Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]    
Revenues $ 33,369,866 $ 7,265,276
Cost of revenues 22,115,472 5,226,637
Gross profit 11,254,394 2,038,639
Operating expenses:    
General and administrative expenses 10,992,356 5,644,218
Sales and marketing expenses 6,684,833 893,705
Impairment of intangible assets 3,713,472 0
Total operating expenses 21,390,661 6,537,923
Operating loss (10,136,267) (4,499,284)
Other expense:    
Interest expense, net (4,485,661) (458,934)
Other income 202,063 240,565
Gain on deriative liability 83,580 56,272
Total other expense, net (4,200,018) (162,097)
Loss before provision for income taxes (14,336,285) (4,661,381)
Provision for income taxes 376,000 0
Net loss (14,712,285) (4,661,381)
Net income attributed to noncontrolling interest (46,156) 0
Net loss attributed to Live Ventures, Inc. $ (14,666,129) $ (4,661,381)
Earnings per share - basic and diluted:    
Loss per share - basic and diluted: $ (0.93) $ (0.35)
Weighted average common shares outstanding:    
Basic and diluted 15,765,818 13,144,248