Business Combination (Tables)

12 Months Ended

Dec. 31, 2019

Crackle Plus

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Purchase price consideration allocated to fair value of net assets acquired:
Accounts receivable, net	$	5,360,667
Prepaid expenses		892,200
Programming Rights		1,155,363
Goodwill		18,911,027
Brand Value		18,807,004
Customer User Base		21,194,641
Content Rights		1,708,270
Partner Agreements		4,005,714
Assets acquired		72,034,886
Accounts payable and accrued expenses		(13,061,494)
Programming Obligations		(7,300,861)
Liabilities assumed		(20,362,355)
Total purchase consideration	$	51,672,531

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

Fair Value of Crackle Preferred Units	$	36,350,000
Fair Value of Warrants in CSSE		10,899,204
Fair Value of Put Option		4,423,327
Total Estimated Purchase Price	$	51,672,531

Pivotshare Inc

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The acquisition was accounted for as a purchase of a business in accordance with ASC 805 Business Combinations, and the aggregate purchase price consideration of $4.3 million has been allocated to the assets acquired and liabilities assumed, based on management’s analysis and information received from an independent third-party appraisal. The results are as follows:

Purchase price consideration allocated to fair value of net assets acquired:
Accounts receivable, net	$	5,239
Other current assets		11,917
Property and equipment, net		7,771
Deferred tax asset		407,000
Other assets		29,138
Intangibles		2,820,410
Goodwill		1,300,319
Assets acquired		4,581,794
Accounts payable and accrued expenses		(98,325)
other current liabilities		(472,693)
Liabilities assumed		(571,018)
Total purchase consideration, less cash acquired	$	4,010,776
Purchase Price Consideration Allocation:
Cash consideration	$	257,758
Equity consideration - Class A common stock		731,957
Equity consideration - Series A Preferred Stock		3,350,000
Purchase price consideration		4,339,715
Less: cash acquired		(328,939)
Total Estimated Purchase Price	$	4,010,776