Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net loss $ (8,119) $ (4,610)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,241 369
Change in allowance for doubtful accounts (131) 0
Amortization of debt discount 117 0
Accrued Interest 87 0
Stock-based compensation 1,294 818
Stock-based compensation for services rendered 327 76
Adjustment to goodwill for purchase price adjustment (54) 0
(Increase) / decrease in assets, net of effect of disposal of subsidiary:    
Accounts receivable (354) (4)
Deposits (5) (20)
Deferred tax assets 0 3,156
Prepaid expenses and other current assets 70 (39)
Increase / (decrease) in liabilities:    
Accounts payable 2,575 561
Accrued license fees and revenue share 963 (757)
Accrued compensation 76 201
Other liabilities and other items 554 (2,886)
Net cash used in operating activities (359) (3,135)
Cash flows from investing activities    
Purchase and disposal of property and equipment, net (318) (32)
Settlement of contingent liability 0 10
Net cash used in investing activities (318) (22)
Cash flows from financing activities    
Repayment of debt obligations (150) 0
Options exercised 10 0
Net cash used by financing activities (140) 0
Effect of exchange rate changes on cash and cash equivalents (72) 39
Net change in cash and cash equivalents (889) (3,118)
Cash and cash equivalents, beginning of period 7,069 21,805
Cash and cash equivalents, end of period $ 6,180 $ 18,687