$APPS
Digital Turbine, Inc. Stock $apps

$apps Overview Financials Valuation SEC Filings Company Website

2012 Q3 Form 10-Q Financial Statement

#000114420412045814 Filed on August 14, 2012

Income Statement

Concept	2012 Q3	2012 Q2	2011 Q2
Revenue	$912.0K	$1.290M	$1.893M
YoY Change	-52.94%	-31.85%	-33.81%
Cost Of Revenue	$376.0K	$672.0K	$550.0K
YoY Change	-47.63%	22.18%	-16.67%
Gross Profit	$536.0K	$618.0K	$1.343M
YoY Change	-56.07%	-53.98%	-38.95%
Gross Profit Margin	58.77%	47.91%	70.95%
Selling, General & Admin	$3.406M	$2.504M	$1.150M
YoY Change	139.52%	117.74%	-52.48%
% of Gross Profit	635.45%	405.18%	85.63%
Research & Development	$365.0K	$366.0K	$664.0K
YoY Change	-24.59%	-44.88%	-37.94%
% of Gross Profit	68.1%	59.22%	49.44%
Depreciation & Amortization	$31.00K	$29.00K	$61.00K
YoY Change	-41.51%	-52.46%	-82.57%
% of Gross Profit	5.78%	4.69%	4.54%
Operating Expenses	$3.771M	$2.870M	$1.814M
YoY Change	97.85%	58.21%	-48.47%
Operating Profit	-$3.235M	-$2.252M	-$471.0K
YoY Change	371.57%	378.13%	-64.32%
Interest Expense	-$520.0K	-$490.0K	-$260.0K
YoY Change	26.83%	88.46%	-69.05%
% of Operating Profit
Other Income/Expense, Net	-$520.0K	-$487.0K	-$269.0K
YoY Change	112.24%	81.04%
Pretax Income	-$3.755M	-$2.739M	-$740.0K
YoY Change	303.33%	270.14%	-68.38%
Income Tax	$20.00K	$14.00K	$31.00K
% Of Pretax Income
Net Earnings	-$3.775M	-$2.753M	-$771.0K
YoY Change	305.48%	257.07%	-129.54%
Net Earnings / Revenue	-413.93%	-213.41%	-40.73%
Basic Earnings Per Share
Diluted Earnings Per Share	-$204.7K	-$162.7K	-$92.33K
COMMON SHARES
Basic Shares Outstanding	85.95M shares	83.79M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2012 Q3	2012 Q2	2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.100M	$8.200M	$600.0K
YoY Change	416.67%	1266.67%	-79.31%
Cash & Equivalents	$3.137M	$8.240M	$648.0K
Short-Term Investments
Other Short-Term Assets	$300.0K	$100.0K	$300.0K
YoY Change	-25.0%	-66.67%	-25.0%
Inventory
Prepaid Expenses
Receivables	$2.068M	$1.019M	$2.300M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$5.549M	$9.395M	$3.300M
YoY Change	91.34%	184.7%	-54.17%
LONG-TERM ASSETS
Property, Plant & Equipment	$317.0K	$201.0K	$400.0K
YoY Change	5.67%	-49.75%	-20.0%
Goodwill	$4.537M	$3.640M
YoY Change
Intangibles	$5.151M	$759.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$10.01M	$4.600M	$10.20M
YoY Change	-1.91%	-54.9%	-39.29%
TOTAL ASSETS
Total Short-Term Assets	$5.549M	$9.395M	$3.300M
Total Long-Term Assets	$10.01M	$4.600M	$10.20M
Total Assets	$15.55M	$14.00M	$13.50M
YoY Change	18.73%	3.67%	-43.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.054M	$3.032M	$3.400M
YoY Change	9.57%	-10.82%	-15.0%
Accrued Expenses	$1.700M	$1.400M	$1.600M
YoY Change	6.25%	-12.5%	-33.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.543M	$2.234M	$100.0K
YoY Change	182.56%	2134.0%
Total Short-Term Liabilities	$9.429M	$7.238M	$7.100M
YoY Change	29.16%	1.94%	-12.35%
LONG-TERM LIABILITIES
Long-Term Debt	$1.564M	$1.378M	$4.400M
YoY Change	-66.0%	-68.68%	22.22%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$1.564M	$1.378M	$4.400M
YoY Change	-66.0%	-68.68%	22.22%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.429M	$7.238M	$7.100M
Total Long-Term Liabilities	$1.564M	$1.378M	$4.400M
Total Liabilities	$11.75M	$8.616M	$11.40M
YoY Change	-1.25%	-24.42%	-2.56%
SHAREHOLDERS EQUITY
Retained Earnings	-$134.0M	-$130.2M
YoY Change
Common Stock	$7.000K	$7.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$71.00K	$71.00K
YoY Change
Treasury Stock Shares	3.773M shares	3.773M shares
Shareholders Equity	$3.803M	$5.379M	$2.100M
YoY Change
Total Liabilities & Shareholders Equity	$15.55M	$14.00M	$13.50M
YoY Change	18.73%	3.67%	-43.75%

Cashflow Statement

Concept	2012 Q3	2012 Q2	2011 Q2
OPERATING ACTIVITIES
Net Income	-$3.775M	-$2.753M	-$771.0K
YoY Change	305.48%	257.07%	-129.54%
Depreciation, Depletion And Amortization	$31.00K	$29.00K	$61.00K
YoY Change	-41.51%	-52.46%	-82.57%
Cash From Operating Activities	-$1.700M	-$1.590M	-$269.0K
YoY Change	3300.0%	491.08%	-23.14%
INVESTING ACTIVITIES
Capital Expenditures	-$10.00K	$0.00	-$30.00K
YoY Change	-133.33%	-100.0%	-50.0%
Acquisitions
YoY Change
Other Investing Activities	-$3.360M		$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$3.370M	$0.00	-$34.00K
YoY Change	-11333.33%	-100.0%	-97.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$1.000M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	1.000M	0.000
