Monday, August 14, 2017 5:29:37 PM
https://www.sec.gov/Archives/edgar/data/1355848/000168316817002119/genius_10q-063017.htm
Revenue $196,132
Net loss $1,251,543
Edit
5,938,103 shares of common stock, par value $0.001, were outstanding as of August 11, 2017.
Edit
During the first quarter of 2017, the Company completed two key transactions that enhanced cash and working capital balances:
· On January 10, 2017, the Company entered into an amendment of its home entertainment distribution agreement with Sony Pictures Home Entertainment Inc. (“SPHE”) pursuant to which, among other things, SPHE paid $1,489,583 which was owed and payable by the Company to SPHE’s sister company Sony DADC US Inc. (“DADC”) for certain disk manufacturing and replication services. In connection with such transaction, the Company issued SPHE 301,231 shares of its Common Stock at $4.945 per share, SPHE’s exclusive territory for exercising its home entertainment distribution rights under the Distribution Agreement was extended from the United States and Canada to worldwide, and the amount of advances subject to recoupment by SPHE out of royalty payments that would otherwise be due to the Company under the Distribution Agreement was increased by the amount of the payment to DADC. In connection with the above issuance of our shares, the Company entered into a subscription agreement with SPHE, effective as of January 17, 2017. Collectively, these transactions are referred to as the “January 2017 Sony Transactions.”
· On February 9, 2017, the Company entered into a private transaction (the “Private Transaction”) pursuant to a Warrant Exercise Agreement (the “Agreement”) with certain holders of the Company’s existing warrants (the “Original Warrants”) for which it received gross proceeds of $3,866,573 from the exercise of the Original Warrants and issued additional warrants to these holders (see Notes 9 and 11 for additional information about the Private Transaction)
Recent GNUS News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/21/2024 04:20:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/20/2024 10:11:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/20/2024 10:04:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 06:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 12:34:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 12:27:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/19/2024 09:29:58 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 04/19/2024 09:29:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/16/2024 05:00:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/16/2024 01:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/11/2024 09:15:56 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 04/10/2024 08:10:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/09/2024 07:35:12 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 04/09/2024 12:05:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/09/2024 12:00:57 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 04/05/2024 09:15:03 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 04/01/2024 09:02:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/23/2024 01:27:15 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/23/2024 01:24:31 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/23/2024 01:23:08 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/13/2024 10:28:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 08:34:17 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 01/19/2024 09:30:21 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/19/2024 05:15:24 AM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/12/2024 09:50:35 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM