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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from Operating Activities:    
Net loss $ (11,883,276) $ (6,939,996)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 996,797 231,844
Content asset amortization 4,878,232 9,134,528
Amortization of deferred financing costs 149,069 98,889
Amortization and depreciation of intangibles, property and equipment 2,004,073 1,621,360
Bad debt and video return expense 581,834 694,212
Changes in operating assets and liabilities:    
Trade accounts receivable (1,915,460) (1,552,003)
Prepaid expenses and other assets (950,440) (229,653)
Content assets (24,906,339) (10,665,762)
Accounts payable, accrued expenses and other payables 1,638,507 (1,087,368)
Film library acquisition and programming obligations 8,394,383 4,345,165
Accrued participation costs 5,795,134 (5,006,136)
Other liabilities 2,170,050 1,089,986
Net cash used in operating activities (13,047,436) (8,264,934)
Cash flows from Investing Activities:    
Expenditures for property and equipment (612,813) (123,351)
Business combination, net of cash acquired (6,672,474)  
(Increase) decrease in due from affiliated companies (684,946) 1,259,274
Net cash (used in) provided by investing activities (7,970,233) 1,135,923
Cash flows from Financing Activities:    
Principal payments on debt (22,130) (4,963,962)
Repurchase of common stock (8,584,102)  
Payment of contingent consideration (2,100,195)  
Acquisition of subsidiary noncontrolling interest (750,000)  
Proceeds from revolving loan, net 4,350,014  
Proceeds from film acquisition advance 6,796,000  
Proceeds from issuance of Series A preferred stock, net 1,288,739  
Decrease in due to affiliated companies (489,959)  
Dividends paid to preferred stockholders (2,255,888) (1,928,425)
Net cash (used in) provided by financing activities (1,767,521) 16,966,160
Effect of foreign exchanges on cash, cash equivalents and restricted cash (1,604)  
Net (decrease) increase in cash, cash equivalents and restricted cash (22,786,794) 9,837,149
Cash, cash equivalents and restricted cash at beginning of period 44,286,105 14,732,726
Cash, cash equivalents and restricted cash at end of the period 21,499,311 24,569,875
Supplemental data:    
Cash paid for interest 1,151,636 1,470,015
Non-cash investing activities:    
Property and equipment in accounts payable and accrued expenses 410,935 $ 251,914
Non-cash financing activities:    
Class A common stock and additional consideration for acquisition of noncontrolling interest $ 2,228,680  
Preferred stock issued for Crackle Plus acquisition   40,000,000
Common Class A    
Cash flows from Financing Activities:    
Proceeds from issuance of common stock   $ 23,858,547