XML 58 R42.htm IDEA: XBRL DOCUMENT v3.21.2

Stockholders’ Equity (Tables)

12 Months Ended

Mar. 31, 2021

Stockholders’ Equity (Tables) [Line Items]

Schedule of option grants made to employees

		Year Ended March 31,
		2021				2020
Number of options granted			350,000				195,000
Weighted-average exercise price per share		$	4.11			$	2.39
Weighted-average grant date fair value per share		$	1.85			$	1.14

		Year Ended March 31,
		2021				2020
Number of units granted			1,914,136				4,048,306
Weighted-average grant date fair value per share		$	3.15			$	2.12

Schedule of grant date fair value of each of these option grants

		Year Ended March 31,
		2021				2020
Expected volatility			53.97% - 73.61	%			47.79% - 50.62	%
Dividend yield			0.00	%			0.00	%
Risk-free rate			0.22% - 0.46	%			0.37% - 1.88	%
Expected term (in years)			5.25 - 7.00				5.50 - 7.00

Schedule of activity of our restricted stock units issued

		Number of Shares
Outstanding as of April 1, 2019			1,337,391
Granted			4,048,306
Vested			(761,583	)
Cancelled			(93,409	)
Outstanding as of March 31, 2020			4,530,705
Granted			1,914,136
Vested			(1,641,082	)
Cancelled			(290,843	)
Outstanding as of March 31, 2021			4,512,916

		Number of Shares
Outstanding as of April 1, 2019			-
Granted			24,675
Outstanding as of March 31, 2020			24,675
Granted			-
Vested			-
Cancelled			(24,675	)
Outstanding as of March 31, 2021			-

Schedule of issuances of its restricted common stock to employees

		Number of Shares				Weighted- Average Grant Date Fair Value per Share
Unvested as of April 1, 2019			15,278			$	5.01
Granted			-				-
Vested			(15,278	)			5.01
Forfeited or expired			-				-
Unvested as of March 31, 2020			-				-
Granted			-				-
Vested			-				-
Forfeited or expired			-				-
Unvested as of March 31, 2021			-				-

Schedule of warrant activities

		Number of Warrants				Weighted Average Exercise Price				Weighted- Average Remaining Contractual Term (in years)
Balance outstanding, April 1, 2019			167,363			$	4.01				1.94
Granted			-				-				-
Exercised			-				-				-
Forfeited/expired			-				-				-
Balance outstanding, March 31, 2020			167,363				4.01				0.94
Granted			-				-				-
Exercised			-				-				-
Forfeited/expired			(167,363	)			4.01				0.94
Balance outstanding, March 31, 2021			-				-				-
Exercisable, March 31, 2021			-				-				-

Options to Employees [Member]

Stockholders’ Equity (Tables) [Line Items]

Schedule of option grants made to employees

		Number of Shares				Weighted- Average Exercise Price per Share
Outstanding as of April 1, 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
Granted			350,000				4.11
Exercised			(654,250	)			3.90
Forfeited or expired			(177,500	)			4.00
Outstanding as of March 31, 2021			3,921,584				3.74
Exercisable as of March 31, 2021			3,454,170				3.75

		Number of Shares				Weighted- Average Exercise Price per Share
Outstanding as of April 1, 2019			101,667			$	4.00
Granted			-				-
Exercised			-				-
Forfeited or expired			(76,667	)			4.00
Outstanding as of March 31, 2020			25,000				4.00
Granted			-				-
Exercised			-				-
Forfeited or expired			-				-
Outstanding as of March 31, 2021			25,000				4.00
Exercisable as of March 31, 2021			25,000				4.00

X

- References

No definition available.

+ Details

Name:	livx_StockholdersEquityTablesLineItems
Namespace Prefix:	livx_
Data Type:	xbrli:stringItemType
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=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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=120381028&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=120381028&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=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ 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 (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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=120381028&loc=d3e5047-113901

Reference 2: 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:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_OptionIndexedToIssuersEquityTypeAxis=livx_OptionsToEmployeeOneMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: