Xplore Technologies 10-Q 10 Aug 16 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Jun. 30, 2016	Jul. 31, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	XPLORE TECHNOLOGIES CORP
Document Type	10-Q
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding		10,926,542
Amendment Flag	false
Entity Central Index Key	1,177,845
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 4,418	$ 5,594
Accounts receivable, net	9,992	14,277
Inventory, net	21,130	14,858
Prepaid expenses and other current assets	375	800
Total current assets	35,915	35,529
Fixed assets, net	1,152	1,003
Intangible assets, net	1,695	1,785
Goodwill	15,159	14,872
	53,921	53,189
LIABILITIES:
Short-term indebtedness with bank	6,124	0
Accounts payable	7,741	9,611
Accrued liabilities	1,975	3,409
Deferred revenue and current warranty liabilities	4,255	4,413
Total current liabilities	20,095	17,433
Deferred revenue and non-current warranty liabilities	4,210	4,568
Total liabilities	24,305	22,001
Commitments and contingencies
STOCKHOLDERS’ EQUITY:
Preferred Stock, par value $0.001 per share; authorized 5,000; no shares issued	0	0
Common Stock, par value $0.001 per share; authorized 15,000; shares issued 10,908 and 10,908, respectively	11	11
Additional paid-in capital	171,313	171,138
Accumulated deficit	(141,708)	(139,961)
	29,616	31,188
	$ 53,921	$ 53,189

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2016	Mar. 31, 2016
Preferred stock par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	0
Preferred stock, shares issued	0	0
Common stock par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	10,908,000	10,908,000

Consolidated Statements of Loss

Consolidated Statements of Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Revenue	$ 16,473	$ 24,043
Cost of revenue	11,609	15,893
Gross profit	4,864	8,150
Expenses:
Sales, marketing and support	3,435	3,620
Product research, development and engineering	953	1,830
General administration	2,039	2,331
	6,427	7,781
Income (loss) from operations	(1,563)	369
Other income (expense):
Other	(96)	63
Cost of integration	0	(670)
Interest expense	(8)	(6)
	(104)	(613)
Loss before income taxes	(1,667)	(244)
Income tax (expense)	(80)	0
Net loss	$ (1,747)	$ (244)
Loss per common share (in Dollars per share)	$ (0.16)	$ (0.02)
Weighted average number of common shares outstanding, basic and fully diluted (in Shares)	10,908,355	10,789,967

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash (used in) provided by operations:
Net loss	$ (1,747)	$ (244)
Items not affecting cash:
Depreciation and amortization	348	358
Provision for doubtful accounts	15	(84)
Stock-based compensation expense	175	607
Changes in operating assets and liabilities:
Accounts receivable	4,270	(4,151)
Inventory	(6,272)	(1,932)
Prepaid expenses and other current assets	425	11
Accounts payable and accrued liabilities	(3,820)	1,788
Net cash used in operating activities	(6,606)	(3,647)
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash received in purchase transaction	0	653
Change in liabilities assumed in purchase of business	(287)	0
Additions to fixed assets	(407)	(237)
Net cash provided by (used in) investing activities	(694)	416
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from short-term borrowings	11,600	5,000
Repayment of short-term indebtedness	(5,476)	(10,233)
Net proceeds from issuance of Common Stock	0	26
Net cash provided by (used in) financing activities	6,124	(5,207)
CHANGE IN CASH AND CASH EQUIVALENTS	(1,176)	(8,438)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	5,594	19,455
CASH AND CASH EQUIVALENTS, END OF PERIOD	4,418	11,017
NONCASH INVESTING AND FINANCING ACTIVITIES:
Net assets acquired with debt in purchase transaction	0	9,079
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:
Payments for interest	8	6
Payments for income taxes	$ 80	$ 0

1. DESCRIPTION OF BUSINESS

1. DESCRIPTION OF BUSINESS	3 Months Ended
	Jun. 30, 2016
Disclosure Text Block [Abstract]
Nature of Operations [Text Block]	1. DESCRIPTION OF BUSINESS Xplore Technologies Corp. (the “Company”), incorporated under the laws of the State of Delaware, is engaged in the development, integration and marketing of rugged mobile personal computer (“PC”) systems. The Company’s rugged tablet PCs are designed to withstand hazardous conditions such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks. The intrinsically safe, ruggedized and reliable nature of the Company’s products enable the extension of traditional computing systems to a range of field personnel, including oil field pipeline inspectors, public safety personnel, warehouse workers and pharmaceutical scientists.

