Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.3.0.814
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
Current assets    
Cash and cash equivalents $ 4,582 $ 7,069
Restricted cash 0 200
Accounts receivable, net of allowances of $701 and $698, respectively 14,484 12,174
Deposits 110 109
Deferred financing costs 187 0
Prepaid expenses and other current assets 397 640
Total current assets 19,760 20,192
Property and equipment, net 1,158 614
Deferred tax assets 82 82
Intangible assets, net 18,152 24,936
Goodwill 76,621 76,747
TOTAL ASSETS 115,773 122,571
Current liabilities    
Accounts payable 13,169 8,118
Accrued license fees and revenue share 9,169 6,833
Accrued compensation 1,587 2,184
Current portion of long-term debt 3,300 3,600
Deferred tax liabilities 407 217
Other current liabilities 2,209 3,000
Total current liabilities 29,841 23,952
Long-term debt, net of discounts of $674 and $910, respectively 7,326 7,090
Total liabilities 37,167 31,042
Stockholders' equity    
Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares authorized, 100,000 issued and outstanding (liquidation preference of $1,000) 100 100
Common stock, $0.0001 par value: 200,000,000 shares authorized; 58,065,566 issued and 57,331,110 outstanding at September 30, 2015; 57,917,565 issued and 57,162,967 outstanding at March 31, 2015; 7 7
Additional paid-in capital 279,956 276,500
Treasury stock (754,599 shares at September 30, 2015 and March 31, 2015) (71) (71)
Accumulated other comprehensive income / (loss) 10 (52)
Accumulated deficit (201,396) (184,955)
Total stockholders' equity 78,606 91,529
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 115,773 $ 122,571