LiveOne (LVO) 10-Q 12 Feb 24 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Dec. 31, 2023	Feb. 09, 2024
Document Information [Line Items]
Entity Central Index Key	0001491419
Entity Registrant Name	LiveOne, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Entity File Number	001-38249
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	98-0657263
Entity Address, Address Line One	269 S. Beverly Dr., Suite #1450
Entity Address, City or Town	Beverly Hills
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90212
City Area Code	310
Local Phone Number	601-2505
Title of 12(b) Security	Common stock, $0.001 par value per share
Trading Symbol	LVO
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		91,655,688

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Current Assets
Cash and cash equivalents	$ 6,248	$ 8,409
Restricted cash	205	240
Accounts receivable, net	16,057	13,658
Inventories	2,092	2,596
Prepaid expense and other current assets	1,557	2,823
Total Current Assets	26,159	27,726
Property and equipment, net	3,634	3,325
Goodwill	23,379	23,379
Intangible assets, net	12,536	11,035
Other assets	122	423
Total Assets	65,830	65,888
Current Liabilities
Accounts payable and accrued liabilities	23,748	22,772
Accrued royalties	15,453	12,826
Notes payable, current portion	694	15
Deferred revenue	788	992
Senior secured line of credit	7,000	0
Bridge loan	0	4,726
Derivative liabilities	0	3,148
Total Current Liabilities	47,683	44,479
Senior secured line of credit	0	7,000
Notes payable	941	148
Operating lease liability, noncurrent	0	161
Derivative liabilities, noncurrent	279	376
Other long-term liabilities	7,406	9,578
Deferred income taxes	332	332
Total Liabilities	56,641	62,074
Commitments and Contingencies
Mezzanine Equity
Redeemable convertible preferred stock, $0.001 par value; 10,000,000 shares authorized; 5,000 and 5,000 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively	4,933	4,827
Stockholders’ Equity (Deficit)
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 18,604 and 16,177 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively	18,604	16,177
Common stock, $0.001 par value; 500,000,000 shares authorized; 91,625,688 and 89,632,161 shares issued and outstanding, respectively	91	90
Additional paid in capital	216,433	209,151
Treasury stock	(3,863)	(2,162)
Accumulated deficit	(235,954)	(224,269)
Total LiveOne's Stockholders’ Deficit	(4,689)	(1,013)
Non-controlling interest	8,945	0
Total equity (deficit)	4,256	(1,013)
Total Liabilities, Mezzanine Equity and Stockholders’ Equity (Deficit)	$ 65,830	$ 65,888

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Dec. 31, 2023	Mar. 31, 2023
Temporary equity, par value (in dollars per share)	$ 0.001	$ 0.001
Temporary equity, authorized (in shares)	10,000,000	10,000,000
Temporary equity, issued (in shares)	5,000	5,000
Temporary equity, outstanding (in shares)	5,000	5,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	18,604	16,177
Preferred stock, outstanding (in shares)	18,604	16,177
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized (in shares)	500,000,000	500,000,000
Common stock, issued (in shares)	91,625,688	89,632,161
Common stock, outstanding (in shares)	91,625,688	89,632,161

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenue:	$ 31,245	$ 27,309	$ 87,541	$ 74,063
Operating expenses:
Cost of sales	23,267	19,362	63,015	48,487
Sales and marketing	1,514	1,608	5,671	6,334
Product development	694	1,035	3,379	3,892
General and administrative	5,880	4,535	17,641	11,220
Impairment of intangible assets	115	0	115	1,356
Amortization of intangible assets	528	1,343	1,227	4,098
Total operating expenses	31,998	27,883	91,048	75,387
Loss from operations	(753)	(574)	(3,507)	(1,324)
Other income (expense):
Interest expense, net	(1,279)	(2,220)	(3,477)	(5,793)
Other income (expense)	(207)	257	(3,639)	2,523
Total other expense, net	(1,486)	(1,963)	(7,116)	(3,270)
Loss before provision (benefit) for income taxes	(2,239)	(2,537)	(10,623)	(4,594)
Provision (benefit) for income taxes	(15)	11	43	15
Net loss	(2,224)	(2,548)	(10,666)	(4,609)
Net loss attributable to non-controlling interest	(650)	0	(997)	0
Net loss attributed to LiveOne	$ (1,574)	$ (2,548)	$ (9,669)	$ (4,609)
Net loss per share – basic and diluted (in dollars per share)	$ (0.03)	$ (0.03)	$ (0.13)	$ (0.05)
Weighted average common shares – basic and diluted (in shares)	87,882,364	85,585,117	87,477,623	84,009,003

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Stockholders' Deficit and Mezzanine Equity (Unaudited) - USD ($) $ in Thousands	Redeemable Convertible Preferred Stock 1 [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Treasury Stock, Common [Member]	Total
Balance (in shares) at Mar. 31, 2022	0	0	82,546,189				0
Balance at Mar. 31, 2022	$ 0	$ 0	$ 83	$ 202,854	$ (213,853)	$ 0	$ 0	$ (10,916)
Stock-based compensation	$ 0	$ 0	$ 0	788	0	0	$ 0	788
Shares issued pursuant to restricted stock units (in shares)	0	0	102,500				0
Shares issued pursuant to restricted stock units	$ 0	$ 0	$ 0	0	0	0	$ 0	0
Treasury stock purchases (in shares)	0	0	0				(1,186,221)
Treasury stock purchases	$ 0	$ 0	$ 0	0	0	0	$ (997)	(997)
Balance (in shares) at Jun. 30, 2022	0	0	82,783,959				(1,186,221)
Balance at Jun. 30, 2022	$ 0	$ 0	$ 83	203,642	(212,505)	0	$ (997)	(9,777)
Stock-based compensation (in shares)	0	0	135,270				0
Net income	$ 0	$ 0	$ 0	0	1,348	0	$ 0	1,348
Balance (in shares) at Mar. 31, 2022	0	0	82,546,189				0
Balance at Mar. 31, 2022	$ 0	$ 0	$ 83	202,854	(213,853)	0	$ 0	$ (10,916)
Treasury stock purchases (in shares)								(2,000,000)
Treasury stock purchases								$ (1,900)
Accretion on preferred stock								0
Balance (in shares) at Dec. 31, 2022	0	0	87,677,980				(2,000,000)
Balance at Dec. 31, 2022	$ 0	$ 0	$ 88	208,001	(218,462)	0	$ (1,938)	(12,311)
Net income								$ (4,609)
Stock Issued During Period, Shares, Conversion of Convertible Securities								1,000,000
Issuance of shares for modification of debt instruments								$ 1,142
Issuance of shares for settlement of earnout (in shares)								414,137
Issuance of shares for settlement of earnout								$ 493
Issuance of shares for settlement of accrued expenses								945
Balance (in shares) at Jun. 30, 2022	0	0	82,783,959				(1,186,221)
Balance at Jun. 30, 2022	$ 0	$ 0	$ 83	203,642	(212,505)	0	$ (997)	(9,777)
Stock-based compensation	$ 0	$ 0	$ 0	1,396	0	0	$ 0	1,396
Shares issued pursuant to restricted stock units (in shares)	0	0	1,579,153				0
Shares issued pursuant to restricted stock units	$ 0	$ 0	$ 2	0	0	0	$ 0	2
Treasury stock purchases (in shares)	0	0	0				(813,779)
Treasury stock purchases	$ 0	$ 0	$ 0	0	0	0	$ (941)	(941)
Balance (in shares) at Sep. 30, 2022	0	0	87,559,322				(2,000,000)
Balance at Sep. 30, 2022	$ 0	$ 0	$ 88	207,615	(215,914)	0	$ (1,938)	(10,149)
Stock-based compensation (in shares)	0	0	384,155				0
Net income	$ 0	$ 0	$ 0	0	(3,409)	0	$ 0	(3,409)
Stock Issued During Period, Shares, Conversion of Convertible Securities	0	0	1,000,000				0
Issuance of shares for modification of debt instruments	$ 0	$ 0	$ 2	1,140	0	0	$ 0	1,142
Issuance of shares for settlement of earnout (in shares)	0	0	414,137				0
Issuance of shares for settlement of earnout	$ 0	$ 0	$ 0	493	0	0	$ 0	493
Issuance of shares for settlement of accrued expenses (in shares)	0	0	1,397,918				0
Issuance of shares for settlement of accrued expenses	$ 0	$ 0	$ 1	944	0	0	$ 0	945
Stock-based compensation	$ 0	$ 0	$ 0	386	0	0	$ 0	386
Balance (in shares) at Dec. 31, 2022	0	0	87,677,980				(2,000,000)
Balance at Dec. 31, 2022	$ 0	$ 0	$ 88	208,001	(218,462)	0	$ (1,938)	(12,311)
Stock-based compensation (in shares)	0	0	118,658				0
Net income	$ 0	$ 0	$ 0	0	(2,548)	0	$ 0	(2,548)
Balance (in shares) at Mar. 31, 2023	5,000	16,177	89,632,161				(2,220,914)
Balance at Mar. 31, 2023	$ 4,827	$ 16,177	$ 90	209,151	(224,269)	0	$ (2,162)	(1,013)
Stock-based compensation	$ 0	$ 0	$ 0	484	0	0	$ 0	484
Shares issued pursuant to restricted stock units (in shares)	0	0	5,000				0
Shares issued pursuant to restricted stock units	$ 0	$ 0	$ 0	0	0	0	$ 0	0
Dividends on Series A preferred stock	$ 0	$ 0	$ 0	0	(626)	0	$ 0	(626)
Common stock issued for services (in shares)	0	0	425,988				0
Common stock issued for services	$ 0	$ 0	$ 0	393	0	0	$ 0	393
Treasury stock purchases (in shares)	0	0	0				(694,315)
Treasury stock purchases	$ 0	$ 0	$ 0	0	0	0	$ (1,013)	(1,013)
Net loss	$ 0	$ 0	$ 0	0	(515)	0	$ 0	(515)
Balance (in shares) at Jun. 30, 2023	5,000	16,177	90,063,149				(2,915,229)
Balance at Jun. 30, 2023	$ 4,827	$ 16,177	$ 90	210,028	(225,410)	0	$ (3,175)	(2,290)
Balance (in shares) at Mar. 31, 2023	5,000	16,177	89,632,161				(2,220,914)
Balance at Mar. 31, 2023	$ 4,827	$ 16,177	$ 90	209,151	(224,269)	0	$ (2,162)	(1,013)
Dividends on Series A preferred stock								$ (2,016)
Treasury stock purchases (in shares)								(1,101,498)
Treasury stock purchases								$ (1,700)
Accretion on preferred stock								106
Balance (in shares) at Dec. 31, 2023	5,000	18,604	91,625,688				(3,322,412)
Balance at Dec. 31, 2023	$ 4,933	$ 18,604	$ 91	216,433	(235,954)	8,945	$ (3,863)	4,256
Net income								(9,669)
Issuance of shares for modification of debt instruments								0
Issuance of shares for settlement of earnout								0
Issuance of shares for settlement of accrued expenses								0
Balance (in shares) at Jun. 30, 2023	5,000	16,177	90,063,149				(2,915,229)
Balance at Jun. 30, 2023	$ 4,827	$ 16,177	$ 90	210,028	(225,410)	0	$ (3,175)	(2,290)
Stock-based compensation	$ 0	$ 0	$ 0	1,767	0	0	$ 0	1,767
Shares issued pursuant to restricted stock units (in shares)	0	0	521,876				0
Shares issued pursuant to restricted stock units	$ 0	$ 0	$ 0	0	0	0	$ 0	0
Dividends on Series A preferred stock	$ 0	$ 0	$ 0	0	(628)	0	$ 0	(628)
Common stock issued for services (in shares)	0	0	311,773				0
Common stock issued for services	$ 0	$ 0	$ 1	520	0	0	$ 0	521
Treasury stock purchases (in shares)	0	0	0				(315,429)
Treasury stock purchases	$ 0	$ 0	$ 0	0	0	0	$ (575)	(575)
Net loss	0	0	0	0	(7,580)	(347)	0	(7,927)
Common stock issued for purchase of intangible assets	0	0	0	917	0	0	0	917
Conversion of PC1 bridge loan	0	0	0	4,752	0	0	0	4,752
Dividends from spin-off of PodcastOne	0	0	0	(1,513)	0	1,513	0	0
Issuance of PodcastOne common stock	0	0	0	(2,410)	0	2,410	0	0
Reclassification of common stock warrants	$ 0	$ 0	$ 0	0	0	5,896	$ 0	5,896
Exercise of stock options (in shares)	0	0	10,000				0
Exercise of stock options	$ 0	$ 0	$ 0	8	0	0	$ 0	8
Issuance of preferred stock dividends (in shares)	0	1,053	0				0
Issuance of preferred stock dividends	$ 0	$ 1,053	$ 0	0	0	0	$ 0	1,053
Balance (in shares) at Sep. 30, 2023	5,000	17,230	90,906,798				(3,230,658)
Balance at Sep. 30, 2023	$ 4,827	$ 17,230	$ 91	214,069	(233,618)	9,472	$ (3,750)	3,494
Stock-based compensation	$ 0	$ 0	$ 0	2,318	0	0	$ 0	2,318
Shares issued pursuant to restricted stock units (in shares)	0	0	688,464				0
Shares issued pursuant to restricted stock units	$ 0	$ 0	$ 0	0	0	0	$ 0	0
Dividends on Series A preferred stock	$ 0	$ 0	$ 0	0	(762)	0	$ 0	(762)
Common stock issued for services (in shares)	0	0	30,426				0
Common stock issued for services	$ 0	$ 0	$ 0	169	0	0	$ 0	169
Treasury stock purchases (in shares)	0	0	0				(91,754)
Treasury stock purchases	$ 0	$ 0	$ 0	0	0	0	$ (113)	(113)
Net loss	0	0	0	0	(1,574)	(650)	0	(2,224)
Issuance of PodcastOne common stock	$ 0	$ 0	$ 0	(123)	0	123	$ 0	0
Issuance of preferred stock dividends (in shares)	0	1,374	0				0
Issuance of preferred stock dividends	$ 0	$ 1,374	$ 0	0	0	0	$ 0	1,374
Accretion on preferred stock	$ 106
Balance (in shares) at Dec. 31, 2023	5,000	18,604	91,625,688				(3,322,412)
Balance at Dec. 31, 2023	$ 4,933	$ 18,604	$ 91	$ 216,433	$ (235,954)	$ 8,945	$ (3,863)	4,256
Net income								$ (1,574)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash Flows from Operating Activities:
Net loss	$ (10,666)	$ (4,609)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	3,668	7,025
Interest paid in kind	269	320
Stock-based compensation	5,419	2,544
Amortization of debt discount	1,110	2,652
Change in fair value of bifurcated embedded derivatives	4,132	(732)
Change in fair value of contingent consideration liabilities, reported in earnings	174	(2,220)
Accretion on preferred stock	106	0
Settlement of accrued expenses	0	(7,649)
Provision for credit loss	509	0
Impairment of fixed assets	2	146
Impairment of intangible assets	115	1,356
Changes in operating assets and liabilities:
Accounts receivable	(2,908)	(198)
Prepaid expenses and other current assets	1,312	(1,544)
Inventories	504	2
Other assets	255	221
Deferred revenue	(204)	(168)
Accounts payable and accrued liabilities	(3,599)	(3,057)
Accrued royalties	3,606	1,284
Net cash provided by (used in) operating activities	3,804	(4,627)
Cash Flows from Investing Activities:
Purchases of property and equipment	(2,092)	(2,036)
Purchases of intangible assets	(688)	(13)
Net cash used in investing activities	(2,780)	(2,049)
Cash Flows from Financing Activities:
Payment on PodcastOne bridge loan	(3,000)	0
Repayment on notes payable	(227)	(426)
Proceeds from notes payable	1,700	0
Proceeds from PodcastOne bridge loan	0	4,376
Proceeds from notes payable - related party	0	300
Payments of notes payable - related party	0	(300)
Proceeds from exercise of stock options	8	0
Purchase of treasury stock	(1,701)	(1,938)
Net cash (used in) provided by financing activities	(3,220)	2,012
Net change in cash, cash equivalents and restricted cash	(2,196)	(4,664)
Cash, cash equivalents and restricted cash, beginning of period	8,649	13,154
Cash, cash equivalents and restricted cash, end of period	6,453	8,490
Supplemental disclosure of cash flow information:
Cash paid for income taxes	37	0
Cash paid for interest	869	1,294
Supplemental disclosure of non-cash investing and financing activities:
Conversion of the bridge loan into PodcastOne common stock	4,752	0
Accrual of dividends	2,016	0
Fair value of warrant and derivative liability issued with debt instruments	0	3,107
Fair value of 414,137 shares of common stock issuable in connection with settlement of earnout	0	493
Fair value of 1,000,000 shares of common stock issuable in connection with the modification of debt instruments	0	1,142
Stock Issued During Period, Value, Settlement of Accrued Expenses	0	945
Common stock issued for prepaid services	422	0
PodcastOne warrants reclassified from liabilities to non-controlling interest	5,896	0
Purchase of intangible assets accrued for at period end	737	0
Purchase of intangible assets with common stock	917	0
Fair value of options issued to employees, capitalized as internally-developed software	655	26
Accrued Dividends Converted to Preferred Stock [Member]
Supplemental disclosure of non-cash investing and financing activities:
Accrued dividends converted to preferred stock	$ 2,427	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parentheticals)	9 Months Ended
	Dec. 31, 2022 shares
Issuance of shares for settlement of earnout (in shares)	414,137
Stock Issued During Period, Shares, Conversion of Convertible Securities	1,000,000
Stock Issued During Period, Shares, Settlement of Liabilities	1,397,918

