Note 5 - Accounts Payable and Accrued Liabilities

6 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

Note 5 — Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities at September 30, 2025 and March 31, 2025 were as follows (in thousands):

	September 30,		March 31,
	2025		2025
Accounts payable	$	1,531	$	1,285
Accrued revenue share		1,978		1,962
Accrued stock to be issued		3,039		1,369
Other accrued liabilities		781		923
	$	7,329	$	5,539

Accrued revenue share can be attributed to monies owed to content creators who provide their podcast or other media content for the Company to sell to consumers. The Company accrues a liability based on the percentage of revenue owed to each content creator at the time of sale. The Company accrues for stock obligations which have not been issued as period end. As of September 30, 2025 and March 31, 2025, the Company has accrued for $3.0 million and 1.4 million, respectively.