Quarterly report pursuant to sections 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash $ 149,513 $ 405,341
Accounts Receivable, net 1,019,282 1,021,039
Inventory 345,632 340,782
Prepaid and Other Assets 294,372 168,486
Total Current Assets 1,808,799 1,935,648
Property and Equipment, net 26,404 32,894
Capitalized Product Development in Process 318,744 278,696
Intangible Assets, net 302,829 405,019
Debenture Issuance Costs 223,901 0
Total Assets 2,680,677 2,652,257
Current Liabilities:    
Accounts Payable 816,137 1,008,460
Accrued Expenses 410,902 408,684
Accrued Salaries and Wages 436,851 193,519
Accrued Interest - Debentures 60,382 19,049
Unearned Revenue      
Total Current Liabilities 1,724,272 1,629,712
Long Term Liabilities:    
Debenture (Net of discount) and Accrued Interest 669,355   
Notes Payable - Related Parties and Accrued Interest 441,732 2,143,178
Total Liabilities 2,835,359 3,772,890
Stockholders' Equity (Deficit)    
Common Stock, $0.001 par value, 250,000,000 shares authorized; 71,912,617 and 60,698,815 shares issued and outstanding, respectively 71,913 60,699
Additional Paid in Capital 9,818,795 6,959,083
Accumulated Deficit (10,045,390) (8,135,049)
Total Genius Brands International, Inc. Stockholders' Equity (Deficit) (154,682) (1,115,267)
Noncontrolling Interest    (5,366)
Total Equity (154,682) (1,120,633)
Total Liabilities & Stockholders' Equity (Deficit) $ 2,680,677 $ 2,652,257