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Guarantor and Non-Guarantor Financial Statements (Tables) | 9 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheet | Consolidated Balance Sheet as of December 31, 2018 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated Total
ASSETS |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |
Cash |  | $ | 216 |  |  | $ | 9,777 |  |  | $ | 107 |  |  | $ | 10,100 |
Restricted cash |  | 256 |  |  | 175 |  |  | — |  |  | 431 |
Accounts receivable, net of allowance of $937 |  | — |  |  | 24,069 |  |  | 152 |  |  | 24,221 |
Deposits |  | 34 |  |  | 113 |  |  | 14 |  |  | 161 |
Prepaid expenses and other current assets |  | 357 |  |  | 815 |  |  | 142 |  |  | 1,314 |
Current assets held for disposal |  | — |  |  | 3,435 |  |  | (1 | ) |  | 3,434 |
Total current assets |  | 863 |  |  | 38,384 |  |  | 414 |  |  | 39,661 |
Property and equipment, net |  | 764 |  |  | 2,531 |  |  | 5 |  |  | 3,300 |
Deferred tax assets |  | 439 |  |  | — |  |  | — |  |  | 439 |
Intangible assets, net |  | 1 |  |  | 225 |  |  | — |  |  | 226 |
Goodwill |  | 1,065 |  |  | 40,201 |  |  | 1,000 |  |  | 42,266 |
TOTAL ASSETS |  | $ | 3,132 |  |  | $ | 81,341 |  |  | $ | 1,419 |  |  | $ | 85,892 |
INTERCOMPANY |  |  |  |  |  |  |  |
Intercompany payable / (receivable), net |  | 111,398 |  |  | (94,427 | ) |  | (16,971 | ) |  | — |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |  |
Accounts payable |  | $ | 674 |  |  | $ | 21,866 |  |  | $ | 12 |  |  | $ | 22,552 |
Accrued license fees and revenue share |  | — |  |  | 11,369 |  |  | 122 |  |  | 11,491 |
Accrued compensation |  | 954 |  |  | 628 |  |  | 32 |  |  | 1,614 |
Short-term debt, net of debt issuance costs and discounts of $78 |  | 1,522 |  |  | — |  |  | — |  |  | 1,522 |
Other current liabilities |  | 1,076 |  |  | 684 |  |  | 42 |  |  | 1,802 |
Current liabilities held for disposal |  | — |  |  | 5,264 |  |  | 166 |  |  | 5,430 |
Total current liabilities |  | 4,226 |  |  | 39,811 |  |  | 374 |  |  | 44,411 |
Convertible notes, net of debt issuance costs and discounts of $1,402 |  | 3,298 |  |  | — |  |  | — |  |  | 3,298 |
Convertible note embedded derivative liability |  | 3,113 |  |  | — |  |  | — |  |  | 3,113 |
Warrant liability |  | 3,135 |  |  | — |  |  | — |  |  | 3,135 |
Other non-current liabilities |  | 182 |  |  | — |  |  | — |  |  | 182 |
Total liabilities |  | 13,954 |  |  | 39,811 |  |  | 374 |  |  | 54,139 |
Stockholders' equity |  |  |  |  |  |  |  |
Preferred stock |  |  |  |  |  |  |  |
Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares authorized, 100,000 issued and outstanding (liquidation preference of $1,000) |  | 100 |  |  | — |  |  | — |  |  | 100 |
Common stock |  |  |  |  |  |  |  |
$0.0001 par value: 200,000,000 shares authorized; 78,459,070 issued and 77,704,471 outstanding at December 31, 2018 |  | 10 |  |  | — |  |  | — |  |  | 10 |
Additional paid-in capital |  | 321,297 |  |  | — |  |  | — |  |  | 321,297 |
Treasury stock (754,599 shares at December 31, 2018) |  | (71 | ) |  | — |  |  | — |  |  | (71 | )
Accumulated other comprehensive loss |  | 30 |  |  | (1,489 | ) |  | 1,136 |  |  | (323 | )
