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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Mar. 31, 2018
Current Assets:    
Cash and cash equivalents $ 23,257 $ 25,096
Short term investments 17,085 16,000
Accounts receivable, net 956 1,884
Royalty receivable 63 63
Inventory 3,843 3,164
Prepaid purchases 205 360
Prepaid expenses and other current assets 484 497
Total Current Assets 45,893 47,064
Property, plant, and equipment, net 11 14
Deferred tax assets, net 485 528
Other assets 158 151
Total Non-current Assets 654 693
Total Assets 46,547 47,757
Current Liabilities:    
Accounts payable and other current liabilities 873 803
Income tax payable, current portion 250 250
Deferred revenue   50
Total Current Liabilities 1,123 1,103
Non-Current Liabilities:    
Income tax payable 2,871 2,871
Total Non-current Liabilities 2,871 2,871
Total Liabilities 3,994 3,974
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 June 30, 2018 and March 31, 2018, respectively; 22,543,626 and 22,799,088 shares outstanding at June 30, 2018 and March 31, 2018, respectively 529 529
Additional paid-in capital 79,792 79,792
Accumulated deficit (10,115) (9,265)
Treasury stock, at cost (30,422,171 and 30,166,709 shares at June 30, 2018 and March 31, 2018, respectively) (30,963) (30,583)
Total Shareholders’ Equity 42,553 43,783
Total Liabilities and Shareholders’ Equity $ 46,547 $ 47,757