v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Sep. 30, 2023
Current assets    
Cash $ 1,546,088 $ 3,068,696
Accounts receivable, net 3,541,592 6,211,815
Prepaid expenses and other current assets 443,045 987,605
Content assets, current 997,508 2,218,894
Total current assets 6,528,233 12,487,010
Deposits 9,954 12,054
Content assets, non-current 211,661 448,726
Deferred costs, non-current 503,123 744,408
Property and equipment, net 2,507,776 2,711,558
Right-of-use assets 189,650
Intangible assets, net 393,556 477,889
Total non-current assets 3,815,720 4,394,635
Total assets 10,343,953 16,881,645
Current liabilities    
Accounts payable 5,501,995 4,978,920
Accrued liabilities 1,866,161 3,546,338
Accrued royalties and revenue share 7,829,892 4,930,329
Equipment financing liability, current 131,348
License content liability, current 708,567 489,157
Deferred income 26,278
Lease liability, current 67,689
Revolving line of credit, current 2,175,456 2,985,298
Total current liabilities 20,637,136 19,054,762
License content liability, non-current 129,000 208,000
Equipment financing liability, non-current 229,846
Lease liability, non-current 121,961
Revolving line of credit, related party 1,679,226
Total non-current liabilities 2,160,033 2,643,216
Total liabilities 22,797,169 21,697,978
Stockholders’ equity (deficit)    
Common Stock, $0.0001 par value, 150,000,000 shares authorized, 79,048,736 and 65,620,151 shares issued and outstanding as of June 30, 2024, and September 30, 2023, respectively 7,904 6,562
Additional paid in capital 134,132,075 123,462,648
Accumulated deficit (146,593,195) (128,285,543)
Total stockholders’ equity (deficit) (12,453,216) (4,816,333)
Total liabilities and stockholders’ equity (deficit) 10,343,953 16,881,645
Related Party [Member]    
Current liabilities    
Non-revolving line of credit, current 1,000,000
Non-revolving line of credit 1,959,693
Nonrelated Party [Member]    
Current liabilities    
Non-revolving line of credit, current 1,329,750 2,124,720
Non-revolving line of credit $ 475,523

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