Accumulated deficit |  | (220,790 | ) |  | (51,408 | ) |  | (17,062 | ) |  | (289,260 | )
Total stockholders' equity |  | 100,576 |  |  | (52,897 | ) |  | (15,926 | ) |  | 31,753 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |  | $ | 114,530 |  |  | $ | (13,086 | ) |  | $ | (15,552 | ) |  | $ | 85,892 |
Consolidated Balance Sheet as of March 31, 2018 (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated Total
ASSETS |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |
Cash |  | $ | 501 |  |  | $ | 11,800 |  |  | $ | 419 |  |  | $ | 12,720 |
Restricted cash |  | 156 |  |  | 175 |  |  | — |  |  | 331 |
Accounts receivable, net of allowance of $512 |  | — |  |  | 16,777 |  |  | 273 |  |  | 17,050 |
Deposits |  | 34 |  |  | 113 |  |  | 4 |  |  | 151 |
Prepaid expenses and other current assets |  | 330 |  |  | 406 |  |  | 14 |  |  | 750 |
Current assets held for disposal |  | — |  |  | 8,610 |  |  | 143 |  |  | 8,753 |
Total current assets |  | 1,021 |  |  | 37,881 |  |  | 853 |  |  | 39,755 |
Property and equipment, net |  | 257 |  |  | 2,485 |  |  | 15 |  |  | 2,757 |
Deferred tax assets |  | 596 |  |  | — |  |  | — |  |  | 596 |
Intangible assets, net |  | — |  |  | 1,231 |  |  | — |  |  | 1,231 |
Goodwill |  | — |  |  | 41,268 |  |  | 1,000 |  |  | 42,268 |
TOTAL ASSETS |  | $ | 1,874 |  |  | $ | 82,865 |  |  | $ | 1,868 |  |  | $ | 86,607 |
INTERCOMPANY |  |  |  |  |  |  |  |
Intercompany payable / (receivable), net |  | 117,873 |  |  | (114,234 | ) |  | (3,639 | ) |  | — |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |  |
Accounts payable |  | $ | 1,031 |  |  | $ | 18,841 |  |  | $ | 23 |  |  | $ | 19,895 |
Accrued license fees and revenue share |  | — |  |  | 7,989 |  |  | 243 |  |  | 8,232 |
Accrued compensation |  | 2,285 |  |  | 661 |  |  | 20 |  |  | 2,966 |
Short-term debt, net of debt issuance costs and discounts of $205 |  | 1,445 |  |  | — |  |  | — |  |  | 1,445 |
Other current liabilities |  | 911 |  |  | 231 |  |  | — |  |  | 1,142 |
Current liabilities held for disposal |  | — |  |  | 12,246 |  |  | 480 |  |  | 12,726 |
Total current liabilities |  | 5,672 |  |  | 39,968 |  |  | 766 |  |  | 46,406 |
Convertible notes, net of debt issuance costs and discounts of $1,827 |  | 3,873 |  |  | — |  |  | — |  |  | 3,873 |
Convertible note embedded derivative liability |  | 4,676 |  |  | — |  |  | — |  |  | 4,676 |
Warrant liability |  | 3,980 |  |  | — |  |  | — |  |  | 3,980 |
Total liabilities |  | 18,201 |  |  | 39,968 |  |  | 766 |  |  | 58,935 |
Stockholders' equity |  |  |  |  |  |  |  |
Preferred stock |  |  |  |  |  |  |  |
Series A convertible preferred stock at $0.0001 par value; 2,000,000 shares authorized, 100,000 issued and outstanding (liquidation preference of $1,000) |  | 100 |  |  | — |  |  | — |  |  | 100 |
Common stock |  |  |  |  |  |  |  |
$0.0001 par value: 200,000,000 shares authorized; 76,843,278 issued and 76,108,822 outstanding at March 31, 2018 |  | 10 |  |  | — |  |  | — |  |  | 10 |
Additional paid-in capital |  | 318,066 |  |  | — |  |  | — |  |  | 318,066 |
