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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Mar. 31, 2018
Current Assets:    
Cash and cash equivalents $ 23,359 $ 25,096
Short term investments 15,006 16,000
Accounts receivable, net 1,088 1,884
Royalty receivable 113 63
Due from affiliates 8  
Inventory 3,190 3,164
Prepaid purchases 1,215 360
Prepaid expenses and other current assets 603 497
Total Current Assets 44,582 47,064
Property, plant, and equipment, net 9 14
Deferred tax assets, net 450 528
Other assets 158 151
Total Non-current Assets 617 693
Total Assets 45,199 47,757
Current Liabilities:    
Accounts payable and other current liabilities 717 803
Income tax payable, current portion 250 250
Deferred revenue   50
Total Current Liabilities 967 1,103
Non-Current Liabilities:    
Income tax payable 2,621 2,871
Total Non-current Liabilities 2,621 2,871
Total Liabilities 3,588 3,974
Shareholders’ Equity:    
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000 3,310 3,310
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at September 30, 2018 and March 31, 2018, respectively; 22,309,977 and 22,799,088 shares outstanding at September 30, 2018 and March 31, 2018, respectively 529 529
Additional paid-in capital 79,792 79,792
Accumulated deficit (10,710) (9,265)
Treasury stock, at cost (30,655,820 and 30,166,709 shares at September 30, 2018 and March 31, 2018, respectively) (31,310) (30,583)
Total Shareholders’ Equity 41,611 43,783
Total Liabilities and Shareholders’ Equity $ 45,199 $ 47,757