Dolphin Entertainment (DLPN) 10-Q 19 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Nov. 17, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
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		7,941,234

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 12,652,902	$ 7,923,280
Restricted cash	541,883	714,096
Accounts receivable, net of allowance of $391,575 and $653,272, respectively	6,227,162	5,027,101
Other current assets	529,133	231,890
Total current assets	19,951,080	13,896,367
Capitalized production costs, net	251,087	271,139
Right-of-use asset	6,614,616	7,106,279
Goodwill	20,015,800	19,627,856
Intangible assets, net of accumulated amortization of $6,932,935 and $5,747,941, respectively	6,537,065	7,452,059
Property, equipment and leasehold improvements, net	532,485	800,071
Deposits and other assets	231,542	198,180
Total Assets	54,133,675	49,351,951
Current liabilities:
Accounts payable	810,167	1,190,184
Term loan	600,195	900,292
Notes payable, current portion	305,037	846,749
Convertible notes payable at fair value, current portion	0	580,000
Paycheck Protection Program loan, current portion	304,169	582,438
Contingent consideration	600,000
Loan from related party	0	1,107,873
Accrued interest – related party	1,812,315	1,783,121
Accrued compensation – related party	2,625,000	2,625,000
Put rights	0	1,544,029
Lease liability	1,724,404	1,791,773
Contract liabilities	4,266,539	1,855,209
Other current liabilities	2,368,488	2,045,844
Total current liabilities	15,416,314	16,852,512
Notes payable	896,894	426,645
Convertible notes payable	4,750,000	1,445,000
Convertible notes payable at fair value	1,253,689	947,291
Paycheck Protection Program loan	0	2,517,431
Contingent consideration	1,240,000	530,000
Loan from related party	1,107,873	0
Lease liability	5,531,736	5,964,275
Warrant liability	205,000	450,000
Other noncurrent liabilities	200,000	550,000
Total noncurrent liabilities	15,185,192	12,830,642
Total Liabilities	30,601,506	29,683,154
STOCKHOLDERS' EQUITY
Common stock, $0.015 par value, 200,000,000 shares authorized, 7,768,684, issued and outstanding at September 30, 2021 and 40,000,000 shares authorized, 6,618,785, issued and outstanding at December 31, 2020	116,528	99,281
Preferred stock, Series C, $0.001 par value, 50,000 shares authorized, issued and outstanding at September 30, 2021 and December 31, 2020	1,000	1,000
Additional paid in capital	125,167,074	117,540,557
Accumulated deficit	(101,752,433)	(97,972,041)
Total Stockholders' Equity	23,532,169	19,668,797
Total Liabilities and Stockholders' Equity	$ 54,133,675	$ 49,351,951

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Allowance for doubtful debts	$ 391,575	$ 653,272
Intangible assets, accumulated amortization	$ 6,932,935	$ 5,747,941
Common stock, par value	$ 0.015	$ 0.015
Common stock, authorized	200,000,000	40,000,000
Common stock, issued	7,768,684	6,618,785
Common stock, Outstanding	7,768,684	6,618,785
Preferred stock, authorized shares	10,000,000
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized shares	50,000	50,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues:
Entertainment publicity and marketing	$ 9,399,432	$ 5,527,943	$ 25,219,793	$ 17,356,468
Content production	0	0	0	0
Total revenues	9,399,432	5,527,943	25,219,793	17,356,468
Operating expenses:
Direct costs	991,708	575,243	2,578,295	1,790,468
Payroll and benefits	5,875,755	3,604,852	16,770,091	11,384,791
Selling, general and administrative	1,519,812	953,993	4,234,309	3,247,474
Depreciation and amortization	475,207	514,097	1,436,189	1,531,561
Legal and professional	498,661	372,943	1,301,267	945,257
Total expenses	9,361,143	6,021,128	26,320,151	18,899,551
Income (loss) from operations	38,289	(493,185)	(1,100,358)	(1,543,083)
Other income (expenses):
Gain on extinguishment of debt, net	1,733,400	51,333	2,689,010	3,311,198
Loss on disposal of fixed assets	0	0	(48,461)	0
Loss on the deconsolidation of Max Steel VIE	0	0	0	(1,484,591)
Change in fair value of convertible notes and derivative liabilities	(223,923)	8,730	(826,398)	(540,231)
Change in fair value of warrants	(55,000)	145,559	(2,552,877)	(265,445)
Change in fair value of put rights	0	159,457	(71,106)	1,677,267
Change in fair value of contingent consideration	(1,110,000)	140,000	(1,310,000)	(330,000)
Acquisition costs	0	(61,196)	(22,907)	(61,196)
Interest expense and debt amortization	(241,115)	(270,815)	(576,146)	(1,953,790)
Total other income (expense), net	103,362	173,068	(2,718,885)	353,212
Income (loss) before income taxes	141,651	(320,117)	(3,819,243)	(1,189,871)
Income tax benefit	0	182,487	38,851	182,487
Net income (loss)	$ 141,651	$ (137,630)	$ (3,780,392)	$ (1,007,384)
Earnings (loss) per share:
Basic	$ 0.02	$ (0.02)	$ (0.50)	$ (0.19)
Diluted	$ 0.02	$ (0.04)	$ (0.50)	$ (0.45)
Weighted average number of shares outstanding:
Basic	7,740,085	6,676,405	7,551,974	5,223,441
Diluted	7,740,085	6,912,011	7,551,974	5,975,610

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,780,392)	$ (1,007,384)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	1,436,189	1,531,561
Loss on deconsolidation of Max Steel VIE	0	1,484,591
Bonus payment issued in shares	17,858	0
Beneficial conversion feature of convertible notes payable	0	1,327,993
Interest owed on convertible debt settled with shares of common stock upon conversion	0	10,812
Amortization of debt discount	0	59,669
Gain on extinguishment of debt	(2,689,010)	(3,311,198)
Loss on disposal of fixed assets	48,461	0
Impairment of capitalized production costs	115,881	30,000
Bad debt and recovery of account receivable written off, net	232,100	283,028
Change in fair value of put rights	71,106	(1,677,267)
Change in fair value of contingent consideration	1,310,000	330,000
Change in fair value of warrants	2,552,877	265,445
Change in fair value of convertible notes and derivative liabilities	826,398	540,231
Change in deferred tax	(38,851)	(182,487)
Changes in operating assets and liabilities:
Accounts receivable	(1,278,000)	(41,431)
Other current assets	(206,762)	(222,507)
Capitalized production costs, net	(95,829)	(74,540)
Deposits and other assets	(9,744)	(94,561)
Contract liability	2,354,336	(49,944)
Accounts payable	(484,741)	138,464
Accrued interest – related party, net	29,194	0
Lease liability, net	(8,245)	60,486
Other current liabilities	117,134	(8,668)
Net cash provided by (used in) operating activities	519,960	(607,707)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of fixed assets	0	(11,878)
Acquisition of B/HI Communications, Inc, net of cash acquired	(525,856)	0
Acquisition of Be Social Public Relations LLC, net of cash acquired	0	(1,048,646)
Net cash used in investing activities	(525,856)	(1,060,524)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of the line of credit	0	(500,000)
Proceeds from convertible notes payable	5,950,000	2,895,000
Repayment of convertible notes payable	0	(1,702,064)
Repayment of term loan	(300,097)	(200,065)
Repayment of notes payable	(71,463)	(64,911)
Proceeds from PPP loans	0	2,795,700
Exercise of put rights	(1,015,135)	(1,266,000)
Proceeds from sale of common stock through registered direct offering	0	7,602,297
Installment payment to seller of Shore Fire	0	(624,836)
Installment payment to seller of Viewpoint	0	(250,000)
Net cash provided by financing activities	4,563,305	8,685,121
Net increase in cash and cash equivalents and restricted cash	4,557,409	7,016,890
Cash and cash equivalents and restricted cash, beginning of period	8,637,376	2,910,338
Cash and cash equivalents and restricted cash, end of period	13,194,785	9,927,228
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Interest paid	495,722	256,504
SUPPLEMENTAL DISCLOSURES OF NON CASH FLOW INFORMATION:
Principal balance of convertible notes converted into shares of common stock	3,745,000	3,510,000
Issuance of shares of common stock related to the acquisitions	350,000	314,581
Liability for contingent consideration for the acquisitions	0	805,000
Liability for put rights to the Sellers of 42West	0	1,897,780
Put rights exchanged for shares of common stock	600,000	0
Interest on notes paid in stock	8,611	10,812
Employee bonus paid in stock	17,858	0
Cash and cash equivalents	12,652,902	9,213,083
Restricted cash	541,883	714,145
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	$ 13,194,785	$ 9,927,228

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, 2019	$ 1,000	$ 53,679	$ 106,680,619	$ (97,158,766)	$ 9,576,532
Beginning Balance, Shares at Dec. 31, 2019	50,000	3,578,580
Net loss				2,073,847	2,073,847
Deconsolidation of Max Steel VIE				1,125,917	1,125,917
Issuance of shares related to acquisition of Viewpoint		$ 746	(746)
Issuance of shares related to acquisition of Viewpoint, Shares		49,747
Issuance of shares related to financing agreement		$ 150	(150)
Issuance of shares related to financing agreement, Shares		10,000
Beneficial conversion of convertible promissory note			301,781		301,781
Issuance of shares related to conversion of notes payable		$ 5,633	1,169,788		1,175,421
Issuance of shares related to conversion of notes payable, Shares		375,562
Shares retired from exercise of puts		$ (98)	(1,637,102)		(1,637,200)
Shares retired from exercise of puts, Shares		(6,507)
Ending balance, value at Mar. 31, 2020	$ 1,000	$ 60,110	106,514,190	(93,959,002)	12,616,298
Ending Balance, Shares at Mar. 31, 2020	50,000	4,007,382
Net loss				(2,943,601)	(2,943,601)
Issuance of shares related to acquisition of Viewpoint		$ 10	(10)
Issuance of shares related to acquisition of Viewpoint, Shares		685
Beneficial conversion of convertible promissory note			856,863		856,863
Issuance of shares related to conversion of notes payable		$ 7,109	1,288,951		1,296,060
Issuance of shares related to conversion of notes payable, Shares		473,900
Issuance of shares related to cashless exercise of warrants		$ 1,131	368,344		369,475
Issuance of shares related to cashless exercise of warrants, Shares		75,403
Issuance of earnout shares to sellers of 42West		$ 2,799	(302,799)		(300,000)
Issuance of earnout shares to sellers of 42West shares		186,573
Issuance of shares related to direct registered sale of common stock		$ 23,700	7,620,650		7,644,350
Issuance of shares related to direct registered sale of common stock, shares		1,580,000
Shares retired from exercise of puts		$ (32)	32
Shares retired from exercise of puts, Shares		(2,162)
Ending balance, value at Jun. 30, 2020	$ 1,000	$ 94,827	116,346,221	(96,902,603)	19,539,445
Ending Balance, Shares at Jun. 30, 2020	50,000	6,321,781
Net loss				(137,630)	(137,630)
Beneficial conversion of convertible promissory note			100,000		100,000
Issuance of shares related to conversion of notes payable		$ 3,063	898,499		901,562
Issuance of shares related to conversion of notes payable, Shares		204,183
Issuance of shares to seller of Be Social		$ 1,049	313,532		314,581
Issuance of shares to seller of Be Social, Shares		69,907
Legal fees related to direct registered offering			(42,085)		(42,085)
Shares retired from exercise of puts		$ (533)	(199,768)		(200,301)
Shares retired from exercise of puts, Shares		(35,528)
Ending balance, value at Sep. 30, 2020	$ 1,000	$ 98,406	117,416,399	(97,040,233)	20,475,572
Ending Balance, Shares at Sep. 30, 2020	50,000	6,560,343
Beginning balance, value at Dec. 31, 2020	$ 1,000	$ 99,281	117,540,557	(97,972,041)	19,668,797
Beginning Balance, Shares at Dec. 31, 2020	50,000	6,618,785
Net loss				(5,271,985)	(5,271,985)
Issuance of shares related to conversion of notes payable		$ 9,948	2,543,664		2,553,612
Issuance of shares related to conversion of notes payable, Shares		663,155
Issuance of shares related to cashless exercise of warrants		$ 2,190	2,795,687		2,797,877
Issuance of shares related to cashless exercise of warrants, Shares		146,027
Issuance of shares to seller of Be Social		$ 1,549	348,451		350,000
Issuance of shares to seller of Be Social, Shares		103,245
Consideration for acquisition of B/HI Communications, Inc			31,158		31,158
Issuance of shares related to exchange of Put Rights for stock		$ 1,163	356,199		357,362
Issuance of shares related to exchange of Put Rights for stock, Shares		77,519
Shares retired from exercise of puts		$ (51)	51
Shares retired from exercise of puts, Shares		(3,254)
Ending balance, value at Mar. 31, 2021	$ 1,000	$ 114,080	123,615,767	(103,244,026)	20,486,821
Ending Balance, Shares at Mar. 31, 2021	50,000	7,605,477
Net loss				1,349,942	1,349,942
Issuance of shares related to exchange of Put Rights for stock		$ 568	348,759		349,327
Issuance of shares related to exchange of Put Rights for stock, Shares		37,847
Shares retired from exercise of puts		$ (227)	(13,203)		(13,430)
Shares retired from exercise of puts, Shares		(15,093)
Issuance of shares related to acquisition of The Door		$ 154	(154)
Issuance of shares related to acquisition of The Door, Shares		10,238
Ending balance, value at Jun. 30, 2021	$ 1,000	$ 114,575	123,951,169	(101,894,084)	22,172,660
Ending Balance, Shares at Jun. 30, 2021	50,000	7,638,469
Net loss				141,651	141,651
Issuance of shares for employee bonus		$ 29	17,829		17,858
Issuance of shares for employee bonus shares		1,935
Issuance of shares related to conversion of notes payable		$ 1,924	1,198,076		1,200,000
Issuance of shares related to conversion of notes payable, Shares		128,280
Ending balance, value at Sep. 30, 2021	$ 1,000	$ 116,528	$ 125,167,074	$ (101,752,433)	$ 23,532,169
Ending Balance, Shares at Sep. 30, 2021	50,000	7,768,684

