View Filing Data

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2018	May 08, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q1
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		3,750,554
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		7,859,438
Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		11,609,992

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 1,751,689	$ 2,172,046
Accounts receivable, net	8,432,155	8,058,352
Prepaid expenses	239,637	228,145
Inventory, net	317,203	368,964
Intangible asset - video content license	5,000,000	5,000,000
Prepaid distribution fees	1,846,529	1,892,806
Other intangible asset	125,000	125,000
Popcornflix film rights and other assets	7,174,548	7,163,943
Film library, net	22,258,060	22,655,645
Due from affiliated companies	6,003,404	6,128,629
Programming costs, net	7,869,441	7,651,145
Other assets, net	275,954	298,133
Total assets	61,293,620	61,742,808
LIABILITIES AND STOCKHOLDERS' EQUITY
Senior secured notes payable under revolving line of credit to related party	1,700,000	1,500,000
Accounts payable and accrued expenses	1,272,923	1,002,536
Accrued programming costs	591,326	375,761
Film library acquisition obligation	185,600	663,400
Accrued participation costs	2,487,759	2,620,417
Other liabilities	148,110	144,533
Deferred tax liability, net	552,000	257,000
Deferred revenue	0	515,000
Total liabilities	6,937,718	7,078,647
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	32,578,694	32,324,500
Retained earnings	21,776,047	22,338,501
Total stockholders' equity	54,355,902	54,664,161
Total liabilities and stockholders' equity	61,293,620	61,742,808
Common Class A [Member]
Stockholders' equity
Common Stock, Value, Issued	375	374
Common Class B [Member]
Stockholders' equity
Common Stock, Value, Issued	$ 786	$ 786

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2018	Dec. 31, 2017
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
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	3,750,554	3,746,054
Common Stock, Shares, Outstanding	3,750,554	3,746,054
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	7,859,438	7,863,938
Common Stock, Shares, Outstanding	7,859,438	7,863,938

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue:
Television and film distribution	$ 3,243,147	$ 0
Television and short-form video production	2,129,281	1,330,788
Total revenue	6,034,294	1,417,098
Less: returns and allowances	(320,349)	0
Net revenue	5,713,945	1,417,098
Cost of revenue (including $1,454,140 and $0 of non-cash amortization of film library for the three months ended March 31, 2018 and 2017, respectively)	3,103,062	474,206
Gross profit	2,610,883	942,892
Operating expenses:
Selling, general and administrative (including $254,195 and $132,785 of non-cash share-based compensation expense for the three months ended March 31, 2018 and 2017, respectively)	2,199,247	260,008
Management and license fees	571,395	141,710
Total operating expenses	2,770,642	401,718
Operating (loss) income	(159,759)	541,174
Interest income	161	6
Interest expense	(21,555)	(475,826)
Acquisition-related costs	(45,300)	0
(Loss) income before income taxes	(226,453)	65,354
Provision for income taxes	336,000	199,000
Net loss	$ (562,453)	$ (133,646)
Net loss per common share:
Basic and diluted net loss per common share	$ (0.05)	$ (0.01)
Weighted average basic and diluted shares outstanding	11,609,992	9,066,034
Online [Member]
Revenue:
Net revenue	$ 661,866	$ 86,310

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Allocated Share-based Compensation Expense	$ 254,195	$ 132,785
Cost of Services, Amortization	$ 1,454,140	$ 0

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Cash flows from Operating Activities:
Net loss	$ (562,453)	$ (133,646)
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation	254,195	132,790
Amortization of programming costs	770,401	474,206
Amortization of deferred financing costs	0	21,876
Amortization of debt discount	0	364,311
Amortization of leasehold improvements	13,033	0
Amortization of film library and participation costs	1,454,140	0
Bad debt expense	87,632	0
Deferred income taxes	295,000	(147,000)
Changes in operating assets and liabilities:
Trade accounts receivable	(461,435)	(915,487)
Prepaid expenses and other current assets	(11,492)	(148,366)
Inventory	51,761	0
Programming costs	(773,132)	(913,532)
Film library	(1,056,556)	0
Popcornflix film rights and other assets	(10,605)
Prepaid distribution fees	46,277	(1,680,534)
Other assets	41,000	0
Accounts payable and accrued expenses	268,534	(287,399)
Film library acquisition obligation	(477,800)	0
Accrued participation costs	(132,659)	0
Other liabilities	3,577	0
Income tax payable	0	346,000
Deferred revenue	(515,000)	28,571
Net cash used in operating activities	(715,582)	(2,858,210)
Cash flows from Investing Activities:
Decrease (increase) in due from affiliated companies	125,225	(798,572)
Net cash provided by (used in) investing activities	125,225	(798,572)
Cash flows from Financing Activities:
Proceeds from revolving credit facility	200,000	3,225,000
Repayments of revolving credit facility	0	(980,000)
Payment of deferred financing cost	(30,000)	0
Proceeds from issuance of common stock in private placements	0	925,662
Net cash provided by financing activities	170,000	3,170,662
Net decrease in cash and cash equivalents	(420,357)	(486,120)
Cash and cash equivalents at beginning of period	2,172,046	507,247
Cash and cash equivalents at end of the period	1,751,689	21,127
Supplemental data:
Cash paid for interest	16,268	80,309
Cash paid for taxes	0	0
Non-cash financing activities
Fair value of warrants issued with revolving credit facility and term notes	$ 0	$ 393,711

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

3 Months Ended

Mar. 31, 2018

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. With the acquisition of Screen Media, the Company now has presence in over 56 countries worldwide.

Initial Public Offering

Effective 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 outstanding at the time of the IPO (see Note 10). The remaining proceeds are being used for general corporate purposes including working capital, acquisition of video content and strategic transactions.

Acquisition of Screen Media

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 (the “Acquisition”). Screen Media operates Popcornflix®, an advertiser-supported direct-to-consumer online video service and distributes television series and films worldwide.

In accordance with ASC 805, “Business Combinations” (“ASC 805”), the acquisition was accounted for by applying the acquisition method of accounting, which 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. As a result of the Acquisition, Screen Media’s results of operations are consolidated with those of the Company from the date of the transaction.

Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2018

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 of America (“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.

The condensed consolidated balance sheet as of December 31, 2017 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 intercompany balances 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 March 31, 2018 and the results of its operations for the three months ended March 31, 2018 and 2017.

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 10-K for the years ended December 31, 2017 and 2016.

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 and film library 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 March 31, 2018 and December 31, 2017, the fair value of the Company’s financial instruments including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, accrued programming costs, film library acquisition costs and accrued participation 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 and are subsequently stated net of allowance for uncollectible accounts and video returns. 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. Estimated losses resulting from uncollectible accounts are reported as bad debt expense in the consolidated statements of operations. At March 31, 2018 and December 31, 2017, accounts receivable is presented net of allowance for doubtful accounts and video returns of $636,801 and $597,665, respectively. Reserve for bad debt of $87,632 and $0 was recorded in the condensed consolidated statement of operations for the three months ended March 31, 2018 and March 31, 2017, respectively.

Inventory

Inventory consists of DVD films held for resale to wholesale and retail customers. Inventory is stated at the lower of cost or market. Cost is determined by the first-in, first-out (FIFO) method. Market value is based on net realizable value. When the net realizable value falls below its cost, a provision for write-downs is recorded.

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 March 31, 2018 and 2017 is amortization of programming costs totaling $770,401 and $474,206, respectively. There was no impairment charge recorded in the three months ended March 31, 2018 and 2017.

Film Library

The film library represents the cost of acquiring film distribution rights and related acquisition and accrued participation costs. The film library is amortized using the individual-film-forecast-computation method. Film library is stated at the lower of unamortized cost or fair value. Amortization is based upon management’s best estimate of total future, or ultimate revenue. Amortization is adjusted when necessary to reflect increases or decreases in forecasted ultimate revenues. Ultimate revenue time frame is determined based on the term of the related acquisition agreement. The Company generally acquires distribution rights covering periods of ten or more years.

Included in cost of revenue in the condensed consolidated statements of operations for the three-month periods ended March 31, 2018 and 2017, is amortization of film library totaling $1,454,140 and $0, respectively. For the three-month periods ended March 31, 2018 and 2017, there was no impairment charge recorded.

Popcornflix Film Rights and Other Assets

Popcornflix film rights and other assets represents the direct-to-consumer online video service and application platform comprised of five ad-supported networks with rights to over 3,000 films and approximately 60 television series. Popcornflix is an indefinite-lived intangible and is not subject to amortization but is subject to an annual impairment analysis. For the three months ended March 31, 2018 and 2017, there was no impairment charge recorded.

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 March 31, 2018 and 2017, the Company did not have any unrecognized tax benefits or liabilities.

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.

Film Library Acquisition Obligations

Film library acquisition obligations represent amounts due in connection with the Company acquiring film distribution rights. Pursuant to the film distribution rights agreements, the Company’s right to distribute films may revert to the licensor in the event that the Company is unable to satisfy its financial obligations with respect to the acquisition of the related distribution rights.

Accrued Participation Costs

The Company accrues for participation costs due to production companies and producers based on the respective agreements. Amounts due to production companies and producers are calculated based on gross revenue for each film after exceeding certain minimum targets. In addition, the Company must recoup its original investment in each film before such payments are due. Accrued participation costs are capitalized and amortized as part of the film library.

Revenue Recognition

Revenue from online digital distribution and VOD platforms are recorded when monthly activity is reported by advertisers. For theatrical releases, revenue is recorded after the theatrical release date and when box office proceeds reports are received. 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 13). Revenue from all digital media distribution is included in online networks in the accompanying condensed consolidated statements of operations.

The Company licenses and distributes multi-film packages to its customers. Revenue from multi-film sales is allocated on a per title basis and recognized upon initial availability for exploitation by customers. In addition, the Company distributes DVDs and similar media to its customers. The Company recognizes revenue upon shipment of DVD units or similar media units to its customers. Provision for future returns and other allowances are established based upon historical experience. Revenue from the distribution of multi-film packages and DVDs and similar media is included in television and film distribution in the accompanying condensed consolidated statements of operations.

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 as amended (“ASC 926”). 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 television and short-form video production revenue in the accompanying condensed consolidated statements of operations.

Cash advances received by the Company 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 third party valuations.

The Company estimates the fair value of share-based instruments using the Black-Scholes option-pricing model. All share-based awards are fulfilled with new shares of Class A common stock. For the three months ended March 31, 2018 and 2017, share-based awards were issued to non-employee directors and individuals for services rendered and were recorded at fair value.

Advertising Costs

Generally, advertising costs are expensed as incurred except for the advertising costs associated with the Company’s theatrically released titles which the Company is obligated to make reimbursements for. The expense recorded in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 was $224,442 and $0, respectively. These costs are capitalized as part of the film library acquisition costs and are amortized as such.

Advertising expenditures for DVD releases are expensed when incurred, which is typically upon the release of the title. The expense recorded in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 was $1,435 and $0, respectively.

Earnings Per Share

Basic net 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.

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, prior to its IPO the Company used a share price of $12 per share based on the price of its Class A common stock in its public offering. Subsequent to the Company’s 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 the Company’s cash in bank balances exceed the federally insured limits. The uninsured balance at March 31, 2018 and December 31, 2017 was $1,074,010 and $1,422,001, respectively.

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash in bank, revenue and accounts receivable.

For the three months ended March 31, 2018, the Company had three customers, which accounted for 44% of total revenue (the largest of which accounted for 19%). As of March 31, 2018, the Company had two customers that accounted for 59% of accounts receivable (the largest of which accounted for 36%). For the three months ended March 31, 2017, the Company had two customers that accounted for 86% of revenue. As of December 31, 2017, the Company had four customers that accounted for 73% of accounts receivable (the largest of which accounted for 58%).

