Annual report pursuant to Section 13 and 15(d)

Segment and Geographic Information

v3.8.0.1
Segment and Geographic Information
12 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment and Geographic Information
Segment and Geographic Information
The Company manages its business in one operating and reporting segment: O&O. This one operating segment is the only operating segment in our one reportable segment: Advertising. Our chief operating decision maker does not evaluate operating segments using asset information. The Company has considered guidance in Accounting Standards Codification (ASC) 280 in reaching its conclusion with respect to aggregating its operating segments into one reportable segment. Specifically, the Company has evaluated guidance in ASC 280-10-50-11 and determined that aggregation is consistent with the objectives of ASC 280 in that aggregation into one reportable segment allows users of our financial statements to view the Company’s business through the eyes of management based upon the way management reviews performance and makes decisions. Additional factors that were considered included: whether or not an operating segment has similar economic characteristics, the nature of the products/services under each operating segment, the nature of the production/go-to-market process, the type and geographic location of our customers, and the distribution of our products/services.
The Company attributes its long-lived assets, which primarily consist of property and equipment, to a country primarily based on the physical location of the assets. Goodwill and intangibles are not included in this allocation.
The following table sets forth geographic information on our net revenues and net property and equipment for the years ended March 31, 2018, 2017, and 2016. Net revenues by geography are based on the billing addresses of our customers.
 
 
Year ended March 31,
 
 
2018
 
2017
 
2016
Net revenues
 
 
 
 
 
 
     United States and Canada
 
$
40,743

 
$
25,952

 
$
9,215

     Europe, Middle East, and Africa
 
5,691

 
3,494

 
12,488

     Asia Pacific and China
 
23,608

 
9,269

 
503

     Mexico, Central America, and South America
 
4,709

 
1,492

 
45

Consolidated net revenues
 
$
74,751

 
$
40,207

 
$
22,251

 
 
 
 
 
 
 
Property and equipment, net
 
 
 
 
 
 
     United States & Canada
 
$
2,701

 
$
1,916

 
$
1,376

     Europe, Middle East, & Africa
 
41

 
73

 
94

     Asia Pacific & China
 
15

 
17

 

     Mexico, Central America, & South America
 

 

 

Consolidated property and equipment, net
 
$
2,757

 
$
2,006

 
$
1,470