v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and Cash Equivalents $ 50,461,566 $ 305,121
Accounts Receivable, net 2,399,363 4,101,679
Inventory, net 9,277
Prepaid Expenses and Other Assets 2,004,029 230,172
Total Current Assets 54,864,958 4,646,249
Property and Equipment, net 60,021 64,876
Right Of Use Assets, net 2,024,983 4,009,837
Film and Television Costs, net 11,300,812 9,906,885
Lease Deposits 43,001 368,001
Investment in Stan Lee Universe, LLC 500,000 0
Intangible Assets, net 39,432 51,583
Goodwill 10,365,806 10,365,806
Total Assets 79,199,013 29,413,237
Current Liabilities:    
Accounts Payable 715,367 946,450
Accrued Expenses 223,767 124,940
Participations Payable 2,652,825 2,271,613
Deferred Revenue 775,396 664,887
Secured Convertible Notes, net 0 2,373,952
Payroll Protection Program 366,267 0
Warrant Derivative Liability 1,622,995 0
Lease Liability 139,401 598,747
Due To Related Party 151,451 1,084,315
Accrued Salaries and Wages 343,442 231,481
Total Current Liabilities 6,990,911 8,296,385
Long Term Liabilities:    
Deferred Revenue 4,530,611 4,444,066
Lease Liability 2,109,142 3,569,345
Production Facility, net 1,506,519 3,091,739
Disputed Trade Payable 925,000 925,000
Total Liabilities 16,062,183 20,326,535
Stockholders' Equity    
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, 100 and 1,097 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 0 1
Common Stock, $0.001 par value, 400,000,000 shares authorized 219,029,900 and 21,877,724 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 219,030 21,878
Additional Paid in Capital 521,911,592 75,117,076
Accumulated Deficit (458,988,674) (66,047,135)
Accumulated Other Comprehensive Income (Loss) (5,118) (5,118)
Total Stockholders' Equity 63,136,830 9,086,702
Total Liabilities and Stockholders' Equity $ 79,199,013 $ 29,413,237

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