Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Current assets        
Cash $ 6,149 $ 11,231 $ 7,069 $ 21,805
Restricted cash 331 0    
Accounts receivable, net of allowances of $597 and $464, respectively 16,554 17,519    
Deposits 121 213    
Prepaid expenses and other current assets 510 583    
Total current assets 23,665 29,546    
Property and equipment, net 2,377 1,784 614  
Cost method investment 0 999    
Deferred tax assets 352 500    
Intangible assets, net 4,565 12,490 24,936 9,074
Goodwill 76,621 76,621 76,747 4,837
TOTAL ASSETS 107,580 121,940    
Current liabilities        
Accounts payable 19,868 15,300    
Accrued license fees and revenue share 8,529 9,622    
Accrued compensation 1,073 1,353    
Short-term debt, net of debt issuance costs and discounts of $0 and $568, respectively 0 10,432    
Other current liabilities 1,304 2,147    
Total current liabilities 30,774 38,854    
Convertible notes, net of debt issuance costs and discounts of $6,315 and $0, respectively 9,685 0    
Other non-current liabilities 782 815    
Total liabilities 45,535 39,669    
Stockholders' equity        
Preferred stock 100 100    
Common stock 8 8    
Additional paid-in capital 299,580 295,423    
Treasury stock (754,599 shares at March 31, 2017 and 2016) (71) (71)    
Accumulated other comprehensive loss (321) (202)    
Accumulated deficit (237,251) (212,987)    
Total stockholders' equity 62,045 82,271 $ 91,529 $ 32,951
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 107,580 121,940    
Convertible note embedded derivative liability        
Current liabilities        
Derivative liability 3,218 0    
Warrant liability        
Current liabilities        
Derivative liability $ 1,076 $ 0