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ACQUISITIONS (Tables)
12 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The acquisition-date fair value of the consideration transferred totaled $238,736, which consisted of the following:

 
 
Fair value of
purchase
consideration 
Cash
 
$
175,000

Common stock (1,071,739 shares)
 
57,327

Contingent earn-out
 
6,409

Total
 
$
238,736

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary acquisition date fair value of net tangible and intangible assets acquired, net of liabilities assumed from Social Point.

 
 
Preliminary
estimated
fair value 
Preliminary
estimated
weighted
average
useful life
Tangible net assets (liabilities) assumed
$
(16,380
)
N/A
Intangible Assets
 
 
 

 
 
Developed game technology
 
53,950

4 years
 
In-process R&D
 
14,700

N/A
 
Analytics technology
 
29,700

5 years
 
User base
 
9,000

1 year
 
Branding and trade names
 
4,200

9 years
 
Goodwill
 
143,566

N/A
 
Total
 
$
238,736

 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The following table summarizes the preliminary acquisition date fair value of net tangible and intangible assets acquired, net of liabilities assumed from Social Point.

 
 
Preliminary
estimated
fair value 
Preliminary
estimated
weighted
average
useful life
Tangible net assets (liabilities) assumed
$
(16,380
)
N/A
Intangible Assets
 
 
 

 
 
Developed game technology
 
53,950

4 years
 
In-process R&D
 
14,700

N/A
 
Analytics technology
 
29,700

5 years
 
User base
 
9,000

1 year
 
Branding and trade names
 
4,200

9 years
 
Goodwill
 
143,566

N/A
 
Total
 
$
238,736

 
Business Acquisition, Pro Forma Information
The amounts of revenue and earnings of Social Point included in our Consolidated Statement of Operations from the acquisition date to the period ending March 31, 2017 are as follows:


February 1, 2017 to March 31, 2017
Net revenue
$
2,903

Net loss
$
(8,789
)



The following represents the pro forma consolidated information (unaudited) as if Social Point had been included in our consolidated results for the entire years ending March 31, 2017 and 2016, and due to different fiscal period ends, combines the historical results of the Company for the year ended March 31, 2017 and 2016 and the historical results of Social Point for the years ended December 31, 2016 and 2015, respectively:

 
12 months ended
March 31,
 
2017
 
2016
Net revenue
$
1,815,233

 
1,429,634

Net income (loss)
$
30,161

 
(61,805
)