Note 1 - Organization and Basis

Note 1 - Organization and Basis of Presentation	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 Organization and Basis of Presentation Organization LiveOne, Inc. (formerly LiveXLive Media, Inc.) together with its subsidiaries (“we,” “us,” “our”, the “Company” or “LiveOne”) is a Delaware corporation headquartered in Beverly Hills, California. The Company is a creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships, live and virtual events. The Company was reincorporated in the State of Delaware on August 2, 2017, December 29, 2017, February 5, 2020, July 1, 2020, December 22, 2020, October 5, 2021, October 17, 2021, September 8, 2023, Basis of Presentation The interim unaudited condensed consolidated financial statements have been prepared on the same basis as the Company’s audited consolidated financial statements for the fiscal year ended March 31, 2023 three nine December 31, 2023 three nine December 31, 2023 not March 31, 2024 2024” March 31, 2023 10 June 29, 2023 ( “2023 10 The interim unaudited condensed consolidated financial statements have been prepared in accordance with the accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10 10 X. not 2023 10 Going Concern and Liquidity The Company’s interim unaudited 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. The Company’s principal sources of liquidity have historically been its debt and equity issuances and its cash and cash equivalents (which cash, cash equivalents and restricted cash amounted to $6.5 million as of December 31, 2023 nine December 31, 2023, nine December 31, 2023 December 31, 2023 one not The Company’s ability to continue as a going concern is dependent on its ability to execute its growth strategy and on its ability to raise additional funds. The Company filed a new universal shelf Registration Statement on Form S- 3 3” February 17, 2022. 3, may may may may No may may no Principles of Consolidation The interim unaudited condensed consolidated financial statements include the accounts of the Company and its wholly and majority owned subsidiaries. Acquisitions are included in the Company’s interim unaudited condensed consolidated financial statements from the date of the acquisition. The Company uses purchase accounting for its acquisitions, which results in all assets and liabilities of acquired businesses being recorded at their estimated fair values on the acquisition dates. All intercompany balances and transactions have been eliminated in consolidation. Reclassifications Certain amounts in the Company’s previously issued financial statements have been reclassified to conform to the current year presentation.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 2 Summary of Significant Accounting Policies There have been no 2023 10 COVID- 19 In March 2020, 19” 19 19 fourth March 31, 2020 March 31, 2021 third March 31, 2022. March 31, 2023. 2022 2021 2021 2022 one 19, 2021 March 31, 2021, 100% May 2020, On March 27, 2020, December 31, 2021. 105 10 05 02, 20, March 31, 2023 not Use of Estimates The preparation of the Company’s condensed consolidated financial statements in conformity with the United States of America (“US”) generally accepted accounting principles (“GAAP”) requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Significant items subject to such estimates and assumptions include revenue, allowance for doubtful accounts, the assigned value of acquired assets and assumed and contingent liabilities associated with business combinations and the related purchase price allocation, useful lives and impairment of property and equipment, intangible assets, goodwill and other assets, inventory calculations and reserves, the fair value of the Company’s equity-based compensation awards and convertible debt and debenture instruments, fair values of derivatives, and contingencies. Actual results could differ materially from those estimates. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. Given the overall uncertainty surrounding the COVID- 19 Revenue Recognition Policy The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized when the Company satisfies its obligation by transferring control of the goods or services to its customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. The Company uses the expected value method to estimate the value of variable consideration on advertising and with original equipment manufacturer contracts to include in the transaction price and reflect changes to such estimates in periods in which they occur. Variable consideration for these services is allocated to and recognized over the related time period such advertising and membership services are rendered as the amounts reflect the consideration the Company is entitled to and relate specifically to the Company’s efforts to satisfy its performance obligation. The amount of variable consideration included in revenue is limited to the extent that it is probable that the amount will not Practical Expedients The Company elected the practical expedient and recognized the incremental costs of obtaining a contract, if any, as an expense when incurred if the amortization period of the asset that would have been recognized is one Gross Versus Net Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction and is evaluated on a transaction by transaction basis. To the extent the Company acts as the principal, revenue is reported on a gross basis net of any sales tax from customers, when applicable. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service prior to transfer to the customer. Where applicable, the Company has determined that it acts as the principal in all of its membership service, sponsorship, and merchandising streams and may The Company’s revenue is principally derived from the following services: Membership Services Membership services revenue substantially consist of monthly to annual recurring membership fees, which are primarily paid in advance by credit card or through direct billings arrangements. The Company defers the portions of monthly to annual recurring membership fees collected in advance and recognizes them in the period earned. Membership revenue is recognized in the period of services rendered. The Company’s membership revenue consists of performance obligations that are satisfied over time. This has been determined based on the fact that the nature of services offered are membership based where the customer simultaneously receives and consumes the benefit of the services provided regardless of whether the customer uses the services or not. Membership Services consist of: Direct member, mobile service provider and mobile app services The Company generates revenue for membership services on both a direct basis and through memberships sold through certain third 30 Third-Party Original Equipment Manufacturers The Company generates revenue for membership services through memberships sold through a third 30 Advertising Revenue Advertising revenue primarily consist of revenues generated from the sale of audio, video, and display advertising space to third third From time to time the Company enters into barter transactions involving advertising provided in exchange for goods and services. Revenue from barter transactions is recognized based on delivery of impressions and in the same manner as described above. Services received are charged to expense when received or utilized. If services are received prior to the delivery of impressions, a liability is recorded. If delivery of impressions have occurred before the receipt of goods or services, a receivable is recorded. Barter revenue for the three December 31, 2023 2022 nine December 31, 2023 2022 Licensing Revenue Licensing revenue primarily consists of sales of licensing rights to digitally stream the Company’s live music services. Licensing revenue is recognized when the Company satisfies its performance obligation by transferring control of the goods or services to its customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services, which is typically when the live event has aired. Any license fees collected in advance of an event are deferred until the event airs. Sponsorship Revenue Sponsorship revenue primarily consists of sales of sponsorship programs that provide sponsors with opportunities to reach the Company’s customers. Sponsorship revenue is recognized as the event airs. Any sponsorship fees collected in advance of the contract term (typically an event) are deferred until the event airs. The Company reports sponsorship revenue on a gross basis as the Company acts as the principal in the underlying transactions. Merchandising Revenue Revenue is recognized upon the transfer of control to the customer. The Company recognizes revenue and measures the transaction price net of taxes collected from customers and remitted to governmental authorities. Sales also include shipping and handling charges billed to customers, with the related freight costs included in cost of goods sold. Sales commissions are expensed as incurred and are recorded in sales and marketing expenses in the accompanying condensed consolidated statements of operations. The Company’s customer contracts do not one 30 60 December 31, 2023 2022 Ticket/Event Revenue Ticket/Event revenue is primarily from the sale of tickets and promoter fees earned from venues or other co-promoters under one Revenue from the promotion or production of an event is recognized at a point in time when the show occurs. Revenue collected in advance of the event is recorded as deferred revenue until the event occurs. Revenue collected from sponsorship agreements, which is not Revenue from the Company’s ticketing operations primarily consists of service fees charged at the time a ticket for an event is sold in either the primary or secondary markets, including both online PPV tickets as well as ticket physically purchased through a ticket sale vendor. For primary tickets sold to the Company’s PPV and festival events the revenue for the associated ticket service charges collected in advance of the event is recorded as deferred revenue until the event occurs. For PPV arrangements that include multiple performance obligations, i.e. delivery of the online stream, sponsorships, digital meet and greet, or physical merchandise, the Company allocates the total contract consideration to each performance obligation using the standalone selling price. If the standalone selling price is not Net Income (Loss) Per Share Basic earnings (loss) per share is computed using the weighted-average number of common shares outstanding during the period adjusted to addback dividends (declared or cumulative undeclared) applicable to the Series A Preferred Stock. Diluted earnings (loss) per share is computed using the weighted-average number of common shares and the dilutive effect of contingent shares outstanding during the period. Potentially dilutive contingent shares, which primarily consist of stock options issued to employees, directors and consultants, restricted stock units, warrants issued to third Basic and diluted net income (loss) per share attributable to common stockholders is presented in conformity with the two two The treasury stock method is used to calculate the potentially dilutive effect of stock options and RSUs. The if-converted method is used to calculate the potentially dilutive effect of the Preferred Stock. In both methods, diluted net income (loss) attributable to common stockholders and diluted weighted-average shares outstanding are adjusted to account for the impact of the assumed issuance of potential common shares that are dilutive, subject to dilution sequencing rules. At December 31, 2023 2022 none The following table shows the calculation of basic and diluted earnings per share for the periods Series A Preferred Stock was outstanding: Three Months Ended Nine Months Ended In thousands, except per share amounts December 31, 2023 December 31, 2023 Net loss attributed to LiveOne $ (1,574 ) $ (9,669 ) Dividends on preferred stock (762 ) (2,016 ) Net loss attributed to LiveOne $ (2,336 ) $ (11,685 ) Basic and diluted weighted average number of shares outstanding 87,882,364 87,477,623 Shares used in computation of basic and diluted earnings per share $ (0.03 ) $ (0.13 ) Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents include all highly liquid investments with original maturities, when purchased, of three The following table provides amounts included in cash, cash equivalents and restricted cash presented in the Company’s condensed consolidated statements of cash flows for the nine December 31, 2023 2022 December 31, 2023 March 31, 2023 Cash and cash equivalents $ 6,248 $ 8,409 Restricted cash 205 240 Total cash and cash equivalents and restricted cash $ 6,453 $ 8,649 Non- Controlling Interest The Company consolidates entities in which the Company has a controlling financial interest. The Company consolidates subsidiaries in which the Company holds, directly or indirectly, more than 50% third Restricted Cash and Cash Equivalents The Company maintains certain letters of credit agreements with its banking provider, which are secured by the Company’s cash for periods of less than one December 31, 2023 2022 Allowance for Doubtful Accounts The Company evaluates the collectability of its accounts receivable based on a combination of factors. Generally, it records specific reserves to reduce the amounts recorded to what it believes will be collected when a customer’s account ages beyond typical collection patterns, or the Company becomes aware of a customer’s inability to meet its financial obligations. The Company believes that the credit risk with respect to trade receivables is limited due to the large and established nature of its largest customers and the nature of its membership receivables. At December 31, 2023 one December 31, 2022 one The Company’s accounts receivable at December 31, 2023 March 31, 2023 December 31, March 31, 2023 2023 Accounts receivable, gross $ 17,136 $ 14,228 Less: Allowance for doubtful accounts (1,079 ) (570 ) Accounts receivable, net $ 16,057 $ 13,658 Inventories Inventories, principally raw materials awaiting final customization process, are stated at the lower of cost or net realizable value. Inventories are relieved on a first first The carrying value of inventories is reduced for any excess and obsolete inventory. Excess and obsolete reductions are determined based on currently available information, including the likely method of disposition, such as through sales to individual customers and liquidations, and the age of inventory. Concentration of Credit Risk The Company maintains cash balances at commercial banks. Cash balances commonly exceed the $250,000 not not Recently Adopted Accounting Pronouncements In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 December 15, 2022 2016 13 April 1, 2021 not Recently Issued Accounting Pronouncements In October 2021, 2021 08, 805 2021 08 606, 2021 08 first 2023. 2021 08 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 not

