Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Total Revenues $ 1,220,931 $ 93,213
Operating Expenses:    
Marketing and Sales 81,471 60,980
Direct Operating Costs 740,055 (26,749)
General and Administrative 1,649,520 1,322,452
Total Operating Expenses 2,471,046 1,356,683
Loss from Operations (1,250,115) (1,263,470)
Other Income (Expense):    
Other Income 8,760 279
Loss on Debt Extinguishment (3,352,155) 0
Sub-Lease Income 115,230 0
Interest Expense (529,202) (273)
Net Other (Expense) Income (3,757,367) 6
Loss before Income Tax Expense (5,007,482) (1,263,464)
Income Tax Expense 0 0
Net Loss (5,007,482) (1,263,464)
Beneficial Conversion Feature on Preferred Stock (322,240) 0
Net Loss Applicable to Common Shareholders $ (5,329,722) $ (1,263,464)
Net Loss per Common Share (Basic and Diluted) $ (0.54) $ (0.18)
Weighted Average Shares Outstanding (Basic and Diluted) 9,903,088 6,856,517
Licensing and Royalties [Member]    
Total Revenues $ 350,186 $ 3,754
Television and Home Entertainment [Member]    
Total Revenues 850,107 66,812
Advertising Sales [Member]    
Total Revenues 20,160 22,009
Product Sales [Member]    
Total Revenues $ 478 $ 638