LiveOne (LVO) 10-Q14 Aug 172017 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Jun. 30, 2017	Aug. 11, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	LiveXLive Media, Inc.
Entity Central Index Key	1,491,419
Trading Symbol	LIVX
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,017
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		107,948,639

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Current Assets
Cash and cash equivalents	$ 1,514,513	$ 1,477,229
Accounts receivable	6,298
Prepaid expense to related party	90,000
Prepaid expense and other assets	108,390	21,569
Total Current Assets	1,719,201	1,498,798
Other Assets
Fixed assets, net	149,636	57,407
Intangible assets	1,798,700
Goodwill	1,321,300
Deferred offering costs	239,993
Other assets	15,000
Total Assets	5,243,830	1,556,205
Current Liabilities
Accounts payable and accrued liabilities	858,632	542,035
Note payable	281,429	277,270
Due to producers	205,096
Convertible note payable, shareholder	3,657,015	3,603,446
Unsecured convertible notes - related party, net of discount	4,771
Unsecured convertible notes, net of discount	685,214	67,858
Services payable, related party		239,080
Total Current Liabilities	5,692,157	4,729,689
Unsecured convertible notes - related party, net of discount and current maturities	19,107	11,668
Unsecured convertible notes, net of discount and current maturities	330,043	220,540
Total Liabilities	6,041,307	4,961,897
Stockholders' Deficit
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.001 par value; 500,000,000 shares authorized; 107,948,639 and 103,996,974 shares issued and outstanding, respectively	107,949	103,997
Additional paid in capital	30,005,624	24,586,201
Accumulated deficit	(30,911,050)	(28,095,890)
Total stockholders' deficit	(797,477)	(3,405,692)
Total Liabilities and Stockholders' Deficit	$ 5,243,830	$ 1,556,205

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Mar. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued
Preferred stock, outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	500,000,000	500,000,000
Common stock, issued	107,948,639	103,996,974
Common stock, outstanding	107,948,639	103,996,974

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenue	$ 276,243
Cost of revenue	78,869
Gross Margin	197,374
Operating expenses
Selling, general and administrative	2,287,585	1,084,886
Related party expenses	90,000	90,000
Total operating expenses	2,377,585	1,174,886
Loss from operations	(2,180,211)	(1,174,886)
Other income (expense)
Interest expense, net	(634,949)	(712,268)
Earnings from investment in OCHL		83,184
Total other income (expense)	(634,949)	(629,084)
Net loss	$ (2,815,160)	$ (1,803,970)
Net loss per share - basic and diluted	$ (0.03)	$ (0.02)
Weighted average common shares - basic and diluted	106,584,364	92,596,918

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Stockholders' Equity Deficit (Unaudited) - 3 months ended Jun. 30, 2017 - USD ($)	Total	Common stock [Member]	Additional Paid in Capital [Member]	Accumulated Deficit [Member]
Balance at beginning at Mar. 31, 2017	$ (3,405,692)	$ 103,997	$ 24,586,201	$ (28,095,890)
Balance at beginning (in shares) at Mar. 31, 2017		103,996,974
Fair value of shares issued for services to consultants	382,705	$ 229	382,476
Fair value of shares issued for services to consultants, Shares		229,165
Fair value of shares issued for services to employees	107,292	$ 700	106,592
Fair value of shares issued for services to employees, Shares		700,000
Shares issued upon exercise of warrants	10,226	$ 1,023	9,203
Shares issued upon exercise of warrants, Shares		1,022,500
Shares issued for Wantickets acquisition	3,340,000	$ 2,000	3,338,000
Shares issued for Wantickets acquisition, Shares		2,000,000
Fair value of warrants and beneficial conversion features recorded as valuation discount	1,583,152		1,583,152
Net loss	(2,815,160)			(2,815,160)
Balance at ending at Jun. 30, 2017	$ (797,477)	$ 107,949	$ 30,005,624	$ (30,911,050)
Balance at ending (in shares) at Jun. 30, 2017		107,948,639

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows from Operating Activities:
Net loss	$ (2,815,160)	$ (1,803,970)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	127,771	5,900
Common stock issued for services to consultants	382,705	181,125
Common stock issued for services to employees	107,292
Amortization of debt discount	536,315	344,196
Fair value for beneficial conversion feature		51,480
Fair value of warrants and beneficial conversion features on debt conversion		256,411
Equity in earnings of OCHL		(83,184)
Changes in operating assets and liabilities:
(Increase)/Decrease in accounts receivable	(6,298)
(Increase)/Decrease in prepaid expenses	(86,821)	(74,005)
(Increase)/Decrease in prepaid expenses - related party	(90,000)
(Increase)/Decrease in other current assets		(6,382)
(Decrease)/Increase in services payable- related party	(239,080)
(Decrease)/Increase in accrued interest	98,634	(50,782)
(Decrease)/Increase in amount due to producers	205,096
(Decrease)/Increase in accounts payable and accrued liabilities	316,597	(41,127)
Net cash used in operating activities	(1,462,949)	(1,220,338)
Cash Flows from Investing Activities:
Purchases of fixed assets		(18,953)
Increase in other asset	(15,000)
Net cash used in investing activities	(15,000)	(18,953)
Cash Flows from Financing Activities:
Proceeds from notes payable, related party		445,100
Repayment of note payable, related party		(350,000)
Proceeds from convertible notes	1,695,000
Proceeds from convertible notes, related party	50,000
Deferred offering costs	(239,993)
Proceeds from warrant exercise	10,226	1,030
Proceeds from issuance of common stock		1,250,000
Repayment of loans, related party		(67,124)
Net cash provided by financing activities	1,515,233	1,279,006
Net Increase/(Decrease) in cash	37,284	39,715
Cash, beginning of period	1,477,229	36,898
Cash, end of period	1,514,513	76,613
Supplemental disclosure of cash flow information:
Cash paid for income taxes
Cash paid for interest
Supplemental disclosure of non-cash investing and financing activities:
Fair value for warrants and beneficial conversion features issued as valuation discount	1,583,152
Fair value of warrants issued for note extension		1,661,114
Common stock issued upon conversion of note payable		205,918
Fixed assets	109,000
Intangible assets	1,909,700
Goodwill	$ 1,321,300

Organization, Operations and Ba

Organization, Operations and Basis of Presentation	3 Months Ended
Organization, Operations and Basis of Presentation	Jun. 30, 2017
Organization, Operations and Basis of Presentation [Abstract]
Organization, Operations and Basis of Presentation	Note 1 – Organization, Operations and Basis of Presentation Business and Operations LiveXLive Media, Inc. (formerly Loton, Corp) was originally incorporated under the laws of the State of Nevada on December 28, 2009 and reincorporated in the State of Delaware on August 2, 2017, pursuant to a reincorporation merger of Loton, Corp with and into LiveXLive Media, Inc., a Delaware corporation and Loton, Corp’s wholly owned subsidiary. Loton, Corp. ceased to exist as a separate entity, with LiveXLive Media, Inc. being the surviving entity. As part of the reincorporation, Loton, Corp changed its name to LiveXLive Media, Inc. (the Company). LiveXLive, Corp. (“LiveXLive”), the Company’s wholly owned subsidiary, was incorporated under the laws of the State of Delaware on February 24, 2015. The Company is one of the world's only premium internet networks devoted to live music and music-related video content. Since LiveXLive's launch in 2015, it has been building an online destination for music fans to enjoy premium live performances from music venues and leading music festivals around the world, such as Rock in Rio, Hangout Music Festival and Outside Lands Music and Arts Festival, as well as premium original content, artist exclusives and industry interviews. The LiveXLive platform has featured performances and content from some of the most popular artists in various music genres, including Rihanna, Katy Perry, Radiohead, Metallica, Duran Duran, Chance The Rapper, Bruce Springsteen, Major Lazer and Maroon 5. 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, 2017 was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K filed with the SEC on June 14, 2017 (the “2017 Annual Report”). These condensed consolidated financial statements should be read in conjunction with the audited financial statements for the year ended March 31, 2017 and notes thereto included in the 2017 Annual Report. The results of operations for the three months ended June 30, 2017 are not necessarily indicative of the results to be expected for the entire fiscal year or for any other period. Forward Stock Split In September 2016, the Company’s Board of Directors (the “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 pre-share amounts have been restated as of the earlier periods presented to reflect the stock split. Going Concern The Company’s condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in its condensed consolidated financial statements, the Company had a stockholders’ deficit of $797,477 at June 30, 2017, incurred a net loss of $2,815,160, and utilized net cash of $1,462,949 in operating activities for the period then ended. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date that the financial statements are issued. In addition, the Company’s independent public accounting firm in its audit report to the financial statements included in our 2017 Annual Report expressed substantial doubt about the Company’s ability to continue as a going concern. The Company’s condensed 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 business strategy and on its ability to raise additional funds and/or to consummate a contemplated underwritten public offering of the Company’s common stock pursuant to the Registration Statement on Form S-1, Amendment No. 1, filed with the Securities and Exchange Commission on June 14, 2017 (the “Public Offering”). Management is currently seeking additional funds, primarily through the issuance of equity and/or debt securities for cash to operate the Company’s business, including as part of the Public Offering. The proceeds of the Public Offering will allow the Company to continue its operations without a going concern qualification, however, the Company can give no assurances that the Public Offering will be completed. Furthermore, no assurance can be given that any other 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 its stockholders, in case of equity and/or convertible debt financing.