Note 3 - Revenue

Note 3 - Revenue	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 3 Revenue The following table represents a disaggregation of revenue from contracts with customers for the three nine December 31, 2023 2022 Three Months Ended Nine Months Ended December 31, December 31, 2023 2022 2023 2022 Revenue Membership Services $ 16,858 $ 13,354 $ 48,498 $ 38,226 Advertising 10,592 8,498 32,108 26,138 Merchandising 3,795 4,825 6,794 8,507 Sponsorship and Licensing - 76 126 389 Ticket/Event - 556 15 803 Total Revenue $ 31,245 $ 27,309 $ 87,541 $ 74,063 For some contracts, the Company may not 606 10 50 14 not one For the three December 31, 2023 2022 one nine December 31, 2023 2022 one The following table summarizes the significant changes in the deferred revenue balances during the nine December 31, 2023 Deferred Revenue Balance as of March 31, 2023 $ 992 Revenue recognized that was included in the contract liability at beginning of period (392 ) Increase due to cash received, excluding amounts recognized as revenue during the period 188 Balance as of December 31, 2023 $ 788

Note 4 - Property and Equipment

Note 4 - Property and Equipment	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 4 Property and Equipment The Company’s property and equipment at December 31, 2023 March 31, 2023 December 31, March 31, 2023 2023 Property and equipment, net Computer, machinery, and software equipment $ 6,546 $ 6,501 Furniture and fixtures 556 556 Leasehold improvements 597 531 Capitalized internally developed software 17,294 14,662 Total property and equipment 24,993 22,250 Less accumulated depreciation and amortization (21,360 ) (18,925 ) Total property and equipment, net $ 3,634 $ 3,325 Depreciation expense was $0.8 million and $1.1 million for the three nine December 31, 2023 three nine December 31, 2022,

Note 5 - Goodwill and Intangibl

Note 5 - Goodwill and Intangible Assets	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 5 Goodwill and Intangible Assets Goodwill The following table presents the changes in the carrying amount of goodwill for the nine December 31, 2023 Goodwill Balance as of March 31, 2023 $ 23,379 Acquisitions - Impairment losses - Balance as of December 31, 2023 $ 23,379 Indefinite-Lived Intangible Assets The following table presents the changes in the carrying amount of indefinite-lived brand and trade names intangible assets in the Company’s Audio Group segment for the nine December 31, 2023 Tradenames Balance as of March 31, 2023 $ 4,637 Acquisitions - Impairment losses - Balance as of December 31, 2023 $ 4,637 Finite-Lived Intangible Assets The Company’s finite-lived intangible assets were as follows as of December 31, 2023 Gross Net Carrying Accumulated Carrying Value Amortization Value Software $ 19,281 $ 19,281 $ - Intellectual property (patents) 5,366 2,146 3,220 Customer relationships 6,570 6,570 - Content creator relationships 3,615 1,219 2,396 Domain names 523 177 346 Brand and trade names 1,071 414 657 Customer list 2,673 1,392 1,281 Total $ 39,098 $ 31,199 $ 7,899 The Company’s finite-lived intangible assets were as follows as of March 31, 2023 Gross Net Carrying Accumulated Carrying Value Amortization Value Software $ 19,281 $ 19,281 $ - Intellectual property (patents) 5,366 1,878 3,488 Customer relationships 6,570 6,570 - Content creator relationships 772 772 - Domain names 523 137 386 Brand and trade names 1,143 347 796 Customer list 2,767 1,039 1,728 Total $ 36,422 $ 30,024 $ 6,398 Intangible assets are amortized over their estimated useful lives based on the pattern in which the economic benefits associated with the asset are expected to be consumed, which to date has approximated the straight-line method of amortization. The estimated useful lives for patents, content creator relationships, domain names, tradename and customer list are generally three 15 one two two five seven ten three four The Company’s amortization expense on its finite-lived intangible assets was $0.5 million and $1.2 million for the three nine December 31, 2023 three nine December 31, 2022, none three December 31, 2023 2022, $0.1 nine December 31, 2023 2022, three December 31, 2023 nine December 31, 2022 Finder's Agreement In September 2023, third third December 31, 2023 third third The Company expects to record amortization of intangible assets for fiscal years ending March 31, 2024 For Years Ending March 31, 2024 (remaining three months) $ 533 2025 2,041 2026 1,732 2027 1,023 2028 508 Thereafter 2,062 $ 7,899

Note 6 - Accounts Payable and A

Note 6 - Accounts Payable and Accrued Liabilities	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	Note 6 Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities at December 31, 2023 March 31, 2023 December 31, March 31, 2023 2023 Accounts payable $ 10,307 $ 10,960 Accrued liabilities 13,260 11,539 Lease liabilities, current 181 273 $ 23,748 $ 22,772

Note 7 - Notes Payable

Note 7 - Notes Payable	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Notes Payable [Text Block]	Note 7 Notes Payable Notes payable at December 31, 2023 March 31, 2023 December 31, March 31, 2023 2023 SBA loan $ 162 $ 163 Capchase loan 1,473 - 1,635 163 Less: Current portion of Notes payable (694 ) (15 ) Notes payable $ 941 $ 148 SBA Loan On June 17, 2020, 12 December 31, 2023 Loan and Security Agreement In August 2023, February 4, 2026. Maturities of notes payables as of December 31, 2023 For Years Ending March 31, 2024 (remaining three months) $ 219 2025 876 2026 378 Thereafter 162 Total $ 1,635

Note 8 - PodcastOne Bridge Loan

Note 8 - PodcastOne Bridge Loan	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 8 PodcastOne Bridge Loan PodcastOne ’ s Private Placement On July 15, 2022 ( “PC1 “PC1 PC1 “PC1 “PC1 PC1 one one three October 15, 2023 ( PC1 PC1 PC1 PC1 PC1 PC1 The Company also agreed (i) not no PC1 PC1 not February 15, 2023, March 15, 2023 April 15, 2023, PC1 PC1 tenth three The Company further agreed to register the shares of its common stock issuable upon conversion of the PC1 PC1 not April 15, 2023, PC1 PC1 not July 15, 2023, PC1 PC1 not PC1 As part of the PC1 PC1 On September 8, 2023, PC1 Warrants The PC1 PC1 PC1 PC1 September 8, 2023, The fair value of the PC1 820 July 15, 2022 Expected dividend yield - % Expected stock-price volatility 88.88 % Risk-free interest rate 3.02 % Simulated share price $ 5.33 Exercise price $ 5.22 The fair value of the PC1 820 September 8, 2023 Expected dividend yield - % Expected stock-price volatility 71.10 % Risk-free interest rate 4.43 % Simulated share price $ 4.39 Exercise price $ 3.00 March 31, 2023 Expected dividend yield - % Expected stock-price volatility 71.50 % Risk-free interest rate 4.86 % Simulated share price $ 2.64 Exercise price $ 2.64 Total loss of $4.0 million for warrant liabilities accounted for as derivatives have been recorded in other expense for the nine December 31, 2023 September 8, 2023 March 31, 2023 December 31, 2023, none Redemption Features The Company determined that the redemption features associated with the PC1 PC1 three 1 2 3 The fair value of the redemption features is measured in accordance with ASC 820 March 31, 2023 Simulations 100,000 Expected stock-price volatility 71.50 % Risk-free interest rate 4.86 % Conversion price $ 2.54 Stock price $ 2.64 The fair value of the Redemption Liability was none at December 31, 2023 PC1 March 31, 2023 September 8, 2023 three nine December 31, 2023 The resulting discount from the OID, underwriting fees, PC1 July 15, 2023, PC1 three nine December 31, 2023 Interest expense with respect to the PC1 three nine December 31, 2023 no PC1 During the nine December 31, 2023 PC1 third December 31, 2023 PC1

Note 9 - Senior Secured Revolvi

Note 9 - Senior Secured Revolving Line of Credit	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Line of Credit [Text Block]	Note 9 Senior Secured Line of Credit On June 2, 2021, June 2, 2023. In July 2022, June 2024 December 31, 2023 The principal balance under the Revolving Credit Facility as of December 31, 2023 three December 31, 2023 2022 nine December 31, 2023 2022 December 31, 2023 On September 8, 2023 August 22, 2023 ( first Borrowings under the ABL Credit Facility are subject to certain covenants as set forth in the New Business Loan Agreement and bear interest at a rate equal to the prime rate plus 2.50%, provided, that it shall not may In connection with the New Business Loan Agreement, the Company’s current Promissory Note, dated as of June 2, 2021, August 22, 2023 (

Note 10 - Related Party Transac

Note 10 - Related Party Transactions	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 10 Related Party Transactions As of March 31, 2022 February 2023, December 31, 2023 April 2023 July 2023, On September 8, 2023, December 31, 2023.