GENERAL

GENERAL	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [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 premium content development company. Through its acquisitions of 42West LLC (“42West”), The Door Marketing Group, LLC (“The Door”), Shore Fire Media, Ltd (“Shore Fire”), Viewpoint Computer Animation Incorporated (“Viewpoint”), Be Social Public Relations, LLC (“Be Social”) and B/HI Communications, Inc. (“B/HI”), the Company provides expert strategic marketing and publicity services to all of the major film studios and many of the leading independent and digital content providers, A-list celebrity talent, including actors, directors, producers, celebrity chefs, social media influencers and recording artists. The Company also provides strategic marketing publicity services and creative brand strategies for prime hotel and restaurant groups and consumer brands. The strategic acquisitions of 42West, The Door, Shore Fire, Viewpoint, Be Social and B/HI bring together premium marketing services, including digital and social media marketing capabilities, with premium content production, creating significant opportunities to serve respective constituents more strategically and to grow and diversify the Company’s business. Dolphin’s content production business is a long established, leading independent producer, committed to distributing premium, best-in-class film and digital entertainment. Dolphin produces original feature films and digital programming primarily aimed at family and young adult markets. Impact of COVID-19 On March 11, 2020, the World Health Organization categorized a novel coronavirus (“COVID-19”) as a pandemic, and it has spread throughout the United States. The pandemic has had and continues to have a significant effect on economic conditions in the United States, and continues to cause significant uncertainties in the U.S. and global economies, particularly as a result of new Delta and other variants of COVID-19, which appear to be causing an increase in COVID-19 cases. Public health officials and medical professionals have warned that a resurgence of COVID-19 cases may continue, particularly if vaccination rates do not quickly increase or if additional, potent variants emerge. It is unclear how long a resurgence may last, how severe it may be, and what safety measures governments may impose in response to it. The extent to which the COVID-19 pandemic affects our business, operations and financial results depends, and will continue to depend, on numerous evolving factors that we may not be able to accurately predict. Since the outbreak of COVID-19 began and public and private sector measures to reduce its transmission were implemented, such as the imposition of social distancing and orders to work-from-home, stay-at-home and shelter-in-place, the demand for certain of the services the Company offers was adversely affected resulting in decreased revenues and cash flows. One of our subsidiaries operates in the food and hospitality sector, which was negatively impacted by the orders to either suspend or reduce operations of restaurants and hotels. Similarly, another subsidiary represents talent, such as actors, directors and producers, and revenues from these clients was negatively impacted by the suspension of content production. The television and streaming consumption around the globe has increased since the outbreak of COVID-19, as well as the demand for consumer products. Revenues from the marketing of these shows and products somewhat offset the decrease in revenue from the sectors discussed above. Between April 19, 2020 and April 23, 2020, the Company and its subsidiaries received five separate unsecured loans for an aggregate amount of $ 2.8 304,169 100,000 40 1.1 1.7 0.3 Depending on the extent and duration of the pandemic and the related economic impacts, COVID-19 may continue to impact our business and financial results, as well as significant judgments and estimates, including those related to goodwill and other asset impairments and allowances for doubtful accounts. 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 (“Max Steel Holdings”), Dolphin JB Believe Financing, LLC, Dolphin JOAT Productions, LLC, 42West, The Door, Viewpoint, Shore Fire, Be Social and B/HI. The Company enters into relationships or investments with other entities, and in certain instances, the entity in which the Company has a relationship or investment may qualify as a variable interest entity (“VIE”). A VIE is consolidated in the financial statements if the Company is deemed to be the primary beneficiary of the VIE. The primary beneficiary is the party that has the power to direct activities that most significantly impact the economic performance of the VIE and has the obligation to absorb losses or the right to benefits from the VIE that could potentially be significant to the VIE. The Company is deemed to be the primary beneficiary and as such it has included JB Believe, LLC, formed on December 4, 2012 in the State of Florida, in its condensed consolidated financial statements for the three and nine months ended September 30, 2021 and 2020 as a VIE. On September 24, 2021, the Company filed an amendment to its Amended and Restated Articles of Incorporation with the Secretary of the State of the State of Florida to increase its authorized shares of Common Stock to 200,000,000 40,000,000 On November 23, 2020, 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-5 reverse stock split (the “Reverse Stock Split”) of the authorized, issued and outstanding shares of the Common Stock. The Reverse Stock Split was effective as of 12:01 a.m. (Eastern Time) on November 27, 2020 (the “Effective Time”). At the Effective Time, the number of authorized shares of Common Stock was reduced from 200,000,000 shares to 40,000,000. The unaudited condensed consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“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, 2021, and its results of operations for the three and nine months ended September 30, 2021 and 2020, and cash flows for the nine months ended September 30, 2021 and 2020. 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, 2021 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2021. The condensed consolidated balance sheet at December 31, 2020 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, 2020. Reclassifications Reclassifications have been made to our unaudited condensed consolidated financial statements for the prior period to conform to classifications used in 2021. These reclassifications had no impact on the Company’s condensed consolidated statements of operations or condensed consolidated statements of cash flows. 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 estimates of the measurement of assets and liabilities at fair value, including amounts recognized in business combinations and items measured at fair value on a non-recurring basis, such as intangible assets, goodwill, the amount of the deferred tax, valuation allowance; and the estimate of contingent liabilities, and other allowances, such as the provisions for doubtful accounts. Management bases its estimates on historical experience and on other various assumptions that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from such estimates under different assumptions and conditions. Additionally, the full impact of the COVID-19 outbreak is unknown and cannot be reasonably estimated. However, management has made appropriate accounting estimates on certain accounting matters, which include the allowance for doubtful accounts, carrying value of the goodwill and other intangible assets, carrying amount of certain convertible notes payable and embedded derivatives and warrant liabilities, based on the facts and circumstances available as of the reporting date. The Company’s future assessment of the magnitude and duration of the COVID-19 outbreak, as well as other factors, could result in material impacts to the Company’s financial statements in future reporting periods. Update to Significant Accounting Policies The Company’s significant accounting policies are detailed in "Note 3: Summary of Significant Accounting Policies" within Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2020. Significant changes to our accounting policies as a result of adopting ASU 2020-06 during the nine months ended September 30, 2021 is discussed below. Other than the below, There were no significant changes to our accounting policies during the three and nine months ended September 30, 2021. Convertible Notes On January 1, 2021, the Company adopted Accounting Standards Update (“ASU”) 2020-06 that simplifies the accounting for convertible instruments. ASU 2020-06 (i) reduced the number of accounting models for convertible instruments, by eliminating the models that require separation of cash conversion or beneficial conversion features from the host and (ii) revised derivative scope exception and (iii) provided targeted improvements for EPS. The adoption of ASU 2020-06 did not have a material impact on the Company’s outstanding convertible debt instruments as of September 30, 2021. Recent Accounting Pronouncements Accounting Guidance Adopted In August 2020, the Financial Accounting Standards Board (“FASB”) issued ASU 2020-06— Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity's Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity's Own Equity. In December 2019, the FASB issued ASU 2019-12, “ Income taxes (Topic 740): Simplifying the Accounting for Income Taxes. ” Accounting Guidance Not Yet Adopted In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, to improve the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to recognition of an acquired contract liability and payment terms and their effect on subsequent revenue recognized by the acquirer. The guidance is effective for annual reporting periods beginning after December 15, 2022, including interim periods within that reporting period. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this standard will have on its Condensed Consolidated Financial Statements in connection with any future business combinations. In June 2016, the FASB issued new guidance on measurement of credit losses (ASU 2016-13, Measurement of Credit Losses on Financial Instruments) with subsequent amendments issued in November 2018 (ASU 2018-19) and April 2019 (ASU 2019-04). This update changes the accounting for credit losses on loans and held-to-maturity debt securities and requires a current expected credit loss (CECL) approach to determine the allowance for credit losses. It is applicable to trade accounts receivable. The guidance is effective for fiscal years beginning after December 15, 2022 with a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. Early adoption is permitted. The Company is in the process of evaluating the impact of the adoption of ASU 2016-13 on the Company's consolidated financial statements and disclosures.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2 — GOING CONCERN The accompanying condensed consolidated financial statements have been prepared in conformity with U.S. GAAP and contemplate the continuation of the Company as a going concern. The Company has suffered recurring losses, including a net loss of $ 3,780,392 101,752,433 Since the beginning of the pandemic, the Company implemented certain measures to mitigate the effects of the pandemic on the Company, such as a freezes on hiring, salary reductions, staff reductions and cuts in non-essential spending. In addition, the Company has taken other measures to strengthen its financial position, which is evidenced by a positive working capital for two straight quarters, as of June 30, 2021 and September 30, 2021. The Company is dependent upon funds from the issuance of debt securities, securities convertible into shares of its common stock, par value $ 0.015 These factors raise substantial doubt about the ability of the Company to continue as a going concern within one year after these condensed consolidated financial statements are issued. The condensed consolidated financial statements, of which these notes form a part, do not include any adjustments that might result from the outcome of these uncertainties. The Company’s management currently plans to raise any necessary additional funds through additional issuances of its Common Stock, securities convertible into its Common Stock and/or debt securities, as well as available bank and non-bank financing, or a combination of such financing alternatives. There is no assurance that the Company will be successful in raising additional capital. Any issuance of shares of Common Stock or securities convertible into Common Stock would dilute the equity interests of our existing shareholders, perhaps substantially.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 3 — GOODWILL AND INTANGIBLE ASSETS As of September 30, 2021, in connection with its acquisitions of 42West, The Door, Viewpoint, Shore Fire, Be Social and B/HI, the Company has a balance of $ 20,015,800 Goodwill All of the Company’s goodwill is related to the entertainment, publicity and marketing segment. Changes in the carrying value of goodwill were as follows: Schedule of Changes In Carrying Value of Goodwill Balance as of December 31, 2020 $ 19,627,856 Measurement period adjustments (1) (82,651 ) Business Acquisitions (2) 470,595 Balance as of September 30, 2021 $ 20,015,800 ——————— (1) Working Capital adjustment recorded in June 2021 in connection with the Be Social acquisition. (See Note 4) (2) Acquisition of B/HI in January 2021. Intangible Assets Intangible assets consisted of the following as of September 30, 2021 and December 31, 2020: Schedule of Intangible Assets September 30, 2021 December 31, 2020 Gross Accumulated Net Gross Accumulated Net Intangible assets subject to amortization: Customer relationships $ 8,290,000 $ 4,609,768 $ 3,680,232 $ 8,130,000 $ 3,787,406 $ 4,342,593 Trademarks and trade names 4,490,000 1,678,167 2,811,833 4,440,000 1,330,535 3,109,465 Non-compete agreements 690,000 645,000 45,000 630,000 630,000 — $ 13,470,000 $ 6,932,935 $ 6,537,065 $ 13,200,000 $ 5,747,941 $ 7,452,059 Amortization expense associated with the Company’s intangible assets was $ 394,998 423,412 1,184,994 1,254,402 Amortization expense related to intangible assets for the next five years is as follows: Schedule of amortization expense related to intangible assets for the next five years 2021 (October 1 through December 31, 2021) $ 394,997 2022 1,367,330 2023 1,152,421 2024 991,715 2025 961,373 Thereafter 1,669,229 Total $ 6,537,065

