Quarterly report pursuant to Section 13 or 15(d)

7. Accrued Liabilities (Details)

7. Accrued Liabilities (Details) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Payables and Accruals [Abstract]    
Accrued Salaries and Wages (a) [1] $ 140,352 $ 168,549
Disputed trade payables (b) [2] 925,000 925,000
Other Accrued Expenses (c) [3] 1,424,340 1,717,970
Total accrued liabilities - Current $ 2,489,692 $ 2,811,519
[1] Accrued Salaries and Wages represent accrued vacation payable to employees.
[2] As part of the Merger in 2013, the Company assumed certain liabilities from a previous member of A Squared which has claimed certain liabilities totaling $925,000. The Company disputes the basis for this liability. As of June 30, 2018, the Company believes that the statute of limitations applicable to the assertion of any legal claim relating to the collection of these liabilities has expired and therefore believes this liability is uncollectible.
[3] Other Accrued Expenses include estimates of expenses incurred but not yet recorded. The increase in Other Accrued Expenses from the year ended December 31, 2016 to December 31, 2017 relates to estimates of final dubbing costs and participation expense related to our Llama Llama property.