Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 6,447,402	$ 6,451,758
Restricted cash		750,000
Accounts receivable, net	34,661,119	12,841,099
Prepaid expenses	861,190	218,736
Inventory, net	312,033	262,068
Goodwill	21,448,106	2,537,079
Indefinite lived intangible assets	12,163,943	12,163,943
Intangible assets, net	35,451,951	2,971,637
Film library, net	33,250,149	25,338,502
Due from affiliated companies	7,642,432	1,213,436
Programming costs, net	14,459,271	12,790,489
Program rights, net	654,303
Deferred tax asset		452,000
Other assets, net	313,585	356,221
Total assets	167,665,484	78,346,968
LIABILITIES AND EQUITY
Current maturities of commercial loan	3,200,000	1,000,000
Commercial loan and revolving line of credit, net of unamortized deferred finance cost of $189,525 and $334,554, respectively	11,810,475	6,582,113
Notes payable under revolving credit facility	5,000,000
Accounts payable and accrued expenses	26,646,390	5,078,805
Ad representation fees payable	12,429,838
Film library acquisition obligations	5,020,600	2,715,600
Programming obligations	7,300,861
Accrued participation costs	5,066,512	1,539,139
Other liabilities	170,106	414,506
Deferred revenue	0	6,469
Total liabilities	76,644,782	17,336,632
Commitments and contingencies (Note 15)
Stockholder's Equity:
Series A cumulative redeemable perpetual preferred stock, $.0001 par value, liquidation preference of $25.00 per share, 10,000,000 shares authorized; 1,599,002 and 918,497 shares issued and outstanding, respectively, redemption value of $39,975,050 and $22,962,425, respectively	160	92
Additional paid-in capital	87,610,030	59,360,583
Retained (deficit) earnings	(32,695,629)	2,281,187
Class A common stock held in treasury, at cost (74,235 shares)	(632,729)	(632,729)
Total stockholders’ equity	54,283,039	61,010,336
Subsidiary convertible preferred stock (Note 12)	36,350,000
Noncontrolling interests (Note 12)	387,663
Total Equity	91,020,702	61,010,336
Total liabilities and equity	167,665,484	78,346,968
Common Class A
Stockholder's Equity:
Common stock value	425	421
Common Class B
Stockholder's Equity:
Common stock value	$ 782	$ 782