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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Summary of purchase price consideration paid | The following table summarizes the consideration paid, including the NWC Adjustment (in thousands):
| Amount
SPA cash consideration at closing | $ | 3,500 |
APA cash consideration at closing | 300 |
Net working capital adjustment | 269 |
Total | $ | 4,069 |
The following table summarizes the consideration paid (in thousands):
| Amount
Cash | $ | 38,310 |
Genius Common Stock Issued | 10,832 |
Shares Issued Exchangeable for Genius Common Stock | 722 |
Stock Option Value of Replacement Options- Pre- Combination Vested Options | 1,214 |
Severance Payments | 1,044 |
Bonuses | 529 |
Total | $ | 52,651 |
Summary of assets acquired and liabilities assumed | The Company has completed and finalized the purchase price allocation as of December 31, 2022 and recorded the respective fair values of assets acquired and liabilities assumed on January 13, 2022 as follows (in thousands):
Cash | $ | 176 |
Accounts Receivable | 239 |
Prepaid Expenses | 25 |
Trade Name | 24 |
Digital Networks | 2,804 |
Technology | 300 |
Goodwill | 672 |
Accounts Payable and Accrued Expenses | (140) |
Tax Liability | (31) |
Total Consideration | $ | 4,069 |
The Company has completed and finalized the purchase price allocation as of December 31, 2022 and recorded the respective fair values of assets acquired and liabilities assumed on April 6, 2022 as follows (in thousands):
Cash and cash equivalents | $ | 2,573 |
Accounts Receivable | 34,237 |
Other Receivable | 78 |
Prepaid Expenses and Other | 1,245 |
Property and Equipment | 1,936 |
ROU Assets | 10,311 |
IP (Productions in Progress) | 4,600 |
IP (Completed Productions) | 5,684 |
Tradename | 7,630 |
Customer Relationships | 16,064 |
Networks and Platforms | 803 |
Goodwill | 21,398 |
Accounts Payable | (1,547) |
Participations Payable | (1,380) |
Bank Debt | (1,475) |
Accrued Liabilities | (3,825) |
Interim Production Facilities | (16,930) |
Deferred Revenue | (18,080) |
Lease Liabilities | (10,614) |
Other Liabilities | (57) |
Total Consideration | $ | 52,651 |
Supplemental pro forma information | The following supplemental unaudited pro forma information summarizes the Company’s results of operations as if the acquisitions were completed at the beginning of the periods presented (in thousands, except for share and per share data):
| Year Ended |  | Partial Period Pre-Acquisition |  | Year Ended
| Genius Brands Consolidated (inc. WOW and Ameba Pre-Acquisition Results) |  | Wow Pre-Acquisition |  | Ameba Pre-Acquisition |  | Wow Pre-Acquisition |  | Ameba Pre-Acquisition
| December 31, 2022(1) |  | December 31, 2021 |  | January 1- March 31, 2022 |  | January 1-16, 2022 |  | December 31, 2021(1) |  | December 31, 2021
Total Revenues | $ | 80,404 |  |  | $ | 72,641 |  |  | $ | 18,076 |  |  | $ | 28 |  |  | $ | 64,010 |  |  | $ | 758 |
Net Loss Attributable to Genius Brands International, Inc. | $ | (44,617) |  |  | $ | (123,370) |  |  | $ | 1,011 |  |  | $ | (32) |  |  | $ | 2,542 |  |  | $ | 380 |
Net Loss per Share of Common Stock (Basic and Diluted) | $ | (1.42) |  |  | $ | (4.15) |  |  |  |  |  |  |  |  |
Weighted Average Shares Outstanding (Basic and Diluted) | 31,388,277 |  | 29,751,337 |  |  |  |  |  |  |  |
(1) The unaudited historical financial statements of Wow are not adjusted for conversion to U.S. GAAP from International Financial Reporting Standards, as the adjustments are immaterial to the periods presented.

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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