Attached files

file filename
8-K - FORM 8-K - FriendFinder Networks Inc.ffn20131112_8k.htm

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELAWARE

 

In re PMGI Holdings, Inc., et al.,

Case No. 13-12404

Debtors.

Reporting Period: 9/17- 9/30/2013

 

 

MONTHLY OPERATING REPORT

                      File with Court and submit copy to United States Trustee within 20 days after end of month

 

Submit copy of report to any official committee appointed in the case.

 

   

Document

Explanation

Affidavit/Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Attached

  Attached

Schedule of Cash Receipts and Disbursements

MOR-1

X

   

     Bank Reconciliation (or copies of debtor's bank reconciliations)

MOR-1a

X

   

     Schedule of Professional Fees Paid

MOR-1b

X

   

     Copies of bank statements

       

     Cash disbursements journals

       

Statement of Operations

MOR-2

X

   

Balance Sheet

MOR-3

X

   

Status of Postpetition Taxes

MOR-4

X

   

    Copies of IRS Form 6123 or payment receipt

       

    Copies of tax returns filed during reporting period

       

Summary of Unpaid Postpetition Debts

MOR-4

X

   

    Listing of aged accounts payable

MOR-4

X

   

Accounts Receivable Reconciliation and Aging

MOR-5

X

   

Debtor Questionnaire

MOR-5

X

   

 

 

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.

 

 

       
 Signature of Debtor     Date  
     
          
       
Signature of Joint Debtor     Date  
         
         

/s/ Ezra Shashoua

  11/8/2013  
Signature of Authorized Individual*     Date  
         
         
Ezra Shashoua   Chief Financial Officer  
Printed Name of Authorized Individual     Title of Authorized Individual  
         
         

 

 

*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

 

 

 
 

 

 

In re PMGI Holdings, Inc., et al.,      

Case No. 13-12404

Debtors

Reporting Period: 9/17- 9/30/2013

 

 

 

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH - ACTUAL" column must equal the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1) . Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON'T)]

 

    13-12439-CSS 13-12424-CSS 13-12434-CSS 13-12435-CSS 13-12406-CSS 13-12409-CSS 13-12413-CSS 13-12412-CSS 13-12415-CSS 13-12428-CSS 13-12411-CSS 13-12429-CSS 13-12405-CSS 13-12417-CSS 13-12418-CSS 13-12420-CSS 13-12422-CSS 13-12426-CSS 13-12427-CSS 13-12404-CSS 13-12436-CSS 13-12431-CSS 13-12410-CSS 13-12407-CSS 13-12419-CSS 13-12430-CSS 1312441-CSS         CURRENT MONTH   CUMULATIVE FILING TO DATE
  OPER. TOTAL Various Medley Streamray Streamray Studios Argus Confirm ID FF CA. Fierce Wombat FRNK PerfectMatch Fast Cupid Playtime Games FFN GMCI GME GMCI Internet INI PDMP PH IMAGES ACQ> PMGI HOLDINGS TAN DOOR PURE TELE DANNI ASHE Big Island Global Alpha PPM Tech West Coast PAYROLL TAX OTHER   ACTUAL PROJECTED   ACTUAL PROJECTED
CASH BEGINNING  OF MONTH 20,456,390 5,509,844 2,178,194 10,860,679 50,813 37,166 59,414 67,122 51,386 24,205 71,373 31,862 309,007 306,143 46,208 90,443 58,226 1,000 489,461 10,368 157,126 16,502 1,450 17,991 507 760 8,318 821         20,456,390        
                                                                           
RECEIPTS                                                                          
CASH  SALES 210,566 $147,770 $320 $431   $2,474   $11,621 $2,605 $489       0 27,963 3,754       11,875       1,264                 210,566        
ACCOUNTS RECEIVABLE 17,502,874 $6,494,931 $0 $2,188,333   $2,198 $2,271 $21,377             125,840 6,052 112,418 7,454,000 1,017,303 40,912   21,149   16,091             SEE (1) BELOW   17,502,874        
LOANS AND ADVANCES                                                                          
SALE  OF  ASSETS                                                                          
OTHER  (ATTACH  LIST) 216,867 $154,273 $21,394 $7,652       $598     $13,542     15,043 3,865         500                         216,867        
TRANSFERS  (FROM  DIP ACCTS)                                                                          
INTEREST                                                                          
    TOTAL  RECEIPTS 17,930,306 6,796,974 21,714 2,196,416 0 4,672 2,271 33,596 2,605 489 13,542 0 0 15,043 157,668 9,806 112,418 7,454,000 1,017,303 53,287 0 21,149   17,355                 17,930,306        
                                                                           
