Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net loss $ (14,432) $ (17,339)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,707 6,325
Change in allowance for doubtful accounts 244 130
Amortization of debt discount and debt issuance costs 875 969
Accrued interest 165 297
Stock-based compensation 2,296 3,335
Stock-based compensation for services rendered 224 276
Change in fair value of convertible note embedded derivative liability 6,310 (2,423)
Change in fair value of warrant liability 2,526 (797)
Loss on extinguishment of debt 1,166 293
(Increase) / decrease in assets:    
Restricted cash transferred from operating cash 0 (323)
Accounts receivable (16,184) (1,877)
Deposits (34) 83
Deferred tax assets (241) 212
Prepaid expenses and other current assets (41) 30
Increase / (decrease) in liabilities:    
Accounts payable 8,536 4,509
Accrued license fees and revenue share 4,328 (712)
Accrued compensation 2,383 (241)
Other current liabilities 385 (818)
Other non-current liabilities (731) 283
Net cash provided by (used in) operating activities 482 (7,788)
Cash flows from investing activities    
Capital expenditures (1,312) (1,381)
Proceeds from sale of cost method investment in Sift 0 999
Net cash used in investing activities (1,312) (382)
Cash flows from financing activities    
Cash received from issuance of convertible notes 0 16,000
Proceeds from short-term borrowings 2,500 0
Options exercised 261 11
Repayment of debt obligations (847) (11,000)
Payment of debt issuance costs (346) (2,319)
Net cash provided by financing activities 1,568 2,692
Effect of exchange rate changes on cash (4) (48)
Net change in cash 734 (5,526)
Cash, beginning of period 6,149 11,231
Cash, end of period 6,883 5,705
Supplemental disclosure of cash flow information    
Interest paid 770 741
Supplemental disclosure of non-cash financing activities    
Common stock of the Company issued for extinguishment of debt $ 9,510 $ 0