XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.20.2

Warrants (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2020
Warrants And Rights Note Disclosure [Abstract] |
Summary of Warrant Activity | The following table summarizes information about the Company’s warrants at March 31, 2020 and September 30, 2019, respectively:
|  | Number of units - Series B Convertible preferred warrants |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Term (in years) |  |  | Intrinsic Value |
Outstanding and Exercisable at September 30, 2019 |  |  | 118,029 |  |  | $ | 20.80 |  |  |  | 0.53 |  |  | $ | — |
Outstanding and Exercisable at March 31, 2020 |  |  | 118,029 |  |  | $ | 20.80 |  |  |  | 1.85 |  |  | $ | — |
Summary of Information Assuming Warrants are Exercised and Exchanged for Common Shares | The warrants may be exchanged for shares of common stock at a ratio of one share of Series B Preferred Stock into five common shares. The following table provides information assuming the warrants are exercised and exchanged for common shares:
|  | Number of units - Series B Convertible preferred warrants |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Term (in years) |  |  | Intrinsic Value |
Outstanding and Exercisable at September 30, 2019 |  |  | 590,147 |  |  | $ | 4.16 |  |  |  | 0.53 |  |  | $ | 2,602 |
Outstanding and Exercisable at March 31, 2020 |  |  | 590,147 |  |  | $ | 4.16 |  |  |  | 1.85 |  |  | $ | 649 |
Summary of Warrants Outstanding and Exercisable | The exercise price for the Series B Convertible Preferred Stock warrants outstanding and exercisable at March 31, 2020 and September 30, 2019, are as follows:
Series B Convertible Preferred |
Outstanding |  |  | Exercisable |
Number of Warrants |  |  | Exercise Price |  |  | Number of Warrants |  |  | Exercise Price |
| 54,396 |  |  | $ | 16.60 |  |  |  | 54,396 |  |  | $ | 16.60 |
| 17,857 |  |  |  | 16.80 |  |  |  | 17,857 |  |  |  | 16.80 |
| 12,383 |  |  |  | 24.30 |  |  |  | 12,383 |  |  |  | 24.30 |
| 33,393 |  |  |  | 28.50 |  |  |  | 33,393 |  |  |  | 28.50 |
| 118,029 |  |  |  |  |  |  |  | 118,029 |  |  |  |  |

X
- Definition Schedule of assumption information of warrants exercised and exchanged for common shares. + References No definition available. + Details
Name: | live_ScheduleOfAssumptionInformationOfWarrantsExercisedAndExchangedForCommonSharesTableTextBlock
Namespace Prefix: | live_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of warrants outstanding and exercisable. + References No definition available. + Details
Name: | live_SummaryOfWarrantsOutstandingAndExercisableTableTextBlock
Namespace Prefix: | live_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_WarrantsAndRightsNoteDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration