Business Acquisition (Tables)

12 Months Ended

Mar. 31, 2014

Business Acquisition

Schedule of total purchase price consideration

Total consideration to acquire Storycode was approximately $5.6 million and comprised of the following (in thousands):

Fair value of common stock issued at closing	$	3,285
Fair value of common stock issuable-subject to the 18-month holdback	861
Fair value of stock options assumed	949
Cash consideration paid	499
Total purchase price	$	5,594

Schedule of estimated fair value of the stock options determined using a Black Scholes option valuation model

	Options Assumed and Unearned
Volatility	60%-85%
Annual risk-free rate	0.09%-0.40%
Expected life (in years)	0.5-3.04
Dividend yield	0%

Schedule of the allocation of the purchase price to the acquired net assets based on estimated fair values as of the acquisition date and the associated estimated useful lives

Allocation of purchase price (in thousands):

	Amount			Useful Life (years)
Identifiable intangible assets:
Trade and Domain Names	$	80		10
Technology	530			7
Goodwill	5,268			N/A
Net tangible liabilities	(284		)	N/A
Total estimated purchase price allocation	$	5,594

Schedule of pro forma results

	For the Years Ended March 31,
	2013			2012
	(In thousands, except per share data)
	(Unaudited)
Net revenue	$	4,767		$	5,074
Net loss	$	(4,181	)	$	(4,264	)
Net loss per basic and diluted share	$	(0.15	)	$	(0.15	)