Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.1.9
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenues:    
Product Sales $ 497,273us-gaap_SalesRevenueGoodsNet $ 1,682,780us-gaap_SalesRevenueGoodsNet
Television & Home Entertainment 117,670GNUS_TelevisionHomeEntertainment 505,552GNUS_TelevisionHomeEntertainment
Licensing & Royalties 310,845us-gaap_LicensesRevenue 368,206us-gaap_LicensesRevenue
Total Revenues 925,788us-gaap_Revenues 2,556,538us-gaap_Revenues
Cost of Sales 500,000us-gaap_CostOfGoodsSold 1,504,138us-gaap_CostOfGoodsSold
Gross Profit 425,788us-gaap_GrossProfit 1,052,400us-gaap_GrossProfit
Operating Expenses:    
Product Development 1,700us-gaap_OtherCostAndExpenseOperating 139,082us-gaap_OtherCostAndExpenseOperating
Professional Services 953,463us-gaap_ProfessionalFees 451,537us-gaap_ProfessionalFees
Rent Expense 140,070us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 24,898us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Marketing & Sales 338,598us-gaap_SellingAndMarketingExpense 308,355us-gaap_SellingAndMarketingExpense
Depreciation & Amortization 109,753us-gaap_DepreciationAndAmortization 160,654us-gaap_DepreciationAndAmortization
Salaries and Related Expenses 1,432,314us-gaap_LaborAndRelatedExpense 1,329,715us-gaap_LaborAndRelatedExpense
Stock Compensation Expense 0us-gaap_AllocatedShareBasedCompensationExpense 539,185us-gaap_AllocatedShareBasedCompensationExpense
Bad Debt Expense 73,458us-gaap_ProvisionForDoubtfulAccounts 0us-gaap_ProvisionForDoubtfulAccounts
Other General and Administrative 852,895us-gaap_GeneralAndAdministrativeExpense 460,818us-gaap_GeneralAndAdministrativeExpense
Total Operating Expenses 3,902,251us-gaap_OperatingExpenses 3,414,244us-gaap_OperatingExpenses
Loss from Operations (3,476,463)us-gaap_OperatingIncomeLoss (2,361,844)us-gaap_OperatingIncomeLoss
Other Income (Expense):    
Other Income 34,700us-gaap_OtherOperatingIncome 208us-gaap_OtherOperatingIncome
Interest Expense (11,750)us-gaap_InterestExpense (1,663,632)us-gaap_InterestExpense
Interest Expense - Related Parties (25,842)us-gaap_InterestExpenseRelatedParty (30,189)us-gaap_InterestExpenseRelatedParty
Gain (loss) on Distribution Contracts (47,229)GNUS_GainLossOnDistributionContracts 4,997GNUS_GainLossOnDistributionContracts
(Gain) loss on Conversion of Accounts Payable (4,072)GNUS_GainLossOnConversionOfAccountsPayable 0GNUS_GainLossOnConversionOfAccountsPayable
Gain (loss) on Extinguishment of Debt 56,519us-gaap_GainsLossesOnExtinguishmentOfDebt (614,073)us-gaap_GainsLossesOnExtinguishmentOfDebt
Gain (loss) on Disposition of Assets (70,905)us-gaap_GainLossOnDispositionOfAssets1 (251,192)us-gaap_GainLossOnDispositionOfAssets1
Gain (loss) on Inventory (174,963)us-gaap_GainLossOnSaleOfOtherAssets 0us-gaap_GainLossOnSaleOfOtherAssets
Unrealized gain (loss) on Foreign Currency Translation (8,594)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Gain (loss) on Derivative Valuation 0us-gaap_UnrealizedGainLossOnDerivatives (1,886,943)us-gaap_UnrealizedGainLossOnDerivatives
Gain (loss) on Exchange of Warrants 0GNUS_GainLossOnExchangeOfWarrants (312,144)GNUS_GainLossOnExchangeOfWarrants
Net Other Income (Expense) (252,136)us-gaap_OtherNonoperatingIncomeExpense (4,752,968)us-gaap_OtherNonoperatingIncomeExpense
Loss before Income Tax Expense (3,728,599)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (7,114,812)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income Tax Expense 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
Net Loss from Continuing Operations (3,728,599)us-gaap_IncomeLossFromContinuingOperations (7,114,812)us-gaap_IncomeLossFromContinuingOperations
Net Loss from Discontinued Operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (101,219)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net Loss $ (3,728,599)us-gaap_NetIncomeLoss $ (7,216,031)us-gaap_NetIncomeLoss
Net Loss per Common Share from Continuing Operations $ (0.60)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $ (5.03)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
Net Loss per common share from Discontinued Operations $ 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare $ (0.07)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
Total net Loss per Common Share $ (0.60)us-gaap_EarningsPerShareBasicAndDiluted $ (5.10)us-gaap_EarningsPerShareBasicAndDiluted
Weighted Average Shares Outstanding 6,254,497us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 1,413,631us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted