Note 4 - Goodwill and Intangible Assets

12 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Intangible Asset and Goodwill [Text Block]

Note 4 — Goodwill and Intangible Assets

Goodwill

The Company currently has one reporting unit. The following table presents the changes in the carrying amount of goodwill for the year ended March 31, 2026 (in thousands):

		*Goodwill*
Balance as of March 31, 2025		$	12,041
Acquisitions			-
Balance as of March 31, 2026		$	12,041

Finite-Lived Intangible Assets

The Company’s finite-lived intangible assets were as follows as of March 31, 2026 (in thousands):

		*Gross*								*Net*
		*Carrying*				*Accumulated*				*Carrying*
		*Value*				*Amortization*				*Value*
Content creator relationships		$	3,229			$	3,045			$	184
Brand and trade names			1,010				581				429
Total		$	4,239			$	3,626			$	613

The Company’s finite-lived intangible assets were as follows as of March 31, 2025 (in thousands):

		*Gross*								*Net*
		*Carrying*				*Accumulated*				*Carrying*
		*Value*				*Amortization*				*Value*
Content creator relationships		$	3,229			$	2,573			$	656
Brand and trade names			1,010				480				530
Total		$	4,239			$	3,053			$	1,186

The Company’s amortization expense on its finite-lived intangible assets was $0.6 million and $1.1 million for the years ended March 31, 2026 and 2025, respectively.

The Company recorded an impairment charge of none and $0.2 million for the year ended March 31, 2026 and 2025, respectively. The impairment for the year ended March 31, 2025 was the result of the winding down of a podcast show acquired by PodcastOne.

The Company expects to record amortization of intangible assets for fiscal years ending March 31, 2026 and future fiscal years as follows (in thousands):

For Years Ending March 31,
2027		$	346
2028			101
2029			101
2030			65
Total		$	613