v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income (loss) $ 2,134,556 $ (1,946,963)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization – film assets 140,709 212,709
Amortization – loan origination fees and debt discounts 2,949 (1,889)
Loss (gain) on change in fair value of convertible notes 70,760 (117,105)
Gain on change in fair value of warrant liabilities (410,658) (639,518)
Depreciation – property and equipment 12,734 67,904
Impairment of film assets 69,149 0
Stock-based compensation expenses 44,880 843,619
Deferred taxes, net (2,041,515)
Changes in assets and liabilities:    
Accounts receivable 3,321,990 696,553
Accounts receivable – related party 2,503,407
Prepaid expenses – related party 106,414 (544,532)
Prepaid expenses and other current assets 746,830 377,962
Prepaid taxes 3,829,908 143,451
Other noncurrent assets (422,573) (656,562)
Accounts payable (1,621,431) (198,705)
Accounts payable – related parties 1,581,936 623,430
Accrued expenses and other liabilities 471,399 (650,236)
Loan and interest receivable – related party (493) (493)
Lease liabilities 86,834 (80,510)
Deferred revenue (358,504) 2,138,026
Net cash provided by operating activities 10,207,831 764,549
Cash flows from investing activities:    
Acquisition of software (290,000)
Acquisition of software licenses (162,000) (1,412,000)
Investments in software (177,002)
Net cash used in investing activities (162,000) (1,879,002)
Cash flows from financing activities:    
Repayments on promissory note (21,546)
Repayments on notes payable (295,119)
Repayments on convertible notes (1,525,384)
Repayments on revolving loan (2,500,000)
Cash proceeds from exercise of warrants 159,000
Proceeds from issuance of convertible notes 3,000,000
Payments of loan origination fees (7,500)
Net cash provided by (used in) financing activities (4,328,003) 3,137,454
Effect of foreign currency translation on cash and cash equivalents (26,824) 32,171
Net increase in cash and cash equivalents, and restricted cash and cash equivalents 5,691,004 2,055,172
Cash and cash equivalents, and restricted cash and cash equivalents – beginning of the period 10,503,164 8,238,944
Cash and cash equivalents, and restricted cash and cash equivalents – end of the period 16,194,168 10,294,116
Cash paid during the period for:    
Interest 228,053 97,260
Income taxes 184,707
Noncash transactions during the period for:    
Liabilities converted to equity upon exercise of warrants 323,113
Acquisition of film licenses in accounts payable 14,000 152,000
Acquisition of software and software licenses in accounts payable and accrued expenses (8,639) 51,741
Change in fair value of notes recorded in accumulated other comprehensive income 5,310 22,023
Nonrelated Party [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization – intangible assets, net 150,442 35,516
Related Party [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization – intangible assets, net $ 250,000