Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total Revenue $ 14,189,000 $ 1,441,000
Operating Expenses:    
Marketing and Sales 245,000 160,000
Direct Operating Costs 11,285,000 344,000
General and Administrative 9,225,000 10,857,000
Impairment of Property and Equipment 119,727 0
Impairment of Intangible Assets 4,023,000 0
Impairment of Goodwill 11,287,000 0
Total Operating Expenses 36,185,000 11,361,000
Loss from Operations (21,996,000) (9,920,000)
Interest Expense (1,085,000) (55,000)
Other Income (Expense), Net (1,712,000) 5,413,000
Loss Before Income Tax Expense (24,793,000) (4,562,000)
Income Tax Expense 0 0
Net Loss (24,793,000) (4,562,000)
Net Loss Attributable to Non-Controlling Interests 31,000 31,000
Net Loss Attributable to Genius Brands International, Inc. $ (24,762,000) $ (4,531,000)
Net Loss per Share (Basic) (in dollars per share) $ (0.77) $ (0.15)
Net Loss per Share (Diluted) (in dollars per share) $ (0.77) $ (0.15)
Weighted Average Shares Outstanding (Basic) (in shares) 31,978,335 30,377,925
Weighted Average Shares Outstanding (Diluted) (in shares) 31,978,335 30,377,925
Production Services    
Revenues:    
Total Revenue $ 9,886,000 $ 0
Content Distribution    
Revenues:    
Total Revenue 3,301,000 414,000
Licensing & Royalties    
Revenues:    
Total Revenue 46,000 41,000
Media Advisory & Advertising Services    
Revenues:    
Total Revenue $ 956,000 $ 986,000