Treasury stock (754,599 shares at March 31, 2018) |  | (71 | ) |  | — |  |  | — |  |  | (71 | )
Accumulated other comprehensive loss |  | (15 | ) |  | (621 | ) |  | 311 |  |  | (325 | )
Accumulated deficit |  | (216,544 | ) |  | (70,716 | ) |  | (2,848 | ) |  | (290,108 | )
Total stockholders' equity |  | 101,546 |  |  | (71,337 | ) |  | (2,537 | ) |  | 27,672 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |  | $ | 119,747 |  |  | $ | (31,369 | ) |  | $ | (1,771 | ) |  | $ | 86,607 |
Condensed Statement of Operations and Comprehensive Loss | Consolidated Statement of Operations and Comprehensive Loss for the three months ended December 31, 2018 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Elimination |  | Consolidated Total
Net revenues |  | $ | — |  |  | $ | 54,843 |  |  | $ | 248 |  |  | $ | (24,680 | ) |  | $ | 30,411 |
Cost of revenues |  |  |  |  |  |  |  |  |  |
License fees and revenue share |  | — |  |  | 44,050 |  |  | (175 | ) |  | (24,680 | ) |  | 19,195 |
Other direct cost of revenues |  | — |  |  | 538 |  |  | — |  |  | — |  |  | 538 |
Total cost of revenues |  | — |  |  | 44,588 |  |  | (175 | ) |  | (24,680 | ) |  | 19,733 |
Gross profit |  | — |  |  | 10,255 |  |  | 423 |  |  | — |  |  | 10,678 |
Operating expenses |  |  |  |  |  |  |  |  |  |
Product development |  | 84 |  |  | 2,233 |  |  | 111 |  |  | — |  |  | 2,428 |
Sales and marketing |  | 121 |  |  | 1,635 |  |  | 206 |  |  | — |  |  | 1,962 |
General and administrative |  | 3,126 |  |  | 706 |  |  | — |  |  | — |  |  | 3,832 |
Total operating expenses |  | 3,331 |  |  | 4,574 |  |  | 317 |  |  | — |  |  | 8,222 |
Income / (loss) from operations |  | (3,331 | ) |  | 5,681 |  |  | 106 |  |  | — |  |  | 2,456 |
Interest and other income / (expense), net |  |  |  |  |  |  |  |  |  |
Interest expense |  | (118 | ) |  | (76 | ) |  | — |  |  | — |  |  | (194 | )
Foreign exchange transaction gain / (loss) |  | 1 |  |  | 2 |  |  | (5 | ) |  | — |  |  | (2 | )
Change in fair value of convertible note embedded derivative liability |  | (1,476 | ) |  | — |  |  | — |  |  | — |  |  | (1,476 | )
Change in fair value of warrant liability |  | (1,651 | ) |  | — |  |  | — |  |  | — |  |  | (1,651 | )
Loss on extinguishment of debt |  | (10 | ) |  | — |  |  | — |  |  | — |  |  | (10 | )
Other expense |  | (76 | ) |  | 34 |  |  | (1 | ) |  | — |  |  | (43 | )
Total interest and other income / (expense), net |  | (3,330 | ) |  | (40 | ) |  | (6 | ) |  | — |  |  | (3,376 | )
Income / (loss) from continuing operations before income taxes |  | (6,661 | ) |  | 5,641 |  |  | 100 |  |  | — |  |  | (920 | )
Income tax provision |  | 216 |  |  | — |  |  | — |  |  | — |  |  | 216 |
Net income / (loss) from continuing operations, net of taxes |  | (6,877 | ) |  | 5,641 |  |  | 100 |  |  | — |  |  | (1,136 | )
Loss from discontinued operations |  | — |  |  | (212 | ) |  | — |  |  | — |  |  | (212 | )
Net loss from discontinued operations, net of taxes |  | — |  |  | (212 | ) |  | — |  |  | — |  |  | (212 | )
Net income / (loss) |  | $ | (6,877 | ) |  | $ | 5,429 |  |  | $ | 100 |  |  | $ | — |  |  | $ | (1,348 | )
