As of June 30, 2016, the Company had Film and Television Costs, net of $1,250,352 compared to $1,003,546 at December 31, 2015. The increase relates primarily to the production and development of SpacePop, Llama Llama, and Stan Lee’s Cosmic Crusaders offset by the amortization of film costs associated with the revenue recognized for Thomas Edison’s Secret Lab. During the three months ended June 30, 2016 and 2015, the Company recorded Film and Television Cost amortization expense of $17,644 and $0, respectively. During the six months ended June 30, 2016 and 2015, the Company recorded Film and Television Cost amortization expense of $135,157 and $0, respectively. The Company recorded accumulated Film and Television Cost amortization of $262,708 and $127,551 as of June 30, 2016 and December 31, 2015, respectively.