Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.20.4
Discontinued Operations (Tables)
 9 Months Ended
Dec. 31, 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 December 31, Nine months ended December 31,
2020 2019 2020 2019
Net revenues $ —  $ —  $ —  $ — 
Total cost of revenues —  (102) —  (102)
Gross profit —  102  —  102 
Product development —  —  —  62 
General and administrative —  37  —  122 
Loss from operations —  65  —  (82)
Interest and other income / (expense), net —  —  —  (89)
Loss from discontinued operations before income taxes —  65  —  (171)
Loss from discontinued operations, net of taxes —  65  —  (171)
Comprehensive loss $ —  $ 65  $ —  $ (171)
Basic and diluted net loss per common share $ —  $ —  $ —  $ — 
Weighted-average common shares outstanding, basic —  85,876  —  83,869 
Weighted-average common shares outstanding, diluted —  92,472  —  89,759 
    The following table provides reconciling cash flow information for our discontinued operations:
Nine months ended December 31,
2020 2019
(Unaudited) (Unaudited)
Cash flows from operating activities
Net loss from discontinued operations, net of taxes $ —  $ (171)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization —  19 
Change in allowance for doubtful accounts —  (47)
Loss on disposal of fixed assets —  104 
(Increase) / decrease in assets:
Accounts receivable —  405 
Increase / (decrease) in liabilities:
Accounts payable —  (232)
Accrued license fees and revenue share —  (202)
Accrued compensation —  (56)
Other current liabilities —  35 
Cash used in operating activities —  (145)
Cash used in discontinued operations $ —  $ (145)