LiveOne公佈2026財年業績並上調2027財年展望，Q4調整後EBITDA轉正

EX-99.1
2
ea029577201ex99-1.htm
PRESS RELEASE, DATED JUNE 24, 2026

 

Exhibit 99.1

 

LiveOne (Nasdaq: LVO) Delivers Strong Fiscal
2026 Performance with $77.1M Revenue; Audio Division Drives

Growth with $73.5M Revenue and $6.1M+ Adjusted EBITDA*; Raises Fiscal 2027
Outlook 

 

Q4
Momentum Continues with $18.9M Revenue; Audio Division Generates $18.3M Revenue and $2.4M Adjusted EBITDA*

 

●Increased
 fiscal 2027 guidance to $85M–$95M+ in revenue and $8M–$10M+ in Adjusted EBITDA*,
 excluding corporate overhead, reflecting strong confidence in continued growth

   

 

●Achieved
 a 52% year-over-year reduction in operating expenses through aggressive AI-driven efficiencies
 and a streamlined workforce from 350 to 88 employees

 

●Expanded
 stock repurchase program by over $7M, with approximately $5M remaining, underscoring commitment
 to shareholder value

 

●Strengthened
 B2B partnerships with industry leaders including AT&T, Vizio, Samsung, and LG, with another
 major strategic partner expected this quarter, reaching over 50 million monthly members

   

 

●Built
 a robust pipeline of more than 100 B2B potential opportunities across key verticals including
 automotive, CTV, mobile, retail, loyalty, media, and technology

 

●Accelerated
 AI monetization initiatives leveraging 250,000 hours of video, over 500,000 audio assets,
 and more than 1 billion tokens through strategic partnerships this quarter

   

 

●Positioned
 for continued expansion with a highly accretive acquisition expected to close this quarter
 and ongoing evaluation of additional M&A opportunities

 

●Positioned
 to continue eliminating $15M+ of liabilities with equity

 

Los Angeles, CA, June 24, 2026 – LiveOne
(Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced
today its financial results for the fourth quarter (“Q4 Fiscal 2026”) and fiscal year ended March 31, 2026 (“Fiscal
2026”). LiveOne will host a conference call and webcast today, June 24, 2026.

 

Financial Highlights

 

 
  
 ●
 Q4 Fiscal 2026 Revenue: $18.9M

 
 

 
  
 ●
 Q4 Fiscal 2026 Adjusted EBITDA*: $0.3M

 
 

 
  
 ●
 Audio Division Q4 Fiscal 2026 Revenue: $18.3M, maintaining positive segment Adjusted EBITDA* of $2.4M

 
 

 
  
 ●
 LiveOne acquired additional 906K shares of PodcastOne shares at average price of $1.98 per share during Fiscal 2026

 
 

LiveOne’s CEO and Chairman, Robert Ellin,
stated, “Our fourth quarter results reflect strong execution and profitable growth, highlighted by sustained momentum in our Audio
Division business and the scalability of our platform. Our continued share repurchases at attractive valuations underscore management’s
conviction in the long-term value we are building for shareholders.”

 

Fiscal 2027 Guidance

 

LiveOne raises guidance for Fiscal 2027 for revenues
to increase to $85-$95+ million and drive expected Adjusted EBITDA* of $8-10+ million (Excluding Corporate Overhead).

 

  

  

 

 

 
 
 Q4 Fiscal 2026 Earnings Conference Call and Webcast

 
  

 
 Date:
 Wednesday, June 24, 2026

 
 Time:
 10:30 AM Eastern Time (7:30 AM Pacific Time)

 
 Webcast Link:
 https://events.q4inc.com/analyst/325286508?pwd=Q1KC0pEx

 
 Dial-in:
 (833) 461-5787

 
 International Dial-in:
 +44 808 196 8935

 
 Conference Code:
 325 286 508

 
 

Q4 Fiscal 2026 & Fiscal 2026 and Q4
Fiscal 2025 & Fiscal 2025 Results Summary (in $000’s, except per share; unaudited)

 

 
   
 Three Months Ended March 31,  
 Year Ended March 31, 

 
   
 2026  
 2025  
 2026  
 2025 

 
   
    
    
    
   

 
 Revenue 
 $18,919  
 $19,288  
 $77,144  
 $114,405 

 
 Operating income (loss) 
 $(4,927) 
 $(10,758) 
 $(15,480) 
 $(18,057)

