10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-17-008218 |
| Period End Date | 20170630 |
| Filing Date | 20170807 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | apps-20170630.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$597.00K | USD | Point-in-time |
| Accounts receivable, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$671.00K | USD | Point-in-time |
| Debt discount |
DebtInstrumentUnamortizedDiscountCurrent
|
- | USD | Point-in-time |
| Debt discount |
DebtInstrumentUnamortizedDiscountCurrent
|
$307.00K | USD | Point-in-time |
| Debt discount, long-term |
DebtInstrumentUnamortizedDiscountNoncurrent
|
$6.32M | USD | Point-in-time |
| Debt discount, long-term |
DebtInstrumentUnamortizedDiscountNoncurrent
|
$5.97M | USD | Point-in-time |
| Series A Convertible Preferred Stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Series A Convertible Preferred Stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Series A convertible preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
2.00M | shares | Point-in-time |
| Series A convertible preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
2.00M | shares | Point-in-time |
| Series A convertible preferred stock, shares issued |
PreferredStockSharesIssued
|
100,000.00 | shares | Point-in-time |
| Series A convertible preferred stock, shares issued |
PreferredStockSharesIssued
|
100,000.00 | shares | Point-in-time |
| Series A convertible preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
100,000.00 | shares | Point-in-time |
| Series A convertible preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
100,000.00 | shares | Point-in-time |
| Series A convertible preferred stock, liquidation preference |
PreferredStockLiquidationPreferenceValue
|
$1.00M | USD | Point-in-time |
| Series A convertible preferred stock, liquidation preference |
PreferredStockLiquidationPreferenceValue
|
$1.00M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$9.41M | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$6.15M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$6.30M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$11.23M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$331.00K | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$331.00K | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
67.33M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
67.34M | shares | Point-in-time |
| Accounts receivable, net of allowances of $671 and $597, respectively |
AccountsReceivableNetCurrent
|
$20.14M | USD | Point-in-time |
| Accounts receivable, net of allowances of $671 and $597, respectively |
AccountsReceivableNetCurrent
|
$16.55M | USD | Point-in-time |
| Deposits |
DepositsAssetsCurrent
|
$121.00K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
66.61M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
66.59M | shares | Point-in-time |
| Deposits |
DepositsAssetsCurrent
|
$121.00K | USD | Point-in-time |
| Treasury Stock, shares |
TreasuryStockShares
|
754,599.00 | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$582.00K | USD | Point-in-time |
| Treasury Stock, shares |
TreasuryStockShares
|
754,599.00 | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$510.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$23.66M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$27.47M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.38M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.45M | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$352.00K | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$352.00K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.98M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$4.57M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$76.62M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$76.62M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$110.87M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$107.58M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$19.87M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$20.26M | USD | Point-in-time |
| Accrued license fees and revenue share |
AccruedLiabilitiesCurrent
|
$8.53M | USD | Point-in-time |
| Accrued license fees and revenue share |
AccruedLiabilitiesCurrent
|
$9.95M | USD | Point-in-time |
| Accrued compensation |
EmployeeRelatedLiabilitiesCurrent
|
$1.07M | USD | Point-in-time |
| Accrued compensation |
EmployeeRelatedLiabilitiesCurrent
|
$1.27M | USD | Point-in-time |
| Secured line of credit, net of debt issuance costs and discounts of $307 and $0, respectively |
LongTermDebtCurrent
|
- | USD | Point-in-time |
| Secured line of credit, net of debt issuance costs and discounts of $307 and $0, respectively |
LongTermDebtCurrent
|
$1.94M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.30M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.77M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$35.20M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$30.77M | USD | Point-in-time |
| Convertible notes, net of debt issuance costs and discounts of $5,975 and $6,315, respectively |
LongTermDebtNoncurrent
|
$9.69M | USD | Point-in-time |
| Convertible notes, net of debt issuance costs and discounts of $5,975 and $6,315, respectively |
LongTermDebtNoncurrent
|
$10.03M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$782.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$849.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$45.53M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$52.14M | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
$100.00K | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
$100.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$8.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$8.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$299.58M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$300.45M | USD | Point-in-time |
| Treasury stock (754,599 shares at June 30 and March 31, 2017) |
TreasuryStockValue
|
$71.00K | USD | Point-in-time |
| Treasury stock (754,599 shares at June 30 and March 31, 2017) |
TreasuryStockValue
|
$71.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-321.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-329.00K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-241.43M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-237.25M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$62.05M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$58.73M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$107.58M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$110.87M | USD | Point-in-time |
Income Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
Revenues
|
$26.12M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$24.04M | USD | 1 Quarter |
| License fees and revenue share |
LicenseCosts
|
$18.88M | USD | 1 Quarter |
| License fees and revenue share |
LicenseCosts
|
$19.22M | USD | 1 Quarter |
| Other direct cost of revenues |
CostOfGoodsAndServicesSoldAmortization
|
$623.00K | USD | 1 Quarter |
| Other direct cost of revenues |
CostOfGoodsAndServicesSoldAmortization
|
$1.88M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$21.10M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$19.50M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$6.62M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$2.94M | USD | 1 Quarter |
| Product development |
ResearchAndDevelopmentExpense
|
$2.76M | USD | 1 Quarter |
| Product development |
ResearchAndDevelopmentExpense
|
