Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Current assets        
Cash $ 12,720 $ 6,149 $ 11,231 $ 7,069
Restricted cash 331 331    
Accounts receivable, net of allowances of $512 and $228, respectively 17,050 10,663    
Deposits 151 121    
Prepaid expenses and other current assets 750 448    
Current assets held for disposal 8,753 5,953    
Total current assets 39,755 23,665    
Property and equipment, net 2,757 2,006 1,470  
Deferred tax assets 596 352    
Intangible assets, net 1,231 2,647 12,490 19,967
Goodwill 42,268 42,268 42,268 42,268
Long-lived assets held for disposal 0 36,642    
TOTAL ASSETS 86,607 107,580    
Current liabilities        
Accounts payable 19,895 11,787    
Accrued license fees and revenue share 8,232 3,011    
Accrued compensation 2,966 520    
Short-term debt, net of debt issuance costs of $205 and $0, respectively 1,445 0    
Other current liabilities 1,142 1,041    
Current liabilities held for disposal 12,726 14,415    
Total current liabilities 46,406 30,774    
Convertible notes, net of debt issuance costs and discounts of $1,827 and $6,315, respectively 3,873 9,685    
Other non-current liabilities 0 697    
Long-term liabilities held for disposal 0 85    
Total liabilities 58,935 45,535    
Stockholders' equity        
Preferred stock 100 100    
Common stock 10 8    
Additional paid-in capital 318,066 299,580    
Treasury stock (754,599 shares at March 31, 2018 and March 31, 2017) (71) (71)    
Accumulated other comprehensive loss (325) (321)    
Accumulated deficit (290,108) (237,251)    
Total stockholders' equity 27,672 62,045 $ 82,271 $ 91,529
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 86,607 107,580    
Convertible note embedded derivative liability        
Current liabilities        
Derivative liability 4,676 3,218    
Warrant liability        
Current liabilities        
Derivative liability $ 3,980 $ 1,076