"You Only Live Once" is a track from The Strokes' third studio album, "First Impressions of Earth," which was released in January 2006. At this point in their career, The Strokes were navigating a transition after the significant success of their first two albums, "Is This It" (2001) and "Room on Fire" (2003). "First Impressions of Earth" received a more mixed response from critics and fans compared to their earlier works, reflecting the band's evolution in sound and a shift in public perception. The live recording of "You Only Live Once" showcases the band's ability to blend catchy melodies with a raw, garage rock aesthetic, maintaining their signature style during a pivotal moment in their career. Notably, the release of this album marked a departure in their creative direction, further establishing The Strokes' position as influential figures in the rock revival movement of the early 2000s.