Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (AUDITED)

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (AUDITED) - USD ($)
$ in Thousands
Mar. 31, 2018
Mar. 31, 2017
ASSETS    
Cash and cash equivalents $ 64,531  
Restricted cash 13,671  
Trading securities 212,319  
Available-for-sale securities, at fair value 2  
Brokerage and other receivables, net 21,109  
Loans issued 8,754  
Deferred tax assets 1,046  
Fixed assets, net 2,362  
Goodwill 1,798  
Other assets, net 4,494  
TOTAL ASSETS 330,086  
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Securities sold, not yet purchased - at fair value 1,135  
Derivative liability 0  
Loans received 7,143  
Debt securities issued 10,840  
Customer liabilities 21,855  
Current income tax liability 0  
Trade payables 8,998  
Deferred distribution payments 8,534  
Securities repurchase agreement obligation 154,775  
Deferred income tax liabilities 387  
Other liabilities 1,319  
TOTAL LIABILITIES 214,986  
Commitments and Contingencies (Note 29)  
STOCKHOLDERS’ EQUITY    
Preferred stock - $0.001 par value; 20,000,000 shares authorized, no shares issued or outstanding 0  
Common stock - $0.001 par value; 500,000,000 shares authorized; 58,033,212 and 11,213,926 shares issued and outstanding as of March 31, 2018 and 2017, respectively 58  
Additional paid in capital 87,049  
Retained earnings 35,387  
Accumulated other comprehensive loss (7,394)  
TOTAL STOCKHOLDERS’ EQUITY 115,100 $ 43,887 [1]
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 330,086  
(Recast)    
ASSETS    
Cash and cash equivalents [1]   22,616
Restricted cash [1]   12,749
Trading securities [1]   81,575
Available-for-sale securities, at fair value [1]   2
Brokerage and other receivables, net [1]   481
Loans issued [1]   65
Deferred tax assets [1]   1,026
Fixed assets, net [1]   1,096
Goodwill [1]   981
Other assets, net [1]   772
TOTAL ASSETS [1]   121,363
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Securities sold, not yet purchased - at fair value [1]   0
Derivative liability [1]   495
Loans received [1]   2
Debt securities issued [1]   3,459
Customer liabilities [1]   7,635
Current income tax liability [1]   149
Trade payables [1]   540
Deferred distribution payments [1]   8,534
Securities repurchase agreement obligation [1]   56,289
Deferred income tax liabilities [1]   0
Other liabilities [1]   373
TOTAL LIABILITIES [1]   77,476
Commitments and Contingencies (Note 29) [1]  
STOCKHOLDERS’ EQUITY    
Preferred stock - $0.001 par value; 20,000,000 shares authorized, no shares issued or outstanding [1]   0
Common stock - $0.001 par value; 500,000,000 shares authorized; 58,033,212 and 11,213,926 shares issued and outstanding as of March 31, 2018 and 2017, respectively [1]   11
Additional paid in capital [1]   34,659
Retained earnings [1]   16,154
Accumulated other comprehensive loss [1]   (6,937)
TOTAL STOCKHOLDERS’ EQUITY [1]   43,887
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY [1]   $ 121,363
[1] See Notes 1 and 3 for information regarding recast amounts and basis of financial statement presentation.