v3.26.1
Note 14 - Other Long-term Liabilities
12 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Other Liabilities Disclosure [Text Block]

Note 14  Other Long-Term Liabilities

 

Other long-term liabilities consisted of the following (in thousands):

 

  

March 31,

  

March 31,

 
  

2026

  

2025

 

Accrued royalties

 $7,284  $7,392 

Accrued legal

  -   1,606 

Accrued sales tax and interest

  4,067   2,375 

Other

  -   863 

Total other long-term liabilities

 $11,351  $12,236 

 

The Company classified $7.3 million and $7.4 million of accrued royalties into long term based on contractual arrangements with the royalty holders for the year ended March 31, 2026 and 2025, respectively. In addition, the Company accrued none and $1.6 million into long term liabilities as a result of the Sound Exchange settlement as of March 31, 2026 and 2025, respectively.