Reclassification

Certain prior year balances have been reclassified to conform to the current year presentation. In the condensed consolidated statements of operations, prior year revenue has been presented in a manner more representative of the Company’s current revenue streams. These reclassifications have no effect on previously reported net loss.

Recent Accounting Pronouncements

3 Months Ended

Mar. 31, 2018

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 has adopted ASU 2017-09 in the last quarter of 2017 on a prospective basis and the impact on its consolidated financial statements was not material.

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 has adopted ASU 2017-01 on a prospective basis and the impact on its consolidated financial statements was not material.

In November 2016, the FASB issued ASU 2016-18, Restricted Cash, which requires amounts generally described as restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the total beginning and ending amounts for the periods shown on the statement of cash flows. ASU 2016-08 is effective for fiscal years beginning after December 15, 2017 (including interim periods within those periods) using a retrospective transition method to each period presented. The Company early adopted ASU 2016-18 in the last quarter of 2017 on a prospective basis and the impact on its consolidated financial statements was not material.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) which amended the existing accounting standards for revenue recognition. ASU 2014-09 establishes principles for recognizing revenue upon the transfer of promised goods or services to customers, in an amount that reflects the expected consideration received in exchange for those goods or services. For public entities, this standard is effective for annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods). For all other entities, this standard is effective for annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. The amendments may be applied retrospectively to each prior period (full retrospective) or retrospectively with the cumulative effect recognized as of the date of initial application (modified retrospective). Being an emerging growth company, the Company will adopt ASU 2014-09 in the first quarter of 2019 and apply the modified retrospective approach. Because the Company's primary source of revenue is from episodic television shows when each episode becomes available for delivery and available for broadcast, and multi-film sales when available for initial exploitation by customers, the Company does not expect the impact on its consolidated financial statements to be material.

Episodic Television Programs

3 Months Ended

Mar. 31, 2018

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”) 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 three seasons of Hidden Heroes and has an option to fund the series for a fourth 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 is 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 aired on Discovery Communications, LLC’s TLC network.

In 2017, the Sponsor funded a new parenting series called Being Dad, our third episodic television show, comprised of eight, one-hour episodes that were available for delivery and available for broadcast in the fourth quarter of 2017 and will begin airing on Netflix in 2018.

(c) On June 20, 2017, the Company entered into an agreement with HomeAway.com and received corporate sponsorship funding for our fourth episodic television series entitled Vacation Rental Potential.

This series comprised of ten, 30-minute episodes, aired on the A&;E Network in November and December 2017. The show gives viewers the information needed to obtain their dream vacation home. HomeAway.com has agreed to fund a second season of Vacation Rental Potential.

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

Share-Based Compensation

3 Months Ended

Mar. 31, 2018

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 months ended March 31, 2018 and 2017, the Company recognized $229,195 and $116,600, respectively, of non-cash share-based compensation expense relating to stock options in selling, general and administrative expense in the condensed consolidated statements of operations. There were 271,252 and 44,221 stock options vested at March 31, 2018 and 2017, respectively.

Stock options activity as of March 31, 2018 is as follows:

	Number of Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contract Term (Yrs.)		Aggregate Intrinsic Value

Total outstanding at December 31, 2017		690,000	$	7.61		4.32	$	1,079,500
Options granted		10,000		9.22		4.77		-
Options exercised		-		-		-		-
Actual options forfeited		-		-		-		-
Options expired		-		-		-		-
Total outstanding at March 31, 2018		700,000	$	7.63		4.08	$	189,101
Total exercisable at March 31, 2018		271,252	$	6.93		3.85	$	117,543
Total unvested at March 31, 2018		428,748	$	8.08		4.23	$	71,558
Total vested or expected to vest - March 31, 2018		700,000	$	7.63		4.08	$	189,101

As of March 31, 2018 the Company had unrecognized pre-tax compensation expense of $1,541,734 related to non-vested stock options under the Plan of which $687,584, $510,278 and $343,872 will be recognized in 2018, 2019 and 2020, respectively.

The following table summarizes unvested stock options as of March 31, 2018:

	Number of Stock Options		Weighted Average Exercise Price

Total unvested - December 31, 2017		490,415	$	7.96
Granted		10,000		9.22
Vested		(71,665)		7.47
Cancellations		-		-
Total unvested - March 31, 2018		428,750	$	8.08

Assumptions used in calculating the fair value of the stock options granted during 2018 and 2017 using the Black-Scholes valuation model are summarized below:

	Three Months Ended March 31,
Weighted Average Assumptions:	2018			2017

Expected dividend yield		0.0	%		0.0	%
Expected equity volatility		57.2	%		57.0	%
Expected term (years)		2.57			2.34
Risk-free interest rate		2.05	%		1.9	%
Exercise price per stock option	$	7.63		$	6.83
Market price per share	$	6.95		$	5.78
Weighted average fair value per stock option	$	3.35		$	2.64

The risk-free rates are based on the implied yield available on US Treasury constant maturities with remaining terms equivalent to the respective expected terms of the options. The Company estimates expected terms for stock options awarded to employees using the simplified method in accordance with ASC 718, Stock Compensation, because the Company does not have sufficient relevant information to develop reasonable expectations about future exercise patterns. The Company estimates the expected term for stock options using the contractual term. Expected volatility is calculated based on the Company’s peer group because the Company does not have sufficient historical data and will continue to use peer group volatility information until historical volatility of the Company is available to measure expected volatility for future grants.

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 March 31, 2018 and 2017, the Company recognized in selling, general and administrative expense, non-cash share-based compensation expense relating to stock grants of $25,000 and $16,185, respectively.

In January 2018, the Company’s board of directors approved an increase, subject to stockholder approval, to the number of shares available for grant pursuant to the Plan to 1,250,000 shares from 1,000,000 shares at March 31, 2018.

Earnings Per Share

3 Months Ended

Mar. 31, 2018

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
	March 31,
	2018		2017

Basic weighted-average shares outstanding		11,609,992		9,066,034

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		11,609,992		9,066,034

(a) The additional shares from the exercise of stock options and warrants for the three month periods ended March 31, 2018 and 2017 are anti-dilutive in nature, and as a result are excluded from the determination of diluted weighted-average shares outstanding.

