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Fill in this information to identify your case:
United States Bankruptcy Court for the:
DISTRICT OF DELAWARE
Case number (if known) Chapter 11
Check if this anamended filing
Official Form 201
Voluntary Petition for Non-Individuals Filing for Bankruptcy 04/20
If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name and the case number (ifknown). For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.
1. Debtor's name Knighthouse Media, Inc.
2. All other names debtorused in the last 8 years
Include any assumednames, trade names anddoing business as names
FDBA S&R Media Corp.
3. Debtor's federalEmployer IdentificationNumber (EIN)
45-2805739
4. Debtor's address Principal place of business Mailing address, if different from principal place ofbusiness
150 N. Michigan Ave.Chicago, IL 60601
830 W. Route 22 #104Lake Zurich, IL 60047
Number, Street, City, State & ZIP Code P.O. Box, Number, Street, City, State & ZIP Code
Cook Location of principal assets, if different from principalplace of businessCounty
Number, Street, City, State & ZIP Code
5. Debtor's website (URL) https://www.knighthousemedia.com/
6. Type of debtor Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))
Partnership (excluding LLP)
Other. Specify:
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 1 of 118
Debtor Knighthouse Media, Inc. Case number (if known)
Name
7. Describe debtor's business A. Check one:
Health Care Business (as defined in 11 U.S.C. § 101(27A))
Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))
Railroad (as defined in 11 U.S.C. § 101(44))
Stockbroker (as defined in 11 U.S.C. § 101(53A))
Commodity Broker (as defined in 11 U.S.C. § 101(6))
Clearing Bank (as defined in 11 U.S.C. § 781(3))
None of the above
B. Check all that apply
Tax-exempt entity (as described in 26 U.S.C. §501)
Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. §80a-3)
Investment advisor (as defined in 15 U.S.C. §80b-2(a)(11))
C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor. See http://www.uscourts.gov/four-digit-national-association-naics-codes.
7319
8. Under which chapter of theBankruptcy Code is thedebtor filing?
A debtor who is a “smallbusiness debtor” must checkthe first sub-box. A debtor asdefined in § 1182(1) whoelects to proceed undersubchapter V of chapter 11(whether or not the debtor is a“small business debtor”) mustcheck the second sub-box.
Check one:
Chapter 7
Chapter 9
Chapter 11. Check all that apply:
The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D), and its aggregatenoncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than$2,725,625. If this sub-box is selected, attach the most recent balance sheet, statement ofoperations, cash-flow statement, and federal income tax return or if any of these documents do notexist, follow the procedure in 11 U.S.C. § 1116(1)(B).
The debtor is a debtor as defined in 11 U.S.C. § 1182(1), its aggregate noncontingent liquidated
debts (excluding debts owed to insiders or affiliates) are less than $7,500,000, and it chooses toproceed under Subchapter V of Chapter 11. If this sub-box is selected, attach the most recentbalance sheet, statement of operations, cash-flow statement, and federal income tax return, or ifany of these documents do not exist, follow the procedure in 11 U.S.C. § 1116(1)(B).
A plan is being filed with this petition.
Acceptances of the plan were solicited prepetition from one or more classes of creditors, inaccordance with 11 U.S.C. § 1126(b).
The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities andExchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File theAttachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11(Official Form 201A) with this form.
The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.
Chapter 12
9. Were prior bankruptcycases filed by or againstthe debtor within the last 8years?
No.
Yes.
If more than 2 cases, attach aseparate list. District When Case number
District When Case number
10. Are any bankruptcy casespending or being filed by abusiness partner or anaffiliate of the debtor?
No
Yes.
List all cases. If more than 1,attach a separate list Debtor Relationship
District When Case number, if known
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 2 of 118
Debtor Knighthouse Media, Inc. Case number (if known)
Name
11. Why is the case filed inthis district?
Check all that apply:
Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days immediatelypreceding the date of this petition or for a longer part of such 180 days than in any other district.
A bankruptcy case concerning debtor's affiliate, general partner, or partnership is pending in this district.
12. Does the debtor own orhave possession of anyreal property or personalproperty that needsimmediate attention?
No
Yes.Answer below for each property that needs immediate attention. Attach additional sheets if needed.
Why does the property need immediate attention? (Check all that apply.)
It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.
What is the hazard?
It needs to be physically secured or protected from the weather.
It includes perishable goods or assets that could quickly deteriorate or lose value without attention (for example,livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other options).
Other
Where is the property?
Number, Street, City, State & ZIP Code
Is the property insured?
No
Yes. Insurance agency
Contact name
Phone
Statistical and administrative information
13. Debtor's estimation ofavailable funds
. Check one:
Funds will be available for distribution to unsecured creditors.
After any administrative expenses are paid, no funds will be available to unsecured creditors.
14. Estimated number ofcreditors
1-49
50-99
100-199
200-999
1,000-5,000
5001-10,000
10,001-25,000
25,001-50,000
50,001-100,000
More than100,000
15. Estimated Assets $0 - $50,000
$50,001 - $100,000
$100,001 - $500,000
$500,001 - $1 million
$1,000,001 - $10 million
$10,000,001 - $50 million
$50,000,001 - $100 million
$100,000,001 - $500 million
$500,000,001 - $1 billion
$1,000,000,001 - $10 billion
$10,000,000,001 - $50 billion
More than $50 billion
16. Estimated liabilities $0 - $50,000
$50,001 - $100,000
$100,001 - $500,000
$500,001 - $1 million
$1,000,001 - $10 million
$10,000,001 - $50 million
$50,000,001 - $100 million
$100,000,001 - $500 million
$500,000,001 - $1 billion
$1,000,000,001 - $10 billion
$10,000,000,001 - $50 billion
More than $50 billion
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 3 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 4 of 118
Debtor Knighthouse Media, Inc. Case number (if known)
Name
Request for Relief, Declaration, and Signatures
WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to $500,000 orimprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.
17. Declaration and signatureof authorizedrepresentative of debtor
The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.
I have been authorized to file this petition on behalf of the debtor.
I have examined the information in this petition and have a reasonable belief that the information is true and correct.
I declare under penalty of perjury that the foregoing is true and correct.
Executed on October 2, 2020MM / DD / YYYY
X Korry Stagnito
Signature of authorized representative of debtor Printed name
Title Chief Executive Officer
18. Signature of attorney X /s/ Marc S. Casarino Date October 2, 2020
Signature of attorney for debtor MM / DD / YYYY
Marc S. Casarino 3613Printed name
White and Williams LLPFirm name
600 N. King Street, Suite 800Courthouse SquareWilmington, DE 19801-3722Number, Street, City, State & ZIP Code
Contact phone 302.467.4520 Email address [email protected]
3613 DEBar number and State
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 4
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 5 of 118
Fill in this information to identify the case:Debtor name Knighthouse Media, Inc.United States Bankruptcy Court for the: DISTRICT OF DELAWARE Check if this is an
Case number (if known): amended filing
Official Form 204Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims andAre Not Insiders 12/15
A list of creditors holding the 20 largest unsecured claims must be filed in a Chapter 11 or Chapter 9 case. Include claims which thedebtor disputes. Do not include claims by any person or entity who is an insider, as defined in 11 U.S.C. § 101(31). Also, do notinclude claims by secured creditors, unless the unsecured claim resulting from inadequate collateral value places the creditoramong the holders of the 20 largest unsecured claims.
Name of creditor andcomplete mailing address,including zip code
Name, telephone numberand email address ofcreditor contact
Nature of claim(for example, tradedebts, bank loans,professional services,and governmentcontracts)
Indicate if claimis contingent,
unliquidated, ordisputed
Amount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.
Total claim, ifpartially secured
Deduction for valueof collateral or setoff
Unsecured claim
CDW DirectPost Office Box75723Chicago, IL 60675
$848.32
ComEdPost Office Box6111Carol Stream, IL60197-6111
1-877-426-6331
$816.34
ComputerFulfillment, Inc24 Cook StreetBillerica, MA 01821
$10,085.00
Crowe LLPPost Office Box71570Chicago, IL60694-1570
800-599-2304
$7,143.10
CummingsProperties, LLC200 West CummingsParkAttn: DavidBlumberg,Operations Managerand Mary C, Carroll,Sr. AccountManagerWoburn, MA01801-6396
David Blumberg,OperationsManager
(781) 935-8000
Office lease for100 CummingsCenter, Suite316-C, Beverly,MA
Unliquidated $17,370.00
DeLage LandenFinancial Services,Inc.Post Office Box41602Philadelphia, PA19101-1602
$2,283.32
Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 1
Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 6 of 118
Debtor Knighthouse Media, Inc. Case number (if known)
Name
Name of creditor andcomplete mailing address,including zip code
Name, telephone numberand email address ofcreditor contact
Nature of claim(for example, tradedebts, bank loans,professional services,and governmentcontracts)
Indicate if claimis contingent,
unliquidated, ordisputed
Amount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.
Total claim, ifpartially secured
Deduction for valueof collateral or setoff
Unsecured claim
Fifth Third Bank38 Fountain SquarePlazaCincinnati, OH45263
Lucy Kita
PPP Loan(Forgiveness tobe requested)
Contingent $818,630.00
Foleon Inc.228 East 45th Street,Suite 9ENew York, NY 10017
$1,350.00
Joyce Inc.38 SouthernAvenue, Suite 1Pittsburgh, PA15211
(412) 894-8783
$4,000.00
Kaufman DolowichVoluck LLP135 Crossways ParkDriveSuite 201Woodbury, NY11797
(516) 681-1100
$4,465.72
Marlin BusinessBankPost Office Box13604Philadelphia, PA19101-3604
$513.20
Martin Grist900 W. Dakin StreetApartment 3Chicago, IL 60613
$1,000.00
PGI/Premier GlobalServices2300 LakeviewParkwaySuite 500Alpharetta, GA30009-3945
(800) 952-9108
$1,713.12
Quad/Graphics Inc.Post Office Box644840Pittsburgh, PA15264-4840
888-782-3226
$9,116.64
SPUS8 150 NMA, LPc/o CBRE, Inc.150 N. MichiganAvenue, Suite 350Attn: RichardSimilio, RPA,General ManaChicago, IL 60601
Richard Similio,General Manager
Office lease for150 N. MichiganAvenue, Chicago,IL
Unliquidated $78,191.88
Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 2
Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 7 of 118
Debtor Knighthouse Media, Inc. Case number (if known)
Name
Name of creditor andcomplete mailing address,including zip code
Name, telephone numberand email address ofcreditor contact
Nature of claim(for example, tradedebts, bank loans,professional services,and governmentcontracts)
Indicate if claimis contingent,
unliquidated, ordisputed
Amount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.
Total claim, ifpartially secured
Deduction for valueof collateral or setoff
Unsecured claim
StaffmarkInvestment, LLCPost Office Box734575Chicago, IL60673-4575
$11,500.00
Three CrownsHoldings Ltd.CringlefordBusiness Centre,Suite 9aIntwood RoadCringleford NorwichNR4 6AU, UK
c/o Steven N.Malitz, Esq.
Unsecuredpromissory note
$265,625.00
United HealthcareInsurance CompanyPost Office Box94017Palatine, IL60094-4017
1-844-761-9426
Insurance $10,890.10
XO CommunicationsVERIZONPost Office Box15043Albany, NY12212-5034
$2,140.18
Zoominfo/DiscoverOrgDept LA 24789Pasadena, CA91185-4789
866-904-9666
$10,467.86
Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 3
Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 8 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 9 of 118
United States Bankruptcy CourtDistrict of Delaware
In re Knighthouse Media, Inc. Case No.Debtor(s) Chapter 11
CORPORATE OWNERSHIP STATEMENT (RULE 7007.1)
Pursuant to Federal Rule of Bankruptcy Procedure 7007.1 and to enable the Judges to evaluate possible disqualification orrecusal, the undersigned counsel for Knighthouse Media, Inc. in the above captioned action, certifies that the followingis a (are) corporation(s), other than the debtor or a governmental unit, that directly or indirectly own(s) 10% or more ofany class of the corporation's(s') equity interests, or states that there are no entities to report under FRBP 7007.1:
Media Grower, LLCc/o Korry Stagnito475 East Lake Shore DriveBarrington, IL 60010
SGH GFX IRREVOCABLE TRUSTc/o Benjamin N. Feder, TrusteeStrauss Malk & Feder LLP135 Revere DriveNorthbrook, IL 60062
None [Check if applicable]
October 2, 2020 /s/ Marc S. Casarino
Date Marc S. Casarino 3613
Signature of Attorney or LitigantCounsel for Knighthouse Media, Inc.
White and Williams LLP
600 N. King Street, Suite 800Courthouse SquareWilmington, DE [email protected]
Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 10 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 11 of 118
JOINT UNANIMOUS WRITTEN CONSENT
OF THE SOLE DIRECTOR AND THE STOCKHOLDERS OF
KNIGHTHOUSE MEDIA INC.
September [ ], 2020
The undersigned, being ail of the stockholders (the "Stockholders") and the sole member
of the board of directors (the "Board") of KNIGHTHOUSE MEDIA INC., a Delaware
corporation (the "Corporation"), acting in lieu of a meeting pursuant to the General Corporation
Law of the State of Delaware, do hereby consent to and adopt, as the actions of the Stockholders
and the Board of the Corporation, the following resolutions:
WHEREAS, it is in the best interest of the Corporation to file a voluntary petition in the
United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") pursuant
to Title 11 of the United States Code; and
WHEREAS, such action is authorized by laws of the State of Delaware and not
prohibited by the By-Laws of the Corporation;
NOW, THEREFORE BE IT
RESOLVED, that in the judgment of the Stockholders and Board of the
Corporation, it is in the best interests of the Corporation, its creditors, employees
and other interested parties that a voluntary petition be filed in the Bankruptcy
Court pursuant to Chapter 7 or 11 of Title 11 of the United States Code; and
RESOLVED, that Korry Stagnito, Chief Executive Officer of the Corporation, is
authorized and directed to execute and deliver all documents necessary to perfect
the filing of a Chapter 7 or 11 voluntary bankruptcy case on behalf of the
Corporation; and it is further
RESOLVED, that Korry Stagnito, Chief Executive Officer of the Corporation, is
authorized and directed to appear in all bankruptcy proceedings on behalf of the
Corporation and to otherwise do and perform all acts and deeds and to execute
and deliver all necessary documents on behalf of the Corporation in connection
with such bankruptcy case, and it is further
25290432V. 1
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 12 of 118
RESOLVED, that that Korry Stagnito, Chief Executive Officer of the
Corporation, is authorized and directed to employ the law firm of White and
Williams LLP to represent the Corporation in such bankruptcy case.
IN WITNESS WHEREOF, the undersigned have executed this consent effective as of
the date set forth above.
STOCKHOLDERS:
MEDIA GROWER LLC
By:Name: Korry StagnitoTitle: Chief Executive Officer
Date:
SGH GFX IRREVOCABLE TRUST
u/a/d 11/2/15
Name: Benjamin N. FederTitle: Trustee
Date:
Larry AylwardDate:
BOARD:
Korry StagnitoDate:
-2-
25290432V. 1
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 13 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 14 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 15 of 118
Kn
igh
tho
use M
ed
ia In
c0
9/1
0/2
0
Co
nso
lid
ate
d R
ep
ort
04
:16
PM
Bala
nce S
heet
Fo
r T
rail
ing
13
Mo
nth
s E
nd
ing
Ju
ly 3
1,
20
20
Dec
emb
erJ
an
ua
ryF
ebru
ary
Mar
chA
pri
lM
ay
Ju
nJ
ul
Cu
rren
t A
ssets
Cash
$195,0
20
$168,2
07
$289,0
46
$178,9
89
$843,0
87
$583,6
19
$401,9
19
$248,5
40
Accounts
Receiv
able
590,8
39
418,1
53
396,9
58
276,7
03
243,8
88
197,2
39
142,8
13
140,0
24
Allo
wance f
or
Doubtf
ul A
cco
unts
(48,2
62)
(47,7
14)
(47,4
48)
(47,4
48)
(46,7
48)
(43,2
23)
(37,6
88)
(50,8
68)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Accounts
Receiv
able
- N
ET
542,5
77
370,4
39
349,5
10
229,2
55
197,1
40
154,0
16
105,1
25
89,1
56
Oth
er
Receiv
able
(9,0
89)
(9,5
07)
(9,3
51)
(9,7
33)
(9,7
33)
(9,3
53)
(9,3
53)
(9,3
53)
Inte
rcom
pany
Net
93,5
09
Pre
paid
Expenses a
nd d
eposits
106,4
34
113,2
48
108,6
77
96,3
31
90,7
02
89,4
36
79,2
19
57,3
83
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
urr
en
t A
ssets
928,4
51
642,3
87
737,8
82
494,8
42
1,1
21,1
96
817,7
18
576,9
10
385,7
26
Fix
ed A
sse
ts550,8
66
535,9
81
535,9
81
535,9
81
535,9
81
545,9
81
545,9
81
546,8
29
Depre
cia
tion
(511,0
40)
(498,3
47)
(501,2
75)
(503,7
05)
(505,7
76)
(507,8
21)
(510,1
20)
(511,9
46)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Lo
ng
Term
Assets
39,8
26
37,6
34
34,7
06
32,2
76
30,2
05
38,1
60
35,8
61
34,8
83
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
To
tal
Assets
$968,2
77
$680,0
21
$772,5
88
$527,1
18
$1,1
51,4
01
$855,8
78
$612,7
71
$420,6
09
Cu
rren
t L
iab
ilit
ies
Accounts
Paya
ble
125,2
42
130,8
33
159,4
99
143,0
32
37,4
28
24,2
95
75,9
86
47,4
44
Accru
als
115,6
68
130,5
54
104,3
21
83,0
83
115,8
14
114,0
19
65,0
07
79,6
03
Accru
ed E
mplo
yment
Tax
Accru
ed B
enefits
Short
Term
Debt
250,0
00
250,0
00
250,0
00
250,0
00
250,0
00
50,0
00
Defe
rred R
evenue
198,4
07
260,6
88
263,5
79
229,2
46
249,6
73
235,0
13
250,2
20
243,2
17
Net
Taxes D
ue
22,5
22
Oth
er
Lia
bili
ty187,8
48
187,7
38
187,6
28
187,5
18
186,8
78
186,2
37
185,5
97
184,9
57
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Cu
rren
t L
iab
ilit
ies
649,6
87
709,8
13
965,0
27
892,8
79
839,7
93
809,5
64
826,8
10
605,2
21
Lo
ng
Term
Deb
t
Long T
erm
D
ebt
375,0
00
390,0
00
374,3
75
358,7
50
343,1
25
327,5
00
311,8
75
281,2
50
Long T
erm
IN
T
Payr
oll
Pro
tection P
lan
818,6
30
818,6
30
818,6
30
818,6
30
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Lo
ng
Term
Deb
t375,0
00
390,0
00
374,3
75
358,7
50
1,1
61,7
55
1,1
46,1
30
1,1
30,5
05
1,0
99,8
80
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Lia
bil
itie
s1,0
24,6
87
1,0
99,8
13
1,3
39,4
02
1,2
51,6
29
2,0
01,5
48
1,9
55,6
94
1,9
57,3
15
1,7
05,1
01
Sh
are
ho
lders
' E
qu
ity
Com
mon S
hare
s100
100
100
100
100
100
100
100
Equity
1,3
81,1
23
271,3
76
271,3
76
271,3
76
271,3
76
271,3
76
271,3
76
486,3
76
Reta
ined E
arn
ings
(1,4
37,6
31)
(691,2
68)
(838,2
91)
(995,9
85)
(1,1
21,6
22)
(1,3
71,2
91)
(1,6
16,0
19)
(1,7
70,9
66)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Eq
uit
y a
nd
Reta
ined
Earn
ing
s(5
6,4
08)
(419,7
92)
(566,8
15)
(724,5
09)
(850,1
46)
(1,0
99,8
15)
(1,3
44,5
43)
(1,2
84,4
90)
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
To
tal
Lia
bil
itie
s a
nd
Eq
uit
y$968,2
79
$680,0
21
$772,5
87
$527,1
20
$1,1
51,4
02
$855,8
79
$612,7
72
$420,6
11
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 16 of 118
Kn
igh
thou
se M
edia
In
c09
/09/
20
Co
nso
lid
ate
d R
ep
ort
08:
16 P
M
Inco
me S
tate
men
tF
or
the M
on
th E
nd
ing
Ju
ly 3
1, 2020
Ja
nu
ary
Feb
rua
ryM
arc
hA
pri
lM
ay
Ju
ne
Ju
ly2
02
0
Reven
ue
Pu
blicati
on
sP
rofile
Reve
nue
$107,0
64
$241,7
90
$95,4
32
$80,4
70
$35,3
57
$30,6
84
$61,0
30
$651,8
26
Reprints
4,9
54
1,5
04
750
7,2
08
Web
& D
igit
al
Dig
ital Is
sue R
eve
nue
19,0
00
8,0
00
5,9
98
10,0
00
4,4
41
47,4
39
eN
ew
sle
tter
Reve
nue
950
5,8
00
2,5
50
6,4
00
2,0
00
17,7
00
eB
lasts
4,3
30
4,5
00
4,3
30
10,1
34
11,3
30
34,6
24
Web /
Onlin
e A
dve
rtis
em
ent
39,8
54
27,6
42
34,4
59
18,8
14
7,0
67
10,2
14
2,7
14
140,7
64
Oth
er
Oth
er
(1,5
21)
61
154
(1,3
07)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
even
ue
150,3
51
295,2
16
148,2
51
112,9
12
68,9
57
47,4
92
75,0
74
898,2
53
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Co
st
of
Sale
sE
dit
ori
al
Sala
ry25,0
03
25,0
63
22,1
03
19,9
06
22,1
03
22,1
03
22,1
03
158,3
83
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Ed
ito
rial
Exp
en
se
25,0
03
25,0
63
22,1
03
19,9
06
22,1
03
22,1
03
22,1
03
158,3
83
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Pro
du
cti
on
Sala
ry19,0
83
17,6
66
12,4
70
10,3
07
12,4
70
11,9
55
10,8
80
94,8
32
Custo
m P
ublis
hsin
g E
xpense
250
250
250
250
250
250
1,4
50
2,9
50
Paper&
Printing&
Bin
din
g9,2
00
9,7
22
2,2
31
21,1
53
Magazi
ne P
osta
ge
413
429
760
1,6
02
Reprint
Exp
enses
940
185
1,1
25
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Pro
du
cti
on
Exp
en
se
28,9
46
29,0
07
15,8
96
10,5
57
12,7
20
12,2
05
12,3
30
121,6
63
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Cir
cu
lati
on
Circula
tion F
ulfill
ment
5,5
99
14,3
59
11,0
24
7,9
97
11,6
52
7,4
82
8,5
57
66,6
69
Mis
cella
neous E
xpense
6,0
00
6,0
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Cir
cu
lati
om
Exp
en
se
5,5
99
14,3
59
11,0
24
7,9
97
17,6
52
7,4
82
8,5
57
72,6
69
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Sale
sS
ala
ry148,6
06
119,3
65
84,8
44
55,8
23
81,6
99
71,8
36
36,2
93
598,4
65
Com
mis
sio
ns E
xpense
29,9
41
21,1
26
7,1
06
9,6
46
2,5
06
4,8
37
2,3
19
77,4
82
Bonus
9,1
75
11,3
50
2,1
29
1,6
30
370
24,6
54
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Sale
s E
xp
en
se
187,7
22
151,8
41
94,0
79
67,0
99
84,5
74
76,6
72
38,6
13
700,6
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 17 of 118
Pro
mo
tio
n/M
ark
eti
ng
Sala
ry6,7
85
9,6
44
7,0
49
3,0
72
4,9
56
4,3
56
3,7
76
39,6
38
Mis
cella
neous E
xpense
2,3
05
2,3
05
2,3
05
2,3
05
2,3
05
(1,6
91)
9,8
33
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Pro
mo
tio
n/M
ark
eti
ng
Exp
en
se
9,0
90
11,9
49
9,3
54
5,3
77
7,2
61
4,3
56
2,0
85
49,4
71
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Web
/Dig
ital
Web/D
igital E
xpense
4,5
30
110
597
103
3,3
03
213
987
9,8
43
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Web
/Dig
ital
Exp
en
se
4,5
30
110
597
103
3,3
03
213
987
9,8
43
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Oth
er
Exp
en
se
Oth
er
1,8
71
1,4
35
1,1
69
491
137
179
408
5,6
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Oth
er
Exp
en
se
1,8
71
1,4
35
1,1
69
491
137
179
408
5,6
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
ost
of
Sale
s262,7
61
233,7
65
154,2
22
111,5
30
147,7
50
123,2
10
85,0
82
1,1
18,3
20
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
G
ross
Ma
rgin
(11
2,4
10
)6
1,4
51
(5,9
71
)1
,38
2(7
8,7
93
)(7
5,7
18
)(1
0,0
08
)(2
20
,06
7)
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Overh
ead
Gen
era
l E
xp
en
ses
Ove
rhead S
ala
ry29,4
74
36,0
56
25,9
87
23,0
18
25,3
61
31,2
32
31,6
01
202,7
29
Ove
rhead S
ala
ry -
Off
icers
23,7
80
18,9
58
18,7
50
19,4
26
42,8
02
39,5
32
34,2
08
197,4
57
Em
plo
yment
Taxe
s41,9
02
32,8
91
16,7
16
11,8
38
17,1
96
15,3
74
10,6
78
146,5
96
Benefits
10,5
65
12,9
38
11,9
56
(204)
7,2
69
11,2
12
(8,7
97)
44,9
39
Payr
oll
Pro
cess E
xpense
878
2,7
83
1,5
60
1,2
29
1,4
14
1,7
44
1,2
12
10,8
21
Tra
vel
4,5
02
5,5
18
940
384
75
(2,2
12)
1,8
35
11,0
42
Bank/C
redit C
ard
Serv
ice F
ees
3,6
88
8,5
39
6,5
81
3,2
91
3,7
82
2,5
66
4,0
35
32,4
83
Insura
nce
2,9
51
2,5
91
2,7
71
2,5
09
2,7
95
2,8
31
2,7
71
19,2
18
Recru
ting E
xpense
1,4
77
97
97
97
97
23,0
97
97
25,0
60
Pro
f F
ees -
Accounting
5,9
80
19,0
78
(3,4
29)
5,6
43
27,2
72
Pro
f F
ees -
Legal
5,0
00
632
225
65
1,8
00
7,7
21
Depre
cia
tion
2,9
36
2,9
28
2,4
29
2,0
71
2,0
45
2,2
99
1,8
26
16,5
35
Am
ort
ization
1,1
30
1,1
30
1,1
30
1,1
30
1,1
30
1,1
30
1,1
30
7,9
09
Mis
cella
neous G
enera
l E
xpenses
110
11
16
137
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Gen
era
l E
xp
en
ses T
ota
l134,2
64
144,1
38
85,8
24
64,8
01
109,6
74
130,6
05
80,6
13
749,9
19
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Ch
icag
o E
xp
en
ses
Rent
Exp
ense
38,4
38
38,4
38
38,4
38
38,4
38
38,4
38
38,4
38
39,0
47
269,6
72
Off
ice P
osta
ge
567
1,7
71
542
310
190
73
207
3,6
58
Off
ice S
upplie
s179
211
161
551
Off
ice E
xpenditure
s447
85
400
83
73
52
135
1,2
74
Off
ice E
quip
Renta
ls1,9
32
(33)
1,8
56
(824)
1,0
97
1,0
74
1,1
31
6,2
33
IT C
osts
4,2
19
4,1
89
4,8
73
4,7
24
4,2
88
4,8
70
3,5
87
30,7
51
Inte
rnet
4,1
48
3,7
01
3,7
04
3,6
74
3,6
74
3,6
73
2,4
73
25,0
46
Tele
phone
5,9
12
4,8
87
4,8
84
5,4
78
3,0
27
3,0
45
3,0
97
30,3
31
Utilit
ies
611
530
435
371
360
383
412
3,1
02
CH
I M
iscella
neous E
xp9
(149)
40
7,0
00
6,9
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 18 of 118
To
tal
Ch
icag
o O
verh
ead
Exp
en
ses
56,4
62
53,4
17
55,3
82
52,4
16
51,1
47
51,6
07
57,0
89
377,5
19
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Bo
sto
n E
xp
en
ses
Rent
Exp
ense
5,3
44
5,9
98
5,7
90
5,7
90
5,6
03
5,3
44
5,7
90
39,6
60
Off
ice S
upplie
s290
290
Off
ice E
xpenditure
s724
816
650
166
150
2,5
06
Off
ice E
quip
ment
Renta
ls223
257
233
257
223
257
1,4
49
Inte
rnet
1,4
50
1,4
49
1,4
49
1,4
40
1,4
40
1,4
40
982
9,6
52
Tele
phone
988
988
1,0
68
523
527
531
4,6
26
Utilit
ies
141
408
347
233
1,0
28
89
139
2,3
85
BO
S M
iscella
neous E
xp348
348
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Bo
sto
n O
verh
ead
Exp
en
ses
8,2
97
9,8
83
9,4
81
8,7
64
9,0
18
7,7
73
7,7
00
60,9
17
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Tota
l O
verh
ead
199,0
23
207,4
38
150,6
87
125,9
81
169,8
38
189,9
86
145,4
01
1,1
88,3
55
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
EB
ITD
A /
CO
NT
RIB
UT
ION
(31
1,4
34
)(1
45
,98
7)
(15
6,6
58
)(1
24
,59
9)
(24
8,6
31
)(2
65
,70
4)
(15
5,4
09
)(1
,40
8,4
21
)=
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
=
Inte
rest
(7)
1,0
36
1,0
36
1,0
38
1,0
38
1,0
38
1,0
38
6,2
16
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
NIB
T(3
11
,42
7)
(14
7,0
23
)(1
57
,69
5)
(12
5,6
37
)(2
49
,66
9)
(26
6,7
42
)(1
56
,44
7)
(1,4
14
,63
8)
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Estim
ate
d T
axe
s(2
2,0
13)
(1,5
00)
(23,5
13)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
NIA
T(3
11
,42
7)
(14
7,0
23
)(1
57
,69
5)
(12
5,6
37
)(2
49
,66
9)
(24
4,7
29
)(1
54
,94
7)
(1,3
91
,12
5)
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 19 of 118
Kn
igh
thou
se M
edia
In
c09
/09/
20
Ch
icag
o0
8:16
PM
Inco
me S
tate
men
tF
or
the M
on
th E
nd
ing
Ju
ly 3
1, 2020
Ja
nu
ary
Feb
rua
ryM
arc
hA
pri
lM
ay
Ju
ne
Ju
ly2
02
0
Reven
ue
Pu
blicati
on
s
Pro
file
Reve
nue:
01-4
000-0
0 P
rofile
Adve
rtis
ing S
ale
s -
CT
, C
-BP
117,7
65
50,8
25
15,3
95
183,9
85
02-4
000-0
0 P
rofile
Adve
rtis
ing S
ale
s -
MT
, M
-BP
24,1
95
29,6
45
6,6
67
6,6
94
67,2
01
03-4
000-0
0 P
rofile
Adve
rtis
ing S
ale
s -
FD
, R
F-B
P82,8
69
66,7
97
3,0
00
9,0
95
161,7
61
04-4
000-0
0 P
rofile
Adve
rtis
ing S
ale
s -
E&
I, S
C-B
P124,0
25
28,6
35
10,2
95
14,8
95
61,0
30
238,8
80
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l P
rofile
Reve
nue
107,0
64
241,7
90
95,4
32
80,4
70
35,3
57
30,6
84
61,0
30
651,8
26
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Reprints
:
01-4
600-0
0 R
eprint/
Pla
que/P
DF
Sale
s -
C-B
P1,7
00
1,7
00
02-4
600-0
0 R
eprint/
Pla
que/P
DF
Sale
s -
M-B
P3,2
54
1,5
04
750
5,5
08
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
eprints
4,9
54
1,5
04
750
7,2
08
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Web
& D
igit
al
Dig
ital Is
sue R
eve
nue:
00-4
200-0
0 K
-Book
19,0
00
8,0
00
5,9
98
10,0
00
4,5
00
47,4
98
03-4
710-0
0 S
ubscription S
ale
s -
RF
-BP
, F
D(5
9)
(59)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l D
igital Is
sue R
eve
nue
19,0
00
8,0
00
5,9
98
10,0
00
4,4
41
47,4
39
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
eN
ew
sle
tter
Reve
nue:
01-4
300-0
0 e
New
sle
tter
- C
-BP
800
1,8
50
2,6
50
03-4
300-0
0 e
New
sle
tter
- R
F-B
P2,0
00
2,0
00
02-4
300-0
0 e
New
sle
tter
- M
-BP
950
2,8
00
700
6,4
00
10,8
50
04-4
300-0
0 e
New
sle
tter
- S
-BP
2,2
00
2,2
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l eN
ew
sle
tter
Reve
nue
950
5,8
00
2,5
50
6,4
00
2,0
00
17,7
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
eB
lasts
:
01-4
400-0
0 E
Bla
st
- C
-BP
2,5
00
7,6
34
4,5
00
14,6
34
02-4
400-0
0 E
Bla
st
- M
-BP
4,3
30
500
4,3
30
2,5
00
6,8
30
18,4
90
03-4
400-0
0 E
Bla
st
- R
F-B
P
04-4
400-0
0 E
Bla
st
- E
&R
-BP
1,5
00
1,5
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l eB
lasts
4,3
30
4,5
00
4,3
30
10,1
34
11,3
30
34,6
24
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Web /
Onlin
e A
dve
rtis
em
ent:
01-4
900-0
0 W
eb A
ds -
CT
, C
-BP
13,2
54
9,6
67
8,1
64
9,0
64
6,4
00
2,7
14
2,7
14
51,9
77
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 20 of 118
01-4
901-0
0 V
ideos -
C-B
P
02-4
901-0
0 V
ideos -
M-B
P500
500
03-4
900-0
0 W
eb A
ds -
FD
, R
F-B
P5,2
50
2,9
00
3,6
00
1,6
00
13,3
50
02-4
900-0
0 W
eb A
ds -
MT
, M
-BP
10,8
50
4,0
75
9,5
95
2,7
50
667
27,9
37
04-4
800-0
0 W
eb R
ights
/PD
F -
E&
I, S
C-B
P1,2
00
1,2
00
04-4
900-0
0 W
eb A
ds -
S-B
P8,5
00
7,7
00
12,6
00
5,4
00
7,5
00
41,7
00
04-4
901-0
0 V
ideos -
S-B
P2,0
00
2,0
00
05-4
900-0
0 W
eb A
d -
MG
T,
E&
R-B
P800
1,3
00
2,1
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l W
eb /
Onlin
e A
dve
rtis
em
ent
39,8
54
27,6
42
34,4
59
18,8
14
7,0
67
10,2
14
2,7
14
140,7
64
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Oth
er
Oth
er:
00-4
810-0
0 C
onte
nt
Lic
ensin
g I
ncom
e61
154
214
00-4
950-0
0 M
iscella
neous I
ncom
e(1
,521)
(1,5
21)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ther
(1,5
21)
61
154
(1,3
07)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
even
ue
150,3
51
295,2
16
148,2
51
112,9
12
68,9
57
47,4
92
75,0
74
898,2
53
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Co
st
of
Sale
sE
dit
ori
al
Sala
ry:
01-5
000-0
0 E
ditorial S
ala
ries -
C-B
P5,1
17
5,2
00
5,7
00
5,7
00
5,7
00
5,5
26
5,5
26
38,4
70
03-5
000-0
0 E
ditorial S
ala
ries -
RF
-BP
4,9
83
5,0
67
5,5
67
3,3
69
5,5
67
5,5
26
5,5
26
35,6
04
04-5
000-0
0 E
ditorial S
ala
ries -
S-B
P6,5
44
6,6
06
5,2
51
5,2
51
5,2
51
5,5
26
5,5
26
39,9
55
02-5
000-0
0 E
ditorial S
ala
ries -
MT
-BP
5,0
67
4,8
77
5,2
51
5,2
51
5,2
51
5,5
26
5,5
26
36,7
48
05-5
000-0
0 E
ditorial S
ala
ries -
ER
-BP
3,2
92
3,3
13
333
333
333
7,6
06
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l S
ala
ry25,0
03
25,0
63
22,1
03
19,9
06
22,1
03
22,1
03
22,1
03
158,3
83
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Ed
ito
rial
Exp
en
se
25,0
03
25,0
63
22,1
03
19,9
06
22,1
03
22,1
03
22,1
03
158,3
83
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Pro
du
cti
on
Sala
ry:
01-5
100-0
0 D
esig
n&
Pro
duction S
ala
ries -
C-B
p2,5
59
2,5
20
2,2
74
1,7
33
2,2
74
2,1
45
1,8
76
15,3
81
01-8
070-0
0 S
LS
Adm
in-R
eglr E
arn
-CB
P617
356
972
02-5
100-0
0 D
esig
n&
Pro
duction S
ala
ries -
M-B
P2,5
59
2,5
20
2,2
74
1,7
33
2,2
74
2,1
45
1,8
76
15,3
81
02-8
060-0
0 P
rodctn
Adm
-Reg E
arn
-MB
P641
658
844
844
844
844
844
5,5
18
02-8
070-0
0 S
LS
Adm
in-R
eglr E
arn
-MB
P617
356
972
03-5
100-0
0 D
esig
n&
Pro
duction S
ala
ries -
RF
-BP
2,5
59
2,5
20
2,2
74
1,7
33
2,2
74
2,1
45
1,8
76
15,3
81
03-8
060-0
0 P
rodctn
Adm
-Reg E
arn
-RF
BP
641
658
844
844
844
844
844
5,5
18
03-8
070-0
0 S
LS
Adm
in-R
eglr E
arn
-RF
BP
617
356
972
04-5
100-0
0 D
esig
n&
Pro
duction S
ala
ries -
S-B
P2,5
59
2,5
20
2,2
74
1,7
33
2,2
74
2,1
45
1,8
76
15,3
81
04-8
060-0
0 P
rodctn
Adm
-Reg E
arn
-SB
P641
658
844
844
844
844
844
5,5
18
04-8
070-0
0 S
LS
Adm
in-R
eglr E
arn
-SB
P617
356
972
01-8
060-0
0 P
rodctn
Adm
-Reg E
arn
-CB
P641
658
844
844
844
844
844
5,5
18
05-5
100-0
0 D
esig
n&
Pro
duction S
ala
ries -
E&
R-B
P2,5
59
2,5
20
5,0
79
05-8
060-0
0 P
rodctn
Adm
-Reg E
arn
-ER
BP
641
658
1,2
99
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 21 of 118
05-8
070-0
0 S
LS
Adm
in-R
eglr E
arn
-ER
BP
617
356
972
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l S
ala
ry19,0
83
17,6
66
12,4
70
10,3
07
12,4
70
11,9
55
10,8
80
94,8
32
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Custo
m P
ublis
hsin
g E
xpense:
00-5
150-0
0 D
esig
n&
Pro
duction F
reela
nce
250
250
250
250
250
250
1,4
50
2,9
50
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
usto
m P
ublis
hsin
g E
xpense
250
250
250
250
250
250
1,4
50
2,9
50
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Paper&
Printing&
Bin
din
g:
01-6
002-0
0 P
rint
Exp
ense
- C
T,
C-B
P5,1
34
5,1
34
02-6
002-0
0 P
rint
Exp
ense -
MT
, M
-BP
2,5
00
(247)
2,2
53
02-6
003-0
0 D
igital P
rint
Exp
ense -
MT
, M
-BP
432
432
03-6
002-0
0 P
rint
Exp
ense -
FD
, R
F-B
P5,8
00
(643)
1,8
19
6,9
76
03-6
003-0
0 D
igital P
rint
Exp
ense -
FD
468
312
780
04-6
002-0
0 P
rint
Exp
ense -
E&
I, S
C-B
P4,5
82
4,5
82
04-6
003-0
0 D
igital P
rint
Exp
ense -
E&
I, S
C-B
P368
368
01-6
003-0
0 D
igital P
rint
Exp
ense -
CT
, C
-BP
528
100
628
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l P
aper&
Printing&
Bin
din
g9,2
00
9,7
22
2,2
31
21,1
53
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Magazi
ne P
osta
ge:
01-7
100-0
0 M
aili
ng c
osts
-
CT
, C
-BP
185
331
516
03-7
100-0
0 M
aili
ng c
osts
- F
D,
RF
-BP
138
147
285
04-7
100-0
0 M
aili
ng c
osts
- E
&I,
SC
-BP
244
282
526
02-7
100-0
0 M
aili
ng c
osts
- M
T,
M-B
P275
275
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l M
agazi
ne P
osta
ge
413
429
760
1,6
02
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Reprint
Exp
enses:
01-6
004-0
0 R
eprints
-
CT
, C
-BP
244
244
02-6
004-0
0 R
eprints
- M
T,
M-B
P696
185
881
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
eprint
Exp
enses
940
185
1,1
25
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Pro
du
cti
on
Exp
en
se
28,9
46
29,0
07
15,8
96
10,5
57
12,7
20
12,2
05
12,3
30
121,6
63
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Cir
cu
lati
on
Circula
tion F
ulfill
ment:
00-7
160-0
0 C
ircula
tion F
ulfill
ment
5,5
99
13,1
09
11,0
24
7,9
97
11,6
52
7,4
82
8,5
57
65,4
19
01-7
160-0
0 C
ircula
tion F
ulfill
ment
- C
-BP
1,2
50
1,2
50
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
ircula
tion F
ulfill
ment
5,5
99
14,3
59
11,0
24
7,9
97
11,6
52
7,4
82
8,5
57
66,6
69
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Mis
cella
neous E
xpense:
03-7
190-0
0 C
ircula
tion M
ISC
Exp
- R
F-B
P6,0
00
6,0
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l M
iscella
neous E
xpense
6,0
00
6,0
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 22 of 118
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Cir
cu
lati
om
Exp
en
se
5,5
99
14,3
59
11,0
24
7,9
97
17,6
52
7,4
82
8,5
57
72,6
69
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Sale
s
Sala
ry:
01-8
000-0
0 S
ale
s S
ala
ry -
C-B
P35,8
38
26,8
18
18,7
21
7,6
67
15,7
86
17,9
59
9,0
73
131,8
61
03-8
000-0
0 S
ale
s S
ala
ry -
RF
-BP
32,2
46
28,7
85
20,6
02
14,8
16
18,4
06
17,9
59
9,0
73
141,8
87
04-8
000-0
0 S
ale
s S
ala
ry -
S-B
P34,1
66
27,0
32
23,5
37
18,4
25
26,1
70
17,9
59
9,0
73
156,3
62
05-8
000-0
0 S
ale
s S
ala
ry -
E&
R-B
P9,7
23
9,4
26
736
644
771
21,3
01
02-8
000-0
0 S
ale
s S
ala
ry -
M-B
P36,6
34
27,3
03
21,2
49
14,2
71
20,5
66
17,9
59
9,0
73
147,0
54
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l S
ala
ry148,6
06
119,3
65
84,8
44
55,8
23
81,6
99
71,8
36
36,2
93
598,4
65
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Com
mis
sio
ns E
xpense:
01-8
100-0
0 S
ALE
S-C
om
m-C
BP
4,3
71
4,2
22
1,1
91
1,5
14
270
1,2
09
580
13,3
56
03-8
100-0
0 S
ALE
S-C
om
m-R
FB
P6,6
07
3,7
75
1,3
43
1,7
38
315
1,2
09
580
15,5
68
04-8
100-0
0 S
ALE
S-C
om
m-S
BP
10,0
88
6,0
38
1,9
81
2,9
38
1,1
04
1,2
09
580
23,9
37
02-8
100-0
0 S
ALE
S-C
om
m-M
BP
5,3
63
4,2
46
1,8
28
2,2
38
621
1,2
09
580
16,0
86
05-8
100-0
0 S
ALE
S-C
om
m-E
RB
P3,5
13
2,8
45
763
1,2
19
195
8,5
35
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
om
mis
sio
ns E
xpense
29,9
41
21,1
26
7,1
06
9,6
46
2,5
06
4,8
37
2,3
19
77,4
82
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Bonus:
00-8
110-0
1 S
ale
s C
om
mis
sio
n -
Ext
ern
al -C
HI
1,4
00
2,1
29
3,5
29
01-8
110-0
1 S
ale
s C
om
mis
sio
n -
Ext
ern
al -
CB
P1,6
30
1,6
30
02-8
110-0
0 S
ale
s B
onus -
M-B
P1,2
00
590
1,7
90
03-8
110-0
0 S
ale
s B
onus -
RF
-BP
1,8
75
590
2,4
65
03-8
110-0
1 S
ale
s C
om
mis
sio
n -
Ext
ern
al -R
F-B
P370
370
04-8
110-0
0 S
ale
s B
onus -
S-B
P3,7
00
7,5
90
11,2
90
01-8
110-0
0 S
ale
s B
onus -
C-B
P1,2
00
590
1,7
90
05-8
110-0
0 S
ale
s B
onus -
E&
R-B
P1,2
00
590
1,7
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l B
onus
9,1
75
11,3
50
2,1
29
1,6
30
370
24,6
54
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Sale
s E
xp
en
se
187,7
22
151,8
41
94,0
79
67,0
99
84,5
74
76,6
72
38,6
13
700,6
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Pro
mo
tio
n/M
ark
eti
ng
Sala
ry:
00-7
200-0
0 P
rom
otion/M
ark
eting C
osts
/Sala
ry3,8
69
6,6
44
6,6
22
3,0
72
4,9
56
4,3
56
3,7
76
33,2
94
02-7
200-0
0 P
rom
otion S
ala
ry -
M-B
P583
600
107
1,2
90
03-7
200-0
0 P
rom
otion S
ala
ry -
RF
-BP
583
600
107
1,2
90
04-7
200-0
0 P
rom
otion S
ala
ry -
S-B
P583
600
107
1,2
90
05-7
200-0
0 P
rom
otion S
ala
ry -
E&
R-B
P583
600
1,1
83
01-7
200-0
0 P
rom
otion S
ala
ry -
C-B
P583
600
107
1,2
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l S
ala
ry6,7
85
9,6
44
7,0
49
3,0
72
4,9
56
4,3
56
3,7
76
39,6
38
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Mis
cella
neous E
xpense:
00-7
290-0
0 P
rom
otion M
ISC
Exp
- C
HI
1,6
38
1,6
38
1,6
38
1,6
38
1,6
38
(1,6
91)
6,5
00
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 23 of 118
50-7
290-0
0 P
rom
otion M
ISC
Exp
- B
OS
667
667
667
667
667
3,3
33
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l M
iscella
neous E
xpense
2,3
05
2,3
05
2,3
05
2,3
05
2,3
05
(1,6
91)
9,8
33
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Pro
mo
tio
n/M
ark
eti
ng
Exp
en
se
9,0
90
11,9
49
9,3
54
5,3
77
7,2
61
4,3
56
2,0
85
49,4
71
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Web
/Dig
ital
Web/D
igital E
xpense:
00-9
580-0
0 C
onsultants
- D
igital M
edia
3,0
00
3,0
00
00-9
742-0
0 W
eb S
ite H
osting F
ees
385
85
85
85
275
82
78
1,0
74
00-9
740-0
0 W
eb E
xpense -
CH
I4,1
45
25
512
18
28
132
909
5,7
69
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l W
eb/D
igital E
xpense
4,5
30
110
597
103
3,3
03
213
987
9,8
43
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Web
/Dig
ital
Exp
en
se
4,5
30
110
597
103
3,3
03
213
987
9,8
43
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Oth
er
Exp
en
se
Oth
er:
00-4
009-0
0 P
rofile
Sale
s D
iscount
1,8
71
1,4
35
1,1
69
491
137
179
408
5,6
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ther
1,8
71
1,4
35
1,1
69
491
137
179
408
5,6
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Oth
er
Exp
en
se
1,8
71
1,4
35
1,1
69
491
137
179
408
5,6
90
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
ost
of
Sale
s262,7
61
233,7
65
154,2
22
111,5
30
147,7
50
123,2
10
85,0
82
1,1
18,3
20
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
G
ross
Ma
rgin
(11
2,4
10
)6
1,4
51
(5,9
71
)1
,38
2(7
8,7
93
)(7
5,7
18
)(1
0,0
08
)(2
20
,06
7)
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Overh
ead
Gen
era
l E
xp
en
ses
Ove
rhead S
ala
ry:
00-8
095-0
0 I
T R
egula
r E
arn
ings
6,4
70
6,6
88
6,7
58
6,3
52
5,2
57
12,5
83
14,7
50
58,8
58
00-9
003-0
0 S
ala
ries -
Adm
in8,1
92
4,6
97
4,0
83
3,8
33
3,8
33
3,8
33
3,8
33
32,3
06
09-9
003-0
0 S
ala
ries-E
merg
ing T
rands-A
dm
in1,1
25
1,1
25
2,2
50
00-9
002-0
0 S
ala
ries -
Accounting
14,8
13
24,6
70
15,1
46
12,8
33
15,1
46
13,6
90
13,0
17
109,3
16
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
verh
ead S
ala
ry29,4
74
36,0
56
25,9
87
23,0
18
25,3
61
31,2
32
31,6
01
202,7
29
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Ove
rhead S
ala
ry -
Off
icers
:
00-9
001-0
0 S
ala
ries -
Exe
cutive
s23,7
80
18,9
58
18,7
50
19,4
26
18,7
50
18,7
50
17,7
08
136,1
23
09-9
001-0
0 S
ala
ries-E
merg
ing T
rands-E
xec
24,0
52
20,7
82
16,5
00
61,3
34
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
verh
ead S
ala
ry -
Off
icers
23,7
80
18,9
58
18,7
50
19,4
26
42,8
02
39,5
32
34,2
08
197,4
57
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Em
plo
yment
Taxe
s:
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 24 of 118
00-9
006-0
0 O
H S
al E
mpl T
axe
s -
CH
I41,9
02
32,8
91
16,7
16
11,8
38
17,1
96
15,3
74
10,6
78
146,5
96
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l E
mplo
yment
Taxe
s41,9
02
32,8
91
16,7
16
11,8
38
17,1
96
15,3
74
10,6
78
146,5
96
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Benefits
:
00-9
010-0
0 O
H S
al H
ealth B
nft
s -
CH
I10,5
65
12,9
38
11,9
56
(204)
7,2
69
11,2
12
6,6
23
60,3
59
00-9
012-0
0 V
acation E
xp -
O/H
(15,4
20)
(15,4
20)
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l B
enefits
10,5
65
12,9
38
11,9
56
(204)
7,2
69
11,2
12
(8,7
97)
44,9
39
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Payr
oll
Pro
cess E
xpense:
00-9
005-0
0 P
ayr
oll
Pro
cess C
harg
es
878
2,7
83
1,5
60
1,2
29
1,4
14
1,7
44
1,2
12
10,8
21