2. SIGNIFICANT ACCOUNTING POLIC

2. SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	2. SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States and in accordance with the instructions for Form 10-Q. Accordingly, they do not include all of the information and disclosures required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, these financial statements contain all normal and recurring adjustments considered necessary to present fairly the financial position, results of operations and cash flows for the periods presented. The results for the three months ended June 30, 2016 are not necessarily indicative of the results to be expected for the full year. The consolidated balance sheet at March 31, 2016 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. These accompanying unaudited consolidated financial statements should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and the audited consolidated financial statements and related notes included in the Company’s fiscal 2016 Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 29, 2016. Basis of consolidation and presentation The consolidated financial statements include the accounts of the Company and its wholly‑owned subsidiaries, Xplore Technologies Corporation of America and Xplore Technologies International Corp. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. These estimates and assumptions are affected by management’s application of accounting policies. Estimates are deemed critical when a different estimate could have reasonably been used or where changes in the estimates are reasonably likely to occur from period to period, and would materially impact the Company’s financial condition, changes in financial condition or results of operations. On an ongoing basis, the Company evaluates the estimates, including those related to its revenue recognition, allowance for doubtful accounts, inventory valuation, warranty reserves, tooling amortization, financial instruments, stock‑based compensation and income taxes. The estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from management’s estimates and assumptions. Motion Acquisition On April 16, 2015, Xplore Technologies Corporation of America, a wholly-owned subsidiary of the Company, entered into a Foreclosure Purchase and Sale Agreement (the “Purchase and Sale Agreement”) with Motion Computing, Inc., Motion Computing Pty, Ltd., Motion Computing Holding Company, Inc. (collectively “Motion”) and Square 1 Bank, Motion’s senior secured lender (“Square 1”), pursuant to which the Company’s subsidiary agreed to purchase certain of the assets of Motion, including cash, cash equivalents, accounts receivable, inventory, equipment, personal property and other assets of Motion for an aggregate purchase price of approximately $9 million in cash, plus the assumption of approximately $6 million in certain liabilities, net of current assets, subject to the terms and conditions thereof (the “Motion Acquisition”). The assumed liabilities include certain accounts payable and obligations for service contracts and product warranties. The closing of the Motion Acquisition occurred on April 17, 2015. The Motion Acquisition was accounted for under the acquisition method of accounting in accordance with the provisions of FASB ASC Topic No. 805 Business Combinations (ASC 805). The total purchase price for the Motion assets was approximately $9 million and was comprised of cash consideration paid by the Company to Square 1. Under the acquisition method of accounting under ASC 805, the total estimated purchase price of the acquired company is allocated to the assets acquired and the liabilities assumed based on their fair values. The Company has made significant estimates and assumptions in determining the preliminary allocation of the purchase price. The preliminary allocation of purchase consideration is subject to change based on further review of the fair value of the assets acquired and liabilities assumed. The following table is the final allocation of the purchase price (in thousands, except years): Fair Value Weighted Average Estimated Useful Life (In Years) Cash and cash equivalents $ 653 Accounts receivable 7,383 Inventory 6,101 Other assets 7 Fixed assets 470 3 Goodwill 15,159 Identifiable intangible assets 2,130 6 Accounts payable and accrued liabilities (14,092 ) Deferred revenue (8,732 ) Total purchase price $ 9,079 Goodwill represents the excess of the fair value of consideration given over the fair value of the tangible assets, identifiable intangible assets and liabilities assumed in a business combination and the potential synergy of combining the operations of the Company and Motion. The Company expects the entire amount of goodwill recorded in this acquisition will be deducted for tax purposes ratably over a 15 year period. The identified intangible assets consist of trademarks, copyrights, and developed technology, including patents. The estimated fair values of the trademark, copyrights and developed technology were determined using the “Relief from Royalty” method. Trademark, developed technology, non-compete and customer relationship will be amortized on a straight-line basis over their estimated useful lives. The Company expects the amortization of acquired intangibles will be approximately $400 per year for the remaining estimated useful lives. Goodwill and other intangible assets Goodwill represents the excess purchase price over the fair value of identifiable assets received attributable to business acquisitions and combinations. Goodwill and other intangible assets are measured for impairment at least annually and/or whenever events and circumstances arise that indicate impairment may exist, such as a significant adverse change in the business climate. In assessing the value of goodwill, assets and liabilities are assigned to the reporting units and the appropriate valuation methodologies are used to determine fair value at the reporting unit level. Identified intangible assets are amortized using the straight-line method over their estimated useful lives which are estimated to be between three and seven years. Long-lived asset impairment Long-lived assets include property and equipment and definite-lived intangible assets. Definite-lived intangible assets consist of customer relationships, trade names and non-compete agreements. Long-lived assets are measured for impairment at least annually and/or whenever events and circumstances arise that indicate that the carrying value of the assets may not be recoverable. Cash and cash equivalents and liquidity At June 30, 2016, the Company had cash and cash equivalents of approximately $4,418, working capital of approximately $15,820 and total equity of approximately $29,616. The Company’s management believes that it has adequate cash and cash equivalents on hand and projected cash flow from operations to finance its operations for at least 12 months. Foreign Currency Transactions The Company does enter into transactions that are settled in a foreign currency. The transactions are recorded in U.S. dollars based on the exchange rate in effect at the time a transaction is initiated. When a transaction is settled, the foreign currency received to settle the transaction is converted to U.S. dollars based on the exchange rate in effect at the time of settlement. A realized foreign currency exchange gain or loss is recorded based on the difference in the exchange rate in effect when a transaction is initiated, and the exchange rate in effect when a transaction is settled. For the three months ended June 30, 2016 and 2015 the Company reported a loss in foreign currency transactions of $83 and a gain in foreign currency transactions of $76, respectively. Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board ("FASB") amended the existing accounting standards for employee share-based payment arrangements. The amendments require all excess tax benefits and tax deficiencies associated with share-based payments to be recognized as income tax expense or income tax benefit, respectively, rather than as additional paid-in capital. The amendments also increase the amount an employer can withhold in order to cover income taxes on awards, allows companies to recognize forfeitures of awards as they occur, and requires companies to present excess tax benefits from stock-based compensation as an operating activity in the statement of cash flows rather than as a financing activity. The Company is required to adopt the guidance in the first quarter of fiscal 2018. Early adoption is permitted. The Company is currently evaluating the timing and the impact of these amendments on its Condensed Consolidated and Combined Financial Statements. In February 2016, the FASB amended the existing accounting standards for leases. The amendments require lessees to record, at lease inception, a lease liability for the obligation to make lease payments and a right-of-use ("ROU") asset for the right to use the underlying asset for the lease term on their balance sheets. Lessees may elect to not recognize lease liabilities and ROU assets for most leases with terms of 12 months or less. The lease liability is measured at the present value of the lease payments over the lease term. The ROU asset will be based on the liability, adjusted for lease prepayments, lease incentives received, and the lessee's initial direct costs. For finance leases, lease expense will be the sum of interest on the lease obligation and amortization of the ROU asset, resulting in a front-loaded expense pattern. For operating leases, lease expense will generally be recognized on a straight-line basis. The amended lessor accounting model is similar to the current model, updated to align with certain changes to the lessee model and the new revenue standard. The current sale-leaseback guidance, including guidance applicable to real estate, is also replaced with a new model for both lessees and lessors. The Company is required to adopt the guidance in the first quarter of fiscal 2020 using a modified retrospective approach. Early adoption is permitted. The Company is currently evaluating the timing and the impact of these amendments on its Condensed Consolidated and Combined Financial Statements.

3. INVENTORY

3. INVENTORY	3 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	3. INVENTORY June 30, 2016 March 31, 2016 Finished goods $ 12,246 $ 9,145 Computer components 8,884 5,713 Total inventory $ 21,130 $ 14,858

4. LOSS PER SHARE

4. LOSS PER SHARE	3 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	4. LOSS PER SHARE Loss per share has been computed based on the weighted‑average number of shares of common stock issued and outstanding during the period, and is calculated by dividing net loss by the weighted average number of common shares outstanding during the period. The effects of the options granted under the Company’s option plans, the exercise of outstanding options and the exercise of outstanding warrants were excluded from the loss per share calculations for the periods presented as their inclusion is anti-dilutive. Accordingly, diluted loss per share has not been presented. The following securities were not considered in the loss per share calculations for the three months ended: June 30, June 30, Warrants 100,000 120,000 Options 1,912,125 2,032,826 2,012,125 2,153,826

