| Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'12 | Mar'11 |
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net loss | ||||||
-9,948 | -9,416 | -14,028 | - | - | - | - |
Net loss | ||||||
- | - | - | -13,746 | -8,179 | -6,267 | -1,486 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
3,965 | 3,405 | 2,680 | 1,530 | 246 | - | - |
Impairment of software development costs | ||||||
- | - | 1,368 | - | - | - | - |
Impairment of capitalized software | ||||||
- | - | - | 340 | - | - | - |
Depreciation | ||||||
- | - | - | - | - | 261 | 321 |
Loss on disposition of property and equipment | ||||||
- | - | - | - | - | -13 | - |
Loss on disposition of property and equipment | ||||||
- | - | - | - | - | - | -2 |
Stock-based compensation expense | ||||||
2,161 | 2,609 | 2,389 | 2,538 | 1,149 | 599 | 435 |
Interest expense paid-in-kind as convertible note debt | ||||||
784 | 225 | 0 | - | - | - | - |
Non-cash income tax expense (benefit) | ||||||
-435 | -208 | - | - | - | - | - |
Loss on fixed asset disposal | ||||||
-2 | 0 | 13 | 0 | -23 | - | - |
Unrealized currency translation losses (gains) | ||||||
41 | 0 | - | - | - | - | - |
Changes in assets and liabilities: | ||||||
Change in fair value of warrant liability | ||||||
- | - | - | - | -982 | - | - |
Accounts receivable, net | ||||||
-437 | 11 | 154 | -421 | -449 | -249 | -1,547 |
Restricted cash | ||||||
- | - | - | 34 | - | - | - |
Prepaid expenses and other current assets | ||||||
13 | -3 | -200 | 505 | -164 | 81 | -88 |
Other assets | ||||||
-725 | -212 | 1,061 | 2 | -9 | 39 | -24 |
Accounts payable | ||||||
-112 | 505 | 199 | -195 | 359 | -418 | 204 |
Accrued payroll and related liabilities | ||||||
257 | 74 | -202 | -421 | -334 | 1,322 | -35 |
Deferred tax liability | ||||||
- | - | 46 | -1,270 | - | - | - |
Accrued restructuring costs | ||||||
0 | -403 | 403 | 0 | -232 | - | -7 |
Other accrued liabilities and other long-term liabilities | ||||||
410 | -65 | 1,349 | 158 | 162 | 31 | 835 |
Deferred revenue | ||||||
-509 | -286 | 1,066 | -2,989 | -2,177 | 2,401 | -754 |
Net cash used in operating activities | ||||||
-2,317 | -3,356 | -5,850 | -11,635 | -9,343 | -1,929 | 1,174 |
Investing activities | ||||||
Purchase of property and equipment | ||||||
48 | 57 | - | - | - | - | - |
Capitalized software development costs, net | ||||||
2,382 | 1,829 | - | - | - | - | - |
Minority shareholder payment | ||||||
- | - | 133 | 0 | - | - | - |
Purchase of business acquired, net of cash | ||||||
- | - | 826 | 4,451 | - | - | - |
Proceeds from disposition of property and equipment | ||||||
- | - | - | - | - | 2 | - |
Purchase of short-term investments | ||||||
- | - | - | - | - | 1,398 | 4,351 |
Proceeds from maturities of short-term investments | ||||||
- | - | - | - | - | 1,398 | 4,350 |
Net cash used in investing activities | ||||||
-2,430 | -1,886 | -2,348 | -6,464 | -1,031 | -213 | -210 |
Financing activities | ||||||
Purchase of treasury shares | ||||||
- | - | - | - | - | 472 | - |
Common stock issuance costs, net | ||||||
- | - | - | - | - | - | 275 |
Credit facility borrowing | ||||||
42,489 | 4,000 | 0 | 496 | - | 6,000 | - |
Credit facility payment | ||||||
42,223 | 1,139 | 347 | 655 | 232 | - | - |
Purchase of property and equipment | ||||||
- | - | 6 | 51 | 121 | 215 | 209 |
Capitalized software development costs, net | ||||||
- | - | 1,383 | 1,962 | 910 | - | - |
Proceeds from issuance of stock, net of issuance costs | ||||||
4,909 | 0 | - | - | - | - | - |
Employee taxes paid in exchange for restricted stock awards forefeited | ||||||
- | - | - | - | -949 | 63 | - |
Issuance of stock under employee stock purchase plan | ||||||
187 | 140 | 171 | 215 | - | - | - |
Proceeds from sale of preferred stock with warrants, net of issuance costs | ||||||
- | - | 260 | 12,319 | - | - | - |
Net employee withholding taxes paid in connection with issuance of restricted stock | ||||||
-41 | -132 | -259 | -578 | - | - | - |
Repayment of loan | ||||||
174 | 233 | 47 | 277 | - | 4,268 | 800 |
Proceeds from exercise of stock options | ||||||
6 | 0 | - | - | - | - | - |
Fees paid in connection with conversion of preferred stock to common stock | ||||||
- | - | 17 | 0 | - | - | - |
Repayment of note Payable | ||||||
- | - | - | - | 239 | - | - |
Issuance of convertible note, net of debt issuance costs | ||||||
0 | 2,429 | 4,786 | 3,000 | - | - | - |
Cost associated with promissory note | ||||||
- | - | - | -150 | 14,227 | - | - |
Repurchases of common stock, net of proceeds for common stock issuance | ||||||
- | - | - | - | - | - | 24 |
Net cash provided by financing activities | ||||||
5,153 | 5,065 | 4,547 | 14,370 | 15,183 | 1,197 | -1,099 |
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets: | ||||||
Effect of exchange rate changes on cash | ||||||
93 | 188 | - | - | - | - | - |
Effect of exchange rate changes on cash | ||||||
- | - | -109 | 0 | - | - | - |
Net increase in cash and cash equivalents | ||||||
499 | 11 | -3,760 | -3,729 | 4,809 | -945 | -135 |
Supplemental disclosure of cash flow information: | ||||||
Cash paid for interest | ||||||
141 | 216 | - | - | - | - | - |
Cash paid for interest | ||||||
- | - | 105 | 35 | 35 | - | - |
Cash paid for taxes | ||||||
142 | 41 | 27 | - | - | - | 4 |
Beneficial conversion feature for convertible redeemable preferred stock | ||||||
- | - | 370 | 2,135 | - | - | - |
Accretion of preferred series stock to redemption value | ||||||
- | - | 1,120 | 3,691 | 3,513 | - | - |
Conversion of Series F stock into common stock | ||||||
- | - | 5,877 | 11,145 | 1,621 | - | - |
Assumption of debt in connection with business combination | ||||||
- | - | 587 | 932 | - | - | - |
Gain from convertible note extinguishment | ||||||
0 | 166 | 0 | - | - | - | - |
Cash paid for interest | ||||||
- | - | - | - | - | 15 | - |