5. Film and Television Costs, net |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Film And Television Costs Net | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Film and Television Costs, net |
As of March 31, 2017, the Company had net Film and Television Costs of $3,229,013 compared to $2,260,964 at December 31, 2016. The increase relates primarily to the production and development of SpacePop, Llama Llama, and Rainbow Rangers offset by the amortization of film costs associated with the revenue recognized for Thomas Edison’s Secret Lab and SpacePop.
During the three months ended March 31, 2017 and 2016, the Company recorded Film and Television Cost amortization expense of $4,605 and $117,153, respectively.
The following table highlights the activity in Film and Television Costs of March 31, 2017, and December 31, 2016:
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