5. SHORT-TERM INDEBTEDNESS

5. SHORT-TERM INDEBTEDNESS	3 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	5. SHORT-TERM INDEBTEDNESS On April 17, 2015, the Company entered into a credit agreement in connection with the consummation of the Motion Acquisition. The Company and its wholly-owned subsidiary entered into a Loan and Security Agreement with Square 1 (the “Square 1 Credit Agreement”) pursuant to which Square 1 agreed to provide revolving loans of up to an aggregate principal amount of $15 million to the Company’s subsidiary. The Square 1 Credit Agreement has a two-year term. Payment and performance under the Square 1 Credit Agreement is secured by a first priority security interest in and to substantially all of the assets of the Company and its subsidiaries. Pursuant to the Square 1 Credit Agreement, the loans consist of formula revolving loans and non-formula revolving loans. The maximum amount of formula revolving loans outstanding at any one time cannot exceed the lesser of $15 million or 85% of eligible accounts receivable of the Company’s subsidiary. The maximum amount of non-formula revolving loans outstanding at any one time could not exceed $4 million through April 16, 2016, and thereafter steps-down in $480 increments every three months until the cap reaches $2.08 million, which will be maximum allowable amount outstanding at any one time thereafter until the maturity date. The interest rate on the loans is variable, and will be equal to the prime rate in effect from time to time plus 1.25% per annum, provided that the interest rate on any day shall not be less than 4.5% per annum. The Square 1 Credit Agreement contains a financial covenant regarding liquidity, which is tested monthly. Failure to meet such covenant or the triggering of other events of default could result in acceleration of all payment obligations and the termination of the obligations of Square 1 to make loans and extend credit under the Square 1 Credit Agreement. The Square 1 Credit Agreement contains certain representations and warranties that must be made and certain other conditions that must be met for the Company and its subsidiary to cause Square 1 to make loans. The Square 1 Credit Agreement also contains customary affirmative and negative covenants, events of default and remedies upon default including acceleration. The Company agreed to a financial covenant requiring that the sum of the aggregate undrawn portion of the loans available under the Square 1 Credit Agreement plus the aggregate amount of all non-restricted cash and cash equivalents of the Company as shown on the Company's monthly financial statements provided to Square 1, as required under the Square 1 Credit Agreement, shall be at least $3 million. On June 30, 2016, there was $6,124 in borrowings under the Square 1 Credit Agreement.

6. SHARE CAPITAL

6. SHARE CAPITAL	3 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	6. SHARE CAPITAL The Company’s second amended and restated certificate of incorporation, has established the number of authorized shares of common stock of the Company as 15,000,000 and the number of authorized shares of preferred stock of the Company as 5,000,000. Warrants Outstanding At June 30, 2016, there were warrants to purchase an aggregate of 100,000 shares of common stock outstanding, all of which are fully exercisable, as detailed in the table below: Number of Exercisable Warrants Exercise Price (1) Expiration Date 100,000 $ 6.25 October 24, 2017 (1) Exercise price may change subject to anti-dilutive terms.

7. STOCK-BASED COMPENSATION PLA

7. STOCK-BASED COMPENSATION PLAN	3 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	7. STOCK-BASED COMPENSATION PLAN a) Stock Options On July 28, 2009, the Company’s board of directors (the “Board of Directors”) adopted the 2009 Stock Incentive Plan (the “Stock Plan”). The Stock Plan provides for equity‑based awards in the form of incentive stock options and non-statutory options, restricted shares, stock appreciation rights and restricted stock units. Awards are made to selected employees, directors and consultants to promote stock ownership among award recipients, encourage their focus on strategic long-range corporate objectives, and attract and retain exceptionally qualified personnel. The exercise price of an option is determined at the date of grant and is based on the closing price of the Company’s common stock on the stock exchange or quotation system on which the common stock is listed or traded on the day of grant. Unless otherwise provided for, the options are exercisable only during the term of engagement of the employee, officer or consultant or during the period of service as a director of the Company. The Stock Plan became effective as of June 10, 2009 and was approved by the Company’s stockholders on January 14, 2010. On March 24, 2016, the stockholders approved an amendment to the Stock Plan to increase the number of shares of common stock issuable under the plan to three million shares. A summary of the activity in the Stock Plan during the three months ended June 30, 2016 was as follows: Three months ended June 30, 2016 Options Weighted Outstanding at March 31, 2016 1,915,458 $ 5.40 Granted — — Exercised — — Forfeited (3,333 ) 3.44 Outstanding at end of period 1,912,125 $ 5.41 At June 30, 2016, the total number of shares of common stock issued in connection with the exercise of options since the inception of the Stock Plan was 171,927 and the total number of shares of common stock issued in connection with the vesting of restricted stock awards was 4,268. A summary of the options outstanding and exercisable at June 30, 2016 was as follows: Options Outstanding and Expected to Vest Options Exercisable Range of Exercise Prices Number Outstanding Weighted Average Number Exercisable Weighted Average $ 3.44— 4.99 303,404 2.2 191,742 2.2 $ 5.00— 7.50 1,603,721 4.8 1,185,125 4.9 $ 7.51— 20.00 5,000 0.5 5,000 0.5 1,912,125 4.4 1,381,867 4.5 The weighted average exercise price of options exercisable at June 30, 2016 was $5.41 per share. The options have been valued separately using the Black‑Scholes methodology. The options under the Stock Plan generally vest over a three-year period in equal annual amounts and expire five years after the issuance date. The Company recorded stock compensation cost of $175 and $607 for the three months ended June 30, 2016 and 2015, respectively. This expense was recorded in the employee related functional classification. Compensation expense has been determined based on the fair value at the grant date for options granted in the current fiscal year. The future compensation expense to be recognized for unvested option grants at June 30, 2016 was $813, which is to be recognized over the next three years. b) 2009 Employee Stock Purchase Plan The Board of Directors approved an employee stock purchase plan that was implemented on January 1, 2009 and approved by the Company’s stockholders on November 4, 2009 (the “ESPP”). The offering price per common share and number of common shares purchased for the periods ended June 30, 2016 and 2015 are as follows: Three Months Ended June 30, 2016 2015 Offering Price per Common Share $ 2.28 $ 6.03 Common Shares Purchased 18,187 9,749

8. RELATED PARTY TRANSACTIONS

8. RELATED PARTY TRANSACTIONS	3 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	8. RELATED PARTY TRANSACTIONS On April 7, 2015, the Board of Directors approved grants of additional options to purchase a total of 240,374 shares of the Company’s common stock, with an exercise price of $6.38, of which options to purchase 87,437 shares were granted to Phillip Sassower, the Company's Chairman and Chief Executive Officer, and options to purchase 27,937 shares were granted to Andrea Goren, a member of the Board of Directors. The options vest on the first anniversary of the Motion Acquisition, and have a term of seven and one half years from the date of the grant. These grants are contingent upon stockholder approval of an increase in the maximum number of shares to be authorized for issuance under the Stock Plan. During the quarter ended June 30, 2015, each member of the Board of Directors were paid quarterly in the amount of $2.5 and an additional annual fee to each member of the Board of Director’s audit committee and compensation committee, in the amount of $1 per quarter for each committee on which such member serves. On June 15, 2016, the Board of Directors approved an increase in the payment of quarterly fees to $6 and an increase in the quarterly committee fee to $2 for each committee on which such member serves, to a maximum of two committees. General administration expense includes an expense of $48 and $21 for the three months ended June 30, 2016 and 2015, respectively, relating to these fees. The Board of Directors has approved payments to SG Phoenix LLC, an affiliate of the Company, of an annual fee of $287.5 for services rendered, to include compensation of the Company’s Chief Executive Officer. General administration expense includes an expense of $72 and $72 for the three months ended June 30, 2016 and 2015, respectively, for these fees. During the three months ended June 30, 2016 and 2015, the Company purchased approximately $1 and $46 in components for the Company’s tablet PCs from Ember Industries, Inc., a contract manufacturer. Thomas F. Leonardis, a member of the Board of Directors, is the Chief Executive Officer and the majority shareholder of Ember Industries. The Company purchased the components from Ember Industries pursuant to standard purchase orders at Ember Industries’ standard prices. The disinterested members of the Board of Directors reviewed, approved and ratified the Company’s purchase of component parts from Ember Industries on the described terms. As of June 30, 2016, the Company did not owe Ember Industries for purchases of such components.

