Acquisition (Tables)

3 Months Ended

Mar. 31, 2019

Business Combinations [Abstract]

Schedule of Assets Acquired of Purchase Price

The Company allocated the purchase consideration to the fair value of the assets acquired and liabilities assumed as summarized in the table below (in thousands except for share and per share amounts):

	Fair Value
Consideration Paid:
Series X Convertible Preferred Stock (1,000,000 shares at a fair value of $211.50 per share)	$	211,500
Purchase Price Allocation:
Property and equipment		22
Accounts payable		(2,291	)
Accrued expenses		(3,205	)
Notes payable (in default)		(3,634	)
Warrant liability		(4,437	)
Due to related parties and affiliates		(295	)
Net liabilities assumed		(13,840	)
Excess allocated to
Human animation technologies		123,436
Trademark and trade names		7,746
Animation and visual effects technologies		6,016
Digital asset library		6,255
Intangible assets		143,453
Deferred tax liability		(36,944	)
Non- controlling interest		(29,224	)
Goodwill		148,055
Total Purchase Price	$	211,500

Schedule of Pro Forma Information

The following unaudited pro forma financial information for the three months ended March 31, 2018 presents combined results of operations as if the acquisition of Evolution AI Corporation and Pulse Evolution Corporation had occurred on January 1, 2017 (in thousands):

	Three Months Ended
	March 31, 2018
Operating Revenues	$	147
Net Loss	$	(5,133	)