View Filing Data

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Sep. 30, 2017	Nov. 03, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q3
Entity Registrant Name	Chicken Soup for the Soul Entertainment, Inc.
Entity Central Index Key	0001679063
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	CSSE
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,532,133
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,071,955

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 10,076,573	$ 507,247
Accounts receivable, net	1,180,173	151,417
Prepaid expenses	1,410,357	216,397
Intangible asset - video content license	5,000,000	5,000,000
Prepaid distribution fees	2,062,852	592,786
Due from affiliated companies	5,043,973	1,372,517
Programming costs, net	8,599,082	3,977,553
Total assets	33,373,010	11,817,917
LIABILITIES AND STOCKHOLDERS' EQUITY
Senior secured notes payable, net of unamortized debt discount of $0 and $318,992, respectively, and unamortized deferred financing costs of $0 and $40,902, respectively	0	2,610,106
Senior secured notes payable under revolving line of credit to related party, net of unamortized debt discount of $0 and $160,667, respectively, and unamortized deferred financing costs of $0 and $2,845, respectively	0	3,316,488
Accounts payable and accrued expenses	566,883	694,368
Income taxes payable	99,000	0
Accrued programming costs	1,562,520	1,061,980
Deferred tax liability, net	201,000	439,000
Deferred revenue	1,052,500	71,429
Total liabilities	3,481,903	8,193,371
Commitments and contingencies
Stockholders' equity
Preferred stock, $.0001 par value, 10,000,000 shares authorized; none issued or outstanding	0	0
Additional paid-in capital	31,696,017	4,074,646
Accumulated deficit	(1,806,067)	(450,996)
Total stockholders' equity	29,891,107	3,624,546
Total liabilities and stockholders' equity	33,373,010	11,817,917
Common Class A [Member]
Stockholders' equity
Common Stock, Value, Issued	350	89
Common Class B [Member]
Stockholders' equity
Common Stock, Value, Issued	$ 807	$ 807

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Senior Notes [Member]
Debt Instrument, Unamortized Discount	$ 0	$ 318,992
Deferred Costs	0	40,902
Line of Credit [Member]
Debt Instrument, Unamortized Discount	0	160,667
Deferred Costs	$ 0	$ 2,845
Common Class A [Member]
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	70,000,000	70,000,000
Common Stock, Shares, Issued	3,497,133	893,369
Common Stock, Shares, Outstanding	3,497,133	893,369
Common Class B [Member]
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	20,000,000	20,000,000
Common Stock, Shares, Issued	8,071,955	8,071,955
Common Stock, Shares, Outstanding	8,071,955	8,071,955

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenue:
Revenue	$ 48,466	$ 136,364	$ 2,258,281	$ 2,404,546
Cost of revenue	0	61,500	794,923	1,088,727
Gross profit	48,466	74,864	1,463,358	1,315,819
Operating expenses:
Selling, general and administrative (including $182,581 and $1,436,293 of non-cash share-based compensation expense for the three months ended September 30, 2017 and 2016, respectively, and $474,772 and $1,513,311 of non-cash share-based compensation expense for the nine months ended September 30, 2017 and 2016, respectively)	690,676	1,793,963	1,505,589	2,214,036
Management and license fees	4,846	13,636	225,828	240,454
Total operating expenses	695,522	1,807,599	1,731,417	2,454,490
Operating loss	(647,056)	(1,732,735)	(268,059)	(1,138,671)
Interest income	2,559	4	2,568	11
Interest expense	(124,142)	(210,816)	(1,176,580)	(256,395)
Loss before income taxes	(768,639)	(1,943,547)	(1,442,071)	(1,395,055)
Benefit from income taxes	(246,000)	(857,000)	(87,000)	(587,000)
Net loss	$ (522,639)	$ (1,086,547)	$ (1,355,071)	$ (808,055)
Net loss per common share:
Basic net loss per common share	$ (0.05)	$ (0.12)	$ (0.14)	$ (0.09)
Diluted net loss per common share	$ (0.05)	$ (0.12)	$ (0.14)	$ (0.09)
Weighted average basic shares outstanding	10,411,142	8,869,658	9,549,413	8,796,847
Weighted average diluted shares outstanding	10,411,142	8,869,658	9,549,413	8,796,847
Television [Member]
Revenue:
Revenue	$ 0	$ 136,364	$ 1,859,536	$ 2,204,546
Online [Member]
Revenue:
Revenue	$ 48,466	$ 0	$ 398,745	$ 200,000

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Allocated Share-based Compensation Expense	$ 182,581	$ 1,436,293	$ 474,772	$ 1,513,311

Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from Operating Activities:
Net loss	$ (1,355,071)	$ (808,055)
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation	474,772	1,513,311
Amortization of programming costs	794,923	1,088,727
Amortization of deferred financing costs	43,747	19,883
Amortization of debt discount	865,833	173,276
Loss on debt extinguishment	24,803	0
Deferred income taxes	(238,000)	(587,000)
Changes in operating assets and liabilities:
Trade accounts receivable	(1,028,755)	(799,540)
Prepaid expenses and other current assets	(1,193,960)	(172,504)
Programming costs	(4,294,511)	(4,087,536)
Prepaid distribution fees	(1,470,066)	0
Accounts payable and accrued expenses	(297,948)	272,836
Income taxes payable	99,000	0
Deferred revenues	981,072	2,521,510
Net cash used in operating activities	(6,594,161)	(865,092)
Cash flows from Investing Activities:
Purchase of video content license from affiliate	0	(5,000,000)
Net cash used in investing activities	0	(5,000,000)
Cash flows from Financing Activities:
Proceeds from revolving credit facility	3,325,000	3,850,000
Repayments of revolving credit facility	(6,805,000)	(1,050,000)
Payment of deferred financing cost	0	(6,400)
Due from affiliated companies	(3,671,456)	802,699
Proceeds from notes payable	2,030,000	2,480,000
Repayments of notes payable	(4,082,000)	0
Proceeds from issuance of common stock in IPO, net	23,953,543	0
Proceeds from issuance of common stock in private placements	1,413,400	900,760
Net cash provided by financing activities	16,163,487	6,977,059
Net increase in cash and cash equivalents	9,569,326	1,111,967
Cash and cash equivalents at beginning of period	507,247	4,078
Cash and cash equivalents at end of the period	10,076,573	1,116,045
Supplemental data:
Interest paid	289,634	45,306
Income taxes paid	52,000	0
Non-cash operating activity
Fair value of shares issued to executive producer	625,500	0
Non-cash financing activities
Fair value of warrants issued with revolving credit facility and term notes	415,476	720,266
Fair value of shares issued for Trema rights	0	792,000
Conversion of senior secured notes payable to Class A common stock	$ 918,000	$ 0

The Company, Description of Business, Initial Public Offering and Acquisition

9 Months Ended

Sep. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Note 1 – The Company, Description of Business, Initial Public Offering and Acquisition

Chicken Soup for the Soul Entertainment, Inc. (the “Company”) is a Delaware corporation formed on May 4, 2016. CSS Productions, LLC (“CSS Productions”), the Company’s predecessor and immediate parent company, was formed in December 2014 by Chicken Soup for the Soul, LLC (“CSS”), a publishing and consumer products company, and initiated operations in January 2015. The Company was formed to create a discrete entity focused on video content opportunities using the Chicken Soup for the Soul brand (the “Brand”). The Brand is owned and licensed to the Company by CSS. Chicken Soup for the Soul Holdings, LLC (“CSS Holdings”), is the parent company of CSS and the Company’s ultimate parent company.

The Company creates and distributes video content under the Brand. The Company has an exclusive, perpetual and worldwide license from CSS to create and distribute video content under the Brand.

In May 2016, pursuant to the terms of the contribution agreement among CSS, CSS Productions and the Company (the “CSS Contribution Agreement”), all video content assets (the “Subject Assets”) owned by CSS, CSS Productions and their CSS subsidiaries were transferred to the Company in consideration for its issuance to CSS Productions of 8,600,568 shares of the Company’s Class B common stock. Since the date of the CSS Contribution Agreement, CSS Productions has transferred certain of these shares of Class B common stock to third parties in certain transactions. Concurrently with the consummation of the CSS Contribution Agreement, certain rights to receive payments under certain agreements comprising part of the Subject Assets owned by Trema, LLC (“Trema”), a company principally owned and controlled by William J. Rouhana, Jr., the Company’s chairman and chief executive officer, were assigned to the Company under a contribution agreement (the “Trema Contribution Agreement”) in consideration for the Company’s issuance to Trema of 159,432 shares or our Class B common stock.

