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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Current Assets    
Cash and cash equivalents $ 6,165 $ 6,987
Restricted cash 155 155
Accounts receivable, net 14,760 13,205
Inventories 2,809 2,187
Prepaid expense and other current assets 1,717 1,801
Total Current Assets 25,606 24,335
Property and equipment, net 3,716 3,646
Goodwill 23,379 23,379
Intangible assets, net 11,528 12,415
Other assets 400 88
Total Assets 64,629 63,863
Liabilities, Current [Abstract]    
Accounts payable and accrued liabilities 27,050 26,953
Accrued royalties 12,729 10,862
Notes payable, current portion 691 692
Deferred revenue 675 728
Senior secured line of credit 7,000 7,000
Derivative liabilities 0 607
Total Current Liabilities 48,145 46,842
Notes payable, net 601 771
Other long-term liabilities 8,934 9,354
Deferred income taxes 339 339
Total Liabilities 58,019 57,306
Commitments and Contingencies
Mezzanine Equity    
Redeemable convertible preferred stock, $0.001 par value; 100,000 shares authorized; None and 5,000 shares issued and outstanding as of June 30, 2024 and March 31, 2024, respectively 0 4,962
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 12,797 and 18,814 shares issued and outstanding as of June 30, 2024 and March 31, 2024, respectively 12,797 18,814
Common stock, $0.001 par value; 500,000,000 shares authorized; 94,578,077 and 88,627,420 shares issued and outstanding, net of treasury shares, respectively 98 92
Additional paid in capital 229,674 216,116
Treasury stock (5,531) (4,782)
Accumulated deficit (240,847) (238,984)
Total LiveOne's Stockholders’ Deficit (3,809) (8,744)
Non-controlling interest 10,419 10,339
Total equity 6,610 1,595
Total Liabilities, Mezzanine Equity and Stockholders’ Equity (Deficit) $ 64,629 $ 63,863