LiveOne (LVO) S-1 11 May 17 IPO registration Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	LOTON, CORP
Entity Central Index Key	1,491,419
Trading Symbol	LIVX
Amendment Flag	false
Document Type	S1
Document Period End Date	Dec. 31, 2016
Entity Filer Category	Smaller Reporting Company

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Current Assets:
Cash and cash equivalents	$ 2,098,488	$ 36,898	$ 36,121
Prepaid expense	12,940	15,995	810
Total Current Assets	2,111,428	52,893	36,931
Other Assets
Fixed assets, net	63,479	62,569	10,892
Investment in affiliate		4,889,515	4,478,962
Note receivable - related party		213,331	494,750
Total Assets	2,174,907	5,218,308	5,021,535
Current Liabilities:
Accounts payable and accrued liabilities	677,521	481,412	364,690
Note payable	273,172	262,042	246,086
Due to related parties	124,500	117,124	101,345
Accrued interest, related party	398,096	232,733	81,103
Note payable, related party, net of discount	3,154,100	2,784,000	825,000
Services payable, related party	1,000,000	1,000,000	1,000,000
Total Current Liabilities	5,627,389	4,877,311	2,618,224
Unsecured convertible notes, net of discount	361,116	110,273
Total Liabilities	5,988,505	4,987,584	2,618,224
Stockholders' Equity
Preferred stock, $0.001 par value; 1,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.001 par value; 500,000,000 shares authorized; 100,941,430 and 91,996,976 shares issued and outstanding, respectively	100,941	91,997	88,270
Additional paid in capital	19,074,754	13,984,898	12,414,268
Accumulated deficit	(22,989,293)	(13,846,171)	(10,099,227)
Total stockholders' equity (deficit)	(3,813,598)	230,724	2,403,311
Total Liabilities and Stockholders' Equity (Deficit)	$ 2,174,907	$ 5,218,308	$ 5,021,535

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Preferred stock, authorized	1,000,000	1,000,000	1,000,000
Preferred stock, issued
Preferred stock, outstanding
Common stock, par value	$ 0.001	$ 0.001	$ 0.001
Common stock, authorized	500,000,000	500,000,000	500,000,000
Common stock, issued	100,941,430	91,996,976	88,269,976
Common stock, outstanding	100,941,430	91,996,976	88,269,976

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Income Statement [Abstract]
Revenue			$ 225,000
Operating expenses:
Selling, general and administrative	1,259,297	363,303	3,786,840	2,891,946	3,619,000	2,715,881
Related party expenses	90,000	90,000	270,000	270,000	360,000	526,660
Total operating expenses	1,349,297	453,303	4,056,840	3,161,946	3,979,000	3,242,541
Loss from operations	(1,349,297)	(453,303)	(3,831,840)	(3,161,946)	(3,979,000)	(3,242,541)
Other income (expense):
Compensation expense, investors						(2,600,080)
Interest expense, net	(257,372)	(49,265)	(437,733)	(66,830)	(178,498)	(46,016)
Fair value of warrants issued for related party note extension			(1,661,113)
Fair value of warrants issued for inducement to convert			(341,864)
Earnings from investment	69,163	188,178	132,832	268,090	410,553	278,962
Impairment of note receivable - related party	(213,331)		(213,331)
Loss on sale of investment in affiliate	(2,790,073)		(2,790,073)
Total non-operating expenses	(3,191,613)	138,913	(5,311,282)	201,260	232,055	(2,367,134)
Net loss	$ (4,540,910)	$ (314,390)	$ (9,143,122)	$ (2,960,686)	$ (3,746,944)	$ (5,609,675)
Net loss per share - basic and diluted (in dollars per share)	$ (0.05)	$ 0	$ (0.10)	$ (0.03)	$ (0.04)	$ (0.7)
Weighted average common shares - basic and diluted (in shares)	100,456,780	91,846,946	96,087,426	90,597,462	90,082,796	75,272,994

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid in Capital [Member]	Accumulated Deficit [Member]
Balance at beginning at Mar. 31, 2014	$ (1,090,549)		$ 18,240	$ 3,380,763	$ (4,489,552)
Balance at beginning (in shares) at Mar. 31, 2014			18,240,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for acquisition of OCHL	4,200,000		$ 58,000	4,142,000
Shares issued for acquisition of OCHL, Shares			58,000,000
Shares issued for cash	825,000		$ 1,650	823,350
Shares issued for cash, Shares			1,650,000
Shares issued for services and advisory board	960,000		$ 2,570	957,430
Shares issued for services and advisory board, Shares			2,570,000
Shares issued upon exercise of warrants	29,500		$ 5,900	23,600
Shares issued upon exercise of warrants, Shares			5,900,000
Shares issued as payment for amounts owed to legal advisors	477,494		$ 1,910	475,584
Shares issued as payment for amounts owed to legal advisors, Shares			1,909,976
Amortization of warrants issued to related parties for services	11,461			11,461
Fair value of warrants issued for compensation	(2,600,080)			2,600,080
Net loss	(5,609,675)				(5,609,675)
Balance at ending at Mar. 31, 2015	2,403,311		$ 88,270	12,414,268	(10,099,227)
Balance at ending (in shares) at Mar. 31, 2015			88,269,976
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for cash	612,500		$ 762	611,738
Shares issued for cash, Shares			762,500
Shares issued for services and advisory board	856,500		$ 1,802	854,698
Shares issued for services and advisory board, Shares			1,802,000
Shares issued upon exercise of warrants	5,813		$ 1,162	4,650
Shares issued upon exercise of warrants, Shares			1,162,500
Shares issued as payment for amounts owed to legal advisors
Fair value of warrants issued for compensation
Fair value of warrants issued as debt discount	99,544			99,544
Net loss	(3,746,944)				(3,746,944)
Balance at ending at Mar. 31, 2016	230,724		$ 91,997	13,984,898	(13,846,171)
Balance at ending (in shares) at Mar. 31, 2016			91,996,976
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for cash	1,375,000		$ 550	1,374,450
Shares issued for cash, Shares			550,000
Shares issued for services and advisory board	1,031,252		$ 831	1,030,421
Shares issued for services and advisory board, Shares			831,214
Shares issued upon exercise of warrants	26,293		$ 7,357	18,936
Shares issued upon exercise of warrants, Shares			7,357,322
Share issued upon debt conversion	205,918		$ 206	205,712
Share issued upon debt conversion, Shares			205,918
Fair value of warrants issued for related party note extension	1,661,113			1,661,113
Fair value of warrants issued for inducement to convert	341,864			341,864
Fair value of warrants issued as valuation discount	320,423			320,423
Fair value of beneficial conversion feature	136,936			136,936
Net loss	(9,143,122)				(9,143,122)
Balance at ending at Dec. 31, 2016	$ (3,813,598)		$ 100,941	$ 19,074,754	$ (22,989,293)
Balance at ending (in shares) at Dec. 31, 2016			100,941,430

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Cash Flows from Operating Activities:
Net loss	$ (9,143,122)	$ (2,960,686)	$ (3,746,944)	$ (5,609,675)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	18,043	2,787	6,336	3,048
Common stock issued for services	1,031,252	967,813	856,500	971,461
Amortized debt discount	115,398		9,817
Fair value for beneficial conversion feature	136,936
Fair value for warrants issued for related party note extension and inducement to convert	2,002,978
Warrants issued for compensation				2,600,080
Equity in earnings of affiliate	(132,832)	(268,090)	(410,553)	(278,962)
Loss on sale of investment in affiliate	2,790,073
Impairment of note receivable - related party	213,331
Changes in operating assets and liabilities:
(Increase)/Decrease in prepaid expenses	3,055	810	(15,185)	265,068
(Increase)/Decrease in other current assets		(31,750)
Decrease/(Increase) in accrued interest	188,279
(Increase)/Decrease from loans, related party			15,779	101,345
Services payable - related party				166,660
Decrease/(Increase) in accounts payable and accrued liabilities	196,109	370,723	284,307	833,221
Net cash used in operating activities	(2,580,500)	(1,918,393)	(2,999,941)	(947,754)
Cash Flows from Investing Activities:
Purchases of fixed assets	(18,953)		(58,013)	(5,322)
Sale of investment	2,182,274
Note receivable, OCHL			281,418	(494,750)
Net cash used in investing activities	2,163,321		(223,406)	(500,072)
Cash Flows from Financing Activities
Proceeds from notes payable, related party	820,100	1,924,000	1,959,000	625,000
Repayment of note payable, related party	(450,000)	(439,500)		(300,000)
Proceeds from convertible notes	705,000		200,000
Repayment of convertible notes	(55,000)
Proceeds from warrant exercise	26,293	6,813
Proceeds from issuance of common stock	1,375,000	612,500	618,314	854,500
Proceeds from loans, related party	57,376	(28,026)
Net cash provided by financing activities	2,478,769	2,075,787	2,777,314	1,179,500
Net Increase/(Decrease) in cash	2,061,590	157,394	777	(268,326)
Cash, beginning of period	36,898	36,121	36,121	304,446
Cash, end of period	2,098,488	193,515	36,898	36,121
Supplemental Schedule of Non-Cash Investing and Financing
Shares for investment in OCHL				4,200,000
Warrants issued as debt discount			97,544
Conversion of accounts payable into equity				477,494
Conversion of accounts payable to notes payable				$ 242,498
Fair value for warrants issued recorded as valuation discount	320,423
Common stock issued upon conversion of note payable	$ 205,918

Organization, Operations and Ba

Organization, Operations and Basis of Presentation	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Organization, Operations and Basis of Presentation; Going Concern [Abstract]
Organization, Operations and Basis of Presentation; Going Concern	Note 1 — Organization, Operations and Basis of Presentation; Going Concern Business and Operations Loton, Corp (“we,” “us,” “our” or the “Company”) was incorporated under the laws of the State of Nevada on December 28, 2009. The Company’s mission is to aggregate live music and content driven by live music through mutually beneficial relationships with the world’s top talent, music companies, festivals and promoters and to provide fans with the opportunity to see their favorite festivals, concerts and experiences on any screen they choose across all video platforms and devices from mobile to home. Basis of Presentation The interim condensed consolidated financial statements included herein reflect all material adjustments (consisting of normal recurring adjustments and reclassifications and non-recurring adjustments) which, in the opinion of management, are ordinary and necessary for a fair presentation of results for the interim periods. Certain information and footnote disclosures required under the accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). The Company believes that the disclosures are adequate to make the information presented not misleading. The condensed consolidated balance sheet information as of March 31, 2016 was derived from the audited consolidated financial statements included elsewhere in this registration statement. These condensed consolidated financial statements should be read in conjunction with the audited financial statements for the year ended March 31, 2016 and notes thereto included elsewhere in this registration statement. The results of operations for the three and nine months ended December 31, 2016 are not necessarily indicative of the results to be expected for the entire fiscal year or for any other period. The Company’s condensed consolidated financial statements for the three and nine months ended December 31, 2015 presented herein have been restated to present the Company’s former investment in OCHL on the equity basis of accounting and to correct for other prior errors. Please see Note 3 — Restatement of Prior Period Financial Statements for additional details. Revenue Policy The Company is primarily engaged in the emerging live and digital music space, including delivery of live music events and live music streaming, through LiveXLive, Corp., its wholly owned operating subsidiary. The Company recognizes revenue from its live events and show productions when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the show or live event has been completed and occurred and there are no future production obligations, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Forward Stock Split In September 2016, the Company’s Board of Directors declared a 2-for-1 forward stock split of the Company’s common stock in the form of a dividend. All shares and per-share amounts have been restated as of the earliest period presented to reflect the stock split. Going Concern The Company’s consolidated financial statements have been prepared assuming that the Company will continue as a going concern, and which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in its consolidated financial statements, the Company had a stockholders’ deficit of $3,813,598 at December 31, 2016, and incurred a net loss of $9,143,122, and utilized net cash of $2,580,500 in operating activities for the nine month-period then ended. These factors raise substantial doubt about the Company’s ability to continue as a going concern. In addition, the Company’s independent public accounting firm in its audit report to the financial statements included elsewhere in this registration statement expressed substantial doubt about the Company’s ability to continue as a going concern. The Company’s consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Management estimates that the current funds on hand will be sufficient to continue operations through September 2017. The Company’s ability to continue as a going concern is dependent on its ability to execute its strategy and on its ability to raise additional funds. The Company’s management is currently seeking additional funds, primarily through the issuance of equity and/or debt securities for cash to operate the Company’s business. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on its operations, in the case of debt financing or cause substantial dilution for the Company’s stockholders, in case of equity and/or convertible debt financing.	Note 1 — Organization, Operations and Basis of Presentation Business and Operations Loton, Corp (“we,” “us,” “our” or the “Company”) was incorporated under the laws of the State of Nevada on December 28, 2009. The Company’s mission is to aggregate live music and content driven by live music through mutually beneficial relationships with the world’s top talent, music companies, festivals and promoters and to provide fans with the opportunity to see their favorite festivals, concerts and experiences on any screen they choose across all video platforms and devices from mobile to home. The Company also owns a 50% interest in Obar Camden Holdings Ltd. (“Obar Camden” or “OCHL”), a private limited company registered in England and Wales that engages in the operations of a nightclub and live music venue “KOKO” in Camden, London, England. Basis of Presentation The consolidated financial statements for the year ending March 31, 2015 presented herein have been restated to present the Company’s investment in OCHL on the equity basis of accounting and to correct for other prior errors. Please see Note 4 for details. Going Concern The Company’s consolidated financial statements have been prepared assuming that it will continue as a going concern, and which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the consolidated financial statements, the Company had a working capital deficit of $4,824,418 at March 31, 2016, and incurred a net loss of $3,746,944, and utilized net cash used in operating activities $2,999,943 for the reporting period then ended. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Management estimates that the current funds on hand will be sufficient to continue operations through December 31, 2016. The ability of the Company to continue as a going concern is dependent on the Company’s ability to execute its strategy and in its ability to raise additional funds. Management is currently seeking additional funds, primarily through the issuance of equity securities for cash to operate our business. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing or cause substantial dilution for our stock holders, in case or equity financing. Subsequent to the year ended March 31, 2016, the Company raised $1,250,000 through the sale of its common stock with warrants to certain accredited investors Forward Stock Split In September 2016, the Company’s Board of Directors declared a 2-for-1 forward stock split of the Company’s common stock in the form of a dividend. All shares and per-share amounts have been restated as of the earliest period presented to reflect the stock split.

Significant Accounting Policies

Significant Accounting Policies and Practices	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Significant Accounting Policies and Practices [Abstract]
Significant Accounting Policies and Practices	Note 2 — Significant Accounting Policies and Practices Use of Estimates and Assumptions The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates include those related to assumptions used in impairment testing of long term assets, accruals for potential liabilities and valuing equity instruments issued for services. Actual results could differ from those estimates. Principles of Consolidation The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other incorporation or Date of formation Attributable LiveXLive, Corp. Delaware February 24, 2015 100% KOKO (Camden) Holdings (US), Inc. Delaware March 17, 2014 100% KOKO (Camden) UK Limited England and Wales November 7, 2013 100% The Company’s consolidated financial statements include all accounts of the Company and its consolidated subsidiaries and/or entities as of reporting period ending date(s) and for the reporting period(s) then ended. All inter-Company balances and transactions have been eliminated. Fair Value of Financial Instruments The Company follows the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of fair value hierarchy are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The carrying amounts of the Company’s financial assets and liabilities, including cash, prepaid expenses, accounts payable, accrued expenses, and other current liabilities, approximate their fair values because of the short maturity of these instruments. Investment in Unconsolidated Subsidiary Under the Equity Method The Company accounts for investments in which the Company owns more than 20% of the investee using the equity method in accordance with ASC Topic 323, Investments — Equity Method and Joint Ventures. Under the equity method, an investor initially records an investment in the investee at cost, and adjusts the carrying amount of the investment to recognize the investor’s share of the earnings or losses of the investee after the date of acquisition. The amount of the adjustment is included in the determination of net income by the investor, and such amount reflects adjustments similar to those made in preparing consolidated statements including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between investor cost and underlying equity in net assets of the investee at the date of investment. The investment of an investor is also adjusted to reflect the investor’s share of changes in the investee’s capital. Dividends received from an investee reduce the carrying amount of the investment. A series of operating losses of an investee or other factors may indicate that a decrease in value of the investment has occurred which is other than temporary and which should be recognized even though the decrease in value is in excess of what would otherwise be recognized by application of the equity method. Stock-Based Compensation The Company periodically issues stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by FASB where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. The Company accounts for stock option and warrant grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock compensation is based upon the measurement date as determined at either a) the date at which a performance commitment is reached, or b) at the date at which the necessary performance to earn the equity instruments is complete. Options granted to non-employees are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting. In certain circumstances where there are no future performance requirements by the non-employee, option grants are immediately vested and the total stock-based compensation charge is recorded in the period of the measurement date. The fair value of the Company’s stock option and warrant grants are estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or warrants, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model, and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods. Income taxes The Company follows the asset and liability method which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Operations in the period that includes the enactment date. The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. The Company’s tax years 2011 to 2014 remain subject to examination by major tax jurisdictions. Pursuant to the Internal Revenue Code Section 382 (“Section 382”), certain ownership changes may subject the net operating losses’ (the “NOLs”) to annual limitations which could reduce or defer the NOL. Section 382 imposes limitations on a corporation’s ability to utilize NOLs if it experiences an “ownership change.” In general terms, an ownership change may result from transactions increasing the ownership of certain stockholders in the stock of a corporation by more than 50 percentage points over a three-year period. In the event of an ownership change, utilization of the NOLs would be subject to an annual limitation under Section 382 determined by multiplying the value of its stock at the time of the ownership change by the applicable long-term tax-exempt rate. Any unused annual limitation may be carried over to later years. The imposition of this limitation on its ability to use the NOLs to offset future taxable income could cause the Company to pay U.S. federal income taxes earlier than if such limitation were not in effect and could cause such NOLs to expire unused, reducing or eliminating the benefit of such NOLs. Loss Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution, using the treasury stock method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted loss per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At December 31, 2016 and 2015, the Company had 275,000 and 1,275,000 warrants outstanding, respectively, which were excluded from the loss per share calculation, as they were anti-dilutive. Recently Issued Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 is a comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted only in annual reporting periods beginning after December 15, 2016, including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU 2014-09 on the Company’s financial statements and disclosures. In August, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of ASU 2016-02 on the Company’s financial statements and disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the SEC did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statement presentation or disclosures.	Note 2 — Significant Accounting Policies and Practices Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates include those related to assumptions used in impairment testing of long term assets and equity investments, accruals for potential liabilities and valuing equity instruments issued for services. Actual results could differ from those estimates. Principles of Consolidation The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other incorporation or Date of (date of acquisition, Attributable LiveXLive, Corp. Delaware February 24, 2015 100% KOKO (Camden) Holdings (US), Inc. Delaware March 17, 2014 100% KOKO (Camden) UK Limited England and Wales November 7, 2013 100% The consolidated financial statements include all accounts of the Company and the consolidated subsidiaries and/or entities as of reporting period ending date(s) and for the reporting period(s) then ended. All inter-company balances and transactions have been eliminated. Fair Value of Financial Instruments The Company follows the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of fair value hierarchy are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The carrying amounts of the Company’s financial assets and liabilities, including cash, accounts receivable, prepaid expenses, accounts payable, income tax payable, accrued expenses, and other current liabilities, approximate their fair values because of the short maturity of these instruments. As of March 31, 2016 and 2015, we determined the value of our investment in unconsolidated subsidiary to be $4,889,515 and $4,478,962, respectively. Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. Investment in Unconsolidated Subsidiary Under the Equity Method The Company accounts for investments in which the Company owns more than 20% of the investee, using the equity method in accordance with ASC Topic 323, Investments — Equity Method and Joint Ventures. Under the equity method, an investor initially records an investment in the stock of an investee at cost, and adjusts the carrying amount of the investment to recognize the investor’s share of the earnings or losses of the investee after the date of acquisition. The amount of the adjustment is included in the determination of net income by the investor, and such amount reflects adjustments similar to those made in preparing consolidated statements including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between investor cost and underlying equity in net assets of the investee at the date of investment. The investment of an investor is also adjusted to reflect the investor’s share of changes in the investee’s capital. Dividends received from an investee reduce the carrying amount of the investment. A series of operating losses of an investee or other factors may indicate that a decrease in value of the investment has occurred which is other than temporary and which should be recognized even though the decrease in value is in excess of what would otherwise be recognized by application of the equity method. Property and Equipment Property and equipment is recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows: Estimated Useful Furniture and fixtures 5 Production and entertainment equipment 10 Upon sale or retirement, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in the statements of operations. Carrying Value, Recoverability and Impairment of Long-Lived Assets An impairment loss will be recognized only if the carrying amount of a long-lived asset (asset group) is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset (asset group) is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset (asset group). That assessment is based on the carrying amount of the asset (asset group) at the date it is tested for recoverability. An impairment loss is measured as the amount by which the carrying amount of a long-lived asset (asset group) exceeds its fair value. If an impairment loss is recognized, the adjusted carrying amount of a long-lived asset will be its new cost basis. For a depreciable long-lived asset, the new cost basis will be depreciated (amortized) over the remaining useful life of that asset. Restoring a previously recognized impairment loss is prohibited. The Company’s long-lived asset (asset group) is tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The Company tests its long-lived assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events. Concentrations of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist of cash and cash equivalents. The Company places its cash with high quality financial institutions and at times may exceed the FDIC $250,000 insurance limit. The Company does not anticipate incurring any losses related to these credit risks. The Company extends credit based on an evaluation of the customer’s financial condition, generally without collateral. Exposure to losses on receivables is principally dependent on each customer’s financial condition. The Company monitors its exposure for credit losses and intends to maintain allowances for anticipated losses, as required. Stock-Based Compensation The Company periodically issues stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by FASB where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. The Company accounts for stock option and warrant grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock compensation is based upon the measurement date as determined at either a) the date at which a performance commitment is reached, or b) at the date at which the necessary performance to earn the equity instruments is complete. Options granted to non-employees are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting. In certain circumstances where there are no future performance requirements by the non-employee, option grants are immediately vested and the total stock-based compensation charge is recorded in the period of the measurement date. The fair value of the Company’s stock option and warrant grants are estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or warrants, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model, and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods. Deferred Tax Assets and Income Tax Provision The Company follows the asset and liability method which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Operations in the period that includes the enactment date. The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. The Company’s tax years 2011 to 2014 remain subject to examination by major tax jurisdictions. Pursuant to the Internal Revenue Code Section 382 (“Section 382”), certain ownership changes may subject the NOL’s to annual limitations which could reduce or defer the NOL. Section 382 imposes limitations on a corporation’s ability to utilize NOLs if it experiences an “ownership change.” In general terms, an ownership change may result from transactions increasing the ownership of certain stockholders in the stock of a corporation by more than 50 percentage Earnings Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution, using the treasury stock method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted loss per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At March 31, 2016 and 2015 the Company had 3,600,000 and 3,600,000 warrants outstanding, respectively, which were excluded from the loss per share calculation as they were anti-dilutive. Recently Issued Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 is a comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted only in annual reporting periods beginning after December 15, 2016, including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU 2014-09 on the Company’s financial statements and disclosures. In August, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of ASU 2016-02 on the Company’s financial statements and disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statement presentation or disclosures.

