2022 Q3 Form 10-Q Financial Statement

#000121390022048169 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $23.53M $23.22M $23.43M
YoY Change 7.33% -40.1% 11.37%
Cost Of Revenue $13.74M $15.38M $18.33M
YoY Change -14.39% -50.28% 11.32%
Gross Profit $9.790M $7.840M $5.107M
YoY Change 66.7% 0.17% 11.56%
Gross Profit Margin 41.6% 33.76% 21.79%
Selling, General & Admin $6.837M $4.575M $9.542M
YoY Change -41.31% -67.61% 8.04%
% of Gross Profit 69.84% 58.35% 186.84%
Research & Development $1.240M $1.617M $1.364M
YoY Change -16.78% -24.97% -38.5%
% of Gross Profit 12.67% 20.63% 26.71%
Depreciation & Amortization $2.700M $900.0K $2.394M
YoY Change 11.8% 0.0% -0.33%
% of Gross Profit 27.58% 11.48% 46.88%
Operating Expenses $8.077M $6.192M $13.27M
YoY Change -48.02% -61.97% -1.02%
Operating Profit -$987.0K $237.0K -$8.161M
YoY Change -89.79% -102.38% -7.55%
Interest Expense -$2.576M -$997.0K -$943.0K
YoY Change 141.2% -5.94% -21.81%
% of Operating Profit -420.68%
Other Income/Expense, Net -$2.393M $1.108M -$14.00K
YoY Change 1259.66% -41.99% -99.3%
Pretax Income -$29.00K $1.345M -$8.619M
YoY Change -99.81% -116.71% -45.16%
Income Tax $3.380M -$3.000K $215.0K
% Of Pretax Income -0.22%
Net Earnings -$3.409M $1.348M -$8.834M
YoY Change -77.63% -116.74% -42.52%
Net Earnings / Revenue -14.49% 5.8% -37.7%
Basic Earnings Per Share -$0.04 $0.02
Diluted Earnings Per Share -$0.04 $0.02 -$106.0K
COMMON SHARES
Basic Shares Outstanding 84.29M shares 82.07M shares
Diluted Shares Outstanding 84.71M shares 82.13M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.151M $11.09M $12.89M
YoY Change -56.6% -54.89% -30.81%
Cash & Equivalents $7.151M $11.09M $12.89M
Short-Term Investments
Other Short-Term Assets $3.109M $1.948M $2.128M
YoY Change -56.33% -37.74% -39.22%
Inventory $2.201M $2.718M $2.599M
Prepaid Expenses
Receivables $12.96M $12.71M $13.69M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $25.42M $28.47M $31.31M
YoY Change -38.83% -33.56% -11.24%
LONG-TERM ASSETS
Property, Plant & Equipment $4.091M $4.555M $4.688M
YoY Change -26.63% -18.27% 7.35%
Goodwill $23.38M $23.38M $23.38M
YoY Change
Intangibles $12.62M $15.32M $16.72M
YoY Change
Long-Term Investments
YoY Change
Other Assets $579.0K $655.0K $728.0K
YoY Change -30.27%
Total Long-Term Assets $40.67M $43.91M $45.52M
YoY Change -15.31% -11.36% -9.87%
TOTAL ASSETS
Total Short-Term Assets $25.42M $28.47M $31.31M
Total Long-Term Assets $40.67M $43.91M $45.52M
Total Assets $66.09M $72.38M $76.82M
YoY Change -26.22% -21.66% -10.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.04M $23.53M $29.64M
YoY Change -9.05% 23.46% 59.86%
Accrued Expenses $9.193M $12.50M $15.51M
YoY Change -68.39% -60.44% -41.39%
Deferred Revenue
YoY Change
Short-Term Debt $2.949M $0.00 $0.00
YoY Change
Long-Term Debt Due $315.0K $13.00K $12.00K
YoY Change -86.25% -99.48% -99.74%
Total Short-Term Liabilities $44.79M $54.19M $60.12M
YoY Change -24.31% -1.44% 17.96%
LONG-TERM LIABILITIES
Long-Term Debt $26.18M $27.05M $26.64M
YoY Change -1.04% 7.31% 37.1%
Other Long-Term Liabilities $4.928M $569.0K $642.0K
YoY Change 315.16% -89.73%
Total Long-Term Liabilities $31.11M $27.62M $27.28M
YoY Change 12.54% -10.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $44.79M $54.19M $60.12M
Total Long-Term Liabilities $31.11M $27.62M $27.28M
Total Liabilities $76.24M $82.15M $87.74M
YoY Change -12.33% -4.33% 13.02%
SHAREHOLDERS EQUITY
Retained Earnings -$215.9M -$212.5M -$213.9M
YoY Change
Common Stock $88.00K $83.00K $83.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.938M $997.0K
YoY Change
Treasury Stock Shares
Shareholders Equity -$10.15M -$9.777M -$10.92M
YoY Change
Total Liabilities & Shareholders Equity $66.09M $72.38M $76.82M
YoY Change -26.22% -21.66% -10.43%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$3.409M $1.348M -$8.834M
YoY Change -77.63% -116.74% -42.52%
Depreciation, Depletion And Amortization $2.700M $900.0K $2.394M
YoY Change 11.8% 0.0% -0.33%
Cash From Operating Activities -$6.771M -$26.00K $1.103M
YoY Change -13.34% -103.13% -370.34%
INVESTING ACTIVITIES
Capital Expenditures -$493.0K $773.0K -$857.0K
YoY Change -47.5% -24.07% -12.55%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$493.0K -$785.0K -$857.0K
YoY Change -47.5% -28.83% -12.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $997.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.309M -$997.0K 252.0K
YoY Change 323.69% -116.05% -90.19%
NET CHANGE
Cash From Operating Activities -6.771M -$26.00K 1.103M
Cash From Investing Activities -493.0K -$785.0K -857.0K
Cash From Financing Activities 3.309M -$997.0K 252.0K
Net Change In Cash -3.955M -$1.808M 498.0K
YoY Change -50.38% -130.44% -57.87%
FREE CASH FLOW
Cash From Operating Activities -$6.771M -$26.00K $1.103M
Capital Expenditures -$493.0K $773.0K -$857.0K
Free Cash Flow -$6.278M -$799.0K $1.960M
YoY Change -8.67% 329.57% 242.66%

Facts In Submission

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IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2021Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5097000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26000 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
832000 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
773000 usd
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1018000 usd
CY2022Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
12000 usd
CY2021Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
85000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2021Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
322000 usd
CY2021Q2 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6000000 usd
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
997000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-997000 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6210000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1808000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
5939000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13154000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18770000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11346000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24709000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
320000 usd
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
319000 usd
CY2022Q2 lvo Fair Value Of Options Issued To Employees Capitalized As Internallydeveloped Software
FairValueOfOptionsIssuedToEmployeesCapitalizedAsInternallydevelopedSoftware
26000 usd
CY2021Q2 lvo Fair Value Of Options Issued To Employees Capitalized As Internallydeveloped Software
FairValueOfOptionsIssuedToEmployeesCapitalizedAsInternallydevelopedSoftware
94000 usd
CY2022Q2 lvo Fair Value Of Shares Of Common Stock Issued
FairValueOfSharesOfCommonStockIssued
60000 shares
CY2021Q2 lvo Fair Value Of Shares Of Common Stock Issued
FairValueOfSharesOfCommonStockIssued
60000 shares
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11300000 usd
CY2022Q2 lvo Contract With Customer Refund Liabilities
ContractWithCustomerRefundLiabilities
100000 usd
CY2022Q2 lvo Net Loss
NetLoss
1300000 usd
CY2022Q2 lvo Working Capital Deficiency
WorkingCapitalDeficiency
25700000 usd
CY2022Q2 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
150000000 usd
CY2022Q2 us-gaap Derivative Variable Interest Rate
DerivativeVariableInterestRate
1 pure
CY2022Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1200000 usd
CY2022Q2 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Use of Estimates</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of the Company’s condensed consolidated financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Significant items subject to such estimates and assumptions include revenue, allowance for doubtful accounts, inventory calculations and reserves, the assigned value of acquired assets and assumed and contingent liabilities associated with business combinations and the related purchase price allocation, useful lives and impairment of property and equipment, intangible assets, goodwill and other assets, the fair value of the Company’s equity-based compensation awards and convertible debt and debenture instruments, fair values of derivatives, and contingencies. Actual results could differ materially from those estimates. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. Given the overall uncertainty surrounding the COVID-19 pandemic, there is a reasonable possibility that actual results could differ from those estimates and such differences could be material to the financial position and results of operations, specifically in assessing when the collectability of revenue related consideration is probable, and the impairment assessment of goodwill, indefinite lived assets or long-lived assets that are depreciated or amortized.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q2 lvo Advertising Barter Transactions Advertising Barter Cost
