SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Restrictions on Cash and Cash Equivalents

Cash, cash equivalents, and restricted cash consisted of the following:

	As of
(in thousands)	September 30, 2018		March 31, 2018
Cash and Cash Equivalents	$	15,691	$	17,952
Restricted Cash	1,000		1,000
	$	16,691	$	18,952

Estimated useful lives of Property and equipment

Depreciation expense is recorded using the straight-line method over the estimated useful lives of the respective assets as follows:

Computer equipment, software and internal-use software	3 - 5 years
Digital cinema projection systems	10 years
Machinery and equipment	3 - 10 years
Furniture and fixtures	3 - 6 years

Fair Value Measurements of financial assets

The following tables summarize the levels of fair value measurements of our financial assets and liabilities as of September 30, 2018 and March 31, 2018:

(in thousands)	Level 1		Level 2		Level 3		Total
Restricted cash	$	1,000	$	—	$	—	$	1,000

Disaggregation of Revenue

The following tables present the Company's revenue categories for the three months and six months ended September 30, 2018 (in thousands):

	Three Months Ended September 30, 2018		Six Months Ended September 30, 2018
Cinema Equipment Business:
Phase I Deployment	$	2,663	$	5,268
Phase II Deployment	3,257		6,437
Services	1,571		2,901
Total Cinema Equipment Business revenue	$	7,491	$	14,606
Content & Entertainment Business:
Base Distribution Business	$	3,971	$	7,733
OTT Streaming and Digital	2,282		4,483
Total Content & Entertainment Business revenue	$	6,253	$	12,216

Employee stock-based compensation expense related to stock-based awards

Employee and director stock-based compensation expense related to our stock-based awards was as follows:

	Three Months Ended September 30,				Six Months Ended September 30,
(In thousands)	2018		2017		2018		2017
Direct operating	$	—	$	13	$	—	$	13
Selling, general and administrative	317		317		403		634
	$	317	$	330	$	403	$	647