Dolphin Entertainment (DLPN) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Nov. 09, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
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		10,214,052

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current
Cash and cash equivalents	$ 4,452,562	$ 7,688,743
Restricted cash	1,140,483	541,883
Accounts receivable:
Trade, net of allowance of $627,553 and $471,535, respectively	4,757,499	4,513,179
Other receivables	2,061,845	3,583,357
Notes receivable	4,323,153	1,510,137
Other current assets	890,645	450,060
Total current assets	17,626,187	18,287,359
Capitalized production costs, net	1,598,412	137,235
Employee receivable	572,085	366,085
Right-of-use asset	7,894,850	6,129,411
Goodwill	20,021,357	20,021,357
Intangible assets, net	5,116,568	6,142,067
Property, equipment and leasehold improvements, net	315,004	473,662
Other long-term assets	2,581,005	1,234,275
Total Assets	55,725,468	52,791,451
LIABILITIES
Accounts payable	1,572,855	942,085
Notes payable, current portion	516,036	307,685
Contingent consideration	500,000	600,000
Accrued interest – related party	1,650,635	1,621,437
Accrued compensation – related party	2,625,000	2,625,000
Lease liability, current portion	2,033,780	1,600,107
Deferred revenue	911,970	406,373
Other current liabilities	5,692,600	6,850,584
Total current liabilities	15,502,876	14,953,271
Notes payable	380,859	868,959
Convertible notes payable	2,400,000	2,900,000
Convertible note payable at fair value	420,613	998,135
Loan from related party	1,107,873	1,107,873
Contingent consideration	205,000	3,684,221
Lease liability	6,581,512	5,132,895
Deferred tax liability	97,879	76,207
Warrant liability	30,000	135,000
Other noncurrent liabilities	18,915
Total Liabilities	26,745,527	29,856,561
STOCKHOLDERS’ EQUITY
Preferred Stock, Series C, $0.001 par value, 50,000 shares authorized, 50,000 shares issued and outstanding at September 30, 2022 and December 31, 2021	1,000	1,000
Common stock, $0.015 par value, 200,000,000 shares authorized, 9,999,052 and 8,020,381 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	149,986	120,306
Additional paid-in capital	134,755,491	127,247,928
Accumulated deficit	(105,926,536)	(104,434,344)
Total Stockholders’ Equity	28,979,941	22,934,890
Total Liabilities and Stockholders’ Equity	$ 55,725,468	$ 52,791,451

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Allowance for doubtful debts	$ 627,553	$ 471,535
Common stock, par value	$ 0.015	$ 0.015
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	9,999,052	8,020,381
Common stock, Outstanding	9,999,052	8,020,381
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized shares	50,000	50,000
Preferred stock, issued	50,000	50,000
Preferred stock, Outstanding	50,000	50,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Revenues	$ 9,899,013	$ 9,399,432	$ 29,366,748	$ 25,219,793
Expenses:
Direct costs	837,429	991,708	2,941,044	2,578,295
Payroll and benefits	7,030,814	5,875,755	20,947,531	16,770,091
Selling, general and administrative	1,663,288	1,519,812	4,644,264	4,234,309
Acquisition costs	315,800		315,800	22,907
Depreciation and amortization	415,836	475,207	1,248,621	1,436,189
Change in fair value of contingent consideration	(5,000)	1,110,000	(1,439,778)	1,310,000
Legal and professional	774,613	498,661	2,317,800	1,301,267
Total expenses	11,032,780	10,471,143	30,975,282	27,653,058
Loss from operations	(1,133,767)	(1,071,711)	(1,608,534)	(2,433,265)
Other (expenses) income:
Gain on extinguishment of debt, net		1,733,400		2,689,010
Loss on disposal of fixed assets				(48,461)
Change in fair value of convertible note	45,642	(223,923)	577,522	(826,398)
Change in fair value of warrants	10,000	(55,000)	105,000	(2,552,877)
Change in fair value of put rights				(71,106)
Interest expense	(126,147)	(241,115)	(400,884)	(576,146)
Total other (expenses) income, net	(70,505)	1,213,362	281,638	(1,385,978)
(Loss) income before income taxes and equity in losses of unconsolidated affiliates	(1,204,272)	141,651	(1,326,896)	(3,819,243)
Income tax (expense) benefit	(7,224)		(21,672)	38,851
Net (loss) income before equity in losses of unconsolidated affiliates	(1,211,496)	141,651	(1,348,568)	(3,780,392)
Equity in losses of unconsolidated affiliates	(100,223)		(143,623)
Net (loss) income	$ (1,311,719)	$ 141,651	$ (1,492,191)	$ (3,780,392)
(Loss) earnings per share:
Basic	$ (0.14)	$ 0.02	$ (0.16)	$ (0.50)
Diluted	$ (0.14)	$ 0.02	$ (0.23)	$ (0.50)
Weighted average number of shares outstanding:
Basic	9,664,681	7,740,085	9,307,830	7,551,974
Diluted	9,793,715	7,740,085	9,437,807	7,551,974

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,492,191)	$ (3,780,392)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	1,248,621	1,436,189
Share-based compensation	166,582
Equity in losses of unconsolidated affiliates	143,623
Commitment shares issued to Lincoln Park Capital LLC	232,118
Bonus payment issued in shares	50,000	17,858
Gain on extinguishment of debt		(2,689,010)
Loss on disposal of fixed assets		48,461
Impairment of right-of-use asset	98,857
Impairment of capitalized production costs	87,323	115,881
Bad debt expense	276,579	232,100
Change in fair value of put rights		71,106
Change in fair value of contingent consideration	(1,439,778)	1,310,000
Change in fair value of warrants	(105,000)	2,552,877
Change in fair value of convertible note	(577,522)	826,398
Change in deferred tax	21,672	(38,851)
Changes in operating assets and liabilities:
Accounts receivable, trade and other	209,600	(1,278,000)
Other current assets	145,492	(206,762)
Capitalized production costs	(1,548,500)	(95,829)
Other long-term assets and employee receivable	(196,353)	(9,744)
Deferred revenue	(494,403)	2,354,336
Accounts payable	630,770	(484,741)
Accrued interest – related party	29,198	29,194
Other current liabilities	(1,157,985)	117,134
Lease liability	17,994	(8,245)
Other noncurrent liabilities	18,915
Net cash (used in) provided by operating activities	(3,634,388)	519,960
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of fixed assets	(64,464)
Acquisition of B/HI Communications, Inc., net of cash acquired		(525,856)
Issuance of notes receivable	(3,108,080)
Net cash used in investing activities	(3,172,544)	(525,856)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from equity line of credit agreement	5,049,100
Cash settlement of contingent consideration for B/HI	(600,000)
Proceeds from convertible notes payable		5,950,000
Repayment of term loan		(300,097)
Repayment of notes payable	(279,749)	(71,463)
Exercise of put rights		(1,015,135)
Net cash provided by financing activities	4,169,351	4,563,305
Net (decrease) increase in cash and cash equivalents and restricted cash	(2,637,581)	4,557,409
Cash and cash equivalents and restricted cash, beginning of period	8,230,626	8,637,376
Cash and cash equivalents and restricted cash, end of period	5,593,045	13,194,785
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Interest paid	554,897	495,722
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of commitment shares to Lincoln Park Capital LLC	232,118
Receipt of Crafthouse equity in connection with marketing agreement	1,000,000
Settlement of contingent consideration for B/HI and The Door in shares of common stock	1,539,444
Principal balance of convertible notes converted into shares of common stock	500,000	3,745,000
Issuance of shares of common stock related to the acquisitions		350,000
Put rights exchanged for shares of common stock		600,000
Interest on notes paid in stock		8,611
Employee bonus paid in stock	50,000	17,858
Cash and cash equivalents	4,452,562	12,652,902
Restricted cash	1,140,483	541,883
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$ 5,593,045	$ 13,194,785

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
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 income				(5,271,985)	(5,271,985)
Issuance of shares related to conversion of note payable		$ 9,948	2,543,664		2,553,612
Issuance of shares related to conversion of note 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 issued to seller of Be Social		$ 1,549	348,451		350,000
Issuance of shares issued 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 income				1,349,942	1,349,942
Issuance of shares related to acquisition of The Door		$ 154	(154)
Issuance of shares related to acquisition of The Door, shares		10,238
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)
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 income				141,651	141,651
Issuance of shares for employee bonus		$ 29	$ 17,829		$ 17,858
Issuance of shares for employee bonus, shares		1,935
Shares retired from exercise of puts		1,924	1,198,076		1,200,000
Shares retired from exercise of puts, 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
Beginning balance, value at Dec. 31, 2021	$ 1,000	$ 120,306	127,247,928	(104,434,344)	22,934,890
Beginning Balance, Shares at Dec. 31, 2021	50,000	8,020,381
Net income				(792,481)	(792,481)
Issuance of shares to Lincoln Park Capital LLC		$ 9,330	2,506,020		2,515,350
Issuance of shares to Lincoln Park Capital LLC, shares		622,019
Issuance of common stock on vesting of restricted stock units, net of shares withheld for taxes		$ 130	(130)
Issuance of common stock on vesting of restricted stock units, net of shares withheld for taxes, shares		8,645
Share-based compensation			59,305		59,305
Ending balance, value at Mar. 31, 2022	$ 1,000	$ 129,766	129,813,123	(105,226,825)	24,717,064
Ending Balance, Shares at Mar. 31, 2022	50,000	8,651,045
Net income				612,008	612,008
Issuance of shares to Lincoln Park Capital LLC		$ 6,750	1,845,540		1,852,290
Issuance of shares to Lincoln Park Capital LLC, shares		450,000
Issuance of common stock on vesting of restricted stock units, net of shares withheld for taxes		$ 120	(120)
Issuance of common stock on vesting of restricted stock units, net of shares withheld for taxes, shares		7,982
Issuance of shares to sellers of The Door Marketing Group LLC for earnout consideration		$ 4,193	1,019,004		1,023,197
Issuance of shares to sellers of The Door Marketing Group LLC for earnout consideration, shares		279,562
Issuance of shares to seller of B/HI Communication Inc for earnout consideration		$ 2,451	513,796		516,247
Issuance of shares to seller of B/HI Communication Inc for earnout consideration, shares		163,369
Share-based compensation			54,757		54,757
Ending balance, value at Jun. 30, 2022	$ 1,000	$ 143,280	133,246,100	(104,614,817)	28,775,563
Ending Balance, Shares at Jun. 30, 2022	50,000	9,551,958
Net income				(1,311,719)	(1,311,719)
Issuance of shares related to conversion of note payable		$ 1,884	498,116		500,000
Issuance of shares related to conversion of note payable, shares		125,604
Issuance of shares to Lincoln Park Capital LLC		$ 4,534	909,043		913,577
Issuance of shares to Lincoln Park Capital LLC, shares		302,313
Issuance of common stock on vesting of restricted stock units, net of shares withheld for taxes		$ 115	(115)
Issuance of common stock on vesting of restricted stock units, net of shares withheld for taxes, shares		7,656
Issuance of shares related to employment agreement		$ 173	49,827		50,000
Issuance of shares related to employment agreement, shares		11,521
Share-based compensation			52,520		52,520
Ending balance, value at Sep. 30, 2022	$ 1,000	$ 149,986	$ 134,755,491	$ (105,926,536)	$ 28,979,941
Ending Balance, Shares at Sep. 30, 2022	50,000	9,999,052

GENERAL

GENERAL	9 Months Ended
	Sep. 30, 2022
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 throughout the United States of America (“U.S.”) to virtually all of the major film studios and many of the leading streaming services, as well as to independent and digital content providers, and 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 a wide variety of consumer brands, including prime hotel and restaurant groups, throughout the U.S. 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 The continued spread of new COVID-19 variants did not have a significant impact on our business during the quarter ended September 30, 2022. The future course of the pandemic could have adverse effects in the U.S and global economies and thus negatively impact our business and financial results. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Dolphin, and all of its wholly owned subsidiaries, comprising Dolphin Films, Inc. (“Dolphin Films”), Dolphin SB Productions LLC, Dolphin Max Steel Holdings, LLC, Dolphin JB Believe Financing, LLC, Dolphin JOAT Productions, LLC, 42West, The Door, Viewpoint, Shore Fire, Be Social and B/HI. The Company applies the equity method of accounting for its investments in entities for which it does not have a controlling financial interest, but over which it has the ability to exert significant influence. The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of its financial position as of September 30, 2022, and its results of operations and cash flows for the three and nine months ended September 30, 2022 and 2021. 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, 2022 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2022. The condensed consolidated balance sheet as of December 31, 2021 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, 2021. 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 as of the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The most significant estimates made by management in the preparation of the financial statements relate to the estimates in the fair value of acquisitions, estimates in assumptions used to calculate the fair value of certain liabilities, realizability of notes receivable and impairment assessments for investment in capitalized production costs, goodwill and long-lived assets. 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. Due to COVID-19 and the uncertainty of the extent of the impacts related thereto, certain estimates and assumptions may require increased judgment. As events continue to evolve and additional information becomes available, these estimates may change in future periods. It is difficult to predict what the ongoing impact of the pandemic will be on future periods. Update to Significant Accounting Policies The Company’s significant accounting policies are detailed in "Note 2: Summary of Significant Accounting Policies" within Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2021. As a result of entering into a collaborative arrangement in June 2022, the Company updated its revenue recognition accounting policy to include the information as detailed below. There were no other significant changes to the Company’s accounting policies during the three and nine months ended September 30, 2022. Revenue Recognition The Company analyzes our collaboration agreements to assess whether such arrangements, or transactions between arrangement participants, involve joint operating activities performed by parties that are both active participants in the activities and exposed to significant risks and rewards dependent on the commercial success of such activities or are more akin to a vendor-customer relationship. In making this evaluation, the Company considers whether the activities of the collaboration are considered to be distinct and deemed to be within the scope of the collaboration guidance and those that are more reflective of a vendor-customer relationship and, therefore, within the scope of the revenue with contracts with customer guidance. This assessment is performed throughout the life of the arrangement based on changes in the responsibilities of all parties in the arrangement. For collaboration arrangements that are in the scope of the collaboration guidance, we may analogize to the revenue from contracts with customers’ guidance for some aspects of these arrangements. Revenue from transactions with collaboration participants is presented apart from revenue with contracts with customers in our condensed consolidated statements of operations. To date, there has been no revenue generated from collaboration arrangements. Recent Accounting Pronouncements Accounting Guidance Not Yet Adopted Accounting for Contract Assets and Contract Liabilities from Contracts with Customers In June 2016, the FASB issued new guidance on measurement of credit losses (ASU 2016-13, “ Measurement of Credit Losses on Financial Instruments Reclassifications Certain prior year amounts have been reclassified to conform with current year presentation. These reclassifications had no impact on the Company’s condensed consolidated statements of operations or condensed consolidated statements of cash flows.

REVENUE

REVENUE	9 Months Ended
	Sep. 30, 2022
Revenue
REVENUE	NOTE 2 – REVENUE Disaggregation of Revenue The Company’s principal geographic markets are within the U.S. The following is a description of the principal activities, by reportable segment, from which we generate revenue. For more detailed information about reportable segments, see Note 15. Entertainment Publicity and Marketing The Entertainment Publicity and Marketing (“EPM”) segment generates revenue from diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic marketing consulting and content production of marketing materials. Within the EPM segment, we typically identify one performance obligation, the delivery of professional publicity services, in which we typically act as the principal. Fees are generally recognized on a straight-line or monthly basis, as the services are consumed by our clients, which approximates the proportional performance on such contracts. We also enter into management agreements with a roster of social media influencers and are paid a percentage of the revenue earned by the social media influencer. Due to the short-term nature of these contracts, in which we typically act as the agent, the performance obligation is typically completed and revenue is recognized net at a point in time, typically the date of publication. Content Production The Content Production (“CPD”) segment generates revenue from the production of original motion pictures and other digital content production. In the CPD segment, we typically identify performance obligations depending on the type of service, for which we generally act as the principal. Revenue from motion pictures is recognized upon transfer of control of the licensing rights of the motion picture or web series to the customer. For minimum guarantee licensing arrangements, the amount related to each performance obligation is recognized when the content is delivered, and the window for exploitation right in that territory has begun, which is the point in time at which the customer is able to begin to use and benefit from the content. For sales or usage-based royalty income, revenue is recognized starting at the exhibition date and is based on the Company’s participation in the box office receipts of the theatrical exhibitor and the performance of the motion picture. The revenues recorded by the EPM and CPD segments is detailed below: Schedule of Revenue by Segment For the Three Months Ended September 30, For the Nine Months Ended September 30, 2022 2021 2022 2021 Entertainment publicity and marketing $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 Content production — — — — Total Revenues $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 The opening and closing balances of our contract asset and liability balances from contracts with customers as of September 30, 2022 and December 31, 2021 were as follows: Schedule of contract asset and liability Contract Contract Balance as of December 31, 2021 $ 62,500 $406,373 Balance as of September 30, 2022 — 911,970 Change $ (62,500 ) $505,597 Contract assets are comprised of services provided for which consideration has not been received and for which payments are not unconditional. The change in the contract asset balance relates to the transfer to accounts receivable when the right to payment becomes unconditional. Contract assets are presented within other current assets in the condensed consolidated balance sheets. Contract liabilities are recorded when the Company receives advance payments from customers for public relations projects or as deposits for promotional or brand-support video projects. Once the work is performed or the projects are delivered to the customer, the contract liabilities are deemed earned and recorded as revenue. Advance payments received are generally for short duration and are recognized once the performance obligation of the contract is met. Contract liabilities are presented within deferred revenue in the condensed consolidated balance sheets. The change in the contract liability balance relates to the advanced consideration received from customers under the terms of our contracts, primarily related to fees, which are generally recognized shortly after billing. Revenues for the three and nine months ended September 30, 2022 and 2021 include the following: Schedule of Revenues Three Months Ended Nine Months Ended 2022 2021 2022 2021 Amounts included in the beginning of year contract liability balance $ — $ 10,000 $ 329,937 $ 347,221 Remaining performance obligations As of September 30, 2022, we had approximately $ 911,970 849,469

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 3 — GOODWILL AND INTANGIBLE ASSETS Goodwill As of September 30, 2022, the Company has a balance of $ 20,021,357 The Company evaluates goodwill in the fourth quarter or more frequently if management believes indicators of impairment exist. Such indicators could include but are not limited to (1) a significant adverse change in legal factors or in business climate, (2) unanticipated competition, (3) significant decline in market capitalization or (4) an adverse action or assessment by a regulator. There were no triggering events noted during the three and nine month period ended September 30, 2022, that would require the Company to reassess goodwill for impairment outside of its regular annual impairment test. Intangible Assets Finite-lived intangible assets consisted of the following as of September 30, 2022 and December 31, 2021: Schedule of Intangible Assets September 30, 2022 December 31, 2021 Gross Accumulated Net Gross Accumulated Net Intangible assets subject to amortization: Customer relationships $ 8,290,000 $ 5,531,265 $ 2,758,735 $ 8,290,000 $ 4,880,016 $ 3,409,984 Trademarks and trade names 4,490,000 2,157,167 2,332,833 4,490,000 1,797,917 2,692,083 Non-compete agreements 690,000 665,000 25,000 690,000 650,000 40,000 $ 13,470,000 $ 8,353,432 $ 5,116,568 $ 13,470,000 $ 7,327,933 $ 6,142,067 Amortization expense associated with the Company’s intangible assets was $ 341,833 394,998 1,025,499 1,184,994 Amortization expense related to intangible assets for the remainder of 2022 and thereafter is as follows: Schedule of amortization expense related to intangible assets for the next five years 2022 $ 341,833 2023 1,227,824 2024 991,715 2025 961,373 2026 934,001 Thereafter 659,822 Total $ 5,116,568

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	NOTE 4 — ACQUISITIONS B/HI Communications, Inc. 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, e-sports, 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 1.1 0.6 163,369 22,907 1,082,856 2,509,697

NOTES RECEIVABLE

NOTES RECEIVABLE	9 Months Ended
	Sep. 30, 2022
Credit Loss [Abstract]
NOTES RECEIVABLE	NOTE 5 — NOTES RECEIVABLE The notes receivable held by the Company are unsecured convertible note receivables from JDDC Elemental LLC (“Midnight Theatre”) (the “Notes Receivable”). The Notes Receivable are recorded at their principal face amount plus accrued interest. Due to their short-term maturity and conversion terms, these have been recorded at the face value of the note and an allowance for credit losses has not been established. Midnight Theatre As of September 30, 2022, the Midnight Theatre notes amount to $ 4,323,153 215,073 869,280 3,108,080 Crafthouse Cocktails On November 30, 2021, Crafthouse Cocktails issued a $ 500,000 no no

EQUITY METHOD INVESTMENTS

EQUITY METHOD INVESTMENTS	9 Months Ended
	Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
EQUITY METHOD INVESTMENTS	NOTE 6 — EQUITY METHOD INVESTMENTS Equity method investments are included within other long-term assets in the condensed consolidated balance sheets. As of September 30, 2022, the investment in Midnight Theatre and Crafthouse Cocktails amounted to $ 939,214 1,417,163 Midnight Theatre Hidden Leaf, the restaurant at Midnight Theatre, commenced operations in early July 2022. During both the three and nine months ended September 30, 2022, the Company recorded a loss of $ 60,786 Crafthouse Cocktails During the nine months ended September 30, 2022, the Crafthouse Note discussed in Note 5 was converted and Dolphin was issued common memberships interests of Crafthouse Cocktails. During the nine months ended September 30, 2022, the Company received an additional $ 1,000,000 39,437 82,837