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l P
ayr
oll
Pro
cess E
xpense
878
2,7
83
1,5
60
1,2
29
1,4
14
1,7
44
1,2
12
10,8
21
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Tra
vel:
00-9
205-0
0 R
efr
eshm
ents
- C
HI
587
212
59
14
871
00-9
400-0
0 A
dm
in T
rave
l -
CH
I716
5,0
00
786
384
75
(2,2
71)
1,8
21
6,5
11
00-9
401-0
0 R
enta
l C
ars
/Taxi
93
20
113
00-9
410-0
0 B
/Meal -
CH
I85
85
00-9
304-0
0 C
ar
Exp
ense
2,2
77
139
2,4
16
50-9
205-0
0 R
efr
eshm
ents
- B
OS
794
147
69
1,0
09
50-9
410-0
0 B
/Meal -
BO
S36
36
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l T
rave
l4,5
02
5,5
18
940
384
75
(2,2
12)
1,8
35
11,0
42
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Bank/C
redit C
ard
Serv
ice F
ees:
00-9
901-0
0 B
ank C
harg
es
934
873
957
(50)
1,0
40
835
2,0
82
6,6
73
00-9
902-0
0 C
redit c
harg
es
2,7
54
7,6
66
5,6
24
3,3
41
2,7
42
1,7
31
1,9
53
25,8
10
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l B
ank/C
redit C
ard
Serv
ice F
ees
3,6
88
8,5
39
6,5
81
3,2
91
3,7
82
2,5
66
4,0
35
32,4
83
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Insura
nce:
00-9
150-0
0 I
nsura
nce -
CH
I2,9
51
2,5
91
2,7
71
2,5
09
2,7
95
2,8
31
2,7
71
19,2
18
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l In
sura
nce
2,9
51
2,5
91
2,7
71
2,5
09
2,7
95
2,8
31
2,7
71
19,2
18
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Recru
ting E
xpense:
00-8
500-0
0 S
ale
s/L
ist
Gen R
ecru
itin
g E
xp -
CH
I1,4
77
97
97
97
97
97
97
2,0
60
00-9
008-0
0 A
dm
in R
ecru
itm
ent
Exp
enses
23,0
00
23,0
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
ecru
ting E
xpense
1,4
77
97
97
97
97
23,0
97
97
25,0
60
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Pro
f F
ees -
Accounting:
00-9
650-0
0 A
udit a
nd A
ccounta
ncy
Fees
5,9
80
19,0
78
(3,4
29)
5,6
43
27,2
72
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l P
rof
Fees -
Accounting
5,9
80
19,0
78
(3,4
29)
5,6
43
27,2
72
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Pro
f F
ees -
Legal:
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 25 of 118
00-9
600-0
0 L
egal F
ees -
CH
I5,0
00
632
225
65
1,8
00
7,7
21
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l P
rof
Fees -
Legal
5,0
00
632
225
65
1,8
00
7,7
21
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Depre
cia
tion:
00-9
750-0
0 D
epre
cia
tion
2,9
36
2,9
28
2,4
29
2,0
71
2,0
45
2,2
99
1,8
26
16,5
35
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l D
epre
cia
tion
2,9
36
2,9
28
2,4
29
2,0
71
2,0
45
2,2
99
1,8
26
16,5
35
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Am
ort
ization:
00-9
756-0
0 A
mort
ization o
f Leasehold
Im
prv
.-C
HI
670
670
670
670
670
670
670
4,6
89
50-9
756-0
0 A
mort
ization o
f Leasehold
Im
prv
.-B
OS
460
460
460
460
460
460
460
3,2
20
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l A
mort
ization
1,1
30
1,1
30
1,1
30
1,1
30
1,1
30
1,1
30
1,1
30
7,9
09
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Mis
cella
neous G
enera
l E
xpenses:
00-9
983-0
0 O
pera
ting T
ax
Exp
- C
HI
110
11
16
137
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l M
iscella
neous G
enera
l E
xpenses
110
11
16
137
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Gen
era
l E
xp
en
ses T
ota
l134,2
64
144,1
38
85,8
24
64,8
01
109,6
74
130,6
05
80,6
13
749,9
19
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Ch
icag
o E
xp
en
ses
Rent
Exp
ense:
00-9
100-0
0 R
ent
- C
HI
38,4
38
38,4
38
38,4
38
38,4
38
38,4
38
38,4
38
39,0
47
269,6
72
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
ent
Exp
ense
38,4
38
38,4
38
38,4
38
38,4
38
38,4
38
38,4
38
39,0
47
269,6
72
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Off
ice P
osta
ge:
00-9
501-0
0 A
dm
in P
osta
ge -
CH
I567
1,7
71
542
310
190
73
207
3,6
58
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e P
osta
ge
567
1,7
71
542
310
190
73
207
3,6
58
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Off
ice S
upplie
s:
00-9
504-0
0 O
ffic
e S
tationery
- C
HI
179
211
161
551
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e S
upplie
s179
211
161
551
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Off
ice E
xpenditure
s:
00-9
506-0
0 O
ther
Off
ice E
xpenditure
s-C
HI
447
85
400
83
73
52
135
1,2
74
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e E
xpenditure
s447
85
400
83
73
52
135
1,2
74
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Off
ice E
quip
Renta
ls:
00-9
700-0
0 E
quip
ment
Renta
ls1,9
32
(33)
1,8
56
(824)
1,0
97
1,0
74
1,1
31
6,2
33
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e E
quip
Renta
ls1,9
32
(33)
1,8
56
(824)
1,0
97
1,0
74
1,1
31
6,2
33
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 26 of 118
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
IT C
osts
:
00-9
555-0
0 I
T C
osts
- C
onsultin
g -
CH
I652
532
532
532
532
932
500
4,2
12
00-9
561-0
0 I
T-
Oth
er
Soft
ware
/Equip
ment
2,6
72
2,7
62
3,4
46
2,6
72
2,7
86
2,9
68
2,1
17
19,4
24
00-9
565-0
0 I
T C
osts
Soft
wr/
Equip
m M
ain
tenance
895
895
895
1,5
20
970
970
970
7,1
15
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l IT
Costs
4,2
19
4,1
89
4,8
73
4,7
24
4,2
88
4,8
70
3,5
87
30,7
51
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Inte
rnet:
00-9
560-0
0 I
nte
rnet
Exp
- C
HI
4,1
48
3,7
01
3,7
04
3,6
74
3,6
74
3,6
73
2,4
73
25,0
46
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l In
tern
et
4,1
48
3,7
01
3,7
04
3,6
74
3,6
74
3,6
73
2,4
73
25,0
46
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Tele
phone:
00-9
502-0
0 A
dm
in T
ele
phone -
CH
I5,9
12
4,8
87
4,8
84
5,4
78
3,0
27
3,0
45
3,0
97
30,3
31
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l T
ele
phone
5,9
12
4,8
87
4,8
84
5,4
78
3,0
27
3,0
45
3,0
97
30,3
31
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Utilit
ies:
00-9
200-0
0 E
lectr
icity/
Utilit
y -
CH
I611
530
435
371
360
383
412
3,1
02
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l U
tilit
ies
611
530
435
371
360
383
412
3,1
02
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
CH
I M
iscella
neous E
xp:
00-9
505-0
0 M
iscella
neous e
xpense-C
HI
9(1
49)
40
7,0
00
6,9
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l C
HI
Mis
cella
neous E
xp9
(149)
40
7,0
00
6,9
00
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
To
tal
Ch
icag
o O
verh
ead
Exp
en
ses
56,4
62
53,4
17
55,3
82
52,4
16
51,1
47
51,6
07
57,0
89
377,5
19
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
==
Bo
sto
n E
xp
en
ses
Rent
Exp
ense:
50-9
100-0
0 R
ent
- B
OS
5,3
44
5,9
98
5,7
90
5,7
90
5,6
03
5,3
44
5,7
90
39,6
60
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l R
ent
Exp
ense
5,3
44
5,9
98
5,7
90
5,7
90
5,6
03
5,3
44
5,7
90
39,6
60
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Off
ice S
upplie
s:
50-9
504-0
0 O
ffic
e S
tationery
- B
OS
290
290
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e S
upplie
s290
290
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Off
ice E
xpenditure
s:
50-9
210-0
0 C
leaner/
main
tenance -
BO
S650
816
650
166
2,2
82
50-9
506-0
0 O
ther
Off
ice E
xpenditure
s-b
os
74
150
224
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e E
xpenditure
s724
816
650
166
150
2,5
06
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 27 of 118
Off
ice E
quip
ment
Renta
ls:
50-9
700-0
0 E
quip
ment
Renta
ls -
BO
S223
257
233
257
223
257
1,4
49
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l O
ffic
e E
quip
ment
Renta
ls223
257
233
257
223
257
1,4
49
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Inte
rnet:
50-9
560-0
0 I
nte
rnet
Exp
- B
OS
1,4
50
1,4
49
1,4
49
1,4
40
1,4
40
1,4
40
982
9,6
52
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l In
tern
et
1,4
50
1,4
49
1,4
49
1,4
40
1,4
40
1,4
40
982
9,6
52
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Tele
phone:
50-9
502-0
0 A
dm
in T
ele
phone -
BO
S988
988
1,0
68
523
527
531
4,6
26
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
T
ota
l T
ele
phone
988
988
1,0
68
523
527
531
4,6
26
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Utilit
ies:
50-9
200-0
0 E
lectr
icity/
Utilit
y -
BO
S141
408
347
233
1,0
28
89
139
2,3
85
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
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T
ota
l U
tilit
ies
141
408
347
233
1,0
28
89
139
2,3
85
----
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BO
S M
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neous E
xp:
50-9
505-0
0 M
iscella
neous e
xpense-B
OS
348
348
----
----
----
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T
ota
l B
OS
Mis
cella
neous E
xp348
348
----
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To
tal
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sto
n O
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ses
8,2
97
9,8
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Tota
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199,0
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207,4
38
150,6
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125,9
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169,8
38
189,9
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55
==
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NT
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(31
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45
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24
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8,6
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65
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,40
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)=
==
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Inte
rest:
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905-0
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ank I
nte
rest
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ed
(7)
(6)
(6)
(4)
(4)
(4)
(4)
(36)
00-9
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0 L
oan I
nte
rest
Paid
1,0
42
1,0
42
1,0
42
1,0
42
1,0
42
1,0
42
6,2
52
----
----
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T
ota
l In
tere
st
(7)
1,0
36
1,0
36
1,0
38
1,0
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38
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38
6,2
16
----
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NIB
T(3
11
,42
7)
(14
7,0
23
)(1
57
,69
5)
(12
5,6
37
)(2
49
,66
9)
(26
6,7
42
)(1
56
,44
7)
(1,4
14
,63
8)
==
==
==
==
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==
Estim
ate
d T
axe
s:
00-9
980-0
0 F
edera
l T
ax
Pro
visio
n(2
2,0
13)
(22,0
13)
00-9
985-0
0 S
tate
Tax
Pro
visio
n(1
,500)
(1,5
00)
----
----
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T
ota
l E
stim
ate
d T
axe
s(2
2,0
13)
(1,5
00)
(23,5
13)
----
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Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 28 of 118
----
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NIA
T(3
11
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57
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49
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(24
4,7
29
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54
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(1,3
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5)
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Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 29 of 118
KN
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Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 30 of 118
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Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 32 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 33 of 118
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 34 of 118
Form 1120 (2018) Page 2
Dividends, Inclusions, and Special Deductions (seeinstructions)
(a) Dividends and (c) Special deductionsSchedule C (b) %
inclusions (a) x (b)
1 Dividends from less-than-20%-owned domestic corporations (other than debt-
50financed stock) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2 Dividends from 20%-or-more-owned domestic corporations (other than debt-
65financed stock) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m msee
instructionsm3
4
5
6
7
8
9
Dividends on certain debt-financed stock of domestic and foreign corporations
Dividends on certain preferred stock of less-than-20%-owned public utilities
Dividends on certain preferred stock of 20%-or-more-owned public utilities
Dividends from less-than-20%-owned foreign corporations and certain FSCs
Dividends from 20%-or-more-owned foreign corporations and certain FSCs
Dividends from wholly owned foreign subsidiaries
Subtotal. Add lines 1 through 8. See instructions for limitations
23.3
26.7
50
65
100
100
100
100
100
100
m m mm m m
m mm m m
m m m m m m m m m m m m m m msee
instructionsm m m m m m m m10 Dividends from domestic corporations received by a small business investment
company operating under the Small Business Investment Act of 1958 m m m m m11
12
Dividends from affiliated group members
Dividends from certain FSCs
m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m
13 Foreign-source portion of dividends received from a specified 10%-owned
foreign corporation (excluding hybrid dividends) (see instructions) m m m m m m m14 Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, 12, or
13 (including any hybrid dividends) m m m m m m m m m m m m m m m m m m m m m msee
instructions
15
16
17
18
19
20
21
22
23
Section 965(a) inclusion m m m m m m m m m m m m m m m m m m m m m m m m m m ma
b
c
Subpart F inclusions derived from the sale by a controlled foreign corporation
(CFC) of the stock of a lower-tier foreign corporation treated as a dividend
(attach Form(s) 5471) (see instructions) m m m m m m m m m m m m m m m m m m m mSubpart F inclusions derived from hybrid dividends of tiered corporations
(attach Form(s) 5471) (see instructions) m m m m m m m m m m m m m m m m m m m mOther inclusions from CFCs under subpart F not included on line 15, 16a, 16b,
or 17 (attach Form(s) 5471) (see instructions) m m m m m m m m m m m m m m m m mGlobal Intangible Low-Taxed Income (GILTI) (attach Form(s) 5471 and Form
8992) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mGross-up for foreign taxes deemed paid
IC-DISC and former DISC dividends not included on line 1, 2, or 3
Other dividends
Deduction for dividends paid on certain preferred stock of public utilities
Section 250 deduction (attach Form 8993)
m m m m m m m m m m m m m m m m m m m mm m m m m m m
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m
m m m m m m m m m m m m m m m m m mTotal dividends and inclusions. Add lines 9 through 20. Enter here and on
page 1, line 4 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m24 Total special deductions. Add lines 9 through 22, column (c). Enter here and on page 1, line 29b m m m m m m m m m m
Form 1120 (2018)
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8C1120 2.000
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Form 1120 (2018) Page 3
Tax Computation and Payment (see instructions)Schedule J Part I-Tax Computation
I1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)). See instructions
22
3
Income tax. See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3Base erosion minimum tax (attach Form 8991) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m44
5
Add lines 2 and 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m5a
5c
a
b
c
Foreign tax credit (attach Form 1118) m m m m m m m m m m m m m m m m m m m5bCredit from Form 8834 (see instructions) m m m m m m m m m m m m m m m m m
General business credit (attach Form 3800) m m m m m m m m m m m m m m m md 5dCredit for prior year minimum tax (attach Form 8827) m m m m m m m m m m me Bond credits from Form 8912 5em m m m m m m m m m m m m m m m m m m m m m m
66 Total credits. Add lines 5a through 5e m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m77 Subtract line 6 from line 4 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m88 Personal holding company tax (attach Schedule PH (Form 1120)) m m m m m m m m m m m m m m m m m m m m
9a
9b
9c
9d
9e
9f
9a
b
c
d
e
f
Recapture of investment credit (attach Form 4255)
Recapture of low-income housing credit (attach Form 8611)
m m m m m m m m m m m mm m m m m m m m
Interest due under the look-back method - completed long-term contracts
(attach Form 8697) m m m m m m m m m m m m m m m m m m m m m m m m m m m mInterest due under the look-back method - income forecast method (attach
Form 8866) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAlternative tax on qualifying shipping activities (attach Form 8902)
Other (see instructions - attach statement)
m m m m mm m m m m m m m m m m m m m m m m
1010 Total. Add lines 9a through 9f m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31
2018 net 965 tax liability paid from Form 965-B, Part II, column (k), line 2. Enter here and on page 1, line 32
11
12
13
14
15
16
17
18
19
21
22
23
m m m m m m m m m m m m m m m m m m mPart II-Section 965 Payments (see instructions)
12
13
14
15
16
17
18
19
20
21
22
23
Part III-Payments, Refundable Credits, and Section 965 Net Tax Liability
2017 overpayment credited to 2018
2018 estimated tax payments
2018 refund applied for on Form 4466
Combine lines 13, 14, and 15
Tax deposited with Form 7004
Withholding (see instructions)
Total payments. Add lines 16, 17, and 18
Refundable credits from:
Form 2439
Form 4136
Form 8827, line 8c
Other (attach statement - see instructions)
Total credits. Add lines 20a through 20d
2018 net 965 tax liability from Form 965-B, Part I, column (d), line 2. See instructions
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
( )m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m ma
b
c
d
20a
20b
20c
20d
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
m m m m m m m m m m mTotal payments, credits, and section 965 net tax liability. Add lines 19, 21, and 22. Enter here and on
page 1, line 33 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 1120 (2018)
JSA
8C1130 2.000
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
22,013.
22,013.NONE
22,013.
22,013.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 36 of 118
Form 1120 (2018) Page 4
Other Information (see instructions)Schedule K
I Yes No1 Check accounting method: a Cash b Accrual c Other (specify)
2 See the instructions and enter the:
Ia Business activity code no.
Ib Business activity
Ic Product or service
3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," enter name and EIN of the parent corporation
4 At the end of the tax year:
a Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt
organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the
corporation's stock entitled to vote? If "Yes," complete Part I of Schedule G (Form 1120) (attach Schedule G) m m m m m m m m m m m m m mb Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all
classes of the corporation's stock entitled to vote? If "Yes," complete Part II of Schedule G (Form 1120) (attach Schedule G) m m m m m m m5 At the end of the tax year, did the corporation:
a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of
any foreign or domestic corporation not included on Form 851, Affiliations Schedule? For rules of constructive ownership, see
instructions. If "Yes," complete (i) through (iv) below.(ii) Employer
Identification Number(if any)
(iv) PercentageOwned in Voting
Stock
(iii) Country ofIncorporation
(i) Name of Corporation
b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in any foreign or domestic partnership
(including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions.
If "Yes," complete (i) through (iv) below.(ii) Employer
Identification Number(if any)
(iv) Maximum Percentage Owned inProfit, Loss, or Capital
(iii) Country ofOrganization
(i) Name of Entity
6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in
excess of the corporation's current and accumulated earnings and profits? See sections 301 and 316 m m m m m m m m m m m m m m m m mIf "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452.
If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary.
7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of all
classes of the corporation's stock entitled to vote or at least 25% of the total value of all classes of the corporation's stock? m m m m m m mFor rules of attribution, see section 318. If "Yes," enter:
I I(a) Percentage owned and (b) Owner's country
(c) The corporation may have to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign
Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached II8 Check this box if the corporation issued publicly offered debt instruments with original issue discount m m m m m m m m m m m m
If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.
I9 Enter the amount of tax-exempt interest received or accrued during the tax year $
I10 Enter the number of shareholders at the end of the tax year (if 100 or fewer)
I11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions) m mIf the corporation is filing a consolidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached
or the election will not be valid.
12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction reported on
page 1, line 29a.) I $m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 1120 (2018)
JSA
8C1135 3.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
X
541800ADVERTISING RELATED SERVISERVICE
X
X
X
X
X
X
X
1
550,338.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 37 of 118
Form 1120 (2018) Page 5
Other Information (continued from page 4)Schedule K Yes No13 Are the corporation's total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year and its total assets at the end of the
tax year less than $250,000? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter the total amount of cash
distributions and the book value of property distributions (other than cash) made during the tax year I $
14 Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement? See instructions
If "Yes," complete and attach Schedule UTP.
Did the corporation make any payments in 2018 that would require it to file Form(s) 1099?
If "Yes," did or will the corporation file required Forms 1099?
m m m m m m m m m m m15 a m m m m m m m m m m m m m m m m m m m m m m
b m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m16 During this tax year, did the corporation have an 80% or more change in ownership, including a change due to redemption of its
own stock? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by value)
of its assets in a taxable, non-taxable, or tax deferred transaction? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair
market value of more than $1 million? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m19 During the corporation's tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S
under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code? m m m m m m m m m m m m m m m m20 Is the corporation operating on a cooperative basis? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m21 During the tax year, did the corporation pay or accrue any interest or royalty for which the deduction is not allowed under section
267A? See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," enter the total amount of the disallowed deductions $
22 Does the corporation have gross receipts of at least $500 million in any of the 3 preceding tax years? (See sections 59A(e)(2)
and (3)) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," complete and attach Form 8991.
23 Did the corporation have an election under section 163(j) for any real property trade or business or any farming business in effect
during the tax year? See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m24 Does the corporation satisfy one of the following conditions and the corporation does not own a pass-through entity with current
year, or prior year carryover, excess business interest expense? See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m ma The corporation's aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years preceding the
current tax year do not exceed $25 million, and the corporation is not a tax shelter, or
b The corporation only has business interest expense from (1) an electing real property trade or business, (2) an electing farming
business, or (3) certain utility businesses under section 163(j)(7).
If "No," complete and attach Form 8990.
25 Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund?
If "Yes," enter amount from Form 8996, line 13
m m m m m m m m m m m m m m m m m m m m m m m m m mI $m m m m m m m m m m
Form 1120 (2018)
JSA
8C1136 2.000
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
X
X
XX
X
X
X
XX
X
X
X
X
X
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 38 of 118
Form 1120 (2018) Page 6
Balance Sheets per Books Beginning of tax year End of tax yearSchedule L (a) (b) (c) (d)Assets
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Cash
Trade notes and accounts receivable
Less allowance for bad debts
Inventories
U.S. government obligations
Tax-exempt securities (see instructions)
Other current assets (attach statement)
Loans to shareholders
Mortgage and real estate loans
Other investments (attach statement)
Buildings and other depreciable assets
Less accumulated depreciation
Depletable assets
Less accumulated depletion
Land (net of any amortization)
Intangible assets (amortizable only)
Less accumulated amortization
Other assets (attach statement)
Total assets
m m m m m m m m m m m m m m m ma
b
a
b
a
b
a
b
m m( () )m m m mm m m m m m m m m m m m m
m m m mm
m mm m m m m m mm m m
m m( ) ( )m m m
m m m m m m m m m( ) ( )m m m m m
m m m mm
( ) ( )m m mm m mm m m m m m m m m m m m
Liabilities and Shareholders' Equity
16 Accounts payable m m m m m m m m m17 Mortgages, notes, bonds payable in less
than 1 year m m m m m m m m m m m m m18 Other current liabilities (attach statement)
19 Loans from shareholders m m m m m m20 Mortgages, notes, bonds payable in 1 year
or more m m m m m m m m m m m m m m m21 Other liabilities (attach statement) m m22 Capital stock: a Preferred stock m m
b Common stock m m23 Additional paid-in capital m m m m m m24 Retained earnings - Appropriated (attach statement)
25 Retained earnings - Unappropriated m26 Adjustments to shareholders' equity
(attach statement) m m m m m m m m m m( ) ( )27 Less cost of treasury stock m m m m m
28 Total liabilities and shareholders' equity mReconciliation of Income (Loss) per Books With Income per ReturnNote: The corporation may be required to file Schedule M-3. See instructions.
Schedule M-1
7 Income recorded on books this year1
2
3
4
Net income (loss) per books m m m m m m mnot included on this return (itemize):
Federal income tax per books m m m m m m Tax-exempt interest $
Excess of capital losses over capital gains
Income subject to tax not recorded on books
this year (itemize): 8
9
10
5
6
7
8
Deductions on this return not charged
against book income this year (itemize):Expenses recorded on books this year not5 a
b
Depreciation $m m m m m m mdeducted on this return (itemize):
a
b
c
Depreciation $ Charitable contributions $m m m m m m m mCharitable contributions $mTravel and entertainment $m
Add lines 7 and 8 m m m m m m m m m m6 Add lines 1 through 5 m m m m m m m m m Income (page 1, line 28) - line 6 less line 9
Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L)Schedule M-2 1
2
3
4
Balance at beginning of year Distributions: a Cashm m m m m m m m m m m m m mNet income (loss) per books b Stockm m m m m m m m m m m m m m mOther increases (itemize): c Property m m m m m m m
Other decreases (itemize):
Add lines 5 and 6 m m m m m m m m m mAdd lines 1, 2, and 3 Balance at end of year (line 4 less line 7)m m m m m m m m m m
Form 1120 (2018)
JSA
8C1140 2.000
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
306,176.488,126.301,562. 186,564.
149,643.
590,636.414,768. 175,868.
371,692.571,911.13,844. 558,067.
58,332.
590,483.511,661. 78,822.
818,251.
35,553.
866,809.
1,066,913.
-21,580.
600,326.
358,625.
200. 200.
-1,194,058.1,109,747.
818,251.
200. 200.
-980,405.1,109,747.
1,066,913.
-1,194,058.213,654.
-980,404.
1.1.
-980,405.
STMT 19
STMT 21
STMT 23
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 39 of 118
Information on Certain Persons Owning theCorporation's Voting Stock
SCHEDULE G(Form 1120)
OMB No. 1545-0123(Rev. December 2011) I Attach to Form 1120.
See instructions on page 2.Department of the TreasuryInternal Revenue Service IName Employer identification number (EIN)
Certain Entities Owning the Corporation's Voting Stock. (Form 1120, Schedule K, Question 4a). Completecolumns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treatedas a partnership), trust, or tax-exempt organization that owns directly 20% or more, or owns, directly orindirectly, 50% or more of the total voting power of all classes of the corporation's stock entitled to vote (seeinstructions).
Part I
(ii) Employer IdentificationNumber (if any)
(iv) Country ofOrganization
(v) Percentage Ownedin Voting Stock
(i) Name of Entity (iii) Type of Entity
Certain Individuals and Estates Owning the Corporation's Voting Stock. (Form 1120, Schedule K,Question 4b). Complete columns (i) through (iv) below for any individual or estate that owns directly 20% ormore, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation'sstock entitled to vote (see instructions).
Part II
(iii) Country ofCitizenship (see
instructions)
(ii) Identifying Number(if any)
(iv) Percentage Ownedin Voting Stock(i) Name of Individual or Estate
For Paperwork Reduction Act Notice, see the Instructions for Form 1120.
Schedule G (Form 1120) (Rev. 12-2011)8C2720 1.000 JSA
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARYF/K/A S&R MEDIA CORPORATION AND SUBSIDIARY 45-2805739
CHRISTOPHER SCHOFIELD US323-86-6391 100.000
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 40 of 118
SCHEDULE B(Form 1120)
Additional Information for Schedule M-3 FilersOMB No. 1545-0123
(Rev. December 2018) I Attach to Form 1120.Department of the Treasury
Internal Revenue Service I Go to www.irs.gov/Form1120 for the latest information.
Name Employer identification number (EIN)
Yes No1 Does any amount reported on Schedule M-3 (Form 1120), Part II, line 9 or 10, column (d), reflect allocations to this
corporation from a partnership of income, gain, loss, deduction, or credit that are disproportionate to this
corporation's capital contribution to the partnership or its ratio for sharing other items of the partnership? m m m m m m m m2 At any time during the tax year, did the corporation sell, exchange, or transfer any interest in an intangible asset to
a related person as defined in section 267(b)?m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3 At any time during the tax year, did the corporation acquire any interest in an intangible asset from a related
person as defined in section 267(b)? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4a During the tax year, did the corporation enter into a cost-sharing arrangement with any related foreign party
on whose behalf the corporation did not file Form 5471, Information Return of U.S. Persons With Respect
To Certain Foreign Corporations? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mb At any time during the tax year, was the corporation a participant in a cost-sharing arrangement with any related
foreign party on whose behalf the corporation did not file Form 5471? m m m m m m m m m m m m m m m m m m m m m m m m m m mAt any time during the tax year, did the corporation make any change in accounting principle for financial
accounting purposes? See instructions for the definition of "change in accounting principle"
5
m m m m m m m m m m m m m m m6 At any time during the tax year, did the corporation make any change in a method of accounting for U.S. income
tax purposes? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAt any time during the tax year, did the corporation own any voluntary employees' beneficiary association (VEBA)
trusts that were used to hold funds designated for employee benefits?
7
m m m m m m m m m m m m m m m m m m m m m m m m m m m8 At any time during the tax year, did the corporation use an allocation method for indirect costs capitalized to
self-constructed assets that varied from its financial method of accounting? m m m m m m m m m m m m m m m m m m m m m m m m m9 At any time during the tax year, did the corporation treat for tax purposes indirect costs, as defined in Regulations
sections 1.263A-1(e)(3)(ii)(F), (G), and (H), as mixed-service costs, as defined in Regulations section 1.263A-1(e)(4)
(ii)(C)? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m10 Did the corporation, under section 118 or 362(c) and the related regulations, take a return filing position
characterizing any amount as a contribution to the capital of the corporation during the tax year by any
nonshareholders? Amounts so characterized may include, without limitation, incentives, inducements, money,
and property m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mFor Paperwork Reduction Act Notice, see the Instructions for Form 1120. Schedule B (Form 1120) (Rev. 12-2018)
JSA
8C1210 3.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
X
X
X
X
X
X
X
X
X
X
X
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 41 of 118
Affiliations Schedule851Form For tax year ending OMB No. 1545-0123
(Rev. October 2016) IFile with each consolidated income tax return.Department of the TreasuryInternal Revenue Service I Information about Form 851 and its instructions is at www.irs.gov/form851.
Name of common parent corporation Employer identification number
Number, street, and room or suite no. If a P.O. box, see instructions.
City or town, state, and ZIP code
Overpayment Credits, Estimated Tax Payments, and Tax Deposits (see instructions)Portion of
overpayment creditsand estimatedtax payments
Corp.No.
Part I Employer
identificationnumber
Portion of taxdeposited with
Form 7004Name and address of corporation
Common parent corporation
Subsidiary corporations:
ITotals (Must equal amounts shown on the consolidated tax return.) m m m m m m m m mPrincipal Business Activity, Voting Stock Information, Etc. (see instructions)Part II
Corp.No.
Did thesubsidiarymake any
nondividenddistributions?
Stock holdings at beginning of yearPBACodePrincipal business activity (PBA)
Number Percentage Owned byNo. Percentageof of voting corporation
of valueYes No shares power no.
Common parent corporation
Subsidiary corporations:
%
%
%
%
%
%
%
%
%
%
%
%JSA8C2010 1.000
For Paperwork Reduction Act Notice, see instructions.Form 851 (Rev. 10-2016)
07/31/2019
KNIGHTHOUSE MEDIA INC.45-2805739F/K/A S&R MEDIA CORPORATION
150 N. MICHIGAN AVE. SUITE 900
CHICAGO, IL 60601
2799HT L073 05/12/2020 15:38:31 V18-7.19 45-2805739
22,013.
1 22,013.
2 IDEAL MEDIA GROUP INC150 N. MICHIGAN AVE. SUITE 900
46-3668071 CHICAGO, IL 60601
1 541800ADVERTISING RELATED SERVI
2 ADVERTISING RELATED SERVI 541800 X
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 42 of 118
Form 851 (Rev. 10-2016) Page 2
Changes in Stock Holdings During the Tax YearPart III
Corp.No.
Name of corporation
Share-holder ofCorpora-tion No.
Dateof
transaction
(a) Changes(b) Shares held afterchanges described in
column (a)
Number ofshares
disposed of
Number ofshares
acquired
Percentage ofvoting power
Percentage ofvalue
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
(c) If any transaction listed above caused a transfer of a share of subsidiary stock (defined to include
dispositions and deconsolidations), did the share's basis exceed its value at the time of the transfer? See
instructions Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(d) Did any share of subsidiary stock become worthless within the meaning of section 165 (taking into account
the provisions of Regulations section 1.1502-80(c)) during the taxable year? See instructions Yes Nom m m m m m(e) If the equitable owners of any capital stock shown above were other than the holders of record, provide details of the changes.
(f) If additional stock was issued, or if any stock was retired during the year, list the dates and amounts of these transactions.
Form 851 (Rev. 10-2016)
JSA8C2020 1.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
X
X
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 43 of 118
Form 851 (Rev. 10-2016) Page 3
Additional Stock Information (see instructions)Part IV Yes No1 During the tax year, did the corporation have more than one class of stock outstanding?
If "Yes," enter the name of the corporation and list and describe each class of stock.
m m m m m m m m m m m m m
Corp.No.
Name of corporation Class of stock
2 During the tax year, was there any member of the consolidated group that reaffiliated within 60 months of
disaffiliation? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," enter the name of the corporation(s) and explain the circumstances.
Corp.No.
ExplanationName of corporation
3 During the tax year, was there any arrangement in existence by which one or more persons that were notmembers of the affiliated group could acquire any stock, or acquire any voting power without acquiringstock, in the corporation, other than a de minimis amount, from the corporation or another member of theaffiliated group? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," enter the name of the corporation and see the instructions for the percentages to enter in columns(a), (b), and (c).
(b)Percentage of
outstanding voting
stock
(c)Percentage ofvoting power
Corp.No.
(a)Name of corporation
Percentage of value
%
%
%
%
%
%
%
%
%
%
%
%
Corp.No.
(d) Provide a description of any arrangement.
Form 851 (Rev. 10-2016)
JSA
8C2030 1.000
X
X
X
2799HT L073 05/12/2020 15:38:31 V18-7.19 45-2805739
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 44 of 118
SCHEDULE M-3(Form 1120)
OMB No. 1545-0123Net Income (Loss) Reconciliation for CorporationsWith Total Assets of $10 Million or More
IDepartment of the Treasury Attach to Form 1120 or 1120-C.Internal Revenue Service
À¾µ¼I Go to www.irs.gov/Form1120 for instructions and the latest information.
Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1)
(3)
Non-consolidated return
Mixed 1120/L/PC group
(2)
(4)
Consolidated return (Form 1120 only)
Dormant subsidiaries schedule attached
Financial Information and Net Income (Loss) Reconciliation (see instructions)Part I
1
2
3
4
5
6
7
8
9
10
11
a
b
c
a
b
c
a
b
c
a
b
a
b
a
b
a
b
c
a
b
c
Did the corporation file SEC Form 10-K for its income statement period ending with or within this tax year?
Yes.
No.
Skip lines 1b and 1c and complete lines 2a through 11 with respect to that SEC Form 10-K.
Go to line 1b. See instructions if multiple non-tax-basis income statements are prepared.
Did the corporation prepare a certified audited non-tax-basis income statement for that period?
Yes.
No.
Skip line 1c and complete lines 2a through 11 with respect to that income statement.
Go to line 1c.
Did the corporation prepare a non-tax-basis income statement for that period?
Yes.
No.
Complete lines 2a through 11 with respect to that income statement.
Skip lines 2a through 3c and enter the corporation's net income (loss) per its books and records on line 4a.
Enter the income statement period: Beginning Ending
Has the corporation's income statement been restated for the income statement period on line 2a?
Yes.
No.
(If "Yes," attach an explanation and the amount of each item restated.)
Has the corporation's income statement been restated for any of the five income statement periods immediately preceding the period on line 2a?
Yes.
No.
(If "Yes," attach an explanation and the amount of each item restated.)
Is any of the corporation's voting common stock publicly traded?
Yes.
No. If "No," go to line 4a.
Enter the symbol of the corporation's primary U.S. publicly traded voting common
stock
Enter the nine-digit CUSIP number of the corporation's primary publicly traded voting
common stock
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
Worldwide consolidated net income (loss) from income statement source identified in Part I, line 1
Indicate accounting standard used for line 4a (see instructions):
4a
5a
5b
6a
6b
7a
7b
7c
8
9
10a
10b
10c
11
m m m m m(1) GAAP (2) IFRS (3) Statutory (4) Tax-basis (5) Other (specify)
Net income from nonincludible foreign entities (attach statement) (
(
)
)
m m m m m m m m m m m m m m m m m m m m mNet loss from nonincludible foreign entities (attach statement and enter as a positive amount)
Net income from nonincludible U.S. entities (attach statement)
Net loss from nonincludible U.S. entities (attach statement and enter as a positive amount)
Net income (loss) of other includible foreign disregarded entities (attach statement)
Net income (loss) of other includible U.S. disregarded entities (attach statement)
Net income (loss) of other includible entities (attach statement)
statement)
Adjustment to reconcile income statement period to tax year (attach statement)
Intercompany dividend adjustments to reconcile to line 11 (attach statement)
Other statutory accounting adjustments to reconcile to line 11 (attach statement)
Other adjustments to reconcile to amount on line 11 (attach statement)
m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m
m m m m m m m m mm m m m m m m m m m m m m
m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m
Adjustment to eliminations of transactions between includible entities and nonincludible entities (attach
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m
m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m
m m m m m m m m m m m m m m m m m mNet income (loss) per income statement of includible corporations. Combine lines 4 through 10 m m m m mNote: Part I, line 11, must equal Part II, line 30, column (a), or Schedule M-1, line 1 (see instructions).
12 Enter the total amount (not just the corporation's share) of the assets and liabilities of all entities included or removed on the
following lines.
Total Assets Total Liabilities
IIII
a
b
c
d
Included on Part I, line 4
Removed on Part I, line 5
Removed on Part I, line 6
Included on Part I, line 7
m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m m
For Paperwork Reduction Act Notice, see the Instructions for Form 1120. Schedule M-3 (Form 1120) 2018
JSA
8C2730 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
213,654.
X
213,654.
1,066,913. 937,371.
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
X
X
X
X
08/01/2018 07/31/2019
X
X
X
X
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 45 of 118
Schedule M-3 (Form 1120) 2018 Page 2Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return (see instructions)
Part II
(a)
Income (Loss) per
Income Statement
(d)
Income (Loss)
per Tax Return
(c)
Permanent
Difference
(b)
Temporary
Difference
Income (Loss) Items(Attach statements for lines 1 through 12)
1 Income (loss) from equity method foreigncorporations m m m m m m m m m m m m
2 Gross foreign dividends not previously taxed
3 Subpart F, QEF, and similar income inclusions
4 Gross-up for foreign taxes deemed paid m m5 Gross foreign distributions previously taxed m6 Income (loss) from equity method U.S.
corporations m m m m m m m m m m m m7 U.S. dividends not eliminated in tax
consolidation m m m m m m m m m m m m8 Minority interest for includible corporations m9 Income (loss) from U.S. partnerships m m m
10 Income (loss) from foreign partnerships m m11 Income (loss) from other pass-through entities
m m12 Items relating to reportable transactions
13
14
15
16
Interest income (see instructions)
Total accrual to cash adjustment
Hedging transactions
Mark-to-market income (loss)
m m m m mm m m m m
m m m m m m m m mm m m m m m
( ) ( )17
18
19
20
Cost of goods sold (see instructions)
Sale versus lease (for sellers and/or lessors)
m m mSection 481(a) adjustments m m m m m mUnearned/deferred revenue m m m m m m
21 Income recognition from long-term contracts
22 Original issue discount and other imputed interest m23 a Income statement gain/loss on sale,
exchange, abandonment, worthlessness, or
other disposition of assets other than
inventory and pass-through entities m m m mb Gross capital gains from Schedule D,
excluding amounts from pass-through entities
c Gross capital losses from Schedule D,
excluding amounts from pass-through entities,
abandonment losses, and worthless stock
losses m m m m m m m m m m m m m md Net gain/loss reported on Form 4797, line
17, excluding amounts from pass-through
entities, abandonment losses, and worthless
stock losses m m m m m m m m m m m me Abandonment losses m m m m m m m m mf Worthless stock losses (attach statement) m mg Other gain/loss on disposition of assets other
than inventory m m m m m m m m m m m24 Capital loss limitation and carryforward used25 Other income (loss) items with differences
(attach statement) m m m m m m m m m m26 Total income (loss) items. Combine lines 1
through 25 m m m m m m m m m m m m27 Total expense/deduction items (from Part
III, line 39) m m m m m m m m m m m m m28 Other items with no differences m m m m m
Mixed groups, see instructions. All others,combine lines 26 through 28
29a m m m m m mb PC insurance subgroup reconciliation totals
c Life insurance subgroup reconciliation totals
30 Reconciliation totals. Combine lines 29a through 29c m m m m m m m m m m m mNote: Line 30, column (a), must equal Part I, line 11, and column (d) must equal Form 1120, page 1, line 28.
Schedule M-3 (Form 1120) 2018
JSA
8C2731 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
X
110. 110.
4,663,080. 4,143. 4,658,937.
5,247,410. 5,247,410.-370,786. -164,423. 10,110. -525,099.
-4,662,970. 4,143. -4,658,827.
213,654. -160,280. 10,110. 63,484.
213,654. -160,280. 10,110. 63,484.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 46 of 118
Schedule M-3 (Form 1120) 2018 Page 3Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return - Expense/Deduction Items (see instructions)
Part III
Expense/Deduction Items (a)
Expense per
Income Statement
(b)
Temporary
Difference
(c)
Permanent
Difference
(d)
Deduction per
Tax Return
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
U.S. current income tax expense
U.S. deferred income tax expense
State and local current income tax expense
State and local deferred income tax expense
Foreign current income tax expense (other
than foreign withholding taxes)
Foreign deferred income tax expense
Foreign withholding taxes
Interest expense (see instructions)
Stock option expense
Other equity-based compensation
Meals and entertainment
Fines and penalties
Judgments, damages, awards, and similar costs
Parachute payments
Compensation with section 162(m) limitation
Pension and profit-sharing
Other post-retirement benefits
Deferred compensation
Charitable contribution of cash and tangible
property
Charitable contribution of intangible property
Charitable contribution limitation/carryforward
m m m m mm m m m
m
m m m m mm m mm m m m m m m
m m m mm m m m m m m m m
m m m mm m m m m m m
m m m m m m m m mm
m m m m m m m m mm m m m m m m
m m m m mm m m m m m m m
m m m m m m m m m m m m mm m
22 Domestic production activities deduction(see instructions) m m m m m m m m m m m
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Current year acquisition or reorganization
investment banking fees
Current year acquisition or reorganization
legal and accounting fees
Current year acquisition/reorganization other costs
Amortization/impairment of goodwill
Amortization of acquisition, reorganization,
and start-up costs
Other amortization or impairment write-offs
Reserved
Depletion
Depreciation
Bad debt expense
Corporate owned life insurance premiums
Purchase versus lease (for purchasers and/or
lessees)
Research and development costs
Section 118 exclusion (attach statement)
m m m m m m m mm m m m m m m
mm m m
m m m m m m m m m mm
m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m
m m m m m m m m m mmm m m m m m m m m m m m m mm m m m
m mSection 162(r) - FDIC premiums paid by certain
large financial institutions (see instructions) mOther expense/deduction items with
differences (attach statement) m m m m m m39 Total expense/deduction items. Combine
lines 1 through 38. Enter here and on Part II, line27, reporting positive amounts as negative andnegative amounts as positive m m m m m m m
JSA Schedule M-3 (Form 1120) 20188C2732 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
X
1,492. -236. 1,256.
