Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities    
Net loss $ (22,204) $ (15,294)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 8,606 1,168
Change in allowance for doubtful accounts 26 0
Amortization of debt discount 355 0
Accrued interest (14) 0
Stock-based compensation 3,805 2,975
Stock-based compensation related to restricted stock for services rendered 723 369
Stock issued for settlement of liability 283 0
Adjustment to goodwill for purchase price allocation of DTM 126 0
(Increase)/decrease in assets:    
Restricted cash transferred to operating cash 200 0
Accounts receivable (4,595) (443)
Deposits (69) (73)
Deferred tax assets 0 3,210
Deferred financing costs (174) 0
Prepaid expenses and other current assets 40 (16)
Increase/(decrease) in liabilities:    
Accounts payable 5,602 438
Accrued license fees and revenue share 3,336 507
Accrued compensation (837) 202
Other liabilities and other items (700) (1,748)
Net cash used in operating activities (5,491) (8,705)
Cash flows from investing activities    
Purchase and disposal of property and equipment, net (976) 67
Settlement of contingent liability 0 (49)
Cash used in acquisition of assets 0 (2,125)
Net cash from investment in Sift 875 0
Net cash used in investing activities (101) (2,107)
Cash flows from financing activities    
Repayment of debt obligations (450) 0
Stock Issued for cash in stock offering, net 12,627 0
Options exercised 51 0
Warrant exercised 0 375
Net cash provided by financing activities 12,228 375
Effect of exchange rate changes on cash and cash equivalents (26) 16
Net change in cash and cash equivalents 6,610 (10,421)
Cash and cash equivalents, beginning of period 7,069 21,805
Cash and cash equivalents, end of period $ 13,679 $ 11,384