Consolidated Statements of Operations (USD $)
|
3 Months Ended |
Mar. 31, 2012
|
Mar. 31, 2011
|
Product Sales |
$ 1,001,251 |
$ 893,292 |
Licensing & Royalties |
29,696 |
413,885 |
Total Revenues |
1,030,947 |
1,307,177 |
Cost of Sales (Excluding Depreciation) |
734,131 |
553,908 |
Gross Profit |
296,816 |
753,269 |
Product Development |
5,680 |
5,263 |
Professional Services |
73,875 |
66,860 |
Rent Expense |
9,432 |
32,321 |
Marketing & Sales |
189,557 |
364,551 |
Depreciation & Amortization |
38,715 |
54,830 |
Salaries and Related Expenses |
409,364 |
306,289 |
Stock Compensation Expense |
61,960 |
1,771 |
Other General & Administrative |
75,404 |
73,044 |
Total Operating Expenses |
863,987 |
904,929 |
Loss from Operations |
(567,171) |
(151,660) |
Other Income |
85 |
10,416 |
Interest Expense |
(1,160) |
(1,145) |
Interest Expense – Related Parties |
(32,055) |
(33,861) |
Net Other Income (Expense) |
(33,130) |
(24,590) |
Loss before Income Tax Expense and Noncontrolling Interest |
(600,301) |
(176,250) |
Income Tax Expense |
|
|
Net Loss |
(600,301) |
(176,250) |
Acquisition of minority interest |
(5,366) |
|
Net Loss attributable to Noncontrolling Interest |
|
3,444 |
Net Loss attributable to Genius Brands International, Inc. |
$ (605,667) |
$ (172,806) |
Net Loss per common share (in Dollars per share) |
$ (0.01) |
$ 0.00 |
Weighted average shares outstanding (in Shares) |
60,698,815 |
55,116,515 |