Film and Television Costs, Net |
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Sep. 30, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||
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| Film and Television Costs, Net |
Note 7: Film and Television Costs, Net
As of September 30, 2021, the Company had net Film and Television Costs of $16,293,040, compared to $11,828,494 as of December 31, 2020. The increase primarily relates to the production costs related to Stan Lee’s Superhero Kindergarten and KC Pop Quiz, offset by amortization of Rainbow Rangers Season 1&2 and Llama Llama Seasons 1 & 2.
During the three months ended September 30, 2021 and 2020, the Company recorded Film and Television Cost amortization expense of $249,141 and $101,716, respectively. During the nine months ended September 30, 2021 and 2020, the Company recorded Film and Television Cost amortization expense of $907,511 and $395,073, respectively.
The following table highlights the activity in Film and Television Costs as of September 30, 2021, and December 31, 2020:
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- Definition The entire disclosure for entities in the entertainment industry. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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