AdvertisingBarterTransactionsAdvertisingBarterCost
1300000 usd
CY2021Q2 lvo Advertising Barter Transactions Advertising Barter Cost
AdvertisingBarterTransactionsAdvertisingBarterCost
1500000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecrease
3152874 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecrease
3901124 shares
CY2022Q2 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
82072822 shares
CY2022Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
12714000 usd
CY2022Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
13687000 usd
CY2021Q2 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
76982057 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
53800 shares
CY2022Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
82126622 shares
CY2021Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
76982057 shares
CY2022Q2 us-gaap Restricted Cash
RestrictedCash
300000 usd
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
300000 usd
CY2022Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
13628000 usd
CY2022Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
14404000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
914000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
717000 usd
CY2022Q2 lvo Subscription Services Revenues
SubscriptionServicesRevenues
12082000 usd
CY2021Q2 lvo Subscription Services Revenues
SubscriptionServicesRevenues
9084000 usd
CY2022Q2 lvo Advertising
Advertising
8942000 usd
CY2021Q2 lvo Advertising
Advertising
7937000 usd
CY2022Q2 lvo Merchandise
Merchandise
1849000 usd
CY2021Q2 lvo Merchandise
Merchandise
3660000 usd
CY2022Q2 lvo Sponsorship And Licensing
SponsorshipAndLicensing
114000 usd
CY2021Q2 lvo Sponsorship And Licensing
SponsorshipAndLicensing
5136000 usd
CY2022Q2 lvo Ticketevent
Ticketevent
235000 usd
CY2022Q1 us-gaap Loans Payable
LoansPayable
3100000 usd
CY2021Q2 us-gaap Loans Payable
LoansPayable
2500000 usd
CY2022Q2 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration:underline">Concentration of Credit Risk</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company maintains cash balances at commercial banks. Cash balances commonly exceed the $250,000 amount insured by the Federal Deposit Insurance Corporation. The Company has not experienced any losses in such accounts, and management believes that the Company is not exposed to any significant credit risk with respect to such cash and cash equivalents.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2021Q2 lvo Ticketevent
Ticketevent
12950000 usd
CY2022Q2 us-gaap Regulated Operating Revenue Steam
RegulatedOperatingRevenueSteam
23222000 usd
CY2021Q2 us-gaap Regulated Operating Revenue Steam
RegulatedOperatingRevenueSteam
38767000 usd
CY2022Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
400000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
2200000 usd
CY2020Q3 lvo Contingent Fair Value
ContingentFairValue
1100000 usd
CY2020Q3 lvo Fair Value Of Credit Yield Percentage
FairValueOfCreditYieldPercentage
0.219 pure
CY2021Q1 lvo Common Stock Exceed
CommonStockExceed
5
CY2022Q2 us-gaap Shares Issued
SharesIssued
414137 shares
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1157000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-506000 usd
CY2022Q2 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
330000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
981000 usd
CY2021Q4 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
79365 shares
CY2021Q4 lvo Common Stock Fair Value
CommonStockFairValue
100000 usd
CY2021Q4 lvo Fair Value Input Discount For Lack Of Marketability
FairValueInputDiscountForLackOfMarketability
0.25 pure
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
200000 usd
CY2021Q4 lvo Business Combination Cash Consideration
BusinessCombinationCashConsideration
200000 usd
CY2022Q2 lvo Market Price Of Common Stock Description
MarketPriceOfCommonStockDescription
If, during the period commencing after May 7, 2020 and ending on July 1, 2022, for five consecutive trading days the closing market price of the Company’s common stock exceeds $5.00 per share, an additional aggregate payment of $3.0 million in cash shall be paid to the sellers of PodcastOne in accordance with their respective pro rata percentage within five business days of the second anniversary of the closing date (July 1, 2022).
