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PodcastOne (PODC) warns of going concern risk despite $16.1M in revenue
PodcastOne (PODC) reported a Q1 2027 revenue of $16.1 million, an 8% increase year-over-year, but also posted a net loss of $1.6 million, increasing its accumulated deficit to $40.3 million. The company's management highlighted a substantial doubt about its ability to continue as a going concern within the next year without securing additional financing, as current cash resources …