LiveOne, Inc. (LVO) Financial Statements (2024 and earlier)
Company Profile
Business Address |
9200 SUNSET BOULEVARD WEST HOLLYWOOD, CA 90069 |
State of Incorp. | DE |
Fiscal Year End | March 31 |
Industry (SIC) | 5812 - Eating Places (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 3/31/2023 | 12/31/2022 MRQ | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 8,409 | 8,253 | 12,894 | 18,635 | 5,702 | 13,704 | |||
Cash and cash equivalents | 8,409 | 8,253 | 12,894 | 18,635 | 5,702 | 13,704 | |||
Restricted cash and investments | 240 | 240 | 260 | 100 | 6,700 | 200 | |||
Receivables | 13,658 | 13,885 | 13,687 | 10,567 | 3,889 | 4,314 | |||
Inventory, net of allowances, customer advances and progress billings | 2,596 | 2,597 | 2,599 | 2,568 | |||||
Inventory | 2,596 | 2,597 | 2,599 | 2,568 | |||||
Prepaid expense | 100 | 100 | |||||||
Deferred costs | (100) | ||||||||
Other undisclosed current assets | 2,723 | 2,653 | 1,968 | 3,401 | 1,431 | 1,346 | |||
Total current assets: | 27,726 | 27,728 | 31,308 | 35,271 | 17,722 | 19,564 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 3,325 | 3,677 | 4,688 | 4,367 | 3,397 | 2,720 | |||
Intangible assets, net (including goodwill) | 34,414 | 34,658 | 40,099 | 45,087 | 32,870 | 9,672 | |||
Goodwill | 23,379 | 23,379 | 23,379 | 22,619 | 9,672 | 9,672 | |||
Intangible assets, net (excluding goodwill) | 11,035 | 11,279 | 16,720 | 22,468 | 23,198 | ||||
Other noncurrent assets | 423 | 507 | 728 | 1,044 | 26,943 | ||||
Other undisclosed noncurrent assets | 127 | ||||||||
Total noncurrent assets: | 38,162 | 38,842 | 45,515 | 50,498 | 36,394 | 39,335 | |||
TOTAL ASSETS: | 65,888 | 66,570 | 76,823 | 85,769 | 54,116 | 58,899 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 22,772 | 29,695 | 45,418 | 32,646 | 30,723 | 20,906 | |||
Employee-related liabilities | ✕ | ✕ | ✕ | 1,200 | |||||
Accounts payable | 10,960 | 18,278 | 5,067 | 18,541 | 26,703 | 18,316 | |||
Accrued liabilities | 11,539 | 5,430 | 15,505 | 13,786 | 3,938 | 2,519 | |||
Other undisclosed accounts payable and accrued liabilities | 273 | 5,987 | 23,646 | 319 | 82 | 71 | |||
Deferred revenue | 992 | 989 | 1,157 | ✕ | |||||
Debt | 4,741 | 3,789 | 12 | 4,705 | 2,720 | 2,111 | |||
Derivative instruments and hedges, liabilities | 3,148 | 2,393 | |||||||
Customer refund liability | 100 | 100 | |||||||
Other undisclosed current liabilities | 12,726 | 10,456 | 13,530 | 13,611 | 14,351 | 11,183 | |||
Total current liabilities: | 44,479 | 47,422 | 60,117 | 50,962 | 47,794 | 34,200 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 7,148 | 30,879 | 7,923 | 6,505 | 10,284 | ||||
Long-term debt, excluding current maturities | 7,148 | 30,879 | 7,923 | 6,505 | 10,284 | ||||
Liabilities, other than long-term debt | 10,447 | 242 | 13,650 | 3,937 | |||||
Deferred income tax liabilities | 332 | ✕ | |||||||
Due to related parties | ✕ | 13,650 | 3,937 | ||||||
Other liabilities | 9,578 | ||||||||
Operating lease, liability | 161 | 242 | ✕ | ||||||
Derivative instruments and hedges, liabilities | 376 | ||||||||
Other undisclosed noncurrent liabilities | 338 | 13,972 | 14,811 | 6,947 | 4,952 | ||||
Total noncurrent liabilities: | 17,595 | 31,459 | 27,622 | 26,671 | 13,452 | 15,236 | |||
Total liabilities: | 62,074 | 78,881 | 87,739 | 77,633 | 61,246 | 49,436 | |||
Temporary equity, carrying amount | 4,827 | ||||||||
Equity | |||||||||
Equity, attributable to parent | (1,013) | (12,311) | (10,916) | 8,136 | (7,130) | 9,463 | |||
Preferred stock | 16,177 | ||||||||
Common stock | 90 | 88 | 83 | 77 | 59 | 52 | |||
Treasury stock, value | (2,162) | (1,938) | |||||||
Additional paid in capital | 209,151 | 208,001 | 202,854 | 178,000 | 120,932 | 98,605 | |||