CY2022Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
4000000 usd
CY2022Q2 us-gaap Premiums Receivable Gross
PremiumsReceivableGross
4200000 usd
CY2022Q2 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
200000 usd
CY2020Q4 lvo Fair Value Input Discount For Lack Of Marketability
FairValueInputDiscountForLackOfMarketability
0.25 pure
CY2022Q2 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
600000 usd
CY2021Q3 lvo Restricted Common Stock
RestrictedCommonStock
214475 shares
CY2021Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
39031000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
7974000 usd
CY2021Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.1
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20812000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20040000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16257000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15352000 usd
CY2022Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
4555000 usd
CY2022Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
4688000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
900000 usd
CY2021Q2 us-gaap Depreciation
Depreciation
900000 usd
CY2022Q1 us-gaap Goodwill Gross
GoodwillGross
23379000 usd
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
23379000 usd
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4637000 usd
CY2022Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4637000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
38406000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27722000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10684000 usd
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
38394000 usd
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26311000 usd
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12083000 usd
CY2022Q2 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
1400000 usd
CY2021Q2 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
1500000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3136000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1074000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1074000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1074000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1074000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3252000 usd
CY2022Q2 lvo Goodwilland Intangible Assets
GoodwillandIntangibleAssets
10684000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
23527000 usd
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
29640000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12501000 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
15505000 usd
CY2022Q2 lvo Lease Liabilities Current
LeaseLiabilitiesCurrent
273000 usd
CY2022Q1 lvo Lease Liabilities Current
LeaseLiabilitiesCurrent
273000 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
36301000 usd
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
45418000 usd
CY2022Q2 lvo Notes Payable One
NotesPayableOne
161000 usd
CY2022Q1 lvo Notes Payable One
NotesPayableOne
160000 usd
CY2022Q2 us-gaap Notes Payable Current
NotesPayableCurrent
13000 usd
CY2022Q1 us-gaap Notes Payable Current
NotesPayableCurrent
12000 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
148000 usd
CY2022Q1 us-gaap Long Term Notes Payable
LongTermNotesPayable
148000 usd
CY2020Q2 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
2000000 usd
CY2021Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
500000 usd
CY2022Q2 us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2026-03-20
CY2022Q2 us-gaap Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
0.085 pure
CY2022Q2 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
5968000 usd
CY2022Q1 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
5879000 usd
CY2022Q2 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
5968000 usd
CY2022Q1 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
5879000 usd
CY2022Q2 lvo Unsecured Convertible Notes Payable Outstanding Percentage Description
UnsecuredConvertibleNotesPayableOutstandingPercentageDescription
