NOTE 3—BALANCE SHEET DETAIL



	September 30, 2016		March 31, 2016
	(In thousands)
Inventories:
Work-in-progress	$	2,760	$	1,697
Finished goods		5,941		5,011
Inventory at distributors		277		466
	$	8,978	$	7,174



	September 30, 2016		March 31, 2016
	(In thousands)
Accounts receivable, net:
Accounts receivable	$	8,910	$	7,578
Less: Allowances for sales returns, doubtful accounts and other		(103)		(100)
	$	8,807	$	7,478



	September 30, 2016		March 31, 2016
	(In thousands)
Prepaid expenses and other current assets:
Prepaid tooling and masks	$	580	$	1,224
Prepaid income taxes		43		—
Escrow deposit		484		—
Other receivables		273		230
Other prepaid expenses and other current assets		837		744
	$	2,217	$	2,198



	September 30, 2016		March 31, 2016
	(In thousands)
Property and equipment, net:
Computer and other equipment	$	18,549	$	18,394
Software		4,793		4,793
Land		3,900		3,900
Building and building improvements		2,256		2,256
Furniture and fixtures		110		114
Leasehold improvements		706		687
		30,314		30,144
Less: Accumulated depreciation		(22,116)		(21,491)
	$	8,198	$	8,653

Depreciation expense was $305,000 and $277,000, respectively, for the three months ended September 30, 2016 and 2015 and $629,000 and $569,000, respectively, for the six months ended September 30, 2016 and 2015.



	September 30, 2016		March 31, 2016
	(In thousands)
Other assets:
Escrow deposit	$	2,500	$	2,984
Non-current deferred income taxes		24		—
Prepaid income taxes		574		—
Deposits		128		102
	$	3,226	$	3,086

The escrow deposits at September 30, 2016 and March 31, 2016 include approximately $2.5 million and $3.0 million respectively, placed in escrow in connection with the Company’s acquisition of MikaMonu Group Ltd. on November 23, 2015. See Note 10— Acquisition for more information.

The following tables summarize the components of intangible assets and related accumulated amortization balances at September 30, 2016 and March 31, 2016 (in thousands):


	As of September 30, 2016
	Gross Carrying Amount		Accumulated amortization		Net Carrying Amount
Intangible assets:
Product designs	$	590	$	(590)	$	—
Patents		4,220		(761)		3,459
Software		80		(80)		—
Total	$	4,890	$	(1,431)	$	3,459


	As of March 31, 2016
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets:
Product designs	$	590	$	(555)	$	35
Patents		4,220		(604)		3,616
Software		80		(80)		—
Total	$	4,890	$	(1,239)	$	3,651

Amortization of intangible assets included in cost of revenues was $92,000 and $41,000, respectively, for the three months ended September 30, 2016 and 2015 and $192,000 and $82,000, respectively, for the six months ended September 30, 2016 and 2015.

As of September 30, 2016, the estimated future amortization expense of intangible assets in the table above is as follows (in thousands):


Six Months Ended September 30,
2017	$	313
2018		307
2019		233
2020		233
2021		233
Thereafter		2,140
Total	$	3,459



	September 30, 2016		March 31, 2016
	(In thousands)
Accrued expenses and other liabilities:
Accrued compensation	$	2,921	$	3,082
Escrow indemnity accrual		484		—
Accrued professional fees		207		83
Accrued commissions		280		284
Accrued income taxes		126		15
Customer credit balance		1,073		—
Other accrued expenses		1,189		934
	$	6,280	$	4,398



	September 30, 2016		March 31, 2016
	(In thousands)
Other accrued expenses:
Contingent consideration	$	5,936	$	5,856
Escrow indemnity accrual		—		484
Other long-term accrued liabilities		370		152
	$	6,306	$	6,492