 
 Total other income (expense) 
 $(2,678) 
 $162  
 $(5,743) 
 $(2,498)

 
 Net income (loss) 
 $(7,579) 
 $(10,836) 
 $(21,253) 
 $(20,370)

 
 Adjusted EBITDA* 
 $298  
 $(488) 
 $(922) 
 $8,384 

 
 Net income (loss) per share, basic and diluted 
 $(0.65) 
 $(1.10) 
 $(1.91) 
 $(1.97)

 

 

Q4 Fiscal 2026 Results Summary Discussion

 

For Q4 Fiscal 2026, LiveOne posted revenue of
$18.9 million versus $19.3 million in the same period in the prior year, driven primarily by reductions in Slacker revenues.

 

Q4 Fiscal 2026 Operating Loss was ($4.9) million
compared to a ($10.8) million Operating Loss in the fourth quarter ended March 31, 2025 (“Q4 Fiscal 2025”). The $5.9 million
improvement in Operating Loss was largely a result of reductions in impairment expense. LiveOne recorded a $7.7 million impairment expense
within its Audio Division in Q4 Fiscal 2025.

 

Q4 Fiscal 2026 Adjusted EBITDA* was $0.3 million,
as compared to Q4 Fiscal 2025 Adjusted EBITDA* of ($0.5) million, an increase of $0.8 million. Q4 Fiscal 2026 Adjusted EBITDA* was comprised
of Audio Division Adjusted EBITDA* of $2.4 million, Other Operations Adjusted EBITDA* of ($1.4) million and Corporate Adjusted EBITDA*
of ($0.7) million.

  

About LiveOne

 

Headquartered in Los
Angeles, CA, LiveOne (Nasdaq: 
is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content
worldwide and live and virtual events. LiveOne’s subsidiaries include Slacker, PodcastOne (Nasdaq: PODC),
PPVOne, Custom Personalization Solutions, LiveXLive and DayOne Music Publishing. LiveOne is available on iOS, Android, Roku, Apple TV,
Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT applications. For more information, visit liveone.com and
follow us on Facebook, Instagram, TikTok, YouTube and
Twitter at @liveone.
For more investor information, please visit ir.liveone.com.

 

 2

  

 

 

Forward-Looking Statements

 

All statements other than statements of historical
facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by
the use of such words as “may,” “might,” “will,” “will likely result,” “would,”
“should,” “estimate,” “plan,” “project,” “forecast,” “intend,”
“expect,” “anticipate,” “could,” “believe,” “seek,” “continue,”
“contemplate,” “predict,” “potential,” “target” or the negative of such terms or other
similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results,
performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance
on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing,
acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event,
including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at
all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction
will not occur or whether any such event will enhance stockholder value; LiveOne’s ability to continue as a going concern; LiveOne’s
ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing
content; LiveOne’s ability to implement its announced digital asset treasury strategy and/or purchase digital assets from time to
time pursuant to such strategy, including for the maximum announced amount, and other risks related to such strategy; LiveOne’s
intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase
program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance
with certain financial and other debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology
platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness
when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing;
uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such
legal proceedings; significant legal, commercial, regulatory and technical uncertainty and risks related to Bitcoin, Ethereum and other
digital assets; regulatory developments related to digital assets and digital asset markets; changes in economic conditions; competition;
risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including,
but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with
the U.S. Securities and Exchange Commission (the “SEC”) on July 15, 2025, Quarterly Report on Form 10-Q for the quarter ended
December 31, 2025, filed with the SEC on February 13, 2026, and in LiveOne’s other filings and submissions with the SEC. These forward-looking
statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required
by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation
Reform Act of 1995.

 

* About Non-GAAP Financial Measures 

 

To supplement our consolidated financial statements,
which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America (“GAAP”),
we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization (“Adjusted EBITDA”),
which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended
to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance
measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our
cash flows or liquidity.

 

We use Contribution Margin (Loss) and Adjusted
EBITDA to evaluate the performance of our operating segments. We believe that information about these non-GAAP financial measures assists
investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect
operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported
results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance
measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly,
Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other
measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted
EBITDA as presented herein may not be comparable to similarly titled measures of other companies.