Restatement of Prior Period Fin

Restatement of Prior Period Financial Statements	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Restatement of Prior Period Financial Statements [Abstract]
Restatement of Prior Period Financial Statements	Note 3 — Restatement of Prior Period Financial Statements Our financial statements for the three and nine months ended December 31, 2015 have been restated. On July 11, 2016, our Board of Directors determined that the transactions under the Agreement (as defined below) were erroneously accounted for as a reverse acquisition for accounting purposes and that OCHL was improperly included in consolidation as our subsidiary. OCHL should have been reflected as an investment accounted for under the equity method of accounting. This determination was based on an analysis by our management that we did not have sufficient control of OCHL at the date of the transaction in accordance with the current accounting rules. Therefore, our results for the three and nine months ended December 31, 2015 previously reported in our Quarterly Report on Form 10-Q filed on February 22, 2016 are being restated herein to properly present the Merger (as defined below) and our former investment in OCHL on the equity basis of accounting and correct the prior period for other errors. Specifically, on April 28, 2014, we entered into an Agreement and Plan of Merger (the “Agreement”), by and among our Company, Loton Acquisition Sub I, Inc., a Delaware corporation and our wholly-owned subsidiary (“Acquisition Sub”), and KOKO (Camden) Holdings (US), Inc. (“KOKO Parent”), a Delaware corporation and wholly-owned subsidiary of JJAT Corp. (“JJAT”), a Delaware corporation wholly-owned by Robert Ellin, our Executive Chairman, President, a director and controlling stockholder), and his affiliates (the “Merger”). As a result of the Merger, KOKO Parent became our wholly-owned subsidiary, and our then primary business became that of KOKO Parent and its subsidiaries, KOKO (Camden) Limited, a private limited company registered in England and Wales (“KOKO UK”), which owned 50% of OCHL, which in turn wholly-owns its operating subsidiary OBAR Camden. Upon the closing of the Merger, pursuant to the terms of the Merger Agreement, KOKO Parent’s former sole shareholder, JJAT, received 58,000,000 shares of our common stock. Since both we and JJAT were controlled by Mr. Ellin at the time of the consummation of the Merger, this reverse merger transaction should have been accounted for as a transaction between entities under common control. Accordingly, this equity method investment should have been initially measured on our financial statements at JJAT’s historical basis of $4.2 million. As discussed in Note 4 — Equity Investments in OCHL, in connection with the Settlement Transactions with Mr. Oliver Bengough, on December 1, 2016 and effective as of November 24, 2016, we sold our 50% interest in OCHL, representing our ownership in the nightclub and live music venue “KOKO” in Camden, London, England, for approximately $2.18 million. Loton, Corp Originally Filed, Three months ended December 31, 2015 Effect of Deconsolidation of OCHL Pro Forma After Deconsolidation, December 31, 2015 Equity Treatment, Investment in OCHL As Restated, Three months ended December 31, 2015 (unaudited) Notes Revenues $ 2,185,959 $ (2,185,959 ) $ — $ — $ — (1) Cost of Revenue 280,110 (280,110 ) — — — (1) Gross Margin 1,905,849 (1,905,849 ) — — — Operating Expenses Selling, general and 2,242,064 (1,878,761 ) 363,303 — 363,303 (1) Related party expenses 120,331 (30,331 ) 90,000 — 90,000 (1) Total operating expenses 2,362,395 (1,909,092 ) 453,303 — 453,303 Income (loss) from operations (456,546 ) 3,243 (453,303 ) — (453,303 ) Other income (expense) Interest income (expense), net (28,874 ) (20,391 ) (49,265 ) — (49,265 ) (1) Earnings from investment — — — 188,178 188,178 (2) Other (income) expense, net (28,874 ) (20,391 ) (49,265 ) 188,178 138,913 Net income (loss) before (485,420 ) (17,148 ) (502,568 ) 188,178 (314,390 ) Income tax provision 82,544 (82,544 ) — — — (1) Net income (loss) before non-controlling interest (567,964 ) 65,396 (502,568 ) 188,178 (314,390 ) Net income (loss) attributable to non-controlling interest 190,497 (190,497 ) — — — (1) Net income (loss) attributable to Loton Corp stockholders (758,461 ) 255,893 (502,568 ) 188,178 (314,390 ) Other comprehensive income (loss) attributable to Loton Corp stockholders (2,319 ) 2,319 — — — Comprehensive income (loss) $ (760,780 ) $ 258,212 $ (502,568 ) $ 188,178 $ (314,390 ) Earnings Per Share: – basic and diluted $ (0.01 ) $ (0.01 ) $ (0.00 ) Weighted average common shares outstanding: – basic and diluted 91,846,946 91,846,946 91,846,946 Notes: (1) (2) Loton, Corp Originally Filed, Nine months ended December 31, 2015 Effect of Deconsolidation of OCHL Pro Forma After Deconsolidation, December 31, 2015 Equity Treatment, Investment in OCHL As Restated, Nine months ended December 31, 2015 (unaudited) Notes Revenues $ 5,322,665 $ (5,322,665 ) $ — $ — $ — (1) Cost of Revenue 734,179 (734,179 ) — — — (1) Gross Margin 4,588,486 (4,588,486 ) — — — Operating Expenses Selling, general and 7,073,377 (4,181,431 ) 2,891,946 — 2,891,946 (1) Related party expenses 362,578 (92,578 ) 270,000 — 270,000 (1) Total operating expenses 7,435,955 (4,274,009 ) 3,161,946 — 3,161,946 Income (loss) from operations (2,847,469 ) (314,477 ) (3,161,946 ) — (3,161,946 ) Other income (expense) Interest income (expense), net (120,965 ) 54,135 (66,830 ) — (66,830 ) (1) Earnings from investment — — — 268,090 268,090 (2) Other income (expense), net (120,965 ) 54,135 (66,830 ) 268,090 201,260 — Net income (loss) before (2,968,434 ) (260,342 ) (3,228,776 ) 268,090 (2,960,686 ) Income tax provision 180,353 (180,353 ) — — — (1) Net income (loss) before non-controlling interest (3,148,787 ) (79,989 ) (3,228,776 ) 268,090 (2,960,686 ) Net income (loss) attributable to non-controlling interest 266,786 (266,786 ) — — — (1) Net income (loss) attributable to Loton Corp stockholders (3,415,573 ) 186,797 (3,228,776 ) 268,090 (2,960,686 ) Other comprehensive income (loss) attributable to Loton Corp stockholders 1,304 (1,304 ) — — — — Comprehensive income (loss) $ (3,414,269 ) $ 185,493 $ (3,228,776 ) $ 268,090 $ (2,960,686 ) Earnings Per Share: – basic and diluted $ (0.04 ) $ (0.04 ) $ (0.03 ) Weighted average common shares outstanding: – basic and diluted 90,597,462 90,597,462 90,597,462 Notes: (1) (2) Loton, Corp Originally Effect of (1) Equity (2) As Restated, Cash Flows from Operating Activities: Net loss $ (3,148,787 ) $ 188,101 $ — $ (2,960,686 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 105,141 (102,354 ) — 2,787 Common stock issued for services 998,125 (30,312 ) — 967,813 Warrants issued for compensation — — — — Equity in earnings of OCHL — — (268,090 ) (268,090 ) Changes in operating assets and liabilities: (Increase)/Decrease in current assets 159,719 (191,469 ) — (31,750 ) (Increase)/Decrease in prepaid expenses 134,472 (133,662 ) — 810 (Increase)/Decrease in note receivable – related party 152,415 (152,415 ) — — Decrease/(Increase) in current liabilities, net 38,373 332,350 — 370,723 Net cash used in operating activities (1,560,542 ) (89,761 ) (268,090 ) (1,918,393 ) Cash Flows from Investing Activities: Purchases of fixed assets (61,396 ) 61,396 — — Net cash used in investing activities (61,396 ) 61,396 — — Cash Flows from Financing Activities: Advances from (repayments to) related parties (28,026 ) — — (28,026 ) Proceeds from notes payable, related party 1,924,000 — — 1,924,000 Proceeds from warrant exercise 6,813 — — 6,813 Proceeds from issuance of common stock 612,500 — — 612,500 Repayment of note payable, related party (439,500 ) — — (439,500 ) Net cash provided by financing activities 2,075,787 — — 2,075,787 Effect of exchange rate changes on cash (6,246 ) 6,246 — — Net Increase/(Decrease) in cash 447,603 (22,119 ) (268,090 ) 157,394 Cash, beginning of period 866,950 (830,829 ) — 36,121 Cash, end of period $ 1,314,553 $ (852,948 ) $ (268,090 ) $ 193,515 Notes: (1) (2)	Note 3 — Restatement of Prior Period Financial Statements The financial statements for the year ended March 31, 2015 have been restated. On July 11, 2016, our Board of Directors, determined that the Merger was erroneously accounted for as a reverse acquisition for accounting purposes and that OCHL was improperly included in consolidation as our subsidiary. OCHL should have been reflected as an investment accounted for under the equity method of accounting. This determination was based on an analysis by our management that we did not have sufficient control of OCL at the date of the transaction in accordance with the current accounting rules. Therefore, this registration statement on Form S-1 contains our financial statements for the fiscal year ended March 31, 2016 and restated financial statements for the fiscal year ended March 31, 2015 that properly present the Merger and our investment in OCHL on the equity basis of accounting and correct the prior period for other errors. Specifically, on April 28, 2014, the Company consummated an Agreement and Plan of Merger (the “Agreement”), by and among the Company, Loton Acquisition Sub I, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“Acquisition Sub”), and KOKO (Camden) Holdings (US), Inc. (“KOKO Parent”), a Delaware corporation and wholly-owned subsidiary of JJAT Corp. (“JJAT”), a Delaware corporation wholly-owned by Robert Ellin, the Company’s Executive Chairman, President, Director and controlling shareholder, and his affiliates (the “Merger”). As a result of the Merger, KOKO Parent became a wholly-owned subsidiary of the Company, and the Company’s then primary business became that of KOKO Parent and its subsidiaries, KOKO (Camden) Limited, a private limited company registered in England and Wales (“KOKO UK”) which owns 50% of OCHL, which in turn wholly-owns its operating subsidiary OBAR Camden. Upon the closing of the Merger, pursuant to the terms of the Merger Agreement, KOKO Parent’s former sole shareholder, JJAT, received 58,000,000 shares of the Company’s common stock. Since both the Company and JJAT were controlled by Mr. Ellin at the time of the consummation of the Merger, this reverse merger transaction should have been accounted for as a transaction between entities under common control. Accordingly, this equity method investment should have been initially measured on the Company’s financial statements at its then JJAT’s historical basis of $4.2 million. In addition, certain issuances of common stock prior to March 31, 2014 were improperly recorded, and the applicable adjustments to accumulated deficit and additional paid in capital have been made herein. The effects on the previously issued financial statements are as follows: Loton, Corp Originally Filed, March 31, 2015 Effective of deconsolidation of OCHL Equity Treatment, Investment in OCHL As Restated, March 31, 2015 Notes ASSETS Current Assets Cash $ 866,951 $ (830,830 ) $ — $ 36,121 (1) Accounts receivable 67,876 (67,876 ) — — (1) Inventories 161,977 (161,977 ) — — (1) Prepayments and other current assets 460,226 (459,416 ) — 810 (1) Deferred taxes 36,345 (36,345 ) — — (1) Total Current Assets 1,593,375 (1,556,444 ) — 36,931 Property and Equipment, net 950,208 (939,316 ) — 10,892 Intangible Assets, net 9,551 (9,551 ) — — Investment in OCHL — — 4,478,962 4,478,962 (2) Note receivable – OCHL — — 494,750 494,750 (2) Total Assets $ 2,553,134 $ (2,505,311 ) $ 4,973,712 $ 5,021,535 LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable $ 843,667 $ (478,977 ) $ — $ 364,690 (1) Deferred rent, current portion 80,700 (80,700 ) — — (1) Income taxes payable 241,813 (241,813 ) — — (1) Management service obligation – related party 1,000,000 — — 1,000,000 Note payable — 246,086 — 246,086 (1) Notes payable – related parties 1,701,124 (876,124 ) — 825,000 (1) VAT tax payable and payroll liabilities 202,024 (202,024 ) — — (1) Advances from related parties 127,467 (26,122 ) — 101,345 (1) Accrued expenses and other current liabilities 601,324 (520,221 ) — 81,103 (1) Total Current Liabilities 4,798,119 (2,179,895 ) — 2,618,224 NON-CURRENT LIABILITIES Note payable 242,498 (242,498 ) — — (1) Deferred rent 1,049,114 (1,049,114 ) — — (1) Total Non-Current Liabilities 1,291,612 (1,291,612 ) — — Total Liabilities 6,089,731 (3,471,507 ) — 2,618,224 EQUITY Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding — — — — Common stock, par value $0.001: 500,000,000 shares authorized; 86,551,644 and 58,000,000 shares issued and outstanding, respectively 86,552 1,718 — 88,270 (2) Additional paid-in capital 2,396,812 10,017,456 — 12,414,268 Retained earnings (accumulated deficit) (5,272,900 ) (9,800,039 ) 4,973,712 (10,099,227 ) (2) Accumulated other comprehensive income (loss): — — — Foreign currency translation loss (25,932 ) 25,932 — — (1) Total Loton Corp. Stockholders’ Equity (Deficit) (2,814,609 ) 244,208 4,973,712 2,403,311 NON-CONTROLLING INTEREST Non-controlling interest – capital stock 1 (1 ) — — (1) Non-controlling interest – Retained earnings (accumulated deficit) (696,058 ) 696,058 — — (1) Accumulated other comprehensive income (loss): — — (1) Foreign currency translation loss (25,931 ) 25,931 — — (1) Total Non-Controlling Interest (721,988 ) 721,988 — — Total Equity (Deficit) (3,536,597 ) 966,196 4,973,712 2,403,311 Total Liabilities and Equity $ 2,553,134 $ (2,505,311 ) $ 4,973,712 $ 5,021,535 Notes: (1) (2) Loton, Corp Originally Filed, March 31, 2015 Effective of deconsolidation of OCHL Pro forma after deconsolidation, March 31, 2015 Equity Treatment, Investment in OCHL As Restated, March 31, 2015 Notes Revenues $ 7,436,877 $ (7,436,877 ) $ — $ — $ — (1) Cost of Revenue 1,101,267 (1,101,267 ) — — — (2) Gross Margin 6,335,610 (6,335,610 ) — — — Operating Expenses Selling, general and administrative 7,886,823 (5,170,942 ) 2,715,881 — 2,715,881 (1) Related party expenses 609,183 (82,523 ) 526,660 — 526,660 (1) Total operating expenses 8,496,006 (5,253,465 ) (3,242,541 ) — (3,242,541 ) Income (loss) from operations (2,160,396 ) (1,082,145 ) (3,242,541 ) — (3,242,541 ) Other (income) expense Compensation expense, investors 2,600,080 — 2,600,080 — 2,600,080 Interest (income) expense, net 131,707 (85,691 ) 46,016 — 46,016 (1) Earnings from investment — — $ — (278,962 ) (278,962 ) (2) Other (income) expense, net 2,731,787 (85,691 ) 2,646,096 (278,962 ) 2,367,134 Net income (loss) before income taxes (4,892,183 ) (996,454 ) $ (5,888,637 ) 278,962 (5,609,675 ) Income tax provision 261,784 261,784 — — — (1) Net income (loss) before non-controlling (5,153,967 ) (734,670 ) (5,888,637 ) (278,962 ) (5,609,675 ) Net income (loss) attributable to non-controlling interest 278,959 (278,959 ) — — — (1) Net income (loss) attributable to Loton Corp. stockholders (5,432,926 ) (455,711 ) (5,888,637 ) (278,962 ) (5,609,675 ) Other comprehensive income (loss) FX translation gain (loss) (8,226 ) 8,226 — — — (1) FX translation gain (loss) attributable to non-controlling interest (4,113 ) 4,113 — — — (1) Other comprehensive income (loss) attributable to Loton Corp stockholders (4,113 ) 4,113 — — — Comprehensive income (loss) $ (5,437,039 ) $ (451,598 ) $ (5,888,637 ) $ (278,962 ) $ (5,609,675 ) Earnings Per Share: – basic and diluted $ (0.07 ) $ (0.07 ) $ (0.07 ) Weighted average common shares outstanding: – basic and diluted 79,904,572 79,904,572 Notes: (1) (2) Loton, Corp Originally Filed, March 31, 2015 Effective of deconsolidation of OCHL Equity Treatment, Investment in OCHL As Restated, March 31, 2015 Notes Cash Flows from Operating Activities (as Restated) Net loss $ (5,153,967 ) $ (455,708 ) $ — $ (5,609,675 ) (1) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 173,785 (170,737 ) — 3,048 (1) Common stock issued for services 934,795 36,666 — 971,461 (1) Warrants issued for compensation 2,600,080 — — 2,600,080 (1) Equity in earnings of OCHL — — (278,962 ) (278,962 ) Changes in operating assets and liabilities: (Increase)/Decrease in current (40,789 ) 40,789 — — (1) (Increase)/Decrease in prepaids 300,115 (35,047 ) — 265,068 (1) (Increase)/Decrease in note receivable – related party 38,757 62,588 — 101,345 (1) Services payable – related party 138,882 27,778 166,660 (1) Decrease/(Increase) in current liabilities, net 828,551 4,670 — 833,221 (1) Net cash used in operating activities (179,791 ) (489,001 ) (278,962 ) (947,754 ) Cash Flows from Investing Activities: Purchases of fixed assets (70,250 ) 64,928 — (5,322 ) (1) Note receivable, related party 85,608 (580,358 ) — (494,750 ) (1) Net cash used in investing 15,358 (515,430 ) — (500,072 ) Cash Flows from Financing Activities Proceeds from notes payable, related party 445,185 179,815 — 625,000 (1) Repayment of note payable (500,000 ) 200,000 — (300,000 ) (1) Proceeds from issuance of common stock 854,500 — — 854,500 Dividends paid (407,707 ) 407,707 — — (1) Net cash provided by financing activities 391,978 787,522 — 1,179,500 Effect of exchange rate changes on cash (91,802 ) (91,802 ) — — (1) Net Increase/(Decrease) in cash 135,743 (216,909 ) (278,962 ) (268,326 ) Cash, beginning of period 731,208 304,446 (1) Cash, end of period $ 867,951 $ 36,120 Notes: (1) (2)

Equity Investments in OCHL

Equity Investments in OCHL	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Equity Investments in OCHL [Abstract]
Equity Investments in OCHL	Note 4 — Equity Investments in OCHL On April 28, 2014, the Company acquired a 50% equity interest in OCHL, an entity that owns Obar Camden Limited (OCL), a music and entertainment company whose principal business is the operation of a live music venue and nightclub known as KOKO, located in Camden, London. KOKO provides live shows, club nights, corporate and other events at KOKO. The Company acquired its 50% interest through the issuance of 58,000,000 shares of its common stock to the seller, JJAT, an entity wholly owned by Mr. Ellin. Since both the Company and JJAT were controlled by Mr. Ellin at the time of this transaction, the transaction was accounted for as a transaction between related parties at the related parties’ original basis. Accordingly, the Company recorded the equity method investment at $4.2 million which is JJAT’s historical basis in OCHL. As part of the transaction, the Company was to be reimbursed $494,750 by OCHL for legal and other acquisition costs incurred in relation to the acquisition of the 50% interest. As of March 31, 2016, the outstanding advance and any interest due thereunder to the Company was $213,331. The Company and the various parties to the agreement had certain disputes. On September 22, 2016, Mr. Bengough entered into a Settlement Agreement (the “Settlement Agreement”) with the Company and our Executive Chairman and President and Global Loan Agency Services Limited, as escrow agent (the “Escrow Agent”), relating to the Petition as more fully described in Note 10. Pursuant to the Settlement Agreement, the parties agreed (i) to terms of settlement in relation to all facts, matters and allegations raised by the Petition against the Respondents, including disputed liability under a Promissory Note, dated as of April 28, 2014 (the “Note”), pursuant to which OCHL and OCL were jointly obligated to us for the principal amount of $494,749 and accrued interest rate of 8%, (ii) for us to sell 48,878 ordinary shares and 2,750 deferred ordinary shares in OCHL (collectively, the “KoKo Shares”) to Mr. Bengough on the terms provided in the Settlement Agreement, (iii) to resolve certain ancillary matters arising from the past business dealings between Mr. Bengough and the Respondents, and (iv) to consummate the transactions contemplated thereunder and under certain related transaction documents (as defined below) (collectively, the “Settlement Transactions”). As part of the Settlement Transactions, Messrs. Ellin and Bengough engaged BTG Financial Consulting LLP BTG (“BTG”) to carry out an independent expert valuation of the value of the ordinary shares in OCHL on the terms set forth in the engagement letter entered into by the parties (the “Valuation”). Upon the conclusion of the Valuation, among other things, (i) Mr. Bengough agreed to pay to us 50% of the value of the ordinary and deferred ordinary shares in OCHL minus £37,000, (ii) the Settlement Transactions would be consummated, and (iii) we would discharge the Note, without any further payment by Mr. Bengough or any other entity to Mr. Ellin, KoKo UK or us. On November 24, 2016, BTG delivered its final report on the Valuation (the “Valuation Report”) to the parties and that its analysis yielded that the value of the ordinary shares of OCHL is £3,612,057, therefore entitling us to £1,769,029 (or 50% of the value) minus £37,000 (the “Final Sale Price”). On December 1, 2016, the Escrow Agent paid to us, via the funds deposited by Mr. Bengough, approximately $2.18 million as the Final Sale Price and the Settlement Transactions were automatically consummated (including our sale of the KoKo Shares to Mr. Bengough), and we recognized a loss of $2,790,073 for the remaining investment balance. In addition, Mr. Bengough was released from his obligation under the note receivable - related party; therefore, we recognized a loss on impairment of the note of $213,331. As of November 24, 2016, (the date of the Valuation Report) the change in our investment in our affiliate was as follows: Balance March 31, 2016 $ 4,889,515 50% share of net income 132,832 Balance November 24, 2016 $ 5,022,347 Net income for the three and nine months ended December 31, 2016 and 2015 was as follows: Three Months Three Months Nine Months Nine Months Revenue $ 1,109,427 $ 2,185,959 $ 3,921,204 $ 5,322,665 Cost of revenue 154,107 280,110 546,480 734,179 Gross profit 955,320 1,905,849 3,374,724 4,588,486 Operating expenses: Selling, general and administrative 754,219 1,442,311 2,893,306 3,809,723 Depreciation and amortization 17,576 — 74,828 — Total operating expenses 771,795 1,442,311 2,968,134 3,809,723 Income from operations before other expenses 183,525 463,538 406,590 778,763 Other expenses: Interest — — 28,002 64,838 Income before provision for taxes 183,525 463,538 378,588 713,925 Taxes 45,200 82,544 112,924 180,353 Net Incomes $ 138,325 $ 380,994 $ 265,664 $ 533,572	Note 4 — Equity Investments in OCHL On April 28, 2014 the Company acquired a 50% equity interest in Obar Camden Holdings Ltd (OCHL), an entity that owns Obar Camden, a music and entertainment company whose principal business is the operation of a live music venue and nightclub known as KOKO located in Camden, London. KOKO provides live shows, club nights, corporate and other events at KOKO. The Company acquired its 50% interest through the issuance of 58,000,000 shares of our common stock to the seller, JJAT, an entity wholly owned by Mr. Ellin. Since both the Company and JJAT were controlled by Mr. Ellin at the time of this agreement, the transaction was accounted for as a transaction between related parties at the related parties’ original basis. Accordingly, the Company recorded the equity method investment at $4.2 million which is JJAT’s historical basis in OCHL. As part of the transaction, the Company is to be reimbursed $494,750 by OCHL for legal and other acquisition costs incurred in relation to the acquisition of the 50% interest. As of March 31, 2016 and 2015, the outstanding advances due the Company were $213,331 and $494,750, respectively. The note bears interest at 8% per annum and was due April 27, 2015. The note is currently in default. The OCHL Shareholders’ Agreement On February 12, 2014, (1) Mr. Bengough, and (2) KOKO UK, Mr. Ellin, Trinad Capital Master Fund (collectively, the “Ellin Parties”) and (3) OCHL entered into a Shareholders’ Agreement (the “OCHL Shareholders’ Agreement”) pursuant to which, among other terms, the parties agreed that each of Mr. Ellin and Mr. Bengough shall constitute the Board of Directors of OCHL and each shall be restricted from taking actions on behalf of OCHL without the written consent of the other individual, including, but not limited to, changes in the nature of the business, amendments to governing documents, restructuring or recapitalizations, issuances of stock, purchases of material assets, entry into material contracts, incurring or guaranteeing debt, removal of any director or restructure the board of OCHL. Because OCHL is the sole parent of OCL, our ability to manage OCHL and OCL is subject to the terms of the OCHL Shareholders’ Agreement and Mr. Bengough’s consent is required for most material actions to be taken by OCHL and OCL, so long as the OCHL Shareholders’ Agreement remains in effect. Each of Mr. Bengough and Mr. Ellin are entitled to serve on the board of OCHL so long as the OCHL Shareholders’ Agreement is in effect, and the board cannot take action without the consent of both board members. Pursuant to the OCHL Shareholders’ Agreement, any cash distributions by OCHL must be distributed pro rata to each of KOKO UK and Mr. Bengough. Finally, the OCHL Shareholders’ Agreement restricts the transfer of shares in OCHL or OCL by KOKO UK or Mr. Bengough and grants each a right of first refusal and the right to have the proposed shares valued by an independent accounting firm and sold to the other party at a price determined by valuation rather than the price necessarily offered by the prospective purchaser. On April 24, 2014, the OCHL Shareholders’ Agreement was amended pursuant to the terms of the Variation to Shareholders Agreement (“Variation Agreement”) among Mr. Bengough, KOKO UK, the Ellin Parties, OCHL, OCL, JJAT and our Company which, amongst other terms, (1) joined OCL, JJAT and the Company as parties to the OCHL Shareholders Agreement, and (2) Mr. Bengough also agreed to transfer all of his interests in OCHL in exchange for 58,000,000 shares of our common stock to be issued in a private placement transaction, which would constitute no less than 42.5% of our outstanding capital stock on a fully diluted basis (but before our future issuance of up to 6,400,000 shares of our common stock to our advisors, consultants and key employees as approved by our Board of Directors) and pursuant to the OCHL Shareholders’ Agreement, subject to Mr. Bengough’s receipt of satisfactory tax clearances under the tax laws of the United Kingdom. We agreed to indemnify Mr. Bengough from any adverse tax expenses and costs required to be paid by Mr. Bengough in connection with the transfer of his interests in OCHL. To date, the parties to the Variation Agreement have been unable to reach an agreement on mutually acceptable documentation to effect the share exchange described above. We and Mr. Bengough are presently continuing to co-operate OCHL and OCL with Mr. Bengough leading OCL’s day-to-day business. The Variation Agreement and the related OCHL Shareholders’ Agreement remain in full force and effect, subject to any court mandated changes or orders made with respect to the Petition (for a detailed discussion of the Petition, see Note 10). Pursuant to the terms of the OCHL Shareholders’ Agreement and Variation Agreement, each of Mr. Ellin and Mr. Bengough constitute the Board of Directors of OCHL and each of Mr. Bengough and Mr. Ellin are restricted from taking actions on behalf of OCHL without the written consent of the other individual. As of March 31, 2016 and 2015, the changes in investments in and advances to equity method investments are summarized as follows: Balance March 31, 2014 Initial Investment $ 4,200,000 50% share of net income (loss) 278,962 Balance March 31, 2015 4,478,962 50% share of net income 410,553 Balance March 31, 2016 $ 4,889,515 The carrying amounts of the major classes of assets and liabilities of OCHL as of March 31, 2016 and 2015 are as follows March 31, March 31, Assets Current assets: Cash and cash equivalents $ 386,009 $ 830,831 Accounts receivable 24,743 67,876 Inventory 62,548 161,977 Prepaid expenses and other current assets 533,128 495,761 Total current assets 1,006,429 1,556,444 Other assets: Property and equipment, net of accumulated depreciation 867,975 948,867 Total assets $ 1,874,205 $ 2,505,311 Liabilities Current liabilities: Accounts payable $ 514,488 $ 695,340 Taxes payable 410,504 241,813 Notes payable, current 207,978 1,404,465 Other accrued liabilities 460,290 592,148 Total current liabilities 1,593,210 2,933,767 Deferred rent – noncurrent 937,459 1,049,144 Total Liabilities 2,530,669 3,982,911 Shareholders deficit (656,464 ) (1,477,670 ) Total liabilities and shareholders’ deficit $ 1,874,205 $ 2,505,311 Revenue and expenses for the years ended March 31, 2016 and 2015 were as follows: Years Ended 2016 2015 Revenue $ 6,754,707 $ 7,436,877 Cost of revenue 920,667 1,101,267 Gross profit 5,834,040 6,335,611 Operating expenses: Selling, general and administrative 4,613,058 5,262,813 Depreciation and amortization 133,106 160,142 Total operating expenses 4,746,164 5,422,955 Income from operations before other expenses 1,087,875 912,656 Other expenses: Interest 45,997 92,949 Income before provision for taxes 1,041,879 819,707 Taxes 220,773 261,784 Net Incomes $ 821,105 $ 557,923

Property and Equipment

Property and Equipment	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Property and Equipment [Abstract]
Property and Equipment	Note 5 — Property and Equipment Property and equipment at December 31, 2016 and March 31, 2016 was as follows: December 31, March 31, Production equipment $ 51,304 $ 51,304 Computer equipment 42,078 23,125 Total property and equipment 93,382 74,429 Accumulated depreciation (29,903 ) (11,860 ) Property and equipment, net $ 63,479 $ 62,569 Depreciation expense was $18,043 and $2,787 for the nine months ended December 31, 2016 and 2015, respectively, and $6,072 and $984 for the three months ended December 31, 2016 and 2015, respectively.	Note 5 — Property and Equipment Years Ended 2016 2015 Production equipment $ 51,304 $ — Computer equipment 23,125 16,416 Total property and equipment 74,429 16,416 Accumulated depreciation (11,860 ) (5,524 ) Property and equipment, net $ 62,569 $ 10,892 The Company completed its annual impairment testing of property and equipment and determined that there was no impairment as the fair value of the property and equipment, exceeded their carrying values at March 31, 2016. Depreciation expense was $6,336 and $3,048 for the years ended March 31, 2016 and 2015, respectively.

