v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Sep. 30, 2022
Current assets    
Cash $ 7,753,644 $ 14,071,914
Accounts receivable, net 15,474,223 12,590,970
Prepaid expenses and other current assets 1,232,830 1,496,566
Deferred offering costs 68,832  
Content assets - current 1,863,697 745,633
Total current assets 26,393,226 28,905,083
Non-current assets    
Deposits 63,889 63,889
Content assets - non current 1,634,847 678,659
Property and equipment, net 2,372,546 1,633,169
Operating lease right-of-use assets 33,917 76,696
Intangible assets, net 562,222 590,333
Total non-current assets 4,667,421 3,042,746
Total assets 31,060,647 31,947,829
Current liabilities    
Accounts payable 6,372,516 7,453,801
Accrued liabilities 3,289,498 5,620,873
Accrued royalties 8,419,287 4,559,088
Payable on acquisition   250,125
License content liabilities - current 1,429,109 1,092,819
Deferred Income 143,139 140,764
Lease liability - current 30,425 75,529
Non-revolving line of credit 1,652,031  
Total current liabilities 21,336,005 19,192,999
Non-current liabilities    
Non-revolving line of credit 4,666,022 4,524,985
Non-revolving line of credit, related party 2,873,160 2,575,753
Total non-current liabilities 7,539,182 7,100,738
Total liabilities 28,875,187 26,293,737
Stockholders' equity    
Common Stock, $0.0001 par value, 105,555,556 shares authorized, 56,381,209 and 56,381,209 shares issued and outstanding as of December 31, 2022, and September 30, 2022, respectively 5,638 5,638
Additional paid in capital 103,761,125 101,970,318
Accumulated deficit (101,581,303) (96,321,864)
Total stockholders' equity 2,185,460 5,654,092
Total liabilities and stockholders' equity 31,060,647 31,947,829
Non-revolving line of credit    
Current liabilities    
Non-revolving line of credit 1,652,031  
Non-current liabilities    
Non-revolving line of credit   1,494,469
Revolving line of credit    
Non-current liabilities    
Non-revolving line of credit $ 4,666,022 $ 3,030,516

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