Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.20.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income / (loss) from continuing operations, net of taxes $ 9,940 $ (1,671)
Adjustments to reconcile net income / (loss) from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 1,552 462
Provision for doubtful accounts 378 66
Non-cash interest expense 18 0
Stock-based compensation 1,438 560
Stock-based compensation for services rendered 173 122
Change in fair value of warrant liability 0 5,226
(Increase) / decrease in assets:    
Accounts receivable (10,686) (92)
Prepaid expenses and other current assets 456 (196)
Right-of-use assets 61 (2,168)
Increase / (decrease) in liabilities:    
Accounts payable (1,698) 3,982
Accrued license fees and revenue share 4,199 (3,347)
Accrued compensation (1,018) (993)
Other current liabilities 1,036 1,096
Other non-current liabilities 163 1,997
Net cash provided by operating activities - continuing operations 6,012 5,044
Net cash used in operating activities - discontinued operations 0 (230)
Net cash provided by operating activities 6,012 4,814
Cash flows from investing activities    
Acquisition of Mobile Posse (7,232) 0
Capital expenditures (2,011) (783)
Net cash used in investing activities (9,243) (783)
Cash flows from financing activities    
Options and warrants exercised 437 1,199
Net cash provided by financing activities 437 1,199
Effect of exchange rate changes on cash (142) 98
Net change in cash (2,936) 5,328
Cash and restricted cash, beginning of period 21,659 11,059
Cash and restricted cash, end of period 18,723 16,387
Supplemental disclosure of cash flow information    
Interest paid $ 299 $ 0