9. SEGMENTED INFORMATION

9. SEGMENTED INFORMATION	3 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	9. SEGMENTED INFORMATION The Company operates in one segment, the sale of rugged mobile tablet PC systems. The United States accounted for approximately 70% and 78% of the Company’s total revenue for the three months ended June 30, 2016 and 2015, respectively. No other country accounted for more than 10% of the Company’s total revenue for the three months ended June 30, 2016 and 2015. The distribution of revenue by country is segmented as follows: Three Months Ended June 30, June 30, Revenue by country: United States $ 11,472 $ 18,671 Other 5,001 5,372 $ 16,473 $ 24,043 The Company has a variety of customers, and in any given year a single customer can account for a significant portion of sales. For the three months ended June 30, 2016, the Company had two customers located in the United States who accounted for more than 10% of total revenue. For the three months ended June 30, 2015, the Company had two customers located in the United States who accounted for more than 10% of total revenue. Three Months Ended Total Number of Customer June 30, 2016 $ 16.5 2 33 % June 30, 2015 $ 24.0 2 30 % At June 30, 2016, the Company had two customers that accounted for more than 10% of the outstanding net receivables. Three Months Ended Accounts Number of Customer June 30, 2016 $ 10.0 2 39 % The Company currently relies on four suppliers for the majority of its finished goods and engineering services related to product development, as compared to two in the prior year. At June 30, 2016 and 2015, the Company owed these suppliers $6,095 and $10,635, respectively, which is recorded in accounts payable and accrued liabilities. Substantially all of the Company’s capital assets are owned by its wholly-owned subsidiary, Xplore Technologies Corporation of America, a Delaware corporation. No more than 10% of the Company’s assets were located in any country, other than the United States, during each of the three months ended June 30, 2016 and 2015.

10. COMMITMENTS AND CONTINGENT

10. COMMITMENTS AND CONTINGENT LIABILITIES	3 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	10. COMMITMENTS AND CONTINGENT LIABILITIES a) Premises The Company maintains its corporate functions, along with sales support, marketing and finance at a leased facility totaling approximately 16,228 square feet at 8601 Ranch Road 2222, Building II, Austin, Texas 78730. This lease expires on June 30, 2020 and has a current annual base rent, before reimbursable operating expenses, of approximately $235,000. The Company maintains its engineering and operating groups at a leased facility totaling 21,700 square feet at 14000 Summit Drive, Suite 900, Austin, Texas, 78728. This lease expires on August 31, 2019, and has a current annual base rent, before reimbursable operating expenses, of approximately $228,000. As a result of the Motion Acquisition, during fiscal year 2016 the Company occupied, with the consent of the landlord, a portion of Motion’s former leased facility at 8601 RR 2222, Building II, Austin, Texas, where Motion maintained its corporate functions, along with sales support, marketing, finance, engineering and operating groups. The Company did not assume Motion’s lease for the facility, and in fiscal year 2016 negotiated the terms of a new lease with the landlord as described above for a portion of Motion’s former space. The Company believes that its present facilities are suitable for its existing and planned operations. Rent expense for the three months ended June 30, 2016 and 2015, was $182 and $206, respectively. Minimum annual payments by fiscal year required under all of the Company’s operating leases are: 2017 $ 563 2018 753 2019 767 2020 504 $ 2,587 b) Purchase commitment At June 30, 2016, the Company had purchase obligations for fiscal 2017 of approximately $13,841 related to inventory and product development items. c) Litigation The Company and its subsidiaries are involved in various claims and legal actions arising in the ordinary course of business. None of these actions, individually or in the aggregate, are expected to have a material adverse effect on the Company’s consolidated financial position or results of operations.

