PodcastOne Files 8-K on Financials and Disclosures
Ticker: PODC · Form: 8-K · Filed: Jul 16, 2024 · CIK: 1940177
Sentiment: neutral
Topics: financial-condition, regulation-fd, filing-update
TL;DR
PodcastOne dropped an 8-K on financials & Reg FD stuff. Check it for deets.
AI Summary
PodcastOne, Inc. filed an 8-K on July 16, 2024, to report on its results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements. The filing does not contain specific financial figures or details about the nature of the disclosures.
Why It Matters
This filing indicates that PodcastOne is providing updates on its financial performance and making important disclosures to the public, which could impact investor understanding of the company's current standing.
Risk Assessment
Risk Level: medium — The filing is an 8-K, which typically contains material information, but the lack of specific details in the provided text makes it difficult to assess the immediate financial impact or risk.
Key Players & Entities
- PodcastOne, Inc. (company) — Registrant
- Courtside Group, Inc. (company) — Former Company Name
- July 16, 2024 (date) — Date of earliest event reported
FAQ
What specific financial results or conditions are being reported by PodcastOne, Inc. in this 8-K filing?
The provided text for the 8-K filing indicates that it pertains to 'Results of Operations and Financial Condition' but does not specify the actual financial figures or details of these results.
What is the nature of the Regulation FD Disclosure mentioned in the filing?
The filing states it includes 'Regulation FD Disclosure,' but the specific content or nature of this disclosure is not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on July 16, 2024.
What was PodcastOne, Inc. formerly known as?
PodcastOne, Inc. was formerly known as Courtside Group, Inc.
What are the business and mailing addresses for PodcastOne, Inc. as listed in the filing?
The business and mailing addresses for PodcastOne, Inc. are listed as 269 South Beverly Drive, Suite 1450, Beverly Hills, CA 90212.
Filing Stats: 806 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2024-07-16 16:30:25
Key Financial Figures
- $0.00001 — nge on which registered Common stock, $0.00001 par value per share PODC The NASDAQ
Filing Documents
- ea0209517-8k_podcast.htm (8-K) — 30KB
- ea020951701ex99-1_podca.htm (EX-99.1) — 13KB
- 0001213900-24-061795.txt ( ) — 220KB
- podc-20240716.xsd (EX-101.SCH) — 3KB
- podc-20240716_lab.xml (EX-101.LAB) — 33KB
- podc-20240716_pre.xml (EX-101.PRE) — 22KB
- ea0209517-8k_podcast_htm.xml (XML) — 4KB
02 Results of Operations
Item 2.02 Results of Operations and Financial Condition. On July 16, 2024, PodcastOne, Inc. (the "Company") issued a press release announcing certain preliminary financial results for its fiscal quarter ended June 30, 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 ended June 30, 2024. Such press release contains certain estimated preliminary unaudited financial results for the fiscal quarter ended June 30, 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 ended June 30, 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. All of the estimated preliminary unaudited financial information set forth in such press release has been prepared by and is the responsibility of the Company's management and has not been audited, reviewed or compiled by the Company's independent registered public accounting firm, Ma
01 Regulation
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
Item 9.01 Financial (d) Exhibits: Exhibit No. Description 99.1* Press release, dated July 16, 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. PODCASTONE, INC. Dated: July 16, 2024 By: /s/ Aaron Sullivan Name: Aaron Sullivan Title: Chief Financial Officer 2