Quarterly report pursuant to sections 13 or 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash $ 234,211 $ 447,548
Accounts Receivable, net 249,297 1,084,233
Inventory 271,421 326,072
Prepaid and Other Assets 138,386 139,983
Total Current Assets 893,315 1,997,836
Property and Equipment, net 19,375 23,736
Capitalized Product Development in Process 397,749 246,617
Intangible Assets, net 247,011 356,070
Debenture Issuance Costs 0 191,762
Total Assets 1,557,450 2,816,021
Current Liabilities:    
Accounts Payable 834,387 971,097
Accrued Expenses 199,633 496,662
Accrued Salaries and Wages 746,377 516,083
Accrued Interest - Debentures 40,663 45,716
Derivative Liability 2,040,240 68,962
Notes Payable - short term portion (Net of Discount of $979,500 and $0, respectively) 638,834 0
Total Current Liabilities 4,500,134 2,098,520
Long Term Liabilities:    
Notes Payable (Net of Discount of $0 and $485,147, respectively) 0 514,853
Notes Payable and Accrued Interest - Related Parties 469,389 447,891
Total Liabilities 4,969,523 3,061,264
Stockholders' Equity (Deficit)    
Common Stock, $0.001 par value, 700,000,000 shares authorized; 87,512,007 and 71,912,617 shares issued and outstanding, respectively 87,512 71,913
Additional Paid in Capital 10,894,489 9,890,868
Stock Subscription Payable 100,000 0
Accumulated Deficit (14,494,074) (10,208,024)
Total Genius Brands International, Inc. Stockholders' Equity (Deficit) (3,412,073) (245,243)
Total Liabilities & Stockholders' Equity (Deficit) $ 1,557,450 $ 2,816,021