YoY Change			-100.0%
NET CHANGE
Cash From Operating Activities	-1.700M	-1.590M	-269.0K
Cash From Investing Activities	-3.370M	0.000	-34.00K
Cash From Financing Activities	0.000	1.000M	0.000
Net Change In Cash	-5.070M	-590.0K	-303.0K
YoY Change	25250.0%	94.72%	-133.67%
FREE CASH FLOW
Cash From Operating Activities	-$1.700M	-$1.590M	-$269.0K
Capital Expenditures	-$10.00K	$0.00	-$30.00K
Free Cash Flow	-$1.690M	-$1.590M	-$239.0K
YoY Change	2012.5%	565.27%	-17.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1049000
CY2012Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q2	us-gaap	Billed Contract Receivables BilledContractReceivables	590000
CY2012Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	370000
CY2012Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	3772999	shares
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	1.80
CY2012Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	82260860	shares
CY2012Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	645000
CY2012Q2	us-gaap	Loss Contingency Settlement Agreement Consideration1 LossContingencySettlementAgreementConsideration1	23000
CY2012Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	85953136	shares
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	648000
CY2012Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	136000
CY2012Q2	us-gaap	Goodwill Goodwill	3640000
CY2012Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1978000
CY2012Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	553000
CY2012Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	141000
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	4798000	shares
CY2012Q2	us-gaap	Stockholders Equity StockholdersEquity	5379000
CY2012Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	605000
CY2012Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	1310000
CY2012Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	108000
CY2012Q2	us-gaap	Liabilities Liabilities	8616000
CY2012Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	3032000
CY2012Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	232000
CY2012Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000	shares
CY2012Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-130196000
CY2012Q2	us-gaap	Assets Assets	13995000
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.80
CY2012Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1019000
CY2012Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2012Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13995000
CY2012Q2	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	537000
CY2012Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	184000
CY2012Q2	us-gaap	Treasury Stock Value TreasuryStockValue	71000
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8240000
CY2012Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	86033859	shares
CY2012Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	759000
CY2012Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-163000
CY2012Q2	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	10
CY2012Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	484000
CY2012Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	232000
CY2012Q2	us-gaap	Liabilities Current LiabilitiesCurrent	7238000
CY2012Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	108000
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4798000	shares
CY2012Q2	us-gaap	Common Stock Value CommonStockValue	7000
CY2012Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2012Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2669000
CY2012Q2	us-gaap	Assets Current AssetsCurrent	9395000
CY2012Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	100000	shares
CY2012Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	100000	shares
CY2012Q2	us-gaap	Preferred Stock Value PreferredStockValue	100000
CY2012Q2	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights	0.70
CY2012Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	11000
CY2012Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1777000
CY2012Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	201000
CY2012Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	2234000
CY2012Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	135702000
CY2012Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1378000