Thereafter, CSS Productions’ operating activities substantially ceased and the Company continued the business operations of producing and distributing the video content.

The Company is an “emerging growth company,” as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until such time as those standards apply to private companies. The Company has irrevocably elected to avail itself of this exemption from new or revised accounting standards, and, therefore, will not be subject to the same new or revised accounting standards as public companies that are not emerging growth companies.

The Company operates in one reportable segment, the production and distribution of video content, and currently operates solely in the United States. The Company has entered into a distribution agreement with a company located in the United States that provides for the distribution of an episodic television series in Europe. The Company intends to do business internationally.

Initial Public Offering of Class A Common Stock

On August 17, 2017, the Company completed its Initial Public Offering (“IPO”) of $30.0 million consisting of 2,500,000 shares of Class A common stock (“Class A Shares”) at an offering price of $12.00 per share. The Class A Shares offered and sold in the IPO were comprised of (a) an aggregate of 2,241,983 newly issued Class A Shares and (b) an aggregate of 258,017 issued and outstanding Class A Shares that were sold by certain non-management, non-affiliated existing stockholders (“Selling Stockholder Shares”). The Company did not receive any of the proceeds from the sale of Selling Stockholder Shares.

In connection with the consummation of the IPO, the Class A Shares were approved for listing on the Nasdaq Global Market under the symbol “CSSE”.

The IPO resulted in gross cash proceeds to the Company of approximately $26.9 million and $24.0 million of net cash proceeds, after deducting cash selling agent discounts, commissions and offering expenses. The net proceeds were used to fully repay $4.1 million of senior secured notes payable and $4.5 million of senior secured notes payable under the revolving line of credit (see Note 9). The remaining proceeds will be used for general corporate purposes including working capital, acquisition of video content and strategic transactions.

Acquisition of Screen Media

As described more fully in Note 14, on November 3, 2017, the Company acquired all of the membership interests of Screen Media Ventures, LLC (“Screen Media”) for approximately $4.9 million in cash and the issuance of 35,000 shares of the Company’s Class A common stock and Class Z warrants of the Company exercisable into 50,000 shares of the Company’s Class A common stock at $12 per share. Screen Media operates Popcornflix®, one of the largest advertiser-supported direct-to-consumer online video services (“AVOD”) and distributes television series and films worldwide.

Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2017

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

Note 2 – Summary of Significant Accounting Policies

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this quarterly report on Form 10-Q should be read in conjunction with the audited consolidated financial statements and accompanying notes included in the Company’s report on Form 1-A POS for the year ended December 31, 2016.

The condensed consolidated balance sheet as of December 31, 2016 included herein was derived from the audited financial statements as of that date, but does not include all disclosures, including notes, required by GAAP.

The unaudited condensed consolidated interim financial statements include the accounts of the Company and its wholly-owned subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation.

In the opinion of management, the accompanying unaudited interim condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial position of the Company at September 30, 2017, and the results of its operations for the three month and nine month periods ended September 30, 2017 and 2016. The results of operations of any interim period are not necessarily indicative of the results of operations to be expected for the full fiscal year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in the Company’s report on Form 1-A POS for the years ended December 31, 2016 and 2015.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reporting periods. The Company’s significant estimates include those related to revenue recognition, accounts receivable allowances, intangible assets, share-based compensation expense, income taxes and amortization of programming costs. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and cash equivalents include highly liquid investments with original maturities of three months or less and consist primarily of money market funds. Such investments are stated at cost, which approximates fair value.

Fair Value

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measurements, a three-tier fair value hierarchy, which prioritizes the inputs used in the valuation methodologies, is as follows:

Level 1—Valuations based on quoted prices for identical assets and liabilities in active markets.

Level 2—Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.

Level 3—Valuations based on unobservable inputs reflecting our own assumptions. These valuations require significant judgment and estimates.

At September 30, 2017 and December 31, 2016, the fair value of the Company’s financial instruments including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses and accrued programming costs, approximated their carrying value due to the short-term nature of these instruments.

Accounts Receivable

Accounts receivable are stated at the amounts management expects to collect. An allowance for doubtful accounts is recorded based on a combination of historical experience, aging analysis and information on specific accounts. Account balances are written off against the allowance after all means of collections have been exhausted and the potential for recovery is considered remote. Accounts are considered past due or delinquent based on contractual terms and how recently payments have been received. At September 30, 2017 and December 31, 2016, an allowance for uncollectible accounts was not considered necessary.

Programming Costs

Programming costs include the unamortized costs of completed, in-process, or in-development long-form and short-form video content. For video content, the Company’s capitalized costs include all direct production and financing costs, capitalized interest when applicable, and production overhead.

The costs of producing video content are amortized using the individual-film-forecast method. These costs are amortized in the proportion that current period’s revenue bears to management’s estimate of ultimate revenue expected to be recognized from each production.

For an episodic television series, the period over which ultimate revenue is estimated cannot exceed ten years following the date of delivery of the first episode, or, if still in production, five years from the date of delivery of the most recent episode, if later.

Programming costs are stated at the lower of amortized cost or estimated fair value. The valuation of programming costs is reviewed on a title-by-title basis, when an event or change in circumstances indicates that the fair value may be less than its unamortized cost and the valuation is based on a discounted cash flows (“DCF”) methodology with assumptions for cash flows. Key inputs employed in the DCF methodology include estimates of a program’s ultimate revenue and costs as well as a discount rate. The discount rate utilized in the DCF is based on the weighted average cost of capital of the Company plus a risk premium representing the risk associated with producing a particular program. The Company performs an annual impairment analysis for unamortized programming costs. An impairment charge is recorded in the amount by which the unamortized costs exceed the estimated fair value. Estimates of future revenue involve measurement uncertainties and it is therefore possible that reductions in the carrying value of programming costs may be required as a consequence of changes in management’s future revenue estimates.

Included in cost of revenue in the condensed consolidated statements of operations for the three months ended September 30, 2017 and 2016 is amortization of programming costs totaling $0 and $61,500, respectively, and for the nine months ended September 30, 2017 and 2016 is amortization of programming costs totaling $794,923 and $1,088,727, respectively. There was no impairment charge recorded in the three and nine month periods ended September 30, 2017 and 2016.

Income Taxes

The Company was formed on May 4, 2016 as a Sub-Chapter C corporation for federal and state tax purposes. As such, the Company filed its first tax return for the year ended December 31, 2016. CSS Productions has elected to be treated as a partnership for federal and state income tax purposes and, accordingly, no provision is made for income taxes for the taxable income included in the Company’s condensed consolidated results of operations. CSS Productions has not been audited by the taxing authorities since its formation. If taxable income is adjusted as a result of an audit, then CSS Productions may be required to make distributions to satisfy its members’ tax obligations. Any such distributions would not be made from, or be the responsibility of, the Company.

The Company records income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred taxes are also recognized for operating losses that are available to offset future taxable income. A valuation allowance is established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

The Company accounts for uncertain tax positions in accordance with the authoritative guidance issued by the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 740: Income Taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return, should be recorded in the financial statements. Pursuant to the authoritative guidance, the Company may recognize the tax benefit from an uncertain tax position only if it meets the “more likely than not” threshold that the position will be sustained on examination by the taxing authority, based on the technical merits of the position or expiration of statutes. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. In addition, the authoritative guidance addresses de-recognition, classification, interest and penalties on income taxes, accounting in interim periods, and also requires increased disclosures.

The Company includes interest and penalties related to its uncertain tax positions as part of income tax expense within its condensed consolidated statements of operations. At September 30, 2017 and December 31, 2016, the Company did not have any unrecognized tax benefits or liabilities. See Note 11 for additional information.

Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. If the sum of the expected future cash flows, undiscounted and without interest, is less than the carrying amount of the asset, an impairment loss is recognized as the amount by which the carrying amount of the asset exceeds its fair value.

Revenue Recognition

The Company recognizes revenue from the production and distribution of television programs and short-form video content in accordance with Accounting Standards Codification Topic 926: Entertainment – Films (“ASC 926”) as amended. Revenue is recognized when persuasive evidence of an arrangement exists, the fee is fixed and determinable, delivery has occurred, and collection of the resulting receivable is deemed probable. For episodic television programs, revenue is recognized as each episode becomes available for delivery or becomes available for broadcast, and for short-form online videos, revenue is recognized when the videos are posted to a website for viewing. Revenue from the distribution of short-form online media content is included in online revenue in the accompanying consolidated statements of operations.

Revenue generated under the distribution agreement with A Sharp, Inc., d/b/a A Plus (“A Plus”) is reported on a net basis as the Company earns a commission on the distribution of A Plus’ content (see Note 12).