Related Party Notes Payable

Related Party Notes Payable	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Related Party Notes Payable [Abstract]
Related Party Notes Payable	Note 6 — Related Party Notes Payable As of December 31, 2016 and March 31, 2016, the Company had the following outstanding notes payable to Trinad Capital Master Fund (“Trinad Capital”), a fund wholly owned by Mr. Ellin, the Company’s Executive Chairman, President, director and majority stockholder, for both short and long term working capital requirements: December 31, March 31, First Senior Note $ 1,000,000 $ 1,000,000 Second Senior Note 2,154,100 1,784,000 Total $ 3,154,100 $ 2,784,000 First Senior Note — Trinad Capital Master Fund On December 31, 2014, the Company entered into a senior convertible promissory note (the “First Senior Note”) with Trinad Capital allowing for advances up to a maximum loan amount of $1,000,000, plus interest at the rate of 6% per annum on the unpaid principal amount of outstanding advances. At the time the First Senior Note was made, Trinad Capital advanced $700,000 to the Company and had accrued $70,151 in unpaid interest. Pursuant to the terms of the Senior Note, all outstanding unpaid principal and accrued interest was originally due and payable on June 30, 2016 or such later date as Trinad Capital may agree to in writing unless, prior to such date, the First Senior Note has been repaid in full or Trinad Capital elects to convert all or any portion of the then-outstanding loan balance into common stock of the Company in connection with the Company consummating an equity financing in excess of $5,000,000 or greater as set forth in the terms of the First Senior Note. Subsequent to the making of the First Senior Note: • • • As of December 31, 2016 and March 31, 2016, $1,000,000 of principal was outstanding under the First Senior Note. Accrued interest of $185,761 and $140,555 is reflected on the balance sheet as accrued interest payable, related party as of December 31, 2016 and March 31, 2016, respectively, Second Senior Note — Trinad Capital Master Fund On April 8, 2015, the Company entered into a second senior promissory note (the “Second Senior Note”) with Trinad Capital in the amount of $195,500. The Second Senior Note bears interest at the rate of eight percent (8%) per annum and all outstanding unpaid principal and accrued interest is due and payable on June 30, 2016 or such later date as Trinad Capital may agree to in writing, unless prior to such date this note has been prepaid in full. During the year ended March 31, 2016, Trinad Capital made advances to the Company totaling $1,784,000. Subsequent to the making of the Second Senior Note: • • • The amount due to Trinad Capital under the Second Senior Note was $1,784,000 at March 31, 2016. During the nine months ended December 31, 2016, Trinad Capital made additional advances to us under the Second Senior Note totaling $820,100. The Company also made repayments of the Second Senior Note totaling $450,000 during nine months ended December 31, 2016. As of December 31, 2016, $2,154,100 of principal was outstanding under the Second Senior Note. Accrued interest of $212,335 and $87,048 is reflected on the balance sheet as accrued interest payable, related party as of December 31, 2016 and March 31, 2016, respectively.	Note 6 — Related Party Notes Payable As of March 31, 2016 and 2015, the Company had the following outstanding notes payable to Trinad Capital Master Fund (“Trinad Capital”), a fund wholly owned by Mr. Ellin, the Company’s Executive Chairman, President, director and majority owner, for both short and long term working capital requirements: As of March 31, 2016 2015 First Senior Note $ 1,000,000 $ 825,000 Second Senior Note 1,784,000 — Total $ 2,784,000 $ 825,000 First Senior Note — Trinad Capital Master Fund On December 31, 2014, the Company entered into a senior convertible promissory note (the “First Senior Note”) with Trinad Capital allowing for advances up to a maximum loan amount of $1,000,000, plus interest at the rate of six percent (6%) per annum on the unpaid principal amount of outstanding advances. At the time the First Senior Note was made, Trinad Capital advanced $700,000 to the Company and had accrued $70,151 in unpaid interest. Pursuant to the terms of the Senior Note, all outstanding unpaid principal and accrued interest was due and payable on June 30, 2016 or such later date as Trinad Capital may agree to in writing unless, prior to such date, the First Senior Note has been repaid in full or Trinad Capital elects to convert all or any portion of the then-outstanding loan balance into common stock of the Company in connection with the Company consummating an equity financing in excess of $5,000,000 or greater as set forth in the terms of the First Senior Note. Subsequent to the making of the First Senior Note: • • • As of March 31, 2016 and 2015, $1,000,000 and $825,000 of principal and $140,555 and $81,102 of accrued interest payable, respectively, was outstanding under the First Senior Note. Second Senior Note — Trinad Capital Master Fund On April 8, 2015, the Company entered into a second senior promissory note (the “Second Senior Note”) with Trinad Capital in the amount of $195,500. The Second Senior Note bears interest at the rate of eight percent (8%) per annum and all outstanding unpaid principal and accrued interest is due and payable on June 30, 2016 or such later date as Trinad Capital may agree to in writing, unless prior to such date this note has been prepaid in full. During the year ended March 31, 2016, Trinad Capital made advances to the Company totaling $1,784,000. Subsequent to the making of the Second Senior Note: • • • During the year ended March 31, 2016, Trinad Capital made additional advances to us under the Second Senior Note totaling $1,784,000. As of March 31, 2016, $1,784,000 of principal and $87,048 of accrued interest payable, respectively, were outstanding under the Second Senior Note. There were no amounts due as of March 31, 2015.

Other Note Payable

Other Note Payable	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Payables and Accruals [Abstract]
Other Note Payable	Note 7 — Other Note Payable On December 31, 2014, the Company converted accounts payable into a Senior Promissory Note (the “Note”) in the aggregate principal amount of $242,498. The Note bears interest at 6% per annum and interest is payable on a quarterly basis commencing March 31, 2015 or the Company may elect that the amount of such interest be added to the principal sum outstanding under this Note. The payables arose in connection with professional services rendered by attorneys for the Company prior to and through December 31, 2014, and the Note had an original maturity date of December 31, 2015, which was extended to June 30, 2016 or such later date as the lender may agree to in writing. As of the date of this Quarterly Report on Form 10-Q (this “Quarterly Report”), the Note has not been extended and is currently in default. As of December 31, 2016 and March 31, 2016, $273,172 and $262,040 of principal, which includes $30,674 and $19,542 of accrued interest, respectively, were outstanding under the Note.	Note 7 — Other Note Payable On December 31, 2014, the Company converted accounts payable into a Senior Promissory Note (the “Note”) in the aggregate principal amount of $242,498. The Note bears interest at 6% per annum and interest is payable on a quarterly basis commencing March 31, 2015 or the Company may elect that the amount of such interest be added to the principal sum outstanding under this Note. The payables arose in connection with professional services rendered by attorneys for the Company prior to and through December 31, 2014, and the Note had an original maturity date of December 31, 2015 which was amended to June 30, 2016 or such later date as the lender may agree to in writing. As of July 11, 2016, the Note had not been extended and is currently in default. As of March 31, 2016 and 2015, $242,498 principal and $19,544 and $3,588, respectively, of accrued interest was outstanding under the Note.

Unsecured Convertible Notes Pay

Unsecured Convertible Notes Payable	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Long-term Debt, Unclassified [Abstract]
Unsecured Convertible Notes Payable	Note 8 — Unsecured Convertible Notes Payable Unsecured Convertible notes payable at December 31, 2016 and March 31, 2016 were as follows: December 31, March 31, (A) 8% Unsecured Convertible Notes – Due on January 19, 2018 $ — $ 200,000 (B) 6% Unsecured Convertible Notes – Due on September 30, 2018 — — (C) 6% Unsecured Convertible Notes – Due on September 13, 2018 152,663 — (D) 6% Unsecured Convertible Notes – Due on September 30, 2018 503,205 — Less accumulated amortization of Valuation Discount (294,752 ) (89,727 ) Net $ 361,116 $ 110,273 (A) On January 19, 2016, the Company issued three 8% unsecured convertible notes payable to investors (the “Lenders”) for an aggregate amount of $200,000. These notes will be due on January 19, 2018. If the Company raises a minimum of $2,500,000 (excluding the amount converting pursuant to the notes) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the Lenders will have the rights to convert all outstanding principal and interest into the same equity securities issued in such qualified equity financing at 75% of the issuance price of the securities in such financing. In addition, the Lenders received 400,000 warrants to purchase shares of the Company’s common stock at an exercise price of $0.005 per share. The aggregate relative fair value of the 400,000 warrants issued to the Lender was determined to be $99,915 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.30%; dividend yield of 0%; volatility rate of 100%; and an expected life of four years (statutory term). The value of the warrants of $99,915 was considered as debt discount upon issuance and was being amortized as interest over the term of the notes or in full upon the conversion of the corresponding notes. During the year ended March 31, 2016, the Company amortized $9,818 of such discount to interest expense, and the unamortized discount as of March 31, 2016 was $89,727. During the period ended December 31, 2016, such debt discount was fully amortized to interest expense. On June 6, 2016, the Lenders converted $200,000 of principal and $5,918 of interest into 205,918 shares of the Company’s common stock at a conversion price of $1 per share. As the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized a beneficial conversion cost of $136,936. In addition, the Lenders were issued 205,920 warrants to purchase shares of the Company’s common stock at an exercise price of $0.005 per share as inducement for this conversion. The aggregate fair value of the 205,920 warrants issued to the Lenders was $341,864 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.20%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). The value of the warrants of $341,864 was considered as additional interest expense upon their issuance. The warrants were exercised immediately into 205,920 shares of the Company’s common stock with net proceeds of $1,030 to the Company. (B) On August 19, 2016, the Company issued a 6% unsecured convertible note payable to a related party for total principal amount of $55,000. This note will be due on September 30, 2018. If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the rights to convert all outstanding principal and interest into the same equity securities issued in such qualified equity financing at 75% of the issuance price of the securities in such financing. On December 21, 2016, this note was repaid. (C) On September 14, 2016, the Company issued a 6% unsecured convertible note payable to a certain investor for total principal amount of $150,000. This note will be due on September 13, 2018. If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) of aggregate gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the right to convert all outstanding note principal and interest into the same equity securities issued in such equity financing at 75% of the issuance price of the securities issued in such financing. In addition, the investor received 150,000 warrants to purchase shares of the Company’s common stock at an exercise price of $0.005 per share. The aggregate relative fair value of the 150,000 warrants issued to the investor was determined to be $93,612 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 0.90%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). The value of the warrants of $93,612 was considered as debt discount upon issuance and will be amortized as interest over the term of the note or in full upon the conversion of the note. During nine months ended December 31, 2016, the Company amortized $13,866 of such discount to interest expense, and the unamortized discount as of December 31, 2016 was $79,746. (D) On November 22, 2016, the Company issued a 6% unsecured convertible note payable to a certain investor for total principal amount of $500,000. This note will be due on September 30, 2018. If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) of aggregate gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the right to convert all outstanding note principal and interest into the same equity securities issued in such equity financing at 75% of the issuance price of the securities issued in such financing. In addition, the investor received 250,000 warrants to purchase shares of the Company’s common stock at an exercise price of $0.01 per share. The aggregate relative fair value of the 250,000 warrants issued to the investor was determined to be $226,811 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.35%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). The value of the warrants of $226,811 was considered as debt discount upon issuance and will be amortized as interest over the term of the note or in full upon the conversion of the note. During nine months ended December 31, 2016, the Company amortized $11,807 of such discount to interest expense, and the unamortized discount as of December 31, 2016 was $215,004.	Note 8 — Unsecured Convertible Notes Payable Unsecured Convertible notes payable at March 31, 2016 were as follows: 8% Unsecured Convertible Notes $ 200,000 Less accumulated amortization of Valuation Discount (89,727 ) Net $ 110,273 During the year ended March 31, 2016, the Company issued three 8% unsecured notes payable to investors (the “Lenders”) for an aggregate amount of $200,000. These notes will be payable upon the date that is 24 months from the date of issuance. In addition, the lenders were issued 400,000 warrants of the Company’s common stock at an exercise price of $0.005 per share. As of March 31, 2016, $200,000 of these notes were outstanding. The aggregate relative fair value of the warrants issued along with the notes were valued at $99,915 using the Black-Scholes Option Pricing model with the following average assumptions: risk-free interest rate of 1.30%; dividend yield of 0%; volatility rate of 100%; and an expected life of four years (statutory term). The value of the warrants of $99,915 was considered as debt discount and is being amortized as interest over the term of the notes or in full upon the conversion of the corresponding notes. During the year ended March 31, 2016, the Company amortized $9,818 of such discount to interest expense, and the unamortized discount as of March 31, 2016 was $89,727. The notes are subject to an automatic conversion feature if the Company raises a minimum of 2,500,000 (excluding the amount converting pursuant to the notes) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor in one or more closings (a “Qualified Equity Financing”) prior to the maturity date, the Lenders will have the rights to convert all outstanding principal and interest into the same equity securities (the “Investor Stock”) issued in the Qualified Equity Financing at 75% of the issuance price of the Investor Stock in such offering. The holders of the notes shall receive the same rights, privileges and protections as the Investor Stock issued in connection with the Qualified Equity Financing including, but not limited to, registration rights. If a Lender’s note is not converted (as set out above) prior to its maturity date, such Lender shall in its sole discretion have the option to convert all outstanding principal and interest into either the Company’s common stock at a conversion price per share based upon the Company’s then current valuation, as determined by the Board of Directors; provided, however, that if there is a Sale of the Company (as defined in the notes) prior to the conversion of the notes or the maturity date, then, upon the closing of such Sale, the Company will pay each Lender an amount of cash equal to the principal amount outstanding under such Lender’s note, plus accrued interest on such note, in full satisfaction of its obligations under the notes.

Related Party Transactions

Related Party Transactions	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 9 — Related Party Transactions Management Services from Trinad Management LLC Pursuant to a Management Agreement (the “Management Agreement”) with Trinad Management LLC (“Trinad LLC”) entered into on September 23, 2011, Trinad LLC agreed to provide certain management services to the Company through September 22, 2014, including, without limitation, the sourcing, structuring and negotiation of potential business acquisitions and customer contracts for the Company. Under the Management Agreement, the Company compensated Trinad LLC for its services by (i) paying a fee equal to $2,080,000, with $90,000 payable in advance of each consecutive 3-month calendar period during the term of the Management Agreement and with $1,000,000 due at the end of the 3-year term, and (ii) issuing a warrant to purchase 2,250,000 shares of the Company’s common stock at an exercise price of $0.075 per share (the “Warrant”). The Warrant may have been exercised in whole or in part by Trinad LLC at any time for a period of 10 years. On August 25, 2016, the Warrant was fully exercised on a cashless basis at an exercise price of $0.075 per share, resulting in the issuance 2,148,648 shares of the Company’s common stock. During the year ended March 31, 2015, the Company accrued $180,000 related to the remaining portion due under the Management Agreement. The total amount of $1,000,000 due to Trinad LLC is reflected as a liability on the accompanying December 31, 2016 and March 31, 2016 balance sheets. Trinad LLC continues to provide services to the Company at a fee of $30,000 per month on a month-to-month basis. For the nine months ended December 31, 2016 and 2015, the Company incurred $270,000 of such fees. As of December 31, 2016 and March 31, 2016, amounts due to related parties were $124,500 and $117,124, respectively, payable to Mr. Ellin, the Company’s Executive Chairman, President, director and majority stockholder. These amounts were provided to the Company for working capital as needed and are unsecured, non-interest bearing advances with no formal terms of repayment. Rent During the nine-month period ended December 31, 2016 and the fiscal year ended March 31, 2016, the Company subleased office space from Trinad LLC for no cost to the Company. Management estimates such amounts to be immaterial. the Company anticipates continuing to sublease such space at no cost to it for the foreseeable future. the Company believes that such property is in good condition and is suitable for the conduct of its business.	Note 9 — Related Party Transactions Management Services from Trinad Management LLC Pursuant to a Management Agreement with Trinad Management LLC (“Trinad LLC”) entered into on September 23, 2011, Trinad LLC has agreed to provide certain management services to the Company through September 22, 2014, including, without limitation, the sourcing, structuring and negotiation of potential business acquisitions and customer contracts for the Company. Under the Management Agreement, the Company compensated Trinad LLC for its services with (i) a fee equal to $2,080,000, with $90,000 payable in advance of each consecutive three-month calendar period during the term of the Agreement and with $1,000,000 due at the end of the three (3) year term, and (ii) issuance of a Warrant to purchase 2,250,000 shares of the Company’s common stock at an exercise price of $0.075 per share (“Warrant”). The Warrant may be exercised in whole or in part by Trinad LLC at any time for a period of ten (10) years. The fair value of the Warrant, estimated on the date of grant, was $82,575 and was amortized over the period of service of three (3) years. During the year ended March 31, 2015, the remaining unamortized balance of $11,461 was expensed. During the year ended March 31, 2015, the Company accrued $180,000 related to the remaining portion due under the Management Agreement. The total amount of $1,000,000 due Trinad LLC is reflected as a liability on the accompanying March 31, 2016 and 2015 balance sheets. Trinad LLC continues to provide services to the Company at a fee of $30,000 per month on a month-to-month basis. For each of the years ended March 31, 2016 and 2015, the Company incurred $360,000 of such costs. As of March 31, 2016 and 2015, amounts due to related parties were $117,124 and $101,345, respectively, payable to Robert Ellin, our Executive Chairman, President, director and controlling stockholder. These amounts were provided for working capital as needed and are unsecured, non-interest bearing advances with no formal terms of repayment. Rent During the fiscal year ended March 31, 2016, we subleased office space from Trinad LLC for no cost to us. Management estimates such amounts to be immaterial. We anticipate continuing to sublease such space at no cost to us for the foreseeable future. We believe that such property is in good condition and is suitable for the conduct of our business.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10 — Commitments and Contingencies Promotional Rights The Company acquires promotional rights from time to time that may contain obligations for future payments. During the period ended December 31, 2016, the Company incurred $350,000 in payment obligations for the acquisition of certain promotional rights. As of December 31, 2016, the Company is obligated under three licenses, production an d/o Legal Proceedings Bengough Settlement On May 20, 2016, Mr. Oliver Bengough filed a Petition for Relief (the “Petition”) in the High Court of Justice, Chancery Division (the “Court”) against OCHL, OCL, KOKO UK and Mr. Ellin (collectively, the “Respondents”). In connection with the Petition, effective as of May 20, 2016, Mint Group terminated the Management Services Agreement with OCL pursuant to which Mint Group served as a contracted service provider to KOKO, a nightclub and live music venue “KOKO” in Camden, London owned by KOKO UK. Mr. Bengough claimed certain breaches of duty by Mr. Ellin in connection with the corporate operations of the Respondents, as well as a “deterioration” of the relationship between the parties. Mr. Bengough further claimed that his interests have been unfairly prejudiced by the conduct of the Respondents and the breakdown of trust and confidence between himself and Mr. Ellin. In connection with such termination, the Company demanded the resignation of Mr. Bengough (a significant stockholder of Mint Group) from the board of OCHL due to what the Company strongly believed to be performance and management concerns on behalf of Mint Group and its non-payment of certain funds. OCHL was formed by OCL’s stockholders for the sole purpose of acquiring all of the registered and contributed capital of OCL, is a 50%-owned subsidiary of the Company and is the former parent of OCL. Among other things, Mr. Bengough was seeking an order by the Court for the sale by KOKO UK of its shares in OCHL to the Petitioner at a fair market value to be determined by the Court or an independent third party valuation with a discount to reflect the losses claimed to be suffered by Mr. Bengough. Mr. Bengough was further seeking, if required, an order terminating Mr. Ellin’s directorship of OCHL and OCL, permission to bring a derivative action against Mr. Ellin alleging breaches of certain duties set forth in the Petition, for the Court to set aside the Senior Note and Junior Note (as each defined below) or alternatively such part of those notes which the Petitioner alleges are expenses for which Respondents OCL and OCHL should not be liable and for the Court to declare that OCL and OCHL have no liability for such expenses to us, JJAT or any other person connected with Mr. Ellin. As part of the initial hearing, the Court granted Mr. Bengough’s request for interim relief to allow Mr. Bengough to continue running OCL’s business as it was conducted prior to the filing of the Petition, subject to Mr. Ellin’s approval of any expenditures exceeding $15,000 in amount (the “Interim Injunction”). This interim relief was granted pending a final decision on the Interim Injunction. As part of the Merger consummated on April 28, 2014, OCHL and OCL became additional promisors under two promissory notes, a promissory note, dated as of April 28, 2014 (the “Senior Note”), issued in favor of JJAT, and a promissory note, dated as of April 28, 2014 (the “Junior Note”), issued in our favor. Pursuant to the Senior Note, OCHL and OCL are jointly liable to the Company for the principal amount of $1,376,124 and interest at 8% per annum. Pursuant to the Junior Note, OCHL and OCL are jointly liable to the Company for a principal amount of $494,749 and interest at 8% per annum. Subsequently, in connection with the Interim Injunction, the Petitioner and the Respondents entered into a Consent Order, as approved by the Court on July 22, 2016 (the “Consent Order”), pursuant to which, among other things, (i) Mr. Ellin resigned as a director of OCHL and OCL and Mr. Griston was appointed as a new independent non-executive director on the boards of directors of the two companies, and (ii) the parties agreed to certain terms allowing them to either settle the disputes or proceed with a sale of the business to either party. On September 22, 2016, Mr. Bengough entered into a Settlement Agreement (the “Settlement Agreement”) with the Respondents and Global Loan Agency Services Limited, as escrow agent (the “Escrow Agent”), relating to the Petition. Pursuant to the Settlement Agreement, at the Closing (as defined below) the parties agreed, among other things, to (i) the terms of settlement in relation to all facts, matters and allegations raised by the Petition against the Respondents, including disputed liability under the Junior Note, (ii) sell 48,878 ordinary shares and the 2,750 deferred ordinary shares in OCHL owned by KoKo UK to Mr. Bengough on the terms provided in the Settlement Agreement, (iii) resolve certain ancillary matters arising from the past business dealings between Messrs. Ellin and Bengough, and (iv) to consummate the transactions contemplated thereunder and under certain related transaction documents (as defined below) (collectively, the “Settlement Transactions”). As part of the Settlement Transactions, Messrs. Ellin and Bengough engaged BTG Financial Consulting LLP BTG (“BTG”) to carry out an independent expert valuation of the value of the ordinary shares in OCHL on the terms set forth in the engagement letter entered into by the parties (the “Valuation”). Upon the conclusion of the Valuation, among other things, (i) Mr. Bengough agreed to pay to us 50% of the value of the ordinary and deferred ordinary shares in OCHL minus £37,000, (ii) the Settlement Transactions would be consummated, and (iii) we would discharge the Note, without any further payment by Mr. Bengough or any other entity to Mr. Ellin, KoKo UK or us. On November 24, 2016, BTG delivered its final report on the Valuation (the “Valuation Report”) to the parties and that its analysis yielded that the value of the ordinary shares of OCHL is £3,612,057, therefore entitling us to £1,769,029 (or 50% of the value) minus £37,000 (the “Final Sale Price”). On December 1, 2016, the Escrow Agent paid to us, via the funds deposited by Mr. Bengough, approximately $2.18 million as the Final Sale Price and the Settlement Transactions were automatically consummated (including our sale of the KoKo Shares to Mr. Bengough). Blink TV Limited and Northstar Media, Inc. On March 3, 2016, Blink TV Limited and Northstar Media, Inc. (collectively, “Plaintiffs”) filed a claim in the Los Angeles County Superior Court of California against the Company and its wholly owned subsidiary, LiveXLive Corp. (“LXL”), alleging breaches of two different license agreements for the live-streaming rights to “Bestival,” an annual music festival which takes place on the Isle of Wight in England. LXL and the Company demurred to the complaint on May 10, 2016, and, prior to the hearing on the demurrer, Plaintiffs amended their complaint. The amended complaint no longer states a claim against the Company and only states a single cause of action against LXL for the alleged breach of a single license agreement. Plaintiffs are seeking $300,000 in damages. To date, LXL has vigorously contested Plaintiffs’ claims. In doing so, LXL filed a cross-complaint against Plaintiffs for breach of contract and breach of the implied covenant of good faith and fair dealing, on December 23, 2016. The court will hold a trial setting conference in the action on May 11, 2017.	Note 10 — Commitments and Contingencies Employment Agreements On October 6, 2015, the Company appointed Blake Indursky as the Executive Vice Chairman and Senior Vice President of Operations of the Company. Mr. Indursky’s employment agreement provides for a twelve-month term, renewable on an annual basis unless terminated by either party thereto, compensation of $10,000 per month and 500,000 shares of the Company’s restricted common stock which shall vest equally on a monthly basis over the twelve (12) month term of the Employment Agreement. Legal Proceedings On May 20, 2016, Mr. Oliver Bengough filed a Petition for Relief (the “Petition”) in the High Court of Justice, Chancery Division (the “Court”) against OCHL, OCL, KOKO UK and Mr. Ellin (collectively, the “Respondents”). In connection with the Petition, effective as of May 20, 2016, Mint Group terminated the Management Services Agreement with OCL pursuant to which Mint Group served as a contracted service provider to KOKO, a nightclub and live music venue “KOKO” in Camden, London owned by KOKO UK. The Petitioner claims certain breaches of duty by Mr. Ellin in connection with the corporate operations of the Respondents, as well as a “deterioration” of the relationship between the parties. The Petitioner further claims that his interests have been unfairly prejudiced by the conduct of the Respondents and the breakdown of trust and confidence between himself and Mr. Ellin. In connection with such termination, we demanded the resignation of Mr. Bengough (a significant shareholder of Mint Group) from the board of OCHL due to what we strongly believe to be performance and management concerns on behalf of Mint Group and its non-payment of certain funds. OCHL was formed by OCL’s stockholders for the sole purpose of acquiring all of the registered and contributed capital of OCL, is a 50%-owned subsidiary of the Company and is the parent of OCL. Among other things, the Petitioner is seeking an order by the Court for the sale by KOKO UK of its shares in OCHL to the Petitioner at a fair market value to be determined by the Court or an independent third party valuation with a discount to reflect the losses claimed to be suffered by the Petitioner. The Petitioner is further seeking, if required, an order terminating Mr. Ellin’s directorship of OCHL and OCL, permission to bring a derivative action against Mr. Ellin alleging breaches of certain duties set forth in the Petition, for the Court to set aside the Senior Note and Junior Note (as each defined below) or alternatively such part of those notes which the Petitioner alleges are expenses for which Respondents OCL and OCHL should not be liable and for the Court to declare that OCL and OCHL have no liability for such expenses to us, JJAT or any other person connected with Mr. Ellin. As part of the initial hearing, the Court granted Petitioner’s request for interim relief to allow the Petitioner to continue running OCL’s business as it was conducted prior to the filing of the Petition, subject to Mr. Ellin’s approval of any expenditures exceeding $15,000 in amount (the “Interim Injunction”). This interim relief was granted pending a final decision on the Interim Injunction at the next hearing. As part of the Merger consummated on April 28, 2014, OCHL and OCL became additional promisors under 2 promissory notes, a promissory note, dated as of April 28, 2014 (the “Senior Note”), issued in favor of JJAT, and a promissory note, dated as of April 28, 2014 (the “Junior Note”), issued in our favor. Pursuant to the Senior Note, OCHL and OCL are jointly liable for the principal amount of $1,376,124 and interest at 8% per annum. Pursuant to the Junior Note, OCHL and OCL are jointly liable to us for a principal amount of $494,749 and interest at 8% per annum. In the event the Court denies the Petitioner’s relief summarized above, a request was made by the Petitioner for an order by the Court for the “winding up” of OCL and OCHL based upon deadlock of its board and members. The Respondents have retained UK counsel in this matter and categorically deny all allegations in the Petition and intend to aggressively defend this action, to refute the allegations set forth therein and to file a substantive counter-complaint in answer to the Petition. A 2-day hearing has been set by the Court for July 28 and 29, 2016, consisting of a procedural hearing on the Petition and to rule on the Interim Injunction.

