v3.26.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Current Assets    
Cash and cash equivalents $ 5,353,000 $ 4,119,000
Restricted cash 30,000 30,000
Accounts receivable, net 8,437,000 8,299,000
Inventories 685,000 1,586,000
Prepaid expense and other current assets 2,273,000 1,212,000
Total Current Assets 16,778,000 15,246,000
Property and equipment, net 3,297,000 893,000
Goodwill 21,712,000 21,712,000
Intangible assets, net 1,916,000 2,569,000
Digital assets 2,943,000 0
Other assets 229,000 97,000
Total Assets 46,875,000 40,517,000
Liabilities, Current [Abstract]    
Accounts payable and accrued liabilities 27,719,000 25,180,000
Accrued royalties 3,475,000 5,490,000
Notes payable, current portion 0 623,000
Senior secured revolving line of credit, net 0 2,950,000
Deferred revenue 1,789,000 2,141,000
Convertible note, current portion 2,900,000 0
Total Current Liabilities 35,883,000 36,384,000
Notes payable, net 149,000 150,000
Convertible note, noncurrent 11,689,000 0
Lease liabilities, noncurrent 134,000 99,000
Other long-term liabilities 11,351,000 12,236,000
Deferred income taxes 61,000 60,000
Total Liabilities 59,267,000 48,929,000
Commitments and Contingencies
Stockholders’ Deficit    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 8,438 and 14,002 shares issued and outstanding as of March 31, 2026 and 2025, respectively 8,438,000 14,002,000
Common stock, $0.001 par value; 500,000,000 shares authorized; 12,276,978 issued and outstanding as of March 31, 2026; 9,672,451 shares issued and outstanding as of March 31, 2025, net of treasury shares 12,000 10,000
Additional paid in capital* [1] 259,122,000 233,582,000
Treasury stock* [1] (849,000) (250,000)
Accumulated deficit (287,270,000) (265,119,000)
Total LiveOne's Stockholders’ Deficit (20,547,000) (17,775,000)
Non-controlling interest 8,155,000 9,363,000
Total equity (deficit) (12,392,000) (8,412,000)
Total Liabilities, Mezzanine Equity and Stockholders’ Deficit $ 46,875,000 $ 40,517,000
[1] After giving effect to the Reverse Stock Split - See Note 16 - Stockholders' Deficit. The accompanying notes are an integral part of these consolidated financial statements.