Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 27,430 $ 6,440
Restricted cash, current 707 830
Accounts receivable, net of allowance for doubtful accounts of $406 and $1,247, respectively 73,102 70,370
Manufacturing inventories 24,467 29,196
Service parts inventories 23,421 20,502
Other current assets 6,939 8,489
Total current assets 156,066 135,827
Property and equipment, net 10,051 9,046
Intangible assets, net 5,037 0
Goodwill 3,466 0
Restricted cash, long-term 5,000 5,000
Right-of-use assets, net 9,383 12,689
Other long-term assets 5,921 3,433
Total assets 194,924 165,995
Current liabilities:    
Accounts payable 35,245 36,949
Deferred revenue 84,027 81,492
Accrued restructuring charges 580 0
Long-term debt, current portion 1,850 7,321
Accrued compensation 19,214 14,957
Other accrued liabilities 18,174 17,535
Total current liabilities 159,090 158,254
Deferred revenue 36,126 37,443
Long-term debt, net of current portion 90,890 146,847
Operating lease liabilities 8,005 10,822
Other long-term liabilities 13,058 11,154
Total liabilities 307,169 364,520
Commitments and Contingencies (Note 11)
Preferred stock:    
Preferred stock, 20,000 shares authorized; no shares issued as of March 31, 2021 and 2020 0 0
Common stock:    
Common stock, $0.01 par value; 125,000 shares authorized; 56,915 and 39,905 shares issued and outstanding at March 31, 2021 and 2020, respectively 570 399
Additional paid-in capital 626,664 505,762
Accumulated deficit (738,623) (703,164)
Accumulated other comprehensive loss (856) (1,522)
Total stockholders' deficit (112,245) (198,525)
Total liabilities and stockholders' deficit $ 194,924 $ 165,995