Form 8-K
8-K — LiveOne, Inc.
Accession: 0001213900-26-118490
Filed: 2026-11-12
Period: 2026-11-12
CIK: 0001491419
SIC: 5812 (RETAIL-EATING PLACES)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — ea0312011-8k_liveone.htm (Primary)
EX-99.1 — PRESS RELEASE, DATED NOVEMBER 12, 2026 (ea031201101ex99-1.htm)
EX-99.2 — PRESS RELEASE, DATED NOVEMBER 11, 2026 (ea031201101ex99-2.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — CURRENT REPORT
8-K (Primary)
Filename: ea0312011-8k_liveone.htm · Sequence: 1
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0001491419
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2026-11-12
2026-11-12
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 12, 2026
LIVEONE, INC.
(Exact name of registrant as specified in its charter)
Delaware
001-38249
98-0657263
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
269 South Beverly Drive, Suite 1450
Beverly Hills, CA 90212
(Address of principal executive offices) (Zip Code)
(310) 601-2505
(Registrant’s telephone number, including
area code)
n/a
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section
12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common stock, $0.001 par value per share
LVO
The NASDAQ Capital Market
Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On November 12, 2026, LiveOne,
Inc. (the “Company”) issued a press release announcing its operating and financial highlights and results for the second quarter
and six months ended September 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1.
The information included
herein and in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except
as expressly set forth by specific reference in such a filing.
Item 7.01 Regulation FD Disclosure.
On November 11, 2026, the
Company issued a press release announcing that it plans to hold a conference call and audio webcast to provide a business update and discuss
its operating and financial results for the second quarter ended September 30, 2026 on November 12, 2026. A copy of the press release
is attached hereto as Exhibit 99.2.
The information included
herein and in Exhibit 99.2 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject
to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange
Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number
Description
99.1*
Press release, dated November 12, 2026.
99.2*
Press release, dated November 11, 2026.
104*
Cover Page Interactive Data File (embedded within the Inline XBRL document)
*
Furnished herewith.
1
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.
Date: November 12, 2026
By:
/s/ Robert Ellin
Name:
Robert Ellin
Title:
Chief Executive Officer
2
EX-99.1 — PRESS RELEASE, DATED NOVEMBER 12, 2026
EX-99.1
Filename: ea031201101ex99-1.htm · Sequence: 2
Exhibit 99.1
LiveOne (Nasdaq: LVO)
Reports H1 Fiscal 2027 Revenue of $37.3M and Audio Division Revenue of $36.3M with Over $7.8M Adjusted EBITDA*
LOS ANGELES, CA, November 12, 2026 -- LiveOne
(Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today its financial results
for the second quarter (“Q2 Fiscal 2027”) and six months (“H1 Fiscal 2027”) ended September 30, 2026 of its fiscal
year ending March 31, 2027 (“Fiscal 2027”). LiveOne will host a conference call and webcast today, November 12, 2026, at 9:00
AM Eastern Time.
Financial Highlights
● Q2
Fiscal 2027 Revenue: $18.0M
● Q2
Fiscal 2027 Adjusted EBITDA*: $(0.7)M
● H1
Fiscal 2027 Revenue: $37.3M
● H1
Fiscal 2027 Adjusted EBITDA*: $3.6M
● Audio
Division Q2 Fiscal 2027 Revenue: $17.6M, and Adjusted EBITDA* of $1.5M
● Revises
Fiscal 2027 guidance to $70–$75 Million in revenue and $10 million+ in Adjusted EBITDA*,
reflecting updated launch timelines from its B2B partners
● Issues
first-time Fiscal 2028 guidance of $100 Million+ in revenue as LiveOne anticipates launching
the largest partnership in its history
● PodcastOne
posted record H1 Fiscal 2027 revenue of $31.5M and record Adjusted EBITDA* of $3.0M
● LiveOne
has extinguished $25M in debt and other liabilities since February 2026 and reduced its senior
debt balance to $9M
Operational
Highlights
● Slacker
Radio Signs Five-Year Partnership with Groove Technology Solutions
● PodcastOne
recently ranked #6 on Podtrac
● Accelerating
AI initiatives across all subsidiaries
● Expanding
M&A pipeline and strategic acquisition opportunities across all subsidiaries
LiveOne’s
CEO and Chairman, Robert Ellin, stated, “The Company is now fully positioned to finish its fiscal year strong and prepared for
anticipated substantial growth next year.”
