Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,000 $ 10,790
Restricted cash 936 1,065
Accounts receivable, net of allowance for doubtful accounts of $275 and $68 as of September 30, 2019 and March 31, 2019, respectively 71,390 86,828
Manufacturing inventories 22,032 18,440
Service parts inventories 18,845 19,070
Other current assets 9,840 18,095
Total current assets 129,043 154,288
Property and equipment, net 8,606 8,437
Restricted cash 5,000 5,000
Right-of-use assets, net 11,933 0
Other long-term assets 3,678 5,146
Total assets 158,260 172,871
Current liabilities:    
Accounts payable 39,354 37,395
Deferred revenue 76,578 90,407
Accrued restructuring charges 299 2,876
Long-term debt 1,650 1,650
Accrued compensation 15,006 17,117
Other accrued liabilities 18,821 29,025
Total current liabilities 151,708 178,470
Deferred revenue 34,981 36,733
Long-term debt, net of current portion 153,600 145,621
Operating lease liabilities 9,848  
Other long-term liabilities 11,233 11,827
Total liabilities 361,370 372,651
Stockholders' deficit    
Common stock, $0.01 par value; 1,000,000 shares authorized; 36,717, and 36,040 shares issued and outstanding at September 30, 2019 and March 31, 2019, respectively 368 360
Additional paid-in capital 502,398 499,224
Accumulated deficit (704,076) (697,954)
Accumulated other comprehensive loss (1,800) (1,410)
Total stockholders’ deficit (203,110) (199,780)
Total liabilities and stockholders’ deficit $ 158,260 $ 172,871