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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Mar. 31, 2011
Current assets:    
Cash and cash equivalents $ 2,674 $ 9,180
Accounts receivable, less allowances of $58 and $56, respectively 2,132 1,592
Inventories, net 3,970 6,096
Prepaid expenses and other current assets 197 332
Total current assets 8,973 17,200
Machinery and equipment 3,516 3,182
Demo equipment 1,070 1,413
Furniture and fixtures 224 224
Leasehold improvements 372 372
Property and equipment, at cost 5,182 5,191
Less—accumulated depreciation and amortization 3,149 2,970
Total property and equipment, net 2,033 2,221
Other assets, net 77 73
Deferred debt cost, net 1,516 272
Total assets 12,599 19,766
Current liabilities:    
Capital lease obligations 91 65
Accounts payable 587 921
Accrued expenses 944 782
Accrued compensation 657 706
Advances from customers 672 5,693
Total current liabilities 2,951 8,167
Line of credit—related party 10,000 5,000
Capital lease obligations, net of current portion 97 75
Total liabilities 13,048 13,242
Stockholders’ (deficit) equity:    
Common stock, $0.01 par value Authorized—75,000 shares; issued and outstanding—45,396 shares and 44,025 shares, respectively 454 440
Additional paid-in capital 98,382 94,339
Treasury stock at cost, 7 shares of common stock and none, respectively (14)  
Accumulated deficit (99,271) (88,255)
Total stockholders’ (deficit) equity (449) 6,524
Total liabilities and stockholders’ (deficit) equity $ 12,599 $ 19,766