MERGERS AND ACQUISITIONS

MERGERS AND ACQUISITIONS	9 Months Ended
	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
MERGERS AND ACQUISITIONS	NOTE 4 — MERGERS AND ACQUISITIONS B/HI Communications, Inc. On January 8, 2021, but effective January 1, 2021, the Company acquired all of the issued and outstanding shares of B/HI, a California corporation, (the “B/HI Purchase”) pursuant to a share purchase agreement (the “B/HI Share Purchase Agreement”) between the Company and Dean G. Bender and Janice L. Bender, as co-trustees of the Bender Family Trust dated May 6, 2013 (collectively, the “B/HI Sellers). B/HI is an entertainment public relations agency that specializes in corporate and product communications programs for interactive gaming, esports, entertainment content and consumer product organizations. The total consideration paid to the B/HI Seller in respect to the B/HI Purchase is $ 0.8 1.2 The following table summarizes the provisional fair value of the consideration transferred: Summary of provisional fair value of consideration transferred Payments made to settle final indebtedness, net of minimum operating cash as defined in the B/HI Share Purchase Agreement $ 575,856 Provisional working capital adjustment 192,986 Provisional amount of Common Stock to be issued to the B/HI Sellers 31,158 Provisional fair value of the consideration transferred $ 800,000 As a condition to the B/HI Purchase, Dean Bender, one of the sellers and Shawna Lynch, a key employee of B/HI entered into employment agreements with the Company to continue as employees after the closing of the B/HI Purchase. Mr. Bender’s agreement is for a period of two years through December 31, 2022 and he will serve as Co-President of B/HI during that term. Ms. Lynch’s agreement is for a period of four years and may be renewed on the same terms for two successive two-year terms. Ms. Lynch will serve as Co-President of B/HI during the term of her agreement. The following table summarizes the provisional fair values of the assets acquired and liabilities assumed by the B/HI Purchase. Amounts in the table are estimates that may change, as described below. Schedule of Assets Acquired and Liabilities Assumed Schedule of Assets Acquired and Liabilities Assumed Cash $ 65,465 Accounts receivable 154,162 Other current assets 15,262 Property, equipment and leasehold improvements 24,639 Right-of-use asset 1,044,864 Other assets 23,617 Intangibles 270,000 Total identifiable assets acquired 1,598,009 Accrued payable (104,724 ) Accrued expenses and other current liabilities (259,936 ) Lease liability (1,044,864 ) Deferred revenue (56,994 ) Line of credit (456,527 ) Deferred tax liability (38,851 ) Loans payable (75,550 ) Total liabilities assumed (2,037,446 ) Net identifiable liabilities acquired (439,437 ) Goodwill 470,595 Net assets acquired $ 31,158 Unaudited Pro Forma Consolidated Statements of Operations For the three and nine months ended September 30, 2021, the Company’s statements of operations includes revenue pertaining to B/HI amounting to $ 1,082,856 2,509,697 263,681 420,751 Schedule of Proforma Results of Operations Schedule of Proforma Results of Operations Three Months ended Nine Months ended September 30, 2020 September 30, 2020 Revenues $ 6,241,570 $ 20,156,429 Net loss $ (422,185 ) $ (1,871,368 ) These amounts have been calculated after applying the Company’s accounting policies and adjusting the results of the acquisitions to reflect the amortization that would have been charged, assuming the intangible assets had been recorded on January 1, 2020. The impact of the acquisition of Be Social and B/HI on the Company’s actual results for periods following the acquisition may differ significantly from that reflected in this unaudited pro forma information for a number of 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 acquisitions been completed on January 1, 2020, 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. Be Social In August 2020, the Company acquired all of the issued and outstanding membership interest of Be Social. During June 2021, the Company recorded a measurement period adjustment amounting to $ 82,651

DEBT

DEBT	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
DEBT	NOTE 5 — DEBT Total debt of the Company was as follows as of September 30, 2021 and December 31, 2020: Schedule of debt Debt Type September 30, December 31, Convertible notes payable $ 4,750,000 $ 1,445,000 Convertible notes payable - fair value option 1,253,689 1,527,293 Notes payable 1,201,931 1,273,394 Term loan 600,195 900,292 Paycheck Protection Program loans 304,169 3,099,869 Total debt $ 8,109,984 $ 8,245,848 Less current portion of debt (1,057,317 ) (2,909,479 ) Noncurrent portion of debt $ 7,052,667 $ 5,336,369 The table below details the maturity dates for the Company’s debt as of September 30, 2021: Schedule of Future Annual Contractual Principal Payment Commitments of Debt Debt Type Maturity Date 2021 2022 2023 2024 2025 Thereafter Convertible notes payable Ranging between June 2023 and March 2030 $ — $ — $ 4,750,000 $ — $ — $ 500,000 Nonconvertible promissory notes Ranging between January 2022 and December 2023 25,287 307,685 868,959 — — — Term loan Bank United March 31, 2023 100,033 400,130 100,032 — — — Paycheck Protection Program loans May 5, 2022 114,063 190,106 — — — — $ 239,383 $ 897,921 $ 5,718,991 $ — $ — $ 500,000 Convertible Notes Payable 5,950,000 10% 2.50 During the nine months ended September 30, 2021, the holders of nine convertible notes issued during 2020 and 2021 converted the principal balance of $ 2,645,000 11,944 509,881 shares of Common Stock at conversion prices ranging between 3.69 9.46 The Company recorded interest expense related to these convertible notes payable of $ 88,000 130,482 109,176 As of September 30, 2021 and December 31, 2020, the principal balance of the convertible promissory notes of $ 4,750,000 1,445,000 The following is a summary of the Company’s convertible notes payable as of September 30, 2021: Schedule of convertible notes payable Fair Value Principal Amount Net Carrying Amount Level 10% convertible notes due in June 2023 $ 1,850,000 $ 1,850,000 $ 1,812,000 3 10% convertible notes due in August 2023 2,000,000 2,000,000 1,955,000 3 10% convertible notes due in September 2023 900,000 900,000 876,000 3 $ 4,750,000 $ 4,750,000 $ 4,643,000 Subsequent to September 30, 2021, the holders of three convertible notes converted the principal balance of $ 1,850,000 172,550 10.71 10.74 Convertible Notes Payable at Fair Value 1,600,000 On each of January 13, 2021 and January 27, 2021, notes with a remaining aggregate principal balance of $1,100,000 were converted into 281,554 shares of Common Stock at purchase prices ranging between $3.90 and $3.91 per share. The Company had a balance of $1,253,689 and $947,291 in noncurrent liabilities as of September 30, 2021 and December 31, 2020, respectively, and $580,000 in current liabilities as of December 31, 2020 recorded on its condensed consolidated balance sheets related to the convertible promissory notes measured at fair value. The Company recorded a loss in fair value of $223,923 and a gain of $8,730 for the three months ended September 30, 2021 and 2020, respectively, and losses in fair value of $826,398 and $540,231 for the nine months ended September 30, 2021 and 2020, respectively, on its condensed consolidated statements of operations. The Company recorded interest expense of $ 9,863 29,589 29,589 Nonconvertible Promissory Notes 1,201,933 10% As of September 30, 2021 and December 31, 2020, the Company had a balance of $ 305,037 846,749 896,894 426,645 30,317 32,668 92,765 99,648 93,186 100,028 Term Loan 100,033 300,098 6,813 23,334 600,195 The Term Loan contains both customary affirmative and negative covenants. The bank tests for compliance with debt covenants on an annual basis based on the financial statements of 42West and The Door as of and for the year ended December 31. Based on current economic factors and uncertainties due to COVID-19, the Company believes it is out of compliance with certain debt covenants as of and for the three and nine months ended September 30, 2021. As such, the Company classified the entire balance of the Term Loan in current liabilities on its condensed consolidated balance sheet as of September 30, 2021. Paycheck Protection Program Loan In April 2020, the Company and its subsidiaries received an aggregate amount of $ 2.8 304,169 1.1 1.7 0.3 As of September 30, 2021, the principal balance of the loan in the amount of $ 304,169

LOANS FROM RELATED PARTY

LOANS FROM RELATED PARTY	9 Months Ended
	Sep. 30, 2021
Loans From Related Party
LOANS FROM RELATED PARTY	NOTE 6 — LOANS FROM RELATED PARTY Dolphin Entertainment, LLC (“DE LLC”), an entity wholly owned by the Company’s Chief Executive Officer, William O’Dowd (the “CEO”), previously advanced funds for working capital to Dolphin Films. In prior years, Dolphin Films entered into a promissory note with DE LLC (the “Original DE LLC Note”) in the principal amount of $ 1,009,624 For the three and nine months ended September 30, 2021, the Company did not repay any principal balance of the New DE LLC Note. The Company recorded interest expense related to the New DE LLC Note amounting to $ 27,924 82,863 83,166 As of both September 30, 2021 and December 31, 2020, the Company had a principal balance of $ 1,107,873 27,925 26,683

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 7 — FAIR VALUE MEASUREMENTS Put Rights 22,867 1,015,135 600,000 115,366 The following is a reconciliation of the fair value of the Put Rights from December 31, 2020 to September 30, 2021: Schedule of Fair Value Assumptions Used to Value Liabilities Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 1,544,029 Put rights paid in 2021 (1,015,135 ) Loss in fair value reported in condensed consolidated the statements of operations 71,106 Put rights converted into common stock (600,000 ) Ending fair value of put rights reported in the condensed consolidated balance sheet at September 30, 2021 $ – Contingent consideration The Company records the fair value of the contingent consideration liability in the condensed consolidated balance sheets under the caption “Contingent Consideration” and records changes to the liability against earnings or loss under the caption “Changes in fair value of contingent consideration” in the condensed consolidated statements of operations. The Company utilized a Monte Carlo Simulation model, which incorporates significant inputs that are not observable in the market, and thus represents a Level 3 measurement as defined in ASC 820. The unobservable inputs utilized for measuring the fair value of the contingent consideration reflect management’s own assumptions about the assumptions that market participants would use in valuing the contingent consideration as of the acquisition date. The Company determined the fair value by using the following key inputs to the Monte Carlo Simulation Model: Schedule of Liability Fair Value Categorized Within Level 3 Schedule of Liability Fair Value Categorized Within Level 3 The Door Be Social B/HI (1) Inputs As of September 30, As of As of As of As of As of Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the contingent consideration) 0.04 % 0.16 % 0.14 0.34 % 0.13 0.17 % 0.04 0.14 % n/a % Annual Asset Volatility Estimate 72.5 % 60.0 % 90 % 73.5 % 85 % n/a % (1) In connection with the Company’s acquisition of B/HI, the seller of B/HI has the potential to earn up to $1,200,000 of contingent consideration, of which 50% is payable in cash, and 50% in shares of Common Stock, upon achievement of adjusted net income targets based on the operations of B/HI over the fiscal years ending December 31, 2021 and 2022. The fair value of this contingent consideration at the acquisition date was determined to be zero as the Company did not believe it was likely the adjusted net income targets would be met. The increase in the three and nine months ended September 30, 2021 related to a change in the likelihood of achieving the established targets in the B/HI acquisition. For the contingent consideration, which are measured at fair value categorized within Level 3 of the fair value hierarchy, the following is a reconciliation of the fair values from December 31, 2020 to September 30, 2021: Schedule of fair value categorized within Level 3 The Door Be Social B/HI Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 370,000 $ 160,000 $ – (Gain) Loss in fair value reported in the condensed consolidated statements of operations (100,000) 270,000 1,140,000 Ending fair value balance reported in the condensed consolidated balance sheet at September 30, 2021 $ 270,000 $ 430,000 $ 1,140,000 Fair Value Option (“FVO”) Election – Convertible notes payable and freestanding warrants 2020 convertible notes payable During 2020, the Company issued three convertible notes payable: a convertible note with a principal amount of $ 1.3 rd 500,000 th 560,000 th The 2020 convertible notes are measured at fair value categorized within Level 3 of the fair value hierarchy. The following is a reconciliation of the fair values from December 31, 2020 to September 30, 2021: January 3 rd March 4th Note March 25th Note Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 436,155 $ 511,136 $ 580,000 (Gain) loss in fair value reported in the condensed consolidated statements of operations 103,845 742,553 (20,000 ) Exercised during the nine months ended September 30, 2021 (540,000 ) — (560,000 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2021 $ — $ 1,253,689 $ — The estimated fair value of the January 3 rd th The estimated fair value of the March 4th Note as of September 30, 2021 and as of December 31, 2020, was computed using a Black-Scholes simulation of the present value of its cash flows using a synthetic credit rating analysis and a required rate of return, using the following assumptions: Schedule of estimated fair value Fair Value Assumptions - March 4 th September 30, December 31, Face value principal payable $ 500,000 $ 500,000 Original conversion price $ 3.91 $ 3.91 Value of Common Stock $ 12.16 $ 3.40 Expected term (years) 8.43 9.18 Volatility 100 % 100 % Risk free rate 1.42 % 0.93 % Warrants During the nine months ended September 30, 2021, the Series E, F, G, and H Warrants were all exercised and the Company issued 146,027 The warrants are measured at fair value and categorized within Level 3 of the fair value hierarchy. The following is a reconciliation of the fair values from December 31, 2020 to September 30, 2021: Fair Value: Series E, F, G and H Series I Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 400,000 $ 50,000 Loss in fair value reported in the condensed consolidated statements of operations 2,397,877 155,000 Exercise of warrants during the nine months ended September 30, 2021 (2,797,877 ) — Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2021 $ — $ 205,000 The estimated fair value of the Series “I” Warrants was computed using a Black-Scholes valuation model, using the following assumptions: Schedule of estimated fair value Fair Value Assumption - Series “I” Warrants September 30, December 31, Aggregate Fair Value $ 205,000 $ 50,000 Exercise Price per share $ 3.91 $ 3.91 Value of Common Stock $ 12.16 $ 3.40 Expected term (years) 3.92 4.67 Volatility 100 % 100 % Dividend yield 0 % 0 % Risk free rate 0.74 % 0.31 % Term Loan and PPP Loans The estimated fair value of the Term Loan and PPP Loans approximates their carrying amount based on the arrangement of the financing of the debt and pursuant to the terms of the CARES ACT, respectively. The Company applied for the PPP Loans to be forgiven by the SBA. (See Note 5)

