Dolphin Entertainment (DLPN) 10-Q 14 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 11, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	001-38331
Entity Registrant Name	DOLPHIN ENTERTAINMENT, INC.
Entity Central Index Key	0001282224
Entity Tax Identification Number	86-0787790
Entity Incorporation, State or Country Code	FL
Entity Address, Address Line One	150 Alhambra Circle
Entity Address, Address Line Two	Suite 1200
Entity Address, City or Town	Coral Gables
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33134
City Area Code	305
Local Phone Number	774-0407
Title of 12(b) Security	Common Stock, $0.015 par value per share
Trading Symbol	DLPN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		11,162,026

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current
Cash and cash equivalents	$ 5,659,883	$ 6,432,731
Restricted cash	925,004	1,127,960
Accounts receivable:
Trade, net of allowance of $1,450,093 and $1,456,752, respectively	5,623,999	5,817,615
Other receivables	6,073,074	6,643,960
Other current assets	569,572	701,335
Total current assets	18,851,532	20,723,601
Capitalized production costs, net	568,929	2,295,275
Employee receivable	960,668	796,085
Right-of-use asset	4,140,985	5,599,736
Goodwill	21,622,279	25,220,085
Intangible assets, net	10,808,498	11,209,664
Property, equipment and leasehold improvements, net	131,321	194,223
Other long-term assets	216,305	216,305
Total Assets	57,300,517	66,254,974
LIABILITIES
Accounts payable	1,555,959	6,892,349
Term loan, current portion	1,045,152	980,651
Notes payable, current portion	3,900,000	3,500,000
Revolving line of credit		400,000
Accrued interest – related party	1,910,915	1,718,009
Accrued compensation – related party	2,625,000	2,625,000
Lease liability, current portion	1,839,587	2,192,213
Deferred revenue	745,489	1,451,709
Contingent consideration	436,000
Other current liabilities	10,747,662	7,694,114
Total current liabilities	24,805,764	27,454,045
Term loan, noncurrent portion	3,710,233	4,501,963
Revolving line of credit, noncurrent portion	400,000
Notes payable	2,980,000	3,380,000
Convertible notes payable	5,100,000	5,100,000
Convertible note payable at fair value	300,000	355,000
Loan from related party	3,217,873	1,107,873
Lease liability	2,844,526	4,068,642
Deferred tax liability	322,137	306,691
Warrant liability		5,000
Other noncurrent liabilities	18,915	18,915
Total Liabilities	43,699,448	46,298,129
STOCKHOLDERS’ EQUITY
Preferred Stock, Series C, $0.001 par value, 50,000 shares authorized, 50,000 shares issued and outstanding at September 30, 2024 and December 31, 2024	1,000	1,000
Common stock, $0.015 par value, 200,000,000 shares authorized, 11,112,492 and 9,109,766 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	166,687	136,646
Additional paid-in capital	157,688,200	153,430,403
Accumulated deficit	(144,254,818)	(133,611,204)
Total Stockholders’ Equity	13,601,069	19,956,845
Total Liabilities and Stockholders’ Equity	$ 57,300,517	$ 66,254,974

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Net of allowance	$ 1,450,093	$ 1,456,752
Common stock, par value	$ 0.015	$ 0.015
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	11,112,492	9,109,766
Common stock, shares outstanding	11,112,492	9,109,766
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000	50,000
Preferred stock, shares issued	50,000	50,000
Preferred stock, shares outstanding	50,000	50,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenues	$ 12,682,437	$ 10,184,511	$ 39,367,418	$ 31,100,867
Expenses:
Direct costs	254,574	185,308	2,790,043	621,449
Payroll and benefits	9,575,596	8,382,659	28,344,865	26,114,881
Selling, general and administrative	1,838,765	2,150,889	5,665,365	6,023,954
Acquisition costs	148,798	4,666	164,044	8,823
Depreciation and amortization	636,782	535,740	1,745,579	1,612,776
Impairment of goodwill	6,480,992		6,671,557	6,517,400
Impairment of intangible assets		341,417		341,417
Impairment of notes receivable	1,270,000		1,270,000
Change in fair value of contingent consideration				33,226
Legal and professional	631,629	695,188	1,825,588	1,955,037
Total expenses	20,837,136	12,295,867	48,477,041	43,228,963
Loss from operations	(8,154,699)	(2,111,356)	(9,109,623)	(12,128,096)
Other (expenses) income:
Change in fair value of convertible note	(10,000)		55,000	(6,444)
Change in fair value of warrants			5,000	5,000
Interest income	3,391	104,303	9,991	309,424
Interest expense	(533,454)	(604,669)	(1,559,276)	(1,413,177)
Total other (expenses) income, net	(540,063)	(500,366)	(1,489,285)	(1,105,197)
Loss before income taxes and equity in losses of unconsolidated affiliates	(8,694,762)	(2,611,722)	(10,598,908)	(13,233,293)
Income tax benefit (expense)	2,373	(31,059)	(44,706)	(91,243)
Net loss before equity in losses of unconsolidated affiliates	(8,692,389)	(2,642,781)	(10,643,614)	(13,324,536)
Equity in losses of unconsolidated affiliates		(1,220,547)		(1,467,356)
Net loss	$ (8,692,389)	$ (3,863,328)	$ (10,643,614)	$ (14,791,892)
Loss per share:
Basic	$ (0.80)	$ (0.55)	$ (1.07)	$ (2.22)
Diluted	$ (0.80)	$ (0.55)	$ (1.07)	$ (2.22)
Weighted average number of shares outstanding:
Basic	10,930,286	7,060,638	9,964,607	6,664,069
Diluted	10,930,286	7,060,638	9,964,607	6,664,069

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (10,643,614)	$ (14,791,892)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,745,579	1,612,776
Share-based compensation	323,948	268,154
Share-based consulting fees	36,769
Amortization of capitalized production costs	1,781,810
Equity in losses of unconsolidated affiliates		297,769
Impairment of equity method investment		1,169,587
Impairment of goodwill	6,671,557	6,517,400
Impairment of notes receivable	1,270,000
Impairment of intangible assets		341,417
Impairment of capitalized production costs		49,412
Write-off of debt origination costs		91,859
Allowance for credit losses	301,030	566,610
Change in fair value of contingent consideration		33,226
Change in fair value of warrants	(5,000)	(5,000)
Change in fair value of convertible notes	(55,000)	6,444
Deferred income tax expense, net	15,446	91,244
Debt origination costs amortization	12,617	13,229
Changes in operating assets and liabilities:
Accounts receivable, trade and other	821,042	1,673,559
Other current assets	131,763	(430,217)
Capitalized production costs	(55,464)	(521,275)
Other long-term assets and employee receivable	(164,583)	(134,397)
Deferred revenue	(706,219)	374,269
Accounts payable	(5,340,875)	(1,120,809)
Accrued interest – related party	192,906	(120,802)
Other current liabilities	2,711,309	(851,107)
Lease liability, operating leases	(121,144)	(24,101)
Lease liability, finance leases	68,070
Net cash used in operating activities	(1,008,053)	(4,892,645)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of fixed assets	(1,510)	(21,893)
Issuance of notes receivable	(1,380,000)
Proceeds from notes receivable repayment	110,000
Acquisition of Elle Communications LLC, net of cash acquired	(1,186,777)
Net cash used in investing activities	(2,458,287)	(21,893)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from equity line of credit agreement	1,185,300	2,162,150
Proceeds from related party loan	2,110,000
Cash settlement of contingent consideration for Be Social		(506,587)
Proceeds from convertible notes payable		1,000,000
Proceeds from term loan		5,800,000
Repayment of term loan	(739,847)	(2,972,402)
Proceeds from revolving line of credit	400,000
Repayment of revolving line of credit	(400,000)
Proceeds from notes payable		2,630,000
Repayment of notes payable		(88,101)
Early payment penalty on debt refinancing		(79,286)
Debt origination costs		(84,391)
Principal payments on finance leases	(64,917)	(14,180)
Net cash provided by financing activities	2,490,536	7,847,203
Net (decrease) increase in cash and cash equivalents and restricted cash	(975,804)	2,932,665
Cash and cash equivalents and restricted cash, beginning of period	7,560,691	7,197,849
Cash and cash equivalents and restricted cash, end of period	6,584,887	10,130,514
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Interest paid	903,339	1,216,956
Lease liabilities arising from obtaining right-of-use assets	76,321	159,090
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Settlement of contingent consideration for Be Social in shares of common stock		265,460
Issuance of shares of common stock related to the Elle Communications LLC acquisition	1,768,792
Settlement of Special Projects working capital adjustment in shares of common stock	886,077
Contingent consideration for Elle Communications, LLC acquisition	436,000
Issuance of shares of common stock for the conversion of two convertible notes payable		900,000
Cash and cash equivalents	5,659,883	6,406,646
Restricted cash	925,004	3,723,868
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$ 6,854,887	$ 10,130,514

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 1,000	$ 92,555	$ 143,212,016	$ (109,214,479)	$ 34,091,092
Beginning balance, shares at Dec. 31, 2022	50,000	6,170,332
Net loss				(2,969,320)	(2,969,320)
Issuance of shares to Lincoln Park Capital, LLC		$ 1,875	527,575		529,450
Issuance of shares to Lincoln Park Capital Fund, LLC, shares		125,000
Issuance of shares related to employment agreements		$ 275	74,366		74,641
Issuance of shares related to employment agreements, shares		18,336
Ending balance, value at Mar. 31, 2023	$ 1,000	$ 94,705	143,813,957	(112,183,799)	31,725,863
Ending balance, shares at Mar. 31, 2023	50,000	6,313,668
Net loss				(7,959,244)	(7,959,244)
Issuance of shares to Lincoln Park Capital, LLC		$ 4,500	1,077,350		1,081,850
Issuance of shares to Lincoln Park Capital Fund, LLC, shares		300,000
Issuance of shares related to employment agreements		$ 339	90,220		90,559
Issuance of shares related to employment agreements, shares		22,623
Conversion of convertible note payable		$ 3,375	896,625		900,000
Issuance of shares related to the Be Social acquisition		1,091	264,369		265,460
Ending balance, value at Jun. 30, 2023	$ 1,000	$ 104,010	146,142,521	(120,143,043)	26,104,488
Ending balance, shares at Jun. 30, 2023	50,000	6,934,002
Beginning balance, value at Mar. 31, 2023	$ 1,000	$ 94,705	143,813,957	(112,183,799)	31,725,863
Beginning balance, shares at Mar. 31, 2023	50,000	6,313,668
Conversion of convertible note payable, shares		225,000
Issuance of shares related to the Be Social acquisition, shares		72,711
Ending balance, value at Jun. 30, 2024	$ 1,000	$ 151,473	155,837,926	(135,562,429)	20,427,970
Ending balance, shares at Jun. 30, 2024	50,000	10,098,208
Beginning balance, value at Jun. 30, 2023	$ 1,000	$ 104,010	146,142,521	(120,143,043)	26,104,488
Beginning balance, shares at Jun. 30, 2023	50,000	6,934,002
Net loss				(3,863,328)	(3,863,328)
Issuance of shares to Lincoln Park Capital, LLC		$ 2,250	548,600		550,850
Issuance of shares to Lincoln Park Capital Fund, LLC, shares		150,000
Issuance of shares related to employment agreements		$ 431	102,523		102,954
Issuance of shares related to employment agreements, shares		28,742
Ending balance, value at Sep. 30, 2023	$ 1,000	$ 106,691	146,793,644	(124,006,371)	22,894,964
Ending balance, shares at Sep. 30, 2023	50,000	7,112,744
Beginning balance, value at Dec. 31, 2023	$ 1,000	$ 136,646	153,430,403	(133,611,204)	19,956,845
Beginning balance, shares at Dec. 31, 2023	50,000	9,109,766
Net loss				(326,767)	(326,767)
Issuance of shares to Lincoln Park Capital, LLC		$ 2,625	492,575		495,200
Issuance of shares to Lincoln Park Capital Fund, LLC, shares		175,000
Share-based compensation			4,884		4,884
Issuance of shares related to employment agreements		$ 524	100,353		100,877
Issuance of shares related to employment agreements, shares		34,961
Issuance of shares related to services received		$ 188	36,581		36,769
Issuance of shares related to services received, shares		12,500
Ending balance, value at Mar. 31, 2024	$ 1,000	$ 139,983	154,064,796	(133,937,971)	20,267,808
Ending balance, shares at Mar. 31, 2024	50,000	9,332,227
Net loss				(1,624,458)	(1,624,458)
Issuance of shares to Lincoln Park Capital, LLC		$ 4,500	685,600		690,100
Issuance of shares to Lincoln Park Capital Fund, LLC, shares		300,000
Share-based compensation		$ 23	4,615		4,638
Issuance of shares related to employment agreements		$ 1,389	202,416		203,805
Issuance of shares related to employment agreements, shares		92,592
Share-based compensation, shares		1,548
Issuance of shares related to Special Projects acquisition		$ 5,360	880,717		886,077
Issuance of shares related to Special Projects acquisition, shares		357,289
Issuance of shares related to asset acquisition of GlowLab Collective LLC		$ 218	(218)
Issuance of shares related to asset acquisition of GlowLab Collective LLC, shares		14,552
Ending balance, value at Jun. 30, 2024	$ 1,000	$ 151,473	155,837,926	(135,562,429)	20,427,970
Ending balance, shares at Jun. 30, 2024	50,000	10,098,208
Net loss				(8,692,389)	(8,692,389)
Share-based compensation		21	3,704		3,725
Issuance of shares related to employment agreements		$ 773	92,198		92,971
Issuance of shares related to employment agreements, shares		51,563
Share-based compensation, shares		1,421
Issuance of shares related to Elle Communications, LLC acquisition		$ 14,420	1,754,372		1,768,792
Issuance of shares related to Elle Communications, LLC acquisition, shares		961,300
Ending balance, value at Sep. 30, 2024	$ 1,000	$ 166,687	$ 157,688,200	$ (144,254,818)	$ 13,601,069
Ending balance, shares at Sep. 30, 2024	50,000	11,112,492