Other comprehensive loss |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment |  | — |  |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Comprehensive income / (loss) |  | $ | (6,877 | ) |  | $ | 5,424 |  |  | $ | 100 |  |  | $ | — |  |  | $ | (1,353 | )
Consolidated Statement of Operations and Comprehensive Loss for the nine months ended December 31, 2018 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Elimination |  | Consolidated Total
Net revenues |  | $ | — |  |  | $ | 139,536 |  |  | $ | 632 |  |  | $ | (63,791 | ) |  | $ | 76,377 |
Cost of revenues |  |  |  |  |  |  |  |  |  |
License fees and revenue share |  | — |  |  | 113,999 |  |  | 5 |  |  | (63,791 | ) |  | 50,213 |
Other direct cost of revenues |  | — |  |  | 1,553 |  |  | — |  |  | — |  |  | 1,553 |
Total cost of revenues |  | — |  |  | 115,552 |  |  | 5 |  |  | (63,791 | ) |  | 51,766 |
Gross profit |  | — |  |  | 23,984 |  |  | 627 |  |  | — |  |  | 24,611 |
Operating expenses |  |  |  |  |  |  |  |  |  |
Product development |  | 256 |  |  | 7,572 |  |  | 346 |  |  | — |  |  | 8,174 |
Sales and marketing |  | 479 |  |  | 4,626 |  |  | 606 |  |  | — |  |  | 5,711 |
General and administrative |  | 5,540 |  |  | 3,541 |  |  | 134 |  |  | — |  |  | 9,215 |
Total operating expenses |  | 6,275 |  |  | 15,739 |  |  | 1,086 |  |  | — |  |  | 23,100 |
Income / (loss) from operations |  | (6,275 | ) |  | 8,245 |  |  | (459 | ) |  | — |  |  | 1,511 |
Interest and other income / (expense), net |  |  |  |  |  |  |  |  |  |
Interest expense |  | (572 | ) |  | (76 | ) |  | — |  |  | — |  |  | (648 | )
Foreign exchange transaction gain / (loss) |  | 1 |  |  | 27 |  |  | (21 | ) |  | — |  |  | 7 |
Change in fair value of convertible note embedded derivative liability |  | 1,096 |  |  | — |  |  | — |  |  | — |  |  | 1,096 |
Change in fair value of warrant liability |  | 845 |  |  | — |  |  | — |  |  | — |  |  | 845 |
Loss on extinguishment of debt |  | (25 | ) |  | — |  |  | — |  |  | — |  |  | (25 | )
Other expense |  | 842 |  |  | (1,006 | ) |  | (5 | ) |  | — |  |  | (169 | )
Total interest and other income / (expense), net |  | 2,187 |  |  | (1,055 | ) |  | (26 | ) |  | — |  |  | 1,106 |
Income / (loss) from continuing operations before income taxes |  | (4,088 | ) |  | 7,190 |  |  | (485 | ) |  | — |  |  | 2,617 |
Income tax provision |  | 157 |  |  | — |  |  | — |  |  | — |  |  | 157 |
Net income / (loss) from continuing operations, net of taxes |  | (4,245 | ) |  | 7,190 |  |  | (485 | ) |  | — |  |  | 2,460 |
Income / (loss) from discontinued operations |  | (37 | ) |  | (1,584 | ) |  | 9 |  |  | — |  |  | (1,612 | )
Net income / (loss) from discontinued operations, net of taxes |  | (37 | ) |  | (1,584 | ) |  | 9 |  |  | — |  |  | (1,612 | )
Net income / (loss) |  | $ | (4,282 | ) |  | $ | 5,606 |  |  | $ | (476 | ) |  | $ | — |  |  | $ | 848 |
Other comprehensive loss |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment |  | — |  |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Comprehensive income / (loss) |  | $ | (4,282 | ) |  | $ | 5,601 |  |  | $ | (476 | ) |  | $ | — |  |  | $ | 843 |
