XML 58 R24.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Discontinued Operations (Tables) | 9 Months Ended
--- | ---
Dec. 31, 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 in the accompanying Consolidated Statements of Operations and Comprehensive Income / (Loss): Condensed Statements of Operations and Comprehensive Income / (Loss) For Discontinued Operations (in thousands, except per share amounts) (Unaudited)
|  | Three months ended December 31, |  | Nine months ended December 31,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Net revenues |  | $ | — |  |  | $ | 3 |  |  | $ | — |  |  | $ | 3,880 |
Total cost of revenues |  | (102 | ) |  | — |  |  | (102 | ) |  | 3,070 |
Gross profit |  | 102 |  |  | 3 |  |  | 102 |  |  | 810 |
Product development |  | — |  |  | 37 |  |  | 62 |  |  | 703 |
Sales and marketing |  | — |  |  | 7 |  |  | — |  |  | 350 |
General and administrative |  | 37 |  |  | 160 |  |  | 122 |  |  | 1,212 |
Income / (loss) from operations |  | 65 |  |  | (201 | ) |  | (82 | ) |  | (1,455 | )
Interest and other income / (expense), net |  | — |  |  | (11 | ) |  | (89 | ) |  | (157 | )
Income / (loss) from discontinued operations before income taxes |  | 65 |  |  | (212 | ) |  | (171 | ) |  | (1,612 | )
Income / (loss) from discontinued operations, net of taxes |  | 65 |  |  | (212 | ) |  | (171 | ) |  | (1,612 | )
Comprehensive income / (loss) |  | $ | 65 |  |  | $ | (212 | ) |  | $ | (171 | ) |  | $ | (1,612 | )
Basic and diluted net income / (loss) per common share |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (0.02 | )
Weighted-average common shares outstanding, basic |  | 85,876 |  |  | 77,645 |  |  | 83,869 |  |  | 76,977 |
Weighted-average common shares outstanding, diluted |  | 92,472 |  |  | 77,645 |  |  | 89,759 |  |  | 79,371 |
Details on assets and liabilities classified as held-for-disposal in the accompanying consolidated balance sheets are presented in the following table:
|  | December 31, 2019 |  | March 31, 2019
|  | (Unaudited) |  |
Assets held for disposal |  |  |  |
Accounts receivable, net of allowances of $1,542 and $1,589, respectively |  | $ | 1,525 |  |  | $ | 1,883 |
Property and equipment, net |  | 2 |  |  | 143 |
Total assets held for disposal |  | $ | 1,527 |  |  | $ | 2,026 |
Liabilities held for disposal |  |  |  |
Accounts payable |  | $ | 2,926 |  |  | $ | 3,158 |
Accrued license fees and revenue share |  | 335 |  |  | 537 |
Accrued compensation |  | 170 |  |  | 226 |
Other current liabilities |  | — |  |  | 3 |
Total liabilities held for disposal |  | $ | 3,431 |  |  | $ | 3,924 |
Assets and liabilities held for disposal as of December 31, 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:
|  | Nine months ended December 31,
|  | 2019 |  | 2018
|  | (Unaudited) |  | (Unaudited)
Cash flows from operating activities |  |  |  |
Net loss from discontinued operations, net of taxes |  | $ | (171 | ) |  | $ | (1,612 | )
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |
Depreciation and amortization |  | 19 |  |  | 247 |
Impairment of goodwill |  | — |  |  | 309 |
Change in allowance for doubtful accounts |  | (47 | ) |  | (380 | )
Loss on disposal of fixed assets |  | 104 |  |  | — |
Stock-based compensation |  | — |  |  | 37 |
(Increase) / decrease in assets: |  |  |  |
Accounts receivable |  | 405 |  |  | 5,164 |
Prepaid expenses and other current assets |  | — |  |  | 95 |
Increase / (decrease) in liabilities: |  |  |  |
Accounts payable |  | (232 | ) |  | (4,675 | )
Accrued license fees and revenue share |  | (202 | ) |  | (1,991 | )
Accrued compensation |  | (56 | ) |  | (302 | )
Other current liabilities |  | 35 |  |  | (328 | )
Cash used in operating activities |  | (145 | ) |  | (3,436 | )
Cash used in discontinued operations |  | $ | (145 | ) |  | $ | (3,436 | )

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration