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Income Taxes (Tables)
12 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Reconciliation of the Income Tax Expenses at the Statutory Rate

A reconciliation of the income tax expense at the statutory rate to the provision for income taxes is as follows:

 

 

 

Year ended March 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Income tax expense at statutory rate

 

$

 

 

$

 

 

$

 

Foreign tax rate differential

 

 

1,106

 

 

 

(2,784

)

 

 

(439

)

Increase (decrease) in valuation allowance against deferred

   tax assets

 

 

(1,106

)

 

 

2,784

 

 

 

439

 

Provision for income tax

 

$

 

 

$

 

 

$

 

 

Components of Deferred Tax Assets

Significant components of deferred tax assets are as follows:

 

 

 

March 31,

2016

 

 

March 31,

2015

 

Deferred tax assets:

 

 

 

 

 

 

 

 

Provisions and reserves

 

$

861

 

 

$

270

 

Net operating loss carry forwards

 

 

6,395

 

 

 

8,534

 

Gross deferred tax assets

 

$

7,256

 

 

$

8,804

 

Fixed assets basis difference

 

$

(401

)

 

$

(843

)

Gross deferred tax liabilities

 

$

(401

)

 

$

(843

)

Net deferred tax asset

 

$

6,855

 

 

$

7,961

 

Valuation allowance

 

 

(6,855

)

 

 

(7,961

)

Total accrued compensation and benefits

 

$

 

 

$