CY2012Q2	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	1000000
CY2012Q2	mndl	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	3428000
CY2012Q2	mndl	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	980000
CY2012Q2	mndl	Debt Instrument Unamortized Discount Current DebtInstrumentUnamortizedDiscountCurrent	813000
CY2012Q2	mndl	Class Of Warrant Or Right Term ClassOfWarrantOrRightTerm	P5Y
CY2012Q2	mndl	Entity Wide Accounts Receivable Major Customer Percentage EntityWideAccountsReceivableMajorCustomerPercentage	0.35	pure
CY2012Q2	mndl	Fair Value Of Warrants Issued FairValueOfWarrantsIssued	255000
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	845000
CY2012Q1	us-gaap	Loss Contingency Settlement Agreement Consideration1 LossContingencySettlementAgreementConsideration1	73000
CY2012Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	120000
CY2012Q1	us-gaap	Goodwill Goodwill	3640000
CY2012Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1978000
CY2012Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	705000
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	5699000
CY2012Q1	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	1310000
CY2012Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1155000
CY2012Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q1	us-gaap	Billed Contract Receivables BilledContractReceivables	709000
CY2012Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	582000
CY2012Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	3772999	shares
CY2012Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	79733946	shares
CY2012Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	452000
CY2012Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	108000
CY2012Q1	us-gaap	Liabilities Liabilities	9097000
CY2012Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	3051000
CY2012Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000	shares
CY2012Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-127443000
CY2012Q1	us-gaap	Assets Assets	14796000
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.80
CY2012Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1190000
CY2012Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2012Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	14796000
CY2012Q1	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	589000
CY2012Q1	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	184000
CY2012Q1	us-gaap	Treasury Stock Value TreasuryStockValue	71000
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8799000
CY2012Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	83506945	shares
CY2012Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	817000
CY2012Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-194000
CY2012Q1	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	484000
CY2012Q1	us-gaap	Liabilities Current LiabilitiesCurrent	6020000
CY2012Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	108000
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4798000	shares
CY2012Q1	us-gaap	Common Stock Value CommonStockValue	7000
CY2012Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2012Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2611000
CY2012Q1	us-gaap	Assets Current AssetsCurrent	10109000
CY2012Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	100000	shares
CY2012Q1	us-gaap	Preferred Stock Value PreferredStockValue	100000
CY2012Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1748000
CY2012Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	230000
CY2012Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	75000
CY2012Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	100000	shares
CY2012	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	21000
CY2012	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	134990	shares
CY2012	mndl	Stock Issued During Period Shares Share Warrants Exercised StockIssuedDuringPeriodSharesShareWarrantsExercised	365010	shares
CY2012Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	133300000
CY2012Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3077000
CY2012Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	1000000
CY2012Q1	mndl	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	3428000
CY2012Q1	mndl	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	2147000