11. SUBSEQUENT EVENTS

11. SUBSEQUENT EVENTS	3 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	11. SUBSEQUENT EVENTS On July 1, 2016, the Board of Directors, declared a dividend of one right (a “Right”) for each of the Company’s issued and outstanding shares of common stock. The dividend was paid to the stockholders of record at the close of business on July 15, 2016. Each Right entitles the registered holder, subject to the terms of the Rights Agreement (as defined below), to purchase from the Company one one-thousandth of a share of the Company’s Series E Participating Preferred Stock (the “Preferred Stock”) at a price of $14.40 (the “Exercise Price”), subject to certain adjustments. The description and terms of the Rights are set forth in the Rights Agreement dated as of July 15, 2016 (the “ The Rights will not be exercisable until the earlier to occur of (i) the close of business on the tenth business day after a public announcement or filing that a person has, or group of affiliated or associated persons or persons acting in concert have, become an “Acquiring Person,” which is defined as a person or group of affiliated or associated persons or persons acting in concert who, at any time after the date of the Rights Agreement, have acquired, or obtained the right to acquire, beneficial ownership of 4.99% or more of the Company’s outstanding shares of common stock, subject to certain exceptions or (ii) the close of business on the tenth business day after the commencement of, or announcement of an intention to commence, a tender offer or exchange offer the consummation of which would result in any person becoming an Acquiring Person (the earlier of such dates being called the “Distribution Date”). The Rights, which are not exercisable until the Distribution Date, will expire prior to the earliest of (i) July 1, 2019 or such later day as may be established by the Board of Directors prior to the expiration of the Rights, provided that the extension is submitted to the Company’s stockholders for ratification at the next annual meeting of stockholders of the Company. Each share of Preferred Stock will be entitled, when, as and if declared, to a preferential per share quarterly dividend payment equal to the greater of (i) $1.00 per share or (ii) an amount equal to 1,000 times the dividend declared per share of common stock. Each share of Preferred Stock will entitle the holder thereof to 1,000 votes on all matters submitted to a vote of the stockholders of the Company. In the event of any merger, consolidation or other transaction in which shares of common stock are converted or exchanged, each share of Preferred Stock will be entitled to receive 1,000 times the amount received per one share of common stock. The Exercise Price payable, and the number of shares of Preferred Stock or other securities or property issuable, upon exercise of the Rights are subject to adjustment from time to time to prevent dilution (i) in the event of a stock dividend on, or a subdivision, combination or reclassification of the Preferred Stock, (ii) upon the grant to holders of the Preferred Stock of certain rights or warrants to subscribe for or purchase Preferred Stock or convertible securities at less than the then-current market price of the Preferred Stock or (iii) upon the distribution to holders of the Preferred Stock of evidences of indebtedness or assets (excluding regular periodic cash dividends or dividends payable in Preferred Stock) or of subscription rights or warrants (other than those referred to above). The number of outstanding Rights and the number of one one-thousandths of a Preferred Stock issuable upon exercise of each Right are also subject to adjustment in the event of a stock split, reverse stock split, stock dividends and other similar transactions. In the event that, after a person or a group of affiliated or associated persons has become an Acquiring Person, the Company is acquired in a merger or other business combination transaction, or 50% or more of the Company’s assets or earning power are sold, proper provision will be made so that each holder of a Right will thereafter have the right to receive, upon the exercise thereof at the then-current exercise price of the Right, that number of shares of common stock of the acquiring company having a market value at the time of that transaction equal to two times the Exercise Price. With certain exceptions, no adjustment in the Exercise Price will be required unless such adjustment would require an increase or decrease of at least one percent in the Exercise Price. No fractional shares of Preferred Stock will be issued (other than fractions which are integral multiples of one one-thousandth of a share of Preferred Stock, which may, at the election of the Company, be evidenced by depositary receipts) and, in lieu thereof, an adjustment in cash will be made based on the market price of the Preferred Stock on the trading day immediately prior to the date of exercise. At any time after any person or group of affiliated or associated persons becomes an Acquiring Person and prior to the acquisition of beneficial ownership by such Acquiring Person of 50% or more of the outstanding shares of common stock, the Board of Directors, at its option, may exchange each Right (other than Rights owned by such person or group of affiliated or associated persons which will have become void), in whole or in part, at an exchange ratio of two shares of common stock per outstanding Right (subject to adjustment). At any time before any person or group of affiliated or associated persons becomes an Acquiring Person, the Board of Directors may redeem the Rights in whole, but not in part, at a price of $0.001 per Right (subject to certain adjustments). The redemption of the Rights may be made effective at such time, on such basis and with such conditions as the Board of Directors in its sole discretion may establish. The Board of Directors may amend or supplement the Rights Agreement without the approval of any holders of Rights, including, without limitation, in order to (a) cure any ambiguity, (b) correct inconsistent provisions, (c) alter time period provisions or (d) make additional changes to the Rights Agreement that the Board of Directors deems necessary or desirable. However, from and after any person or group of affiliated or associated persons becomes an Acquiring Person, the Rights Agreement may not be supplemented or amended in any manner that would adversely affect the interests of the holders of Rights.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of consolidation and presentation The consolidated financial statements include the accounts of the Company and its wholly‑owned subsidiaries, Xplore Technologies Corporation of America and Xplore Technologies International Corp. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. These estimates and assumptions are affected by management’s application of accounting policies. Estimates are deemed critical when a different estimate could have reasonably been used or where changes in the estimates are reasonably likely to occur from period to period, and would materially impact the Company’s financial condition, changes in financial condition or results of operations. On an ongoing basis, the Company evaluates the estimates, including those related to its revenue recognition, allowance for doubtful accounts, inventory valuation, warranty reserves, tooling amortization, financial instruments, stock‑based compensation and income taxes. The estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from management’s estimates and assumptions.
Business Combinations Policy [Policy Text Block]	Motion Acquisition On April 16, 2015, Xplore Technologies Corporation of America, a wholly-owned subsidiary of the Company, entered into a Foreclosure Purchase and Sale Agreement (the “Purchase and Sale Agreement”) with Motion Computing, Inc., Motion Computing Pty, Ltd., Motion Computing Holding Company, Inc. (collectively “Motion”) and Square 1 Bank, Motion’s senior secured lender (“Square 1”), pursuant to which the Company’s subsidiary agreed to purchase certain of the assets of Motion, including cash, cash equivalents, accounts receivable, inventory, equipment, personal property and other assets of Motion for an aggregate purchase price of approximately $9 million in cash, plus the assumption of approximately $6 million in certain liabilities, net of current assets, subject to the terms and conditions thereof (the “Motion Acquisition”). The assumed liabilities include certain accounts payable and obligations for service contracts and product warranties. The closing of the Motion Acquisition occurred on April 17, 2015. The Motion Acquisition was accounted for under the acquisition method of accounting in accordance with the provisions of FASB ASC Topic No. 805 Business Combinations (ASC 805). The total purchase price for the Motion assets was approximately $9 million and was comprised of cash consideration paid by the Company to Square 1. Under the acquisition method of accounting under ASC 805, the total estimated purchase price of the acquired company is allocated to the assets acquired and the liabilities assumed based on their fair values. The Company has made significant estimates and assumptions in determining the preliminary allocation of the purchase price. The preliminary allocation of purchase consideration is subject to change based on further review of the fair value of the assets acquired and liabilities assumed. The following table is the final allocation of the purchase price (in thousands, except years): Fair Value Weighted Average Estimated Useful Life (In Years) Cash and cash equivalents $ 653 Accounts receivable 7,383 Inventory 6,101 Other assets 7 Fixed assets 470 3 Goodwill 15,159 Identifiable intangible assets 2,130 6 Accounts payable and accrued liabilities (14,092 ) Deferred revenue (8,732 ) Total purchase price $ 9,079 Goodwill represents the excess of the fair value of consideration given over the fair value of the tangible assets, identifiable intangible assets and liabilities assumed in a business combination and the potential synergy of combining the operations of the Company and Motion. The Company expects the entire amount of goodwill recorded in this acquisition will be deducted for tax purposes ratably over a 15 year period. The identified intangible assets consist of trademarks, copyrights, and developed technology, including patents. The estimated fair values of the trademark, copyrights and developed technology were determined using the “Relief from Royalty” method. Trademark, developed technology, non-compete and customer relationship will be amortized on a straight-line basis over their estimated useful lives. The Company expects the amortization of acquired intangibles will be approximately $400 per year for the remaining estimated useful lives.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill and other intangible assets Goodwill represents the excess purchase price over the fair value of identifiable assets received attributable to business acquisitions and combinations. Goodwill and other intangible assets are measured for impairment at least annually and/or whenever events and circumstances arise that indicate impairment may exist, such as a significant adverse change in the business climate. In assessing the value of goodwill, assets and liabilities are assigned to the reporting units and the appropriate valuation methodologies are used to determine fair value at the reporting unit level. Identified intangible assets are amortized using the straight-line method over their estimated useful lives which are estimated to be between three and seven years
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-lived asset impairment Long-lived assets include property and equipment and definite-lived intangible assets. Definite-lived intangible assets consist of customer relationships, trade names and non-compete agreements. Long-lived assets are measured for impairment at least annually and/or whenever events and circumstances arise that indicate that the carrying value of the assets may not be recoverable.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and cash equivalents and liquidity At June 30, 2016, the Company had cash and cash equivalents of approximately $4,418, working capital of approximately $15,820 and total equity of approximately $29,616. The Company’s management believes that it has adequate cash and cash equivalents on hand and projected cash flow from operations to finance its operations for at least 12 months.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Transactions The Company does enter into transactions that are settled in a foreign currency. The transactions are recorded in U.S. dollars based on the exchange rate in effect at the time a transaction is initiated. When a transaction is settled, the foreign currency received to settle the transaction is converted to U.S. dollars based on the exchange rate in effect at the time of settlement. A realized foreign currency exchange gain or loss is recorded based on the difference in the exchange rate in effect when a transaction is initiated, and the exchange rate in effect when a transaction is settled. For the three months ended June 30, 2016 and 2015 the Company reported a loss in foreign currency transactions of $83 and a gain in foreign currency transactions of $76, respectively.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board ("FASB") amended the existing accounting standards for employee share-based payment arrangements. The amendments require all excess tax benefits and tax deficiencies associated with share-based payments to be recognized as income tax expense or income tax benefit, respectively, rather than as additional paid-in capital. The amendments also increase the amount an employer can withhold in order to cover income taxes on awards, allows companies to recognize forfeitures of awards as they occur, and requires companies to present excess tax benefits from stock-based compensation as an operating activity in the statement of cash flows rather than as a financing activity. The Company is required to adopt the guidance in the first quarter of fiscal 2018. Early adoption is permitted. The Company is currently evaluating the timing and the impact of these amendments on its Condensed Consolidated and Combined Financial Statements. In February 2016, the FASB amended the existing accounting standards for leases. The amendments require lessees to record, at lease inception, a lease liability for the obligation to make lease payments and a right-of-use ("ROU") asset for the right to use the underlying asset for the lease term on their balance sheets. Lessees may elect to not recognize lease liabilities and ROU assets for most leases with terms of 12 months or less. The lease liability is measured at the present value of the lease payments over the lease term. The ROU asset will be based on the liability, adjusted for lease prepayments, lease incentives received, and the lessee's initial direct costs. For finance leases, lease expense will be the sum of interest on the lease obligation and amortization of the ROU asset, resulting in a front-loaded expense pattern. For operating leases, lease expense will generally be recognized on a straight-line basis. The amended lessor accounting model is similar to the current model, updated to align with certain changes to the lessee model and the new revenue standard. The current sale-leaseback guidance, including guidance applicable to real estate, is also replaced with a new model for both lessees and lessors. The Company is required to adopt the guidance in the first quarter of fiscal 2020 using a modified retrospective approach. Early adoption is permitted. The Company is currently evaluating the timing and the impact of these amendments on its Condensed Consolidated and Combined Financial Statements.