Programming Costs

3 Months Ended

Mar. 31, 2018

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:

	March 31,		December 31,
	2018		2017

Released, net of accumulated amortization of $7,495,763 and $6,725,362, respectively	$	6,297,999	$	6,218,499
In production		15,679		12,784
In development		1,555,763		1,419,862
	$	7,869,441	$	7,651,145

Film Library

3 Months Ended

Mar. 31, 2018

Disclosure of Film Library [Abstract]

Film Library [Text Block]

Note 8 – Film Library

Film library costs, net of amortization, consists of the following:

	March 31,		December 31,
	2018		2017

Acquisition costs	$	24,344,359		24,034,514
Accumulated amortization		(2,086,299)		(1,378,869)
Net film library costs	$	22,258,060		22,655,645

Film library amortization expense recorded in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 was $707,430 and $0, respectively.

Intangible Asset - Video Content License

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

Note 9 – 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 recorded the initial purchase price of the Perpetual License at the estimated cost to CSS in its consolidated balance sheets.

Senior Secured Revolving Line of Credit and Senior Secured Notes Payable

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

Note 10 – Senior Secured Revolving Line of Credit and Senior Secured Notes Payable

Senior Secured Revolving Line of Credit

On May 12, 2016, the Company entered into a senior secured revolving line of credit (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 January 2, 2019 (the “Maturity Date”). Advances made under the Credit Facility are used for working capital and general corporate purposes.

Borrowings under the Credit Facility bore 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.

The balance outstanding under the Credit Facility prior to the IPO was $4.5 million which was repaid in full on August 23, 2017 from the proceeds of the IPO. On December 27, 2017, the Company drew an advance of $1,500,000 under the Credit Facility. As of March 31, 2018, advances under the Credit Facility totaled $1,700,000. On April 27, 2018, the Company entered into a commercial loan agreement with a bank (“Commercial Loan”). As described in Note 16 – Subsequent Events, simultaneously with the closing of the Commercial Loan, the Credit Facility was repaid in full and the Credit Facility was terminated by the Company and the Lender.

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.

As of March 31, 2018, the debt discount and deferred financing costs related to the Credit Facility were fully amortized. For the three months ended March 31, 2018, cash interest expense paid or accrued for on the Credit Facility of $21,555 is included in interest expense in the accompanying condensed consolidated statement of operations. For the three months ended March 31, 2017, amortization of the debt discount of $81,045, amortization of deferred financing costs of $1,422 and cash interest expense paid on the Credit Facility of $38,520 is included in interest expense in the accompanying condensed consolidated statement of operations, respectively.

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 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 were 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 three months ended March 31, 2017, amortization of the debt discount of $283,266, amortization of deferred financing costs of $20,454, and cash interest expense paid or accrued for on the Term Notes of $41,789 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 13).

Stockholders’ Equity

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note 11 – 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 at March 31, 2018 and December 31, 2017, the Company had 3,750,554 and 3,746,054 shares of Class A Stock outstanding, respectively and 7,859,438 and 7,863,938 shares of Class B Stock outstanding, respectively. 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 were assigned to the Company under the Trema Contribution Agreement in consideration for the Company’s issuance to Trema of 159,432 shares or Class B common stock.

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 13).

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

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 third-party 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

3 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

Note 12 – Income Taxes

The Company’s current and deferred income tax provision are as follows:

	Three Months Ended March 31,
	2018		2017
Current provision:
Federal	$	-	$	-
States		41,000		-
Total current provision		41,000		-
Deferred provision:
Federal		251,000		168,000
States		44,000		31,000
Total deferred provision		295,000		199,000
Total provision for income taxes	$	336,000	$	199,000

Deferred income taxes reflect the temporary differences between the financial statement carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, adjusted by the relevant tax rate. The components of deferred tax assets and liabilities are as follows:

	March 31, 2018		December 31, 2017
Deferred tax assets:
Net operating loss carry-forwards	$	96,000	$	318,000
Acquisition-related costs		603,000		584,000
Film library		371,000		371,000
Total deferred tax assets		1,070,000		1,273,000
Deferred tax liabilities:
Programming costs		1,454,000		1,389,000
Other assets		168,000		141,000
Total deferred tax liabilities		1,622,000		1,530,000
Net deferred tax liability	$	552,000	$	257,000

The Company adjusted its federal deferred income tax assets and liabilities as of March 31, 2018 and December 31, 2017 to reflect the reduction in the U.S. statutory federal corporate income tax rate from 35% to 21% resulting from the provisions of the 2017 Tax Cut and Jobs Act.

Related Party Transactions

3 Months Ended

Mar. 31, 2018

Note 13 – 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 in August 2017, 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 March 31, 2018 and 2017, the Company recorded management fee expense of $285,697 and $70,855, 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.

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 months ended March 31, 2018 and 2017.

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 was 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 was repaid in full by September 16, 2016.

Under the terms of the License Agreement, 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.

In addition, CSS provides marketing support for the Company’s productions through its email distribution, blogs and other marketing and public relations resources. The Company pays 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 March 31, 2018 and 2017, the Company recorded license fee expense of $285,697 and $70,855, respectively, payable to CSS.

Due from Affiliated Companies

As at March 31, 2018 and December 31, 2017, the Company is owed $6,003,404 and $6,128,629, respectively, from affiliated companies - primarily CSS. The Company is part of CSS’s central cash management system whereby payroll and benefits are administered by CSS and the related expenses are charged to its subsidiaries, and funds are transferred between affiliates as needed.

As noted above, advances and repayments occur periodically. The Company and CSS expect the net balance to be reduced substantially during the remainder of 2018. The Company and CSS do not charge interest on the net advances or the net repayments.

(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 sheet.

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 March 31, 2018 and December 31, 2017, prepaid distribution fees were $1,846,529 and $1,892,806, respectively.