Significant Accounting Policies

Significant Accounting Policies and Practices	3 Months Ended
Significant Accounting Policies and Practices	Jun. 30, 2017
Significant Accounting Policies and Practices [Abstract]
Significant Accounting Policies and Practices	Note 2 - Significant Accounting Policies and Practices Revenue Recognition Policy The Company has several streams of revenue, each of which is required under GAAP to be recognized in varying ways. The following is a summary of our revenue recognition policies: Ticketing The Company recognizes commissions and related transaction fees earned from the sale of event and concert tickets at the time the tickets are paid for by and delivered to the customers. The Company’s commissions and transaction fees are charged on a per-ticket basis and generally non-refundable. Claims for ticket refunds are charged back to the respective event and concert owners and producers and in certain cases, the corresponding commissions and related transaction fees are recorded as a reduction to the Company’s revenues at the time that such refunds are processed. The Company does not have accounts receivable associated with its sales transactions, as payment is collected at the time of sale. As amounts are collected for the tickets sold a liability is created (Due to producer) which represents the portion of the amount collected at the time of sale that is due to the venue. The Company recognizes revenues from use of the Company’s ticketing platform and equipment by event and concert owners and producers. Revenue is recognized when the service has been provided and collection is reasonably assured. The Company evaluates the criteria outlined in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Subtopic 605-45, “Revenue Recognition — Principal Agent Considerations,” in determining whether it is appropriate to record the gross amount of revenues and related costs or the net revenues. Under the guidance of ASC Subtopic 605-45, if the Company is the primary obligor to perform the services being sold, has general inventory risk as it pertains to recruiting and compensating the talent, has the ability to control the ticket pricing, has discretion in selecting the talent, is involved in the production of the event, generally bears the majority of the credit or collection risk, or has several but not all of these indicators, revenue is recorded gross. If the Company does not have several of these indicators, it records revenues or losses on a net basis. Live Events 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. Carrying Value, Recoverability and Impairment of Long-Lived Assets The Company’s long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. It tests its long-lived assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events. An impairment loss will be recognized only if the carrying amount of a long-lived asset is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset 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. That assessment is based on the carrying amount of the asset 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 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. Goodwill In accordance with FASB ASC Topic No. 350, Intangibles-Goodwill and Other, the Company reviews the recoverability of the carrying value of goodwill at least annually or whenever events or circumstances indicate a potential impairment. The Company’s impairment testing will be done annually at March 31. Recoverability of goodwill is determined by comparing the fair value of Company’s reporting units to the carrying value of the underlying net assets in the reporting units. If the fair value of a reporting unit is determined to be less than the carrying value of its net assets, goodwill is deemed impaired and an impairment loss is recognized to the extent that the carrying value of goodwill exceeds the difference between the fair value of the reporting unit and the fair value of its other assets and liabilities. The Company determined that there was no goodwill impairment at June 30, 2017. 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, valuing equity instruments issued for services and realization of deferred tax assets. 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 jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest LXL Influencers, Inc. Delaware July 11, 2017 51 % LiveXLive Tickets, Inc. Delaware April 24, 2017 100 % LXL Studios, Inc. Delaware July 15, 2016 100 % 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. Deferred Offering Costs Deferred offering costs consist principally of legal, accounting and underwriters’ fees incurred related to the contemplated underwritten public offering of our common stock. These deferred offering costs will be charged against the gross proceeds received, or will be charged to expense if the offering is not completed. Stock-Based Compensation The Company periodically issues stock-based compensation to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock–based compensation 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-based compensation grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock-based 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. Stock-based compensation 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 stock-based compensation vests, 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, stock-based compensation 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 warrant grants is 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 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. 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 June 30, 2017 and March 31, 2017, the Company had 0 and 150,000 warrants outstanding, respectively, and 4,129,847 and 3,028,325 shares issuable for its convertible notes payable, 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 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. In July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. ASU 2017-11 allows companies to exclude a down round feature when determining whether a financial instrument (or embedded conversion feature) is considered indexed to the entity’s own stock. As a result, financial instruments (or embedded conversion features) with down round features may no longer be required to be accounted for as derivative liabilities. A company will recognize the value of a down round feature only when it is triggered and the strike price has been adjusted downward. For equity-classified freestanding financial instruments, an entity will treat the value of the effect of the down round as a dividend and a reduction of income available to common shareholders in computing basic earnings per share. For convertible instruments with embedded conversion features containing down round provisions, entities will recognize the value of the down round as a beneficial conversion discount to be amortized to earnings. The guidance in ASU 2017-11 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted, and the guidance is to be applied using a full or modified retrospective approach. The Company plans to adopt ASU 2017-11 in the third quarter of 2017. The adoption of ASU 2017-11 is not expected to have a material impact on the Company’s financial statements and related 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.

Formation of LiveXLive Tickets,

Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets	3 Months Ended
	Jun. 30, 2017
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets [Abstract]
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets	Note 3 – Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets’ Assets On May 5, 2017, LiveXLive Tickets, Inc. (“LXL Tickets”), a wholly owned subsidiary of the Company, entered into an Asset Purchase Agreement (“APA”) with Wantickets RDM, LLC (“Wantickets”) and certain other parties, whereby LXL Tickets purchased certain operating assets of Wantickets for total consideration of 2,000,000 shares of common stock of the Company valued at $3,340,000 ($1.67 per share). The transaction has been accounted for as an acquisition of Wantickets. In connection with the transaction, LXL Tickets entered into employment agreements with two key employees of Wantickets for a term of two years each. Joseph Schnaier was appointed as the Chief Executive Officer of LXL Tickets and was to receive an annual salary of $220,000 and a bonus of 2,000,000 shares of common stock if LXL Tickets earns a net income of $3 million in the twelve months following May 5, 2017 or a net income of $4 million in the twelve months thereafter. In addition, Mr. Richard Blakeley was appointed as the Chief Financial Officer of LXL Tickets and will receive an annual salary consisting of $160,000 in cash and such number of shares of the Company’s common stock equal to $15,000. Effective as of July 7, 2017, LXL Tickets terminated Mr. Schnaier’s employment for cause. In addition, pursuant to the APA and the Letter Agreement, dated as of May 5, 2017 (the “Letter Agreement”), entered into among the Company, LXL Tickets and Mr. Schnaier, the parties agreed that, commencing May 5, 2017, Mr. Schnaier will promptly pay for all of LXL Tickets’ net losses of its business for each calendar month (or pro rata thereof), up to a total of $100,000 per month, and for any liabilities exceeding $100,000 in the aggregate that arose from April 1, 2017 to May 5, 2017 (inclusive), until the earlier of (x) such time as the Public Offering is consummated or (b) May 5, 2018 (such earlier date as between clause (x) and (y), the “Funding End Date”), and that any salaries or other payments or amounts due under the employment agreements described above shall be included in the calculation of the net loss for the applicable period (collectively, the “Payment Obligation”). Pursuant to the Letter Agreement, the parties further agreed that all payments made by Mr. Schnaier as part of the Payment Obligation shall be deemed to be a loan by Mr. Schnaier to LXL Tickets (the “Loaned Funds”), and that the Company and LXL Tickets shall repay to Mr. Schnaier the total amount of the Loaned Funds within five business days after the Funding End Date; provided that the Company and LXL Tickets may prepay or repay in full the Loaned Funds at any time prior to the Funding End Date without any penalty. As of August 14, 2017, pursuant to the APA and the Letter Agreement, Mr. Schnaier paid $153,631 to LXL Tickets, which also constituted Loaned Funds, and owed LXL Tickets $124,388 as his Payment Obligation, subject to the Company potentially offsetting such Loaned Funds against other payment obligations that Mr. Schnaier may owe to LXL Tickets and/or the Company. The Company can give no assurances that the Company will be able to recover from Mr. Schnaier a part or the entire amount of such Payment Obligation or that the Company will be able to offset a part or the entire amount of the Loaned Funds against other payment obligations that Mr. Schnaier may owe to LXL Tickets and/or the Company. The Company completed a preliminary allocation of the purchase price of the assets acquired as follows with the assistance of an independent valuation firm: Asset Type Fair Value Fixed Assets $ 109,000 Trademark/Trade Name 431,100 Software 1,003,600 Customer Relationships 368,600 Domain Names 106,400 Goodwill 1,321,300 Purchase Price $ 3,340,000 The Company has determined useful lives of two years for software and customer relationships acquired, and five years for domain names, trademark and trade names acquired. For the quarter ended June 30, 2017 the Company recognized amortization expenses of $111,000 for these assets. For the fixed assets acquired the Company has estimated the assets useful lives of three to five years and recognized depreciation expense of $10,700 for these assets. The Company is still in the process of completing the valuation. The preliminary allocation of the purchase price was based upon a preliminary valuation and our estimates and assumptions are subject to change within the purchase price allocation period (generally one year from the acquisition date). The primary areas of the purchase price allocation that are not yet finalized relate to the valuation of tangible and intangible assets acquired and residual goodwill. The Company prepared the following unaudited pro forma statements of operations, which present the Company’s pro forma results of operations after giving effect to the purchase of Wantickets, based on the historical financial statements of the Company and Wantickets. The unaudited pro forma statements of operations for the three months ended June 30, 2017 and 2016 give effect to the transaction with Wantickets as if it had occurred on April 1, 2016. Unaudited Pro-Forma Three Months Ended Three Months Ended June 30, June 30, 2017 2016 Revenue $ 386,020 $ 979,000 Cost of revenue 91,891 247,000 Gross Margin 294,129 732,000 Operating expenses: Selling, general and administrative 2,406,949 1,869,886 Related party expenses 90,000 90,000 Total operating expenses 2,496,949 1,959,886 Loss from operations (2,202,820 ) (1,227,886 ) Other income (expense): Interest expense, net (634,949 ) (701,268 ) Earnings from investment in OCHL - 83,184 Total other income (expense) (634,949 ) (618,084 ) Net loss $ (2,837,769 ) $ (1,845,970 ) Net loss per share – basic and diluted $ (0.03 ) $ (0.02 ) Weighted average common shares – basic and diluted 106,584,364 92,596,918 The Company’s results of operations for the period ended June 30, 2017 include revenue of Wantickets of $276,243 and a loss of $195,118 since the date of acquisition.

