INCOME TAXES (Tables)

12 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following table presents the components of income tax expense:

	For the Fiscal Year Ended March 31,
(In thousands)	2018			2017
Federal:
Current	$	(4	)	$	(140	)
Deferred	—			—
Total federal	(4		)	(140		)
State:
Current	405			392
Deferred	—			—
Total state	405			392
Income tax expense	$	401		$	252

Schedule of Deferred Tax Assets and Liabilities

Net deferred taxes consisted of the following:    

	As of March 31,
(In thousands)	2018				2017
Deferred tax assets:
Net operating loss carryforwards	$	6,680			$	98,232
Stock-based compensation	1,993				2,742
Intangibles	5,918				8,100
Accrued liabilities	1,332			1,332	1,765
Allowance for doubtful accounts	852			852	1,075
Capital loss carryforwards	3,009				4,454
Other	648				457
Total deferred tax assets before valuation allowance	20,432				116,825
Less: Valuation allowance	(15,880		)		(106,718		)
Total deferred tax assets after valuation allowance	$	4,552			$	10,107
Deferred tax liabilities:
Depreciation and amortization	$	(4,552	)		$	(10,107	)
Intangibles	—				—
Total deferred tax liabilities	(4,552		)		(10,107		)
Net deferred tax	$	—			$	—

Schedule of Effective Income Tax Rate Reconciliation

The differences between the United States statutory federal tax rate and our effective tax rate are as follows:

	For the fiscal years ended March 31,
	2018		2017
Provision at the U.S. statutory federal tax rate	30.8	%	34.0	%
State income taxes, net of federal benefit	9.0	%	6.6	%
Change in valuation allowance	501.8	%	(19.2	)%
Non-deductible expenses	(2.7	)%	(11.6	)%
Net operating loss decrease under IRC 382	(511.3	)%	—	%
Effect of tax reform	(40.2	)%	—	%
Expired capital loss carry forward	—	%	(20.8	)%
Losses from non-consolidated entities	10.0	%	10.7	%
Other	0.4	%	(1.4	)%
Income tax expense	(2.2	)%	(1.7	)%