Equity Incentive Plan

Equity Incentive Plan	9 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Equity Incentive Plan	Note 11 — Equity Incentive Plan On August 29, 2016, the Company’s Board of Directors and stockholders approved the Company’s 2016 Equity Incentive Plan (the “2016 Plan”), which reserves a total of 22,800,000 shares of the Company’s common stock for issuance under the 2016 Plan. Incentive awards authorized under the 2016 Plan include, but are not limited to, incentive stock options within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. If an incentive award granted under the 2016 Plan expires, terminates, is unexercised or is forfeited, or if any shares are surrendered to us in connection with the exercise of an incentive award, the shares subject to such award and the surrendered shares will become available for further awards under the 2016 Plan. As of the date of the filing of this registration statement, no stock options or any shares of Common Stock have been issued under the 2016 Plan.

Stockholders' Equity

Stockholders' Equity	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Stockholders' Equity
Stockholders' Equity	Note 12 — Stockholders’ Equity Sale of Common Stock or Equity Units During the nine months ended December 31, 2016, the Company entered into securities purchase agreements with certain accredited investors, pursuant to which the Company sold an aggregate of 550,000 units at a purchase price of $2.50 per share for $1,375,000 in cash proceeds. Each unit consisted of one share of the Company’s common stock and a warrant to purchase 0.5 (one-half) share of the Company’s common stock, exercisable for a period of three years from the date of original issuance at exercise prices from $0.005 to $0.01 per share. Issuance of Common Stock for Services During the nine months ended December 31, 2016, the Company issued 831,214 shares of its common stock valued at $1,031,252 to various consultants, including 100,000 shares to a related party valued at $167,000. The Company valued these shares at prices from $0.50 to $1.67 per share, the most recent price of the sale of its common stock near the date of grant. Warrants On June 2, 2016, the Company issued warrants to acquire 205,920 shares of the Company’s common stock valued at $341,864 as an inducement to convert a convertible note. These warrants, along with 400,000 warrants issued to the note holder upon issuance of the note, were exercised during the period at an exercise price of $0.005 per share, resulting in net proceeds to the Company of $3,030. In April, 2016, the Company issued warrants to Trinad Capital, a related party, to acquire 3,352,754 shares of the Company’s common stock valued at $1,661,114 at an exercise price of $0.005 to extend the maturity dates of certain notes. These warrants were exercised during the period at an exercise price of $0.005 per share, resulting in net proceeds to the Company of $16,764. On September 14, 2016, the Company issued warrants along with a convertible note to acquire 150,000 shares of Company’s common stock valued at $93,612 at an exercise price of $0.005. On November 22, 2016, the Company issued warrants along with a convertible note to acquire 250,000 shares of Company’s common stock valued at $226,811 at an exercise price of $0.005. During the period ended December 31, 2016, warrants to purchase 7,558,674 shares of common stock were exercised, 201,352 warrants were exercised on a cashless basis and the Company received proceeds of $26,293 from the exercise of 7,357,322 warrants. The table below summarizes the Company’s warrant activities: Number of Weighted Weighted Balance outstanding, March 31, 2016 3,600,000 $ 0.050 4.16 Granted 4,233,674 0.005 3.16 Exercised (7,558,674 ) 0.026 3.51 Forfeited/expired — — — Balance outstanding, December 31, 2016 275,000 $ 0.005 2.47 Exercisable, December 31, 2016 275,000 $ 0.005 2.47 Increase of Authorized Common Stock and Creation of Preferred Stock On August 29, 2016, the Company’s Board of Directors and stockholders approved for the Company to file a Certificate of Amendment to its Articles of Incorporation (the “Certificate”) with the Secretary of State of the State of Nevada, which increased the Company’s authorized capital stock. The Certificate was filed and became effective on September 1, 2016. The Certificate increased the aggregate number of shares of capital stock which the Company has the authority to issue to 501,000,000 shares, consisting of 500,000,000 shares of common stock and 1,000,000 shares of the Company’s preferred stock, $0.001 par value per share (the “preferred stock”). The Company may issue shares of preferred stock from time to time in one or more series, each of which will have such distinctive designation or title as shall be determined by the Company’s Board of Directors and will have such voting powers, full or limited, or no voting powers, and such preferences and relative, participating, optional or other special rights and such qualifications, limitations or restrictions thereof, as shall be stated in the resolution or resolutions providing for the issue of such class or series of preferred stock as may be adopted from time to time by the Company’s Board of Directors. The Company’s Board of Directors will have the power to increase or decrease the number of shares of preferred stock of any series after the issuance of shares of that series, but not below the number of shares of such series then outstanding. In case the number of shares of any series shall be decreased, the shares constituting such decrease will resume the status of authorized but unissued shares of preferred stock. While the Company does not currently have any plans for the issuance of preferred stock, the issuance of such preferred stock could adversely affect the rights of the holders of common stock and, therefore, reduce the value of the common stock. It is not possible to state the actual effect of the issuance of any shares of preferred stock on the rights of holders of the common stock until and unless the Company’s Board of Directors determines the specific rights of the holders of the preferred stock; however, these effects may include: restricting dividends on the common stock, diluting the voting power of the common stock, impairing the liquidation rights of the common stock, or delaying or preventing a change in control of the Company without further action by the stockholders.	Note 11 — Stockholders’ Equity Common Stock On February 13, 2014, JJAT exchanged its shares of stock of OCHL for 58,000,000 shares of the Company’s common stock. The shares were valued at $4,200,000, the historical cost basis of JJAT in the stock conveyed to the Company. JJAT is an entity that is owned by Robert Ellin, the majority shareholder of the Company Sale of Common Stock or Equity Units During the year ended March 31, 2015, the Company issued an aggregate of 300,000 shares of its common stock at $0.50 per share for $150,000 in cash. During the year ended March 31, 2015, the Company entered into securities purchase agreements with accredited investors, pursuant to which the Company agreed to issue an aggregate of 1,350,000 Units at a purchase price per unit of $1.00 per share for an aggregate purchase price of $675,000 with each unit consisting of one share of the Company’s common stock and one warrant to purchase a share of the Company’s common stock, exercisable for a period of four years from the date of original issuance at an exercise price of $0.005 per share During the year ended March 31, 2016, the Company entered into securities purchase agreements with accredited investors, pursuant to which the Company agreed to issue an aggregate of 762,500 units at a purchase price of $1.00 per unit for $612,500 in cash. Each unit consisted of one share of the Company’s common stock and one warrant to purchase a share of the Company’s common stock, exercisable for a period of four years from the date of original issuance at an exercise price of $0.005 per share. Issuance of Common Stock for services During the year ended March 31, 2016, the Company issued 1,802,000 shares of its common stock valued at $856,500 to various consultants and advisory board members. The Company valued these shares at prices from $0.025 – $0.50 per share, the most recent price of the sale of our common stock on the date of grant. During the year ended March 31, 2015, the Company issued 2,570,000 shares of its common stock valued at $960,000 to various consultants and advisory board members. The Company valued these shares at prices from $0.25 – $0.50 per share, the most recent price of the sale of our common stock on the date of grant. Stock Grant for Legal Services During the fiscal year ended March 31, 2015, the Company entered into a Subscription Agreement with its then legal advisors (the “Subscription Agreement”). Pursuant to the Subscription Agreement, the advisors agreed to subscribe to purchase of 1,909,976 shares of the Company’s common stock, at the price of $0.25 per share, in exchange for legal services previously rendered to the Company in the aggregate amount of $477,494. Warrants On December 1, 2014, the Company issued warrants to purchase 5,250,000 shares of its common stock at an exercise price of $0.005 per share to 8 accredited investors who had previously purchased shares of the Company’s common stock for $0.50 per share. The Company incurred an expense of $2,600,080 for this issuance. The warrants expire 4 years from the date of issuance. During the years ended March 31, 2016 and 2015, the Company issued 1,162,500 and 5,900,000 shares of the Company’s common stock upon exercise of 1,162,500 and 5,900,000 warrants at an exercise price of $0.005 per share, resulting in net proceeds to the Company of $5,813 and $29,500. The table below summarizes the Company’s warrant activities: Number of Weighted Weighted Balance outstanding, March 31, 2014 2,250,000 $ 0.075 8.49 Granted 7,250,000 0.005 3.92 Exercised (5,900,000) 0.005 3.92 Forfeited/expired — — — Balance outstanding, March 31, 2015 3,600,000 $ 0.045 3.21 Granted 1,162,500 0.005 2.31 Exercised (1,162,500) 0.005 4.24 Forfeited/expired — — — Balance outstanding, March 31, 2016 3,600,000 $ 0.05 4.16 Exercisable, March 31, 2016 3,600,000 $ 0.10 4.16

Income Tax Provision

Income Tax Provision	12 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Provision	Note 12 — Income Tax Provision At March 31, 2016 and 2015, the Company had available federal and state net operating loss carryforwards to reduce future taxable income. The amounts available were approximately $9.8 million and $8.6 million for federal income tax purposes, respectively, and $9.8 million and $8.6 million for state income tax purposes respectively. The federal net operating loss carryforward expires in 2033 and the state net operating loss carryforward expires in 2018. Given the Company’s history of net operating losses, management has determined that it is more likely than not that the Company will not be able to realize the tax benefit of the carryforwards. Accordingly, the Company has not recognized a deferred tax asset for this benefit. The Company has adopted FASB guidelines that address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. This guidance also provides guidance on derecognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. As of March 31, 2016 and 2015, the Company did not have a liability for unrecognized tax benefits, and no adjustment was required at adoption. The Company’s policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of March 31, 2016 and 2015, the Company has not accrued interest or penalties related to uncertain tax positions. Additionally, tax years 2008 through 2015 remain open to examination by the major taxing jurisdictions to which the Company is subject. Upon the attainment of taxable income by the Company, management will assess the likelihood of realizing the tax benefit associated with the use of the carryforwards and will recognize the appropriate deferred tax asset at that time. Significant components of the Company’s deferred income tax assets are as follows as of: 2016 2015 Net operating loss carryforward $ (4,217,871 ) $ (2,925,548 ) Stock based compensation 2,154 1,036 Fair value of warrants 884,027 — Total deferred tax assets (3,331,690 ) (2,924,511 ) Valuation allowance 3,331,690 2,924,511 Net deferred tax asset $ — $ — Reconciliation of the effective income tax rate to the U.S. statutory rate is as follows: 2016 2015 U.S federal statutory income tax -34.00 % -34.00 % State tax, net of federal tax benefit -5.80 % -5.80 % Change in valuation allowance 39.80 % 39.80 % Effective tax rate 0.00 % 0.00 %

Subsequent Events

Subsequent Events	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 13 — Subsequent Events Issuance of Common Stock for Services From January 2017 to April 2017, the Company issued 1,095,115 shares of its common stock valued at $1,828,842 to various consultants. The Company valued these shares at $1.67 per share, the most recent price of the sale of its common stock near the date of grant. Warrants From January 2017 to May 2017, warrants to purchase 3,305,538 shares of common stock were exercised and the Company received aggregate proceeds of $31,805. Unsecured Convertible Notes Payable From January 2017 to May 2017, the Company issued thirteen 6% unsecured convertible note payables to investors for total cash principal of $2,180,000. The Company also converted aggregate principal and interest of $3,581,077 under the existing First and Second Senior Notes with Trinad Capital Master Fund into an unsecured convertible note payable. These notes are due between January 2018 and September 2018. If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) of aggregate gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the right to convert all outstanding note principal and interest into the same equity securities issued in such equity financing at 75% of the issuance price of the securities issued in such financing. In addition, the investors received an aggregate of 2,880,539 warrants to purchase shares of the Company’s common stock at an exercise price of $0.01 per share. The warrants have a relative fair value of $2,613,379, which will be recorded as a valuation discount and amortized over the term of the notes. Promotional Rights The Company acquires promotional rights from time to time that may contain obligations for future payments. During the period ended December 31, 2016, the Company incurred $350,000 in payment obligations for the acquisition of certain promotional rights. Subsequent to December 31, 2016, the Company entered into two license, production an d/o Employment Agreements In April and May 2017, the Company entered into employment agreements with two officers for a term of two years at an annual salary of $120,000 and $180,000 respectively. In addition, one of the officers was granted 300,000 shares of the Company’s common stock valued at $501,000 that will vest in equal tranches over the 24-month term of the employment agreement. The officer will also receive a bonus of $100,000 upon the closing of an underwritten public offering of the Company’s common stock. The other officer was granted 400,000 shares of the Company’s common stock valued at $668,000 that will vest in increments, with the first tranche of 200,000 shares vesting 12 months from the effective date and the remaining number of shares vesting monthly thereafter, with 100% vesting over the 24-month term of the employment agreement. Wantickets Acquisition On May 5, 2017, LiveXLive Tickets, Inc., a subsidiary of the Company, entered into an asset purchase agreement with Wantickets RDM, LLC (“Wantickets”) and certain other parties, whereby the Company purchased the operating assets of Wantickets for a total consideration of 2,000,000 shares of common stock of the Company and the assumption of certain liabilities of Wantickets. In connection with the transaction, LiveXLive Tickets, Inc. entered into employment agreements with two officers for a term of two years each. One officer will receive an annual salary of $220,000 and a bonus of 2,000,000 shares of common stock if the Company’s subsidiary, LiveXLive Tickets, Inc., earns net income stock of $3 million in the twelve months following the effective date of the employment agreement or net income of $4 million in the twelve months thereafter. The other officer will receive an annual salary of $160,000 and receive a number of shares of common stock equal to $15,000 each year. Services Payable, Related Party Pursuant to the terms of the Management Agreement with Trinad Management, LLC, during March and April 2017, the Company paid $1,000,000 that was due at the end of the three-year term of the Management Agreement.	Note 13 — Subsequent Events Placement of Common Stock On June 8, 2016 and June 10, 2016, the Company sold certain of its securities to an accredited investor for total gross proceeds of $1,250,000. The securities consisted of (i) 500,000 shares of the Company’s common stock at a purchase price of $2.50 per share, and (ii) a 3-year warrant to purchase 500,000 shares of the Company’s common stock exercisable at $0.005 per share. The net proceeds of the sale of these securities will be used for general working capital. Additional Advances from Trinad Subsequent to the fiscal year ended March 31, 2016, Trinad Capital advanced an additional $95,100 to us under the terms and conditions of the Second Senior Note. Conversion of Convertible Note Payable Subsequent to the fiscal year ended March 31, 2016, at the request of the Lenders we converted the note payable in the amount of $200,000 plus accrued interest into shares of our common stock, resulting in the issuance of approximately 205,500 shares for this conversion. We also accepted the Lenders’ request to exercise their 200,000 warrants at a price of $0.005, resulting in the issuance of 400,000 shares of our common stock for this warrant exercise. Litigation Related to OCHL and Oliver Bengough See Note 10 — Commitments and Contingencies — Legal Proceedings, for a discussion of the Petition.

Organization, Operations and 21

Organization, Operations and Basis of Presentation (Details Narrative) - USD ($)	Jun. 10, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Apr. 28, 2014	Mar. 31, 2014
Ownership percentage		50.00%		50.00%		0.50%
Working capital deficit						$ 4,824,418
Net loss		$ (4,540,910)	$ (314,390)	$ (9,143,122)	$ (2,960,686)	(3,746,944)	$ (5,609,675)
Net cash used in operating activities				(2,580,500)	$ (1,918,393)	(2,999,941)	(947,754)
Proceeds from sale of common stock with warrants				3,813,598
Stockholders' equity (deficit)		$ (3,813,598)		$ (3,813,598)		230,724	$ 2,403,311		$ (1,090,549)
Forward stock split				In September 2016, the Company's Board of Directors declared a 2-for-1 forward stock split of the Company's common stock in the form of a dividend.
Accredited Investors [Member]
Proceeds from sale of common stock with warrants	$ 1,250,000					$ 1,250,000
Obar Camden Holdings Ltd [Member]
Ownership percentage						0.50%		50.00%

Significant Accounting Polici22

Significant Accounting Policies and Practices (Details Narrative) - USD ($)	9 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Percentage of equity method ownership	50.00%		0.50%
Investments in affiliates			$ 4,889,515	$ 4,478,962
FDIC insurance limit			$ 250,000
Anti-dilutive shares	275,000	1,275,000	1,800,000	1,800,000
Unconsolidated Subsidiary [Member]
Percentage of equity method ownership	20.00%		0.20%
Investments in affiliates			$ 4,889,515	$ 4,478,962

Restatement of Prior Period F23

Restatement of Prior Period Financial Statements (Details Narrative) - USD ($)	Apr. 28, 2014	Feb. 13, 2014	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Ownership percentage			50.00%	0.50%
Equity method investments			$ 5,022,347	$ 4,889,515	$ 4,478,962	$ 4,200,000
Obar Camden Holdings Ltd [Member]
Ownership percentage	50.00%			0.50%
Sale of equity investment	$ 2,180,000
Jjat Corp [Member]
Shares issued during the period	58,000,000	29,000,000
Equity method investments	$ 4,200,000	$ 4,200,000

Equity Investments in OCHL (Det

Equity Investments in OCHL (Details Narrative) - USD ($)

Apr. 28, 2014

Apr. 24, 2014

Feb. 13, 2014

Dec. 01, 2016

Nov. 24, 2016

Dec. 31, 2016

Dec. 31, 2015

Apr. 30, 2017

Dec. 31, 2016

Dec. 31, 2015

Mar. 31, 2016

Mar. 31, 2015

Percentage of equity method ownership

50.00%

50.00%

0.50%

Initial Investment at beggining

$ 5,022,347

$ 4,889,515

$ 4,478,962

$ 4,478,962

$ 4,200,000

Due to affiliate

$ 213,331

494,750

Interest rate

0.08%

Maturity date

Apr. 27, 2015

Loss on sale of investment

(2,790,073)

Impairment Of Note Receivable Related Party

$ 213,331

213,331

Former Chief Executive Officer [Member] | Private placement [Member] | Variation Agreement [Member]

Number of shares issued

29,000,000

Former Chief Executive Officer [Member] | Private placement [Member] | Variation Agreement [Member] | Minimum [Member]

Ownership percentage

42.50%

Advisors, Consultants And Key Employees [Member]

Number of shares issued

3,200,000

Jjat Corp [Member]

Number of shares issued

58,000,000

29,000,000

Jjat Corp [Member] | 8% Senior Note [Member]

Debt face amount

$ 1,376,124

Obar Camden Holdings Ltd [Member]

Percentage of equity method ownership

50.00%

0.50%

Equity method investment aggregate cost

$ 494,750

Obar Camden Holdings Ltd [Member] | Former Chief Executive Officer [Member]

Sale of equity investment

$ 2,180,000

Loss on sale of investment

2,790,073

Impairment Of Note Receivable Related Party

$ 213,331

Obar Camden Holdings Ltd [Member] | Former Chief Executive Officer [Member] | Settlement Agreement [Member] | 8% Senior Note [Member]

Debt face amount

$ 494,749

Koko Camden Uk Limited [Member] | Former Chief Executive Officer [Member] | Settlement Agreement [Member] | Ordinary Shares [Member]

Number Of Shares Sold

48,878

Koko Camden Uk Limited [Member] | Former Chief Executive Officer [Member] | Settlement Agreement [Member] | Deferred Ordinary Shares [Member]

Number Of Shares Sold

2,750

Btg Financial Consulting Llp [Member]

Description Of Agreement Terms

The parties and that its analysis yielded that the value of the ordinary shares of OCHL is £3,612,057, therefore entitling us to £1,769,029 (or 50% of the value) minus £37,000 (the Final Sale Price).