As of June 30, 2022 and March 31, 2022, the Company had outstanding 8.5% unsecured convertible notes payable (the “Trinad Notes”) issued to Trinad Capital Master Fund Ltd. (“Trinad Capital”), a fund controlled by Mr. Ellin, the Company’s Chief Executive Officer, Chairman, director and principal stockholder, as discussed below. The Trinad Notes are convertible into shares of the Company’s common stock at a fixed conversion price of $3.00 per share. The first Trinad Note was issued on February 21, 2017, to convert aggregate principal and interest of $3.6 million under the first senior promissory note and second senior promissory note with Trinad Capital previously issued on December 31, 2014 and April 8, 2015, respectively. The first Trinad Note was due on March 31, 2018 and was extended to May 31, 2023, and in July 2022 the Trinad Notes were extended until July 1, 2024 (See Note 20 – Subsequent Events). At June 30, 2022, the balance due of $6.0 million, which included $1.5 million of accrued interest, was outstanding under the first Trinad Note. At March 31, 2022, the balance due of $5.9 million, which included $1.4 million of accrued interest, was outstanding under the first Trinad Note. Between October 27, 2017 and December 18, 2017, the Company issued six unsecured convertible notes payable to Trinad Capital for aggregate total principal amount of $1.1 million and were charged an 8.5% interest rate. The notes were due on various dates through December 31, 2018 and were extended to May 31, 2023 and in July 2022 the Trinad Notes were extended until July 1, 2024 (See Note 20 – Subsequent Events). As of June 30, 2022 and March 31, 2022, $0.4 million and $0.3 million of accrued interest was included in the principal balance, respectively.
CY2021Q3 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
33654 shares
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
4300000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Mark To Market
AdjustmentsToAdditionalPaidInCapitalMarkToMarket
4200000 usd
CY2020Q1 lvo Unsecured Convertible Promissory Note Description
UnsecuredConvertiblePromissoryNoteDescription
React Presents issued a two-year $2 million Convertible Promissory Note (the “Note”), bearing annual interest at 8%. The purpose of the Note was to fund the acquisition of React Presents. All unpaid and outstanding principal and any unpaid and accrued interest was due on February 5, 2022. At issuance, the Note was convertible by the holder at any time prior to maturity in part or in whole with the unpaid interest and principal convertible at a conversion price equal to $4.50 per share of the Company’s common stock, subject to certain protective adjustments. The Note may be prepaid in whole or in part in cash without penalty at any time prior to maturity. Any such prepayment will be applied to accrued interest first and then the principal.
CY2021Q2 us-gaap Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
the Company performed a fair value analysis using a binomial lattice calculation on the derivative instruments using the following assumptions: Coupon Rate: 8.0%, Term: 0.6 years, Volatility: 85.2%, Market Rate: 5.1% and Probability of Default: 7.1%. The Company determined that as of the assessment date, the fair value is $0.1 million. The change in fair value of less than $0.1 million is recorded in other income (expense) on the Company’s consolidated statements of operations for the three months ended June 30, 2021.
CY2022Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
2.1
CY2022Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
1155143 shares
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
800000 usd
CY2020Q3 us-gaap Debt Instrument Description
DebtInstrumentDescription
the Company issued two-year senior secured convertible notes in the aggregate principal amount of $15.0 million (the “Harvest Notes”) to Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners, Ltd. (collectively, the “Purchaser”).
CY2022Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
4.5
CY2022Q2 lvo Aggregate Cash Deposits
AggregateCashDeposits
7000000 usd
CY2022Q2 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
7000000 usd
CY2022Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
300000 usd
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
300000 usd
CY2022Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
100000 usd
CY2021Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
100000 usd
CY2021Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-06-02
CY2022Q2 lvo Description Of Operating Lease
DescriptionOfOperatingLease
The Company leases a space at a location under a non-cancellable operating lease with a remaining lease term of 1 year, which originally expired in fiscal year 2022 and was renewed for an additional year. On December 22, 2020, the Company acquired CPS which included the assumption of an operating lease for a 55,120 square foot light manufacturing facility located in Addison Illinois, expiring June 30, 2024. 