Note 11 - Leases

Note 11 - Leases	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 11 Leases The Company leases a space at a location under a non-cancellable operating lease with a remaining lease term of 1 year, which originally expired in fiscal year 2022 December 22, 2020, June 30, 2024. The Company leases several office locations with lease terms that are less than 12 three December 31, 2023 2022 nine December 31, 2023 2022 12 three December 31, 2023 2022 nine December 31, 2023 2022 Operating lease costs for the nine December 31, 2023 2022 Nine Months Ended Nine Months Ended December 31, December 31, 2023 2022 Fixed rent cost $ 615 $ 373 Short term lease cost 88 46 Total operating lease cost $ 703 $ 419 Supplemental balance sheet information related to leases was as follows (in thousands): December 31, March 31, Operating leases 2023 2023 Operating lease right-of-use assets $ 175 $ 423 Operating lease liability, current $ 181 $ 273 Operating lease liability, noncurrent - 161 Total operating lease liabilities $ 181 $ 434 The operating lease right-of-use assets are included in other assets and current operating lease liabilities are included in accounts payable and accrued liabilities in the accompanying condensed consolidated balance sheets. Maturities of operating lease liabilities as of December 31, 2023 For Years Ending March 31, 2024 (remaining three months) $ 65 2025 140 Total lease payments 205 Less: imputed interest (24 ) Present value of operating lease liabilities $ 181 Significant judgments Discount rate – the Company’s lease is discounted using the Company’s incremental borrowing rate of 8.5% as the rate implicit in the lease is not Options – the lease term is the minimum noncancelable period of the lease. The Company does not Lease and non-lease components – non-lease components were considered and determined not

Note 12 - Other Long-Term Liabi

Note 12 - Other Long-Term Liabilities	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Other Liabilities Disclosure [Text Block]	Note 12 Other Long-Term Liabilities Other long-term liabilities consisted of the following (in thousands): December 31, March 31, 2023 2023 Contingent consideration from Gramophone acquisition $ - $ 174 Accrued royalties 4,767 3,788 Accrued legal 2,619 5,616 Other long-term liabilities 20 - Total other long-term liabilities $ 7,406 $ 9,578 The Company classified $4.8 million of accrued royalties into long term based on contractual arrangements with the royalty holders. In addition, the Company accrued $2.6 million into long term liabilities as a result of the Sound Exchange settlement (Note 13 17 no nine December 31, 2023.

Note 13 - Commitments and Conti

Note 13 - Commitments and Contingencies	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 13 Commitments and Contingencies Contractual Obligations As of December 31, 2023 March 31, 2024 March 31, 2025, March 31, 2026 March 31, 2027. On a quarterly basis, the Company records the greater of the cumulative actual content acquisition costs incurred or the cumulative minimum guarantee based on forecasted usage for the minimum guarantee period. The minimum guarantee period of time is the period that the minimum guarantee relates to, as specified in each agreement, which may Several of the Company’s content acquisition agreements also include provisions related to the royalty payments and structures of those agreements relative to other content licensing arrangements, which, if triggered, could cause the Company’s payments under those agreements to escalate, which included payments to be made in common stock. In addition, record labels, publishers and performing rights organizations with whom the Company has entered into direct license agreements have the right to audit the Company’s content acquisition payments, and any such audit could result in disputes over whether the Company has paid the proper content acquisition costs. However, as of December 31, 2023 not On August 4, 2022, December 31, 2023 not one nine December 31, 2023. Employment Agreements As of December 31, 2023 two 16 The Company’s CEO agreed to forgive his salary of $0.5 million per annum for the period from August 2021 December 31, 2022 December 31, 2023 not Legal Proceedings On April 10, 2018, 2016, May 5, 2017, may June 26, 2018, may December 31, 2022, April May 2023. May 2023, November 22, 2018, June 29, 2018 November 15, 2023, December 31, 2023 not During the nine December 31, 2023 2022 third not From time to time, the Company is involved in legal proceedings and other matters arising in connection with the conduct of its business activities. Many of these proceedings may not not The CARES Act The CARES Act, passed in March 2020 2021, 70% March 31, 2022 third nine December 31, 2023 2022

Note 14 - Employee Benefit Plan

Note 14 - Employee Benefit Plan	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	Note 14 Employee Benefit Plan The Company sponsors a 401 “401 March 31, 2019, 401 401 first may 401 not three nine December 31, 2023 2022

Note 15 - Stockholders' Deficit

Note 15 - Stockholders' Deficit	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Equity [Text Block]	Note 15 Stockholders Deficit Authorized Common Stock and Authority to Create Preferred Stock The Company has the authority to issue up to 510,000,000 shares, consisting of 500,000,000 shares of the Company’s common stock, $0.001 par value per share, and 10,000,000 shares of the Company’s preferred stock, $0.001 par value per share (the “preferred stock”). The Company may one no may not It is not may Stock Repurchase Program In December 2020, two November 2022, may no may not may nine December 31, 2023 2022 Series A Preferred Stock The Series A Preferred Stock is convertible at any time at a Holder’s option into shares of the Company’s common stock, at a price of $2.10 per share of common stock, bears a dividend of 12% per annum, is perpetual and has no may first 12 no The Company may, 18 not Pursuant to the Exchange Agreements, the Company agreed that at any time that any of the shares of Series A Preferred Stock issued to the Harvest Funds are outstanding, (i) to directly or through its 100% 66% not not third not one one not five no In accordance with ASC 480, 18 not three nine December 31, 2023 December 31, 2023 March 31, 2023 In accordance with ASC 480, not not 815. not Each share of Series A Preferred Stock is entitled to receive cumulative dividends payable at a rate per annum of 12% of the Series A Stated Value. During the nine December 31 2023, 2016 The Company’s board of directors and stockholders approved the Company’s 2016 “2016 September 17, 2020, 2016 September 30, 2021. 2016 not 162 1986, 2016 2016 The Company recognized share-based compensation expense of $2.3 million and $0.4 million during the three December 31, 2023 2022 nine December 31, 2023 2022 three December 31, 2023 2022 PodcastOne 2022 On December 15, 2022, 2022 “2022 2022 not 162 2022 2022 As of December 31, 2023, 2022 None December 31, 2023. December 31, 2023, Non- Controlling Interest On September 8, 2023, 810, nine December 31, 2023. PC1 PC1

Note 16 - Business Segments and

Note 16 - Business Segments and Geographic Reporting	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 16 Business Segments and Geographic Reporting The Company determined its operating segments in accordance with ASC 280, 280” Beginning in the second 2024, three three The Company’s three Customers The Company has one 10% three December 31, 2023 2022 nine December 31, 2023 2022 December 31, 2023 March 31, 2023, Segment and Geographic Information The Company’s operations are based in the United States. All material revenues of the Company are derived from the United States. All long-lived assets of the Company are located in the United States, of which $0.3 million resides in PodcastOne, $2.8 million in Slacker and $0.6 million is attributed to our Media Operations. We manage our working capital on a consolidated basis. Accordingly, segment assets are not not The following table presents the results of operations for our reportable segments for the three nine December 31, 2023 2022 Three months ended December 31, 2023 Corporate PodcastOne Slacker Media expenses Total Revenue $ 10,442 $ 16,838 $ 3,965 $ - $ 31,245 Net income (loss) $ (2,600 ) $ 5,127 $ (3,148 ) $ (1,603 ) $ (2,224 ) Three months ended December 31, 2022 Corporate PodcastOne Slacker Media expenses Total Revenue $ 8,589 $ 13,363 $ 5,357 $ - $ 27,309 Net income (loss) $ (2,078 ) $ 6,837 $ (5,154 ) $ (2,153 ) $ (2,548 ) Nine months ended December 31, 2023 Corporate PodcastOne Slacker Media expenses Total Revenue $ 31,595 $ 48,331 $ 7,615 $ - $ 87,541 Net income (loss) $ (13,683 ) $ 7,377 $ 136 $ (4,496 ) $ (10,666 ) Nine months ended December 31, 2022 Corporate PodcastOne Slacker Media expenses Total Revenue $ 25,802 $ 38,137 $ 10,124 $ - $ 74,063 Net income (loss) $ (3,016 ) $ 10,349 $ (5,297 ) $ (6,645 ) $ (4,609 ) Geographic Information All material revenues of the Company are derived from the United States. All long-lived assets of the Company are located in the United States.

Note 17 - Fair Value Measuremen

Note 17 - Fair Value Measurements	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 17 Fair Value Measurements The following table presents the fair value of the Company’s financial liabilities that are measured at fair value on a recurring basis (in thousands): December 31, 2023 Fair Hierarchy Level Value Level 1 Level 2 Level 3 Assets: Prepaid expenses - common stock issued subject to market adjustment at settlement $ 124 $ 124 $ - $ - Total $ 124 $ 124 $ - $ - Liabilities: Bifurcated embedded derivative on Series A Preferred Stock $ 279 $ - $ - $ 279 $ 279 $ - $ - $ 279 March 31, 2023 Fair Hierarchy Level Value Level 1 Level 2 Level 3 Assets: Prepaid expenses - common stock issued subject to market adjustment at settlement $ 140 $ 140 $ - $ - Total $ 140 $ 140 $ - $ - Liabilities: Contingent consideration liability from Gramophone acquisition $ 174 $ - $ - $ 174 Warrant liability on PodcastOne bridge loan 1,860 - - 1,860 Bifurcated embedded derivative on PodcastOne bridge loan 1,288 - - 1,288 Bifurcated embedded derivative on Series A Preferred Stock 376 - - 376 $ 3,698 $ - $ - $ 3,698 The following table presents a reconciliation of the Company’s financial liabilities that are measured at Level 3 Amount Balance as of March 31, 2023 $ 3,698 Change in fair value of bifurcated embedded derivatives, reported in earnings 4,132 Conversion of embedded derivatives to equity (1,481 ) Conversion of warrant liability to non-controlling interest (5,896 ) Change in fair value of contingent consideration liabilities, reported in earnings (174 ) Balance as of December 31, 2023 $ 279 The Company did not December 31, 2023 Carrying Hierarchy Level Value Level 1 Level 2 Level 3 Liabilities: PodcastOne bridge loan $ - $ - $ - $ - March 31, 2023 Carrying Hierarchy Level Value Level 1 Level 2 Level 3 Liabilities: PodcastOne bridge loan $ 4,726 $ - $ - $ 4,726

Note 18 - Subsequent Events

Note 18 - Subsequent Events	9 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	Note 18 Subsequent Events Effective as of January 24, 2024, 8 January 30, 2024.