24,598. 24,598.
15,527. -8,935. 6,592.
14,476. 14,476.
104,932. -72,835. 32,097.-221,303. 287,718. 66,415.
445,540. -64,700. -1,175. 379,665.
370,786. 164,423. -10,110. 525,099.
STMT 31
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 47 of 118
Schedule M-3 (Form 1120) 2018 Page 2Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return (see instructions)
Part II
(a)
Income (Loss) per
Income Statement
(d)
Income (Loss)
per Tax Return
(c)
Permanent
Difference
(b)
Temporary
Difference
Income (Loss) Items(Attach statements for lines 1 through 12)
1 Income (loss) from equity method foreigncorporations m m m m m m m m m m m m
2 Gross foreign dividends not previously taxed
3 Subpart F, QEF, and similar income inclusions
4 Gross-up for foreign taxes deemed paid m m5 Gross foreign distributions previously taxed m6 Income (loss) from equity method U.S.
corporations m m m m m m m m m m m m7 U.S. dividends not eliminated in tax
consolidation m m m m m m m m m m m m8 Minority interest for includible corporations m9 Income (loss) from U.S. partnerships m m m
10 Income (loss) from foreign partnerships m m11 Income (loss) from other pass-through entities
m m12 Items relating to reportable transactions
13
14
15
16
Interest income (see instructions)
Total accrual to cash adjustment
Hedging transactions
Mark-to-market income (loss)
m m m m mm m m m m
m m m m m m m m mm m m m m m
( ) ( )17
18
19
20
Cost of goods sold (see instructions)
Sale versus lease (for sellers and/or lessors)
m m mSection 481(a) adjustments m m m m m mUnearned/deferred revenue m m m m m m
21 Income recognition from long-term contracts
22 Original issue discount and other imputed interest m23 a Income statement gain/loss on sale,
exchange, abandonment, worthlessness, or
other disposition of assets other than
inventory and pass-through entities m m m mb Gross capital gains from Schedule D,
excluding amounts from pass-through entities
c Gross capital losses from Schedule D,
excluding amounts from pass-through entities,
abandonment losses, and worthless stock
losses m m m m m m m m m m m m m md Net gain/loss reported on Form 4797, line
17, excluding amounts from pass-through
entities, abandonment losses, and worthless
stock losses m m m m m m m m m m m me Abandonment losses m m m m m m m m mf Worthless stock losses (attach statement) m mg Other gain/loss on disposition of assets other
than inventory m m m m m m m m m m m24 Capital loss limitation and carryforward used25 Other income (loss) items with differences
(attach statement) m m m m m m m m m m26 Total income (loss) items. Combine lines 1
through 25 m m m m m m m m m m m m27 Total expense/deduction items (from Part
III, line 39) m m m m m m m m m m m m m28 Other items with no differences m m m m m
Mixed groups, see instructions. All others,combine lines 26 through 28
29a m m m m m mb PC insurance subgroup reconciliation totals
c Life insurance subgroup reconciliation totals
30 Reconciliation totals. Combine lines 29a through 29c m m m m m m m m m m m mNote: Line 30, column (a), must equal Part I, line 11, and column (d) must equal Form 1120, page 1, line 28.
Schedule M-3 (Form 1120) 2018
JSA
8C2731 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
X
110. 110.
4,663,080. 4,143. 4,658,937.
5,247,432. 5,247,432.-370,786. -164,231. 10,110. -524,907.
-4,662,970. 4,143. -4,658,827.
213,676. -160,088. 10,110. 63,698.
213,676. -160,088. 10,110. 63,698.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 48 of 118
Schedule M-3 (Form 1120) 2018 Page 3Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return - Expense/Deduction Items (see instructions)
Part III
Expense/Deduction Items (a)
Expense per
Income Statement
(b)
Temporary
Difference
(c)
Permanent
Difference
(d)
Deduction per
Tax Return
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
U.S. current income tax expense
U.S. deferred income tax expense
State and local current income tax expense
State and local deferred income tax expense
Foreign current income tax expense (other
than foreign withholding taxes)
Foreign deferred income tax expense
Foreign withholding taxes
Interest expense (see instructions)
Stock option expense
Other equity-based compensation
Meals and entertainment
Fines and penalties
Judgments, damages, awards, and similar costs
Parachute payments
Compensation with section 162(m) limitation
Pension and profit-sharing
Other post-retirement benefits
Deferred compensation
Charitable contribution of cash and tangible
property
Charitable contribution of intangible property
Charitable contribution limitation/carryforward
m m m m mm m m m
m
m m m m mm m mm m m m m m m
m m m mm m m m m m m m m
m m m mm m m m m m m
m m m m m m m m mm
m m m m m m m m mm m m m m m m
m m m m mm m m m m m m m
m m m m m m m m m m m m mm m
22 Domestic production activities deduction(see instructions) m m m m m m m m m m m
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Current year acquisition or reorganization
investment banking fees
Current year acquisition or reorganization
legal and accounting fees
Current year acquisition/reorganization other costs
Amortization/impairment of goodwill
Amortization of acquisition, reorganization,
and start-up costs
Other amortization or impairment write-offs
Reserved
Depletion
Depreciation
Bad debt expense
Corporate owned life insurance premiums
Purchase versus lease (for purchasers and/or
lessees)
Research and development costs
Section 118 exclusion (attach statement)
m m m m m m m mm m m m m m m
mm m m
m m m m m m m m m mm
m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m
m m m m m m m m m mmm m m m m m m m m m m m m mm m m m
m mSection 162(r) - FDIC premiums paid by certain
large financial institutions (see instructions) mOther expense/deduction items with
differences (attach statement) m m m m m m39 Total expense/deduction items. Combine
lines 1 through 38. Enter here and on Part II, line27, reporting positive amounts as negative andnegative amounts as positive m m m m m m m
JSA Schedule M-3 (Form 1120) 20188C2732 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
X
1,492. -236. 1,256.
24,598. 24,598.
15,527. -8,935. 6,592.
14,284. 14,284.
104,932. -72,835. 32,097.-221,303. 287,718. 66,415.
445,540. -64,700. -1,175. 379,665.
370,786. 164,231. -10,110. 524,907.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 49 of 118
Schedule M-3 (Form 1120) 2018 Page 2Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return (see instructions)
Part II
(a)
Income (Loss) per
Income Statement
(d)
Income (Loss)
per Tax Return
(c)
Permanent
Difference
(b)
Temporary
Difference
Income (Loss) Items(Attach statements for lines 1 through 12)
1 Income (loss) from equity method foreigncorporations m m m m m m m m m m m m
2 Gross foreign dividends not previously taxed
3 Subpart F, QEF, and similar income inclusions
4 Gross-up for foreign taxes deemed paid m m5 Gross foreign distributions previously taxed m6 Income (loss) from equity method U.S.
corporations m m m m m m m m m m m m7 U.S. dividends not eliminated in tax
consolidation m m m m m m m m m m m m8 Minority interest for includible corporations m9 Income (loss) from U.S. partnerships m m m
10 Income (loss) from foreign partnerships m m11 Income (loss) from other pass-through entities
m m12 Items relating to reportable transactions
13
14
15
16
Interest income (see instructions)
Total accrual to cash adjustment
Hedging transactions
Mark-to-market income (loss)
m m m m mm m m m m
m m m m m m m m mm m m m m m
( ) ( )17
18
19
20
Cost of goods sold (see instructions)
Sale versus lease (for sellers and/or lessors)
m m mSection 481(a) adjustments m m m m m mUnearned/deferred revenue m m m m m m
21 Income recognition from long-term contracts
22 Original issue discount and other imputed interest m23 a Income statement gain/loss on sale,
exchange, abandonment, worthlessness, or
other disposition of assets other than
inventory and pass-through entities m m m mb Gross capital gains from Schedule D,
excluding amounts from pass-through entities
c Gross capital losses from Schedule D,
excluding amounts from pass-through entities,
abandonment losses, and worthless stock
losses m m m m m m m m m m m m m md Net gain/loss reported on Form 4797, line
17, excluding amounts from pass-through
entities, abandonment losses, and worthless
stock losses m m m m m m m m m m m me Abandonment losses m m m m m m m m mf Worthless stock losses (attach statement) m mg Other gain/loss on disposition of assets other
than inventory m m m m m m m m m m m24 Capital loss limitation and carryforward used25 Other income (loss) items with differences
(attach statement) m m m m m m m m m m26 Total income (loss) items. Combine lines 1
through 25 m m m m m m m m m m m m27 Total expense/deduction items (from Part
III, line 39) m m m m m m m m m m m m m28 Other items with no differences m m m m m
Mixed groups, see instructions. All others,combine lines 26 through 28
29a m m m m m mb PC insurance subgroup reconciliation totals
c Life insurance subgroup reconciliation totals
30 Reconciliation totals. Combine lines 29a through 29c m m m m m m m m m m m mNote: Line 30, column (a), must equal Part I, line 11, and column (d) must equal Form 1120, page 1, line 28.
Schedule M-3 (Form 1120) 2018
JSA
8C2731 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
IDEAL MEDIA GROUP INC 46-3668071
X
-22. -22.-192. -192.
-22. -192. -214.
-22. -192. -214.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 50 of 118
Schedule M-3 (Form 1120) 2018 Page 3Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return - Expense/Deduction Items (see instructions)
Part III
Expense/Deduction Items (a)
Expense per
Income Statement
(b)
Temporary
Difference
(c)
Permanent
Difference
(d)
Deduction per
Tax Return
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
U.S. current income tax expense
U.S. deferred income tax expense
State and local current income tax expense
State and local deferred income tax expense
Foreign current income tax expense (other
than foreign withholding taxes)
Foreign deferred income tax expense
Foreign withholding taxes
Interest expense (see instructions)
Stock option expense
Other equity-based compensation
Meals and entertainment
Fines and penalties
Judgments, damages, awards, and similar costs
Parachute payments
Compensation with section 162(m) limitation
Pension and profit-sharing
Other post-retirement benefits
Deferred compensation
Charitable contribution of cash and tangible
property
Charitable contribution of intangible property
Charitable contribution limitation/carryforward
m m m m mm m m m
m
m m m m mm m mm m m m m m m
m m m mm m m m m m m m m
m m m mm m m m m m m
m m m m m m m m mm
m m m m m m m m mm m m m m m m
m m m m mm m m m m m m m
m m m m m m m m m m m m mm m
22 Domestic production activities deduction(see instructions) m m m m m m m m m m m
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Current year acquisition or reorganization
investment banking fees
Current year acquisition or reorganization
legal and accounting fees
Current year acquisition/reorganization other costs
Amortization/impairment of goodwill
Amortization of acquisition, reorganization,
and start-up costs
Other amortization or impairment write-offs
Reserved
Depletion
Depreciation
Bad debt expense
Corporate owned life insurance premiums
Purchase versus lease (for purchasers and/or
lessees)
Research and development costs
Section 118 exclusion (attach statement)
m m m m m m m mm m m m m m m
mm m m
m m m m m m m m m mm
m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m
m m m m m m m m m mmm m m m m m m m m m m m m mm m m m
m mSection 162(r) - FDIC premiums paid by certain
large financial institutions (see instructions) mOther expense/deduction items with
differences (attach statement) m m m m m m39 Total expense/deduction items. Combine
lines 1 through 38. Enter here and on Part II, line27, reporting positive amounts as negative andnegative amounts as positive m m m m m m m
JSA Schedule M-3 (Form 1120) 20188C2732 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
IDEAL MEDIA GROUP INC 46-3668071
X
192. 192.
192. 192.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 51 of 118
Schedule M-3 (Form 1120) 2018 Page 2Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return (see instructions)
Part II
(a)
Income (Loss) per
Income Statement
(d)
Income (Loss)
per Tax Return
(c)
Permanent
Difference
(b)
Temporary
Difference
Income (Loss) Items(Attach statements for lines 1 through 12)
1 Income (loss) from equity method foreigncorporations m m m m m m m m m m m m
2 Gross foreign dividends not previously taxed
3 Subpart F, QEF, and similar income inclusions
4 Gross-up for foreign taxes deemed paid m m5 Gross foreign distributions previously taxed m6 Income (loss) from equity method U.S.
corporations m m m m m m m m m m m m7 U.S. dividends not eliminated in tax
consolidation m m m m m m m m m m m m8 Minority interest for includible corporations m9 Income (loss) from U.S. partnerships m m m
10 Income (loss) from foreign partnerships m m11 Income (loss) from other pass-through entities
m m12 Items relating to reportable transactions
13
14
15
16
Interest income (see instructions)
Total accrual to cash adjustment
Hedging transactions
Mark-to-market income (loss)
m m m m mm m m m m
m m m m m m m m mm m m m m m
( ) ( )17
18
19
20
Cost of goods sold (see instructions)
Sale versus lease (for sellers and/or lessors)
m m mSection 481(a) adjustments m m m m m mUnearned/deferred revenue m m m m m m
21 Income recognition from long-term contracts
22 Original issue discount and other imputed interest m23 a Income statement gain/loss on sale,
exchange, abandonment, worthlessness, or
other disposition of assets other than
inventory and pass-through entities m m m mb Gross capital gains from Schedule D,
excluding amounts from pass-through entities
c Gross capital losses from Schedule D,
excluding amounts from pass-through entities,
abandonment losses, and worthless stock
losses m m m m m m m m m m m m m md Net gain/loss reported on Form 4797, line
17, excluding amounts from pass-through
entities, abandonment losses, and worthless
stock losses m m m m m m m m m m m me Abandonment losses m m m m m m m m mf Worthless stock losses (attach statement) m mg Other gain/loss on disposition of assets other
than inventory m m m m m m m m m m m24 Capital loss limitation and carryforward used25 Other income (loss) items with differences
(attach statement) m m m m m m m m m m26 Total income (loss) items. Combine lines 1
through 25 m m m m m m m m m m m m27 Total expense/deduction items (from Part
III, line 39) m m m m m m m m m m m m m28 Other items with no differences m m m m m
Mixed groups, see instructions. All others,combine lines 26 through 28
29a m m m m m mb PC insurance subgroup reconciliation totals
c Life insurance subgroup reconciliation totals
30 Reconciliation totals. Combine lines 29a through 29c m m m m m m m m m m m mNote: Line 30, column (a), must equal Part I, line 11, and column (d) must equal Form 1120, page 1, line 28.
Schedule M-3 (Form 1120) 2018
JSA
8C2731 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
ADJUSTMENTS
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 52 of 118
Schedule M-3 (Form 1120) 2018 Page 3Name of corporation (common parent, if consolidated return) Employer identification number
Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group
Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations
Name of subsidiary (if consolidated return) Employer identification number
Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return - Expense/Deduction Items (see instructions)
Part III
Expense/Deduction Items (a)
Expense per
Income Statement
(b)
Temporary
Difference
(c)
Permanent
Difference
(d)
Deduction per
Tax Return
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
U.S. current income tax expense
U.S. deferred income tax expense
State and local current income tax expense
State and local deferred income tax expense
Foreign current income tax expense (other
than foreign withholding taxes)
Foreign deferred income tax expense
Foreign withholding taxes
Interest expense (see instructions)
Stock option expense
Other equity-based compensation
Meals and entertainment
Fines and penalties
Judgments, damages, awards, and similar costs
Parachute payments
Compensation with section 162(m) limitation
Pension and profit-sharing
Other post-retirement benefits
Deferred compensation
Charitable contribution of cash and tangible
property
Charitable contribution of intangible property
Charitable contribution limitation/carryforward
m m m m mm m m m
m
m m m m mm m mm m m m m m m
m m m mm m m m m m m m m
m m m mm m m m m m m
m m m m m m m m mm
m m m m m m m m mm m m m m m m
m m m m mm m m m m m m m
m m m m m m m m m m m m mm m
22 Domestic production activities deduction(see instructions) m m m m m m m m m m m
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Current year acquisition or reorganization
investment banking fees
Current year acquisition or reorganization
legal and accounting fees
Current year acquisition/reorganization other costs
Amortization/impairment of goodwill
Amortization of acquisition, reorganization,
and start-up costs
Other amortization or impairment write-offs
Reserved
Depletion
Depreciation
Bad debt expense
Corporate owned life insurance premiums
Purchase versus lease (for purchasers and/or
lessees)
Research and development costs
Section 118 exclusion (attach statement)
m m m m m m m mm m m m m m m
mm m m
m m m m m m m m m mm
m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m
m m m m m m m m m mmm m m m m m m m m m m m m mm m m m
m mSection 162(r) - FDIC premiums paid by certain
large financial institutions (see instructions) mOther expense/deduction items with
differences (attach statement) m m m m m m39 Total expense/deduction items. Combine
lines 1 through 38. Enter here and on Part II, line27, reporting positive amounts as negative andnegative amounts as positive m m m m m m m
JSA Schedule M-3 (Form 1120) 20188C2732 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
ADJUSTMENTS
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 53 of 118
Cost of Goods SoldForm 1125-A(Rev. November 2018) OMB No. 1545-0123I Attach to Form 1120, 1120-C, 1120-F, 1120S, or 1065.Department of the TreasuryInternal Revenue Service I Go to www.irs.gov/Form1125A for the latest information.Name Employer identification number
1
2
3
4
5
6
7
Inventory at beginning of year
Purchases
Cost of labor
Additional section 263A costs (attach schedule)
Other costs (attach schedule)
Total. Add lines 1 through 5
Inventory at end of year
1
2
3
4
5
6
7
8
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the
appropriate line of your tax return. See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m9a Check all methods used for valuing closing inventory:
(i)
(ii)
(iii)
Cost
Lower of cost or market
Other (Specify method used and attach explanation.) III
b
c
Check if there was a writedown of subnormal goods
Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970)
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m
d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed
under LIFO 9dm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mYes
Yes
No
No
e If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions m m mf Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If "Yes,"
attach explanation m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
Small business taxpayer. A smallbusiness taxpayer is a taxpayer that (a) hasaverage annual gross receipts of $25million or less (indexed for inflation) for the3 prior tax years, and (b) is not a tax shelter(as defined in section 448(d)(3)). See Pub.538.
Section references are to the InternalRevenue Code unless otherwise noted.
merchandise is an income-producingfactor. See Regulations section 1.471-1. Ifinventories are required, you generallymust use an accrual method of accountingfor sales and purchases of inventory items.
What's NewSmall business taxpayers. For tax yearsbeginning after December 31, 2017, thefollowing apply. Exception for certain taxpayers. A small
business taxpayer (defined below), canadopt or change its accounting method toaccount for inventories in the same manneras material and supplies that are non-incidental, or conform to its treatment ofinventories in an applicable financialstatement (as defined in section 451(b)(3)),or if it does not have an applicable financialstatement, the method of accounting usedin its books and records prepared inaccordance with its accountingprocedures. See section 471(c)(3).
% A small business taxpayer (defined Uniform capitalization rules. The uniformcapitalization rules of section 263Agenerally require you to capitalize, orinclude in inventory, certain costs incurredin connection with the following.
below), may use a method of accounting forinventories that either: (1) treats inventoriesas nonincidental materials and supplies, or(2) conforms to the taxpayer's financialaccounting treatment of inventories. % The production of real property and
% tangible personal property held in inventoryor held for sale in the ordinary course ofbusiness.
A small business taxpayer is not requiredto capitalize costs under section 263A.
General Instructions % Real property or personal property(tangible and intangible) acquired for resale.Purpose of Form % The production of real property and A small business taxpayer claiming
exemption from the requirement to keepinventories is changing its method ofaccounting for purposes of section 481.For additional guidance on this method ofaccounting, see Pub. 538, AccountingPeriods and Methods. For guidance onchanging to this method of accounting, seeForm 3115 and the Instructions for Form3115.
Use Form 1125-A to calculate and deductcost of goods sold for certain entities. tangible personal property for use in its
trade or business or in an activity engagedin for profit.Who Must File A small business taxpayer (definedabove) is not required to capitalize costsunder section 263A. See section 263A(i).
Filers of Form 1120, 1120-C, 1120-F,1120S, or 1065, must complete and attachForm 1125-A if the applicable entity reportsa deduction for cost of goods sold. See the discussion on section 263A
uniform capitalization rules in theinstructions for your tax return beforecompleting Form 1125-A. Also seeRegulations sections 1.263A-1 through1.263A-3. See Regulations section1.263A-4 for rules for property produced ina farming business.
Inventories
Generally, inventories are required at thebeginning and end of each tax year if theproduction, purchase, or sale of
For Paperwork Reduction Act Notice, see instructions. Form 1125-A (Rev. 11-2018)
JSA8X4012 3.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARYF/K/A S&R MEDIA CORPORATION AND SUBSIDIARY 45-2805739
2,593,605.
2,065,332.4,658,937.
4,658,937.
X
X
SEE STATEMENT 36
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 54 of 118
Compensation of OfficersForm 1125-EOMB No. 1545-0123(Rev. October 2016)
I Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RIC, or 1120S.
Information about Form 1125-E and its separate instructions is at www.irs.gov/form1125e.Department of the TreasuryInternal Revenue Service IName Employer identification number
Note: Complete Form 1125-E only if total receipts are $500,000 or more. See instructions for definition of total receipts.
(c) Percent of time devoted to
business
Percent of stock owned(b) Social security number
(see instructions)
(f) Amount ofcompensation
(a) Name of officer(d) Common (e) Preferred
1
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
%
2
3
Total compensation of officers
Compensation of officers claimed on Form 1125-A or elsewhere on return
2
3
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m
4 Subtract line 3 from line 2. Enter the result here and on Form 1120, page 1, line 12 or the
appropriate line of your tax return m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 4For Paperwork Reduction Act Notice, see separate instructions. Form 1125-E (Rev. 10-2016)
JSA
8C1318 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
154,440.
154,440.
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARYF/K/A S&R MEDIA CORPORATION AND SUBSIDIARY 45-2805739
SEE STATEMENT 38
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 55 of 118
OMB No. 1545-0172Depreciation and AmortizationForm 4562
(Including Information on Listed Property)
I À¾µ¼Attach to your tax return.Department of the Treasury
Internal Revenue ServiceAttachmentI(99) Go to www.irs.gov/Form4562 for instructions and the latest information. Sequence No. 179
Name(s) shown on return Identifying number
Business or activity to which this form relates
Election To Expense Certain Property Under Section 179Note: If you have any listed property, complete Part V before you complete Part I.