CY2022Q2 lvo Rental Expense For Operating Leases
RentalExpenseForOperatingLeases
100000 usd
CY2021Q2 lvo Rental Expense For Operating Leases
RentalExpenseForOperatingLeases
100000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
200000 usd
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
200000 usd
CY2022Q2 lvo Fixed Rents Cost
FixedRentsCost
106000 usd
CY2021Q2 lvo Fixed Rents Cost
FixedRentsCost
228000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
48000 usd
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
68000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
154000 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
296000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
655000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
728000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
273000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
273000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
395000 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
468000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
668000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
741000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
279000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
320000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
93000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
692000 usd
CY2022Q2 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
24000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
668000 usd
CY2022Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.085 pure
CY2022Q2 lvo Licenses Production Andor Distribution Agreements Description
LicensesProductionAndorDistributionAgreementsDescription
As of June 30, 2022, the Company has licenses, production and/or distribution agreements to make guaranteed payments as follows: $0.1 million for the fiscal year ending March 31, 2023.
CY2022Q2 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.50 pure
CY2022Q2 lvo Contractual Obligations Description
ContractualObligationsDescription
As of June 30, 2022, the Company is obligated under agreements with Content Providers and other contractual obligations to make guaranteed payments as follows: $3.7 million for the fiscal year ending March 31, 2023, $0.5 million for the fiscal year ending March 31, 2024, $0.3 million for the fiscal year ending March 31, 2025 and $0.2 million for the fiscal year ending March 31, 2026. 
CY2022Q2 us-gaap Intercompany Agreements Description
IntercompanyAgreementsDescription
As of June 30, 2022, the Company has employment agreements with three named executive officers (“Section 16 Officers”) that provide salary payments of $0.5 million and target bonus compensation of up to $0.5 million on an annual basis.
CY2022Q2 lvo Aggregate Amount
AggregateAmount
10500000 usd
CY2022Q2 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
The Company may make discretionary matching contributions to the 401(k) Plan on behalf of its employees up to a maximum of 100% of the participant’s elective deferral up to a maximum of 5% of the employees’ annual compensation.
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
700000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
200000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5100000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 usd
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0 usd
CY2022Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
510000000 shares
CY2022Q2 us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
500000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
10000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
2000000 shares
CY2022Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1186221 shares
CY2021Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
0 shares
CY2022Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
1000000 shares
CY2021Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
0 shares
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 pure
CY2022Q2 lvo External Coustomer Description
ExternalCoustomerDescription
The Company has one and two external customers that accounts for more than 10% of its revenue during the three months ended June 30, 2022 and 2021, respectively.
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2022Q1 lvo Bifurcated Embedded Derivative On Senior Secured Convertible Debentures Net
BifurcatedEmbeddedDerivativeOnSeniorSecuredConvertibleDebenturesNet
3157000 usd
CY2022Q1 lvo Unsecured Convertible Notes Current
UnsecuredConvertibleNotesCurrent
usd
CY2022Q2 lvo Change In Fair Value Of Bifurcated Embedded Derivatives Reported In Earnings
ChangeInFairValueOfBifurcatedEmbeddedDerivativesReportedInEarnings
20000 usd
CY2022Q2 lvo Settlementofcontingentconsiderationliabilityfrom Cp Sacquisition
SettlementofcontingentconsiderationliabilityfromCPSacquisition
-3000000 usd
