Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Carried at Fair Value on Recurring Basis

The following table provides the assets and liabilities carried at fair value on a recurring basis, measured as of December 31, 2015 and March31, 2015 (in thousands):

	Total		QuotedPricesin		SignificantOther		Significant
	Carrying		Active Markets		Observable Inputs		UnobservableInputs
	Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2015:
Assets:
Cash equivalents	$	16,023	$	16,023	$	-	$	-
Derivative liabilities:
Warrants	$	2,590	$	-	$	-	$	2,590
	Total		QuotedPricesin		SignificantOther		Significant
	Carrying		Active Markets		Observable Inputs		UnobservableInputs
	Value		(Level 1)		(Level 2)		(Level 3)
March 31, 2015:
Assets:
Cash equivalents	$	12,519	$	12,519	$	-	$	-
Derivative liabilities:
Warrants	$	2,999	$	-	$	-	$	2,999

Schedule of Liabilities Measured at Fair Value on Recurring Basis

The table below reflects the activity for the Company’s major classes of liabilities measured at fair value on a recurring basis (in thousands):

	Warrants
April 1, 2015	$	2,999
Mark to market adjustment		(409	)
Balance at December 31, 2015	$	2,590
	Warrants
April 1, 2014	$	2,601
Warrant issuance with equity offering		4,255
Warrant issuance with senior secured term loan		106
Mark to market adjustment		(3,963	)
Balance at March 31, 2015	$	2,999