CONTRACT LIABILITIES

CONTRACT LIABILITIES	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
CONTRACT LIABILITIES	N OTE 8 — CONTRACT LIABILITIES The Company receives advance payments from customers for public relations projects or as deposits for promotional or brand-support video projects, that it records as contract liabilities. 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. As of September 30, 2021 and December 31, 2020, the Company had balances of $ 4,266,539 1,855,209

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 9 — VARIABLE INTEREST ENTITIES VIEs are entities that, by design, either (1) lack sufficient equity to permit the entity to finance its activities without additional subordinated financial support from other parties, or (2) have equity investors that do not have the ability to make significant decisions relating to the entity’s operations through voting rights, or do not have the obligation to absorb the expected losses or the right to receive the residual returns of the entity. The Company evaluated the entities in which it did not have a majority voting interest and determined that it had (1) the power to direct the activities of the entities that most significantly impact their economic performance and (2) had the obligation to absorb losses or the right to receive benefits from these entities. As such the financial statements of JB Believe, LLC are consolidated in the condensed consolidated balance sheets as of September 30, 2021 and December 31, 2020, and in the condensed consolidated statements of operations and statements of cash flows presented herein for the three and nine months ended September 30, 2021 and 2020. This entity was previously under common control and has been accounted for at historical costs for all periods presented. Summary of Financial Information for Variable Interest Entities JB Believe LLC (in USD) For the For the For the For the As of As of Assets $ n/a $ n/a $ n/a $ n/a $ 251,671 $ 190,347 Liabilities $ n/a $ n/a $ n/a $ n/a $ (6,750,088 ) $ (6,749,914 ) Revenues $ — $ — $ — — n/a n/a Expenses $ — $ — $ — — n/a n/a The Company performs ongoing reassessments of (1) whether entities previously evaluated under the majority voting-interest framework have become VIEs, based on certain triggering events, and therefore would be subject to the VIE consolidation framework, and (2) whether changes in the facts and circumstances regarding the Company’s involvement with a VIE cause the Company’s consolidation conclusion to change. The consolidation status of the VIEs with which the Company is involved may change as a result of such reassessments. Changes in consolidation status are applied prospectively with assets and liabilities of a newly consolidated VIE initially recorded at fair value unless the VIE is an entity which was previously under common control, which in that case is consolidated based on historical cost. A gain or loss may be recognized upon deconsolidation of a VIE depending on the amounts of deconsolidated assets and liabilities compared to the fair value of retained interests and ongoing contractual arrangements. JB Believe LLC (“Believe”), an entity owned by Believe Film Partners LLC, of which the Company owns a 25% membership interest, was formed for the purpose of recording the production costs of the motion picture “ Believe Believe 3,200,000 5,000,000 Believe 6,301,314

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 10 — STOCKHOLDERS’ EQUITY A. Preferred Stock The Company’s Amended and Restated Articles of Incorporation authorize the issuance of 10,000,000 On July 6, 2017, the Company amended its Articles of Incorporation to designate 50,000 0.001 4,738,940 At the meeting of the Board on November 12, 2020, the Board and Mr. O’Dowd agreed to restrict the conversion of the Series C until the Board approved its conversion. Therefore, on November 16, 2020, the Company and DE, LLC entered into a Stock Restriction Agreement pursuant to which the conversion of the Series C is prohibited until such time as a majority of the independent directors of the Board approves the removal of the prohibition. The Stock Restriction Agreement also prohibits the sale or other transfer of the Series C until such transfer is approved by a majority of the independent directors of the Board. The Stock Restriction Agreement shall terminate upon a Change of Control (as such term is defined in the Stock Restriction Agreement) of the Company. The Certificate of Designation also provides for a liquidation value of $ 0.001 B. Common Stock The following table summarizes the movement of the common stock outstanding for the nine months ended September 30,2021: Schedule of common stock outstanding Common Stock Outstanding Shares Balance at December 31, 2020 6,618,785 Issuance of shares: Conversion of note payable 791,435 Cashless exercise of warrants 146,027 Issued to seller of Be Social 103,245 Exchange of Put Rights for stock 115,366 Issued to seller of The Door 10,238 Issued as earnout consideration to employees of 42West 3,886 Employee bonus 1,935 Shares retired from exercise of puts (22,233 ) Balance at September 30, 2021 7,768,684 C. Incentive Compensation Plan On June 29, 2017, the shareholders of the Company approved the Dolphin Digital Media, Inc. 2017 Equity Incentive Plan (the “2017 Plan”). During the three and nine months ended September 30, 2021 and 2020, the Company did not issue any Awards under the 2017 Plan.

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	NOTE 11 — EARNINGS (LOSS) PER SHARE The following table sets forth the computation of basic and diluted earnings (loss) per share: Schedule of Basic and Diluted Income (Loss) Per Share Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Numerator Net income (loss) $ 141,651 $ (137,630 ) $ (3,780,392 ) $ (1,007,384 ) Net income attributable to participating securities 5,833 — — — Net income (loss) attributable to Dolphin Entertainment common stock shareholders and numerator for basic earnings (loss) per share 135,817 (137,630 ) (3,780,392 ) (1,007,384 ) Change in fair value of put rights — (159,457 ) — (1,677,267 ) Change in fair value of derivative liability — — — — Change in fair value of warrants — — — — Interest expense — — — — Numerator for diluted earnings (loss) per share $ 135,817 $ (297,087 ) $ (3,780,392 ) $ (2,684,651 ) Denominator Denominator for basic EPS - weighted-average shares 7,740,085 6,676,405 7,551,974 5,223,441 Effect of dilutive securities: Put rights — 235,606 — 752,169 Warrants — — — — Convertible notes payable — — — — Denominator for diluted EPS - adjusted weighted-average shares 7,740,085 6,912,011 7,551,974 5,975,610 Basic earnings (loss) per share $ 0.02 $ (0.02 ) $ (0.50 ) $ (0.19 ) Diluted earnings (loss) per share $ 0.02 $ (0.04 ) $ (0.50 ) $ (0.45 ) Basic earnings (loss) per share is computed by dividing income (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 earnings (loss) per share assumes that any dilutive equity instruments, such as put rights, warrants and convertible notes payable were exercised and outstanding Common Stock adjusted accordingly. Certain of the Company’s convertible notes payable, warrants 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. For the three months ended September 30, 2021, the Company attributed $ 12,271 In periods when the Put Rights are assumed to have been settled at the beginning of the period in calculating the denominator for diluted earnings (loss) per share, the related change in the fair value of Put Right liability recognized in the condensed consolidated statements of operations for the period, is added back or subtracted from net income (loss) during the period. The denominator for calculating diluted earnings (loss) per share for the three and nine months ended September 30, 2020 assumes the Put Rights had been settled at the beginning of the period, and therefore, the related income (loss) due to the decrease in the fair value of the Put Right liability during the three and nine months ended September 30, 2020 is subtracted from net income (loss). The number of shares added to the denominator for the Put Rights is calculated using the reverse treasury stock method that assumes the Company issues and sells sufficient shares at the average period trading price to satisfy the Put Right contracts. For the nine months ended September 30, 2021, Put Rights in the aggregate amount of 43,620 shares were not included in the calculation of diluted loss per share since inclusion would be considered antidilutive. For the three months ended September 30, 2021, convertible promissory notes in the aggregate of 326,702 273,594

WARRANTS

WARRANTS	9 Months Ended
	Sep. 30, 2021
Warrants
WARRANTS	NOTE 12 — WARRANTS A summary of the warrants activity during the nine months ended September 30, 2021 is as follows: Summary of Warrants Issued Summary of Warrants Issued Warrants: Shares Weighted Avg. Balance at December 31, 2020 221,513 $ 7.08 Issued — — Exercised (166,072 ) 0.00 Expired (35,441 ) 23.70 Balance at September 30, 2021 20,000 $ 3.91 On March 4, 2020, in connection with the March 4th Note, the Company issued Series “I” Warrant to purchase up to 20,000 3.91 40,000 55,000 155,000 205,000 50,000 The Company recorded a loss of $ 2,397,877

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 13 — RELATED PARTY TRANSACTIONS On September 7, 2012, the Company entered into an employment agreement with its CEO, which provides for annual compensation of $250,000 and an annual discretionary bonus as determined by the Board. Unpaid compensation accrues interest at a rate of 10% per annum. In 2019, the Compensation Committee approved an increase in Mr. O’Dowd’s annual salary to $300,000. On May 17, 2021, the Compensation Committee of the Board approved an increase in the base salary of Mr. O’Dowd from $300,000 to $400,000 per year. The increase was effective January 1, 2021. As of September 30, 2021 and December 31, 2020, the Company had accrued $ 2,625,000 1,784,394 1,756,438 66,164 196,336 197,055 168,379 The Company entered into the New DE LLC Note with an entity wholly owned by our CEO. See Note 6 for further discussion. In connection with the acquisition of 42West, the Company and its CEO, as personal guarantor, entered into the Put Agreements with each of the sellers of 42West, pursuant to which the Company granted the Put Rights. During the nine months ended September 30, 2021, the Company made payments amounting to $ 400,000 6,507 46.10

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 14 — SEGMENT INFORMATION The Company operates in two reportable segments, Entertainment Publicity and Marketing Segment (“EPD”) and Content Production Segment (“CPD”). The Entertainment Publicity and Marketing segment is composed of 42West, The Door, Viewpoint, Shore Fire, Be Social, and B/HI, and provides clients with diversified services, including public relations, entertainment and hospitality content marketing and strategic marketing consulting. The Content Production segment is composed of Dolphin Entertainment and Dolphin Films and 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) before other income (expenses) on the Company’s condensed consolidated statements of operations for the three and nine months ended September 30, 2021. Salaries and 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. In addition, general and administrative expenses include rental expense and depreciation of property, equipment and leasehold improvements for properties occupied by corporate office employees. 6,537,065 6,932,935 20,015,800 Schedule of Revenue and Assets by Segment Schedule of Revenue and Assets by Segment Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Revenues: EPD $ 9,399,432 $ 5,527,943 $ 25,219,793 $ 17,356,468 CPD — — — — Total $ 9,399,432 $ 5,527,943 $ 25,219,793 $ 17,356,468 Segment Operating Income (Loss): EPD $ 1,617,658 $ 695,763 $ 1,820,984 $ 489,107 CPD (1,579,369 ) (1,188,948 ) (2,921,342 ) (2,032,190 ) Total operating income (loss) 38,289 (493,185 ) (1,100,358 ) (1,543,083 ) Interest expense (241,115 ) (270,815 ) (576,146 ) (1,953,790 ) Other income, net 344,477 (443,883 ) (2,142,739 ) 2,307,002 Income (Loss) before income taxes $ 141,651 $ (320,117 ) $ (3,819,243 ) $ (1,189,871 ) As of As of Total assets: EPD $ 49,163,240 $ 45,266,315 CPD 4,970,435 4,085,636 Total $ 54,133,675 $ 49,351,951

