Annual report pursuant to Section 13 and 15(d)

Segment and Geographic Information (Tables)

v3.5.0.1
Segment and Geographic Information (Tables)
12 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Geographic Information on Sales and Net Property and Equipment
The following information sets forth segment information on our net revenues and loss from operations for the years ended March 31, 2016, 2015, and 2014. During fiscal 2016 the company changed its methodology for how corporate operating expenses are allocated to the Company's Advertising and Content operating segments as the new method of allocation is deemed by management to be a more accurate representation for how the expenses relate to the operations and development of the Advertising and Content segments. Corporate operating expenses in fiscal 2015 were previously allocated between the Advertising and Content segments based on employee headcount. Corporate operating expenses in fiscal 2016 are now being allocated based on the percentage of revenue between Advertising and Content for the Company as a whole. Prior period fiscal 2015 figures presented have been updated to reflect these changes and are comparable to the fiscal 2016 figures presented.
 
 
Content
 
Advertising
 
Total
Year ended March 31, 2016
 
 
 
 
 
 
Net revenues
 
$
28,765

 
$
57,776

 
$
86,541

Loss from operations
 
$
(7,603
)
 
$
(18,333
)
 
$
(25,936
)
Year ended March 31, 2015
 
 
 
 
 
 
Net revenues
 
$
22,009

 
$
6,243

 
$
28,252

Loss from operations
 
$
(13,300
)
 
$
(10,437
)
 
$
(23,737
)
Year ended March 31, 2014
 
 
 
 
 
 
Net revenues
 
$
23,635

 
$
769

 
$
24,404

Loss from operations
 
$
(11,969
)
 
$
(3,555
)
 
$
(15,524
)
The following table sets forth revenues and long-lived assets by geographic area. One major carrier customer in our Content business accounted for 26.1% of our consolidated net revenues during the year ended March 31, 2016, and this major carrier customer and another major carrier customer in our Content business accounted for 50.6% and 11.1% of our consolidated net revenues during the year ended March 31, 2015. During the year ended March 31, 2014, the two previously mentioned major customers and a third major customer represented 45.8%, 22.2%, and 10.5% of our consolidated net revenues.
 
 
Year Ended March 31,
 
 
2016
 
2015
 
2014
Net revenues
 
 
 
 
 
 
     United States & Canada
 
$
28,813

 
$
5,976

 
$
167

     Europe, Middle East, & Africa
 
15,587

 
2,202

 
4,060

     Asia Pacific & China
 
41,661

 
20,074

 
20,107

     Mexico, Central America, & South America
 
480

 

 
70

Consolidated net revenues
 
$
86,541

 
$
28,252

 
$
24,404

 
 
 
 
 
 
 
Property and equipment, net
 
 
 
 
 
 
     United States & Canada
 
$
1,376

 
$
289

 
$
68

     Europe, Middle East, & Africa
 
94

 
32

 
70

     Asia Pacific & China
 
314

 
293

 
327

     Mexico, Central America, & South America
 

 

 

Consolidated property and equipment, net
 
$
1,784

 
$
614

 
$
465