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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2014
Mar. 31, 2013
Current assets:    
Cash and cash equivalents $ 8,681,609 $ 3,533,864
Short-term investments 3,451,086 7,936,605
Accounts receivable, net 2,875,275 2,553,447
Inventories 517,217 718,933
Other 507,299 566,536
Total current assets 16,032,486 15,309,385
Property, plant, and equipment, net 997,609 1,033,085
Intangible assets, net 119,980 100,502
Long-term investments 0 3,451,711
Prepaid pension assets 855 0
Deferred tax assets 150,116 146,052
Total assets 17,301,046 20,040,735
Current liabilities:    
Accounts payable 904,879 618,916
Current portion - deferred rent 2,917 35,000
Income tax payable 21,922 7,729
Accrued liabilities:    
Compensation 1,999,966 1,550,846
Other 479,373 476,287
Total current liabilities 3,409,057 2,688,778
Deferred rent - less current portion 171 5,141
Accrued pension liability 678,118 660,580
Total liabilities 4,087,346 3,354,499
Commitments and contingencies      
Shareholders' equity:    
Common stock $.01 par value; 40,000,000 shares authorized, 21,653,835 and 21,005,582 shares issued and outstanding at March 31, 2014 and 2013, respectively. 216,538 210,056
Additional paid-in capital 57,655,628 55,866,338
Accumulated deficit (44,174,071) (38,820,981)
Accumulated other comprehensive loss (484,395) (569,177)
Total shareholders' equity 13,213,700 16,686,236
Total liabilities and shareholders' equity $ 17,301,046 $ 20,040,735