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6. Film and Television Costs, Net
 3 Months Ended
Mar. 31, 2021
Film, Capitalized Cost [Abstract]  
Film and Television Costs, net

Note 6: Film and Television Costs, Net

 

As of March 31, 2021, the Company had net Film and Television Costs of $13,106,729, compared to $11,828,494 at December 31, 2020. The increases primarily relates to the development costs related to Stan Lee’s Superhero Kindergarten offset by amortization of Rainbow Rangers Season 1 and Llama Llama Seasons 1 & 2.

 

During the three months ended March 31, 2021 and 2020, the Company recorded Film and Television Cost amortization expense of $117,947 and $979,598, respectively.

 

The following table highlights the activity in Film and Television Costs of March 31, 2021, and December 31, 2020:

 

   Total 
Film and Television Costs, Net as of December 31, 2019  $9,906,885 
Additions to Film and Television Costs   2,901,207 
Film Amortization Expense   (979,598)
Film and Television Costs, Net as of December 31, 2020   11,828,494 
Additions to Film and Television Costs   1,396,180 
Film Amortization Expense   (117,947)
Film and Television Costs, Net as of March 31, 2021  $13,106,727