v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 58,372,335 $ 100,456,324
Investment in Marketable Securities (amortized cost of $80,902,119) 80,392,494 0
Accounts Receivable, net 5,986,844 1,731,373
Prepaid Expenses and Other Assets 7,769,963 6,378,392
Total Current Assets 152,521,636 108,566,089
Property and Equipment, net 333,898 95,828
Right of Use Assets, net 2,299,230 1,972,364
Film and Television Costs, net 14,972,446 11,828,494
Lease Deposits 78,739 43,001
Investment in ChizComm 0 300,798
Investment in Stan Lee Universe, LLC 1,500,000 1,000,000
Intangible Assets, net 9,518,769 28,694
Goodwill 19,995,036 10,365,806
Total Assets 201,219,754 134,201,074
Current Liabilities:    
Accounts Payable 8,413,030 785,526
Accrued Expenses 151,345 408,459
Participations Payable 3,823,742 3,160,016
Deferred Revenue 775,996 684,129
Payroll Protection Program 0 366,267
Warrant Derivative Liability 1,513,883 1,197,068
Lease Liability 219,858 146,099
Due to Related Party 139,006 2,420
Accrued Salaries and Wages 470,240 428,922
Total Current Liabilities 15,507,100 7,178,906
Long Term Liabilities:    
Deferred Revenue 3,181,941 3,748,248
Lease Liability 2,499,633 2,052,530
Production Facility, net 274,365 1,099,713
Contingent Earn Out 7,210,000 0
Disputed Trade Payable 925,000 925,000
Total Liabilities 29,598,039 15,004,397
Stockholders’ Equity    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020 0 0
Common Stock, $0.001 par value, 400,000,000 shares authorized 300,791,335 and 258,438,514 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 300,792 258,439
Additional Paid in Capital 724,924,857 588,500,680
Accumulated Deficit (553,200,246) (469,557,324)
Accumulated Other Comprehensive Loss (403,688) (5,118)
Total Stockholders' Equity 171,621,715 119,196,677
Total Liabilities and Stockholders’ Equity $ 201,219,754 $ 134,201,074

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