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Business Combinations (Tables)
 12 Months Ended
Mar. 31, 2019
Slacker Inc [Member]  
Business Acquisition [Line Items]  
Summary of fair value of the assets acquired
Consideration  Fair Value 
Cash  $2,525 
Less cash acquired   (113)
Net cash consideration   2,412 
Equity at fair value   26,167 
Net consideration  $28,579 

 

Asset Type  Fair Value 
Restricted cash  $150 
Accounts receivable   3,339 
Prepaid expense and other assets   254 
Deferred cost of sales   458 
Property and equipment   400 
Trademarks/trade names   4,637 
Intellectual property   5,366 
Customer relationships   6,570 
Software   19,280 
Goodwill   9,672 
Deferred tax asset   1,181 
Allowance for deferred tax asset   (1,181)
Assumed current portion of long-term debt   (3,907)
Assumed current liabilities   (17,640)
Net consideration  $28,579 
Schedule of changes in purchase price allocation
Consideration  Final Fair Value   Preliminary Fair Value*   Change** 
Cash  $2,525   $2,525   $- 
Less cash acquired   (113)   (113)   - 
Net cash consideration   2,412    2,412    - 
Equity at fair value   26,167    31,911    (5,744)
Net consideration  $28,579   $34,323   $(5,744)

 

   Final Allocation   Preliminary Allocation*   Change** 
Restricted cash  $150   $150   $- 
Accounts receivable   3,339    3,339    - 
Prepaid expense and other assets   254    254    - 
Deferred cost of sales   458    458    - 
Property and equipment   400    400    - 
Trademarks/tradenames   4,637    11,436    (6,799)
Intellectual property   5,366    8,454    (3,088)
Customer relationships   6,570    6,618    (48)
Software   19,280    19,384    (104)
Goodwill   9,672    5,377    4,295 
Deferred tax asset   1,181    1,523    (342)
Allowance for deferred tax asset   (1,181)   (1,523)   342 
Assumed current portion of long-term debt   (3,907)   (3,907)   - 
Assumed current liabilities   (17,640)   (17,640)   - 
Net consideration  $28,579   $34,323   $(5,744)

 

(* Preliminary fair values recorded as of March 31, 2018.

**The fair value of equity consideration was changed by $5.7 million to reflect the lack of marketability from an 18-month lockout period. Changes in values of Tradenames and Intellectual property due to finalization of royalty rates.)
Summary of revenues and net loss
   Year Ended
March 31,		 
   2018 
Revenues  $29,402 
Net Loss   (35,470)
Wantickets [Member]  
Business Acquisition [Line Items]  
Summary of fair value of the assets acquired
Asset Type  Fair Value 
Property and Equipment  $109 
Trademark / Trade Name   431 
Software   1,004 
Customer Relationships   369 
Domain Names   106 
Goodwill   1,321 
Purchase Consideration  $3,340