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Fair Value Measurements (Tables)
9 Months Ended
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%