Btg Financial Consulting Llp [Member] | Former Chief Executive Officer [Member]

Description Of Agreement Terms

(i) Mr. Bengough agreed to pay to us 50% of the value of the ordinary and deferred ordinary shares in OCHL minus £37,000, (ii) the Settlement Transactions would be consummated, and (iii) we would discharge the Note, without any further payment by Mr. Bengough or any other entity to Mr. Ellin, KoKo UK or us.

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 01, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Property and Equipment [Abstract]
Depreciation expense	$ 6,072	$ 984	$ 18,043	$ 2,787	$ 6,336	$ 3,048

Related Party Notes Payable (De

Related Party Notes Payable (Details Narrative) - USD ($)	Apr. 26, 2016	Apr. 21, 2016	Dec. 31, 2014	Apr. 30, 2016	Jan. 27, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2016	Mar. 31, 2015	Nov. 23, 2015	Jul. 10, 2015	Apr. 08, 2015	Nov. 30, 2014
Principal notes payable						$ 3,154,100			$ 2,784,000	$ 825,000
Amortized debt discount						115,398			$ 9,817
Fair Value Adjustment of Warrants						320,423
Principal notes payable						3,154,100,000
Debt Default Instrument Maturity Date									Apr. 27, 2015
Warrant [Member]
Number of shares issued									581,250	2,950,000
Exercise price (in dollars per share)									$ 0.01	$ 0.01
As Restated [Member]
Principal notes payable										$ 825,000
Repayment of notes payable							$ (439,500)
Trinad Capital [Member] | Warrant [Member]
Debt face amount			$ 700,000					$ 700,000						$ 1,000,000
Accrued Interest						185,761			$ 140,555
Number of shares issued				3,352,754
Exercise price (in dollars per share)				$ 0.005
Principal notes payable						1,000,000			$ 1,000,000
Debt Instrument, Face Amount			700,000					700,000						1,000,000
Debt face amount			700,000					700,000						1,000,000
First Senior Promissory Note [Member] | Trinad Capital [Member]
Debt face amount			1,000,000					1,000,000			$ 2,000,000			700,000
Converted value in excess of principal								$ 5,000,000
Maturity date								Jun. 30, 2016
Revised maturity date									Jun. 30, 2017
Principal notes payable						$ 1,000,000			$ 1,000,000
Accrued Interest			70,151					$ 70,151	140,555	81,102
Exercise price (in dollars per share)		$ 0.01
Debt Instrument, Face Amount			1,000,000					1,000,000			2,000,000			700,000
Debt face amount			1,000,000					$ 1,000,000			2,000,000			700,000
First Senior Promissory Note [Member] | Trinad Capital [Member] | Warrant [Member]
Number of shares issued		1,144,986
Exercise price (in dollars per share)		$ 0.005
Expiration date		Apr. 21, 2020
Expected life		4 years
Warrants issued		1,144,986
Volatility rate		100.00%
Risk-free interest rate		1.30%
Aggregate relative fair value		$ 567,282
First Senior Promissory Note [Member] | Trinad Capital [Member] | As Restated [Member]
Principal notes payable										825,000
First Senior Promissory Note [Member] | Trinad Management Llc [Member]
Debt face amount														700,000
Converted value in excess of principal			$ 1,000,000		$ 5,000,000
Revised maturity date						Jun. 30, 2017
Terms of conversion feature					The conversion price for conversion of the unpaid balance and interest outstanding in connection with an equity financing was amended to be the price per share equal to the average price per share paid by investors in the equity financing.
Debt Default Instrument Maturity Date					Jun. 30, 2016
Debt Instrument, Face Amount														700,000
Debt face amount														$ 700,000
First Senior Promissory Note [Member] | Trinad Management Llc [Member] | Warrant [Member]
Number of shares issued		1,144,986
Exercise price (in dollars per share)		$ 0.005
Expected life		4 years
Warrants issued		1,144,986
Volatility rate		100.00%
Dividend yield		0.00%
Risk-free interest rate		1.30%
Aggregate relative fair value		$ 567,282
Second Senior Promissory Note [Member] | Warrant [Member]
Number of shares issued	1,103,884
Expiration date	Apr. 21, 2020
Second Senior Promissory Note [Member] | Trinad Capital [Member]
Debt face amount	$ 3,000,000								$ 1,784,000		2,000,000	$ 1,000,000	$ 195,500
Maturity date									Jun. 30, 2016
Revised maturity date									Jun. 30, 2017
Principal notes payable						$ 2,154,100			$ 1,784,000
Accrued Interest									87,048
Exercise price (in dollars per share)	$ 0.01
Principal notes payable									1,784,000
Debt Instrument, Face Amount	$ 3,000,000								1,784,000		2,000,000	1,000,000	195,500
Debt face amount	3,000,000								$ 1,784,000		$ 2,000,000	1,000,000	$ 195,500
Second Senior Promissory Note [Member] | Trinad Capital [Member] | Warrant [Member]
Debt face amount	$ 3,000,000					$ 820,100
Revised maturity date	Jun. 30, 2017					Jun. 30, 2016
Accrued Interest						$ 212,335
Number of shares issued	2,207,768
Exercise price (in dollars per share)	$ 0.005
Expiration date	Apr. 21, 2020
Expected life	4 years
Warrants issued	2,207,768
Fair Value Adjustment of Warrants	$ 1,093,832
Repayment of notes payable						450,000
Principal notes payable						$ 2,154,100
Debt Default Instrument Maturity Date	Jun. 30, 2017					Jun. 30, 2016
Debt Instrument, Face Amount	$ 3,000,000					$ 820,100
Volatility rate	100.00%
Dividend yield	0.00%
Risk-free interest rate	1.30%
Debt face amount	$ 3,000,000					$ 820,100
Second Senior Promissory Note [Member] | Trinad Capital [Member] | As Restated [Member]
Debt face amount												195,500
Principal notes payable
Debt Instrument, Face Amount												195,500
Debt face amount												$ 195,500

Other Note Payable (Details Nar

Other Note Payable (Details Narrative) - USD ($)	Dec. 31, 2014	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Principal notes payable		$ 273,172	$ 262,042	$ 246,086
6% Senior Promissory Note [Member]
Debt face amount	$ 242,498
Maturity date	Dec. 31, 2015
Revised maturity date	Jun. 30, 2016
Principal notes payable		273,172	262,040	242,498
Accrued Interest		$ 30,674	$ 19,542	$ 3,588

Unsecured Convertible Notes P28

Unsecured Convertible Notes Payable (Details Narrative) - USD ($)	Sep. 14, 2016	Jun. 06, 2016	Jun. 02, 2016	Jan. 19, 2016	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Nov. 22, 2016
Debt Instrument [Line Items]
Amortized debt discount					$ 115,398		$ 9,817
Unamortized debt discount					(294,752)		(89,727)
Beneficial conversion cost					136,936
Proceeds from warrant exercise					26,293	$ 6,813
Warrant [Member]
Debt Instrument [Line Items]
Number of shares issued							581,250	2,950,000
Exercise price (in dollars per share)							$ 0.01	$ 0.01
8% Unsecured Convertible Notes Payable Due on January 19, 2018 [Member]
Debt Instrument [Line Items]
Debt face amount							$ 200,000
Debt term							24 months
Principal notes payable		$ 200,000					$ 200,000
Amortized debt discount							9,818
Unamortized debt discount							$ (89,727)
Description of debt conversion				If the Company raises a minimum of $2,500,000 (excluding the amount converting pursuant to the notes) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the Lenders will have the rights to convert all outstanding principal and interest into the same equity securities issued in such qualified equity financing at 75% of the issuance price of the securities in such financing.			TheNotes are subject to an automatic conversion feature if the Company raises a minimum of 2,500,000 (excluding the amount convertingpursuant to the Notes) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor inone or more closings (a “Qualified Equity Financing”) prior to the Maturity Date, the Lenders will have the rightsto convert all outstanding principal and interest into the same equity securities (the “Investor Stock”) issued inthe Qualified Equity Financing at 75% of the issuance price of the Investor Stock. The holders of the Notes shall receive thesame rights, privileges and protections as the Investor Stock issued in connection with the Qualified Equity Financing including,but not limited to, registration rights.
Conversion price (in dollars per share)		$ 1
Share price (in dollars per share)		$ 1.67
Beneficial conversion cost		$ 136,936
Accrued interest		$ 5,918
Number of shares converted		205,918
8% Unsecured Convertible Notes Payable Due on January 19, 2018 [Member] | Warrant [Member]
Debt Instrument [Line Items]
Number of shares of aggregate relative fair value					400,000
Number of shares issued					400,000		200,000
Exercise price (in dollars per share)			$ 0.005		$ 0.005		$ 0.01
Principal notes payable			$ 400,000
Aggregate relative fair value			341,864		$ 99,915		$ 99,915
Risk-free interest rate					1.30%		0.013%
Dividend yield					0.00%		0.00%
Volatility rate					100.00%		1.00%
Expected life					4 years		4 years
Proceeds from warrant exercise			$ 3,030
8% Unsecured Convertible Notes Payable Due on January 19, 2018 [Member] | Warrant [Member]
Debt Instrument [Line Items]
Number of shares of aggregate relative fair value					205,920
Number of shares issued					205,920
Exercise price (in dollars per share)					$ 0.005
Aggregate relative fair value					$ 341,864
Risk-free interest rate					1.20%
Dividend yield					0.00%
Volatility rate					100.00%
Expected life					3 years
Proceeds from warrant exercise					$ 1,030
6% Unsecured Convertible Notes Payable Due on September 30, 2018 [Member]
Debt Instrument [Line Items]
Debt face amount									$ 500,000
Principal notes payable
6% Unsecured Convertible Notes Payable Due on September 30, 2018 [Member] | Warrant [Member]
Debt Instrument [Line Items]
Description of debt conversion					If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the rights to convert all outstanding principal and interest into the same equity securities issued in such qualified equity financing at 75% of the issuance price of the securities in such financing.
6% Unsecured Convertible Notes Payable Due on September 30, 2018 [Member] | Warrant [Member]
Debt Instrument [Line Items]
Number of shares of aggregate relative fair value					250,000
Number of shares issued					250,000
Exercise price (in dollars per share)					$ 0.01
Aggregate relative fair value					$ 226,811
Risk-free interest rate					1.35%
Dividend yield					0.00%
Volatility rate					100.00%
Expected life					3 years
Amortized debt discount					$ 11,807
Unamortized debt discount					$ 215,004
Description of debt conversion					If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) of aggregate gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the right to convert all outstanding note principal and interest into the same equity securities issued in such equity financing at 75% of the issuance price of the securities issued in such financing.
6% Unsecured Convertible Notes Payable Due on September 13, 2018 [Member]
Debt Instrument [Line Items]
Debt face amount	$ 150,000
Principal notes payable							$ 152,663
Amortized debt discount					13,866
Unamortized debt discount					$ 79,746
Description of debt conversion	If the Company raises a minimum of $5,000,000 (excluding the amount converting pursuant to the note) in the aggregate in gross proceeds from an equity financing led by a reputable institutional investor in one or more closings prior to the maturity date, the investor will have the rights to convert all outstanding principal and interest into the same equity securities issued in such qualified equity financing at 75% of the issuance price of the securities in such financing.
6% Unsecured Convertible Notes Payable Due on September 13, 2018 [Member] | Warrant [Member]
Debt Instrument [Line Items]
Number of shares of aggregate relative fair value					150,000
Number of shares issued					150,000
Exercise price (in dollars per share)					$ 0.005
Aggregate relative fair value					$ 93,612
Risk-free interest rate					0.90%
Dividend yield					0.00%
Volatility rate					100.00%
Expected life					3 years

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)

Apr. 26, 2016

Apr. 21, 2016

Dec. 31, 2014

Sep. 23, 2011

Aug. 25, 2016

Apr. 30, 2016

Jan. 27, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Mar. 31, 2016

Mar. 31, 2015

Nov. 23, 2015

Jul. 10, 2015

Apr. 08, 2015

Nov. 30, 2014

Related Party Transaction [Line Items]

Due to related party

$ 124,500

$ 117,124

$ 101,345

Debt Default Instrument Maturity Date

Apr. 27, 2015

Principal notes payable

3,154,100,000

Fair Value Adjustment of Warrants

320,423

Amortized debt discount

$ 115,398

$ 9,817

As Restated [Member]

Related Party Transaction [Line Items]

Due to related party

[1]

$ 101,345

Repayment of notes payable

$ (439,500)

Warrant [Member]

Related Party Transaction [Line Items]

Number of shares issued

581,250

2,950,000

Exercise price (in dollars per share)

$ 0.01

$ 0.01

Warrant [Member] | Second Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Number of shares issued

1,103,884

Trinad Management Llc [Member] | First Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Debt face amount

$ 700,000

Converted value in excess of principal

$ 1,000,000

$ 5,000,000

Debt Default Instrument Maturity Date

Jun. 30, 2016

Revised maturity date

Jun. 30, 2017

Terms of conversion feature

The conversion price for conversion of the unpaid balance and interest outstanding in connection with an equity financing was amended to be the price per share equal to the average price per share paid by investors in the equity financing.

Trinad Management Llc [Member] | Warrant [Member] | First Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Number of shares issued

1,144,986

Exercise price (in dollars per share)

$ 0.005

Aggregate relative fair value

$ 567,282

Warrants issued

1,144,986

Risk-free interest rate

1.30%

Dividend yield

0.00%

Volatility rate

100.00%

Expected life

4 years

Mr. Robert Ellin [Member]

Related Party Transaction [Line Items]

Due to related party

$ 124,500

$ 117,124

$ 101,345

Trinad Capital [Member] | First Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Exercise price (in dollars per share)

$ 0.01

Debt face amount

1,000,000

$ 1,000,000

$ 2,000,000

700,000

Converted value in excess of principal

5,000,000

Revised maturity date

Jun. 30, 2017

Accrued Interest

70,151

$ 70,151

$ 140,555

81,102

Maturity date

Jun. 30, 2016

Trinad Capital [Member] | Second Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Exercise price (in dollars per share)

$ 0.01

Debt face amount

$ 3,000,000

$ 1,784,000

$ 2,000,000

$ 1,000,000

$ 195,500

Revised maturity date

Jun. 30, 2017

Principal notes payable

$ 1,784,000

Accrued Interest

$ 87,048

Maturity date

Jun. 30, 2016

Trinad Capital [Member] | Second Senior Promissory Note [Member] | As Restated [Member]

Related Party Transaction [Line Items]

Debt face amount

$ 195,500

Trinad Capital [Member] | Warrant [Member]

Related Party Transaction [Line Items]

Number of shares issued

3,352,754

Exercise price (in dollars per share)

$ 0.005

Debt face amount

$ 700,000

$ 700,000

$ 1,000,000

Principal notes payable

1,000,000

$ 1,000,000

Accrued Interest

185,761

140,555

Trinad Capital [Member] | Warrant [Member] | First Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Number of shares issued

1,144,986

Exercise price (in dollars per share)

$ 0.005

Aggregate relative fair value

$ 567,282

Warrants issued

1,144,986

Risk-free interest rate

1.30%

Volatility rate

100.00%

Expected life

4 years

Trinad Capital [Member] | Warrant [Member] | Second Senior Promissory Note [Member]

Related Party Transaction [Line Items]

Number of shares issued

2,207,768

Exercise price (in dollars per share)

$ 0.005

Debt face amount

$ 3,000,000

$ 820,100

Debt Default Instrument Maturity Date

Jun. 30, 2017

Jun. 30, 2016

Revised maturity date

Jun. 30, 2017

Jun. 30, 2016

Principal notes payable

$ 2,154,100

Accrued Interest

212,335

Repayment of notes payable

450,000

Fair Value Adjustment of Warrants

$ 1,093,832

Warrants issued

2,207,768

Risk-free interest rate

1.30%

Dividend yield

0.00%

Volatility rate

100.00%

Expected life

4 years

Management Services Agreement [Member] | Trinad Management Llc [Member]

Related Party Transaction [Line Items]

Management service fee

$ 2,080,000

270,000

360,000

360,000

Management service payable

90,000

30,000

Due to related party

$ 1,000,000

$ 1,000,000

$ 1,000,000

1,000,000

Agreement term

3 years

Remaining management service payable

180,000

Management Services Agreement [Member] | Trinad Management Llc [Member] | Warrant [Member]

Related Party Transaction [Line Items]

Number of shares issued

1,125,000

2,148,648

Exercise price (in dollars per share)

$ 0.15

$ 0.075

Expiration period

10 years

Aggregate relative fair value

$ 82,575

Amortized period

3 years

Remaining unamortized balance

$ 11,461

Management Services Agreement [Member] | Trinad Management Llc [Member] | Warrant1 [Member]

Related Party Transaction [Line Items]

Number of shares issued

2,250,000

Exercise price (in dollars per share)

$ 0.075

[1]

To remove balances of previously consolidated investment.

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	Sep. 22, 2016	May 20, 2016	Oct. 06, 2015	Apr. 28, 2014	Feb. 13, 2014	Dec. 01, 2016	Nov. 24, 2016	Dec. 31, 2016	Mar. 31, 2016
Name of plaintiff		Mr. Oliver Bengough
Name of defendant		OCHL, OCL, KOKO UK and Mr. Ellin (collectively, the“Respondents”).
Domicile of litigation		High Court of Justice, Chancery Division (the “Court”)
Description of allegations		In connection with the Petition, effective as ofMay 20, 2016, Mint Group terminated the Management Services Agreement with OCL pursuant to which Mint Group served as a contractedservice provider to KOKO, a nightclub and live music venue “KOKO” in Camden, London owned by KOKO UK. The Petitionerclaims certain breaches of duty by Mr. Ellin in connection with the corporate operations of the Respondents, as well as a “deterioration”of the relationship between the parties. The Petitioner further claims that his interests have been unfairly prejudiced by theconduct of the Respondents and the breakdown of trust and confidence between himself and Mr. Ellin.
Actions taken by court		The Court granted Petitioner’s request forinterim relief to allow the Petitioner to continue running OCL’s business as it was conducted prior to the filing of thePetition, subject to Mr. Ellin’s approval of any expenditures exceeding $15,000 in amount (the “Interim Injunction”).
Interim injunction paid		$ 15,000
Payment of accquisition of promotional rights								$ 350,000
8% Junior Note [Member]
Number of shares issued				494,749
Debt face amount				$ 494,749
Jjat Corp [Member]
Number of shares issued				58,000,000	29,000,000
Jjat Corp [Member] | Senior Notes [Member]
Debt face amount				$ 1,376,124
Jjat Corp [Member] | 8% Junior Note [Member]
Debt face amount				1,376,124
BTG Financial Consulting LLP [Member]
Description Of Agreement Terms							The parties and that its analysis yielded that the value of the ordinary shares of OCHL is £3,612,057, therefore entitling us to £1,769,029 (or 50% of the value) minus £37,000 (the Final Sale Price).
Obar Camden Holdings Ltd [Member]
Sale of equity investment				$ 2,180,000
Litigation Case [Member]
Name of plaintiff		Mr. Oliver Bengough
Name of defendant		OCHL, OCL, KOKO UK and Mr. Ellin (collectively, the "Respondents").
Domicile of litigation		High Court of Justice, Chancery Division (the "Court")
Description of allegations		In connection with the Petition, effective as of May 20, 2016, Mint Group terminated the Management Services Agreement with OCL pursuant to which Mint Group served as a contracted service provider to KOKO, a nightclub and live music venue "KOKO" in Camden, London owned by KOKO UK. Mr. Bengough claimed certain breaches of duty by Mr. Ellin in connection with the corporate operations of the Respondents, as well as a "deterioration" of the relationship between the parties. Mr. Bengough further claimed that his interests have been unfairly prejudiced by the conduct of the Respondents and the breakdown of trust and confidence between himself and Mr. Ellin.
Actions taken by court		The Court granted Mr. Bengough's request for interim relief to allow Mr. Bengough to continue running OCL's business as it was conducted prior to the filing of the Petition, subject to Mr. Ellin's approval of any expenditures exceeding $15,000 in amount (the "Interim Injunction").
Interim injunction paid		$ 15,000
Common stock [Member]
Number of shares issued									150,000
Messrs Ellin And Bengough [Member] | Obar Camden Holdings Ltd [Member]
Sale of equity investment						$ 2,180,000
Employment Agreements [Member] | Mr. Blake Indursky [Member]
Monthly compensation			$ 10,000
Agreement term			12 months
Employment Agreements [Member] | Mr. Blake Indursky [Member] | Restricted Common Stock [Member]
Number of shares issued			250,000
Settlement Agreement [Member] | Messrs Ellin And Bengough [Member] | Deferred Ordinary Shares [Member] | KOKO (Camden) UK Limited [Member]
Number Of Shares Sold	2,750
Settlement Agreement [Member] | Messrs Ellin And Bengough [Member] | Common stock [Member] | KOKO (Camden) UK Limited [Member]
Number Of Shares Sold	48,878
Settlement Agreement [Member] | Escrow Agent [Member] | Litigation Case [Member] | KOKO (Camden) UK Limited [Member]
Description Of Agreement Terms	(i) Mr. Bengough agreed to pay to us 50% of the value of the ordinary and deferred ordinary shares in OCHL minus £37,000, (ii) the Settlement Transactions would be consummated, and (iii) we would discharge the Note, without any further payment by Mr. Bengough or any other entity to Mr. Ellin, KoKo UK or us.
Settlement Agreement [Member] | Escrow Agent [Member] | Litigation Case [Member] | BTG Financial Consulting LLP [Member]
Description of valuation repor							The parties and that its analysis yielded that the value of the ordinary shares of OCHL is £3,612,057, therefore entitling us to £1,769,029 (or 50% of the value) minus £37,000 (the "Final Sale Price").