OTHER CURRENT LIABILITIES

OTHER CURRENT LIABILITIES	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
OTHER CURRENT LIABILITIES	NOTE 7 — OTHER CURRENT LIABILITIES Other current liabilities consisted of the following: Schedule of Other liabilities September 30, December 31, 2022 2021 Accrued funding under Max Steel production agreement $ 620,000 $ 620,000 Accrued audit, legal and other professional fees 698,304 429,299 Accrued commissions 496,276 457,269 Accrued bonuses 220,000 360,817 Due to seller of Be Social — 304,169 Talent liability 2,343,906 2,908,357 Accumulated customer deposits 801,247 1,206,864 Other 512,867 563,809 Other current liabilities $ 5,692,600 $ 6,850,584

DEBT

DEBT	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
DEBT	NOTE 8 — DEBT Total debt of the Company was as follows as of September 30, 2022 and December 31, 2021: Schedule of debt Debt Type September 30, December 31, Convertible notes payable $ 2,400,000 $ 2,900,000 Convertible note payable - fair value option 420,613 998,135 Non-convertible promissory notes 896,895 1,176,644 Loans from related party (see Note 9) 1,107,873 1,107,873 Total debt $ 4,825,381 $ 6,182,652 Less current portion of debt (516,036 ) (307,685 ) Noncurrent portion of debt $ 4,309,345 $ 5,874,967 Schedule of Future Annual Contractual Principal Payment Commitments of Debt Debt Type Maturity Date 2022 2023 2024 2025 2026 Thereafter Convertible notes payable Ranging from August to September 2024 $ — $ — $ 2,400,000 $ — $ — $ — Convertible note payable - fair value option March 2030 — — — — — 500,000 Nonconvertible promissory notes Ranging between June 2023 and December 2023 (1) 27,935 868,960 — — — — Loans from related party July 2024 — — 1,107,873 — — — $ 27,935 $ 868,960 $ 3,507,873 $ — $ — $ 500,000 (1) Pursuant to the terms of one of the nonconvertible promissory notes, the Company makes monthly payments of principal and interest. This note matures on December 2023; however, the amounts in the 2022 column represent principal payments to be made during the remainder of 2022. Convertible Notes Payable As of September 30, 2022, the Company has two outstanding convertible promissory notes in the aggregate principal amount of $ 2,400,000 10 2.50 The Company recorded interest expense related to convertible notes payable of $ 80,278 88,000 215,278 130,482 199,445 109,176 As of September 30, 2022 and December 31, 2021, the principal balance of the convertible promissory notes of $ 2,400,000 2,900,000 During the three and nine months ended 500,000 125,604 3.98 5,278 Subsequent to September 30, 2022, on October 4, 2022, October 18, 2022 and November 3, 2022, the Company issued three convertible promissory notes in the aggregate amount of $ 1,300,000 10 2.50 2.00 Convertible Note Payable at Fair Value The Company had one convertible promissory note outstanding with aggregate principal amount of $ 500,000 The Company had a balance of $ 420,613 998,135 The Company recorded a gain in fair value of $ 45,642 223,923 577,522 826,398 The Company recorded interest expense related to the convertible note payable at fair value of $ 9,863 29,589 29,589 Nonconvertible Promissory Notes As of September 30, 2022, the Company has outstanding unsecured nonconvertible promissory notes in the aggregate amount of $ 896,895 10 December 2023 0.3 As of September 30, 2022 and December 31, 2021, the Company had a balance of $ 516,036 307,685 380,859 868,959 The Company recorded interest expense related to these nonconvertible promissory notes of $ 22,719 30,317 70,996 92,765 73,127 93,186

LOANS FROM RELATED PARTY

LOANS FROM RELATED PARTY	9 Months Ended
	Sep. 30, 2022
Loans From Related Party
LOANS FROM RELATED PARTY	NOTE 9 — LOANS FROM RELATED PARTY The Company issued Dolphin Entertainment, LLC (“DE LLC”), an entity wholly owned by the Company’s Chief Executive Officer, William O’Dowd (the “CEO”), a promissory note (the “DE LLC Note”) which matures on July 31, 2024. As of both September 30, 2022 and December 31, 2021, the Company had a principal balance of $ 1,107,873 138,712 55,849 The Company recorded interest expense of $ 27,924 82,863 81,621

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 10 — FAIR VALUE MEASUREMENTS The Company’s non-financial assets measured at fair value on a nonrecurring basis include goodwill and intangible assets. The determination of our intangible fair values includes several assumptions and inputs (Level 3) that are subject to various risks and uncertainties. Management believes it has made reasonable estimates and judgments concerning these risks and uncertainties. All other financial assets and liabilities are carried at amortized cost. The Company’s cash balances are representative of their fair values, as these balances are comprised of deposits available on demand. The carrying amounts of accounts receivable, notes receivable, prepaid and other current assets, accounts payable and other non-current liabilities are representative of their fair values because of the short turnover of these instruments. Financial Disclosures about Fair Value of Financial Instruments The tables below set forth information related to the Company’s consolidated financial instruments: Schedule of consolidated financial instruments Level in September 30, 2022 December 31, 2021 Fair Value Carrying Fair Carrying Fair Hierarchy Amount Value Amount Value Assets: Cash and cash equivalents 1 $ 4,452,562 $ 4,452,562 $ 7,688,743 $ 7,688,743 Restricted cash 1 1,140,483 1,140,483 541,883 541,883 Liabilities: Convertible notes payable 3 $ 2,400,000 $ 2,168,000 $ 2,900,000 $ 2,900,000 Convertible note payable at fair value 3 420,613 420,613 998,135 998,135 Warrant liability 3 30,000 30,000 135,000 135,000 Contingent consideration 3 705,000 705,000 4,284,221 4,284,221 Convertible notes payable As of September 30, 2022, the Company has two outstanding convertible notes payable with aggregate principal amount of $2,400,000. See Note 8 for further information on the terms of these convertible notes. Schedule of convertible notes payable September 30, 2022 December 31, 2021 Level Carrying Amount Fair Value Carrying Amount Fair Value 10% convertible notes due in August 2024 3 $ 2,000,000 $ 1,811,000 $ 2,000,000 $ 1,998,000 10% convertible notes due in September 2024 3 400,000 357,000 900,000 902,000 $ 2,400,000 $ 2,168,000 $ 2,900,000 $ 2,900,000 The estimated fair value of the convertible notes was computed using a Monte Carlo Simulation, using the following assumptions: Schedule of estimated fair value Fair Value Assumption – Convertible Debt September 30, 2022 December 31, 2021 Stock Price $ 2.65 $ 8.52 Minimum Conversion Price $ 2.50 $ 2.50 Annual Asset Volatility Estimate 80 % 100 % Risk Free Discount Rate (based on U.S. government treasury obligation with a term similar to that of the convertible note) 4.02 4.05 % 0.61 0.64 % Fair Value Option (“FVO”) Election – Convertible note payable and freestanding warrants Convertible note payable, at fair value As of September 30, 2022, the Company has one outstanding convertible note payable with a face value of $ 500,000 The March 4th Note is 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, 2021 to September 30, 2022: Schedule of fair value categorized within Level 3 March 4th Note Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2021 $ 998,135 (Gain) on change of fair value reported in the condensed consolidated statements of operations (577,522 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2022 $ 420,613 The estimated fair value of the March 4th Note as of September 30, 2022 and December 31, 2021, 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 September 30, 2022 December 31, 2021 Face value principal payable $ 500,000 $ 500,000 Original conversion price $ 3.91 $ 3.91 Value of Common Stock $ 2.65 $ 8.52 Expected term (years) 7.43 8.18 Volatility 100 % 100 % Risk free rate 3.95 % 1.47 % Warrants In connection with the March 4th Note, the Company issued the Series I Warrants. The Series I 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, 2021 to September 30, 2022: Schedule of fair value categorized within Level 3 Fair Value: Series I Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2021 $ 135,000 (Gain) on change of fair value reported in the condensed consolidated statements of operations (105,000 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2022 $ 30,000 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, 2022 December 31, 2021 Exercise Price per share $ 3.91 $ 3.91 Value of Common Stock $ 2.65 $ 8.52 Expected term (years) 2.92 3.67 Volatility 100 % 100 % Dividend yield 0 % 0 % Risk free rate 4.25 % 1.07 % 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 “Change in fair value of contingent consideration” in the condensed consolidated statements of operations. As discussed in Note 4, during the year ended December 31, 2021, the B/HI seller met the conditions for payment of contingent consideration. As a result, the contingent consideration has been recorded as the actual amount of the payout to the B/HI seller, $ 1.1 600,000 163,369 For the contingent consideration related to Be Social, 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 contingent consideration Be Social Inputs As of September 30, 2022 As of Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the contingent consideration) 3.33 % 0.73 % Annual Asset Volatility Estimate 60.00 % 85.00 % For the contingent consideration, which is 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, 2021 to September 30, 2022: Schedule of reconciliation of the fair values The Door (1) Be Social (2) B/HI (3) Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2021 $ 2,381,869 $ 710,000 $ 1,192,352 (Gain) on change of fair value reported in the condensed consolidated statements of operations (1,358,672 ) (5,000 ) (76,106 ) Settlement of contingent consideration (1,023,197 ) — (1,116,246 ) Ending fair value balance reported in the condensed consolidated balance sheet at September 30, 2022 $ — $ 705,000 $ — (1) During the year ended December 31, 2021, The Door achieved the conditions for the earnout consideration, which were settled on June 7, 2022 by payment of 279,562 shares of common stock. For the three and nine months ended September 30, 2021, the Company recorded gains of $280,000 and $100,000, respectively, in fair value of contingent consideration related to The Door in the condensed consolidated statements of operations. (2) For the three and nine months ended September 30, 2021, the Company recorded losses of $250,000 and $270,000, respectively, in fair value of contingent consideration related to Be Social in the condensed consolidated statements of operations. (3) For both the three and nine months ended September 30, 2021, the Company recorded a loss of $1,140,000 in fair value of contingent consideration related to B/HI in the condensed consolidated statements of operations. During the year ended December 31, 2021, B/HI achieved the conditions for the earnout consideration, which were settled on June 14 and June 29, 2022, as described above.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 11 — STOCKHOLDERS’ EQUITY 2021 Lincoln Park Transaction On December 29, 2021, the Company entered into a purchase agreement (the “LP 2021 Purchase Agreement”) and a registration rights agreement (the “LP 2021 Registration Rights Agreement”) with Lincoln Park Capital Fund, LLC (“Lincoln Park”), pursuant to which the Company could sell and issue to Lincoln Park, and Lincoln Park was obligated to purchase, up to $ 25,000,000 The Company may direct Lincoln Park, at its sole discretion, and subject to certain conditions, to purchase up to 50,000 shares of common stock on any business day (a “Regular Purchase”), provided that on such day the last closing sale price per-share of our common stock is not less than $1.00 as reported by the Nasdaq Capital Market. The amount of a Regular Purchase may be increased under certain circumstances up to 75,000 shares if the closing price is not below $10.00, and up to 100,000 shares if the closing price is not below $12.50, provided that Lincoln Park’s committed obligation for Regular Purchases on any business day shall not exceed $2,000,000. Pursuant to the terms of the LP 2021 Purchase Agreement, at the time the Company signed the LP 2021 Purchase Agreement and the LP 2021 Registration Rights Agreement, the Company issued 51,827 37,019 During the nine months ended September 30, 2022, excluding the additional commitment shares disclosed above, the Company sold 1,035,000 3.47 5.15 4,367,640 2022 Lincoln Park Transaction On August 10, 2022, the Company entered into a new purchase agreement (the “LP 2022 Purchase Agreement”) and a registration rights agreement (the “LP 2022 Registration Rights Agreement”) with Lincoln Park, pursuant to which the Company could sell and issue to Lincoln Park, and Lincoln Park was obligated to purchase, up to $ 25,000,000 The Company may direct Lincoln Park, at its sole discretion, and subject to certain conditions, to purchase up to 50,000 shares of common stock on any business day (a “Regular Purchase”). The amount of a Regular Purchase may be increased under certain circumstances up to 75,000 shares if the closing price is not below $7.50 and up to 100,000 shares if the closing price is not below $10.00, provided that Lincoln Park’s committed obligation for Regular Purchases on any business day shall not exceed $2,000,000. In the event we purchase the full amount allowed for a Regular Purchase on any given business day, we may also direct Lincoln Park to purchase additional amounts as accelerated and additional accelerated purchases. The purchase price of shares of common stock related to the future funding will be based on the then prevailing market prices of such shares at the time of sales as described in the LP 2022 Purchase Agreement. Pursuant to the terms of the LP 2022 Purchase Agreement, at the time the Company signed the LP 2022 Purchase Agreement and the LP 2022 Registration Rights Agreement, the Company issued 57,313 During both the three and nine months ended September 30, 2022, excluding the additional commitment shares disclosed above, the Company sold 245,000 2.42 3.72 681,460 215,000 2.31 2.65 547,375 The Company evaluated the contract that includes the right to require Lincoln Park to purchase shares of common stock in the future (“put right”) considering the guidance in ASC 815-40, “Derivatives and Hedging — Contracts on an Entity’s Own Equity” (“ASC 815-40”) and concluded that it is an equity-linked contract that does not qualify for equity classification, and therefore requires fair value accounting. The Company has analyzed the terms of the freestanding put right and has concluded that it has no value as of September 30, 2022.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	NOTE 12 — SHARE-BASED COMPENSATION On June 29, 2017, the shareholders of the Company approved the Dolphin Digital Media, Inc. 2017 Equity Incentive Plan (the “2017 Plan”). There are 2,000,000 The RSUs granted under the 2017 Plan to the Company’s employees vest in four equal installments on the following dates: March 15, 2022, June 15, 2022, September 15, 2022 and December 15, 2022. The Company recognized compensation expense for RSUs of $ 52,520 166,582 no 51,965 0.21 The following table sets forth the activity for the RSUs: Schedule of RSUs Number of Weighted Average Outstanding (nonvested), December 31, 2021 — $ — Granted 36,336 6.86 Forfeited (4,404 ) 6.86 Vested (24,357 ) 6.86 Outstanding (nonvested), September 30, 2022 7,575 $ 6.86 Shares issued related to an employment agreement Pursuant to the employment agreement between the Company and Mr. Anthony Francisco, on July 27, 2022, the Company issued to Mr. Francisco 11,521 4.34 25,000 100,000

