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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net loss $ (38,927) $ (37,762)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 8,020 7,387
Interest paid in kind 29  
Beneficial conversion feature on paid in kind interest   147
Common stock issued for services 4,423 3,557
Stock-based compensation 7,604 9,215
Change in fair value of bifurcated embedded derivatives 14 323
Amortization of debt discount 824 986
Deferred income taxes (103) 211
Gain on bargain purchase (511)
Changes in operating assets and liabilities:    
Accounts receivable 525 (1,324)
Prepaid expenses and other current assets 50 625
Deferred revenue (1) (96)
Accounts payable and accrued liabilities 13,159 10,960
Net cash used in operating activities (4,894) (5,771)
Cash Flows from Investing Activities:    
Cash acquired in acquisition of React Presents 138
Purchases of property and equipment (2,575) (2,532)
Net cash used in investing activities (2,437) (2,532)
Cash Flows from Financing Activities:    
Net proceeds from senior secured convertible debentures 13,000
Repayment of senior secured convertible debentures payable (2,984) (731)
Senior secured convertible debenture issuance costs (482)
Repayment of bank debt (3,515)
Net proceeds from public offering 9,523
Senior secured convertible debenture amendment costs (710)
Net cash provided by financing activities 5,829 8,272
Net decrease in cash, cash equivalents and restricted cash (1,502) (31)
Cash, cash equivalents and restricted cash, beginning of period 13,939 13,970
Cash, cash equivalents and restricted cash, end of period 12,437 13,939
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 17 4
Cash paid for interest 1,517 981
Supplemental disclosure of non-cash investing and financing activities:    
Conversion features recorded as debt discount 130 216
Bifurcated embedded derivative recognized on issuance of senior secured convertible debentures 263
Fair value of options issued to employees, capitalized as internally-developed software 378 665
Common stock issued upon conversion of notes payable 1,181
Common stock issued to senior secured convertible debenture holders 560
Fair value of promissory note issued in React Presents acquisition 1,541
Purchase price adjustment to fair value of shares issued for Slacker acquisition $ (5,744)