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure [Table]
Net Income (Loss)	$ (8,692,389)	$ (3,863,328)	$ (10,643,614)	$ (14,791,892)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

GENERAL

GENERAL	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
GENERAL	NOTE 1 – GENERAL Dolphin Entertainment, Inc., a Florida corporation (the “Company,” “Dolphin,” “we,” “us” or “our”), is a leading independent entertainment marketing and production company. Through its subsidiaries 42West LLC (“42West”) including BHI Communications Inc (“BHI”) that merged with 42West effective January 1, 2024, The Door Marketing Group, LLC (“The Door”), Shore Fire Media, Ltd (“Shore Fire”), The Digital Dept., LLC (“The Digital Dept.”) formerly known as Socialyte, LLC (“Socialyte”) and Be Social Public Relations LLC (“Be Social”) that merged effective January 1, 2024, Special Projects LLC (“Special Projects”), Always Alpha Sports Management, LLC (“Always Alpha”) and Elle Communications, LLC (“Elle”), the Company provides expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the motion picture, television, music, gaming, culinary, hospitality and lifestyle industries. 42West (Film and Television, Gaming), Shore Fire (Music), The Door (Culinary, Hospitality, Lifestyle) and Elle (Impact, Philanthropy, Non-Profit) are each recognized global PR and marketing leaders for the industries they serve. The Digital Dept. (formerly, Socialyte and Be Social) and newly formed Always Alpha, provide influencer marketing capabilities through divisions dedicated to influencer talent management, brand campaign strategy and execution, and influencer event ideation and production. Always Alpha is a talent management firm primarily focused on representing female athletes, broadcasters and coaches. The Digital Dept. is a talent management firm primarily focused on social media influencers in beauty, fashion, lifestyle and dermatology. Special Projects is the entertainment industry’s leading celebrity booking firm, specializing in uniting brands and events with celebrities and influencers across the entertainment, media, fashion, consumer product and tech industries. Dolphin’s legacy content production business, founded by our Emmy-nominated Chief Executive Officer, Bill O’Dowd, has produced multiple feature films and award-winning digital series, primarily aimed at family and young adult markets. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Dolphin, and all of its wholly owned subsidiaries, comprising Dolphin Films, Inc. (“Dolphin Films”), Dolphin SB Productions LLC, Dolphin Max Steel Holdings, LLC, Dolphin JB Believe Financing, LLC, Dolphin JOAT Productions, LLC, Always Alpha, 42West, The Door, Viewpoint Computer Animation, Incorporated (“Viewpoint”), Shore Fire, The Digital Dept. and Special Projects. During the nine months ended September 30, 2024, the Company ceased the operations of Viewpoint. The Company applies the equity method of accounting for its investments in entities for which it does not have a controlling financial interest, but over which it has the ability to exert significant influence. The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of its financial position as of September 30, 2024, and its results of operations and cash flows for the three and nine months ended September 30, 2024 and 2023. All significant inter-company balances and transactions have been eliminated from the condensed consolidated financial statements. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2024. The condensed consolidated balance sheet as of December 31, 2023 has been derived from the audited financial statements at that date but does not include all the information and footnotes required by U.S. GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements should be read together with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023. On October 16, 2024, the Company filed an amendment to its Amended and Restated Articles of Incorporation with the Secretary of State of the State of Florida to effect a 1-for-2 reverse stock split Use of Estimates The preparation of financial statements in conformity with U.S. 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 expenses during the reporting period. The most significant estimates made by management in the preparation of the financial statements relate to the estimates in the fair value of acquisitions, estimates in assumptions used to calculate the fair value of certain liabilities and impairment assessments for investment in capitalized production costs, goodwill and long-lived assets. Actual results could differ materially from such estimates. Reclassifications Certain prior year amounts have been reclassified to conform with the current year presentation. These reclassifications had no impact on the Company’s condensed consolidated statements of operations or condensed consolidated statements of cash flows. Recent Accounting Pronouncements Accounting Guidance Not Yet Adopted In December 2023, the Financial Accounting Standards Board (“FASB”) issued new guidance on income tax disclosures (Accounting Standards Update “ASU” 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”). Among other requirements, this update adds specific disclosure requirements for income taxes, including: (1) disclosing specific categories in the rate reconciliation and (2) providing additional information for reconciling items that meet quantitative thresholds. The guidance is effective for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. Early adoption is permitted. The Company is in the process of evaluating the impact of the adoption of ASU 2023-09 on the Company’s condensed consolidated financial statements and disclosures. In November 2023, the FASB issued new guidance on segment reporting (ASU 2023-08, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”). The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is in the process of evaluating the impact of the adoption of ASU 2023-08 on the Company’s condensed consolidated financial statements and disclosures.

REVENUE

REVENUE	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 2 – REVENUE Disaggregation of Revenue The Company’s principal geographic markets are within the U.S. The following is a description of the principal activities, by reportable segment, from which we generate revenue. For more detailed information about reportable segments, see Note 13. Entertainment Publicity and Marketing The Entertainment Publicity and Marketing (“EPM”) segment generates revenue from diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic marketing consulting and content production of marketing materials. Within the EPM segment, we typically identify one performance obligation, the delivery of professional publicity services, in which we typically act as the principal. Fees are generally recognized on a straight-line or monthly basis, as the services are consumed by our clients, which approximates the proportional performance on such contracts. We also enter into management agreements with a roster of social media influencers, athletes, sports broadcasters and coaches and we are paid a percentage of the revenue earned by them. Due to the short-term nature of these contracts, in which we typically act as the agent, the performance obligation is typically completed and revenue is recognized net at a point in time, typically the date of publication. Content Production The Content Production (“CPD”) segment generates revenue from the production of original motion pictures and other digital content production. In the CPD segment, we typically identify performance obligations depending on the type of service, for which we generally act as the principal. Revenue from motion pictures is recognized upon transfer of control of the licensing rights of the motion picture to the customer. For minimum guarantee licensing arrangements, the amount related to each performance obligation is recognized when the content is delivered, and the window for exploitation rights in that territory has begun, which is the point in time at which the customer is able to begin to use and benefit from the content. For sales or usage-based royalty income, revenue is recognized starting at the exhibition date and is based on the Company’s participation in the box office receipts of the theatrical exhibitor and the performance of the motion picture. In June 2022, the Company entered into an agreement with IMAX Corporation (“IMAX”) to co-produce and co-finance a documentary motion picture on the flight demonstration squadron of the United States Navy called The Blue Angels. On April 25, 2023, IMAX entered into an acquisition agreement with Amazon Content Services, LLC (the “Amazon Agreement”) for the distribution rights of The Blue Angels. During the nine months ended September 30, 2024, we recorded net revenues of $ 3,421,141 The revenues recorded by the EPM and CPD segments is detailed below: Schedule of revenue by major customers by reporting segments For the Three Months Ended September 30, For the Nine Months Ended September 30, 2024 2023 2024 2023 Entertainment publicity and marketing $ 12,682,437 $ 10,184,511 $ 35,946,277 $ 31,100,867 Content production — — 3,421,141 — Total Revenues $ 12,682,437 $ 10,184,511 $ 39,367,418 $ 31,100,867 Contract Balances The opening and closing balances of our contract liability balances from contracts with customers as of September 30, 2024 and December 31, 2023 were as follows: Schedule of contract liability with customers Contract Balance as of December 31, 2023 $ 1,451,709 Balance as of September 30, 2024 745,489 Change $ 706,220 Contract liabilities are recorded when the Company receives advance payments from customers for public relations projects or as deposits for promotional or brand-support video projects. Once the work is performed or the projects are delivered to the customer, the contract liabilities are deemed earned and recorded as revenue. Advance payments received are generally for short duration and are recognized once the performance obligation of the contract is met. Revenues for the three and nine months ended September 30, 2024 and 2023 include the following: Schedule of contract liability with customers Three Months Ended Nine Months Ended 2024 2023 2024 2023 Amounts included in the beginning of year contract liability balance $ 86,167 $ 110,834 $ 1,192,244 $ 1,280,985 The Company’s unsatisfied performance obligations are for contracts that have an original expected duration of one year or less and, as such, the Company is not required to disclose the remaining performance obligation.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 3 — GOODWILL AND INTANGIBLE ASSETS Goodwill As of September 30, 2024, the Company had a balance of $ 21,622,279 The Company evaluates goodwill in the fourth quarter or more frequently if management believes indicators of impairment exist. Such indicators could include but are not limited to (1) a significant adverse change in legal factors or in business climate, (2) unanticipated competition, (3) significant decline in market capitalization or (4) an adverse action or assessment by a regulator. During the third quarter of 2024, the Company’s stock price declined and this, in combination with recurring net losses, resulted in the Company’s market capitalization to be less than the Company’s book value. The Company considered this to be a triggering event, and therefore performed a quantitative analysis of the fair value of goodwill as of August 31, 2024. As a result of this quantitative analysis, during the third quarter of 2024, the Company recorded an impairment of goodwill amounting to $6,480,992, which is included in the condensed consolidated statement of operations for the three and nine months ended September 30, 2024. During the nine months ended September 30, 2024, the Company decided to close the Viewpoint subsidiary, and therefore the Company impaired goodwill for $ 190,565 Intangible Assets Finite-lived intangible assets consisted of the following as of September 30, 2024 and December 31, 2023: Schedule of intangible assets September 30, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Intangible assets subject to amortization: Customer relationships $ 17,592,387 $ 8,749,639 $ 8,842,748 $ 16,512,387 $ 7,445,973 $ 9,066,414 Trademarks and trade names 5,128,583 3,162,833 1,965,750 4,928,583 2,785,333 2,143,250 Non-compete agreements 690,000 690,000 — 690,000 690,000 — $ 23,410,970 $ 12,602,472 $ 10,808,498 $ 22,130,970 $ 10,921,306 $ 11,209,664 Amortization expense associated with the Company’s intangible assets was $ 619,472 503,357 1,681,166 1,512,554 Amortization expense related to intangible assets for the remainder of 2024 and thereafter is as follows: Schedule of amortization expense 2024 $ 1,010,706 2025 2,290,418 2026 2,091,505 2027 1,406,262 2028 1,064,106 Thereafter 2,945,501 $ 10,808,498