CY2012Q1	mndl	Debt Instrument Unamortized Discount Current DebtInstrumentUnamortizedDiscountCurrent	0
CY2012Q1	mndl	Entity Wide Accounts Receivable Major Customer Percentage EntityWideAccountsReceivableMajorCustomerPercentage	0.39	pure
CY2012Q1	mndl	Fair Value Of Warrants On Exercise Date FairValueOfWarrantsOnExerciseDate	473000
	mndl	Number Of Shares Granted Against Share Limits NumberOfSharesGrantedAgainstShareLimits	500000	shares
CY2012Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1428571	shares
CY2012Q2	us-gaap	Equity Issuance Per Share Amount EquityIssuancePerShareAmount	0.70
CY2012Q2	us-gaap	Stock Issued During Period Shares Other StockIssuedDuringPeriodSharesOther	357142	shares
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	9700000
CY2012	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	2319000
CY2012	us-gaap	Indefinite Lived Intangible Assets Impairment Losses IndefiniteLivedIntangibleAssetsImpairmentLosses	2319000
CY2012	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	2969000
CY2011Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	8000
CY2011Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-392000
CY2011Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	106000
CY2011Q2	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	38000
CY2011Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-471000
CY2011Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-423000
CY2011Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-665000
CY2011Q2	us-gaap	Share Based Compensation ShareBasedCompensation	69000
CY2011Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2011Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	129000
CY2011Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-269000
CY2011Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-34000
CY2011Q2	us-gaap	Income Taxes Paid IncomeTaxesPaid	31000
CY2011Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-197000
CY2011Q2	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-132000
CY2011Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	915000
CY2011Q2	us-gaap	Advertising Expense AdvertisingExpense	4000
CY2011Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-740000
CY2011Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	235000
CY2011Q2	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	34000
CY2011Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	664000
CY2011Q2	us-gaap	Cost Of Revenue CostOfRevenue	550000
CY2011Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-367000
CY2011Q2	us-gaap	Operating Expenses OperatingExpenses	1814000
CY2011Q2	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	132000
CY2011Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	45000
CY2011Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	16739000	shares
CY2011Q2	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	58000
CY2011Q2	us-gaap	Revenues Revenues	1893000
CY2011Q2	us-gaap	License Costs LicenseCosts	492000
CY2011Q2	us-gaap	Revenues From External Customers RevenuesFromExternalCustomers	1893000
CY2011Q2	us-gaap	Depreciation Depreciation	61000
CY2011Q2	us-gaap	Gross Profit GrossProfit	1343000
CY2011Q2	us-gaap	Interest Paid InterestPaid	367000
CY2011Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41679000	shares
CY2011Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	208000
CY2011Q2	us-gaap	Net Income Loss NetIncomeLoss	-771000
CY2011Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-269000
CY2011Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	48000
CY2011Q2	us-gaap	Entity Wide Revenue Major Customer Percentage EntityWideRevenueMajorCustomerPercentage	0.43	pure
CY2011Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31000
CY2011Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	106000
CY2011Q2	us-gaap	Increase Decrease In Fair Value Of Unhedged Derivative Instruments IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments	57000
CY2011Q2	mndl	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Period Increase Decrease OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentPeriodIncreaseDecrease	106000
CY2011Q2	mndl	Gains Losses On Settlement And Conversion Of Debt GainsLossesOnSettlementAndConversionOfDebt	-7000
CY2012Q2	dei	Trading Symbol TradingSymbol	MNDL
CY2012Q2	dei	Entity Registrant Name EntityRegistrantName	Mandalay Digital Group, Inc.
