Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities:    
Net Loss $ (3,728,599)us-gaap_NetIncomeLoss $ (7,216,031)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash provided in operating activities:    
Depreciation Expense 50,484us-gaap_Depreciation 13,730us-gaap_Depreciation
Amortization Expense 59,269us-gaap_AdjustmentForAmortization 146,924us-gaap_AdjustmentForAmortization
Imputed Interest Expense 25,842GNUS_ImputedInterestExpense 0GNUS_ImputedInterestExpense
Bad Debt Expense 73,458us-gaap_ProvisionForDoubtfulAccounts 0us-gaap_ProvisionForDoubtfulAccounts
Accretion of Discount on Convertible Debentures 0GNUS_AccretionOfDiscountOnConvertibleDebenturesAndInterestExpenseRelatedToDebentureConversion 1,294,350GNUS_AccretionOfDiscountOnConvertibleDebenturesAndInterestExpenseRelatedToDebentureConversion
Issuance of Common Stock for Interest Expense 0GNUS_IssuanceOfCommonStockForInterestExpense 51,859GNUS_IssuanceOfCommonStockForInterestExpense
Issuance of Common Stock for Services 127,200us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 167,260us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Issuance of Common Stock on Bonuses to Officers and Directors 0GNUS_IssuanceOfCommonStockOnBonusesToOfficersAndDirectors 222,500GNUS_IssuanceOfCommonStockOnBonusesToOfficersAndDirectors
Stock Compensation Expense 0us-gaap_ShareBasedCompensation 316,685us-gaap_ShareBasedCompensation
(Gain) Loss on Conversion of Accounts Payable 4,072GNUS_GainLossOnConversionOfAccountsPayable 0GNUS_GainLossOnConversionOfAccountsPayable
(Gain) Loss on Settlement or Extinguishment of Debt (56,519)us-gaap_GainsLossesOnExtinguishmentOfDebt 614,073us-gaap_GainsLossesOnExtinguishmentOfDebt
(Gain) Loss on Derivative Valuation 0us-gaap_UnrealizedGainLossOnDerivatives 1,886,943us-gaap_UnrealizedGainLossOnDerivatives
(Gain) Loss on Exchange of Warrants 0GNUS_GainLossOnExchangeOfWarrants 312,144GNUS_GainLossOnExchangeOfWarrants
(Gain) Loss on Distribution Contracts 47,229GNUS_GainLossOnDistributionContracts (4,997)GNUS_GainLossOnDistributionContracts
(Gain) Loss on Disposition of Assets 70,905us-gaap_GainLossOnDispositionOfAssets1 251,192us-gaap_GainLossOnDispositionOfAssets1
(Gain) Loss on Inventory 174,963us-gaap_GainLossOnSaleOfOtherAssets 0us-gaap_GainLossOnSaleOfOtherAssets
(Gain) Loss on Discontinued Operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 101,219us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
(Gain) Loss on Foreign Currency Translation 8,594us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Decrease (increase) in operating assets    
Accounts Receivable 603,288us-gaap_IncreaseDecreaseInAccountsReceivable 279,804us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory 37,697us-gaap_IncreaseDecreaseInInventories 101,721us-gaap_IncreaseDecreaseInInventories
Prepaid Expenses & Other Assets 361,534us-gaap_IncreaseDecreaseInPrepaidExpense 36,716us-gaap_IncreaseDecreaseInPrepaidExpense
Other Receivables 0us-gaap_IncreaseDecreaseInOtherOperatingAssets 466,762us-gaap_IncreaseDecreaseInOtherOperatingAssets
Film and Television Costs, net (303,953)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets 0us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Increase (decrease) in operating liabilities    
Accounts Payable (492,173)us-gaap_IncreaseDecreaseInAccountsPayable (354,498)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued Salaries (9,670)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 196,318us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accrued Interest 0us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 11,135us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accrued Interest - Related Party 0us-gaap_IncreaseDecreaseInDueToRelatedParties 0us-gaap_IncreaseDecreaseInDueToRelatedParties
Deferred Revenue and Advances 397,313us-gaap_IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits 0us-gaap_IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
Other Accrued Expenses 67,078us-gaap_IncreaseDecreaseInAccruedLiabilities (16,126)us-gaap_IncreaseDecreaseInAccruedLiabilities
Net cash (used) in operating activities (2,481,988)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (1,120,317)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows from Investing Activities:    
Investment in Capitalized Product Development (23,830)us-gaap_PaymentsForSoftware 0us-gaap_PaymentsForSoftware