Insider Trading Arrangements

Insider Trading Arrangements	9 Months Ended
	Dec. 31, 2023
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	5. None
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Unusual and Infrequent Events [Policy Text Block]	COVID- 19 In March 2020, 19” 19 19 fourth March 31, 2020 March 31, 2021 third March 31, 2022. March 31, 2023. 2022 2021 2021 2022 one 19, 2021 March 31, 2021, 100% May 2020, On March 27, 2020, December 31, 2021. 105 10 05 02, 20, March 31, 2023 not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the Company’s condensed consolidated financial statements in conformity with the United States of America (“US”) generally accepted accounting principles (“GAAP”) requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Significant items subject to such estimates and assumptions include revenue, allowance for doubtful accounts, the assigned value of acquired assets and assumed and contingent liabilities associated with business combinations and the related purchase price allocation, useful lives and impairment of property and equipment, intangible assets, goodwill and other assets, inventory calculations and reserves, the fair value of the Company’s equity-based compensation awards and convertible debt and debenture instruments, fair values of derivatives, and contingencies. Actual results could differ materially from those estimates. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. Given the overall uncertainty surrounding the COVID- 19
Revenue [Policy Text Block]	Revenue Recognition Policy The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized when the Company satisfies its obligation by transferring control of the goods or services to its customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. The Company uses the expected value method to estimate the value of variable consideration on advertising and with original equipment manufacturer contracts to include in the transaction price and reflect changes to such estimates in periods in which they occur. Variable consideration for these services is allocated to and recognized over the related time period such advertising and membership services are rendered as the amounts reflect the consideration the Company is entitled to and relate specifically to the Company’s efforts to satisfy its performance obligation. The amount of variable consideration included in revenue is limited to the extent that it is probable that the amount will not Practical Expedients The Company elected the practical expedient and recognized the incremental costs of obtaining a contract, if any, as an expense when incurred if the amortization period of the asset that would have been recognized is one Gross Versus Net Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction and is evaluated on a transaction by transaction basis. To the extent the Company acts as the principal, revenue is reported on a gross basis net of any sales tax from customers, when applicable. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service prior to transfer to the customer. Where applicable, the Company has determined that it acts as the principal in all of its membership service, sponsorship, and merchandising streams and may The Company’s revenue is principally derived from the following services: Membership Services Membership services revenue substantially consist of monthly to annual recurring membership fees, which are primarily paid in advance by credit card or through direct billings arrangements. The Company defers the portions of monthly to annual recurring membership fees collected in advance and recognizes them in the period earned. Membership revenue is recognized in the period of services rendered. The Company’s membership revenue consists of performance obligations that are satisfied over time. This has been determined based on the fact that the nature of services offered are membership based where the customer simultaneously receives and consumes the benefit of the services provided regardless of whether the customer uses the services or not. Membership Services consist of: Direct member, mobile service provider and mobile app services The Company generates revenue for membership services on both a direct basis and through memberships sold through certain third 30 Third-Party Original Equipment Manufacturers The Company generates revenue for membership services through memberships sold through a third 30 Advertising Revenue Advertising revenue primarily consist of revenues generated from the sale of audio, video, and display advertising space to third third From time to time the Company enters into barter transactions involving advertising provided in exchange for goods and services. Revenue from barter transactions is recognized based on delivery of impressions and in the same manner as described above. Services received are charged to expense when received or utilized. If services are received prior to the delivery of impressions, a liability is recorded. If delivery of impressions have occurred before the receipt of goods or services, a receivable is recorded. Barter revenue for the three December 31, 2023 2022 nine December 31, 2023 2022 Licensing Revenue Licensing revenue primarily consists of sales of licensing rights to digitally stream the Company’s live music services. Licensing revenue is recognized when the Company satisfies its performance obligation by transferring control of the goods or services to its customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services, which is typically when the live event has aired. Any license fees collected in advance of an event are deferred until the event airs. Sponsorship Revenue Sponsorship revenue primarily consists of sales of sponsorship programs that provide sponsors with opportunities to reach the Company’s customers. Sponsorship revenue is recognized as the event airs. Any sponsorship fees collected in advance of the contract term (typically an event) are deferred until the event airs. The Company reports sponsorship revenue on a gross basis as the Company acts as the principal in the underlying transactions. Merchandising Revenue Revenue is recognized upon the transfer of control to the customer. The Company recognizes revenue and measures the transaction price net of taxes collected from customers and remitted to governmental authorities. Sales also include shipping and handling charges billed to customers, with the related freight costs included in cost of goods sold. Sales commissions are expensed as incurred and are recorded in sales and marketing expenses in the accompanying condensed consolidated statements of operations. The Company’s customer contracts do not one 30 60 December 31, 2023 2022 Ticket/Event Revenue Ticket/Event revenue is primarily from the sale of tickets and promoter fees earned from venues or other co-promoters under one Revenue from the promotion or production of an event is recognized at a point in time when the show occurs. Revenue collected in advance of the event is recorded as deferred revenue until the event occurs. Revenue collected from sponsorship agreements, which is not Revenue from the Company’s ticketing operations primarily consists of service fees charged at the time a ticket for an event is sold in either the primary or secondary markets, including both online PPV tickets as well as ticket physically purchased through a ticket sale vendor. For primary tickets sold to the Company’s PPV and festival events the revenue for the associated ticket service charges collected in advance of the event is recorded as deferred revenue until the event occurs. For PPV arrangements that include multiple performance obligations, i.e. delivery of the online stream, sponsorships, digital meet and greet, or physical merchandise, the Company allocates the total contract consideration to each performance obligation using the standalone selling price. If the standalone selling price is not
Earnings Per Share, Policy [Policy Text Block]	Net Income (Loss) Per Share Basic earnings (loss) per share is computed using the weighted-average number of common shares outstanding during the period adjusted to addback dividends (declared or cumulative undeclared) applicable to the Series A Preferred Stock. Diluted earnings (loss) per share is computed using the weighted-average number of common shares and the dilutive effect of contingent shares outstanding during the period. Potentially dilutive contingent shares, which primarily consist of stock options issued to employees, directors and consultants, restricted stock units, warrants issued to third Basic and diluted net income (loss) per share attributable to common stockholders is presented in conformity with the two two The treasury stock method is used to calculate the potentially dilutive effect of stock options and RSUs. The if-converted method is used to calculate the potentially dilutive effect of the Preferred Stock. In both methods, diluted net income (loss) attributable to common stockholders and diluted weighted-average shares outstanding are adjusted to account for the impact of the assumed issuance of potential common shares that are dilutive, subject to dilution sequencing rules. At December 31, 2023 2022 none The following table shows the calculation of basic and diluted earnings per share for the periods Series A Preferred Stock was outstanding: Three Months Ended Nine Months Ended In thousands, except per share amounts December 31, 2023 December 31, 2023 Net loss attributed to LiveOne $ (1,574 ) $ (9,669 ) Dividends on preferred stock (762 ) (2,016 ) Net loss attributed to LiveOne $ (2,336 ) $ (11,685 ) Basic and diluted weighted average number of shares outstanding 87,882,364 87,477,623 Shares used in computation of basic and diluted earnings per share $ (0.03 ) $ (0.13 )
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents include all highly liquid investments with original maturities, when purchased, of three The following table provides amounts included in cash, cash equivalents and restricted cash presented in the Company’s condensed consolidated statements of cash flows for the nine December 31, 2023 2022 December 31, 2023 March 31, 2023 Cash and cash equivalents $ 6,248 $ 8,409 Restricted cash 205 240 Total cash and cash equivalents and restricted cash $ 6,453 $ 8,649
Noncontrolling Interest [Policy Text Block]	Non- Controlling Interest The Company consolidates entities in which the Company has a controlling financial interest. The Company consolidates subsidiaries in which the Company holds, directly or indirectly, more than 50% third
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash and Cash Equivalents The Company maintains certain letters of credit agreements with its banking provider, which are secured by the Company’s cash for periods of less than one December 31, 2023 2022
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Allowance for Doubtful Accounts The Company evaluates the collectability of its accounts receivable based on a combination of factors. Generally, it records specific reserves to reduce the amounts recorded to what it believes will be collected when a customer’s account ages beyond typical collection patterns, or the Company becomes aware of a customer’s inability to meet its financial obligations. The Company believes that the credit risk with respect to trade receivables is limited due to the large and established nature of its largest customers and the nature of its membership receivables. At December 31, 2023 one December 31, 2022 one The Company’s accounts receivable at December 31, 2023 March 31, 2023 December 31, March 31, 2023 2023 Accounts receivable, gross $ 17,136 $ 14,228 Less: Allowance for doubtful accounts (1,079 ) (570 ) Accounts receivable, net $ 16,057 $ 13,658
Inventory, Policy [Policy Text Block]	Inventories Inventories, principally raw materials awaiting final customization process, are stated at the lower of cost or net realizable value. Inventories are relieved on a first first The carrying value of inventories is reduced for any excess and obsolete inventory. Excess and obsolete reductions are determined based on currently available information, including the likely method of disposition, such as through sales to individual customers and liquidations, and the age of inventory.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk The Company maintains cash balances at commercial banks. Cash balances commonly exceed the $250,000 not not
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Accounting Pronouncements In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 December 15, 2022 2016 13 April 1, 2021 not Recently Issued Accounting Pronouncements In October 2021, 2021 08, 805 2021 08 606, 2021 08 first 2023. 2021 08 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 not

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended In thousands, except per share amounts December 31, 2023 December 31, 2023 Net loss attributed to LiveOne $ (1,574 ) $ (9,669 ) Dividends on preferred stock (762 ) (2,016 ) Net loss attributed to LiveOne $ (2,336 ) $ (11,685 ) Basic and diluted weighted average number of shares outstanding 87,882,364 87,477,623 Shares used in computation of basic and diluted earnings per share $ (0.03 ) $ (0.13 )
Schedule of Cash and Cash Equivalents [Table Text Block]	December 31, 2023 March 31, 2023 Cash and cash equivalents $ 6,248 $ 8,409 Restricted cash 205 240 Total cash and cash equivalents and restricted cash $ 6,453 $ 8,649
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	December 31, March 31, 2023 2023 Accounts receivable, gross $ 17,136 $ 14,228 Less: Allowance for doubtful accounts (1,079 ) (570 ) Accounts receivable, net $ 16,057 $ 13,658

Note 3 - Revenue (Tables)

Note 3 - Revenue (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Nine Months Ended December 31, December 31, 2023 2022 2023 2022 Revenue Membership Services $ 16,858 $ 13,354 $ 48,498 $ 38,226 Advertising 10,592 8,498 32,108 26,138 Merchandising 3,795 4,825 6,794 8,507 Sponsorship and Licensing - 76 126 389 Ticket/Event - 556 15 803 Total Revenue $ 31,245 $ 27,309 $ 87,541 $ 74,063
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Deferred Revenue Balance as of March 31, 2023 $ 992 Revenue recognized that was included in the contract liability at beginning of period (392 ) Increase due to cash received, excluding amounts recognized as revenue during the period 188 Balance as of December 31, 2023 $ 788

Note 4 - Property and Equipme_2

Note 4 - Property and Equipment (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	December 31, March 31, 2023 2023 Property and equipment, net Computer, machinery, and software equipment $ 6,546 $ 6,501 Furniture and fixtures 556 556 Leasehold improvements 597 531 Capitalized internally developed software 17,294 14,662 Total property and equipment 24,993 22,250 Less accumulated depreciation and amortization (21,360 ) (18,925 ) Total property and equipment, net $ 3,634 $ 3,325

Note 5 - Goodwill and Intangi_2

Note 5 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Goodwill [Table Text Block]	Goodwill Balance as of March 31, 2023 $ 23,379 Acquisitions - Impairment losses - Balance as of December 31, 2023 $ 23,379
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	Tradenames Balance as of March 31, 2023 $ 4,637 Acquisitions - Impairment losses - Balance as of December 31, 2023 $ 4,637
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Gross Net Carrying Accumulated Carrying Value Amortization Value Software $ 19,281 $ 19,281 $ - Intellectual property (patents) 5,366 2,146 3,220 Customer relationships 6,570 6,570 - Content creator relationships 3,615 1,219 2,396 Domain names 523 177 346 Brand and trade names 1,071 414 657 Customer list 2,673 1,392 1,281 Total $ 39,098 $ 31,199 $ 7,899 Gross Net Carrying Accumulated Carrying Value Amortization Value Software $ 19,281 $ 19,281 $ - Intellectual property (patents) 5,366 1,878 3,488 Customer relationships 6,570 6,570 - Content creator relationships 772 772 - Domain names 523 137 386 Brand and trade names 1,143 347 796 Customer list 2,767 1,039 1,728 Total $ 36,422 $ 30,024 $ 6,398
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	For Years Ending March 31, 2024 (remaining three months) $ 533 2025 2,041 2026 1,732 2027 1,023 2028 508 Thereafter 2,062 $ 7,899