Consolidated Statement of Operations and Comprehensive Loss for the three months ended December 31, 2017 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Elimination |  | Consolidated Total
Net revenues |  | $ | — |  |  | $ | 41,679 |  |  | $ | 222 |  |  | $ | (19,169 | ) |  | $ | 22,732 |
Cost of revenues |  |  |  |  |  |  |  |  |  |
License fees and revenue share |  | — |  |  | 33,995 |  |  | 61 |  |  | (19,169 | ) |  | 14,887 |
Other direct cost of revenues |  | — |  |  | 437 |  |  | — |  |  | — |  |  | 437 |
Total cost of revenues |  | — |  |  | 34,432 |  |  | 61 |  |  | (19,169 | ) |  | 15,324 |
Gross profit |  | — |  |  | 7,247 |  |  | 161 |  |  | — |  |  | 7,408 |
Operating expenses |  |  |  |  |  |  |  |  |  |
Product development |  | 2 |  |  | 3,057 |  |  | 61 |  |  | — |  |  | 3,120 |
Sales and marketing |  | 75 |  |  | 1,441 |  |  | 107 |  |  | — |  |  | 1,623 |
General and administrative |  | 3,682 |  |  | 347 |  |  | 123 |  |  | — |  |  | 4,152 |
Total operating expenses |  | 3,759 |  |  | 4,845 |  |  | 291 |  |  | — |  |  | 8,895 |
Income / (loss) from operations |  | (3,759 | ) |  | 2,402 |  |  | (130 | ) |  | — |  |  | (1,487 | )
Interest and other income / (expense), net |  |  |  |  |  |  |  |  |  |
Interest expense |  | (446 | ) |  | — |  |  | — |  |  | — |  |  | (446 | )
Foreign exchange transaction loss |  | — |  |  | 48 |  |  | 1 |  |  | — |  |  | 49 |
Change in fair value of convertible note embedded derivative liability |  | (1,658 | ) |  | — |  |  | — |  |  | — |  |  | (1,658 | )
Change in fair value of warrant liability |  | (898 | ) |  | — |  |  | — |  |  | — |  |  | (898 | )
Loss on extinguishment of debt |  | (285 | ) |  | — |  |  | — |  |  | — |  |  | (285 | )
Other income |  | 28 |  |  | (182 | ) |  | — |  |  | — |  |  | (154 | )
Total interest and other income / (expense), net |  | (3,259 | ) |  | (134 | ) |  | 1 |  |  | — |  |  | (3,392 | )
Income / (loss) from continuing operations before income taxes |  | (7,018 | ) |  | 2,268 |  |  | (129 | ) |  | — |  |  | (4,879 | )
Income tax provision |  | (88 | ) |  | 6 |  |  | (2 | ) |  | — |  |  | (84 | )
Net income / (loss) from continuing operations, net of taxes |  | (6,930 | ) |  | 2,262 |  |  | (127 | ) |  | — |  |  | (4,795 | )
Income / (loss) from discontinued operations |  | (87 | ) |  | 1,278 |  |  | (195 | ) |  | — |  |  | 996 |
Net income / (loss) from discontinued operations, net of taxes |  | (87 | ) |  | 1,278 |  |  | (195 | ) |  | — |  |  | 996 |
Net income / (loss) |  | $ | (7,017 | ) |  | $ | 3,540 |  |  | $ | (322 | ) |  | $ | — |  |  | $ | (3,799 | )
Comprehensive income / (loss) |  | $ | (7,017 | ) |  | $ | 3,540 |  |  | $ | (322 | ) |  | $ | — |  |  | $ | (3,799 | )
Consolidated Statement of Operations and Comprehensive Loss for the nine months ended December 31, 2017 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Elimination |  | Consolidated Total
Net revenues |  | — |  |  | 97,772 |  |  | 739 |  |  | (44,721 | ) |  | 53,790 |
Cost of revenues |  |  |  |  |  |  |  |  |  |
License fees and revenue share |  | — |  |  | 78,899 |  |  | 166 |  |  | (44,721 | ) |  | 34,344 |
Other direct cost of revenues |  | — |  |  | 1,276 |  |  | — |  |  |  |  | 1,276 |
