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

Consolidated Statements of Cash Flows

v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:        
Net Loss $ (3,732,183) $ (4,363,567) $ (6,213,135) $ (3,483,122)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:        
Amortization of Film and Television Costs 37,935 158,168 158,168 127,552
Depreciation Expense 51,527 49,637 66,331 64,458
Amortization Expense 43,771 57,763 76,356 69,453
Depreciation and Amortization Expense     142,687 133,911
Imputed Interest Expense - Related Party 0 6,141 8,503 24,757
Bad Debt Expense / (Recovery)     0 42,739
Stock Issued for Services 130,000 39,000 39,000 0
Share-based Compensation Expense 514,108 1,236,880 1,581,797 31,919
(Gain) Loss on Distribution Contracts 0 (258,103) (258,103) (115,811)
(Gain) Loss on Impairment of Assets 0 1,850 1,850 7,500
(Gain) Loss on Deferred Financing Costs     0 9,313
(Gain) Loss on Foreign Currency Translation     0 37,313
Change in operating assets        
Accounts Receivable (9,626) 220,285 294,792 65,317
Other receivables (256,872) 0    
Inventory (11,940) 518 518 4,611
Prepaid Expenses & Other Assets (73,877) (253,678) (314,754) 142,846
Film and Television Costs (1,880,811) (754,770) (1,390,450) (827,145)
Increase (decrease) in operating liabilities        
Accounts Payable (312,516) 66,247 289,205 (946)
Accrued Salaries 18,323 23,223 36,442 46,097
Deferred Revenue and Advances 476,655 2,159,120 2,146,998 117,212
Other Accrued Expenses (24,304) (274,042) (249,415) 239,356
Net Cash Used in Operating Activities (5,029,810) (1,885,328) (3,716,277) (3,396,581)
Cash Flows from Investing Activities:        
Investment in Intangible Assets 0 (5,650) (5,650) (111,221)
Investment in Fixed Assets (47,361) (1,542) (5,844) (182,986)
Net Cash Used in Investing Activities (47,361) (7,192) (11,494) (294,207)
Cash Flows from Financing Activities:        
Proceeds from Exercise of Warrants 0 110,000 110,000 0
Proceeds from Warrant Exchange, Net 3,401,924 0    
Proceeds from Production Loan Facility 2,034,728 237,567 1,318,072 0
Sale of Common Stock     0 3,827,782
Proceeds from Services Advance     0 750,000
Proceeds of Short-Term Debt - Related Party     0 1,661
Payments from Related Party Notes     0 (2,134)
Net Cash Provided by Financing Activities 5,436,652 347,567 1,428,072 4,577,309
Net Increase (Decrease) in Cash and Cash Equivalents 359,481 (1,544,953) (2,299,699) 886,521
Cash, Cash Equivalents, and Restricted Cash - Beginning of Period 2,887,921 5,187,620 5,187,620 4,301,099
Cash, Cash Equivalents, and Restricted Cash - End of Period 3,247,402 3,642,667 2,887,921 5,187,620
Supplemental disclosures of cash flow information:        
Cash paid for interest 2,827 1,450 2,675 2,576
Schedule of non-cash financing and investing activites:        
Issuance of Common Stock in Satisfaction of Short Term Debt - Related Party 1,489,583 0 $ 410,535 $ 0
Issuance of Common Stock in Satisfaction of Short Term Advances $ 0 $ 410,535