Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands
 6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities    
Net (loss)/income $ (1,702) $ 361
Adjustments to reconcile net income/(loss) to net cash used in operating activities:    
Gain on disposal of discontinued operations, net of taxes, net of impact of foreign currency translation   (4,315)
Depreciation and amortization 209 567
Amortization of debt discount 418  
Allowance for doubtful accounts (11) (288)
Stock-based compensation 69 411
(Increase) / decrease in assets, net of effect of disposal of subsidiary:    
Accounts receivable 708 2,900
Prepaid expenses and other current assets (54) (12)
Increase / (decrease) in liabilities, net of effect of disposal of subsidiary:    
Accounts payable (70) (230)
Accrued license fees 239 358
Accrued compensation (178) (111)
Other liabilities and other items: (133) (171)
Net cash used in operating activities (316) (358)
Cash flows from investing activities    
Purchase of property and equipment (4) (121)
Transaction costs   (905)
Cash remaining with disposed subsidiary   (641)
Net cash used in investing activities (4) (1,667)
Cash flows from financing activities    
Proceeds from new convertible debt   2,500
Net cash provided by financing activities   2,500
Effect of exchange rate changes on cash and cash equivalents 47 17
Net change in cash and cash equivalents (273) 492
Cash and cash equivalents, beginning of period 845 1,891
Cash and cash equivalents, end of period 572 2,383
Supplemental disclosure of cash flow information:    
Taxes paid 31 133
Interest paid 745 1,041
Vendor
    
Increase / (decrease) in liabilities, net of effect of disposal of subsidiary:    
Issuance of common stock and warrants 84 172
Services
    
Increase / (decrease) in liabilities, net of effect of disposal of subsidiary:    
Issuance of common stock and warrants $ 104