DISBURSEMENTS*                                                                          
NET PAYROLL 2,039,778 $714,117 $691,693 $385,870 $25,670 $24,148               189,099         9,181                           2,039,778        
PAYROLL TAXES 203,766 $158,788                       44,978                                     203,766        
SALES, USE, & OTHER TAXES                                                                          
INVENTORY PURCHASES                                                                          
SECURED/ RENTAL/ LEASES                                                                          
INSURANCE 132,154 $118,774 $10,887   $1,723 $770                                                     132,154        
ADMINISTRATIVE 2,499,201 $1,101,562 $1,046,632 $104,247       $42,225           17,372 60,555 8,076 17,139   97,841 5,611 (3,466) 596   812                 2,499,201        
SELLING 596,299 $0 $555,895 $40,404                                                         596,299        
OTHER  (ATTACH  LIST) 7,720,751 $0 $168,763 $97,405                           7,454,583                             7,720,751        
                                                                           
OWNER DRAW **                                                                          
TRANSFERS (TO DIP ACCTS)                                                                          
                                                                           
PROFESSIONAL FEES                                                                          
U.S. TRUSTEE  QUARTERLY FEES                                                                          
COURT COSTS                                                                          
TOTAL DISBURSEMENTS 13,191,950 2,093,241 2,473,870 627,926 27,393 24,918 0 42,225 0 0 0 0 0 251,450 60,555 8,076 17,139 7,454,583 107,022 5,611 (3,466) 596   812                 13,191,950        
                                                                           
NET CASH FLOW 4,738,357 4,703,734 (2,452,156) 1,568,490 (27,393) (20,246) 2,271 (8,630) 2,605 489 13,542 0 0 (236,407) 97,113 1,730 95,279 (583) 910,281 47,677 3,466 20,552   16,544                 4,738,357        
(RECEIPTS LESS DISBURSEMENTS)                                                                 0        
                                                                           
CASH - END OF MONTH 25,194,747 10,213,578 (273,962) 12,429,169 23,420 16,920 61,685 58,492 53,991 24,694 84,915 31,862 309,007 69,736 143,321 92,173 153,505 417 1,399,742 58,045 160,592 37,054 1,450 34,535 507 760 8,318 821         25,194,747        
                                                                           
                                                                           
                                                   THE FOLLOWING SECTION MUST BE COMPLETED                                                                          
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES:   (FROM CURRENT MONTH  ACTUAL COLUMN)                                                              
TOTAL DISBURSEMENTS 13,191,950 2,093,241 2,473,870 627,926 27,393 24,918 0 42,225 0 0 0 0 0 251,450 60,555 8,076 17,139 7,454,583 107,022 5,611 (3,466) 596   812                 13,191,950        
    LESS:  TRANSFERS TO DEBTOR IN POSSESSION  ACCOUNTS                                                                          
    LESS:  WITHDRAWAL FROM ESCROW ACCOUNT                                                                          
    PLUS:   ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES  (i.e. from escrow accounts)                                                                          
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES 13,191,950 2,093,241 2,473,870 627,926 27,393 24,918 0 42,225 0 0 0 0 0 251,450 60,555 8,076 17,139 7,454,583 107,022 5,611 (3,466) 596   812                 13,191,950        
                                                                           

 

(1) Includes Inactive companies:

 

13-12408-CSS

Blue Hen Group

13-12414-CSS

FriendFinder Ventures

13-12416-CSS

General Media Art Holding

13-12421-CSS

GMI On-Line Ventures

13-12423-CSS

Magnolia Blossum Inc.

13-12425-CSS

Naft News Corp.

