Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Income / (Loss) (Unaudited)

v3.20.2
Consolidated Statements of Operations and Comprehensive Income / (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Net revenues $ 59,012 $ 30,553
Cost of revenues    
License fees and revenue share 32,300 18,275
Other direct costs of revenues 560 278
Total cost of revenues 32,860 18,553
Gross profit 26,152 12,000
Operating expenses    
Product development 4,408 2,794
Sales and marketing 4,318 2,278
General and administrative 6,804 3,888
Total operating expenses 15,530 8,960
Income from operations 10,622 3,040
Interest and other income / (expense), net    
Interest income / (expense), net (306) 18
Change in fair value of warrant liability 0 (5,226)
Other income / (expense) 0 390
Total interest and other income / (expense), net (306) (4,818)
Income / (loss) from continuing operations before income taxes 10,316 (1,778)
Income tax provision / (benefit) 376 (107)
Income / (loss) from continuing operations, net of taxes 9,940 (1,671)
Income / (loss) from discontinued operations 0 (148)
Net income / (loss) from discontinued operations, net of taxes 0 (148)
Net income / (loss) 9,940 (1,819)
Other comprehensive income / (loss)    
Foreign currency translation adjustment (142) 98
Comprehensive income / (loss) $ 9,798 $ (1,721)
Basic net income / (loss) per common share    
Continuing operations (in dollars per share) $ 0.11 $ (0.02)
Discontinued operations (in dollars per share) 0 0
Net income / (loss) (in dollars per share) $ 0.11 $ (0.02)
Weighted-average common shares outstanding, basic 87,386 81,814
Diluted net income / (loss) per common share    
Continuing operations (in dollars per share) $ 0.11 $ (0.02)
Discontinued operations (in dollars per share) 0 0
Net income / (loss) (in dollars per share) $ 0.11 $ (0.02)
Weighted-average common shares outstanding, diluted 93,108 81,814