CY2012Q2	dei	Amendment Flag AmendmentFlag	false
CY2012Q2	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2012Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2012Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
CY2012Q2	dei	Document Type DocumentType	10-Q
CY2012Q2	dei	Document Period End Date DocumentPeriodEndDate	2012-06-30
CY2012Q2	dei	Entity Central Index Key EntityCentralIndexKey	0000317788
CY2012Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2012Q2	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-152000
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-2252000
CY2012Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-19000
CY2012Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1000000
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2722000
CY2012Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2012Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	87000
CY2012Q2	us-gaap	Share Based Compensation ShareBasedCompensation	122000
CY2012Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2012Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2012Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.03
CY2012Q2	us-gaap	Increase Decrease In Derivative Liabilities IncreaseDecreaseInDerivativeLiabilities	21000
CY2012Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised		shares
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod		shares
CY2012Q2	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="FONT: 10pt Times New Roman, Times, Serif"> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b>Concentrations of Credit Risk</b></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Financial instruments which potentially subject us to concentration of credit risk consist principally of cash and cash equivalents, and accounts receivable. We have placed cash and cash equivalents with a single high credit-quality institution. Most of our sales are made directly to large national Mobile Phone Operators in the countries that we operate. We have a significant level of business and resulting significant accounts receivable balance with one operator and therefore have a high concentration of credit risk with that operator. We perform ongoing credit evaluations of our customers and maintain an allowance for potential credit losses. As of June 30, 2012, one major customer represented approximately 35% of our gross accounts receivable outstanding, and 39% of gross accounts receivable outstanding as of March 31, 2012. This customer accounted for 34% of our gross revenues in the period ended June 30, 2012; and 43% in the period ended June 30, 2011. Two other major customers accounted for 22% and 10%, respectively, for the period ended June 30, 2012.</p> </div>
CY2012Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1590000
CY2012Q2	us-gaap	Revenue Recognition Software RevenueRecognitionSoftware	<div style="font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> <b>Revenue Recognition</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> The Company’s revenues are derived primarily by licensing material and software in the form of products (Image Galleries, Wallpapers, video, WAP Site access, Mobile TV), developing and maintaining carrier platforms, mobile advertising, mobile billing and mobile games. License arrangements with the end user can be on a perpetual or subscription basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> A perpetual license gives an end user the right to use the product, image or game on the registered handset on a perpetual basis. A subscription license gives an end user the right to use the product, image or game on the registered handset for a limited period of time, ranging from a few days to as long as one month.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> The Company either markets and distributes its products directly to consumers, or distributes products through mobile telecommunications service providers (“carriers”), in which case the carrier markets the product, images or games to end users. License fees for perpetual and subscription licenses are usually billed upon download of the product, image or game by the end user. In the case of subscription licenses, many subscriber agreements provide for automatic renewal until the subscriber opts-out, while others provide opt-in renewal. In either case, subsequent billings for subscription licenses are generally billed monthly. The Company applies the provisions of FASB ASC 985-605, <i>Software Revenue Recognition</i>, to all transactions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> Revenues are recognized from the Company’s products, images and games when persuasive evidence of an arrangement exists, the product, image or game has been delivered, the fee is fixed or determinable, and the collection of the resulting receivable is probable. For both perpetual and subscription licenses, management considers a license agreement to be evidence of an arrangement with a carrier or aggregator and a “clickwrap” agreement to be evidence of an arrangement with an end user. For these licenses, the Company defines delivery as the download of the product, image or game by the end user.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> The Company estimates revenues from carriers in the current period when reasonable estimates of these amounts can be made. Most carriers only provide detailed sales transaction data on a one to two month lag. Estimated revenue is treated as unbilled receivables until the detailed reporting is received and the revenues can be billed. Some carriers provide reliable interim preliminary reporting and others report sales data within a reasonable time frame following the end of each month, both of which allow the Company to make reasonable estimates of revenues and therefore to recognize revenues during the reporting period when the end user licenses the product, image or game. Determination of the appropriate amount of revenue recognized involves judgments and estimates that the Company believes are reasonable, but it is possible that actual results may differ from the Company’s estimates. The Company’s estimates for revenues include consideration of factors such as preliminary sales data, carrier-specific historical sales trends, volume of activity on company