 

 3

  

 

 

Contribution Margin (Loss) is defined as Revenue
less Cost of Sales before (a) Cost of Sales share-based compensation expense, (b) depreciation, and (c) amortization of developed technology.
Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and
before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional
fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable
to acquisition or corporate realignment activities, (d) 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 and
a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, and (e) certain stock-based
compensation expense. Management does not consider these costs to be indicative of our core operating results.

 

With respect to projected quarter and full Fiscal
2027 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity
and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded
from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant,
impact on our future GAAP financial results.

 

For more information on these non-GAAP financial
measures, please see the tables entitled “Reconciliation of Non-GAAP Measure to GAAP Measure” included at the end of this release.

 

LiveOne Press Contact:

[email protected]

 

Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube,
and X at @liveone.

 

 4

  

 

 

Financial Information

 

The tables below present financial results for
the three and twelve months ended March 31, 2026 and 2025.

 

LiveOne, Inc.

Consolidated Statements of Operations (Unaudited)

(In thousands, except share and per share
amounts)

 

 
   
 Three
 Months Ended  
 Year
 Ended 

 
   
 March
 31,  
 March
 31, 

 
   
 2026  
 2025  
 2026  
 2025 

 
   
    
    
    
   

 
 Revenue: 
 $18,919  
 $19,288  
 $77,144  
 $114,405 

 
   
     
     
     
    

 
 Operating
 expenses: 
     
     
     
    

 
 Cost
 of sales 
  15,424  
  13,344  
  64,865  
  85,241 

 
 Sales
 and marketing 
  840  
  1,711  
  4,040  
  6,396 

 
 Product
 development 
  715  
  1,129  
  2,402  
  4,475 

 
 General
 and administrative 
  6,686  
  5,715  
  20,664  
  22,746 

 
 Impairment
 of intangible assets 
  -  
  7,674  
  -  
  11,657 

 
 Amortization
 of intangible assets 
  181  
  473  
  653  
  1,947 

 
 Total
 operating expenses 
  23,846  
  30,046  
  92,624  
  132,462 

 
 Loss
 from operations 
  (4,927) 
  (10,758) 
  (15,480) 
  (18,057)

 
   
     
     
     
    

 
 Other
 income (expense): 
     
     
     
    

 
 Interest
 expense, net 
  (1,212) 
  -  
  (3,894) 
  (2,712)

 
 Change
 in fair value of digital assets 
  (834) 
  -  
  (2,057) 
  - 

 
 Other
 income (expense) 
  (632) 
  162  
  208  
  214 

 
 Total
 other income (expense), net 
  (2,678) 
  162  
  (5,743) 
  (2,498)

 
   
     
     
     
    

 
 Loss
 before provision (benefit) for income taxes 
  (7,605) 
  (10,596) 
  (21,223) 
  (20,555)

 
   
     
     
     
    

 
 Provision
 (benefit) for income taxes 
  (26) 
  240  
  30  
  (185)

 
 Net
 loss 
  (7,579) 
  (10,836) 
  (21,253) 
  (20,370)

 
 Net
 loss attributable to non-controlling interest 
  185  
  (410) 
  (288) 
  (1,661)

 
 Net
 loss attributed to LiveOne 
 $(7,764) 
 $(11,246) 
 $(20,965) 
 $(18,709)

 
   
     
     
     
    

 
 Net
 loss per share – basic and diluted 
 $(0.65) 
 $(1.10) 
 $(1.91) 
 $(1.97)

 
 Weighted
 average common shares – basic and diluted 
  11,606,816  
  9,876,542  
  10,983,850  
  9,504,124 

 
 

 5

  

 

 

LiveOne, Inc.

Consolidated Balance Sheets (Unaudited)

(In thousands)

 

 
   
 March
 31,  
 March
 31, 

 
   
 2026  
 2025 

 
   
    
   

 
 Assets 
    
   

 
 Current Assets 
    
   

 
 Cash
 and cash equivalents 
 $5,353  
 $4,119 

 
 Restricted
 cash 
  30  
  30 

 
 Accounts
 receivable, net 
  8,437  
  8,299 

 
 Inventories 
  685  
  1,586 

 
 Prepaid
 expense and other current assets 
  2,273  
  1,212 

 
 Total
 Current Assets 
  16,778  
  15,246 

 
 Property
 and equipment, net 
  3,297  
  893 

 
 Goodwill 
  21,712  
  21,712 

 
 Intangible
 assets, net 
  1,916  
  2,569 

 
 Digital
 assets 
  2,943  
  - 

 
 Other
 assets 
  229  
  97 

 
 Total
 Assets 
 $46,875  
 $40,517 

 
   