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	9 Months Ended
	Sep. 30, 2022
(Loss) earnings per share:
EARNINGS (LOSS) PER SHARE	NOTE 13 — EARNINGS (LOSS) PER SHARE The following table sets forth the computation of basic and diluted (loss) earnings per share: Schedule of Basic and Diluted Income (Loss) Per Share Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Numerator Net (loss) income $ (1,311,719 ) $ 141,651 $ (1,492,191 ) $ (3,780,392 ) Net income attributable to participating securities — 5,833 — — Net (loss) income attributable to Dolphin Entertainment common stock shareholders and numerator for basic (loss) earnings per share (1,311,719 ) 135,818 (1,492,191 ) (3,780,392 ) Change in fair value of convertible notes payable (45,642 ) — (577,522 ) — Change in fair value of warrants (10,000 ) — (105,000 ) — Interest expense 9,863 — 29,589 — Numerator for diluted (loss) earnings per share $ (1,357,498 ) $ 135,818 $ (2,145,124 ) $ (3,780,392 ) Denominator Denominator for basic EPS - weighted-average shares 9,664,681 7,740,085 9,307,830 7,551,974 Effect of dilutive securities: Warrants 1,157 — 2,100 — Convertible notes payable 127,877 — 127,877 — Denominator for diluted EPS - adjusted weighted-average shares 9,793,715 7,740,085 9,437,807 7,551,974 Basic (loss) earnings per share $ (0.14 ) $ 0.02 $ (0.16 ) $ (0.50 ) Diluted (loss) earnings per share $ (0.14 ) $ 0.02 $ (0.23 ) $ (0.50 ) Basic (loss) earnings per share is computed by dividing income or loss attributable to the shareholders of common stock (the numerator) by the weighted-average number of shares of common stock outstanding (the denominator) for the period. Diluted (loss) earnings per share assume that any dilutive equity instruments, such as convertible notes payable and warrants were exercised and outstanding common stock adjusted accordingly, if their effect is dilutive. One of the Company’s convertible notes payable, the 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. These securities do not contractually participate in losses. For the three months ended September 30, 2021, the Company attributed $ 5,833 For the three and nine months ended September 30, 2022, the convertible promissory note carried at fair value and the outstanding warrants were included in the calculation of fully diluted loss per share. The other convertible notes carried at their principal loan amount, convertible into an aggregate of 578,313 663,801 326,702 273,594

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 14 — RELATED PARTY TRANSACTIONS As part of the employment agreement with its CEO, the Company provided a $ 1,000,000 1,625,000 10 As of September 30, 2022 and December 31, 2021, the Company had accrued $ 2,625,000 1,511,929 1,565,588 66,164 196,336 250,000 The Company entered into the DE LLC Note with an entity wholly owned by our CEO. See Note 9 for further discussion.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 15 — SEGMENT INFORMATION The Company operates in two reportable segments, Entertainment Publicity and Marketing Segment (“EPM”) and Content Production Segment (“CPD”). · The Entertainment Publicity and Marketing segment is composed of 42West, The Door, Viewpoint, Shore Fire, Be Social, and B/HI. This segment primarily provides clients with diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic marketing consulting and content production of marketing materials. · The Content Production segment is composed of Dolphin Entertainment and Dolphin Films. This segment engages in the production and distribution of digital content and feature films. The activities of our Content Production segment also include all corporate overhead activities. The profitability measure employed by our chief operating decision maker, our President and Chief Executive Officer, for allocating resources to operating segments and assessing operating segment performance is operating income (loss). Salaries and related expenses include salaries, bonuses, commissions and other incentive related expenses. General and administrative expenses include rental expense and depreciation of property, equipment and leasehold improvements for properties occupied by corporate office employees, as well as legal and professional expenses which 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. All segments follow the same accounting policies as those described in the Annual Report on Form 10-K for the year ended December 31, 2021. In connection with the acquisitions of 42West, The Door, Viewpoint, Shore Fire, Be Social, and B/HI, the Company assigned $ 5,116,568 8,353,432 20,021,357 Schedule of Revenue and Assets by Segment Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Revenues: EPM $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 CPD — — — — Total $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 Segment Operating Income (Loss): EPM $ 604,837 $ 507,658 $ 3,336,688 $ 488,077 CPD (1,738,604 ) (1,579,369 ) (4,945,222 ) (2,921,342 ) Total operating (loss) income (1,133,767 ) (1,071,711 ) (1,608,534 ) (2,433,265 ) Interest expense (126,147 ) (241,115 ) (400,884 ) (576,146 ) Other income (expenses), net 55,642 1,454,477 682,522 (809,832 ) (Loss) income before income taxes and equity in losses of unconsolidated affiliates $ (1,204,272 ) $ 141,651 $ (1,326,896 ) $ (3,819,243 ) As of As of Total assets: EPM $ 48,366,935 $ 48,691,939 CPD 7,358,533 4,099,512 Total $ 55,725,468 $ 52,791,451

LEASES

LEASES	9 Months Ended
	Sep. 30, 2022
Leases
LEASES	NOTE 16 — LEASES The Company and its subsidiaries are party to various office leases with terms expiring at different dates through December 2027. The amortizable life of the right-of-use (“ROU”) asset is limited by the expected lease term. Although certain leases include options to extend, the Company did not include these in the ROU asset or lease liability calculations because it is not reasonably certain that the options will be executed. On July 18, 2022, the Company entered into an agreement to sublet 17,554 rentable square feet in Los Angeles, California at a base rent of $3.61 per rentable square foot. The term of the sublease commenced on July 27, 2022 and expires on November 29, 2027 and allows for annual increases of 3% per annum throughout the term of the lease. 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, 2022 and 2021. Schedule of Lease Income and Expenses Three Months Ended Nine Months Ended September 30, Lease costs Classification 2022 2021 2022 2021 Operating lease costs Selling, general and administrative expenses $ 709,542 $ 620,121 $ 1,876,153 $ 2,029,524 Operating lease costs Direct costs — — — 60,861 Sublease income Selling, general and administrative expenses (106,247 ) — (228,230 ) — Net lease costs $ 603,295 $ 620,121 $ 1,647,923 $ 2,090,385 During the nine months ended September 30, 2022, the Company recorded an impairment of its ROU asset amounting to $ 98,857 Lease Payments For the nine months ended September 30, 2022 and 2021, the Company made payments in cash related to its operating leases in the amounts of $ 1,567,453 2,067,546 Future maturities lease payments for operating leases for the remainder of 2022 and thereafter, were as follows: Schedule of Future Minimum Payments Under Operating Lease Agreements 2022 $ 695,949 2023 2,659,521 2024 2,550,664 2025 1,979,589 2026 1,782,057 Thereafter 719,797 Total lease payments $ 10,387,577 Less: Imputed interest (1,772,284 ) Present value of lease liabilities $ 8,615,293 As of September 30, 2022, the Company’s weighted average remaining lease term on its operating leases is 3.60 8.63

