0001437749-26-004111
SEC filingLiveOne, Inc. reported Q3 2025 revenue of $20.3 million, resulting in a gross profit of $3.9 million and a gross margin of 19.2%. The company experienced an operating loss of $2.0 million and a net loss of $4.1 million for the period ending December 31, 2025. Operating expenses totaled $22.2 million, driven primarily by cost of sales ($16.4M) and general administrative costs ($4.2M). Despite the net loss, the company generated strong operating cash flow of $10.6 million, significantly aided by $6.3 million in stock-based compensation. Financing activities provided $20.5 million in cash, bolstered by $15.2 million in convertible debt proceeds and $9.4 million from a common stock offering. The balance sheet reflects a stockholders' deficit of $10.5 million and total current liabilities of $39.3 million against current assets of $21.2 million. No prior period comparative figures were provided in the source data to calculate year-over-year or quarter-over-quarter growth.
For the fiscal quarter ending December 31, 2025, LiveOne, Inc. reported total revenue of $20.3 million. The cost of sales was $16.4 million, resulting in a gross profit of $3.9 million. Total operating expenses reached $22.2 million, leading to an operating loss of $2.0 million. After accounting for $2.1 million in net other expenses, primarily driven by interest expense and changes in digital asset values, the company reported a net loss of $4.1 million. The loss attributable to LiveOne shareholders was $4.1 million. The weighted average common shares outstanding were 11.5 million. No comparative data from prior periods was available in the provided text to assess trends.
The financial data provided does not include a breakdown of revenue by segment, geography, or product line. The revenue figure of $20.3 million is reported as a consolidated total. Without segment data or management discussion from the MD&A section, specific growth drivers or revenue mix details cannot be determined from the provided XBRL data. The company operates with a cost of sales structure that consumes approximately 80.8% of revenue, leaving a relatively thin gross margin for covering operating expenses.
The company reported a gross margin of 19.2% for Q3 2025. The operating margin stood at -9.9%, reflecting the impact of general and administrative expenses ($4.2M) and sales and marketing costs ($1.1M) exceeding the gross profit. Significant non-cash expenses, such as stock-based compensation of $6.3 million, impacted the profitability metrics but not the cash position. Interest expense of $993K and a $1.1 million loss on digital assets further pressured the bottom line.
LiveOne generated $10.6 million in cash from operating activities, a notable divergence from the net loss due to adjustments like stock-based compensation. However, investing activities used $7.5 million, primarily for property and equipment purchases. Financing activities provided $20.5 million, driven by proceeds from convertible debt ($15.2M) and common stock offerings ($9.4M). The company holds $8.6 million in cash and equivalents. Total liabilities of $62.8 million exceed total assets of $52.3 million, resulting in a stockholders' deficit of $10.5 million. Current liabilities ($39.3M) significantly exceed current assets ($21.2M).
The provided XBRL financial data and document content do not contain forward-looking statements, management guidance, or strategic priorities regarding future operations. Consequently, an assessment of future outlook or strategic direction cannot be provided based solely on the financial statements and notes supplied.