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS	NOTE 4 — ACQUISITIONS Elle Communications, LLC On July 15, 2024, (the “Elle Closing Date”), the Company acquired all of the issued and outstanding membership interests of Elle Communications, LLC, a California limited liability company (“Elle”), pursuant to a membership interest purchase agreement (the “Elle Purchase Agreement”) between the Company and Danielle Finck (“Elle Seller”). Headquartered in Los Angeles with offices in New York, Elle is an entertainment public relations agency specializing in social and environmental impact for a client roster of mission-centered brands, nonprofits and philanthropic foundations, social enterprises, sustainability and ethically made products and activists. The total consideration paid by the Company in connection with the acquisition of Elle was approximately $4.8 million, which is subject to adjustments based on a customary working capital and excess cash consideration adjustment. On the Elle Closing Date, the Company paid the Elle Seller $ 1,863,000 961,300 The Elle Seller has the right to earn up to an additional $450,000 consideration (the “Contingent Consideration”) for the acquisition, contingent on achieving certain financial targets in 2024 as specified in the Elle Purchase Agreement. The Contingent Consideration is payable in cash and the Company calculated a preliminary fair value for the contingent consideration of $ 436,000 As part of the Elle Purchase Agreement, the Company entered into employment agreements with Danielle Fink and Silvie Snow Thomas, a key employee, each for a period of four years. The following table summarizes the fair value of the consideration transferred: Schedule of consideration transferred Cash paid to sellers at closing $ 1,863,000 Working capital and excess cash adjustment 744,970 Fair value of common stock issued to the Elle Seller 1,768,792 Contingent consideration 436,000 Fair value of the consideration transferred $ 4,812,762 The following table summarizes the fair values of the assets acquired and liabilities assumed by the acquisition of Elle on the Elle Closing Date. Amounts in the table are estimates that may change, as described below. The measurement period of the acquisition of Elle concludes no later than July 15, 2025. Schedule of assets acquired and liabilities assumed July 15, 2024 Cash $ 676,223 Accounts receivable 357,570 Intangibles 1,280,000 Total identifiable assets acquired 2,313,793 Accounts payable (4,483 ) Accrued expenses and other current liabilities (388,613 ) Total liabilities assumed (393,096 ) Net identifiable assets acquired 1,920,697 Goodwill 2,892,065 Fair value of the consideration transferred $ 4,812,762 Special Projects Media LLC On October 2, 2023, (the “Special Projects Closing Date”), the Company acquired all of the issued and outstanding membership interests of Special Projects Media LLC, a New York limited liability company (“Special Projects”), pursuant to a membership interest purchase agreement (the “Special Projects Purchase Agreement”) between the Company and Andrea Oliveri, Nicole Vecchiarelli, Foxglove Corp and Alexandra Alonso (“Special Projects Sellers”). Headquartered in New York and Los Angeles, Special Projects is a talent booking and events agency that elevates media, fashion, and lifestyle brands. The total consideration paid by the Company in connection with the acquisition of Special Projects was approximately $10.4 million, which is subject to adjustments based on a customary post-closing cash consideration adjustment. On the Special Projects Closing Date, the Company paid the Special Projects Sellers $ 5,000,000 2,500,000 714,578 As part of the Special Projects Purchase Agreement, the Company entered into employment agreements with Andrea Oliveri and Nicole Vecchiarelli, each for a period of four years. The following table summarizes the final fair value of the consideration transferred, after measurement period adjustments: Schedule of consideration transferred Cash paid to sellers at closing $ 5,000,000 Working capital and excess cash adjustment 886,077 Fair value of common stock issued to the Special Projects Sellers 4,525,000 Fair value of the consideration transferred $ 10,411,077 The following table summarizes the fair values of the assets acquired and liabilities assumed by the acquisition of Special Projects on the Special Projects Closing Date. The measurement period of the Special Projects acquisition concluded on October 2, 2024. Schedule of assets acquired and liabilities assumed October 2, 2023 Measurement Period Adjustments ( 1 September 30, 2024 Cash $ 521,821 $ — $ 521,821 Accounts receivable 1,155,871 — 1,155,871 Other current assets 11,338 — 11,338 Right-of-use asset 90,803 — 90,803 Other assets 30,453 — 30,453 Intangibles 3,740,000 — 3,740,000 Total identifiable assets acquired 5,550,286 — 5,550,286 Accounts payable (764,641 ) — (764,641 ) Accrued expenses and other current liabilities (15,000 ) — (15,000 ) Lease liability (90,803 ) — (90,803 ) Deferred revenue (30,000 ) — (30,000 ) Total liabilities assumed (900,444 ) — (900,444 ) Net identifiable assets acquired 4,649,842 4,649,842 Goodwill 5,579,547 181,688 5,761,235 Fair value of the consideration transferred $ 10,229,389 $ 181,688 $ 10,411,077 (1) On May 14, 2024, the Company entered into an agreement with the sellers of Special Projects to amend the Special Projects Purchase Agreement to revise the working capital mechanism to provide that the working capital surplus, as defined in the Special Projects Purchase Agreement, plus a ten percent premium be paid to the sellers of Special Projects by issuing 714,578 shares of its common stock on May 15, 2024. The adjustment resulted in an increase to the purchase price and an increase to goodwill. Unaudited Pro Forma Consolidated Statements of Operations The following presents the unaudited pro forma consolidated operations as if Special Projects and Elle had been acquired on January 1, 2023: Schedule of Business acquisition, pro forma information, nonrecurring adjustments Nine Months Ended September 30, 2024 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Revenue $ 42,012,636 $ 14,573,975 $ 40,228,563 Net Loss $ (10,423,526 ) $ (3,918,194 ) $ (14,041,056 ) The pro forma amounts for 2023 have been calculated after applying the Company’s accounting policies and adjusting the results of the acquisition to reflect (a) the amortization that would have been charged, assuming the intangible assets resulting from the acquisition had been recorded on January 1, 2023, (b) include interest expense on the BKU Term Loan (see Note 7) in the amount of $56,070 and $175,908 for the three and nine months ended September 30, 2023, respectively, and (c) eliminate $132,000 and $340,610 of revenue and expenses related to work performed by Special Projects for Dolphin The impact of the acquisition of Special Projects and Elle on the Company’s actual results for periods following the acquisition may differ significantly from that reflected in this unaudited pro forma information for several reasons. As a result, this unaudited pro forma information is not necessarily indicative of what the combined company’s financial condition or results of operations would have been had the acquisition been completed on January 1, 2023, as provided in this pro forma financial information. In addition, the pro forma financial information does not purport to project the future financial condition and results of operations of the combined company.

NOTES RECEIVABLE

NOTES RECEIVABLE	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
NOTES RECEIVABLE	NOTE 5 — NOTES RECEIVABLE The Company holds an equity method investment in JDDC Elemental LLC (“Midnight Theatre”). On various dates during the nine months ended September 30, 2024, Midnight Theatre issued three unsecured convertible promissory notes to the Company with an aggregate principal of $ 1,135,000 On July 15, 2024 and August 9, 2024, Midnight Theatre issued two unsecured convertible promissory notes to the Company with aggregate principals of $ 110,000 135,000 110,000 During the three months ended September 30, 2024, the Company determined that the remaining Midnight Theatre unsecured convertible promissory notes (“Midnight Theatre Notes”) had been impaired, resulting from a review of Midnight Theatre’s operating results and projections. As a result, as of September 30, 2024, the Company wrote off all outstanding Midnight Theatre Notes. The write-off amounted to $ 1,270,000

OTHER CURRENT LIABILITIES

OTHER CURRENT LIABILITIES	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
OTHER CURRENT LIABILITIES	NOTE 6 — OTHER CURRENT LIABILITIES Other current liabilities consisted of the following: Schedule of other liabilities September 30, 2024 December 31, 2023 Accrued funding under Max Steel production agreement $ 620,000 $ 620,000 Accrued audit, legal and other professional fees 239,301 310,797 Accrued commissions 354,202 697,106 Accrued bonuses 864,112 971,276 Talent liability 6,020,146 2,983,577 Accumulated customer deposits 1,457,101 432,552 Accrued interest 301,841 — Other 890,959 1,678,806 Other current liabilities $ 10,747,662 $ 7,694,114

DEBT

DEBT	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
DEBT	NOTE 7 — DEBT Total debt of the Company was as follows as of September 30, 2024 and December 31, 2023: Schedule of debt Debt Type September 30, December 31, Convertible notes payable $ 5,100,000 $ 5,100,000 Convertible note payable - fair value option 300,000 355,000 Non-convertible promissory notes 3,880,000 3,880,000 Non-convertible promissory notes – Socialyte 3,000,000 3,000,000 Loans from related party 3,217,873 1,107,873 Revolving line of credit 400,000 400,000 Term loan, net of debt issuance costs 4,755,385 5,482,614 Total debt $ 20,653,258 $ 19,325,487 Less current portion of debt (4,945,151 ) (4,880,651 ) Noncurrent portion of debt $ 15,708,107 $ 14,444,836 The table below details the maturity dates of the principal amounts for the Company’s debt as of September 30, 2024: Schedule of future annual contractual principal payment commitments of debt Debt Type Maturity Date 2024 2025 2026 2027 2028 Thereafter Convertible notes payable Between October 2026 and March 2030 $ — $ — $ 1,750,000 $ 3,350,000 $ — $ 500,000 Non-convertible promissory notes Between November 2024 and March 2029 500,000 750,000 — — 2,215,000 415,000 Non-convertible promissory notes - Socialyte September 2023 (A) 3,000,000 — — — — — Revolving line of credit October 2, 2025 (mandatory 30-day annual clearing of the line of credit balance) — 400,000 — — — — Term loan September 2028 257,627 1,083,866 1,176,307 1,276,631 1,028,244 — Loans from related party Between December 2026 and June 2029 — — 1,107,873 — — 2,110,000 $ 3,757,627 $ 2,233,866 $ 4,034,180 $ 4,626,631 $ 3,243,244 $ 3,025,000 (A) As discussed below, The Socialyte Purchase Agreement (as defined below) allows the Company to offset a working capital deficit against the Socialyte Promissory Note (as defined below). As such, the Company deferred the installment payments until the final post-closing working capital adjustment is agreed upon with the seller of Socialyte. Convertible Notes Payable As of September 30, 2024, the Company has ten convertible notes payable outstanding. The convertible notes payable bear interest at a rate of 10% 5.00 2.00 5,100,000 The Company recorded interest expense related to these convertible notes payable of $ 127,500 128,750 382,750 414,880 382,750 413,764 Convertible Note Payable at Fair Value The Company had one convertible promissory note outstanding with a principal amount of $500,000 as of September 30, 2024, for which it elected the fair value option. As such, the estimated fair value of the note was recorded on its issue date. At each balance sheet date, the Company records the fair value of the convertible promissory note with any changes in the fair value recorded in the condensed consolidated statements of operations. The Company had a balance of $ 300,000 355,000 The Company recorded a loss in fair value of $ 10,000 no 55,000 6,444 The convertible note payable at fair value bears interest at a rate of 8% per annum. The Company recorded interest expense related to this convertible note payable at fair value of $ 9,863 29,589 29,589 Nonconvertible Promissory Notes As of September 30, 2024, the Company has outstanding unsecured nonconvertible promissory notes in the aggregate amount of $ 3,880,000 As of both September 30, 2024 and December 31, 2023, the Company had a balance of $ 900,000 500,000 2,980,000 3,380,000 The Company recorded interest expense related to these nonconvertible promissory notes of $ 97,000 93,142 291,000 238,195 291,000 215,111 Nonconvertible Unsecured Promissory Note - Socialyte Promissory Note In connection with the purchase agreement for the acquisition of Socialyte (“Socialyte Purchase Agreement”), the Company entered into a promissory note with the sellers of Socialyte (“the Socialyte Promissory Note”) amounting to $3,000,000. The Socialyte Promissory Note matured on September 30, 2023 and was payable in two payments: $ 1,500,000 1,500,000 The Socialyte Purchase Agreement allows the Company to offset a working capital deficit against the Socialyte Promissory Note. As such, the Company deferred these installment payments until the final post-closing working capital adjustment is agreed upon with the seller of Socialyte. The Company has filed a lawsuit against the seller of Socialyte and certain of its principals related to the Socialyte Purchase Agreement. See Note 17. The Company recorded interest expense related to this Socialyte Promissory Note of $ 30,000 90,000 30,000 95,000 BankUnited Loan Agreement On September 29, 2023, the Company entered into a loan agreement with BankUnited (“BankUnited Loan Agreement”), which includes: (i) $5,800,000 secured term loan (“BKU Term Loan”), (ii) $750,000 of a secured revolving line of credit (“BKU Line of Credit”), and (iii) $400,000 Commercial Card (“BKU Commercial Card”). The BankUnited Loan Agreement refinanced the Company’s previous credit facility with BankProv. The BKU Term Loan carries a 1.0% origination fee and matures in September 2028, the BKU Line of Credit carries an initial origination fee of 0.5% and an 0.25% fee on each annual anniversary and matures in September 2026; the BKU Commercial Card does not have any initial or annual fee and matures in September 2026. The BKU Term Loan has a declining prepayment penalty equal to 5% in year one, 4% in year two, 3% in year three, 2% in year four and 1% in year five of the outstanding balance. The BKU Line of Credit and BKU Commercial Card can be repaid without any prepayment penalty. Interest on the BKU Term Loan accrues at 8.10% fixed rate per annum. Principal and interest on the BKU Term Loan shall be payable on a monthly basis based on a 5-year amortization. Interest on the BKU Line of Credit is payable on a monthly basis, with all principal due at maturity. The BKU Commercial Card payment is due in full at the end of each bi-weekly billing cycle. The BankUnited Loan Agreement contains financial covenants tested semi-annually on a trailing twelve-month basis that require the Company to maintain a minimum debt service coverage ratio of 1.25:1.00 and a maximum funded debt/EBITDA ratio of 3.00:1.00. In addition, the BankUnited Loan Agreement contains a liquidity covenant that requires the Company to hold a cash balance at BankUnited with a daily minimum deposit balance of $ 1,500,000 400,000 400,000 As of September 30, 2024 and December 31, 2023, the Company had a balance of $4,755,385 and $5,482,614 of principal outstanding under the BKU Term Loan, respectively, net of debt issuance costs of $67,290 and $79,907, respectively. As of September 30, 2024 and December 31, 2023, the Company had a balance of $400,000 of principal outstanding under the BKU Line of Credit. Amortization of debt origination costs under the BKU Credit Facility is included as a component of interest expense in the condensed consolidated statements of operations and amounted to approximately $4,206 and $12,617 for the three and nine months ended September 30, 2024, respectively. During the three and nine months ended September 30, 2024, the Company did not use the BKU Commercial Card.

LOANS FROM RELATED PARTY

LOANS FROM RELATED PARTY	9 Months Ended
	Sep. 30, 2024
Loans From Related Party
LOANS FROM RELATED PARTY	NOTE 8 — LOANS FROM RELATED PARTY On June 1, 2021, the Company exchanged a promissory note that had been issued on October 1, 2016, for a nonconvertible promissory note with a principal balance of $ 1,107,873 December 31, 2026 10% 1,000,000 135,000 April 29, 2029 June 10, 2029 10% As of September 30, 2024 and December 31, 2023, the Company had an aggregate principal balance of $ 2,242,873 1,107,873 207,235 277,423 200,000 On January 16, 2024 and May 28, 2024, the Company issued two nonconvertible promissory notes to Mr. Donald Scott Mock, brother of Mr. O’Dowd in the amount of $ 900,000 75,000 975,000 10% January 16, 2029 May 28, 2029 975,000 66,042 The Company recorded interest expense of $ 80,972 27,621 195,853 82,863

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 9 — FAIR VALUE MEASUREMENTS The Company’s non-financial assets measured at fair value on a nonrecurring basis include goodwill and intangible assets. The determination of our intangible fair values includes several assumptions and inputs (Level 3) that are subject to various risks and uncertainties. Management believes it has made reasonable estimates and judgments concerning these risks and uncertainties. All other financial assets and liabilities are carried at amortized cost. The Company’s cash balances are representative of their fair values, as these balances are comprised of deposits available on demand. The carrying amounts of accounts receivable, notes receivable, prepaid and other current assets, accounts payable and other non-current liabilities approximate their fair values because of the short turnover of these instruments. Financial Disclosures about Fair Value of Financial Instruments The tables below set forth information related to the Company’s consolidated financial instruments: Schedule of consolidated financial instruments Level in September 30, 2024 December 31, 2023 Fair Value Carrying Fair Carrying Fair Hierarchy Amount Value Amount Value Assets: Cash and cash equivalents 1 $ 5,659,883 $ 5,659,883 $ 6,432,731 $ 6,432,731 Restricted cash 1 925,004 925,004 1,127,960 1,127,960 Liabilities: Convertible notes payable 3 $ 5,100,000 $ 4,824,000 $ 5,100,000 $ 4,875,000 Convertible note payable at fair value 3 300,000 300,000 355,000 355,000 Contingent consideration 3 436,000 436,000 Warrant liability 3 — — 5,000 5,000 Convertible notes payable As of September 30, 2024, the Company has ten outstanding convertible notes payable with aggregate principal amount of $ 5,100,000 Schedule of convertible notes payable September 30, 2024 December 31, 2023 Level Carrying Amount Fair Value Carrying Amount Fair Value 10% convertible notes due in October 2026 3 $ 800,000 $ 763,000 $ 800,000 $ 817,000 10% convertible notes due in November 2026 3 300,000 286,000 300,000 $ 285,000 10% convertible notes due in December 2026 3 650,000 616,000 650,000 $ 649,000 10% convertible notes due in January 2027 3 800,000 804,000 800,000 $ 821,000 10% convertible notes due in June 2027 3 150,000 141,000 150,000 140,000 10% convertible notes due in August 2027 3 2,000,000 1,848,000 2,000,000 $ 1,808,000 10% convertible notes due in September 2027 3 400,000 366,000 400,000 $ 355,000 $ 5,100,000 $ 4,824,000 $ 5,100,000 $ 4,875,000 The estimated fair value of the convertible notes was computed using a Monte Carlo Simulation, using the following assumptions: Schedule of fair value of the convertible notes Fair Value Assumption – Convertible Debt September 30, 2024 December 31, 2023 Stock Price $ 1.26 $ 3.42 Minimum Conversion Price $ 2.00 5.00 $ 4.00 5.00 Annual Asset Volatility Estimate 70 % 80 % Risk Free Discount Rate 3.58 % 3.66 % 3.95% 5.01 % Fair Value Option (“FVO”) Election – Convertible note payable and freestanding warrants Convertible note payable, at fair value As of September 30, 2024, the Company had one outstanding convertible note payable with a face value of $ 500,000 th The March 4 th Schedule of estimated fair value March 4 th Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2023 $ 355,000 Gain on the change in fair value reported in the condensed consolidated statements of operations (55,000 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2024 $ 300,000 The estimated fair value of the March 4 th Schedule of estimated fair value of assumptions September 30, 2024 December 31, 2023 Face value principal payable $ 500,000 $ 500,000 Original conversion price $ 7.82 $ 7.82 Value of common stock $ 1.26 $ 3.42 Expected term (years) 5.43 3.42 Volatility 90 % 90 % Risk free rate 3.60 % 4.41 % Warrant In connection with the March 4th Note, the Company issued the Series I Warrant, which is exercisable for 10,000

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 10 — STOCKHOLDERS’ EQUITY 2022 Lincoln Park Transaction On August 10, 2022, the Company entered into a purchase agreement (the “LP 2022 Purchase Agreement”) and a registration rights agreement (the “LP 2022 Registration Rights Agreement”) with Lincoln Park, pursuant to which the Company could sell and issue to Lincoln Park, and Lincoln Park was obligated to purchase, up to $ 25,000,000 During the three months ended September 30, 2024, the Company did no 475,000 2.14 3.06 1,185,300 During the three and nine months ended September 30, 2023, the Company sold 150,000 575,000 3.31 4.54 550,850 2,162,150 The Company evaluated the contract that includes the right to require Lincoln Park to purchase shares of its common stock in the future (“put right”) considering the guidance in ASC 815-40, “Derivatives and Hedging — Contracts on an Entity’s Own Equity” (“ASC 815-40”) and concluded that it is an equity-linked contract that does not qualify for equity classification, and therefore requires fair value accounting. The Company has analyzed the terms of the freestanding put right and has concluded that it has insignificant value as of September 30, 2024. Reverse Stock Split Effective October 16, 2024, the Company amended its Amended and Restated Articles of Incorporation to effectuate a 1:2 reverse stock split. All shares and per share amounts discussed in these condensed consolidated financial statements have been retrospectively adjusted for the reverse stock split. Series C Convertible Preferred Stock On November 6, 2024, the Company received a letter (the “Letter”) from the Listing Qualifications staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Staff has determined that the Company violated Nasdaq’s voting rights rule set forth in Listing Rule 5640 (the “Voting Rights Rule”) due to the Company’s filing of shareholder-approved amendments to the Company’s articles of incorporation modifying the terms of the Company’s Series C Convertible Preferred Stock (the “Series C”) to increase the number of votes per share of common stock the Series C is convertible into (i) from three votes per share to five votes per share, filed on September 29, 2022 (the “2022 Amendment”) and (ii) from five votes per share to ten votes per share, filed on September 25, 2024 (the “2024 Amendment” and, together with the 2022 Amendment, the “Amendments”). On October 31, 2024, the Company submitted a plan to regain compliance to the Staff in which the Company proposed to amend the Certificate of the Series C to decrease the voting rights of the Series C to the original voting power of three votes per share of common stock (the “Proposed Amendment”). The Company notified Nasdaq that it plans to call a special meeting of shareholders for the purpose of voting on the Proposed Amendment and expects to file the Proposed Amendment with the office of the Secretary of the State of Florida on or before February 28, 2025 (the “Compliance Date”). As such, based on the Company’s submission, the Staff notified the Company in the Letter that it has determined to grant the Company an extension of time to regain compliance with the Voting Rights Rule by obtaining shareholder approval for the Proposed Amendment and filing the Proposed Amendment with the Secretary of the State of Florida on or before the Compliance Date. The Letter has no immediate impact on the listing of the Company’s securities, which will continue to be listed and traded on Nasdaq, subject to the Company’s compliance with the Letter by the Compliance Date.

LOSS PER SHARE

LOSS PER SHARE	9 Months Ended
	Sep. 30, 2024
Loss per share:
LOSS PER SHARE	NOTE 11 — LOSS PER SHARE The following table sets forth the computation of basic and diluted loss per share: Schedule of computation of basic and diluted loss per share Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Numerator Net loss $ (8,692,389 ) $ (3,863,328 ) $ (10,643,614 ) $ (14,791,892 ) Net income attributable to participating securities — — — — Net loss attributable to Dolphin Entertainment common stock shareholders and numerator for basic loss per share (8,692,389 ) (3,863,328 ) (10,643,614 ) (14,791,892 ) Change in fair value of convertible notes payable — — — — Interest expense — — — — Numerator for diluted loss per share $ (8,692,389 ) $ (3,863,328 ) $ (10,643,614 ) $ (14,791,892 ) Denominator Denominator for basic EPS - weighted-average shares 10,930,286 7,060,638 9,964,607 6,664,069 Effect of dilutive securities: Convertible notes payable — — — — Denominator for diluted EPS - adjusted weighted-average shares 10,930,286 7,060,638 9,964,607 6,664,069 Basic loss per share $ (0.80 ) $ (0.55 ) $ (1.07 ) $ (2.22 ) Diluted loss per share $ (0.80 ) $ (0.55 ) $ (1.07 ) $ (2.22 ) Basic (loss) earnings per share is computed by dividing income or loss attributable to the shareholders of common stock (the numerator) by the weighted-average number of shares of common stock outstanding (the denominator) for the period. Diluted (loss) earnings per share assume that any dilutive equity instruments, such as convertible notes payable and warrants were exercised and outstanding common stock adjusted accordingly, if their effect is dilutive. The Company’s convertible note payable at fair value, the warrant and the Series C preferred stock have clauses that entitle the holder to participate if dividends are declared to the common stockholders as if the instruments had been converted into shares of common stock. As such, the Company uses the two-class method to compute earnings per share and attribute a portion of the Company’s net income to these participating securities. These securities do not contractually participate in losses. For the three and nine months ended September 30, 2024 and 2023, the Company had a net loss and as such the two-class method is not presented. For the three and nine months ended September 30, 2024, potentially dilutive instruments including 3,427,514 2,376,531 10,000 For the three and nine months ended September 30, 2023, potentially dilutive instruments including 1,441,880 1,282,820