     
    

 
 Liabilities,
 Mezzanine Equity and Stockholders’ Deficit 
     
    

 
 Current
 Liabilities 
     
    

 
 Accounts
 payable and accrued liabilities 
 $27,759  
 $25,180 

 
 Accrued
 royalties 
  3,475  
  5,490 

 
 Notes
 payable, current portion 
  -  
  623 

 
 Senior
 secured revolving line of credit, net 
  -  
  2,950 

 
 Deferred
 revenue 
  1,789  
  2,141 

 
 Convertible
 note, current portion 
  2,900  
  - 

 
 Total
 Current Liabilities 
  35,923  
  36,384 

 
 Notes
 payable, net 
  149  
  150 

 
 Convertible
 note, noncurrent 
  11,689  
  - 

 
 Lease
 liabilities, noncurrent 
  134  
  99 

 
 Other
 long-term liabilities 
  11,351  
  12,236 

 
 Deferred
 income taxes 
  61  
  60 

 
 Total
 Liabilities 
  59,307  
  48,929 

 
   
     
    

 
 Commitments
 and Contingencies 
     
    

 
   
     
    

 
 Stockholders’
 Deficit 
     
    

 
 Preferred
 stock, $0.001 par value; 10,000,000 shares authorized; 8,438 and 14,002 shares issued and outstanding as of March 31, 2026 and 2025,
 respectively 
  8,438  
  14,002 

 
 Common stock, $0.001
 par value; 500,000,000 shares authorized; 12,276,978 issued and outstanding as of March 31, 2026; 9,672,451 shares issued and outstanding
 as of March 31, 2025 
  12  
  10 

 
 Additional
 paid in capital* 
  259,122  
  233,582 

 
 Treasury
 stock* 
  (849) 
  (250)

 
 Accumulated
 deficit 
  (287,310) 
  (265,119)

 
 Total
 LiveOne’s Stockholders’ Deficit 
  (20,587) 
  (17,775)

 
 Non-controlling
 interest 
  8,155  
  9,363 

 
 Total
 equity (deficit) 
  (12,432) 
  (8,412)

 
 Total
 Liabilities, Mezzanine Equity and Stockholders’ Deficit 
 $46,875  
 $40,517 

 
 

 6

  

 

 

LiveOne, Inc.

Reconciliation of Non-GAAP Measure to GAAP Measure

Adjusted EBITDA* Reconciliation (Unaudited)

(In thousands)

 

 
   
    
    
    
    
 Non-  
    
    
   

 
   
    
    
    
    
 Recurring  
    
    
   

 
   
 Net  
 Depreciation  
 Employee  
 Other  
 Acquisition
 and  
 Other  
 (Benefit)  
   

 
   
 Income  
 and  
 Stock-Based  
 Stock-Based  
 Realignment  
 (Income)  
 Provision  
 Adjusted 

 
   
 (Loss)*  
 Amortization*  
 Compensation*  
 Compensation*  
 Costs
 (1)*  
 Expense
 (2)*  
 for
 Taxes*  
 EBITDA* 

 
 Three
 Months Ended March 31, 2026 
    
    
    
    
    
    
    
   

 
 Operations
 – PodcastOne 
 $(461) 
 $          167  
 $         355  
 $             1,753  
 $         38  
 $1  
 $     -  
 $1,853 

 
 Operations
 – Slacker 
  (1,935) 
  555  
  1  
  302  
  -  
  1,634  
  -  
  557 

 
 Operations
 – Other 
  (1,507) 
  54  
  27  
  475  
  -  
  (426) 
  (26) 
  (1,403)

 
 Corporate 
  (3,676) 
  -  
  1,204  
  107  
  187  
  1,469  
  -  
  (709)

 
 Total 
 $(7,579) 
 $776  
 $1,587  
 $2,637  
 $225  
 $2,678  
 $(26) 
 $298 

 
   
     
     
     
     
     
     
     
    

 
 Three
 Months Ended March 31, 2025 
     
     
     
     
     
     
     
    

 
 Operations
 – PodcastOne 
 $(2,336) 
 $470  
 $267  
 $432  
 $3  
 $-  
 $12  
 $(1,152)

