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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2013
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 3,517 $ (630)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 249 57
Related party rent expense in excess of contractual amount 3,288 3,368
Changes in operating assets and liabilities:    
Change in accounts receivable (3,904) (14,212)
Change in inventories (3,424) 5,010
Change in advances to suppliers (19,376) 15,004
Change in taxes receivable 0 774
Change in other receivable 350 0
Change in accounts payable and accrued liabilities 657 (14,375)
Change in interest payable 575 0
Change in advances to customers (219) 138
Change in taxes payable 3,854 1,889
Net cash provided by (used in) operating activities (14,433) (2,977)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment 0 (132)
Cash received in acquisition 4 0
Net cash used in investing activities 4 (132)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings on lines of credit 72,304 164,235
Payments on lines of credit (70,713) (161,602)
Payments on long-term loans from related parties 0 197
Capital contributions 12,904 0
Net cash provided by financing activities 14,495 2,830
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (14) (11)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 52 (290)
CASH AND CASH EQUIVALENTS - Beginning of period 3 532
CASH AND CASH EQUIVALENTS - End of period 55 242
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 3,330 4,561
Cash paid for income taxes 0 0
NON-CASH OPERATING, INVESTING AND FINANCING ACTIVITIES    
Related party rent expense as contributions to equity 3,288 3,368
Acquisition of Geo Point in exchange for stock 3,590 0
Netting accounts receivable against line of credit under secured borrowing agreement $ 1,818 $ 0