Financial Data and Key Metrics Changes - The company reported revenues of over $112 million, with $108 million from the audio business and an EBITDA of $18 million, exceeding previous guidance by $6 million [6][15] - For the fiscal year ending March 31, 2025, consolidated revenue was $114.4 million and adjusted EBITDA was $8.4 million [17] - The audio division generated full-year revenue of $108.9 million and adjusted EBITDA of $18.2 million [17] Business Line Data and Key Metrics Changes - The podcast business revenue increased to over $52 million from $38 million last year, with a quarterly revenue of $14 million and an EBITDA of over $900,000 [6][15] - The company has added 46 new podcasts in the last 24 months, totaling over 200 podcasts, with a pipeline of over 100 new podcasts [7] Market Data and Key Metrics Changes - The company has converted over 1.3 million subscribers from 2 million Tesla cars, with a total of over 1.5 million subscribers and ad-supported users [9][46] - The company has launched partnerships with Amazon worth over $16.5 million and a Fortune 250 company for $25 million, with 75 additional B2B deals in the pipeline [9][18] Company Strategy and Development Direction - The company is focusing on AI and Web3 crypto initiatives, aiming to cut costs and enhance marketing efforts [11][12] - The company plans to continue expanding its B2B partnerships and is optimistic about the potential for significant revenue growth from these initiatives [18][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow aggressively, highlighting the transformative potential of new technologies and partnerships [12][13] - The management noted that the current year is the most exciting in the company's history, with a strong balance sheet and growth opportunities [12][13] Other Important Information - The company has eliminated over $10 million in short-term liabilities and cut staff significantly to improve financial performance [8] - The company has initiated a stock buyback program, purchasing over 350,000 shares of LiveOne and over 1 million shares of PODC [12] Q&A Session Summary Question: Clarification on fill rate of over 50% - The fill rate refers to over 50% of advertising inventory being filled, which is expected to drive revenues and set the stage for converting free users to paid subscribers [23][24] Question: Details on Web3 and crypto initiatives - The focus is primarily on podcast content and building a community of crypto podcasters, with no plans to enter the mining or trading business [30][32] Question: Update on the largest B2B deal - The company is set to launch a B2B deal with a partner that has over 10 times the subscribers of Tesla, with high confidence in its potential success [51][53]