Quarterly report pursuant to sections 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Mar. 31, 2013
Current assets    
Cash and cash equivalents $ 7,806 $ 1,149
Accounts receivable, net of allowances of $130 and $130, respectively 5,815 1,995
Deposits 48 563
Prepaid expenses and other current assets 625 285
Total current assets 14,294 3,992
Property and equipment, net 427 148
Deferred tax assets 415  
Intangible assets, net 10,609 4,757
Goodwill 4,770 3,588
TOTAL ASSETS 30,515 12,485
Current liabilities    
Accounts payable 5,596 3,783
Accrued license fees 3,276 669
Accrued compensation 1,188 692
Current portion of long term debt, net of discounts of $0 and $726, respectively 10 3,777
Deferred tax liabilities 306 134
Other current liabilities 660 600
Total current liabilities 11,036 9,655
Long term debt and convertible debt, net of discounts of $0 and $980, respectively   1,252
Long term contingent liability, less discount of $762 and $159, respectively 238 841
Total liabilities 11,274 11,748
Stockholders' equity    
Preferred stock Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares authorized, 100,000 issued and outstanding (liquidation preference of $1,000,000) 100 100
Common stock, $0.0001 par value: 200,000,000 shares authorized; 32,027,046 issued and 31,272,447 outstanding at September 30, 2013; 19,222,493 issued and 18,467,894 outstanding at March 31, 2013 7 7
Additional paid-in capital 172,545 142,571
Treasury Stock (754,600 shares at September 30, 2013 and March 31, 2013) (71) (71)
Accumulated other comprehensive loss 172 (266)
Accumulated deficit (153,512) (141,604)
Total stockholders' equity 19,241 737
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,515 $ 12,485