LiveOne, Inc. reported a difficult start to QQ1 2026 with revenue of $19.21 million and a gross margin of 11.65%, reflecting continued monetization headwinds in a highly competitive digital entertainment environment. The quarter produced a net loss of $3.59 million and an EBITDA negative position of $2.89 million, with operating income of −$4.03 million and an operating margin of −21.0%. The combination of top-line softness and continued fixed-cost investments led to meaningful profitability deterioration versus the prior-year period (YoY revenue down 37.8%, gross profit down 63.4%, net income down 83.9%). However, there was a QoQ improvement in operating income of about 21.1% (though still negative). The company held $11.89 million of cash and cash equivalents and reported net debt of −$11.21 million, signaling reasonable near-term liquidity despite substantial accumulated deficits (retained earnings of −$269.14 million) and negative stockholders’ equity (−$20.84 million).
Management commentary is not included in the provided dataset, limiting explicit quotes or forward-looking targets. Absent quantified guidance, the narrative centers on ongoing monetization initiatives (advertising, subscriptions, content licensing) and cost discipline as catalysts for future margin stabilization. Investors should monitor liquidity development, path to sustained profitability, and the effectiveness of monetization strategies across LiveXLive, PodcastOne, and related platforms.