XML 43 R9.htm IDEA: XBRL DOCUMENT

Revenue

12 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Note 3 — Revenue

The following table represents a disaggregation of revenue from contracts with customers for the years ended March 31, 2020 and 2019 (in thousands):

		Year Ended March 31,
		2020				2019
Revenue
Subscription services		$	35,904			$	30,398
Advertising			2,167				2,904
Licensing			301				399
Ticket/Event			287				-
Total Revenue		$	38,659			$	33,701

For some contracts, the Company may invoice up front for services recognized over time or for contracts in which the Company has unsatisfied performance obligations. Payment terms and conditions vary by contract type, although terms generally cover monthly payments. In the circumstances where the timing of invoicing differs from the timing of revenue recognition, the Company has determined its contracts do not include a significant financing component. The Company has elected to apply the optional exemption under ASC 606-10-50-14 and not provide disclosure of the amount and timing of performance obligations as the performance obligations are part of a contract that has an original expected duration of one year or less.

The following table summarizes the significant changes in contract liabilities balances during the year ended March 31, 2020 (in thousands):

		Contract Liabilities
Balance as of April 1, 2018		$	1,046
Revenue recognized that was included in the contract liability at beginning of period			(1,046	)
Increase due to cash received, excluding amounts recognized as revenue during the period			950
Balance as of March 31, 2019			950
Revenue recognized that was included in the contract liability at beginning of period			(950	)
Increase due to cash received, excluding amounts recognized as revenue during the period			949
Balance as of March 31, 2020		$	949