Property and Equipment

Property and Equipment	3 Months Ended
Property and Equipment	Jun. 30, 2017
Property and Equipment [Abstract]
Property and Equipment	Note 4 – Property and Equipment Property and equipment at June 30, 2017 and March 31, 2017 was as follows: June 30, March 31, 2017 Production equipment $ 104,103 $ 51,304 Computer equipment 69,279 42,078 Software 29,000 - Total property and equipment 202,382 93,382 Accumulated depreciation (52,746 ) (35,975 ) Property and equipment, net $ 149,636 $ 57,407 Depreciation expense was $16,771 and $5,900 for the three months ended June 30, 2017 and 2016, respectively.

Intangible Assets

Intangible Assets	3 Months Ended
Intangible Assets	Jun. 30, 2017
Intangible Assets [Abstract]
Intangible Assets	Note 5 - Intangible Assets The following table sets forth our acquired intangible assets by major asset class as of June 30, 2017: June 30, 2017 Useful life Accumulated Net (years) Gross amortization book value Trademark/Trade Name 5 $ 431,100 $ (12,300 ) $ 418,800 Software 2 1,003,600 (74,100 ) 929,500 Customer Relationships 2 368,600 (21,300 ) 347,300 Domain Names 5 106,400 (3,300 ) 103,100 Total $ 1,909,700 $ (111,000 ) $ 1,798,700 Intangible assets amortization expense was $111,000 for the three months ended June 30, 2017, respectively, and $0 for the three months ended June 30, 2016, respectively. Future amortization expense related to intangible assets as of June 30, 2017 are as follows: Year Ending March 31, 2018 - 9 months remaining $ 595,800 2019 794,400 2020 183,600 2021 108,000 2022 108,000 Beyond 8,900 Total $ 1,798,700

Convertible Note Payable, Share

Convertible Note Payable, Shareholder	3 Months Ended
Convertible Note Payable, Shareholder	Jun. 30, 2017
Convertible Note Payable, Shareholder/ Non-Related Party Note Payable [Abstract]
Convertible Note Payable, Shareholder	Note 6 – Convertible Note Payable, Shareholder As of June 30, 2017 and March 31, 2017, the Company had an outstanding 6%, unsecured convertible note payable (the “Trinad Note”) to Trinad Capital Master Fund (“Trinad Capital”), a fund wholly owned by Mr. Ellin, the Company’s Executive Chairman, President, director and principal stockholder, for both short and long term working capital requirements. The Trinad Note was issued on February 21, 2017, to convert aggregate principal and interest of $3,581,077 under the first senior convertible promissory note and second senior convertible promissory note (the “Senior Notes”) with Trinad Capital previously issued on December 31, 2014 and April 8, 2015, respectively, each as subsequently amended. The Trinad Note is due on March 31, 2018. Before its maturity, Trinad Capital shall in its sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, Trinad Capital 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, Trinad Capital received 1,790,539 warrants to purchase shares of the Company’s common stock at an exercise price of $0.01 per share. Such warrants were exercised on February 28, 2017. The conversion of the Senior Notes into the Trinad Note and warrants was considered to be a debt restructuring that is accounted for as a debt extinguishment. The aggregate relative fair value of the 1,790,539 warrants issued to Trinad Capital was determined to be $1,624,474 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.50%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). As of February 21, 2016, the effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $1,624,474. The relative fair value of the warrants and the Trinad Note’s beneficial conversion feature totaling $3,248,948 was expensed as of March 31, 2017. At March 31, 2017, $3,603,446 of principal, which includes $75,938 of accrued interest, was outstanding under the Note. At June 30, 2017, $3,657,015 of principal, which includes $75,938 of accrued interest, was outstanding under the Note.

Non-Related Party Note Payable

Non-Related Party Note Payable	3 Months Ended
Non-Related Party Note Payable	Jun. 30, 2017
Convertible Note Payable, Shareholder/ Non-Related Party Note Payable [Abstract]
Non-Related Party Note Payable	Note 7 – Non-Related Party 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 past due. As of June 30, 2017 and March 31, 2017, $281,429 and $277,270 of principal, which includes $38,931 and $34,772 of accrued interest, respectively, were outstanding under the Note.

Related Party Unsecured Convert

Related Party Unsecured Convertible Notes Payable	3 Months Ended
Related Party Unsecured Convertible Notes Payable	Jun. 30, 2017
Related Party Unsecured Convertible Notes Payable [Abstract]
Related Party Unsecured Convertible Notes Payable	Note 8 — Related Party Unsecured Convertible Notes Payable Related Party unsecured convertible notes payable at June 30, 2017 and March 31, 2017 were as follows: June 30, March 31, (A) 6% Unsecured Convertible Note – due March 31, 2018 $ 51,455 $ 50,707 (B) 6% Unsecured Convertible Note – due June 28, 2018 50,008 - Less accumulated amortization of Valuation Discount (77,585 ) (39,039 ) Net 23,878 11,668 Less: Convertible note payable, current 4,771 - Convertible notes payable, long-term $ 19,107 $ 11,668 Convertible Note — Marvin Ellin (A) On January 4, 2017, the Company issued a 6% unsecured convertible note payable to Marvin Ellin, the father of Robert Ellin, our Executive Chairman, President, director and principal stockholder, for total principal amount of $50,000. This note will be due September 13, 2018. Before its maturity, the noteholder shall in its sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholder 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 noteholder received 25,000 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 25,000 warrants issued to the investor was determined to be $22,681 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.50%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). As of February 21, 2017, the effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $22,681. The aggregate value of the warrants and beneficial conversion feature of $45,362 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. The balance of the unamortized discount at March 31, 2017 was $39,039. During the three months ended June 30, 2017, the Company amortized $6,690 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $32,349. At June 30, 2017, $50,000 of principal, which includes $1,455 of accrued interest, was outstanding under the Note. (B) On June 29, 2017, the Company issued a 6% unsecured convertible note payable to Marvin Ellin for total principal amount of $50,000. This note will be due June 28, 2018. Before its maturity, the noteholder shall in its sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholder 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 noteholder received 25,000 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 25,000 warrants issued to the investor was determined to be $22,681 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.50%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). As of June 28, 2017, the effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $22,681. The aggregate value of the warrants and beneficial conversion feature of $45,362 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 the three months ended June 30, 2017, the Company amortized $125 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $45,237. At June 30, 2017, $50,000 of principal, and $8 of accrued interest, was outstanding under the Note.

Unsecured Convertible Notes Pay

Unsecured Convertible Notes Payable	3 Months Ended
Unsecured Convertible Notes Payable	Jun. 30, 2017
Unsecured Convertible Notes Payable [Abstract]
Unsecured Convertible Notes Payable	Note 9 – Unsecured Convertible Notes Payable Unsecured Convertible notes payable at June 30, 2017 and March 31, 2017 were as follows: June 30, March 31, 2017 (A) 6% Unsecured Convertible Notes – Due September 30, 2018 $ 157,126 $ 154,882 (B) 6% Unsecured Convertible Notes – Due between January 31, 2018 and September 30, 2018 1,266,742 1,248,267 (C) 6% Unsecured Convertible Notes – Due between January 31, 2018 and June 28, 2018 1,714,442 - Less accumulated amortization of Valuation Discount (2,123,043 ) (1,114,751 ) Net 1,015,257 288,398 Less: convertible notes, current 685,214 67,858 Convertible notes, long term $ 330,043 $ 220,540 (A) 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. Before the maturity date, the noteholder shall in its sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholder 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 noteholder 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 noteholder 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). As of September 14, 2016, the effective conversion price was $0.63, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $56,388. As a result, the Company recorded a note discount of $150,000 to account for the relative fair value of the warrants and the notes’ beneficial conversion feature which will be amortized as interest over the term of the note. The balance of the unamortized discount at March 31, 2017 was $109,259. During the three months ended June 30, 2017, the Company amortized $18,724 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $90,535. As of June 30, 2017, $7,126 of accrued interest was added to the principal balance. (B) Between November 22, 2016 and March 27, 2017, the Company issued seven 6% unsecured convertible notes payable to certain investors for aggregate total principal of $1,235,000. The notes are due on various dates through September 30, 2018. Before the maturity date, the noteholders shall in their sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholders 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 noteholders received an aggregate of 617,500 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 617,500 warrants issued to the noteholders was determined to be $560,226 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.35-1.53%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). At the issuance of these notes, the effective conversion price was $0.91 and the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized aggregate beneficial conversion features of $560,226. As a result, the Company recorded a note discount of $1,120,450 to account for the relative fair values of the warrants and the notes’ beneficial conversion features which will be amortized as interest over the terms of the notes or in full upon conversion of the notes. The balance of the unamortized discount at March 31, 2017 was $1,005,490. During the three months ended June 30, 2017, the Company amortized $214,784 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $790,706. As of June 30, 2017, $31,742 of accrued interest was added to the principal balance. (C) Between April 5, 2016 and June 29, 2017, the Company issued ten 6% unsecured convertible notes payable to certain investors for aggregate total principal of $1,695,000. The notes are due on various dates through June 29, 2018. Before the maturity date, the noteholders shall in their sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholders 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 noteholders received an aggregate of 847,500 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 847,500 warrants issued to the noteholders was determined to be $768,893 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.35-1.53%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). At the issuance of these notes, the effective conversion price was $0.91 and the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized aggregate beneficial conversion features of $768,893. As a result, the Company recorded a note discount of $1,537,790 to account for the relative fair values of the warrants and the notes’ beneficial conversion features which will be amortized as interest over the terms of the notes or in full upon conversion of the notes. During the three months ended June 30, 2017, the Company amortized $295,983 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $1,241,807. As of June 30, 2017, $19,442 of accrued interest was added to the principal balance.

