Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total Revenues $ 273,992 $ 3,468,996 $ 1,169,410 $ 5,154,191
Operating Expenses:        
Marketing and Sales 364,869 97,541 606,125 405,751
Direct Operating Costs 219,451 2,841,358 886,972 3,929,187
General and Administrative 3,042,178 2,092,734 7,173,594 5,298,865
Total Operating Expenses 3,626,498 5,031,633 8,666,691 9,633,803
Loss from Operations (3,352,506) (1,562,637) (7,497,281) (4,479,612)
Other Income (Expense):        
Interest Income 69,699 1,294 98,039 17,081
Loss on Extinguished Debt 0 (1,080,664) 0 (4,432,819)
Loss on Lease Termination (342,060)   (342,060) 0
Warrant Revaluation Expense 1,556,574 0 (210,672,085) 0
Conversion Option Revaluation Expense 0 0 (171,835,729) 0
Sub-Lease Income 78,277 117,416 316,762 314,869
Interest Expense (17,193) (30,642) (1,168,801) (697,386)
Net Other Income (Expense) 1,345,297 (992,596) (383,603,874) (4,798,255)
Loss Before Income Tax Expense (2,007,209) (2,555,233) (391,101,155) (9,277,867)
Income Tax Expense 0 0 0 0
Net Loss (2,007,209) (2,555,233) (391,101,155) (9,277,867)
Beneficial Conversion Feature on Preferred Stock 0 (1,686,667) 0 (2,008,907)
Net Loss Applicable to Common Shareholders $ (2,007,209) $ (4,241,900) $ (391,101,155) $ (11,286,774)
Net Loss per Common Share (Basic And Diluted) $ (0.01) $ (0.38) $ (3.63) $ (1.07)
Weighted Average Shares Outstanding (Basic and Diluted) 218,991,119 11,241,440 107,786,940 10,538,309
Licensing and Royalties [Member]        
Revenues:        
Total Revenues $ 199,572 $ 174,261 $ 565,696 $ 674,107
Television and Home Entertainment [Member]        
Revenues:        
Total Revenues 31,375 3,147,411 409,837 4,292,972
Advertising Sales [Member]        
Revenues:        
Total Revenues 42,715 147,034 191,728 184,716
Product Sales [Member]        
Revenues:        
Total Revenues $ 330 $ 290 $ 2,149 $ 2,396