LEASES

LEASES	9 Months Ended
	Sep. 30, 2021
Leases
LEASES	NOTE 15 — LEASES The Company and its subsidiaries are party to various office leases with terms expiring at different dates through December 2026. 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. The table below shows the lease income and expenses recorded in the condensed consolidated statements of operations incurred during the three and nine months ended September 30, 2021 and 2020. Schedule of Lease Income and Expenses Schedule of Lease Income and Expenses Lease costs Classification Three months ended Three months ended Nine months ended Nine months ended Operating lease costs Selling, general and administrative expenses $ 620,121 $ 543,045 $ 2,029,524 $ 1,601,364 Operating lease costs Direct costs — 60,861 60,861 182,583 Sublease income Selling, general and administrative expenses — (2,397 ) — (7,191 ) Net lease costs $ 620,121 $ 601,509 $ 2,090,385 $ 1,776,756 Lease Payments For the three and nine months ended September 30, 2021, the Company made payments in cash related to its operating leases in the amounts of $ 664,650 2,067,546 Future maturities lease payments for operating leases for the remainder of 2021 and thereafter, were as follows: Schedule of Future Minimum Payments Under Operating Lease Agreements 2021 $ 665,935 2022 2,073,640 2023 1,954,903 2024 1,824,908 2025 1,232,060 Thereafter 940,976 Total lease payments $ 8,692,422 Less: Imputed interest (1,436,282 ) Present value of lease liabilities $ 7,256,140 As of September 30, 2021, the Company’s weighted average remaining lease terms on its operating lease is 4.27 7.58

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 16 — COMMITMENTS AND CONTINGENCIES Litigation The Company may be subject to legal proceedings, claims, and liabilities that arise in the ordinary course of business. In the opinion of management and based upon the advice of its outside counsels, the liability, if any, from any pending litigation is not expected to have a material effect in the Company’s financial position, results of operations and cash flows. The Company is not aware of any pending litigation as of the date of this report. Letter of Credit Pursuant to the lease agreements of 42West’s New York and Los Angeles office locations, the Company is required to issue letters of credit to secure the leases. On July 24, 2018, the Company renewed the letter of credit issued by City National Bank for the 42West office space in New York. The original letter of credit was for $677,354 and originally expired on August 1, 2018. This letter of credit renews automatically annually unless City National Bank notifies the landlord 60-days prior to the expiration of the bank’s election not to renew the letter of credit. In connection with the annual renewal in 2021, the letter of credit was reduced to $541,833. The Company granted City National Bank a security interest in bank account funds totaling $541,883 pledged as collateral for the letter of credit. The letters of credit commit the issuer to pay specified amounts to the holder of the letter of credit under certain conditions. If this were to occur, the Company would be required to reimburse the issuer of the letter of credit. The Company is not aware of any other claims relating to its outstanding letters of credit as of September 30, 2021.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 17 — SUBSEQUENT EVENTS As discussed in Note 5, on October 7, 2021 the Company was notified that the SBA had approved the application to forgive the entire amount of the PPP loan related to Be Social, which amounted to $ 0.3 As also discussed in Note 5, subsequent to September 30, 2021, the holders of three convertible notes converted the principal balance of $ 1,850,000 172,550 10.71 10.74 On October 12, 2021, the Company announced it had invested in an ownership position in the Midnight Theatre, a state-of-the-art contemporary variety theater and restaurant experience in the heart of Manhattan, New York City. The Company will manage all aspects of publicity and marketing for the venue, as well as facilitate talent and commercial relationships within the entertainment and culinary industries. On November 15, 2021, the Company, as lender, advanced $ 0.5 10 May 15, 2022

GENERAL (Policies)

GENERAL (Policies)	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Impact of COVID-19	Impact of COVID-19 On March 11, 2020, the World Health Organization categorized a novel coronavirus (“COVID-19”) as a pandemic, and it has spread throughout the United States. The pandemic has had and continues to have a significant effect on economic conditions in the United States, and continues to cause significant uncertainties in the U.S. and global economies, particularly as a result of new Delta and other variants of COVID-19, which appear to be causing an increase in COVID-19 cases. Public health officials and medical professionals have warned that a resurgence of COVID-19 cases may continue, particularly if vaccination rates do not quickly increase or if additional, potent variants emerge. It is unclear how long a resurgence may last, how severe it may be, and what safety measures governments may impose in response to it. The extent to which the COVID-19 pandemic affects our business, operations and financial results depends, and will continue to depend, on numerous evolving factors that we may not be able to accurately predict. Since the outbreak of COVID-19 began and public and private sector measures to reduce its transmission were implemented, such as the imposition of social distancing and orders to work-from-home, stay-at-home and shelter-in-place, the demand for certain of the services the Company offers was adversely affected resulting in decreased revenues and cash flows. One of our subsidiaries operates in the food and hospitality sector, which was negatively impacted by the orders to either suspend or reduce operations of restaurants and hotels. Similarly, another subsidiary represents talent, such as actors, directors and producers, and revenues from these clients was negatively impacted by the suspension of content production. The television and streaming consumption around the globe has increased since the outbreak of COVID-19, as well as the demand for consumer products. Revenues from the marketing of these shows and products somewhat offset the decrease in revenue from the sectors discussed above. Between April 19, 2020 and April 23, 2020, the Company and its subsidiaries received five separate unsecured loans for an aggregate amount of $ 2.8 304,169 100,000 40 1.1 1.7 0.3 Depending on the extent and duration of the pandemic and the related economic impacts, COVID-19 may continue to impact our business and financial results, as well as significant judgments and estimates, including those related to goodwill and other asset impairments and allowances for doubtful accounts.
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 (“Max Steel Holdings”), Dolphin JB Believe Financing, LLC, Dolphin JOAT Productions, LLC, 42West, The Door, Viewpoint, Shore Fire, Be Social and B/HI. The Company enters into relationships or investments with other entities, and in certain instances, the entity in which the Company has a relationship or investment may qualify as a variable interest entity (“VIE”). A VIE is consolidated in the financial statements if the Company is deemed to be the primary beneficiary of the VIE. The primary beneficiary is the party that has the power to direct activities that most significantly impact the economic performance of the VIE and has the obligation to absorb losses or the right to benefits from the VIE that could potentially be significant to the VIE. The Company is deemed to be the primary beneficiary and as such it has included JB Believe, LLC, formed on December 4, 2012 in the State of Florida, in its condensed consolidated financial statements for the three and nine months ended September 30, 2021 and 2020 as a VIE. On September 24, 2021, the Company filed an amendment to its Amended and Restated Articles of Incorporation with the Secretary of the State of the State of Florida to increase its authorized shares of Common Stock to 200,000,000 40,000,000 On November 23, 2020, 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-5 reverse stock split (the “Reverse Stock Split”) of the authorized, issued and outstanding shares of the Common Stock. The Reverse Stock Split was effective as of 12:01 a.m. (Eastern Time) on November 27, 2020 (the “Effective Time”). At the Effective Time, the number of authorized shares of Common Stock was reduced from 200,000,000 shares to 40,000,000. The unaudited condensed consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“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, 2021, and its results of operations for the three and nine months ended September 30, 2021 and 2020, and cash flows for the nine months ended September 30, 2021 and 2020. 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, 2021 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2021. The condensed consolidated balance sheet at December 31, 2020 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, 2020.
Reclassifications [Text Block]	Reclassifications Reclassifications have been made to our unaudited condensed consolidated financial statements for the prior period to conform to classifications used in 2021. These reclassifications had no impact on the Company’s condensed consolidated statements of operations or condensed consolidated statements of cash flows.
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 estimates of the measurement of assets and liabilities at fair value, including amounts recognized in business combinations and items measured at fair value on a non-recurring basis, such as intangible assets, goodwill, the amount of the deferred tax, valuation allowance; and the estimate of contingent liabilities, and other allowances, such as the provisions for doubtful accounts. Management bases its estimates on historical experience and on other various assumptions that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from such estimates under different assumptions and conditions. Additionally, the full impact of the COVID-19 outbreak is unknown and cannot be reasonably estimated. However, management has made appropriate accounting estimates on certain accounting matters, which include the allowance for doubtful accounts, carrying value of the goodwill and other intangible assets, carrying amount of certain convertible notes payable and embedded derivatives and warrant liabilities, based on the facts and circumstances available as of the reporting date. The Company’s future assessment of the magnitude and duration of the COVID-19 outbreak, as well as other factors, could result in material impacts to the Company’s financial statements in future reporting periods.
Update to Significant Accounting Policies	Update to Significant Accounting Policies The Company’s significant accounting policies are detailed in "Note 3: Summary of Significant Accounting Policies" within Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2020. Significant changes to our accounting policies as a result of adopting ASU 2020-06 during the nine months ended September 30, 2021 is discussed below. Other than the below, There were no significant changes to our accounting policies during the three and nine months ended September 30, 2021. Convertible Notes On January 1, 2021, the Company adopted Accounting Standards Update (“ASU”) 2020-06 that simplifies the accounting for convertible instruments. ASU 2020-06 (i) reduced the number of accounting models for convertible instruments, by eliminating the models that require separation of cash conversion or beneficial conversion features from the host and (ii) revised derivative scope exception and (iii) provided targeted improvements for EPS. The adoption of ASU 2020-06 did not have a material impact on the Company’s outstanding convertible debt instruments as of September 30, 2021.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Guidance Adopted In August 2020, the Financial Accounting Standards Board (“FASB”) issued ASU 2020-06— Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity's Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity's Own Equity. In December 2019, the FASB issued ASU 2019-12, “ Income taxes (Topic 740): Simplifying the Accounting for Income Taxes. ” Accounting Guidance Not Yet Adopted In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, to improve the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to recognition of an acquired contract liability and payment terms and their effect on subsequent revenue recognized by the acquirer. The guidance is effective for annual reporting periods beginning after December 15, 2022, including interim periods within that reporting period. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this standard will have on its Condensed Consolidated Financial Statements in connection with any future business combinations. In June 2016, the FASB issued new guidance on measurement of credit losses (ASU 2016-13, Measurement of Credit Losses on Financial Instruments) with subsequent amendments issued in November 2018 (ASU 2018-19) and April 2019 (ASU 2019-04). This update changes the accounting for credit losses on loans and held-to-maturity debt securities and requires a current expected credit loss (CECL) approach to determine the allowance for credit losses. It is applicable to trade accounts receivable. The guidance is effective for fiscal years beginning after December 15, 2022 with a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. Early adoption is permitted. The Company is in the process of evaluating the impact of the adoption of ASU 2016-13 on the Company's consolidated financial statements and disclosures.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes In Carrying Value of Goodwill	Schedule of Changes In Carrying Value of Goodwill Balance as of December 31, 2020 $ 19,627,856 Measurement period adjustments (1) (82,651 ) Business Acquisitions (2) 470,595 Balance as of September 30, 2021 $ 20,015,800 ——————— (1) Working Capital adjustment recorded in June 2021 in connection with the Be Social acquisition. (See Note 4) (2) Acquisition of B/HI in January 2021.
Schedule of Intangible Assets	Schedule of Intangible Assets September 30, 2021 December 31, 2020 Gross Accumulated Net Gross Accumulated Net Intangible assets subject to amortization: Customer relationships $ 8,290,000 $ 4,609,768 $ 3,680,232 $ 8,130,000 $ 3,787,406 $ 4,342,593 Trademarks and trade names 4,490,000 1,678,167 2,811,833 4,440,000 1,330,535 3,109,465 Non-compete agreements 690,000 645,000 45,000 630,000 630,000 — $ 13,470,000 $ 6,932,935 $ 6,537,065 $ 13,200,000 $ 5,747,941 $ 7,452,059
Schedule of amortization expense related to intangible assets for the next five years	Schedule of amortization expense related to intangible assets for the next five years 2021 (October 1 through December 31, 2021) $ 394,997 2022 1,367,330 2023 1,152,421 2024 991,715 2025 961,373 Thereafter 1,669,229 Total $ 6,537,065

MERGERS AND ACQUISITIONS (Table

MERGERS AND ACQUISITIONS (Tables)	9 Months Ended
	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Summary of provisional fair value of consideration transferred	Summary of provisional fair value of consideration transferred Payments made to settle final indebtedness, net of minimum operating cash as defined in the B/HI Share Purchase Agreement $ 575,856 Provisional working capital adjustment 192,986 Provisional amount of Common Stock to be issued to the B/HI Sellers 31,158 Provisional fair value of the consideration transferred $ 800,000
Schedule of Assets Acquired and Liabilities Assumed	Schedule of Assets Acquired and Liabilities Assumed Schedule of Assets Acquired and Liabilities Assumed Cash $ 65,465 Accounts receivable 154,162 Other current assets 15,262 Property, equipment and leasehold improvements 24,639 Right-of-use asset 1,044,864 Other assets 23,617 Intangibles 270,000 Total identifiable assets acquired 1,598,009 Accrued payable (104,724 ) Accrued expenses and other current liabilities (259,936 ) Lease liability (1,044,864 ) Deferred revenue (56,994 ) Line of credit (456,527 ) Deferred tax liability (38,851 ) Loans payable (75,550 ) Total liabilities assumed (2,037,446 ) Net identifiable liabilities acquired (439,437 ) Goodwill 470,595 Net assets acquired $ 31,158
Schedule of Proforma Results of Operations	Schedule of Proforma Results of Operations Schedule of Proforma Results of Operations Three Months ended Nine Months ended September 30, 2020 September 30, 2020 Revenues $ 6,241,570 $ 20,156,429 Net loss $ (422,185 ) $ (1,871,368 )

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of debt	Schedule of debt Debt Type September 30, December 31, Convertible notes payable $ 4,750,000 $ 1,445,000 Convertible notes payable - fair value option 1,253,689 1,527,293 Notes payable 1,201,931 1,273,394 Term loan 600,195 900,292 Paycheck Protection Program loans 304,169 3,099,869 Total debt $ 8,109,984 $ 8,245,848 Less current portion of debt (1,057,317 ) (2,909,479 ) Noncurrent portion of debt $ 7,052,667 $ 5,336,369
Schedule of Future Annual Contractual Principal Payment Commitments of Debt	Schedule of Future Annual Contractual Principal Payment Commitments of Debt Debt Type Maturity Date 2021 2022 2023 2024 2025 Thereafter Convertible notes payable Ranging between June 2023 and March 2030 $ — $ — $ 4,750,000 $ — $ — $ 500,000 Nonconvertible promissory notes Ranging between January 2022 and December 2023 25,287 307,685 868,959 — — — Term loan Bank United March 31, 2023 100,033 400,130 100,032 — — — Paycheck Protection Program loans May 5, 2022 114,063 190,106 — — — — $ 239,383 $ 897,921 $ 5,718,991 $ — $ — $ 500,000
Schedule of convertible notes payable	Schedule of convertible notes payable Fair Value Principal Amount Net Carrying Amount Level 10% convertible notes due in June 2023 $ 1,850,000 $ 1,850,000 $ 1,812,000 3 10% convertible notes due in August 2023 2,000,000 2,000,000 1,955,000 3 10% convertible notes due in September 2023 900,000 900,000 876,000 3 $ 4,750,000 $ 4,750,000 $ 4,643,000

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Schedule of Fair Value Assumptions Used to Value Liabilities	January 3 rd March 4th Note March 25th Note Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 436,155 $ 511,136 $ 580,000 (Gain) loss in fair value reported in the condensed consolidated statements of operations 103,845 742,553 (20,000 ) Exercised during the nine months ended September 30, 2021 (540,000 ) — (560,000 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2021 $ — $ 1,253,689 $ —
Schedule of estimated fair value	Schedule of Liability Fair Value Categorized Within Level 3 Schedule of Liability Fair Value Categorized Within Level 3 The Door Be Social B/HI (1) Inputs As of September 30, As of As of As of As of As of Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the contingent consideration) 0.04 % 0.16 % 0.14 0.34 % 0.13 0.17 % 0.04 0.14 % n/a % Annual Asset Volatility Estimate 72.5 % 60.0 % 90 % 73.5 % 85 % n/a % (1) In connection with the Company’s acquisition of B/HI, the seller of B/HI has the potential to earn up to $1,200,000 of contingent consideration, of which 50% is payable in cash, and 50% in shares of Common Stock, upon achievement of adjusted net income targets based on the operations of B/HI over the fiscal years ending December 31, 2021 and 2022. The fair value of this contingent consideration at the acquisition date was determined to be zero as the Company did not believe it was likely the adjusted net income targets would be met. The increase in the three and nine months ended September 30, 2021 related to a change in the likelihood of achieving the established targets in the B/HI acquisition.
Schedule of fair value categorized within Level 3	Schedule of fair value categorized within Level 3 The Door Be Social B/HI Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 370,000 $ 160,000 $ – (Gain) Loss in fair value reported in the condensed consolidated statements of operations (100,000) 270,000 1,140,000 Ending fair value balance reported in the condensed consolidated balance sheet at September 30, 2021 $ 270,000 $ 430,000 $ 1,140,000
Schedule of estimated fair value	Schedule of estimated fair value Fair Value Assumptions - March 4 th September 30, December 31, Face value principal payable $ 500,000 $ 500,000 Original conversion price $ 3.91 $ 3.91 Value of Common Stock $ 12.16 $ 3.40 Expected term (years) 8.43 9.18 Volatility 100 % 100 % Risk free rate 1.42 % 0.93 %
Convertible Debt Warrants I [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Schedule of estimated fair value	Fair Value: Series E, F, G and H Series I Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 400,000 $ 50,000 Loss in fair value reported in the condensed consolidated statements of operations 2,397,877 155,000 Exercise of warrants during the nine months ended September 30, 2021 (2,797,877 ) — Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2021 $ — $ 205,000 The estimated fair value of the Series “I” Warrants was computed using a Black-Scholes valuation model, using the following assumptions: Schedule of estimated fair value Fair Value Assumption - Series “I” Warrants September 30, December 31, Aggregate Fair Value $ 205,000 $ 50,000 Exercise Price per share $ 3.91 $ 3.91 Value of Common Stock $ 12.16 $ 3.40 Expected term (years) 3.92 4.67 Volatility 100 % 100 % Dividend yield 0 % 0 % Risk free rate 0.74 % 0.31 %
Schedule of estimated fair value	Schedule of estimated fair value Fair Value Assumption - Series “I” Warrants September 30, December 31, Aggregate Fair Value $ 205,000 $ 50,000 Exercise Price per share $ 3.91 $ 3.91 Value of Common Stock $ 12.16 $ 3.40 Expected term (years) 3.92 4.67 Volatility 100 % 100 % Dividend yield 0 % 0 % Risk free rate 0.74 % 0.31 %
Put Option [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Schedule of Fair Value Assumptions Used to Value Liabilities	Schedule of Fair Value Assumptions Used to Value Liabilities Beginning fair value balance reported on the consolidated balance sheet at December 31, 2020 $ 1,544,029 Put rights paid in 2021 (1,015,135 ) Loss in fair value reported in condensed consolidated the statements of operations 71,106 Put rights converted into common stock (600,000 ) Ending fair value of put rights reported in the condensed consolidated balance sheet at September 30, 2021 $ –

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Financial Information for Variable Interest Entities	Summary of Financial Information for Variable Interest Entities JB Believe LLC (in USD) For the For the For the For the As of As of Assets $ n/a $ n/a $ n/a $ n/a $ 251,671 $ 190,347 Liabilities $ n/a $ n/a $ n/a $ n/a $ (6,750,088 ) $ (6,749,914 ) Revenues $ — $ — $ — — n/a n/a Expenses $ — $ — $ — — n/a n/a

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Schedule of common stock outstanding	Schedule of common stock outstanding Common Stock Outstanding Shares Balance at December 31, 2020 6,618,785 Issuance of shares: Conversion of note payable 791,435 Cashless exercise of warrants 146,027 Issued to seller of Be Social 103,245 Exchange of Put Rights for stock 115,366 Issued to seller of The Door 10,238 Issued as earnout consideration to employees of 42West 3,886 Employee bonus 1,935 Shares retired from exercise of puts (22,233 ) Balance at September 30, 2021 7,768,684

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Income (Loss) Per Share	Schedule of Basic and Diluted Income (Loss) Per Share Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Numerator Net income (loss) $ 141,651 $ (137,630 ) $ (3,780,392 ) $ (1,007,384 ) Net income attributable to participating securities 5,833 — — — Net income (loss) attributable to Dolphin Entertainment common stock shareholders and numerator for basic earnings (loss) per share 135,817 (137,630 ) (3,780,392 ) (1,007,384 ) Change in fair value of put rights — (159,457 ) — (1,677,267 ) Change in fair value of derivative liability — — — — Change in fair value of warrants — — — — Interest expense — — — — Numerator for diluted earnings (loss) per share $ 135,817 $ (297,087 ) $ (3,780,392 ) $ (2,684,651 ) Denominator Denominator for basic EPS - weighted-average shares 7,740,085 6,676,405 7,551,974 5,223,441 Effect of dilutive securities: Put rights — 235,606 — 752,169 Warrants — — — — Convertible notes payable — — — — Denominator for diluted EPS - adjusted weighted-average shares 7,740,085 6,912,011 7,551,974 5,975,610 Basic earnings (loss) per share $ 0.02 $ (0.02 ) $ (0.50 ) $ (0.19 ) Diluted earnings (loss) per share $ 0.02 $ (0.04 ) $ (0.50 ) $ (0.45 )

WARRANTS (Tables)

WARRANTS (Tables)	9 Months Ended
	Sep. 30, 2021
Warrants
Summary of Warrants Issued	Summary of Warrants Issued Summary of Warrants Issued Warrants: Shares Weighted Avg. Balance at December 31, 2020 221,513 $ 7.08 Issued — — Exercised (166,072 ) 0.00 Expired (35,441 ) 23.70 Balance at September 30, 2021 20,000 $ 3.91

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Schedule of Revenue and Assets by Segment	Schedule of Revenue and Assets by Segment Schedule of Revenue and Assets by Segment Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Revenues: EPD $ 9,399,432 $ 5,527,943 $ 25,219,793 $ 17,356,468 CPD — — — — Total $ 9,399,432 $ 5,527,943 $ 25,219,793 $ 17,356,468 Segment Operating Income (Loss): EPD $ 1,617,658 $ 695,763 $ 1,820,984 $ 489,107 CPD (1,579,369 ) (1,188,948 ) (2,921,342 ) (2,032,190 ) Total operating income (loss) 38,289 (493,185 ) (1,100,358 ) (1,543,083 ) Interest expense (241,115 ) (270,815 ) (576,146 ) (1,953,790 ) Other income, net 344,477 (443,883 ) (2,142,739 ) 2,307,002 Income (Loss) before income taxes $ 141,651 $ (320,117 ) $ (3,819,243 ) $ (1,189,871 ) As of As of Total assets: EPD $ 49,163,240 $ 45,266,315 CPD 4,970,435 4,085,636 Total $ 54,133,675 $ 49,351,951

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2021
Leases
Schedule of Lease Income and Expenses	Schedule of Lease Income and Expenses Schedule of Lease Income and Expenses Lease costs Classification Three months ended Three months ended Nine months ended Nine months ended Operating lease costs Selling, general and administrative expenses $ 620,121 $ 543,045 $ 2,029,524 $ 1,601,364 Operating lease costs Direct costs — 60,861 60,861 182,583 Sublease income Selling, general and administrative expenses — (2,397 ) — (7,191 ) Net lease costs $ 620,121 $ 601,509 $ 2,090,385 $ 1,776,756
Schedule of Future Minimum Payments Under Operating Lease Agreements	Schedule of Future Minimum Payments Under Operating Lease Agreements 2021 $ 665,935 2022 2,073,640 2023 1,954,903 2024 1,824,908 2025 1,232,060 Thereafter 940,976 Total lease payments $ 8,692,422 Less: Imputed interest (1,436,282 ) Present value of lease liabilities $ 7,256,140

GENERAL (Details Narrative)

GENERAL (Details Narrative) - USD ($)	Nov. 23, 2020	Apr. 23, 2020	Aug. 17, 2021	Jun. 28, 2021	Sep. 30, 2021	Sep. 24, 2021
Short-term Debt [Line Items]
Total consideration for business acquisition			$ 1,700,000		$ 800,000
Aggregate amounted				$ 1,100,000
Forgiveness of debt					300,000
Common Stock authorized shares increase						200,000,000
Adopted by shareholders						40,000,000
Stockholders' Equity, Reverse Stock Split	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-5 reverse stock split (the “Reverse Stock Split”) of the authorized, issued and outstanding shares of the Common Stock. The Reverse Stock Split was effective as of 12:01 a.m. (Eastern Time) on November 27, 2020 (the “Effective Time”). At the Effective Time, the number of authorized shares of Common Stock was reduced from 200,000,000 shares to 40,000,000.
PPP Loans [Member]
Short-term Debt [Line Items]
Proceeds from issuance of five separate unsecured debt		$ 2,800,000
Amount of compensation of an individual employee in excess		$ 100,000
Percentage of forgiven amount		40.00%
PPP Loans [Member] | Be Social Public Relations, LLC [Member]
Short-term Debt [Line Items]
Total consideration for business acquisition		$ 304,169			$ 304,169

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Income (Loss) Attributable to Parent	$ (141,651)	$ 137,630	$ 3,780,392	$ 1,007,384
Retained Earnings (Accumulated Deficit)	$ 101,752,433		$ 101,752,433		$ 97,972,041
Common stock, par value	$ 0.015		$ 0.015		$ 0.015

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Schedule of Changes In Carrying Value of Goodwill) (Details)	9 Months Ended
	Sep. 30, 2021USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill originally reported at beginning	$ 19,627,856
Measurement period adjustments	(82,651)	[1]
Business Acquisitions	470,595	[2]
Adjusted goodwill at Ending	$ 20,015,800
[1]	Working Capital adjustment recorded in June 2021 in connection with the Be Social acquisition. (See Note 4)
[2]	Acquisition of B/HI in January 2021.