Related Party Transactions

Related Party Transactions	3 Months Ended
Related Party Transactions	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Note 10 – 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. The remaining amount of $250,000 due to Trinad LLC was reflected as a liability on the accompanying March 31, 2017 balance sheet. During the quarter ended June 30, 2017, the Company paid in full the remaining amount that was due at March 31, 2017. 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 three months ended June 30, 2017 and 2016, the Company incurred $90,000 of such fees. Rent During the three-month period ended June 30, 2017 and the fiscal year ended March 31, 2017, the Company subleased office space from Trinad LLC for no cost to the Company as part of our Management Agreement with Trinad LLC. 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. Other Asset At June 30, 2017, the Other Asset balance of $15,000 is for a 4.02% equity investment in a music technology company that is led by a family member of the Company’s President and Executive Chairman.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Jun. 30, 2017
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 11 – Commitments and Contingencies Promotional Rights The Company acquires promotional rights from time to time that may contain obligations for future payments. As of June 30, 2017, the Company is obligated under three licenses, production and/or distribution agreements to make guaranteed payments as follows: $700,000 for the fiscal year ended March 31, 2018, and $475,000 for the fiscal year ended March 31, 2019. The agreements also provide for a revenue share of 35-50% of capital and net revenues. In addition, there are two other agreements that provide for a revenue share of 50% on net revenues, but no guaranteed payments. If the events do not occur as planned and/or the Company does not undertake production of such events, or if the revenue from these events does not allow the Company to recover its production costs, no additional liability for additional payments or promotional right will remain. Legal Proceedings On March 3, 2016, Blink TV Limited and Northstar Media, Inc. (collectively, the “Plaintiffs”) filed a claim in the Los Angeles County Superior Court of California against the Company and LiveXLive, 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. LiveXLive 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 LiveXLive for the alleged breach of a single license agreement. Plaintiffs are seeking $300,000 in damages. To date, LiveXLive has vigorously contested Plaintiffs’ claims. In doing so, on December 23, 2016, LiveXLive filed a cross-complaint against Plaintiffs for breach of contract and breach of the implied covenant of good faith and fair dealing. On May 11, 2017, the parties agreed to a mediation which is tentatively scheduled for October 2017, and a trial date is set for March 2018. On July 17, 2017, Exodus Festival, Inc. (“Exodus”) filed a demand for arbitration with the American Arbitration Association, Washington, DC office (“AAA”), requesting for AAA to commence an arbitration proceeding against Wantickets and LXL Tickets, in connection with event proceeds of $155,633 allegedly owed by Wantickets to Exodus pursuant to a certain Presale Agreement For On-line Ticket Sales Services, entered into by and between Wantickets and Exodus on or about October 20, 2015 (the “Exodus-Wantickets Agreement”). Exodus alleges that LXL Tickets assumed Wantickets’ obligations under the Exodus-Wantickets Agreement pursuant to the APA, dated as of May 5, 2017, entered into by and among Wantickets, LXL Tickets, the Company and certain other persons. On August 9, 2017, LXL Tickets submitted with AAA its objections to the arbitration request and any obligations or liability to Exodus, including because LXL Tickets was not a party to and never assumed the Exodus-Wantickets Agreement. On August 10, 2017, Exodus submitted its response with AAA to LXL Tickets’ objections. LXL Tickets intends to vigorously dispute such arbitration demand and that it owes any obligations or liability to Exodus and to defend itself against these claims. The Company is not aware of any other pending legal proceedings. From time to time, the Company may become involved in various lawsuits and legal proceedings that arise in the ordinary course of business. An adverse result in these or other matters may have, individually or in the aggregate, a material adverse effect on the Company’s business, financial condition or operating results.

Stockholders' Deficit

Stockholders' Deficit	3 Months Ended
Stockholders' Deficit	Jun. 30, 2017
Stockholders' Deficit [Abstract]
Stockholders' Deficit	Note 12 – Stockholders’ Deficit Issuance of Common Stock for Services to Consultants During the three months ended June 30, 2017, the Company issued 229,165 shares of its common stock valued at $382,705 to various consultants. The Company valued these shares at a price of $1.67 per share, the most recent price of the sale of its common stock near the date of grant. Issuance of Common Stock for Services to Employees During the three months ended June 30, 2017, the Company issued 700,000 shares of its common stock valued at $1,169,000 to certain employees. The Company valued these shares at a price of $1.67 per share, the most recent price of the sale of its common stock near the date of grant. During the three months ended June 30, 2017, the Company recorded $107,292 of expense related to the vested portion of its restricted stock, and the remaining $1,061,708 is expected to be recorded over the next two years. Additional details of the Company’s restricted common stock are as follows: Number of Shares Weighted Average Grant Date Fair Value Per Share Non-vested March 31, 2017 - $ - Issued 700,000 1.67 Vested (37,500 ) 1.67 Forfeited - - Non-vested, June 30, 2017 662,500 $ 1.67 Warrants During the quarter ended June 30, 2017, the Company issued warrants along with a series of convertible notes to acquire 872,500 shares of Company’s common stock valued at $791,576 at an exercise price of $0.01. During the quarter ended June 30, 2017, 1,022,500 warrants were exercised into 1,022,500 shares of common stock for net proceeds of $10,226. The table below summarizes the Company’s warrant activities: Number of Warrants Weighted Weighted Average Balance outstanding, March 31, 2017 150,000 $ 0.010 2.99 Granted 872,500 0.010 3.07 Exercised (1,022,500 ) 0.010 3.06 Forfeited/expired - - - Balance outstanding, June 30, 2017 - $ - - Exercisable, June 30, 2017 - $ - -

Segment Reporting

Segment Reporting	3 Months Ended
Segment Reporting	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Reporting	Note 13 – Segment Reporting The Company determined its reporting units in accordance with ASC 280, “Segment Reporting” (“ASC 280”). We evaluate a reporting unit by first identifying its operating segments under ASC 280. The Company then evaluates each operating segment to determine if it includes one or more components that constitute a business. If there are components within an operating segment that meet the definition of a business, the Company evaluates those components to determine if they must be aggregated into one or more reporting units. If applicable, when determining if it is appropriate to aggregate different operating segments, the Company determines if the segments are economically similar and, if so, the operating segments are aggregated. The Company’s operations during the three months ended June 30, 2017 are classified into three reportable business segments: corporate, live events and ticketing. Each of these segments is organized based upon the nature of products and services offered. Summarized financial information about each segment is provided below: Three Months Ended June 30, 2017 Corporate Live Events Ticketing Total Consolidated Revenue $ - $ - $ 276,243 $ 276,243 Cost of revenue - - 78,869 78,869 Gross Margin - - 197,374 197,374 Operating expenses: Selling, general and administrative 862,354 921,746 503,492 2,287,585 Related party expenses 90,000 - - 90,000 Total operating expenses 1,063,347 921,746 503,492 2,377,585 Loss from operations (952,347 ) (921,746 ) (306,118 ) (2,180,211 ) Other income (expense): Interest expense, net (634,949 ) - - (634,949 ) Total other income (expense) (634,949 ) - - (634,949 ) Net loss $ (1,587,296 ) $ (921,746 ) $ (306,118 ) $ (2,815,160 ) Total Assets $ 1,878,136 $ 43,796 $ 3,321,899 $ 5,243,830

