XML 21 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6

Note 4: Balance Sheet Information (Tables)

12 Months Ended

Sep. 30, 2012

Note 4 Balance Sheet Information Tables

Balance sheet information

Balance sheet information is as follows:

		September 30,
		2012				2011
Receivables, current, net:
Accounts receivable, current		$	1,863,067			$	2,080,747
Less: Allowance for doubtful accounts			(1,423,219)				(1,425,891)
		$	439,848			$	654,856
Receivables, long term, net:
Accounts receivable, long term		$	510,587			$	569,178
Less: Allowance for doubtful accounts			(136,017)				(197,740)
		$	374,570			$	371,438
Total receivables, net:
Gross receivables		$	2,373,654			$	2,649,925
Less: Allowance for doubtful accounts			(1,559,236)				(1,623,631)
		$	814,418			$	1,026,294

Components of allowance for doubtful accounts

Components of allowance for doubtful accounts are as follows:

		September 30,
		2012				2011
Allowance for dilution and fees on amounts due from billing aggregators		$	1,525,126			$	1,477,769
Allowance for customer refunds			34,111				145,862
		$	1,559,237			$	1,623,631

Property and equipment, net

		September 30,
		2012				2011
Property and equipment, net:
Leasehold improvements		$	–			$	201,476
Furnishings and fixtures			94,511				233,577
Office, computer equipment and other			361,685				426,931
			456,196				861,984
Less: Accumulated depreciation			(405,670	)			(690,783	)
		$	50,526			$	171,201

Intangible assets, net

		September 30,
		2012				2011
Intangible assets, net:
Domain name and marketing related intangibles		$	1,511,650			$	1,509,600
Website and technology related intangibles			1,252,304				351,941
			2,763,954				1,861,541
Less:  Accumulated amortization			(766,283	)			(639,207	)
		$	1,997,671			$	1,222,334

Accrued liabilities

		September 30,
		2012				2011
Accrued liabilities:
Deferred revenue		$	2,310			$	14,553
Accrued payroll and bonuses			28,968				63,043
Accruals under revenue sharing agreements			67,601				86,550
Accrued expenses - other			311,225				260,449
		$	410,104			$	424,595

X

- Definition

Allowance for doubtful accounts table text block

+ References

No definition available.

+ Details

Name:	LIVE_AllowanceForDoubtfulAccountsTableTextBlock
Namespace Prefix:	LIVE_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	LIVE_BalanceSheetInformationTablesAbstract
Namespace Prefix:	LIVE_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accrued liabilities.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of a condensed balance sheet. Disclosure may include, but is not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

+ Details

Name:	us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration