XML 38 R23.htm IDEA: XBRL DOCUMENT v3.22.2
Stockholders’ Equity (Deficit) (Tables)
12 Months Ended
Mar. 31, 2022
Stockholders' Equity Note [Abstract]  
Schedule of analysis of option activity
As of March 31, 2022
Range of Prices   Options Outstanding     Weighted Average Remaining Life in Years     Weighted Average Exercise Price     Aggregate Intrinsic Value
(In thousands)
 
$7.40      5,000       3.25     $  7.40     $            —  
$14.00 - $24.40     212,337       1.50       14.65        
 
 
  217,337                     $  

 

Options Exercisable     Weighted Average
Remaining Life in Years
    Weighted Average
Exercise Price
    Aggregate Intrinsic Value
(In thousands)
 
  217,337       1.54     $ 14.49        

 

Schedule of stock appreciation rights outstanding
As of March 31, 2022  
Range of Prices     SARs Outstanding     Weighted Average Remaining Life in Years     Weighted Average Exercise Price     Aggregate Intrinsic Value
(In thousands)
 
  $0.54 - $0.74       5,550,000       8.74     $ 0.62     $ 1,208  
  $1.16 - $1.47       2,283,610       7.90       1.37        
  $1.71 - $2.10       2,455,738       8.91       1.97        
  $2.23 - $2.56       604,250       9.60       2.32        
          10,893,598                     $ 1,208  

 

SAR Exercisable     Weighted Average
Remaining Life in Years
    Weighted Average
Exercise Price
    Aggregate Intrinsic Value
(In thousands)
 
  2,521,323       7.01     $ 1.14       158  

 

Schedule of SARs outstanding
   Year
Ended
March 31,
2022
 
SARs Outstanding March 31, 2021   9,154,933 
Issued   2,025,250 
Forfeited   (286,585)
Total SARs Outstanding March 31, 2022   10,893,598 

 

Schedule of activity for performance stock unit awards
    Shares     Weighted Average Grant Date Fair Value  
Unvested balance at April 1, 2021    
-
    $
 
 
Granted     1,317,554     $ 1.25  
Vested     (621,275 )   $ 1.25  
Unvested balance at March 31, 2022     696,280     $ 1.25  

 

Schedule of stock-based compensation expense
   Year Ended
March 31,
 
(In thousands)  2022   2021 
Selling, general and administrative  $5,487   $2,892 
   $5,487   $2,892 

 

Schedule of warrants
Recipient  Amount
outstanding
   Expiration   Exercise price
per share
 
5-year Warrant issued to Bison Entertainment and Media Group(“ BEMG”) in connection with a term loan agreement   1,400,000    December 2022   $1.80