Significant Accounting Polici20

Significant Accounting Policies and Practices (Policies)	3 Months Ended
Significant Accounting Policies and Practices (Policies)	Jun. 30, 2017
Significant Accounting Policies and Practices [Abstract]
Revenue Recognition Policy	Revenue Recognition Policy The Company has several streams of revenue, each of which is required under GAAP to be recognized in varying ways. The following is a summary of our revenue recognition policies: Ticketing The Company recognizes commissions and related transaction fees earned from the sale of event and concert tickets at the time the tickets are paid for by and delivered to the customers. The Company’s commissions and transaction fees are charged on a per-ticket basis and generally non-refundable. Claims for ticket refunds are charged back to the respective event and concert owners and producers and in certain cases, the corresponding commissions and related transaction fees are recorded as a reduction to the Company’s revenues at the time that such refunds are processed. The Company does not have accounts receivable associated with its sales transactions, as payment is collected at the time of sale. As amounts are collected for the tickets sold a liability is created (Due to producer) which represents the portion of the amount collected at the time of sale that is due to the venue. The Company recognizes revenues from use of the Company’s ticketing platform and equipment by event and concert owners and producers. Revenue is recognized when the service has been provided and collection is reasonably assured. The Company evaluates the criteria outlined in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Subtopic 605-45, “Revenue Recognition — Principal Agent Considerations,” in determining whether it is appropriate to record the gross amount of revenues and related costs or the net revenues. Under the guidance of ASC Subtopic 605-45, if the Company is the primary obligor to perform the services being sold, has general inventory risk as it pertains to recruiting and compensating the talent, has the ability to control the ticket pricing, has discretion in selecting the talent, is involved in the production of the event, generally bears the majority of the credit or collection risk, or has several but not all of these indicators, revenue is recorded gross. If the Company does not have several of these indicators, it records revenues or losses on a net basis. Live Events 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.
Carrying Value, Recoverability and Impairment of Long-Lived Assets	Carrying Value, Recoverability and Impairment of Long-Lived Assets The Company’s long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. It tests its long-lived assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events. An impairment loss will be recognized only if the carrying amount of a long-lived asset is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset 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. That assessment is based on the carrying amount of the asset 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 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.
Goodwill	Goodwill In accordance with FASB ASC Topic No. 350, Intangibles-Goodwill and Other, the Company reviews the recoverability of the carrying value of goodwill at least annually or whenever events or circumstances indicate a potential impairment. The Company’s impairment testing will be done annually at March 31. Recoverability of goodwill is determined by comparing the fair value of Company’s reporting units to the carrying value of the underlying net assets in the reporting units. If the fair value of a reporting unit is determined to be less than the carrying value of its net assets, goodwill is deemed impaired and an impairment loss is recognized to the extent that the carrying value of goodwill exceeds the difference between the fair value of the reporting unit and the fair value of its other assets and liabilities. The Company determined that there was no goodwill impairment at June 30, 2017.
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, valuing equity instruments issued for services and realization of deferred tax assets. 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 jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest LXL Influencers, Inc. Delaware July 11, 2017 51 % LiveXLive Tickets, Inc. Delaware April 24, 2017 100 % LXL Studios, Inc. Delaware July 15, 2016 100 % 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.
Deferred Offering Costs	Deferred Offering Costs Deferred offering costs consist principally of legal, accounting and underwriters’ fees incurred related to the contemplated underwritten public offering of our common stock. These deferred offering costs will be charged against the gross proceeds received, or will be charged to expense if the offering is not completed.
Stock-Based Compensation	Stock-Based Compensation The Company periodically issues stock-based compensation to employees and non-employees in non-capital raising transactions for services and for financing costs. The Company accounts for stock–based compensation 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-based compensation grants issued and vesting to non-employees in accordance with the authoritative guidance of the FASB where the value of the stock-based 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. Stock-based compensation 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 stock-based compensation vests, 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, stock-based compensation 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 warrant grants is 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 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.
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 June 30, 2017 and March 31, 2017, the Company had 0 and 150,000 warrants outstanding, respectively, and 4,129,847 and 3,028,325 shares issuable for its convertible notes payable, 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 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. In July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. ASU 2017-11 allows companies to exclude a down round feature when determining whether a financial instrument (or embedded conversion feature) is considered indexed to the entity’s own stock. As a result, financial instruments (or embedded conversion features) with down round features may no longer be required to be accounted for as derivative liabilities. A company will recognize the value of a down round feature only when it is triggered and the strike price has been adjusted downward. For equity-classified freestanding financial instruments, an entity will treat the value of the effect of the down round as a dividend and a reduction of income available to common shareholders in computing basic earnings per share. For convertible instruments with embedded conversion features containing down round provisions, entities will recognize the value of the down round as a beneficial conversion discount to be amortized to earnings. The guidance in ASU 2017-11 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted, and the guidance is to be applied using a full or modified retrospective approach. The Company plans to adopt ASU 2017-11 in the third quarter of 2017. The adoption of ASU 2017-11 is not expected to have a material impact on the Company’s financial statements and related 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.

Significant Accounting Polici21

Significant Accounting Policies and Practices (Tables)	3 Months Ended
Significant Accounting Policies and Practices (Tables)	Jun. 30, 2017
Significant Accounting Policies and Practices [Abstract]
Schedule of consolidated subsidiaries and/or entities	Name of consolidated subsidiary or entity State or other jurisdiction of incorporation or organization Date of incorporation or formation (date of acquisition, if applicable) Attributable interest LXL Influencers, Inc. Delaware July 11, 2017 51 % LiveXLive Tickets, Inc. Delaware April 24, 2017 100 % LXL Studios, Inc. Delaware July 15, 2016 100 % 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 %

Formation of LiveXLive Ticket22

Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Tables)	3 Months Ended
	Jun. 30, 2017
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets [Abstract]
Schedule of preliminary allocation of the purchase price of the assets acquired	Asset Type Fair Value Fixed Assets $ 109,000 Trademark/Trade Name 431,100 Software 1,003,600 Customer Relationships 368,600 Domain Names 106,400 Goodwill 1,321,300 Purchase Price $ 3,340,000
Schedule of unaudited pro forma results of operations	Unaudited Pro-Forma Three Months Ended Three Months Ended June 30, June 30, 2017 2016 Revenue $ 386,020 $ 979,000 Cost of revenue 91,891 247,000 Gross Margin 294,129 732,000 Operating expenses: Selling, general and administrative 2,406,949 1,869,886 Related party expenses 90,000 90,000 Total operating expenses 2,496,949 1,959,886 Loss from operations (2,202,820 ) (1,227,886 ) Other income (expense): Interest expense, net (634,949 ) (701,268 ) Earnings from investment in OCHL - 83,184 Total other income (expense) (634,949 ) (618,084 ) Net loss $ (2,837,769 ) $ (1,845,970 ) Net loss per share – basic and diluted $ (0.03 ) $ (0.02 ) Weighted average common shares – basic and diluted 106,584,364 92,596,918

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
Property and Equipment (Tables)	Jun. 30, 2017
Property and Equipment [Abstract]
Schedule of property plant and equipment	June 30, March 31, 2017 Production equipment $ 104,103 $ 51,304 Computer equipment 69,279 42,078 Software 29,000 - Total property and equipment 202,382 93,382 Accumulated depreciation (52,746 ) (35,975 ) Property and equipment, net $ 149,636 $ 57,407

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
Intangible Assets (Tables)	Jun. 30, 2017
Intangible Assets [Abstract]
Schedule of intangible assets	June 30, 2017 Useful life Accumulated Net (years) Gross amortization book value Trademark/Trade Name 5 $ 431,100 $ (12,300 ) $ 418,800 Software 2 1,003,600 (74,100 ) 929,500 Customer Relationships 2 368,600 (21,300 ) 347,300 Domain Names 5 106,400 (3,300 ) 103,100 Total $ 1,909,700 $ (111,000 ) $ 1,798,700
Schedule of estimated future amortization of intangible assets	Year Ending March 31, 2018 - 9 months remaining $ 595,800 2019 794,400 2020 183,600 2021 108,000 2022 108,000 Beyond 8,900 Total $ 1,798,700

Related Party Unsecured Conve25

Related Party Unsecured Convertible Notes Payable (Tables)	3 Months Ended
Related Party Unsecured Convertible Notes Payable (Tables)	Jun. 30, 2017
Related Party Unsecured Convertible Notes Payable [Abstract]
Summary of related party unsecured convertible notes payable	June 30, March 31, (A) 6% Unsecured Convertible Note – due March 31, 2018 $ 51,455 $ 50,707 (B) 6% Unsecured Convertible Note – due June 28, 2018 50,008 - Less accumulated amortization of Valuation Discount (77,585 ) (39,039 ) Net 23,878 11,668 Less: Convertible note payable, current 4,771 - Convertible notes payable, long-term $ 19,107 $ 11,668

Unsecured Convertible Notes P26

Unsecured Convertible Notes Payable (Tables)	3 Months Ended
Unsecured Convertible Notes Payable (Tables)	Jun. 30, 2017
Unsecured Convertible Notes Payable [Abstract]
Schedule of unsecured convertible notes payable	June 30, March 31, 2017 (A) 6% Unsecured Convertible Notes – Due September 30, 2018 $ 157,126 $ 154,882 (B) 6% Unsecured Convertible Notes – Due between January 31, 2018 and September 30, 2018 1,266,742 1,248,267 (C) 6% Unsecured Convertible Notes – Due between January 31, 2018 and June 28, 2018 1,714,442 - Less accumulated amortization of Valuation Discount (2,123,043 ) (1,114,751 ) Net 1,015,257 288,398 Less: convertible notes, current 685,214 67,858 Convertible notes, long term $ 330,043 $ 220,540 (A) 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. Before the maturity date, the noteholder shall in its sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholder 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 noteholder 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 noteholder 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). As of September 14, 2016, the effective conversion price was $0.63, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $56,388. As a result, the Company recorded a note discount of $150,000 to account for the relative fair value of the warrants and the notes’ beneficial conversion feature which will be amortized as interest over the term of the note. The balance of the unamortized discount at March 31, 2017 was $109,259. During the three months ended June 30, 2017, the Company amortized $18,724 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $90,535. As of June 30, 2017, $7,126 of accrued interest was added to the principal balance. (B) Between November 22, 2016 and March 27, 2017, the Company issued seven 6% unsecured convertible notes payable to certain investors for aggregate total principal of $1,235,000. The notes are due on various dates through September 30, 2018. Before the maturity date, the noteholders shall in their sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholders 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 noteholders received an aggregate of 617,500 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 617,500 warrants issued to the noteholders was determined to be $560,226 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.35-1.53%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). At the issuance of these notes, the effective conversion price was $0.91 and the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized aggregate beneficial conversion features of $560,226. As a result, the Company recorded a note discount of $1,120,450 to account for the relative fair values of the warrants and the notes’ beneficial conversion features which will be amortized as interest over the terms of the notes or in full upon conversion of the notes. The balance of the unamortized discount at March 31, 2017 was $1,005,490. During the three months ended June 30, 2017, the Company amortized $214,784 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $790,706. As of June 30, 2017, $31,742 of accrued interest was added to the principal balance. (C) Between April 5, 2016 and June 29, 2017, the Company issued ten 6% unsecured convertible notes payable to certain investors for aggregate total principal of $1,695,000. The notes are due on various dates through June 29, 2018. Before the maturity date, the noteholders shall in their sole discretion have the option to convert all outstanding principal and interest into the Company’s common stock at a conversion price per share based upon the Company’s current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholders 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 noteholders received an aggregate of 847,500 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 847,500 warrants issued to the noteholders was determined to be $768,893 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.35-1.53%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). At the issuance of these notes, the effective conversion price was $0.91 and the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized aggregate beneficial conversion features of $768,893. As a result, the Company recorded a note discount of $1,537,790 to account for the relative fair values of the warrants and the notes’ beneficial conversion features which will be amortized as interest over the terms of the notes or in full upon conversion of the notes. During the three months ended June 30, 2017, the Company amortized $295,983 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $1,241,807. As of June 30, 2017, $19,442 of accrued interest was added to the principal balance.

