Yes. Also notice the careful wording in the 10Q that states "film" library. In April DOS Appraisers estimated $80 MM in "audio" assets which has yet to be reported. I would think we'll see this in the next 10Q around mid-August.
From the 10Q:
NOTE 7. AUDIO AND FILM LIBRARY
An independent appraisal service has prepared a valuation on the Company’s film library. The library is composed of a large collection of videos, movies and TV shows. The appraisers considered multiple factors in determining fair market value of $23,206,942 and a net present value of $161,572,209. These factors used in the valuation process were as follows:
Cost - $18,275,150. Cost has been calculated by the appraiser and confirmed by an independent certified public accountant working with the appraiser. The film library inventory was adjusted accordingly resulting in a gain on the Statement of Operations.
