Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net Income (Loss) $ 20,544,000 $ (12,858,000)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by (Used in) Operating Activities:    
Amortization of Film and Television Costs 549,000 107,000
Depreciation and Amortization of Property, Equipment and Intangible Assets 1,345,000 1,277,000
Amortization of Right-of-Use Assets 550,000 530,000
Amortization of Premium on Marketable Securities 0 7,000
Share Based Compensation Expense 384,000 135,000
Loss on Settlement of Related Party Note 0 1,344,000
Loss on Debt Settlement 754,000 0
Gain on Early Lease Termination 0 (4,000)
Loss on Revaluation of Equity Investments in Your Family Entertainment AG 3,471,000 7,418,000
Unrealized Loss (Gain) on Foreign Currency of Equity Investments in Your Family Entertainment AG 147,000 (1,761,000)
Accounts Payable Settled in Stock 1,702,000 0
Standstill Agreement Payable 4,000,000 0
Loss on Warrant Revaluation 0 232,000
Realized Loss on Marketable Securities 0 28,000
Stock Issued for Services 2,089,000 81,000
Stock Options Issued for Services 0 4,000
Credit Loss Expense 24,000 61,000
Non-cash Interest Expense 87,000 0
Other Non-Cash Items 0 13,000
Decrease (Increase) in Operating Assets:    
Accounts Receivable 7,539,000 5,050,000
Other Receivable 221,000 (149,000)
Tax Credits Earned (less capitalized) (3,975,000) (5,889,000)
Tax Credits Received, net 2,716,000 5,069,000
Film and Television Costs, net (3,041,000) (1,952,000)
Prepaid Expenses and Other Assets (815,000) (750,000)
Increase (Decrease) in Operating Liabilities:    
Accounts Payable (6,425,000) (5,221,000)
Accrued Salaries and Wages 47,000 656,000
Accrued Expenses 1,035,000 872,000
Accrued Production Costs 298,000 11,000
Participations Payable 142,000 (366,000)
Deferred Revenue (1,479,000) 213,000
Lease Liability (491,000) (447,000)
Due From Related Party 0 3,000
Other Liabilities 14,000 (4,000)
Net Cash Provided by (Used in) Operating Activities 31,432,000 (6,290,000)
Cash Flows from Investing Activities:    
Proceeds from Sales and Maturities of Marketable Securities 4,003,000 3,152,000
Investment in Marketable Securities (32,754,000) (1,771,000)
Purchase of Property and Equipment (75,000) (80,000)
Net Cash Provided by (Used in) Investing Activities (28,826,000) 1,301,000
Cash Flows from Financing Activities:    
Proceeds from Margin Loan 3,653,000 5,223,000
Repayments of Margin Loan (3,702,000) (6,005,000)
Proceeds from Production Facilities 3,741,000 5,221,000
Repayment of Production Facilities (2,494,000) (4,476,000)
Principal Payments on Finance Lease Obligations (94,000) (208,000)
Debt Issuance Costs (2,000) (29,000)
Proceeds from Warrant Exercise 570,000 1,000
Net Cash Provided by (Used in) Financing Activities 1,672,000 (273,000)
Effect of Exchange Rate Changes on Cash 521,000 (555,000)
Net Increase (Decrease) in Cash 4,799,000 (5,817,000)
Beginning Cash 2,943,000 8,385,000
Ending Cash 7,742,000 2,568,000
Supplemental Disclosures of Cash Flow Information    
Cash Paid for Interest 31,000 35,000
Cash Paid for Taxes 0 0
Non-Cash Operating Activities    
Reduction in Leased Asset Due to Modified Lease Liability 0 106,000
Non-Cash Financing and Investing Activities    
Leased Assets Obtained in Exchange for New Finance Lease Liabilities $ 10,000 $ 356,000