Q2
Fiscal 2027 Earnings Conference Call and Webcast
Date:
Thursday, November 12, 2026
Time:
9:00 am ET (6:00 am PT)
Webcast Link:
https://events.q4inc.com/attendee/685425699
Dial-in:
(833) 461-5787
International Dial-in:
+44 808 196 8935
Meeting ID:
685 425 699
Q2 Fiscal 2027 vs Q2 Fiscal 2026 and
H1 Fiscal 2027 vs H1 Fiscal 2026 Results Summary (in $000’s, except per share; unaudited)
Three Months Ended
Six Months Ended
September 30,
September 30,
2026
2025
2026
2025
Revenue
$ 17,966
$ 18,762
$ 37,316
$ 37,969
Operating loss
$ (4,394 )
$ (4,569 )
$ (8,070 )
$ (8,602 )
Total other income (expense)
$ (1,206 )
$ (1,096 )
$ (620 )
$ (927 )
Net loss
$ (5,605 )
$ (5,705 )
$ (8,703 )
$ (9,569 )
Adjusted EBITDA*
$ (719 )
$ (1,018 )
$ 3,594
$ (2,829 )
Net loss per share basic and diluted
$ (0.37 )
$ (0.52 )
$ (0.59 )
$ (0.98 )
Q2 Fiscal 2027 Results Summary Discussion
For Q2 Fiscal 2027, LiveOne posted revenue
of $18.0 million versus $18.8 million in the same period in the prior year, driven primarily by a decrease in Slacker revenue.
Q2 Fiscal 2027 Operating Loss was ($4.4) million
compared to a ($4.6) million Operating Loss in the second quarter ended September 30, 2025 (“Q2 Fiscal 2026”). The $0.2 million
improvement in Operating Loss was largely a result of increased margins from Slacker.
Q2 Fiscal 2027 Adjusted EBITDA* was $(0.7)
million, as compared to Q2 Fiscal 2026 Adjusted EBITDA* of ($1.0) million, an increase of $0.3 million. Q2 Fiscal 2027 Adjusted EBITDA*
was comprised of Audio Division Adjusted EBITDA* of $1.5 million, Other Operations Adjusted EBITDA* of ($0.3) million and Corporate Adjusted
EBITDA* of ($1.9) million.
About
LiveOne
Headquartered
in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on
delivering premium experiences and content worldwide and live and virtual events. LiveOne’s subsidiaries include Slacker, PodcastOne
(Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive and DayOne Music Publishing. LiveOne is available on iOS, Android,
Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT applications. For more information, visit liveone.com
and follow us on Facebook, Instagram, TikTok, YouTube and Twitter at @liveone. For more investor information, please visit ir.liveone.com.
2
Forward-Looking
Statements
All statements other than statements of historical facts contained in this press release are “forward-looking
statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,”
“will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,”
“intend,” “expect,” “anticipate,” “could,” “believe,” “seek,” “continue,”
“contemplate,” “predict,” “potential,” “target” or the negative of such terms or other similar
expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance
or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest
OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing, acquisition, spin-out,
special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks
that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation
of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any
such event will enhance stockholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and
increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s intent
to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s stock repurchase program and the timing,
price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other
covenants under its senior secured debentures and potential effects on PodcastOne of LiveOne’s non-compliance; LiveOne successfully implementing
its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders;
LiveOne’s ability to repay its indebtedness when due; LiveOne’s subsidiaries, including PodcastOne, obligations under LiveOne’s senior
secured debentures as a result of such subsidiaries, including PodcastOne, having entered into a Subsidiary Guarantee and related Security
Agreement with the holders of such debentures, which debentures are secured by all of the assets of LiveOne, PodcastOne and their respective
subsidiaries; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain
and unfavorable outcomes in legal proceedings and/or LiveOne’s and/or PodcastOne’s ability to pay any amounts due in connection with
any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty; changes in economic conditions; competition;
risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including,
but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2026, filed with the
U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2026, Quarterly Report on Form 10-Q for the quarter ended June
30, 2026, filed with the SEC on August 14, 2026, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements
speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law.
LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform
Act of 1995.
Use of Non-GAAP Financial Measures*
To supplement our consolidated financial statements,
which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America (“GAAP”),
we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization (“Adjusted EBITDA”),
which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended
to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance
measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our
cash flows or liquidity.
3
We use Contribution Margin (Loss) and Adjusted
EBITDA to evaluate the performance of our operating segments. We believe that information about these non-GAAP financial measures assists
investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect
operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported
results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance
measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly,
Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other
measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted
EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Contribution Margin (Loss) is defined as Revenue less Cost of Sales before (a) Cost of Sales share-based compensation expense, (b) depreciation,
and (c) amortization of developed technology. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax
expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs,
(b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third
party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated
with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies
prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19,
and (e) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.