monitored sites, seasonality, time elapsed from launch of services or product lines, the age of games and the expected impact of newly launched games, successful introduction of newer and more advanced handsets, promotions during the period and economic trends. When the Company receives the final carrier reports, to the extent not received within a reasonable time frame following the end of each month, the Company records any differences between estimated revenues and actual revenues in the reporting period when the Company determines the actual amounts. Revenues earned from certain carriers may not be reasonably estimated. If the Company is unable to reasonably estimate the amount of revenues to be recognized in the current period, the Company recognizes revenues upon the receipt of a carrier revenue report and when the Company’s portion of licensed revenues are fixed or determinable and collection is probable. To monitor the reliability of the Company’s estimates, management, where possible, reviews the revenues by country, by carrier and by product line on a regular basis to identify unusual trends such as differential adoption rates by carriers or the introduction of new handsets. If the Company deems a carrier not to be creditworthy, the Company defers all revenues from the arrangement until the Company receives payment and all other revenue recognition criteria have been met.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> In accordance with FASB ASC 605-45, <i>Reporting Revenue Gross as a Principal Versus Net as an Agent</i>, the Company recognizes as revenues the amount the carrier reports as payable upon the sale of the Company’s products, images or games. The Company has evaluated its carrier agreements and has determined that it is not the principal when selling its products, images or games through carriers. Key indicators that it evaluated to reach this determination include:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 1in"></td> <td style="width: 0.25in"><font style="font-family: Symbol">·</font></td> <td><font style="font-family: Times New Roman, Times, Serif">wireless subscribers directly contract with the carriers, which have most of the service interaction and are generally viewed as the primary obligor by the subscribers;</font></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in">  </p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 1in"></td> <td style="width: 0.25in"><font style="font-family: Symbol">·</font></td> <td><font style="font-family: Times New Roman, Times, Serif">carriers generally have significant control over the types of content that they offer to their subscribers;</font></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 1in"></td> <td style="width: 0.25in"><font style="font-family: Symbol">·</font></td> <td><font style="font-family: Times New Roman, Times, Serif">carriers are directly responsible for billing and collecting fees from their subscribers, including the resolution of billing disputes;</font></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -0.25in">  </p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 1in"></td> <td style="width: 0.25in"><font style="font-family: Symbol">·</font></td> <td><font style="font-family: Times New Roman, Times, Serif">carriers generally pay the Company a fixed percentage of their revenues or a fixed fee for each game;</font></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -0.25in">  </p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 1in"></td> <td style="width: 0.25in"><font style="font-family: Symbol">·</font></td> <td><font style="font-family: Times New Roman, Times, Serif">carriers generally must approve the price of the Company’s content in advance of their sale to subscribers, and the Company’s more significant carriers generally have the ability to set the ultimate price charged to their subscribers;</font></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -0.25in">  </p> <table cellpadding="0" cellspacing="0" width="100%" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 1in"></td> <td style="width: 0.25in"><font style="font-family: Symbol">·</font></td> <td><font style="font-family: Times New Roman, Times, Serif">the Company has limited risks, including no inventory risk and limited credit risk.</font></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> For direct to consumer business, revenue is earned by delivering a product or service directly to the end user of that product or service. In those cases, the Company records as revenue the amount billed to that end user and recognizes the revenue when persuasive evidence of an arrangement exists, the product, image or game has been delivered, the fee is fixed or determinable, and the collection of the resulting receivable is probable. Substantially all of our discontinued operations represents direct to consumer business.</p> </div>
CY2012Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2012Q2	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	Segment
CY2012Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-559000
CY2012Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	16000
CY2012Q2	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-212000
CY2012Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2401000
CY2012Q2	us-gaap	Advertising Expense AdvertisingExpense	0
CY2012Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-171000
CY2012Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	31000
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-2739000
CY2012Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	103000
