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Consolidated and Combined Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 11,329 $ 9,152
Short term investments 28,108
Restricted cash 43 53
Accounts receivables, net 16,933 19,103
Unbilled accounts receivable 17,916 9,997
Deferred income tax assets
Prepaid expenses and other current assets 15,172 9,494
Total current assets 89,501 47,799
Property and equipment, net 2,787 2,755
Intangible assets, net 12,937 6,535
Deferred income tax assets 7,637 7,171
Unbilled accounts receivable 543
Other assets 490 50
Goodwill 34,145 32,216
Total Assets 148,040 96,526
CURRENT LIABILITIES    
Loan from bank 442 5,269
Accounts payable 2,220 2,353
Accrued expenses and other liabilities 30,962 22,032
Software hire purchase obligations 203
Deferred revenue 10,988 12,201
Total current liabilities 44,612 42,058
Term loan - bank 8,367
Auto loan 109
Consideration payable on Exaxe acquisition 2,951
Other liabilities 1,090 928
Total Liabilities 48,762 51,353
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.002 per share – 50,000,000 share authorized as of March 31, 2019 and March 31, 2018; 0 shares issued and outstanding as of March 31, 2019 and March 31, 2018
Common stock, par value $0.002 per share - 450,000,000 shares authorized as of March 31, 2019 and March 31, 2018; 42,846,273 shares issued and outstanding as of March 31, 2019 and 36,600,457 shares issued and Outstanding as of March 31, 2018 86 73
Additional paid-in capital 122,163 75,022
Accumulated deficit (23,792) (30,283)
Accumulated other comprehensive income (412) 361
Total stockholders' equity attributable to Majesco stockholders 98,045 45,173
Non-controlling interests in consolidated subsidiaries 1,233
Total stockholders’ equity 99,278 45,173
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 148,040 $ 96,526