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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2024
Mar. 31, 2024
Current Assets    
Cash and cash equivalents $ 10,854,000 $ 6,987,000
Restricted cash 30,000 155,000
Accounts receivable, net 8,783,000 13,205,000
Inventories 1,634,000 2,187,000
Prepaid expense and other current assets 1,478,000 1,801,000
Total Current Assets 22,779,000 24,335,000
Property and equipment, net 3,755,000 3,646,000
Goodwill 23,379,000 23,379,000
Intangible assets, net 6,192,000 12,415,000
Other assets 111,000 88,000
Total Assets 56,216,000 63,863,000
Liabilities, Current [Abstract]    
Accounts payable and accrued liabilities 24,940,000 26,953,000
Accrued royalties 8,353,000 10,862,000
Notes payable, current portion 689,000 692,000
Deferred revenue 2,616,000 728,000
Senior secured line of credit 4,250,000 7,000,000
Derivative liabilities 0 607,000
Total Current Liabilities 40,848,000 46,842,000
Notes payable, net 261,000 771,000
Other long-term liabilities 13,638,000 9,354,000
Deferred income taxes 339,000 339,000
Total Liabilities 55,086,000 57,306,000
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 December 31, 2024 and March 31, 2024, respectively 0 4,962,000
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 13,588 and 18,814 shares issued and outstanding as of December 31, 2024 and March 31, 2024, respectively 13,588,000 18,814,000
Common stock, $0.001 par value; 500,000,000 shares authorized; 95,668,756 and 88,627,420 shares issued and outstanding as of December 31, 2024 and March 31, 2024, net of treasury shares, respectively 96,000 92,000
Additional paid in capital 232,381,000 216,116,000
Treasury stock (250,000) (4,782,000)
Accumulated deficit (254,257,000) (238,984,000)
Total LiveOne's Stockholders’ Deficit (8,442,000) (8,744,000)
Non-controlling interest 9,572,000 10,339,000
Total equity 1,130,000 1,595,000
Total Liabilities, Mezzanine Equity and Stockholders’ Equity (Deficit) $ 56,216,000 $ 63,863,000