v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Sep. 30, 2023
Current assets    
Cash $ 2,197,359 $ 3,068,696
Accounts receivable, net 3,572,222 6,211,815
Prepaid expenses and other current assets 667,124 987,605
Content assets, current 1,749,683 2,218,894
Total current assets 8,186,388 12,487,010
Non-current assets    
Deposits 9,968 12,054
Content assets, non-current 257,921 448,726
Deferred costs, non-current 698,570 744,408
Property and equipment, net 2,290,284 2,711,558
Operating lease right-of-use assets 205,545  
Intangible assets, net 421,667 477,889
Total non-current assets 3,883,955 4,394,635
Total assets 12,070,343 16,881,645
Current liabilities    
Accounts payable 7,942,137 4,978,920
Accrued liabilities 1,494,278 3,546,338
Accrued royalties and revenue share 5,256,608 4,930,329
License content liabilities, current 865,572 489,157
Equipment financing liability, current 32,998  
Deferred Income 52,983  
Lease liability, current 66,024  
Total current liabilities 19,529,193 19,054,762
Non-current liabilities    
License content liabilities, non-current 153,000 208,000
Equipment financing liability, non-current 79,381  
Lease liability, non-current 139,521  
Total non-current liabilities 2,505,353 2,643,216
Total liabilities 22,034,546 21,697,978
Commitments and contingencies (Note 9)
Stockholders' equity (deficit)    
Common Stock, $0.0001 par value, 150,000,000 shares authorized, 71,173,736 and 65,620,151 shares issued and outstanding as of March 31, 2024 and September 30, 2023, respectively 7,117 6,562
Additional paid in capital 131,170,258 123,462,648
Accumulated deficit (141,141,578) (128,285,543)
Total stockholders' equity (deficit) (9,964,203) (4,816,333)
Total liabilities and stockholders' equity (deficit) 12,070,343 16,881,645
Nonrelated party    
Current liabilities    
Line of credit, current 2,818,593 5,110,018
Non-current liabilities    
Line of credit, noncurrent 537,831 475,523
Non-revolving line of credit | Nonrelated party    
Current liabilities    
Line of credit, current 994,033 2,124,720
Non-current liabilities    
Line of credit, noncurrent 537,831 475,523
Revolving line of credit    
Current liabilities    
Line of credit, current 1,824,560 2,985,298
Non-current liabilities    
Line of credit, noncurrent 1,595,620  
Related Party | Related Party    
Current liabilities    
Line of credit, current $ 1,000,000  
Non-current liabilities    
Line of credit, noncurrent   $ 1,959,693

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