Part I
1 Maximum amount (see instructions) 1m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2 Total cost of section 179 property placed in service (see instructions) 2m m m m m m m m m m m m m m m m m m m m m m m m3 Threshold cost of section 179 property before reduction in limitation (see instructions) 3m m m m m m m m m m m m m m m4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- 4m m m m m m m m m m m m m m m m m m m m m5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing
separately, see instructions 5m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m6 (a) Description of property (b) Cost (business use only) (c) Elected cost
7 Listed property. Enter the amount from line 29 7m m m m m m m m m m m m m m m m m m m m m m8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 8m m m m m m m m m m m m m m m m9 Tentative deduction. Enter the smaller of line 5 or line 8 9m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
10 Carryover of disallowed deduction from line 13 of your 2017 Form 4562 10m m m m m m m m m m m m m m m m m m m m m m11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions 11m12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 12m m m m m m m m m m m m m m m
I13 Carryover of disallowed deduction to 2019. Add lines 9 and 10, less line 12 13m m mNote: Don't use Part II or Part III below for listed property. Instead, use Part V.
Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.)Part II
14 Special depreciation allowance for qualified property (other than listed property) placed in service
during the tax year. See instructions 14
15
16
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m15
16
Property subject to section 168(f)(1) election
Other depreciation (including ACRS)
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mMACRS Depreciation (Don't include listed property. See instructions.)Part III
Section A
1717 MACRS deductions for assets placed in service in tax years beginning before 2018 m m m m m m m m m m m m m m m m m18 If you are electing to group any assets placed in service during the tax year into one or more general
asset accounts, check here Im m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mSection B - Assets Placed in Service During 2018 Tax Year Using the General Depreciation System
(b) Month and year (c) Basis for depreciation (d) Recovery(e) Convention (f) Method (g) Depreciation deduction(a) Classification of property placed in (business/investment use period
service only - see instructions)
19a 3-year property
b 5-year property
c 7-year property
d 10-year property
e 15-year property
f 20-year property
g 25-year property 25 yrs. S/L
27.5 yrs. MM S/Lh Residential rental
27.5 yrs. MM S/Lproperty
39 yrs. MM S/Li Nonresidential real
MM S/Lproperty
Section C - Assets Placed in Service During 2018 Tax Year Using the Alternative Depreciation System
20a Class life S/L
b 12-year 12 yrs. S/L
c
d
30-year
40-year
30 yrs.
40 yrs.
MM
MM
S/L
S/L
Summary (See instructions.)Part IV 2121 Listed property. Enter amount from line 28 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter
here and on the appropriate lines of your return. Partnerships and S corporations - see instructions 22m m m m m m m m m m23 For assets shown above and placed in service during the current year, enter the
23portion of the basis attributable to section 263A costs m m m m m m m m m m m m m m m m m mFor Paperwork Reduction Act Notice, see separate instructions. Form 4562 (2018)JSA 8X2300 1.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARYF/K/A S&R MEDIA CORPORATION AND SUBSIDIARY 45-2805739
GENERAL DEPRECIATION & AMORTIZATION
17,420.
6,792.
32,097.
7,885.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 56 of 118
Form 4562 (2018) Page 2Listed Property (Include automobiles, certain other vehicles, certain aircraft, and property used forentertainment, recreation, or amusement.)
Part V
Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a,24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.
Section A - Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)
24a Do you have evidence to support the business/investment use claimed? Yes No 24b If "Yes," is the evidence written? Yes No
(e)(c)(a) (b) (f) (g) (h) (i)(d) Basis for depreciationBusiness/ Elected section 179Type of property (list Date placed
in serviceRecovery Method/ DepreciationCost or other basisinvestment use (business/investment costvehicles first) period Convention deduction
use only)percentage
25 Special depreciation allowance for qualified listed property placed in service duringthe tax year and used more than 50% in a qualified business use. See instructions 25m m m m m m m m m m
26 Property used more than 50% in a qualified business use:
%
%
%
27 Property used 50% or less in a qualified business use:
% S/L -
% S/L -
% S/L -
2828 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 m m m m m m m m m m29 Add amounts in column (i), line 26. Enter here and on line 7, page 1 29m m m m m m m m m m m m m m m m m m m m m m m m m m
Section B - Information on Use of VehiclesComplete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person. If you provided vehicles
to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.
(a) (b) (c) (d) (e) (f)Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5 Vehicle 6
30 Total business/investment miles driven duringthe year (don't include commuting miles) m m m
31 Total commuting miles driven during the year m32 Total other personal (noncommuting)
miles driven m m m m m m m m m m m m m m m m m m m33 Total miles driven during the year. Add
lines 30 through 32 m m m m m m m m m m m m m m mYes No Yes No Yes No Yes No Yes No Yes No34 Was the vehicle available for personal
use during off-duty hours? m m m m m m m m m m m m35 Was the vehicle used primarily by a more
than 5% owner or related person? m m m m m m m m36 Is another vehicle available for personal
use? m m m m m m m m m m m m m m m m m m m m m m m mSection C - Questions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren'tmore than 5% owners or related persons. See instructions.
Yes No37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, byyour employees? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m
38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners m m m m m m m m39 Do you treat all use of vehicles by employees as personal use? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m40 Do you provide more than five vehicles to your employees, obtain information from your employees about the
use of the vehicles, and retain the information received? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m41 Do you meet the requirements concerning qualified automobile demonstration use? See instructions
Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles.m m m m m m m m m m m
AmortizationPart VI (e)
(b) (f)(c)(a) (d) AmortizationDate amortization
Description of costs period orAmortizable amount Code section Amortization for this yearbegins
percentage
42 Amortization of costs that begins during your 2018 tax year (see instructions):
43 Amortization of costs that began before your 2018 tax year 43m m m m m m m m m m m m m m m m m m m m m m m m m m44 Total. Add amounts in column (f). See the instructions for where to report 44m m m m m m m m m m m m m m m m m
Form 4562 (2018)JSA
8X2310 1.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
14,476.14,476.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 57 of 118
Application for Automatic Extension of Time To File CertainBusiness Income Tax, Information, and Other ReturnsForm »´´¸
OMB No. 1545-0233
File a separate application for each return.(Rev. December 2018) I
Go to www.irs.gov/Form7004 for instructions and the latest information.Department of the Treasury IInternal Revenue Service
Name Identifying number
or
Type
Number, street, and room or suite no. (If P.O. box, see instructions.)
City, town, state, and ZIP code (If a foreign address, enter city, province or state, and country (follow the country’s practice for entering postal code).)
Note: File request for extension by the due date of the return. See instructions before completing this form.
Automatic Extension for Certain Business Income Tax, Information, and Other Returns. See instructions.Part I 1 Enter the form code for the return listed below that this application is for m m m m m m m m m m m m m m m m m m m m m m m m m m m
FormCode
FormCode
ApplicationIs For:
ApplicationIs For:
Form 706-GS(D) Form 1120-ND (section 4951 taxes) 20
21
22
23
24
25
26
27
28
29
30
31
32
33
35
36
01
02
03
04
05
06
07
08
09
11
12
34
15
16
17
18
19
Form 706-GS(T) Form 1120-PC
Form 1041 (bankruptcy estate only) Form 1120-POL
Form 1041 (estate other than a bankruptcy estate) Form 1120-REIT
Form 1041 (trust) Form 1120-RIC
Form 1041-N Form 1120S
Form 1041-QFT Form 1120-SF
Form 3520-AForm 1042
Form 1065 Form 8612
Form 1066 Form 8613
Form 1120 Form 8725
Form 8804Form 1120-C
Form 1120-F Form 8831
Form 1120-FSC Form 8876
Form 1120-H Form 8924
Form 1120-L Form 8928
Form 1120-ND
All Filers Must Complete This PartPart II
2
3
4
If the organization is a foreign corporation that does not have an office or place of business in the United States,
check here II
I
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf the organization is a corporation and is the common parent of a group that intends to file a consolidated return,
check here m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf checked, attach a statement listing the name, address, and employer identification number (EIN) for each member
covered by this application.
If the organization is a corporation or partnership that qualifies under Regulations section 1.6081-5, check here m m5a The application is for calendar year 20 , or tax year beginning , 20 , and ending , 20
b Short tax year. If this tax year is less than 12 months, check the reason: Initial return Final return
Change in accounting period Consolidated return to be filed Other (See instructions - attach explanation)
6
7
Tentative total tax
Total payments and credits. See instructions
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 6
7
8
m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8 Balance due. Subtract line 7 from line 6. See instructions m m m m m m m m m m m m m m m m m m m m m m
For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. Form 7004 (Rev. 12-2018)
JSA
8X0915 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARYF/K/A S&R MEDIA CORPORATION AND SUBSIDIARY 45-2805739
150 N. MICHIGAN AVE. SUITE 900
CHICAGO, IL 60601
1 2
X
NONE
NONE
NONE
08/01 18 07/31 19
SEE STATEMENT 41
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 58 of 118
OMB No. 1545-0123Supplemental Attachment to Schedule M-3Form8916-AI Attach to Schedule M-3 for Form 1065, 1120, 1120-L, 1120-PC, or 1120S.
Department of the TreasuryInternal Revenue Service I À¾µ¼
Go to www.irs.gov/Form1120 for the latest information.
Name of common parent Employer identification number
Name of subsidiary Employer identification number
Cost of Goods SoldPart I
(a)Expense per
Income Statement
(b)TemporaryDifference
(c)PermanentDifference
(d)Deduction per Tax
ReturnCost of Goods Sold Items
1
2
Amounts attributable to cost
flow assumptions
Amounts attributable to:
Stock option expense
Other equity-based
compensation
Meals and entertainment
Parachute payments
Compensation with section
162(m) limitation
Pension and profit sharing
Other post-retirement benefits
Deferred compensation
Reserved
Amortization
Depletion
Depreciation
Corporate-owned life insurance
premiums
Other section 263A costs
Inventory shrinkage accruals
Excess inventory and
obsolescence reserves
Lower of cost or market write-
downs
Other items with differences
(attach statement)
Other items with no differences
m m m m m m m
a
b
c
d
e
f
g
h
i
j
k
l
m
n
m m m m mm m m m m m m m m
m m mm m m m m m
m m m m m m mm m m
mm m m m
m m m m m m m m m m mm m m m m m m m m
m m m m m m m m m m mm m m m m m m m m
m m m m m m m m m m mm m m
3
4
5
6
7
m mm m m m m
m m m m m m m m m m m mm m m m m m m
8 Total cost of goods sold. Addlines 1 through 7 in columnsa, b, c, and d. Enter totals on theapplicable Schedule M-3. Seeinstructions m m m m m m m m m m
For Paperwork Reduction Act Notice, see instructions. Form 8916-A (2018)
JSA
8X9035 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
2,597,748. -4,143. 2,593,605.
2,065,332. 2,065,332.
4,663,080. -4,143. 4,658,937.
STMT 42
STMT 43
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 59 of 118
Form 8916-A (2018) Page 2Interest IncomePart II
(a)Income (Loss) per Income
Statement
(b)TemporaryDifference
(c)PermanentDifference
(d)Income (Loss) per
Tax ReturnInterest Income Item
1
2
Tax-exempt interest
income
Interest income from hybrid
securities
3 Sale/lease interest income
4a
4b
Intercompany interest
income - From outside tax
affiliated group
Intercompany interest
income - From tax
affiliated group
5 Other interest income
6 Total interest income. Addlines 1 through 5 in columnsa, b, c, and d. Enter total onthe applicable Schedule M-3.See instructions.
Interest ExpensePart III
(a)Expense per Income
Statement
(b)TemporaryDifference
(c)PermanentDifference
(d)Deduction per Tax Return
Interest Expense Item
1
2
3a
3b
Interest expense from
hybrid securities
Lease/purchase interest
expense
Intercompany interest
expense - Paid to outside
tax affiliated group
Intercompany interest
expense - Paid to tax
affiliated group
4 Other interest expense
5 Total interest expense. Add
lines 1 through 4 in columns
a, b, c, and d. Enter total on
the applicable Schedule M-3.
See instructions.
Form 8916-A (2018)
JSA
8X9036 2.000
KNIGHTHOUSE MEDIA INC. 45-2805739
110. 110.
110. 110.
24,598. 24,598.
24,598. 24,598.
STMT 44
STMT 45
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 60 of 118
OMB No. 1545-0123Supplemental Attachment to Schedule M-3Form8916-AI Attach to Schedule M-3 for Form 1065, 1120, 1120-L, 1120-PC, or 1120S.
Department of the TreasuryInternal Revenue Service I À¾µ¼
Go to www.irs.gov/Form1120 for the latest information.
Name of common parent Employer identification number
Name of subsidiary Employer identification number
Cost of Goods SoldPart I
(a)Expense per
Income Statement
(b)TemporaryDifference
(c)PermanentDifference
(d)Deduction per Tax
ReturnCost of Goods Sold Items
1
2
Amounts attributable to cost
flow assumptions
Amounts attributable to:
Stock option expense
Other equity-based
compensation
Meals and entertainment
Parachute payments
Compensation with section
162(m) limitation
Pension and profit sharing
Other post-retirement benefits
Deferred compensation
Reserved
Amortization
Depletion
Depreciation
Corporate-owned life insurance
premiums
Other section 263A costs
Inventory shrinkage accruals
Excess inventory and
obsolescence reserves
Lower of cost or market write-
downs
Other items with differences
(attach statement)
Other items with no differences
m m m m m m m
a
b
c
d
e
f
g
h
i
j
k
l
m
n
m m m m mm m m m m m m m m
m m mm m m m m m
m m m m m m mm m m
mm m m m
m m m m m m m m m m mm m m m m m m m m
m m m m m m m m m m mm m m m m m m m m
m m m m m m m m m m mm m m
3
4
5
6
7
m mm m m m m
m m m m m m m m m m m mm m m m m m m
8 Total cost of goods sold. Addlines 1 through 7 in columnsa, b, c, and d. Enter totals on theapplicable Schedule M-3. Seeinstructions m m m m m m m m m m
For Paperwork Reduction Act Notice, see instructions. Form 8916-A (2018)
JSA
8X9035 2.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION
KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739
2,597,748. -4,143. 2,593,605.
2,065,332. 2,065,332.
4,663,080. -4,143. 4,658,937.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 61 of 118
Form 8916-A (2018) Page 2Interest IncomePart II
(a)Income (Loss) per Income
Statement
(b)TemporaryDifference
(c)PermanentDifference
(d)Income (Loss) per
Tax ReturnInterest Income Item
1
2
Tax-exempt interest
income
Interest income from hybrid
securities
3 Sale/lease interest income
4a
4b
Intercompany interest
income - From outside tax
affiliated group
Intercompany interest
income - From tax
affiliated group
5 Other interest income
6 Total interest income. Addlines 1 through 5 in columnsa, b, c, and d. Enter total onthe applicable Schedule M-3.See instructions.
Interest ExpensePart III
(a)Expense per Income
Statement
(b)TemporaryDifference
(c)PermanentDifference
(d)Deduction per Tax Return
Interest Expense Item
1
2
3a
3b
Interest expense from
hybrid securities
Lease/purchase interest
expense
Intercompany interest
expense - Paid to outside
tax affiliated group
Intercompany interest
expense - Paid to tax
affiliated group
4 Other interest expense
5 Total interest expense. Add
lines 1 through 4 in columns
a, b, c, and d. Enter total on
the applicable Schedule M-3.
See instructions.
Form 8916-A (2018)
JSA
8X9036 2.000
KNIGHTHOUSE MEDIA INC. 45-2805739
110. 110.
110. 110.
24,598. 24,598.
24,598. 24,598.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 62 of 118
Regulation Section 1.263(a)-1(f) - De Minimis Safe Harbor Election
Taxpayer Name:
Taxpayer Address:
Taxpayer ID Number:
Year-End:
Under IRC Regulation Section 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimissafe harbor election.
8XE147 1.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
07/31/2019
150 N. MICHIGAN AVE. SUITE 900 CHICAGO IL 60601
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 63 of 118
Regulation Section 1.263(a)-3(h) - Safe Harbor Electionfor Small Taxpayer
Taxpayer Name:
Taxpayer Address:
Taxpayer ID Number:
Year-End:
Under IRC Regulation Section 1.263(a)-3(h), the taxpayer hereby elects to apply the safe harborelection for small taxpayer.
Description of the building property
8XE148 1.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
07/31/2019
150 N. MICHIGAN AVE. SUITE 900 CHICAGO IL 60601
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 64 of 118
Regulation Section 1.263(a)-3(n) - Election toCapitalize Repair and Maintenance Costs
Taxpayer Name:
Taxpayer Address:
Taxpayer ID Number:
Year-End:
Under IRC Regulation Section 1.263(a)-3(n), the taxpayer hereby elects to capitalize repair andmaintenance costs.
8XE149 1.000
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
07/31/2019
150 N. MICHIGAN AVE. SUITE 900 CHICAGO IL 60601
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 65 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
11
20
Pa
ge
1
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sale
s
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sa
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allo
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ost
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goods
sold
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ross
pro
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ivid
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5In
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ross
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12
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13
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14
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15
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16
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ts
17
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18
Inte
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19
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tab
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tion
s
20
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tion
21
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22
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sh
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23
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.,pla
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24
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plo
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ben
efit
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25
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26
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s
27
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s
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2.0
00
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
1
COMBINED
8,296,828.
---------------
8,296,828.
4,658,937.
3,637,891.
110.
3,638,001.
---------------
---------------
154,440.
1,135,708.
66,415.
389,702.
120,724.
24,598.
32,097.
36,602.
39,995.
1,574,236.
3,574,517.
---------------
---------------
63,484.
===============
NONE
63,484.
---------------
===============
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
---------------
---------------
---------------
---------------
---------------
NONE
===============
NONE
---------------
===============
ADJUSTMENTS
---------------
---------------
---------------
---------------
---------------
===============
63,484.
-63,484.
---------------
===============
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
8,296,828.
---------------
8,296,828.
4,658,937.
3,637,891.
110.
3,638,001.
---------------
---------------
154,440.
1,135,708.
66,415.
389,702.
120,724.
24,598.
32,097.
36,602.
39,995.
1,574,236.
3,574,517.
---------------
---------------
63,484.
===============
63,484.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 66 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
11
20
Pa
ge
1
1a
Gro
ss
receip
tsor
sale
s
1b
Re
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sa
nd
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1c
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2C
ost
of
goods
sold
3G
ross
pro
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6G
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ren
ts
7G
ross
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or
(loss)
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mF
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10
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12
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13
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14
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dm
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15
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dd
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16
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ts
17
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an
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ses
18
Inte
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19
Ch
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tab
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ntr
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tion
s
20
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tion
21
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tio
n
22
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23
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.,pla
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24
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25
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26
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27
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00
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
2
KNIGHTHOUSE MEDIA
INC.
45-2805739
8,296,828.
---------------
8,296,828.
4,658,937.
3,637,891.
110.
3,638,001.
---------------
---------------
154,440.
1,135,708.
66,415.
389,702.
120,724.
24,598.
32,097.
36,602.
39,995.
1,574,022.
---------------
3,574,303.
---------------
63,698.
===============
NONE
63,698.
---------------
===============
IDEAL MEDIA GROUP
INC
46-3668071
---------------
---------------
---------------
214.
---------------
214.
---------------
-214.
===============
NONE
-214.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 67 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
================================================================================================================================================================================ 3
LINE 17 - TAXES SUMMARY
=======================
TAXES (EXCLUDING INCOME TAXES)
119,468.
OTHER STATE AND LOCAL TAXES
1,256.
TOTAL
120,724.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 68 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
LINE 17 - TAXES EXCLUDING INCOME TAXES
--------------------------------------
EMPLOYMENT TAXES
OTHER TAXES
TOTAL
4
COMBINED
--------------
119,117.
351.
119,468.
--------------
==============
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
--------------
--------------
==============
ADJUSTMENTS
--------------
--------------
==============
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
--------------
119,117.
351.
119,468.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 69 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
LINE 17 - TAXES EXCLUDING INCOME TAXES
--------------------------------------
EMPLOYMENT TAXES
OTHER TAXES
TOTAL
5
KNIGHTHOUSE
MEDIA INC.
45-2805739
--------------
119,117.
351.
119,468.
--------------
==============
IDEAL MEDIA
GROUP INC
46-3668071
--------------
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 70 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
LINE 17 - OTHER STATE AND LOCAL TAXES
-------------------------------------
STATE INCOME TAXES
TOTAL
6
COMBINED
--------------
1,256.
1,256.
--------------
==============
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
--------------
--------------
==============
ADJUSTMENTS
--------------
--------------
==============
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
--------------
1,256.
1,256.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 71 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
LINE 17 - OTHER STATE AND LOCAL TAXES
-------------------------------------
STATE INCOME TAXES
TOTAL
7
KNIGHTHOUSE
MEDIA INC.
45-2805739
--------------
1,256.
1,256.
--------------
==============
IDEAL MEDIA
GROUP INC
46-3668071
--------------
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 72 of 118
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
1120 PAGE 1 DETAIL
8
LINE 26 - SUMMARY OF TRAVEL, MEALS AND ENTERTAINMENT====================================================
KNIGHTHOUSE MEDIA INC.---------------------------------------------100% ALLOWABLE TRAVEL AND ENTERTAINMENT 62,894.NET MEALS AND ENTERTAINMENT AMOUNT TO OTHER DEDUCTIONS 6,592.
SUBTOTAL 69,486.---------------
---------------
TOTAL LINE 26 - TRAVEL, MEALS AND ENTERTAINMENT 69,486.===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 73 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
LINE 26 - OTHER DEDUCTIONS
--------------------------
WEBSITE FEES
COMPUTER/IT
BANK/CREDIT FEES
RECRUITING
CLEANER/MAINTENANCE
PAYROLL PROCESS EXPENSE
CONSULTING
REFRESHMENTS
OFFICE EXPENSES
EDIT AND ART EXPENSES
EQUIPMENT RENTAL
INSURANCE
UTILITIES AND TELEPHONE
VEHICLE EXPENSE
LEGAL AND ACCOUNTING
MISCELLANEOUS EXPENSE
OFFICE SUPPLIES
POSTAGE AND SUPPLIES
TRAVEL, MEALS AND ENTERTAINMENT
AMORTIZATION
TOTAL
9
COMBINED
--------------
15,705.
58,923.
163,500.
17,612.
242.
27,484.
830,094.
12,530.
3,032.
9,337.
18,501.
39,422.
183,486.
37,018.
35,376.
6,981.
17,197.
13,757.
69,486.
14,476.
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
--------------
ADJUSTMENTS
--------------
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
--------------
15,705.
58,923.
163,500.
17,612.
242.
27,484.
830,094.
12,530.
3,032.
9,337.
18,501.
39,422.
183,486.
37,018.
35,376.
6,981.
17,197.
13,757.
69,486.
14,476.
COMBINED
--------------
1,574,159.
--------------
==============
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
--------------
--------------
==============
ADJUSTMENTS
--------------
--------------
==============
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
--------------
1,574,159.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 74 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
1120 PAGE 1 DETAIL
LINE 26 - OTHER DEDUCTIONS
--------------------------
WEBSITE FEES
COMPUTER/IT
BANK/CREDIT FEES
RECRUITING
CLEANER/MAINTENANCE
PAYROLL PROCESS EXPENSE
CONSULTING
REFRESHMENTS
OFFICE EXPENSES
EDIT AND ART EXPENSES
EQUIPMENT RENTAL
INSURANCE
UTILITIES AND TELEPHONE
VEHICLE EXPENSE
LEGAL AND ACCOUNTING
MISCELLANEOUS EXPENSE
OFFICE SUPPLIES
POSTAGE AND SUPPLIES
TRAVEL, MEALS AND ENTERTAINMENT
AMORTIZATION
TOTAL
10
KNIGHTHOUSE
MEDIA INC.