Online revenue in the Company’s condensed consolidated statement of operations for the three months ended March 31, 2018 and 2017 includes $30,851 and $86,310, 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. A portion of the net proceeds received from the IPO were used to fully repay the Term Notes sold in the Debt Private Placement.

Commitments and Contingencies

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Note 14 – 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.

Screen Media is contingently liable for a standby letter of credit in connection with an office lease agreement in the amount of $129,986 as of March 31, 2018 and December 31, 2017.

Screen Media leases its office facilities under the terms of a non-cancelable operating lease agreement that expires on February 28, 2020. Minimum annual rental commitments under the lease are as follows:

Year Ended December 31,	Amount
Remainder of 2018	$	302,563
2019		417,206
2020		71,043
	$	790,812

Rent expense recorded in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 was $105,462 and $0, respectively. The Company does not record rent expense for its Connecticut office as it is included under the Management Agreement with CSS.

Segment Reporting

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 15 – Segment Reporting

The Company’s reportable segments have been determined based on the distinct nature of its operations, the Company's internal management structure, and the financial information that is evaluated regularly by the Company's chief operating decision maker. The Company operates in one reportable segment, the production and distribution of video content, and currently operates in the United States and internationally. 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. With the acquisition of Screen Media, the Company now has presence in over 56 countries worldwide. Gross revenue by geographic location, based on the location of the customers for the three months ended March 31, 2018 and 2017, is as follows:

	Three Months Ended March 31,
	2018		2017

United States	$	5,965,093	$	1,417,098
Canada		4,462		-
Europe		17,058		-
Other foreign		47,681		-
	$	6,034,294	$	1,417,098

One customer represented 19% and 74%, or $1.2 million and $1.1 million, respectively, of consolidated revenue for the three months ended March 31, 2018 and 2017. A second customer represented 17% and 11% or $1.0 million and $0.2 million of consolidated revenue for the three months ended March 31, 2018 and 2017, respectively. No other customer represented greater than 10% of consolidated revenue for the three months ended March 31, 2018 and 2017.

Accounts receivable due from one customer was approximately 36% and 58% or $3.2 million and $4.8 million of consolidated gross accounts receivable at March 31, 2018 and December 31, 2017, respectively. A second customer represented 23% or $2.1 million of consolidated gross accounts receivable at March 31, 2018. No other customer represented greater than 10% of consolidated gross accounts receivable at March 31, 2018 and December 31, 2017.

Subsequent Events

3 Months Ended

Mar. 31, 2018

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Note 16 – Subsequent Events

Commercial Loan

On April 27, 2018, the Company closed on the Commercial Loan. The Commercial Loan provides the Company both a term loan facility and a revolving line of credit facility totaling $7.5 million, to be used for working capital and other purposes. The term loan of $5.0 million was advanced to the Company at closing. The term loan bears interest at a rate of 5.75% per annum and is payable monthly together with principal, over a five-year period.

The revolving line of credit of $2.5 million bears interest at the prime rate plus 1.5% per annum, and interest only is payable monthly over a three-year period, until such time as the loan is renewed or becomes due. Approximately $2.2 million of the revolving line of credit was advanced to the Company at closing. Simultaneously with the closing of the Commercial Loan, the Credit Facility was repaid in full and the Credit Facility was terminated by the Company and the Lender.

Repurchase Program

On March 27, 2018, the board of directors of the Company approved a stock repurchase program (the “Repurchase Program”) that enables the Company to repurchase up to $5 million of its Class A common stock prior to April 30, 2020. All repurchases under the Repurchase Program shall be made in compliance with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended (the “Act”).

Under the Repurchase Program, the Company may purchase its shares of Class A common stock through various means, including open market transactions, privately negotiated transactions, tender offers or any combination thereof. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, stock price, trading volume and general market conditions, along with our working capital requirements, general business conditions and other factors. The Repurchase Program may be modified, suspended or terminated at any time by the Company’s board of directors. Repurchases under the Repurchase Program will be funded from the Company’s existing cash and cash equivalents or future cash flow and equity or debt financings.

As of May 9, 2018, the Company has repurchased, subject to the maximum amounts permitted under the Act, 33,707 shares of its Class A common stock pursuant to the Repurchase Program.

Summary of Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2018

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

Inventory, Policy [Policy Text Block]

Inventory

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

Programming Costs

Film Costs, Policy [Policy Text Block]

Film Library

Popcornflix Film Rights and Other Assets, Policy [Policy Text Block]

Popcornflix Film Rights and Other Assets

Income Tax, Policy [Policy Text Block]

Income Taxes

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

Long-Lived Assets

Film Library Acquisition Obligations, Policy [Policy Text Block]

Film Library Acquisition Obligations

Participation Costs, Policy [Policy Text Block]

Accrued Participation Costs

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Cash advances received by the Company 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

Earnings Per Share, Policy [Policy Text Block]

Earnings Per Share

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

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash in bank, revenue and accounts receivable.

Reclassification, Policy [Policy Text Block]

Reclassification

Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2018

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

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

Stock options activity as of March 31, 2018 is as follows:

	Number of Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contract Term (Yrs.)		Aggregate Intrinsic Value

Total outstanding at December 31, 2017		690,000	$	7.61		4.32	$	1,079,500
Options granted		10,000		9.22		4.77		-
Options exercised		-		-		-		-
Actual options forfeited		-		-		-		-
Options expired		-		-		-		-
Total outstanding at March 31, 2018		700,000	$	7.63		4.08	$	189,101
Total exercisable at March 31, 2018		271,252	$	6.93		3.85	$	117,543
Total unvested at March 31, 2018		428,748	$	8.08		4.23	$	71,558
Total vested or expected to vest - March 31, 2018		700,000	$	7.63		4.08	$	189,101

Schedule of Nonvested Share Activity [Table Text Block]

The following table summarizes unvested stock options as of March 31, 2018:

	Number of Stock Options		Weighted Average Exercise Price

Total unvested - December 31, 2017		490,415	$	7.96
Granted		10,000		9.22
Vested		(71,665)		7.47
Cancellations		-		-
Total unvested - March 31, 2018		428,750	$	8.08

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 2018 and 2017 using the Black-Scholes valuation model are summarized below:

	Three Months Ended March 31,
Weighted Average Assumptions:	2018			2017

Expected dividend yield		0.0	%		0.0	%
Expected equity volatility		57.2	%		57.0	%
Expected term (years)		2.57			2.34
Risk-free interest rate		2.05	%		1.9	%
Exercise price per stock option	$	7.63		$	6.83
Market price per share	$	6.95		$	5.78
Weighted average fair value per stock option	$	3.35		$	2.64

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

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
	March 31,
	2018		2017

Basic weighted-average shares outstanding		11,609,992		9,066,034

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		11,609,992		9,066,034

Programming Costs (Tables)

3 Months Ended

Mar. 31, 2018

Research and Development [Abstract]

Programming Costs Net [Table Text Block]

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

	March 31,		December 31,
	2018		2017

Released, net of accumulated amortization of $7,495,763 and $6,725,362, respectively	$	6,297,999	$	6,218,499
In production		15,679		12,784
In development		1,555,763		1,419,862
	$	7,869,441	$	7,651,145

Film Library (Tables)

3 Months Ended

Mar. 31, 2018

Disclosure of Film Library [Abstract]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Film library costs, net of amortization, consists of the following:

	March 31,		December 31,
	2018		2017

Acquisition costs	$	24,344,359		24,034,514
Accumulated amortization		(2,086,299)		(1,378,869)
Net film library costs	$	22,258,060		22,655,645

Income Taxes (Tables)

3 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The Company’s current and deferred income tax provision are as follows:

	Three Months Ended March 31,
	2018		2017
Current provision:
Federal	$	-	$	-
States		41,000		-
Total current provision		41,000		-
Deferred provision:
Federal		251,000		168,000
States		44,000		31,000
Total deferred provision		295,000		199,000
Total provision for income taxes	$	336,000	$	199,000

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	March 31, 2018		December 31, 2017
Deferred tax assets:
Net operating loss carry-forwards	$	96,000	$	318,000
Acquisition-related costs		603,000		584,000
Film library		371,000		371,000
Total deferred tax assets		1,070,000		1,273,000
Deferred tax liabilities:
Programming costs		1,454,000		1,389,000
Other assets		168,000		141,000
Total deferred tax liabilities		1,622,000		1,530,000
Net deferred tax liability	$	552,000	$	257,000

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Year Ended December 31,	Amount
Remainder of 2018	$	302,563
2019		417,206
2020		71,043
	$	790,812

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]

Gross revenue by geographic location, based on the location of the customers for the three months ended March 31, 2018 and 2017, is as follows:

	Three Months Ended March 31,
	2018		2017

United States	$	5,965,093	$	1,417,098
Canada		4,462		-
Europe		17,058		-
Other foreign		47,681		-
	$	6,034,294	$	1,417,098

The Company, Description of Business, Initial Public Offering and Acquisition (Details Textual) - USD ($)		1 Months Ended			3 Months Ended
	Nov. 03, 2017	Aug. 17, 2017	Jun. 30, 2017	May 31, 2016	Mar. 31, 2018	Mar. 31, 2017
Stock Issued During Period, Shares, New Issues		2,241,983
Repayments of Notes Payable		$ 4,100,000
Repayments of Lines of Credit		4,500,000			$ 0	$ 980,000
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			$ 12
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
Common Class A [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] \| 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] \| 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		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Aug. 17, 2017
Cost of Revenue	$ 3,103,062	$ 474,206
Cash, Uninsured Amount	1,074,010		$ 1,422,001
Provision for Doubtful Accounts	87,632	0
Amortization of Intangible Assets	1,454,140	0
Theatrically Released Titles [Member]
Advertising Expense	224,442	0
DVD Releases [Member]
Advertising Expense	$ 1,435	$ 0
Sales Revenue, Net [Member]
Concentration Risk, Percentage	10.00%
Sales Revenue, Net [Member] \| Customer Concentration Risk [Member]
Concentration Risk, Percentage	44.00%	86.00%
Sales Revenue, Net [Member] \| Customer Concentration Risk [Member] \| Major Customer [Member]
Concentration Risk, Percentage	19.00%
Accounts Receivable [Member]
Cost of Revenue	$ 770,401	$ 474,206
Concentration Risk, Percentage	10.00%
Allowance for Doubtful Accounts Receivable	$ 636,801		$ 597,665
Provision for Doubtful Accounts	$ 87,632	$ 0
Accounts Receivable [Member] \| Customer Concentration Risk [Member]
Concentration Risk, Percentage	59.00%		73.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Major Customer [Member]
Concentration Risk, Percentage	36.00%		58.00%
Common Class A [Member]
Shares Issued, Price Per Share	$ 12			$ 12.00

Share-Based Compensation (Details) - USD ($)	3 Months Ended		12 Months Ended
Share-Based Compensation (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Total unvested at March 31, 2018	428,750		490,415
Weighted Average Exercise Price, beginning of the period	$ 7.96
Weighted Average Exercise Price, granted	3.35	$ 2.64
Weighted Average Exercise Price, end of the period	$ 8.08		$ 7.96
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock Options, Total outstanding at the beginning of the period	690,000
Number of Stock Options, Options granted	10,000
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	700,000		690,000
Number of Stock Options, Total exercisable at March 31, 2018	271,252
Number of Stock Options, Total unvested at March 31, 2018	428,748
Number of Stock Options, Total vested or expected to vest - March 31, 2018	700,000
Weighted Average Exercise Price, beginning of the period	$ 7.61
Weighted Average Exercise Price, granted	9.22
Weighted Average Exercise Price, end of the period	7.63		$ 7.61
Weighted Average Exercise Price, Total exercisable at March 31, 2018	6.93
Weighted Average Exercise Price, Total unvested at March 31, 2018	8.08
Weighted Average Exercise Price, Total vested or expected to vest - March 31, 2018	$ 7.63
Weighted Average Remaining Contract Term, Total outstanding	4 years 29 days		4 years 3 months 25 days
Weighted Average Remaining Contract Term, Options granted	4 years 9 months 7 days
Weighted Average Remaining Contract Term, Total exercisable at March 31, 2018	3 years 10 months 6 days
Weighted Average Remaining Contract Term, Total unvested at March 31, 2018	4 years 2 months 23 days
Weighted Average Remaining Contract Term, Total vested or expected to vest - March 31, 2018	4 years 29 days
Aggregate Intrinsic Value, Total outstanding Balance	$ 189,101		$ 1,079,500
Aggregate Intrinsic Value, Options granted	0
Aggregate Intrinsic Value, Total exercisable at March 31, 2018	117,543
Aggregate Intrinsic Value, Total unvested at March 31, 2018	71,558
Aggregate Intrinsic Value, Total vested or expected to vest - March 31, 2018	$ 189,101

Share-Based Compensation (Details 1)	3 Months Ended
Share-Based Compensation (Details 1)	Mar. 31, 2018 $ / shares shares
Number of Stock Options, Total unvested - December 31, 2017 \| shares	490,415
Number of Stock Options, Granted \| shares	10,000
Number of Stock Options, Vested \| shares	(71,665)
Number of Stock Options, Cancellations \| shares	0
Number of Stock Options, Total unvested - March 31, 2018 \| shares	428,750
Weighted Average Exercise Price, beginning of the period \| $ / shares	$ 7.96
Weighted Average Exercise Price, Granted \| $ / shares	9.22
Weighted Average Exercise Price, Vested \| $ / shares	7.47
Weighted Average Exercise Price, Cancellations \| $ / shares	0
Weighted Average Exercise Price, end of the period \| $ / shares	$ 8.08

Share-Based Compensation (Details 2) - $ / shares	3 Months Ended
Share-Based Compensation (Details 2) - $ / shares	Mar. 31, 2018	Mar. 31, 2017
Valuation assumptions:
Expected dividend yield	0.00%	0.00%
Expected equity volatility	57.20%	57.00%
Expected term (years)	2 years 6 months 25 days	2 years 4 months 2 days
Risk-free interest rate	2.05%	1.90%
Exercise price per stock option	$ 7.63	$ 6.83
Market price per share	6.95	5.78
Weighted average fair value per stock option	$ 3.35	$ 2.64

Share-Based Compensation (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
Share-Based Compensation (Details Textual) - USD ($)	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jan. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 254,195	$ 132,785
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 1,541,734
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	271,252	44,221
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,000,000					1,250,000
Scenario, Forecast [Member] \| Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense			$ 343,872	$ 510,278	$ 687,584
Straight-line [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 229,195	$ 116,600
Management [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 25,000	$ 16,185

Earnings Per Share (Details) - shares

3 Months Ended

Mar. 31, 2018

Mar. 31, 2017

Basic weighted-average shares outstanding

11,609,992

9,066,034

Effect of dilutive securities:

Assumed issuance of shares from exercise of stock options

^[1]

Assumed issuance of shares from exercise of warrants

^[1]

Diluted weighted-average shares outstanding

11,609,992

9,066,034

[1]	(a) The additional shares from the exercise of stock options and warrants for the three month periods ended March 31, 2018 and 2017 are anti-dilutive in nature, and as a result are excluded from the determination of diluted weighted-average shares outstanding.

Programming Costs (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Programming Costs [Line Items]
Released, net of accumulated amortization of $7,495,763 and $6,725,362, respectively	$ 6,297,999	$ 6,218,499
In production	15,679	12,784
In development	1,555,763	1,419,862
Capitalized Computer Software, Net	$ 7,869,441	$ 7,651,145

Programming Costs (Details) (Parenthetical) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Programming Costs [Line Items]
Capitalized Computer Software, Accumulated Amortization	$ 7,495,763	$ 6,725,362

Film Library (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Acquisition costs	$ 24,344,359	$ 24,034,514
Accumulated amortization	(2,086,299)	(1,378,869)
Net film library costs	$ 22,258,060	$ 22,655,645

Film Library (Details Textual) - USD ($)	3 Months Ended
Film Library (Details Textual) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Cost of Services, Amortization	$ 1,454,140	$ 0
Film Libraries [Member]
Cost of Services, Amortization	$ 707,430	$ 0

Intangible Asset - Video Content License (Details Textual) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Intangible Assets, Net (Excluding Goodwill)	$ 5,000,000	$ 5,000,000

Senior Secured Revolving Line of Credit and Senior Secured Notes Payable (Details Textual) - USD ($)		1 Months Ended			3 Months Ended
	May 12, 2016	Aug. 23, 2017	Aug. 17, 2017	Jun. 30, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	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)					0	$ 364,311
Line of Credit Facility, Maximum Borrowing Capacity					$ 1,700,000
Warrants Expiration Date					May 12, 2021
Repayments of Lines of Credit			$ 4,500,000		$ 0	980,000
Long-term Line of Credit					1,700,000		$ 1,500,000
Revolving Credit Facility [Member]
Amortization of Debt Discount (Premium)						81,045
Amortization of Debt Issuance Costs						1,422
Line of Credit Facility, Maximum Borrowing Capacity	$ 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
Interest Paid					$ 21,555	38,520
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)						283,266
Amortization of Debt Issuance Costs						20,454
Debt Instrument, Periodic Payment, Interest						$ 41,789

