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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Revenue: $ 29,445 $ 31,245 $ 95,117 $ 87,541
Operating expenses:        
Cost of sales 22,292 23,267 71,897 63,015
Sales and marketing 1,763 1,514 4,685 5,671
Product development 1,115 694 3,346 3,379
General and administrative 5,241 5,880 17,031 17,641
Impairment of intangible assets 3,807 115 3,983 115
Amortization of intangible assets 340 528 1,474 1,227
Total operating expenses 34,558 31,998 102,416 91,048
Loss from operations (5,113) (753) (7,299) (3,507)
Other income (expense):        
Interest expense, net (544) (1,279) (2,211) (3,477)
Other income (expense) 34 (207) 52 (3,639)
Total other expense, net (510) (1,486) (2,159) (7,116)
Loss before provision for income taxes (5,623) (2,239) (9,458) (10,623)
Provision for (benefit from) income taxes 15 (15) 55 43
Net loss (5,638) (2,224) (9,513) (10,666)
Net loss attributable to non-controlling interest (405) (650) (1,251) (997)
Net loss attributed to LiveOne $ (5,233) $ (1,574) $ (8,262) $ (9,669)
Net loss per share – basic and diluted (in dollars per share) $ (0.06) $ (0.03) $ (0.1) $ (0.13)
Basic and diluted weighted average number of shares outstanding (in shares) 95,501,753 87,882,364 94,858,531 87,477,623