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 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]        
Revenues $ 19,839,923 $ 4,263,979 $ 39,944,357 $ 12,271,031
Cost of revenues 14,233,724 2,328,883 27,928,283 7,098,979
Gross profit 5,606,199 1,935,096 12,016,074 5,172,052
Operating expenses:        
General and administrative expenses 2,158,398 1,570,731 4,524,271 3,488,099
Sales and marketing expenses 2,249,323 1,453,705 5,246,073 3,641,182
Total operating expenses 4,407,721 3,024,436 9,770,344 7,129,281
Operating income (loss) 1,198,478 (1,089,340) 2,245,730 (1,957,229)
Other expense:        
Interest expense, net (334,986) (5,314) (680,469) (4,196,944)
Other income 355,016 (566) 367,569 27,939
Gain on deriative liability 0 0 0 83,580
Total other expense, net 20,030 (5,880) (312,900) (4,085,425)
Income (loss) before provision for income taxes 1,218,508 (1,095,220) 1,932,830 (6,042,654)
Provision for income taxes 0 0 413,980 0
Net income (loss) 1,218,508 (1,095,220) 1,518,850 (6,042,654)
Net income attributed to noncontrolling interest 0 0 124,194 0
Net income (loss) attributed to Live Ventures Incorporated $ 1,218,508 $ (1,095,220) $ 1,394,656 $ (6,042,654)
Earnings (loss) per share - basic $ .07 $ (.07) $ .08 $ (.39)
Earnings (loss) per share - diluted $ .06 $ (.07) $ .07 $ (.39)
Weighted average common shares outstanding - basic 16,895,709 16,045,823 16,900,429 15,573,357
Weighted average common shares outstanding - diluted 18,954,589 16,045,823 19,099,057 15,573,357