CONSOLIDATED BALANCE SHEET COMPONENTS

ACCOUNTS RECEIVABLE

Accounts receivable, net consisted of the following:



	As of March 31,
(In thousands)	2020			2019
Trade receivables	$	40,073		$	40,039
Allowance for doubtful accounts	(5,288		)	(4,529		)
Total accounts receivable, net	$	34,785		$	35,510

PREPAID AND OTHER CURRENT ASSETS

Prepaid and other current assets consisted of the following:



	As of March 31,
(In thousands)	2020		2019
Non-trade accounts receivable, net	$	509	$	2,658
Advances	7,240		4,051
Due from producers	1,009		687
Prepaid insurance	336		419
Other prepaid expenses	315		673
Total prepaid and other current assets	$	9,409	$	8,488

PROPERTY AND EQUIPMENT

Property and equipment, net consisted of the following:



	As of March 31,
(In thousands)	2020			2019
Leasehold improvements	$	183		$	231
Computer equipment and software	1,051			1,096
Software development costs	3,950			3,034
Internal use software in process	1,212			1,361
Digital cinema projection systems	324,760			336,471
Machinery and equipment	437			490
Furniture and fixtures	24			146
	331,617			342,829
Less - accumulated depreciation and amortization	(323,650		)	(328,782		)
Total property and equipment, net	$	7,967		$	14,047

Total depreciation and amortization of property and equipment was $6.6 million and $8.1 million for the years ended March 31, 2020 and 2019, respectively.

INTANGIBLE ASSETS

Intangible assets, net consisted of the following:



	As of March 31, 2020
(In thousands)	Gross Carrying Amount		Accumulated Amortization			Net Amount		Useful Life (years)
Trademarks	$	271	$	(259	)	$	12	3
Customer relationships and contracts	21,968		(15,473		)	6,495		3-15
Theatre relationships	550		(527		)	23		10-12
Content library	20,420		(20,026		)	394		3-6
	$	43,209	$	(36,285	)	$	6,924



	As of March 31, 2019
(In thousands)	Gross Carrying Amount		Accumulated Amortization			Net Amount		Useful Life (years)
Trademarks	$	271	$	(252	)	$	19	3
Customer relationships and contracts	21,969		(13,366		)	8,603		3-15
Theatre relationships	550		(481		)	69		10-12
Content library	20,410		(19,415		)	995		5-6
	$	43,200	$	(33,514	)	$	9,686

Amortization expense related to intangible assets was $2.8 million and $5.6 million for the years ended March 31, 2020 and 2019, respectively.

Based on identified intangible assets that are subject to amortization as of March 31, 2020, we expect future amortization expense for each period to be as follows:




(In thousands) Fiscal years ending March 31,
2021	$	2,354
2022	1,287
2023	650
2024	645
2025	645
Thereafter	1,343
Total	$	6,924

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:



	As of March 31,
(In thousands)	2020		2019
Accounts payable	$	50,708	$	38,393
Participations and royalties payable	19,599		22,611
Accrued compensation and benefits	1,237		3,098
Accrued taxes payable	453		322
Interest payable	954		96
Accrued other expenses	4,134		4,187
Total accounts payable and accrued expenses	$	77,085	$	68,707