COLLABORATIVE ARRANGEMENT

COLLABORATIVE ARRANGEMENT	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
COLLABORATIVE ARRANGEMENT	NOTE 17 — COLLABORATIVE ARRANGEMENT IMAX Co-Production Agreement On June 24, 2022, the Company entered into an agreement with IMAX Corporation (“IMAX”) to co-produce and co-finance a documentary motion picture on the flight demonstration squadron of the United States Navy, called The Blue Angels (“Blue Angels Agreement”). IMAX and Dolphin have each agreed to fund 50% of the production budget. During the three and nine months ended September 30, 2022, the Company paid $ 1,000,000 1,500,000 We have evaluated the Blue Angels Agreement and have determined that it is a collaborative arrangement under FASB ASC Topic 808 “Collaborative Arrangements”. We will reevaluate whether an arrangement qualifies or continues to qualify as a collaborative arrangement whenever there is a change in either the roles of the participants or the participants’ exposure to significant risks and rewards, dependent upon the ultimate commercial success of documentary motion picture. As production of the documentary motion picture is still in the early stages, no income or expense has been recorded in connection with the Blue Angels Agreement during the three and nine months ended September 30, 2022.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 18 — COMMITMENTS AND CONTINGENCIES Litigation The Company may be subject to legal proceedings, claims, and liabilities that arise in the ordinary course of business. The Company is not aware of any pending litigation as of the date of this report and, therefore, in the opinion of management and based upon the advice of its outside counsels, the liability, if any, from any pending litigation is not expected to have a material effect in the Company’s financial position, results of operations and cash flows. IMAX Co-Production Agreement As discussed in Note 17, on June 24, 2022, the Company entered into the Blue Angels Agreement with IMAX. Under the terms of this agreement, the Company has funded $ 1,500,000 500,000

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 19 — SUBSEQUENT EVENTS 7,777 Creature Chronicles: Exiled Aliens 13,175 435,000 On November 14, 2022, (the “Closing Date”), the Company, through its wholly owned subsidiary, MidCo LLC, (“MidCo”), acquired all of the issued and outstanding membership interest of Socialyte, LLC, a Delaware limited liability company, (“Socialyte”), pursuant to a membership purchase agreement between the Company and NSL Ventures, LLC (“Seller”). Socialyte is a New York and Los Angeles based creative agency specializing in social media influencer marketing campaigns for brands. The consideration paid by the Company in connection with the acquisition of Socialyte is $13,000,000 plus the potential to earn up to an additional $5,000,000 upon meeting certain financial targets in 2022. On the Closing Date, the Company paid the Seller $5,000,000 cash, issued the Seller 1,346,257 shares of its Common Stock and issued the Seller a $3,000,000 unsecured promissory note, which is to be repaid in two equal installments on June 30, 2023 and September 30, 2023. In addition, the Company issued the Seller 685,234 shares of its Common Stock in satisfaction of the Closing Date working capital adjustment. 3,000,000

GENERAL (Policies)

GENERAL (Policies)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Impact of COVID-19	Impact of COVID-19 The continued spread of new COVID-19 variants did not have a significant impact on our business during the quarter ended September 30, 2022. The future course of the pandemic could have adverse effects in the U.S and global economies and thus negatively impact our business and financial results.
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Dolphin, and all of its wholly owned subsidiaries, comprising Dolphin Films, Inc. (“Dolphin Films”), Dolphin SB Productions LLC, Dolphin Max Steel Holdings, LLC, Dolphin JB Believe Financing, LLC, Dolphin JOAT Productions, LLC, 42West, The Door, Viewpoint, Shore Fire, Be Social and B/HI. The Company applies the equity method of accounting for its investments in entities for which it does not have a controlling financial interest, but over which it has the ability to exert significant influence. The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of its financial position as of September 30, 2022, and its results of operations and cash flows for the three and nine months ended September 30, 2022 and 2021. 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, 2022 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2022. The condensed consolidated balance sheet as of December 31, 2021 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, 2021.
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 as of the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The most significant estimates made by management in the preparation of the financial statements relate to the estimates in the fair value of acquisitions, estimates in assumptions used to calculate the fair value of certain liabilities, realizability of notes receivable and impairment assessments for investment in capitalized production costs, goodwill and long-lived assets. 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. Due to COVID-19 and the uncertainty of the extent of the impacts related thereto, certain estimates and assumptions may require increased judgment. As events continue to evolve and additional information becomes available, these estimates may change in future periods. It is difficult to predict what the ongoing impact of the pandemic will be on future periods.
Update to Significant Accounting Policies	Update to Significant Accounting Policies The Company’s significant accounting policies are detailed in "Note 2: Summary of Significant Accounting Policies" within Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2021. As a result of entering into a collaborative arrangement in June 2022, the Company updated its revenue recognition accounting policy to include the information as detailed below. There were no other significant changes to the Company’s accounting policies during the three and nine months ended September 30, 2022.
Revenue Recognition	Revenue Recognition The Company analyzes our collaboration agreements to assess whether such arrangements, or transactions between arrangement participants, involve joint operating activities performed by parties that are both active participants in the activities and exposed to significant risks and rewards dependent on the commercial success of such activities or are more akin to a vendor-customer relationship. In making this evaluation, the Company considers whether the activities of the collaboration are considered to be distinct and deemed to be within the scope of the collaboration guidance and those that are more reflective of a vendor-customer relationship and, therefore, within the scope of the revenue with contracts with customer guidance. This assessment is performed throughout the life of the arrangement based on changes in the responsibilities of all parties in the arrangement. For collaboration arrangements that are in the scope of the collaboration guidance, we may analogize to the revenue from contracts with customers’ guidance for some aspects of these arrangements. Revenue from transactions with collaboration participants is presented apart from revenue with contracts with customers in our condensed consolidated statements of operations. To date, there has been no revenue generated from collaboration arrangements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Guidance Not Yet Adopted Accounting for Contract Assets and Contract Liabilities from Contracts with Customers In June 2016, the FASB issued new guidance on measurement of credit losses (ASU 2016-13, “ Measurement of Credit Losses on Financial Instruments
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform with current year presentation. These reclassifications had no impact on the Company’s condensed consolidated statements of operations or condensed consolidated statements of cash flows.

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue
Schedule of Revenue by Segment	Schedule of Revenue by Segment For the Three Months Ended September 30, For the Nine Months Ended September 30, 2022 2021 2022 2021 Entertainment publicity and marketing $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 Content production — — — — Total Revenues $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793
Schedule of contract asset and liability	Schedule of contract asset and liability Contract Contract Balance as of December 31, 2021 $ 62,500 $406,373 Balance as of September 30, 2022 — 911,970 Change $ (62,500 ) $505,597
Schedule of Revenues	Schedule of Revenues Three Months Ended Nine Months Ended 2022 2021 2022 2021 Amounts included in the beginning of year contract liability balance $ — $ 10,000 $ 329,937 $ 347,221

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Schedule of Intangible Assets September 30, 2022 December 31, 2021 Gross Accumulated Net Gross Accumulated Net Intangible assets subject to amortization: Customer relationships $ 8,290,000 $ 5,531,265 $ 2,758,735 $ 8,290,000 $ 4,880,016 $ 3,409,984 Trademarks and trade names 4,490,000 2,157,167 2,332,833 4,490,000 1,797,917 2,692,083 Non-compete agreements 690,000 665,000 25,000 690,000 650,000 40,000 $ 13,470,000 $ 8,353,432 $ 5,116,568 $ 13,470,000 $ 7,327,933 $ 6,142,067
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 2022 $ 341,833 2023 1,227,824 2024 991,715 2025 961,373 2026 934,001 Thereafter 659,822 Total $ 5,116,568

OTHER CURRENT LIABILITIES (Tabl

OTHER CURRENT LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Schedule of Other liabilities	Schedule of Other liabilities September 30, December 31, 2022 2021 Accrued funding under Max Steel production agreement $ 620,000 $ 620,000 Accrued audit, legal and other professional fees 698,304 429,299 Accrued commissions 496,276 457,269 Accrued bonuses 220,000 360,817 Due to seller of Be Social — 304,169 Talent liability 2,343,906 2,908,357 Accumulated customer deposits 801,247 1,206,864 Other 512,867 563,809 Other current liabilities $ 5,692,600 $ 6,850,584

