Quarterly report pursuant to Section 13 or 15(d)

6. Film and Television Costs and Capitalized Product Development in Process

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6. Film and Television Costs and Capitalized Product Development in Process
3 Months Ended
Mar. 31, 2016
Film And Television Costs And Capitalized Product Development In Process  
Film and Television Costs and Capitalized Product Development in Process

As of March 31, 2016, the Company had Film and Television Costs, Net of $889,119 compared to $1,003,456 at December 31, 2015. The decrease relates the amortization of film costs associated with the revenue recognized for Thomas Edison’s Secret Lab offset by increases related to the production and development of Space Pop and Llama Llama. During the three months ended March 31, 2016 and 2015, the Company recorded Film and Television Cost amortization expense of $117,513 and $0, respectively. The Company recorded accumulated Film and Television Cost amortization of $245,064 and $127,551 as of March 31, 2016 and December 31, 2015, respectively.