Accumulated deficit | (224,269) | (218,462) | (213,853) | (169,941) | (128,121) | (89,194) | |||
Equity, attributable to noncontrolling interest | |||||||||
Total equity: | (1,013) | (12,311) | (10,916) | 8,136 | (7,130) | 9,463 | |||
TOTAL LIABILITIES AND EQUITY: | 65,888 | 66,570 | 76,823 | 85,769 | 54,116 | 58,899 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 3/31/2023 | 12/31/2022 TTM | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
---|---|---|---|---|---|---|---|---|
Other undisclosed income before gain (loss) on sale of properties | ✕ | ✕ | 43,729 | ✕ | ✕ | |||
Revenues | 99,611 | 146,893 | 117,019 | 65,230 | 38,659 | 33,701 | ||
Cost of revenue | (66,782) | (48,486) | (200) | (31,171) | ||||
Cost of goods and services sold | (200) | |||||||
Other undisclosed gross profit | 200 | |||||||
Gross profit: | 32,829 | 98,607 | 117,019 | 65,030 | 38,659 | 2,530 | ||
Operating expenses | (33,657) | (115,685) | (154,872) | (94,600) | (74,654) | (67,595) | ||
Other undisclosed operating income (loss) | (1,356) | (1,556) | 200 | 31,171 | ||||
Operating income (loss): | (2,184) | (18,634) | (37,853) | (29,370) | (35,995) | (33,894) | ||
Nonoperating expense | (7,770) | (3,219) | (5,876) | (12,795) | (3,124) | (3,650) | ||
Other nonoperating income (expense) | 605 | 2,323 | (542) | (2,312) | 614 | (377) | ||
Interest and debt expense | (600) | 4,688 | 3,800 | |||||
Income (loss) from continuing operations before equity method investments, income taxes: | (10,554) | (17,165) | (39,929) | (42,165) | (39,119) | (37,544) | ||
Loss from equity method investments | (42,165) | (39,119) | (37,544) | |||||
Other undisclosed income (loss) from continuing operations before income taxes | 600 | 1,189 | (3,800) | 42,165 | 39,119 | 37,544 | ||
Income (loss) from continuing operations before income taxes: | (9,954) | (15,976) | (43,729) | (42,165) | (39,119) | (37,544) | ||
Income tax expense (benefit) | (65) | (6,093) | (183) | 345 | 192 | (218) | ||
Other undisclosed income from continuing operations | 44,095 | 44,095 | ||||||
Income (loss) from continuing operations: | (10,019) | 22,026 | 183 | (41,820) | (38,927) | (37,762) | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 68,303 | 43,912 | (41,820) | (38,927) | (37,762) | |
Income from discontinued operations | 43,729 | |||||||
Other undisclosed net loss | (87,824) | (87,824) | ||||||
Net income (loss): | (10,019) | (22,069) | (43,912) | (41,820) | (38,927) | (37,762) | ||
Net income (loss) attributable to noncontrolling interest | (43,900) | (41,800) | ||||||
Other undisclosed net income attributable to parent | 43,900 | 41,800 | ||||||
Net income (loss) attributable to parent: | (10,019) | (22,069) | (43,912) | (41,820) | (38,927) | (37,762) | ||
Other undisclosed net loss available to common stockholders, basic | ||||||||
Net income (loss) available to common stockholders, diluted: | (10,019) | (22,069) | (43,912) | (41,820) | (38,927) | (37,762) |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 3/31/2023 | 12/31/2022 TTM | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
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Net income (loss): | (10,019) | (22,069) | (43,912) | (41,820) | (38,927) | (37,762) | ||
Other comprehensive income | 2,200 | |||||||
Comprehensive income (loss): | (10,019) | (19,869) | (43,912) | (41,820) | (38,927) | (37,762) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (43,900) | (41,800) | ||||||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (43,900) | |||||||
Comprehensive income (loss), net of tax, attributable to parent: | (10,019) | (63,769) | (87,812) | (83,620) | (38,927) | (37,762) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.