XML 13 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2017
Mar. 31, 2017
Current Assets:    
Cash and cash equivalents $ 20,819 $ 27,471
Short term investments 22,233 25,078
Accounts receivable, net 1,592 1,208
Royalty receivable 63 99
Inventory 3,071 838
Prepaid purchases 1,451 750
Prepaid expenses and other current assets 576 1,494
Total Current Assets 49,805 56,938
Property, plant, and equipment, net 16 18
Deferred tax assets, net 569 791
Other assets 172 101
Total Non-current Assets 757 910
Total Assets 50,562 57,848
Current Liabilities:    
Accounts payable and other current liabilities 1,087 756
Income tax payable 295 165
Total Current Liabilities 1,382 921
Total Liabilities 1,382 921
Shareholders’ Equity:    
Series A Preferred shares — 10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000 3,310 3,310
Common shares — $0.01 par value, 75,000,000 shares authorized; 52,965,797 shares issued at December 31, 2017 and March 31, 2017, respectively; 23,903,444 and 27,065,852 shares outstanding at December 31, 2017 and March 31, 2017, respectively 529 529
Additional paid-in capital 79,792 79,792
Accumulated deficit (5,517) (2,414)
Treasury stock, at cost (29,062,353 and 25,899,945 shares at December 31, 2017 and March 31, 2017, respectively) (28,934) (24,290)
Total Shareholders’ Equity 49,180 56,927
Total Liabilities and Shareholders’ Equity $ 50,562 $ 57,848