XML 40 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net income (loss) $ 3,981 $ (1,687)
Gain on sale of discontinued operations (9,926)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization of long-lived assets 143 97
Provision for (recovery from) bad debt 94 (7)
Stock-based compensation expense 1,129 744
Foreign currency exchange (gain) loss (111) 13
Change in operating assets and liabilities, net of discontinued operations:    
Trade accounts receivable (968) 10
Other current assets 75 (17)
Accounts payable (233) 53
Accrued liabilities 590 103
Deferred revenue 634 (203)
Net cash used in operating activities (4,592) (894)
Cash flows from investing activities:    
Acquisition bridge loan   (100)
Purchases of property, plant and equipment (102) (34)
Proceeds from sale of discontinued operations 19,800  
Net cash provided by (used in) investing activities 19,698 (134)
Cash flows from financing activities:    
Proceeds from exercise of stock options 43 24
Proceeds from issuance of common stock 24 23
Net cash provided by financing activities 67 47
Effect of exchange rate changes on cash 15 (10)
Net increase (decrease) in cash 15,188 (991)
Cash at beginning of the period 6,465 8,918
Cash at end of the period $ 21,653 $ 7,927