CY2022Q2 lvo Change In Fair Value Of Contingent Consideration Liabilities Reported In Earnings
ChangeInFairValueOfContingentConsiderationLiabilitiesReportedInEarnings
35000 usd
CY2022Q2 lvo Bifurcated Embedded Derivative On Senior Secured Convertible Debentures Net
BifurcatedEmbeddedDerivativeOnSeniorSecuredConvertibleDebenturesNet
212000 usd
CY2022Q2 lvo Unsecured Convertible Note Payable Market Yield
UnsecuredConvertibleNotePayableMarketYield
0.116 pure
CY2022 lvo Unsecured Convertible Note Payable Market Yield
UnsecuredConvertibleNotePayableMarketYield
0.047 pure
CY2022Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
100000 usd
CY2022Q2 us-gaap Other Expenses
OtherExpenses
100000 usd
CY2021Q2 us-gaap Other Expenses
OtherExpenses
100000 usd
CY2022Q2 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
13938000 usd
CY2022Q2 lvo Unsecured Convertible Notes Payable Related Party Net
UnsecuredConvertibleNotesPayableRelatedPartyNet
5968000 usd
CY2022Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
13650000 usd
CY2022Q1 lvo Unsecured Convertible Notes Payable Related Party Net
UnsecuredConvertibleNotesPayableRelatedPartyNet
5879000 usd
CY2022Q2 lvo Qualified Event
QualifiedEvent
150000000 usd
CY2022Q2 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.10 pure
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.70 pure
CY2022Q2 lvo Initial Listing Price Percentage
InitialListingPricePercentage
0.70 pure
CY2022Q2 us-gaap Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
0.45 pure
CY2022Q2 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
3000000 usd
CY2022Q2 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
60000000 usd
CY2022Q2 lvo Noteholders Description
NoteholdersDescription
The Company and the Noteholders also agreed that if (i) at least $5,000,000 of the original principal amount of the Harvest Notes is not repaid by the Company on or prior to January 1, 2023, the conversion price of the Harvest Notes shall be amended to $3.00 per share, and the Company shall issue to the Noteholders in aggregate an additional 250,000 shares of the Company’s common stock; (ii) at least $7,500,000 of the original principal amount of the Harvest Notes is not repaid by the Company on or prior to June 30, 2023, the conversion price of the Harvest Notes shall be further amended to $2.50 per share, and the Company shall then issue to the Noteholders in aggregate an additional 500,000 shares of the Company’s common stock; and (iii) the entire principal amount of the Harvest Notes then outstanding is not repaid by the Company on or prior to January 1, 2024, the conversion price of the Harvest Notes shall be further amended to $2.25 per share, and the Company shall then issue to the Noteholders in aggregate an additional 750,000 shares of the Company’s common stock. In addition, in consideration of the Loan Modification, the Company issued to the Noteholders in aggregate 500,000 shares of the Company’s common stock. The shares were issued and to the extent applicable, will be issued, to the Noteholders as restricted securities in a private placement transaction exempt from the registration requirements of the Securities Act. 
CY2022Q2 us-gaap Investment Maturity Date
InvestmentMaturityDate
2024-07-01
CY2022Q3 lvo Settlement Of The Earnout Amount
SettlementOfTheEarnoutAmount
400000 usd
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2022Q2 lvo Income From Forgiveness Of Ppp Loan
IncomeFromForgivenessOfPPPLoan
usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
CY2022Q2 us-gaap Paid In Kind Interest
PaidInKindInterest
usd
CY2022Q2 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
usd
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
usd
CY2022Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
CY2022Q2 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
usd
CY2021Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2022Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
CY2021Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
CY2022Q2 lvo Fair Value Of Common Stock Issued In Connection With Secured Convertible Notes
FairValueOfCommonStockIssuedInConnectionWithSecuredConvertibleNotes
usd
CY2022Q2 lvo Fair Value Of Shares Issued In Connection With Cps Acquisition
FairValueOfSharesIssuedInConnectionWithCPSAcquisition
usd
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
shares
CY2022Q2 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
usd
CY2022Q2 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
usd
CY2022Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
usd
CY2022Q2 lvo Unsecured Convertible Notes Current
UnsecuredConvertibleNotesCurrent
usd
CY2022Q2 dei Amendment Flag
AmendmentFlag
false
CY2022Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2022Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q2 dei Entity Central Index Key
EntityCentralIndexKey
0001491419

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