Quarterly report pursuant to Section 13 or 15(d)

Deferred Production Costs

v3.20.1
Deferred Production Costs
 3 Months Ended
Mar. 31, 2020
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.