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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Current assets    
Cash and cash equivalents $ 16,142 $ 17,872
Accounts receivable, net 37,688 41,765
Inventory, net 612 673
Unbilled revenue 1,487 1,504
Prepaid and other current assets 8,776 6,109
Total current assets 64,705 67,923
Restricted cash 1,000 1,000
Property and equipment, net 12,525 14,047
Right-of-use assets 2,169  
Intangible assets, net 8,691 9,686
Goodwill 8,701 8,701
Other long-term assets 411 526
Total assets 98,202 101,883
Current liabilities    
Accounts payable and accrued expenses 75,847 71,751
Current portion of notes payable, including unamortized debt discount of $841 and $1,436 respectively (see Note 5) 43,017 43,319
Operating lease liabilities 926  
Current portion of deferred revenue 1,645 1,687
Total current liabilities 121,435 116,757
Notes payable, non-recourse, net of current portion and unamortized debt issuance costs and debt discounts of $1,321 and $1,495 respectively (see Note 5) 14,857 19,132
Operating lease liabilities, noncurrent 1,333  
Deferred revenue, net of current portion 1,989 2,357
Other long-term liabilities 178 205
Total liabilities 139,792 138,451
Stockholders’ deficit    
Additional paid-in capital 368,631 368,531
Treasury stock, at cost; 1,313,836 Class A common shares at June 30, 2019 and March 31, 2019 11,603 11,603
Accumulated deficit (400,936) (395,814)
Accumulated other comprehensive income 16 10
Total stockholders’ deficit of Cinedigm Corp. (40,297) (35,281)
Deficit attributable to noncontrolling interest (1,293) (1,287)
Total deficit (41,590) (36,568)
Total liabilities and deficit 98,202 101,883
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; and 7 shares issued and outstanding at June 30, 2019 and March 31, 2019. Liquidation preference of $3,648 3,559 3,559
Class A common stock    
Stockholders’ deficit    
Common stock, $0.001 par value; Class A stock 60,000,000 shares authorized at June 30, 2019 and March 31, 2019; 37,037,823 and 36,992,433 shares issued and 35,723,987 and 35,678,597 shares outstanding at June 30, 2019 and March 31, 2019, respectively $ 36 $ 36