Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (unaudited)

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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net Loss $ (27,949) $ (92,907)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Amortization of Film and Television Costs 5,100 1,073
Depreciation and Amortization of Property, Equipment & Intangible Assets 1,857 426
Amortization of Right of Use Asset 1,345 202
Share Based Compensation Expense 9,918 11,120
Amortization of Premium on Marketable Securities 807 334
Loss on Revaluation of Equity Investment in Your Family Entertainment AG 1,170 0
Loss on Foreign Currency Transactions 2,584 0
Gain on Warrant Revaluation (434) (103)
Interest Incurred on Debt 1,190 0
Realized Loss on Marketable Securities 160 25
Warrant Incentive Expense 0 69,139
Stock Issued for Services 312 41
Other 73 (78)
Decrease (Increase) in Operating Assets:    
Accounts Receivable, net 5,942 3,047
Other Receivables 272 (179)
Tax Credits Earned (less capitalized) (8,166) 0
Tax Credits Received 3,874 0
Film and Television Costs, net (7,388) (4,810)
Prepaid Expenses & Other Assets (326) (654)
Increase (Decrease) in Operating Liabilities:    
Accounts Payable (3,828) (2,886)
Accrued Salaries & Wages 215 183
Accrued Expenses (1,057) (325)
Accrued Production Costs (1,654) 0
Participations Payable (498) 788
Deferred Revenue (6,472) (494)
Lease Liability (365) (136)
Due to Related Party (25) 229
Other Liabilities 506 0
Net Cash Used in Operating Activities (22,837) (15,965)
Cash Flows from Investing Activities:    
Cash Payment for Wow, net of Cash Acquired (37,311) 0
Cash Payment for Equity Investment in YFE (9,540) 0
Cash Payment for Ameba, net of Cash Acquired (3,893) 0
Cash Payment for ChizComm, net of cash acquired 0 (7,789)
Investment in Stan Lee Universe, LLC 0 (1,000)
Investment in Marketable Securities 0 (305,387)
Note Receivable from Related Party (1,419) 0
Proceeds from Principal Collections on Marketable Securities 6,445 1,762
Proceeds from Sales of Marketable Securities 8,836 177,110
Purchase of Property & Equipment (459) (209)
Investment in Intangible Assets (21) (9)
Net Cash Used in Investing Activities (37,362) (135,522)
Cash Flows from Financing Activities:    
Proceeds from Margin Loan 63,165 0
Repayments of Margin Loan (7,802) 0
Proceeds from Production Facilities 7,455 0
Repayments of Production Facilities (3,984) (1,100)
(Repayment)/Proceeds from Bank Indebtedness 760 0
Finance Lease Payments (920) 0
Distributions to Noncontrolling Interests (1,200) 0
Debt Issuance Costs (33) 0
(Repayment)/Proceeds from Note Payable (19) 116
Shares Withheld for Taxes on Vested Restricted Shares (3) 0
Repayment of Payroll Protection Program 0 (366)
Proceeds from Warrant Exchange, net 0 57,265
Net Cash Provided by Financing Activities 57,419 55,915
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (187) 0
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash (2,967) (95,572)
Beginning Cash, Cash Equivalents and Restricted Cash 10,060 100,456
Ending Cash, Cash Equivalents and Restricted Cash 7,093 4,884
Schedule of Non-Cash Financing and Investing Activities    
Shares issued for Wow Acquisition 11,554 0
FV of Replacement Options Granted Related to Wow Acquisition 1,213 0
Liability for Treasury Stock Not Yet Settled 285  
Shares issued for ChizComm acquisition 0 3,527
Liability for Acquisition Earnout Shares 0 7,210
Issuance of Common Stock for Services $ 0 $ 728