With respect to projected quarter, six-month
and full Fiscal 2027 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability,
complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves
excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant,
impact on our future GAAP financial results.
For more information on these non-GAAP financial
measures, please see the tables entitled “Reconciliation of Non-GAAP Measure to GAAP Measure” included at the end of this release.
LiveOne Press Contact:
press@liveone.com
LiveOne Investor Relations Contact:
IR@liveone.com
Follow LiveOne on social media: Facebook,
Instagram, TikTok, YouTube, and X at @liveone.
4
Financial Information
The tables below present
financial results for the three and six months ended September 30, 2026 and 2025.
LiveOne, Inc.
Consolidated Statements of Operations (Unaudited)
(In thousands, except share and per share amounts)
Three Months Ended
Six Months Ended
September 30,
September 30,
2026
2025
2026
2025
Revenue:
$ 17,966
$ 18,762
$ 37,316
$ 37,969
Operating expenses:
Cost of sales
15,480
16,166
30,890
32,991
Sales and marketing
908
870
1,832
2,131
Product development
890
442
1,864
1,376
General and administrative
4,986
5,707
10,525
9,782
Amortization of intangible assets
96
146
275
291
Total operating expenses
22,360
23,331
45,386
46,571
Loss from operations
(4,394 )
(4,569 )
(8,070 )
(8,602 )
Other income (expense):
Interest expense, net
(1,620 )
(1,003 )
(2,252 )
(1,690 )
Change in fair value of digital assets
-
79
(35 )
79
Other income (expense)
414
(172 )
1,667
684
Total other income (expense), net
(1,206 )
(1,096 )
(620 )
(927 )
Loss before provision for income taxes
(5,600 )
(5,665 )
(8,690 )
(9,529 )
Provision for income taxes
5
40
13
40
Net loss
(5,605 )
(5,705 )
(8,703 )
(9,569 )
Net loss attributable to non-controlling interest
(769 )
(163 )
(1,275 )
(434 )
Net loss attributed to LiveOne
$ (4,836 )
$ (5,542 )
$ (7,428 )
$ (9,135 )
Net loss per share – basic and diluted*
$ (0.37 )
$ (0.52 )
$ (0.59 )
$ (0.98 )
Weighted average common shares – basic and diluted*
13,745,268
11,170,612
13,517,646
10,048,453
5
LiveOne, Inc.
Consolidated Balance Sheets (Unaudited)
(In thousands)
September 30,
March 31,
2026
2026
(Audited)
Assets
Current Assets
Cash and cash equivalents
$ 7,483
$ 5,353
Restricted cash
30
30
Accounts receivable, net
8,435
8,437
Inventories
656
685
Prepaid expense and other current assets
3,407
2,273
Total Current Assets
20,011
16,778
Property and equipment, net
3,157
3,297
Goodwill
21,712
21,712
Intangible assets, net
1,641
1,916
Intangible digital assets
-
2,943
Other assets
177
229
Total Assets
$ 46,698
$ 46,875
Liabilities and Stockholders’ Equity (Deficit)
Current Liabilities
Accounts payable and accrued liabilities
$ 32,859
$ 27,719
Accrued royalties
1,910
3,475
Notes payable, current portion
-
-
Convertible note, current portion
13,693
2,900
Deferred revenue
897
1,789
Senior secured line of credit
-
-
Total Current Liabilities
49,359
35,883
Notes payable, net
149
149
Lease liabilities, noncurrent
134
134
Convertible note, noncurrent
-
11,689
Other long-term liabilities
5,591
11,351
Deferred income taxes
61
61
Total Liabilities
55,294
59,267
Commitments and Contingencies (Note 14)
Stockholders’ Equity (Deficit)
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 8,695 and 8,438 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively
8,960
8,438
Common stock, $0.001 par value; 500,000,000 shares authorized; 13,853,682 and 12,386,350 shares issued and outstanding as of September 30, 2025 and March 31, 2025, net of treasury shares, respectively*
13
12
Additional paid in capital*
269,809
259,122
Treasury stock*
(849 )
(849 )
Accumulated deficit
(295,220 )
(287,270 )
Total LiveOne Stockholders’ Deficit
(17,287 )
(20,547 )
Non-controlling interest
8,691
8,155
Total stockholders’ deficit
(8,596 )
(12,392 )
Total Liabilities and Stockholders’ Deficit
$ 46,698
$ 46,875
6
LiveOne, Inc.
