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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three Months Ended September 30, 

 

 

 

 

 

 

 

 

 

 

 

% of  

 

 

    

2019

    

% of revenue

    

2018

    

revenue

 

Revenue:

 

 

  

 

  

 

 

  

 

  

 

Online networks

 

$

14,383,659

 

86

%  

$

1,809,689

 

28

%

Television and film distribution

 

 

2,613,872

 

16

%  

 

2,510,462

 

39

%

Television and short-form video production

 

 

48,557

 

0

%  

 

2,283,933

 

35

%

Total revenue

 

 

17,046,088

 

102

%  

 

6,604,084

 

102

%

Less: returns and allowances

 

 

(255,394)

 

(2)

%  

 

(107,300)

 

(2)

%

Net revenue

 

$

16,790,694

 

100

%  

$

6,496,784

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 

 

 

 

 

 

 

 

 

 

 

 

% of 

 

 

    

2019

    

% of  revenue

    

2018

    

revenue

 

Revenue:

 

 

  

 

  

 

 

  

 

  

 

Online networks

 

$

25,128,001

 

81

%  

$

3,339,901

 

22

%

Television and film distribution

 

 

6,058,862

 

20

%  

 

7,785,427

 

51

%

Television and short-form video production

 

 

596,252

 

2

%  

 

4,720,094

 

31

%

Total revenue

 

 

31,783,115

 

103

%  

 

15,845,422

 

104

%

Less: returns and allowances

 

 

(828,785)

 

(3)

%  

 

(553,294)

 

(4)

%

Net revenue

 

$

30,954,330

 

100

%  

$

15,292,128

 

100

%

 

Contract with Customer, Asset and Liability [Table Text Block]

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31,

 

 

2019

 

2018

Contract Assets

 

$

27,731,931

 

$

12,841,099

Contract Liabilities

 

$

 —

 

$

6,469