Cash advances are recorded as deferred revenue until all the conditions of revenue recognition have been met.

Share-Based Payments

The Company accounts for share-based payments in accordance with ASC 718: Share-based compensation, which establishes the accounting for transactions in which an entity exchanges its equity instruments for goods or services. Under the provisions of the authoritative guidance, share-based compensation expense is measured at the grant date, based on the fair value of the award, and is recognized as an expense over the requisite service period, net of estimated forfeitures. Shares issued for services are based upon current selling prices of the Company’s Class A common stock or independent valuations.

The Company estimates the fair value of share-based instruments, options, etc., using the Black-Scholes option-pricing model. All share-based awards were fulfilled with new shares of Class A common stock.

Advertising Costs

Advertising costs are expensed as incurred. The Company did not incur any advertising costs in the three and nine month periods ended September 30, 2017 and 2016.

Earnings Per Share

Basic net earnings (loss) per common share is computed based on the weighted average number of shares of all classes of common stock outstanding. Diluted earnings per common share is computed based on the weighted average number of common shares outstanding increased, when applicable, by dilutive common stock equivalents, comprised of Class W warrants, Class Z warrants and stock options outstanding.

Basic and diluted net earnings or loss per common share assumes that Class B common stock of the Company issued pursuant to the Contribution Agreement and the resulting recapitalization of the Company is issued and outstanding as of January 1, 2016.

In computing the effect of dilutive common stock equivalents, the Company uses the treasury stock method to calculate the related incremental shares. In applying the treasury stock method, the Company used a share price of $12 per share based on the price of its Class A common stock in its IPO. Subsequent to the IPO, the actual share price was used. See Note 6.

Concentration of Credit Risk

The Company maintains cash balances at its bank. Accounts for each entity are insured by the Federal Deposit Insurance Corporation subject to certain limitations. At various times during the fiscal year, the Company’s cash in bank balances exceeded the federally insured limits. The uninsured balance at September 30, 2017 and December 31, 2016 was $9,576,544 and $5,600, respectively.

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash in bank, revenue and accounts receivable. Concentrations of credit risk with respect to accounts receivable and revenue are significant due to the small number of customers comprising the Company’s customer base.

For the nine months ended September 30, 2017, we had 3 customers, which accounted for 90% of our total revenue (the largest of which accounted for 73%). For the nine months ended September 30, 2017, the Company had 3 customers that accounted for 98% of accounts receivable (the largest of which accounted for 79%). As of December 31, 2016, the Company had one customer that accounted for all accounts receivable.

Recent Accounting Pronouncements

9 Months Ended

Sep. 30, 2017

Accounting Changes and Error Corrections [Abstract]

New Accounting Pronouncements and Changes in Accounting Principles [Text Block]

Note 3 – Recent Accounting Pronouncements

In May 2017, the FASB issued Accounting Standards Update (“ASU”) 2017-09, Compensation – Stock Compensation Topic 718: Scope of Modification Accounting, which clarifies when changes to the terms or conditions of a share-based payment award must be accounted for as a modification. ASU 2017-09 is intended to reduce diversity in practice and result in fewer changes to the terms of an award being accounted for as a modification. Under this guidance, an entity will not apply modification accounting to a share-based payment award if the award’s fair value, vesting conditions and balance sheet classification remain the same before and after the change. ASU 2017-09 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017 for all entities. Early adoption is permitted. The Company is evaluating the impact of this guidance on its consolidated financial statements and does not expect it to have a significant impact.

In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, which amends the guidance of FASB ASC Topic 805, Business Combinations (ASC 805) adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (disposals) of assets or businesses. The objective of ASU 2017-01 is to narrow the definition of what qualifies as a business under Topic 805 and to provide guidance for streamlining the analysis required to assess whether a transaction involves the acquisition (disposal) of a business. ASU 2017-01 provides a screen to assess when a set of assets and processes do not qualify as a business under Topic 805, reducing the number of transactions that need to be considered as possible business acquisitions. ASU 2017-01 also narrows the definition of output under Topic 805 to make it consistent with the description of outputs under Topic 606. The guidance of ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years and early adoption is permitted under certain circumstances. The Company is evaluating the impact of this guidance on its consolidated financial statements.

In August 2016, the FASB issued ASU 2016-15, which amended the guidance of FASB ASC Topic 230, Statement of Cash Flows (ASC 230) on the classification of certain cash receipts and payments. The primary purpose of ASU 2016-15 is to reduce the diversity in practice which has resulted from a lack of consistent principles on this topic. The amendments of ASU 2016-15 add or clarify guidance on eight specific cash flow issues, including debt prepayment or debt extinguishment costs, settlement of zero-coupon debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions, and separately identifiable cash flows and application of the predominance principle.

The guidance of ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is evaluating the impact of this guidance on its consolidated financial statements.

In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 removes inconsistencies and differences in existing revenue requirements between GAAP and International Financial Reporting Standards (“IFRS”) and requires a company to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. Once effective, ASU 2014-09 can be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initial adoption recognized at the date of initial application.

In March 2016, the FASB issued ASU 2016-08, “Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net)” (“ASU 2016-08”). The amendments in ASU 2016-08 clarify the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing” (“ASU 2016-10”). The amendments in ASU 2016-10 clarify aspects relating to the identification of performance obligations and improve the operability and understandability of the licensing implementation guidance.

In May 2016, the FASB issued ASU 2016-12, “Update 2016-12—Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”). In December 2016, the FASB issued ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers (“ASU 2016-20). The amendments in ASU 2016-12 address certain issues identified on assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition.

The effective date for all ASUs with respect to Topic 606 noted above for public companies is annual and interim reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact these ASUs will have on its consolidated financial statements.

In January 2016, the FASB issued ASU 2016-01, “Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). The amendments in ASU 2016-01 address certain aspects of recognition, measurement, presentation and disclosure of financial instruments. ASU 2016-01 is effective for the Company for annual and interim reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact ASU 2016-01 will have on its consolidated financial statements.

In February 2016, the FASB issued ASU 2016-02, “Leases” (Topic 842) (“ASU 2016-02”). The amendments in ASU 2016-02 address certain aspects in lease accounting, with the most significant impact for lessees. The amendments in ASU 2016-02 require lessees to recognize all leases on the balance sheet by recording a right-of-use asset and a lease liability, and lessor accounting has been updated to align with the new requirements for lessees. The new standard also provides changes to the existing sale-leaseback guidance. ASU 2016-02 is effective for the Company for annual and interim reporting periods beginning after December 15, 2019. The Company is currently evaluating the impact ASU 2016-02 will have on its consolidated financial statements.

In March 2016, the FASB issued ASU 2016-09, “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). The amendments in ASU 2016-09 address several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for the Company for annual and interim reporting periods beginning after December 15, 2017. The Company does not anticipate any material impact of ASU 2016-09 on its consolidated financial statements.

Episodic Television Programs

9 Months Ended

Sep. 30, 2017

Contractors [Abstract]

Long-term Contracts or Programs Disclosure [Text Block]

Note 4 – Episodic Television Programs

(a) In September 2014, CSS and a charitable foundation (the “Foundation”), on whose advisory board the Company’s chief executive officer sits, entered into an agreement under which the Foundation agreed to sponsor a Saturday morning family television show, Chicken Soup for the Soul’s Hidden Heroes (“Hidden Heroes”), a half-hour hidden-camera family friendly show that premiered on the CBS Television Network (“CBS”). The Foundation is a not-for-profit charity that promotes tolerance, compassion and respect.

The Foundation has funded two seasons of the show that aired on CBS and has agreed to fund Hidden Heroes for a third season.

(b) In September 2015, CSS Productions received corporate sponsorship funding from a company (the “Sponsor”), to develop the Company’s second episodic television series entitled Project Dad, a Chicken Soup for the Soul Original (“Project Dad”). Project Dad presents three busy celebrity dads as they put their careers on the “sidelines” and get to know their children like never before.

The Project Dad slate was comprised of eight, one-hour episodes that aired weekly on Discovery Communications, LLC’s Discovery Life network in November and December 2016. In addition, in January 2017, Project Dad began airing on Discovery Communications, LLC’s TLC network. The Sponsor has agreed to fund a new parenting series.

In accordance with ASC 926 as amended, the Company has recognized revenue for the Hidden Heroes and Project Dad series as the episodes became available for delivery and broadcast.

(c) On June 20, 2017, the Company entered into an agreement with HomeAway.com to receive corporate sponsorship funding for an episodic television series entitled Vacation Rental Potential. This series will give viewers the information and inspiration needed to realize their dreams of using real estate entrepreneurship to obtain financial success.

