LiveOne, Inc. Files 8-K on Financials
Ticker: LVO · Form: 8-K · Filed: Apr 22, 2024 · CIK: 1491419
Sentiment: neutral
Topics: financial-condition, results-of-operations, regulation-fd
TL;DR
LiveOne dropped an 8-K on April 22nd detailing their financials. Check it out.
AI Summary
LiveOne, Inc. filed an 8-K on April 22, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements. The company was formerly known as LiveXLive Media, Inc. and Loton, Corp.
Why It Matters
This 8-K filing provides crucial updates on LiveOne's financial performance and operational status, which can influence investor decisions.
Risk Assessment
Risk Level: medium — 8-K filings can contain significant financial and operational updates that may impact a company's stock price.
Key Players & Entities
- LiveOne, Inc. (company) — Registrant
- April 22, 2024 (date) — Date of earliest event reported
- LiveXLive Media, Inc. (company) — Former company name
- Loton, Corp (company) — Former company name
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on LiveOne, Inc.'s results of operations and financial condition, along with Regulation FD disclosures and financial statements.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on April 22, 2024.
What were LiveOne, Inc.'s previous names?
LiveOne, Inc. was formerly known as LiveXLive Media, Inc. and Loton, Corp.
In which state is LiveOne, Inc. incorporated?
LiveOne, Inc. is incorporated in Delaware.
What is the business address of LiveOne, Inc.?
The business address of LiveOne, Inc. is 269 South Beverly Drive, Suite 1450, Beverly Hills, CA 90212.
Filing Stats: 911 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2024-04-22 16:30:11
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value per share LVO The NASDAQ
Filing Documents
- ea0204399-8k_liveone.htm (8-K) — 30KB
- ea020439901ex99-1_liveone.htm (EX-99.1) — 20KB
- 0001213900-24-034939.txt ( ) — 227KB
- lvo-20240422.xsd (EX-101.SCH) — 3KB
- lvo-20240422_lab.xml (EX-101.LAB) — 33KB
- lvo-20240422_pre.xml (EX-101.PRE) — 22KB
- ea0204399-8k_liveone_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On April 22, 2024, LiveOne, Inc. (the "Company") issued a press release announcing certain preliminary financial results for its fiscal quarter and fiscal year ended March 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1. The Company is in the process of finalizing its results for its fiscal quarter and fiscal year ended March 31, 2024. Such press release contains certain estimated preliminary unaudited financial results for the fiscal quarter and fiscal year ended March 31, 2024, which are based only on currently available information as of the date hereof. These results are preliminary and subject to change. The Company's financial closing procedures for the fiscal quarter and fiscal year ended March 31, 2024 are not yet complete and, as a result, its final results upon completion of its closing procedures may vary from the estimated select preliminary unaudited results set forth in such press release. In addition, certain statements set forth in such press release are forward-looking statements. See "Risk Factors," "Forward-Looking Statements" and the Company's financial statements and related notes included in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q for additional information regarding factors that could result in differences between the preliminary estimated financial results that are presented in such press release and the actual financial results the Company will report. These estimates should not be viewed as a substitute for the Company's full financial statements prepared in accordance with generally accepted accounting principles ("GAAP"). Accordingly, you should not place undue reliance on these preliminary unaudited results. Additionally, the estimates reported in such press release include the presentation of EBITDA, which is a non-GAAP financial measure. In addition to reporting the Company's financial information using GAAP, management b
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The information described under Item 2.02 above is incorporated by reference in this Item 7.01.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1* Press release, dated April 22, 2024. 104* Cover Page Interactive Data File (embedded within the Inline XBRL document) * Furnished herewith. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIVEONE, INC. Dated: April 22, 2024 By: /s/ Aaron Sullivan Name: Aaron Sullivan Title: Chief Financial Officer 2