XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statement of Stockholders’ Equity (Deficit) - USD ($)
$ in Thousands
Common Stock
Additional Paid in Capital
Accumulated Deficit
Total
Balance at Mar. 31, 2020 $ 59 $ 120,932 $ (128,121) $ (7,130)
Balance (in Shares) at Mar. 31, 2020 58,984,382      
Balance at Dec. 31, 2020 $ 75 169,924 (154,573) 15,426
Balance (in Shares) at Dec. 31, 2020 75,265,970      
Shares issued for services to consultants and vendors $ 4 11,457 11,461
Shares issued for services to consultants and vendors (in Shares) 3,780,659      
Stock-based compensation 5,120 5,120
Vested employee restricted stock units $ 2 (2)
Vested employee restricted stock units (in Shares) 1,963,274      
Shares issued in the public offering, net of cost $ 2 7,327 7,329
Shares issued in the public offering, net of cost (in Shares) 1,820,000      
Shares issued for PodcastOne acquisition $ 5 14,986 14,991
Shares issued for PodcastOne acquisition (in Shares) 5,566,885      
Interest paid in kind 9 9
Exercise of employee stock options 481 481
Exercise of employee stock options (in Shares) 120,001      
Shares issued for CPS acquisition $ 2 6,389 6,391
Shares issued for CPS acquisition (in Shares) 2,230,769      
Shares to be issued for CPS acquisition 1,365 1,365
Shares issued in connection with Senior Secured Convertible Notes $ 1 1,860 1,861
Shares issued in connection with Senior Secured Convertible Notes (in Shares) 800,000      
Net loss (26,452) (26,452)
Balance at Sep. 30, 2020 $ 72 158,968 (145,842) 13,198
Balance (in Shares) at Sep. 30, 2020 71,689,101      
Balance at Dec. 31, 2020 $ 75 169,924 (154,573) 15,426
Balance (in Shares) at Dec. 31, 2020 75,265,970      
Shares issued for services to consultants and vendors 998 998
Shares issued for services to consultants and vendors (in Shares) 436,629      
Stock-based compensation 1,568 1,568
Vested employee restricted stock units $ 1 (1)
Vested employee restricted stock units (in Shares) 706,222      
Shares issued in the public offering, net of cost 198 198
Shares issued for PodcastOne acquisition 439 439
Shares issued for PodcastOne acquisition (in Shares) 203,249      
Shares issued for CPS acquisition $ 2 6,389 6,391
Shares issued for CPS acquisition (in Shares) 2,230,769      
Shares to be issued for CPS acquisition 1,365 1,365
Net loss (8,731) (8,731)
Balance at Mar. 31, 2021 $ 77 178,000 (169,941) 8,136
Balance (in Shares) at Mar. 31, 2021 76,807,898      
Balance at Dec. 31, 2021 $ 81 202,093 (205,019) (2,845)
Balance (in Shares) at Dec. 31, 2021 81,112,603      
Stock-based compensation $ 1 13,288 13,289
Stock-based compensation (in Shares) 536,770      
Vested employee restricted stock units $ 1 1
Vested employee restricted stock units (in Shares) 1,247,915      
Interest paid in kind 35 35
Exercise of employee stock options 872 872
Exercise of employee stock options (in Shares) 400,460      
Shares issued for CPS acquisition $ 1 1,825 1,826
Shares issued for CPS acquisition (in Shares) 791,398      
Shares issued for Gramophone acquisition 89 89
Shares issued for Gramophone acquisition (in Shares) 79,365      
Purchase price adjustment in connection with CPS acquisition 301 301
Unsecured convertible note premium 4,199 4,199
Shares issued on amendment of unsecured and secured convertible notes $ 1 3,484 3,485
Shares issued on amendment of unsecured and secured convertible notes (in Shares) 1,248,797      
Net loss (35,078) (35,078)
Balance at Sep. 30, 2021 $ 79 195,769 (193,228) 2,620
Balance (in Shares) at Sep. 30, 2021 79,001,821      
Balance at Dec. 31, 2021 $ 81 202,093 (205,019) (2,845)
Balance (in Shares) at Dec. 31, 2021 81,112,603      
Stock-based compensation 2,919 2,919
Vested employee restricted stock units $ 1 1
Vested employee restricted stock units (in Shares) 711,274      
Exercise of employee stock options 272 272
Exercise of employee stock options (in Shares) 165,000      
Shares issued for Gramophone acquisition 89 89
Shares issued for Gramophone acquisition (in Shares) 79,365      
Shares issued on amendment of unsecured convertible notes $ 1 3,044 3,045
Shares issued on amendment of unsecured convertible notes (in Shares) 1,155,143      
Net loss $ (11,791) $ (11,791)