2. SIGNIFICANT ACCOUNTING POL18

2. SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The following table is the final allocation of the purchase price (in thousands, except years): Fair Value Weighted Average Estimated Useful Life (In Years) Cash and cash equivalents $ 653 Accounts receivable 7,383 Inventory 6,101 Other assets 7 Fixed assets 470 3 Goodwill 15,159 Identifiable intangible assets 2,130 6 Accounts payable and accrued liabilities (14,092 ) Deferred revenue (8,732 ) Total purchase price $ 9,079

3. INVENTORY (Tables)

3. INVENTORY (Tables)	3 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	June 30, 2016 March 31, 2016 Finished goods $ 12,246 $ 9,145 Computer components 8,884 5,713 Total inventory $ 21,130 $ 14,858

4. LOSS PER SHARE (Tables)

4. LOSS PER SHARE (Tables)	3 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	The following securities were not considered in the loss per share calculations for the three months ended: June 30, June 30, Warrants 100,000 120,000 Options 1,912,125 2,032,826 2,012,125 2,153,826

6. SHARE CAPITAL (Tables)

6. SHARE CAPITAL (Tables)	3 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	At June 30, 2016, there were warrants to purchase an aggregate of 100,000 shares of common stock outstanding, all of which are fully exercisable, as detailed in the table below: Number of Exercisable Warrants Exercise Price (1) Expiration Date 100,000 $ 6.25 October 24, 2017 (1) Exercise price may change subject to anti-dilutive terms.

7. STOCK-BASED COMPENSATION P22

7. STOCK-BASED COMPENSATION PLAN (Tables)	3 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the activity in the Stock Plan during the three months ended June 30, 2016 was as follows: Three months ended June 30, 2016 Options Weighted Outstanding at March 31, 2016 1,915,458 $ 5.40 Granted — — Exercised — — Forfeited (3,333 ) 3.44 Outstanding at end of period 1,912,125 $ 5.41
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	A summary of the options outstanding and exercisable at June 30, 2016 was as follows: Options Outstanding and Expected to Vest Options Exercisable Range of Exercise Prices Number Outstanding Weighted Average Number Exercisable Weighted Average $ 3.44— 4.99 303,404 2.2 191,742 2.2 $ 5.00— 7.50 1,603,721 4.8 1,185,125 4.9 $ 7.51— 20.00 5,000 0.5 5,000 0.5 1,912,125 4.4 1,381,867 4.5
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block]	The Board of Directors approved an employee stock purchase plan that was implemented on January 1, 2009 and approved by the Company’s stockholders on November 4, 2009 (the “ESPP”). The offering price per common share and number of common shares purchased for the periods ended June 30, 2016 and 2015 are as follows: Three Months Ended June 30, 2016 2015 Offering Price per Common Share $ 2.28 $ 6.03 Common Shares Purchased 18,187 9,749

9. SEGMENTED INFORMATION (Table

9. SEGMENTED INFORMATION (Tables)	3 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	The distribution of revenue by country is segmented as follows: Three Months Ended June 30, June 30, Revenue by country: United States $ 11,472 $ 18,671 Other 5,001 5,372 $ 16,473 $ 24,043
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]	Three Months Ended Total Number of Customer June 30, 2016 $ 16.5 2 33 % June 30, 2015 $ 24.0 2 30 % Three Months Ended Accounts Number of Customer June 30, 2016 $ 10.0 2 39 %

10. COMMITMENTS AND CONTINGEN24

10. COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	3 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Minimum annual payments by fiscal year required under all of the Company’s operating leases are: 2017 $ 563 2018 753 2019 767 2020 504 $ 2,587

2. SIGNIFICANT ACCOUNTING POL25

2. SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	Apr. 16, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016	Mar. 31, 2015
2. SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Cash and Cash Equivalents, at Carrying Value		$ 4,418	$ 11,017	$ 5,594	$ 19,455
Working Capital		15,820
Stockholders' Equity Attributable to Parent		$ 29,616		$ 31,188
Number of Months of Adequate Cash On Hand And Cash Flow From Operations To Finance Its Operations		12 months
Foreign Currency Transaction Gain (Loss), Realized		$ 83	$ 76
Motion [Member]
2. SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Payments to Acquire Businesses, Gross	$ 9,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	$ 6,000
Business Acquisition Goodwill Expected Tax Deductible Amount Period, It Will Be Deducted	15 years
Business Combination Expected Amortization Per Year of Acquired Intangibles	$ 400
Minimum [Member]
2. SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Finite-Lived Intangible Asset, Useful Life		3 years
Maximum [Member]
2. SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Finite-Lived Intangible Asset, Useful Life		7 years