Stockholders' Equity (Details Textual) - USD ($)	1 Months Ended			3 Months Ended		6 Months Ended	7 Months Ended	12 Months Ended
Stockholders' Equity (Details Textual) - USD ($)	Aug. 17, 2017	Jun. 30, 2017	May 31, 2016	Mar. 31, 2018	Mar. 31, 2017	Nov. 30, 2016	May 31, 2017	May 31, 2017	Dec. 31, 2017
Preferred Stock, Par or Stated Value Per Share				$ 0.0001					$ 0.0001
Preferred Stock, Shares Authorized				10,000,000					10,000,000
Proceeds from Issuance of Private Placement				$ 0	$ 925,662
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
Class of Warrant or Right, Exercise Price of Warrants or Rights							$ 7.50	$ 7.50
Class of Warrant or Right, Expiration Date								Jun. 30, 2021
Sale of Stock, Price Per Share							$ 60	$ 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	45,034
Class of Warrant or Right, Exercise Price of Warrants or Rights							$ 7.50	$ 7.50
Class of Warrant or Right, Expiration Date							Jun. 30, 2021
Sale of Stock, Price Per Share							$ 65	$ 65
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				3,750,554					3,746,054
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
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				7,859,438					7,863,938
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) - USD ($)	3 Months Ended
Income Taxes (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Current provision:
Federal	$ 0	$ 0
States	41,000	0
Total current provision	41,000	0
Deferred provision:
Federal	251,000	168,000
States	44,000	31,000
Total deferred provision	295,000	(147,000)
Total provision for income taxes	$ 336,000	$ 199,000

Income Taxes (Details 1) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Net operating loss carry-forwards	$ 96,000	$ 318,000
Acquisition-related costs	603,000	584,000
Film library	371,000	371,000
Total deferred tax assets	1,070,000	1,273,000
Deferred tax liabilities:
Programming costs	1,454,000	1,389,000
Other assets	168,000	141,000
Total deferred tax liabilities	1,622,000	1,530,000
Net deferred tax liability	$ 552,000	$ 257,000

Income Taxes (Details Textual)	3 Months Ended	12 Months Ended
Income Taxes (Details Textual)	Mar. 31, 2018	Dec. 31, 2018
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization, Percent	35.00%
Scenario, Plan [Member]
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization, Percent		21.00%

Related Party Transactions (Details Textual) - USD ($)	1 Months Ended	3 Months Ended
Related Party Transactions (Details Textual) - USD ($)	May 31, 2016	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Sep. 30, 2016	Mar. 31, 2016
Related Party Transaction [Line Items]
Management Fee Expense, Percenatge						5.00%
License Costs		$ 571,395	$ 141,710
Prepaid Distribution Costs		1,846,529		$ 1,892,806
Sales Revenue, Goods, Net		5,713,945	1,417,098
Proceeds from Issuance of Private Placement		0	$ 925,662
Due from Affiliates		6,003,404		6,128,629
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		661,866	$ 86,310
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		30,851	$ 86,310
Debt Private Placement [Member]
Related Party Transaction [Line Items]
Proceeds from Notes Payable		2,030,000
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		285,697	70,855
Sales Commission, Percentage						20.00%
License Costs	$ 5,000,000	285,697	$ 70,855
Payments for License Fees	$ 1,500,000
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%
Investor [Member] \| A Sharp Inc [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners					23.00%
Third Parties [Member] \| A Sharp Inc [Member]
Related Party Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners					2.00%
Subsidiary of Soul LLC [Member] \| A Sharp Inc [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage					75.00%
Chicken Soup for the Soul, LLC [Member]
Related Party Transaction [Line Items]
Due from Affiliates		$ 6,003,404		$ 6,128,629

Commitments and Contingencies (Details)	Dec. 31, 2017 USD ($)
Remainder of 2018	$ 302,563
2019	417,206
2020	71,043
Operating Leases, Future Minimum Payments Due	$ 790,812

Commitments and Contingencies (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Letters of Credit Outstanding, Amount	$ 129,986		$ 129,986
Operating Leases, Rent Expense	$ 105,462	$ 0

Segment Reporting (Details) - USD ($)	3 Months Ended
Segment Reporting (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Revenues	$ 6,034,294	$ 1,417,098
UNITED STATES
Revenues	5,965,093	1,417,098
CANADA
Revenues	4,462	0
Europe
Revenues	17,058	0
Other foreign
Revenues	$ 47,681	$ 0

Segment Reporting (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
Segment Reporting (Details Textual) - USD ($)	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Revenues	$ 6,034,294	$ 1,417,098
Customer One [Member]
Revenues	1,200,000	1,100,000
Customer Two [Member]
Revenues	$ 1,000,000	$ 200,000
Sales Revenue, Net [Member]
Concentration Risk, Percentage	10.00%
Sales Revenue, Net [Member] \| Customer One [Member]
Concentration Risk, Percentage	19.00%	74.00%
Sales Revenue, Net [Member] \| Customer Two [Member]
Concentration Risk, Percentage	17.00%	11.00%
Accounts Receivable [Member]
Concentration Risk, Percentage	10.00%
Accounts Receivable [Member] \| Customer One [Member]
Concentration Risk, Percentage	36.00%		58.00%
Accounts Receivable, Related Parties	$ 3,200,000		$ 4,800,000
Accounts Receivable [Member] \| Customer Two [Member]
Concentration Risk, Percentage	23.00%
Accounts Receivable, Related Parties	$ 2,100,000

Subsequent Events (Details Textual) - USD ($)		1 Months Ended	3 Months Ended
Subsequent Events (Details Textual) - USD ($)	May 09, 2018	Apr. 27, 2018	Mar. 31, 2018	Mar. 31, 2017	Mar. 27, 2018	May 12, 2016
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 1,700,000
Proceeds from Lines of Credit			$ 200,000	$ 3,225,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 7,500,000
Proceeds from Lines of Credit		$ 5,000,000
Debt Instrument, Interest Rate, Stated Percentage		5.75%
Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						$ 4,500,000
Revolving Credit Facility [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 2,500,000
Proceeds from Long-term Lines of Credit		$ 2,200,000
Revolving Credit Facility [Member] \| Subsequent Event [Member] \| Prime Rate [Member]
Subsequent Event [Line Items]
Debt Instrument, Description of Variable Rate Basis		prime rate plus 1.5%
Common Class A [Member]
Subsequent Event [Line Items]
Stock Repurchase Program, Authorized Amount					$ 5,000,000
Common Class A [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Stock Repurchased During Period, Shares	33,707