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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Mar. 31, 2016
Current assets    
Cash and cash equivalents $ 16,831 $ 25,481
Accounts receivable, net 69,014 52,898
Inventory 1,241 2,024
Unbilled revenue 4,391 5,570
Prepaid and other current assets 14,896 15,872
Total current assets 106,373 101,845
Restricted cash 1,000 8,983
Property and equipment, net 38,196 61,740
Intangible assets, net 21,623 25,940
Goodwill 8,701 8,701
Debt issuance costs 0 894
Other assets 1,223 1,295
Total assets 177,116 209,398
Current liabilities    
Accounts payable and accrued expenses 84,660 68,517
Current portion of notes payable, non-recourse (see Note 6) 7,514 29,074
Current portion of capital leases 96 341
Current portion of deferred revenue 2,687 2,901
Total current liabilities 94,957 100,833
Notes payable, non-recourse, net of current portion and unamortized debt issuance costs and debt discounts of $2,867 and $4,577, respectively (see Note 6) 64,395 83,238
Notes payable, net of current portion 84,518 86,938
Capital leases, net of current portion 0 3,884
Deferred revenue, net of current portion 5,671 7,532
Total liabilities 249,541 282,425
Stockholders’ deficit    
Additional paid-in capital 276,228 269,871
Treasury stock, at cost; 277,244; Class A common shares at December 31, 2016 and March 31, 2016, respectively (2,839) (2,839)
Accumulated deficit (348,200) (342,448)
Accumulated other comprehensive loss (55) (64)
Total stockholders’ deficit of Cinedigm Corp. (71,225) (71,842)
Deficit attributable to noncontrolling interest (1,200) (1,185)
Total deficit (72,425) (73,027)
Total liabilities and deficit 177,116 209,398
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 December 31, 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 25,000,000 and 21,000,000 shares authorized; 10,503,413 and 7,977,861 shares issued and 10,126,269 and 7,700,617 shares outstanding at December 31, 2016 and March 31, 2016, respectively; 1,241,000 Class B stock authorized and issued and zero shares outstanding at December 31, 2016 and March 31, 2016, respectively $ 82 $ 79