2. SIGNIFICANT ACCOUNTING POL26

2. SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed - USD ($) $ in Thousands	Apr. 16, 2016	Jun. 30, 2016	Mar. 31, 2016
2. SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Line Items]
Goodwill		$ 15,159	$ 14,872
Motion [Member]
2. SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Line Items]
Cash and cash equivalents	$ 653
Accounts receivable	7,383
Inventory	6,101
Other assets	7
Fixed assets	$ 470
Fixed assets	3 years
Goodwill	$ 15,159
Identifiable intangible assets	$ 2,130
Identifiable intangible assets	6 years
Accounts payable and accrued liabilities	$ (14,092)
Deferred revenue	(8,732)
Total purchase price	$ 9,079

3. INVENTORY (Details) - Schedu

3. INVENTORY (Details) - Schedule of Inventory, Current - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016
Schedule of Inventory, Current [Abstract]
Finished goods	$ 12,246	$ 9,145
Computer components	8,884	5,713
Total inventory	$ 21,130	$ 14,858

4. LOSS PER SHARE (Details) - S

4. LOSS PER SHARE (Details) - Schedule of Antidilutive Securities Excluded from computation of Earnings Per Share - shares	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,012,125	2,153,826
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	100,000	120,000
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,912,125	2,032,826

5. SHORT-TERM INDEBTEDNESS (Det

5. SHORT-TERM INDEBTEDNESS (Details) - Revolving Credit Facility [Member] - Square 1 [Member] - USD ($)	Apr. 17, 2015	Jun. 30, 2016
5. SHORT-TERM INDEBTEDNESS (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,000,000
Line of Credit Facility, Expiration Period	2 years
Minimum Required Amount of Undrawn Portion of The Loans Plus All Non-Restricted Cash and Cash Equivalents	$ 3,000,000
Long-term Line of Credit		$ 6,124,000
Prime Rate [Member]
5. SHORT-TERM INDEBTEDNESS (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Minimum [Member]
5. SHORT-TERM INDEBTEDNESS (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.50%
Formula Revolving Loans [Member]
5. SHORT-TERM INDEBTEDNESS (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000,000
Line of Credit Facility, Maximum Borrowing Capacity Percentage of Eligible Accounts Receivable	85.00%
Non-formula Revolving Loans [Member]
5. SHORT-TERM INDEBTEDNESS (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,080,000
Line of Credit Facility Maximum Borrowing Capacity Quarterly Decreasing Amount	$ 480

6. SHARE CAPITAL (Details)

6. SHARE CAPITAL (Details) - shares	Jun. 30, 2016	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Common Stock, Shares Authorized	15,000,000	15,000,000
Preferred Stock, Shares Authorized	5,000,000	0
Class of Warrant or Right, Outstanding	100,000

6. SHARE CAPITAL (Details) - Sc

6. SHARE CAPITAL (Details) - Schedule of Stockholders' Equity Note, Warrants or Rights - Warrants Exercise Price $6.25 [Member]	3 Months Ended
	Jun. 30, 2016$ / sharesshares
Class of Warrant or Right [Line Items]
| shares	100,000
| $ / shares	$ 6.25	[1]
	Oct. 24, 2017
[1]	Exercise price may change subject to anti-dilutive terms.

7. STOCK-BASED COMPENSATION P32

7. STOCK-BASED COMPENSATION PLAN (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		83 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Mar. 24, 2016
7. STOCK-BASED COMPENSATION PLAN (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized				3,000,000
The 2009 Stock Plan [Member]
7. STOCK-BASED COMPENSATION PLAN (Details) [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross			4,268
Employee Stock Option [Member] | The 2009 Stock Plan [Member]
7. STOCK-BASED COMPENSATION PLAN (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	0		171,927
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 5.41		$ 5.41
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights	vest over a three-year period in equal annual amounts
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	5 years
Allocated Share-based Compensation Expense	$ 175	$ 607
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 813		$ 813
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	3 years

7. STOCK-BASED COMPENSATION P33

7. STOCK-BASED COMPENSATION PLAN (Details) - Schedule of Share-based Compensation, Stock Options, Activity - Employee Stock Option [Member] - The 2009 Stock Plan [Member] - $ / shares	3 Months Ended	83 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
7. STOCK-BASED COMPENSATION PLAN (Details) - Schedule of Share-based Compensation, Stock Options, Activity [Line Items]
Outstanding at March 31, 2016	1,915,458
Outstanding at March 31, 2016	$ 5.40
Granted	0
Granted	$ 0
Exercised	0	(171,927)
Exercised	$ 0
Forfeited	(3,333)
Forfeited	$ 3.44
Outstanding at end of period	1,912,125	1,912,125
Outstanding at end of period	$ 5.41	$ 5.41

7. STOCK-BASED COMPENSATION P34

7. STOCK-BASED COMPENSATION PLAN (Details) - Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range	3 Months Ended
	Jun. 30, 2016$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding and Expected to Vest, Number Outstanding	1,912,125
Options Outstanding and Expected to Vest, Weighted Average Remaining Contractual Life	4 years 146 days
Options Exercisable, Number Exercisable	1,381,867
Options Exercisable, Weighted Average Remaining Contractual Life	4 years 6 months
Option Range of Exercise Prices, $3.44 - $4.99 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Limit | $ / shares	$ 3.44
Exercise Price Range, Upper Limit | $ / shares	$ 4.99
Options Outstanding and Expected to Vest, Number Outstanding	303,404
Options Outstanding and Expected to Vest, Weighted Average Remaining Contractual Life	2 years 73 days
Options Exercisable, Number Exercisable	191,742
Options Exercisable, Weighted Average Remaining Contractual Life	2 years 73 days
Option Range of Exercise Prices, $5.00 - $7.50 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Limit | $ / shares	$ 5
Exercise Price Range, Upper Limit | $ / shares	$ 7.50
Options Outstanding and Expected to Vest, Number Outstanding	1,603,721
Options Outstanding and Expected to Vest, Weighted Average Remaining Contractual Life	4 years 292 days
Options Exercisable, Number Exercisable	1,185,125
Options Exercisable, Weighted Average Remaining Contractual Life	4 years 328 days
Option Range of Exercise Prices, $7.51 - 20.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Limit | $ / shares	$ 7.51
Exercise Price Range, Upper Limit | $ / shares	$ 20
Options Outstanding and Expected to Vest, Number Outstanding	5,000
Options Outstanding and Expected to Vest, Weighted Average Remaining Contractual Life	6 months
Options Exercisable, Number Exercisable	5,000
Options Exercisable, Weighted Average Remaining Contractual Life	6 months

7. STOCK-BASED COMPENSATION P35

7. STOCK-BASED COMPENSATION PLAN (Details) - Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity - $ / shares shares in Thousands	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Abstract]
Offering Price per Common Share	$ 2.28	$ 6.03
Common Shares Purchased	18,187	9,749

