Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net loss $ (14,753) $ (16,441)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,199 6,850
Loss on disposal of fixed assets 0 23
Change in allowance for doubtful accounts 7 3
Amortization of debt discount 237 236
Amortization of debt issuance costs 444 0
Accrued interest (91) (16)
Stock-based compensation 2,310 2,524
Stock-based compensation for services rendered 166 600
Change in fair value of convertible note embedded derivative liability 430 0
Change in fair value of derivative instruments 140 0
Loss on extinguishment of debt 293 0
Stock issued for settlement of liability 0 283
(Increase) / decrease in assets:    
Restricted cash transferred to / (from) operating cash (321) 200
Accounts receivable 35 (2,313)
Deposits 61 (1)
Deferred tax assets 99 0
Deferred financing costs 0 (187)
Prepaid expenses and other current assets 68 243
Increase / (decrease) in liabilities:    
Accounts payable 4,771 5,177
Accrued license fees and revenue share (1,009) 2,336
Accrued compensation (280) (597)
Other current liabilities (393) (585)
Other non-current liabilities 20 0
Net cash used in operating activities (3,567) (1,665)
Cash flows from investing activities    
Capital expenditures (1,115) (610)
Net cash used in investing activities (1,115) (610)
Cash flows from financing activities    
Cash received in convertible notes issuance 16,000 0
Repayment of debt obligations (11,000) (300)
Payment of debt issuance costs (2,091) 0
Options exercised 11 49
Net cash provided / (used) in financing activities 2,920 (251)
Effect of exchange rate changes on cash and cash equivalents (53) 39
Net change in cash and cash equivalents (1,815) (2,487)
Cash and cash equivalents, beginning of period 11,231 7,069
Cash and cash equivalents, end of period $ 9,416 $ 4,582