$2.83M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$1.44M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$1.56M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$5.11M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.82M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$8.14M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$9.38M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-1.52M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-6.45M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-707.00K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-682.00K | USD | 1 Quarter |
| Foreign exchange transaction loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-144.00K | USD | 1 Quarter |
| Foreign exchange transaction loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-3.00K | USD | 1 Quarter |
| Change in fair value of convertible note embedded derivative liability |
GainLossOnDerivativeInstrumentsNetPretax
|
- | USD | 1 Quarter |
| Change in fair value of convertible note embedded derivative liability |
GainLossOnDerivativeInstrumentsNetPretax
|
$-1.31M | USD | 1 Quarter |
| Change in fair value of warrant liability |
FairValueAdjustmentOfWarrants
|
$464.00K | USD | 1 Quarter |
| Change in fair value of warrant liability |
FairValueAdjustmentOfWarrants
|
- | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$18.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$3.00K | USD | 1 Quarter |
| Total interest and other income / (expense), net |
NonoperatingIncomeExpense
|
$-2.62M | USD | 1 Quarter |
| Total interest and other income / (expense), net |
NonoperatingIncomeExpense
|
$-667.00K | USD | 1 Quarter |
| Income / (loss) from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-4.14M | USD | 1 Quarter |
| Income / (loss) from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-7.12M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$31.00K | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$296.00K | USD | 1 Quarter |
| Net income / (loss) |
NetIncomeLoss
|
$-4.17M | USD | 1 Quarter |
| Net income / (loss) |
NetIncomeLoss
|
$-7.41M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-8.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$27.00K | USD | 1 Quarter |
| Comprehensive income / (loss) |
ComprehensiveIncomeNetOfTax
|
$-4.18M | USD | 1 Quarter |
| Comprehensive income / (loss) |
ComprehensiveIncomeNetOfTax
|
$-7.38M | USD | 1 Quarter |
| Basic and diluted net loss per common share (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$-0.06 | USD | 1 Quarter |
| Basic and diluted net loss per common share (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$-0.11 | USD | 1 Quarter |
| Weighted average common shares outstanding, basic and diluted (shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
66.29M | shares | 1 Quarter |
| Weighted average common shares outstanding, basic and diluted (shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
66.60M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-4.17M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-7.41M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.09M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$888.00K | USD | 1 Quarter |
| Change in allowance for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$-109.00K | USD | 1 Quarter |
| Change in allowance for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$75.00K | USD | 1 Quarter |
| Amortization of debt discount and debt issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$353.00K | USD | 1 Quarter |
| Amortization of debt discount and debt issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$342.00K | USD | 1 Quarter |
| Accrued interest |
InterestAccretionExpense
|
$1.00K | USD | 1 Quarter |
| Accrued interest |
InterestAccretionExpense
|
$344.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.22M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$788.00K | USD | 1 Quarter |
| Restricted shares and warrants compensation for services rendered |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$76.00K | USD | 1 Quarter |
| Restricted shares and warrants compensation for services rendered |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$80.00K | USD | 1 Quarter |
| Change in fair value of convertible note embedded derivative liability |
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
- | USD | 1 Quarter |
| Change in fair value of convertible note embedded derivative liability |
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
$-1.31M | USD | 1 Quarter |
| Change in fair value of warrant liability |
IncreaseDecreaseInDerivativeLiabilities
|
- | USD | 1 Quarter |
| Change in fair value of warrant liability |
IncreaseDecreaseInDerivativeLiabilities
|
$464.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-1.98M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$3.66M | USD | 1 Quarter |
| Deposits |
IncreaseDecreaseInDepositOtherAssets
|
- | USD | 1 Quarter |
| Deposits |
IncreaseDecreaseInDepositOtherAssets
|
$-66.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$72.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-89.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-169.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$395.00K | USD | 1 Quarter |
| Accrued license fees and revenue share |
IncreaseDecreaseInOtherAccruedLiabilities
|
$419.00K | USD | 1 Quarter |
| Accrued license fees and revenue share |
IncreaseDecreaseInOtherAccruedLiabilities
|
$1.42M | USD | 1 Quarter |
| Accrued compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$194.00K | USD | 1 Quarter |
| Accrued compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-72.00K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$372.00K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$124.00K | USD | 1 Quarter |
| Other non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
- | USD | 1 Quarter |
| Other non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$67.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.10M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.40M | USD | 1 Quarter |
| Capital expenditures |
PaymentsForProceedsFromProductiveAssets
|
$374.00K | USD | 1 Quarter |
| Capital expenditures |
PaymentsForProceedsFromProductiveAssets
|
$472.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-374.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-472.00K | USD | 1 Quarter |
| Proceeds from short-term borrowings |
ProceedsFromIssuanceOfDebt
|
- | USD | 1 Quarter |
| Proceeds from short-term borrowings |
ProceedsFromIssuanceOfDebt
|
$2.25M | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$280.00K | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$320.00K | USD | 1 Quarter |
| Options exercised |
ProceedsFromStockOptionsExercised
|
$2.00K | USD | 1 Quarter |
| Options exercised |
ProceedsFromStockOptionsExercised
|
$9.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-278.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.94M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$27.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-8.00K | USD | 1 Quarter |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$153.00K | USD | 1 Quarter |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.82M | USD | 1 Quarter |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.41M | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.15M | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.30M | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.23M | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.41M | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.15M | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.30M | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.23M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.