Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net (loss) / income $ (11,908) $ (6,528)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,037 197
Amortization of debt discount 726 712
Interest accrued 36 221
PIK Interest 68  
Finance costs 1,427  
Fair value of financing costs related to conversion options 1,479  
Allowance for doubtful accounts      
Stock-based compensation 410 66
Stock issued for services 1,803 2,308
Warrants issued for services 406  
Revaluation of contingent liability (603)  
Finance costs 0  
Loss on disposal of leasehold improvements 8  
Increase / (decrease) in fair value of derivative liabilities 811 21
(Increase) / decrease in assets, net of effect of disposal of subsidiary:    
Accounts receivable (1,011) (311)
Deposits 515 (3)
Prepaid expenses and other current assets 142 (43)
Increase / (decrease) in liabilities, net of effect of disposal of subsidiary:    
Accounts payable 418 (175)
Accrued license fees 2,607 (144)
Accrued compensation 151 156
Other liabilities and other items (2,415) 229
Net cash used in operating activities (3,893) (3,294)
Cash flows from investing activities    
Purchase of property and equipment (32) (8)
Cash used in acquisition of subsidiary (1,287) (3,416)
Cash acquired with acquisition of subsidiary 513 59
Net cash used in investing activities 805 (3,365)
Cash flows from financing activities    
Repayment of debt obligations (3,657)  
Issuance of shares for cash 14,924 1,000
Net cash provided by financing activities 11,267 1,000
Effect of exchange rate changes on cash and cash equivalents 88 (3)
Net change in cash and cash equivalents 6,658 (5,662)
Cash and cash equivalents, beginning of period 1,149 8,799
Cash and cash equivalents, end of period 7,806 3,137
Supplemental disclosure of cash flow information:    
Taxes paid 0 28
Interest paid      
Noncash investing and financing activities:    
Contingency earn out on acquisition of subsidiary, net of discount 0 (758)
Common stock of the Company issued for acquisition of subsidiary $ 0 $ 788