LiveOne, Inc.
5.26-0.05 (-0.94%)
Oct 29, 4:00:01 PM EDT · NasdaqCM · LVO · USD
Key Stats
Market Cap
60.71MP/E (TTM)
-Basic EPS (TTM)
-2.30Dividend Yield
0%Recent Filings
8-K
Nasdaq delisting appeal filed
LiveOne, Inc. received a Nasdaq delisting notice on September 25, 2025, for failing to meet the $1.00 minimum bid price rule by the deadline, compounded by insufficient stockholders' equity for an extension. The company appealed the decision, staying delisting, and executed a one-for-ten reverse stock split on September 26, 2025, to boost share price. It plans to present a compliance strategy to the Nasdaq Hearings Panel. Success hinges on Panel approval; failure risks Nasdaq removal.
8-K
Board appoints audit chair
LiveOne's board appointed director Jay Krigsman as Audit Committee Chairman effective September 5, 2025, confirming his independence under Nasdaq rules. At the September 8 annual meeting, all seven directors were re-elected, shareholders approved a flexible reverse stock split (1-for-3 to 1-for-10) and ratified Macias Gini & O'Connell as auditors for fiscal 2026. This strengthens governance amid potential share restructuring. No other matters arose.
10-Q
Q1 FY2026 results
LiveOne's Q1 FY2026 revenue fell 42% y/y to $19.2M, driven by an 82% drop in membership services to $3.3M after the OEM subsidy ended, yet advertising climbed 15% to $15.1M on barter gains. Operating loss widened to $4.0M from $0.8M, with gross margin slipping to 12% amid higher production costs, while net loss hit $3.9M versus $1.6M last year—net exceeding operating by 4% due to interest expense. Cash swelled to $11.9M after $15.2M from convertible notes, retiring the line of credit; free cash flow not disclosed in the 10-Q. In May 2025, closed $15.3M debentures (11.75% rate, matures 2028) for working capital. PodcastOne revenue rose 14% y/y to $15.0M. Reliance on a single OEM for potential conversions poses conversion risk.
8-K
LiveOne Q1 revenue drops, cuts liabilities
LiveOne reported Q1 fiscal 2026 revenue of $19.2 million, down from $33.1 million last year due to Slacker declines, yet slashed short-term liabilities by $14.1 million through a 31% staff cut to 95 employees. Key wins include a $16.5 million three-year Amazon deal via PodcastOne and a $10.2 million equity raise for Bitcoin and Web3 pushes, while PodcastOne hit record $15 million revenue. Momentum builds with TV show sales and live events, but Adjusted EBITDA swung to a $1.8 million loss. Risks loom from crypto volatility and debt covenants.
8-K
LiveOne amends debentures for crypto buys
LiveOne amended its May 2025 OID senior secured convertible debentures on August 5, 2025, allowing the company to buy Bitcoin, Solana, or Ethereum up to agreed amounts under investment guidelines, while retaining managers for yield strategies. This enables LiveOne's crypto treasury push, with purchasers holding a security interest in assets. Terms otherwise unchanged. Purchasers secure the crypto.
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