Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Mar. 31, 2017
Sep. 30, 2016
Sep. 28, 2016
Mar. 31, 2016
Current assets          
Cash $ 5,867 $ 6,149 $ 9,416   $ 11,231
Restricted cash 331 331      
Accounts receivable, net of allowances of $832 and $597, respectively 23,787 16,554      
Deposits 117 121      
Prepaid expenses and other current assets 444 510      
Total current assets 30,546 23,665      
Property and equipment, net 2,565 2,377      
Deferred tax assets 688 352      
Intangible assets, net 3,393 4,565      
Goodwill 76,621 76,621      
TOTAL ASSETS 113,813 107,580      
Current liabilities          
Accounts payable 23,277 19,868      
Accrued license fees and revenue share 10,442 8,529      
Accrued compensation 1,876 1,073      
Short-term debt, net of debt issuance costs of $290 and $0, respectively 2,210        
Other current liabilities 1,194 1,304      
Total current liabilities 38,999 30,774      
Convertible notes, net of debt issuance costs and discounts of $3,491 and $6,315, respectively 6,509 9,685      
Other non-current liabilities 241 782      
Total liabilities 53,569 45,535      
Stockholders' equity          
Preferred stock 100 100      
Common stock 10 8      
Additional paid-in capital 308,415 299,580      
Treasury stock (754,599 shares at September 30 and March 31, 2017) (71) (71)      
Accumulated other comprehensive loss (326) (321)      
Accumulated deficit (247,884) (237,251)      
Total stockholders' equity 60,244 62,045      
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 113,813 107,580      
Convertible note embedded derivative liability          
Current liabilities          
Derivative Liability 5,116 3,218   $ 3,693  
Convertible note embedded derivative liability | Level 3          
Current liabilities          
Derivative Liability   3,218   3,693  
Convertible note embedded derivative liability | Convertible note embedded derivative liability | Level 3          
Current liabilities          
Derivative Liability 5,116 3,218      
Warrant liability          
Current liabilities          
Derivative Liability 2,704 1,076   1,223  
Warrant liability | Level 3          
Current liabilities          
Derivative Liability   1,076   $ 1,223  
Warrant liability | Warrant liability | Level 3          
Current liabilities          
Derivative Liability $ 2,704 $ 1,076