XML 45 R36.htm IDEA: XBRL DOCUMENT
v3.20.1

Stockholders' Deficit (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2020
Schedule of restricted stock unit grants to employees |
|  | Year Ended March 31, |
|  | 2020 |  |  | 2019 |
Number of units granted |  |  | 4,008,306 |  |  |  | 1,377,391 |
Weighted-average grant date fair value per share |  | $ | 2.12 |  |  | $ | 4.64 |
Schedule of restricted stock units to employees |
|  | Number of Shares |
Outstanding as of April 1, 2018 |  |  | - |
Granted |  |  | 1,337,391 |
Vested |  |  | - |
Cancelled |  |  | - |
Outstanding as of March 31, 2019 |  |  | 1,337,391 |
Granted |  |  | 4,008,306 |
Vested |  |  | (761,583 | )
Cancelled |  |  | (93,409 | )
Outstanding as of March 31, 2020 |  |  | 4,530,705 |
Schedule of restricted stock awards to employees |
|  | Number of Shares |
Outstanding as of March 31, 2019 |  |  | - |
Granted |  |  | 24,675 |
Vested |  |  | - |
Cancelled |  |  | - |
Outstanding as of March 31, 2020 |  |  | 24,675 |
Schedule of issuances of its restricted common stock to employees |
|  | Number of Shares |  |  | Weighted- Average Grant Date Fair Value per Share |
Non-vested as of March 31, 2018 |  |  | 187,500 |  |  | $ | 5.01 |
Granted |  |  | - |  |  |  | - |
Vested |  |  | (172,222 | ) |  |  | 5.01 |
Forfeited or expired |  |  | - |  |  |  |  |
Non-vested as of March 31, 2019 |  |  | 15,278 |  |  |  | 5.01 |
Granted |  |  | - |  |  |  |  |
Vested |  |  | (15,278 | ) |  |  | 5.01 |
Forfeited or expired |  |  | - |  |  |  | - |
Non-vested as of March 31, 2020 |  |  | - |  |  |  | - |
Schedule of warrant activities |
|  | Number of Warrants |  |  | Weighted Average Exercise Price |  |  | Weighted- Average Remaining Contractual Term (in years) |
Balance outstanding, April 1, 2018 |  | 167,363 |  |  | $4.01 |  |  | 2.94 |
Granted |  |  | - |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |
Forfeited/expired |  |  | - |  |  |  | - |  |  |  | - |
Balance outstanding, March 31, 2019 |  |  | 167,363 |  |  |  | 4.01 |  |  |  | 1.94 |
Granted |  |  | - |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |
Forfeited/expired |  |  | - |  |  |  | - |  |  |  | - |
Balance outstanding, March 31, 2020 |  |  | 167,363 |  |  |  | 4.01 |  |  |  | 0.94 |
Exercisable, March 31, 2020 |  |  | 167,363 |  |  |  | 4.01 |  |  |  | 0.94 |
Options Grants to Employees [Member] |
Schedule of option grants to employees activity |
|  | Year Ended March 31, |
|  | 2020 |  |  | 2019 |
Number of options granted |  |  | 195,000 |  |  |  | 1,237,500 |
Weighted-average exercise price per share |  | $ | 2.39 |  |  | $ | 4.63 |
Weighted-average grant date fair value per share |  | $ | 1.14 |  |  | $ | 2.23 |
Schedule of fair value option grants to employees was determined using the black-sholes-merton option-pricing model |
|  | Year Ended March 31, |
|  | 2020 |  |  |  | 2019 |
Expected volatility |  |  | 47.79%-50.62 | % |  |  |  | 47.43%-52.30 | %
Dividend yield |  |  | 0.00 | % |  |  |  | 0.00 | %
Risk-free rate |  |  | 0.37%-1.88 | % |  |  |  | 2.52%-2.96 | %
Expected term (in years) |  |  | 5.50-7.00 |  |  |  |  | 5.10-7.00 |
Options to Employees [Member] |
Schedule of option grants to employees activity |
|  | Number of Shares |  |  | Weighted- Average Exercise Price per Share |
Outstanding as of April 1, 2018 |  |  | 3,800,001 |  |  | $ | 4.10 |
Granted |  |  | 1,237,500 |  |  |  | 4.63 |
Exercised |  |  | - |  |  |  | - |
Forfeited or expired |  |  | (157,500 | ) |  |  | 5.49 |
Outstanding as of March 31, 2019 |  |  | 4,880,001 |  |  |  | 3.95 |
Granted |  |  | 195,000 |  |  |  | 2.39 |
Exercised |  |  | - |  |  |  | - |
Forfeited or expired |  |  | (671,667 | ) |  |  | 4.87 |
Outstanding as of March 31, 2020 |  |  | 4,403,334 |  |  |  | 3.74 |
Exercisable as of March 31, 2020 |  |  | 3,217,091 |  |  |  | 3.79 |
Options Grants to Non-Employees [Member] |
Schedule of option grants to employees activity |
|  | Number of Shares |  |  | Weighted- Average Exercise Price per Share |
Outstanding as of April 1, 2018 |  |  | 101,667 |  |  | $ | 4.00 |
Granted |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |
Forfeited or expired |  |  | - |  |  |  | - |
Outstanding as of March 31, 2019 |  |  | 101,667 |  |  |  | 4.00 |
Granted |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |
Forfeited or expired |  |  | (76,667 | ) |  |  | 4.00 |
Outstanding as of March 31, 2020 |  |  | 25,000 |  |  |  | 4.00 |
Exercisable as of March 31, 2020 |  |  | 25,000 |  |  |  | 4.00 |

X
- References No definition available. + Details
Name: | livx_ScheduleOfFairValueOptionGrantsToEmployeesWasDeterminedUsingBlacksholesmertonOptionpricingModelTableTextBlock
Namespace Prefix: | livx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | livx_ScheduleOfRestrictedStockAwardsToEmployeesTableTextBlock
Namespace Prefix: | livx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
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
- Details
Name: | us-gaap_OptionIndexedToIssuersEquityTypeAxis=livx_OptionsGrantsToEmployeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_OptionIndexedToIssuersEquityTypeAxis=livx_OptionsToEmployeesOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_OptionIndexedToIssuersEquityTypeAxis=livx_OptionsToNonemployeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |