Significant Accounting Policies (Tables)
|
3 Months Ended |
Mar. 31, 2020 |
|---|
| Schedule of antidiluted shares |
| |
|
For the Three Months Ended
March 31, |
|
| |
|
2020 |
|
|
2019 |
|
| Common shares subscribed |
|
|
1,018,848 |
|
|
|
- |
|
| Options |
|
|
2,360,000 |
|
|
|
- |
|
| Warrants |
|
|
18,637,003 |
|
|
|
3,800,000 |
|
| Convertible debt |
|
|
1,647,058 |
|
|
|
- |
|
| Unit purchase options |
|
|
600,000 |
|
|
|
600,000 |
|
| Contingent consideration shares |
|
|
3,846,153 |
|
|
|
- |
|
| |
|
|
28,109,062 |
|
|
|
4,400,000 |
|
|
| Adjustment under 606 [Member] |
|
| Schedule of revenue recognition |
| |
|
For the Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2020 |
|
|
2019 |
|
| |
|
|
|
|
|
|
| Revenues Recognized at a Point in Time: |
|
|
|
|
|
|
| Event revenue |
|
$ |
1,470,628 |
|
|
|
1,679,759 |
|
| Distribution revenue |
|
|
456,919 |
|
|
|
434,749 |
|
| Social gaming revenue |
|
|
261,924 |
|
|
|
104,784 |
|
| Food and beverage revenue |
|
|
232,299 |
|
|
|
371,866 |
|
| Sponsorship revenue |
|
|
2,502 |
|
|
|
67,295 |
|
| Ticket and gaming revenue |
|
|
138,687 |
|
|
|
172,039 |
|
| Merchandising revenue |
|
|
18,049 |
|
|
|
50,572 |
|
| Music royalty revenue |
|
|
373,739 |
|
|
|
299,369 |
|
| Online advertising revenue |
|
|
1,955 |
|
|
|
- |
|
| Other revenue |
|
|
10,546 |
|
|
|
4,045 |
|
| Total Revenues Recognized at a Point in Time |
|
|
2,967,248 |
|
|
|
3,184,478 |
|
| |
|
|
|
|
|
|
|
|
| Revenues Recognized Over a Period of Time: |
|
|
|
|
|
|
|
|
| Subscription revenue |
|
|
1,286,789 |
|
|
|
1,227,623 |
|
| Sponsorship revenue |
|
|
826,937 |
|
|
|
773,614 |
|
| Virtual product revenue |
|
|
924,315 |
|
|
|
923,495 |
|
| Licensing revenue |
|
|
39,764 |
|
|
|
125,838 |
|
| Total Revenues Recognized Over a Period of Time |
|
|
3,077,805 |
|
|
|
3,0550,570 |
|
| Total Revenues |
|
$ |
6,045,053 |
|
|
$ |
6,235,048 |
|
|
| In-person [Member] |
|
| Schedule of revenue recognition |
|
|
For the Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2020 |
|
|
2019 |
|
| Event revenue |
|
$ |
1,470,628 |
|
|
$ |
1,679,759 |
|
| Sponsorship revenue |
|
|
445,155 |
|
|
|
473,405 |
|
| Food and beverage revenue |
|
|
232,299 |
|
|
|
371,866 |
|
| Ticket and gaming revenue |
|
|
138,687 |
|
|
|
172,039 |
|
| Merchandising revenue |
|
|
18,049 |
|
|
|
50,572 |
|
| Other revenue |
|
|
104 |
|
|
|
- |
|
| Total in-person revenue |
|
$ |
2,304,922 |
|
|
$ |
2,747,641 |
|
|
| Multiplatform Content [Member] |
|
| Schedule of revenue recognition |
| |
|
For the Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2020 |
|
|
2019 |
|
| Distribution revenue |
|
$ |
456,919 |
|
|
|
434,749 |
|
| Sponsorship revenue |
|
|
384,284 |
|
|
|
367,504 |
|
| Music royalty revenue |
|
|
373,739 |
|
|
|
299,369 |
|
| Online advertising revenue |
|
|
1,955 |
|
|
|
- |
|
| Total multiplatform content revenue |
|
$ |
1,216,897 |
|
|
$ |
1,101,622 |
|
|
| Interactive Product [Member] |
|
| Schedule of revenue recognition |
| |
|
For the Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2020 |
|
|
2019 |
|
| Subscription revenue |
|
$ |
1,286,789 |
|
|
$ |
1,227,623 |
|
| Virtual product revenue |
|
|
924,315 |
|
|
|
923,495 |
|
| Social gaming revenue |
|
|
261,924 |
|
|
|
104,784 |
|
| Licensing revenue |
|
|
39,764 |
|
|
|
125,838 |
|
| Other revenue |
|
|
10,442 |
|
|
|
4,045 |
|
| Total interactive revenue |
|
$ |
2,523,234 |
|
|
$ |
2,385,785 |
|
|