CY2012Q2	us-gaap	Nature Of Operations NatureOfOperations	<div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 1%"></td> <td style="width: 5%; text-align: left"><b>1.</b></td> <td style="text-align: justify; width: 94%"> <b>Organization</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> Mandalay Digital Group, Inc. (“we”, “us”, “our”, the “Company” or “Mandalay Digital”), formerly NeuMedia, Inc. (“NeuMedia”), formerly Mandalay Media, Inc. (“Mandalay Media”) and formerly Mediavest, Inc. (“Mediavest”), was originally incorporated in the state of Delaware on November 6, 1998 under the name eB2B Commerce, Inc. On April 27, 2000, it merged into DynamicWeb Enterprises Inc., a New Jersey corporation, the surviving company, and changed its name to eB2B Commerce, Inc. On April 13, 2005, the Company changed its name to Mediavest, Inc.  Through January 26, 2005, the Company and its former subsidiaries were engaged in providing business-to-business transaction management services designed to simplify trading between buyers and suppliers. The Company was inactive from January 26, 2005 until its merger with Twistbox Entertainment, Inc. on February 12, 2008.  On September 14, 2007, Mediavest was re-incorporated in the state of Delaware as Mandalay Media, Inc. On May 11, 2010 the Company merged with a wholly-owned, newly formed subsidiary, changing its name to NeuMedia, Inc. On February 6, 2012, the Company merged with a wholly-owned, newly formed subsidiary, changing its name to Mandalay Digital Group, Inc.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> Twistbox is a global publisher and distributor of branded entertainment content and services primarily focused on enabling the development, distribution and billing of content across mobile networks.  Twistbox publishes and distributes its content in a number of countries.  Since operations began in 2003, Twistbox has developed an intellectual property portfolio that includes mobile rights to global brands and content from film, television and lifestyle media companies. Twistbox has built a proprietary mobile publishing platform that includes: tools that automate device management for the distribution and billing of images and video; a mobile games development and distribution platform that automates the porting of mobile games and applications to multiple handsets; and a content standards and ratings system globally adopted by major wireless carriers to assist with the responsible deployment of age-verified content.  Twistbox has distribution and service agreements with many of the largest mobile operators in the world.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> Twistbox is headquartered in the Los Angeles area and has offices in Europe that provide local sales and marketing support for both mobile operators and third party distribution in their respective regions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> On October 23, 2008 the Company completed an acquisition of 100% of the issued and outstanding share capital of AMV Holding Limited, a United Kingdom private limited company (“AMV”), and 80% of the issued and outstanding share capital of Fierce Media Ltd (“Fierce”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> AMV is a leading mobile media and marketing company delivering games and lifestyle content directly to consumers in the United Kingdom, Australia, South Africa and various other European countries. AMV markets its well established branded services through a unique Customer Relationship Management platform that drives revenue through mobile internet, print and TV advertising. AMV is headquartered in Marlow, outside of London in the United Kingdom.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> On May 10, 2010, an administrator was appointed over AMV Holding Limited in the UK, at the request of the Company’s senior debt holder. As from that date, AMV and its subsidiaries are considered to be a discontinued operation. AMV and its subsidiaries were subsequently disposed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> On May 11, 2010, Mandalay Media merged into its wholly-owned, newly formed subsidiary, NeuMedia Inc. (“NeuMedia”), with NeuMedia as the surviving corporation. NeuMedia issued: (1) one new share of common stock in exchange for each share of Mandalay Media’s outstanding common stock and (2) one new share of preferred stock in exchange for each share of Mandalay Media’s outstanding preferred stock as of May 11, 2010. NeuMedia’s preferred and common stock had the same status and par value as the respective stock of Mandalay Media and NeuMedia acceded to all the rights, acquired all the assets and assumed all of the liabilities of Mandalay Media.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> On June 21, 2010, the Company signed and closed an agreement whereby ValueAct and the AMV Founders, acting through a newly formed company, acquired the operating subsidiaries of AMV (the “Assets”) in exchange for the release of $23,231 of secured indebtedness, comprising a release of all amounts due and payable under the AMV Note and all of the amounts due and payable under the ValueAct Note (as defined below) except for $3,500 in principal. The Company retained all assets and liabilities of Twistbox and the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> On December 28, 2011, the Company issued 50,000 shares of the Company’s common stock as part of the consideration for in exchange for the assets of Digital Turbine Group, LLC, the developer of Digital Turbine (“DT”), a technology platform that allows media companies, mobile carriers, and their OEM handset partners to take advantage of multiple mobile operating systems across multiple networks, and offers solutions that allow them to maintain their own branding and personalized, one-to-one relationships with each end-user. DT’s cross-platform user interface and multimedia management system for carriers and OEMs can be integrated with different operating systems to provide a more organized and unified experience for end-users of mobile content across search, discovery, billing, and delivery. Other aspects of the platform, such as a smart content discovery toolbar, allows carriers and OEMs to control the data presented to their users while giving the end-user a more efficient way of finding and purchasing desired content.</p> </div>
CY2012Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	366000
CY2012Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1000000
CY2012Q2	us-gaap	Cost Of Revenue CostOfRevenue	672000
CY2012Q2	us-gaap	Preferred Stock Contract Terms PreferredStockContractTerms	The Series A holders are entitled to (1) vote on an equal per share basis as common stock, (2) dividends paid to the common stock holders on an as if-converted basis and (3) a liquidation preference equal to the greater of $10 per share of Series A (subject to adjustment) or such amount that would have been paid to the common stock holders on an as if-converted basis.
