B2B partners span carriers, retail, consumer electronics, entertainment, automotive and hospitalityIdentified $4–5 million in incremental cost savings through expanded AI initiativesSurpasses 1.4 million total members and ad-supported subscribers, including Tesla customersRecord B2B pipeline with 100+ partnerships LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced major financial and strategic m ...

Key Takeaways Ceribell received FDA Breakthrough Device Designation for its AI-based LVO stroke detection solution.CBLL is extending its point-of-care EEG platform beyond seizures and delirium into time-sensitive stroke care.The designation supports faster FDA interactions and earlier commercialization, boosting CBLL's visibility.CeriBell Inc. (CBLL) recently announced that the FDA has granted Breakthrough Device Designation for its Large Vessel Occlusion (LVO) stroke detection and monitoring solution desig ...

SUNNYVALE, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- CeriBell, Inc. (Nasdaq: CBLL) (“Ceribell”), a medical technology company focused on transforming the diagnosis and management of patients with serious neurological conditions, today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device Designation for its Large Vessel Occlusion (LVO) stroke detection monitor for patients in the hospital setting. This first-in-class LVO stroke detection monitor uses Ceribell’s existing ...

LOS ANGELES, Dec. 18, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), an award-winning creator-first music, entertainment, and technology platform, has today announced the renewal of its audio advertising partnership with DAX, a pioneering digital advertising platform owned by Global, the Media & Entertainment group. The exclusive contract, originally signed in 2015, has been expanded to include DAX US selling brand new in-car audio opportunities. With more connected vehicles on the road, and drivers stream ...

Management to discuss multiple B2B partnershipsLOS ANGELES, Dec. 15, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced on Wednesday, December 17, 2025, the company will be introducing their B2B partners to shareholders and investors at President Trump’s Mar-a-Lago. About LiveOneHeadquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform fo ...

Core Insights - LiveOne has renewed its strategic partnership with Telly, enhancing its music and entertainment offerings through Telly's innovative platform [1][4] - The partnership aims to provide users with free access to millions of songs, leveraging Telly's built-in Harman Kardon soundbar for an immersive audio experience [3][4] Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, with a focus on delivering premium experiences through memberships and live events [6] - The company operates several subsidiaries, including Slacker Radio and PodcastOne, and is available on multiple platforms, including Tesla vehicles and various streaming services [6] Partnership Details - The partnership with Telly, originally launched in 2024, has resulted in a fully integrated dual-screen audio experience, allowing users to access music directly from Telly's Smart Home Screen [2][4] - LiveOne's usage on Telly has surged by over 200% in the past 90 days, with average listening sessions increasing significantly as households adopt the free audio service [3][7] User Engagement - The built-in Harman Kardon soundbar in Telly enhances user engagement, contributing to longer listening sessions and increased audience retention [3][7] - The collaboration is expected to drive further innovation in the audio experience for users in the coming years [4]

Core Insights - LiveOne's subsidiary PodcastOne and Dr. Phil's Envoy Media Co. have launched a co-branded multi-platform podcast network, debuting with over 200 podcasts and 15,000 hours of premium content [1][3] - The network aims to leverage Dr. Phil's extensive social media following, which exceeds 27 million across various platforms, to enhance audience engagement [1][3] - The partnership combines PodcastOne's top-tier creators with Dr. Phil's media presence, creating a comprehensive podcast listening and advertising suite across multiple platforms [3][4] Company Overview - PodcastOne has surpassed 3.9 billion total downloads and has a community of 200 top podcasters, reaching over 1 billion monthly impressions across channels like YouTube and Spotify [5] - Envoy Media Co. was launched in July 2025 and focuses on multi-platform content development, production, and distribution, led by Dr. Phil, a prominent media figure [6][9] - The new network will provide a scalable platform for both established stars and emerging creators, enhancing promotional reach and advertising opportunities [4][9] Distribution and Reach - The network will be available on Envoy TV, which is accessible via Charter/Spectrum Cable in 41 major US markets, and on the free streaming service Envoy FAST, reaching over 110 million homes [2][8] - The partnership will also broadcast new Envoy podcast content on national TV networks, expanding its audience reach significantly [2][3] - The combined efforts of Dr. Phil and PodcastOne aim to deliver engaging content to millions of podcast fans across various media platforms [4][9]

Revenue Performance - For the six months ended September 30, 2025, the company reported revenue of $38.0 million, a decrease from $65.7 million in the same period of 2024[163]. - Revenue from the OEM customer was $3.1 million in the first half of 2025, significantly down from $36.0 million in the same period of 2024[163]. - Revenue decreased by 42% to $18.8 million for the three months ended September 30, 2025, compared to $32.6 million in the same period of 2024[181]. - Total revenue for the six months ended September 30, 2025, was $37.97 million, a decrease of 42% compared to $65.67 million for the same period in 2024[216]. - Membership revenue decreased by $31.9 million, or 83%, to $6.4 million for the six months ended September 30, 2025, compared to $38.3 million for the same period in 2024[216]. - Advertising revenue increased by $4.9 million, or 19%, to $30.3 million for the six months ended September 30, 2025, compared to $25.4 million for the same period in 2024[218]. - Revenue for the Audio Group - PodcastOne operations increased by $4.8 million, or 19%, to $30.2 million for the six months ended September 30, 2025, compared to $25.3 million in 2024[234]. - Revenue for the Audio Group - Slacker operations decreased by $31.8 million, or 83%, to $6.5 million for the six months ended September 30, 2025, primarily due to a change in terms with the largest OEM customer[240]. - Revenue for the three months ended September 30, 2025, was $18,762 thousand, a decrease of 42.7% from $32,594 thousand in 2024[256]. Customer Concentration - The company's largest OEM customer accounted for 45% of revenue in the first half of 2025, down from 73% in the same period of 2024[163]. - Membership services revenue fell by 84% to $3.1 million, down from $19.5 million, primarily due to changes in terms with the largest OEM customer[182][183]. - Revenue decreased by $16.5 million, or 84%, during the three months ended September 30, 2025, primarily due to a change in terms with the largest OEM customer[203]. Operating Expenses and Profitability - Total operating expenses decreased by 31% to $23.3 million, down from $34.0 million, with significant reductions in cost of sales and other operating expenses[180]. - Total operating expenses for the six months ended September 30, 2025, were $46.57 million, a decrease of 31% compared to $67.86 million for the same period in 2024[213]. - Net loss attributable to LiveOne was $5.5 million, compared to a loss of $1.9 million in the prior year, resulting in a net loss per share of $0.52[179]. - Net loss attributed to LiveOne for the six months ended September 30, 2025, was $9.14 million, compared to a net loss of $3.03 million for the same period in 2024[214]. - Operating income decreased by $4.9 million, or 105%, for the three months ended September 30, 2025, driven by the decrease in revenue[204]. - Adjusted EBITDA decreased by $6.2 million, or 107%, to $(0.4) million for the three months ended September 30, 2025, compared to $5.8 million for the same period in 2024[205]. - Adjusted EBITDA increased by 369% to $1.1 million for the Audio Group, reflecting improved revenue and reduced operating expenses[201]. - Adjusted EBITDA for the Audio Group - PodcastOne operations increased by $2.4 million, or 335%, to $1.7 million for the six months ended September 30, 2025, compared to a loss of $0.7 million in 2024[238]. Cash Flow and Financing - As of September 30, 2025, the company had cash and cash equivalents, including restricted cash, totaling $11.8 million, primarily invested in Bitcoin and U.S. banking institutions[257]. - The company has a convertible note balance of $15.2 million and a Capchase Loan of $0.5 million as of September 30, 2025[257]. - The company completed a public offering on July 17, 2025, raising approximately $9.5 million to fund digital asset acquisitions and working capital[165]. - For the six months ended September 30, 2025, net cash used in operating activities was $6.3 million, primarily due to a net loss of $9.6 million[273]. - Net cash used in investing activities for the six months ended September 30, 2025, was $6.8 million, largely due to the purchase of equipment and crypto digital assets totaling $5.0 million[275]. - For the six months ended September 30, 2025, net cash provided by financing activities was $20.7 million, driven by $15.2 million from convertible debt and $9.4 million from common stock offerings, offset by $3.0 million repayment on the line of credit, $0.2 million repayment of the Capchase Loan, and $0.6 million for share repurchase[277]. - The company has the ability to raise up to $150 million in cash from the sale of equity, debt, and other financial instruments under a new universal shelf Registration Statement filed with the SEC[270]. Strategic Initiatives - The company plans to invest significantly in product development and technology solutions over the next 12 to 24 months to enhance its service offerings[171]. - The company aims to convert OEM drivers to direct subscribers of the LiveOne app, which is expected to create a meaningful revenue opportunity[173]. - The company announced a digital asset treasury strategy of up to $500 million, including a bitcoin yield treasury strategy, following a public offering on July 16, 2025[257]. - Future growth will rely on expanding international operations in regions such as Europe, Asia Pacific, and Latin America, incurring significant upfront expenses[177]. Compliance and Going Concern - As of September 30, 2025, the company had a working capital deficiency of $13.1 million, raising substantial doubt about its ability to continue as a going concern[258]. - The company entered into a new Business Loan Agreement on January 28, 2025, reducing the principal amount outstanding to $3.75 million and extending the maturity date to November 20, 2025[261]. - The company borrowed $1.7 million under a Loan and Security Agreement with Capchase Inc. in August 2023, with a 9% interest rate and monthly amortization payments of approximately $73,100[262]. - As of September 30, 2025, the company was in compliance with the Capchase Loan and the Initial Debentures[279].

