XML 13 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Current Assets:    
Cash and cash equivalents $ 21,928 $ 25,096
Short term investments 14,031 16,000
Accounts receivable, net 749 1,884
Royalty receivable 163 63
Inventory 4,618 3,164
Prepaid purchases 36 360
Prepaid expenses and other current assets 572 497
Total Current Assets 42,097 47,064
Property, plant, and equipment, net 8 14
Deferred tax assets, net 448 528
Other assets 157 151
Total Non-current Assets 613 693
Total Assets 42,710 47,757
Current Liabilities:    
Accounts payable and other current liabilities 636 803
Due to affiliates 5  
Income tax payable, current portion 250 250
Deferred revenue   50
Total Current Liabilities 891 1,103
Non-Current Liabilities:    
Income tax payable 2,621 2,871
Total Non-current Liabilities 2,621 2,871
Total Liabilities 3,512 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 December 31, 2018 and March 31, 2018, respectively; 21,047,155 and 22,799,088 shares outstanding at December 31, 2018 and March 31, 2018, respectively 529 529
Additional paid-in capital 79,792 79,792
Accumulated deficit (11,239) (9,265)
Treasury stock, at cost (31,918,642 and 30,166,709 shares at December 31, 2018 and March 31, 2018, respectively) (33,194) (30,583)
Total Shareholders’ Equity 39,198 43,783
Total Liabilities and Shareholders’ Equity $ 42,710 $ 47,757