Total cost of revenues |  | — |  |  | 80,175 |  |  | 166 |  |  | (44,721 | ) |  | 35,620 |
Gross profit |  | — |  |  | 17,597 |  |  | 573 |  |  | — |  |  | 18,170 |
Operating expenses |  |  |  |  |  |  |  |  |  |
Product development |  | 14 |  |  | 7,430 |  |  | 91 |  |  | — |  |  | 7,535 |
Sales and marketing |  | 249 |  |  | 3,566 |  |  | 229 |  |  | — |  |  | 4,044 |
General and administrative |  | 8,327 |  |  | 2,417 |  |  | 317 |  |  | — |  |  | 11,061 |
Total operating expenses |  | 8,590 |  |  | 13,413 |  |  | 637 |  |  | — |  |  | 22,640 |
Income / (loss) from operations |  | (8,590 | ) |  | 4,184 |  |  | (64 | ) |  | — |  |  | (4,470 | )
Interest and other income / (expense), net |  |  |  |  |  |  |  |  |  |
Interest expense |  | (1,815 | ) |  | — |  |  | — |  |  | — |  |  | (1,815 | )
Foreign exchange transaction loss |  | — |  |  | (62 | ) |  | 1 |  |  | — |  |  | (61 | )
Change in fair value of convertible note embedded derivative liability |  | (6,310 | ) |  | — |  |  | — |  |  | — |  |  | (6,310 | )
Change in fair value of warrant liability |  | (2,526 | ) |  | — |  |  | — |  |  | — |  |  | (2,526 | )
Loss on extinguishment of debt |  | (1,167 | ) |  | — |  |  | — |  |  | — |  |  | (1,167 | )
Other income |  | 7 |  |  | (80 | ) |  | — |  |  | — |  |  | (73 | )
Total interest and other income / (expense), net |  | (11,811 | ) |  | (142 | ) |  | 1 |  |  | — |  |  | (11,952 | )
Income / (loss) from continuing operations before income taxes |  | (20,401 | ) |  | 4,042 |  |  | (63 | ) |  | — |  |  | (16,422 | )
Income tax provision |  | (941 | ) |  | 6 |  |  | (2 | ) |  | — |  |  | (937 | )
Net income / (loss) from continuing operations, net of taxes |  | (19,460 | ) |  | 4,036 |  |  | (61 | ) |  | — |  |  | (15,485 | )
Income / (loss) from discontinued operations |  | (160 | ) |  | 1,854 |  |  | (641 | ) |  | — |  |  | 1,053 |
Net income / (loss) from discontinued operations, net of taxes |  | (160 | ) |  | 1,854 |  |  | (641 | ) |  | — |  |  | 1,053 |
Net income / (loss) |  | (19,620 | ) |  | 5,890 |  |  | (702 | ) |  | — |  |  | (14,432 | )
Other comprehensive income / (loss) |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustment |  | — |  |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Comprehensive income / (loss) |  | (19,620 | ) |  | 5,885 |  |  | (702 | ) |  | — |  |  | (14,437 | )
Condensed Statement of Cash Flows | Consolidated Statement of Cash Flows for the nine months ended December 31, 2018 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated Total
Cash flows from operating activities |  |  |  |  |  |  |  |
Net income / (loss) from continuing operations, net of taxes |  | $ | (4,245 | ) |  | $ | 7,190 |  |  | $ | (485 | ) |  | $ | 2,460 |
Adjustments to reconcile net income / (loss) from continuing operations to net cash used in operating activities: |  |  |  |  |  |  |  |
Depreciation and amortization |  | 26 |  |  | 2,114 |  |  | 5 |  |  | 2,145 |
Change in allowance for doubtful accounts |  | — |  |  | 390 |  |  | 35 |  |  | 425 |
Amortization of debt discount and debt issuance costs |  | 251 |  |  | — |  |  | — |  |  | 251 |
