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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2017
Mar. 31, 2017
Current assets    
Cash and cash equivalents $ 10,077 $ 9,429
Accounts receivable, net of allowance for doubtful accounts of $99 and $114 as of December 31, 2017 and March 31, 2017, respectively 9,031 7,042
Restricted cash 27 34
Prepaid expenses and other current assets 1,243 1,553
Total current assets 20,378 18,058
Property and equipment, net 83 85
Capitalized software development costs, net 2,907 2,341
Goodwill 15,256 14,448
Other intangibles, net 4,452 5,860
Other assets 1,100 1,599
Total assets 44,176 42,391
Current liabilities    
Credit facility 11,821 11,861
Accounts payable 2,279 2,478
Accrued payroll and related liabilities 1,985 1,729
Other accrued liabilities 2,408 2,042
Deferred revenue 10,179 10,070
Income tax payable 77 23
COFACE loan 20 174
Total current liabilities 28,769 28,377
Long-term deferred revenue 177 10
Convertible note, net of debt discount 7,260 7,599
Other long-term liabilities 1,306 1,306
Total liabilities 37,512 37,292
Commitments and contingencies (Notes 8 and 9):
Stockholders' equity:    
Common stock, $0.0001 par value; Authorized: 35,000 shares at December 31, 2017 and March 31, 2017; Issued: 14,963 and 12,223 shares at December 31, 2017 and March 31, 2017, respectively; Outstanding: 14,818 and 12,078 shares at December 31, 2017 and March 31, 2017, respectively 7 5
Additional paid-in capital 325,105 317,367
Treasury stock at cost - 145 shares at December 31, 2017 and March 31, 2017 (472) (472)
Accumulated deficit (318,872) (311,749)
Accumulated other comprehensive income (loss) 896 (52)
Total stockholders’ equity 6,664 5,099
Total liabilities and stockholders’ equity $ 44,176 $ 42,391