Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities    
Net loss $ (17,339) $ (22,204)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,325 8,606
Loss on disposal of fixed assets 0 31
Change in allowance for doubtful accounts 130 26
Amortization of debt discount 450 355
Amortization of debt issuance costs 519 0
Accrued interest 297 (14)
Stock-based compensation 3,335 3,805
Stock-based compensation for services rendered 276 723
Change in fair value of convertible note embedded derivative liability (2,423) 0
Change in fair value of warrant liability (797) 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 (323) 200
Accounts receivable (1,877) (4,595)
Deposits 83 (69)
Deferred tax assets 212 0
Deferred financing costs 0 (174)
Prepaid expenses and other current assets 30 40
Increase / (decrease) in liabilities:    
Accounts payable 4,509 5,728
Accrued license fees and revenue share (712) 3,336
Accrued compensation (241) (837)
Other current liabilities (818) (700)
Other non-current liabilities 283 0
Net cash used in operating activities (7,788) (5,460)
Cash flows from investing activities    
Capital expenditures (1,381) (1,007)
Proceeds from sale of cost method investment in Sift 999 0
Net cash proceeds from cost method investment in Sift 0 875
Net cash used in investing activities (382) (132)
Cash flows from financing activities    
Cash received from issuance of convertible notes 16,000 0
Repayment of debt obligations (11,000) (450)
Payment of debt issuance costs (2,319) 0
Options exercised 11 51
Stock issued for cash in stock offering, net 0 12,627
Net cash provided in financing activities 2,692 12,228
Effect of exchange rate changes on cash and cash equivalents (48) (26)
Net change in cash and cash equivalents (5,526) 6,610
Cash and cash equivalents, beginning of period 11,231 7,069
Cash and cash equivalents, end of period $ 5,705 $ 13,679