Note 6 - Accounts Payable and_2

Note 6 - Accounts Payable and Accrued Liabilities (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	December 31, March 31, 2023 2023 Accounts payable $ 10,307 $ 10,960 Accrued liabilities 13,260 11,539 Lease liabilities, current 181 273 $ 23,748 $ 22,772

Note 7 - Notes Payable (Tables)

Note 7 - Notes Payable (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Debt [Table Text Block]	December 31, March 31, 2023 2023 SBA loan $ 162 $ 163 Capchase loan 1,473 - 1,635 163 Less: Current portion of Notes payable (694 ) (15 ) Notes payable $ 941 $ 148
Schedule of Maturities of Long-Term Debt [Table Text Block]	For Years Ending March 31, 2024 (remaining three months) $ 219 2025 876 2026 378 Thereafter 162 Total $ 1,635

Note 8 - PodcastOne Bridge Lo_2

Note 8 - PodcastOne Bridge Loan (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	July 15, 2022 Expected dividend yield - % Expected stock-price volatility 88.88 % Risk-free interest rate 3.02 % Simulated share price $ 5.33 Exercise price $ 5.22 September 8, 2023 Expected dividend yield - % Expected stock-price volatility 71.10 % Risk-free interest rate 4.43 % Simulated share price $ 4.39 Exercise price $ 3.00 March 31, 2023 Expected dividend yield - % Expected stock-price volatility 71.50 % Risk-free interest rate 4.86 % Simulated share price $ 2.64 Exercise price $ 2.64 March 31, 2023 Simulations 100,000 Expected stock-price volatility 71.50 % Risk-free interest rate 4.86 % Conversion price $ 2.54 Stock price $ 2.64

Note 11 - Leases (Tables)

Note 11 - Leases (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Lease, Cost [Table Text Block]	Nine Months Ended Nine Months Ended December 31, December 31, 2023 2022 Fixed rent cost $ 615 $ 373 Short term lease cost 88 46 Total operating lease cost $ 703 $ 419 December 31, March 31, Operating leases 2023 2023 Operating lease right-of-use assets $ 175 $ 423 Operating lease liability, current $ 181 $ 273 Operating lease liability, noncurrent - 161 Total operating lease liabilities $ 181 $ 434
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	For Years Ending March 31, 2024 (remaining three months) $ 65 2025 140 Total lease payments 205 Less: imputed interest (24 ) Present value of operating lease liabilities $ 181

Note 12 - Other Long-Term Lia_2

Note 12 - Other Long-Term Liabilities (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Other Liabilities [Table Text Block]	December 31, March 31, 2023 2023 Contingent consideration from Gramophone acquisition $ - $ 174 Accrued royalties 4,767 3,788 Accrued legal 2,619 5,616 Other long-term liabilities 20 - Total other long-term liabilities $ 7,406 $ 9,578

Note 16 - Business Segments a_2

Note 16 - Business Segments and Geographic Reporting (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended December 31, 2023 Corporate PodcastOne Slacker Media expenses Total Revenue $ 10,442 $ 16,838 $ 3,965 $ - $ 31,245 Net income (loss) $ (2,600 ) $ 5,127 $ (3,148 ) $ (1,603 ) $ (2,224 ) Three months ended December 31, 2022 Corporate PodcastOne Slacker Media expenses Total Revenue $ 8,589 $ 13,363 $ 5,357 $ - $ 27,309 Net income (loss) $ (2,078 ) $ 6,837 $ (5,154 ) $ (2,153 ) $ (2,548 ) Nine months ended December 31, 2023 Corporate PodcastOne Slacker Media expenses Total Revenue $ 31,595 $ 48,331 $ 7,615 $ - $ 87,541 Net income (loss) $ (13,683 ) $ 7,377 $ 136 $ (4,496 ) $ (10,666 ) Nine months ended December 31, 2022 Corporate PodcastOne Slacker Media expenses Total Revenue $ 25,802 $ 38,137 $ 10,124 $ - $ 74,063 Net income (loss) $ (3,016 ) $ 10,349 $ (5,297 ) $ (6,645 ) $ (4,609 )

Note 17 - Fair Value Measurem_2

Note 17 - Fair Value Measurements (Tables)	9 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	December 31, 2023 Fair Hierarchy Level Value Level 1 Level 2 Level 3 Assets: Prepaid expenses - common stock issued subject to market adjustment at settlement $ 124 $ 124 $ - $ - Total $ 124 $ 124 $ - $ - Liabilities: Bifurcated embedded derivative on Series A Preferred Stock $ 279 $ - $ - $ 279 $ 279 $ - $ - $ 279 March 31, 2023 Fair Hierarchy Level Value Level 1 Level 2 Level 3 Assets: Prepaid expenses - common stock issued subject to market adjustment at settlement $ 140 $ 140 $ - $ - Total $ 140 $ 140 $ - $ - Liabilities: Contingent consideration liability from Gramophone acquisition $ 174 $ - $ - $ 174 Warrant liability on PodcastOne bridge loan 1,860 - - 1,860 Bifurcated embedded derivative on PodcastOne bridge loan 1,288 - - 1,288 Bifurcated embedded derivative on Series A Preferred Stock 376 - - 376 $ 3,698 $ - $ - $ 3,698
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Amount Balance as of March 31, 2023 $ 3,698 Change in fair value of bifurcated embedded derivatives, reported in earnings 4,132 Conversion of embedded derivatives to equity (1,481 ) Conversion of warrant liability to non-controlling interest (5,896 ) Change in fair value of contingent consideration liabilities, reported in earnings (174 ) Balance as of December 31, 2023 $ 279
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis [Table Text Block]	December 31, 2023 Carrying Hierarchy Level Value Level 1 Level 2 Level 3 Liabilities: PodcastOne bridge loan $ - $ - $ - $ - March 31, 2023 Carrying Hierarchy Level Value Level 1 Level 2 Level 3 Liabilities: PodcastOne bridge loan $ 4,726 $ - $ - $ 4,726

Note 1 - Organization and Bas_2

Note 1 - Organization and Basis of Presentation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	$ 6,453		$ 6,453		$ 8,649
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(2,224)	$ (2,548)	(10,666)	$ (4,609)
Net Cash Provided by (Used in) Operating Activities			3,804	$ (4,627)
Working Capital	21,500		21,500
Potential Financing Amount	$ 150,000		$ 150,000

Note 2 - Summary of Significa_3

Note 2 - Summary of Significant Accounting Policies (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares	Mar. 31, 2023 USD ($)
Accrued Payroll Taxes					$ 800
Revenue from Contract with Customer, Excluding Assessed Tax	$ 31,245	$ 27,309	$ 87,541	$ 74,063
Customer Refund Liability, Current	$ 100	$ 100	$ 100	$ 100
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares) | shares	2,266,667	2,431,681	2,266,667	2,431,681
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares) | shares	0	5,960,593	0	5,960,593
Restricted Cash, Current	$ 205	$ 200	$ 205	$ 200	$ 240
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Number of Major Customers			1	1
Customer Concentration Risk [Member] | Accounts Receivable [Member] | One Customer [Member]
Concentration Risk, Percentage			29%	23%
Common Stock Warrants [Member]
Class of Warrant or Right, Outstanding (in shares) | shares	3,114,000	3,114,000	3,114,000	3,114,000
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding, Number (in shares) | shares	1,890,635	1,905,364	1,890,635	1,905,364
Barter Transactions [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,100	$ 2,000	$ 10,700	$ 5,100

Note 2 - Summary of Significa_4

Note 2 - Summary of Significant Accounting Policies - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Net loss attributed to LiveOne	$ (1,574)			$ (2,548)	$ (3,409)	$ 1,348	$ (9,669)	$ (4,609)
Dividends on preferred stock	(762)	$ (628)	$ (626)				(2,016)
Net loss attributed to LiveOne	$ (2,336)						$ (11,685)
Basic and diluted weighted average number of shares outstanding (in shares)	87,882,364			85,585,117			87,477,623	84,009,003
Shares used in computation of basic and diluted earnings per share (in dollars per share)	$ (0.03)			$ (0.03)			$ (0.13)	$ (0.05)

Note 2 - Summary of Significa_5

Note 2 - Summary of Significant Accounting Policies - Schedule of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Cash and cash equivalents	$ 6,248	$ 8,409
Restricted cash	205	240
Total cash and cash equivalents and restricted cash	$ 6,453	$ 8,649

Note 2 - Summary of Significa_6

Note 2 - Summary of Significant Accounting Policies - Schedule of Accounts Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Accounts receivable, gross	$ 17,136	$ 14,228
Less: Allowance for doubtful accounts	(1,079)	(570)
Accounts receivable, net	$ 16,057	$ 13,658

Note 3 - Revenue (Details Textu

Note 3 - Revenue (Details Textual) - Customer Concentration Risk [Member] - Revenue Benchmark [Member]	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Number of Major Customers	1	1	1	1
One Customer [Member]
Concentration Risk, Percentage	49%	42%	52%	43%

Note 3 - Revenue - Disaggregati

Note 3 - Revenue - Disaggregation of Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Total Revenue	$ 31,245	$ 27,309	$ 87,541	$ 74,063
Membership Services [Member]
Total Revenue	16,858	13,354	48,498	38,226
Advertising [Member]
Total Revenue	10,592	8,498	32,108	26,138
Merchandising Revenue [Member]
Total Revenue	3,795	4,825	6,794	8,507
Sponsorship and Licensing [Member]
Total Revenue	0	76	126	389
Ticket or Event Revenue [Member]
Total Revenue	$ 0	$ 556	$ 15	$ 803

Note 3 - Revenue - Schedule of

Note 3 - Revenue - Schedule of Deferred Revenue (Details) $ in Thousands	9 Months Ended
	Dec. 31, 2023 USD ($)
Balance	$ 992
Revenue recognized that was included in the contract liability at beginning of period	(392)
Increase due to cash received, excluding amounts recognized as revenue during the period	188
Balance	$ 788

Note 4 - Property and Equipme_3

Note 4 - Property and Equipment (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Depreciation	$ 0.8	$ 2.4	$ 1.1	$ 2.9

Note 4 - Property and Equipme_4

Note 4 - Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Total property and equipment	$ 24,993	$ 22,250
Less accumulated depreciation and amortization	(21,360)	(18,925)
Total property and equipment, net	3,634	3,325
Computer Equipment [Member]
Total property and equipment	6,546	6,501
Furniture and Fixtures [Member]
Total property and equipment	556	556
Leasehold Improvements [Member]
Total property and equipment	597	531
Software and Software Development Costs [Member]
Total property and equipment	$ 17,294	$ 14,662

Note 5 - Goodwill and Intangi_3

Note 5 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Amortization of Intangible Assets	$ 528	$ 1,343		$ 1,227	$ 4,098
Impairment of Intangible Assets (Excluding Goodwill)	115	$ 0		115	$ 1,356
Intangible Assets, Net (Excluding Goodwill)	$ 12,536			$ 12,536		$ 11,035
Cost Capitalized to Content Creator Relationship Intangibles [Member]
Shares Issued, Price Per Share (in dollars per share)			$ 8
Intangible Assets, Net (Excluding Goodwill)			$ 2,200
Payments for Capitalized Prepayments With Stock			$ 900
Patents [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	3 years			3 years
Patents [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	15 years			15 years
Content Creator Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	1 year			1 year
Content Creator Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	2 years			2 years
Domain Names [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	2 years			2 years
Domain Names [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	5 years			5 years
Trade Names [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	7 years			7 years
Trade Names [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	10 years			10 years
Customer Lists [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	3 years			3 years
Customer Lists [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	4 years			4 years

Note 5 - Goodwill and Intangi_4

Note 5 - Goodwill and Intangible Assets - Schedule of Goodwill (Details) $ in Thousands	9 Months Ended
	Dec. 31, 2023 USD ($)
Balance	$ 23,379
Acquisitions	0
Impairment losses	0
Balance	$ 23,379

Note 5 - Goodwill and Intangi_5

Note 5 - Goodwill and Intangible Assets - Schedule of Indefinite Lived Intangible Assets (Details) - Trade Names [Member] $ in Thousands	9 Months Ended
	Dec. 31, 2023 USD ($)
Balance	$ 4,637
Acquisitions	0
Impairment losses	0
Balance	$ 4,637

