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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Mar. 31, 2023
Current Assets    
Cash and cash equivalents $ 6,987 $ 8,409
Restricted cash 155 240
Accounts receivable, net 13,205 13,658
Inventories 1,801 2,596
Prepaid expense and other current assets 2,187 2,823
Total Current Assets 24,335 27,726
Property, Plant and Equipment, Net 3,646 3,325
Goodwill 23,379 23,379
Intangible assets, net 12,415 11,035
Other assets 88 423
Total Assets 63,863 65,888
Liabilities, Current [Abstract]    
Accounts payable and accrued liabilities 26,953 22,772
Accrued royalties 10,862 12,826
Notes payable, current portion 692 15
Bridge loan 0 4,726
Senior secured revolving line of credit, net 7,000 0
Deferred revenue 728 992
Derivative liabilities 607 3,148
Total Current Liabilities 46,842 44,479
Senior secured revolving line of credit, net 0 7,000
Notes payable, net 771 148
Lease liabilities, noncurrent 0 161
Derivative liabilities, noncurrent 0 376
Other long-term liabilities 9,354 9,578
Deferred income taxes 339 332
Total Liabilities 57,306 62,074
Commitments and Contingencies
Mezzanine Equity    
Redeemable convertible preferred stock, $0.001 par value; 100,000 shares authorized; 5,000 shares issued and outstanding as of March 31, 2024 and 2023, respectively 4,962 4,827
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 18,814 and 16,177 shares issued and outstanding as of March 31, 2024 and 2023, respectively 18,814 16,177
Common stock, $0.001 par value; 500,000,000 shares authorized; 88,627,420 issued and outstanding as of March 31, 2024; 87,441,247 shares issued and outstanding as of March 31, 2023 92 90
Additional paid in capital 216,116 209,151
Treasury stock (4,782) (2,162)
Accumulated deficit (238,984) (224,269)
Total LiveOne's Stockholders’ Deficit (8,744) (1,013)
Non-controlling interest 10,339 0
Total equity (deficit) 1,595 (1,013)
Total Liabilities, Mezzanine Equity and Stockholders’ Equity (Deficit) $ 63,863 $ 65,888