Share-Based Compensation

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 5 – Share-Based Compensation

Effective January 1, 2017, the Company adopted the 2017 Long Term Incentive Plan (the “Plan”) to attract and retain certain employees. The Plan provides for the issuance of up to one million common stock equivalents subject to the terms and conditions of the Plan. The Plan generally provides for quarterly and bi-annual vesting over terms ranging from two to three years. The Company accounts for the Plan as an equity plan.

The Company recognized these stock options at fair value determined by applying the Black Scholes options pricing model to the grant date market value of the underlying common shares of the Company. The compensation expense associated with these stock options is amortized on a straight-line basis over their respective vesting periods. For the three and nine months ended September 30, 2017, respectively, the Company recognized $142,043 and $394,238 of non-cash share-based compensation expense in selling, general and administrative expense in the condensed consolidated statements of operations. As of September 30, 2017, the Company had unrecognized pre-tax compensation expense of $1,099,692 related to non-vested stock options under the Plan. There were 145,001 stock options vested at September 30, 2017.

Stock options activity as of September 30, 2017 is as follows:

	As of September 30, 2017

	Number of Stock Options		Weighted Average Grant Date Fair Value

Total outstanding at the beginning of the period		-	$	-
Options granted		515,000		2.90
Options exercised		-		-
Actual options forfeited		-		-
Options expired		-		-

Total outstanding at the end of the period		515,000	$	2.90

Assumptions used in calculating the fair value of the stock options granted during 2017 are summarized below:

	Weighted Average as of September 30, 2017
Valuation assumptions:

Expected dividend yield		0%
Expected equity volatility		57%
Expected term (years)		2 - 3
Risk-free interest rate		1.73% - 1.94%
Exercise price per stock option	$	6.50 - 9.74
Market price per share	$	5.78 - 9.74
Weighted average fair value per stock option	$	2.90

The Company also awards common stock grants to directors and non-employee executive producers that provide services to the Company.

For the three months ended September 30, 2017 and 2016, the Company recognized in selling, general and administrative expense, non-cash share-based compensation expense of $40,539 and $1,436,293, respectively and for the nine months ended September 30, 2017 and 2016, the Company recognized non-cash share-based compensation expense of $80,534 and $1,513,311 respectively. Included in non-cash share-based compensation expense for the three and nine month periods ended September 30, 2016, is the fair value of share-based awards that were issued to a former officer of the Company. The fair value of the former officer’s shares was determined to be $1,436,294 based on an independent valuation.

Additionally, for the nine months ended September 30, 2017, the Company capitalized as programming costs, the fair value of Class A common stock and Class Z warrants totaling $625,500 issued to a non-employee executive producer of two television shows to be produced, based on an independent valuation of such shares and warrants. The programming costs will be amortized to cost of revenue as the television shows become available for delivery in accordance with Company accounting policy.

Earnings Per Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 6 – Earnings Per Share

A reconciliation of shares used in calculating basic and diluted per share data is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016

Basic weighted-average shares outstanding		10,411,412		8,869,658		9,549,413		8,796,847

Effect of dilutive securities:
Assumed issuance of shares from exercise of stock options (a)		-		-		-		-
Assumed issuance of shares from exercise of warrants (a)		-		-		-		-

Diluted weighted-average shares outstanding		10,411,412		8,869,658		9,549,413		8,796,847

(a) The additional shares from the exercise of stock options and warrants for the three and nine month periods ended September 30, 2017 and 2016 are anti-dilutive in nature, and as a result are excluded from the determination of diluted weighted-average shares outstanding.

Programming Costs

9 Months Ended

Sep. 30, 2017

Research and Development [Abstract]

Research, Development, and Computer Software Disclosure [Text Block]

Note 7 – Programming Costs

Programming costs, net of amortization, consists of the following:

	September 30,		December 31,
	2017		2016

Released, net of accumulated amortization of $4,546,886 and $3,801,963, respectively	$	3,718,352	$	3,228,440

In production		3,501,415		100,000

In development		1,379,315		649,113

	$	8,599,082	$	3,977,553

Intangible Asset - Video Content License

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

Note 8 – Intangible Asset - Video Content License

The Company has been granted a perpetual, exclusive license from CSS to utilize the Brand and related content, for visual exploitation on a worldwide basis (“Perpetual License”). In granting the Perpetual License, CSS required an initial purchase price of $5,000,000, which approximated its costs to CSS, and was paid by the Company during 2016. The Company has recorded the initial purchase price of the Perpetual License at the estimated cost to CSS in its consolidated balance sheets.

Senior Secured Notes Payable and Senior Secured Revolving Line of Credit

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

Note 9 – Senior Secured Notes Payable and Senior Secured Revolving Line of Credit

Senior Secured Notes Payable

From July 2016 through May 2017, the Company sold in a private placement (“Debt Private Placement”) $5,000,000 aggregate principal amount of 5% senior secured term notes (the “Term Notes”) and Class W warrants to purchase an aggregate of 460,000 shares of Class A common stock at $7.50 per share (the “Warrants”).

In June 2017, at the election of certain Noteholders, the Company converted $918,000 of Term Notes into 102,060 Class A common shares at a conversion price per share of $9 and issued Class Z warrants to purchase an aggregate of 30,618 shares of Class A common stock at $12 per share, to those Noteholders that elected to convert.

The Term Notes ranked pari passu with the Senior Secured Revolving Line of Credit described below (“Credit Facility”) and senior to any existing or future indebtedness of the Company. The Term Notes were secured by a first priority security interest and lien on all tangible and intangible assets of the Company, and was subject to an intercreditor agreement with respect to the Credit Facility.

The Term Notes were repaid in full on August 18, 2017 from the proceeds of the IPO.

The Term Notes and the Warrants were accounted for in accordance with ASC 470: Debt which provides, among other things, that the fair value is allocated between the debt and the related warrants. The Warrants are exercisable at any time prior to June 30, 2021 and are callable under certain circumstances, but in no event prior to January 31, 2018.

The fair value of the Warrants was determined to be $1,079,360 using the Black-Scholes option-pricing model and the relative fair value of the warrants was recorded as a discount to the Term Notes with a corresponding credit to additional paid-in capital.

For the nine months ended September 30, 2017, amortization of the debt discount of $627,973, amortization of deferred financing costs of $40,902, and cash interest expense paid on the Term Notes of $136,526 is included in interest expense in the accompanying condensed consolidated statement of operations. For the nine months ended September 30, 2016, amortization of the debt discount of $85,768, amortization of deferred financing costs of $17,750 and cash interest expense paid on the Term Notes of $15,271 is included in interest expense in the accompanying condensed consolidated statement of operations.

Officers of the Company and of CSS, and their family members, participated in the Debt Private Placements on the same terms and conditions as other investors (see Note 12).

Senior Secured Revolving Line of Credit

On May 12, 2016, the Company entered into the Credit Facility with an entity controlled by its chief executive officer (the “Lender”). Under the amended terms of the Credit Facility, the Company can borrow up to an aggregate of $4,500,000 until June 30, 2018 (the “Maturity Date”).

Advances made under the Credit Facility are used for working capital and general corporate purposes, and were used in part, for payments in 2016 due to CSS pursuant to the license agreement with the Company.

Borrowings under the Credit Facility bear interest at 5% per annum and an annual fee equal to 0.75% of the unused portion of the Credit Facility, payable monthly in arrears in cash.

If payment obligations under the Credit Facility are still outstanding at the Maturity Date, or, if prior to the Maturity Date there is an event of default as prescribed by the Credit Facility, then, at the option of the Company, (a) all principal and interest may be exchanged into shares of Class A common stock of the Company on the same terms as the Company’s most recently completed equity financing, provided, that under no circumstances shall the pre-money valuation used for this exchange be less than $52,560,000, (b) the Maturity Date of the Credit Facility may be extended by mutual agreement of the parties, and (c) all principal and interest will be paid in full. In connection with the Credit Facility, the Company issued Class W warrants to the Lender to purchase 157,500 shares of the Company’s Class A common stock at an exercise price of $7.50 per share.

All Warrants issued to the Lender expire on May 12, 2021 and are accounted for as equity warrants.

The Credit Facility and the related warrants were accounted for in accordance with ASC 470, which provides, among other things, that the fair value is allocated between the debt and the related warrants. The fair value of the warrants issued was determined to be $424,025 using the Black-Scholes option-pricing model and the relative fair value of the warrants was recorded as a discount to the Credit Facility with a corresponding credit to additional paid-in capital.

