XML 12 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Revenues $ 40,740 $ 13,276 $ 62,606 $ 39,268
Costs and expenses:        
Direct operating 20,997 5,464 31,738 17,097
Selling, general and administrative 9,361 6,373 22,288 21,088
Depreciation and amortization 946 1,012 2,783 2,787
Total operating expenses 31,304 12,849 56,809 40,972
Operating income (loss) 9,436 427 5,797 (1,704)
Interest expense (2,342) (291) (3,110) (781)
Gain (loss) from equity investment in Metaverse, a related party 138 (3,043) 142 (3,761)
Other (expense) income, net (65) 147 96 (331)
Net income (loss) before income taxes 7,167 (2,760) 2,925 (6,577)
Income tax (expense) benefit (6) 24 (19) (12)
Net income (loss) 7,161 (2,736) 2,906 (6,589)
Net income attributable to noncontrolling interest (48) (41) (155) (94)
Net income (loss) attributable to controlling interests 7,113 (2,777) 2,751 (6,683)
Preferred stock dividends (89) (87) (266) (263)
Net income (loss) attributable to common stockholders $ 7,024 $ (2,864) $ 2,485 $ (6,946)
Net income (loss) per share attributable to common stockholders - Basic $ 0.38 $ (0.22) $ 0.13 $ (0.59)
Net income (loss) per share attributable to common stockholders - Diluted $ 0.34 $ (0.22) $ 0.12 $ (0.59)
Weighted average shares of Common Stock outstanding - Basic 15,879,951 12,828,011 15,765,996 11,677,870
Weighted average shares of Common Stock outstanding - Diluted 17,774,240 12,828,011 17,572,730 11,677,870