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of debt	Schedule of debt Debt Type September 30, December 31, Convertible notes payable $ 2,400,000 $ 2,900,000 Convertible note payable - fair value option 420,613 998,135 Non-convertible promissory notes 896,895 1,176,644 Loans from related party (see Note 9) 1,107,873 1,107,873 Total debt $ 4,825,381 $ 6,182,652 Less current portion of debt (516,036 ) (307,685 ) Noncurrent portion of debt $ 4,309,345 $ 5,874,967
Schedule of Future Annual Contractual Principal Payment Commitments of Debt	Schedule of Future Annual Contractual Principal Payment Commitments of Debt Debt Type Maturity Date 2022 2023 2024 2025 2026 Thereafter Convertible notes payable Ranging from August to September 2024 $ — $ — $ 2,400,000 $ — $ — $ — Convertible note payable - fair value option March 2030 — — — — — 500,000 Nonconvertible promissory notes Ranging between June 2023 and December 2023 (1) 27,935 868,960 — — — — Loans from related party July 2024 — — 1,107,873 — — — $ 27,935 $ 868,960 $ 3,507,873 $ — $ — $ 500,000 (1) Pursuant to the terms of one of the nonconvertible promissory notes, the Company makes monthly payments of principal and interest. This note matures on December 2023; however, the amounts in the 2022 column represent principal payments to be made during the remainder of 2022.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Schedule of consolidated financial instruments	Schedule of consolidated financial instruments Level in September 30, 2022 December 31, 2021 Fair Value Carrying Fair Carrying Fair Hierarchy Amount Value Amount Value Assets: Cash and cash equivalents 1 $ 4,452,562 $ 4,452,562 $ 7,688,743 $ 7,688,743 Restricted cash 1 1,140,483 1,140,483 541,883 541,883 Liabilities: Convertible notes payable 3 $ 2,400,000 $ 2,168,000 $ 2,900,000 $ 2,900,000 Convertible note payable at fair value 3 420,613 420,613 998,135 998,135 Warrant liability 3 30,000 30,000 135,000 135,000 Contingent consideration 3 705,000 705,000 4,284,221 4,284,221
Schedule of convertible notes payable	Schedule of convertible notes payable September 30, 2022 December 31, 2021 Level Carrying Amount Fair Value Carrying Amount Fair Value 10% convertible notes due in August 2024 3 $ 2,000,000 $ 1,811,000 $ 2,000,000 $ 1,998,000 10% convertible notes due in September 2024 3 400,000 357,000 900,000 902,000 $ 2,400,000 $ 2,168,000 $ 2,900,000 $ 2,900,000
Schedule of fair value categorized within Level 3	Schedule of fair value categorized within Level 3 March 4th Note Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2021 $ 998,135 (Gain) on change of fair value reported in the condensed consolidated statements of operations (577,522 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2022 $ 420,613
Schedule of contingent consideration	Schedule of contingent consideration Be Social Inputs As of September 30, 2022 As of Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the contingent consideration) 3.33 % 0.73 % Annual Asset Volatility Estimate 60.00 % 85.00 %
Schedule of reconciliation of the fair values	Schedule of reconciliation of the fair values The Door (1) Be Social (2) B/HI (3) Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2021 $ 2,381,869 $ 710,000 $ 1,192,352 (Gain) on change of fair value reported in the condensed consolidated statements of operations (1,358,672 ) (5,000 ) (76,106 ) Settlement of contingent consideration (1,023,197 ) — (1,116,246 ) Ending fair value balance reported in the condensed consolidated balance sheet at September 30, 2022 $ — $ 705,000 $ — (1) During the year ended December 31, 2021, The Door achieved the conditions for the earnout consideration, which were settled on June 7, 2022 by payment of 279,562 shares of common stock. For the three and nine months ended September 30, 2021, the Company recorded gains of $280,000 and $100,000, respectively, in fair value of contingent consideration related to The Door in the condensed consolidated statements of operations. (2) For the three and nine months ended September 30, 2021, the Company recorded losses of $250,000 and $270,000, respectively, in fair value of contingent consideration related to Be Social in the condensed consolidated statements of operations. (3) For both the three and nine months ended September 30, 2021, the Company recorded a loss of $1,140,000 in fair value of contingent consideration related to B/HI in the condensed consolidated statements of operations. During the year ended December 31, 2021, B/HI achieved the conditions for the earnout consideration, which were settled on June 14 and June 29, 2022, as described above.
Monte Carlo Simulation [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of estimated fair value	Schedule of estimated fair value Fair Value Assumption – Convertible Debt September 30, 2022 December 31, 2021 Stock Price $ 2.65 $ 8.52 Minimum Conversion Price $ 2.50 $ 2.50 Annual Asset Volatility Estimate 80 % 100 % Risk Free Discount Rate (based on U.S. government treasury obligation with a term similar to that of the convertible note) 4.02 4.05 % 0.61 0.64 %
Convertible Debt [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of estimated fair value	Schedule of estimated fair value September 30, 2022 December 31, 2021 Face value principal payable $ 500,000 $ 500,000 Original conversion price $ 3.91 $ 3.91 Value of Common Stock $ 2.65 $ 8.52 Expected term (years) 7.43 8.18 Volatility 100 % 100 % Risk free rate 3.95 % 1.47 %
Series I Warrant [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of estimated fair value	Schedule of estimated fair value Fair Value Assumption - Series “I” Warrants September 30, 2022 December 31, 2021 Exercise Price per share $ 3.91 $ 3.91 Value of Common Stock $ 2.65 $ 8.52 Expected term (years) 2.92 3.67 Volatility 100 % 100 % Dividend yield 0 % 0 % Risk free rate 4.25 % 1.07 %
Schedule of fair value categorized within Level 3	Schedule of fair value categorized within Level 3 Fair Value: Series I Beginning fair value balance reported on the condensed consolidated balance sheet at December 31, 2021 $ 135,000 (Gain) on change of fair value reported in the condensed consolidated statements of operations (105,000 ) Ending fair value balance reported on the condensed consolidated balance sheet at September 30, 2022 $ 30,000

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of RSUs	Schedule of RSUs Number of Weighted Average Outstanding (nonvested), December 31, 2021 — $ — Granted 36,336 6.86 Forfeited (4,404 ) 6.86 Vested (24,357 ) 6.86 Outstanding (nonvested), September 30, 2022 7,575 $ 6.86

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2022
(Loss) earnings per share:
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, 2022 2021 2022 2021 Numerator Net (loss) income $ (1,311,719 ) $ 141,651 $ (1,492,191 ) $ (3,780,392 ) Net income attributable to participating securities — 5,833 — — Net (loss) income attributable to Dolphin Entertainment common stock shareholders and numerator for basic (loss) earnings per share (1,311,719 ) 135,818 (1,492,191 ) (3,780,392 ) Change in fair value of convertible notes payable (45,642 ) — (577,522 ) — Change in fair value of warrants (10,000 ) — (105,000 ) — Interest expense 9,863 — 29,589 — Numerator for diluted (loss) earnings per share $ (1,357,498 ) $ 135,818 $ (2,145,124 ) $ (3,780,392 ) Denominator Denominator for basic EPS - weighted-average shares 9,664,681 7,740,085 9,307,830 7,551,974 Effect of dilutive securities: Warrants 1,157 — 2,100 — Convertible notes payable 127,877 — 127,877 — Denominator for diluted EPS - adjusted weighted-average shares 9,793,715 7,740,085 9,437,807 7,551,974 Basic (loss) earnings per share $ (0.14 ) $ 0.02 $ (0.16 ) $ (0.50 ) Diluted (loss) earnings per share $ (0.14 ) $ 0.02 $ (0.23 ) $ (0.50 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Revenue and Assets by Segment	Schedule of Revenue and Assets by Segment Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Revenues: EPM $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 CPD — — — — Total $ 9,899,013 $ 9,399,432 $ 29,366,748 $ 25,219,793 Segment Operating Income (Loss): EPM $ 604,837 $ 507,658 $ 3,336,688 $ 488,077 CPD (1,738,604 ) (1,579,369 ) (4,945,222 ) (2,921,342 ) Total operating (loss) income (1,133,767 ) (1,071,711 ) (1,608,534 ) (2,433,265 ) Interest expense (126,147 ) (241,115 ) (400,884 ) (576,146 ) Other income (expenses), net 55,642 1,454,477 682,522 (809,832 ) (Loss) income before income taxes and equity in losses of unconsolidated affiliates $ (1,204,272 ) $ 141,651 $ (1,326,896 ) $ (3,819,243 ) As of As of Total assets: EPM $ 48,366,935 $ 48,691,939 CPD 7,358,533 4,099,512 Total $ 55,725,468 $ 52,791,451

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2022
Leases
Schedule of Lease Income and Expenses	Schedule of Lease Income and Expenses Three Months Ended Nine Months Ended September 30, Lease costs Classification 2022 2021 2022 2021 Operating lease costs Selling, general and administrative expenses $ 709,542 $ 620,121 $ 1,876,153 $ 2,029,524 Operating lease costs Direct costs — — — 60,861 Sublease income Selling, general and administrative expenses (106,247 ) — (228,230 ) — Net lease costs $ 603,295 $ 620,121 $ 1,647,923 $ 2,090,385
Schedule of Future Minimum Payments Under Operating Lease Agreements	Schedule of Future Minimum Payments Under Operating Lease Agreements 2022 $ 695,949 2023 2,659,521 2024 2,550,664 2025 1,979,589 2026 1,782,057 Thereafter 719,797 Total lease payments $ 10,387,577 Less: Imputed interest (1,772,284 ) Present value of lease liabilities $ 8,615,293

REVENUE (Schedule of revenue by

REVENUE (Schedule of revenue by segment) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue	$ 9,899,013	$ 9,399,432	$ 29,366,748	$ 25,219,793
EPM [Member]
Revenue	9,899,013	9,399,432	29,366,748	25,219,793
C P D [Member]
Revenue

REVENUE (Schedule of contract a

REVENUE (Schedule of contract asset and liability) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Revenue
Contract asset		$ 62,500
Contract liability	911,970	$ 406,373
Change in contract asset	(62,500)
Changes in contracts liability	$ 505,597

REVENUE (Schedule of revenues)

REVENUE (Schedule of revenues) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue
Amounts included in the beginning of year contract liability balance		$ 10,000	$ 329,937	$ 347,221

REVENUE (Details Narrative)

REVENUE (Details Narrative)	9 Months Ended
	Sep. 30, 2022 USD ($)
Revenue
Performance obligations	$ 911,970
Performance obligation recognized	$ 849,469

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 13,470,000	$ 13,470,000
Accumulated Amortization	8,353,432	7,327,933
Net Carrying Amount	5,116,568	6,142,067
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	8,290,000	8,290,000
Accumulated Amortization	5,531,265	4,880,016
Net Carrying Amount	2,758,735	3,409,984
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,490,000	4,490,000
Accumulated Amortization	2,157,167	1,797,917
Net Carrying Amount	2,332,833	2,692,083
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	690,000	690,000
Accumulated Amortization	665,000	650,000
Net Carrying Amount	$ 25,000	$ 40,000

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Schedule of amortization expense related to intangible assets) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 341,833
2023	1,227,824
2024	991,715
2025	961,373
2026	934,001
Thereafter	659,822
Total	$ 5,116,568	$ 6,142,067

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill			$ 20,021,357
Amortization expense	$ 341,833	$ 394,998	$ 1,025,499	$ 1,184,994

ACQUISITIONS (Details Narrative

ACQUISITIONS (Details Narrative) - USD ($)			3 Months Ended		9 Months Ended
	Jun. 14, 2022	Jan. 02, 2021	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Business Acquisition [Line Items]
Revenues			$ 9,899,013	$ 9,399,432	$ 29,366,748	$ 25,219,793
B H I Share Purchase Agreement [Member]
Business Acquisition [Line Items]
Purchase amount		$ 800,000
Additional earned		$ 1,100,000
Cash			$ 600,000		$ 600,000
B H I Share Purchase Agreement [Member] | Common Stock [Member]
Business Acquisition [Line Items]
Number of shares issued					163,369
B H I [Member]
Business Acquisition [Line Items]
Purchase amount				22,907		22,907
Number of shares issued	163,369
Revenues				$ 1,082,856		$ 2,509,697

NOTES RECEIVABLE (Details Narra

NOTES RECEIVABLE (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2021	Nov. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Notes receivable	$ 4,323,153	$ 4,323,153	$ 1,510,137
Interest receivable	215,073	215,073
Notes receivable	0	0
Crafthouse Cocktails [Member]
Defined Benefit Plan Disclosure [Line Items]
Notes receivable issued	0	0
Seven Unsecured Convertible Promissory Notes [Member]
Defined Benefit Plan Disclosure [Line Items]
Unsecured convertible promissory notes	3,108,080	3,108,080
Midnight Theatre [Member] | Four Unsecured Convertible Promissory Notes [Member]
Defined Benefit Plan Disclosure [Line Items]
Unsecured convertible promissory notes	$ 869,280	$ 869,280
Crafthouse Cocktails [Member]
Defined Benefit Plan Disclosure [Line Items]
Unsecured convertible promissory notes				$ 500,000

