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Business Combinations (Tables) | 9 Months Ended
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Dec. 31, 2022
Business Combinations [Abstract] |
Schedule of consideration of common stock |
Fair Value of Consideration Transferred: |  |  |
Cash |  | $ | 150 |
Common stock |  |  | 89 |
Contingent consideration |  |  | 174 |
Total |  | $ | 413 |
Fair Value of Consideration Transferred: |  |  |
Common stock |  | $ | 14,991 |
Contingent consideration |  |  | 1,100 |
Total |  | $ | 16,091 |
Fair Value of Consideration Transferred: |  |  |
Common stock |  | $ | 6,391 |
Additional paid-in capital – common stock to be issued |  |  | 615 |
Contingent consideration |  |  | 1,654 |
Total |  | $ | 8,660 |
Schedule of fair value of assets acquired and liabilities assumed in gramophone acquisition |
Asset Type |  | Amortization Period (Years) |  |  | Fair Value |
Cash and cash equivalents |  |  |  |  |  | $ | 4 |
Accounts receivable |  |  |  |  |  |  | 4 |
Trade name |  |  | 5 |  |  |  | 73 |
Customer list |  |  | 2 |  |  |  | 94 |
Goodwill |  |  |  |  |  |  | 459 |
Deferred revenue |  |  |  |  |  |  | (51 | )
Deferred tax liability |  |  |  |  |  |  | (41 | )
Accrued liabilities |  |  |  |  |  |  | (129 | )
Net assets acquired |  |  |  |  |  | $ | 413 |
Asset Type |  | Weighted Average Amortization Period (Years) |  |  | Fair Value |
Cash and cash equivalents |  |  |  |  |  | $ | 1,286 |
Accounts receivable |  |  |  |  |  |  | 3,951 |
Prepaid expense and other assets |  |  |  |  |  |  | 316 |
Property and equipment |  |  |  |  |  |  | 119 |
Content creator relationships |  |  | 1.6 |  |  |  | 772 |
Trade name |  |  | 10 |  |  |  | 1,010 |
Goodwill |  |  |  |  |  |  | 12,042 |
Accounts payable and accrued liabilities |  |  |  |  |  |  | (2,934 | )
Deferred tax asset |  |  |  |  |  |  | 972 |
Allowance for deferred tax asset |  |  |  |  |  |  | (972 | )
Note payable |  |  |  |  |  |  | (471 | )
Net assets acquired |  |  |  |  |  | $ | 16,091 |
Asset Type |  | Weighted Average Amortization Period (Years) |  |  | Fair Value |
Cash and cash equivalents |  |  |  |  |  | $ | 1,132 |
Accounts receivable |  |  |  |  |  |  | 6,153 |
Inventories |  |  |  |  |  |  | 2,600 |
Prepaid expense |  |  |  |  |  |  | 29 |
Property and equipment |  |  |  |  |  |  | 585 |
Wholesale relationship |  |  | 6 |  |  |  | 2,500 |
Domain name |  |  | 10 |  |  |  | 400 |
Customer list |  |  | 5 |  |  |  | 172 |
Goodwill |  |  |  |  |  |  | 1,207 |
Other assets |  |  |  |  |  |  | 53 |
Right of use asset |  |  |  |  |  |  | 1,086 |
Lease liability |  |  |  |  |  |  | (1,086 | )
Accounts payable |  |  |  |  |  |  | (5,067 | )
Deferred tax liability |  |  |  |  |  |  | (388 | )
Other liabilities |  |  |  |  |  |  | (716 | )
Net assets acquired |  |  |  |  |  | $ | 8,660 |
Schedule of revenues, net loss and earnings per share |
|  | Three Months Ended December 31, 2021 (unaudited) |
Revenues |  | $ | 33,001 |
Net loss |  |  | (11,742 | )
Net loss per share – basic and diluted |  | $ | (0.15 | )
|  | Nine Months Ended December 31, 2021 (unaudited) |
Revenues |  | $ | 94,190 |
Net loss |  |  | (34,757 | )
Net loss per share – basic and diluted |  | $ | (0.45 | )

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