Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Current assets    
Cash $ 10,100 $ 12,720
Restricted cash 431 331
Accounts receivable, net of allowances of $937 and $512, respectively 24,221 17,050
Deposits 161 151
Prepaid expenses and other current assets 1,314 750
Current assets held for disposal 3,434 8,753
Total current assets 39,661 39,755
Property and equipment, net 3,300 2,757
Deferred tax assets 439 596
Intangible assets, net 226 1,231
Goodwill 42,266 42,268
TOTAL ASSETS 85,892 86,607
Current liabilities    
Accounts payable 22,552 19,895
Accrued license fees and revenue share 11,491 8,232
Accrued compensation 1,614 2,966
Short-term debt, net of debt issuance costs of $78 and $205, respectively 1,522 1,445
Other current liabilities 1,802 1,142
Current liabilities held for disposal 5,430 12,726
Total current liabilities 44,411 46,406
Convertible notes, net of debt issuance costs and discounts of $1,402 and $1,827, respectively 3,298 3,873
Other non-current liabilities 182 0
Total liabilities 54,139 58,935
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) 100 100
Common stock - $0.0001 par value: 200,000,000 shares authorized; 78,459,070 issued and 77,704,471 outstanding at December 31, 2018; 76,843,278 issued and 76,108,822 outstanding at March 31, 2018 10 10
Additional paid-in capital 321,297 318,066
Treasury stock (754,599 shares at December 31, 2018 and March 31, 2018) (71) (71)
Accumulated other comprehensive loss (323) (325)
Accumulated deficit (289,260) (290,108)
Total stockholders' equity 31,753 27,672
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 85,892 86,607
Convertible note embedded derivative liability    
Current liabilities    
Derivative liability 3,113 4,676
Warrant liability    
Current liabilities    
Derivative liability $ 3,135 $ 3,980