Stock-based compensation |  | 1,416 |  |  | — |  |  | — |  |  | 1,416 |
Stock-based compensation for services rendered |  | 365 |  |  | — |  |  | — |  |  | 365 |
Change in fair value of convertible note embedded derivative liability |  | (1,096 | ) |  | — |  |  | — |  |  | (1,096 | )
Change in fair value of warrant liability |  | (845 | ) |  | — |  |  | — |  |  | (845 | )
Loss on extinguishment of debt |  | 25 |  |  | — |  |  | — |  |  | 25 |
(Increase) / decrease in assets: |  |  |  |  |  |  |  |
Accounts receivable |  | — |  |  | (8,184 | ) |  | 558 |  |  | (7,626 | )
Deposits |  | — |  |  | — |  |  | (10 | ) |  | (10 | )
Deferred tax assets |  | 157 |  |  | — |  |  | — |  |  | 157 |
Prepaid expenses and other current assets |  | (27 | ) |  | (396 | ) |  | (128 | ) |  | (551 | )
Increase / (decrease) in liabilities: |  |  |  |  |  |  |  |
Accounts payable |  | (356 | ) |  | 3,258 |  |  | (245 | ) |  | 2,657 |
Accrued license fees and revenue share |  | — |  |  | 3,419 |  |  | (161 | ) |  | 3,258 |
Accrued compensation |  | (1,331 | ) |  | (26 | ) |  | 12 |  |  | (1,345 | )
Accrued interest |  | 107 |  |  | — |  |  | — |  |  | 107 |
Other current liabilities |  | 5,612 |  |  | (5,399 | ) |  | 468 |  |  | 681 |
Other non-current liabilities |  | 116 |  |  | (61 | ) |  | — |  |  | 55 |
Cash provided by operating activities - continuing operations |  | 175 |  |  | 2,305 |  |  | 49 |  |  | 2,529 |
Cash used in operating activities - discontinued operations |  | — |  |  | (3,075 | ) |  | (361 | ) |  | (3,436 | )
Net cash provided by / (used in) operating activities |  | 175 |  |  | (770 | ) |  | (312 | ) |  | (907 | )
Cash flows from investing activities |  |  |  |  |  |  |  |
Capital expenditures |  | (533 | ) |  | (1,248 | ) |  | — |  |  | (1,781 | )
Net cash used in investing activities |  | (533 | ) |  | (1,248 | ) |  | — |  |  | (1,781 | )
Cash flows from financing activities |  |  |  |  |  |  |  |
Options exercised |  | 223 |  |  | — |  |  | — |  |  | 223 |
Repayment of debt obligations |  | (50 | ) |  | — |  |  | — |  |  | (50 | )
Net cash provided by financing activities |  | 173 |  |  | — |  |  | — |  |  | 173 |
Effect of exchange rate changes on cash |  | — |  |  | (5 | ) |  | — |  |  | (5 | )
Net change in cash |  | (185 | ) |  | (2,023 | ) |  | (312 | ) |  | (2,520 | )
Cash and restricted cash, beginning of period |  | 657 |  |  | 11,975 |  |  | 419 |  |  | 13,051 |
Cash and restricted cash, end of period |  | $ | 472 |  |  | $ | 9,952 |  |  | $ | 107 |  |  | $ | 10,531 |
Consolidated Statement of Cash Flows for the nine months ended December 31, 2017 (Unaudited) (in thousands, except par value and share amounts)
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated Total
Cash flows from operating activities |  |  |  |  |  |  |  |
Net income / (loss) from continuing operations, net of taxes |  | $ | (19,460 | ) |  | $ | 4,036 |  |  | $ | (61 | ) |  | $ | (15,485 | )
Adjustments to reconcile net income / (loss) from continuing operations to net cash used in operating activities: |  |  |  |  |  |  |  |
Depreciation and amortization |  | — |  |  | 1,344 |  |  | 614 |  |  | 1,958 |
