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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Current Assets:    
Cash and cash equivalents $ 42,728 $ 30,096
Restricted cash   500
Short term investments 10,154 20,155
Trade accounts receivable, net 1,458 2,800
Royalty receivable 225 1,292
Inventory 3,833 2,056
Prepaid purchases 943 871
Prepaid expenses and other current assets 605 556
Total Current Assets 59,946 58,326
Property, plant, and equipment, net 27 29
Deferred tax assets 1,383 1,401
Other assets 131 132
Total Non-current Assets 1,541 1,562
Total Assets 61,487 59,888
Current Liabilities:    
Accounts payable and other current liabilities 1,980 1,691
Deferred revenue 1,875  
Due to affiliates   512
Income tax payable 456 455
Total Current Liabilities 4,311 2,658
Total Liabilities 4,311 2,658
Shareholders’ Equity:    
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding at June 30, 2016 and March 31, 2016 respectively; liquidation preference of $3,677,000 at June 30, 2016 and March 31, 2016, respectively 3,310 3,310
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at June 30, 2016 and March 31, 2016, respectively; 27,129,832 shares outstanding at June 30, 2016 and March 31, 2016, respectively 529 529
Additional paid-in capital 79,792 79,792
Accumulated deficit (2,231) (2,177)
Treasury stock, at cost (25,835,965 shares) (24,224) (24,224)
Total Shareholders’ Equity 57,176 57,230
Total Liabilities and Shareholders’ Equity $ 61,487 $ 59,888