Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2017
Mar. 31, 2017
ASSETS    
Cash and cash equivalents $ 37,871  
Restricted cash 15,255  
Trading securities 179,020  
Available-for-sale securities, at fair value 2  
Brokerage and other receivables 8,098  
Loans issued 209  
Deferred tax assets 71  
Fixed assets 1,475  
Goodwill 953  
Other assets 2,046  
TOTAL ASSETS 245,000  
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Derivative liability 0  
Debt securities issued 7,604  
Customer liabilities 14,488  
Current income tax liability 0  
Trade payables 230  
Deferred distribution payments 8,534  
Securities repurchase agreement obligation 130,211  
Deferred tax liabilities 230  
Other liabilities 407  
TOTAL LIABILITIES 161,704  
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; 31,879,222 shares outstanding as of September 30, 2017 and 11,213,926 shares outstanding as of March 31, 2017, respectively 32  
Additional paid in capital 41,707  
Retained earnings 52,832  
Accumulated other comprehensive loss (11,275)  
TOTAL STOCKHOLDERS’ EQUITY 83,296  
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 245,000  
(Recast)    
ASSETS    
Cash and cash equivalents   $ 21,831
Restricted cash   12,619
Trading securities [1]   81,575
Available-for-sale securities, at fair value [1]   2
Brokerage and other receivables [1]   481
Loans issued [1]   65
Deferred tax assets [1]   1,026
Fixed assets [1]   1,041
Goodwill [1]   981
Other assets [1]   691
TOTAL ASSETS [1]   120,312
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Derivative liability [1]   495
Debt securities issued [1]   3,459
Customer liabilities [1]   7,543
Current income tax liability   149
Trade payables [1]   235
Deferred distribution payments   8,534
Securities repurchase agreement obligation [1]   56,289
Deferred tax liabilities [1]   0
Other liabilities [1]   372
TOTAL LIABILITIES [1]   77,076
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; 31,879,222 shares outstanding as of September 30, 2017 and 11,213,926 shares outstanding as of March 31, 2017, respectively [1]   11
Additional paid in capital [1]   33,264
Retained earnings [1]   16,860
Accumulated other comprehensive loss [1]   (6,899)
TOTAL STOCKHOLDERS’ EQUITY [1]   43,236
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY [1]   $ 120,312
[1] See Notes 1 and 3 for information regarding recast amounts and basis of financial statement presentation.