v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 4,884,149 $ 100,456,324
Investment in Marketable Securities (amortized cost of $125,692,272) 125,340,336 0
Accounts Receivable, net 4,911,773 1,731,373
Other Receivable 643,687 0
Prepaid Expenses and Other Assets 7,266,226 6,378,392
Total Current Assets 143,046,171 108,566,089
Property and Equipment, net 399,214 95,828
Right of Use Assets, net 2,221,287 1,972,364
Film and Television Costs, net 16,293,040 11,828,494
Lease Deposits 78,739 43,001
Investment in ChizComm 0 300,798
Investment in Stan Lee Universe, LLC 2,000,000 1,000,000
Intangible Assets, net 9,310,300 28,694
Goodwill 19,976,832 10,365,806
Total Assets 193,325,583 134,201,074
Current Liabilities:    
Accounts Payable 4,604,829 785,526
Accrued Expenses 155,327 408,459
Participations Payable 3,947,945 3,160,016
Deferred Revenue 365,548 684,129
Notes Payable 28,249 0
Payroll Protection Program 0 366,267
Warrant Derivative Liability 1,094,023 1,197,068
Lease Liability 568,407 146,099
Due to Related Party 230,931 2,420
Accrued Salaries and Wages 612,040 428,922
Total Current Liabilities 11,607,299 7,178,906
Long Term Liabilities:    
Deferred Revenue 3,573,291 3,748,248
Lease Liability 1,945,079 2,052,530
Production Facility, net 0 1,099,713
Contingent Earn Out 7,210,000 0
Notes Payable 87,946 0
Disputed Trade Payable 925,000 925,000
Total Liabilities 25,348,615 15,004,397
Stockholders’ Equity    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding as of September 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 September 30, 2021 and December 31, 2020, respectively 300,792 258,439
Additional Paid in Capital 730,477,723 588,500,680
Accumulated Deficit (562,464,295) (469,557,324)
Accumulated Other Comprehensive Loss (337,252) (5,118)
Total Stockholders' Equity 167,976,968 119,196,677
Total Liabilities and Stockholders’ Equity $ 193,325,583 $ 134,201,074

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