v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and Cash Equivalents $ 2,229,735 $ 2,684,483
Restricted Cash 401,599 400,543
Accounts Receivable, net 1,227,121 2,160,296
Other Receivable 3,202 20,902
Inventory, net 12,666 15,816
Prepaid and Other Assets 478,599 297,542
Total Current Assets 4,352,922 5,579,582
Property and Equipment, net 71,120 75,634
Right Of Use Assets, net 1,941,136 0
Film and Television Costs, net 9,150,943 8,166,131
Lease Deposits 392,523 325,000
Intangible Assets, net 70,495 89,988
Goodwill 10,365,806 10,365,806
Total Assets 26,344,945 24,602,141
Current Liabilities:    
Accounts Payable 143,278 285,563
Accrued Expenses [1] 236,545 52,865
Participations Payable 1,079,931 1,078,557
Deferred Revenue 850,276 874,503
Secured Convertible Notes, net 4,500,000 1,831,847
Lease Liability 379,995 0
Due to Related Parties 401,778 346,759
Accrued Salaries and Wages [2] 257,184 137,825
Total Current Liabilities 7,848,987 4,607,919
Long Term Liabilities:    
Deferred Revenue 4,157,013 4,051,253
Lease Liability 1,610,223 0
Production Facility, net 2,613,110 2,178,198
Disputed Trade Payable 925,000 925,000
Total Liabilities 17,154,333 11,762,370
Stockholders' Equity:    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, respectively; 2,120 and 2,120 shares issued and outstanding, respectively 2 2
Common Stock, $0.001 par value, 233,333,334 shares authorized, respectively; 10,475,740 and 9,457,859 shares issued and outstanding, respectively 10,476 9,458
Additional Paid in Capital 66,936,918 63,537,915
Accumulated Deficit (57,751,666) (50,702,486)
Accumulated Other Comprehensive Income (Loss) (5,118) (5,118)
Total Equity 9,190,612 12,839,771
Total Liabilities & Stockholders' Equity $ 26,344,945 $ 24,602,141
[1] Represents accrued interest, insurance liability and lease deposit on sub-lease.
[2] Represents accrued salaries and wages and accrued vacation payable to employees for 2019 and accrued vacation payable to employees in 2018

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