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Fair Value Measurements (Tables) | 9 Months Ended
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Dec. 31, 2021
Fair Value Disclosures [Abstract] |
Schedule of fair value of financial liabilities are measured at fair value on a recurring basis |
|  | December 31, 2021 |
|  | Fair |  |  | Hierarchy Level |
|  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration liability from PodcastOne acquisition |  | $ | 2,937 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,937 |
Contingent consideration from Gramophone acquisition |  |  | 174 |  |  |  | - |  |  |  | - |  |  |  | 174 |
Bifurcated embedded derivative on secured convertible notes payable |  |  | 21 |  |  |  | - |  |  |  | - |  |  |  | 21 |
Bifurcated embedded derivative on unsecured convertible note payable |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
|  | March 31, 2021 |
|  | Fair |  |  | Hierarchy Level |
|  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration liability from PodcastOne acquisition |  | $ | 2,423 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,423 |
Contingent consideration liability from CPS acquisition |  |  | 2,513 |  |  |  | - |  |  |  | - |  |  |  | 2,513 |
Bifurcated embedded derivative on secured convertible debentures |  |  | 118 |  |  |  | - |  |  |  | - |  |  |  | 118 |
Bifurcated embedded derivative on unsecured convertible note payable |  |  | 13 |  |  |  | - |  |  |  | - |  |  |  | 13 |
Schedule of financial liabilities |
|  | Amount |
Balance as of March 31, 2021 |  | $ | 5,067 |
Change in fair value of bifurcated embedded derivatives, reported in earnings |  |  | (110 | )
Change in fair value of contingent consideration liabilities, reported in earnings |  |  | (173 | )
Settlement of contingent consideration liability from CPS acquisition |  |  | (1,826 | )
Initial measurement of contingent consideration from Gramophone acquisition |  |  | 174 |
Balance as of December 31, 2021 |  | $ | 3,132 |
Schedule of derivative instruments |
|  | Amount |
Balance as of March 31, 2020 |  | $ | 665 |
Initial measurement of contingent consideration from PodcastOne acquisition on July 1, 2020 |  |  | 1,100 |
Initial measurement of contingent consideration from CPS acquisition on December 22, 2020 |  |  | 1,254 |
Initial measurement of embedded derivatives on senior secured convertible notes issued on September 15, 2020 |  |  | 671 |
Adjustments reported in loss on extinguishment of debt |  |  | (228 | )
Fair value adjustments reported in earnings |  |  | (866 | )
Balance as of December 31, 2020 |  | $ | 2,596 |
Schedule of derivative on senior secured convertible debentures |
|  | December 31, |  |  | March 31, |
|  | 2021 |  |  | 2021 |
Bifurcated embedded derivative on secured convertible notes payable: |  |  |  |  |  |
Market yield |  |  | 4.7 | % |  |  | 17.0 | %
Bifurcated embedded derivative on unsecured convertible note payable: |  |  |  |  |  |  |  |
Market yield |  |  | N/A |  |  |  | 26.5 | %
Schedule of fair value measurement option for financial assets or liabilities |
|  | December 31, 2021 |
|  | Carrying |  |  | Hierarchy Level |
|  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Secured convertible notes payable, net |  | $ | 13,395 |  |  | $ | - |  |  | $ | - |  |  | $ | 16,132 |
Unsecured convertible notes payable related party, net |  |  | 5,786 |  |  |  | - |  |  |  | - |  |  |  | 6,418 |
Unsecured convertible note payable |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
|  | March 31, 2021 |
|  | Carrying |  |  | Hierarchy Level |
|  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Secured convertible notes payable, net |  | $ | 13,047 |  |  | $ | - |  |  | $ | - |  |  | $ | 20,228 |
Unsecured convertible notes payable related party, net |  |  | 5,501 |  |  |  | - |  |  |  | - |  |  |  | 9,216 |
Unsecured convertible note payable |  |  | 1,976 |  |  |  | - |  |  |  | - |  |  |  | 2,167 |
Schedule of fair value of each of the debentures |
|  | December 31, |  |  | March 31, |
|  | 2021 |  |  | 2021 |
Secured convertible notes payable, net (binomial lattice model): |  |  |  |  |  |
Market yield |  |  | 4.7 | % |  |  | 17.0 | %
Unsecured convertible notes payable related party, net (yield model with a Black-Scholes-Merton option pricing model): |  |  |  |  |  |  |  |
Market yield |  |  | 4.9 | % |  |  | 23.0 | %
Unsecured convertible note payable (yield model with a Black-Scholes-Merton option pricing model): |  |  |  |  |  |  |  |
Market yield |  |  | - | % |  |  | 26.5 | %

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=125515794&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=125515794&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=125515794&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959 + Details
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