v3.19.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and Cash Equivalents $ 633,561 $ 2,684,483
Restricted Cash 0 400,543
Accounts Receivable, net 3,921,433 2,160,296
Other Receivable 2,310 20,902
Inventory 12,518 15,816
Prepaid and Other Assets 441,474 297,542
Total Current Assets 5,011,296 5,579,582
Property and Equipment, net 74,387 75,634
Right Of Use Assets, net 4,115,532 0
Film and Television Costs, net 9,450,233 8,166,131
Lease Deposits 368,001 325,000
Intangible Assets, net 61,039 89,988
Goodwill 10,365,806 10,365,806
Total Assets 29,446,294 24,602,141
Current Liabilities:    
Accounts Payable 1,214,756 285,563
Accrued Expenses [1] 150,956 52,865
Participations Payable 2,010,439 1,078,557
Deferred Revenue 737,783 874,503
Secured Convertible Notes, net 3,050,312 1,831,847
Lease Liability 518,314 0
Due to Related Parties 933,596 346,759
Accrued Salaries and Wages [2] 242,419 137,825
Total Current Liabilities 8,858,575 4,607,919
Long Term Liabilities:    
Deferred Revenue 4,193,832 4,051,253
Lease Liability 3,683,115 0
Production Facility, net 3,050,416 2,178,198
Disputed Trade Payable 925,000 925,000
Total Liabilities 20,710,938 11,762,370
Stockholders' Equity:    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized 2,120 and 2,120 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 2 2
Common Stock, $0.001 par value, 233,333,334 shares authorized, 11,933,365 and 9,457,859 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 11,934 9,458
Additional Paid in Capital 70,903,988 63,537,915
Accumulated Deficit (62,175,450) (50,702,486)
Accumulated Other Comprehensive Income (Loss) (5,118) (5,118)
Total Stockholders' Equity 8,735,356 12,839,771
Total Liabilities & Stockholders' Equity $ 29,446,294 $ 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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