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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of cash, cash equivalents and restricted cash
   As of 
(in thousands)  March 31,
2022		   March 31,
2021		 
Cash and Cash Equivalents  $13,062   $16,849 
Restricted Cash   
-
    1,000 
   $13,062   $17,849 

 
Schedule of estimated useful lives of property and equipment
Computer equipment and software   3 - 5 years 
Internal use software   5 years 
Digital cinema projection systems   10 years 
Machinery and equipment   3 - 10 years 
Furniture and fixtures   3 - 6 years 

 
Schedule of amortization expense
Trademark   3 years 
Content Library   3 – 20 years 
Customer Relationships   5 – 13 years 
Tradename   2 – 15 years 
Theatre Relationship   12 years 
Patents   3 years 
Supplier Agreements   2 years 
Intangible Assets   3-4 years 
Software     10 years 

 
Schedule of intangible assets
   Cost Basis   Accumulated
Amortization		  

 

Impairment

   Net 
Trademark  $1,925   $(776)  $
-
    1,149 
Content Library   23,685    (20,665)   
-
    3,020 
Customer Relationships   10,658    (7,327)   (1,968)   1,363 
Tradename   2,101    (525)   
-
    1,576 
Theatre Relationship   550    (550)   
-
    
-
 
Patents   17    (17)   
-
    
-
 
Supplier Agreements   11,430    (11,384)   
-
    46 
Intangible Assets   10,081    (161)   
-
    9,920 
Software   3,200    (240)   
-
    2,960 
Total Intangible Assets  $63,647   $(41,645)  $(1,968)   20,034 

   Cost Basis   Accumulated
Amortization		  

 

Impairment

   Net 
Trademark  $2,839   $(382)  $
         -
    2,457 
Content Library   23,148    (20,272)   
-
    2,876 
Customer Relationships   22,137    (17,610)   
-
    4,527 
Theatre Relationship   550    (550)   
-
    
-
 
Total Intangible Assets  $48,674   $(38,814)  $
-
    9,860 

 
Schedule of amortization expense for intangible assets
    Total  
2023   $ 2,734  
2024     2,562  
2025     1,730  
2026     1,651  
2027     1,651  
Thereafter     9,706  
Total   $ 20,034  

 
Schedule of fair value measurements of our financial assets and liabilities
(in thousands)  Level 1   Level 2   Level 3   Total 
Assets:                
Equity investment in Metaverse, at fair value  $7,028   $
—
   $
—
   $7,028 
   $7,028   $
—
   $
—
   $7,028 
                     
Liabilities:                    
Current portion of earnout consideration on purchase of a business  $
—
   $
—
   $1,081   $1,081 
Long term portion of earnout consideration on purchase of a business   —    —    603    603 
   $
—
   $
—
   $1,684   $1,684 

 

(in thousands)  Level 1   Level 2   Level 3   Total 
Restricted cash  $1,000   $
    —
   $
    —
   $1,000 
Equity investment in Metaverse, at fair value   6,443    
—
    
—
    6,443 
   $7,443   $
—
   $
—
   $7,443 

 
Schedule of goodwill and accumulated impairment charges
(In thousands)    
Goodwill at March 31, 2021  $8,701 
Goodwill from business combinations – see Note 4   12,383 
Goodwill at March 31, 2022  $21,084 

 
Schedule of accounts payable and accrued expenses
   As of 
(In thousands)  March 31,
2022		   March 31,
2021		 
Accounts payable  $34,177   $30,111 
Amounts due to producers, net   10,430    10,557 
Accrued compensation and benefits   3,507    2,995 
Accrued taxes (refund) payable   (78)   (99)
Interest payable   
-
    10 
Accrued other expenses   3,989    3,053 
Total accounts payable and accrued expenses  $52,025   $46,627 

 
Schedule of prepaid and other current assets
   As of 
(In thousands)  March 31,
2022		   March 31,
2021		 
Non-trade accounts receivable  $826   $413 
Advances   2,117    1,841 
Due from producers   1,861    589 
Prepaid insurance   169    409 
Other prepaid expenses   820    405 
Total prepaid and other current assets  $5,793   $3,657 

 
Schedule of revenue categories
   Year Ended
March 31,		 
   2022   2021 
Cinema Equipment Business:        
Phase I Deployment  $654   $552 
Phase II Deployment   4,810    1,531 
Services   1,428    539 
Digital System Sales   11,267    600 
Total Cinema Equipment Business revenue  $18,159   $3,222 
           
Content & Entertainment Business:          
Physical Goods  $10,447   $10,230 
OTT Streaming and Digital   27,448    17,967 
Total Content & Entertainment Business revenue  $37,895   $28,197