|
Consolidated Balance Sheets (USD $)
|
Mar. 31, 2012
|
Dec. 31, 2011
|
| Cash |
$ 428,771 |
$ 405,341 |
| Accounts Receivable, net |
682,117 |
1,021,039 |
| Inventory |
270,887 |
340,782 |
| Prepaid and Other Assets |
191,168 |
168,486 |
| Total Current Assets |
1,572,943 |
1,935,648 |
| Property and Equipment, net |
29,824 |
32,894 |
| Capitalized Product Development in Process |
306,467 |
278,696 |
| Intangible Assets, net |
369,374 |
405,019 |
| Total Assets |
2,278,608 |
2,652,257 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) |
|
|
| Accounts Payable |
1,005,843 |
1,008,460 |
| Accrued Expenses |
420,701 |
408,684 |
| Accrued Salaries and Wages |
316,756 |
193,519 |
| Accrued Interest - Debentures |
19,049 |
19,049 |
| Total Current Liabilities |
1,762,349 |
1,629,712 |
| Notes Payable – Related Parties and Accrued Interest |
429,687 |
2,143,178 |
| Total Liabilities |
2,192,036 |
3,772,890 |
| Common Stock, $0.001 par value, 250,000,000 shares authorized; 69,426,547 and 60,698,815 shares issued and outstanding, respectively |
69,427 |
60,699 |
| Additional Paid in Capital |
8,757,861 |
6,959,083 |
| Accumulated Deficit |
(8,740,716) |
(8,135,049) |
| Total Genius Brands International, Inc. Stockholders’ Equity (Deficit) |
86,572 |
(1,115,267) |
| Noncontrolling Interest |
|
(5,366) |
| Total Equity |
86,572 |
(1,120,633) |
| Total Liabilities & Stockholders’ Equity (Deficit) |
$ 2,278,608 |
$ 2,652,257 |