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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 11,185 $ 9,152
Short term investments 3,299  
Restricted cash 50 53
Accounts receivable, net 20,141 19,103
Unbilled accounts receivable 11,439 9,997
Prepaid expenses and other current assets 10,624 9,494
Total current assets 56,738 47,799
Property and equipment, net 2,469 2,755
Intangible assets, net 13,250 6,535
Deferred income tax assets 6,796 7,171
Other assets 330 50
Goodwill 34,726 32,216
Total Assets 114,309 96,526
CURRENT LIABILITIES    
Loan from bank-receivable financing and vehicle loan 6,985 5,269
Current maturities of long term loan 3,333  
Accounts payable 2,100 2,353
Accrued expenses and other current liabilities 27,291 22,032
Software hire purchase obligations   203
Deferred revenue 12,706 12,201
Total current liabilities 52,415 42,058
Term loan - bank 3,333 8,367
Vehicle loan 89  
Deferred consideration payable 4,196  
Other liabilities 1,215 928
Total Liabilities 61,248 51,353
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.002 per share - 50,000,000 shares authorized as of December 31, 2018 and March 31, 2018, no shares issued and outstanding as of December 31, 2018 and March 31, 2018
Common stock, par value $0.002 per share - 450,000,000 shares authorized as of December 31, 2018 and March 31, 2018; 36,673,272 shares issued and outstanding as of December 31, 2018 and 36,600,457 shares issued and outstanding as of March 31, 2018 73 73
Additional paid-in capital 77,643 75,022
Accumulated deficit (25,192) (30,283)
Accumulated other comprehensive (loss) income (701) 361
Total stockholders' equity attributable to Majesco stockholders 51,823 45,173
Non controlling interests in consolidated subsidiaries 1,238  
Total Stockholders' Equity 53,061 45,173
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 114,309 $ 96,526