Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Income / (Loss) (Unaudited)

v3.10.0.1
Consolidated Statements of Operations and Comprehensive Income / (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Net revenues $ 30,411 $ 22,732 $ 76,377 $ 53,790
Cost of revenues        
License fees and revenue share 19,195 14,887 50,213 34,344
Other direct cost of revenues 538 437 1,553 1,276
Total cost of revenues 19,733 15,324 51,766 35,620
Gross profit 10,678 7,408 24,611 18,170
Operating expenses        
Product development 2,428 3,120 8,174 7,535
Sales and marketing 1,962 1,623 5,711 4,044
General and administrative 3,832 4,152 9,215 11,061
Total operating expenses 8,222 8,895 23,100 22,640
Income / (loss) from operations 2,456 (1,487) 1,511 (4,470)
Interest and other income / (expense), net        
Interest expense (194) (446) (648) (1,815)
Foreign exchange transaction gain / (loss) (2) 49 7 (61)
Change in fair value of convertible note embedded derivative liability (1,476) (1,658) 1,096 (6,310)
Change in fair value of warrant liability (1,651) (898) 845 (2,526)
Loss on extinguishment of debt (10) (285) (25) (1,167)
Other expense (43) (154) (169) (73)
Total interest and other income / (expense), net (3,376) (3,392) 1,106 (11,952)
Income / (loss) from continuing operations before income taxes (920) (4,879) 2,617 (16,422)
Income tax benefit / (provision) 216 (84) 157 (937)
Net income / (loss) from continuing operations, net of taxes (1,136) (4,795) 2,460 (15,485)
Income / (loss) from discontinued operations (212) 996 (1,612) 1,053
Net income / (loss) (1,348) (3,799) 848 (14,432)
Foreign currency translation adjustment (5) 0 (5) (5)
Comprehensive income / (loss) $ (1,353) $ (3,799) $ 843 $ (14,437)
Basic and diluted net income / (loss) per common share        
Continuing operations (in dollars per share) $ (0.01) $ (0.07) $ 0.03 $ (0.23)
Discontinued operations (in dollars per share) 0.00 0.01 (0.02) 0.02
Net income / (loss) (in dollars per share) $ (0.01) $ (0.06) $ 0.01 $ (0.21)
Weighted-average common shares outstanding, basic (in shares) 77,645 72,148 76,977 68,575
Weighted-average common shares outstanding, diluted (in shares) 77,645 75,442 79,371 70,252