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Discontinued Operations (Tables) | 3 Months Ended
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Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Financial Results of Discontinued Operations | 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) (Unaudited)
|  | Three months ended June 30,
|  | 2019 |  | 2018
Net revenues |  | $ | — |  |  | $ | 3,870 |
Total cost of revenues |  | — |  |  | 3,074 |
Gross profit |  | — |  |  | 796 |
Product development |  | 33 |  |  | 571 |
Sales and marketing |  | — |  |  | 227 |
General and administrative |  | 62 |  |  | 910 |
Loss from operations |  | (95 | ) |  | (912 | )
Interest and other income / (expense), net |  | (53 | ) |  | (132 | )
Loss from discontinued operations before income taxes |  | (148 | ) |  | (1,044 | )
Loss from discontinued operations, net of taxes |  | $ | (148 | ) |  | $ | (1,044 | )
Comprehensive loss |  | $ | (148 | ) |  | $ | (1,044 | )
Basic and diluted net loss per common share |  | — |  |  | (0.01 | )
Weighted-average common shares outstanding, basic and diluted |  | 81,814 |  |  | 76,204 |
Details on assets and liabilities classified as held-for-disposal in the accompanying consolidated balance sheets are presented in the following table:
|  | June 30, 2019 |  | March 31, 2019
|  | (Unaudited) |  |
Assets held for disposal |  |  |  |
Accounts receivable, net of allowances of $1,559 and $1,589, respectively |  | $ | 1,813 |  |  | $ | 1,883 |
Property and equipment, net |  | 4 |  |  | 143 |
Current assets held for disposal |  | 1,817 |  |  | 2,026 |
Total assets held for disposal |  | $ | 1,817 |  |  | $ | 2,026 |
Liabilities held for disposal |  |  |  |
Accounts payable |  | $ | 2,981 |  |  | $ | 3,158 |
Accrued license fees and revenue share |  | 467 |  |  | 537 |
Accrued compensation |  | 206 |  |  | 226 |
Other current liabilities |  | — |  |  | 3 |
Current liabilities held for disposal |  | 3,654 |  |  | 3,924 |
Total liabilities held for disposal |  | $ | 3,654 |  |  | $ | 3,924 |
Assets and liabilities held for disposal as of June 30, 2019 and March 31, 2019 are classified as current since we expect the dispositions to be completed within one year. The following table provides reconciling cash flow information for our discontinued operations:
|  | Three months ended June 30,
|  | 2019 |  | 2018
|  | (Unaudited) |  | (Unaudited)
Cash flows from operating activities |  |  |  |
Net loss from discontinued operations, net of taxes |  | $ | (148 | ) |  | $ | (1,044 | )
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |
Depreciation and amortization |  | 19 |  |  | 155 |
Change in allowance for doubtful accounts |  | (30 | ) |  | (310 | )
Loss on disposal of fixed assets |  | 103 |  |  | — |
Stock-based compensation |  | — |  |  | 37 |
(Increase) / decrease in assets: |  |  |  |
Accounts receivable |  | 100 |  |  | 4,533 |
Goodwill |  | — |  |  | 309 |
Prepaid expenses and other current assets |  | — |  |  | (214 | )
Increase / (decrease) in liabilities: |  |  |  |
Accounts payable |  | (155 | ) |  | (4,265 | )
Accrued license fees and revenue share |  | (96 | ) |  | (613 | )
Accrued compensation |  | (20 | ) |  | 330 |
Other current liabilities |  | (3 | ) |  | (142 | )
Cash used in operating activities |  | (230 | ) |  | (1,224 | )
Cash flows from investing activities |  |  |  |
Capital expenditures |  | — |  |  | (41 | )
Cash used in investing activities |  | — |  |  | (41 | )
Cash used in discontinued operations |  | $ | (230 | ) |  | $ | (1,265 | )

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