Post-effective amendment to a registration statement that is not immediately effective upon filing

Consolidated Statements of Cash Flows

v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:        
Net Loss $ (1,263,464) $ (1,316,234) $ (4,908,736) $ (6,213,135)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:        
Amortization of Film and Television Costs 26,738 4,605 2,534,835 167,788
Depreciation and Amortization Expense 32,274 34,630 125,918 142,687
Imputed Interest Expense     0 8,503
Bad Debt Expense 2,400 0 66,502 0
Stock Issued for Services 0 100,000 130,000 39,000
Stock Compensation Expense 47,852 221,992 663,958 1,581,797
Gain on Distribution Contracts     0 (258,103)
Loss on Impairment of Assets     0 1,850
Decrease (Increase) in Operating Assets:        
Accounts Receivable, net 1,139,019 (319,161) (4,527,354) 294,792
Other Receivables 256,872 0 (256,872) 0
Inventory 536 (16,010) (11,027) 518
Prepaid Expenses & Other Assets (49,474) (60,642) 94,577 (314,754)
Lease Deposits (358,103) 0    
Film and Television Costs, net (928,289) (937,535) (2,825,426) (1,390,450)
Increase (Decrease) in Operating Liabilities:        
Accounts Payable (91,877) (322,236) (266,645) 289,205
Accrued Salaries 5,678 27,102 35,722 36,442
Deferred Revenue and Advances 59,607 230,157 489,189 2,146,998
Other Accrued Expenses (93,876) 7,122 1,468,489 (249,415)
Net Cash Used in Operating Activities (1,214,107) (2,346,210) (7,186,870) (3,716,277)
Cash Flows from Investing Activities:        
Investment in Intangible Assets (21,358) 0 (44,793) (5,650)
Investment in Fixed Assets (2,314) 0 (62,400) (5,844)
Net Cash Used in Investing Activities (23,672) 0 (107,193) (11,494)
Cash Flows from Financing Activities:        
Proceeds from Warrant Exchange, net 0 3,400,658 3,401,924 0
Proceeds from Sale of Common Stock, net 1,596,340 0 5,699,534 0
Proceeds from Production Loan Facility, net   1,284,728 2,802,756 1,318,072
Repayment of Production Facility, net (1,633,323)      
Proceeds from Exercise of Warrants     0 110,000
Net Cash Provided by (Used in) Financing Activities (36,983) 4,685,386 11,904,214 1,428,072
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash (1,274,762) 2,339,176 4,610,151 (2,299,699)
Beginning Cash, Cash Equivalents, and Restricted Cash 7,498,072 2,887,921 2,887,921 5,187,620
Ending Cash, Cash Equivalents, and Restricted Cash 6,223,310 5,227,097 7,498,072 2,887,921
Supplemental Disclosures of Cash Flow Information:        
Cash Paid for Interest 0 853 3,227 2,675
Schedule of Non-Cash Financing and Investing Activities        
Issuance of Common Stock in Relation to Sony Transaction 0 1,489,583 1,489,583 0
Issuance of Common Stock in Satisfaction of Short Term Advances     $ 0 $ 410,535
Issuance of Common Stock for services rendered $ 780,000 $ 0