XML 95 R80.htm IDEA: XBRL DOCUMENT v3.22.2
Stockholders’ Equity (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 13 Months Ended
Jul. 30, 2022
Jun. 30, 2022
Jul. 31, 2020
Apr. 30, 2018
Dec. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2020
Apr. 18, 2022
Sep. 17, 2020
Stockholders’ Equity (Details) [Line Items]                    
Debt, description     In July 2020, the Company issued directly to a certain institutional investor and another investor a total of 1,820,000 shares of the Company’s common stock for net proceeds of approximately $7.3 million after offering costs at a price per share of $4.14.              
Sale of common stock shares (in Shares)     1,820,000              
Accounts payable and accrued liabilities           $ 700        
Unrecognized compensation cost           100        
Common restricted stock issued for services, value                  
Additional cash payment             1,800      
Recognized share based compensation expense           12,700 11,300      
Share-based compensation expense         $ 0 0        
Share-based award bonus           1,100        
Unrecognized compensation cost             300      
Stock option exercised           $ 872 $ 2,600      
Stock option forfeited (in Shares)           700,000 700,000      
Stock options outstanding and exercisable           $ 12,700 $ 12,900      
Incremental share-based compensation expense             900      
Weighted average remaining contractual term           5 years 10 months 24 days        
Fair value of restricted stock units           $ 10,700 5,800      
Fair value of restricted stock units           $ 5,000 $ 600      
Restricted stock units granted to key executive (in Shares)       1,150,000            
Number of shares issued and timing of vesting (in Shares)       464,557            
Aggregate number of shares of capital stock authority to issue shares (in Shares)           510,000,000        
Common stock, authorized (in Shares)           500,000,000 500,000,000      
Preferred stock authorized (in Shares)           10,000,000 10,000,000      
Preferred stock, par value (in Dollars per share)           $ 0.001 $ 0.001      
Repurchase of shares (in Shares)               2,000,000    
2016 Equity Incentive Plan [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Shares of common stock (in Shares)           12,600,000        
Maximum contractual term           10 years        
Number of shares issuance increase under the plan (in Shares)           4,484,713        
Stock options expire period           10 years        
Options Grants to Employees [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Option awards period           4 years        
Unrecognized compensation cost           $ 1,100        
Weighted average service period           5 years 9 months 29 days        
Options to employees exercisable           6 years 2 months 19 days        
Options to employees outstanding           5 years 9 months 29 days        
Intrinsic value of options exercisable           $ 300        
Restricted Stock Units Grants [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Weighted average service period           11 months 15 days        
Compensation costs for unvested awards           $ 2,100        
Minimum [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Weighted average service period           5 years 1 month 2 days 5 years 3 months      
Original exercise period                 3 years  
Minimum [Member] | 2016 Equity Incentive Plan [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Shares available for issuance (in Shares)                   5,000,000
Maximum [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Weighted average service period           6 years 10 months 13 days 7 years      
Original exercise period                 12 years  
Maximum [Member] | 2016 Equity Incentive Plan [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Shares available for issuance (in Shares)                   17,600,000
Stock Option [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Stock options outstanding and exercisable           $ 13,500 $ 14,800      
Consultants [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Debt, description           During year ended March 31, 2021, the Company issued 4,061,326 shares of its common stock and restricted common stock valued at $12.6 million to certain Company consultants and vendors of which $8.8 million related to shares issued to settle accounts payable which includes the shares issued to MBRG Investors, LLC and the shares issued to a certain music partner and $3.8 million relates to shares issued in exchange for services and is included in share-based compensation. Additionally, the Company incurred $1.2 million in accounts payable and accrued liabilities for stock earned by its consultants, but not yet issued. The remaining unrecognized compensation cost associated with restricted shares of common stock issued to consultants and vendors of $0.7 million was recorded during the year ended March 31, 2022.         
Common restricted stock issued for services, shares (in Shares)           4,061,326        
Common restricted stock issued for services, value           $ 12,600        
Music licensor [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Debt, description In July 2020, the Company issued to a certain music licensor 2,415,459 shares (the “Shares”) of its common stock at a price of $3.28 per share, to satisfy the Company’s payment obligation in the amount of $10.0 million owed to such music licensor (the “Threshold Amount”).                  
Guarantee payments and issued shares of common stock (in Shares)   264,000                
Key Executives [Member]                    
Stockholders’ Equity (Details) [Line Items]                    
Options granted (in Shares)                 1,326,667