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

4. Film and Television Costs, Net

v3.8.0.1
4. Film and Television Costs, Net
 3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Film And Television Costs Net    
Film and Television Costs, net

Note 4: Film and Television Costs, Net

 

As of March 31, 2018, the Company had net Film and Television Costs of $4,336,217 compared to $2,777,088 at December 31, 2017. The increase relates primarily to the production and development of Rainbow Rangers offset by the amortization of film costs associated with the revenue recognized for Thomas Edison’s Secret Lab, SpacePop and Llama Llama.

 

During the three months ended March 31, 2018 and 2017, the Company recorded Film and Television Cost amortization expense of $26,738 and $4,605, respectively.

 

The following table highlights the activity in Film and Television Costs of March 31, 2018, and December 31, 2017:

 

    Total  
Film and Television Costs, Net as of December 31, 2016   $ 2,260,964  
Additions to Film and Television Costs     2,863,076  
Capitalized Interest     187,883  
Film Amortization Expense     (2,534,835 )
Film and Television Costs, Net as of December 31, 2017     2,777,088  
Additions to Film and Television Costs     1,766,865  
Capitalized Interest     42,919  
Film Amortization Expense     (250,655 )
Film and Television Costs, Net as of March 31, 2018   $ 4,336,217  

Note 4: Film and Television Costs, Net

 

As of December 31, 2017, the Company had net Film and Television Costs of $2,777,088 compared to $2,260,964 at December 31, 2016. The increase relates primarily to the production and development of SpacePop, Llama Llama, and Rainbow Rangers offset by the amortization of film costs associated with the revenue recognized for Llama Llama, Thomas Edison’s Secret Lab and SpacePop.

 

During the years ended December 31, 2017 and 2016, the Company recorded Film and Television Cost amortization expense of $2,534,835 and $167,788, respectively.

 

The following table highlights the activity in Film and Television Costs as of December 31, 2017 and 2016:

 

    Total  
Film and Television Costs, Net as of December 31, 2015   $ 1,003,546  
Additions to Film and Television Costs     1,390,450  
Capitalized Interest     34,756  
Film Amortization Expense     (167,788 )
Film and Television Costs, Net as of December 31, 2016     2,260,964  
Additions to Film and Television Costs     2,863,076  
Capitalized Interest     187,883  
Film Amortization Expense     (2,534,835 )
Film and Television Costs, Net as of December 31, 2017   $ 2,777,088