Reconciliation of Non-GAAP Measure to GAAP Measure
Adjusted EBITDA* Reconciliation (Unaudited)
(In thousands)
Non-
Stock-Based
Stock-Based
Recurring
Net
Depreciation
Compensation
Compensation
Acquisition and
Other
(Benefit)
Income
and
Employees
Third-Party
Realignment
(Income)
Provision
Adjusted
(Loss)*
Amortization*
& Directors*
Service *
Costs(1)*
Expense(2)*
for Taxes*
EBITDA*
Three Months Ended September 30, 2026
Operations – PodcastOne
$ (479 )
$ 80
$ 221
$ 1,510
$ 45
$ -
$ -
$ 1,377
Operations – Slacker
(1,599 )
792
-
350
-
551
-
94
Operations – Other
(144 )
(85 )
12
-
-
-
-
(217 )
Corporate
(3,383 )
-
114
623
13
655
5
(1,973 )
Total
$ (5,605 )
$ 787
$ 347
$ 2,483
$ 58
$ 1,206
$ 5
$ (719 )
Three Months Ended September 30, 2025
Operations – PodcastOne
$ (975 )
$ 131
$ 1,930
$ -
$ -
$ -
$ -
$ 1,086
Operations – Slacker
(716 )
29
(29 )
-
2
317
-
(397 )
Operations – Other
(1,035 )
63
572
-
35
101
-
(264 )
Corporate
(2,979 )
-
(310 )
-
1,128
678
40
(1,443 )
Total
$ (5,705 )
$ 223
$ 2,163
$ -
$ 1,165
$ 1,096
$ 40
$ (1,018 )
Non-
Stock-Based
Stock-Based
Recurring
Net
Depreciation
Compensation
Compensation
Acquisition and
Other
(Benefit)
Income
and
Employees
Third-Party
Realignment
(Income)
Provision
Adjusted
(Loss)*
Amortization*
& Directors*
Service *
Costs(1)*
Expense(2)*
for Taxes*
EBITDA*
Six Months Ended September 30, 2026
Operations – PodcastOne
$ (2,036 )
$ 244
$ 285
$ 4,342
$ 118
$ -
$ -
$ 2,953
Operations – Slacker
24
1,596
16
4,007
-
(838 )
-
4,805
Operations - Other
(614 )
(37 )
28
9
-
7
-
(607 )
Corporate
(6,077 )
-
182
335
539
1,451
13
(3,557 )
Total
$ (8,703 )
$ 1,803
$ 511
$ 8,693
$ 657
$ 620
$ 13
$ 3,594
Six Months Ended September 30, 2025
Operations – PodcastOne
$ (2,029 )
$ 283
$ 3,395
$ -
$ 17
$ -
$ -
$ 1,666
Operations – Slacker
(499 )
100
63
-
(8 )
(243 )
-
(587 )
Operations - Other
(2,026 )
129
753
-
35
130
-
(979 )
Corporate
(5,015 )
1
(592 )
-
1,597
1,040
40
(2,929 )
Total
$ (9,569 )
$ 513
$ 3,619
$ -
$ 1,641
$ 927
$ 40
$ (2,829 )
(1) Other Non-Operating and Non-Recurring Costs include outside legal, accounting and other professional fees directly attributable to
acquisition activity in the period, in addition to certain non-recurring expenses associated with legal settlements or reserves for legal
settlements in the period that pertain to historical matters that existed at certain acquired companies prior to their purchase date and
non-recurring employee severance payments.
(2) Other (income) expense above primarily includes interest expense, net and change in fair value of derivative liabilities. These are
included in the statement of operations in other income (expense) and are an add back to net loss above in the reconciliation of Adjusted
EBITDA* to loss.
7
LiveOne, Inc.
Reconciliation of Non-GAAP Measure to GAAP Measure
Contribution Margin*
Reconciliation (Unaudited)
(In thousands)
Three Months Ended
Six Months Ended
September 30,
September 30,
2026*
2025*
2026*
2025*
Revenue:
$ 17,966
$ 18,762
$ 37,316
$ 37,969
Less:
Cost of sales
(15,480 )
(16,166 )
(30,890 )
(32,991 )
Amortization of developed technology
(774 )
(155 )
(1,492 )
(367 )
Gross Profit
1,712
2,441
4,934
4,611
Add back:
Share-based compensation
1,321
1,107
6,218
2,126
Depreciation
3
3
5
26
Developed technology
774
155
1,492
367
Contribution Margin*
$ 3,810
$ 3,706
$ 12,649
$ 7,130
* See the definition of Contribution Margin under “About
Non-GAAP Financial Measures” within this release.
