Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
Current assets    
Cash $ 10,894 $ 12,720
Restricted cash 165 331
Accounts receivable, net of allowances of $895 and $512, respectively 22,707 17,050
Prepaid expenses and other current assets 1,331 901
Current assets held for disposal 2,026 8,753
Total current assets 37,123 39,755
Property and equipment, net 3,430 2,757
Deferred tax assets 40 596
Intangible assets, net 0 1,231
Goodwill 42,268 42,268
TOTAL ASSETS 82,861 86,607
Current liabilities    
Accounts payable 14,912 19,895
Accrued license fees and revenue share 16,205 8,232
Accrued compensation 2,441 2,966
Short-term debt, net of debt issuance costs of $0 and $205, respectively 0 1,445
Other current liabilities 826 1,142
Current liabilities held for disposal 3,924 12,726
Total current liabilities 38,308 46,406
Convertible notes, net of debt issuance costs and discounts of $0 and $1,827, respectively 0 3,873
Other non-current liabilities 182 0
Total liabilities 46,503 58,935
Stockholders' equity    
Preferred stock, Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares authorized, 100,000 issued and outstanding (liquidation preference of $1,000) 100 100
Common stock, $0.0001 par value: 200,000,000 shares authorized; 82,354,940 issued and 81,620,484 outstanding at March 31, 2019; 76,843,278 issued and 76,108,822 outstanding at March 31, 2018 10 10
Additional paid-in capital 332,793 318,066
Treasury stock (754,599 shares at March 31, 2019 and March 31, 2018) (71) (71)
Accumulated other comprehensive loss (356) (325)
Accumulated deficit (296,118) (290,108)
Total stockholders' equity 36,358 27,672
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 82,861 86,607
Convertible note embedded derivative liability    
Current liabilities    
Derivative liability 0 4,676
Warrant liability    
Current liabilities    
Derivative liability $ 8,013 $ 3,980