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 13,470,000	$ 13,200,000
Accumulated Amortization	6,932,935	5,747,941
Net Carrying Amount	6,537,065	7,452,059
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	8,290,000	8,130,000
Accumulated Amortization	4,609,768	3,787,406
Net Carrying Amount	3,680,232	4,342,593
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,490,000	4,440,000
Accumulated Amortization	1,678,167	1,330,535
Net Carrying Amount	2,811,833	3,109,465
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	690,000	630,000
Accumulated Amortization	645,000	630,000
Net Carrying Amount	$ 45,000	$ 0

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS (Schedule of amortization expense related to intangible assets) (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2021 (October 1 through December 31, 2021)	$ 394,997
2022	1,367,330
2023	1,152,421
2024	991,715
2025	961,373
Thereafter	1,669,229
Total	$ 6,537,065	$ 7,452,059

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill			$ 20,015,800
Amortization expense	$ 394,998	$ 423,412	$ 1,184,994	$ 1,254,402

MERGERS AND ACQUISITIONS (Summa

MERGERS AND ACQUISITIONS (Summary of provisional fair value of consideration transferred) (Details) - USD ($)	1 Months Ended	9 Months Ended
	Aug. 17, 2021	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Payments made to settle final indebtedness, net of minimum operating cash as defined in the B/HI Share Purchase Agreement		$ 575,856
Provisional working capital adjustment		192,986
Provisional amount of Common Stock to be issued to the B/HI Sellers		31,158
Provisional fair value of the consideration transferred	$ 1,700,000	$ 800,000

MERGERS AND ACQUISITIONS (Sched

MERGERS AND ACQUISITIONS (Schedule of Assets Acquired and Liabilities Assumed) (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Goodwill	$ 20,015,800	$ 19,627,856
B H I Share [Member]
Business Acquisition [Line Items]
Cash	65,465
Accounts receivable	154,162
Other current assets	15,262
Property, equipment and leasehold improvements	24,639
Right-of-use asset	1,044,864
Other assets	23,617
Intangibles	270,000
Total identifiable assets acquired	1,598,009
Accrued payable	(104,724)
Accrued expenses and other current liabilities	(259,936)
Lease liability	(1,044,864)
Deferred revenue	(56,994)
Line of credit	(456,527)
Deferred tax liability	(38,851)
Loans payable	(75,550)
Total liabilities assumed	(2,037,446)
Net identifiable liabilities acquired	(439,437)
Goodwill	470,595
Net assets acquired	$ 31,158

MERGERS AND ACQUISITIONS (Sch_2

MERGERS AND ACQUISITIONS (Schedule of Proforma Results of Operations) (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
Business Combination and Asset Acquisition [Abstract]
Revenues	$ 6,241,570	$ 20,156,429
Net loss	$ (422,185)	$ (1,871,368)

MERGERS AND ACQUISITIONS (Detai

MERGERS AND ACQUISITIONS (Details Narrative) - USD ($)	Jan. 08, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Business Acquisition [Line Items]
Revenues		$ 9,399,432	$ 5,527,943	$ 25,219,793	$ 17,356,468
Net income		141,651	$ (137,630)	(3,780,392)	$ (1,007,384)
working capital adjustments				82,651
B H I Share Purchase Agreement [Member]
Business Acquisition [Line Items]
Purchase price	$ 800,000
Additional earned	$ 1,200,000
B H I [Member]
Business Acquisition [Line Items]
Revenues		1,082,856		2,509,697
Net income		$ 263,681		$ 420,751

DEBT (Schedule of debt) (Detail

DEBT (Schedule of debt) (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Convertible notes payable	$ 4,750,000	$ 1,445,000
Convertible notes payable - fair value option	1,253,689	1,527,293
Notes payable	1,201,931	1,273,394
Term loan	600,195	900,292
Paycheck Protection Program loans	304,169	3,099,869
Total debt	8,109,984	8,245,848
Less current portion of debt	(1,057,317)	(2,909,479)
Noncurrent portion of debt	$ 7,052,667	$ 5,336,369

DEBT (Schedule of Future Annual

DEBT (Schedule of Future Annual Contractual Principal Payment Commitments of Debt) (Details)	9 Months Ended
	Sep. 30, 2021USD ($)
Debt Instrument [Line Items]
2021	$ 239,383
2022	897,921
2023	5,718,991
2024
2025
Thereafter	$ 500,000
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
Maturity Date	Ranging between June 2023 and March 2030
2021
2022
2023	4,750,000
2024
2025
Thereafter	$ 500,000
Nonconvertible promissory notes [Member]
Debt Instrument [Line Items]
Maturity Date	Ranging between January 2022 and December 2023
2021	$ 25,287
2022	307,685
2023	868,959
2024
2025
Thereafter
Term loan Bank United [Member]
Debt Instrument [Line Items]
Maturity Date	March 31, 2023
2021	$ 100,033
2022	400,130
2023	100,032
2024
2025
Thereafter
Payroll Protection Program loans [Member]
Debt Instrument [Line Items]
Maturity Date	May 5, 2022
2021	$ 114,063
2022	190,106
2023
2024
2025
Thereafter

DEBT (Schedule of convertible n

DEBT (Schedule of convertible notes payable) (Details)	Sep. 30, 2021USD ($)
Short-term Debt [Line Items]
Principal Amount	$ 4,750,000
Net Carrying Amount	4,750,000
Fair Value Amount	4,643,000
March 2023 [Member]
Short-term Debt [Line Items]
Principal Amount	1,850,000
Net Carrying Amount	1,850,000
Fair Value Amount	1,812,000
April 2023 [Member]
Short-term Debt [Line Items]
Principal Amount	2,000,000
Net Carrying Amount	2,000,000
Fair Value Amount	1,955,000
June 2023 [Member]
Short-term Debt [Line Items]
Principal Amount	900,000
Net Carrying Amount	900,000
Fair Value Amount	$ 876,000

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($)	Apr. 23, 2020	Aug. 17, 2021	Jun. 28, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Short-term Debt [Line Items]
Debt instrument face amount				$ 4,750,000		$ 4,750,000
Closing market price per share				$ 2.50		$ 2.50
Interest payments						$ 93,186	$ 100,028
Convertible Notes Payable				$ 4,750,000		$ 4,750,000		$ 1,445,000
Convertible notes payable								1,600,000
Convertible notes payable, Description						notes with a remaining aggregate principal balance of $1,100,000 were converted into 281,554 shares of Common Stock at purchase prices ranging between $3.90 and $3.91 per share. The Company had a balance of $1,253,689 and $947,291 in noncurrent liabilities as of September 30, 2021 and December 31, 2020, respectively, and $580,000 in current liabilities as of December 31, 2020 recorded on its condensed consolidated balance sheets related to the convertible promissory notes measured at fair value. The Company recorded a loss in fair value of $223,923 and a gain of $8,730 for the three months ended September 30, 2021 and 2020, respectively, and losses in fair value of $826,398 and $540,231 for the nine months ended September 30, 2021 and 2020, respectively, on its condensed consolidated statements of operations.
Interest expense				9,863		$ 29,589
Cash interest payments						29,589
Liabilities, Current				15,416,314		15,416,314		16,852,512
Liabilities, Noncurrent				15,185,192		15,185,192		12,830,642
Term loan				600,195		600,195		900,292
Business Combination, Consideration Transferred		$ 1,700,000				800,000
Aggregate amounted			$ 1,100,000
Debt instrument term loans						1,700,000
Convertible Notes Payable [Member]
Short-term Debt [Line Items]
Debt instrument face amount				$ 5,950,000		$ 5,950,000
Interest rate				10.00%		10.00%
Debt conversion, Principal						$ 2,645,000
Debt conversion accrued interest						$ 11,944
Debt Conversion, Shares Issued						509,881
Interest expense				$ 88,000		$ 130,482
Interest payments						109,176
Convertible Notes Payable				$ 4,750,000		$ 4,750,000		1,445,000
Convertible Notes Payable [Member] | Minimum [Member]
Short-term Debt [Line Items]
Debt conversion Price				$ 3.69		$ 3.69
Convertible Notes Payable [Member] | Maximum [Member]
Short-term Debt [Line Items]
Debt conversion Price				9.46		$ 9.46
Convertible Notes Payable 1 [Member]
Short-term Debt [Line Items]
Debt conversion, Principal						$ 1,850,000
Debt Conversion, Shares Issued						172,550
Convertible Notes Payable 1 [Member] | Minimum [Member]
Short-term Debt [Line Items]
Debt conversion Price				10.71		$ 10.71
Convertible Notes Payable 1 [Member] | Maximum [Member]
Short-term Debt [Line Items]
Debt conversion Price				$ 10.74		$ 10.74
Nonconvertible promissory notes [Member]
Short-term Debt [Line Items]
Debt instrument face amount				$ 1,201,933,000		$ 1,201,933,000
Interest rate				10.00%		10.00%
Interest expense				$ 30,317	$ 32,668	$ 92,765	$ 99,648
Liabilities, Current				305,037		305,037		846,749
Liabilities, Noncurrent				896,894		896,894		$ 426,645
Term Loan [Member]
Short-term Debt [Line Items]
Debt instrument principal payments				100,033		300,098
Interest expense and paid interest				6,813		23,334
Term loan				$ 600,195		600,195
PPP Loans [Member]
Short-term Debt [Line Items]
Proceeds from Issuance of Unsecured Debt	$ 2,800,000
PPP Loans [Member] | Be Social Public Relations, LLC [Member]
Short-term Debt [Line Items]
Business Combination, Consideration Transferred	$ 304,169					304,169
S B A Loans [Member]
Short-term Debt [Line Items]
Business Combination, Consideration Transferred						$ 300,000

LOANS FROM RELATED PARTY (Detai

LOANS FROM RELATED PARTY (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 15, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Debt instrument amount	$ 4,750,000		$ 4,750,000
Interest expense	241,115	$ 270,815	576,146	$ 1,953,790
Interest Payable, Current	1,812,315		1,812,315			$ 1,783,121
Loan from related party	0		0			1,107,873
Notes Payable, Other Payables [Member] | DE New Promissory Note [Member] | Chief Executive Officer [Member]
Debt Instrument [Line Items]
Debt instrument amount					$ 1,009,624
Interest expense	27,924	$ 27,924	82,863	$ 83,166
Principal balance	1,107,873		1,107,873
Interest Payable, Current	$ 27,925		$ 27,925			$ 26,683

FAIR VALUE MEASUREMENTS (Schedu

FAIR VALUE MEASUREMENTS (Schedule of Liability Fair Value Categorized Within Level 3) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loss in fair value reported in condensed consolidated the statement of operations	$ (55,000)	$ 145,559	$ (2,552,877)	$ (265,445)
Put Option [Member] | The Door [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet			1,544,029
Put rights exercised			(1,015,135)
Loss in fair value reported in condensed consolidated the statement of operations			71,106
Put rights converted into common stock			(600,000)
Ending fair value balance reported on the consolidated balance sheet

FAIR VALUE MEASUREMENTS (Sche_2

FAIR VALUE MEASUREMENTS (Schedule of Fair Value Assumptions Used to Value Liabilities, Put Rights) (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Put Option [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Annual Asset Volatility Estimate	90.00%	73.50%
Put Option [Member] | Minimum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the Contingent Consideration)	0.14%	0.13%
Put Option [Member] | Maximum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the Contingent Consideration)	0.34%	0.17%
B H I [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Annual Asset Volatility Estimate	85.00%
B H I [Member] | Minimum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the Contingent Consideration)	0.04%
B H I [Member] | Maximum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the Contingent Consideration)	0.14%
The Door [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the Contingent Consideration)	0.04%	0.16%
Annual Asset Volatility Estimate	72.50%	60.00%

FAIR VALUE MEASUREMENTS (Sche_3

FAIR VALUE MEASUREMENTS (Schedule of fair value categorized within Level 3) (Details) - Contingent Consideration [Member]	9 Months Ended
	Sep. 30, 2021USD ($)
The Door [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet	$ 370,000
Loss in fair value reported in the condensed consolidated statement of operations	(100,000)
Ending fair value balance reported on the consolidated balance sheet	270,000
Put Option [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet	160,000
Loss in fair value reported in the condensed consolidated statement of operations	270,000
Ending fair value balance reported on the consolidated balance sheet	430,000
B H I [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet
Loss in fair value reported in the condensed consolidated statement of operations	1,140,000
Ending fair value balance reported on the consolidated balance sheet	$ 1,140,000