8
EX-99.2 — PRESS RELEASE, DATED NOVEMBER 11, 2026
EX-99.2
Filename: ea031201101ex99-2.htm · Sequence: 3
Exhibit 99.2
LiveOne (Nasdaq: LVO) to Report Second
Quarter Fiscal 2027 Financial Results on November 12, 2026
Management to host
conference call and webcast to discuss the results at 9:00 am ET on that day
LOS ANGELES, CA, November 11, 2026 - LiveOne
(Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today its planned earnings release
date and conference call timing for its second quarter (“Q2 Fiscal 2027”) of its fiscal year ending March 31, 2027 (“Fiscal
2027”).
LiveOne plans to announce its full operating
and financial results for Q2 Fiscal 2027 and host an investor webcast to discuss the results and provide a business update on Thursday,
November 12th, 2026 at 9:00 am Eastern Time (6:00 am Pacific Time).
To access the conference call or webcast,
please use the following information:
Date:
Thursday, November 12, 2026
Time:
9:00 am ET (6:00 am PT)
Webcast Link:
https://events.q4inc.com/attendee/685425699
Dial-in:
(833) 461-5787
International Dial-in:
+44 808 196 8935
Conference Code:
685 425 699
About LiveOne
Headquartered in Los Angeles, CA, LiveOne
(Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences
and content worldwide and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization
Solutions, LiveXLive and DayOne Music Publishing. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire,
Android TV, and through STIRR's OTT applications. For more information, visit liveone.com and follow us on Facebook, Instagram, TikTok,
YouTube and Twitter at @liveone. For more investor information, please visit ir.liveone.com.
Forward-Looking Statements
All statements other than statements of historical
facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the
use of such words as "may," "might," "will," "will likely result," "would," "should,"
"estimate," "plan," "project," "forecast," "intend," "expect," "anticipate,"
"could," "believe," "seek," "continue," "contemplate," "predict," "potential,"
"target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties
and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by
such statements, including: LiveOne's reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne's ability
to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the
consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied
within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend,
distribution or transaction will not occur or whether any such event will enhance stockholder value; LiveOne's ability to continue as
a going concern; LiveOne's ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring,
securing and developing content; LiveOne's intent to repurchase shares of its and/or PodcastOne's common stock from time to time under
LiveOne's stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne's ability to
maintain compliance with certain financial and other covenants under its senior secured debentures and potential effects on PodcastOne
of LiveOne's non-compliance; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and
applications; management's relationships with industry stakeholders; LiveOne's ability to repay its indebtedness when due; LiveOne's subsidiaries,
including PodcastOne, obligations under LiveOne's senior secured debentures as a result of such subsidiaries, including PodcastOne, having
entered into a Subsidiary Guarantee and related Security Agreement with the holders of such debentures, which debentures are secured by
all of the assets of LiveOne, PodcastOne and their respective subsidiaries; LiveOne's ability to satisfy the conditions for closing on
its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne's and/or
PodcastOne's ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and
technical uncertainty; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne's
subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne's Annual Report on
Form 10-K for the fiscal year ended March 31, 2026, filed with the U.S. Securities and Exchange Commission (the "SEC") on June
29, 2026, Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on August 14, 2026, and in LiveOne's other
filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation
to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Use of Non-GAAP Financial Measures*
To supplement our consolidated financial statements,
which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America ("GAAP"),
we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA"),
which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended
to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance
measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our
cash flows or liquidity.
We use Contribution Margin (Loss) and Adjusted
EBITDA to evaluate the performance of our operating segment. We believe that information about these non-GAAP financial measures assists
investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect
operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported
results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance
measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly,
Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other
measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted
EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Contribution Margin (Loss) is defined as Revenue
less Cost of Sales before (a) Cost of Sales share-based compensation expense, (b) depreciation, and (c) amortization of developed technology.
Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and
before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional
fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable
to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for
legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and
a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, and (e) certain stock-based
compensation expense. Management does not consider these costs to be indicative of our core operating results.
With respect to projected quarterly or full
2027 fiscal year Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability,
complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves
excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant,
impact on our future GAAP financial results.
LiveOne Press Contact:
press@liveone.com
Investor Relations:
IR@liveone.com
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