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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (12,856,035) $ (15,076,556)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 924,766 1,244,329
Depreciation and amortization expense 795,072 422,725
Amortization of content assets 1,558,283 1,312,710
Amortization of right-of-use assets   59,511
Right of use assets payment (205,545)  
Bad debt expense 677,882  
Extinguishment of debt converted to equity 338,858  
Loss on extinguishment of debt converted to equity 25,424  
Stock-based compensation 2,599,295 4,266,614
Shares issued for capital raise costs 44,997  
Shares issued for consulting fees 124,135  
Shares issued for vested RSUs 29  
Change in operating assets and liabilities:    
Accounts receivable 1,961,711 6,896,649
Inventory 7,604 10,252
Prepaid expenses 312,880 568,138
Deposit 2,086 (201)
Accounts payable 3,509,252 (1,181,952)
Accrued liabilities (2,054,235) (2,207,835)
Accrued royalties and revenue share 326,279 (1,374,484)
License content liability (751,100) (3,457,477)
Operating lease liabilities 205,545 (57,046)
Equipment financing liability 112,379  
Deferred income 52,983 (140,764)
NET CASH USED IN OPERATING ACTIVITIES (2,287,455) (8,715,387)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (473,562) (1,046,876)
NET CASH USED IN INVESTING ACTIVITIES (473,562) (1,046,876)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from lines of credit 19,793,104 28,087,249
Repayments on lines of credit (19,001,212) (27,326,600)
Proceeds from exercise of warrants 1,480,699  
Issuance costs for stock uplist   (86,330)
Deferred costs (167,789) (61,983)
Payment of acquisition related consideration   (250,125)
Debt issuance costs (215,122) (22,300)
Short swing profit recovery   1,201
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,889,680 341,112
Change in cash and cash equivalents (871,337) (9,421,151)
Cash, beginning of period 3,068,696 14,071,914
Cash, end of period 2,197,359 4,650,763
SUPPLEMENTAL DISCLOSURES OF CASH FLOW STATEMENTS    
Cash paid for interest 511,738 665,309
Cash paid for income taxes   1,230
SUPPLEMENTAL DISCLOSURES OF NON CASH INVESTING AND FINANCING ACTIVITIES    
Shares issued for debt conversion 2,455,741  
Unpaid additions to licensed content and internally developed content 200,167 52,916
Unpaid deferred costs 36,625 170,862
Unpaid additions to property and equipment $ 30,820 $ 387,588

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