8. RELATED PARTY TRANSACTIONS (

8. RELATED PARTY TRANSACTIONS (Details) - USD ($)	Apr. 07, 2016	Mar. 13, 2015	Jun. 30, 2016	Jun. 30, 2015
Certain Officers and Each Member of the Board of Directors [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	240,374
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share)	$ 6.38
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights	The options vest on the first anniversary of the Motion Acquisition
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	7 years 6 months
Chief Executive Officer [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	87,437
Director [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	27,937
Director [Member] | Quarterly Director Fee to Each Member Prior to June 15, 2016 [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Amounts of Transaction			$ 2,500
Director [Member] | Quarterly Committe Fee to Each Member Prior to June 15, 2016 [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Amounts of Transaction			1
Director [Member] | Quarterly Director Fee to Each Member After to June 15, 2016 [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Amounts of Transaction			6
Director [Member] | Quarterly Committee Fee to Each Member After to June 15, 2016 [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Amounts of Transaction			2
Director [Member] | Quarterly Director and Committee Fees [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party			48,000	$ 21,000
Each of the Other Members of the Board of Directors, Other than Mr. Misemer [Member] | Annual Fee for Services [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party		$ 287.5
Affiliated Entity [Member]
8. RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party			72	72
Related Party Transaction, Purchases from Related Party			$ 1	$ 46

9. SEGMENTED INFORMATION (Detai

9. SEGMENTED INFORMATION (Details) $ in Thousands	3 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
9. SEGMENTED INFORMATION (Details) [Line Items]
Number of Operating Segments	1
Geographic Concentration Risk [Member] | UNITED STATES
9. SEGMENTED INFORMATION (Details) [Line Items]
Concentration Risk, Percentage	70.00%	78.00%
Supplier Concentration Risk [Member]
9. SEGMENTED INFORMATION (Details) [Line Items]
Accounts Payable and Accrued Liabilities (in Dollars)	$ 6,095	$ 10,635

9. SEGMENTED INFORMATION (Det38

9. SEGMENTED INFORMATION (Details) - Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Revenue by country:
Revenue	$ 16,473	$ 24,043
UNITED STATES
Revenue by country:
Revenue	11,472	18,671
Other Country [Member]
Revenue by country:
Revenue	$ 5,001	$ 5,372

9. SEGMENTED INFORMATION (Det39

9. SEGMENTED INFORMATION (Details) - Schedule of Revenue by Major Customers by Reporting Segments $ in Thousands	3 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2016USD ($)
Revenue, Major Customer [Line Items]
Total Revenue (in Dollars)	$ 16,473	$ 24,043
Accounts Receivable (in Dollars)	$ 9,992		$ 14,277
Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Revenue, Major Customer [Line Items]
Number of Customers with > 10% of Total	2	2
Customer Share as a Percent of Total	33.00%	30.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Revenue, Major Customer [Line Items]
Number of Customers with > 10% of Total	2
Customer Share as a Percent of Total	39.00%

10. COMMITMENTS AND CONTINGEN40

10. COMMITMENTS AND CONTINGENT LIABILITIES (Details)	3 Months Ended
	Jun. 30, 2016USD ($)ft²	Jun. 30, 2015USD ($)
10. COMMITMENTS AND CONTINGENT LIABILITIES (Details) [Line Items]
Operating Leases, Rent Expense	$ 182,000	$ 206,000
Purchase Obligation	$ 13,841,000
Leased Facility for Corporate Functions, Sales Support, Marketing and Finance [Member] | Building [Member]
10. COMMITMENTS AND CONTINGENT LIABILITIES (Details) [Line Items]
Area of Real Estate Property (in Square Feet) | ft²	16,228
Operating Leases, Rent Expense, Minimum Rentals	$ 235,000
Leased Facility for Engineering and Operating Groups [Member] | Building [Member]
10. COMMITMENTS AND CONTINGENT LIABILITIES (Details) [Line Items]
Area of Real Estate Property (in Square Feet) | ft²	21,700
Operating Leases, Rent Expense, Minimum Rentals	$ 228,000

10. COMMITMENTS AND CONTINGEN41

10. COMMITMENTS AND CONTINGENT LIABILITIES (Details) - Schedule of Future Minimum Rental Payments for Operating Leases $ in Thousands	Jun. 30, 2016USD ($)
Schedule of Future Minimum Rental Payments for Operating Leases [Abstract]
2,017	$ 563
2,018	753
2,019	767
2,020	504
	$ 2,587

11. SUBSEQUENT EVENTS (Details)

11. SUBSEQUENT EVENTS (Details) - Subsequent Event [Member]	Jul. 01, 2016$ / shares
11. SUBSEQUENT EVENTS (Details) [Line Items]
Dividends Payable, Date Declared	Jul. 1, 2016
Dividend Declared, Number of Rights	1
Dividends Payable, Date of Record	Jul. 15, 2016
Dividend Right, Description	Each Right entitles the registered holder, subject to the terms of the Rights Agreement (as defined below), to purchase from the Company one one-thousandth of a share of the Company’s Series E Participating Preferred Stock (the “Preferred Stock”) at a price of $14.40 (the “Exercise Price”), subject to certain adjustments.
Dividend Right, Exercise Price	$ 14.40
Dividend Right, Exercise Terms	The Rights will not be exercisable until the earlier to occur of (i) the close of business on the tenth business day after a public announcement or filing that a person has, or group of affiliated or associated persons or persons acting in concert have, become an “Acquiring Person,” which is defined as a person or group of affiliated or associated persons or persons acting in concert who, at any time after the date of the Rights Agreement, have acquired, or obtained the right to acquire, beneficial ownership of 4.99% or more of the Company’s outstanding shares of common stock, subject to certain exceptions or (ii) the close of business on the tenth business day after the commencement of, or announcement of an intention to commence, a tender offer or exchange offer the consummation of which would result in any person becoming an Acquiring Person (the earlier of such dates being called the “Distribution Date”).
Dividend Right, Expiration Date	Jul. 1, 2019
Preferred Stock, Dividend Payment Terms	greater of (i) $1.00 per share or (ii) an amount equal to 1,000 times the dividend declared per share of common stock
Preferred Stock, Voting Rights	Each share of Preferred Stock will entitle the holder thereof to 1,000 votes on all matters submitted to a vote of the stockholders of the Company. In the event of any merger, consolidation or other transaction in which shares of common stock are converted or exchanged, each share of Preferred Stock will be entitled to receive 1,000 times the amount received per one share of common stock.
Dividend Right, Change in Control or Sale of Assets Provision, Description	In the event that, after a person or a group of affiliated or associated persons has become an Acquiring Person, the Company is acquired in a merger or other business combination transaction, or 50% or more of the Company’s assets or earning power are sold, proper provision will be made so that each holder of a Right will thereafter have the right to receive, upon the exercise thereof at the then-current exercise price of the Right, that number of shares of common stock of the acquiring company having a market value at the time of that transaction equal to two times the Exercise Price.
Dividend Right, Exchange Rate Terms	At any time after any person or group of affiliated or associated persons becomes an Acquiring Person and prior to the acquisition of beneficial ownership by such Acquiring Person of 50% or more of the outstanding shares of common stock, the Board of Directors, at its option, may exchange each Right (other than Rights owned by such person or group of affiliated or associated persons which will have become void), in whole or in part, at an exchange ratio of two shares of common stock per outstanding Right (subject to adjustment).
Preferred Stock, Redemption Price Per Share	$ 0.001