Current assets:

   Cash and cash equivalents

$36,655    

$38,347    

   Accounts receivable, net of allowances for doubtful accounts
    of $375 and $650 at March 31, 2001 and 2000, respectively

3,090    

5,514    

   Prepaid expenses

243    

103    

   Deferred taxes

464    

845    

     Total current assets

40,452    

44,809    

Long-term investment

3,000    

—    

Property and equipment, net

629    

919    

Other assets

536    

387    

Total assets

$44,617    

$46,115    

Current liabilities:

   Accounts payable

$     538    

$     757    

   Accrued expenses and other liabilities

2,828    

3,997    

   Billings in excess of costs and estimated earnings

86    

42    

   Income taxes payable

—    

343    

     Total current liabilities

3,452    

5,139    

Commitments

Stockholders’ equity:

   Preferred stock, $.01 par value, 1,000,000 authorized, no shares
   issued or outstanding

—    

—    

   Common stock, $.01 par value, 60,000,000 shares authorized,
    13,135,126 shares issued and 13,023,126 outstanding at
    March 31, 2001 and 13,087,599 shares issued and 12,975,599
    outstanding at March 31, 2000

131    

131    

   Additional paid-in capital

26,900    

26,737    

   Retained earnings

14,159    

14,133    

   Treasury stock (112,000 shares carried at cost)

(25)    

(25)    

     Total stockholders’ equity

41,165    

40,976    

Total liabilities and stockholders’ equity

$44,617    

$46,115