LiveOne, Inc. (LVO) financial statements (2022 and earlier)

Company profile

Business Address 9200 SUNSET BOULEVARD
WEST HOLLYWOOD, CA 90069
State of Incorp. DE
Fiscal Year End March 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12,39618,6355,70213,70410,2851,47737
Cash and cash equivalents12,39618,6355,70213,70410,2851,47737
Restricted cash and investments3001006,7002003,700  
Receivables17,86810,5673,8894,3142,990  
Inventory, net of allowances, customer advances and progress billings2,8972,568     
Inventory2,8972,568     
Prepaid expense     2216
Other undisclosed current assets2,0753,4011,4311,3461,744  
Total current assets:35,53635,27117,72219,56418,7191,49953
Noncurrent Assets
Property, plant and equipment4,7524,3673,3972,7203935763
Long-term investments and receivables      5,103
Long-term investments      4,890
Due from related parties      213
Intangible assets, net (including goodwill)41,55345,08732,8709,6725,377  
Goodwill23,38022,6199,6729,6725,377  
Intangible assets, net (excluding goodwill)18,17322,46823,198    
Other noncurrent assets8021,044 26,94343,499  
Other undisclosed noncurrent assets  127 39  
Total noncurrent assets:47,10750,49836,39439,33549,308575,165
TOTAL ASSETS:82,64385,76954,11658,89968,0271,5565,218
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:43,40032,64630,72320,90612,207542481
Accounts payable27,19618,54126,70318,31610,996  
Accrued liabilities15,93113,7863,9382,5191,158  
Interest and dividends payable      233
Other undisclosed accounts payable and accrued liabilities273319827153542249
Debt1414,7052,7202,1116,462277262
Due to related parties     3,603117
Deferred revenue and credits1,046  
Other undisclosed current liabilities14,33013,61114,35111,1835,9673074,017
Total current liabilities:57,87150,96247,79434,20025,6824,7304,877
Noncurrent Liabilities
Long-term debt and lease obligation19,4967,9236,50510,2843,948232110
Long-term debt, excluding current maturities19,4967,9236,50510,2843,948232110
Liabilities, other than long-term debt6,9653,937     
Due to related parties 3,937     
Other liabilities6,965      
Other undisclosed noncurrent liabilities1,15614,8116,9474,952   
Total noncurrent liabilities:27,61726,67113,45215,2363,948232110
Total liabilities:85,48877,63361,24649,43629,6304,9624,988
Stockholders' equity
Stockholders' equity attributable to parent(2,845)8,136(7,130)9,46338,397(3,406)231
Common stock817759525110446
Additional paid in capital202,093178,000120,93298,60589,77824,58614,031
Accumulated deficit(205,019)(169,941)(128,121)(89,194)(51,432)(28,096)(13,846)
Total stockholders' equity:(2,845)8,136(7,130)9,46338,397(3,406)231
TOTAL LIABILITIES AND EQUITY:82,64385,76954,11658,89968,0271,5565,218

Income statement (P&L) ($ in thousands)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues130,03665,23038,65933,7017,195225 
Revenue, net6,459  
Cost of revenue24,904(200) (31,171)(6,694)  
Cost of goods and services sold (200)     
Gross profit:154,94065,03038,6592,530501225 
Operating expenses(160,894)(94,600)(74,654)(67,595)(22,072)(5,710)(3,979)
Other undisclosed operating income (loss)(24,904)200 31,1716,694  
Operating loss:(30,858)(29,370)(35,995)(33,894)(14,877)(5,485)(3,979)
Nonoperating income (expense)(16,026)(12,795)(3,124)(3,650)(4,137)(8,765)232
Investment income, nonoperating     (2,657) 
Other nonoperating income (expense)(3,253)(2,312)614(377) 7232
Interest and debt expense4,300      
Loss from continuing operations before equity method investments, income taxes:(42,584)(42,165)(39,119)(37,544)(19,014)(14,250)(3,747)
Loss from equity method investments (42,165)(39,119)(37,544)(23,330)  
Other undisclosed income (loss) from continuing operations before income taxes(4,300)42,16539,11937,54423,330  
Loss from continuing operations before income taxes:(46,884)(42,165)(39,119)(37,544)(19,014)(14,250)(3,747)
Income tax expense (benefit)34345192(218)(6)  
Other undisclosed income from continuing operations345      
Loss from continuing operations:(46,505)(41,820)(38,927)(37,762)(19,020)(14,250)(3,747)
Loss from discontinued operations    (4,316)  
Net loss:(46,505)(41,820)(38,927)(37,762)(23,336)(14,250)(3,747)
Net income (loss) attributable to noncontrolling interest8,100(41,800)     
Other undisclosed net income (loss) attributable to parent(8,100)41,800    0
Net loss available to common stockholders, diluted:(46,505)(41,820)(38,927)(37,762)(23,336)(14,250)(3,747)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net loss:(46,505)(41,820)(38,927)(37,762)(23,336)(14,250)(3,747)
Comprehensive loss:(46,505)(41,820)(38,927)(37,762)(23,336)(14,250)(3,747)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest8,100(41,800)     
Other undisclosed comprehensive loss, net of tax, attributable to parent(41,800)      
Comprehensive loss, net of tax, attributable to parent:(80,205)(83,620)(38,927)(37,762)(23,336)(14,250)(3,747)

Statements sources

The financial statements are based on the company's filings with the 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.

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