Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flow from Operating Activities    
Net loss from continuing operations attributable to Vinco Ventures, Inc. $ (783,489,330) $ (7,893,326)
Net income attributable to noncontrolling interests (3,834,756) (15,198)
Net loss from continuing operations (787,324,086) (7,908,524)
Adjustments to reconcile net (income) loss to net cash used in operating activities:    
Discontinued operations (5,112,100) 4,704,394
Depreciation and amortization 5,013,544 938,844
Amortization of financing costs 42,324,603 2,015,422
Stock-based compensation 16,829,359 2,765,022
Amortization of right of use asset 80,333 226,167
Gain on debt extinguishment (852,352)
Loss (gain) on divestiture 4,130,580 (4,911,760)
Loss on disposal of joint venture 304,643
Change in fair value of short-term investments 736,000
Loss on issuance of warrants 415,803,862
Change in fair value of warrant liability 287,891,003
Changes in assets and liabilities:    
Accounts receivable (591,061) (1,037,432)
Inventory 232,213 (146,126)
Prepaid expenses and other current assets (2,835,791) (612,276)
Accounts payable 2,027,185 (367,355)
Accrued expenses and other current liabilities (356,941) 1,237,169
Operating lease liabilities (80,582) (219,608)
Due from related party (17,050) 4,753
Net cash used in operating activities (21,796,639) (3,311,310)
Cash Flows from Investing Activities    
Purchase of property and equipment (281,164) (193,429)
Cash received from sale of assets of CBAV 1, LLC 2,529,565
Acquisition, net of cash received (90,761,200)
Funding of loan receivable (20,150,000)
Net cash used in investing activities (108,662,799) (193,429)
Cash Flows from Financing Activities    
Borrowings under line of credit 1,144,100
Borrowings under convertible notes payable 122,000,000 1,660,000
Borrowings under notes payable 73,000 1,739,852
Repayments under lines of credit (379,333)
Repayments under notes payable (1,143,318) (947,127)
Repayments under convertible notes payable (1,498,462)
Repayments under notes payable- related parties (2,714,677) (14,508)
Fees paid for financing costs (10,205,678) (33,762)
Distributions (71,931)
Net proceeds from issuance of common stock 6,055,000
Net proceeds from exercise of warrants 167,961,099
Net cash provided by financing activities 280,147,631 3,476,624
Net increase (decrease) in cash and cash equivalents, and restricted cash 149,688,193 (28,115)
Cash and cash equivalents, and restricted cash – beginning of period 249,356 412,719
Cash and cash equivalents, and restricted cash - end of period 149,937,549 384,604
Cash paid during the period for:    
Interest 976,282 239,682
Income taxes 235,725
Noncash investing and financing activity:    
Shares issued to note holders 422,672 2,292,864
Shares issued to holder of line of credit 1,178,750
Shares issued for the divestiture of Cloud B, Inc. 405,000
Shares issued for the acquisition of Lomotif Private Limited 10,135,000
Conversions under notes payable 31,251,007 1,524,000
Issuance of warrants to note holders 102,938,515 1,018,953
Shares reserved for EVNT, LLC 7,400,000
Distribution for issuance of shares to noncontrolling interest members of Global Clean Solutions, LLC $ 699,000