Quarterly report pursuant to Section 13 or 15(d)

7. Film and Television Costs and Capitalized Product Development in Process

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7. Film and Television Costs and Capitalized Product Development in Process
6 Months Ended
Jun. 30, 2015
Film And Television Costs And Capitalized Product Development In Process  
Film and Television Costs and Capitalized Product Development in Process

As of June 30, 2015, the Company had Film and Television Costs of $716,465 compared to $303,953 at December 31, 2014. The increase relates to the development and production of episodes of Thomas Edison’s Secret Lab as well as the development of Space Princesses (working title).

 

As of June 30, 2015, the Company had Capitalized Product Development in Process of $0 compared to $7,500 as of December 31, 2014. During the six months ended June 30, 2015, the Company fully impaired these assets.