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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2025
Mar. 31, 2025
Current Assets    
Cash and cash equivalents $ 11,724,000 $ 4,119,000
Restricted cash 30,000 30,000
Accounts receivable, net 7,650,000 8,299,000
Inventories 1,462,000 1,586,000
Prepaid expense and other current assets 1,446,000 1,212,000
Total Current Assets 22,312,000 15,246,000
Property and equipment, net 2,515,000 893,000
Goodwill 21,712,000 21,712,000
Intangible assets, net 2,279,000 2,569,000
Intangible digital assets 4,921,000 0
Other assets 81,000 97,000
Total Assets 53,820,000 40,517,000
Liabilities, Current [Abstract]    
Accounts payable and accrued liabilities 29,144,000 25,180,000
Accrued royalties 4,757,000 5,490,000
Notes payable, current portion 284,000 623,000
Convertible note, current portion 300,000 0
Deferred revenue 967,000 2,141,000
Senior secured line of credit 0 2,950,000
Total Current Liabilities 35,452,000 36,384,000
Notes payable, net 149,000 150,000
Operating lease liability, noncurrent 76,000 99,000
Convertible note, noncurrent 14,885,000 0
Other long-term liabilities 11,206,000 12,236,000
Deferred income taxes 60,000 60,000
Total Liabilities 61,828,000 48,929,000
Commitments and Contingencies
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 7,947 and 14,002 shares issued and outstanding as of September 30, 2025 and March 31, 2025, respectively 7,947,000 14,002,000
Common stock, $0.001 par value; 500,000,000 shares authorized; 11,467,091 and 9,672,451 shares issued and outstanding as of September 30, 2025 and March 31, 2025, net of treasury shares, respectively* [1] 11,000 10,000
Additional paid in capital* [1] 251,593,000 233,582,000
Treasury stock* [1] (835,000) (250,000)
Accumulated deficit (274,949,000) (265,119,000)
Total LiveOne Stockholders’ Deficit (16,233,000) (17,775,000)
Non-controlling interest 8,225,000 9,363,000
Total stockholders' deficit (8,008,000) (8,412,000)
Total Liabilities and Stockholders’ Deficit $ 53,820,000 $ 40,517,000
[1] After giving effect to the Reverse Stock Split - See Note 16 - Stockholders' Deficit