Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]    
Revenues $ 20,104,434 $ 8,007,052
Cost of revenues 13,694,559 4,770,096
Gross profit 6,409,875 3,236,956
Operating expenses:    
General and administrative expenses 2,365,873 1,917,368
Sales and marketing expenses 2,996,750 2,187,477
Total operating expenses 5,362,623 4,104,845
Operating income (loss) 1,047,252 (867,889)
Other expense:    
Interest expense, net (345,483) (4,191,630)
Other income 12,553 28,505
Gain on deriative liability 0 83,580
Total other expense, net (332,930) (4,079,545)
Income (loss) before provision for income taxes 714,322 (4,947,434)
Provision for income taxes 413,980 0
Net income (loss) 300,342 (4,947,434)
Net income attributed to noncontrolling interest 124,194 0
Net income (loss) attributed to Live Ventures Incorporated $ 176,148 $ (4,947,434)
Earnings (loss) per share - basic $ 0.01 $ (0.33)
Earnings (loss) per share - diluted $ 0.01 $ (0.33)
Weighted average common shares outstanding - basic 16,905,098 15,111,162
Weighted average common shares outstanding - diluted 19,219,449 15,111,162