Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.20.2
Discontinued Operations (Tables)
 6 Months Ended
Sep. 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 September 30, Six months ended September 30,
2020 2019 2020 2019
Net revenues $ —  $ —  $ —  $ — 
Total cost of revenues —  —  —  — 
Gross profit —  —  —  — 
Product development —  29  —  62 
Sales and marketing —  —  —  — 
General and administrative —  23  —  85 
Loss from operations —  (52) —  (147)
Interest and other income / (expense), net —  (36) —  (89)
Loss from discontinued operations before income taxes —  (88) —  (236)
Loss from discontinued operations, net of taxes —  (88) —  (236)
Comprehensive loss $ —  $ (88) $ —  $ (236)
Basic and diluted net loss per common share $ —  $ —  $ —  $ — 
Weighted-average common shares outstanding, basic and diluted —  83,909  —  82,860 
    The following table provides reconciling cash flow information for our discontinued operations:
Six months ended September 30,
2020 2019
(Unaudited) (Unaudited)
Cash flows from operating activities
Net loss from discontinued operations, net of taxes $ —  $ (236)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization —  19 
Change in allowance for doubtful accounts —  (99)
Loss on disposal of fixed assets —  104 
(Increase) / decrease in assets:
Accounts receivable —  510 
Increase / (decrease) in liabilities:
Accounts payable —  (289)
Accrued license fees and revenue share —  (84)
Accrued compensation —  (32)
Other current liabilities —  (85)
Cash used in operating activities —  (192)
Effect of exchange rate changes on cash and cash equivalents —  — 
Cash used in discontinued operations $ —  $ (192)