EQUITY METHOD INVESTMENTS (Deta

EQUITY METHOD INVESTMENTS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Loss on equity method investment	$ (100,223)		$ (143,623)
Investment in JDDC Elemental LLC			1,000,000
Midnight Theatre [Member]
Defined Benefit Plan Disclosure [Line Items]
Investment	939,214		939,214
Loss on equity method investment	60,786		60,786
Crafthouse Cocktails [Member]
Defined Benefit Plan Disclosure [Line Items]
Investment	1,417,163		1,417,163
Loss on equity method investment	$ 39,437		$ 82,837

OTHER CURRENT LIABILITIES (Sche

OTHER CURRENT LIABILITIES (Schedule of Other liabilities) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Accrued funding under Max Steel production agreement	$ 620,000	$ 620,000
Accrued audit, legal and other professional fees	698,304	429,299
Accrued commissions	496,276	457,269
Accrued bonuses	220,000	360,817
Due to seller of Be Social		304,169
Talent liability	2,343,906	2,908,357
Accumulated customer deposits	801,247	1,206,864
Other	512,867	563,809
Other current liabilities	$ 5,692,600	$ 6,850,584

DEBT (Schedule of debt) (Detail

DEBT (Schedule of debt) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Convertible notes payable	$ 2,400,000	$ 2,900,000
Convertible note payable - fair value option	420,613	998,135
Non-convertible promissory notes	896,895	1,176,644
Loans from related party (see Note 9)	1,107,873	1,107,873
Total debt	4,825,381	6,182,652
Less current portion of debt	(516,036)	(307,685)
Noncurrent portion of debt	$ 4,309,345	$ 5,874,967

DEBT (Schedule of Future Annual

DEBT (Schedule of Future Annual Contractual Principal Payment Commitments of Debt) (Details)	9 Months Ended
	Sep. 30, 2022 USD ($)
Debt Instrument [Line Items]
2022	$ 27,935
2023	868,960
2024	3,507,873
2025
2026
Thereafter	$ 500,000
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
Maturity Date	Ranging from August to September 2024
2022
2023
2024	2,400,000
2025
2026
Thereafter
Convertible Notes Payable Fair Value Option [Member]
Debt Instrument [Line Items]
Maturity Date	March 2030
2022
2023
2024
2025
2026
Thereafter	$ 500,000
Nonconvertible Promissory Notes [Member]
Debt Instrument [Line Items]
Maturity Date	Ranging between June 2023 and December 2023(1)	[1]
2022	$ 27,935	[1]
2023	868,960	[1]
2024		[1]
2025		[1]
2026		[1]
Thereafter		[1]
Loan From Related Party [Member]
Debt Instrument [Line Items]
Maturity Date	July 2024
2022
2023
2024	1,107,873
2025
2026
Thereafter
[1]Pursuant to the terms of one of the nonconvertible promissory notes, the Company makes monthly payments of principal and interest. This note matures on December 2023; however, the amounts in the 2022 column represent principal payments to be made during the remainder of 2022.

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($)				1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 03, 2022	Oct. 04, 2022	Aug. 08, 2022	Oct. 18, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Short-Term Debt [Line Items]
Debt instrument amount					$ 2,400,000		$ 2,400,000
Interest rate							10%
Share price					$ 2.50		$ 2.50
Interest expense					$ 80,278	$ 88,000	$ 215,278	$ 130,482
Iinterest payments							199,445	109,176
Accrued interest					1,650,635		1,650,635		$ 1,621,437
Change in fair value of convertible notes and derivative liabilities					45,642	223,923	577,522	826,398
Interest expense					126,147	241,115	400,884	576,146
Debt carrying amount current portion					4,825,381		4,825,381		6,182,652
Notes payable, current portion					516,036		516,036		307,685
Current liabilities					15,502,876		15,502,876		14,953,271
Interest expense					22,719	30,317	70,996	92,765
Interest paid							73,127	93,186
Convertible Debt [Member]
Short-Term Debt [Line Items]
Debt instrument amount					500,000		500,000
Noncurrent liabilities					420,613		420,613		998,135
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Interest expense					9,863	$ 9,863	29,589	29,589
Convertible Promissory Notes [Member]
Short-Term Debt [Line Items]
Iinterest payments							29,589	29,589
Notes Payable to Banks [Member]
Short-Term Debt [Line Items]
Debt instrument amount					$ 896,895		$ 896,895
Debt instrument rate					10%		10%
Debt instrument maturity date							December 2023
Nonconvertible Promissory Notes [Member]
Short-Term Debt [Line Items]
Debt carrying amount current portion					$ 300,000		$ 300,000
Current liabilities					$ 380,859		380,859		$ 868,959
Convertible Promissory Notes [Member]
Short-Term Debt [Line Items]
Debt conversion, Principal							$ 2,400,000	$ 2,900,000
One Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Debt conversion, Principal			$ 500,000
Number of shares converted			125,604
Conversion price			$ 3.98
Accrued interest			$ 5,278
Three Convertible Notes [Member] | Subsequent Event [Member]
Short-Term Debt [Line Items]
Debt conversion, Principal	$ 1,300,000	$ 1,300,000		$ 1,300,000
Convertible Notes [Member]
Short-Term Debt [Line Items]
Debt instrument rate					10%		10%
Two Convertible Notes [Member]
Short-Term Debt [Line Items]
Conversion price					$ 2.50		$ 2.50
One Convertible Note [Member]
Short-Term Debt [Line Items]
Conversion price			$ 2

LOANS FROM RELATED PARTY (Detai

LOANS FROM RELATED PARTY (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Debt instrument amount	$ 2,400,000		$ 2,400,000
Accrued interest	1,650,635		1,650,635		$ 1,621,437
Interest expenses related party	27,924	$ 27,924	82,863	$ 82,863
Interest payments			199,445	109,176
Related Party [Member]
Debt Instrument [Line Items]
Interest payments				$ 81,621
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Debt instrument amount	1,107,873		1,107,873
Accrued interest	$ 138,712		$ 138,712		$ 55,849

FAIR VALUE MEASUREMENTS (Schedu

FAIR VALUE MEASUREMENTS (Schedule of consolidated financial instruments) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Contingent Consideration [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Carrying amount	$ 705,000	$ 4,284,221
Fair value	705,000	4,284,221
Convertible Notes Payable [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Carrying amount	2,400,000	2,900,000
Fair value	2,168,000	2,900,000
Convertible Notes Payable At Fair Value [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Carrying amount	420,613	998,135
Fair value	420,613	998,135
Warrantliability [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Carrying amount	30,000	135,000
Fair value	30,000	135,000
Cash and Cash Equivalents [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Carrying amount	4,452,562	7,688,743
Fair value	4,452,562	7,688,743
Restricted Cash [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Carrying amount	1,140,483	541,883
Fair value	$ 1,140,483	$ 541,883

FAIR VALUE MEASUREMENTS (Sche_2

FAIR VALUE MEASUREMENTS (Schedule of convertible notes payable) (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Short-Term Debt [Line Items]
Net Carrying Amount	$ 2,400,000	$ 2,900,000
Fair Value Amount	2,168,000	2,900,000
August 2024 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	2,000,000	2,000,000
Fair Value Amount	1,811,000	1,998,000
September 2024 [Member]
Short-Term Debt [Line Items]
Net Carrying Amount	400,000	900,000
Fair Value Amount	$ 357,000	$ 902,000

FAIR VALUE MEASUREMENTS (Sche_3

FAIR VALUE MEASUREMENTS (Schedule of Fair Value Assumptions Used to Value Liabilities, Put Rights) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Series I Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Exercise Price per share	$ 3.91	$ 3.91
Value of Common Stock	$ 2.65	$ 8.52
Expected term (years)	2 years 11 months 1 day	3 years 8 months 1 day
Volatility	100%	100%
Dividend yield	0%	0%
Risk free rate	4.25%	1.07%
Convertible Debt [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Original conversion price	$ 3.91	$ 3.91
Volatility	100%	100%
Risk free rate	3.95%	1.47%
Face value principal payable	$ 500,000	$ 500,000
Value of common stock	$ 2.65	$ 8.52
Expected term (years)	7 years 5 months 4 days	8 years 2 months 4 days
Monte Carlo Simulation [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Stock Price	$ 2.65	$ 8.52
Original conversion price	$ 2.50	$ 2.50
Volatility	80%	100%
Monte Carlo Simulation [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Risk free rate	4.02%	0.61%
Monte Carlo Simulation [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Risk free rate	4.05%	0.64%

FAIR VALUE MEASUREMENTS (Sche_4

FAIR VALUE MEASUREMENTS (Schedule of fair value categorized within Level 3) (Details)	9 Months Ended
	Sep. 30, 2022 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet	$ 998,135
Gain in fair value reported in the condensed consolidated statements of operations	(577,522)
Ending fair value balance reported on the consolidated balance sheet	420,613
Contingent Consideration [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	2,381,869	[1]
Ending fair value balance reported on the consolidated balance sheet		[1]
(Gain) Loss in fair value reported in the condensed consolidated statements of operations	(1,358,672)	[1]
Settlement of contingent consideration	(1,023,197)	[1]
Contingent Consideration [Member] | Be Social [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet	710,000	[2]
Ending fair value balance reported on the consolidated balance sheet	705,000	[2]
(Gain) Loss in fair value reported in the condensed consolidated statements of operations	(5,000)	[2]
Settlement of contingent consideration		[2]
Contingent Consideration [Member] | 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	1,192,352	[3]
Ending fair value balance reported on the consolidated balance sheet		[3]
(Gain) Loss in fair value reported in the condensed consolidated statements of operations	(76,106)	[3]
Settlement of contingent consideration	(1,116,246)	[3]
Series I Warrants [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning fair value balance reported on the consolidated balance sheet	135,000
Gain in fair value reported in the condensed consolidated statements of operations	(105,000)
Ending fair value balance reported on the consolidated balance sheet	$ 30,000
[1]During the year ended December 31, 2021, The Door achieved the conditions for the earnout consideration, which were settled on June 7, 2022 by payment of 279,562 shares of common stock. For the three and nine months ended September 30, 2021, the Company recorded gains of $280,000 and $100,000, respectively, in fair value of contingent consideration related to The Door in the condensed consolidated statements of operations.[2]For the three and nine months ended September 30, 2021, the Company recorded losses of $250,000 and $270,000, respectively, in fair value of contingent consideration related to Be Social in the condensed consolidated statements of operations.[3]For both the three and nine months ended September 30, 2021, the Company recorded a loss of $1,140,000 in fair value of contingent consideration related to B/HI in the condensed consolidated statements of operations. During the year ended December 31, 2021, B/HI achieved the conditions for the earnout consideration, which were settled on June 14 and June 29, 2022, as described above.