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)	3 Months Ended
Stockholders' Deficit (Tables)	Jun. 30, 2017
Stockholders' Deficit [Abstract]
Schedule of restricted common stock	Number of Shares Weighted Average Grant Date Fair Value Per Share Non-vested March 31, 2017 - $ - Issued 700,000 1.67 Vested (37,500 ) 1.67 Forfeited - - Non-vested, June 30, 2017 662,500 $ 1.67
Schedule of warrant activities	Number of Warrants Weighted Weighted Average Balance outstanding, March 31, 2017 150,000 $ 0.010 2.99 Granted 872,500 0.010 3.07 Exercised (1,022,500 ) 0.010 3.06 Forfeited/expired - - - Balance outstanding, June 30, 2017 - $ - - Exercisable, June 30, 2017 - $ - -

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
Segment Reporting (Tables)	Jun. 30, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Corporate Live Events Ticketing Total Consolidated Revenue $ - $ - $ 276,243 $ 276,243 Cost of revenue - - 78,869 78,869 Gross Margin - - 197,374 197,374 Operating expenses: Selling, general and administrative 862,354 921,746 503,492 2,287,585 Related party expenses 90,000 - - 90,000 Total operating expenses 1,063,347 921,746 503,492 2,377,585 Loss from operations (952,347 ) (921,746 ) (306,118 ) (2,180,211 ) Other income (expense): Interest expense, net (634,949 ) - - (634,949 ) Total other income (expense) (634,949 ) - - (634,949 ) Net loss $ (1,587,296 ) $ (921,746 ) $ (306,118 ) $ (2,815,160 ) Total Assets $ 1,878,136 $ 43,796 $ 3,321,899 $ 5,243,830

Organization, Operations and 29

Organization, Operations and Basis of Presentation (Details) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Organization operations and basis of presentation (Textual)
Stockholders' deficit	$ (797,477)		$ (3,405,692)
Net loss	(2,815,160)	$ (1,803,970)
Net cash used in operating activities	$ (1,462,949)	$ (1,220,338)
Forward stock split	In September 2016, the Company’s Board of Directors (the “Board of Directors”) declared a 2-for-1 forward stock split of the Company’s common stock in the form of a dividend.

Significant Accounting Polici30

Significant Accounting Policies and Practices (Details)	3 Months Ended
Significant Accounting Policies and Practices (Details)	Jun. 30, 2017
LXL Influencers, Inc. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	LXL Influencers, Inc.
State or other jurisdiction of incorporation or organization	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Jul. 11, 2017
Attributable interest	51.00%
LiveXLive Tickets, Inc. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	LiveXLive Tickets, Inc.
State or other jurisdiction of incorporation or organization	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Apr. 24, 2017
Attributable interest	100.00%
LXL Studios, Inc. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	LXL Studios, Inc.
State or other jurisdiction of incorporation or organization	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Jul. 15, 2016
Attributable interest	100.00%
LiveXLive, Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Name of consolidated subsidiary or entity	LiveXLive, Corp.
State or other jurisdiction of incorporation or organization	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Feb. 24, 2015
Attributable interest	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.
State or other jurisdiction of incorporation or organization	Delaware
Date of incorporation or formation (date of acquisition, if applicable)	Mar. 17, 2014
Attributable interest	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
State or other jurisdiction of incorporation or organization	England and Wales
Date of incorporation or formation (date of acquisition, if applicable)	Nov. 7, 2013
Attributable interest	100.00%

Significant Accounting Polici31

Significant Accounting Policies and Practices (Details Textual) - shares	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017
Significant Accounting Policies and Practices (Textual)
Warrants outstanding	0	150,000
Shares issuable for convertible notes payable	4,129,847	3,028,325

Formation of LiveXLive Ticket32

Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Details)	Jun. 30, 2017USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	$ 3,340,000
Fixed Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	109,000
Goodwill [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	1,321,300
Trademark/Trade Name [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	431,100
Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	1,003,600
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	368,600
Domain Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price	$ 106,400

Formation of LiveXLive Ticket33

Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Details 1) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Revenue	$ 276,243
Cost of revenue	78,869
Gross Margin	197,374
Operating expenses
Selling, general and administrative	2,287,585	1,084,886
Related party expenses	90,000	90,000
Total operating expenses	2,377,585	1,174,886
Loss from operations	(2,180,211)	(1,174,886)
Other income (expense):
Interest expense, net	(634,949)	(712,268)
Earnings from investment in OCHL		83,184
Total other income (expense)	(634,949)	(629,084)
Net loss	$ (2,815,160)	$ (1,803,970)
Net loss per share - basic and diluted	$ (0.03)	$ (0.02)
Weighted average common shares - basic and diluted	106,584,364	92,596,918
Pro Forma [Member]
Revenue	$ 386,020	$ 979,000
Cost of revenue	91,891	247,000
Gross Margin	294,129	732,000
Operating expenses
Selling, general and administrative	2,406,949	1,869,886
Related party expenses	90,000	90,000
Total operating expenses	2,496,949	1,959,886
Loss from operations	(2,202,820)	(1,227,886)
Other income (expense):
Interest expense, net	(634,949)	(701,268)
Earnings from investment in OCHL		83,184
Total other income (expense)	(634,949)	(618,084)
Net loss	$ (2,837,769)	$ (1,845,970)
Net loss per share - basic and diluted	$ (0.03)	$ (0.02)
Weighted average common shares - basic and diluted	106,584,364	92,596,918

Formation of LiveXLive Ticket34

Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Details Textual) - USD ($)	Aug. 14, 2017	May 05, 2017	Jun. 30, 2017	Jun. 30, 2016
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Textual)
Common stock shares purchased for total consideration, shares		2,000,000
Common stock shares purchased for total consideration, value		$ 3,340,000
Share price		$ 1.67
Annual salary to CEO		$ 220,000
Letter agreement, description		The Letter Agreement, dated as of May 5, 2017 (the "Letter Agreement"), entered into among the Company, LXL Tickets and Mr. Schnaier, the parties agreed that, commencing May 5, 2017, Mr. Schnaier will promptly pay for all of LXL Tickets' net losses of its business for each calendar month (or pro rata thereof), up to a total of $100,000 per month, and for any liabilities exceeding $100,000 in the aggregate that arose from April 1, 2017 to May 5, 2017 (inclusive), until the earlier of (x) such time as the Public Offering is consummated or (b) May 5, 2018 (such earlier date as between clause (x) and (y), the "Funding End Date"), and that any salaries or other payments or amounts due under the employment agreements described above shall be included in the calculation of the net loss for the applicable period (collectively, the "Payment Obligation").
Payment obligation
Amortization expenses			$ 111,000
Depreciation expense			16,771	$ 5,900
Revenue of Wantickets			276,243
Net income loss		$ 4,000,000	$ 195,118
Payment obligation	$ 124,388
Constituted loaned funds	$ 153,631
Trinad Capital [Member]
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Textual)
Common stock shares purchased for total consideration, shares		2,000,000
Common stock shares purchased for total consideration, value		$ 15,000
Annual salary to CEO		160,000,000
Net income loss		$ 3,000,000
Maximum [Member]
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Textual)
Fixed assets useful lives			5 years
Minimum [Member]
Formation of LiveXLive Tickets, Inc. and Acquisition of Wantickets' Assets (Textual)
Fixed assets useful lives			3 years

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 202,382	$ 93,382
Accumulated depreciation	(52,746)	(35,975)
Property and equipment, net	149,636	57,407
Production equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	104,103	51,304
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	69,279	42,078
Software [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 29,000,000

Property and Equipment (Detai36

Property and Equipment (Details Textual) - USD ($)	3 Months Ended
Property and Equipment (Details Textual) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Property and Equipment (Textual)
Depreciation expense	$ 16,771	$ 5,900

Intangible Assets (Details)

Intangible Assets (Details)	3 Months Ended
Intangible Assets (Details)	Jun. 30, 2017USD ($)
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, Gross	$ 1,909,700
Intangible assets, Accumulated amortization	(111,000)
Intangible assets, Net book value	$ 1,798,700
Trademark/Trade Name [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, Useful life (years)	5 years
Intangible assets, Gross	$ 431,100
Intangible assets, Accumulated amortization	(12,300)
Intangible assets, Net book value	$ 418,800
Software [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, Useful life (years)	2 years
Intangible assets, Gross	$ 1,003,600
Intangible assets, Accumulated amortization	(74,100)
Intangible assets, Net book value	$ 929,500
Customer Relationships [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, Useful life (years)	2 years
Intangible assets, Gross	$ 368,600
Intangible assets, Accumulated amortization	(21,300)
Intangible assets, Net book value	$ 347,300
Domain Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, Useful life (years)	5 years
Intangible assets, Gross	$ 106,400
Intangible assets, Accumulated amortization	(3,300)
Intangible assets, Net book value	$ 103,100

