v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 143,612,749 $ 100,456,324
Accounts Receivable, net 7,407,452 1,731,373
Prepaid Expenses and Other Assets 8,165,903 6,378,392
Total Current Assets 159,186,104 108,566,089
Property and Equipment, net 245,927 95,828
Right Of Use Assets, net 2,373,071 1,972,364
Film and Television Costs, net 13,106,727 11,828,494
Lease Deposits 91,129 43,001
Investment in ChizComm 0 300,798
Investment in Stan Lee Universe, LLC 1,250,000 1,000,000
Intangible Assets, net 9,567,172 28,694
Goodwill 19,972,833 10,365,806
Total Assets 205,792,963 134,201,074
Current Liabilities:    
Accounts Payable 8,014,994 785,526
Accrued Expenses [1] 112,919 408,459
Participations Payable 3,274,178 3,160,016
Deferred Revenue 985,658 684,129
Payroll Protection Program 366,267 366,267
Warrant Derivative Liability 1,632,945 1,197,068
Lease Liability 390,305 146,099
Due To Related Party 1,349 2,420
Accrued Salaries and Wages 562,705 428,922
Total Current Liabilities 15,341,320 7,178,906
Long Term Liabilities:    
Deferred Revenue 3,543,845 3,748,248
Lease Liability 2,402,970 2,052,530
Production Facility, net 688,011 1,099,713
Contingent Earn Out 7,210,000 0
Disputed Trade Payable 925,000 925,000
Total Liabilities 30,111,146 15,004,397
Stockholders' Equity    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 0 0
Common Stock, $0.001 par value, 400,000,000 shares authorized 300,321,658 and 258,438,514 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 300,322 258,439
Additional Paid in Capital 721,203,155 588,500,680
Accumulated Deficit (545,816,267) (469,557,324)
Accumulated Other Comprehensive Loss (5,393) (5,118)
Total Stockholders' Equity 175,681,817 119,196,677
Total Liabilities and Stockholders' Equity $ 205,792,963 $ 134,201,074
[1] Represents accrued interest and legal fees.

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