Condensed Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
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| Income Statement [Abstract] | ||||
| Revenues, net | $ 4,251,147 | $ 3,532,645 | $ 14,798,283 | $ 15,239,434 |
| Cost of revenues | 2,668,864 | 2,544,058 | 9,977,060 | 10,413,868 |
| Gross profit | 1,582,283 | 988,587 | 4,821,223 | 4,825,566 |
| Operating expenses: | ||||
| Selling, general and administrative | 3,474,844 | 3,296,323 | 10,438,487 | 9,738,107 |
| Operating loss | (1,892,561) | (2,307,736) | (5,617,264) | (4,912,541) |
| Other (expense) income: | ||||
| Rental income | 25,704 | 25,704 | 77,111 | 77,111 |
| Other income | 4,911,760 | |||
| Interest expense | (1,004,626) | (349,172) | (2,575,737) | (875,036) |
| Total other (expense) income | (978,922) | (323,468) | 2,413,134 | (797,925) |
| Loss before income taxes | (2,871,483) | (2,631,204) | (3,204,130) | (5,710,466) |
| Income tax expense | 74,200 | |||
| Net loss | (2,871,483) | (2,631,204) | (3,204,130) | (5,784,666) |
| Net income (loss) attributable to noncontrolling interests | (37,439) | (49,103) | (15,198) | (31,858) |
| Net loss attributable to Vinco Ventures, Inc. | $ (2,834,044) | $ (2,582,101) | $ (3,188,932) | $ (5,752,808) |
| Net loss per share | ||||
| - basic and diluted | $ (0.30) | $ (0.44) | $ (0.29) | $ (1.00) |
| Weighted average number of common shares outstanding - basic and diluted | 9,324,023 | 5,834,167 | 10,853,242 | 5,733,379 |
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Income earned by providing the use of assets to an outside party in exchange for a payment or series of payments that is nonoperating in nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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