Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 2,058,000 $ 100,456,000
Restricted Cash 8,002,000 0
Investments in Marketable Securities (amortized cost of $113,778) 112,523,000 0
Accounts Receivable, net 7,632,000 1,731,000
Note Receivable from Related Party 1,276,000 0
Other Receivable 969,000 0
Prepaid Expenses and Other Assets 3,725,000 6,379,000
Total Current Assets 136,185,000 108,566,000
Property and Equipment, net 449,000 96,000
Right Of Use Assets, net 2,785,000 1,972,000
Film and Television Costs, net 2,940,000 11,828,000
Lease Deposits 69,000 43,000
Investment in ChizComm Entities 0 301,000
Investment in Stan Lee Universe, LLC 0 1,000,000
Investment in Your Family Entertainment AG 6,695,000 0
Intangible Assets, net 9,733,000 29,000
Goodwill 15,227,000 10,366,000
Total Assets 174,083,000 134,201,000
Current Liabilities:    
Accounts Payable 7,192,000 786,000
Accrued Production Costs [1] 1,733,000 0
Accrued Expenses 535,000 408,000
Participations Payable 2,438,000 3,160,000
Deferred Revenue 432,000 684,000
Margin Loan 6,392,000 0
Notes Payable 28,000 0
Payroll Protection Program 0 366,000
Warrant Liability 855,000 1,197,000
Lease Liability 664,000 146,000
Due To Related Party 63,000 2,000
Accrued Salaries and Wages 799,000 429,000
Total Current Liabilities 21,131,000 7,178,000
Long Term Liabilities:    
Deferred Revenue 3,492,000 3,748,000
Lease Liability 2,460,000 2,053,000
Production Facility, net 0 1,100,000
Contingent Earn Out 1,340,000 0
Notes Payable 82,000 0
Disputed Trade Payable 925,000 925,000
Total Liabilities 29,430,000 15,004,000
Stockholders’ Equity    
Preferred Stock, $0.001 Par Value, 10,000,000 Shares Authorized, 0 Shares Issued and Outstanding as of December 31, 2021 and December 31, 2020 0 0
Common Stock, $0.001 Par Value, 400,000,000 Shares Authorized 303,379,122 and 258,438,514 Shares Issued and Outstanding as of December 31, 2021, and 2020, respectively 303,000 258,000
Additional Paid in Capital 739,495,000 588,501,000
Accumulated Deficit (595,848,000) (469,557,000)
Accumulated Other Comprehensive Loss (1,221,000) (5,000)
Total Genius Brands International, Inc. Stockholders' Equity 142,729,000 119,197,000
Non-Controlling Interests in Consolidated Subsidiaries 1,924,000 0
Total Stockholders' Equity 144,653,000 119,197,000
Total Liabilities and Stockholders’ Equity $ 174,083,000 $ 134,201,000
[1] Represents production costs accrued for Rainbow Rangers Season 3 and KC! Pop Quiz.