Equity Incentive Plan (Details

Equity Incentive Plan (Details Narrative )	Aug. 29, 2016shares
2016 Equity Incentive Plan (the "2016 Plan") [Member] | Board of Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock for issuance	22,800,000

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Nov. 22, 2016	Sep. 14, 2016	Jun. 02, 2016	Dec. 31, 2014	Apr. 28, 2014	Feb. 13, 2014	Dec. 31, 2016	Apr. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 06, 2016	Mar. 31, 2014
Equity method investments							$ 5,022,347		$ 5,022,347		$ 4,889,515	$ 4,478,962		$ 4,200,000
Number of shares issued upon services,value									1,031,252		856,500	960,000
Proceeds from warrant exercise									$ 26,293	$ 6,813
Total shares authorized							501,000,000		501,000,000
Common stock, authorized							500,000,000		500,000,000		500,000,000	500,000,000
Preferred stock, authorized							1,000,000		1,000,000		1,000,000	1,000,000
Preferred stock, par value (in dollars per share)							$ 0.001		$ 0.001		$ 0.001	$ 0.001
8% Unsecured Convertible Notes Payable [Member]
Share price (in dollars per share)													$ 1.67
Convertible notes payable											$ 200,000		$ 200,000
Jjat Corp [Member]
Number of shares issued					58,000,000	29,000,000
Equity method investments					$ 4,200,000	$ 4,200,000
Accredited Investors [Member] | Securities Purchase Agreements [Member]
Share price (in dollars per share)							$ 2.50		$ 2.50
Number of units issued									550,000		381,250	675,000
Number of units issued,value									$ 1,375,000		$ 612,500	$ 675,000
Share price (in dollars per unit)											$ 2	$ 1
Warrant [Member]
Number of shares issued											581,250	2,950,000
Number of shares issued, value											$ 5,813	$ 29,500
Exercise price (in dollars per share)											$ 0.01	$ 0.01
Number of warrants exercised											581,250	2,950,000
Warrant [Member] | Convertible Debt [Member]
Number of shares issued		150,000
Share price (in dollars per share)		$ 0.005
Number of shares issued, value		$ 93,612
Warrant [Member] | Convertible Debt One [Member]
Number of shares issued	250,000
Share price (in dollars per share)	$ 0.005
Number of shares issued, value	$ 226,811
Number of warrants exercised							7,558,674		7,558,674
Convertible notes payable							$ 7,357,322		$ 7,357,322
Proceeds from warrant exercise							$ 26,293
Number of cashless warrants exercised							201,352		201,352
Warrant [Member] | 8% Unsecured Convertible Notes Payable [Member]
Number of shares issued									400,000		200,000
Exercise price (in dollars per share)			$ 0.005				$ 0.005		$ 0.005		$ 0.01
Number of warrants exercised			205,920
Convertible notes payable			$ 400,000
Proceeds from warrant exercise			3,030
Aggregate relative fair value			$ 341,864				$ 99,915		$ 99,915		$ 99,915
Warrant [Member] | Eight Accredited Investors [Member]
Number of shares issued				2,625,000
Share price (in dollars per share)				$ 1
Number of shares issued, value				$ 2,600,080
Exercise price (in dollars per share)				$ 0.01
Expiration period				4 years
Warrant [Member] | Accredited Investors [Member] | Securities Purchase Agreements [Member]
Number of shares in each unit											1	1
Exercise price (in dollars per share)											$ 0.01	$ 0.01
Expiration period											4 years	4 years
Warrant [Member] | Accredited Investors [Member] | Securities Purchase Agreements [Member] | Maximum [Member]
Exercise price (in dollars per share)							$ 0.01		$ 0.01
Warrant [Member] | Accredited Investors [Member] | Securities Purchase Agreements [Member] | Minimum [Member]
Exercise price (in dollars per share)							0.005		$ 0.005
Warrant [Member] | Trinad Capital [Member]
Number of shares issued								3,352,754
Share price (in dollars per share)								$ 0.005
Number of shares issued, value								$ 1,661,114
Exercise price (in dollars per share)								$ 0.005
Proceeds from warrant exercise								$ 16,764
Common Stock [Member]
Number of shares issued											150,000
Share price (in dollars per share)											$ 1
Number of shares issued, value											$ 150,000
Number of shares issued upon services									831,214		1,802,000	2,570,000
Number of shares issued upon services,value									$ 831		$ 1,802	$ 2,570
Common Stock [Member] | Subscription Agreement (Legal advisors) [Member]
Share price (in dollars per share)												$ 0.50
Number of shares issued upon services												954,988
Number of shares issued upon services,value												$ 477,494
Common Stock [Member] | Accredited Investors [Member] | Securities Purchase Agreements [Member]
Number of shares in each unit											1	1
Common Stock [Member] | Various Consultants & Advisory Board Members [Member]
Number of shares issued upon services											901,000	1,285,000
Number of shares issued upon services,value											$ 856,500	$ 960,000
Common Stock [Member] | Various Consultants & Advisory Board Members [Member] | Maximum [Member]
Share price (in dollars per share)											$ 1	$ 1
Common Stock [Member] | Various Consultants & Advisory Board Members [Member] | Minimum [Member]
Share price (in dollars per share)											$ 0.50	$ 0.50
Common Stock [Member] | Consultants [Member]
Number of shares issued upon services									831,214
Number of shares issued upon services,value									$ 1,031,252,000
Number of shares issued upon services to related party									100,000
Number of shares issued upon services to related party, value									$ 167,000
Common Stock [Member] | Consultants [Member] | Maximum [Member]
Share price (in dollars per share)							1.67		$ 1.67
Common Stock [Member] | Consultants [Member] | Minimum [Member]
Share price (in dollars per share)							$ 0.50		$ 0.50

Income Tax Provision (Details N

Income Tax Provision (Details Narrative) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Federal [Member]
Tax Credit Carryforward [Line Items]
Net operating loss carryforwards	$ 9,800,000	$ 8,600,000
State [Member]
Tax Credit Carryforward [Line Items]
Net operating loss carryforwards	$ 9,800,000	$ 8,600,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)

May 05, 2017USD ($)Officersshares

Jun. 10, 2016USD ($)$ / sharesshares

May 31, 2017USD ($)Officers$ / sharesshares

Apr. 30, 2017USD ($)Officers$ / sharesshares

Mar. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Apr. 30, 2017USD ($)$ / sharesshares

May 31, 2017USD ($)Officers$ / sharesshares

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Mar. 31, 2016USD ($)$ / sharesshares

Mar. 31, 2015USD ($)$ / sharesshares

Subsequent Event [Line Items]

Total gross proceeds from securities

$ 3,813,598

Payment of accquisition of promotional rights

350,000

Fair value of warrants

$ 320,423

Description of net revenues

The agreement provides for a revenue share of 50% of net revenues.

Net income

$ (4,540,910)

$ (314,390)

$ (9,143,122)

$ (2,960,686)

$ (3,746,944)

$ (5,609,675)

March 31, 2018 [Member]

Subsequent Event [Line Items]

Payments to guaranteed agreement

200,000

March 31, 2019 [Member]

Subsequent Event [Line Items]

Payments to guaranteed agreement

$ 150,000

Convertible Notes Payable [Member]

Subsequent Event [Line Items]

Convertible shares converted

$ 200,000

Value for convertible shares converted | shares

102,750

Trinad Capital [Member] | Senior Notes [Member]

Subsequent Event [Line Items]

Advance from related party

$ 95,100

Warrant [Member]

Subsequent Event [Line Items]

Number of shares issued | shares

581,250

2,950,000

Number of shares issued, value

$ 5,813

$ 29,500

Warrant exercise price (in dollars per share) | $ / shares

$ 0.01

$ 0.01

Warrant [Member] | Convertible Notes Payable [Member]

Subsequent Event [Line Items]

Number of shares issued | shares

200,000

Number of warrants purchase | shares

200,000

Warrant exercise price (in dollars per share) | $ / shares

$ 0.01

Accredited Investors [Member]

Subsequent Event [Line Items]

Total gross proceeds from securities

$ 1,250,000

$ 1,250,000

Number of shares issued | shares

250,000

Purchase price per share (in dollars per share) | $ / shares

$ 5

Accredited Investors [Member] | Warrant [Member]

Subsequent Event [Line Items]

Warrant term

3 years

Number of warrants purchase | shares

250,000

Warrant exercise price (in dollars per share) | $ / shares

$ 0.01

Subsequent Event [Member] | Third officer [Member]

Subsequent Event [Line Items]

Common stock granted shares | shares

400,000

400,000

Subsequent Event [Member] | Employment Agreements [Member] | First tranche [Member]

Subsequent Event [Line Items]

Shares vested | shares

200,000

200,000

Description Of Shares Vesting

Remaining number of shares vesting monthly thereafter, with 100% vesting over the 24-month term of the employment agreement.

Remaining number of shares vesting monthly thereafter, with 100% vesting over the 24-month term of the employment agreement.

Subsequent Event [Member] | Employment Agreements [Member] | officer [Member]

Subsequent Event [Line Items]

Officers annual salary

$ 120,000,000

$ 120,000

Officers annual salary term

2 years

2 years

Number of officers | Officers

3

3

Common stock granted value

$ 501,000

$ 501,000

Common stock granted shares | shares

300,000

300,000

Subsequent Event [Member] | Employment Agreements [Member] | Second officer [Member]

Subsequent Event [Line Items]

Number of shares issued, value

$ 66,800

$ 668,000

Officers annual salary term

2 years

2 years

Number of officers | Officers

3

3

Common stock granted value

$ 501,000,000

$ 501,000,000

Common stock granted shares | shares

300,000

300,000

Bonus received

$ 100,000

$ 100,000

$ 100,000

$ 100,000

Bonus received shares | shares

2,000,000

2,000,000

Net income

$ 4,000,000

$ 4,000,000

Subsequent Event [Member] | Employment Agreements [Member] | Third officer [Member]

Subsequent Event [Line Items]

Officers annual salary

$ 180,000

$ 180,000

Officers annual salary term

2 years

2 years

Number of officers | Officers

3

3

Common stock granted value

$ 501,000

$ 501,000

Common stock granted shares | shares

300,000

300,000

Subsequent Event [Member] | Management Agreement [Member]

Subsequent Event [Line Items]

Related party due services payable

$ 1,000,000

$ 1,000,000

$ 1,000,000

Debt term

3 years

3 years

Subsequent Event [Member] | 6% unsecured convertible note payables [Member]

Subsequent Event [Line Items]

Purchase price per share (in dollars per share) | $ / shares

$ 0.01

$ 0.01

Total cash principal

$ 2,180,000,000

$ 2,180,000,000

Description of notes due

These notes are due between January 2018 and September 2018.

Percentage of equity financing

75.00%

Subsequent Event [Member] | Trinad Capital [Member] | First Senior Notes [Member]

Subsequent Event [Line Items]

Total cash principal

3,581,077

$ 3,581,077

Subsequent Event [Member] | Trinad Capital [Member] | Second Senior Notes [Member]

Subsequent Event [Line Items]

Total cash principal

3,581,077

3,581,077

Subsequent Event [Member] | Subsidiary [Member] | Employment Agreements [Member]

Subsequent Event [Line Items]

Net income

$ 3,000,000

$ 3,000,000

Subsequent Event [Member] | Warrant [Member]

Subsequent Event [Line Items]

Total gross proceeds from securities

$ 31,805

Number of warrants purchase | shares

3,305,538

3,305,538

Subsequent Event [Member] | Warrant [Member] | 6% unsecured convertible note payables [Member]

Subsequent Event [Line Items]

Fair value of warrants

$ 2,613,379

Subsequent Event [Member] | Investor [Member]

Subsequent Event [Line Items]

Number of warrants purchase | shares

2,880,539

2,880,539

Subsequent Event [Member] | Consultants [Member]

Subsequent Event [Line Items]

Number of shares issued | shares

1,095,115

Number of shares issued, value

$ 1,828,842

Sale of share price | $ / shares

$ 1.67

$ 1.67

Subsequent Event [Member] | Institutional Investor [Member]

Subsequent Event [Line Items]

Total gross proceeds from securities

$ 5,000,000

Subsequent Event [Member] | Wantickets [Member]

Subsequent Event [Line Items]

Total consideration of common stock | shares

2,000,000

Subsequent Event [Member] | Wantickets [Member] | officer [Member]

Subsequent Event [Line Items]

Officers annual salary

$ 220,000

Officers annual salary term

2 years

Number of officers | Officers

2

Subsequent Event [Member] | Wantickets [Member] | Other officer [Member]

Subsequent Event [Line Items]

Officers annual salary

$ 160,000

Common stock granted shares | shares

15,000

Significant Accounting Polici35

Significant Accounting Policies and Practices (Policies)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Significant Accounting Policies and Practices [Abstract]
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates include those related to assumptions used in impairment testing of long term assets, accruals for potential liabilities and valuing equity instruments issued for services. Actual results could differ from those estimates.	Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates include those related to assumptions used in impairment testing of long term assets and equity investments, accruals for potential liabilities and valuing equity instruments issued for services. Actual results could differ from those estimates.
Principles of Consolidation	Principles of Consolidation The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other incorporation or Date of formation Attributable LiveXLive, Corp. Delaware February 24, 2015 100% KOKO (Camden) Holdings (US), Inc. Delaware March 17, 2014 100% KOKO (Camden) UK Limited England and Wales November 7, 2013 100% The Company’s consolidated financial statements include all accounts of the Company and its consolidated subsidiaries and/or entities as of reporting period ending date(s) and for the reporting period(s) then ended. All inter-Company balances and transactions have been eliminated.	Principles of Consolidation The Company’s consolidated subsidiaries and/or entities are as follows: Name of consolidated subsidiary or entity State or other incorporation or Date of (date of acquisition, Attributable LiveXLive, Corp. Delaware February 24, 2015 100% KOKO (Camden) Holdings (US), Inc. Delaware March 17, 2014 100% KOKO (Camden) UK Limited England and Wales November 7, 2013 100% The consolidated financial statements include all accounts of the Company and the consolidated subsidiaries and/or entities as of reporting period ending date(s) and for the reporting period(s) then ended. All inter-company balances and transactions have been eliminated.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of fair value hierarchy are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The carrying amounts of the Company’s financial assets and liabilities, including cash, prepaid expenses, accounts payable, accrued expenses, and other current liabilities, approximate their fair values because of the short maturity of these instruments.	Fair Value of Financial Instruments The Company follows the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of fair value hierarchy are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The carrying amounts of the Company’s financial assets and liabilities, including cash, accounts receivable, prepaid expenses, accounts payable, income tax payable, accrued expenses, and other current liabilities, approximate their fair values because of the short maturity of these instruments. As of March 31, 2016 and 2015, we determined the value of our investment in unconsolidated subsidiary to be $4,889,515 and $4,478,962, respectively.
Cash Equivalents		Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.
Investment in Unconsolidated Subsidiary Under the Equity Method	Investment in Unconsolidated Subsidiary Under the Equity Method The Company accounts for investments in which the Company owns more than 20% of the investee using the equity method in accordance with ASC Topic 323, Investments — Equity Method and Joint Ventures. Under the equity method, an investor initially records an investment in the investee at cost, and adjusts the carrying amount of the investment to recognize the investor’s share of the earnings or losses of the investee after the date of acquisition. The amount of the adjustment is included in the determination of net income by the investor, and such amount reflects adjustments similar to those made in preparing consolidated statements including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between investor cost and underlying equity in net assets of the investee at the date of investment. The investment of an investor is also adjusted to reflect the investor’s share of changes in the investee’s capital. Dividends received from an investee reduce the carrying amount of the investment. A series of operating losses of an investee or other factors may indicate that a decrease in value of the investment has occurred which is other than temporary and which should be recognized even though the decrease in value is in excess of what would otherwise be recognized by application of the equity method.	Investment in Unconsolidated Subsidiary Under the Equity Method The Company accounts for investments in which the Company owns more than 20% of the investee, using the equity method in accordance with ASC Topic 323, Investments — Equity Method and Joint Ventures. Under the equity method, an investor initially records an investment in the stock of an investee at cost, and adjusts the carrying amount of the investment to recognize the investor’s share of the earnings or losses of the investee after the date of acquisition. The amount of the adjustment is included in the determination of net income by the investor, and such amount reflects adjustments similar to those made in preparing consolidated statements including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between investor cost and underlying equity in net assets of the investee at the date of investment. The investment of an investor is also adjusted to reflect the investor’s share of changes in the investee’s capital. Dividends received from an investee reduce the carrying amount of the investment. A series of operating losses of an investee or other factors may indicate that a decrease in value of the investment has occurred which is other than temporary and which should be recognized even though the decrease in value is in excess of what would otherwise be recognized by application of the equity method.
Property and Equipment		Property and Equipment Property and equipment is recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after taking into account their respective estimated residual values) over the estimated useful lives of the respective assets as follows: Estimated Useful Furniture and fixtures 5 Production and entertainment equipment 10 Upon sale or retirement, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in the statements of operations.
Carrying Value, Recoverability and Impairment of Long-Lived Assets		Carrying Value, Recoverability and Impairment of Long-Lived Assets An impairment loss will be recognized only if the carrying amount of a long-lived asset (asset group) is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset (asset group) is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset (asset group). That assessment is based on the carrying amount of the asset (asset group) at the date it is tested for recoverability. An impairment loss is measured as the amount by which the carrying amount of a long-lived asset (asset group) exceeds its fair value. If an impairment loss is recognized, the adjusted carrying amount of a long-lived asset will be its new cost basis. For a depreciable long-lived asset, the new cost basis will be depreciated (amortized) over the remaining useful life of that asset. Restoring a previously recognized impairment loss is prohibited. The Company’s long-lived asset (asset group) is tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The Company tests its long-lived assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events.
Concentrations of Credit Risk		Concentrations of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist of cash and cash equivalents. The Company places its cash with high quality financial institutions and at times may exceed the FDIC $250,000 insurance limit. The Company does not anticipate incurring any losses related to these credit risks. The Company extends credit based on an evaluation of the customer’s financial condition, generally without collateral. Exposure to losses on receivables is principally dependent on each customer’s financial condition. The Company monitors its exposure for credit losses and intends to maintain allowances for anticipated losses, as required.
Stock-Based Compensation	Stock-Based Compensation The Company periodically issues stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by FASB where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. The Company accounts for stock option and warrant grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock compensation is based upon the measurement date as determined at either a) the date at which a performance commitment is reached, or b) at the date at which the necessary performance to earn the equity instruments is complete. Options granted to non-employees are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting. In certain circumstances where there are no future performance requirements by the non-employee, option grants are immediately vested and the total stock-based compensation charge is recorded in the period of the measurement date. The fair value of the Company’s stock option and warrant grants are estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or warrants, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model, and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods.	Stock-Based Compensation The Company periodically issues stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by FASB where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. The Company accounts for stock option and warrant grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock compensation is based upon the measurement date as determined at either a) the date at which a performance commitment is reached, or b) at the date at which the necessary performance to earn the equity instruments is complete. Options granted to non-employees are revalued each reporting period to determine the amount to be recorded as an expense in the respective period. As the options vest, they are valued on each vesting date and an adjustment is recorded for the difference between the value already recorded and the then current value on the date of vesting. In certain circumstances where there are no future performance requirements by the non-employee, option grants are immediately vested and the total stock-based compensation charge is recorded in the period of the measurement date. The fair value of the Company’s stock option and warrant grants are estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or warrants, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model, and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods.
Income taxes	Income taxes The Company follows the asset and liability method which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Operations in the period that includes the enactment date. The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. The Company’s tax years 2011 to 2014 remain subject to examination by major tax jurisdictions. Pursuant to the Internal Revenue Code Section 382 (“Section 382”), certain ownership changes may subject the net operating losses’ (the “NOLs”) to annual limitations which could reduce or defer the NOL. Section 382 imposes limitations on a corporation’s ability to utilize NOLs if it experiences an “ownership change.” In general terms, an ownership change may result from transactions increasing the ownership of certain stockholders in the stock of a corporation by more than 50 percentage points over a three-year period. In the event of an ownership change, utilization of the NOLs would be subject to an annual limitation under Section 382 determined by multiplying the value of its stock at the time of the ownership change by the applicable long-term tax-exempt rate. Any unused annual limitation may be carried over to later years. The imposition of this limitation on its ability to use the NOLs to offset future taxable income could cause the Company to pay U.S. federal income taxes earlier than if such limitation were not in effect and could cause such NOLs to expire unused, reducing or eliminating the benefit of such NOLs.	Deferred Tax Assets and Income Tax Provision The Company follows the asset and liability method which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Operations in the period that includes the enactment date. The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying consolidated balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its consolidated balance sheets and provides valuation allowances as management deems necessary. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. The Company’s tax years 2011 to 2014 remain subject to examination by major tax jurisdictions. Pursuant to the Internal Revenue Code Section 382 (“Section 382”), certain ownership changes may subject the NOL’s to annual limitations which could reduce or defer the NOL. Section 382 imposes limitations on a corporation’s ability to utilize NOLs if it experiences an “ownership change.” In general terms, an ownership change may result from transactions increasing the ownership of certain stockholders in the stock of a corporation by more than 50 percentage
Loss Per Share	Loss Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution, using the treasury stock method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted loss per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At December 31, 2016 and 2015, the Company had 275,000 and 1,275,000 warrants outstanding, respectively, which were excluded from the loss per share calculation, as they were anti-dilutive.	Earnings Per Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution, using the treasury stock method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted loss per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At March 31, 2016 and 2015 the Company had 3,600,000 and 3,600,000 warrants outstanding, respectively, which were excluded from the loss per share calculation as they were anti-dilutive.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 is a comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted only in annual reporting periods beginning after December 15, 2016, including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU 2014-09 on the Company’s financial statements and disclosures. In August, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of ASU 2016-02 on the Company’s financial statements and disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the SEC did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statement presentation or disclosures.	Recently Issued Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. ASU 2014-09 is a comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted only in annual reporting periods beginning after December 15, 2016, including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU 2014-09 on the Company’s financial statements and disclosures. In August, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of ASU 2016-02 on the Company’s financial statements and disclosures. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statement presentation or disclosures.

Significant Accounting Polici36

Significant Accounting Policies and Practices (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Significant Accounting Policies and Practices [Abstract]
Schedule of consolidated subsidiaries and/or entities	Name of consolidated subsidiary or entity State or other incorporation or Date of formation Attributable LiveXLive, Corp. Delaware February 24, 2015 100% KOKO (Camden) Holdings (US), Inc. Delaware March 17, 2014 100% KOKO (Camden) UK Limited England and Wales November 7, 2013 100%	Name of consolidated subsidiary or entity State or other incorporation or Date of (date of acquisition, Attributable LiveXLive, Corp. Delaware February 24, 2015 100% KOKO (Camden) Holdings (US), Inc. Delaware March 17, 2014 100% KOKO (Camden) UK Limited England and Wales November 7, 2013 100%
Schedule of estimated useful lives of property and equipment		Estimated Useful Furniture and fixtures 5 Production and entertainment equipment 10

