PODC

Business Context and Reporting Period

Company: PodcastOne, Inc. (PODC)
Filing Type: Form 8-K (Current Report)
Date of Report: August 29, 2024
Reporting Period: This filing is a current report regarding a specific event on the date of filing, not a periodic financial report covering a fiscal quarter or year.

Key Financial Metrics

This Form 8-K does not contain specific financial data such as revenue, profit, cash flow, margins, debt, or liquidity figures. The filing serves to disclose the distribution of a Corporate Presentation rather than reporting new financial results.

Material Changes

No material changes to financial position or operations are reported in this document. The filing discloses the Company's intent to present and distribute its Corporate Presentation to the investment community and at industry conferences.

Guidance, Outlook, and Risks

Forward-Looking Statements: The filing explicitly states that the attached Corporate Presentation contains forward-looking statements subject to risks and uncertainties.
Key Risks Disclosed:

• Reliance on one key customer (LiveOne) for a substantial percentage of revenue.
• Ability to consummate proposed financing, acquisitions, mergers, or special dividends.
• Ability to continue as a going concern.
• Ability to attract, maintain, and increase listener numbers.
• Success in identifying, acquiring, and developing content.
• Compliance with financial and other covenants.
• Uncertain outcomes in legal proceedings and changes in economic conditions.

Management Commentary: The Company disclaims any obligation to update forward-looking statements except as required by law.

Investor Verification Checklist

• Review the attached Exhibit 99.1 (Corporate Presentation) for specific strategic details and non-GAAP metrics referenced in the filing.
• Verify the Company's "going concern" status by reviewing the most recent Form 10-Q (filed August 13, 2024) and Form 10-K (filed July 1, 2024).
• Assess the concentration risk regarding the key customer (LiveOne) mentioned in the risk factors.
• Monitor updates on proposed financing, acquisitions, or stock repurchase programs referenced in the forward-looking statements.