5. Film and Television Costs, Net
|12 Months Ended|
Dec. 31, 2016
|Film And Television Costs Net|
|Film and Television Costs, net||
As of December 31, 2016, the Company had net Film and Television Costs of $2,260,964 compared to $1,003,546 at December 31, 2015. The increase relates primarily to the production and development of SpacePop, Llama Llama, Rainbow Rangers, and Stan Lee’s Cosmic Crusaders offset by the amortization of film costs associated with the revenue recognized for Thomas Edison’s Secret Lab and SpacePop.
During the years ended December 31, 2016 and 2015, the Company recorded Film and Television Cost amortization expense of $167,788 and $127,552, respectively.
The following table highlights the activity in Film and Television Costs as during the years ended December 31, 2016 and 2015: