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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenue: $ 31,245 $ 27,309 $ 87,541 $ 74,063
Operating expenses:        
Cost of sales 23,267 19,362 63,015 48,487
Sales and marketing 1,514 1,608 5,671 6,334
Product development 694 1,035 3,379 3,892
General and administrative 5,880 4,535 17,641 11,220
Impairment of intangible assets 115 0 115 1,356
Amortization of intangible assets 528 1,343 1,227 4,098
Total operating expenses 31,998 27,883 91,048 75,387
Loss from operations (753) (574) (3,507) (1,324)
Other income (expense):        
Interest expense, net (1,279) (2,220) (3,477) (5,793)
Other income (expense) (207) 257 (3,639) 2,523
Total other expense, net (1,486) (1,963) (7,116) (3,270)
Loss before provision (benefit) for income taxes (2,239) (2,537) (10,623) (4,594)
Provision (benefit) for income taxes (15) 11 43 15
Net loss (2,224) (2,548) (10,666) (4,609)
Net loss attributable to non-controlling interest (650) 0 (997) 0
Net loss attributed to LiveOne $ (1,574) $ (2,548) $ (9,669) $ (4,609)
Net loss per share – basic and diluted (in dollars per share) $ (0.03) $ (0.03) $ (0.13) $ (0.05)
Weighted average common shares – basic and diluted (in shares) 87,882,364 85,585,117 87,477,623 84,009,003