For the nine months ended September 30, 2017, amortization of the debt discount of $237,860, amortization of deferred financing costs of $2,845 and cash interest expense paid on the Credit Facility of $130,474 is included in interest expense in the accompanying condensed consolidated statement of operations. For the nine months ended September 30, 2016, amortization of the debt discount of $87,508, amortization of deferred financing costs of $2,133 and cash interest expense paid on the Credit Facility of $44,896 is included in interest expense in the accompanying condensed consolidated statement of operations.

The balance outstanding under the Credit Facility of $4.5 million was repaid in full on August 23, 2017 from the proceeds of the IPO. The Company can request additional advances under the Credit Facility up to $4.5 million at any time until the Maturity Date.

Stockholders’ Equity

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note 10 – Stockholders’ Equity

Equity Structure

The Company is authorized to issue 70,000,000 shares of Class A common stock, par value $0.0001 (“Class A Stock”), 20,000,000 shares of Class B common stock, par value $.0001 (“Class B Stock”), and 10,000,000 shares of preferred stock, par value $.0001. As of September 30, 2017, and December 31, 2016, the Company had 3,497,133 and 893,369 shares of Class A Stock outstanding, respectively and 8,071,955 shares of Class B Stock outstanding. There are no shares of preferred stock outstanding.

Each holder of Class A Stock is entitled to one vote per share while holders of Class B Stock are entitled to ten votes per share.

Recapitalization

As described in Note 1, in May 2016, pursuant to the terms of the CSS Contribution Agreement, the Company issued 8,600,568 shares of the Company’s Class B common stock as consideration paid for all video content assets owned by CSS, CSS Productions and their CSS subsidiaries. CSS Productions transferred certain of these shares of Class B common stock to third parties.

Concurrently with the consummation of the CSS Contribution Agreement, certain rights to receive payments under certain agreements comprising part of the Subject Assets owned by Trema, LLC (“Trema”), a company principally owned and controlled by William J. Rouhana, Jr., the Company’s chairman and chief executive officer, were assigned to the Company under a contribution agreement (the “Trema Contribution Agreement”) in consideration for the Company’s issuance to Trema of 159,432 shares or our Class B common stock. The Company recorded $16 par value of common stock and $792,000 of additional paid-in capital as of June 30, 2016.

Equity Private Placements

Between June 2016 and May 2017, the Company sold Class A common stock in two private placements.

From June 2016 through November, 2016, the Company sold in a private placement (the “2016 Equity Private Placement”) a total of 17,096 units with aggregate proceeds of $1,025,760, consisting of an aggregate of 170,960 shares of Class A common stock and Warrants to purchase an aggregate of 51,288 shares of Class A common stock. The purchase price of each unit was $60 and each unit consisted of 10 shares of Class A common stock and 3 Warrants exercisable at $7.50 each. The Warrants are exercisable at any time prior to June 30, 2021 and are accounted for as equity warrants. The Warrants are callable under certain circumstances, but in no event prior to January 31, 2018.

From November 2016 and through May 2017, the Company sold in a private placement (the “2017 Equity Private Placement”) a total of 15,011 units with aggregate proceeds of $975,710 consisting of an aggregate of 150,112 shares of Class A common stock and Warrants to purchase an aggregate of 45,034 shares of Class A common stock. The purchase price of each unit was $65 and each unit consisted of 10 shares of Class A common stock and 3 Warrants exercisable at $7.50 each. The Warrants are exercisable at any time prior to June 30, 2021 and are accounted for as equity warrants. The Warrants are callable under certain circumstances, but in no event prior to January 31, 2018.

Family members of officers of the Company and of CSS participated in the 2016 Equity Private Placement and the 2017 Equity Private Placement on the same terms and conditions as other investors (see Note 12).

In two separate transactions, other parties purchased a total of 55,000 shares of Class A common stock and Warrants to purchase an aggregate of 50,000 shares of Class A common stock. Total proceeds to the Company were $487,500.

Executive Producer Shares

As described in Note 5, in June 2017 the Company issued 50,000 shares of Class A common stock and a Class Z warrant to purchase 50,000 shares of Class A common stock at $12 per share to a non-employee executive producer of two television shows to be produced by the Company. Based on an independent valuation of such shares and warrants, the fair value of this award using observable market input for the Class A common stock issuance and a Black Scholes model for the warrant totaled $625,500.

Income Taxes

9 Months Ended

Sep. 30, 2017

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

Note 11 – Income Taxes

The Company’s benefit from income taxes consists of federal and state taxes in amounts necessary to align the Company’s year-to-date tax provision with the effective rate it expects to achieve for the full year.

For the nine months ended September 30, 2017 and 2016, the Company recorded an income tax benefit of $87,000 and $587,000, respectively, consisting of federal and state taxes currently payable and deferred. The effective tax rate for the nine months ended September 30, 2017 and 2016 was 6% and 42%, respectively.

For the nine months ended September 30, 2017, the Company’s consolidated statement of operations included approximately $1.3 million of charges (representing approximately 89% of the loss before taxes) that are permanent differences between financial reporting and income tax reporting because they will never be deductible for tax purposes. The permanent differences consist principally of amortization of debt discounts included in interest expense and the impact of incentive stock options issued under the Company’s Long-Term Incentive Plan. These nondeductible charges had a significant impact on the effective tax rate resulting in a 36% rate difference between the expected effective rate and the actual effective rate. For the nine months ended September 30, 2016, the Company’s consolidated statement of operations included approximately $250,000 of charges that are permanent differences and similar in nature to those of 2017.

In calculating the benefit from income taxes for the nine months ended September 30, 2017 and 2016, management also provided for the effect of temporary differences. Temporary differences are timing differences between book income versus taxable income due to items of revenue or expense that are recognized in one period for taxes, but in a different period for financial reporting. The Company’s temporary differences consist primarily of net programming costs being deductible for tax purposes in the period incurred as contrasted to the capitalization and amortization for financial reporting purposes under the guidance of ASC 926 and the amortization for tax purposes only of an intangible asset under Section 197 of the Internal Revenue Code.

Related Party Transactions

9 Months Ended

Sep. 30, 2017

Note 12 – Related Party Transactions

(a) Affiliate Resources and Obligations

In May 2016, the Company entered into agreements with CSS and affiliated companies that provide the Company with access to important assets and resources as described below (the “2016 Agreements”). The 2016 Agreements include a management services agreement and a license agreement. A summary of the 2016 Agreements is as follows:

Management Services Agreement

The Company is a party to a Management Services Agreement with CSS (the “Management Agreement”). Under the terms of the Management Agreement, the Company is provided with the operational expertise of the CSS companies’ personnel, including its chief executive officer.

Pursuant to the Management Agreement, the Company also receives other services, including accounting, legal, marketing, management, data access and back office systems, and requires CSS to provide office space and equipment usage.

Under the terms of the Management Agreement, commencing with the fiscal quarter ended March 31, 2016, the Company paid a quarterly fee to CSS equal to 5% of the gross revenue as reported under GAAP for each fiscal quarter.

Since the completion of the IPO, the Company reports under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the quarterly fee is based on gross revenue as reported in the applicable public filing under the Exchange Act for each fiscal quarter. For the three months ended September 30, 2017 and 2016, the Company recorded management fee expense of $2,423 and $6,818, respectively, payable to CSS. For the nine months ended September 30, 2017 and 2016, the Company recorded management fee expense of $112,914 and $120,227, respectively, payable to CSS.

Each quarterly amount due shall be paid on or prior to the later of the 45^th day after the end of such quarter, or the 10^th day after the filing of the applicable Exchange Act report for such quarter. On August 21, 2017, the Company paid to CSS $739,422 in management fees that were owed for the years 2015 and 2016 and for the six months ended June 30, 2017.

In addition, for any sponsorship that is arranged by CSS for the Company’s video content or that contains a multi-element transaction for which the Company receives a portion of such revenue and CSS receives the remaining revenue (for example, a transaction that relates to both video content and CSS’s printed products), the Company shall pay a sales commission to CSS equal to 20% of the portion of such revenue earned. Each sales commission shall be paid within 30 days of the end of the month in which received. If CSS actually collects the Company’s portion of such fee, CSS will remit the revenue due to the Company after deducting the sales commission. There were no sales commissions earned or paid to CSS during the three and nine month periods ended September 30, 2017 and 2016.

The term of the Management Agreement is five years, with automatic one-year renewals thereafter unless either party elects to terminate by delivering written notice at least 90 days prior to the end of the then current term. The Management Agreement is terminable earlier by either party by reason of certain prescribed and uncured defaults by the other party. The Management Agreement will automatically terminate in the event of the Company’s bankruptcy or a bankruptcy of CSS or if the Company no longer has licensed rights from CSS under the License Agreement described below.

