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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Net cash flows from operating activities    
Net income/(loss) $ 1,035 $ (1,650)
Adjustments to reconcile net income/(loss) to net cash (used)/provided by operating activities:    
Depreciation on property and equipment 406 563
Amortization of intangibles 626 705
Stock-based compensation 660 655
Unrealized cash flow hedges (659) 9
Deferred income taxes (401) (872)
Change in Assets and Liabilities:    
Decrease / (increase) in accounts receivable, billed and unbilled 543 (4,101)
Decrease / (increase) in prepaid expenses and other current assets (335) (248)
Decrease / (increase) in other non-current assets 44 (4)
Increase / (decrease) in accounts payable 399 (205)
Increase / (decrease) in accrued expenses and other liabilities 688 (1,706)
(Increase) / decrease in deferred revenue and other non-current liabilities (39) 84
Net cash (used) / provided by operating activities 2,967 (6,770)
Net cash flows from investing activities    
Purchase of property and equipment (143) (313)
Purchase of intangible assets 3 (209)
Cash from investments   24
Decrease in restricted cash   1
Net cash used by investing activities (140) (497)
Net cash flows from financing activities    
Payment of capital lease obligations (67) (188)
Repayment of loans (324)  
Receipt of loan proceeds   5,154
Net cash (used) / provided by financing activities (391) 4,966
Effect of foreign exchange rate changes on cash and cash equivalents 120 118
Net increase /(decrease) in cash and cash equivalents 2,556 (2,183)
Cash and cash equivalents, beginning of the period 9,152 11,635
Cash and cash equivalents at end of the period $ 11,708 $ 9,452