45-2805739
--------------
15,705.
58,923.
163,478.
17,612.
242.
27,484.
830,094.
12,530.
3,032.
9,337.
18,501.
39,422.
183,486.
37,018.
35,376.
6,981.
17,197.
13,757.
69,486.
14,284.
1,573,945.
--------------
==============
IDEAL MEDIA
GROUP INC
46-3668071
--------------
22.
192.
214.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 75 of 118
FORM 1120, PAGE 1 DETAIL
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
====================================================================================================
2799HT
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45-2805739
STATEMENT
11
NON-SRLY NOL CARRYOVER SCHEDULE
-------------------------------
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
---------------------------------------------
AMOUNT USED
AMOUNT IN CONVERTED CARRYOVER
YEAR ENDING ORIGINAL NOL AVAILABLE CURRENT YEAR
-------------------------------------------------------------
CONTRIBUTIONS TO NEXT YEAR
---------------------------------------
07/31/1999
07/31/2000
07/31/2001
07/31/2002
07/31/2003
07/31/2004
07/31/2005
07/31/2006
07/31/2007
07/31/2008
07/31/2009
07/31/2010
07/31/2011
07/31/2012
07/31/2013
07/31/2014
07/31/2015
9,460.
9,460.
07/31/2016
222,651.
54,024.
168,627.
07/31/2017
07/31/2018
318,227.
318,227.
07/31/2019
---------------
---------------
---------------
---------------
===============
486,854.
===============
63,484.
---------------
===============
9,460.
222,651.
318,227.
---------------
550,338.
---------------
===============
550,338.
---------------
===============
TOTAL
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 76 of 118
FORM 1120, PAGE 1 DETAIL
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
====================================================================================================
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45-2805739
STATEMENT
12
NON-SRLY NOL CARRYOVER SCHEDULE
-------------------------------
KNIGHTHOUSE MEDIA INC.
---------------------------------------------
AMOUNT USED
AMOUNT IN CONVERTED CARRYOVER
YEAR ENDING ORIGINAL NOL AVAILABLE CURRENT YEAR
-------------------------------------------------------------
CONTRIBUTIONS TO NEXT YEAR
---------------------------------------
07/31/1999
07/31/2000
07/31/2001
07/31/2002
07/31/2003
07/31/2004
07/31/2005
07/31/2006
07/31/2007
07/31/2008
07/31/2009
07/31/2010
07/31/2011
07/31/2012
07/31/2013
07/31/2014
07/31/2015
9,460.
9,460.
07/31/2016
222,459.
222,459.
07/31/2017
07/31/2018
318,035.
318,035.
07/31/2019
---------------
---------------
---------------
---------------
===============
549,954.
===============
---------------
===============
9,460.
222,459.
318,035.
---------------
549,954.
===============
549,954.
---------------
===============
TOTAL
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 77 of 118
FORM 1120, PAGE 1 DETAIL
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
====================================================================================================
2799HT
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45-2805739
STATEMENT
13
NON-SRLY NOL CARRYOVER SCHEDULE
-------------------------------
IDEAL MEDIA GROUP INC
---------------------------------------------
AMOUNT USED
AMOUNT IN CONVERTED CARRYOVER
YEAR ENDING ORIGINAL NOL AVAILABLE CURRENT YEAR
-------------------------------------------------------------
CONTRIBUTIONS TO NEXT YEAR
---------------------------------------
07/31/1999
07/31/2000
07/31/2001
07/31/2002
07/31/2003
07/31/2004
07/31/2005
07/31/2006
07/31/2007
07/31/2008
07/31/2009
07/31/2010
07/31/2011
07/31/2012
07/31/2013
07/31/2014
07/31/2015
07/31/2016
192.
192.
07/31/2017
07/31/2018
192.
192.
07/31/2019
---------------
---------------
---------------
---------------
===============
384.
===============
---------------
===============
192.
192.
---------------
384.
===============
384.
---------------
===============
TOTAL
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 78 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
1120 PAGE 1 DETAIL
14
LINE 29A - NOL CARRYOVERS TO NEXT YEAR======================================
KNIGHTHOUSE MEDIA INC.---------------------------------------------NON-SRLY CARRYOVER 549,954.
TOTAL 549,954.---------------
---------------
IDEAL MEDIA GROUP INC---------------------------------------------NON-SRLY CARRYOVER 384.
TOTAL 384.---------------
---------------
TOTAL LINE 29A - CURRENT YEAR UTILIZATION 63,484.===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 79 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
15
COMBINED
306,176.
---------------
488,126.
301,562.
22,104,664.
590,636.
414,768.
22,773,272.
---------------
===============
35,553.
22,821,830.
200.
-1,194,058.
1,109,747.
22,773,272.
---------------
===============
KNIGHTHOUSE MEDIA
INC. ELIMINATIONS
---------------
-21,955,021.
-21,955,021.
---------------
===============
-21,955,021.
-21,955,021.
---------------
===============
ADJUSTMENTS
---------------
---------------
===============
---------------
===============
KNIGHTHOUSE MEDIA
INC. AND
SUBSIDIARY
306,176.
---------------
488,126.
301,562.
149,643.
590,636.
414,768.
818,251.
---------------
===============
35,553.
866,809.
200.
-1,194,058.
1,109,747.
818,251.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 80 of 118
Co
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
16
KNIGHTHOUSE MEDIA
INC.
45-2805739
302,505.
---------------
488,126.
301,562.
22,096,517.
590,636.
414,768.
22,761,454.
---------------
===============
35,553.
22,716,525.
100.
-1,100,471.
1,109,747.
22,761,454.
---------------
===============
IDEAL MEDIA GROUP
INC
46-3668071
3,671.
---------------
8,147.
11,818.
---------------
===============
105,305.
100.
-93,587.
11,818.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 81 of 118
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'Eq
uity
JS
A8
C9
09
51
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
17
COMBINED
371,692.
---------------
571,911.
13,844.
23,292,055.
590,483.
511,661.
24,300,636.
---------------
===============
-21,580.
23,834,049.
358,625.
200.
-980,405.
1,109,747.
24,300,636.
---------------
===============
KNIGHTHOUSE MEDIA
INC. ELIMINATIONS
---------------
-23,233,723.
-23,233,723.
---------------
===============
-23,233,723.
-23,233,723.
---------------
===============
ADJUSTMENTS
---------------
---------------
===============
---------------
===============
KNIGHTHOUSE MEDIA
INC. AND
SUBSIDIARY
371,692.
---------------
571,911.
13,844.
58,332.
590,483.
511,661.
1,066,913.
---------------
===============
-21,580.
600,326.
358,625.
200.
-980,405.
1,109,747.
1,066,913.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 82 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sch
.L
-E
nd
ing A
ss
ets
1C
ash
2a
Tra
de
No
tes
an
dA
/R
bL
ess
allow
an
cefo
rB
ad
Deb
ts
3In
ven
tories
4U
SG
ove
rnm
en
tO
blig
ation
s
5T
ax-e
xem
pt
Secu
ritie
s
6O
ther
Cu
rren
tA
ssets
7L
oa
ns
toS
tockh
old
ers
8M
tge
an
dR
ealE
sta
teL
oan
s
9O
ther
Inve
stm
en
ts
10
aB
uild
ing
san
dO
ther
Dep
recia
ble
Assets
bL
ess
Acc
um
.D
ep
reci
ation
11
aD
ep
leta
ble
Assets
bL
ess
Accu
m.
Dep
letion
12
La
nd
(ne
to
fan
yA
mort
ization
)
13
aIn
tan
gib
leA
ssets
bL
ess
Accu
m.
Am
ort
ization
14
Oth
er
Assets
15
To
talA
ssets
Lia
bilit
ies
an
dS
toc
kh
old
ers
'E
qu
ity
16
Acco
un
tsP
aya
ble
17
Mtg
es,
Note
s,
Bon
dP
aya
ble
inle
ss
than
1ye
ar
18
Oth
er
Cu
rren
tL
iab
ilities
19
Lo
an
sfr
om
Sto
ckh
old
ers
20
Mtg
es,
Note
s,
Bon
ds
Paya
ble
in1
ye
ar
or
more
21
Oth
er
Lia
bili
ties
a2
2C
ap
italsto
ck-P
refe
rred
bC
ap
italsto
ck-C
om
mon
23
Ad
dit
ion
alP
aid
-in
Cap
ital
24
Re
tain
ed
earn
ing
s-A
pp
rop
riate
d
25
Re
tain
ed
earn
ing
s-U
nap
pro
priate
d
26
Ad
justm
en
tsto
Sh
are
hold
ers
'Eq
uity
27
Le
ss
cost
ofT
reasu
ryS
tock
28
To
tal
Lia
bili
ties
an
d
Sto
ckh
old
ers
'Eq
uity
JS
A8
C9
09
51
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
18
KNIGHTHOUSE MEDIA
INC.
45-2805739
371,692.
---------------
571,911.
13,844.
23,280,759.
590,483.
511,661.
24,289,340.
---------------
===============
-21,580.
23,729,244.
358,625.
100.
-886,796.
1,109,747.
24,289,340.
---------------
===============
IDEAL MEDIA GROUP
INC
46-3668071
---------------
11,296.
11,296.
---------------
===============
104,805.
100.
-93,609.
11,296.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 83 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
1120 PAGE 6 DETAIL
SCH. L, LINE 6 - OTHER CURRENT ASSETS
-------------------------------------
PREPAID EXPENSE
DEPOSITS
INTERCOMPANY RECEIVABLE
OTHER CURRENT ASSETS
TOTAL
19
COMBINED
----------------------------
BEGINNING
--------------
ENDING
--------------
132,539.
41,783.
16,228.
12,297.
21,955,022.
23,233,723.
875.
4,252.
22,104,664.
--------------
==============
23,292,055.
--------------
==============
KNIGHTHOUSE MEDIA INC.
ELIMINATIONS
----------------------------
BEGINNING
--------------
ENDING
--------------
-21,955,021.
-23,233,723.
-21,955,021.
--------------
==============
-23,233,723.
--------------
==============
ADJUSTMENTS
----------------------------
BEGINNING
--------------
ENDING
--------------
--------------
==============
--------------
==============
KNIGHTHOUSE MEDIA INC. AND
SUBSIDIARY
----------------------------
BEGINNING
--------------
ENDING
--------------
132,539.
41,783.
16,228.
12,297.
1.
875.
4,252.
149,643.
--------------
==============
58,332.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 84 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
1120 PAGE 6 DETAIL
SCH. L, LINE 6 - OTHER CURRENT ASSETS
-------------------------------------
PREPAID EXPENSE
DEPOSITS
INTERCOMPANY RECEIVABLE
OTHER CURRENT ASSETS
TOTAL
20
KNIGHTHOUSE MEDIA INC.
45-2805739
----------------------------
BEGINNING
--------------
ENDING
--------------
132,539.
41,783.
16,228.
12,297.
21,946,875.
23,222,427.
875.
4,252.
22,096,517.
--------------
==============
23,280,759.
--------------
==============
IDEAL MEDIA GROUP INC
46-3668071
----------------------------
BEGINNING
--------------
ENDING
--------------
8,147.
11,296.
8,147.
--------------
==============
11,296.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 85 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
1120 PAGE 6 DETAIL
LINE 18 - OTHER CURRENT LIABILITIES
-----------------------------------
OTHER ACCRUED EXPENSES
DEFERRED REVENUE
ACCRUED PAYROLL TAX
DEFERRED RENT
FEDERAL TAX PAYABLE
INTERCOMPANY PAYABLE
TOTAL
21
COMBINED
----------------------------
BEGINNING
--------------
ENDING
--------------
127,335.
121,484.
591,113.
267,924.
-7,895.
NONE
133,734.
188,397.
22,522.
22,522.
21,955,021.
23,233,722.
22,821,830.
--------------
==============
23,834,049.
--------------
==============
KNIGHTHOUSE MEDIA INC.
ELIMINATIONS
----------------------------
BEGINNING
--------------
ENDING
--------------
-21,955,021.
-23,233,723.
-21,955,021.
--------------
==============
-23,233,723.
--------------
==============
ADJUSTMENTS
----------------------------
BEGINNING
--------------
ENDING
--------------
--------------
==============
--------------
==============
KNIGHTHOUSE MEDIA INC. AND
SUBSIDIARY
----------------------------
BEGINNING
--------------
ENDING
--------------
127,335.
121,484.
591,113.
267,924.
-7,895.
NONE
133,734.
188,397.
22,522.
22,522.
-1.
866,809.
--------------
==============
600,326.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 86 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
1120 PAGE 6 DETAIL
LINE 18 - OTHER CURRENT LIABILITIES
-----------------------------------
OTHER ACCRUED EXPENSES
DEFERRED REVENUE
ACCRUED PAYROLL TAX
DEFERRED RENT
FEDERAL TAX PAYABLE
INTERCOMPANY PAYABLE
TOTAL
22
KNIGHTHOUSE MEDIA INC.
45-2805739
----------------------------
BEGINNING
--------------
ENDING
--------------
127,335.
121,484.
591,113.
267,924.
NONE
133,734.
188,397.
22,522.
22,522.
21,841,821.
23,128,917.
22,716,525.
--------------
==============
23,729,244.
--------------
==============
IDEAL MEDIA GROUP INC
46-3668071
----------------------------
BEGINNING
--------------
ENDING
--------------
-7,895.
113,200.
104,805.
105,305.
--------------
==============
104,805.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 87 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
1120 PAGE 6 DETAIL
SCH. L, LINE 26 - ADJ TO SHAREHOLDERS' EQUITY
---------------------------------------------
EQUITY FROM FRIARS
TOTAL
23
COMBINED
----------------------------
BEGINNING
--------------
ENDING
--------------
1,109,747.
1,109,747.
1,109,747.
--------------
==============
1,109,747.
--------------
==============
KNIGHTHOUSE MEDIA INC.
ELIMINATIONS
----------------------------
BEGINNING
--------------
ENDING
--------------
--------------
==============
--------------
==============
ADJUSTMENTS
----------------------------
BEGINNING
--------------
ENDING
--------------
--------------
==============
--------------
==============
KNIGHTHOUSE MEDIA INC. AND
SUBSIDIARY
----------------------------
BEGINNING
--------------
ENDING
--------------
1,109,747.
1,109,747.
1,109,747.
--------------
==============
1,109,747.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 88 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
1120 PAGE 6 DETAIL
SCH. L, LINE 26 - ADJ TO SHAREHOLDERS' EQUITY
---------------------------------------------
EQUITY FROM FRIARS
TOTAL
24
KNIGHTHOUSE MEDIA INC.
45-2805739
----------------------------
BEGINNING
--------------
ENDING
--------------
1,109,747.
1,109,747.
1,109,747.
--------------
==============
1,109,747.
--------------
==============
IDEAL MEDIA GROUP INC
46-3668071
----------------------------
BEGINNING
--------------
ENDING
--------------
--------------
==============
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 89 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sc
h.
M1
an
dM
-2S
um
ma
ry
Sc
he
du
leM
-1
1N
et
inco
me
per
books
2F
ed
era
lIn
com
eT
ax
3E
xces
sC
ap
italL
osses
4In
co
me
Su
bje
ct
toT
ax
not
on
Books
5E
xpen
ses
Record
ed
on
Books
no
tD
ed
ucte
don
Retu
rn
aD
ep
recia
tion
bC
ha
rita
ble
Con
trib
ution
s
cT
rave
lan
dE
nte
rtain
men
t
Oth
er
6T
ota
lL
ines
1-5
7In
co
me
Record
ed
on
Books
no
tIn
clu
ded
on
Retu
rn
aT
ax-
exe
mp
tIn
tere
st
Oth
er
8D
ed
ucti
on
son
Retu
rnn
ot
on
Books
aD
ep
recia
tion
bC
ha
rita
ble
Con
trib
ution
s
Oth
er
9T
ota
lL
ines
7an
d8
10
Inco
me
(Lin
e2
8,
Pag
e1
)
Sc
he
du
leM
-2
1B
ala
nce
at
beg
inn
ing
ofye
ar
2N
et
Incom
ep
er
Books
3O
ther
Incre
ases
4T
ota
lL
ine
1-3
5D
istr
ibu
tion
s
aC
ash
bS
tock
cP
rop
ert
y
6O
ther
Decre
ases
7T
ota
llin
es
5an
d6
8B
ala
nce
at
en
dofye
ar
JS
A8
C9
09
61
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
25
COMBINED
-1,194,058.
213,654.
-980,404.
---------------
1.
---------------
1.
-980,405.
---------------
===============
KNIGHTHOUSE MEDIA
INC. ELIMINATIONS
---------------
---------------
---------------
===============
ADJUSTMENTS
---------------
---------------
---------------
===============
KNIGHTHOUSE MEDIA
INC. AND
SUBSIDIARY
-1,194,058.
213,654.
-980,404.
---------------
1.
---------------
1.
-980,405.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 90 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sc
h.
M1
an
dM
-2S
um
ma
ry
Sc
he
du
leM
-1
1N
et
inco
me
per
books
2F
ed
era
lIn
com
eT
ax
3E
xces
sC
ap
italL
osses
4In
co
me
Su
bje
ct
toT
ax
not
on
Books
5E
xpen
ses
Record
ed
on
Books
no
tD
ed
ucte
don
Retu
rn
aD
ep
recia
tion
bC
ha
rita
ble
Con
trib
ution
s
cT
rave
lan
dE
nte
rtain
men
t
Oth
er
6T
ota
lL
ines
1-5
7In
co
me
Record
ed
on
Books
no
tIn
clu
ded
on
Retu
rn
aT
ax-
exe
mp
tIn
tere
st
Oth
er
8D
ed
ucti
on
son
Retu
rnn
ot
on
Books
aD
ep
recia
tion
bC
ha
rita
ble
Con
trib
ution
s
Oth
er
9T
ota
lL
ines
7an
d8
10
Inco
me
(Lin
e2
8,
Pag
e1
)
Sc
he
du
leM
-2
1B
ala
nce
at
beg
inn
ing
ofye
ar
2N
et
Incom
ep
er
Books
3O
ther
Incre
ases
4T
ota
lL
ine
1-3
5D
istr
ibu
tion
s
aC
ash
bS
tock
cP
rop
ert
y
6O
ther
Decre
ases
7T
ota
llin
es
5an
d6
8B
ala
nce
at
en
dofye
ar
JS
A8
C9
09
61
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
26
KNIGHTHOUSE MEDIA
INC.
45-2805739
-1,100,471.
213,676.
-886,795.
---------------
1.
---------------
1.
-886,796.
---------------
===============
IDEAL MEDIA GROUP
INC
46-3668071
-93,587.
-22.
-93,609.
---------------
---------------
-93,609.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 91 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sc
he
du
leM
-3,
Part
IIIn
co
me
(loss)
from
eq
uity
meth
od
fore
ign
corp
.G
ross
fore
ign
div
iden
ds
not
pre
viou
sly
taxe
dS
ubpar
tF
,Q
EF
,an
dsi
mila
rin
co
me
incl
usi
on
s
1 2 3 4 5 6 7 8 9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
23
23
23
23
23
23
24
25
26
27
28
29
a
29
b
29
c
Gro
ss-u
pfo
rfo
reig
nta
xes
deem
ed
paid
Gro
ss
fore
ign
dis
trib
.p
revi
ou
sly
taxe
dIn
co
me
(loss)
from
eq
uity
meth
od
U.S
.corp
.U
.S.
div
iden
ds
not
elim
inate
din
tax
co
nso
lidatio
n
Min
ori
tyin
tere
st
for
incl
ud
ible
corp
.
Inco
me
(loss
)fr
om
U.S
.p
art
ners
hip
s
Inco
me
(loss
)fr
om
fore
ign
part
ners
hip
sIn
co
me
(loss
)fr
om
oth
er
pass-
thro
ug
he
ntitie
s
Ite
ms
rela
tin
gto
rep
ort
ab
letr
an
sactio
ns
Inte
rest
incom
e
To
tal
acc
rualto
cash
ad
just
men
t
He
dg
ing
tran
sact
ion
s
Ma
rk-t
o-m
ark
et
inco
me
(loss)
Co
st
of
good
ssold
Sal
es
vers
us
lease
Se
cti
on
481(a
)ad
justm
en
ts
Un
ea
rne
d/d
efe
rred
reve
nu
e
Inco
me
reco
gn
itio
nfr
om
lon
g-t
erm
co
ntr
acts
Ori
gin
al
issu
ed
iscou
nt/
imp
ute
din
tere
st
Inco
me
sta
tem
en
tg
ain
/loss
on
sale
,e
xch
an
ge,
or
ab
an
don
men
ta b c d e f g
Gro
ssca
p.
gain
sfr
om
Sch
.D
,exc
lud
ing
am
ou
nt
from
pass
-th
rou
gh
en
titie
sG
ross
cap
.lo
sses
from
Sch
.D
,exc
.p
ass
-th
rou
gh
en
t.,
ab
an
don
men
t,w
ort
hle
sssto
ck
Ne
tg
ain
/lo
ss
rep
ort
ed
on
Form
4797
Ab
an
don
men
tlo
sses
Wort
hle
sssto
cklo
sses
Oth
er
ga
in/l
oss
on
dis
positi
on
of
ass
ets
oth
er
tha
nin
ven
tory
Ca
pit
al
loss
lim
itatio
nan
dca
rryf
orw
ard
use
d
Oth
er
incom
e(l
oss
)ite
ms
with
dif
fere
nces
To
tal
inco
me
(lo
ss)
item
s
To
tal
exp
en
se/d
ed
ucti
on
item
s
Oth
er
ite
ms
with
no
diff
ere
nces
11
20
su
bg
rou
pre
co
nci
liatio
nto
tals
PC
insu
ran
cesu
bg
rou
pre
con
cilia
tion
tota
ls
Lif
ein
su
ran
ce
su
bg
rou
pre
con
cilia
tion
tota
ls
30
Reco
ncil
iati
on
tota
ls
JS
A8
C8
04
22
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
27
COMBINED
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
110.
110.
4,663,080.
4,143.
4,658,937.
5,247,410.
5,247,410.
-370,786.
===============
-164,423.
===============
10,110.
===============
-525,099.
===============
-4,662,970.
===============
4,143.
===============
===============
-4,658,827.
===============
213,654.
-160,280.
10,110.
63,484.
213,654.
---------------
===============
-160,280.
---------------
===============
10,110.
---------------
===============
63,484.
---------------
===============
KNIGHTHOUSE MEDIA INC. ELIMINATIONS
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
===============
===============
===============
===============
===============
===============
===============
===============
---------------
===============
---------------
===============
---------------
===============
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 92 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sc
he
du
leM
-3,
Part
IIIn
co
me
(loss)
from
eq
uity
meth
od
fore
ign
corp
.G
ross
fore
ign
div
iden
ds
not
pre
viou
sly
taxe
dS
ubpar
tF
,Q
EF
,an
dsi
mila
rin
co
me
incl
usi
on
s
1 2 3 4 5 6 7 8 9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
23
23
23
23
23
23
24
25
26
27
28
29
a
29
b
29
c
Gro
ss-u
pfo
rfo
reig
nta
xes
deem
ed
paid
Gro
ss
fore
ign
dis
trib
.p
revi
ou
sly
taxe
dIn
co
me
(loss)
from
eq
uity
meth
od
U.S
.corp
.U
.S.
div
iden
ds
not
elim
inate
din
tax
co
nso
lidatio
n
Min
ori
tyin
tere
st
for
incl
ud
ible
corp
.
