Consolidated Statements of Operations and Comprehensive Loss (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | |
---|---|---|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
Income Statement [Abstract] | ||
Net revenues | $ 28,252us-gaap_Revenues | $ 24,404us-gaap_Revenues |
Cost of revenues | ||
License fees and revenue share | 20,110us-gaap_LicenseCosts | 14,789us-gaap_LicenseCosts |
Other direct cost of revenues | 2,010us-gaap_CostOfGoodsAndServicesSoldAmortization | 1,769us-gaap_CostOfGoodsAndServicesSoldAmortization |
Total cost of revenues | 22,120us-gaap_CostOfRevenue | 16,558us-gaap_CostOfRevenue |
Gross profit | 6,132us-gaap_GrossProfit | 7,846us-gaap_GrossProfit |
Operating expenses | ||
Product development | 7,905us-gaap_ResearchAndDevelopmentExpense | 7,869us-gaap_ResearchAndDevelopmentExpense |
Sales and marketing | 2,933us-gaap_SellingAndMarketingExpense | 1,915us-gaap_SellingAndMarketingExpense |
General and administrative | 19,031us-gaap_GeneralAndAdministrativeExpense | 13,432us-gaap_GeneralAndAdministrativeExpense |
Impairment of intangible assets | 0us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill | 154us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill |
Total operating expenses | 29,869us-gaap_OperatingExpenses | 23,370us-gaap_OperatingExpenses |
Loss from operations | (23,737)us-gaap_OperatingIncomeLoss | (15,524)us-gaap_OperatingIncomeLoss |
Interest and other income / (expense), net | ||
Interest income / (expense) | (234)us-gaap_InterestIncomeExpenseNet | (1,407)us-gaap_InterestIncomeExpenseNet |
Foreign exchange transaction gain | 32us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | 33us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
Change in fair value of warrant derivative liabilities loss | (811)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet | |
Loss on extinguishment of debt | (442)us-gaap_GainsLossesOnExtinguishmentOfDebt | |
Gain / (loss) on settlement of debt | (9)apps_GainsLossesOnSettlementAndConversionOfDebt | 74apps_GainsLossesOnSettlementAndConversionOfDebt |
Gain on disposal of fixed assets | 2us-gaap_GainsLossesOnSalesOfAssets | |
Gain on change on valuation of long term contingent liability | 603us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 | |
Other expense | 46us-gaap_OtherNonoperatingIncomeExpense | |
Total interest and other income / (expense) | (163)us-gaap_NonoperatingIncomeExpense | (1,950)us-gaap_NonoperatingIncomeExpense |
Loss from operations before income taxes | (23,900)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | (17,474)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
Income tax provision / (benefit) | 747us-gaap_IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems | (272)us-gaap_IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems |
Net loss from continuing operations, net of taxes | (24,647)us-gaap_IncomeLossFromContinuingOperations | (17,202)us-gaap_IncomeLossFromContinuingOperations |
Loss from operations of discontinued component | (1,502)us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax | |
Net loss | (24,647)us-gaap_NetIncomeLoss | (18,704)us-gaap_NetIncomeLoss |
Other comprehensive income: | ||
Foreign currency translation adjustment | 147us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax | 67us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax |
Comprehensive loss: | $ (24,500)us-gaap_ComprehensiveIncomeNetOfTax | $ (18,637)us-gaap_ComprehensiveIncomeNetOfTax |
Basic and diluted net loss per common share | $ (0.63)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.68)us-gaap_EarningsPerShareBasicAndDiluted |
Continuing operations | $ (0.63)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare | $ (0.63)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare |
Discontinued operations | $ (0.05)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare | |
Net loss | $ (0.63)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.68)us-gaap_EarningsPerShareBasicAndDiluted |
Weighted average common shares outstanding, basic and diluted | 38,967us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 27,478us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
X | ||||||||||
- Definition
Gains (Losses) on Settlement And Conversion of Debt No definition available.
|
X | ||||||||||
- Definition
Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amortization of property, plant and equipment directly related to goods produced and sold and services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss), after tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
|
X | ||||||||||
- Definition
Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss) on sale or disposal of assets utilized in financial service operations. No definition available.
|
X | ||||||||||
- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of an intangible asset (excluding goodwill) to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
|
X | ||||||||||
- Definition
Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The sum of current income tax expense or benefit and deferred income tax expense or benefit pertaining to continuing operations, tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items, and tax effect of gains and losses from events or transactions meeting the criteria to be classified as an extraordinary item. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Costs incurred and are directly related to generating license revenue. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition
Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
|
X | ||||||||||
- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
|