Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.20.2
Discontinued Operations (Tables)
 3 Months Ended
Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Financial Results of Discontinued Operations
The following table summarizes the financial results of our discontinued operations for all periods presented in the accompanying Consolidated Statements of Operations and Comprehensive Income / (Loss):

Condensed Statements of Operations and Comprehensive Income / (Loss)
For Discontinued Operations
(in thousands, except per share amounts)
(Unaudited)
Three months ended June 30,
2020 2019
Gross profit —    —   
Product development —    33   
General and administrative —    62   
Income / (loss) from operations —    (95)  
Interest and other income / (expense), net —    (53)  
Income / (loss) from discontinued operations before income taxes —    (148)  
Income / (loss) from discontinued operations, net of taxes —    (148)  
Comprehensive income / (loss) $ —    $ (148)  
Basic and diluted net income / (loss) per common share $ —    $ —   

        The following table provides reconciling cash flow information for our discontinued operations:
Three months ended June 30,
2020 2019
(Unaudited) (Unaudited)
Cash flows from operating activities
Net loss from discontinued operations, net of taxes $ —    $ (148)  
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization —    19   
Change in allowance for doubtful accounts —    (30)  
Loss on disposal of fixed assets —    103   
(Increase) / decrease in assets:
Accounts receivable —    100   
Increase / (decrease) in liabilities:
Accounts payable —    (155)  
Accrued license fees and revenue share —    (96)  
Accrued compensation —    (20)  
Other current liabilities —    (3)  
Cash used in operating activities —    (230)  
Cash used in discontinued operations $ —    $ (230)