General form of registration statement for all companies including face-amount certificate companies

Deferred Production Costs

v3.20.1
Deferred Production Costs
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Deferred Production Costs [Abstract]    
Deferred Production Costs

Note 5 – Deferred Production Costs

 

Deferred production costs consist of the following:

  

    March 31,     December 31,  
    2020     2019  
Deferred production costs   $ 29,053,246       28,290,200  
Less: accumulated amortization     (17,544,417 )     (17,327,718 )
Deferred production costs, net   $ 11,508,829     $ 10,962,482  
                 
Weighted average remaining amortization                
period at March 31, 2020 (in years)     4.14          

  

During the three months ended March 31, 2020 and 2019, production costs of $216,698 and $453,963 respectively, were expensed and are reflected in multiplatform content costs in the condensed consolidated statements of operations and comprehensive loss.

Note 9 – Deferred Production Costs

 

Deferred production costs consist of the following:

 

    December 31,  
    2019     2018  
Deferred production costs   $ 28,290,200       23,604,111  
Less: accumulated amortization     (17,327,718 )     (14,545,267 )
Deferred production costs, net   $ 10,962,482     $ 9,058,844  
                 
Weighted average remaining amortization period at December 31, 2019 (in years)     4.08          

  

During the years ended December 31, 2019 and 2018, production costs of $2,782,451 and $1,663,835 respectively, were expensed and are reflected in multiplatform content costs in the consolidated statements of operations.