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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (13,311) $ (10,019)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,107 7,969
Interest paid in kind 269 322
Stock-based compensation 6,336 3,048
Change in fair value of bifurcated embedded derivatives 4,460 523
Amortization of debt discount 1,110 4,179
Deferred income taxes 7 (6)
Change in fair value of contingent consideration liability 174 (2,220)
Accretion of preferred stock 135 0
Loss on extinguishment of debt 0 1,034
Settlement of accrued expenses 0 (7,649)
Impairment of fixed assets 2 146
Impairment of intangibles 115 1,356
Provision for credit losses 485 0
Changes in operating assets and liabilities:    
Accounts receivable (32) 29
Prepaid expenses and other current assets 682 (1,660)
Inventories 795 3
Other assets 289 351
Deferred revenue (264) (165)
Accounts payable and accrued liabilities 2,849 (380)
Accrued royalties 1,756 0
Other liabilities (4,116) (704)
Net cash provided by (used in) operating activities 6,848 (3,843)
Cash Flows from Investing Activities:    
Purchases of property and equipment (3,036) (2,437)
Purchase of intangible assets (1,010) (13)
Net cash used in investing activities (4,046) (2,450)
Cash Flows from Financing Activities:    
Payment of contingent consideration 0 (426)
Proceeds on notes payable – related party 0 300
Repayment of notes payable – related party 0 (300)
Proceeds from notes payable 1,700 0
Repayments of notes payable (397) 0
Proceeds from Bridge Loan 0 4,376
Repayment of Bridge Loan (3,000) 0
Proceeds from exercise of stock options 8 0
Purchases of treasury stock (2,620) (2,162)
Net cash (used in) provided by financing activities (4,309) 1,788
Net change in cash, cash equivalents and restricted cash (1,507) (4,505)
Cash, cash equivalents and restricted cash, beginning of year 8,649 13,154
Cash, cash equivalents and restricted cash, end of year 7,142 8,649
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 37 0
Cash paid for interest 1,113 1,931
Supplemental disclosure of non-cash investing and financing activities:    
Accrual of dividends 2,749 397
PodcastOne warrants reclassed from liabilities to non-controlling interest 5,896 0
Fair value of 2,075,000 and 1,248,797 shares issued in connection with Senior Secured Convertible Notes and Unsecured Convertible Notes modification and extinguishment 0 1,954
Fair value of common stock options and restricted stock issued to employees, capitalized as internally-developed software 578 26
Non-cash settlement of contingent consideration in exchange for 414,137 shares of common stock 0 493
1,259,188 shares of common stock issued to consultant and vendors to settle accounts payable 0 945
Fair value of warrant and derivative liabilities issued with debt and equity instruments 0 3,280
Purchase of intangible assets accrued for at period end 1,221 0
Purchase of intangible assets with common stock 1,079 0
Conversion of Bridge Loan into PodcastOne Common Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Debt Conversion, Original Debt 4,752 0
Bridge Loan Accrued Interest Converted to Common Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Debt Conversion, Original Debt 142 0
Conversion of Unsecured Convertible Notes to Series A-1 Preferred Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Debt Conversion, Original Debt 0 21,177
Accrued Dividends Converted to Preferred Stock [Member]    
Supplemental disclosure of non-cash investing and financing activities:    
Accrued dividends converted to Series A Preferred Stock $ 2,637 $ 0