Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.5.0.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net revenues $ 22,832 $ 20,734 $ 46,871 $ 39,420
Cost of revenues        
License fees and revenue share 17,797 16,099 37,021 30,320
Other direct cost of revenues 1,882 4,558 3,762 6,749
Total cost of revenues 19,679 20,657 40,783 37,069
Gross profit 3,153 77 6,088 2,351
Operating expenses        
Product development 3,117 2,406 5,952 5,160
Sales and marketing 1,528 1,468 2,972 2,750
General and administrative 4,815 4,347 9,920 9,736
Total operating expenses 9,460 8,221 18,844 17,646
Loss from operations (6,307) (8,144) (12,756) (15,295)
Interest and other expense, net        
Interest expense, net (622) (405) (1,304) (896)
Foreign exchange transaction loss (1) (13) (4) (12)
Change in fair value of convertible note embedded derivative liability (430) 0 (430) 0
Change in fair value of warrant liability (140) 0 (140) 0
Loss on extinguishment of debt (293) 0 (293) 0
Loss on disposal of fixed assets 0 0 0 (23)
Other income 15 11 33 28
Total interest and other expense, net (1,471) (407) (2,138) (903)
Loss from operations before income taxes (7,778) (8,551) (14,894) (16,198)
Income tax provision / (benefit) (437) (229) (141) 243
Net loss (7,341) (8,322) (14,753) (16,441)
Other comprehensive income / (loss)        
Foreign currency translation adjustment (80) 111 (53) 62
Comprehensive loss $ (7,421) $ (8,211) $ (14,806) $ (16,379)
Basic and diluted net loss per common share (in usd per share) $ (0.11) $ (0.14) $ (0.22) $ (0.29)
Weighted average common shares outstanding, basic and diluted (shares) 66,457 57,274 66,358 57,328