13-12432-CSS

Sharkfish Inc

13-12433-CSS

Snapshot Productions LLC

13-12437-CSS

Traffic Cat Inc

13-12438-CSS

Transbloom Inc

13-12440-CSS

Video Bliss Inc

13-12442-CSS

XVHUB Group Inc

 

 

 

 
 

 

 

In re PMGI Holdings, Inc., et al.,      

 

Case No. 13-12404

 

Debtors

Reporting Period: 9/17- 9/30/2013

 

 

 

 

CASH RECEIPTS AND DISBURSEMENTS - Attachment

 

 

         

Cumulative

   

Month

 

Filing To - Date

Receipts - Other

         
           

Operating Account

         
           

Various GAIN ON FOREIGN CURRENCY WELLS FARGO EUR

    81,202    

Various FOREX Adjustment WFB GBP 03829

    54,615    

PerfectMatch Mantis Technology Group WFB CHECKING

    13,542    

Medley Bank Transaction Entry PAYONEER

    12,099    

Various Cash SQUIR001

    10,418    

Streamray Nevada Bank Transaction Entry WFB CK 2029

    5,239    

Medley Refund for Brand Reach, LLC BRAND002

    4,829    

Various Cash JAMES001

    2,823    

Streamray Nevada Bank Transaction Entry PAXUM

    2,376    

Various Returned ACH BALAB001

    1,960    

Medley WIRE-RTN - g1246372 WELLS FARGO

    1,048    

Various Cash SIRAN001

    990    

Various Cash CHI-A001

    812    

Medley Cash BENJA000455

    782    

FF CA Google Inc. WELLS FARGO

    589    

Medley Cash MDHAS000017

    583    

Medley Cash JOHNM000446

    495    

Medley Cash RONLE000008

    257    

Various Cash EZRAS001

    250    

Various Cash JOSHG001

    242    

Medley Cash INTER000686

    225    

Medley Cash AIDAZ000002

    225    

Various Cash VOLUM001

    200    

Various Cash MERSERLTD

    179    

Various Cash MERSERLTD

    160    

Various Cash ACCLA001

    145    

Medley Cash ZHANG000401

    135    

Medley Cash RONLE000008

    114    

Medley Cash DAVID002522

    110    

Medley Cash ZZZZZ182544

    100    

Medley Cash TIMMY000017

    93    

Medley Cash SILVE000096

    69    

Medley Cash SANDR000619

    60    

Various Cash STACE001

    56    

Medley Cash SJOHN000013

    56    

Medley Cash ZZZZZ176278

    56    

Medley Cash JAYAM000013

    55    

Various Sept 23 to Sept 27, 2013 WELLS FARGO

    54    

Various Cash DAVID022

    44    

Various 9/16/13-9/20/13 WELLS FARGO

    44    

Various Cash PEGGY001

    38    

Various Bank Transaction Entry WELLS FARGO

    22    

Streamray Nevada State of Nevada WELLS FARGO

    20    

Various Cash MERSERLTD

    20    

Streamray Nevada Bank Transaction Entry WFB CK 2029

    17    

FF CA Bank Transaction Entry PAYPAL

    9    

Medley Stagecoach Sweep Interest WELLS FARGO

    1    

Medley Stagecoach Sweep Interest WELLS FARGO

    1    

Medley Stagecoach Sweep Interest WELLS FARGO

    1    

Miscellaneous cash receipts

    19,410    
           
      216,867    

 

Disbursements - Other

         
           

Operating Account

         
           

Streamray Nevada Interest payment

    7,454,583    

Medley Bank Transaction Entry WELLS FARGO

    168,472    

Streamray Nevada Bank Transaction Entry WFB CK 2029

    96,822    

Medley Bank Transaction Entry WELLS FARGO

    291    

Miscellaneous expense

    583    
           
      7,720,751    

 

 

 

 

 
 

 

 

 

In re PMGI Holdings, Inc., et al.,      

Case No. 13-12404

                                   Debtors

Reporting Period: 9/17- 9/30/2013

 

 

 

 

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

A bank reconciliation must be included for each bank account. The debtor's bank reconciliation may be substituted for this page.

 

   

Operating

Payroll

Tax

Other

   

#

 

#

 

#

 

#

 

BALANCE PER BOOKS

                 
                   

BANK BALANCE

                 

(+) DEPOSITS IN TRANSIT (ATTACH LIST)

                 

(-) OUTSTANDING CHECKS (ATTACH LIST)

 

         We attest that all Bank Reconciliations have been completed

 

OTHER (ATTACH EXPLANATION)

   

 and are available upon request.

