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ROYALTY ADVANCES | 9 Months Ended
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Dec. 31, 2025
ROYALTY ADVANCES |
ROYALTY ADVANCES | NOTE 7. ROYALTY ADVANCES The Company made royalty advances totaling $10,703,682 and $13,957,135 during the nine months ended December 31, 2025 and 2024, respectively, recoupable from the writer’s or artist’s share of future royalties otherwise payable, in varying amounts. Advances expected to be recouped within the next twelve months are classified as current assets, with the remainder classified as noncurrent assets, net of reserves for amounts that may not be recoverable. The following table reflects the change in royalty advances, net during the nine months ended December 31, 2025 and 2024: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended December 31,
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024
Balance at beginning of period | ​ | $ | 70,690,618 | ​ | $ | 69,775,565
Additions | ​ |  | 10,703,682 | ​ |  | 13,957,135
Recoupments | ​ |  | (12,210,448) | ​ |  | (17,065,801)
Foreign currency translation | ​ | ​ | 289,012 | ​ | ​ | (74,363)
Balance at end of period | ​ | $ | 69,472,864 | ​ | $ | 66,592,536
​

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- References No definition available. + Details
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