| Schedule of identifiable assets and liabilities |
The following table presents a summary of identifiable assets as of September 30, 2018:
| | | | |
| | | | | |
| | | Technology
| | Entertainment
|
Assets
| | | |
| | Cash
| $ 190,262
| | $ 20,352
|
| | Property and equipment, net
| 40,442
| | 4,124,798
|
| | Receivables
| 33,097
| | 17,663
|
| | Inventory
| 362,203
| | 6,008
|
| | Prepaid and other current assets
| 1,184
| | 1,778
|
| | Other assets
| 1,511,844
| | 10,870
|
| | Goodwill
| 892,312
| | -
|
| | | | | |
| | Total Assets
| 3,031,344
| | 4,181,469
|
| | | | | |
Liabilities
| | | |
| | Accounts payable
| 350,115
| | 161,540
|
| | Debt
| 836,657
| | 5,401,294
|
| | Accrued expenses
| 24,998
| | 130,392
|
| | | | | |
| | Total liabilities
| 1,211,770
| | 5,693,226
|
| | | | | |
|
| Schedule of Operating Information |
The following table presents a summary of operating information for the year ended September 30, 2018:
| | | | |
| | | | | |
Revenues
| | | |
| | Technology
| $ 502,664
| | $ -
|
| | Entertainment
| -
| | 216,755
|
| | | | | |
Cost of Sales
| | | |
| | Technology
| 407,351
| | -
|
| | Entertainment
| -
| | 71,558
|
| | | | | |
Gross Profit
| 95,313
| | 145,197
|
| | | | | |
General and Administrative Expenses
| | | |
| | Technology
| 650,067
| | -
|
| | Entertainment
| -
| | 213,527
|
| | | | | |
Other Income (Expense)
| | | |
| | Technology
| (9,764)
| | -
|
| | Entertainment
| -
| | 1,395
|
| | | | | |
Net Loss
| (564,518)
| | (66,935)
|
| | | | | |
|