     

ADJUSTED BANK BALANCE *

                 

* Adjusted bank balance must equal

                 

   balance per books

                 
                   

DEPOSITS IN TRANSIT

 

Date

Amount

Date

Amount

Date

Amount

Date

Amount

                   
                   
                   
                   
                   
                   
                   

CHECKS OUTSTANDING

 

Ck. #

Amount

Ch. #

Amount

Ck. #

Amount

Ck. #

Amount

                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   

OTHER

                 

 

 

 

 
 

 

 

In re PMGI Holdings, Inc., et al.,      

Case No. 13-12404

                                     Debtors

Reporting Period: 9/17- 9/30/2013

 

 

 

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month

 

   

Amount

Approved

 

Check

Amount Paid

Inception-To-Date

Payee

Period Covered

Payor

Number

Date

Fees

Expenses

Fees

Expenses

                   
                   
                   
     

NONE

           
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   

 

 

 

 
 

 

 

Case Number   13-12405-CSS 13-12417-CSS 13-12418-CSS 13-12426-CSS 13-12431-CSS 13-12427-CSS 13-12420-CSS 13-12410-CSS 13-12436-CSS 13-12422-CSS 13-12439-CSS 1312434-CSS 13-12406-CSS 13-12413-CSS 13-12428-CSS 13-12411-CSS 13-12435-CSS 13-12429-CSS 13-12409-CSS 13-12415-CSS 13-12424-CSS 13-12412-CSS 13-1247-CSS   13-12416-CSS 13-12419-CSS 13-12425-CSS 13-12404-CSS 13-12430-CSS 13-12432-CSS 13-12437-CSS 13-12438-CSS 13-12441-CSS    
  FriendFinder Networks Inc. FriendFinder General Media General Media Penthouse Digital Pure Entertainment Penthouse Images GMCI Internet Danni Tan Door Interactive Various Streamray Argus Friend Finde PerfectMatch Fastcupid Streamray Playtime Confirm FRNK Technology Medley Fierce Big Island West General Media Global NAFT PMGI PPM Tech Shark Fish Traffic   West Coast OTHER Consolidated
  September 17-30, 2013 Networks Communications Inc. Entertainment Media Productions Inc. Telecommunications Acquisitions Operations Ashe Media Inc. Network Inc. Inc. Inc Payment Inc California, Inc.   Inc Studios, Inc. Games ID, Inc Group, Inc Inc Wombat Inc Elim CA Art Holding Alphabet News Corp Holdings Group Inc Cat Inc Transbloom Facilities SEE (1) BELOW TOTAL
                                                                         
