Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets    
Cash $ 18,723 $ 21,534
Restricted cash 0 125
Accounts receivable, net of allowances of $4,437 and $4,059, respectively 43,443 33,135
Prepaid expenses and other current assets 3,197 3,653
Total current assets 65,363 58,447
Property and equipment, net 9,311 8,183
Right-of-use assets 4,176 4,237
Intangible assets, net 43,211 43,882
Goodwill 69,716 69,262
TOTAL ASSETS 191,777 184,011
Current liabilities    
Short-term debt, net of debt issuance costs of $62 and $62, respectively 1,688 1,188
Accounts payable 29,881 31,579
Accrued license fees and revenue share 23,622 19,423
Accrued compensation 3,293 4,311
Accrued earn-out 16,956 23,735
Other current liabilities 3,611 2,573
Total current liabilities 79,051 82,809
Long-term debt, net of debt issuance costs of $230 and $245, respectively 18,020 18,505
Other non-current liabilities 5,406 5,243
Total liabilities 102,477 106,557
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; 88,265,252 issued and 87,530,796 outstanding at June 30, 2020; 88,041,240 issued and 87,306,784 outstanding at March 31, 2020 10 10
Additional paid-in capital 362,272 360,224
Treasury stock (754,599 shares at June 30, 2020 and March 31, 2020) (71) (71)
Accumulated other comprehensive loss (733) (591)
Accumulated deficit (272,278) (282,218)
Total stockholders' equity 89,300 77,454
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 191,777 $ 184,011