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Discontinued Operations (Tables) | 12 Months Ended
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Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Financial Results of Discontinued Operations | Details on assets and liabilities classified as held for disposal in the accompanying consolidated balance sheets are presented in the following table:
|  | As of March 31,
|  | 2018 |  | 2017
Assets held for disposal |  |  |  |
Accounts receivable, net of allowances of $578 and $369, respectively |  | 8,013 |  |  | 5,891 |
Property and equipment, net |  | 377 |  |  | — |
Goodwill |  | 309 |  |  | — |
Prepaid expenses and other current assets |  | 54 |  |  | 62 |
Current assets held for disposal |  | 8,753 |  |  | 5,953 |
Property and equipment, net |  | — |  |  | 371 |
Intangible assets, net |  | — |  |  | 1,918 |
Goodwill |  | — |  |  | 34,353 |
Long-lived assets held for disposal |  | — |  |  | 36,642 |
Total assets held for disposal |  | 8,753 |  |  | 42,595 |
Liabilities held for disposal |  |  |  |
Accounts payable |  | 8,789 |  |  | 8,081 |
Accrued license fees and revenue share |  | 3,059 |  |  | 5,518 |
Accrued compensation |  | 529 |  |  | 553 |
Other current liabilities |  | 349 |  |  | 263 |
Current liabilities held for disposal |  | 12,726 |  |  | 14,415 |
Other non-current liabilities |  | — |  |  | 85 |
Long-term liabilities held for disposal |  | — |  |  | 85 |
Total liabilities held for disposal |  | 12,726 |  |  | 14,500 |
The following table provides reconciling cash flow information for our discontinued operations:
|  | Year ended March 31,
|  | 2018 |  | 2017 |  | 2016
Cash flows from operating activities |  |  |  |  |  |
Net loss |  | (33,160 | ) |  | (5,126 | ) |  | (3,540 | )
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |  |  |
Depreciation and Amortization |  | 1,037 |  |  | 5,564 |  |  | 3,101 |
Change in allowance for doubtful accounts |  | 194 |  |  | 85 |  |  | 261 |
Stock-based compensation |  | 189 |  |  | 386 |  |  | — |
Impairment of intangible assets |  | 1,065 |  |  | — |  |  | — |
Impairment of goodwill |  | 34,045 |  |  | — |  |  | — |
(Increase) / decrease in assets: |  |  |  |  |  |
Accounts receivable |  | (1,928 | ) |  | 4,715 |  |  | (14 | )
Deposits |  | — |  |  | 69 |  |  | (69 | )
Prepaid expenses and other current assets |  | 8 |  |  | (8 | ) |  | 78 |
Increase / (decrease) in liabilities: |  |  |  |  |  |
Accounts payable |  | 708 |  |  | 134 |  |  | 3,928 |
Accrued license fees and revenue share |  | (2,459 | ) |  | (1,089 | ) |  | 76 |
Accrued compensation |  | (24 | ) |  | (665 | ) |  | 269 |
Other current liabilities |  | 25 |  |  | 444 |  |  | 412 |
Other non-current liabilities |  | (24 | ) |  | 85 |  |  | — |
Cash provided by / (used in) operating activities |  | (324 | ) |  | 4,594 |  |  | 4,502 |
Cash flows from investing activities |  |  |  |  |  |
Capital expenditures |  | (142 | ) |  | (177 | ) |  | — |
Cash used in investing activities |  | (142 | ) |  | (177 | ) |  | — |
Cash provided by / (used in) discontinued operations |  | (466 | ) |  | 4,417 |  |  | 4,502 |
The following table summarizes the financial results of our discontinued operations for all periods presented herein: Condensed Statements of Operations and Comprehensive Loss For Discontinued Operations (in thousands, except per share amounts)
|  | Year ended March 31,
|  | 2018 |  | 2017 |  | 2016
Net revenues |  | 48,877 |  |  | 51,346 |  |  | 64,290 |
Total cost of revenues |  | 42,950 |  |  | 49,241 |  |  | 55,931 |
Gross profit |  | 5,927 |  |  | 2,105 |  |  | 8,359 |
Product development |  | 2,194 |  |  | 2,752 |  |  | 6,100 |
Sales and marketing |  | 1,444 |  |  | 2,357 |  |  | 3,158 |
General and administrative |  | 1,835 |  |  | 2,045 |  |  | 2,502 |
Income / (loss) from operations |  | 454 |  |  | (5,049 | ) |  | (3,401 | )
Loss on impairment of goodwill |  | (34,045 | ) |  | — |  |  | — |
Interest and other income (expense), net |  | 431 |  |  | (77 | ) |  | (139 | )
Loss from discontinued operations before income taxes |  | (33,160 | ) |  | (5,126 | ) |  | (3,540 | )
Income tax provision |  | — |  |  | — |  |  | — |
Net loss from discontinued operations, net of taxes |  | (33,160 | ) |  | (5,126 | ) |  | (3,540 | )
Foreign currency translation adjustment |  | — |  |  | — |  |  | — |
Comprehensive loss |  | (33,160 | ) |  | (5,126 | ) |  | (3,540 | )
Basic and diluted net loss per common share |  | $ | (0.47 | ) |  | $ | (0.07 | ) |  | $ | (0.06 | )
Weighted-average common shares outstanding, basic and diluted |  | 70,263 |  |  | 66,511 |  |  | 61,763 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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