XML 54 R44.htm IDEA: XBRL DOCUMENT v3.22.2
Business Combination - Purchase price to fair value of net assets acquired (Details) - USD ($)
Jun. 30, 2022
Mar. 04, 2022
Dec. 31, 2021
May 21, 2021
Purchase price consideration allocated to fair value of net assets acquired:        
Goodwill $ 45,463,240   $ 39,986,530  
1091 Media, LLC        
Purchase price consideration allocated to fair value of net assets acquired:        
Accounts receivable, net   $ 4,677,133    
Content assets   4,695,000    
Other assets   49,348    
Intangibles   2,810,000    
Total identifiable assets acquired   12,231,481    
Accounts payable and accrued expenses   129,244    
Revenue share payable   1,623,177    
Accrued third party share   3,999,544    
Total liabilities assumed   5,751,965    
Net identifiable assets acquired   6,479,516    
Goodwill   5,476,710    
Net assets acquired   $ 11,956,226    
Sonar Entertainment Inc.        
Purchase price consideration allocated to fair value of net assets acquired:        
Accounts receivable, net       $ 17,373,257
Film library       13,000,000
Intangibles       3,600,000
Total identifiable assets acquired       33,973,257
Goodwill       19,838,743
Net assets acquired       $ 53,812,000