CY2012Q2	us-gaap	Operating Expenses OperatingExpenses	2870000
CY2012Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-459000
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod		shares
CY2012Q2	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-106000
CY2012Q2	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	39000
CY2012Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	27862000	shares
CY2012Q2	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0
CY2012Q2	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	58000
CY2012Q2	us-gaap	Revenues Revenues	1290000
CY2012Q2	us-gaap	License Costs LicenseCosts	614000
CY2012Q2	us-gaap	Revenues From External Customers RevenuesFromExternalCustomers	1290000
CY2012Q2	us-gaap	Depreciation Depreciation	29000
CY2012Q2	us-gaap	Gross Profit GrossProfit	618000
CY2012Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	84504000	shares
CY2012Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	354000
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	-2753000
CY2012Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-487000
CY2012Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-7000
CY2012Q2	us-gaap	Entity Wide Revenue Major Customer Percentage EntityWideRevenueMajorCustomerPercentage	0.34	pure
CY2012Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod		shares
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14000
CY2012Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	31000
CY2012Q2	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss
CY2012Q2	us-gaap	Use Of Estimates UseOfEstimates	<div style="font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> <b>Use of Estimates</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent asset and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. The most significant estimates relate to revenues for periods not yet reported by Carriers, liabilities recorded for future minimum guarantee payments under content licenses, accounts receivable allowances, and stock-based compensation expense.</p> </div>
CY2012Q2	us-gaap	Increase Decrease In Fair Value Of Unhedged Derivative Instruments IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments	-21000
CY2012Q2	mndl	Compensation Expense Related Restricted Shares CompensationExpenseRelatedRestrictedShares	1914000
CY2012Q2	mndl	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Period Increase Decrease OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentPeriodIncreaseDecrease	31000
CY2012Q2	mndl	Interest Accretion Expense InterestAccretionExpense	106000
CY2012Q2	mndl	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Description ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDescription	(i) one third vested upon the completion our most recent equity financing; (ii) one third shall vest if on any date during the term or within 12 months following the term, our total enterprise value equals or exceeds $100,000,000; and (iii) one third shall vest immediately if on any date during the term or within 12 months following the term our total enterprise value equals or exceeds $200,000,000;

Files In Submission

Name	View Source	Status
0001144204-12-045814-index-headers.html	Edgar Link	pending
0001144204-12-045814-index.html	Edgar Link	pending
0001144204-12-045814.txt	Edgar Link	pending
0001144204-12-045814-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
mndl-20120630.xml	Edgar Link	completed
mndl-20120630.xsd	Edgar Link	pending
mndl-20120630_cal.xml	Edgar Link	unprocessable
mndl-20120630_def.xml	Edgar Link	unprocessable
mndl-20120630_lab.xml	Edgar Link	unprocessable
mndl-20120630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
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$APPS
Digital Turbine, Inc. Stock $apps

2012 Q3 Form 10-Q Financial Statement

#000114420412045814 Filed on August 14, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$APPS Digital Turbine, Inc. Stock $apps

2012 Q3 Form 10-Q Financial Statement

#000114420412045814 Filed on August 14, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$APPS
Digital Turbine, Inc. Stock $apps