FAIR VALUE MEASUREMENTS (Sche_5

FAIR VALUE MEASUREMENTS (Schedule of reconciliation of the fair values) (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Risk Free Discount Rate (based on US government treasury obligation with a term similar to that of the Contingent Consideration)	3.33%	0.73%
Annual Asset Volatility Estimate	60%	85%

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details Narrative) - USD ($)	Jun. 14, 2022	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt instrument amount		$ 2,400,000
Fair value payout			$ 1,100,000
Cash			$ 600,000
B H I [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Shares issued during period	163,369
B H I [Member] | Contingent Consideration [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt instrument amount		$ 500,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)				1 Months Ended		9 Months Ended
	Aug. 10, 2022	Mar. 07, 2022	Dec. 29, 2021	Nov. 14, 2022	Dec. 29, 2021	Sep. 30, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from issuance of common stock						$ 681,460
Subsequent Event [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares issued and sold				215,000
Proceeds from issuance of common stock				$ 547,375
Lincoln Park Transaction [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued during period						57,313
Number of shares issued and sold						245,000
Minimum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share						$ 2.42
Minimum [Member] | Subsequent Event [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share				$ 2.31
Maximum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share						$ 3.72
Maximum [Member] | Subsequent Event [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share				$ 2.65
L P Purchase Agreement 2021 [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares available to purchase per agreement, value			$ 25,000,000
Regular Purchase, description			The Company may direct Lincoln Park, at its sole discretion, and subject to certain conditions, to purchase up to 50,000 shares of common stock on any business day (a “Regular Purchase”), provided that on such day the last closing sale price per-share of our common stock is not less than $1.00 as reported by the Nasdaq Capital Market. The amount of a Regular Purchase may be increased under certain circumstances up to 75,000 shares if the closing price is not below $10.00, and up to 100,000 shares if the closing price is not below $12.50, provided that Lincoln Park’s committed obligation for Regular Purchases on any business day shall not exceed $2,000,000.
Shares issued during period		37,019			51,827
Number of shares issued and sold						1,035,000
Proceeds from issuance of common stock						$ 4,367,640
L P Purchase Agreement 2021 [Member] | Minimum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share						$ 3.47
L P Purchase Agreement 2021 [Member] | Maximum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued price per share						$ 5.15
L P Purchase Agreement 2022 [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares available to purchase per agreement, value	$ 25,000,000
Regular Purchase, description	The Company may direct Lincoln Park, at its sole discretion, and subject to certain conditions, to purchase up to 50,000 shares of common stock on any business day (a “Regular Purchase”). The amount of a Regular Purchase may be increased under certain circumstances up to 75,000 shares if the closing price is not below $7.50 and up to 100,000 shares if the closing price is not below $10.00, provided that Lincoln Park’s committed obligation for Regular Purchases on any business day shall not exceed $2,000,000. In the event we purchase the full amount allowed for a Regular Purchase on any given business day, we may also direct Lincoln Park to purchase additional amounts as accelerated and additional accelerated purchases. The purchase price of shares of common stock related to the future funding will be based on the then prevailing market prices of such shares at the time of sales as described in the LP 2022 Purchase Agreement.

SHARE BASED COMPENSATION (Detai

SHARE BASED COMPENSATION (Details)	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Share-Based Payment Arrangement [Abstract]
Number of shares, beginning balance | shares
Weighted Average Grant Date fair Value, beginning balance | $ / shares
Number of shares, Granted | shares	36,336
Weighted Average Grant Date fair Value, Garnted | $ / shares	$ 6.86
Number of shares, Forfeited | shares	(4,404)
Weighted Average Grant Date fair Value, Forfeited | $ / shares	$ 6.86
Number of shares, Vested | shares	(24,357)
Weighted Average Grant Date fair Value, Vested | $ / shares	$ 6.86
Number of shares, ending balance | shares	7,575
Weighted Average Grant Date fair Value, ending balance | $ / shares	$ 6.86

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended		9 Months Ended
	Jul. 27, 2022	Jun. 29, 2017	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation					$ 166,582
Share price			$ 2.50		$ 2.50
Mr Francisco [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Employee share awards amount	$ 25,000
Number of shares issued	11,521
Share price	$ 4.34
Mr Francisco [Member] | Employment Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Employee share awards amount	$ 100,000
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Employee share awards amount			$ 52,520		$ 166,582
Share-based compensation				$ 0		$ 0
Unrecognized compensation expense			$ 51,965		$ 51,965
Weighted-average period					2 months 15 days
2017 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Granted shares		2,000,000

EARNINGS (LOSS) PER SHARE (Deta

EARNINGS (LOSS) PER SHARE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Numerator
Net (loss) income	$ (1,311,719)	$ 141,651	$ (1,492,191)	$ (3,780,392)
Net income attributable to participating securities		5,833
Net (loss) income attributable to Dolphin Entertainment common stock shareholders and numerator for basic (loss) earnings per share	(1,311,719)	135,818	(1,492,191)	(3,780,392)
Change in fair value of convertible notes payable	(45,642)		(577,522)
Change in fair value of warrants	(10,000)		(105,000)
Interest expense	9,863		29,589
Numerator for diluted (loss) earnings per share	$ (1,357,498)	$ 135,818	$ (2,145,124)	$ (3,780,392)
Denominator
Denominator for basic EPS - weighted-average shares	9,664,681	7,740,085	9,307,830	7,551,974
Effect of dilutive securities:
Warrants	1,157		2,100
Convertible notes payable	$ 127,877		$ 127,877
Denominator for diluted EPS - adjusted weighted-average shares	9,793,715	7,740,085	9,437,807	7,551,974
Basic (loss) earnings per share	$ (0.14)	$ 0.02	$ (0.16)	$ (0.50)
Diluted (loss) earnings per share	$ (0.14)	$ 0.02	$ (0.23)	$ (0.50)

EARNINGS (LOSS) PER SHARE (De_2

EARNINGS (LOSS) PER SHARE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
(Loss) earnings per share:
Net (loss) income attributable to participating securities	$ 5,833
Antidilutive shares	578,313	326,702	663,801	273,594

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Dec. 31, 2012	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 15, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Interest Expense, Related Party		$ 66,164	$ 66,164	$ 196,336	$ 196,336
Interest paid owed on accrued compensation						$ 250,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Signing bonus owed to related party per signed agreement	$ 1,000,000
Base salary	$ 1,625,000
Interest rate	10%
Accrued Salaries		2,625,000		2,625,000			$ 2,625,000
Interest Payable		$ 1,511,929		$ 1,511,929			$ 1,565,588

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Revenue from External Customer [Line Items]
Revenue	$ 9,899,013	$ 9,399,432	$ 29,366,748	$ 25,219,793
Total operating loss	(1,133,767)	(1,071,711)	(1,608,534)	(2,433,265)
Interest expense	(126,147)	(241,115)	(400,884)	(576,146)
Other income (loss), net	55,642	1,454,477	682,522	(809,832)
Loss before income taxes and equity in losses of unconsolidated affiliates	(1,204,272)	141,651	(1,326,896)	(3,819,243)
Total assets	55,725,468		55,725,468		$ 52,791,451
EPM [Member]
Revenue from External Customer [Line Items]
Revenue	9,899,013	9,399,432	29,366,748	25,219,793
Total operating loss	604,837	507,658	3,336,688	488,077
Total assets	48,366,935		48,366,935		48,691,939
C P D [Member]
Revenue from External Customer [Line Items]
Revenue
Total operating loss	(1,738,604)	$ (1,579,369)	(4,945,222)	$ (2,921,342)
Total assets	$ 7,358,533		$ 7,358,533		$ 4,099,512

SEGMENT INFORMATION (Details Na

SEGMENT INFORMATION (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 8,353,432	$ 7,327,933
42 West, The Door and Viewpoint, Shore Media [Member]
Restructuring Cost and Reserve [Line Items]
Finite-lived Intangible Assets Acquired	5,116,568
Finite-Lived Intangible Assets, Accumulated Amortization	8,353,432
Goodwill, Acquired During Period	$ 20,021,357

LEASES (Schedule of Lease Incom

LEASES (Schedule of Lease Income and Expenses) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net lease costs	$ 603,295	$ 620,121	$ 1,647,923	$ 2,090,385
Selling, General and Administrative Expenses [Member]
Operating lease costs	709,542	620,121	1,876,153	2,029,524
Sublease income	(106,247)		(228,230)
Direct costs [Member]
Operating lease costs				$ 60,861

LEASES (Schedule of Maturities

LEASES (Schedule of Maturities of Lease Liabilities) (Details)	Sep. 30, 2022 USD ($)
Leases
2022	$ 695,949
2023	2,659,521
2024	2,550,664
2025	1,979,589
2026	1,782,057
Thereafter	719,797
Total lease payments	10,387,577
Less: Imputed interest	(1,772,284)
Present value of lease liabilities	$ 8,615,293

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Leases
Impairment of ROU asset	$ 98,857
Operating lease payment	$ 1,567,453	$ 2,067,546
Operating lease term	3 years 7 months 6 days
weighted average discount rate	8.63%

COLLABORATIVE ARRANGEMENT (Deta

COLLABORATIVE ARRANGEMENT (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
	Jun. 24, 2022	Sep. 30, 2022	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Payment for debt	$ 1,500,000	$ 1,000,000	$ 1,500,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended	9 Months Ended
	Jun. 24, 2022	Sep. 30, 2022	Sep. 30, 2022
Product Liability Contingency [Line Items]
Payment for debt	$ 1,500,000	$ 1,000,000	$ 1,500,000
Production Budget [Member]
Product Liability Contingency [Line Items]
Payment for debt	$ 500,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - USD ($)	Nov. 14, 2022	Oct. 02, 2022
Subsequent Event [Line Items]
Acquisition description	The consideration paid by the Company in connection with the acquisition of Socialyte is $13,000,000 plus the potential to earn up to an additional $5,000,000 upon meeting certain financial targets in 2022. On the Closing Date, the Company paid the Seller $5,000,000 cash, issued the Seller 1,346,257 shares of its Common Stock and issued the Seller a $3,000,000 unsecured promissory note, which is to be repaid in two equal installments on June 30, 2023 and September 30, 2023. In addition, the Company issued the Seller 685,234 shares of its Common Stock in satisfaction of the Closing Date working capital adjustment.
Secured loan	$ 3,000,000
Creature Chronicles [Member]
Subsequent Event [Line Items]
Number of non fungible tokens ("NFT'S") issued for sale		7,777
Solana ("SOL") crypto value		13,175
SOL equivalent cash value		$ 435,000