Total       $(13,683)    $        710     $     2,724     $      804   $   9,850     $      -  $   405 
             -------   ---  ---------  ----  --------  ----  -------      ------  ----  -----   ------ 
 

(1) Non-Recurring Acquisition and Realignment Costs include non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, legal, accounting and other professional fees directly attributable to acquisition activity, employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, and certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date.

(2) Other (Income) Expense above primarily includes interest expense, net and change in fair value of derivative liabilities. These are included in the statement of operations in other income (expense) and are an add back to net loss above in the reconciliation of Adjusted EBITDA* to loss.

(*) See the definition of Adjusted EBITDA under "Use of Non-GAAP Financial Measures" within this release.

 
                       PodcastOne, Inc. 
      Reconciliation of Non-GAAP Measure to GAAP Measure 
        Contribution Margin* Reconciliation (Unaudited) 
                        (In thousands) 
 
                   Three Months Ended     Nine Months Ended 
                      December 31,           December 31, 
                   -------------------  ---------------------- 
                     2024       2023      2024       2023 
 
Revenue:           $ 12,710   $10,442   $ 38,022   $ 31,595 
Less: 
Cost of sales       (11,983)   (9,387)   (34,834)   (26,666) 
Amortization of 
 developed 
 technology             (57)      (58)      (178)      (112) 
                    -------    ------    -------    ------- 
   Gross Profit         670       997      3,010      4,817 
 
Add back 
 amortization of 
 developed 
 technology:             57        58        178        112 
                    -------    ------    -------    ------- 
   Contribution 
    Margin*        $    727   $ 1,055   $  3,188   $  4,929 
                    =======    ======    =======    ======= 
 

(*) See the definition of Contribution Margin under "Use of Non-GAAP Financial Measures" within this release.

(END) Dow Jones Newswires

February 12, 2025 08:30 ET (13:30 GMT)