Intangible Assets (Details 1)

Intangible Assets (Details 1)	Jun. 30, 2017USD ($)
Intangible Assets [Abstract]
2018 - 9 months remaining	$ 595,800
2,019	794,400
2,020	183,600
2,021	108,000
2,022	108,000
Beyond	8,900
Total	$ 1,798,700

Intangible Assets (Details Text

Intangible Assets (Details Textual) - USD ($)	3 Months Ended
Intangible Assets (Details Textual) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Intangible Assets (Textual)
Intangible assets amortization expense	$ 111,000	$ 0

Convertible Note Payable, Sha40

Convertible Note Payable, Shareholder (Details) - USD ($)	1 Months Ended		3 Months Ended	12 Months Ended
Convertible Note Payable, Shareholder (Details) - USD ($)	Feb. 21, 2017	Feb. 21, 2016	Jun. 30, 2017	Mar. 31, 2017
Convertible Note Payable, Shareholder (Textual)
Aggregate principal amount			$ 50,000
Exercise price (in dollars per share)			$ 0.01	$ 0.005
Fair value of warrants			$ 723,533
Trinad Capital [Member]
Convertible Note Payable, Shareholder (Textual)
Aggregate principal amount				$ 3,603,446
Debt, description	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 in one or more closings prior to the maturity date, Trinad Capital 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.
Warrants to purchase shares of common stock	$ 1,790,539
Exercise price (in dollars per share)	$ 0.01	$ 1.67
Warrants issued	1,790,539
Fair value of warrants	$ 1,624,474
Risk-free interest rate	1.50%
Dividend yield	0.00%
Volatility rate	100.00%
Expected life	3 years
Conversion price (in dollars per share)		$ 0.91
Beneficial conversion feature		$ 1,624,474	3,657,015	3,248,948
Accrued interest	$ 3,581,077		$ 75,938	$ 75,938

Non-Related Party Note Payable

Non-Related Party Note Payable (Details) - USD ($)	3 Months Ended
Non-Related Party Note Payable (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2014
Non Related Party Note Payable (Textual)
Aggregate principal amount	$ 50,000
Senior Promissory Note [Member]
Non Related Party Note Payable (Textual)
Aggregate principal amount	281,429	$ 277,270	$ 242,498
Accrued interest	$ 34,772	$ 38,931
Debt, description	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.
Bears interest			6.00%

Related Party Unsecured Conve42

Related Party Unsecured Convertible Notes Payable (Details) - USD ($)		Jun. 30, 2017	Mar. 31, 2017
Debt Instrument [Line Items]
Less accumulated amortization of Valuation Discount		$ (77,585)	$ (39,039)
Net		23,878	11,668
Less: Convertible note payable, current		4,771
Convertible notes payable, long-term		19,107	11,668
6% Unsecured Convertible Note - due September 13, 2018
Debt Instrument [Line Items]
Principal notes payable	[1]	51,455	50,707
6% Unsecured Convertible Note - due on March 31, 2018
Debt Instrument [Line Items]
Principal notes payable	[2]	$ 50,008

[1]	(A) On January 4, 2017, the Company issued a 6% unsecured convertible note payable to Marvin Ellin, the father of Robert Ellin, our Executive Chairman, President, director and principal stockholder, for total principal amount of $50,000. This note will be due September 13, 2018. Before its maturity, the noteholder shall in its sole discretion have the option to convert all outstanding principal and interest into the Company's common stock at a conversion price per share based upon the Company's current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholder 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 noteholder received 25,000 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 25,000 warrants issued to the investor was determined to be $22,681 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.50%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). As of February 21, 2017, the effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $22,681. The aggregate value of the warrants and beneficial conversion feature of $45,362 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. The balance of the unamortized discount at March 31, 2017 was $39,039. During the three months ended June 30, 2017, the Company amortized $6,690 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $32,349. At June 30, 2017, $50,000 of principal, which includes $1,455 of accrued interest, was outstanding under the Note.
[2]	(B) On June 29, 2017, the Company issued a 6% unsecured convertible note payable to Marvin Ellin for total principal amount of $50,000. This note will be due June 28, 2018. Before its maturity, the noteholder shall in its sole discretion have the option to convert all outstanding principal and interest into the Company's common stock at a conversion price per share based upon the Company's current valuation, as determined by the Board of Directors. 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 in one or more closings prior to the maturity date, the noteholder 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 noteholder received 25,000 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 25,000 warrants issued to the investor was determined to be $22,681 using the Black-Scholes-Merton Option Pricing model with the following average assumptions: risk-free interest rate of 1.50%; dividend yield of 0%; volatility rate of 100%; and an expected life of three years (statutory term). As of June 28, 2017, the effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $22,681. The aggregate value of the warrants and beneficial conversion feature of $45,362 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 the three months ended June 30, 2017, the Company amortized $125 of such discount to interest expense, and the unamortized discount as of June 30, 2017 was $45,237. At June 30, 2017, $50,000 of principal, and $8 of accrued interest, was outstanding under the Note.

Related Party Unsecured Conve43

Related Party Unsecured Convertible Notes Payable (Details Textual) - USD ($)	Jan. 04, 2017	Jun. 29, 2017	Jun. 30, 2017	Mar. 31, 2017
Related Party Unsecured Convertible Notes Payable [Textual]
Principal amount			$ 50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 0.01	$ 0.005
Unamortized debt discount			$ 77,585	$ 39,039
6% Unsecured Convertible Note due March 31, 2018 [Member]
Related Party Unsecured Convertible Notes Payable [Textual]
Principal amount	$ 50,000
Unsecured convertible note payable	6.00%
Unsecured convertible note payable due	Sep. 13, 2018
Aggregate in gross proceeds	$ 5,000,000
Financing issuance price	75.00%
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.01
Shares issued during the period	25,000
Number of shares of aggregate relative fair value	25,000
Aggregate relative fair value	$ 22,681
Risk-free interest rate	1.50%
Dividend yield	0.00%
Volatility rate	100.00%
Expected life	3 years
Terms of conversion feature	The effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $22,681. The aggregate value of the warrants and beneficial conversion feature of $45,362 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.
Conversion of amortized to interest expense	$ 6,690
Unamortized debt discount	32,349			$ 39,039
Accrued interest	$ 1,455
6% Unsecured Convertible Note due June 28, 2018 [Member]
Related Party Unsecured Convertible Notes Payable [Textual]
Principal amount		$ 50,000
Unsecured convertible note payable		6.00%
Unsecured convertible note payable due		Jun. 28, 2018
Aggregate in gross proceeds		$ 5,000,000
Financing issuance price		75.00%
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.01
Shares issued during the period		25,000
Number of shares of aggregate relative fair value		25,000
Aggregate relative fair value		$ 22,681
Risk-free interest rate		1.50%
Dividend yield		0.00%
Volatility rate		100.00%
Expected life		3 years
Terms of conversion feature		The effective conversion price was $0.91, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $22,681. The aggregate value of the warrants and beneficial conversion feature of $45,362 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.
Conversion of amortized to interest expense		$ 125
Unamortized debt discount		45,237
Accrued interest		$ 8

Unsecured Convertible Notes P44

Unsecured Convertible Notes Payable (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Debt Instrument [Line Items]
Less accumulated amortization of Valuation Discount	$ 77,585	$ 39,039
Net	1,015,257	288,398
Convertible Notes Payable, Current	685,214	67,858
Notes payable, long-term	330,043	220,540
6% Unsecured Convertible Notes September 30, 2018 [Member]
Debt Instrument [Line Items]
Principal notes payable	157,126	154,882
6% Unsecured Convertible Notes January 31 2018 and September 30 2018 [Member]
Debt Instrument [Line Items]
Principal notes payable	1,266,742	1,248,267
6% Unsecured Convertible Notes January 31 2018 and June 28 2018
Debt Instrument [Line Items]
Principal notes payable	$ 1,714,442

