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Business Combinations (Tables)
 12 Months Ended
Mar. 31, 2020
React Presents [Member]  
Business Acquisition [Line Items]  
Summary of fair value of the assets acquired
Asset Type  Fair Value 
Cash  $138 
Accounts receivable   101 
Prepaid expense and other assets   37 
Property and equipment   17 
Brands names   1,500 
Non-compete agreement   250 
Fan database   230 
Accounts payable and accrued liabilities   (221)
Deferred tax liability   (107)
Gain on bargain purchase, net of tax   (404)
Net assets acquired  $1,541 
Summary of revenues and net loss
  

Year Ended March 31,

(unaudited)

 
   2020   2019 
         
Revenues  $52,727   $51,609 
Net loss   (42,476)   (40,662)
Net loss per share – basic and diluted   (0.76)   (0.78)
Slacker [Member]  
Business Acquisition [Line Items]  
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.)