Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 130,779,948 $ 87,612,176
Restricted cash - short term 100,000,000
Short-term investments 220,000 178,000
Accounts receivable, net 9,117,096 1,124,421
Inventory, net 447,636 475,666
Prepaid expenses and other current assets 10,659,851 10,403,401
Loans held-for-investment- current portion 11,600,000 3,950,000
Due from related party 19,600,584 15,997,803
Total current assets 182,425,115 219,741,467
Restricted cash long-term 80,000,000
Property and equipment, net 1,785,226 1,376,751
Right of use assets, net 133,310 168,914
Loan held-for-investment 750,000 250,000
Loan held-for-investment - related parties 13,500,000 20,500,000
Intangible assets, net 39,009,383 40,525,453
Goodwill 180,419,932 121,580,144
Cost method investments 1,000,000 1,000,000
Other assets 1,655,742
Total assets 500,678,709 405,142,729
Current liabilities:    
Accounts payable 11,554,079 6,105,963
Accrued expenses and other current liabilities 10,600,949 19,516,308
Current portion of operating lease liabilities 77,231 100,733
Current portion of convertible notes payable, net of debt issuance costs of $13,343,030 and $68,911,823, respectively 19,769,795 44,238,177
Current portion of notes payable 15,530
Current portion of notes payable - related parties 112,835 112,835
Total current liabilities 42,114,889 70,089,546
Operating lease liabilities, net of current portion 58,713 70,514
Convertible notes payable - related parties, net of current portion 2,500,000 2,500,000
Notes payable -related parties, net of current portion 108,923 121,037
Convertible notes payable, net of current portion, net of debt issuance costs of $35,491,435 and $0, respectively. 44,399,079
Derivative liability 429,167,462 198,566,170
Deferred tax liability 108,420 108,420
Deferred acquisition purchase price 23,250,000
Total Liabilities 541,707,486 271,455,687
Commitments and contingencies (Note 14)  
Stockholders’ equity (deficit)    
Common stock, $0.001 par value, 250,000,000 shares authorized; 188,052,593 and 150,118,024 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 188,053 150,118
Additional paid-in capital 1,053,407,146 850,096,635
Accumulated deficit (1,109,769,797) (736,821,840)
Total stockholders’ equity (deficit) attributable to Vinco Ventures, Inc. (56,174,598) 113,424,913
Noncontrolling interest 15,145,821 20,262,129
Total stockholders’ equity (deficit) (41,028,777) 133,687,042
Total liabilities and stockholders’ equity (deficit) $ 500,678,709 $ 405,142,729