Consolidated Statements of Operations (unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
| Revenues: | ||||||
| Licensing & Royalties | $ 98,035 | $ 53,774 | $ 372,022 | $ 155,341 | $ 310,845 | $ 368,206 |
| Television & Home Entertainment | 182,715 | 25,635 | 323,804 | 112,910 | 497,273 | 1,682,780 |
| Product Sales | 0 | 239,392 | 15,173 | 444,028 | 117,670 | 505,552 |
| Total Revenues | 280,750 | 318,801 | 710,999 | 712,279 | 925,788 | 2,556,538 |
| Cost of Sales | 23,127 | 172,870 | 45,699 | 414,017 | 500,000 | 1,504,138 |
| Gross Profit | 257,622 | 145,931 | 665,300 | 298,262 | 425,788 | 1,052,400 |
| Operating Expenses: | ||||||
| Product development | 1,700 | 139,082 | ||||
| Professional Services | 244,803 | 202,154 | 549,702 | 822,997 | 953,463 | 451,537 |
| Rent Expense | 34,136 | 34,863 | 106,271 | 105,207 | 140,070 | 24,898 |
| Marketing & Sales | 91,258 | 109,592 | 342,318 | 234,286 | 338,598 | 308,355 |
| Amortization of Film and TV Costs | 42,642 | 0 | 42,642 | 0 | ||
| Depreciation & Amortization | 36,673 | 29,673 | 96,823 | 83,301 | 109,753 | 160,654 |
| Salaries and Related Expenses | 429,348 | 442,760 | 1,414,746 | 1,003,234 | 1,432,314 | 1,329,715 |
| Stock compensation expense | 0 | 539,185 | ||||
| Bad Debt Expense (Recovery) | 0 | 0 | (1,550) | 55,000 | 73,458 | 0 |
| Other General & Administrative | 133,388 | 191,774 | 581,774 | 605,454 | 852,895 | 460,818 |
| Total Operating Expenses | 1,012,247 | 1,010,816 | 3,132,726 | 2,909,479 | 3,902,251 | 3,414,244 |
| Loss from Operations | (754,624) | (864,885) | (2,467,426) | (2,611,217) | (3,476,463) | (2,361,844) |
| Other Income (Expense): | ||||||
| Other Income | 11,421 | 22,156 | 16,965 | 29,945 | 34,700 | 208 |
| Interest Expense | (723) | 0 | (2,212) | (2,230) | (11,750) | (1,663,632) |
| Interest Expense - Related Parties | (6,224) | (6,241) | (18,544) | (19,611) | (25,842) | (30,189) |
| Gain (Loss) on Distribution Contracts | (47,650) | 0 | 102,350 | (47,229) | (47,229) | 4,997 |
| (Gain) loss on Conversion of Accounts Payable | (4,072) | 0 | ||||
| Gain (Loss) on Impairment of Assets | 0 | 0 | (7,500) | 0 | ||
| Gain (Loss) on Extinguishment of Debt | 0 | 0 | 0 | 52,447 | 56,519 | (614,073) |
| Gain (Loss) on Disposition of Assets | 0 | 0 | 0 | (70,905) | (70,905) | (251,192) |
| Gain (Loss) on Inventory | 0 | 0 | 0 | (174,963) | (174,963) | 0 |
| Gain (Loss) on Deferred Financing Costs | 0 | 0 | (9,313) | 0 | ||
| Gain (Loss) on Foreign Currency Translation | (20) | 0 | (36,258) | 0 | (8,594) | 0 |
| Gain (loss) on Derivative Valuation | 0 | (1,886,943) | ||||
| Gain (loss) on Exchange of Warrants | 0 | (312,144) | ||||
| Net Other Income (Expense) | (43,196) | 15,915 | 45,488 | (232,546) | (252,136) | (4,752,968) |
| Loss before Income Tax Expense | (797,820) | (848,970) | (2,421,938) | (2,843,763) | (3,728,599) | (7,114,812) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Loss from Continuing Operations | (3,728,599) | (7,114,812) | ||||
| Net Loss from Discontinued Operations | $ 0 | $ (101,219) | ||||
| Net Loss per Common Share from Continuing Operations | $ (0.60) | $ (5.03) | ||||
| Net Loss | $ (797,820) | $ (848,970) | $ (2,421,938) | $ (2,843,763) | $ (3,728,599) | $ (7,216,031) |
| Net Loss per common share from Discontinued Operations | $ 0 | $ (0.07) | ||||
| Net Loss per common share | $ (.12) | $ (.13) | $ (.37) | $ (.46) | $ (0.60) | $ (5.10) |
| Weighted average shares outstanding | 6,529,450 | 6,383,450 | 6,464,505 | 6,129,391 | 6,254,497 | 1,413,631 |
| X | ||||||||||
- Definition (Gain) loss on Conversion of Accounts Payable No definition available.
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- Definition Gain (loss) on distribution contracts No definition available.
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- References No definition available.
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- Definition Television and Home Entertainment No definition available.
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- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expense incurred and directly related to generating revenue from leased and rented property or equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation, when the per share amount is the same. No definition available.
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of interest expense incurred on a debt or other obligation to related party. No definition available.
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- Definition Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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