XML 18 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities    
Net loss $ (10,651) $ (7,127)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,219 2,910
Stock-based compensation expense 1,415 1,649
Interest expense paid-in-kind as convertible note debt 691 587
Non-cash income tax expense (benefit) 76 (25)
Loss on fixed asset disposal 2
Unrealized currency translation losses (gains) 151 (43)
Changes in assets and liabilities:    
Accounts receivable, net (742) (1,989)
Prepaid expenses and other current assets 211 308
Other assets 92 691
Accounts payable 263 (199)
Accrued payroll and related liabilities (8) 256
Other accrued liabilities and other long-term liabilities 894 365
Deferred revenue (476) 276
Net cash used in operating activities (4,865) (2,339)
Investing activities    
Purchase of property and equipment (58) (34)
Capitalized software development costs, net (1,938) (1,780)
Net cash used in investing activities (1,996) (1,814)
Financing activities    
Credit facility borrowing 29,183 29,415
Credit facility payment (26,856) (29,455)
Proceeds from long-term promissory notes, net of issuance costs 2,979
Proceeds from issuance of stock, net of issuance costs 4,909
Issuance of stock under employee stock purchase plan 72 73
Net employee withholding taxes paid in connection with issuance of restricted stock (9) (39)
Repayment of loan (154)
Proceeds from exercise of stock options 6
Net cash provided by financing activities 5,369 4,755
Effect of exchange rate changes on cash 121 (39)
Net (decrease) increase in cash, cash equivalents and restricted cash (1,613) 641
Cash, cash equivalents and restricted cash at beginning of the period 9,956 9,463
Cash, cash equivalents and restricted cash at end of the period 8,343 10,104
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets:    
Cash and cash equivalents 8,318 10,077
Restricted cash 25 27
Cash, cash equivalents and restricted cash at end of the period 8,343 10,104
Supplemental disclosure of cash flow information:    
Cash paid for interest 190 116
Cash paid for taxes 55 101
Issuance of warrant in connection with long-term promissory notes 940
Stock Issued in Connection with Loan Guarantee Extension [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 169
Stock Issued Upon Conversion of Convertible Note [Member]    
Supplemental disclosure of cash flow information:    
Stock issued $ 973