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 12 — RELATED PARTY TRANSACTIONS As part of the employment agreement with its CEO, the Company provided a $ 1,000,000 1,625,000 10% As of September 30, 2024 and December 31, 2023, the Company had accrued $ 2,625,000 1,637,641 1,440,586 The Company recorded interest expense related to the accrued compensation in the condensed consolidated statements of operations amounting to $ 66,164 197,055 196,336 400,000 The Company entered into several DE LLC Notes with an entity wholly owned by its CEO and into two Mock Notes with its CEO’s brother. See Note 8 for further discussion.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 13 — SEGMENT INFORMATION The Company operates in two reportable segments, Entertainment Publicity and Marketing Segment (“EPM”) and Content Production Segment (“CPD”). • The Entertainment Publicity and Marketing segment is composed of 42West, The Door, Viewpoint, Shore Fire, The Digital Dept, Special Projects, Always Alpha and Elle. This segment primarily provides clients with diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic marketing consulting and content production of marketing materials. During the nine months ended September 30, 2024, BHI merged into 42West, Be Social and Socialyte merged to become The Digital Dept., and the operations of Viewpoint were ceased. • The Content Production segment is composed of Dolphin Entertainment and Dolphin Films. This segment engages in the production and distribution of digital content and feature films. The activities of our Content Production segment also include all corporate overhead activities. The profitability measure employed by our chief operating decision maker for allocating resources to operating segments and assessing operating segment performance is operating income (loss) which is the same as Income (loss) from operations on the Company’s condensed consolidated statements of operations for the three and nine months ended September 30, 2024 and 2023. Payroll and benefits related expenses include salaries, bonuses, commissions and other incentive related expenses. Legal and professional expenses primarily include professional fees related to financial statement audits, legal, investor relations and other consulting services, which are engaged and managed by each of the segments. Selling, general and administrative expenses include rental expense for properties occupied by corporate office employees. In addition, depreciation and amortization includes depreciation of property, equipment and leasehold improvements and amortization of the customer lists and tradenames. All segments follow the same accounting policies as those described in the Annual Report on Form 10-K for the year ended December 31, 2023. In connection with the acquisitions of our wholly owned subsidiaries, the Company assigned $ 10,808,498 21,622,279 Schedule of revenue and assets by segment Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Revenues: EPM $ 12,682,437 $ 10,184,511 $ 35,946,277 $ 31,100,867 CPD — — 3,421,141 — Total $ 12,682,437 $ 10,184,511 $ 39,367,418 $ 31,100,867 Segment Operating Loss: EPM $ (7,088,407 ) $ 1,032,134 (7,538,505 ) $ (8,142,846 ) CPD (1,066,292 ) (3,143,490 ) (1,571,118 ) (3,985,250 ) Total operating loss (8,154,699 ) (2,111,356 ) (9,109,623 ) (12,128,096 ) Interest expense, net (530,063 ) (500,366 ) (1,549,285 ) (1,103,753 ) Other (expense) income, net (10,000 ) — 60,000 (1,444 ) Loss before income taxes and equity in losses of unconsolidated affiliates $ (8,694,762 ) $ (2,611,722 ) (10,598,908 ) $ (13,233,293 ) As of As of Total assets: EPM $ 52,841,013 $ 62,908,337 CPD 4,459,504 3,346,637 Total $ 57,300,517 $ 66,254,974

LEASES

LEASES	9 Months Ended
	Sep. 30, 2024
Leases
LEASES	NOTE 14 — LEASES The Company and its subsidiaries are party to various office leases with terms expiring at different dates through November 2027. The amortizable life of the right-of-use asset is limited by the expected lease term. Although certain leases include options to extend, the Company did not include these in the right-of-use asset or lease liability calculations because it is not reasonably certain that the options will be executed. Schedule of right of use asset or lease liability calculations Operating Leases As of As of Assets Right-of-use asset $ 3,988,810 $ 5,469,743 Liabilities Current Lease liability $ 1,758,860 $ 2,141,240 Noncurrent Lease liability $ 2,767,090 $ 3,986,787 Total operating lease liability $ 4,525,950 $ 6,128,027 Schedule of finance lease Finance Lease As of As of Assets Right-of-use asset $ 152,175 $ 129,993 Liabilities Current Lease liability $ 80,727 $ 50,973 Noncurrent Lease liability $ 77,436 $ 81,855 Total finance lease liability $ 158,163 $ 132,828 The tables below show the lease income and expenses recorded in the condensed consolidated statements of operations incurred during the three and nine months ended September 30, 2024 and 2023 for operating and financing leases, respectively. Schedule of lease income and expenses Three Months Ended September 30, Nine Months Ended September 30, Lease costs Classification 2024 2023 2024 2023 Operating lease costs Selling, general and administrative expenses $ 693,733 $ 699,983 $ 2,049,925 $ 2,109,576 Sublease income Selling, general and administrative expenses (106,835 ) (109,807 ) (317,918 ) (330,189 ) Net operating lease costs $ 586,898 $ 590,176 $ 1,732,007 $ 1,779,387 Three Months Ended September 30, Nine Months Ended September 30, Lease costs Classification 2024 2023 2024 2023 Amortization of right-of-use assets Selling, general and administrative expenses $ 18,403 $ 10,589 $ 59,385 $ 15,840 Interest on lease liability Selling, general and administrative expenses 3,018 2,415 9,814 13,089 Total finance lease costs $ 21,421 $ 13,004 $ 69,199 $ 28,929 Lease Payments For the nine months ended September 30, 2024 and 2023, the Company made payments in cash related to its operating leases in the amounts of $ 2,001,959 1,999,745 Future minimum lease payments for leases for the remainder of 2024 and thereafter, were as follows: Schedule of future minimum payments under operating lease agreements Year Operating Leases Finance Leases 2024 $ 639,194 $ 22,019 2025 1,979,589 88,073 2026 1,782,057 54,567 2027 719,797 6,111 2028 — — Thereafter — — Total lease payments $ 5,120,637 $ 170,770 Less: Imputed interest (594,687 ) (12,607 ) Present value of lease liabilities $ 4,525,950 $ 158,163 As of September 30, 2024, the Company’s weighted average remaining lease term on its operating and finance leases is 2.48 2.03 8.99% 8.40%

COLLABORATIVE ARRANGEMENT

COLLABORATIVE ARRANGEMENT	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
COLLABORATIVE ARRANGEMENT	NOTE 15 — COLLABORATIVE ARRANGEMENT IMAX Co-Production Agreement On June 24, 2022, the Company entered into an agreement with IMAX to co-produce and co-finance a documentary motion picture on the flight demonstration squadron of the United States Navy, called The Blue Angels (“Blue Angels Agreement”). IMAX and Dolphin each agreed to fund 50% of the production budget. As of September 30, 2024, we had paid $2,250,000 in connection with this agreement. On April 25, 2023, IMAX entered into the Amazon Agreement for the distribution rights of The Blue Angels. The Amazon Agreement was determined to be entity-customer relationship, and the revenue recognized from the agreement was recorded separately as revenue from a customer. The Blue Angels documentary motion picture was released in theatres on May 17, 2024 and began streaming on Amazon Prime Video on May 23, 2024. During the nine months ended September 30, 2024, the Company recorded net revenues of $ 3,421,141 777,905 2,556,452

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	NOTE 16 — SHARE-BASED COMPENSATION On June 29, 2017, the shareholders of the Company approved the Dolphin Digital Media, Inc. 2017 Equity Incentive Plan (the “2017 Plan”), allowing for 1,000,000 The RSUs granted under the 2017 Plan to the Company’s employees vest in four equal installments on the following dates: March 15, 2024, June 15, 2024, September 15, 2024 and December 15, 2024. The Company recognized compensation expense for RSUs of $ 3,725 13,248 4,049 The following table sets forth the activity for the RSUs: Schedule of RSUs Number of Weighted Average Outstanding (nonvested), December 31, 2023 — $ — Granted 6,784 2.88 Forfeited (778 ) 2.88 Vested (4,600 ) 2.88 Outstanding (nonvested), September 30, 2024 1,406 $ 2.88

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 17 — COMMITMENTS AND CONTINGENCIES Litigation On June 21, 2024, the Company filed a complaint in Los Angeles County Superior Court against NSL Ventures (“NSL”), the Socialyte seller, and its principals alleging that the defendants breached the Socialyte Purchase Agreement and committed acts of fraud and negligence in connection with that transaction, and that the Company is entitled to monetary damages caused by those acts. On September 16, 2024, Defendants answered the Complaint with a general denial and affirmative defenses. On September 16, 2024, defendant NSL also filed a Cross-complaint against the Company and Social Midco, LLC, alleging a single cause of action for breach of contract. The Company and Social Midco answered the Cross-complaint on October 1, 2024. Trial has been scheduled by the Court for February 2026.The Company is not aware of any other pending litigation as of the date of this report and, therefore, in the opinion of management and based upon the advice of its outside counsels, the liability, if any, from any other pending litigation is not expected to have a material effect in the Company’s financial position, results of operations and cash flows.

GENERAL (Policies)

GENERAL (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Dolphin, and all of its wholly owned subsidiaries, comprising Dolphin Films, Inc. (“Dolphin Films”), Dolphin SB Productions LLC, Dolphin Max Steel Holdings, LLC, Dolphin JB Believe Financing, LLC, Dolphin JOAT Productions, LLC, Always Alpha, 42West, The Door, Viewpoint Computer Animation, Incorporated (“Viewpoint”), Shore Fire, The Digital Dept. and Special Projects. During the nine months ended September 30, 2024, the Company ceased the operations of Viewpoint. The Company applies the equity method of accounting for its investments in entities for which it does not have a controlling financial interest, but over which it has the ability to exert significant influence. The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of its financial position as of September 30, 2024, and its results of operations and cash flows for the three and nine months ended September 30, 2024 and 2023. All significant inter-company balances and transactions have been eliminated from the condensed consolidated financial statements. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2024. The condensed consolidated balance sheet as of December 31, 2023 has been derived from the audited financial statements at that date but does not include all the information and footnotes required by U.S. GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements should be read together with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023. On October 16, 2024, the Company filed an amendment to its Amended and Restated Articles of Incorporation with the Secretary of State of the State of Florida to effect a 1-for-2 reverse stock split
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. 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 expenses during the reporting period. The most significant estimates made by management in the preparation of the financial statements relate to the estimates in the fair value of acquisitions, estimates in assumptions used to calculate the fair value of certain liabilities and impairment assessments for investment in capitalized production costs, goodwill and long-lived assets. Actual results could differ materially from such estimates.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform with the current year presentation. These reclassifications had no impact on the Company’s condensed consolidated statements of operations or condensed consolidated statements of cash flows.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Guidance Not Yet Adopted In December 2023, the Financial Accounting Standards Board (“FASB”) issued new guidance on income tax disclosures (Accounting Standards Update “ASU” 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”). Among other requirements, this update adds specific disclosure requirements for income taxes, including: (1) disclosing specific categories in the rate reconciliation and (2) providing additional information for reconciling items that meet quantitative thresholds. The guidance is effective for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. Early adoption is permitted. The Company is in the process of evaluating the impact of the adoption of ASU 2023-09 on the Company’s condensed consolidated financial statements and disclosures. In November 2023, the FASB issued new guidance on segment reporting (ASU 2023-08, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”). The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is in the process of evaluating the impact of the adoption of ASU 2023-08 on the Company’s condensed consolidated financial statements and disclosures.

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of revenue by major customers by reporting segments	Schedule of revenue by major customers by reporting segments For the Three Months Ended September 30, For the Nine Months Ended September 30, 2024 2023 2024 2023 Entertainment publicity and marketing $ 12,682,437 $ 10,184,511 $ 35,946,277 $ 31,100,867 Content production — — 3,421,141 — Total Revenues $ 12,682,437 $ 10,184,511 $ 39,367,418 $ 31,100,867
Schedule of contract liability with customers	Schedule of contract liability with customers Contract Balance as of December 31, 2023 $ 1,451,709 Balance as of September 30, 2024 745,489 Change $ 706,220
Schedule of contract liability with customers	Schedule of contract liability with customers Three Months Ended Nine Months Ended 2024 2023 2024 2023 Amounts included in the beginning of year contract liability balance $ 86,167 $ 110,834 $ 1,192,244 $ 1,280,985

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Schedule of intangible assets September 30, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Intangible assets subject to amortization: Customer relationships $ 17,592,387 $ 8,749,639 $ 8,842,748 $ 16,512,387 $ 7,445,973 $ 9,066,414 Trademarks and trade names 5,128,583 3,162,833 1,965,750 4,928,583 2,785,333 2,143,250 Non-compete agreements 690,000 690,000 — 690,000 690,000 — $ 23,410,970 $ 12,602,472 $ 10,808,498 $ 22,130,970 $ 10,921,306 $ 11,209,664
Schedule of amortization expense	Schedule of amortization expense 2024 $ 1,010,706 2025 2,290,418 2026 2,091,505 2027 1,406,262 2028 1,064,106 Thereafter 2,945,501 $ 10,808,498

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Sep. 30, 2024
Business Acquisition [Line Items]
Schedule of Business acquisition, pro forma information, nonrecurring adjustments	Schedule of Business acquisition, pro forma information, nonrecurring adjustments Nine Months Ended September 30, 2024 Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Revenue $ 42,012,636 $ 14,573,975 $ 40,228,563 Net Loss $ (10,423,526 ) $ (3,918,194 ) $ (14,041,056 )
Elle Communications LLC [Member]
Business Acquisition [Line Items]
Schedule of consideration transferred	Schedule of consideration transferred Cash paid to sellers at closing $ 1,863,000 Working capital and excess cash adjustment 744,970 Fair value of common stock issued to the Elle Seller 1,768,792 Contingent consideration 436,000 Fair value of the consideration transferred $ 4,812,762
Schedule of assets acquired and liabilities assumed	Schedule of assets acquired and liabilities assumed July 15, 2024 Cash $ 676,223 Accounts receivable 357,570 Intangibles 1,280,000 Total identifiable assets acquired 2,313,793 Accounts payable (4,483 ) Accrued expenses and other current liabilities (388,613 ) Total liabilities assumed (393,096 ) Net identifiable assets acquired 1,920,697 Goodwill 2,892,065 Fair value of the consideration transferred $ 4,812,762
Special Projects Media LLC [Member]
Business Acquisition [Line Items]
Schedule of consideration transferred	Schedule of consideration transferred Cash paid to sellers at closing $ 5,000,000 Working capital and excess cash adjustment 886,077 Fair value of common stock issued to the Special Projects Sellers 4,525,000 Fair value of the consideration transferred $ 10,411,077
Schedule of assets acquired and liabilities assumed	Schedule of assets acquired and liabilities assumed October 2, 2023 Measurement Period Adjustments ( 1 September 30, 2024 Cash $ 521,821 $ — $ 521,821 Accounts receivable 1,155,871 — 1,155,871 Other current assets 11,338 — 11,338 Right-of-use asset 90,803 — 90,803 Other assets 30,453 — 30,453 Intangibles 3,740,000 — 3,740,000 Total identifiable assets acquired 5,550,286 — 5,550,286 Accounts payable (764,641 ) — (764,641 ) Accrued expenses and other current liabilities (15,000 ) — (15,000 ) Lease liability (90,803 ) — (90,803 ) Deferred revenue (30,000 ) — (30,000 ) Total liabilities assumed (900,444 ) — (900,444 ) Net identifiable assets acquired 4,649,842 4,649,842 Goodwill 5,579,547 181,688 5,761,235 Fair value of the consideration transferred $ 10,229,389 $ 181,688 $ 10,411,077 (1) On May 14, 2024, the Company entered into an agreement with the sellers of Special Projects to amend the Special Projects Purchase Agreement to revise the working capital mechanism to provide that the working capital surplus, as defined in the Special Projects Purchase Agreement, plus a ten percent premium be paid to the sellers of Special Projects by issuing 714,578 shares of its common stock on May 15, 2024. The adjustment resulted in an increase to the purchase price and an increase to goodwill.

OTHER CURRENT LIABILITIES (Tabl

OTHER CURRENT LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of other liabilities	Schedule of other liabilities September 30, 2024 December 31, 2023 Accrued funding under Max Steel production agreement $ 620,000 $ 620,000 Accrued audit, legal and other professional fees 239,301 310,797 Accrued commissions 354,202 697,106 Accrued bonuses 864,112 971,276 Talent liability 6,020,146 2,983,577 Accumulated customer deposits 1,457,101 432,552 Accrued interest 301,841 — Other 890,959 1,678,806 Other current liabilities $ 10,747,662 $ 7,694,114

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of debt	Schedule of debt Debt Type September 30, December 31, Convertible notes payable $ 5,100,000 $ 5,100,000 Convertible note payable - fair value option 300,000 355,000 Non-convertible promissory notes 3,880,000 3,880,000 Non-convertible promissory notes – Socialyte 3,000,000 3,000,000 Loans from related party 3,217,873 1,107,873 Revolving line of credit 400,000 400,000 Term loan, net of debt issuance costs 4,755,385 5,482,614 Total debt $ 20,653,258 $ 19,325,487 Less current portion of debt (4,945,151 ) (4,880,651 ) Noncurrent portion of debt $ 15,708,107 $ 14,444,836
Schedule of future annual contractual principal payment commitments of debt	Schedule of future annual contractual principal payment commitments of debt Debt Type Maturity Date 2024 2025 2026 2027 2028 Thereafter Convertible notes payable Between October 2026 and March 2030 $ — $ — $ 1,750,000 $ 3,350,000 $ — $ 500,000 Non-convertible promissory notes Between November 2024 and March 2029 500,000 750,000 — — 2,215,000 415,000 Non-convertible promissory notes - Socialyte September 2023 (A) 3,000,000 — — — — — Revolving line of credit October 2, 2025 (mandatory 30-day annual clearing of the line of credit balance) — 400,000 — — — — Term loan September 2028 257,627 1,083,866 1,176,307 1,276,631 1,028,244 — Loans from related party Between December 2026 and June 2029 — — 1,107,873 — — 2,110,000 $ 3,757,627 $ 2,233,866 $ 4,034,180 $ 4,626,631 $ 3,243,244 $ 3,025,000 (A) As discussed below, The Socialyte Purchase Agreement (as defined below) allows the Company to offset a working capital deficit against the Socialyte Promissory Note (as defined below). As such, the Company deferred the installment payments until the final post-closing working capital adjustment is agreed upon with the seller of Socialyte.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of consolidated financial instruments	Schedule of consolidated financial instruments Level in September 30, 2024 December 31, 2023 Fair Value Carrying Fair Carrying Fair Hierarchy Amount Value Amount Value Assets: Cash and cash equivalents 1 $ 5,659,883 $ 5,659,883 $ 6,432,731 $ 6,432,731 Restricted cash 1 925,004 925,004 1,127,960 1,127,960 Liabilities: Convertible notes payable 3 $ 5,100,000 $ 4,824,000 $ 5,100,000 $ 4,875,000 Convertible note payable at fair value 3 300,000 300,000 355,000 355,000 Contingent consideration 3 436,000 436,000 Warrant liability 3 — — 5,000 5,000
Schedule of convertible notes payable	Schedule of convertible notes payable September 30, 2024 December 31, 2023 Level Carrying Amount Fair Value Carrying Amount Fair Value 10% convertible notes due in October 2026 3 $ 800,000 $ 763,000 $ 800,000 $ 817,000 10% convertible notes due in November 2026 3 300,000 286,000 300,000 $ 285,000 10% convertible notes due in December 2026 3 650,000 616,000 650,000 $ 649,000 10% convertible notes due in January 2027 3 800,000 804,000 800,000 $ 821,000 10% convertible notes due in June 2027 3 150,000 141,000 150,000 140,000 10% convertible notes due in August 2027 3 2,000,000 1,848,000 2,000,000 $ 1,808,000 10% convertible notes due in September 2027 3 400,000 366,000 400,000 $ 355,000 $ 5,100,000 $ 4,824,000 $ 5,100,000 $ 4,875,000
Schedule of fair value of the convertible notes	Schedule of fair value of the convertible notes Fair Value Assumption – Convertible Debt September 30, 2024 December 31, 2023 Stock Price $ 1.26 $ 3.42 Minimum Conversion Price $ 2.00 5.00 $ 4.00 5.00 Annual Asset Volatility Estimate 70 % 80 % Risk Free Discount Rate 3.58 % 3.66 % 3.95% 5.01 %
Schedule of estimated fair value	Schedule of estimated fair value March 4 th Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2023 $ 355,000 Gain on the change in fair value reported in the condensed consolidated statements of operations (55,000 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2024 $ 300,000
Schedule of estimated fair value of assumptions	Schedule of estimated fair value of assumptions September 30, 2024 December 31, 2023 Face value principal payable $ 500,000 $ 500,000 Original conversion price $ 7.82 $ 7.82 Value of common stock $ 1.26 $ 3.42 Expected term (years) 5.43 3.42 Volatility 90 % 90 % Risk free rate 3.60 % 4.41 %

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
Loss per share:
Schedule of computation of basic and diluted loss per share	Schedule of computation of basic and diluted loss per share Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Numerator Net loss $ (8,692,389 ) $ (3,863,328 ) $ (10,643,614 ) $ (14,791,892 ) Net income attributable to participating securities — — — — Net loss attributable to Dolphin Entertainment common stock shareholders and numerator for basic loss per share (8,692,389 ) (3,863,328 ) (10,643,614 ) (14,791,892 ) Change in fair value of convertible notes payable — — — — Interest expense — — — — Numerator for diluted loss per share $ (8,692,389 ) $ (3,863,328 ) $ (10,643,614 ) $ (14,791,892 ) Denominator Denominator for basic EPS - weighted-average shares 10,930,286 7,060,638 9,964,607 6,664,069 Effect of dilutive securities: Convertible notes payable — — — — Denominator for diluted EPS - adjusted weighted-average shares 10,930,286 7,060,638 9,964,607 6,664,069 Basic loss per share $ (0.80 ) $ (0.55 ) $ (1.07 ) $ (2.22 ) Diluted loss per share $ (0.80 ) $ (0.55 ) $ (1.07 ) $ (2.22 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of revenue and assets by segment	Schedule of revenue and assets by segment Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Revenues: EPM $ 12,682,437 $ 10,184,511 $ 35,946,277 $ 31,100,867 CPD — — 3,421,141 — Total $ 12,682,437 $ 10,184,511 $ 39,367,418 $ 31,100,867 Segment Operating Loss: EPM $ (7,088,407 ) $ 1,032,134 (7,538,505 ) $ (8,142,846 ) CPD (1,066,292 ) (3,143,490 ) (1,571,118 ) (3,985,250 ) Total operating loss (8,154,699 ) (2,111,356 ) (9,109,623 ) (12,128,096 ) Interest expense, net (530,063 ) (500,366 ) (1,549,285 ) (1,103,753 ) Other (expense) income, net (10,000 ) — 60,000 (1,444 ) Loss before income taxes and equity in losses of unconsolidated affiliates $ (8,694,762 ) $ (2,611,722 ) (10,598,908 ) $ (13,233,293 ) As of As of Total assets: EPM $ 52,841,013 $ 62,908,337 CPD 4,459,504 3,346,637 Total $ 57,300,517 $ 66,254,974

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Leases
Schedule of right of use asset or lease liability calculations	Schedule of right of use asset or lease liability calculations Operating Leases As of As of Assets Right-of-use asset $ 3,988,810 $ 5,469,743 Liabilities Current Lease liability $ 1,758,860 $ 2,141,240 Noncurrent Lease liability $ 2,767,090 $ 3,986,787 Total operating lease liability $ 4,525,950 $ 6,128,027
Schedule of finance lease	Schedule of finance lease Finance Lease As of As of Assets Right-of-use asset $ 152,175 $ 129,993 Liabilities Current Lease liability $ 80,727 $ 50,973 Noncurrent Lease liability $ 77,436 $ 81,855 Total finance lease liability $ 158,163 $ 132,828
Schedule of lease income and expenses	Schedule of lease income and expenses Three Months Ended September 30, Nine Months Ended September 30, Lease costs Classification 2024 2023 2024 2023 Operating lease costs Selling, general and administrative expenses $ 693,733 $ 699,983 $ 2,049,925 $ 2,109,576 Sublease income Selling, general and administrative expenses (106,835 ) (109,807 ) (317,918 ) (330,189 ) Net operating lease costs $ 586,898 $ 590,176 $ 1,732,007 $ 1,779,387 Three Months Ended September 30, Nine Months Ended September 30, Lease costs Classification 2024 2023 2024 2023 Amortization of right-of-use assets Selling, general and administrative expenses $ 18,403 $ 10,589 $ 59,385 $ 15,840 Interest on lease liability Selling, general and administrative expenses 3,018 2,415 9,814 13,089 Total finance lease costs $ 21,421 $ 13,004 $ 69,199 $ 28,929
Schedule of future minimum payments under operating lease agreements	Schedule of future minimum payments under operating lease agreements Year Operating Leases Finance Leases 2024 $ 639,194 $ 22,019 2025 1,979,589 88,073 2026 1,782,057 54,567 2027 719,797 6,111 2028 — — Thereafter — — Total lease payments $ 5,120,637 $ 170,770 Less: Imputed interest (594,687 ) (12,607 ) Present value of lease liabilities $ 4,525,950 $ 158,163

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of RSUs	Schedule of RSUs Number of Weighted Average Outstanding (nonvested), December 31, 2023 — $ — Granted 6,784 2.88 Forfeited (778 ) 2.88 Vested (4,600 ) 2.88 Outstanding (nonvested), September 30, 2024 1,406 $ 2.88

GENERAL (Details Narrative)

GENERAL (Details Narrative)	1 Months Ended
	Oct. 16, 2024
Accounting Policies [Abstract]
Reverse stock split	1-for-2 reverse stock split

REVENUE (Details)

REVENUE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenues	$ 12,682,437	$ 10,184,511	$ 39,367,418	$ 31,100,867
Entertainment Publicity and Marketing [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	12,682,437	10,184,511	35,946,277	31,100,867
Content Productions [Member]
Disaggregation of Revenue [Line Items]
Total Revenues			$ 3,421,141

REVENUE (Details 1)

REVENUE (Details 1) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Contract liability	$ 745,489	$ 1,451,709
Changes in contracts liability	$ 706,220

REVENUE (Details 2)

REVENUE (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Amounts included in the beginning of year contract liability balance	$ 86,167	$ 110,834	$ 1,192,244	$ 1,280,985

REVENUE (Details Narrative)

REVENUE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenues	$ 12,682,437	$ 10,184,511	$ 39,367,418	$ 31,100,867
Content Productions [Member]
Disaggregation of Revenue [Line Items]
Total Revenues			$ 3,421,141

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 23,410,970	$ 22,130,970
Accumulated Amortization	12,602,472	10,921,306
Net Carrying Amount	10,808,498	11,209,664
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	17,592,387	16,512,387
Accumulated Amortization	8,749,639	7,445,973
Net Carrying Amount	8,842,748	9,066,414
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,128,583	4,928,583
Accumulated Amortization	3,162,833	2,785,333
Net Carrying Amount	1,965,750	2,143,250
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	690,000	690,000
Accumulated Amortization	690,000	690,000
Net Carrying Amount

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Details 1) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 1,010,706
2025	2,290,418
2026	2,091,505
2027	1,406,262
2028	1,064,106
Thereafter	2,945,501
Finite-lived intangible assets, net	$ 10,808,498	$ 11,209,664

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 21,622,279		$ 21,622,279		$ 25,220,085
Goodwill impaired			190,565
Amortization expense	$ 619,472	$ 503,357	$ 1,681,166	$ 1,512,554

ACQUISITIONS (Details)

ACQUISITIONS (Details) - Special Projects Media LLC [Member] - USD ($)	Jul. 15, 2024	Oct. 02, 2023
Business Acquisition [Line Items]
Cash paid to sellers at closing	$ 1,863,000	$ 5,000,000
Working capital and excess cash adjustment	744,970	886,077
Fair value of common stock issued to the Elle Seller	1,768,792	4,525,000
Contingent consideration	436,000
Fair value of the consideration transferred	$ 4,812,762	$ 10,411,077

ACQUISITIONS (Details 1)

ACQUISITIONS (Details 1) - USD ($)	Sep. 30, 2024	Jul. 15, 2024	Dec. 31, 2023	Oct. 02, 2023
Business Acquisition [Line Items]
Goodwill	$ 21,622,279		$ 25,220,085
Special Projects Media LLC [Member]
Business Acquisition [Line Items]
Cash	521,821
Accounts receivable	1,155,871
Intangibles	3,740,000
Total identifiable assets acquired	5,550,286
Accounts payable	(764,641)
Accrued expenses and other current liabilities	(15,000)
Total liabilities assumed	(900,444)
Net identifiable assets acquired	4,649,842
Goodwill	5,761,235
Fair value of the consideration transferred	$ 10,411,077
Special Projects Media LLC [Member] | Previously Reported [Member]
Business Acquisition [Line Items]
Cash		$ 676,223		$ 521,821
Accounts receivable		357,570		1,155,871
Intangibles		1,280,000		3,740,000
Total identifiable assets acquired		2,313,793		5,550,286
Accounts payable		(4,483)		(764,641)
Accrued expenses and other current liabilities		(388,613)		(15,000)
Total liabilities assumed		(393,096)		(900,444)
Net identifiable assets acquired		1,920,697		4,649,842
Goodwill		2,892,065		5,579,547
Fair value of the consideration transferred		$ 4,812,762		$ 10,229,389

ACQUISITIONS (Details 2)

ACQUISITIONS (Details 2) - Special Projects Media LLC [Member] - USD ($)	Jul. 15, 2024	Oct. 02, 2023
Business Acquisition [Line Items]
Cash paid to sellers at closing	$ 1,863,000	$ 5,000,000
Working capital and excess cash adjustment	744,970	886,077
Fair value of common stock issued to the Special Projects Sellers	1,768,792	4,525,000
Fair value of the consideration transferred	$ 4,812,762	$ 10,411,077

ACQUISITIONS (Details 3)

ACQUISITIONS (Details 3) - USD ($)		Sep. 30, 2024	Jul. 15, 2024	Dec. 31, 2023	Oct. 02, 2023
Business Acquisition [Line Items]
Goodwill		$ 21,622,279		$ 25,220,085
Special Projects Media LLC [Member]
Business Acquisition [Line Items]
Cash		521,821
Accounts receivable		1,155,871
Other current assets		11,338
Right-of-use asset		90,803
Other assets		30,453
Intangibles		3,740,000
Total identifiable assets acquired		5,550,286
Accounts payable		(764,641)
Accrued expenses and other current liabilities		(15,000)
Lease liability		(90,803)
Deferred revenue		(30,000)
Total liabilities assumed		(900,444)
Net identifiable assets acquired		4,649,842
Goodwill		5,761,235
Fair value of the consideration transferred		10,411,077
Special Projects Media LLC [Member] | Previously Reported [Member]
Business Acquisition [Line Items]
Cash			$ 676,223		$ 521,821
Accounts receivable			357,570		1,155,871
Other current assets					11,338
Right-of-use asset					90,803
Other assets					30,453
Intangibles			1,280,000		3,740,000
Total identifiable assets acquired			2,313,793		5,550,286
Accounts payable			(4,483)		(764,641)
Accrued expenses and other current liabilities			(388,613)		(15,000)
Lease liability					(90,803)
Deferred revenue					(30,000)
Total liabilities assumed			(393,096)		(900,444)
Net identifiable assets acquired			1,920,697		4,649,842
Goodwill			2,892,065		5,579,547
Fair value of the consideration transferred			$ 4,812,762		$ 10,229,389
Special Projects Media LLC [Member] | Revision of Prior Period, Adjustment [Member]
Business Acquisition [Line Items]
Cash	[1]
Accounts receivable	[1]
Other current assets	[1]
Right-of-use asset	[1]
Other assets	[1]
Intangibles	[1]
Total identifiable assets acquired	[1]
Accounts payable	[1]
Accrued expenses and other current liabilities	[1]
Lease liability	[1]
Deferred revenue	[1]
Total liabilities assumed	[1]
Goodwill	[1]	181,688
Fair value of the consideration transferred	[1]	$ 181,688
[1]On May 14, 2024, the Company entered into an agreement with the sellers of Special Projects to amend the Special Projects Purchase Agreement to revise the working capital mechanism to provide that the working capital surplus, as defined in the Special Projects Purchase Agreement, plus a ten percent premium be paid to the sellers of Special Projects by issuing 714,578 shares of its common stock on May 15, 2024. The adjustment resulted in an increase to the purchase price and an increase to goodwill.

ACQUISITIONS (Details 4)

ACQUISITIONS (Details 4) - Special Projects Media LLC [Member] - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Business Acquisition [Line Items]
Revenue	$ 14,573,975	$ 42,012,636	$ 40,228,563
Net Loss	$ (3,918,194)	$ (10,423,526)	$ (14,041,056)

ACQUISITIONS (Details Narrative

ACQUISITIONS (Details Narrative) - USD ($)				9 Months Ended
	Jul. 15, 2024	May 15, 2024	Oct. 02, 2023	Sep. 30, 2023
Special Projects Media LLC [Member]
Business Acquisition [Line Items]
Cash paid to sellers at closing	$ 1,863,000		$ 5,000,000
Common stock issued	961,300
Contingent consideration	$ 436,000
Pro forma description				The pro forma amounts for 2023 have been calculated after applying the Company’s accounting policies and adjusting the results of the acquisition to reflect (a) the amortization that would have been charged, assuming the intangible assets resulting from the acquisition had been recorded on January 1, 2023, (b) include interest expense on the BKU Term Loan (see Note 7) in the amount of $56,070 and $175,908 for the three and nine months ended September 30, 2023, respectively, and (c) eliminate $132,000 and $340,610 of revenue and expenses related to work performed by Special Projects for Dolphin
Socialyte Seller [Member]
Business Acquisition [Line Items]
Payment to seller			$ 5,000,000
Number of shares issued		714,578	2,500,000

NOTES RECEIVABLE (Details Narra

NOTES RECEIVABLE (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Aug. 09, 2024	Jul. 15, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unsecured convertible promissory notes	$ 1,135,000	$ 1,135,000	$ 135,000	$ 110,000
Write-off of notes receivable		$ 1,270,000
Midnight Theatre Notes [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payment of notes receivable	$ 110,000

OTHER CURRENT LIABILITIES (Deta

OTHER CURRENT LIABILITIES (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Accrued funding under Max Steel production agreement	$ 620,000	$ 620,000
Accrued audit, legal and other professional fees	239,301	310,797
Accrued commissions	354,202	697,106
Accrued bonuses	864,112	971,276
Talent liability	6,020,146	2,983,577
Accumulated customer deposits	1,457,101	432,552
Accrued interest	301,841
Other	890,959	1,678,806
Other current liabilities	$ 10,747,662	$ 7,694,114

DEBT (Details)

DEBT (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
Convertible notes payable	$ 5,100,000	$ 5,100,000
Convertible note payable - fair value option	300,000	355,000
Non-convertible promissory notes	3,880,000	3,880,000
Non-convertible promissory notes – Socialyte	3,000,000	3,000,000
Loans from related party	3,217,873	1,107,873
Revolving line of credit	400,000	400,000
Term loan, net of debt issuance costs	4,755,385	5,482,614
Total debt	20,653,258	19,325,487
Less current portion of debt	(4,945,151)	(4,880,651)
Noncurrent portion of debt	$ 15,708,107	$ 14,444,836

DEBT (Details 1)

DEBT (Details 1)	9 Months Ended
	Sep. 30, 2024 USD ($)
Debt Instrument [Line Items]
2024	$ 3,757,627
2025	2,233,866
2026	4,034,180
2027	4,626,631
2028	3,243,244
Thereafter	$ 3,025,000
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
Maturity Date	Between October 2026 and March 2030
2024
2025
2026	1,750,000
2027	3,350,000
2028
Thereafter	$ 500,000
Nonconvertible Promissory Notes [Member]
Debt Instrument [Line Items]
Maturity Date	Between November 2024 and March 2029
2024	$ 500,000
2025	750,000
2026
2027
2028	2,215,000
Thereafter	$ 415,000
Nonconvertible Promissory Notes Socialyte [Member]
Debt Instrument [Line Items]
Maturity Date	September 2023	[1]
2024	$ 3,000,000	[1]
2025		[1]
2026		[1]
2027		[1]
2028		[1]
Thereafter		[1]
Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Maturity Date	October 2, 2025 (mandatory 30-day annual clearing of the line of credit balance)
2024
2025	400,000
2026
2027
2028
Thereafter
Term Loan [Member]
Debt Instrument [Line Items]
Maturity Date	September 2028
2024	$ 257,627
2025	1,083,866
2026	1,176,307
2027	1,276,631
2028	1,028,244
Thereafter
Loan From Related Party [Member]
Debt Instrument [Line Items]
Maturity Date	Between December 2026 and June 2029
2024
2025
2026	1,107,873
2027
2028
Thereafter	$ 2,110,000
[1]As discussed below, The Socialyte Purchase Agreement (as defined below) allows the Company to offset a working capital deficit against the Socialyte Promissory Note (as defined below). As such, the Company deferred the installment payments until the final post-closing working capital adjustment is agreed upon with the seller of Socialyte.

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Aug. 27, 2024
Short-Term Debt [Line Items]
Interest rate					10%
Share price			$ 2		$ 2
Gain (loss) on fair value			$ 10,000	$ 0	$ 55,000	$ 6,444
Interest expense			533,454	604,669	1,559,276	1,413,177
Proceeds from unsecured promissory note						2,630,000
Current liabilities			24,805,764		24,805,764		$ 27,454,045
Interest payment			80,972	27,621	$ 195,853	82,863
Bank united loan description					the Company entered into a loan agreement with BankUnited (“BankUnited Loan Agreement”), which includes: (i) $5,800,000 secured term loan (“BKU Term Loan”), (ii) $750,000 of a secured revolving line of credit (“BKU Line of Credit”), and (iii) $400,000 Commercial Card (“BKU Commercial Card”). The BankUnited Loan Agreement refinanced the Company’s previous credit facility with BankProv.
Minimum deposit amount			1,500,000		$ 1,500,000
Line of credit								$ 400,000
Repayment of line of credit					400,000
Two Payments [Member]
Short-Term Debt [Line Items]
Socialyte promissory note amount	$ 1,500,000	$ 1,500,000
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Interest expense			127,500	128,750	382,750	414,880
Interest payments					382,750	413,764
Interest expense			9,863	9,863	29,589	29,589
Cash interest payments					29,589	29,589
Convertible Debt [Member]
Short-Term Debt [Line Items]
Noncurrent liabilities			300,000		300,000		355,000
Non Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Proceeds from unsecured promissory note					3,880,000
Net of debt discount recorded as current liability			900,000		900,000		500,000
Current liabilities			2,980,000		2,980,000		3,380,000
Interest expense related to promissory notes			97,000	93,142	291,000	238,195
Interest payment					291,000	215,111
Nonconvertible Unsecured Promissory Note [Member]
Short-Term Debt [Line Items]
Interest expense related to promissory notes			$ 30,000	$ 30,000	$ 90,000	$ 95,000
Two Convertible Notes [Member]
Short-Term Debt [Line Items]
Conversion price			$ 5		$ 5
Convertible Promissory Notes [Member]
Short-Term Debt [Line Items]
Debt conversion, principal					$ 5,100,000		$ 5,100,000

LOANS FROM RELATED PARTY (Detai

LOANS FROM RELATED PARTY (Details Narrative) - USD ($)		1 Months Ended			3 Months Ended		9 Months Ended
	Jun. 10, 2024	May 28, 2024	Apr. 29, 2024	Jan. 16, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Debt Instrument [Line Items]
Debt interest rate							10%
Accrued interest amounted					$ 301,841		$ 301,841
Cash interest payment					200,000		200,000
Interest expenses related party					80,972	$ 27,621	195,853	$ 82,863
Donald Scott Mock [Member]
Debt Instrument [Line Items]
Debt maturity date		May 28, 2029		Jan. 16, 2029
Debt interest rate		10%		10%
Non convertible promissory note		$ 75,000		$ 900,000
Received amount		$ 975,000		$ 975,000
Accrued interest							66,042
Nonconvertible Promissory Notes [Member]
Debt Instrument [Line Items]
Principal balance	$ 135,000		$ 1,000,000		1,107,873		$ 1,107,873
Debt maturity date	Jun. 10, 2029		Apr. 29, 2029				Dec. 31, 2026
Debt interest rate	10%		10%				10%
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Principal balance					2,242,873		$ 2,242,873		1,107,873
Accrued interest amounted					$ 207,235		$ 207,235		$ 277,423

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Carrying amount	$ 4,755,385	$ 5,482,614
Convertible Notes Payable [Member]
Schedule of Investments [Line Items]
Carrying amount	5,100,000	5,100,000
Fair value	4,824,000	4,875,000
Convertible Notes Payable At Fair Value [Member]
Schedule of Investments [Line Items]
Carrying amount	300,000	355,000
Fair value	300,000	355,000
Contingent Consideration [Member]
Schedule of Investments [Line Items]
Carrying amount	436,000
Fair value	436,000
Warrant Liability [Member]
Schedule of Investments [Line Items]
Carrying amount		5,000
Fair value		5,000
Cash and Cash Equivalents [Member]
Schedule of Investments [Line Items]
Carrying amount	5,659,883	6,432,731
Fair value	5,659,883	6,432,731
Restricted Cash [Member]
Schedule of Investments [Line Items]
Carrying amount	925,004	1,127,960
Fair value	$ 925,004	$ 1,127,960

FAIR VALUE MEASUREMENTS (Deta_2

FAIR VALUE MEASUREMENTS (Details 1) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Net Carrying Amount	$ 5,100,000	$ 5,100,000
Fair Value Amount	4,824,000	4,875,000
October 2026 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	800,000	800,000
Fair Value Amount	763,000	817,000
November 2026 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	300,000	300,000
Fair Value Amount	286,000	285,000
December 2026 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	650,000	650,000
Fair Value Amount	616,000	649,000
January 2027 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	800,000	800,000
Fair Value Amount	804,000	821,000
June 2027 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	150,000	150,000
Fair Value Amount	141,000	140,000
August 2027 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	2,000,000	2,000,000
Fair Value Amount	1,848,000	1,808,000
September 2027 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	400,000	400,000
Fair Value Amount	$ 366,000	$ 355,000

FAIR VALUE MEASUREMENTS (Deta_3

FAIR VALUE MEASUREMENTS (Details 2) - Monte Carlo Simulation [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Stock Price	$ 1.26	$ 3.42
Annual asset volatility estimate	70%	80%
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Minimum conversion price	$ 2	$ 4
Risk free discount rate	3.58%	3.95%
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Minimum conversion price	$ 5	$ 5
Risk free discount rate	3.66%	5.01%

FAIR VALUE MEASUREMENTS (Deta_4

FAIR VALUE MEASUREMENTS (Details 3)	9 Months Ended
	Sep. 30, 2024 USD ($)
Fair Value Disclosures [Abstract]
Beginning balance	$ 355,000
(Gain) Loss on the change in fair value reported in the condensed consolidated statements of operations	(55,000)
Ending balance	$ 300,000

FAIR VALUE MEASUREMENTS (Deta_5

FAIR VALUE MEASUREMENTS (Details 4) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Expected term (years)	5 years 5 months 4 days	3 years 5 months 1 day
Convertible Debt [Member]
Short-Term Debt [Line Items]
Face value principal payable	$ 500,000	$ 500,000
Original conversion price	$ 7.82	$ 7.82
Value of common stock	$ 1.26	$ 3.42
Volatility	90%	90%
Risk free rate	3.60%	4.41%

FAIR VALUE MEASUREMENTS (Deta_6

FAIR VALUE MEASUREMENTS (Details Narrative)	9 Months Ended
	Sep. 30, 2024 USD ($) shares
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Face value	$ 500,000
Warrants exercisable | shares	10,000
Contingent Consideration [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Aggregate principal amount	$ 5,100,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)		3 Months Ended		9 Months Ended
	Aug. 10, 2022	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Share of common stock sale		0		475,000
Proceeds from issuance of common stock				$ 1,185,300
Lincoln Park Transaction [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares available to purchase per agreement, value	$ 25,000,000
Share of common stock sale			150,000		575,000
Proceeds from issuance of common stock			$ 550,850		$ 2,162,150
Lincoln Park Transaction [Member] | Minimum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share		$ 2.14	$ 3.31	$ 2.14	$ 3.31
Lincoln Park Transaction [Member] | Maximum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share		$ 3.06	$ 4.54	$ 3.06	$ 4.54

LOSS PER SHARE (Details)

LOSS PER SHARE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Loss per share:
Net loss	$ (8,692,389)	$ (3,863,328)	$ (10,643,614)	$ (14,791,892)
Net income attributable to participating securities
Net loss attributable to Dolphin Entertainment common stock shareholders and numerator for basic loss per share	(8,692,389)	(3,863,328)	(10,643,614)	(14,791,892)
Change in fair value of convertible notes payable
Interest expense
Numerator for diluted loss per share	$ (8,692,389)	$ (3,863,328)	$ (10,643,614)	$ (14,791,892)
Denominator for basic EPS - weighted-average shares	10,930,286	7,060,638	9,964,607	6,664,069
Convertible notes payable
Denominator for diluted EPS - adjusted weighted-average shares	10,930,286	7,060,638	9,964,607	6,664,069
Basic loss per share	$ (0.80)	$ (0.55)	$ (1.07)	$ (2.22)
Diluted loss per share	$ (0.80)	$ (0.55)	$ (1.07)	$ (2.22)

LOSS PER SHARE (Details Narrati

LOSS PER SHARE (Details Narrative) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock excercise warrant shares	10,000		10,000
Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock issued upon conversion, shares	3,427,514	1,441,880	2,376,531	1,282,820

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Dec. 31, 2012	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Interest expense		$ 66,164	$ 66,164	$ 197,055	$ 196,336
Interest paid related to accrued compensation					$ 400,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Signing bonus owed to related party per signed agreement	$ 1,000,000
Base salary	$ 1,625,000
Interest rate	10%
Accrued Salaries		2,625,000		2,625,000		$ 2,625,000
Accrued interest and liabilities		$ 1,637,641		$ 1,637,641		$ 1,440,586

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Revenue from External Customer [Line Items]
Revenue	$ 12,682,437	$ 10,184,511	$ 39,367,418	$ 31,100,867
Total operating income (loss)	(8,154,699)	(2,111,356)	(9,109,623)	(12,128,096)
Interest expense	(530,063)	(500,366)	(1,549,285)	(1,103,753)
Other (expense) income, net	(10,000)		60,000	(1,444)
Loss before income taxes and equity in losses of unconsolidated affiliates	(8,694,762)	(2,611,722)	(10,598,908)	(13,233,293)
Total assets	57,300,517		57,300,517		$ 66,254,974
EPM [Member]
Revenue from External Customer [Line Items]
Revenue	12,682,437	10,184,511	35,946,277	31,100,867
Total operating income (loss)	(7,088,407)	1,032,134	(7,538,505)	(8,142,846)
Total assets	52,841,013		52,841,013		62,908,337
CPD [Member]
Revenue from External Customer [Line Items]
Revenue			3,421,141
Total operating income (loss)	(1,066,292)	$ (3,143,490)	(1,571,118)	$ (3,985,250)
Total assets	$ 4,459,504		$ 4,459,504		$ 3,346,637

SEGMENT INFORMATION (Details Na

SEGMENT INFORMATION (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Net accumulated amortization	$ 12,602,472	$ 10,921,306
Forty Second West Door and Viewpoint Shore Media [Member]
Restructuring Cost and Reserve [Line Items]
Intangible assets	10,808,498
Net accumulated amortization	$ 21,622,279

LEASES (Details)

LEASES (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Assets
Right-of-use asset	$ 3,988,810	$ 5,469,743
Current
Lease liability	1,758,860	2,141,240
Noncurrent
Lease liability	2,767,090	3,986,787
Total operating lease liability	$ 4,525,950	$ 6,128,027

LEASES (Details 1)

LEASES (Details 1) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Assets
Right-of-use asset	$ 152,175	$ 129,993
Current
Lease liability	80,727	50,973
Noncurrent
Lease liability	77,436	81,855
Total finance lease liability	$ 158,163	$ 132,828

LEASES (Details 2)

LEASES (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net operating lease costs	$ 586,898	$ 590,176	$ 1,732,007	$ 1,779,387
Total finance lease costs	21,421	13,004	69,199	28,929
Selling, General and Administrative Expenses [Member]
Operating lease costs	693,733	699,983	2,049,925	2,109,576
Sublease income	(106,835)	(109,807)	(317,918)	(330,189)
Amortization of right-of-use assets	18,403	10,589	59,385	15,840
Interest on lease liability	$ 3,018	$ 2,415	$ 9,814	$ 13,089

LEASES (Details 3)

LEASES (Details 3) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Present value of lease liabilities, operating leases	$ 4,525,950	$ 6,128,027
Present value of lease liabilities, finance leases	158,163	$ 132,828
Property subject to finance lease [Member]
2024	22,019
2025	88,073
2026	54,567
2027	6,111
2028
Thereafter
Total lease payments	170,770
Less: Imputed interest	(12,607)
Property Subject to Operating Lease [Member]
2024	639,194
2025	1,979,589
2026	1,782,057
2027	719,797
2028
Thereafter
Total lease payments	5,120,637
Less: Imputed interest	$ (594,687)

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Leases
Operating lease payment	$ 2,001,959	$ 1,999,745
Operating lease term	2 years 5 months 23 days
Finance lease term	2 years 10 days
Lease operating discount rate	8.99%
Finance lease discount rate	8.40%

COLLABORATIVE ARRANGEMENT (Deta

COLLABORATIVE ARRANGEMENT (Details Narrative) - Amazon Content Services [Member] - USD ($)		1 Months Ended	9 Months Ended
	Jul. 09, 2024	Feb. 22, 2024	Sep. 30, 2024
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Net revenue			$ 3,421,141
IMAX [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Company received amount	$ 2,556,452	$ 777,905

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details)	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Share-Based Payment Arrangement [Abstract]
Number of shares outstanding, beginning | shares
Weiighted average grant date fair value, beginning | $ / shares
Number of shares granted | shares	6,784
Weighted average grant date fair value granted | $ / shares	$ 2.88
Number of shares forfeited | shares	(778)
Weighted average grant date fair value forfeited | $ / shares	$ 2.88
Number of shares vested | shares	(4,600)
Weighted average grant date fair value vested | $ / shares	$ 2.88
Number of shares outstanding, ending | shares	1,406
Weiighted average grant date fair value, ending | $ / shares	$ 2.88

SHARE-BASED COMPENSATION (Det_2

SHARE-BASED COMPENSATION (Details Narrative) - USD ($)		3 Months Ended	9 Months Ended
	Jun. 29, 2017	Sep. 30, 2024	Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares Granted			6,784
Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares Granted	1,000,000
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Compensation expense		$ 3,725	$ 13,248
Compensation expense			$ 4,049