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)
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