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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Current assets    
Cash and cash equivalents $ 14,380 $ 25,481
Accounts receivable, net 55,035 52,898
Inventory 1,923 2,024
Unbilled revenue 5,474 5,570
Prepaid and other current assets 16,356 15,872
Total current assets 93,168 101,845
Restricted cash 8,983 8,983
Property and equipment, net 53,368 61,740
Intangible assets, net 24,478 25,940
Goodwill 8,701 8,701
Debt issuance costs 1,663 894
Other assets 1,279 1,295
Total assets 191,640 209,398
Current liabilities    
Accounts payable and accrued expenses 71,752 68,517
Current portion of notes payable, non-recourse 27,212 29,074
Current portion of capital leases 352 341
Current portion of deferred revenue 2,727 2,901
Total current liabilities 102,043 100,833
Notes payable, non-recourse, net of current portion 74,457 83,238
Notes payable, net of current portion 81,440 86,938
Capital leases, net of current portion 3,792 3,884
Deferred revenue, net of current portion 6,912 7,532
Total liabilities 268,644 282,425
Stockholders’ deficit    
Additional paid-in capital 270,488 269,871
Treasury stock, at cost; 277,244; Class A common shares at June 30, 2016 and March 31, 2016, respectively (2,839) (2,839)
Accumulated deficit (347,091) (342,448)
Accumulated other comprehensive loss (33) (64)
Total stockholders’ deficit of Cinedigm Corp. (75,836) (71,842)
Deficit attributable to noncontrolling interest (1,168) (1,185)
Total deficit (77,004) (73,027)
Total liabilities and deficit 191,640 209,398
Series A preferred stock    
Stockholders’ deficit    
Preferred stock, 15,000,000 shares authorized; Series A 10% - $0.001 par value per share; 20 shares authorized; 7 shares issued and outstanding at June 30, 2016 and March 31, 2016, respectively. Liquidation preference of $3,648 3,559 3,559
Class A common stock    
Stockholders’ deficit    
Common stock, $0.001 par value; Class A and Class B stock; Class A stock 21,000,000 shares authorized; 8,176,023 and 7,977,861 shares issued and 7,898,779 and 7,700,617 shares outstanding at June 30, 2016 and March 31, 2016, respectively; 1,241,000 Class B stock authorized and issued and zero shares outstanding at June 30, 2016 and March 31, 2016, respectively $ 80 $ 79