General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Cash Flows (unaudited)

v2.4.0.8
Consolidated Statements of Cash Flows (unaudited) (USD $)
 3 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Dec. 31, 2012
Cash Flows from Operating Activities:        
Net Loss $ (854,162) $ (945,865) $ (7,216,031) $ (2,067,609)
Adjustments to reconcile net loss to net cash provided in operating activities:        
Depreciation Expense 12,470 2,595 13,730 11,056
Amortization Expense 12,069 36,577 146,924 138,767
Imputed Interest Expense 7,163 0    
Accretion of Discount on Convertible Debentures 0 81,121 0 163,825
Accretion of Discount on Bridge Notes and Convertible Debentures     1,294,350 0
Issuance of Common Stock for Interest Expense 0 40,000 51,859 0
Issuance of Common Stock for Services     167,260 324,714
Issuance of Common Stock on Bonuses to Officers and Directors     222,500 0
Stock Compensation Expense 0 58,279 316,685 264,122
Prepaid Consulting Service Expense 29,252 0    
(Gain) Loss on Conversion of Accounts Payable 4,072 0    
(Gain) Loss on Settlement or Extinguishment of Debt (43,926) 0 614,073 (76,280)
(Gain) Loss on Derivative Valuation 0 92,862 1,886,943 (200,322)
(Gain) Loss on Exchange of Warrants     312,144 0
(Gain) Loss on Distribution Contracts (2,771) 0 (4,997) 0
(Gain) Loss on Disposition of Assets     251,192 0
(Gain) Loss on Discontinued Operations     101,219 0
Decrease (increase) in operating assets:        
Accounts Receivable 597,537 526,901 279,804 (63,194)
Inventory (40,197) (18,874) 101,721 14,710
Prepaid Expenses & Other Assets 10,053 29,525 36,716 28,503
Other Receivables     466,762 0
Film and Television Costs, net (89,819) 0    
Increase (decrease) in operating liabilities:        
Accounts Payable (169,968) (87,674) (354,498) 38,917
Accrued Salaries 12,857 98,908 196,318 322,564
Accrued Interest     11,135 26,667
Accrued Interest - Related Party 0 6,724 0 50,259
Other Accrued Expenses 39,224 (147,242) (16,126) 87,978
Net cash provided/(used) in operating activities (476,146) (226,163) (1,120,317) (935,323)
Cash Flows from Investing Activities:        
Investment in Intangible Assets (50,000) (73,689) (67,461) (57,739)
Purchase of Fixed Assets     (2,825) (1,898)
Merger with A Squared Entertainment     283,199 0
Investment in Capitalized Product Development (12,455) 0    
Net cash provided/(used) by investing activities (62,455) (73,689) 212,913 (59,637)
Cash Flows from Financing Activities:        
Sale of Common Stock, net of offering costs 355,116 0 968,537 200,000
Costs for Warrant Exchange     (15,264) 0
Proceeds from Debenture     0 1,000,000
Proceeds from Services Advance 750,000 0    
Issuance Costs on Debenture 0 32,139 (275,000) (162,833)
Proceeds from Bridge Notes     309,000 0
Payments of Related Party Notes (100,872) 0 (307) 0
Net cash provided/(used) by financing activities 1,004,244 32,139 986,966 1,037,167
Net increase in Cash and Cash Equivalents 465,643 (267,713) 79,562 42,707
Beginning Cash and Cash Equivalents 527,110 447,548 447,548 405,341
Ending Cash and Cash Equivalents 992,753 179,835 527,110 447,548
Supplemental disclosures of cash flow information:        
Cash paid for income taxes 0 0 0 0
Cash paid for interest 0 0 0 4,012
Common Stock issued for Merger, net of cash     10,119,439 0
Conversion of Debentures and Accrued Interest to Common Stock     1,201,474 0
Conversion of Warrants to Common Stock     312,144 0
Warrants granted for Debenture Issuance Costs     0 28,929
Discount on Debentures attributed to Warrants     0 379,688
Derivative Valuation on Debentures     0 269,284
Conversion of Short Term Bridge Notes and Accrued Interest to Common Stock     543,719 0
Conversion of Related Party Notes and Accrued Interest to Common Stock     472,360 1,745,546
Conversion of Accrued Salaries to Common Stock     612,443 0
Accrued Salaries converted to Short Term Note Payable     221,000 0
Common Stock issued as Settlement for Accounts Payable 32,572 0 50,100 0
Common Stock issued for Pre-Paid Services 33,748 0 333,215 0
Common Stock issued for Issuance Costs     15,264 0
Common Stock issued for Derivative Liabilities     3,107,608 0
Common Stock issued for Debt Discount     $ 342,500 $ 0