v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net Loss $ (15,108) $ (51,812)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Amortization of Film and Television Costs 176 612
Depreciation and Amortization of Property, Equipment & Intangible Assets 1,791 1,943
Amortization of Right-of-Use Asset 1,400 2,179
Amortization of Premium on Marketable Securities 59 369
Share-Based Compensation Expense 545 2,091
Impairment of Film and Television Costs 0 6,172
Impairment of Intangible Assets 0 4,023
Impairment of Goodwill 0 11,287
Impairment of Property and Equipment 0 120
Deferred Income Taxes 0 (934)
Loss on Early Lease Termination 0 232
Marketing Expenses in Exchange for Stock 0 1,195
(Gain) Loss on Revaluation of Equity Investments in Your Family Entertainment AG 1,342 (1,102)
Unrealized (Gain) Loss on Foreign Currency of Equity Investments in Your Family Entertainment AG (212) 205
Gain on Revaluation of Warrants (63) (8,999)
Realized Loss on Marketable Securities 505 4,154
Warrant Incentive Expense 0 12,664
Stock Issued for Services 242 1,040
Credit Loss Expense 144 351
Other Non-Cash Items (10) 2
Decrease (Increase) in Operating Assets:    
Accounts Receivable 6,127 3,481
Other Receivable (1,229) 909
Tax Credits Earned (less capitalized) (6,468) (12,327)
Tax Credits Received 13,760 12,247
Film and Television Costs, net (744) (778)
Prepaid Expenses and Other Assets (169) (178)
Increase (Decrease) in Operating Liabilities:    
Accounts Payable (4,816) (1,875)
Accrued Salaries & Wages (190) (358)
Accrued Expenses 439 (71)
Accrued Production Costs 491 806
Participations Payable (709) (942)
Deferred Revenue 1,840 (6,208)
Lease Liability (429) (695)
Due to Related Party (3) 55
Other Liabilities 162 (26)
Net Cash Used in Operating Activities (1,127) (20,168)
Cash Flows from Investing Activities:    
Repayments from/(Loans to) Related Party for Note Receivables (37) 1,393
Proceeds from Principal Collections on Marketable Securities 0 460
Proceeds from Sales and Maturities of Marketable Securities 8,009 67,633
Purchase of Property & Equipment (70) (68)
Net Cash Provided by Investing Activities 7,902 69,418
Cash Flows from Financing Activities:    
Proceeds from Margin Loan 9,054 17,619
Repayments of Margin Loan (8,767) (76,182)
Proceeds from Production Facilities 6,492 11,161
Repayment of Production Facilities (13,168) (9,451)
(Repayments of )/Proceeds from Bank Indebtedness, net (2,253) 573
Proceeds from Securities Purchase Agreement 3,329 5,299
Principal Payments on Finance Lease Obligations (1,040) (1,555)
Debt Issuance Costs (116) (18)
Shares Withheld for Taxes on Vested Restricted Shares 25 (25)
Payment for Warrant Put Option Exercise 0 (250)
Net Cash Used in Financing Activities (6,444) (52,829)
Effect of Exchange Rate Changes on Cash 155 34
Net Increase (Decrease) in Cash 486 (3,545)
Beginning Cash 4,095 7,432
Ending Cash 4,581 3,887
Supplemental Disclosures of Cash Flow Information    
Cash Paid for Interest 145 285
Non-Cash Financing and Investing Activities    
Leased Assets Obtained in Exchange for New Finance Lease Liabilities 0 1,432
Warrants Issued for Services 0 443
Warrant Modification $ 0 $ 3,510

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