Quarterly report pursuant to sections 13 or 15(d)

Statements of Operations (unaudited)

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Statements of Operations (unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Product Sales $ 394,772 $ 1,601,212 $ 1,097,585 $ 2,602,463
Licensing & Royalties 227,552 40,586 258,978 70,282
Total Revenues 622,324 1,641,798 1,356,563 2,672,745
Cost of Sales (Excluding Depreciation) 332,668 1,290,745 979,977 2,024,876
Gross Profit 289,656 351,053 376,586 647,869
Operating Expenses:        
Product Development 2,848 2,622 29,839 8,302
Professional Services 113,853 30,693 178,359 104,568
Rent Expense 1,254 9,431 8,201 18,863
Marketing & Sales 104,072 239,563 158,791 429,120
Depreciation & Amortization 39,003 36,974 78,175 75,689
Salaries and Related Expenses 359,944 437,973 831,090 847,337
Stock Compensation Expense 101,988 61,419 160,268 123,379
Other General & Administrative 51,285 182,026 107,490 258,430
Total Operating Expenses 774,247 1,000,701 1,552,213 1,865,688
Loss from Operations (484,591) (649,648) (1,175,627) (1,217,819)
Other Income (Expense):        
Other Income 16 86 32 171
Interest Expense (155,483) (3,987) (310,742) (5,147)
Interest Expense - Related Parties (6,810) (5,978) (13,534) (38,033)
Gain (loss) on derivative valuation 103,619    10,757   
Gain (loss) on extinguishment of debt    76,280    76,280
Net Other Income (Expense) (58,658) 66,401 (313,487) 33,271
Loss before Income Tax Expense and Noncontrolling Interest (543,249) (583,247) (1,489,114) (1,184,548)
Income Tax Expense            
Net Loss (543,249) (583,247) (1,489,114) (1,184,548)
Acquisition of Noncontrolling Interest          (5,366)
Net Loss attributable to Genius Brands International, Inc. $ (543,249) $ (583,247) $ (1,489,114) $ (1,189,914)
Net Loss per common share $ (0.01) $ (0.01) $ (0.02) $ (0.02)
Weighted average shares outstanding 72,291,089 62,312,162 72,490,289 63,277,002