Amortization of debt discount and debt issuance costs |  | 875 |  |  | — |  |  | — |  |  | 875 |
Change in allowance for doubtful accounts |  | — |  |  | 246 |  |  | (15 | ) |  | 231 |
Stock-based compensation |  | 2,136 |  |  | — |  |  | — |  |  | 2,136 |
Stock-based compensation for services rendered |  | 223 |  |  | — |  |  | — |  |  | 223 |
Change in fair value of convertible note embedded derivative liability |  | 6,310 |  |  | — |  |  | — |  |  | 6,310 |
Change in fair value of warrant liability |  | 2,526 |  |  | — |  |  | — |  |  | 2,526 |
Loss on extinguishment of debt |  | 1,167 |  |  | — |  |  | — |  |  | 1,167 |
(Increase) / decrease in assets: |  |  |  |  |  |  |  |
Accounts receivable |  | — |  |  | (12,951 | ) |  | 244 |  |  | (12,707 | )
Deposits |  | (34 | ) |  | 4 |  |  | (4 | ) |  | (34 | )
Deferred tax assets |  | (241 | ) |  | (3 | ) |  | — |  |  | (244 | )
Prepaid expenses and other current assets |  | (50 | ) |  | 8 |  |  | (11 | ) |  | (53 | )
Increase / (decrease) in liabilities: |  |  |  |  |  |  |  |
Accounts payable |  | (232 | ) |  | 7,284 |  |  | (19 | ) |  | 7,033 |
Accrued license fees and revenue share |  | — |  |  | 3,525 |  |  | 149 |  |  | 3,674 |
Accrued compensation |  | 2,026 |  |  | 325 |  |  | 4 |  |  | 2,355 |
Accrued interest |  | 165 |  |  | — |  |  | — |  |  | 165 |
Other current liabilities |  | 3,630 |  |  | (3,047 | ) |  | (450 | ) |  | 133 |
Other non-current liabilities |  | (674 | ) |  | 46 |  |  | — |  |  | (628 | )
Cash provided by / (used in) operating activities - continuing operations |  | (1,633 | ) |  | 817 |  |  | 451 |  |  | (365 | )
Cash provided by / (used in) operating activities - discontinued operations |  | — |  |  | 1,243 |  |  | (392 | ) |  | 851 |
Net cash provided by / (used in) operating activities |  | (1,633 | ) |  | 2,060 |  |  | 59 |  |  | 486 |
Cash flows from investing activities |  |  |  |  |  |  |  |
Capital expenditures |  | (13 | ) |  | (1,202 | ) |  | (5 | ) |  | (1,220 | )
Cash used in investing activities - continuing operations |  | (13 | ) |  | (1,202 | ) |  | (5 | ) |  | (1,220 | )
Cash used in investing activities - discontinued operations |  | — |  |  | (92 | ) |  | — |  |  | (92 | )
Net cash used in investing activities |  | (13 | ) |  | (1,294 | ) |  | (5 | ) |  | (1,312 | )
Cash flows from financing activities |  |  |  |  |  |  |  |
Proceeds from short-term borrowings |  | 2,500 |  |  | — |  |  | — |  |  | 2,500 |
Payment of debt issuance costs |  | (346 | ) |  | — |  |  | — |  |  | (346 | )
Options exercised |  | 259 |  |  | — |  |  | — |  |  | 259 |
Repayment of debt obligations |  | (848 | ) |  | — |  |  | — |  |  | (848 | )
Net cash provided by financing activities |  | 1,565 |  |  | — |  |  | — |  |  | 1,565 |
Effect of exchange rate changes on cash |  | (1 | ) |  | (5 | ) |  | 1 |  |  | (5 | )
Net change in cash |  | (82 | ) |  | 761 |  |  | 55 |  |  | 734 |
Cash and restricted cash, beginning of period |  | 414 |  |  | 5,508 |  |  | 558 |  |  | 6,480 |
Cash and restricted cash, end of period |  | $ | 332 |  |  | $ | 6,269 |  |  | $ | 613 |  |  | $ | 7,214 |

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