Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated (deficit)	Noncontrolling Interest	Total
Beginning balance, shares at Dec. 31, 2017	8,139,263
Beginning balance, value at Dec. 31, 2017	$ 814	$ 4,155,986	$ (88,000)	$ (3,522,655)		$ 546,145
Repurchase and cancellation of shares, shares	(8,235)
Repurchase and cancellation of shares, value	$ (1)	(111,999)	88,000			(24,000)
Net income (loss)				71,006		71,006
Ending balance, shares at Mar. 31, 2018	8,131,028
Ending balance, value at Mar. 31, 2018	$ 813	4,043,987		(3,451,649)		593,151
Beginning balance, shares at Dec. 31, 2017	8,139,263
Beginning balance, value at Dec. 31, 2017	$ 814	4,155,986	(88,000)	(3,522,655)		546,145
Warrants issued for debt extinguishment						0
Net income (loss)						(1,567,109)
Ending balance, shares at Sep. 30, 2018	8,155,439
Ending balance, value at Sep. 30, 2018	$ 816	6,698,272		(5,089,764)		1,609,324
Beginning balance, shares at Mar. 31, 2018	8,131,028
Beginning balance, value at Mar. 31, 2018	$ 813	4,043,987		(3,451,649)		593,151
Repurchase and cancellation of shares, shares	(589)
Repurchase and cancellation of shares, value		(8,000)				(8,000)
Options issued for debt settlement and services		327,488				327,488
Net income (loss)				(663,229)		(663,229)
Ending balance, shares at Jun. 30, 2018	8,130,439
Ending balance, value at Jun. 30, 2018	$ 813	4,363,475		(4,114,878)		249,410
Stock issued for cash, shares	25,000
Stock issued for cash, value	$ 3	24,997				25,000
Warrants issued with debt and beneficial conversion feature		2,309,800				2,309,800
Net income (loss)				(974,886)		(974,886)
Ending balance, shares at Sep. 30, 2018	8,155,439
Ending balance, value at Sep. 30, 2018	$ 816	6,698,272		(5,089,764)		1,609,324
Beginning balance, shares at Dec. 31, 2018	8,161,679
Beginning balance, value at Dec. 31, 2018	$ 816	10,145,902		(4,016,630)	3,409,159	9,539,247
Prior period lease adjustment at Mar. 31, 2019				(21,142)		(21,142)
Warrants issued for services		312,000				312,000
Stock option expense		297,800				297,800
Warrants issued with debt and beneficial conversion feature		572,924				572,924
Net income (loss)				(3,593,178)	(89,975)	(3,683,153)
Ending balance, shares at Mar. 31, 2019	8,161,679
Ending balance, value at Mar. 31, 2019	$ 816	11,328,626		(7,630,950)	3,319,184	7,017,676
Beginning balance, shares at Dec. 31, 2018	8,161,679
Beginning balance, value at Dec. 31, 2018	$ 816	10,145,902		(4,016,630)	3,409,159	9,539,247
Warrants issued for debt extinguishment						2,238,065
Net income (loss)						(14,326,484)
Ending balance, shares at Sep. 30, 2019	8,588,679
Ending balance, value at Sep. 30, 2019	$ 858	19,275,640		(18,045,098)	3,090,001	4,321,401
Beginning balance, shares at Mar. 31, 2019	8,161,679
Beginning balance, value at Mar. 31, 2019	$ 816	11,328,626		(7,630,950)	3,319,184	7,017,676
Stock issued for cash, shares	407,500
Stock issued for cash, value	$ 41	1,291,244				1,291,285
Shares issued for services, shares	5,000
Shares issued for services, value		99,600				99,600
Shares issued for settlement of accrued liabilities, shares	2,000
Shares issued for settlement of accrued liabilities, value		18,000				18,000
Stock option expense		464,858				464,858
Net income (loss)				(3,380,835)	(90,994)	(3,471,829)
Ending balance, shares at Jun. 30, 2019	8,576,179
Ending balance, value at Jun. 30, 2019	$ 857	13,202,328		(11,011,785)	3,228,190	5,419,590
Shares issued for services, shares	12,500
Shares issued for services, value	$ 1	112,499				112,500
Stock option expense		201,510				201,510
Warrants issued for debt extinguishment		2,238,065				2,238,065
Warrants issued with debt and beneficial conversion feature		3,521,238				3,521,238
Net income (loss)				(7,033,313)	(138,189)	(7,171,502)
Ending balance, shares at Sep. 30, 2019	8,588,679
Ending balance, value at Sep. 30, 2019	$ 858	$ 19,275,640		$ (18,045,098)	$ 3,090,001	$ 4,321,401

Globe Photos, Inc. 10-Q