Unsecured Convertible Notes P45

Unsecured Convertible Notes Payable (Details Textual) - USD ($)	Sep. 14, 2016	Jun. 30, 2017	Mar. 27, 2017	Jun. 29, 2017	Mar. 31, 2017
Debt Instrument [Line Items]
Principal amount		$ 50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.01			$ 0.005
Unamortized debt discount		$ 77,585			$ 39,039
6% Unsecured Convertible Note - Due September 30, 2018 [Member]
Debt Instrument [Line Items]
Principal amount	$ 150,000
Unsecured convertible note payable	6.00%
Unsecured convertible note payable due		Sep. 13, 2018
Aggregate in gross proceeds		$ 5,000,000
Financing issuance price		75.00%
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.005
Shares issued during the period		150,000
Number of shares of aggregate relative fair value		150,000
Aggregate relative fair value		$ 93,612
Risk-free interest rate		0.90%
Dividend yield		0.00%
Volatility rate		1.67%
Expected life		3 years
Terms of conversion feature		The effective conversion price was $0.63, and the market price of the shares on the date of conversion was approximately $1.67 per share. As such, the Company recognized a beneficial conversion feature of $56,388. As a result, the Company recorded a note discount of $150,000 to account for the relative fair value of the warrants and the notes' beneficial conversion feature which will be amortized as interest over the term of the note.
Conversion of amortized to interest expense		$ 18,724
Unamortized debt discount		90,535			109,259
Accrued interest		$ 7,126
6% Unsecured Convertible Notes - Due between January 31, 2018 and September 30, 2018 [Member]
Debt Instrument [Line Items]
Principal amount			$ 1,235,000
Unsecured convertible note payable			6.00%
Unsecured convertible note payable due		Sep. 30, 2018
Aggregate in gross proceeds		$ 5,000,000
Financing issuance price		75.00%
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.01
Shares issued during the period		617,500
Number of shares of aggregate relative fair value		617,500
Aggregate relative fair value		$ 560,226
Dividend yield		0.00%
Volatility rate		100.00%
Expected life		3 years
Terms of conversion feature		The effective conversion price was $0.91 and the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized aggregate beneficial conversion features of $560,226. As a result, the Company recorded a note discount of $1,120,450 to account for the relative fair values of the warrants and the notes' beneficial conversion features which will be amortized as interest over the terms of the notes or in full upon conversion of the notes.
Conversion of amortized to interest expense		$ 214,784
Unamortized debt discount		790,706			$ 1,005,490
Accrued interest		$ 31,742
6% Unsecured Convertible Notes - Due between January 31, 2018 and September 30, 2018 [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Risk-free interest rate		1.53%
6% Unsecured Convertible Notes - Due between January 31, 2018 and September 30, 2018 [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Risk-free interest rate		1.35%
6% Unsecured Convertible Notes - Due between January 31, 2018 and June 28, 2018 [Member]
Debt Instrument [Line Items]
Principal amount				$ 1,695,000
Unsecured convertible note payable				6.00%
Unsecured convertible note payable due		Jun. 29, 2018
Aggregate in gross proceeds		$ 5,000,000
Financing issuance price		75.00%
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.01
Shares issued during the period		847,500
Number of shares of aggregate relative fair value		847,500
Aggregate relative fair value		$ 768,893
Dividend yield		0.00%
Volatility rate		100.00%
Expected life		3 years
Terms of conversion feature		The effective conversion price was $0.91 and the market price of the shares on the date of conversion was approximately $1.67 per share, the Company recognized aggregate beneficial conversion features of $768,893. As a result, the Company recorded a note discount of $1,537,790 to account for the relative fair values of the warrants and the notes' beneficial conversion features which will be amortized as interest over the terms of the notes or in full upon conversion of the notes.
Conversion of amortized to interest expense		$ 295,983
Unamortized debt discount		1,241,807
Accrued interest		$ 19,442
6% Unsecured Convertible Notes - Due between January 31, 2018 and June 28, 2018 [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Risk-free interest rate		1.53%
6% Unsecured Convertible Notes - Due between January 31, 2018 and June 28, 2018 [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Risk-free interest rate		1.35%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Sep. 14, 2016	Sep. 23, 2011	Aug. 25, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017	Mar. 31, 2015	Dec. 31, 2014
Related Party Transactions (Textual)
Due to related parties				$ 205,096
Exercise price (in dollars per share)				$ 0.01		$ 0.005
Other Asset balance				$ 15,000
Equity investment percentage				4.02%
Warrant [Member]
Related Party Transactions (Textual)
Number of shares issued	150,000
Exercise price (in dollars per share)				$ 0.01		$ 0.005	$ 0.01	$ 0.01
Expiration period				3 years	4 years
Trinad LLC [Member]
Related Party Transactions (Textual)
Management service fee				$ 90,000	$ 90,000
Management service payable				$ 30,000
Due to related parties						$ 250,000
Management Agreement [Member] \| Trinad LLC [Member]
Related Party Transactions (Textual)
Management service fee		$ 2,080,000
Management service payable		90,000
Due to related parties		$ 1,000,000
Agreement term		3 years
Management Agreement [Member] \| Trinad LLC [Member] \| Warrant [Member]
Related Party Transactions (Textual)
Number of shares issued		2,250,000	2,148,648
Exercise price (in dollars per share)		$ 0.075	$ 0.075
Expiration period		10 years

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	Mar. 03, 2016	Jul. 17, 2017	Jun. 30, 2017
Commitments and Contingencies (Textual)
Promotional rights acquiries, description			The Company is obligated under three licenses, production and/or distribution agreements to make guaranteed payments as follows: $700,000 for the fiscal year ended March 31, 2018, and $475,000 for the fiscal year ended March 31, 2019. The agreements also provide for a revenue share of 35-50% of capital and net revenues. In addition, there are two other agreements that provide for a revenue share of 50% on net revenues, but no guaranteed payments.
Plaintiffs seeking damages	$ 300,000
Wantickets [Member] \| Subsequent Event [Member]
Commitments and Contingencies (Textual)
Proceeds against for demand arbitration		$ 155,633

Stockholders' Deficit (Details)

Stockholders' Deficit (Details) - Restricted common stock [Member]	3 Months Ended
	Jun. 30, 2017$ / sharesshares
Number of Shares
Non-vested Number of Shares, March 31, 2017 \| shares
Number of Shares, Issued \| shares	700,000
Number of Shares, Vested \| shares	(37,500)
Number of Shares, Forfeited \| shares
Non-vested Number of Shares, June 30, 2017 \| shares	662,500
Weighted Average Grant Date Fair Value Per Share
Non-vested Weighted Average Grant Date Fair Value Per Share, March 31, 2017 \| $ / shares
Weighted Average Grant Date Fair Value Per Share, Issued \| $ / shares	1.67
Weighted Average Grant Date Fair Value Per Share, Vested \| $ / shares	1.67
Weighted Average Grant Date Fair Value Per Share, Forfeited \| $ / shares
Non-vested Weighted Average Grant Date Fair Value Per Share, June 30, 2017 \| $ / shares	$ 1.67

Stockholders' Deficit (Details

Stockholders' Deficit (Details 1) - Warrant [Member]	3 Months Ended
Stockholders' Deficit (Details 1) - Warrant [Member]	Jun. 30, 2017$ / sharesshares
Class of warrant or right number of securities called by warrants or rights [Abstract]
Balance outstanding, begining \| shares	150,000
Granted \| shares	872,500
Exercised \| shares	(1,022,500)
Balance outstanding, ending \| shares
Exercisable, ending \| shares
Weighted average exercise price [Abstract]
Balance outstanding, beginning \| $ / shares	$ 0.010
Granted \| $ / shares	0.010
Exercised \| $ / shares	0.010
Balance outstanding, ending \| $ / shares
Exercisable, ending \| $ / shares
Class of warrant or right number of securities weighted average remaining contractual term by warrants or rights [Abstract]
Balance outstanding, Begining	2 years 11 months 26 days
Granted	3 years 26 days
Exercised	3 years 22 days
Balance outstanding, ending	2 years 11 months 26 days

Stockholders' Deficit (Detail50

Stockholders' Deficit (Details Textual) - USD ($)	3 Months Ended
Stockholders' Deficit (Details Textual) - USD ($)	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017	Mar. 31, 2015	Dec. 31, 2014
Stockholders' Deficit (Textual)
Net proceeds for common stock		$ 1,250,000
Warrants issued	0		150,000
Warrants exercise price	$ 0.01		$ 0.005
Warrants [Member]
Stockholders' Deficit (Textual)
Net proceeds for common stock	$ 10,226
Common stock exercised	(1,022,500)
Warrants issued	1,022,500
Common stock convertible notes, shares	872,500
Common stock convertible notes, value	$ 791,576
Warrants exercise price	$ 0.01		$ 0.005	$ 0.01	$ 0.01
Restricted stock [Member]
Stockholders' Deficit (Textual)
Common stock issued for services	107,292
Common stock issued for services, value	$ 1,061,708
Employees [Member]
Stockholders' Deficit (Textual)
Common stock issued for services	700,000
Common stock issued for services, value	$ 1,169,000
Sale of common stock price per share	$ 1.67
Consultants [Member]
Stockholders' Deficit (Textual)
Common stock issued for services	229,165
Common stock issued for services, value	$ 382,705
Sale of common stock price per share	$ 1.67

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)	3 Months Ended
Segment Reporting (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Segment Reporting Information [Line Items]
Revenue	$ 276,243
Cost of revenue	78,869
Gross Margin	197,374
Operating expenses
Selling, general and administrative	2,287,585	1,084,886
Related party expenses	90,000	90,000
Total operating expenses	2,377,585	1,174,886
Loss from operations	(2,180,211)	(1,174,886)
Other income (expense)
Interest expense, net	(634,949)	(712,268)
Total other income (expense)	(634,949)	(629,084)
Net loss	(2,815,160)	$ (1,803,970)
Total Assets	5,243,830		$ 1,556,205
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenue
Cost of revenue
Gross Margin
Operating expenses
Selling, general and administrative	862,354
Related party expenses	90,000
Total operating expenses	1,063,347
Loss from operations	(952,347)
Other income (expense)
Interest expense, net	(634,949)
Total other income (expense)	(634,949)
Net loss	(1,587,296)
Total Assets	1,878,136
Live Events [Member]
Segment Reporting Information [Line Items]
Revenue
Cost of revenue
Gross Margin
Operating expenses
Selling, general and administrative	921,746
Related party expenses
Total operating expenses	921,746
Loss from operations	(921,746)
Other income (expense)
Interest expense, net
Total other income (expense)
Net loss	(921,746)
Total Assets	43,796
Ticketing [Member]
Segment Reporting Information [Line Items]
Revenue	276,243
Cost of revenue	78,869
Gross Margin	197,374
Operating expenses
Selling, general and administrative	503,492
Related party expenses
Total operating expenses	503,492
Loss from operations	(306,118)
Other income (expense)
Interest expense, net
Total other income (expense)
Net loss	(306,118)
Total Assets	$ 3,321,899