Note 5 - Goodwill and Intangi_6

Note 5 - Goodwill and Intangible Assets - Schedule of Finite-lived Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Finite lived intangible assets, gross	$ 39,098	$ 36,422
Finite lived intangible assets, accumulated amortization	31,199	30,024
Finite lived intangible assets, net	7,899	6,398
Computer Software, Intangible Asset [Member]
Finite lived intangible assets, gross	19,281	19,281
Finite lived intangible assets, accumulated amortization	19,281	19,281
Finite lived intangible assets, net	0	0
Intellectual Property [Member]
Finite lived intangible assets, gross	5,366	5,366
Finite lived intangible assets, accumulated amortization	2,146	1,878
Finite lived intangible assets, net	3,220	3,488
Customer Relationships [Member]
Finite lived intangible assets, gross	6,570	6,570
Finite lived intangible assets, accumulated amortization	6,570	6,570
Finite lived intangible assets, net	0	0
Content Creator Relationships [Member]
Finite lived intangible assets, gross	3,615	772
Finite lived intangible assets, accumulated amortization	1,219	772
Finite lived intangible assets, net	2,396	0
Domain Names [Member]
Finite lived intangible assets, gross	523	523
Finite lived intangible assets, accumulated amortization	177	137
Finite lived intangible assets, net	346	386
Trade Names [Member]
Finite lived intangible assets, gross	1,071	1,143
Finite lived intangible assets, accumulated amortization	414	347
Finite lived intangible assets, net	657	796
Customer Lists [Member]
Finite lived intangible assets, gross	2,673	2,767
Finite lived intangible assets, accumulated amortization	1,392	1,039
Finite lived intangible assets, net	$ 1,281	$ 1,728

Note 5 - Goodwill and Intangi_7

Note 5 - Goodwill and Intangible Assets - Schedule of Future Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
2024 (remaining three months)	$ 533
2025	2,041
2026	1,732
2027	1,023
2028	508
Thereafter	2,062
Finite-Lived Intangible Assets, Net	$ 7,899	$ 6,398

Note 6 - Accounts Payable and_3

Note 6 - Accounts Payable and Accrued Liabilities - Schedule of Accounts Payable and Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Accounts payable	$ 10,307	$ 10,960
Accrued liabilities	13,260	11,539
Lease liabilities, current	181	273
Accounts Payable and Other Accrued Liabilities, Current	$ 23,748	$ 22,772

Note 7 - Notes Payable (Details

Note 7 - Notes Payable (Details Textual) - USD ($)		1 Months Ended	9 Months Ended
	Jun. 17, 2020	Aug. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Jul. 31, 2022
Proceeds from Notes Payable			$ 1,700,000	$ 0
Revolving Credit Facility [Member]
Debt Instrument, Interest Rate, Stated Percentage					2.50%
Capchase [Member] | Subordinated Debt [Member] | Revolving Credit Facility [Member]
Debt Instrument, Interest Rate, Stated Percentage		9%
Debt Instrument, Face Amount		$ 1,700,000
Debt Instrument, Periodic Payment		$ 73,100
SBA Loan [Member]
Proceeds from Notes Payable	$ 200,000
Debt Instrument, Term (Year)	30 years
Debt Instrument, Interest Rate, Stated Percentage	3.75%

Note 7 - Notes Payable - Schedu

Note 7 - Notes Payable - Schedule of Notes Payable (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Total notes payable	$ 1,635	$ 163
Less: Current portion of Notes payable	(694)	(15)
Notes payable	941	148
Capchase [Member]
Total notes payable	1,473	0
SBA Loan [Member]
Total notes payable	$ 162	$ 163

Note 7 - Note Payable - Maturit

Note 7 - Note Payable - Maturities of Note Payable (Details) - Notes Payable, Other Payables [Member] $ in Thousands	Dec. 31, 2023 USD ($)
2024 (remaining three months)	$ 219
2025	876
2026	378
Thereafter	162
Total	$ 1,635

Note 8 - PodcastOne Bridge Lo_3

Note 8 - PodcastOne Bridge Loan (Details Textual) - USD ($)			3 Months Ended	9 Months Ended
	Sep. 08, 2023	Jul. 15, 2022	Dec. 31, 2023	Dec. 31, 2023	Mar. 31, 2023
Common Stock, Par or Stated Value Per Share (in dollars per share)			$ 0.001	$ 0.001	$ 0.001
Bridge Loan			$ 0	$ 0	$ 4,726,000
Redemption Liability [Member]
Derivative Liability, Subject to Master Netting Arrangement, before Offset			0	0	1,300,000
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss)			(200,000)	(200,000)
Derivative Liability, Subject to Master Netting Arrangement, after Offset			2,800,000	2,800,000
Interest Expense			$ 1,100,000	$ 1,000,000
PC1 Note Warrants [Member]
Warrants and Rights Outstanding	$ 5,900,000	$ 1,700,000			$ 1,800,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	3,114,000		3,114,000	3,114,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 3
Fair Value Adjustment of Warrants				$ 4,000,000
PC1 Note Warrants [Member] | Redeemed Prior to Initial Maturity [Member]
Warrant and Rights Outstanding, Monte Carlo Simulation Weights			65%	65%
PC1 Note Warrants [Member] | Redemption at Initial Maturity [Member]
Warrant and Rights Outstanding, Monte Carlo Simulation Weights			25%	25%
PC1 Note Warrants [Member] | Redemption After the Initial Maturity [Member]
Warrant and Rights Outstanding, Monte Carlo Simulation Weights			10%	10%
PodcastOne [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)		$ 0.00001
PC1 Notes [Member]
Debt Instrument, Discount Percentage		10%
Debt Instrument, Face Amount		$ 8,800,000
Proceeds from Issuance of Debt		$ 8,000,000
Debt Instrument, Term (Year)		1 year
Debt Instrument, Interest Rate, Stated Percentage		10%
Debt Instrument, Convertible, Carrying Amount of Equity Component		$ 60,000,000
Debt Instrument, Convertible, Percent of Offering Price		70%
Debt Instrument, Convertible, Percentage of Listing Price		70%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		45%
Debt Instrument, Redemption Amount		$ 3,000,000
Debt Instrument, Maximum Percentage of Equity Ownable		66%
Debt Instrument, Periodic Redemption		$ 1,000,000
Debt Instrument, Prepayment Costs		3,000,000
Interest Expense			$ 100,000	$ 200,000
Repayments of Debt				$ 3,000,000
PC1 Notes [Member] | Conversion of Debt Upon Completing a Qualified Event [Member]
Debt Conversion, Converted Instrument, Amount	$ 7,020,000
Debt Conversion, Converted Instrument, Shares Issued (in shares)	2,341,000
PC1 Notes [Member] | Intersegment Eliminations [Member]
Bridge Loan		3,000,000
PC1 Notes [Member] | Other Note Holders [Member]
Debt Instrument, Prepayment Costs		1,000,000
PC1 Notes [Member] | Reg St Redemption [Member]
Debt Instrument, Prepayment Costs		$ 2,000,000

Note 8 - PodcastOne Bridge Lo_4

Note 8 - PodcastOne Bridge Loan - Monte Carlo Assumptions (Details)	Sep. 08, 2023	Mar. 31, 2023	Jul. 15, 2022
Redemption Liability [Member]
Simulations		100,000
Measurement Input, Price Volatility [Member] | Redemption Liability [Member]
Measurement input		0.715
Measurement Input, Risk Free Interest Rate [Member] | Redemption Liability [Member]
Measurement input		0.0486
Measurement Input, Share Price [Member] | Redemption Liability [Member]
Measurement input		2.64
Measurement Input, Conversion Price [Member] | Redemption Liability [Member]
Measurement input		2.54
PC1 Note Warrants [Member] | Measurement Input, Expected Dividend Rate [Member]
Warrants, measurement input	0	0	0
PC1 Note Warrants [Member] | Measurement Input, Price Volatility [Member]
Warrants, measurement input	0.711	0.715	0.8888
PC1 Note Warrants [Member] | Measurement Input, Risk Free Interest Rate [Member]
Warrants, measurement input	0.0443	0.0486	0.0302
PC1 Note Warrants [Member] | Measurement Input, Share Price [Member]
Warrants, measurement input	4.39	2.64	5.33
PC1 Note Warrants [Member] | Measurement Input, Exercise Price [Member]
Warrants, measurement input	3	2.64	5.22

Note 9 - Senior Secured Revol_2

Note 9 - Senior Secured Revolving Line of Credit (Details Textual) - USD ($)			3 Months Ended		9 Months Ended
	Sep. 08, 2023	Jul. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jul. 31, 2023	Jun. 02, 2021
Promissory Note [Member]
Debt Instrument, Face Amount								$ 7,000,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity								$ 7,000,000
Debt Instrument, Interest Rate, Stated Percentage		2.50%
Line of Credit Facility, Interest Rate at Period End		11%
Long-Term Line of Credit			$ 7,000,000		$ 7,000,000
Interest Expense			$ 300,000	$ 200,000	$ 900,000	$ 600,000
Debt Instrument, Covenant, Deposits Held	$ 5,000,000						$ 8,000,000
Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility, Interest Rate at Period End	7%
Revolving Credit Facility [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%	2.50%

Note 10 - Related Party Trans_2

Note 10 - Related Party Transactions (Details Textual) - shares		1 Months Ended			3 Months Ended			9 Months Ended
	Sep. 08, 2023	Jul. 31, 2023	Apr. 30, 2023	Feb. 28, 2023	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2023	Mar. 31, 2023
Preferred Stock, Shares Outstanding (in shares)					18,604			18,604	16,177
Common Stock, Shares, Outstanding (in shares)					91,625,688			91,625,688	89,632,161
PodcastOne [Member]
Common Stock, Shares, Outstanding (in shares)	15,672,186
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	1,100,000
Chief Executive Officer [Member] | Preferred Stock Dividend [Member]
Stock Issued During Period, Shares, Issued for Services (in shares)	147,044
Series A Preferred Stock [Member]
Preferred Stock Dividends, Shares (in shares)								2,427
Series A Preferred Stock [Member] | Trinad Capital [Member]
Preferred Stock, Shares Outstanding (in shares)				6,177
Preferred Stock Dividends, Shares (in shares)		192	116
Preferred Stock [Member]
Preferred Stock Dividends, Shares (in shares)					1,374	1,053
Stock Issued During Period, Shares, Issued for Services (in shares)					0	0	0
Preferred Stock [Member] | Series A Preferred Stock [Member] | Trinad Capital [Member]
Conversion of Stock, Shares Converted (in shares)				6,177
Common Stock [Member]
Preferred Stock Dividends, Shares (in shares)					0	0
Stock Issued During Period, Shares, Issued for Services (in shares)					30,426	311,773	425,988
Common Stock [Member] | Trinad Capital [Member]
Conversion of Stock, Shares Converted (in shares)				200,000

Note 11 - Leases (Details Textu

Note 11 - Leases (Details Textual) $ in Millions	3 Months Ended		9 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	May 01, 2023	Dec. 22, 2020 ft²
Lessee, Operating Lease, Term of Contract (Year)					1 year
Lessee, Operating Lease, Discount Rate	8.50%		8.50%
Leases Under 12 Months [Member]
Operating Lease, Expense	$ 0.1	$ 0.1	$ 0.7	$ 0.2
Leases Over 12 Months [Member]
Operating Lease, Expense	$ 0.2	$ 0.2	$ 0.7	$ 0.2
Addison, Illinois Manufacturing Facility [Member]
Area of Real Estate Property (Square Foot) | ft²						55,120

Note 11 - Leases - Lease Cost (

Note 11 - Leases - Lease Cost (Details) - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Fixed rent cost	$ 615	$ 373
Short term lease cost	88	46
Total operating lease cost	703	$ 419
Operating lease right-of-use assets	175		$ 423
Lease liabilities, current	181		273
Operating lease liability, noncurrent	0		161
Total operating lease liabilities	$ 181		$ 434

