Business Context and Reporting Period
Company: PodcastOne, Inc. (PODC)
Filing Type: Form 8-K (Current Report)
Date of Report: April 28, 2026
Reporting Period: Effective May 1, 2026 (Executive Transition)
This filing announces a significant change in executive leadership, specifically the departure of the Chief Financial Officer and the appointment of an interim replacement.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on personnel changes and related compensation arrangements.
Material Changes
- Departure: Ryan Carhart, former Chief Financial Officer, Treasurer, and Secretary, notified the Company on April 28, 2026, of his departure effective May 1, 2026, to pursue another professional opportunity. The departure was not due to any dispute with the Company.
- Appointment: Craig Christensen was appointed as Interim Chief Financial Officer, Interim Treasurer, Interim Secretary, and Principal Accounting Officer, effective May 1, 2026.
- Parent Company Role: Mr. Christensen was simultaneously appointed to the same interim positions with LiveOne, Inc., the Company's parent.
Guidance, Outlook, and Management Commentary
Compensation Arrangement:
- Fee: $6,250 per week on a month-to-month basis.
- Equity Bonuses:
- 10,000 shares of LiveOne common stock upon filing of the 2026 Annual Report (Form 10-K).
- 5,000 shares of LiveOne common stock upon filing of the Q2 2026 Quarterly Report (Form 10-Q).
Future Outlook:
- LiveOne and Mr. Christensen agreed to engage in good faith discussions within approximately 90 days regarding a potential transition to a full-time Chief Financial Officer role.
- Terms for a full-time position, including cash compensation and benefits, are subject to future negotiation.
Risks and Contingencies: The filing states there are no family relationships between Mr. Christensen and the Company's officers or directors, and no other material transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the filing status of the 2026 Form 10-K and Q2 2026 Form 10-Q to confirm eligibility for Mr. Christensen's equity bonuses.
- Monitor upcoming announcements regarding the outcome of the 90-day negotiation period for a permanent CFO appointment.
- Review the attached press release (Exhibit 99.1) for additional context on the leadership transition.
- Confirm the impact of the CFO transition on the Company's internal controls and financial reporting timeline.