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 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net revenues $ 70,893 $ 32,795 $ 129,905 $ 63,348
Cost of revenues        
License fees and revenue share 40,532 20,146 72,832 38,421
Other direct costs of revenues 662 344 1,222 622
Total cost of revenues 41,194 20,490 74,054 39,043
Gross profit 29,699 12,305 55,851 24,305
Operating expenses        
Product development 4,217 2,735 8,625 5,529
Sales and marketing 4,835 2,441 9,153 4,719
General and administrative 8,531 4,014 15,335 7,902
Total operating expenses 17,583 9,190 33,113 18,150
Income from operations 12,116 3,115 22,738 6,155
Interest and other income / (expense), net        
Interest income / (expense), net (287) 41 (593) 59
Change in fair value of warrant liability 0 (4,505) 0 (9,731)
Change in estimated contingent consideration (10,757) 0 (10,757) 0
Other income / (expense) (38) 84 (38) 474
Total interest and other income / (expense), net (11,082) (4,380) (11,388) (9,198)
Income / (loss) from continuing operations before income taxes 1,034 (1,265) 11,350 (3,043)
Income tax provision / (benefit) 661 72 1,037 (35)
Income / (loss) from continuing operations, net of taxes 373 (1,337) 10,313 (3,008)
Income / (loss) from discontinued operations 0 (88) 0 (236)
Net income / (loss) from discontinued operations, net of taxes 0 (88) 0 (236)
Net income / (loss) 373 (1,425) 10,313 (3,244)
Other comprehensive income / (loss)        
Foreign currency translation adjustment (45) (418) (187) (320)
Comprehensive income / (loss) $ 328 $ (1,843) $ 10,126 $ (3,564)
Basic net income / (loss) per common share        
Continuing operations (in dollars per share) $ 0 $ (0.02) $ 0.11 $ (0.04)
Discontinued operations (in dollars per share) 0 0 0 0
Net income / (loss) (in dollars per share) $ 0 $ (0.02) $ 0.11 $ (0.04)
Weighted-average common shares outstanding, basic 88,035 83,909 87,712 82,860
Diluted net income / (loss) per common share        
Continuing operations (in dollars per share) $ 0 $ (0.02) $ 0.11 $ (0.04)
Discontinued operations (in dollars per share) 0 0 0 0
Net income / (loss) (in dollars per share) $ 0 $ (0.02) $ 0.11 $ (0.04)
Weighted-average common shares outstanding, diluted 96,057 83,909 94,988 82,860