FAIR VALUE MEASUREMENTS (Sche_4

FAIR VALUE MEASUREMENTS (Schedule of Fair Value Assumptions Used to Value Liabilities) (Details) - Convertible Note Payable 1 [Member]	9 Months Ended
	Sep. 30, 2021USD ($)
January 3 [Member]
Debt Instrument [Line Items]
Loss in fair value reported in the condensed consolidated statement of operations	$ 436,155
Loss in fair value reported in the condensed consolidated statement of operations	103,845
Exercised	(540,000)
Ending fair value balance	0
March 4 [Member]
Debt Instrument [Line Items]
Loss in fair value reported in the condensed consolidated statement of operations	511,136
Loss in fair value reported in the condensed consolidated statement of operations	742,553
Exercised	0
Ending fair value balance	1,253,689
March 25 [Member]
Debt Instrument [Line Items]
Loss in fair value reported in the condensed consolidated statement of operations	580,000
Loss in fair value reported in the condensed consolidated statement of operations	(20,000)
Exercised	(560,000)
Ending fair value balance	$ 0

FAIR VALUE MEASUREMENTS (Sche_5

FAIR VALUE MEASUREMENTS (Schedule of estimated fair value) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Series I Warrants [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Value of Common Stock	$ 12.16	$ 3.40
Expected term (years)	3 years 11 months 1 day	4 years 8 months 1 day
Volatility	100.00%	100.00%
Risk free rate	0.74%	0.31%
Aggregate Fair Value	$ 205,000	$ 50,000
Exercise Price per share	$ 3.91	$ 3.91
Dividend yield	0.00%	0.00%
B H I [Member] | Convertible note payable [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Expected term (years)	8 years 5 months 4 days	9 years 2 months 4 days
Contingent Consideration [Member] | B H I [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Face value principal payable	$ 500,000	$ 500,000
Original conversion price	$ 3.91	$ 3.91
Value of Common Stock	$ 12.16	$ 3.40
Volatility	100.00%	100.00%
Risk free rate	1.42%	0.93%

FAIR VALUE MEASUREMENTS (Warran

FAIR VALUE MEASUREMENTS (Warrants measured at fair value) (Details) - Convertible Note Payable 2 [Member]	9 Months Ended
	Sep. 30, 2021USD ($)
B H I [Member]
Debt Instrument [Line Items]
Loss in fair value reported in the condensed consolidated statement of operations	$ 400,000
Gain in fair value reported in the condensed consolidated statement of operations	2,397,877
Exercised	(2,797,877)
Ending fair value balance	0
Series I [Member]
Debt Instrument [Line Items]
Loss in fair value reported in the condensed consolidated statement of operations	50,000
Gain in fair value reported in the condensed consolidated statement of operations	155,000
Exercised	0
Ending fair value balance	$ 205,000

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2021	Mar. 25, 2021	Mar. 04, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt instrument amount	$ 4,750,000
Series E F G And H Warrants [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Warrants exercised	146,027
Put Option [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Shares exercised during the period	22,867
Payment for shares exercised	$ 1,015,135
Additional Shares exercised, Value	$ 600,000
Additional Shares exercised, shares	115,366
Contingent Consideration [Member] | B H I [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt instrument amount	$ 1,300,000	$ 560,000	$ 500,000

CONTRACT LIABILITIES (Details N

CONTRACT LIABILITIES (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Contract liabilities	$ 4,266,539	$ 1,855,209

VARIABLE INTEREST ENTITIES (Sum

VARIABLE INTEREST ENTITIES (Summary of Financial Information for Variable Interest Entities) (Details) - JB Believe, LLC [Member] - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Assets	$ 251,671		$ 251,671		$ 190,347
Liabilities	(6,750,088)		(6,750,088)		$ (6,749,914)
Revenues
Expenses

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details Narrative) - JB Believe, LLC [Member]	9 Months Ended
	Sep. 30, 2021USD ($)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Repayments of investments	$ 3,200,000
Amount paid to release film	5,000,000
Producer fee owed to lender	$ 6,301,314

STOCKHOLDERS' EQUITY (Schedule

STOCKHOLDERS' EQUITY (Schedule of common stock outstanding) (Details)	9 Months Ended
	Sep. 30, 2021shares
Equity [Abstract]
Balance At beginning	6,618,785
Conversion of Stock, Shares Issued	791,435
Conversion of Stock, Shares Converted	146,027
Issued to seller of Be Social	103,245
Exchange of Put Rights for stock	115,366
Issued to seller of The Door	10,238
Issued as earnout consideration to employees of 42West	3,886
Employee bonus	1,935
Shares retired from exercise of puts	(22,233)
Balance At end	7,768,684

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Jul. 06, 2017
Class of Stock [Line Items]
Preferred stock, authorized shares	10,000,000
Series C Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, authorized shares			50,000
Preferred stock, par value			$ 0.001
Preferred stock liquidation value	$ 0.001
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, authorized shares	50,000	50,000
Preferred stock, par value	$ 0.001	$ 0.001
Shares issued in conversion of debt, value	$ 4,738,940

(LOSS) EARNINGS PER SHARE (Deta

(LOSS) EARNINGS PER SHARE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator
Net income (loss)	$ 141,651	$ (137,630)	$ (3,780,392)	$ (1,007,384)
Net income attributable to participating securities	5,833	0	0	0
Net income (loss) attributable to Dolphin Entertainment common stock shareholders and numerator for basic earnings (loss) per share	135,817	(137,630)	(3,780,392)	(1,007,384)
Change in fair value of put rights	0	(159,457)	0	(1,677,267)
Change in fair value of derivative liability	0	0	0	0
Change in fair value of warrants	0	0	0	0
Interest expense	0	0	0	0
Numerator for diluted earnings (loss) per share	$ 135,817	$ (297,087)	$ (3,780,392)	$ (2,684,651)
Denominator
Denominator for basic EPS - weighted-average shares	7,740,085	6,676,405	7,551,974	5,223,441
Effect of dilutive securities:
Put rights	0	235,606	0	752,169
Warrants	0	0	0	0
Convertible notes payable	$ 0	$ 0	$ 0	$ 0
Denominator for diluted EPS - adjusted weighted-average shares	7,740,085	6,912,011	7,551,974	5,975,610
Basic earnings (loss) per share	$ 0.02	$ (0.02)	$ (0.50)	$ (0.19)
Diluted earnings (loss) per share	$ 0.02	$ (0.04)	$ (0.50)	$ (0.45)

EARNINGS (LOSS) PER SHARE (Deta

EARNINGS (LOSS) PER SHARE (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Earnings Per Share [Abstract]
Deemed dividend attributable to participating securities	$ 12,271
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	326,702	273,594

WARRANTS (Schedule of Warrant A

WARRANTS (Schedule of Warrant Activity) (Details) - Warrant [Member]	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance at December 31 | shares	221,513
Balance at December 31 | $ / shares	$ 7.08
Issued | shares	0
Issued | $ / shares	$ 0
Exercised | shares	(166,072)
Exercised | $ / shares	$ 0
Expired | shares	(35,441)
Expired | $ / shares	$ 23.70
Balance at December 31 | shares	20,000
Balance at December 31 | $ / shares	$ 3.91

WARRANTS (Details Narrative)

WARRANTS (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020	Mar. 04, 2020
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Warrant liability	$ 205,000	$ 205,000	$ 50,000
Operating loss		2,397,877
Series I Warrants [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Warrants to purchase common stock				20,000
Exercise price				$ 3.91
Derivative liabilities				$ 40,000
Change in fair value (gain) of derivative liability	$ 55,000	$ 155,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Related Party Transaction [Line Items]
Annual compensation description			the Company entered into an employment agreement with its CEO, which provides for annual compensation of $250,000 and an annual discretionary bonus as determined by the Board. Unpaid compensation accrues interest at a rate of 10% per annum. In 2019, the Compensation Committee approved an increase in Mr. O’Dowd’s annual salary to $300,000. On May 17, 2021, the Compensation Committee of the Board approved an increase in the base salary of Mr. O’Dowd from $300,000 to $400,000 per year. The increase was effective January 1, 2021.
Accrued Salaries	$ 400,000		$ 400,000
Interest Expense, Related Party	66,164	$ 66,164	196,336	$ 197,055
Interest paid related to accrued compensation	168,379		$ 168,379
Number of options exercised			6,507
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Accrued Salaries	2,625,000		$ 2,625,000		$ 2,625,000
Interest Payable	$ 1,784,394		$ 1,784,394		$ 1,756,438
Ms. Leslee Dart [Member] | Put Option [Member]
Related Party Transaction [Line Items]
Price per share	$ 46.10		$ 46.10

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Revenue from External Customer [Line Items]
Revenue	$ 9,399,432	$ 5,527,943	$ 25,219,793	$ 17,356,468
Total operating loss	38,289	(493,185)	(1,100,358)	(1,543,083)
Interest expense	(241,115)	(270,815)	(576,146)	(1,953,790)
Other income, net	344,477	(443,883)	(2,142,739)	2,307,002
Loss before income taxes	141,651	(320,117)	(3,819,243)	(1,189,871)
Total assets	54,133,675		54,133,675		$ 49,351,951
E P D [Member]
Revenue from External Customer [Line Items]
Revenue	9,399,432	5,527,943	25,219,793	17,356,468
Total operating loss	1,617,658	695,763	1,820,984	489,107
Total assets	49,163,240		49,163,240		45,266,315
C P D [Member]
Revenue from External Customer [Line Items]
Revenue	0	0	0	0
Total operating loss	(1,579,369)	$ (1,188,948)	(2,921,342)	$ (2,032,190)
Total assets	$ 4,970,435		$ 4,970,435		$ 4,085,636

SEGMENT INFORMATION (Details Na

SEGMENT INFORMATION (Details Narrative) - USD ($)		9 Months Ended
		Sep. 30, 2021	Dec. 31, 2020
Restructuring Cost and Reserve [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization		$ 6,932,935	$ 5,747,941
Goodwill, Acquired During Period	[1]	470,595
42 West, The Door and Viewpoint, Shore Media [Member]
Restructuring Cost and Reserve [Line Items]
Finite-lived Intangible Assets Acquired		6,537,065
Finite-Lived Intangible Assets, Accumulated Amortization		6,932,935
Goodwill, Acquired During Period		$ 20,015,800
[1]	Acquisition of B/HI in January 2021.

LEASES (Schedule of Lease Incom

LEASES (Schedule of Lease Income and Expenses) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net lease costs	$ 620,121	$ 601,509	$ 2,090,385	$ 1,776,756
Selling, General and Administrative Expenses [Member]
Operating lease costs	620,121	543,045	2,029,524	1,601,364
Sublease income	0	(2,397)	0	(7,191)
Direct costs [Member]
Operating lease costs	$ 0	$ 60,861	$ 60,861	$ 182,583

LEASES (Schedule of Maturities

LEASES (Schedule of Maturities of Lease Liabilities) (Details)	Sep. 30, 2021USD ($)
Leases
2021	$ 665,935
2022	2,073,640
2023	1,954,903
2024	1,824,908
2025	1,232,060
Thereafter	940,976
Total lease payments	8,692,422
Less: Imputed interest	(1,436,282)
Present value of lease liabilities	$ 7,256,140

LEASES (Details Narrative)

LEASES (Details Narrative)	3 Months Ended	9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2021USD ($)
Leases
Operating lease payment	$ 664,650	$ 2,067,546
Operating lease term	4 years 3 months 7 days	4 years 3 months 7 days
Percentage of annual increase in lease amount		7.58%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Letter of Credit description	On July 24, 2018, the Company renewed the letter of credit issued by City National Bank for the 42West office space in New York. The original letter of credit was for $677,354 and originally expired on August 1, 2018. This letter of credit renews automatically annually unless City National Bank notifies the landlord 60-days prior to the expiration of the bank’s election not to renew the letter of credit. In connection with the annual renewal in 2021, the letter of credit was reduced to $541,833. The Company granted City National Bank a security interest in bank account funds totaling $541,883 pledged as collateral for the letter of credit. The letters of credit commit the issuer to pay specified amounts to the holder of the letter of credit under certain conditions. If this were to occur, the Company would be required to reimburse the issuer of the letter of credit.

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	Nov. 15, 2021	Sep. 30, 2021	Oct. 07, 2021
Convertible Notes Payable 1 [Member]
Subsequent Event [Line Items]
Debt conversion, Principal		$ 1,850,000
Debt Conversion, Shares Issued		172,550
Convertible Notes Payable 1 [Member] | Minimum [Member]
Subsequent Event [Line Items]
Debt conversion Price		$ 10.71
Convertible Notes Payable 1 [Member] | Maximum [Member]
Subsequent Event [Line Items]
Debt conversion Price		$ 10.74
Subsequent Event [Member]
Subsequent Event [Line Items]
PPP loan			$ 300,000
Subsequent Event [Member] | J D D C Elemental [Member]
Subsequent Event [Line Items]
Advanced to related party	$ 500,000
Interest Rate	10.00%
Maturity Date	May 15, 2022