Inco
me
(loss
)fr
om
U.S
.p
art
ners
hip
s
Inco
me
(loss
)fr
om
fore
ign
part
ners
hip
sIn
co
me
(loss
)fr
om
oth
er
pass-
thro
ug
he
ntitie
s
Ite
ms
rela
tin
gto
rep
ort
ab
letr
an
sactio
ns
Inte
rest
incom
e
To
tal
acc
rualto
cash
ad
just
men
t
He
dg
ing
tran
sact
ion
s
Ma
rk-t
o-m
ark
et
inco
me
(loss)
Co
st
of
good
ssold
Sal
es
vers
us
lease
Se
cti
on
481(a
)ad
justm
en
ts
Un
ea
rne
d/d
efe
rred
reve
nu
e
Inco
me
reco
gn
itio
nfr
om
lon
g-t
erm
co
ntr
acts
Ori
gin
al
issu
ed
iscou
nt/
imp
ute
din
tere
st
Inco
me
sta
tem
en
tg
ain
/loss
on
sale
,e
xch
an
ge,
or
ab
an
don
men
ta b c d e f g
Gro
ssca
p.
gain
sfr
om
Sch
.D
,exc
lud
ing
am
ou
nt
from
pass
-th
rou
gh
en
titie
sG
ross
cap
.lo
sses
from
Sch
.D
,exc
.p
ass
-th
rou
gh
en
t.,
ab
an
don
men
t,w
ort
hle
sssto
ck
Ne
tg
ain
/lo
ss
rep
ort
ed
on
Form
4797
Ab
an
don
men
tlo
sses
Wort
hle
sssto
cklo
sses
Oth
er
ga
in/l
oss
on
dis
positi
on
of
ass
ets
oth
er
tha
nin
ven
tory
Ca
pit
al
loss
lim
itatio
nan
dca
rryf
orw
ard
use
d
Oth
er
incom
e(l
oss
)ite
ms
with
dif
fere
nces
To
tal
inco
me
(lo
ss)
item
s
To
tal
exp
en
se/d
ed
ucti
on
item
s
Oth
er
ite
ms
with
no
diff
ere
nces
11
20
su
bg
rou
pre
co
nci
liatio
nto
tals
PC
insu
ran
cesu
bg
rou
pre
con
cilia
tion
tota
ls
Lif
ein
su
ran
ce
su
bg
rou
pre
con
cilia
tion
tota
ls
30
Reco
ncil
iati
on
tota
ls
JS
A8
C8
04
22
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
28
ADJUSTMENTS
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
===============
===============
===============
===============
===============
===============
===============
===============
---------------
===============
---------------
===============
---------------
===============
---------------
===============
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
110.
110.
4,663,080.
4,143.
4,658,937.
5,247,410.
5,247,410.
-370,786.
===============
-164,423.
===============
10,110.
===============
-525,099.
===============
-4,662,970.
===============
4,143.
===============
===============
-4,658,827.
===============
213,654.
-160,280.
10,110.
63,484.
213,654.
---------------
===============
-160,280.
---------------
===============
10,110.
---------------
===============
63,484.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 93 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sc
he
du
leM
-3,
Part
III
1 2 3 4 5 6 7 8 9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
30
31
32
33
34
35
36
37
38
39
U.S
.cu
rren
tin
com
eta
xexp
.
U.S
.d
efe
rred
incom
eta
xexp
.
Sta
tea
nd
loca
lcu
rren
tin
com
eta
xexp
.
Sta
tea
nd
loca
ld
efe
rred
inco
me
tax
exp
.
Fo
reig
ncu
rren
tin
com
eta
xexp
.
Fo
reig
nd
efe
rred
inco
me
tax
exp
.
Fo
reig
nw
ithh
old
ing
taxe
s
Inte
rest
exp
en
se
Sto
ck
op
tion
exp
en
se
Oth
er
eq
uity
-base
dcom
pen
satio
n
Me
als
an
den
tert
ain
men
t
Fin
es
an
dp
en
altie
s
Ju
dg
men
ts,
dam
ag
es,
aw
ard
s,
an
dsi
mila
rcosts
Para
chu
tep
aym
en
ts
Co
mp
en
sa
tio
nw
ith
sect
.162(m
)lim
itation
Pe
nsi
on
an
dp
rofit
-sh
arin
g
Oth
er
po
st-r
etir
em
en
tb
en
efit
s
De
ferr
ed
com
pen
sation
Ch
ari
tab
leco
ntr
ibu
tion
-ca
sh/t
an
gib
les
Ch
ari
tab
lecon
trib
utio
n-
inta
ng
ible
Ch
ari
tab
leco
ntr
ibu
tio
nlim
ita
tion
/carr
yforw
ard
Do
me
sti
cp
rod
uction
act
ivitie
sd
ed
uctio
nC
urr
en
tye
ar
acq
uis
ition
or
reorg
.in
vestm
en
tb
an
kin
gfe
es
Cu
rre
nt
ye
ar
acq
uis
ition
or
reorg
.le
galan
dacc
ou
ntin
gfe
es
Cu
rre
nt
ye
ar
acq
uis
ition
/reorg
.oth
er
cost
s
Am
ort
iza
tio
n/i
mp
air
me
nt
of
go
od
will
Am
ort
iza
tio
no
fa
cqu
isiti
on
an
dre
org
.
Oth
er
am
ort
.o
rim
pairm
en
tw
rite
-off
s
De
ple
tion
De
pre
cia
tion
Bad
deb
texp
en
se
Co
rpo
rate
ow
ne
dlif
ein
sura
nce
pre
miu
ms
Purc
hase
vers
us
lease
Re
searc
han
dd
eve
lop
men
tco
sts
Se
cti
on
11
8exc
lusi
on
Se
cti
on
16
2(r
)-
FD
ICpre
miu
ms
paid
by
cert
ain
larg
efi
na
ncia
lin
sti
tuti
ons
(see
instr
uct
ions)
Oth
er
exp
en
se
/de
d.
item
sw
ithd
iffer.
To
tal
exp
en
se/d
ed
ucti
on
item
s
JS
A8
C8
04
43
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
29
COMBINED
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
1,492.
-236.
1,256.
24,598.
24,598.
15,527.
-8,935.
6,592.
14,476.
14,476.
104,932.
-72,835.
32,097.
-221,303.
287,718.
66,415.
445,540.
-64,700.
-1,175.
379,665.
370,786.
---------------
===============
164,423.
---------------
===============
-10,110.
---------------
===============
525,099.
---------------
===============
KNIGHTHOUSE MEDIA INC. ELIMINATIONS
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
---------------
===============
---------------
===============
---------------
===============
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 94 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Sc
he
du
leM
-3,
Part
III
1 2 3 4 5 6 7 8 9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
30
31
32
33
34
35
36
37
38
39
U.S
.cu
rren
tin
com
eta
xexp
.
U.S
.d
efe
rred
incom
eta
xexp
.
Sta
tea
nd
loca
lcu
rren
tin
com
eta
xexp
.
Sta
tea
nd
loca
ld
efe
rred
inco
me
tax
exp
.
Fo
reig
ncu
rren
tin
com
eta
xexp
.
Fo
reig
nd
efe
rred
inco
me
tax
exp
.
Fo
reig
nw
ithh
old
ing
taxe
s
Inte
rest
exp
en
se
Sto
ck
op
tion
exp
en
se
Oth
er
eq
uity
-base
dcom
pen
satio
n
Me
als
an
den
tert
ain
men
t
Fin
es
an
dp
en
altie
s
Ju
dg
men
ts,
dam
ag
es,
aw
ard
s,
an
dsi
mila
rcosts
Para
chu
tep
aym
en
ts
Co
mp
en
sa
tio
nw
ith
sect
.162(m
)lim
itation
Pe
nsi
on
an
dp
rofit
-sh
arin
g
Oth
er
po
st-r
etir
em
en
tb
en
efit
s
De
ferr
ed
com
pen
sation
Ch
ari
tab
leco
ntr
ibu
tion
-ca
sh/t
an
gib
les
Ch
ari
tab
lecon
trib
utio
n-
inta
ng
ible
Ch
ari
tab
leco
ntr
ibu
tio
nlim
ita
tion
/carr
yforw
ard
Do
me
sti
cp
rod
uction
act
ivitie
sd
ed
uctio
nC
urr
en
tye
ar
acq
uis
ition
or
reorg
.in
vestm
en
tb
an
kin
gfe
es
Cu
rre
nt
ye
ar
acq
uis
ition
or
reorg
.le
galan
dacc
ou
ntin
gfe
es
Cu
rre
nt
ye
ar
acq
uis
ition
/reorg
.oth
er
cost
s
Am
ort
iza
tio
n/i
mp
air
me
nt
of
go
od
will
Am
ort
iza
tio
no
fa
cqu
isiti
on
an
dre
org
.
Oth
er
am
ort
.o
rim
pairm
en
tw
rite
-off
s
De
ple
tion
De
pre
cia
tion
Bad
deb
texp
en
se
Co
rpo
rate
ow
ne
dlif
ein
sura
nce
pre
miu
ms
Purc
hase
vers
us
lease
Re
searc
han
dd
eve
lop
men
tco
sts
Se
cti
on
11
8exc
lusi
on
Se
cti
on
16
2(r
)-
FD
ICpre
miu
ms
paid
by
cert
ain
larg
efi
na
ncia
lin
sti
tuti
ons
(see
instr
uct
ions)
Oth
er
exp
en
se
/de
d.
item
sw
ithd
iffer.
To
tal
exp
en
se/d
ed
ucti
on
item
s
JS
A8
C8
04
43
.00
0
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
30
ADJUSTMENTS
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
---------------
===============
---------------
===============
---------------
===============
---------------
===============
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
TEMPORARY
---------------
PERMANENT
---------------
PER INC STMT
---------------
PER TAX RETURN
---------------
1,492.
-236.
1,256.
24,598.
24,598.
15,527.
-8,935.
6,592.
14,476.
14,476.
104,932.
-72,835.
32,097.
-221,303.
287,718.
66,415.
445,540.
-64,700.
-1,175.
379,665.
370,786.
---------------
===============
164,423.
---------------
===============
-10,110.
---------------
===============
525,099.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 95 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
SCHEDULE M-3, PART III DETAIL
LINE 38 - OTHER EXP / DED ITEMS WITH DIFFERENCES
------------------------------------------------
RENT
PREPAID MAINTENANCE EXPENSE
DUES AND SUBSCRIPTIONS
TOTAL
31
COMBINED
-----------------------------------------------------------
TEMPORARY
--------------
PERMANENT
--------------
PER INC STMT
--------------
PER TAX RETURN
--------------
444,365.
389,702.
-10,037.
1,175.
-54,663.
-10,037.
-1,175.
-64,700.
--------------
==============
-1,175.
--------------
==============
445,540.
--------------
==============
379,665.
--------------
==============
KNIGHTHOUSE MEDIA INC. ELIMINATIONS
-----------------------------------------------------------
TEMPORARY
--------------
PERMANENT
--------------
PER INC STMT
--------------
PER TAX RETURN
--------------
--------------
==============
--------------
==============
--------------
==============
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 96 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
SCHEDULE M-3, PART III DETAIL
LINE 38 - OTHER EXP / DED ITEMS WITH DIFFERENCES
------------------------------------------------
RENT
PREPAID MAINTENANCE EXPENSE
DUES AND SUBSCRIPTIONS
TOTAL
32
ADJUSTMENTS
-----------------------------------------------------------
TEMPORARY
--------------
PERMANENT
--------------
PER INC STMT
--------------
PER TAX RETURN
--------------
--------------
==============
--------------
==============
--------------
==============
--------------
==============
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
-----------------------------------------------------------
TEMPORARY
--------------
PERMANENT
--------------
PER INC STMT
--------------
PER TAX RETURN
--------------
444,365.
389,702.
-10,037.
1,175.
-54,663.
-10,037.
-1,175.
-64,700.
--------------
==============
-1,175.
--------------
==============
445,540.
--------------
==============
379,665.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 97 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
SCHEDULE M-3, PART III DETAIL
LINE 38 - OTHER EXP / DED ITEMS WITH DIFFERENCES
------------------------------------------------
RENT
PREPAID MAINTENANCE EXPENSE
DUES AND SUBSCRIPTIONS
TOTAL
33
KNIGHTHOUSE MEDIA INC.
45-2805739
-----------------------------------------------------------
TEMPORARY
--------------
PERMANENT
--------------
PER INC STMT
--------------
PER TAX RETURN
--------------
-54,663.
-10,037.
-1,175.
444,365.
389,702.
-10,037.
1,175.
-64,700.
--------------
==============
-1,175.
--------------
==============
445,540.
--------------
==============
379,665.
--------------
==============
IDEAL MEDIA GROUP INC
46-3668071
-----------------------------------------------------------
TEMPORARY
--------------
PERMANENT
--------------
PER INC STMT
--------------
PER TAX RETURN
--------------
--------------
==============
--------------
==============
--------------
==============
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 98 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Co
st
of
Go
od
sS
old
1In
ve
nto
ry-
beg
inn
ing
2P
urc
hase
s
3C
ost
ofL
ab
or
4A
dd
tl.
26
3A
Costs
5O
ther
Cost
s
6T
ota
l
7In
ven
tory
-E
nd
ing
8C
ost
ofG
ood
sS
old
JS
A
8C
90
93
1.0
00
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
34
COMBINED
---------------
2,593,605.
2,065,332.
4,658,937.
---------------
4,658,937.
---------------
===============
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
---------------
---------------
---------------
===============
ADJUSTMENTS
---------------
---------------
---------------
===============
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
---------------
2,593,605.
2,065,332.
4,658,937.
---------------
4,658,937.
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 99 of 118
Co
ns
oli
da
ted
Sch
ed
ule
s
Co
st
of
Go
od
sS
old
1In
ve
nto
ry-
beg
inn
ing
2P
urc
hase
s
3C
ost
ofL
ab
or
4A
dd
tl.
26
3A
Costs
5O
ther
Cost
s
6T
ota
l
7In
ven
tory
-E
nd
ing
8C
ost
ofG
ood
sS
old
JS
A
8C
90
93
1.0
00
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
2799HT
L073
15:38:31
V18-7.19
45-2805739
45-2805739
STATEMENT
35
KNIGHTHOUSE
MEDIA INC.
45-2805739
---------------
2,593,605.
2,065,332.
4,658,937.
---------------
4,658,937.
---------------
===============
IDEAL MEDIA
GROUP INC
46-3668071
---------------
---------------
---------------
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 100 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
2799HT
L073
05/12/2020
15:38:31
V18-7.19
STATEMENT
=============================================
FORM 1125-A DETAIL
LINE 5 - OTHER COST OF GOODS SOLD
---------------------------------
EMPLOYMENT TAXES
EMPLOYEE BENEFITS
COMMISSIONS
MISCELLANEOUS
PRINTING EXPENSE
POSTAGE
REPRINT
PAPER
CUSTOM SALES EXPENSE
TOTAL
36
COMBINED
--------------
366,190.
165,977.
879,291.
282,675.
242,090.
37,701.
33,146.
54,144.
4,118.
2,065,332.
--------------
==============
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
--------------
--------------
==============
ADJUSTMENTS
--------------
--------------
==============
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
--------------
366,190.
165,977.
879,291.
282,675.
242,090.
37,701.
33,146.
54,144.
4,118.
2,065,332.
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 101 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
45-2805739
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STATEMENT
=============================================
FORM 1125-A DETAIL
LINE 5 - OTHER COST OF GOODS SOLD
---------------------------------
EMPLOYMENT TAXES
EMPLOYEE BENEFITS
COMMISSIONS
MISCELLANEOUS
PRINTING EXPENSE
POSTAGE
REPRINT
PAPER
CUSTOM SALES EXPENSE
TOTAL
37
KNIGHTHOUSE
MEDIA INC.
45-2805739
--------------
366,190.
165,977.
879,291.
282,675.
242,090.
37,701.
33,146.
54,144.
4,118.
2,065,332.
--------------
==============
IDEAL MEDIA
GROUP INC
46-3668071
--------------
--------------
==============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 102 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================================
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STATEMENT
FORM 1125-E DETAIL
NAME SOC SEC # % BUS % COM % PREF AMOUNT----------------------------------------------------------------------------------------------
38
COMPENSATION OF OFFICERS========================
KNIGHTHOUSE MEDIA INC.---------------------------------------------CHRISTOPHER SCHOFIELD 100.000 154,440.
TOTAL - COMPENSATION OF OFFICERS 154,440.------------
------------
COMPENSATION OF OFFICERS DEDUCTED ON TAX RETURN 154,440.============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 103 of 118
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21
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
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15:38:31
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45-2805739
STATEMENT
39
COMBINED
17,420.
6,792.
32,097.
7,885.
14,476.
14,476.
KNIGHTHOUSE
MEDIA INC.
ELIMINATIONS
ADJUSTMENTS
KNIGHTHOUSE
MEDIA INC. AND
SUBSIDIARY
17,420.
6,792.
32,097.
7,885.
14,476.
14,476.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 104 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
05/12/2020
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L073
15:38:31
V18-7.19
45-2805739
STATEMENT
40
KNIGHTHOUSE
MEDIA INC.
45-2805739
17,420.
6,792.
32,097.
7,885.
14,284.
14,284.
IDEAL MEDIA
GROUP INC
46-3668071
192.
192.
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 105 of 118
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739
======================================================================================================================================
STATEMENT 41
FORM 7004 - AFFILIATED GROUP MEMBERS
NAME
---------------------------------------------
EMPLOYER ID
-----------
NAME
---------------------------------------------
EMPLOYER ID
-----------
KNIGHTHOUSE MEDIA INC. 45-2805739 IDEAL MEDIA GROUP INC. 46-3668071
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 106 of 118
FORM 8916-A, PART I DETAIL
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
=========================================================================================================================
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45-2805739
STATEMENT
DESCRIPTION
PER INCOME STMT
TEMPORARY
DIFFERENCE
PERMANENT
DIFFERENCE
PER TAX RETURN
---------------------------------------------------------------------
----------------------------------------------------
42
LINE 6 - OTHER ITEMS WITH DIFFERENCES
-------------------------------------
KNIGHTHOUSE MEDIA INC.
---------------------------------------------
COST OF LABOR
2,597,748.
-4,143.
2,593,605.
SUBTOTAL
2,597,748.
---------------
---------------
-4,143.
---------------
---------------
---------------
---------------
2,593,605.
---------------
---------------
TOTAL
2,597,748.
===============
-4,143.
===============
===============
2,593,605.
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 107 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
FORM 8916-A, PART I DETAIL
43
LINE 7 - OTHER ITEMS WITH NO DIFFERENCES----------------------------------------
KNIGHTHOUSE MEDIA INC.---------------------------------------------OTHER ITEMS WITH NO DIFFERENCES 2,065,332.
SUBTOTAL 2,065,332.---------------
---------------
TOTAL 2,065,332.===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 108 of 118
FORM 8916-A, PART II DETAIL
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
=========================================================================================================================
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V18-7.19
45-2805739
STATEMENT
DESCRIPTION
PER INCOME STMT
TEMPORARY
DIFFERENCE
PERMANENT
DIFFERENCE
PER TAX RETURN
---------------------------------------------------------------------
----------------------------------------------------
44
LINE 5 - OTHER INTEREST INCOME
------------------------------
KNIGHTHOUSE MEDIA INC.
---------------------------------------------
OTHER INTEREST INCOME
110.
110.
SUBTOTAL
110.
---------------
---------------
---------------
---------------
---------------
---------------
110.
---------------
---------------
TOTAL
110.
===============
===============
===============
110.
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 109 of 118
FORM 8916-A, PART III DETAIL
KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY
45-2805739
=========================================================================================================================
2799HT
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45-2805739
STATEMENT
DESCRIPTION
PER INCOME STMT
TEMPORARY
DIFFERENCE
PERMANENT
DIFFERENCE
PER TAX RETURN
---------------------------------------------------------------------
----------------------------------------------------
45
LINE 4 - OTHER INTEREST EXPENSE
-------------------------------
KNIGHTHOUSE MEDIA INC.
---------------------------------------------
OTHER INTEREST EXPENSE
24,598.
24,598.
SUBTOTAL
24,598.
---------------
---------------
---------------
---------------
---------------
---------------
24,598.
---------------
---------------
TOTAL
24,598.
===============
===============
===============
24,598.
===============
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 110 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
46
TAXES EXCLUDING INCOME TAXES----------------------------
003 EMPLOYMENT TAXES004 OTHER TAXES
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 111 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
47
TAXES (STATE AND LOCAL)-----------------------
081 STATE INCOME TAXES
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 112 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
48
OTHER DEDUCTIONS----------------
002 WEBSITE FEES003 COMPUTER/IT004 BANK/CREDIT FEES005 RECRUITING006 CLEANER/MAINTENANCE007 PAYROLL PROCESS EXPENSE009 CONSULTING011 REFRESHMENTS013 OFFICE EXPENSES014 EDIT AND ART EXPENSES015 EQUIPMENT RENTAL088 INSURANCE089 UTILITIES AND TELEPHONE090 VEHICLE EXPENSE091 LEGAL AND ACCOUNTING092 MISCELLANEOUS EXPENSE094 OFFICE SUPPLIES095 POSTAGE AND SUPPLIES43A TRAVEL, MEALS AND ENTERTAINMENT44A AMORTIZATION
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 113 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
49
OTHER COSTS OF GOODS SOLD-------------------------
002 EMPLOYMENT TAXES003 EMPLOYEE BENEFITS004 COMMISSIONS005 MISCELLANEOUS007 PRINTING EXPENSE008 POSTAGE009 REPRINT010 PAPER012 CUSTOM SALES EXPENSE
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 114 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
50
OTHER CURRENT ASSETS--------------------
002 PREPAID EXPENSE003 DEPOSITS005 INTERCOMPANY RECEIVABLE009 OTHER CURRENT ASSETS
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 115 of 118
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KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739
==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
51
OTHER CURRENT LIABILITIES-------------------------
002 OTHER ACCRUED EXPENSES004 DEFERRED REVENUE009 ACCRUED PAYROLL TAX012 DEFERRED RENT013 FEDERAL TAX PAYABLE015 INTERCOMPANY PAYABLE
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==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
52
EXPENSES ON BOOKS NOT IN RETURN-------------------------------
004 ACCRUED VACATION EXPENSE006 RENT EXPENSE009 LOAN INTEREST PAID61B BAD DEBTS
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==============================================================================
STATEMENT
CONSOLIDATED CROSSTIE INDEX
CROSSTIE CODES--------------
DESCRIPTIONS USED IN RETURN---------------------------
53
DEDUCTIONS IN RETURN NOT ON BOOKS---------------------------------
003 PREPAID MAINTENANCE EXPENSE004 STATE TAXES63C AMORTIZATION
Case 20-12448-JTD Doc 1 Filed 10/02/20 Page 118 of 118