Note 11 - Leases - Maturity of

Note 11 - Leases - Maturity of Lease Liability (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
2024 (remaining three months)	$ 65
2025	140
Total lease payments	205
Less: imputed interest	(24)
Present value of operating lease liabilities	$ 181	$ 434

Note 12 - Other Long-Term Lia_3

Note 12 - Other Long-Term Liabilities (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Accrued Royalties	$ 4,767	$ 3,788
Other Liabilities, Noncurrent	7,406	$ 9,578
Sound Exchange Settlement [Member]
Other Liabilities, Noncurrent	2,600
Reclassification of Accrued Royalties to Long Term [Member]
Accrued Royalties	$ 4,800

Note 12 - Other Long-Term Lia_4

Note 12 - Other Long-Term Liabilities - Schedule of Other Long-Term Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Contingent consideration from Gramophone acquisition	$ 0	$ 174
Accrued Royalties	4,767	3,788
Accrued legal	2,619	5,616
Other long-term liabilities	20	0
Total other long-term liabilities	$ 7,406	$ 9,578

Note 13 - Commitments and Con_2

Note 13 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands				1 Months Ended	3 Months Ended	9 Months Ended		12 Months Ended
	Aug. 04, 2022	Nov. 22, 2018	May 05, 2017	May 31, 2023	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2025	Mar. 31, 2022	Jun. 29, 2018	Apr. 10, 2018
Stock Issued During Period, Value, Settlement of Accrued Expenses					$ 945	$ 0	$ 945
Prepaid Royalties						100
Employee Retention Credit [Member]
Tax Credit Carryforward, Amount									$ 2,000
Income Tax Credits and Adjustments						1,000	$ 0
Schnaier Versus LiveXTickets, Inc. [Member]
Loss Contingency, Damages Sought, Value			$ 10,000
Gain (Loss) Related to Litigation Settlement		$ 150		$ 230
Statutory Interest Rate		9%								9%
Wantickets [Member] | Danco Enterprises, LLC [Member]
Equity Method Investment, Ownership Percentage											90%
Chief Executive Officer [Member]
Salaries Forgiven for Shares Annually						500
Agreements With Content Providers [Member]
Other Commitment, to be Paid, Remainder of Fiscal Year						3,800
Other Commitment, to be Paid, Year One						1,200
Other Commitment, to be Paid, Year Two						500
Other Commitment, to be Paid, Year Three						100
Settlement Agreement with A Certain Music Partner [Member]
Stock Issued During Period, Shares, Settlement of Accrued Expenses (in shares)	800,000
Increase (Decrease) in Accounts Payable	$ 400
Stock Issued During Period, Value, Settlement of Accrued Expenses	$ 1,000
Settlement Agreement with A Certain Music Partner [Member] | Forecast [Member]
Stock Issued During Period, Shares, Settlement of Accrued Expenses (in shares)								200,000
Employment Agreement With Two Executive Officers [Member]
Salary and Wage, Officer, Excluding Cost of Good and Service Sold						700
Officers Bonuses						700
Severance Costs						$ 10,500

Note 14 - Employee Benefit Pl_2

Note 14 - Employee Benefit Plan (Details Textual)	9 Months Ended
	Dec. 31, 2023
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	5%
Maximum [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	100%

Note 15 - Stockholders' Defic_2

Note 15 - Stockholders' Deficit (Details Textual) - USD ($)			3 Months Ended						4 Months Ended	9 Months Ended
	Sep. 08, 2023	Sep. 17, 2020	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023	Dec. 15, 2022	Dec. 01, 2022	Dec. 31, 2020	Mar. 31, 2016
Stock Authorized (in shares)			510,000,000						510,000,000	510,000,000
Common Stock, Shares Authorized (in shares)			500,000,000						500,000,000	500,000,000		500,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share)			$ 0.001						$ 0.001	$ 0.001		$ 0.001
Preferred Stock, Shares Authorized (in shares)			10,000,000						10,000,000	10,000,000		10,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)			$ 0.001						$ 0.001	$ 0.001		$ 0.001
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares)															2,000,000
Stock Repurchase Program, Increase in Authorized Amount														$ 2,000,000
Treasury Stock, Shares, Acquired (in shares)										1,101,498	2,000,000
Treasury Stock, Value, Acquired, Cost Method			$ 113,000	$ 575,000	$ 1,013,000		$ 941,000	$ 997,000		$ 1,700,000	$ 1,900,000
Temporary Equity, Carrying Amount, Attributable to Parent			4,933,000						$ 4,933,000	4,933,000		$ 4,827,000
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net										(4,132,000)	732,000
Preferred Stock, Value, Issued			18,604,000						18,604,000	$ 18,604,000		16,177,000
Stock Issued to Noncontrolling Owners (in shares)	4,300,000									3,200,000
Noncontrolling Interest, Increase from Sale of Parent Equity Interest	$ 1,500,000								2,500,000
Warrants Issued in Podcastone Common Stock and Reclassified to Equity [Member]
Warrants and Rights Outstanding			$ 5,900,000						$ 5,900,000	$ 5,900,000
PodcastOne [Member]
Subsidiary, Ownership Percentage, Noncontrolling Owner	21.64%		26.50%						26.50%	26.50%
The 2016 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		17,600,000														12,600,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized (in shares)		5,000,000
Share-Based Payment Arrangement, Expense			$ 2,300,000			$ 400,000				$ 5,800,000	$ 2,500,000
Share-Based Payment Arrangement, Expense, Tax Benefit			0			$ 0
Podcastone 2022 Equity Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)													2,000,000
Share-Based Payment Arrangement, Expense										$ 1,700,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)										779,060
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)										$ 4.39
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)										0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			$ 1,400,000						$ 1,400,000	$ 1,400,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)										1 year 1 month 20 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)										0
Series A Preferred Stock [Member]
Preferred Stock, Convertible, Conversion Price (in dollars per share)			$ 2.1						$ 2.1	$ 2.1
Preferred Stock, Dividend Rate, Percentage										12%
Preferred Stock, Maximum Redemption Amount			$ 5,000,000						$ 5,000,000	$ 5,000,000
Proceeds from Issuance of Mandatory Redeemable Capital Securities										$ 20,000,000
Accelerated Share Repurchases, Final Price Paid Per Share (in dollars per share)										$ 2.25
Shares Issued in Event of a Breach (in shares)			56,473						56,473	56,473
Temporary Equity, Carrying Amount, Attributable to Parent			$ 5,000,000						$ 5,000,000	$ 5,000,000
Embedded Derivative, Fair Value of Embedded Derivative Liability			200,000						200,000	200,000
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net			(200,000)							100,000
Derivative, Fair Value, Net			300,000						300,000	300,000		$ 400,000
Preferred Stock, Value, Issued			$ 16,200,000						$ 16,200,000	$ 16,200,000
Preferred Stock Dividends, Shares (in shares)										2,427

Note 16 - Business Segments a_3

Note 16 - Business Segments and Geographic Reporting (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Revenue from Contract with Customer, Excluding Assessed Tax	$ 31,245	$ 27,309	$ 87,541	$ 74,063
PodastOne Segment [Member]
Assets, Noncurrent	300		300
Slacker Segment [Member]
Assets, Noncurrent	2,800		2,800
Media Operations [Member]
Assets, Noncurrent	600		600
Original Equipment Manufacturer OEM [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 15,500	$ 11,400	$ 43,600	$ 32,100
Original Equipment Manufacturer OEM [Member] | Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk, Percentage			33%		24%

Note 16 - Business Segments a_4

Note 16 - Business Segments and Geographic Reporting - Results of Operations by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenue	$ 31,245	$ 27,309	$ 87,541	$ 74,063
Net loss	(2,224)	(2,548)	(10,666)	(4,609)
Operating Segments [Member] | PodcastOne [Member]
Revenue	10,442	8,589	31,595	25,802
Net loss	(2,600)	(2,078)	(13,683)	(3,016)
Operating Segments [Member] | Slacker [Member]
Revenue	16,838	13,363	48,331	38,137
Net loss	5,127	6,837	7,377	10,349
Operating Segments [Member] | Media Operations [Member]
Revenue	3,965	5,357	7,615	10,124
Net loss	(3,148)	(5,154)	136	(5,297)
Corporate, Non-Segment [Member]
Revenue	0	0	0	0
Net loss	$ (1,603)	$ (2,153)	$ (4,496)	$ (6,645)

Note 17 - Fair Value Measurem_3

Note 17 - Fair Value Measurements - Schedule of Assets and Liabilities Measured on Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Assets, fair value	$ 124	$ 140
Liabilities, fair value	279	3,698
Contingent Liabilities [Member]
Liabilities, fair value		174
Warrant Liability [Member]
Liabilities, fair value		1,860
Derivative Financial Instruments, Liabilities [Member] | Series A Preferred Stock [Member]
Liabilities, fair value	279	376
Derivative Financial Instruments, Liabilities [Member] | PC1 Notes [Member]
Liabilities, fair value		1,288
Fair Value, Inputs, Level 1 [Member]
Assets, fair value	124	140
Liabilities, fair value	0	0
Fair Value, Inputs, Level 1 [Member] | Contingent Liabilities [Member]
Liabilities, fair value		0
Fair Value, Inputs, Level 1 [Member] | Warrant Liability [Member]
Liabilities, fair value		0
Fair Value, Inputs, Level 1 [Member] | Derivative Financial Instruments, Liabilities [Member] | Series A Preferred Stock [Member]
Liabilities, fair value	0	0
Fair Value, Inputs, Level 1 [Member] | Derivative Financial Instruments, Liabilities [Member] | PC1 Notes [Member]
Liabilities, fair value		0
Fair Value, Inputs, Level 2 [Member]
Assets, fair value	0	0
Liabilities, fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Contingent Liabilities [Member]
Liabilities, fair value		0
Fair Value, Inputs, Level 2 [Member] | Warrant Liability [Member]
Liabilities, fair value		0
Fair Value, Inputs, Level 2 [Member] | Derivative Financial Instruments, Liabilities [Member] | Series A Preferred Stock [Member]
Liabilities, fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Derivative Financial Instruments, Liabilities [Member] | PC1 Notes [Member]
Liabilities, fair value		0
Fair Value, Inputs, Level 3 [Member]
Assets, fair value	0	0
Liabilities, fair value	279	3,698
Fair Value, Inputs, Level 3 [Member] | Contingent Liabilities [Member]
Liabilities, fair value		174
Fair Value, Inputs, Level 3 [Member] | Warrant Liability [Member]
Liabilities, fair value		1,860
Fair Value, Inputs, Level 3 [Member] | Derivative Financial Instruments, Liabilities [Member] | Series A Preferred Stock [Member]
Liabilities, fair value	279	376
Fair Value, Inputs, Level 3 [Member] | Derivative Financial Instruments, Liabilities [Member] | PC1 Notes [Member]
Liabilities, fair value		1,288
Prepaid Expenses [Member]
Assets, fair value	124	140
Prepaid Expenses [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, fair value	124	140
Prepaid Expenses [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, fair value	0	0
Prepaid Expenses [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, fair value	$ 0	$ 0

Note 17 - Fair Value Measurem_4

Note 17 - Fair Value Measurements - Reconciliation of Financial Liabilities Measured at Level 3 (Details) - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Conversion of warrant liability to non-controlling interest	$ (5,896)	$ 0
Change in fair value of contingent consideration liabilities, reported in earnings	174	$ (2,220)
Fair Value, Recurring [Member]
Balance	3,698
Balance	279
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Balance	3,698
Change in fair value of bifurcated embedded derivatives, reported in earnings	4,132
Conversion of embedded derivatives to equity	(1,481)
Conversion of warrant liability to non-controlling interest	(5,896)
Change in fair value of contingent consideration liabilities, reported in earnings	(174)
Balance	$ 279

Note 17 - Fair Value Measurem_5

Note 17 - Fair Value Measurements - Schedule of Assets and Liabilities on Nonrecurring Basis (Details) - Borrowings [Member] - PC1 Notes [Member] - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
PodcastOne bridge loan	$ 0	$ 4,726
Fair Value, Inputs, Level 1 [Member]
PodcastOne bridge loan	0	0
Fair Value, Inputs, Level 2 [Member]
PodcastOne bridge loan	0	0
Fair Value, Inputs, Level 3 [Member]
PodcastOne bridge loan	$ 0	$ 4,726