LiveOne, Inc. SEC 10-Q Report

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2025.11.14 18:53
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LiveOne, Inc.'s SEC 10-Q report for Q3 2025 reveals a revenue drop to $18.8M from $32.6M in 2024, with a net loss of $5.7M. The company plans to raise up to $150M for growth, indicating a shift in revenue mix and increased operating expenses.

LiveOne, Inc., a leading digital media company specializing in live entertainment and music streaming, has released its Form 10-Q report for the third quarter of 2025. The report highlights significant changes in the company's financial performance and provides insights into its operational strategies and future outlook.

Financial Highlights

Total Revenue: LiveOne, Inc. reported total revenue of $18.8 million for the three months ended September 30, 2025. This represents a decrease from $32.6 million in the same period in 2024, primarily due to a decline in Membership Services revenue.

Loss from Operations: The company experienced a loss from operations of $(4.6) million for the three months ended September 30, 2025, compared to $(1.4) million in the same period in 2024. This indicates increased operating expenses relative to revenue.

Net Loss: Net loss for the three months ended September 30, 2025, was $(5.7) million, compared to $(2.3) million in the same period in 2024. The higher net loss was driven by increased operating losses and interest expenses.

Net Loss Per Share – Basic and Diluted: The net loss per share was $(0.52) for the three months ended September 30, 2025, compared to $(0.24) in the same period in 2024. This reflects the increased net loss and changes in the weighted average number of shares outstanding.

Business Highlights

Revenue Segments: The company reported revenue from three main segments: Membership Services, Advertising, and Merchandising. Membership Services revenue was significantly lower compared to the previous year, while Advertising revenue showed an increase, indicating a shift in the company's revenue mix.

Future Outlook: LiveOne, Inc. is focused on executing its growth strategy and raising additional funds to support its operations. The company has filed a universal shelf Registration Statement to potentially raise up to $150 million, indicating plans for future expansion and investment in its business operations.

SEC Filing: LiveOne, Inc. [ LVO ] - 10-Q - Nov. 14, 2025