XML 52 R40.htm IDEA: XBRL DOCUMENT v3.21.1

18. Warrants (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of warrant activity

The following table summarizes the changes in the Company’s outstanding warrants during the three months ended March 31, 2021:

		Warrants Outstanding Number Of Shares				Exercise Prices Per Share				Weighted Average Remaining Contractual Life				Weighted Average Exercise Price Per Share
Balance at December 31, 2020			45,511,965			$	0.21 - 5.30				5.19 years			$	1.55
Warrants Granted			39,740,500			$	2.37				4.83 years			$	2.37
Warrants Exercised			39,740,500			$	1.55				4.76 years			$	1.55
Warrants Expired			–			$	–				–			$	–
Balance at March 31, 2021			45,511,965			$	0.21 - 5.30				5.16 years			$	2.27
Exercisable December 31, 2019			7,176,620			$	0.76 - 6.00				3.77 years			$	2.52
Exercisable December 31, 2020			42,227,793			$	0.21 - 5.30				4.74 years			$	2.33

Warrants [Member]

Schedule of assumptions

The fair value of these options was determined to be $69,138,527 using the Black-Scholes option pricing model based on the following assumptions:

Exercise Price	$2.37
Dividend Yield	0%
Volatility	144%
Risk-free interest rate	0.42%
Expected life of options	5.0 years

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=gnus_WarrantsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: