Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues, net $ 2,231,986 $ 2,522,141 $ 7,488,959 $ 9,649,469
Cost of revenues 1,531,840 1,505,234 4,906,410 6,873,889
Gross profit 700,146 1,016,907 2,582,549 2,775,580
Operating expenses:        
Selling, general and administrative 25,869,419 2,617,961 43,471,951 8,185,477
Operating loss (25,169,273) (1,601,054) (40,889,402) (5,409,897)
Other (expense) income:        
Rental income 17,136 25,704 71,543 77,111
Interest expense (27,012,312) (1,004,627) (42,422,726) (2,575,738)
Loss on issuance of warrants (206,948,147) (415,803,862)
Change in fair value of warrant liability (287,117,556) (287,891,003)
Change in fair value of short-term investment (614,000) (736,000)
Loss on disposal of interest in joint venture (301,645)
Other income 649,009 649,009
Total other (expense) income (521,025,870) (978,923) (746,434,684) 2,498,627
Loss before income taxes (546,195,143) (2,579,977) (787,324,086) (7,908,524)
Income tax expense
Net loss from continuing operations (546,195,143) (2,579,977) (787,324,086) (7,908,524)
Net loss attributable to noncontrolling interests (3,885,333) (37,439) (3,834,756) (15,198)
Net loss from continuing operations attributable to Vinco Ventures, Inc. (542,309,810) (2,542,538) (783,489,330) (7,893,326)
Net income (loss) from discontinued operations (153,320) (291,506) (5,112,100) 4,704,394
Provision for income taxes for discontinued operations
Net loss attributable to Vinco Ventures, Inc. $ (542,463,130) $ (2,834,044) $ (788,601,430) $ (3,188,932)
Net loss per share:        
Net loss per share - basic $ (7.59) $ (0.30) $ (18.63) $ (0.29)
Net loss per share - diluted $ (7.59) $ (0.30) $ (18.63) $ (0.29)
Weighted average number of common shares outstanding – basic and diluted 71,516,431 9,324,023 42,326,468 10,853,242