Consolidated Statements of Operations
(in thousands, except per share data)



Year Ended
March 31, 
2002     
Year Ended
March 31, 
2001     
Year Ended
March 31, 
2000     
Revenues $ 20,419 $ 34,135 $ 35,186  
Cost of revenues 13,537 23,890 26,207  
Gross profit 6,882 10,245 8,979  
Operating expenses:
  Sales and marketing 3,284 4,856 3,232  
  General and administrative 5,382 6,920 7,441  
  Restructuring expense 925 337 -  
  Total operating expenses 9,591 12,113 10,673  
  Loss from operations (2,709) (1,868) (1,694)  
  Interest income, net 1,041 2,144 1,822  
  Write-down of investment 3,000 - -  
  Income (loss) from continuing operations before
  provision for income taxes
(4,668) 276 128  
Provision (benefit) for income taxes (1,274) 250 109  
Income (loss) from continuing operations (3,394) 26 19  
Discontinued operations:
  Loss from operations of discontinued business
  (less applicable income tax benefit of $410)
797 - -  
  Loss on disposal of business (less applicable
  income tax benefit of $735)
1,930 - -  
    Net income (loss) $ (6,121) $26 $19  
  Earnings (loss) per share from continuing operations:
    Basic $ (0.26) $ 0.00 $ 0.00  
    Diluted $ (0.26) $ 0.00 $ 0.00  
  Earnings (loss) per share from discontinued
    operations:
    Basic $ (0.21) - -  
    Diluted $ (0.21) - -  
  Earnings (loss) per share from net income:
    Basic $ (0.47) $ 0.00 $ 0.00  
    Diluted $ (0.47) $ 0.00 $ 0.00  
  Shares used in computing earnings (loss)
    per share (basic)
13,028 12,998 12,925  
  Shares used in computing earnings (loss)
    per share (diluted)
13,028 13,213 13,254  


The accompanying notes are an integral part of these consolidated financial statements.