License Agreement

The Company is a party to a trademark and intellectual property license agreement with CSS (the “License Agreement”). Under the terms of the License Agreement, the Company has been granted a perpetual, exclusive license to utilize the Brand and related content, such as stories published in the Chicken Soup for the Soul books, for visual exploitation worldwide.

In consideration of the License Agreement, in May 2016 the Company paid to CSS a one-time license fee of $5,000,000, comprised of a $1,500,000 cash payment and the concurrent issuance to CSS of the CSS License Note, having a principal amount of $3,500,000 and bearing interest at 0.5% per annum (the “Note”). The Note provided that it could be prepaid at any time in the discretion of the Company.

The Note was due on the earlier of (a) five business days after the date of written demand by CSS and (b) the third business day following the closing date of an initial public offering of the common stock of the Company. The Note was repaid in full by September 16, 2016. Included in interest expense in the accompanying consolidated statement of operations for the three and nine month periods ended September 30, 2016 is $891 and $3,069 respectively, of interest paid to CSS while the Note was outstanding.

Under the terms of the License Agreement, commencing with the fiscal quarter ended March 31, 2016, the Company also pays an incremental recurring license fee to CSS equal to 4% of gross revenue as reported under GAAP for each fiscal quarter. Since the completion of the IPO, the Company reports under the Exchange Act and the quarterly fee is based on gross revenue as reported in the applicable public filing under the Exchange Act for each fiscal quarter. Each quarterly amount shall be paid on or prior to the later of the 45th day after the end of such quarter, or the 10^th day after the filing of the applicable Exchange Act report for such quarter. On August 21, 2017, the Company paid to CSS $572,172 in license fees that were owed for the years 2015 and 2016 and for the six months ended June 30, 2017.

In addition, CSS provides marketing support for the Company’s productions through its email distribution, blogs and other marketing and public relations resources. Commencing with the fiscal quarter ended March 31, 2016, the Company shall pay a quarterly fee to CSS equal to 1% of gross revenue as reported under GAAP for each fiscal quarter for such support. For the three months ended September 30, 2017 and 2016, the Company recorded license fee expense of $2,423 and $6,818, respectively, payable to CSS.

For the nine months ended September 30, 2017 and 2016, the Company recorded license fee expense of $112,914 and $120,227, respectively, payable to CSS.

(b)Distribution Agreement with A Plus

In September 2016, a wholly-owned subsidiary of CSS acquired a majority of the issued and outstanding common stock of A Plus. A Plus develops and distributes high quality, empathetic short-form videos and articles to millions of people worldwide. A Plus is a digital media company founded, chaired, and partially owned by actor and investor Ashton Kutcher. Mr. Kutcher owns 23%, third parties own 2%, and the CSS subsidiary owns 75% of A Plus.

In September 2016, the Company entered into a distribution agreement with A Plus (the “A Plus Distribution Agreement”). The A Plus Distribution Agreement has an initial term ending in September 2023.

Under the terms of the A Plus Distribution Agreement, the Company has the exclusive worldwide rights to distribute all video content (in any and all formats) and all editorial content (including articles, photos and still images) created, produced, edited or delivered by A Plus.

Under the terms of the A Plus Distribution Agreement, the Company was obligated to pay A Plus an advance of $3,000,000 by March 31, 2017 (the “A Plus Advance”) which was recorded as prepaid distribution fees in the consolidated balance sheets.

The Company is entitled to retain a net distribution fee of 30% (40% while any portion of the A Plus Advance remains outstanding) of gross revenue generated by the distribution of A Plus video content and 5% (15% while any portion of the A Plus Advance remains outstanding) of gross revenue generated by the distribution of A Plus editorial content. The Company recoups the A Plus Advance by retaining the portion of gross revenue otherwise payable by the Company to A Plus under the A Plus Distribution Agreement and applying same to the recoupment of the A Plus Advance.

The Company will not pay A Plus its portion of gross revenue until such time as the A Plus Advance has been recouped in full. At September 30, 2017 and December 31, 2016, prepaid distribution fees were $2,062,852 and $592,786, respectively.

Online revenue in the Company’s condensed consolidated statement of operations for the three months and nine months ended September 30, 2017 includes $48,462 and $398,741, respectively, of net distribution fees earned by the Company under the A Plus Distribution Agreement.

(c)Debt Private Placement and Equity Private Placements

Officers of the Company and of CSS, and their family members (“Related Parties”), made purchases under the Debt Private Placement, the 2016 Equity Private Placement, and the 2017 Equity Private Placement on the same terms and conditions as offered to other investors.

Prior to the IPO, Related Parties purchased $1,413,140 under the 2017 Equity Private Placement and $2,030,000 under the Debt Private Placement. As of September 30, 2016, Related Parties purchased $220,877 under the Debt Private Placement. As discussed in Note 1, a portion of the net proceeds from the IPO were used to fully repay the Term Notes sold in the Debt Private Placement.

(d)Consulting Agreement

CSS Productions had a consulting agreement with Low Profile Films, Inc. (“Low Profile”). Low Profile provided executive production services for the Company that included all activities necessary to establish and maintain relationships regarding CSS Productions proposed feature length film, a possible talk show and, Low Profile was to oversee the production to facilitate the public viewing or distribution of same. The owner of Low Profile is the son of the Company’s chairman and chief executive officer.

The Company’s agreement with Alcon for a feature length film expired on July 15, 2016 and as a result, the Company and Low Profile mutually agreed to terminate the executive production services agreement as of July 15, 2016. For the three months and nine months ended September 30, 2016, the Company paid Low Profile $5,000 and $35,000, respectively, for services provided, which are included in selling, general and administrative expenses in the accompanying condensed consolidated statements of operations.

(e)Sponsorship by the Foundation

CSS and the Company have several agreements with a charitable foundation (the “Foundation”), on whose advisory board the Company’s chief executive officer sits, under which the Foundation agreed to sponsor a Saturday morning family television show as discussed in Note 4. As of September 30, 2017, two seasons of original episodes of Hidden Heroes have aired. For the three months ended September 30, 2017 and 2016, the Company recognized revenue of $0 and $136,364, respectively, from this sponsorship. For the nine months ended September 30, 2017 and 2016, the Company recognized $1,666,588 and $2,204,546, respectively, from this sponsorship.

Commitments and Contingencies

9 Months Ended

Sep. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Note 13 – Commitments and Contingencies

In the normal course of business, from time-to-time, the Company may become subject to claims in legal proceedings.

Legal proceedings are subject-to inherent uncertainties, and an unfavorable outcome could include monetary damages, and in such event, could result in a material adverse impact on the Company's business, financial position, results of operations, or cash flows.

The Company is not currently, and has not been since inception, subject to any legal claims or actions. Further, the Company has no knowledge of any pending legal actions and does not believe it is currently a party to any pending legal claims or actions.

Subsequent Events

9 Months Ended

Sep. 30, 2017

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Note 14 – Subsequent Events

Acquisition of Screen Media Ventures, LLC

On November 3, 2017, the Company completed the acquisition of all of the membership interests of Screen Media for approximately $4.9 million in cash and the issuance of 35,000 shares of the Company’s Class A common stock and Class Z warrants of the Company exercisable into 50,000 shares of the Company’s Class A common stock at $12 per share (the “Purchase”). The Company is in the process of ascertaining the fair value of the Class A common stock and Class Z warrants issued in the Purchase through an independent valuation. Screen Media operates Popcornflix®, one of the largest advertiser-supported direct-to-consumer online video services (“AVOD”) and distributes television series and films worldwide. The Company estimates that total closing costs related to the Purchase , including legal fees, accounting fees and investment advisory fees, will be approximately $2.1 million.

In accordance with ASC 805, “Business Combinations”, the Company will account for the acquisition by applying the acquisition method of accounting. The acquisition method of accounting requires, among other things, that the assets acquired and the liabilities assumed in a business combination be measured at their fair values as of the closing date of the transaction.

The Company anticipates that the total Purchase price will be less than the fair value of the net identifiable assets acquired. The Company is in the process of ascertaining the respective fair values of the net identifiable assets through an independent valuation, and such information will be provided on Form 8-K/A when filed.

The results of operations of Screen Media will be included in the Company’s consolidated statements of operations as of the acquisition date. The acquisition of Screen Media is expected to have a material positive impact on the Company’s consolidated financial position, results of operations and cash flows.

Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2017

Accounting Policies [Abstract]

Basis of Accounting, Policy [Policy Text Block]

Basis of Presentation

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

Fair Value Measurement, Policy [Policy Text Block]

Fair Value

Level 1—Valuations based on quoted prices for identical assets and liabilities in active markets.

Level 3—Valuations based on unobservable inputs reflecting our own assumptions. These valuations require significant judgment and estimates.

Trade and Other Accounts Receivable, Policy [Policy Text Block]

Accounts Receivable

Research, Development, and Computer Software, Policy [Policy Text Block]

Programming Costs

Income Tax, Policy [Policy Text Block]

Income Taxes

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

Long-Lived Assets

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Cash advances are recorded as deferred revenue until all the conditions of revenue recognition have been met.

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Share-Based Payments

Advertising Costs, Policy [Policy Text Block]

Advertising Costs

Advertising costs are expensed as incurred. The Company did not incur any advertising costs in the three and nine month periods ended September 30, 2017 and 2016.

Earnings Per Share, Policy [Policy Text Block]

Earnings Per Share

Concentration Risk, Credit Risk, Policy [Policy Text Block]

Concentration of Credit Risk

Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock options activity as of September 30, 2017 is as follows:

	As of September 30, 2017

			Weighted Average
	Number of Stock		Grant Date Fair
	Options		Value

Total outstanding at the beginning of the period		-	$	-
Options granted		515,000		2.90
Options exercised		-		-
Actual options forfeited		-		-
Options expired		-		-

Total outstanding at the end of the period		515,000	$	2.90

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Assumptions used in calculating the fair value of the stock options granted during 2017 are summarized below:

	Weighted Average as of September 30, 2017
Valuation assumptions:

Expected dividend yield		0%
Expected equity volatility		57%
Expected term (years)		2 - 3
Risk-free interest rate		1.73% - 1.94%
Exercise price per stock option	$	6.50 - 9.74
Market price per share	$	5.78 - 9.74
Weighted average fair value per stock option	$	2.90

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares [Table Text Block]

A reconciliation of shares used in calculating basic and diluted per share data is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016

Basic weighted-average shares outstanding		10,411,412		8,869,658		9,549,413		8,796,847

Effect of dilutive securities:
Assumed issuance of shares from exercise of stock options (a)		-		-		-		-
Assumed issuance of shares from exercise of warrants (a)		-		-		-		-

Diluted weighted-average shares outstanding		10,411,412		8,869,658		9,549,413		8,796,847

Programming Costs (Tables)

9 Months Ended

Sep. 30, 2017

Research and Development [Abstract]

Programming Costs Net [Table Text Block]

Programming costs, net of amortization, consists of the following:

	September 30,		December 31,
	2017		2016

Released, net of accumulated amortization of $4,546,886 and $3,801,963, respectively	$	3,718,352	$	3,228,440

In production		3,501,415		100,000

In development		1,379,315		649,113

	$	8,599,082	$	3,977,553

The Company, Description of Business, Initial Public Offering and Acquisition (Details Textual) - USD ($)		1 Months Ended			9 Months Ended
	Nov. 03, 2017	Aug. 17, 2017	Jun. 30, 2017	May 31, 2016	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016
Stock Issued During Period, Shares, New Issues		2,241,983
Repayments of Notes Payable		$ 4,100,000			$ 4,082,000	$ 0
Repayments of Lines of Credit		4,500,000			6,805,000	$ 1,050,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 12
Common Class A [Member]
Stock Issued During Period, Value, New Issues		$ 30,000,000
Stock Issued During Period, Shares, New Issues		2,500,000	50,000
Shares Issued, Price Per Share		$ 12.00
Gross Proceeds From Issuance Of Common Stock		$ 26,900,000
Proceeds from Issuance of Common Stock		$ 24,000,000			$ 487,500
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			50,000		50,000
Common Class A [Member] \| Subsequent Event [Member] \| screen Media Ventures, LLC [Member]
Payments to Acquire Businesses, Gross	$ 4,900,000
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	$ 35,000
Common Class B [Member]
Shares Issued, Price Per Share							$ 16
Common Class B [Member] \| Chicken Soup for the Soul, LLC [Member]
Stock Issued During Period, Shares, Purchase of Assets				8,600,568
Common Class B [Member] \| Trema, LLC [Member]
Stock Issued During Period, Shares, Purchase of Assets				159,432
Selling Stockholder Shares [Member]
Stock Issued During Period, Shares, New Issues		258,017
Class Z Warrant [Member] \| Subsequent Event [Member] \| screen Media Ventures, LLC [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 12

Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Aug. 17, 2017	Dec. 31, 2016
Cost of Revenue	$ 0	$ 61,500	$ 794,923	$ 1,088,727
Cash, Uninsured Amount	$ 9,576,544		$ 9,576,544			$ 5,600
Sales Revenue, Net [Member] \| Customer Concentration Risk [Member]
Concentration Risk, Percentage			90.00%
Sales Revenue, Net [Member] \| Customer Concentration Risk [Member] \| Major Customer [Member]
Concentration Risk, Percentage			73.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member]
Concentration Risk, Percentage			98.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Major Customer [Member]
Concentration Risk, Percentage			79.00%
Common Class A [Member]
Shares Issued, Price Per Share					$ 12.00

Share-Based Compensation (Details)	9 Months Ended
Share-Based Compensation (Details)	Sep. 30, 2017 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Total outstanding at the beginning of the period	0
Number of Stock Options, Options granted	515,000
Number of Stock Options, Options exercised	0
Number of Stock Options, Actual options forfeited	0
Number of Stock Options, Options expired	0
Number of Stock Options, Total outstanding at the end of the period	515,000
Weighted Average Grant Date Fair Value, Total outstanding at the beginning of the period \| $ / shares	$ 0
Weighted Average Grant Date Fair Value, Options granted \| $ / shares	2.9
Weighted Average Grant Date Fair Value, Total outstanding at the end of the period \| $ / shares	$ 2.9

Share-Based Compensation (Details 1)	9 Months Ended
Share-Based Compensation (Details 1)	Sep. 30, 2017 $ / shares
Valuation assumptions:
Expected dividend yield	0.00%
Expected equity volatility	57.00%
Weighted average fair value per stock option	$ 2.9
Maximum [Member]
Valuation assumptions:
Expected term (years)	3 years
Risk-free interest rate	1.94%
Exercise price per stock option	$ 9.74
Market price per share	$ 9.74
Minimum [Member]
Valuation assumptions:
Expected term (years)	2 years
Risk-free interest rate	1.73%
Exercise price per stock option	$ 6.50
Market price per share	$ 5.78

Share-Based Compensation (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
Share-Based Compensation (Details Textual) - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 182,581	$ 1,436,293	$ 474,772	$ 1,513,311
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	1,099,692		$ 1,099,692
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares			145,001
Stock Issued			$ 0	792,000
Straight-line [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	142,043		394,238
Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued			625,500
Management [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 40,539	$ 1,436,293	80,534	$ 1,513,311
Former Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value			$ 1,436,294

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
Earnings Per Share (Details) - shares	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Weighted Average Number of Shares Outstanding, Basic	10,411,142	8,869,658	9,549,413	8,796,847
Effect of dilutive securities:
Assumed issuance of shares from exercise of stock options (a)	0	0	0	0
Assumed issuance of shares from exercise of warrants (a)	0	0	0	0
Diluted weighted-average shares outstanding	10,411,142	8,869,658	9,549,413	8,796,847

Programming Costs (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Programming Costs [Line Items]
Released, net of accumulated amortization of $4,546,886 and $3,801,963, respectively	$ 3,718,352	$ 3,228,440
In production	3,501,415	100,000
In development	1,379,315	649,113
Capitalized Computer Software, Net	$ 8,599,082	$ 3,977,553

Intangible Asset - Video Content License (Details Textual) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Intangible Assets, Net (Excluding Goodwill)	$ 5,000,000	$ 5,000,000