Financial Data and Key Metrics Changes - Consolidated revenue for Q2 fiscal 2026 was $18.8 million, with a net loss of $5.7 million or $0.52 per diluted share [14][12] - The audio division generated $18.2 million in revenue and adjusted EBITDA of $0.7 million [14] - Adjusted EBITDA for the consolidated entity was negative $1 million [14] Business Line Data and Key Metrics Changes - PodcastOne subsidiary achieved record revenue of $15.2 million and adjusted EBITDA of $1.1 million [14][15] - Slacker subsidiary reported revenue of $3.1 million with an adjusted EBITDA loss of $0.4 million [14] Market Data and Key Metrics Changes - The company has converted over 60% of the 2 million Tesla cars, resulting in nearly 1 million free cars re-subscribing [6][12] - The average revenue per user (ARPU) increased by 60%, reaching over $5 compared to the previous $3 [8] Company Strategy and Development Direction - The company is focusing on B2B partnerships, having closed its seventh deal and expanded its partnership with Amazon from $16.5 million to over $20 million [6][10] - The company anticipates significant growth in the audio industry, with expectations of reaching over $100 million in revenues again [13][17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the potential for substantial revenue growth driven by B2B deals and partnerships [11][17] - The company is leveraging AI to enhance marketing strategies and improve subscriber conversion rates [8][49] Other Important Information - The company has cut its workforce from 350 to 95, significantly reducing costs from $22 million to $6 million [6][10] - The launch of LiveOne Africa is expected to tap into a market projected to surpass the U.S. market in the coming years [10] Q&A Session Summary Question: Details on the B2B partner with 30 million subscribers - Management indicated that the initial launch was successful and similar to the Tesla relaunch, with expectations for further details by year-end [20][21] Question: Incremental revenue from the $52 million B2B revenue - Management stated that the $52 million is not included in the current revenue and guidance will be provided before year-end [21][22] Question: Premium versus paid subscribers for Slacker - The total paid subscribers are between 250,000-275,000, with ongoing efforts to convert free subscribers [23][25] Question: Gross margin recovery expectations - The decrease in gross margin is attributed to changes in customer relationships and volume from Slacker, with expectations for improvement in future quarters [29][30] Question: Stock-based compensation impact on costs - Stock-based compensation has increased in cost of sales compared to the previous year, with a shift in categories noted [34][36] Question: Continued growth expectations for PodcastOne - Management confirmed expectations for continued growth in the PodcastOne subsidiary, with an increase in guidance [39][41]

Core Insights - LiveOne (LVO) reported a quarterly loss of $0.52 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.45, and a significant increase from a loss of $0.20 per share a year ago [1] - The company's revenues for the quarter ended September 2025 were $18.76 million, slightly surpassing the Zacks Consensus Estimate by 0.01%, but down from $32.59 million year-over-year [2] - LiveOne's stock has declined approximately 66.5% year-to-date, contrasting with the S&P 500's gain of 16.4% [3] Financial Performance - Over the last four quarters, LiveOne has exceeded consensus EPS estimates twice [2] - The current consensus EPS estimate for the upcoming quarter is -$0.35 on revenues of $22.4 million, and for the current fiscal year, it is -$1.60 on revenues of $84.28 million [7] Market Outlook - The company's earnings outlook is critical for assessing future stock performance, with recent estimate revisions trending unfavorably, resulting in a Zacks Rank 4 (Sell) [6] - The Audio Video Production industry, to which LiveOne belongs, is currently in the top 35% of Zacks industries, indicating a relatively strong position within the market [8] Comparisons with Peers - Dolby Laboratories (DLB), another company in the same industry, is expected to report quarterly earnings of $0.70 per share, reflecting a year-over-year decline of 13.6% [9] - Dolby's anticipated revenues for the upcoming quarter are $305.38 million, which is a slight increase of 0.2% from the previous year [10]