Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Schedule of amortization expense

Content Library	3 – 20 years
Trademarks and Tradenames	2 – 15 years
Customer Relationships	5 – 13 years
Theatre Relationship	12 years
Software	10 years
Intangible Assets	3 – 4 years
Patents	3 years
Advertiser Relationships and Channel	2 – 3 years
Supplier Agreements	2 years

Schedule of intangible assets

	As of March 31, 2023
	Cost Basis		Accumulated Amortization			Impairment			Net
Content Library	$	23,970	$	(21,126	)		-		$	2,844
Advertiser Relationships and Channel		12,604		(1,062	)		-			11,542
Supplier Agreements		11,430		(11,430	)		-			-
Customer Relationships		10,658		(7,599	)		(1,968	)		1,090
Trademarks and Tradenames		4,026		(2,274	)		-			1,752
Software		3,200		(560	)		-			2,640
Total Intangible Assets	$	65,888	$	(44,052	)	$	(1,968	)	$	19,868

	As of March 31, 2022
	Cost Basis		Accumulated Amortization			Impairment			Net
Content Library	$	23,685	$	(20,665	)	$	-		$	3,020
Advertiser Relationships and Channel		10,081		(161	)		-			9,920
Software		3,200		(240	)		-			2,960
Trademarks and Tradenames		4,026		(1,301	)		-			2,725
Customer Relationships		10,658		(7,327	)		(1,968	)		1,363
Supplier Agreements		11,430		(11,384	)		-			46
Intangible Assets	$	63,080	$	(41,078	)	$	(1,968	)	$	20,034

Schedule of amortization expense for intangible assets

	Total
2024	$	3,378
2025		2,474
2026		1,822
2027		1,401
2028		1,291
Thereafter		9,501
Total	$	19,868

Schedule of estimated useful lives of property and equipment, net

Computer equipment and software	3 - 5 years
Internal use software	5 years
Digital cinema projection systems	10 years
Machinery and equipment	3 - 10 years
Furniture and fixtures	3 - 7 years

Schedule of fair value measurements of our financial assets and liabilities

	As of March 31, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Equity investment in Metaverse, at fair value	$	—	$	—	$	5,200	$	5,200
	$	—	$	—	$	5,200	$	5,200
Liabilities:
Current portion of earnout consideration on purchase    of a business	$	—	$	—	$	1,444	$	1,444
Long term portion of earnout consideration on purchase    of a business		—		—		—		—
	$	—	$	—	$	1,444	$	1,444

	As of March 31, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Equity investment in Metaverse, at fair value	$	7,028	$	—	$	—	$	7,028
	$	7,028	$	—	$	—	$	7,028
Liabilities:
Current portion of earnout consideration on purchase    of a business	$	—	$	—	$	1,081	$	1,081
Long term portion of earnout consideration on purchase    of a business		—		—		603		603
	$	—	$	—	$	1,684	$	1,684

Schedule of prepaid and other current assets

Prepaid and other current assets consisted of the following (in thousands):

	As of March 31,
	2023		2022
Advances and Due from Producers	$	3,724	$	3,978
Other receivables		420		826
Inventory		207		116
Other prepaid expenses		1,107		989
Total prepaid and other current assets	$	5,458	$	5,909

Schedule of accounts payable and accrued expenses

	As of March 31,
	2023		2022
Accounts payable	$	15,042	$	34,177
Amounts due to producers		13,114		10,430
Accrued compensation and benefits		2,532		3,507
Accrued other expenses		3,843		3,911
Total accounts payable and accrued expenses	$	34,531	$	52,025

Schedule of revenue disaggregation

The following tables present the Company’s revenue by segment and source (in thousands):

	Year Ended March 31,
	2023		2022
Content & Entertainment segment:
Streaming and Digital	$	40,423	$	27,448
Base Distribution		15,554		10,447
Total Content & Entertainment revenue	$	55,977	$	37,895
Cinema Equipment segment:
Variable Consideration	$	9,136	$	4,810
System Sales		2,632		11,267
Services and Deployment		281		2,082
Total Cinema Equipment revenue	$	12,049	$	18,159
Total Revenue	$	68,026	$	56,054

Schedule of basic and diluted net income (loss) per share

Basic and diluted net income (loss) per share are computed as follows (in thousands, except per share data):

	Year Ended March 31,
	2023			2022
Basic net income (loss) per share:
Net income (loss) attributable to common stockholders	$	(10,085	)	$	1,770
Shares used in basic computation:
Weighted-average shares of common stock outstanding		8,889			8,532
Basic net income (loss) per share	$	(1.13	)	$	0.21
Shares used in diluted computation:
Weighted-average shares of common stock outstanding	$	8,889		$	8,532
Stock options and SARs		—			159
Weighted-average number of shares		8,889			8,691
Diluted net income (loss) per share	$	(1.13	)	$	0.20