XML 58 R47.htm IDEA: XBRL DOCUMENT v3.21.2
Business Combinations (Details) - USD ($)
$ / shares in Units, $ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Jul. 07, 2021
Dec. 22, 2020
Jul. 31, 2020
Dec. 31, 2021
Sep. 30, 2021
Sep. 30, 2021
Mar. 31, 2021
Business Combinations (Details) [Line Items]              
Podcastone for net consideration     $ 16,100        
Common stock, shares (in Shares)     5,363,636        
Common stock fair value     $ 14,600        
Lack of marketability, percentage   25.00% 24.00%        
Fair-valued     $ 1,100        
Additional value of common stock     $ 400   $ 1,826 $ 1,826  
Discount for lack marketability     24.00%        
Market price of common stock, description     If, during the period commencing after May 7, 2020 and ending on July 1, 2022, for five consecutive trading days the closing market price of the Company’s common stock exceeds $5.00 per share, an additional aggregate payment of $3.0 million in cash shall be paid to the sellers of PodcastOne in accordance with their respective pro rata percentage within five business days of the second anniversary of the closing date (July 1, 2022).        
Debt Instrument, Maturity Date     Jul. 01, 2020        
Contingent fair value     $ 1,100        
Credit yield, percentage     21.90%        
Common stock exceeds (in Dollars per share)             $ 5
Charge to other income (expense)           100  
Other long-term liabilities         2,900 2,900  
Total amount of purchase price           600  
Adjustment of purchase price           $ 301  
Restricted common stock (in Shares) 214,475            
Series of Individually Immaterial Business Acquisitions [Member]              
Business Combinations (Details) [Line Items]              
Equity interests, percentage   100.00% 100.00%        
CPS [Member]              
Business Combinations (Details) [Line Items]              
Lack of marketability, percentage           25.00%  
Additional shares of common stock (in Shares)           214,000  
Additional value of common stock           $ 600  
Charge to other income (expense)         $ 200    
Restricted common stock (in Shares)   2,230,769          
Restricted value   $ 6,400          
Description of business combination   The Company agreed to also issue up to approximately 577,000 additional shares of its restricted common stock, classified as contingent consideration, as CPS reported GAAP revenue of at least $20.0 million and $1.0 million of EBITDA (as defined in the purchase agreement) for its fiscal year ended December 31, 2020. Based on their likelihood of achievement these number of shares reflect management’s current estimate and were valued at $1.7 million based on the Company’s stock price on the date of acquisition, net of a 25% discount for lack of marketability.          
Restricted common stock (in Shares) 576,923            
Working capital           4,000  
CPS acquisition [Member]              
Business Combinations (Details) [Line Items]              
Adjustment of purchase price           $ 300  
Forecast [Member]              
Business Combinations (Details) [Line Items]              
Additional shares of common stock (in Shares)       203,249