$PODC·8-K

PodcastOne, Inc. · May 1, 4:30 PM ET

Compare

PodcastOne, Inc. 8-K

Research Summary

AI-generated summary

Updated

PodcastOne, Inc. Appoints Interim CFO; Former CFO Departs

What Happened
PodcastOne, Inc. filed an 8-K reporting that Ryan Carhart, the Company’s Chief Financial Officer, Treasurer and Secretary, notified the company on April 28, 2026 that he is leaving to pursue another opportunity effective May 1, 2026. The company appointed Craig Christensen (age 48) as Interim Chief Financial Officer, Interim Treasurer, Interim Secretary and Principal Accounting Officer effective May 1, 2026. The appointment was announced in a press release dated April 28, 2026 and Mr. Christensen will also hold the same interim roles at parent company LiveOne.

Key Details

  • Effective date: May 1, 2026; departure notification from Mr. Carhart on April 28, 2026. Company states Mr. Carhart’s departure was not due to any dispute.
  • Interim hiring terms: LiveXLive (LiveOne’s subsidiary) entered a month-to-month consulting agreement with Mr. Christensen (agreement dated April 27, 2026) paying $6,250 per week.
  • Equity incentives: Mr. Christensen can earn 10,000 shares of LiveOne common stock if the Company and LiveOne file their Form 10-K for fiscal year ended March 31, 2026 during his term, and 5,000 shares if they file their Form 10-Q for quarter ended June 30, 2026 during his term.
  • Background: Mr. Christensen has 25+ years in finance, is a licensed CPA in California, holds a B.A. in Business Economics from UCSB, and most recently served as CFO of 180 Health Services (since May 2025) and previously held senior finance roles at Montrose Environmental Group, Econolite Group, Iteis Inc., SM&A and Ernst & Young.

Why It Matters
A change in the company’s finance leadership can affect timing and oversight of financial reporting and controls—key areas for investors monitoring quarterly and annual filings. The interim appointment ties Mr. Christensen to LiveOne/LiveXLive through a consulting agreement with explicit incentives tied to filing the Form 10-K and Form 10-Q, and the parties plan to discuss a possible transition to a full-time CFO role within about 90 days. The filing notes no dispute surrounding the prior CFO’s departure, which reduces immediate governance concern, but investors should watch for any further announcements about a permanent CFO hire and for timely filing of upcoming reports.

Loading document...