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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (9,513) $ (10,666)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,965 3,668
Interest paid in kind 0 269
Stock-based compensation 4,508 5,419
Amortization of debt discount 0 1,110
Change in fair value of bifurcated embedded derivatives (607) 4,132
Change in fair value of contingent consideration liability 0 174
Accretion on preferred stock 0 106
(Recovery of) provision for credit loss 73 509
Impairment of fixed assets 0 2
Impairment of intangible assets 3,983 115
Changes in operating assets and liabilities:    
Accounts receivable 4,348 (2,908)
Prepaid expenses and other current assets 709 1,312
Inventories 167 504
Other assets (23) 255
Deferred revenue 1,888 (204)
Accounts payable and accrued liabilities (554) (275)
Accrued royalties 1,248 3,606
Other liabilities 446 (3,324)
Net cash provided by (used in) operating activities 10,638 3,804
Cash Flows from Investing Activities:    
Purchases of property and equipment (2,128) (2,092)
Purchases of intangible assets 0 (688)
Net cash used in investing activities (2,128) (2,780)
Cash Flows from Financing Activities:    
Payment on PodcastOne bridge loan 0 (3,000)
Payment of dividends (509) 0
Proceeds from (Repayments of) Notes Payable (510) (227)
Repayment on line of credit (2,750) 0
Proceeds from notes payable 0 1,700
Proceeds from exercise of stock options 0 8
Purchase of treasury stock (999) (1,701)
Net cash used in financing activities (4,768) (3,220)
Net change in cash, cash equivalents and restricted cash 3,742 (2,196)
Cash, cash equivalents and restricted cash, beginning of period 7,142 8,649
Cash, cash equivalents and restricted cash, end of period 10,884 6,453
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 0 37
Cash paid for interest 1,276 869
Supplemental disclosure of non-cash investing and financing activities:    
Common stock issued for prepaid expenses 0 422
Conversion of the bridge loan into PodcastOne common stock 0 4,752
Conversion of Series A preferred stock into common stock 0 2,427
Accrual of dividends 0 2,016
PodcastOne warrants reclassified from liabilities to non-controlling interest 0 5,896
Fair value of shares issued to settle accrued stock to be issued at period end 220 0
Fair value of shares received of PodcastOne common stock to settle payables owed 484 0
Purchase of intangible assets accrued for at period end 766 737
Addition of ROU assets 119 0
Purchase of intangible assets with common stock 0 917
Stock compensation expense capitalized as internally-developed software 290 655
Conversion of Series A Preferred Stock into Common Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Conversion of Series A preferred stock into common stock $ 11,357 $ 0