DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Dec. 31, 2015

DISCONTINUED OPERATIONS [Abstract]

Results from Discontinued Operations

The results from discontinued operations were as follows (in thousands):

	Three Months Ended December 31,					Nine Months Ended December 31,
Discontinued operations:	2015		2014			2015			2014
Revenues	$	167	$	3,451		$	586		$	10,346
Cost of revenues		166		3,067			811			9,437
Gross profit (loss)		1		384			(225	)		909
Sales and marketing expense		-		914			(91	)		2,517
Other income (expense), net		3		-			127			-
Income (loss) before income tax benefit		4		(530	)		(7	)		(1,608	)
Income tax benefit (expense)		-		(200	)		(4	)		(607	)
Net income (loss) of discontinued operations	$	4	$	(330	)	$	(3	)	$	(1,001	)

The current and non-current assets and liabilities of discontinued operations were as follows (in thousands):

	December 31, 2015		March 31, 2015
Receivables, net	$	37	$	2,075
Prepaid expenses and other current assets		12		-
Total current assets of discontinued operations	$	49	$	2,075
Other assets	$	-	$	12
Total non-current assets of discontinued operations	$	-	$	12
Accounts payable	$	-	$	449
Other current liabilities		180		5,087
Total current liabilities of discontinued operations	$	180	$	5,536