Quarterly report pursuant to sections 13 or 15(d)

Statements of Operations (unaudited)

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Statements of Operations (unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Product Sales $ 702,812 $ 1,001,251
Licensing & Royalties 31,427 29,696
Total Revenues 734,239 1,030,947
Cost of Sales (Excluding Depreciation) 647,309 734,131
Gross Profit 86,930 296,816
Operating Expenses:    
Product Development 26,991 5,680
Professional Services 64,506 73,875
Rent Expense 6,947 9,432
Marketing & Sales 54,719 189,557
Depreciation & Amortization 39,172 38,715
Salaries and Related Expenses 471,147 409,364
Stock Compensation Expense 58,279 61,960
Other General & Administrative 56,205 75,404
Total Operating Expenses 777,966 863,987
Loss from Operations (691,036) (567,171)
Other Income (Expense):    
Other Income 16 85
Interest Expense (155,259) (1,160)
Interest Expense - Related Parties (6,724) (32,055)
Gain (loss) on derivative valuation (92,862)   
Net Other Income (Expense) (254,829) (33,130)
Loss before Income Tax Expense and Noncontrolling Interest (945,865) (600,301)
Income Tax Expense      
Net Loss (945,865) (600,301)
Net Loss attributable to Noncontrolling Interest    (5,366)
Net Loss attributable to Genius Brands International, Inc. $ (945,865) $ (605,667)
Net Loss per common share $ (0.01) $ (0.01)
Weighted average shares outstanding 72,215,885 60,698,815