Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Total Revenues $ 523,175 $ 256,501 $ 692,799 $ 650,723
Operating Expenses:        
Marketing and Sales 92,946 86,715 334,302 361,761
Direct Operating Costs 476,199 186,226 1,206,147 254,243
General and Administrative 1,207,894 1,150,147 3,858,650 3,772,643
Total Operating Expenses 1,777,039 1,423,088 5,399,099 4,388,647
Loss from Operations (1,253,864) (1,166,587) (4,706,300) (3,737,924)
Other Income (Expense):        
Other Income 9,489 2,975 9,769 8,568
Interest Expense (577,477) (794) (578,570) (2,827)
Net Other Income (Expense) (567,988) 2,181 (568,801) 5,741
Loss before Income Tax Expense (1,821,852) (1,164,406) (5,275,101) (3,732,183)
Income Tax Expense 0 0 0 0
Net Loss (1,821,852) (1,164,406) (5,275,101) (3,732,183)
Beneficial Conversion Feature on Preferred Stock (353,333) 0 (353,333) 0
Net Loss Applicable to Common Shareholders $ (2,175,185) $ (1,164,406) $ (5,628,434) $ (3,732,183)
Net Loss per Common Share (Basic and Diluted) $ (0.24) $ (0.20) $ (0.66) $ (0.67)
Weighted Average Shares Outstanding (Basic and Diluted) 9,062,966 5,923,838 8,556,232 5,591,492
Licensing and Royalties [Member]        
Total Revenues $ 210,675 $ 94,430 $ 302,140 $ 365,993
Television and Home Entertainment [Member]        
Total Revenues 196,519 155,003 234,474 263,142
Advertising Sales [Member]        
Total Revenues 115,628 7,008 154,563 13,027
Product Sales [Member]        
Total Revenues $ 353 $ 60 $ 1,622 $ 8,561