v3.26.1
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Redeemable Convertible Preferred Stock 1 [Member]
Preferred Stock [Member]
Common Stock Outstanding [Member]
 [1]
Common Stock [Member]
Additional Paid-in Capital [Member]
 [1]
Retained Earnings [Member]
Noncontrolling Interest [Member]
Treasury Stock, Common [Member]
Total
Balance (in shares) at Mar. 31, 2024 5,000 18,814 9,260,247            
Balance at Mar. 31, 2024 $ 4,962 $ 18,814   $ 9 [1] $ 216,199 $ (238,984) $ 10,339 $ (4,782) $ 1,595
Balance (in shares) at Mar. 31, 2024               (386,004)  
Stock-based compensation $ 0 $ 0   0 [1] 3,993 0 0 $ 0 3,993
Vested employee restricted stock units (in shares) 0 0 197,855         0  
Vested employee restricted stock units $ 0 $ 0   0 3 0 0 $ 0 3
Retirement of treasury stock (in shares) 0 0 (426,263)         426,263  
Retirement of treasury stock $ 0 $ 0   0 (4) (5,527) 0 $ 5,531  
Retirement of treasury stock                 0
Conversion of Series A Preferred Stock into common stock and common stock warrants (in shares) (5,000) (6,395) 542,623         0  
Conversion of Series A Preferred Stock into common stock and common stock warrants $ (4,962) $ (6,395)   1 11,672 (316) 0 $ 0 4,962
Issuance of PodcastOne common stock $ 0 $ 0   0 [1] (685) 0 685 $ 0 0
Dividends on Series A preferred stock (in shares) 0 1,583 0         0  
Dividends on Series A preferred stock $ 0 $ 1,583   0 [1] 0 (1,583) 0 $ 0 0
Common stock issued for services (in shares) 0 0 113,554         0  
Common stock issued for services $ 0 $ 0   0 [1] 2,404 0 0 $ 0 $ 2,404
Treasury stock purchases (in shares) 0 0 0         (55,824) (55,824)
Treasury stock purchases $ 0 $ 0   0 [1] 0 0 0 $ (999) $ (999)
Net loss $ 0 $ 0   0 [1] 0 (18,709) (1,661) 0 (20,370)
Conversion of preferred stock       10,000          
Balance (in shares) at Mar. 31, 2025 0 14,002 9,688,016            
Balance at Mar. 31, 2025 $ 0 $ 14,002   10 [1] 233,582 (265,119) 9,363 $ (250) (8,412)
Balance (in shares) at Mar. 31, 2025               (15,565)  
Stock-based compensation $ 0 $ 0   0 [1] 2,992 0 0 $ 0 2,992
Vested employee restricted stock units (in shares) 0 0 32,773         0  
Vested employee restricted stock units $ 0 $ 0   0 0 0 0 $ 0 0
Conversion of Series A Preferred Stock into common stock and common stock warrants (in shares) 0 (6,750) 450,000         0  
Issuance of PodcastOne common stock $ 0 $ 0   0 [1] 1,745 0 (920) $ 0 825
Dividends on Series A preferred stock (in shares) 0 1,186 0         0  
Dividends on Series A preferred stock $ 0 $ 1,186   0 [1] 0 (1,186) 0 $ 0 0
Common stock issued for services (in shares) 0 0 681,628         0  
Common stock issued for services $ 0 $ 0   1 [1] 2,880 0 0 $ 0 $ 2,881
Treasury stock purchases (in shares) 0 0 0         (93,807) (93,807)
Treasury stock purchases $ 0 $ 0   0 [1] 0 0 0 $ (599) $ (599)
Net loss 0 0   0 [1] 0 (20,965) (288) 0 (21,253)
Conversion of preferred stock $ 0 $ (6,750)   0 [1] 6,750 0 0 $ 0 0
Issuance of common stock and common stock warrants (in shares) 0 0 1,360,833         0  
Issuance of common stock and common stock warrants $ 0 $ 0   1 [1] 9,377 0 0 $ 0 9,378
Common stock issued for settlement of accrued expenses (in shares) 0 0 173,100         0  
Common stock issued for settlement of accrued expenses $ 0 $ 0   0 [1] 1,796 0 0 $ 0 1,796
Balance (in shares) at Mar. 31, 2026 0 8,438 12,386,350            
Balance at Mar. 31, 2026 $ 0 $ 8,438   $ 12 [1] $ 259,122 $ (287,270) $ 8,155 $ (849) $ (12,392)
Balance (in shares) at Mar. 31, 2026               (109,372)  
[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.