REVENUE                                                                        
  Online Revenue                                                                      
$8,516,335 Online Revenue             $95,102 $12,663 $4,937   $5,599,134 $2,668,104   $108,233 $20,989 $2,333   $149   $1,750       $2,940                     $8,516,335
$201 Online Ad Revenue - Media Sales                                           $201                         $201
$625,738 CAMS Revenue - Recurring                     $45,386 $580,353                                             $625,738
    $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$16,995 Revenue - Gateway Services                         $16,995                                           $16,995
$220 Revenue - Payment Services Commissions                         $220                                           $220
$1,595 Revenue - Hosting Services                     $1,595                                               $1,595
$5,881 Revenue - Other                             $5,881                                       $5,881
    $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
($492,761) Credits / Refunds             ($43)   ($63)   ($440,157) ($36,665)   ($7,853) ($7,261) ($711)       ($8)                             ($492,761)
    $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
($75,707) Chargebacks   ($127)         ($1,281) $35 ($9)   ($60,905) ($10,674)   ($2,013) ($609) ($107)       ($17)                             ($75,707)
    $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
($209,238) VAT - Collected             ($2,739) ($231) ($42)   ($141,875) ($62,146)   ($2,048) ($114)         ($45)                             ($209,238)
$201,601 Online Deferred Revenue - Recognized             $10,046   ($33)   $180,966 ($2,818)   $11,651 $1,177 $692       ($81)                             $201,601
$279 Other Income Historical                       $9                 $270                           $279
$8,591,139 Total Online Revenue   ($127)         $101,086 $12,467 $4,791   $5,184,143 $3,136,163 $17,215 $107,970 $20,063 $2,207   $149   $1,600 $270 $201   $2,940                     $8,591,139
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Affiliate Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$3,465 Affiliate Revenue                     $86     $236             $3,143                           $3,465
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 ENTERTAINMENT REVENUE $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Publishing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$178,540 Publishing Revenue - Newstand   $178,540                                                                 $178,540
$55,595 Publishing Revenue - Subscription   $55,595                                                                 $55,595
$11,261 Publishing Revenue - Advertising   $11,120                 $141                                               $11,261
$4,446 Publishing Revenue - Other   $3,413     $1,033                                                           $4,446
$249,841 Total Publishing   $248,667     $1,033           $141                                               $249,841
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Broadcast Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$240,780 Euro Satellite Revenue     $240,780                                                               $240,780
$27,813 Euro VOD Revenue     $27,813                                                               $27,813
$94,628 Other Broadcast Contract Revenue     $94,628                                                               $94,628
$363,221 Total Broadcast Revenue     $363,221                                                               $363,221
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Licensing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$29,654 Licensing Revenue           $28,164 $1,024 $467                                                     $29,654
$43,152 Club Revenue           $43,152                                                         $43,152
$6,175 International Editions           $6,175                                                         $6,175
$78,981 Total Licensing           $77,490 $1,024 $467                                                     $78,981
$692,043 TOTAL ENTERTAINMENT REVENUE   $248,667 $363,221   $1,033 $77,490 $1,024 $467     $141                                               $692,043
    $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$9,286,648 TOTAL REVENUE   $248,541 $363,221   $1,033 $77,490 $102,110 $12,934 $4,791   $5,184,370 $3,136,162 $17,216 $108,205 $20,063 $2,207   $149   $1,600 $3,414 $201   $2,940                     $9,286,648
    $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
COST OF GOODS SOLD $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
  Online COGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$965,602 COGS - Studio / Models                       $965,602                                             $965,602
$3,683 COGS - Online Reseller Commission                         $3,683                                           $3,683
$8,388 COGS - Online Other   $536         $7,287                           $565                           $8,388
$977,674 Total Online COGS   $536         $7,287         $965,602 $3,683               $565                           $977,674
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Affiliate COGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$597,375 Affiliate Expense - Revenue Share             $4,306 $160 $119   $488,307 $95,388   $8,672   $397   $0   $25                             $597,375
$655,732 Affiliate Expense - Pay per Order             $3,700 $4 $228   $481,927 $166,937   $2,598   $336                                     $655,732
$276,956 Affiliate Expense - Cost per Acquisition             $227 $6 $16   $262,637 $2,749   $11,211 $27 $42   $40                                 $276,956
$9,979 Affiliate Expense - Other                     $622 $156           $9,054     $147                           $9,979
$1,540,042 Total Affiliate COGS             $8,233 $171 $364   $1,233,493 $265,230   $22,481 $27 $775   $9,095   $25 $147                           $1,540,042
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 ENTERTAINMENT COGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Publishing COGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$97,856 COGS - Publishing - Paper / Binding   $97,856                                                                 $97,856
$31,911 COGS - Publishing - Editorial & Art Content    $31,911                                                                 $31,911
$45,080 COGS - Publishing - Distribution   $45,080                                                                 $45,080
$174,847 Total Publishing COGS   $174,847                                                                 $174,847
$0   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$0 Broadcast COGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0   $0
$11,875 COGS - Satellite - Technical Conversion Cost     $11,875                                                               $11,875
$60,058 COGS - Satellite - Uplink     $60,058                                                               $60,058
$31,866 COGS - Satellite - Space Expense     $31,866                                                               $31,866
$43,381 COGS - Third Party Commission     $43,056         $325                                                     $43,381
$13,867 COGS - Fulfillment       $13,867                                                             $13,867
$2,165 COGS - Image/Content Purchases                     $2,165                                               $2,165
$1,792 COGS - Voice & Text Services                     $1,792                                               $1,792
$2,445 COGS - Amortization Exp - Purchased Content     $2,445                                                               $2,445
$167,447 Total Broadcast COGS     $149,299 $13,867       $325     $3,956