Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and Cash Equivalents $ 7,432,000 $ 2,058,000
Restricted Cash 0 8,002,000
Investments in Marketable Securities (amortized cost of $90,321) 83,706,000 112,523,000
Accounts Receivable, net 15,558,000 7,632,000
Tax Credits Receivable, net 26,255,000 0
Notes and Accounts Receivable from Related Party 2,844,000 1,276,000
Other Receivable 1,162,000 969,000
Prepaid Expenses and Other Assets 2,568,000 3,725,000
Total Current Assets 139,525,000 136,185,000
Noncurrent Assets:    
Property and Equipment, net 2,400,000 449,000
Operating Lease Right of Use Assets, net 8,506,000 2,785,000
Finance Lease Right of Use Assets, net 2,338,000 0
Film and Television Costs, net 7,780,000 2,940,000
Investment in Your Family Entertainment AG 16,247,000 6,695,000
Intangible Assets, net 29,167,000 9,733,000
Goodwill 31,807,000 15,227,000
Other Assets 148,000 69,000
Total Assets 237,918,000 174,083,000
Current Liabilities:    
Accounts Payable 11,436,000 7,192,000
Participations Payable 2,965,000 2,438,000
Accrued Expenses 895,000 535,000
Accrued Salaries and Wages 2,484,000 799,000
Deferred Revenue 9,065,000 432,000
Margin Loan 60,810,000 6,392,000
Production Facilities, net 18,282,000 0
Bank Indebtedness 1,741,000 0
Current Portion of Operating Lease Liability 802,000 664,000
Current Portion of Finance Lease Liability 1,623,000 0
Warrant Liability 548,000 855,000
Due To Related Party 2,000 63,000
Other Current Liabilities 255,000 1,761,000
Total Current Liabilities 110,908,000 21,131,000
Noncurrent Liabilities:    
Deferred Revenue 3,369,000 3,492,000
Operating Lease Liability, Net Current Portion 8,095,000 2,460,000
Finance Lease Liability, Net Current Portion 1,020,000 0
Deferred Tax Liability 705,000 0
Contingent Earn Out 0 1,340,000
Other Noncurrent Liabilities 952,000 1,007,000
Total Liabilities 125,049,000 29,430,000
Commitments and Contingencies (Note 20)
Stockholders’ Equity:    
Common Stock, $0.001 par value, 40,000,000 shares authorized, 31,918,552 and 30,337,914 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 319,000 303,000
Additional Paid in Capital 762,418,000 739,495,000
Treasury Stock at Cost, 42,633 and 0 shares of common stock as of December 31, 2022 and December 31, 2021, respectively (290,000) 0
Accumulated Deficit (641,443,000) (595,848,000)
Accumulated Other Comprehensive Loss (9,925,000) (1,221,000)
Total Genius Brands International, Inc. Stockholders' Equity 111,079,000 142,729,000
Non-Controlling Interests in Consolidated Subsidiaries 1,790,000 1,924,000
Total Stockholders' Equity 112,869,000 144,653,000
Total Liabilities and Stockholders’ Equity 237,918,000 174,083,000
Preferred Stock Series A    
Stockholders’ Equity:    
Preferred stock 0 0
Preferred Stock Series B    
Stockholders’ Equity:    
Preferred stock $ 0 $ 0