Restatement of Prior Period F37

Restatement of Prior Period Financial Statements (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Restatement of Prior Period Financial Statements [Abstract]
Schedule of previously issued of consolidated balance sheets		Loton, Corp Originally Filed, March 31, 2015 Effective of deconsolidation of OCHL Equity Treatment, Investment in OCHL As Restated, March 31, 2015 Notes ASSETS Current Assets Cash $ 866,951 $ (830,830 ) $ — $ 36,121 (1) Accounts receivable 67,876 (67,876 ) — — (1) Inventories 161,977 (161,977 ) — — (1) Prepayments and other current assets 460,226 (459,416 ) — 810 (1) Deferred taxes 36,345 (36,345 ) — — (1) Total Current Assets 1,593,375 (1,556,444 ) — 36,931 Property and Equipment, net 950,208 (939,316 ) — 10,892 Intangible Assets, net 9,551 (9,551 ) — — Investment in OCHL — — 4,478,962 4,478,962 (2) Note receivable – OCHL — — 494,750 494,750 (2) Total Assets $ 2,553,134 $ (2,505,311 ) $ 4,973,712 $ 5,021,535 LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable $ 843,667 $ (478,977 ) $ — $ 364,690 (1) Deferred rent, current portion 80,700 (80,700 ) — — (1) Income taxes payable 241,813 (241,813 ) — — (1) Management service obligation – related party 1,000,000 — — 1,000,000 Note payable — 246,086 — 246,086 (1) Notes payable – related parties 1,701,124 (876,124 ) — 825,000 (1) VAT tax payable and payroll liabilities 202,024 (202,024 ) — — (1) Advances from related parties 127,467 (26,122 ) — 101,345 (1) Accrued expenses and other current liabilities 601,324 (520,221 ) — 81,103 (1) Total Current Liabilities 4,798,119 (2,179,895 ) — 2,618,224 NON-CURRENT LIABILITIES Note payable 242,498 (242,498 ) — — (1) Deferred rent 1,049,114 (1,049,114 ) — — (1) Total Non-Current Liabilities 1,291,612 (1,291,612 ) — — Total Liabilities 6,089,731 (3,471,507 ) — 2,618,224 EQUITY Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding — — — — Common stock, par value $0.001: 500,000,000 shares authorized; 86,551,644 and 58,000,000 shares issued and outstanding, respectively 86,552 1,718 — 88,270 (2) Additional paid-in capital 2,396,812 10,017,456 — 12,414,268 Retained earnings (accumulated deficit) (5,272,900 ) (9,800,039 ) 4,973,712 (10,099,227 ) (2) Accumulated other comprehensive income (loss): — — — Foreign currency translation loss (25,932 ) 25,932 — — (1) Total Loton Corp. Stockholders’ Equity (Deficit) (2,814,609 ) 244,208 4,973,712 2,403,311 NON-CONTROLLING INTEREST Non-controlling interest – capital stock 1 (1 ) — — (1) Non-controlling interest – Retained earnings (accumulated deficit) (696,058 ) 696,058 — — (1) Accumulated other comprehensive income (loss): — — (1) Foreign currency translation loss (25,931 ) 25,931 — — (1) Total Non-Controlling Interest (721,988 ) 721,988 — — Total Equity (Deficit) (3,536,597 ) 966,196 4,973,712 2,403,311 Total Liabilities and Equity $ 2,553,134 $ (2,505,311 ) $ 4,973,712 $ 5,021,535 Notes: (1) (2)
Schedule of previously issued of consolidated statements of operations	Loton, Corp Originally Filed, Three months ended December 31, 2015 Effect of Deconsolidation of OCHL Pro Forma After Deconsolidation, December 31, 2015 Equity Treatment, Investment in OCHL As Restated, Three months ended December 31, 2015 (unaudited) Notes Revenues $ 2,185,959 $ (2,185,959 ) $ — $ — $ — (1) Cost of Revenue 280,110 (280,110 ) — — — (1) Gross Margin 1,905,849 (1,905,849 ) — — — Operating Expenses Selling, general and 2,242,064 (1,878,761 ) 363,303 — 363,303 (1) Related party expenses 120,331 (30,331 ) 90,000 — 90,000 (1) Total operating expenses 2,362,395 (1,909,092 ) 453,303 — 453,303 Income (loss) from operations (456,546 ) 3,243 (453,303 ) — (453,303 ) Other income (expense) Interest income (expense), net (28,874 ) (20,391 ) (49,265 ) — (49,265 ) (1) Earnings from investment — — — 188,178 188,178 (2) Other (income) expense, net (28,874 ) (20,391 ) (49,265 ) 188,178 138,913 Net income (loss) before (485,420 ) (17,148 ) (502,568 ) 188,178 (314,390 ) Income tax provision 82,544 (82,544 ) — — — (1) Net income (loss) before non-controlling interest (567,964 ) 65,396 (502,568 ) 188,178 (314,390 ) Net income (loss) attributable to non-controlling interest 190,497 (190,497 ) — — — (1) Net income (loss) attributable to Loton Corp stockholders (758,461 ) 255,893 (502,568 ) 188,178 (314,390 ) Other comprehensive income (loss) attributable to Loton Corp stockholders (2,319 ) 2,319 — — — Comprehensive income (loss) $ (760,780 ) $ 258,212 $ (502,568 ) $ 188,178 $ (314,390 ) Earnings Per Share: – basic and diluted $ (0.01 ) $ (0.01 ) $ (0.00 ) Weighted average common shares outstanding: – basic and diluted 91,846,946 91,846,946 91,846,946 Notes: (1) (2) Loton, Corp Originally Filed, Nine months ended December 31, 2015 Effect of Deconsolidation of OCHL Pro Forma After Deconsolidation, December 31, 2015 Equity Treatment, Investment in OCHL As Restated, Nine months ended December 31, 2015 (unaudited) Notes Revenues $ 5,322,665 $ (5,322,665 ) $ — $ — $ — (1) Cost of Revenue 734,179 (734,179 ) — — — (1) Gross Margin 4,588,486 (4,588,486 ) — — — Operating Expenses Selling, general and 7,073,377 (4,181,431 ) 2,891,946 — 2,891,946 (1) Related party expenses 362,578 (92,578 ) 270,000 — 270,000 (1) Total operating expenses 7,435,955 (4,274,009 ) 3,161,946 — 3,161,946 Income (loss) from operations (2,847,469 ) (314,477 ) (3,161,946 ) — (3,161,946 ) Other income (expense) Interest income (expense), net (120,965 ) 54,135 (66,830 ) — (66,830 ) (1) Earnings from investment — — — 268,090 268,090 (2) Other income (expense), net (120,965 ) 54,135 (66,830 ) 268,090 201,260 — Net income (loss) before (2,968,434 ) (260,342 ) (3,228,776 ) 268,090 (2,960,686 ) Income tax provision 180,353 (180,353 ) — — — (1) Net income (loss) before non-controlling interest (3,148,787 ) (79,989 ) (3,228,776 ) 268,090 (2,960,686 ) Net income (loss) attributable to non-controlling interest 266,786 (266,786 ) — — — (1) Net income (loss) attributable to Loton Corp stockholders (3,415,573 ) 186,797 (3,228,776 ) 268,090 (2,960,686 ) Other comprehensive income (loss) attributable to Loton Corp stockholders 1,304 (1,304 ) — — — — Comprehensive income (loss) $ (3,414,269 ) $ 185,493 $ (3,228,776 ) $ 268,090 $ (2,960,686 ) Earnings Per Share: – basic and diluted $ (0.04 ) $ (0.04 ) $ (0.03 ) Weighted average common shares outstanding: – basic and diluted 90,597,462 90,597,462 90,597,462 Notes: (1) (2)	Loton, Corp Originally Filed, March 31, 2015 Effective of deconsolidation of OCHL Pro forma after deconsolidation, March 31, 2015 Equity Treatment, Investment in OCHL As Restated, March 31, 2015 Notes Revenues $ 7,436,877 $ (7,436,877 ) $ — $ — $ — (1) Cost of Revenue 1,101,267 (1,101,267 ) — — — (2) Gross Margin 6,335,610 (6,335,610 ) — — — Operating Expenses Selling, general and administrative 7,886,823 (5,170,942 ) 2,715,881 — 2,715,881 (1) Related party expenses 609,183 (82,523 ) 526,660 — 526,660 (1) Total operating expenses 8,496,006 (5,253,465 ) (3,242,541 ) — (3,242,541 ) Income (loss) from operations (2,160,396 ) (1,082,145 ) (3,242,541 ) — (3,242,541 ) Other (income) expense Compensation expense, investors 2,600,080 — 2,600,080 — 2,600,080 Interest (income) expense, net 131,707 (85,691 ) 46,016 — 46,016 (1) Earnings from investment — — $ — (278,962 ) (278,962 ) (2) Other (income) expense, net 2,731,787 (85,691 ) 2,646,096 (278,962 ) 2,367,134 Net income (loss) before income taxes (4,892,183 ) (996,454 ) $ (5,888,637 ) 278,962 (5,609,675 ) Income tax provision 261,784 261,784 — — — (1) Net income (loss) before non-controlling (5,153,967 ) (734,670 ) (5,888,637 ) (278,962 ) (5,609,675 ) Net income (loss) attributable to non-controlling interest 278,959 (278,959 ) — — — (1) Net income (loss) attributable to Loton Corp. stockholders (5,432,926 ) (455,711 ) (5,888,637 ) (278,962 ) (5,609,675 ) Other comprehensive income (loss) FX translation gain (loss) (8,226 ) 8,226 — — — (1) FX translation gain (loss) attributable to non-controlling interest (4,113 ) 4,113 — — — (1) Other comprehensive income (loss) attributable to Loton Corp stockholders (4,113 ) 4,113 — — — Comprehensive income (loss) $ (5,437,039 ) $ (451,598 ) $ (5,888,637 ) $ (278,962 ) $ (5,609,675 ) Earnings Per Share: – basic and diluted $ (0.07 ) $ (0.07 ) $ (0.07 ) Weighted average common shares outstanding: – basic and diluted 79,904,572 79,904,572 Notes: (1) (2)
Schedule of previously issued of consolidated statements of cash flows	Loton, Corp Originally Effect of (1) Equity (2) As Restated, Cash Flows from Operating Activities: Net loss $ (3,148,787 ) $ 188,101 $ — $ (2,960,686 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 105,141 (102,354 ) — 2,787 Common stock issued for services 998,125 (30,312 ) — 967,813 Warrants issued for compensation — — — — Equity in earnings of OCHL — — (268,090 ) (268,090 ) Changes in operating assets and liabilities: (Increase)/Decrease in current assets 159,719 (191,469 ) — (31,750 ) (Increase)/Decrease in prepaid expenses 134,472 (133,662 ) — 810 (Increase)/Decrease in note receivable – related party 152,415 (152,415 ) — — Decrease/(Increase) in current liabilities, net 38,373 332,350 — 370,723 Net cash used in operating activities (1,560,542 ) (89,761 ) (268,090 ) (1,918,393 ) Cash Flows from Investing Activities: Purchases of fixed assets (61,396 ) 61,396 — — Net cash used in investing activities (61,396 ) 61,396 — — Cash Flows from Financing Activities: Advances from (repayments to) related parties (28,026 ) — — (28,026 ) Proceeds from notes payable, related party 1,924,000 — — 1,924,000 Proceeds from warrant exercise 6,813 — — 6,813 Proceeds from issuance of common stock 612,500 — — 612,500 Repayment of note payable, related party (439,500 ) — — (439,500 ) Net cash provided by financing activities 2,075,787 — — 2,075,787 Effect of exchange rate changes on cash (6,246 ) 6,246 — — Net Increase/(Decrease) in cash 447,603 (22,119 ) (268,090 ) 157,394 Cash, beginning of period 866,950 (830,829 ) — 36,121 Cash, end of period $ 1,314,553 $ (852,948 ) $ (268,090 ) $ 193,515 Notes: (1) (2)	Loton, Corp Originally Filed, March 31, 2015 Effective of deconsolidation of OCHL Equity Treatment, Investment in OCHL As Restated, March 31, 2015 Notes Cash Flows from Operating Activities (as Restated) Net loss $ (5,153,967 ) $ (455,708 ) $ — $ (5,609,675 ) (1) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 173,785 (170,737 ) — 3,048 (1) Common stock issued for services 934,795 36,666 — 971,461 (1) Warrants issued for compensation 2,600,080 — — 2,600,080 (1) Equity in earnings of OCHL — — (278,962 ) (278,962 ) Changes in operating assets and liabilities: (Increase)/Decrease in current (40,789 ) 40,789 — — (1) (Increase)/Decrease in prepaids 300,115 (35,047 ) — 265,068 (1) (Increase)/Decrease in note receivable – related party 38,757 62,588 — 101,345 (1) Services payable – related party 138,882 27,778 166,660 (1) Decrease/(Increase) in current liabilities, net 828,551 4,670 — 833,221 (1) Net cash used in operating activities (179,791 ) (489,001 ) (278,962 ) (947,754 ) Cash Flows from Investing Activities: Purchases of fixed assets (70,250 ) 64,928 — (5,322 ) (1) Note receivable, related party 85,608 (580,358 ) — (494,750 ) (1) Net cash used in investing 15,358 (515,430 ) — (500,072 ) Cash Flows from Financing Activities Proceeds from notes payable, related party 445,185 179,815 — 625,000 (1) Repayment of note payable (500,000 ) 200,000 — (300,000 ) (1) Proceeds from issuance of common stock 854,500 — — 854,500 Dividends paid (407,707 ) 407,707 — — (1) Net cash provided by financing activities 391,978 787,522 — 1,179,500 Effect of exchange rate changes on cash (91,802 ) (91,802 ) — — (1) Net Increase/(Decrease) in cash 135,743 (216,909 ) (278,962 ) (268,326 ) Cash, beginning of period 731,208 304,446 (1) Cash, end of period $ 867,951 $ 36,120 Notes: (1) (2)

Equity Investments in OCHL (Tab

Equity Investments in OCHL (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Equity Investments in OCHL [Abstract]
Schedule of changes in investments in and advances to equity method investments	Balance March 31, 2016 $ 4,889,515 50% share of net income 132,832 Balance November 24, 2016 $ 5,022,347	Balance March 31, 2014 Initial Investment $ 4,200,000 50% share of net income (loss) 278,962 Balance March 31, 2015 4,478,962 50% share of net income 410,553 Balance March 31, 2016 $ 4,889,515
Schedule of carrying amounts of the major classes of assets and liabilities		March 31, March 31, Assets Current assets: Cash and cash equivalents $ 386,009 $ 830,831 Accounts receivable 24,743 67,876 Inventory 62,548 161,977 Prepaid expenses and other current assets 533,128 495,761 Total current assets 1,006,429 1,556,444 Other assets: Property and equipment, net of accumulated depreciation 867,975 948,867 Total assets $ 1,874,205 $ 2,505,311 Liabilities Current liabilities: Accounts payable $ 514,488 $ 695,340 Taxes payable 410,504 241,813 Notes payable, current 207,978 1,404,465 Other accrued liabilities 460,290 592,148 Total current liabilities 1,593,210 2,933,767 Deferred rent – noncurrent 937,459 1,049,144 Total Liabilities 2,530,669 3,982,911 Shareholders deficit (656,464 ) (1,477,670 ) Total liabilities and shareholders’ deficit $ 1,874,205 $ 2,505,311
Schedule of revenue and expenses	Three Months Three Months Nine Months Nine Months Revenue $ 1,109,427 $ 2,185,959 $ 3,921,204 $ 5,322,665 Cost of revenue 154,107 280,110 546,480 734,179 Gross profit 955,320 1,905,849 3,374,724 4,588,486 Operating expenses: Selling, general and administrative 754,219 1,442,311 2,893,306 3,809,723 Depreciation and amortization 17,576 — 74,828 — Total operating expenses 771,795 1,442,311 2,968,134 3,809,723 Income from operations before other expenses 183,525 463,538 406,590 778,763 Other expenses: Interest — — 28,002 64,838 Income before provision for taxes 183,525 463,538 378,588 713,925 Taxes 45,200 82,544 112,924 180,353 Net Incomes $ 138,325 $ 380,994 $ 265,664 $ 533,572	Years Ended 2016 2015 Revenue $ 6,754,707 $ 7,436,877 Cost of revenue 920,667 1,101,267 Gross profit 5,834,040 6,335,611 Operating expenses: Selling, general and administrative 4,613,058 5,262,813 Depreciation and amortization 133,106 160,142 Total operating expenses 4,746,164 5,422,955 Income from operations before other expenses 1,087,875 912,656 Other expenses: Interest 45,997 92,949 Income before provision for taxes 1,041,879 819,707 Taxes 220,773 261,784 Net Incomes $ 821,105 $ 557,923

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Property and Equipment [Abstract]
Schedule of property plant and equipment	December 31, March 31, Production equipment $ 51,304 $ 51,304 Computer equipment 42,078 23,125 Total property and equipment 93,382 74,429 Accumulated depreciation (29,903 ) (11,860 ) Property and equipment, net $ 63,479 $ 62,569	Years Ended 2016 2015 Production equipment $ 51,304 $ — Computer equipment 23,125 16,416 Total property and equipment 74,429 16,416 Accumulated depreciation (11,860 ) (5,524 ) Property and equipment, net $ 62,569 $ 10,892

Related Party Notes Payable (Ta

Related Party Notes Payable (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Related Party Notes Payable [Abstract]
Schedule of outstanding notes payable	December 31, March 31, First Senior Note $ 1,000,000 $ 1,000,000 Second Senior Note 2,154,100 1,784,000 Total $ 3,154,100 $ 2,784,000	As of March 31, 2016 2015 First Senior Note $ 1,000,000 $ 825,000 Second Senior Note 1,784,000 — Total $ 2,784,000 $ 825,000

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Schedule of warrant activities	Number of Weighted Weighted Balance outstanding, March 31, 2016 3,600,000 $ 0.050 4.16 Granted 4,233,674 0.005 3.16 Exercised (7,558,674 ) 0.026 3.51 Forfeited/expired — — — Balance outstanding, December 31, 2016 275,000 $ 0.005 2.47 Exercisable, December 31, 2016 275,000 $ 0.005 2.47	Number of Weighted Weighted Balance outstanding, March 31, 2014 2,250,000 $ 0.075 8.49 Granted 7,250,000 0.005 3.92 Exercised (5,900,000) 0.005 3.92 Forfeited/expired — — — Balance outstanding, March 31, 2015 3,600,000 $ 0.045 3.21 Granted 1,162,500 0.005 2.31 Exercised (1,162,500) 0.005 4.24 Forfeited/expired — — — Balance outstanding, March 31, 2016 3,600,000 $ 0.05 4.16 Exercisable, March 31, 2016 3,600,000 $ 0.10 4.16

Income Tax Provision (Tables)

Income Tax Provision (Tables)	12 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of components of the Company's deferred income tax assets	2016 2015 Net operating loss carryforward $ (4,217,871 ) $ (2,925,548 ) Stock based compensation 2,154 1,036 Fair value of warrants 884,027 — Total deferred tax assets (3,331,690 ) (2,924,511 ) Valuation allowance 3,331,690 2,924,511 Net deferred tax asset $ — $ —
Schedule of reconciliation of the effective income tax rate	2016 2015 U.S federal statutory income tax -34.00 % -34.00 % State tax, net of federal tax benefit -5.80 % -5.80 % Change in valuation allowance 39.80 % 39.80 % Effective tax rate 0.00 % 0.00 %

Unsecured Convertible Notes P43

Unsecured Convertible Notes Payable (Tables)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Long-term Debt, Unclassified [Abstract]
Schedule of unsecured convertible notes payable	December 31, March 31, (A) 8% Unsecured Convertible Notes – Due on January 19, 2018 $ — $ 200,000 (B) 6% Unsecured Convertible Notes – Due on September 30, 2018 — — (C) 6% Unsecured Convertible Notes – Due on September 13, 2018 152,663 — (D) 6% Unsecured Convertible Notes – Due on September 30, 2018 503,205 — Less accumulated amortization of Valuation Discount (294,752 ) (89,727 ) Net $ 361,116 $ 110,273	8% Unsecured Convertible Notes $ 200,000 Less accumulated amortization of Valuation Discount (89,727 ) Net $ 110,273

Significant Accounting Polici44

Significant Accounting Policies and Practices (Details)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
LiveXLive, Corp [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	LiveXLive, Corp.	LiveXLive, Corp.
State or other jurisdiction of incorporation or organization	Delaware	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Feb. 24, 2015	Feb. 24, 2015
Attributable interest	100.00%	100.00%
KOKO Camden Holdings US, Inc. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	KOKO (Camden) Holdings (US), Inc.	KoKo (Camden) Holdings (US), Inc.
State or other jurisdiction of incorporation or organization	Delaware	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Mar. 17, 2014	Mar. 17, 2014
Attributable interest	100.00%	100.00%
Koko Camden Uk Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	KOKO (Camden) UK Limited	KOKO (Camden) UK Limited
State or other jurisdiction of incorporation or organization	England and Wales	England and Wales
Date of incorporation or formation (date of acquisition, if applicable)	Nov. 7, 2013	Nov. 7, 2013
Attributable interest	100.00%	100.00%

Significant Accounting Polici45

Significant Accounting Policies and Practices (Details 1)	12 Months Ended
	Mar. 31, 2016
Furniture And Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	5 years
Production And Entertainment Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in years)	10 years

Restatement of Prior Period F46

Restatement of Prior Period Financial Statements (Details) - USD ($)		Dec. 31, 2016	Mar. 31, 2016		Dec. 31, 2015	Mar. 31, 2015	Mar. 31, 2014
Current Assets
Cash and cash equivalents		$ 2,098,488	$ 36,898		$ 193,515	$ 36,121	$ 304,446
Prepayments and other current assets		12,940	15,995			810
Total Current Assets		2,111,428	52,893			36,931
Property and Equipment, net		63,479	62,569			10,892
Investment in OCHL			4,889,515			4,478,962
Note receivable - OCHL			213,331			494,750
Total Assets		2,174,907	5,218,308			5,021,535
CURRENT LIABILITIES
Accounts payable		677,521	481,412			364,690
Management service obligation - related party		1,000,000	1,000,000			1,000,000
Note payable		273,172	262,042			246,086
Notes payable - related parties		3,154,100	2,784,000			825,000
Advances from related parties		124,500	117,124			101,345
Accrued expenses and other current liabilities		398,096	232,733			81,103
Total Current Liabilities		5,627,389	4,877,311			2,618,224
NON-CURRENT LIABILITIES
Total Liabilities		5,988,505	4,987,584			2,618,224
EQUITY
Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding
Common stock, par value $0.001: 75,000,000 shares authorized; 43,275,822 and 29,000,000 shares issued and outstanding, respectively		100,941	91,997			88,270
Additional paid-in capital		19,074,754	13,984,898			12,414,268
Retained earnings (accumulated deficit)		(22,989,293)	(13,846,171)			(10,099,227)
Stockholders' equity (deficit)		(3,813,598)	230,724			2,403,311	$ (1,090,549)
NON-CONTROLLING INTEREST
Total Liabilities and Equity		$ 2,174,907	5,218,308			5,021,535
Originally Filed [Member]
Current Assets
Cash and cash equivalents			866,951	[1]	1,314,553	731,208
Accounts receivable	[1]					67,876
Inventories	[1]					161,977
Prepayments and other current assets	[1]					460,226
Deferred taxes	[1]					36,345
Total Current Assets						1,593,375
Property and Equipment, net						950,208
Intangible Assets, net						9,551
Investment in OCHL	[2]
Note receivable - OCHL	[2]
Total Assets						2,553,134
CURRENT LIABILITIES
Accounts payable	[1]					843,667
Deferred rent, current portion	[1]					80,700
Income taxes payable	[1]					241,813
Management service obligation - related party						1,000,000
Note payable	[1]
Notes payable - related parties	[1]					1,701,124
VAT tax payable and payroll liabilities	[1]					202,024
Advances from related parties	[1]					127,467
Accrued expenses and other current liabilities	[1]					601,324
Total Current Liabilities						4,798,119
NON-CURRENT LIABILITIES
Note payable	[2]					242,498
Deferred rent	[2]					1,049,114
Total Non-Current Liabilities						1,291,612
Total Liabilities						6,089,731
EQUITY
Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding
Common stock, par value $0.001: 75,000,000 shares authorized; 43,275,822 and 29,000,000 shares issued and outstanding, respectively	[2]					43,276
Additional paid-in capital						2,440,947
Retained earnings (accumulated deficit)	[2]					(5,272,900)
Foreign currency translation loss	[2]					(25,932)
Stockholders' equity (deficit)			(2,814,609)			(2,814,609)
NON-CONTROLLING INTEREST
Non-controlling interest - capital stock	[1]					1
Non-controlling interest - Retained earnings (accumulated deficit)	[1]					(696,058)
Foreign currency translation loss	[1]					(25,931)
Total Non-Controlling Interest						(721,988)
Total Equity (Deficit)						(3,536,597)
Total Liabilities and Equity						2,553,134
Effective Of Deconsolidation Of OCHL[Member]
Current Assets
Cash and cash equivalents			(830,830)	[1]	(852,948)	(830,829)
Accounts receivable	[1]		(67,876)
Inventories	[1]		(161,977)
Prepayments and other current assets	[1]		(459,416)
Deferred taxes	[1]		(36,345)
Total Current Assets			(1,556,444)
Property and Equipment, net			(939,316)
Intangible Assets, net			(9,551)
Investment in OCHL	[2]
Note receivable - OCHL	[2]
Total Assets			(2,505,311)
CURRENT LIABILITIES
Accounts payable	[1]		(478,977)
Deferred rent, current portion	[1]		(80,700)
Income taxes payable	[1]		(241,813)
Management service obligation - related party
Note payable	[1]		246,086
Notes payable - related parties	[1]		(876,124)
VAT tax payable and payroll liabilities	[1]		(202,024)
Advances from related parties	[1]		(26,122)
Accrued expenses and other current liabilities	[1]		(520,221)
Total Current Liabilities			(2,179,895)
NON-CURRENT LIABILITIES
Note payable	[2]		(242,498)
Deferred rent	[2]		(1,049,114)
Total Non-Current Liabilities			(1,291,612)
Total Liabilities			(3,471,507)
EQUITY
Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding
Common stock, par value $0.001: 75,000,000 shares authorized; 43,275,822 and 29,000,000 shares issued and outstanding, respectively	[2]		859
Additional paid-in capital			10,017,456
Retained earnings (accumulated deficit)	[2]		(9,800,039)
Accumulated other comprehensive income (loss):
Foreign currency translation loss	[2]		25,932
Stockholders' equity (deficit)			244,208
NON-CONTROLLING INTEREST
Non-controlling interest - capital stock	[1]		(1)
Non-controlling interest - Retained earnings (accumulated deficit)	[1]		696,058
Accumulated other comprehensive income (loss):	[1]
Foreign currency translation loss	[1]		25,931
Total Non-Controlling Interest			721,988
Total Equity (Deficit)			966,196
Total Liabilities and Equity			(2,505,311)
Equity Treatment, Invesment in OCHL [Member]
Current Assets
Cash and cash equivalents				[1]	(268,090)
Accounts receivable	[1]
Inventories	[1]
Prepayments and other current assets	[1]
Deferred taxes	[1]
Total Current Assets
Property and Equipment, net
Intangible Assets, net
Investment in OCHL	[2]		4,478,962
Note receivable - OCHL	[2]		494,750
Total Assets			4,973,712
CURRENT LIABILITIES
Accounts payable	[1]
Deferred rent, current portion	[1]
Income taxes payable	[1]
Management service obligation - related party
Note payable	[1]
Notes payable - related parties	[1]
VAT tax payable and payroll liabilities	[1]
Advances from related parties	[1]
Accrued expenses and other current liabilities	[1]
Total Current Liabilities
NON-CURRENT LIABILITIES
Note payable	[2]
Deferred rent	[2]
Total Non-Current Liabilities
Total Liabilities
EQUITY
Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding
Common stock, par value $0.001: 75,000,000 shares authorized; 43,275,822 and 29,000,000 shares issued and outstanding, respectively	[2]
Additional paid-in capital
Retained earnings (accumulated deficit)	[2]		4,973,712
Accumulated other comprehensive income (loss):
Foreign currency translation loss	[2]
Stockholders' equity (deficit)			4,973,712
NON-CONTROLLING INTEREST
Non-controlling interest - capital stock	[1]
Non-controlling interest - Retained earnings (accumulated deficit)	[1]
Accumulated other comprehensive income (loss):	[1]
Foreign currency translation loss	[1]
Total Non-Controlling Interest
Total Equity (Deficit)			4,973,712
Total Liabilities and Equity			4,973,712
As Restated [Member]
Current Assets
Cash and cash equivalents			36,120	[1]	$ 193,515	304,446
Accounts receivable	[1]
Inventories	[1]
Prepayments and other current assets	[1]					810
Deferred taxes	[1]
Total Current Assets						36,931
Property and Equipment, net						10,892
Intangible Assets, net
Investment in OCHL	[2]					4,478,962
Note receivable - OCHL	[2]					494,750
Total Assets						5,021,535
CURRENT LIABILITIES
Accounts payable	[1]					364,690
Deferred rent, current portion	[1]
Income taxes payable	[1]
Management service obligation - related party						1,000,000
Note payable	[1]					246,086
Notes payable - related parties						825,000
VAT tax payable and payroll liabilities	[1]
Advances from related parties	[1]					101,345
Accrued expenses and other current liabilities	[1]					81,103
Total Current Liabilities						2,618,224
NON-CURRENT LIABILITIES
Note payable	[2]
Deferred rent	[2]
Total Non-Current Liabilities
Total Liabilities						2,618,224
EQUITY
Preferred stock, par value $0.001: 1,000,000 shares authorized; none issued or outstanding
Common stock, par value $0.001: 75,000,000 shares authorized; 43,275,822 and 29,000,000 shares issued and outstanding, respectively	[2]					44,135
Additional paid-in capital						12,458,403
Retained earnings (accumulated deficit)	[2]					(10,099,227)
Accumulated other comprehensive income (loss):
Foreign currency translation loss	[2]
Stockholders' equity (deficit)			$ 2,403,311			2,403,311
NON-CONTROLLING INTEREST
Non-controlling interest - capital stock	[1]
Non-controlling interest - Retained earnings (accumulated deficit)	[1]
Foreign currency translation loss	[1]
Total Non-Controlling Interest
Total Equity (Deficit)						2,403,311
Total Liabilities and Equity						$ 5,021,535
[1]	To remove balances of previously consolidated investment.
[2]	To reflect investment in KoKo under equity method.

