Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
6 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Cash flows from operating activities |
|
|
| Net loss |
$ (14,753)
|
$ (16,441)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization |
4,199
|
6,850
|
| Loss on disposal of fixed assets |
0
|
23
|
| Change in allowance for doubtful accounts |
7
|
3
|
| Amortization of debt discount |
237
|
236
|
| Amortization of debt issuance costs |
444
|
0
|
| Accrued interest |
(91)
|
(16)
|
| Stock-based compensation |
2,310
|
2,524
|
| Stock-based compensation for services rendered |
166
|
600
|
| Change in fair value of convertible note embedded derivative liability |
430
|
0
|
| Change in fair value of derivative instruments |
140
|
0
|
| Loss on extinguishment of debt |
293
|
0
|
| Stock issued for settlement of liability |
0
|
283
|
| (Increase) / decrease in assets: |
|
|
| Restricted cash transferred to / (from) operating cash |
(321)
|
200
|
| Accounts receivable |
35
|
(2,313)
|
| Deposits |
61
|
(1)
|
| Deferred tax assets |
99
|
0
|
| Deferred financing costs |
0
|
(187)
|
| Prepaid expenses and other current assets |
68
|
243
|
| Increase / (decrease) in liabilities: |
|
|
| Accounts payable |
4,771
|
5,177
|
| Accrued license fees and revenue share |
(1,009)
|
2,336
|
| Accrued compensation |
(280)
|
(597)
|
| Other current liabilities |
(393)
|
(585)
|
| Other non-current liabilities |
20
|
0
|
| Net cash used in operating activities |
(3,567)
|
(1,665)
|
| Cash flows from investing activities |
|
|
| Capital expenditures |
(1,115)
|
(610)
|
| Net cash used in investing activities |
(1,115)
|
(610)
|
| Cash flows from financing activities |
|
|
| Cash received in convertible notes issuance |
16,000
|
0
|
| Repayment of debt obligations |
(11,000)
|
(300)
|
| Payment of debt issuance costs |
(2,091)
|
0
|
| Options exercised |
11
|
49
|
| Net cash provided / (used) in financing activities |
2,920
|
(251)
|
| Effect of exchange rate changes on cash and cash equivalents |
(53)
|
39
|
| Net change in cash and cash equivalents |
(1,815)
|
(2,487)
|
| Cash and cash equivalents, beginning of period |
11,231
|
7,069
|
| Cash and cash equivalents, end of period |
$ 9,416
|
$ 4,582
|