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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets, net

Gross

Net

Carrying

Accumulated

Accumulated

Carrying

Amount

Amortization

Impairment

Amount

December 31, 2023:

Crackle Plus content rights

$

1,708,270

$

1,708,270

$

-

$

-

Crackle Plus brand value

18,807,004

12,157,467

6,649,537

-

Crackle Plus partner agreements

4,005,714

3,705,285

300,429

-

Distribution network

3,600,000

3,100,000

-

500,000

Locomotive contractual rights

1,206,870

886,767

-

320,103

1091 intangible assets

2,810,000

1,894,444

-

915,556

Redbox - Trade names and trademarks

82,700,000

6,628,240

52,798,000

23,273,760

Redbox - Technology

30,800,000

5,317,606

17,150,000

8,332,394

Redbox - Customer Relationships

177,700,000

16,025,417

160,103,750

1,570,833

Popcornflix brand value

7,163,943

732,789

5,406,154

1,025,000

Total definite lived intangibles

330,501,801

52,156,285

242,407,870

35,937,646

Chicken Soup for the Soul Brand

5,000,000

-

5,000,000

-

Total indefinite lived intangibles

5,000,000

-

5,000,000

-

Total

$

335,501,801

$

52,156,285

$

247,407,870

$

35,937,646

December 31, 2022:

Crackle Plus content rights

$

1,708,270

$

1,708,270

$

$

Crackle Plus brand value

18,807,004

9,739,341

9,067,663

Crackle Plus partner agreements

4,005,714

2,904,143

1,101,571

Distribution network

3,600,000

1,900,000

1,700,000

Locomotive contractual rights

1,206,870

484,477

722,393

1091 intangible assets

2,810,000

861,111

1,948,889

Redbox - Trade names and trademarks

82,700,000

2,067,500

80,632,500

Redbox - Technology

30,800,000

1,650,000

29,150,000

Redbox - Customer Relationships

177,700,000

5,261,250

172,438,750

Popcornflix brand value

7,163,943

3,500,000

3,663,943

Total definite lived intangibles

330,501,801

26,576,092

3,500,000

300,425,709

Chicken Soup for the Soul Brand

5,000,000

5,000,000

Total indefinite lived intangibles

5,000,000

5,000,000

Total

$

335,501,801

$

26,576,092

$

3,500,000

$

305,425,709

Schedule of future amortization expense

2024

$

6,008,065

2025

 

4,157,686

2026

 

3,429,631

2027

 

3,429,631

2028

3,173,381

Beyond

15,739,252

       Total

$

35,937,646

Schedule of goodwill

    

December 31, 2023

Digital

Distribution & Production

 

Retail

 

Beginning balance

$

155,069,845

$

26,552,214

$

79,125,998

Adjustments

 

(3,352,082)

Accumulated impairment losses

(61,128,000)

(75,773,916)

Total

$

93,941,845

$

26,552,214

$

December 31, 2022

Digital

Distribution & Production

 

Retail

 

Beginning balance

$

18,911,027

$

21,075,503

$

Acquisitions

136,158,818

 

5,476,711

79,125,998

Total

$

155,069,845

$

26,552,214

$

79,125,998