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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Mar. 31, 2015
Current Assets:    
Cash and cash equivalents $ 27,670,000 $ 43,485,000
Restricted cash 500,000 500,000
Short term investments 15,097,000 0
Trade accounts receivable, net 9,341,000 4,275,000
Royalty receivable 1,433,000 3,522,000
Inventory 4,520,000 4,519,000
Prepaid purchases 1,002,000 2,961,000
Prepaid expenses and other current assets 472,000 702,000
Deferred tax assets 961,000 962,000
Total Current Assets 60,996,000 60,926,000
Property, plant and equipment, net 60,000 77,000
Deferred tax assets 1,076,000 1,058,000
Other assets 126,000 102,000
Total Non-current Assets 1,262,000 1,237,000
Total Assets 62,258,000 62,163,000
Current liabilities:    
Accounts payable and other current liabilities 1,996,000 2,137,000
Due to affiliates 500,000 500,000
Income tax payable 918,000 847,000
Total Current Liabilities 3,414,000 3,484,000
Long-term income tax payable 525,000 481,000
Total Liabilities 3,939,000 3,965,000
Shareholders' equity:    
Preferred shares -$.01 par value, 10,000,000 shares authorized at June 30, 2015 and March 31, 2015, respectively; 3,677 shares issued and outstanding at June 30, 2015 and March 31, 2015, respectively; liquidation preference of $3,677,000 at June 30, 2015 and March 31, 2015, respectively 3,310,000 3,310,000
Common shares - $.01 par value, 75,000,000 shares authorized, 52,965,797 shares issued at June 30, 2015 and March 31, 2015, respectively; 27,129,832 shares outstanding at June 30, 2015 and March 31, 2015, respectively 529,000 529,000
Additional paid-in capital 79,792,000 79,792,000
Accumulated deficit (1,088,000) (1,209,000)
Treasury stock, at cost, 25,835,965 shares (24,224,000) (24,224,000)
Total Shareholders' Equity 58,319,000 58,198,000
Total Liabilities and Shareholders' Equity $ 62,258,000 $ 62,163,000