CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Current Assets:
Cash and cash equivalents	$ 7,917,000	$ 25,096,000
Short term investments	28,371,000	16,000,000
Accounts receivable, net	604,000	1,884,000
Royalty receivable	3,000	63,000
Inventory	3,520,000	3,164,000
Prepaid purchases	417,000	360,000
Prepaid expenses and other current assets	421,000	497,000
Total Current Assets	41,253,000	47,064,000
Property, plant, and equipment, net	6,000	14,000
Deferred tax assets, net	448,000	528,000
Other assets	154,000	151,000
Total Non-current Assets	608,000	693,000
Total Assets	41,861,000	47,757,000
Current Liabilities:
Accounts payable and other current liabilities	545,000	803,000
Income tax payable, current portion	250,000	250,000
Deferred revenue	165,000	50,000
Total Current Liabilities	960,000	1,103,000
Non-Current Liabilities:
Income tax payable	2,173,000	2,871,000
Total Non-current Liabilities	2,173,000	2,871,000
Total Liabilities	3,133,000	3,974,000
Shareholders’ Equity:
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000	3,310,000	3,310,000
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at March 31, 2019 and March 31, 2018, respectively; 21,042,652 and 22,799,088 shares outstanding at March 31, 2019 and March 31, 2018, respectively	529,000	529,000
Additional paid-in capital	79,792,000	79,792,000
Accumulated deficit	(11,702,000)	(9,265,000)
Treasury stock, at cost (31,923,145 and 30,166,709 shares at March 31, 2019 and March 31, 2018, respectively)	(33,201,000)	(30,583,000)
Total Shareholders’ Equity	38,728,000	43,783,000
Total Liabilities and Shareholders’ Equity	$ 41,861,000	$ 47,757,000