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Note 12 - Related Party Transactions | 12 Months Ended
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Mar. 31, 2024
Notes to Financial Statements |
Related Party Transactions Disclosure [Text Block] | Note 12 — Related Party Transactions As of March 31, 2022, the Company had unsecured 8.5% Senior Secured Convertible Notes previously issued to Trinad Capital (as defined below). In February 2023, the Trinad Notes along with accrued interest thereunder were converted into 6,177 shares of Series A Preferred Stock and Trinad Capital also received 200,000 shares of the Company's common stock. 6,177 shares of Series A Preferred Stock were outstanding as of December 31, 2023. In April 2023 and July 2023, the Company issued 116 and 192 shares of its Series A Preferred Stock, respectively, to Trinad Capital as dividend payments required by the terms of the Series A Preferred Stock. On September 8, 2023, PodcastOne completed its Direct Listing on the Nasdaq Capital Market which resulted in the Company owning 15,672,186 shares of common stock in PodcastOne along with 1,100,000 common stock warrants to purchase shares of PodcastOne's common stock as of December 31, 2023. Also, on this date, PodcastOne issued 147,044 shares of PodcastOne common stock to the Company's CEO as a result of his ownership of the Company's preferred stock. During the years ended March 31, 2024 and 2023, the Company is participating in a production agreement for a podcast and related show with an affiliate of Mr. Wachsberger, the Company’s director. The Company incurred cost of none and $0.1 million for the years ended March 31, 2024 and 2023, respectively, attributed to the arrangement. During the years ended March 31, 2024 and 2023, the Company issue or reserved 123,425 and 150,593 shares of common stock with a value of $0.1 million and $0.2 million to a relative of the CEO for services performed, respectively. During the year ended March 31, 2024, the Company received 159,333 shared of PodcastOne Common stock with a fair value of $0.3 million in exchange for amounts owed under a cost sharing agreement between PodcastOne and the Company.

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