Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash Flows from Operating Activities:      
Net Loss $ (7,064,000) $ (23,859,000)  
Adjustments to Reconcile Net Loss to Net Cash Provided by (Used in) Operating Activities:      
Amortization of Film and Television Costs 62,000 236,000  
Depreciation and Amortization of Property, Equipment & Intangible Assets 610,000 705,000  
Amortization of Right-of-Use Asset 561,000 748,000  
Amortization of Premium on Marketable Securities 26,000 169,000  
Share-Based Compensation Expense 226,000 910,000  
Impairment of Intangible Assets 0 4,023,000  
Impairment of Goodwill 0 11,287,000  
Impairment of Property and Equipment 0 120,000  
Deferred Income Taxes 0 (934,000)  
Loss on Revaluation of Equity Investments in Your Family Entertainment AG 0 895,000  
Unrealized (Gain) Loss on Foreign Currency of Equity Investments in Your Family Entertainment AG 413,000 (308,000)  
Gain on Warrant Revaluation (37,000) (139,000)  
Realized Loss on Marketable Securities 141,000 1,537,000  
Stock Issued for Services 74,000 0  
Credit Loss Expense 65,000 161,000  
Other Non-Cash Items 5,000 2,000  
Decrease (Increase) in Operating Assets:      
Accounts Receivable, net 4,620,000 5,107,000  
Other Receivable (436,000) 294,000  
Tax Credits Earned (less capitalized) (1,970,000) (4,597,000)  
Tax Credits Received, net 10,251,000 7,237,000  
Film and Television Costs, net (162,000) (365,000)  
Prepaid Expenses and Other Assets (849,000) 379,000  
Increase (Decrease) in Operating Liabilities:      
Accounts Payable (4,860,000) (5,838,000)  
Accrued Salaries & Wages 219,000 370,000  
Accrued Expenses 1,121,000 129,000  
Accrued Production Costs 366,000 (94,000)  
Participations Payable (224,000) (373,000)  
Deferred Revenue 652,000 (2,749,000)  
Lease Liability 41,000 (195,000)  
Due to Related Party (1,000) (2,000)  
Other Liabilities (5,000) (21,000)  
Net Cash Provided by (Used in) Operating Activities 3,845,000 (5,165,000)  
Cash Flows from Investing Activities:      
Repayments from/(Loans to) Related Party for Note Receivables 32,000 (52,000)  
Proceeds from Principal Collections on Marketable Securities 0 460,000  
Proceeds from Sales and Maturities of Marketable Securities 2,562,000 14,257,000  
Purchase of Property & Equipment (34,000) (17,000)  
Net Cash Provided by Investing Activities 2,560,000 14,648,000  
Cash Flows from Financing Activities:      
Proceeds from Margin Loan 3,081,000 4,408,000  
Repayments of Margin Loan (923,000) (15,648,000)  
Proceeds from Production Facilities 2,828,000 3,771,000  
Repayment of Production Facilities (9,654,000) (5,966,000)  
(Repayments of )/Proceeds from Bank Indebtedness, net (2,841,000) 2,117,000  
Principal Payments on Finance Lease Obligations (362,000) (535,000)  
Debt Issuance Costs (20,000) (45,000)  
Shares Withheld for Taxes on Vested Restricted Shares 0 (9,000)  
Payment for Warrant Put Option Exercise 0 (250,000)  
Net Cash Used in Financing Activities (7,891,000) (12,157,000)  
Effect of Exchange Rate Changes on Cash 154,000 7,000  
Net Decrease in Cash (1,332,000) (2,667,000)  
Beginning Cash 4,095,000 7,432,000 $ 7,432,000
Ending Cash 2,763,000 4,765,000 $ 4,095,000
Non-Cash Financing and Investing Activities      
Leased Assets Obtained in Exchange for New Finance Lease Liabilities $ 0 $ 1,216,000