Restatement of Prior Period F47

Restatement of Prior Period Financial Statements (Details 1) - USD ($)		3 Months Ended			9 Months Ended			12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015		Dec. 31, 2016	Dec. 31, 2015		Mar. 31, 2016		Mar. 31, 2015
Revenues					$ 225,000
Operating Expenses
Selling, general and administrative		1,259,297	363,303		3,786,840	2,891,946		3,619,000		2,715,881
Related party expenses		90,000	90,000		270,000	270,000		360,000		526,660
Total operating expenses		1,349,297	453,303		4,056,840	3,161,946		3,979,000		3,242,541
Income (loss) from operations		(1,349,297)	(453,303)		(3,831,840)	(3,161,946)		(3,979,000)		(3,242,541)
Other (income) expense
Compensation expense, investors										2,600,080
Interest (income) expense, net		(257,372)	(49,265)		(437,733)	(66,830)		(178,498)		(46,016)
Earnings from investment		69,163	188,178		132,832	268,090		410,553		278,962
Other (income) expense, net		(3,191,613)	138,913		(5,311,282)	201,260		232,055		(2,367,134)
Net income (loss) attributable to Loton Corp. stockholders		$ (4,540,910)	$ (314,390)		$ (9,143,122)	$ (2,960,686)		$ (3,746,944)		$ (5,609,675)
Earnings Per Share:
- basic and diluted (in dollars per share)		$ (0.05)	$ 0		$ (0.10)	$ (0.03)		$ (0.04)		$ (0.7)
Weighted average common shares outstanding:
- basic and diluted (in shares)		100,456,780	91,846,946		96,087,426	90,597,462		90,082,796		75,272,994
Originally Filed [Member]
Revenues	[1]		$ 2,185,959			$ 5,322,665				$ 7,436,877
Cost of Revenue			280,110	[1]		734,179	[1]			1,101,267
Gross Margin			1,905,849			4,588,486				6,335,610	[2]
Operating Expenses
Selling, general and administrative	[1]		2,242,064			7,073,377				7,886,823
Related party expenses	[1]		120,331			362,578				609,183
Total operating expenses			2,362,395			7,435,955				8,496,006
Income (loss) from operations			(456,546)			(2,847,469)				(2,160,396)
Other (income) expense
Interest (income) expense, net			(28,874,000)	[1]		(120,965)	[1]			131,707
Earnings from investment				[1]			[2]				[2]
Other (income) expense, net			(28,874)			(120,965)				2,731,787
Net income (loss) before income taxes			(485,420)			(2,968,434)				(4,892,183)
Income tax provision	[1]		82,544			180,353				261,784
Net income (loss) before non-controlling interest			(567,964)			(3,148,787)				(5,153,967)	[1]
Net income (loss) attributable to non-controlling interest	[1]		190,497			266,786				278,959
Net income (loss) attributable to Loton Corp. stockholders			(758,461)			(3,415,573)				(5,432,926)
Other comprehensive income (loss)
FX translation gain (loss)	[1]									(8,226)
FX translation gain (loss) attributable to non-controlling interest	[1]									(4,113)
Other comprehensive income (loss) attributable to Loton Corp stockholders			(2,319)			1,304				(4,113)
Comprehensive income (loss)			$ (760,780)			$ (3,414,269)				$ (5,437,039)
Earnings Per Share:
- basic and diluted (in dollars per share)			$ (0.01)			$ (0.04)				$ (0.07)
Weighted average common shares outstanding:
- basic and diluted (in shares)			91,846,946			90,597,462				79,904,572
Effective Of Deconsolidation Of OCHL[Member]
Revenues			$ (2,185,959)	[1]		$ (5,322,665)	[1]	$ (7,436,877)	[2]
Cost of Revenue			(280,110)	[1]		734,179	[1]	(1,101,267)
Gross Margin			(1,905,849)			(4,588,486)		(6,335,610)	[2]
Operating Expenses
Selling, general and administrative	[1]		(1,878,761)			(4,181,431)		(5,170,942)
Related party expenses	[1]		(30,331)			(92,578)		(82,523)
Total operating expenses			(1,909,092)			(4,274,009)		(5,253,465)
Income (loss) from operations			3,243			314,477		(1,082,145)
Other (income) expense
Compensation expense, investors
Interest (income) expense, net			(20,391,000)	[1]		54,135	[1]	(85,691)
Earnings from investment				[1]			[2]		[2]
Other (income) expense, net			(20,391)			54,135		(85,691)
Net income (loss) before income taxes			(17,148)			(260,342)		(996,454)
Income tax provision	[1]		(82,544)			(180,353)		261,784
Net income (loss) before non-controlling interest			65,396			(79,989)		(734,670)	[1]
Net income (loss) attributable to non-controlling interest	[1]		(190,497)			(266,786)		(278,959)
Net income (loss) attributable to Loton Corp. stockholders			255,893			186,797		(455,711)
Other comprehensive income (loss)
FX translation gain (loss)	[1]							8,226
FX translation gain (loss) attributable to non-controlling interest	[1]							4,113
Other comprehensive income (loss) attributable to Loton Corp stockholders			2,319			(1,304)		4,113
Comprehensive income (loss)			258,212			185,493		(451,598)
Pro Forma After Deconsolidation [Member]
Revenues	[1]
Cost of Revenue				[1]			[1]
Gross Margin											[2]
Operating Expenses
Selling, general and administrative	[1]		363,303			2,891,946				2,715,881
Related party expenses	[1]		90,000			270,000				526,660
Total operating expenses			453,303			3,161,946				(3,242,541)
Income (loss) from operations			(453,303)			(3,161,946)				(3,242,541)
Other (income) expense
Compensation expense, investors										2,600,080
Interest (income) expense, net			(49,265)	[1]		(66,830)	[1]			46,016
Earnings from investment				[1]			[2]				[2]
Other (income) expense, net			(49,265)			(66,830)				2,646,096
Net income (loss) before income taxes			(502,568)							(5,888,637)
Income tax provision	[1]
Net income (loss) before non-controlling interest			(502,568)			(3,228,776)				(5,888,637)
Net income (loss) attributable to non-controlling interest	[1]
Net income (loss) attributable to Loton Corp. stockholders			(502,568)			(3,228,776)				(5,888,637)
Other comprehensive income (loss)
FX translation gain (loss)	[1]
FX translation gain (loss) attributable to non-controlling interest	[1]
Other comprehensive income (loss) attributable to Loton Corp stockholders
Comprehensive income (loss)			$ (502,568)			$ (3,228,776,000)				$ (5,888,637)
Earnings Per Share:
- basic and diluted (in dollars per share)			$ (0.01)			$ (0.04)				$ (0.07)
Weighted average common shares outstanding:
- basic and diluted (in shares)			91,846,946			90,597,462
Equity Treatment, Invesment in OCHL [Member]
Revenues	[1]
Cost of Revenue				[1]			[1]
Gross Margin									[2]
Operating Expenses
Selling, general and administrative	[1]
Related party expenses	[1]
Total operating expenses
Income (loss) from operations
Other (income) expense
Compensation expense, investors
Interest (income) expense, net				[1]			[1]
Earnings from investment			188,178	[1]		268,090	[2]	(278,962)	[2]
Other (income) expense, net			188,178			268,090		(278,962)
Net income (loss) before income taxes			188,178			268,090		278,962
Income tax provision	[1]
Net income (loss) before non-controlling interest			188,178			268,090		(278,962)	[1]
Net income (loss) attributable to non-controlling interest	[1]
Net income (loss) attributable to Loton Corp. stockholders			188,178			268,090
Other comprehensive income (loss)
FX translation gain (loss)	[1]
FX translation gain (loss) attributable to non-controlling interest	[1]
Other comprehensive income (loss) attributable to Loton Corp stockholders
Comprehensive income (loss)			188,178,000			268,090		(278,962)
As Restated [Member]
Revenues									[1]
Cost of Revenue				[1]			[1]
Gross Margin									[2]
Operating Expenses
Selling, general and administrative	[1]		363,303			2,891,946		2,715,881
Related party expenses	[1]		90,000			270,000		526,660
Total operating expenses			453,303			3,161,946		(3,242,541)
Income (loss) from operations			(453,303)			(3,161,946)		(3,245,541)
Other (income) expense
Compensation expense, investors								2,600,080
Interest (income) expense, net			(49,265)	[1]		(66,830)	[1]	46,016
Earnings from investment			188,178	[1]		268,090	[2]	(278,962)	[2]
Other (income) expense, net			138,913			201,260		2,367,134
Net income (loss) before income taxes			(314,390)			(2,960,686)		(5,809,675)
Income tax provision	[1]
Net income (loss) before non-controlling interest			(314,390)			(2,960,686)		(5,609,675)	[1]
Net income (loss) attributable to non-controlling interest	[1]
Net income (loss) attributable to Loton Corp. stockholders			(314,390)			(2,960,686)		(5,809,675)
Other comprehensive income (loss)
FX translation gain (loss)	[1]
FX translation gain (loss) attributable to non-controlling interest	[1]
Other comprehensive income (loss) attributable to Loton Corp stockholders
Comprehensive income (loss)			$ (314,390)			$ (2,960,686)		$ (5,809,675)
Earnings Per Share:
- basic and diluted (in dollars per share)			$ 0			$ (0.03)		$ (0.15)
Weighted average common shares outstanding:
- basic and diluted (in shares)			91,846,946			90,597,462
[1]	To remove balances of previously consolidated investment.
[2]	To reflect investment in KoKo under equity method.

Restatement of Prior Period F48

Restatement of Prior Period Financial Statements (Details 2) - USD ($)		3 Months Ended				9 Months Ended				12 Months Ended
		Dec. 31, 2016	Dec. 01, 2016	Dec. 31, 2015		Dec. 31, 2016		Dec. 31, 2015		Mar. 31, 2016		Mar. 31, 2015
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization			$ 6,072	$ 984		$ 18,043		$ 2,787		$ 6,336		$ 3,048
Common stock issued for services						1,031,252		967,813		856,500		971,461
Warrants issued for compensation												2,600,080
Equity in earnings of affiliate		$ (69,163)		(188,178)		(132,832)		(268,090)		(410,553)		(278,962)
Changes in operating assets and liabilities:
Increase (Decrease) in Other Current Assets								31,750
(Increase)/Decrease in prepaid expenses						3,055		810		(15,185)		265,068
Increase Decrease In Service Payable Related Parties												166,660
Net cash used in operating activities						(2,580,500)		(1,918,393)		(2,999,941)		(947,754)
Cash Flows from Investing Activities:
Purchases of fixed assets						(18,953)				(58,013)		(5,322)
Note receivable, related party										(281,418)		494,750
Net cash used in investing activities						2,163,321				(223,406)		(500,072)
Cash Flows from Financing Activities
Advances from (repayments to) related parties						(450,000)		(439,500)				(300,000)
Proceeds from notes payable, related party						820,100		1,924,000		1,959,000		625,000
Proceeds from Warrant Exercises						26,293		6,813
Proceeds from issuance of common stock						1,375,000		612,500		618,314		854,500
Net cash provided by financing activities						2,478,769		2,075,787		2,777,314		1,179,500
Net Increase/(Decrease) in cash						2,061,590		157,394		777		(268,326)
Cash, beginning of period						36,898		36,121		36,121		304,446
Cash, end of period		$ 2,098,488		193,515		2,098,488		193,515		36,898		36,121
Originally Filed [Member]
Cash Flows from Operating Activities:
Net loss				(567,964)				(3,148,787)				(5,153,967)	[1]
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization								105,141,000				173,785	[1]
Common stock issued for services								998,125,000				934,795	[1]
Warrants issued for compensation												2,600,080	[1]
Equity in earnings of affiliate					[1]				[2]				[2]
Changes in operating assets and liabilities:
Increase (Decrease) in Other Current Assets								159,719				(40,789)	[1]
(Increase)/Decrease in prepaid expenses								134,472				300,115	[1]
(Increase)/Decrease in note receivable - related party								152,415				38,757	[1]
Increase Decrease In Service Payable Related Parties	[1]											138,882
Decrease/(Increase) in current liabilities, net								38,373				828,551	[1]
Net cash used in operating activities								(1,560,542)				(179,791)
Cash Flows from Investing Activities:
Purchases of fixed assets								(61,396)				(70,250)	[1]
Note receivable, related party	[1]											85,608
Net cash used in investing activities								61,396				15,358
Cash Flows from Financing Activities
Advances from (repayments to) related parties								(28,026)				(500,000)	[1]
Proceeds from notes payable, related party								1,924,000				445,185	[1]
Proceeds from Warrant Exercises								6,813
Proceeds from issuance of common stock								612,500				854,500
Repayment of note payable, related party								(439,500)
Net cash provided by financing activities								2,075,787				391,978
Dividends paid	[1]											(407,707)
Effect of exchange rate changes on cash								(6,246)				(91,802)
Net Increase/(Decrease) in cash								447,603				135,743
Cash, beginning of period						866,951	[1]	731,208		731,208
Cash, end of period				1,314,553				1,314,553		866,951	[1]	731,208
Effective Of Deconsolidation Of OCHL[Member]
Cash Flows from Operating Activities:
Net loss				65,396				(79,989)		(734,670)	[1]
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization								(102,354)		(170,737)	[1]
Common stock issued for services								(30,312)		36,666	[1]
Warrants issued for compensation											[1]
Equity in earnings of affiliate					[1]				[2]		[2]
Changes in operating assets and liabilities:
Increase (Decrease) in Other Current Assets								(191,469)		40,789	[1]
(Increase)/Decrease in prepaid expenses								(133,662)		(35,047)	[1]
(Increase)/Decrease in note receivable - related party								(152,415)		62,588	[1]
Increase Decrease In Service Payable Related Parties	[1]									27,778
Decrease/(Increase) in current liabilities, net								332,350		4,670	[1]
Net cash used in operating activities								(89,761)		(489,001)
Cash Flows from Investing Activities:
Purchases of fixed assets								61,396		64,928	[1]
Note receivable, related party	[1]									(580,358)
Net cash used in investing activities								61,396		(515,430)
Cash Flows from Financing Activities
Advances from (repayments to) related parties										200,000	[1]
Proceeds from notes payable, related party										179,815	[1]
Proceeds from Warrant Exercises
Proceeds from issuance of common stock
Repayment of note payable, related party
Net cash provided by financing activities										787,522
Dividends paid	[1]									407,707
Effect of exchange rate changes on cash								(6,246)		(91,802)
Net Increase/(Decrease) in cash								(22,119)		(216,909)
Cash, beginning of period						(830,830)	[1]	(830,829)		(830,829)
Cash, end of period				(852,948)				(852,948)		(830,830)	[1]	(830,829)
Equity Treatment, Invesment in OCHL [Member]
Cash Flows from Operating Activities:
Net loss				188,178				268,090		(278,962)	[1]
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization											[1]
Common stock issued for services											[1]
Warrants issued for compensation											[1]
Equity in earnings of affiliate				(188,178)	[1]			(268,090)	[2]	278,962	[2]
Changes in operating assets and liabilities:
Increase (Decrease) in Other Current Assets											[1]
(Increase)/Decrease in prepaid expenses											[1]
(Increase)/Decrease in note receivable - related party											[1]
Decrease/(Increase) in current liabilities, net											[1]
Net cash used in operating activities										(278,962)
Cash Flows from Investing Activities:
Purchases of fixed assets											[1]
Note receivable, related party	[1]
Net cash used in investing activities
Cash Flows from Financing Activities
Advances from (repayments to) related parties											[1]
Proceeds from notes payable, related party											[1]
Proceeds from Warrant Exercises
Proceeds from issuance of common stock
Repayment of note payable, related party
Net cash provided by financing activities
Dividends paid	[1]
Effect of exchange rate changes on cash
Net Increase/(Decrease) in cash								(268,090)		(278,962)
Cash, beginning of period	[1]
Cash, end of period				(268,090)				(268,090)			[1]
As Restated [Member]
Cash Flows from Operating Activities:
Net loss				(314,390)				(2,960,686)		(5,609,675)	[1]
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization								2,787		3,048	[1]
Common stock issued for services								967,813		971,461	[1]
Warrants issued for compensation										2,600,080	[1]
Equity in earnings of affiliate				(188,178)	[1]			(268,090)	[2]	278,962	[2]
Changes in operating assets and liabilities:
Increase (Decrease) in Other Current Assets								(31,750)			[1]
(Increase)/Decrease in prepaid expenses								810,000		265,068	[1]
(Increase)/Decrease in note receivable - related party										101,345	[1]
Increase Decrease In Service Payable Related Parties	[1]									166,660
Decrease/(Increase) in current liabilities, net								370,723		833,221	[1]
Net cash used in operating activities								(1,918,393)		(947,754)
Cash Flows from Investing Activities:
Purchases of fixed assets										(5,322)	[1]
Note receivable, related party	[1]									(494,750)
Net cash used in investing activities										(500,072)
Cash Flows from Financing Activities
Advances from (repayments to) related parties								(28,026)		(300,000)	[1]
Proceeds from notes payable, related party								1,924,000		625,000	[1]
Proceeds from Warrant Exercises								6,813
Proceeds from issuance of common stock								612,500		854,500
Repayment of note payable, related party								(439,500)
Net cash provided by financing activities								2,075,787		1,179,500
Dividends paid	[1]
Effect of exchange rate changes on cash
Net Increase/(Decrease) in cash								157,394,000		(268,326)
Cash, beginning of period						$ 36,120	[1]	304,446		304,446
Cash, end of period				$ 193,515				$ 193,515		$ 36,120	[1]	$ 304,446
[1]	To remove balances of previously consolidated investment.
[2]	To reflect investment in KoKo under equity method.

Equity Investments in OCHL (D49

Equity Investments in OCHL (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Equity Investments in OCHL [Abstract]
Initial Investment at beggining	$ 4,889,515	$ 4,478,962	$ 4,200,000
50% share of net income	132,832	410,553	278,962
Initial Investment at ending	$ 5,022,347	$ 4,889,515	$ 4,478,962

Equity Investments in OCHL (D50

Equity Investments in OCHL (Details 1) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Current assets:
Cash and cash equivalents	$ 386,009	$ 830,831
Accounts receivable	24,743	67,876
Inventory	62,548	161,977
Prepaid expenses and other current assets	533,128	495,761
Total current assets	1,006,429	1,556,444
Other assets:
Property and equipment, net of accumulated depreciation	867,975	948,867
Total assets	1,874,205	2,505,311
Current liabilities:
Accounts payable	514,488	695,340
Taxes payable	410,504	241,813
Notes payable, current	207,978	1,404,465
Other accrued liabilities	460,290	592,148
Total current liabilities	1,593,210	2,933,767
Deferred rent - noncurrent	937,459	1,049,144
Total Liabilities	2,530,669	3,982,911
Shareholders deficit	(654,464)	(1,477,670)
Total liabilities and shareholders' deficit	$ 1,874,205	$ 2,505,311

Equity Investments in OCHL (D51

Equity Investments in OCHL (Details 2) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Mar. 31, 2015
Equity Investments in OCHL [Abstract]
Revenue	$ 1,109,427	$ 2,185,959	$ 3,921,204	$ 5,322,665	$ 6,754,707	$ 7,436,877
Cost of revenue	154,107	280,110	546,480	734,179	920,667	1,101,267
Gross profit	955,320	1,905,849	3,374,724	4,588,486	5,834,040	6,335,611
Operating expenses:
Selling, general and administrative	754,219	1,442,311	2,893,306	3,809,723	4,613,058	5,262,813
Depreciation and amortization	17,576		74,828		133,106	160,142
Total operating expenses	771,795	1,442,311	2,968,134	3,809,723	4,746,164	5,422,955
Income from operations before other expenses	183,525	463,538	406,590	778,763	1,087,875	912,656
Other expenses:
Interest			28,002	64,838	45,997	92,949
Income before provision for taxes	183,525	463,538	378,588	713,925	1,041,879	819,707
Taxes	45,200	82,544	112,924	180,353	220,773	261,784
Net Incomes	$ 138,325	$ 380,994	$ 265,664	$ 533,572	$ 821,105	$ 557,923

Property and Equipment (Detai52

Property and Equipment (Details) - USD ($)	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 93,382	$ 74,429
Accumulated depreciation	(29,903)	(11,860)
Property and equipment, net	63,479	62,569	$ 10,892
As Restated [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment			16,416
Accumulated depreciation			(5,524)
Property and equipment, net			10,892
Production Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	51,304,000	51,304
Production Equipment [Member] | As Restated [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 42,078	$ 23,125
Computer Equipment [Member] | As Restated [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment			$ 16,416

Related Party Notes Payable (53

Related Party Notes Payable (Details) - USD ($)	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Notes payable - related parties	$ 3,154,100	$ 2,784,000	$ 825,000
As Restated [Member]
Notes payable - related parties			825,000
First Senior Promissory Note [Member] | Trinad Capital [Member]
Notes payable - related parties	1,000,000	1,000,000
First Senior Promissory Note [Member] | Trinad Capital [Member] | As Restated [Member]
Notes payable - related parties			825,000
Second Senior Promissory Note [Member] | Trinad Capital [Member]
Notes payable - related parties	$ 2,154,100	$ 1,784,000
Second Senior Promissory Note [Member] | Trinad Capital [Member] | As Restated [Member]
Notes payable - related parties

Unsecured Convertible Notes P54

Unsecured Convertible Notes Payable (Details) - USD ($)	Dec. 31, 2016	Jun. 06, 2016	Mar. 31, 2016
Debt Instrument [Line Items]
Less accumulated amortization of Valuation Discount	$ (294,752)		$ (89,727)
Net	361,116		110,273
8% Unsecured Convertible Notes Payable Due on January 19, 2018 [Member]
Debt Instrument [Line Items]
Principal notes payable		$ 200,000	200,000
Less accumulated amortization of Valuation Discount			(89,727)
Net			110,273
6% Unsecured Convertible Notes Payable Due on September 30, 2018 [Member]
Debt Instrument [Line Items]
Principal notes payable
6% Unsecured Convertible Notes Payable Due on September 13, 2018 [Member]
Debt Instrument [Line Items]
Principal notes payable			152,663
Less accumulated amortization of Valuation Discount	79,746
6% Unsecured Convertible Notes Payable Due on September 30, 2018 [Member]
Debt Instrument [Line Items]
Principal notes payable			$ 503,205

Stockholders' Equity (Details)

Stockholders' Equity (Details) - Warrant [Member] - $ / shares	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016	Mar. 31, 2015
Number of Warrants
Balance outstanding, begining	3,600,000	1,800,000	1,125,000
Granted	4,233,674	581,250	3,625,000
Exercised	(7,558,674)	(581,250)	(2,950,000)
Forfeited/expired
Balance outstanding, ending	275,000	3,600,000	1,800,000
Exercisable, ending	275,000	1,800,000
Weighted Average Exercise Price
Balance outstanding, begining	$ 0.050	$ 0.09	$ 0.15
Granted	0.050	0.01	0.01
Exercised	0.026	0.01	0.01
Forfeited/expired
Balance outstanding, ending	0.005	0.050	$ 0.09
Exercisable, ending	$ 0.005	$ 0.1
Weighted Average Remaining Contractual Term
Balance outstanding, begining	4 years 1 month 28 days	3 years 2 months 15 days	8 years 5 months 26 days
Granted	3 years 1 month 28 days	2 years 3 months 21 days	3 years 11 months 1 day
Exercised	3 years 6 months 4 days	4 years 2 months 26 days	3 years 11 months 1 day
Balance outstanding, ending	2 years 5 months 19 days	4 years 1 month 27 days	3 years 2 months 15 days
Exercisable, ending	2 years 5 months 19 days	4 years 1 month 27 days

Income Tax Provision (Details)

Income Tax Provision (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ (4,217,871)	$ (2,925,548)
Stock based compensation	2,154	1,036
Fair value of warrants	884,027
Total deferred tax assets	(3,331,690)	(2,924,511)
Valuation allowance	3,331,690	2,924,511
Net deferred tax asset

Income Tax Provision (Details 1

Income Tax Provision (Details 1)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
U.S federal statutory income tax	(0.34%)	(0.34%)
State tax, net of federal tax benefit	(0.058%)	(0.058%)
Change in valuation allowance	0.398%	0.398%
Effective tax rate	0.00%	0.00%