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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (2,609,794)$ (1,851,980)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation and amortization552,275567,576
Loss on disposal of equipment6,475192
Amortization of premium on marketable securities17,0390
Share-based consulting expense2,7878,202
Share-based compensation expense288,754140,490
Deferred income taxes(3,040)(4,925)
Deferred rent(17,614)(17,614)
Changes in operating assets and liabilities:  
Accounts receivable, net(196,435)(187,514)
Inventories(65,281)(125,674)
Other current assets(143,370)(57,949)
Accounts payable(27,130)1,196
Accrued liabilities(20,515)94,179
Accrued pension liability, net(65,303)(48,246)
Net cash used in operating activities(2,281,152)(1,482,067)
Cash flows from investing activities:  
Proceeds from maturity of marketable securities11,018,2682,500,000
Purchases of marketable securities(5,280,042)(5,000,000)
Purchases of property, plant and equipment(106,325)(94,506)
Purchase of intangible assets(67,198)(11,300)
Net cash provided by (used in) investing activities5,564,703(2,605,806)
Cash flows from financing activities:  
Net proceeds from public offering of common stock014,917,059
Net proceeds from exercise of warrants and options207,0502,275,906
Net cash provided by financing activities207,05017,192,965
Effect of exchange rate changes on cash and cash equivalents(15,824)(28,674)
Net increase in cash and cash equivalents3,474,77713,076,418
Cash and cash equivalents at beginning of period6,063,5732,311,269
Cash and cash equivalents at end of period9,538,35015,387,687
Cash paid during the period for interest570
Cash (paid) received during the period for income taxes$ 24,074$ (248)