Total        $ (3,036)     $     1,013     $     1,254      $      38    $      -     $     11   $   (720) 
              -------   ----  --------  ----  --------  -----  ------  ---  -----  ----  -----      ----- 
 
Six Months 
Ended 
September 
30, 2023 
Total        $(11,083)     $       338     $       938      $     719    $  9,850     $      -   $    762 
              -------   ----  --------  ----  --------  -----  ------  ---  -----  ----  -----      ----- 
 
 
  (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      Six Months Ended 
                      September 30,         September 30, 
                   -------------------  ---------------------- 
                     2024       2023      2024       2023 
                    -------    ------    -------    ------- 
 
Revenue:           $ 12,154   $10,516   $ 25,312   $ 21,153 
Less: 
Cost of sales       (11,142)   (9,057)   (22,851)   (17,279) 
Amortization of 
 developed 
 technology             (61)      (58)      (121)      (112) 
                    -------    ------    -------    ------- 
   Gross Profit         951     1,401      2,340      3,762 
 
Add back 
 amortization of 
 developed 
 technology:             61        58        121        112 
                    -------    ------    -------    ------- 
   Contribution 
    Margin*        $  1,012   $ 1,459   $  2,461   $  3,874 
                    =======    ======    =======    ======= 
 
 
*    See the definition of Contribution Margin under "Use 
      of Non-GAAP Financial Measures" within this release. 
 

(END) Dow Jones Newswires

November 07, 2024 08:30 ET (13:30 GMT)