v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net loss $ (21,253) $ (20,370)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,626 5,325
Interest paid in kind 0
Stock-based compensation 11,152 6,160
Change in fair value of bifurcated embedded derivatives 0 (607)
Amortization of debt discount 440 0
Deferred income taxes 0 (279)
Change in fair value of digital assets 2,057 0
Impairment of fixed asset 0 2,787
Impairment of goodwill 0 1,667
Impairment of intangibles 0 7,203
Provision for credit losses (320) 35
Changes in operating assets and liabilities:    
Accounts receivable 183 4,871
Prepaid expenses and other current assets (1,061) 975
Inventories 900 215
Other assets (132) (9)
Deferred revenue (353) 1,414
Accounts payable and accrued liabilities (884) (563)
Accrued royalties (2,123) (5,488)
Other liabilities (777) 3,032
Net cash (used in) provided by operating activities (10,545) 6,368
Cash Flows from Investing Activities:    
Purchases of property and equipment (3,176) (3,053)
Purchase of digital assets (5,000) 0
Purchase of intangible assets 0 (70)
Net cash used in investing activities (8,176) (3,123)
Cash Flows from Financing Activities:    
Payment of dividends 0 (509)
Payments on Capchase loan (623) (680)
Repayment on line of credit (2,950) (4,050)
Proceeds from common stock offering, net of issuance costs 9,378 0
Proceeds from convertible debt, net of issuance costs 15,199 0
Repayment of convertible debt (450) 0
Purchases of treasury stock (599) (999)
Net cash provided by (used in) financing activities 19,955 (6,238)
Net change in cash, cash equivalents and restricted cash 1,234 (2,993)
Cash, cash equivalents and restricted cash, beginning of year 4,149 7,142
Cash, cash equivalents and restricted cash, end of year 5,383 4,149
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 0 0
Cash paid for interest 2,298 873
Supplemental disclosure of non-cash investing and financing activities:    
Common stock issued to settle accrued expenses 1,795 0
Fair value of shares received of PodcastOne common stock to settle payables owed 1,745 0
Accrual of dividends 1,186 1,583
Fair value of common stock options and restricted stock issued to employees, capitalized as internally-developed software 0 240
Accrued expenses written off associated with intangible asset impairment 0 695
Additions of ROU Assets 201 119
Conversion of Preferred Stock Into Common Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Fair value of preferred stock exchanged for common stock 6,750 0
Conversion of Series A Preferred Stock into Common Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Fair value of preferred stock exchanged for common stock $ 0 $ 11,357