Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net income from continuing operations, net of taxes $ 253 $ 2,460
Adjustments to reconcile net income from continuing operations to net cash provided by / (used in) operating activities:    
Depreciation and amortization 1,484 2,145
Loss on disposal of fixed assets 4 0
Change in allowance for doubtful accounts 206 425
Amortization of debt discount and debt issuance costs 0 251
Stock-based compensation 2,044 1,416
Stock-based compensation for services rendered 470 365
Change in fair value of convertible note embedded derivative liability 0 (1,096)
Change in fair value of warrant liability 10,601 (845)
Loss on extinguishment of debt 0 25
(Increase) / decrease in assets:    
Accounts receivable (4,193) (7,626)
Deferred tax assets 40 157
Prepaid expenses and other current assets (829) (561)
Right-of-use assets (2,029)  
Increase / (decrease) in liabilities:    
Accounts payable 5,908 2,657
Accrued license fees and revenue share 59 3,258
Accrued compensation 855 (1,345)
Other current liabilities 3,459 788
Other non-current liabilities 1,823 55
Net cash provided by operating activities - continuing operations 20,155 2,529
Net cash used in operating activities - discontinued operations (145) (3,436)
Net cash provided by / (used in) operating activities 20,010 (907)
Cash flows from investing activities    
Capital expenditures (3,179) (1,781)
Net cash used in investing activities (3,179) (1,781)
Cash flows from financing activities    
Options and warrants exercised 6,353 223
Repayment of debt obligations 0 (50)
Net cash provided by financing activities 6,353 173
Effect of exchange rate changes on cash (364) (5)
Net change in cash 22,820 (2,520)
Cash and restricted cash, beginning of period 11,059 13,051
Cash and restricted cash, end of period 33,879 10,531
Supplemental disclosure of cash flow information    
Interest paid 0 290
Supplemental disclosure of non-cash financing activities    
Common stock of the Company issued for extinguishment of debt 0 1,190
Cashless exercise of warrants to purchase common stock of the Company $ 791 $ 0