PodcastOne Inc 2026年季度报告

FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended June 30, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period from __________________ to __________________ Commission File Number:001-41795 PODCASTONE, INC.(Exact name of registrant as specified in its charter) Delaware35-2503373(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) (310)858-0888(Registrant’s telephone number, including area code) n/a(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant is required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period thatthe registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ Accelerated filer☐Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ As of August 12, 2026, there were 30,252,696 shares of the registrant’s common stock, $0.00001 par value per share, issued andoutstanding. Table of Contents PODCASTONE, INC. TABLE OF CONTENTS PART I —FINANCIAL INFORMATIONF-1Item 1.Financial StatementsF-1Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations1Item 3.Quantitative and Qualitative Disclosures About Market Risk15Item 4.Controls and Procedures15PART II —OTHER INFORMATION17Item 1.Legal Proceedings17Item 1A.Risk Factors17Item 2.Unregistered Sales of Equity Securities and Use of Proceeds19Item 3.Defaults Upon Senior Securities20Item 4.Mine Safety Disclosures20Item 5.Other Information20Item 6.Exhibits21Signatures22i PART I—FINANCIAL INFORMATION Item 1. Financial Statements. PageCondensed Consolidated Balance Sheets as of June 30, 2026 (unaudited) and March 31, 2026F-2Condensed Consolidated Statements of Operations for the three months ended June 30, 2026 and 2025 (unaudited)F-3Condensed Consolidated Statement of Stockholders’Equityfor the three months ended June 30, 2026and 2025(unaudited)F-4Condensed Consolidated Statements of Cash Flows for the three months ended June 30, 2026 and 2025 (unaudited)F-5Notes to the Condensed Consolidated Financial Statements (unaudited)F-6–F-21 PODCASTONE, INC.Condensed Consolidated Balance Sheets(Unaudited, in thousands, except share and per share amounts) Liabilities and Stockholders’ Equity The accompanying notes are an integral part of these condensed consolidated financial statements. PODCASTONE, INC.Condensed Consolidated Statements of Operations(Unaudited, in thousands, except share and per share amounts) PODCASTONE, INC.Condensed Consolidated Statements of Cash Flows(Unaudited, in thousands) Three Months EndedJune 30,20262025Cash Flows from Operating Activities:Net loss$(1,558)$(1,054)Adjustments to reconcile net loss to net cash (used in) provided by operating activities:Depreciation and amortization164241Stock-based compensation2,8971,465(Reversal of) Provision for credit losses(84)-Changes in operating assets and liabilities:Accounts receivable(173)(573)Prepaid expenses and other current assets5099Related party receivables/payables(3,335)435Accounts payable and accrued liabilities1,592290Other liabilities--Net cash (used in) provided by operating activities(447)903 PODCASTONE, INC.Notes to the Condensed Consolidated Financial Statements(Unaudited)For theThree Months Ended June 30, 2026 and 2025 Note 1—Organization and Basis of Presentation Organization PodcastOne, Inc. (“we,” “us,” “our”, the “Company” or “PodcastOne”), is a Delaware corporation headquartered in Beverly Hills,California. The Company is a leading podcast platform and publ