Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Mar. 31, 2020
Current assets    
Cash $ 43,659 $ 21,534
Restricted cash 0 125
Accounts receivable, net of allowances of $4,913 and $4,059, respectively 59,027 33,135
Prepaid expenses and other current assets 1,955 3,653
Total current assets 104,641 58,447
Property and equipment, net 11,670 8,183
Right-of-use assets 3,807 4,237
Intangible assets, net 41,871 43,882
Goodwill 70,452 69,262
TOTAL ASSETS 232,441 184,011
Current liabilities    
Short-term debt, net of issuance costs of $62 and $62, respectively 1,938 1,188
Accounts payable 34,142 31,579
Accrued license fees and revenue share 36,188 19,423
Accrued compensation 8,340 4,311
Accrued earn-out 10,000 23,735
Other current liabilities 7,849 2,573
Total current liabilities 98,457 82,809
Long-term debt, net of issuance costs of $198 and $245, respectively 17,052 18,505
Other non-current liabilities 4,758 5,243
Total liabilities 120,267 106,557
Commitments and contingencies (Note 15)
Stockholders' equity    
Preferred stock 100 100
Common stock 10 10
Additional paid-in capital 370,435 360,224
Treasury stock (754,599 shares at December 31, 2020 and March 31, 2020) (71) (71)
Accumulated other comprehensive loss (910) (591)
Accumulated deficit (257,390) (282,218)
Total stockholders' equity 112,174 77,454
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 232,441 $ 184,011