Note 19 - Quarterly Data - Seasonality (Unaudited)

12 Months Ended

Mar. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Note 19 Quarterly Data — Seasonality (Unaudited)

The Company’s quarterly operating results fluctuate significantly and will likely do so in the future as a result of seasonal variations of our clients’ products ultimately sold at retail. The Company’s business is affected by the pattern of seasonality common to other suppliers of retailers, particularly the holiday selling season. Traditionally, the Company’s third quarter (October 1-December 31) has accounted for its largest quarterly revenue figures and a substantial portion of its earnings. The Company’s third quarter accounted for 30.4% and 39.2% of its net revenues for the years ended March 31, 2014 and 2013, respectively.

The following table sets forth certain unaudited quarterly historical financial data of the Company’s operations on a consolidated basis for each of the four quarters in the years ended March 31, 2014 and 2013 (in thousands, except per share amounts):

	Quarter Ended
Fiscal Year 2014	June 30			September 30			December 31			March 31
Net revenue	$	22,016		$	28,562		$	32,576		$	23,925
Operating loss		(706	)		(967	)		(2,503	)		(1,549	)
Net loss		(3,836	)		(2,700	)		(1,048	)		(18,982	)
Basic loss per common share	$	(0.07	)	$	(0.05	)	$	(0.02	)	$	(0.30	)
Diluted loss per common share	$	(0.07	)	$	(0.05	)	$	(0.02	)	$	(0.30	)

	Quarter Ended
Fiscal Year 2013	June 30			September 30			December 31			March 31
Net revenue	$	4,448		$	7,251		$	21,366		$	21,435
Operating income (loss)		(1,670	)		(1,251	)		(1,123	)		(1,064	)
Net income (loss)		(382	)		1,125			2,007			(14,513	)
Basic loss per common share	$	(0.01	)	$	0.03		$	0.04		$	(0.26	)
Diluted loss per common share	$	(0.01	)	$	0.03		$	0.04		$	(0.26	)