 
 Operations
 – Slacker 
  (2,786) 
  5,761  
  (144) 
  167  
  45  
  132  
  -  
  3,175 

 
 Operations
 – Other 
  (4,073) 
  2,802  
  79  
  69  
  18  
  33  
  1  
  (1,071)

 
 Corporate 
  (1,641) 
  -  
  (28) 
  (109) 
  438  
  (327) 
  227  
  (1,440)

 
 Total 
 $(10,836) 
 $9,033  
 $174  
 $559  
 $504  
 $(162) 
 $240  
 $(488)

 
 

 
   
    
    
    
    
 Non-  
    
    
   

 
   
    
    
    
    
 Recurring  
    
    
   

 
   
 Net  
 Depreciation  
 Employee  
 Other  
 Acquisition
 and  
 Other  
 (Benefit)  
   

 
   
 Income  
 and  
 Stock-Based  
 Stock-Based  
 Realignment  
 (Income)  
 Provision  
 Adjusted 

 
   
 (Loss)*  
 Amortization*  
 Compensation*  
 Compensation*  
 Costs
 (1)*  
 Expense
 (2)*  
 for
 Taxes*  
 EBITDA* 

 Year Ended March 31, 2026 
    
    
    
    
    
    
    
   

 
 Operations – PodcastOne 
 $(2,644) 
 $616  
 $1,654  
 $6,557  
 $120  
 $2  
 $-  
 $6,305 

 
 Operations – Slacker 
  (3,063) 
  767  
  (126) 
  560  
  (8) 
  1,691  
  -  
  (179)

 
 Operations – Other 
  (3,787) 
  242  
  176  
  1,108  
  35  
  (256) 
  (26) 
  (2,507)

 
 Corporate 
  (11,759) 
  1  
  1,273  
  (682) 
  2,262  
  4,306  
  56  
  (4,542)

 
 Total 
 $(21,253) 
 $1,626  
 $2,978  
 $7,544  
 $2,409  
 $5,743  
 $30  
 $(923)

 
   
     
     
     
     
     
     
     
    

 
 Year Ended March 31, 2025 
     
     
     
     
     
     
     
    

 
 Operations – PodcastOne 
 $(6,458) 
 $1,671  
 $2,671  
 $1,544  
 $47  
 $-  
 $24  
 $(501)

 
 Operations – Slacker 
  3,570  
  11,875  
  561  
  722  
  244  
  1,707  
  -  
  18,679 

 
 Operations – Other 
  (8,166) 
  3,430  
  1,361  
  (474) 
  640  
  123  
  1  
  (3,085)

 
 Corporate 
  (9,316) 
  5  
  254  
  1,004  
  886  
  668  
  (210) 
  (6,709)

 
 Total 
 $(20,370) 
 $16,981  
 $7,643  
 $7,643  
 $1,817  
 $2,498  
 $(185) 
 $8,384 

 
 

 
 (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 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 “About Non-GAAP Financial Measures” within this release.

 
 

 7

  

 

 

LiveOne, Inc.

Reconciliation of Non-GAAP Measure to GAAP Measure

Contribution Margin* Reconciliation (Unaudited)

(In thousands)

 

 
   
 Three Months Ended March 31  
 Year Ended March 31 

 
   
 2026*  
 2025*  
 2026*  
 2025* 

 
 Revenue: 
 $18,919  
 $19,288  
 $77,144  
 $114,405 

 
 Less: 
     
     
     
    

 
 Cost of Sales 
  15,424  
  13,344  
  64,865  
  85,241 

 
 Amortization of Developed Technology 
  (540) 
  (834) 
  (1,014) 
  (3,087)

 
 Gross Profit 
  2,955  
  5,110  
  11,265  
  26,077 

 
   
     
     
     
    

 
 Add backs: 
     
     
     
    

 
 Share-based Compensation 
  1,367  
  123  
  4,998  
  1,042 

 
 Depreciation 
  3  
  70  
  32  
  146 

 
 Amortization of Developed Technology: 
  540  
  834  
  1,014  
  3,087 

 
 Contribution Margin* 
 $4,865  
 $6,137  
 $17,309  
 $30,352 

 
 

 
 *
 See the definition of Contribution Margin under “About Non-GAAP Financial Measures” within this release.

 
 

##END##

 

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