XML 127 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Mar. 31, 2018
Current assets    
Cash and cash equivalents $ 15,691 $ 17,952
Accounts receivable, net 30,834 38,128
Inventory, net 626 792
Unbilled revenue 2,632 6,799
Prepaid and other current assets 8,647 10,497
Total current assets 58,430 74,168
Restricted cash 1,000 1,000
Property and equipment, net 18,173 21,483
Intangible assets, net 11,867 14,653
Goodwill 8,701 8,701
Other long-term assets 1,137 1,177
Total assets 99,308 121,182
Current liabilities    
Accounts payable and accrued expenses 55,777 69,225
Current portion of notes payable, including unamortized debt discount of $1,216 and $225 respectively 24,627 4,775
Current portion of notes payable, non-recourse 300 512
Current portion of deferred revenue 1,687 1,821
Total current liabilities 82,391 76,333
Notes payable, non-recourse, net of current portion and unamortized debt issuance costs and debt discounts of $1,825 and $2,140 respectively 28,140 37,570
Notes payable, net of current portion and unamortized debt issuance costs and debt discounts of $1,151 and $3,352 respectively 14,076 25,435
Deferred revenue, net of current portion 3,101 3,842
Other long-term liabilities 255 306
Total liabilities 127,963 143,486
Stockholders’ deficit    
Additional paid-in capital 366,804 366,223
Treasury stock, at cost; 1,313,836 Class A common shares at September 30, 2018 and March 31, 2018 11,603 11,603
Accumulated deficit (386,149) (379,225)
Accumulated other comprehensive loss (22) (38)
Total stockholders’ deficit of Cinedigm Corp. (27,376) (21,049)
Deficit attributable to noncontrolling interest (1,279) (1,255)
Total deficit (28,655) (22,304)
Total liabilities and deficit 99,308 121,182
Series A preferred stock    
Stockholders’ deficit    
Preferred stock, 15,000,000 shares authorized; Series A 10% - $0.001 par value per share; 20 shares authorized; and 7 shares issued and outstanding at September 30, 2018 and March 31, 2018. Liquidation preference of $3,648 3,559 3,559
Class A common stock    
Stockholders’ deficit    
Common stock, $0.001 par value; Class A stock 60,000,000 shares authorized at September 30, 2018 and March 31, 2018; 36,383,038 and 36,261,975 shares issued and 35,069,202 and 34,948,139 shares outstanding at September 30, 2018 and March 31, 2018, respectively $ 35 $ 35