Quarterly report pursuant to sections 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash $ 253,390 $ 447,548
Accounts Receivable, net 336,824 1,084,233
Inventory 300,086 326,072
Prepaid and Other Assets 146,475 139,983
Total Current Assets 1,036,775 1,997,836
Property and Equipment, net 18,715 23,736
Capitalized Product Development in Process 419,135 246,617
Intangible Assets, net 282,916 356,070
Debenture Issuance Costs 127,484 191,762
Total Assets 1,885,025 2,816,021
Current Liabilities:    
Accounts Payable 902,302 971,097
Accrued Expenses 331,524 496,662
Accrued Salaries and Wages 787,302 516,083
Accrued Interest - Debentures 45,716 45,716
Derivative Liability 58,205 68,962
Notes Payable - short term portion (Net of Discount of $322,903 and $0, respectively) 677,097   
Total Current Liabilities 2,802,146 2,098,520
Long Term Liabilities:    
Notes Payable (Net of Discount of $0 and $485,147, respectively)    514,853
Notes Payable and Accrued Interest - Related Parties 461,425 447,891
Total Liabilities 3,263,571 3,061,264
Stockholders' Equity (Deficit)    
Common Stock, $0.001 par value, 250,000,000 shares authorized; 73,123,888 and 71,912,617 shares issued and outstanding, respectively 73,124 71,913
Additional Paid in Capital 10,245,468 9,890,868
Accumulated Deficit (11,697,138) (10,208,024)
Total Genius Brands International, Inc. Stockholders' Equity (Deficit) (1,378,546) (245,243)
Total Liabilities & Stockholders' Equity (Deficit) $ 1,885,025 $ 2,816,021