Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2016
Mar. 31, 2016
Current assets        
Cash $ 6,302 $ 6,149 $ 9,412 $ 11,231
Restricted cash 331 331    
Accounts receivable, net of allowances of $671 and $597, respectively 20,136 16,554    
Deposits 121 121    
Prepaid expenses and other current assets 582 510    
Total current assets 27,472 23,665    
Property and equipment, net 2,453 2,377    
Deferred tax assets 352 352    
Intangible assets, net 3,975 4,565    
Goodwill 76,621 76,621    
TOTAL ASSETS 110,873 107,580    
Current liabilities        
Accounts payable 20,263 19,868    
Accrued license fees and revenue share 9,952 8,529    
Accrued compensation 1,267 1,073    
Secured line of credit, net of debt issuance costs and discounts of $307 and $0, respectively 1,943 0    
Other current liabilities 1,773 1,304    
Total current liabilities 35,198 30,774    
Convertible notes, net of debt issuance costs and discounts of $5,975 and $6,315, respectively 10,025 9,685    
Other non-current liabilities 849 782    
Total liabilities 52,138 45,535    
Stockholders' equity        
Preferred stock 100 100    
Common stock 8 8    
Additional paid-in capital 300,453 299,580    
Treasury stock (754,599 shares at June 30 and March 31, 2017) (71) (71)    
Accumulated other comprehensive loss (329) (321)    
Accumulated deficit (241,426) (237,251)    
Total stockholders' equity 58,735 62,045    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 110,873 107,580    
Convertible note embedded derivative liability        
Current liabilities        
Derivative liability 4,526 3,218    
Warrant liability        
Current liabilities        
Derivative liability $ 1,540 $ 1,076