₿$73,459.79▼ 0.12%

LiveOne, Inc.

LVO🇺🇸Leveraged

LiveOne is a creator-focused music, entertainment, and technology platform operating LiveOne, PodcastOne, and Slacker streaming services. The company launched a Bitcoin yield treasury strategy in July 2025 through a public equity offering, partnering with Arca to co-manage its crypto treasury portfolio.

BTC Holdings

43 BTC

Insufficient history

Stock PriceUpdated 11h ago

$6.62▲ 0.30%

180d

Total financing

24.96M USD

180d

mNAV

32.17x▲ 0.43%

180d

Leverage

258.0%

180d

Amplification

517.3%

180d

BTC Risk

80.47%0.2x

Sats/Share

280

180d

Mkt capFD

101.60M USD

SharesFD

15.35M

Fiat reserve

8.62M USD

Total reserve

11.78M USD

Dilution

13.9%

Coverage

1.6 yr

BTC mix

67%

Analytics

In-the-Money

0% ITM

OTM: $25M

Maturity Profile

Conv

Nearest: MaturedWAM: -0.8yr

BTC Coverage

Capital Stack

0.2x · >9,999 bps

ConvertiblePreferredOtherBTC NAV: $3.2M

BTC Risk

80.47% avg

P(BTC Rating < 1x at maturity) · 45% vol, 30% ARR

BTC Credit

>9,999 bps avg

Credit spread to offset BTC Risk · 45% vol, 30% ARR

FinancialsUnverified

US-GAAPQuarterlyAs of 2025-12-31

Balance Sheet

Total Assets$52.3M▼2.9%

Total Liabilities$62.8M▲1.6%

Stockholders' Equity$19M▲16.9%

Cash & Equivalents$8.6M▼26.4%

Total Debt$2.8M▲276.7%

Digital Assets—

Income Statement

Revenue$20.3M▲8.0%

Operating Income$2M▼57.3%

Net Income$4.1M▼26.6%

Interest Expense—

Cash Flow

Operating Cash Flow$8.5M▲36.2%

Instruments

Total

16.77M USD

Instrument	Term	Coupon	Principal	Outstanding	Conv. price	BTC Rating
LVO-May28	May '25 – May '28	11.75%	16.77M USD	16.77M USD	21.00 USD	0.4x
Total				16.77M USD

Recent Changes

Fri, Apr 24, 2026

Shares Outstanding

12.5M→13.5M+1.0M(+8.0%)

Post-issuance count after the 1,000,000-share BMI settlement (companion 8-K Item 1.01, accession 0001213900-26-047074) on or about 2026-04-24; base 12,471,243 @ 2026-04-17 per 424B5 cover.

Form 424B5 (1,000,000 shares to BMI at $7.50)

Fri, Apr 17, 2026

Shares Outstanding

12.1M→12.5M+337.8K(+2.8%)

Form 424B5 (1,000,000 shares to BMI at $7.50)

Tue, Mar 10, 2026

Shares Outstanding

11.6M→12.1M+500.0K(+4.3%)

500,000 shares issued to Merlin for royalty payments at $7.50/share

Form 8-K (Merlin share issuance agreement)

Wed, Dec 31, 2025

Shares Outstanding

11.5M→11.6M+166.3K(+1.5%)

Form 10-Q (Q3 FY2026)

Debt OutstandingLVO-SerA

8.2M

8,189 shares at $1,000 stated value; balance after multiple conversions and PIK dividends since Feb 2023 issuance

Form 10-Q (Q3 FY2026)

Fiat Reserve

11.7M→8.6M-3.1M(-26.4%)USD

Form 10-Q (Q3 FY2026)

LiveOne, Inc.

LVO🇺🇸Leveraged

Instrument

Term

Coupon

Principal

Outstanding

Conv. price

BTC Rating

LVO-May28

May '25 – May '28

11.75%

16.77M USD

21.00 USD

0.4x

Total

16.77M USD

Recent Changes

Fri, Apr 24, 2026

Shares Outstanding

12.5M→13.5M+1.0M(+8.0%)

Post-issuance count after the 1,000,000-share BMI settlement (companion 8-K Item 1.01, accession 0001213900-26-047074) on or about 2026-04-24; base 12,471,243 @ 2026-04-17 per 424B5 cover.

Form 424B5 (1,000,000 shares to BMI at $7.50)

Fri, Apr 17, 2026

Shares Outstanding

12.1M→12.5M+337.8K(+2.8%)

Form 424B5 (1,000,000 shares to BMI at $7.50)

Tue, Mar 10, 2026

Shares Outstanding

11.6M→12.1M+500.0K(+4.3%)

500,000 shares issued to Merlin for royalty payments at $7.50/share

Form 8-K (Merlin share issuance agreement)

Wed, Dec 31, 2025

Shares Outstanding

11.5M→11.6M+166.3K(+1.5%)

Form 10-Q (Q3 FY2026)

Debt OutstandingLVO-SerA

8.2M

8,189 shares at $1,000 stated value; balance after multiple conversions and PIK dividends since Feb 2023 issuance

Form 10-Q (Q3 FY2026)

Fiat Reserve

11.7M→8.6M-3.1M(-26.4%)USD

Form 10-Q (Q3 FY2026)