Investment in Intangible Assets (70,000)us-gaap_PaymentsToAcquireIntangibleAssets (67,461)us-gaap_PaymentsToAcquireIntangibleAssets
Investment in Fixed Assets (4,156)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,825)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Merger with A Squared Entertainment 0GNUS_MergerWithSquaredEntertainment 283,199GNUS_MergerWithSquaredEntertainment
Net cash provided/(used) by investing activities (97,986)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 212,913us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows from Financing Activities:    
Sale of Preferred Stock, net of offering costs 5,379,915us-gaap_ProceedsFromIssuanceOfConvertiblePreferredStock 0us-gaap_ProceedsFromIssuanceOfConvertiblePreferredStock
Sale of Common Stock, net of offering costs 355,116us-gaap_ProceedsFromIssuanceOrSaleOfEquity 968,537us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Costs for Warrant Exchange 0GNUS_CostsForWarrantExchange (15,264)GNUS_CostsForWarrantExchange
Proceeds from Services Advance 750,000us-gaap_ProceedsFromDepositsFromCustomers 0us-gaap_ProceedsFromDepositsFromCustomers
Repayment of Services Advance (10,417)us-gaap_PaymentsForDeposits 0us-gaap_PaymentsForDeposits
Payments of Related Party Notes (105,651)us-gaap_RepaymentsOfRelatedPartyDebt (307)us-gaap_RepaymentsOfRelatedPartyDebt
Debt Issuance Costs (15,000)us-gaap_PaymentsOfDebtIssuanceCosts (275,000)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from Bridge Notes 0us-gaap_ProceedsFromIssuanceOfMediumTermNotes 309,000us-gaap_ProceedsFromIssuanceOfMediumTermNotes
Net cash provided/(used) by financing activities 6,353,963us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 986,966us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase in Cash and Cash Equivalents 3,773,989us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 79,562us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Beginning Cash and Cash Equivalents 527,110us-gaap_CashAndCashEquivalentsAtCarryingValue 447,548us-gaap_CashAndCashEquivalentsAtCarryingValue
Ending Cash and Cash Equivalents 4,301,099us-gaap_CashAndCashEquivalentsAtCarryingValue 527,110us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 0us-gaap_IncomeTaxesPaid 0us-gaap_IncomeTaxesPaid
Cash paid for interest 6,063us-gaap_InterestPaidNet 0us-gaap_InterestPaidNet
Schedule of non-cash financing and investing activites:    
Common Stock issued as Settlement for Accounts Payable 32,572GNUS_CommonStockIssuedAsSettlementForAccountsPayable 50,100GNUS_CommonStockIssuedAsSettlementForAccountsPayable
Common Stock issued for Pre-Paid Services 32,100GNUS_CommonStockIssuedForPrepaidServices 333,215GNUS_CommonStockIssuedForPrepaidServices
Common Stock issued for Merger, net of cash 0GNUS_CommonStockIssuedForMergerNetOfCash 10,119,439GNUS_CommonStockIssuedForMergerNetOfCash
Conversion of Debentures and Accrued Interest to Common Stock 0GNUS_ConversionOfDebenturesAndAccruedInterestToCommonStock 1,201,474GNUS_ConversionOfDebenturesAndAccruedInterestToCommonStock
Conversion of Warrants to Common Stock 0GNUS_ConversionOfWarrantsToCommonStock 312,144GNUS_ConversionOfWarrantsToCommonStock
Conversion of Short Term Bridge Notes and Accrued Interest to Common Stock 0GNUS_ConversionOfShortTermBridgeNotesAndAccruedInterestToCommonStock 543,719GNUS_ConversionOfShortTermBridgeNotesAndAccruedInterestToCommonStock
Conversion of Related Party Notes and Accrued Interest to Common Stock 0GNUS_ConversionOfRelatedPartyNotesAndAccruedInterestToCommonStock 472,360GNUS_ConversionOfRelatedPartyNotesAndAccruedInterestToCommonStock
Conversion of Accrued Salaries to Common Stock 0GNUS_ConversionOfAccruedSalariesToCommonStock 612,443GNUS_ConversionOfAccruedSalariesToCommonStock
Accrued Salaries converted to Short Term Note Payable 0GNUS_AccruedSalariesConvertedToShortTermNotePayable 221,000GNUS_AccruedSalariesConvertedToShortTermNotePayable
Common Stock issued for Issuance Costs 0GNUS_CommonStockIssuedForIssuanceCosts 15,264GNUS_CommonStockIssuedForIssuanceCosts
Common Stock issued for Derivative Liabilities 0GNUS_CommonStockIssuedForDerivativeLiabilities 3,107,608GNUS_CommonStockIssuedForDerivativeLiabilities
Common Stock issued for Debt Discount $ 0GNUS_CommonStockIssuedForDebtDiscount $ 342,500GNUS_CommonStockIssuedForDebtDiscount