Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.22.2.2
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Total purchase price consideration paid
     
    Amount  
Cash   $ 38,310  
Genius Common Stock Issued     10,832  
Shares Issued Exchangeable for Genius Common Stock     722  
Stock Option Value of Replacement Options- Pre-Combination Vested Options     1,213  
Severance Payments     1,044  
Bonuses     529  
Total   $ 52,650  
Schedule of fair value of the assets acquired and the liabilities assumed
     
Cash and cash equivalents   $ 2,573  
Accounts Receivable     34,237  
Prepaid Expenses and Other     1,245  
Property and Equipment     1,936  
ROU Assets     10,311  
IP (In-Process)     4,600  
IP (Proprietary Productions)     5,684  
Tradename     7,631  
Customer Relationships     16,064  
Networks and Platforms     803  
Goodwill     21,399  
Accounts Payable     (1,547 )
Participations Payable     (1,380 )
Bank Debt     (1,475 )
Accrued Liabilities     (3,825 )
Interim Production Facilities     (16,930 )
Deferred Revenue     (18,080 )
Lease Liabilities     (10,614 )
Other Liabilities     (60 )
Total Consideration   $ 52,650  
Total purchase price consideration paid
     
    Amount  
SPA cash consideration at closing   $ 3,500  
APA cash consideration at closing     300  
Net working capital adjustment     269  
Total   $ 4,069  
Assets acquired and liabilities assumed
     
Cash   $ 176  
Accounts Receivable     238  
Prepaids Expenses     25  
Trade Name     23  
Digital Network     2,804  
Technology     300  
Goodwill     673  
Accounts Payable and Accrued Expenses     (140 )
Tax Liability     (30 )
Total Consideration   $ 4,069  
Supplemental pro forma information
                       
    Three Months Ended  
    Genius Brands Consolidated (including Wow and Ameba results)     Wow     Ameba  
    June 30, 2022     June 30, 2021     June 30, 2021(1)     June 30, 2021  
                         
Total Revenues   $ 22,124     $ 17,246     $ 14,732     $ 172  
                                 
Net Income (Loss)   $ (13,343 )   $ (6,933 )   $ 374     $ 87  
                                 
Net Loss per Common Share (Basic and Diluted)   $ (0.04 )   $ (0.02 )   $     $  
                                 
Weighted Average Shares Outstanding (Basic and Diluted)     315,519,907       300,646,819              

  

 

                                     
    Six Months Ended  
   

Genius Brands Consolidated

(including Wow and Ameba results)

    Wow     Ameba     Wow     Ameba  
    June 30, 2022     June 30, 2021     June 30, 2022(1)     June 30, 2022     June 30, 2021(1)     June 30, 2021  
                                     
Total Revenues   $ 41,667     $ 30,192     $ 35,810     $ 849     $ 26,453     $ 333  
                                                 
Net Income (Loss)   $ (16,926 )   $ (82,070 )   $ 1,154     $ (32 )   $ 1,418     $ 165  
                                                 
Net Loss per Common Share (Basic and Diluted)   $ (0.05 )   $ (0.28 )   $     $     $     $  
                                                 
Weighted Average Shares Outstanding (Basic and Diluted)     309,682,010       293,969,462                          

 

(1) The unaudited historical financial statements of Wow are not adjusted for conversion to U.S. GAAP from International Financial Reporting Standards, as the adjustments are immaterial to the periods presented.