Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v2.4.1.9
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