Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net loss $ (9,811) $ (11,908)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on disposal of discontinued operations, net of taxes   1,653
Depreciation and amortization 737 1,037
Amortization of debt discount   186
Interest and PIK interest accrued   36
Finance costs   1,869
Stock and Stock option compensation 1,807 410
Stock issued for services 248 1,803
Warrants issued for services   406
Revaluation of contingent liability   (603)
Increase / (decrease) in fair value of derivative liabilities   811
(Increase) / decrease in assets, net of effect of disposal of subsidiary:    
Accounts receivable 764 (1,011)
Deposits (62) 515
Deferred tax assets 2,697  
Prepaid expenses and other current assets 1 142
Increase / (decrease) in liabilities, net of effect of disposal of subsidiary:    
Accounts payable 875 418
Accrued license fees (1,022) 2,607
Accrued compensation 442 151
Other liabilities and other items (2,155) (2,415)
Net cash used in operating activities (5,479) (3,893)
Cash flows from investing activities    
Purchase of property and equipment (6) (31)
Settlement of contingent liability 11  
Cash used in acquisition of subsidiary   (1,287)
Cash acquired with acquisition of subsidiary   513
Net cash used in investing activities 5 (805)
Cash flows from financing activities    
Repayment of debt obligations   (3,657)
Issuance of shares for cash   14,924
Warrant exercised 375  
Net cash provided by financing activities 375 11,267
Effect of exchange rate changes on cash and cash equivalents 9 88
Net change in cash and cash equivalents (5,090) 6,657
Cash and cash equivalents, beginning of period 21,805 1,149
Cash and cash equivalents, end of period 16,715 7,806
Supplemental disclosure of cash flow information:    
Taxes paid 0 0
Supplemental disclosure of non-cash investing and financing activities:    
Contingency earn out on acquisition of subsidiary, net of discount   238
Common stock of the Company issued for acquisition of subsidiary   $ 4,449