Senior Secured Notes Payable and Senior Secured Revolving Line of Credit (Details Textual) - USD ($)		1 Months Ended		9 Months Ended
	May 12, 2016	Aug. 17, 2017	Jun. 30, 2017	Sep. 30, 2017	Sep. 30, 2016	May 31, 2017
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 12
Warrants Not Settleable in Cash, Fair Value Disclosure	$ 424,025			$ 1,079,360
Amortization of Debt Discount (Premium)				865,833	$ 173,276
Warrants Expiration Date	May 12, 2021
Repayments of Lines of Credit		$ 4,500,000		6,805,000	1,050,000
Revolving Credit Facility [Member]
Amortization of Debt Discount (Premium)				237,860	87,508
Amortization of Debt Issuance Costs				2,845	2,133
Debt Instrument, Periodic Payment, Interest				130,474	44,896
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,500,000	4,500,000
Line of Credit Facility, Interest Rate During Period	5.00%
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.75%
Repayments of Lines of Credit		$ 4,500,000
Revolving Credit Facility [Member] \| Minimum [Member]
Debt Conversion, Original Debt, Amount	$ 52,560,000
Class W warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	157,500					460,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 7.50					$ 7.50
Class Z warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			30,618
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 12
Senior Notes [Member]
Debt Instrument, Face Amount						$ 5,000,000
Debt Instrument, Interest Rate, Stated Percentage						5.00%
Debt Conversion, Original Debt, Amount			$ 918,000
Debt Conversion, Converted Instrument, Shares Issued			102,060
Debt Instrument, Convertible, Conversion Price			$ 9
Amortization of Debt Discount (Premium)				627,973	85,768
Amortization of Debt Issuance Costs				40,902	17,750
Debt Instrument, Periodic Payment, Interest				$ 136,526	$ 15,271

Stockholders' Equity (Details Textual) - USD ($)	1 Months Ended			6 Months Ended	7 Months Ended	9 Months Ended
Stockholders' Equity (Details Textual) - USD ($)	Aug. 17, 2017	Jun. 30, 2017	May 31, 2016	Nov. 30, 2016	May 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Jun. 30, 2016
Preferred Stock, Par or Stated Value Per Share						$ 0.0001		$ 0.0001
Preferred Stock, Shares Authorized						10,000,000		10,000,000
Stock Issued						$ 0	$ 792,000
Proceeds from Issuance of Private Placement						$ 1,413,400	900,760
Stock Issued During Period, Shares, New Issues	2,241,983
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 12
Shareholders' Equity and Warrants, Fair Value Disclosure		$ 625,500
Two Thousand Sixteen Equity Private Placement [Member]
Sale of Stock, Number of Shares Issued in Transaction				17,096
Proceeds from Issuance of Private Placement				$ 1,025,760
Class of Warrant or Right, Number of Securities Called by Warrants or Rights				51,288
Sale of Stock, Description of Transaction				The purchase price of each unit was $60 and each unit consisted of 10 shares of Class A common stock and 3 Warrants exercisable at $7.50 each.
Class of Warrant or Right, Exercise Price of Warrants or Rights				$ 7.50
Class of Warrant or Right, Expiration Date				Jun. 30, 2021
Sale of Stock, Price Per Share				$ 60
Two Thousand Seventeen Equity Private Placement [Member]
Sale of Stock, Number of Shares Issued in Transaction					15,011
Proceeds from Issuance of Private Placement					$ 975,710
Class of Warrant or Right, Number of Securities Called by Warrants or Rights					45,034
Sale of Stock, Description of Transaction					each unit consisted of 10 shares of Class A common stock and 3 Warrants exercisable at $7.50 each.
Class of Warrant or Right, Exercise Price of Warrants or Rights					$ 7.50
Class of Warrant or Right, Expiration Date					Jun. 30, 2021
Sale of Stock, Price Per Share					$ 65
Trema, LLC [Member]
Stock Issued							$ 792,000
Common Class A [Member]
Common Stock, Par or Stated Value Per Share						$ 0.0001		$ 0.0001
Common Stock, Shares Authorized						70,000,000		70,000,000
Common Stock, Shares, Outstanding						3,497,133		893,369
Shares Issued, Price Per Share	$ 12.00
Stock Issued During Period, Shares, New Issues	2,500,000	50,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		50,000				50,000
Proceeds from Issuance of Common Stock	$ 24,000,000					$ 487,500
Common Class A [Member] \| Two Thousand Sixteen Equity Private Placement [Member]
Stock Issued During Period, Shares, New Issues				170,960
Common Class A [Member] \| Two Thousand Seventeen Equity Private Placement [Member]
Stock Issued During Period, Shares, New Issues					150,112
Common Class A [Member] \| Other Party [Member]
Stock Issued During Period, Shares, New Issues						55,000
Common Class B [Member]
Common Stock, Par or Stated Value Per Share						$ 0.0001		$ 0.0001
Common Stock, Shares Authorized						20,000,000		20,000,000
Common Stock, Shares, Outstanding						8,071,955		8,071,955
Shares Issued, Price Per Share									$ 16
Common Class B [Member] \| Chicken Soup for the Soul, LLC [Member]
Stock Issued During Period, Shares, Purchase of Assets			8,600,568
Common Class B [Member] \| Trema, LLC [Member]
Stock Issued During Period, Shares, Purchase of Assets			159,432

Income Taxes (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
Income Taxes (Details Textual) - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Tax Expense (Benefit)	$ (246,000)	$ (857,000)	$ (87,000)	$ (587,000)
Effective Income Tax Rate Reconciliation, Percent			6.00%	42.00%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization, Amount			$ 1,300,000	$ 250,000
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization, Percent			36.00%

Related Party Transactions (Details Textual) - USD ($)	1 Months Ended		3 Months Ended		9 Months Ended
Related Party Transactions (Details Textual) - USD ($)	Aug. 21, 2017	May 31, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Related Party Transaction [Line Items]
Management Fee Expense,Percenatge									5.00%
Payments for Other Fees	$ 739,422
License Costs			$ 4,846	$ 13,636	$ 225,828	$ 240,454
Payments for Legal Settlements	$ 572,172
Prepaid Distribution Costs			2,062,852		2,062,852			$ 592,786
Sales Revenue, Goods, Net			48,466	136,364	2,258,281	2,404,546
Proceeds from Notes Payable					2,030,000	2,480,000
Selling, General and Administrative Expense			690,676	1,793,963	1,505,589	2,214,036
Proceeds from Issuance of Private Placement					1,413,400	900,760
Video Content [Member]
Related Party Transaction [Line Items]
Net Distribution Fee,Percentage							30.00%
Editorial Content [Member]
Related Party Transaction [Line Items]
Net Distribution Fee,Percentage							5.00%
Online [Member]
Related Party Transaction [Line Items]
Sales Revenue, Goods, Net			48,466	0	398,745	200,000
A Sharp Inc [Member]
Related Party Transaction [Line Items]
Prepaid Distribution Costs							$ 3,000,000
A Sharp Inc [Member] \| Video Content [Member]
Related Party Transaction [Line Items]
Net Distribution Fee,Percentage							40.00%
A Sharp Inc [Member] \| Editorial Content [Member]
Related Party Transaction [Line Items]
Net Distribution Fee,Percentage							15.00%
A Sharp Inc [Member] \| Online [Member]
Related Party Transaction [Line Items]
Sales Revenue, Goods, Net			48,462		398,741
Low Profile Films Inc [Member]
Related Party Transaction [Line Items]
Selling, General and Administrative Expense				5,000		35,000
Debt Private Placement [Member]
Related Party Transaction [Line Items]
Proceeds from Notes Payable					2,030,000	220,877
Equity Private Placement [Member]
Related Party Transaction [Line Items]
Proceeds from Issuance of Private Placement					1,413,140
Soul, LLC [Member]
Related Party Transaction [Line Items]
Management Fee Expense			2,423	6,818	112,914	120,227
Sales Commission,Percentage									20.00%
License Costs		$ 5,000,000	2,423	6,818
Payments for License Fees		$ 1,500,000
Interest Paid				891		3,069
Incremental Recurring License Fee,Percentage		4.00%
Marketing Support Fees,Percentage									1.00%
Soul, LLC [Member] \| CSS License Note [Member]
Related Party Transaction [Line Items]
Debt Instrument, Face Amount		$ 3,500,000
Debt Instrument, Interest Rate, Stated Percentage		0.50%
sponsor [Member]
Related Party Transaction [Line Items]
Sales Revenue, Services, Other			$ 0	$ 136,364	$ 1,666,588	$ 2,204,546
Investor [Member] \| A Sharp Inc [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				23.00%		23.00%
Third Parties [Member] \| A Sharp Inc [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				2.00%		2.00%
Subsidiary of Soul LLC [Member] \| A Sharp Inc [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage				75.00%		75.00%

Subsequent Events (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Nov. 03, 2017	Sep. 30, 2017	Jun. 30, 2017
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 12
Class Z warrants [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			30,618
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 12
screen Media Ventures, LLC [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Business Acquisition, Transaction Costs	$ 2.1
screen Media Ventures, LLC [Member] \| Class Z warrants [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	50,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 12
Common Class A [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		50,000	50,000
Common Class A [Member] \| screen Media Ventures, LLC [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Payments to Acquire Businesses, Gross	$ 4.9
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	35,000