XML 25 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net loss $ (9,948) $ (9,416)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,965 3,405
Stock-based compensation 2,161 2,609
Interest expense paid in kind as convertible note debt 784 225
Loss on fixed asset disposal 2
Noncash income tax benefit (435) (208)
Unrealized currency translation gains (41)
Changes in assets and liabilities:    
Accounts receivable, net 437 (11)
Prepaid expenses and other current assets (13) 3
Other assets 725 212
Accounts payable (112) 505
Accrued payroll and related liabilities 257 74
Accrued restructuring costs (403)
Other accrued liabilities and long-term liabilities 410 (65)
Deferred revenue (509) (286)
Net cash used in operating activities (2,317) (3,356)
Investing activities    
Purchase of property and equipment (48) (57)
Capitalized software development costs, net (2,382) (1,829)
Net cash used in investing activities (2,430) (1,886)
Financing activities    
Proceeds from issuance of stock, net of issuance costs 4,909
Credit facility borrowing 42,489 4,000
Credit facility payment (42,223) (1,139)
Net employee withholding taxes paid in connection to issuance of restricted stock (41) (132)
Issuance of stock under employee stock purchase plan 187 140
Repayment of loan (174) (233)
Proceeds from exercise of stock options 6
Issuance of convertible note, net of debt issuance costs 2,429
Net cash provided by financing activities 5,153 5,065
Effect of exchange rate changes on cash 93 188
Net increase in cash and cash equivalents 499 11
Cash and cash equivalents at beginning of the period 9,429 9,418
Cash and cash equivalents at end of the period 9,928 9,429
Supplemental disclosure of cash flow information:    
Cash paid for interest 141 216
Cash paid for taxes 142 41
Gain from convertible note extinguishment 166
Stock Issued Upon Conversion of Convertible Note [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 973
Stock Issued in Connection with Loan Guarantee Extension [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 169
Stock Issued in Connection with Interest on Loan Guaranty [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 524
Stock Issued in Connection with Interest on Convertible Note [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 277
Issuance of Common Stock for a Legal Settlement [Member]    
Supplemental disclosure of cash flow information:    
Stock issued $ 35