Quarterly report pursuant to sections 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash $ 179,835 $ 447,548
Accounts Receivable, net 557,332 1,084,233
Inventory 344,946 326,072
Prepaid and Other Assets 110,458 139,983
Total Current Assets 1,192,571 1,997,836
Property and Equipment, net 21,141 23,736
Capitalized Product Development in Process 320,306 246,617
Intangible Assets, net 319,493 356,070
Debenture Issuance Costs 159,623 191,762
Total Assets 2,013,134 2,816,021
Current Liabilities:    
Accounts Payable 883,423 971,097
Accrued Expenses 349,420 496,662
Accrued Salaries and Wages 614,991 516,083
Accrued Interest - Debentures 45,716 45,716
Derivative Liability 161,824 68,962
Notes Payable - short term portion 250,000   
Total Current Liabilities 2,305,374 2,098,520
Long Term Liabilities:    
Notes Payable (Net of Discount of $404,025 and $485,147, respectively) 345,975 514,853
Notes Payable and Accrued Interest - Related Parties 454,614 447,891
Total Liabilities 3,105,963 3,061,264
Stockholders' Equity (Deficit)    
Common Stock, $0.001 par value, 250,000,000 shares authorized; 72,383,205 and 71,912,617 shares issued and outstanding, respectively 72,383 71,913
Additional Paid in Capital 9,988,677 9,890,868
Accumulated Deficit (11,153,889) (10,208,024)
Total Genius Brands International, Inc. Stockholders' Equity (Deficit) (1,092,829) (245,243)
Total Liabilities & Stockholders' Equity (Deficit) $ 2,013,134 $ 2,816,021