v3.21.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 249,356 $ 234,234
Accounts receivable, net 1,603,127 1,304,783
Short-term investments 1,018,000
Inventory 1,687,462 1,242,486
Prepaid expenses and other current assets 784,238 885,766
Current assets of discontinued operation 1,288,096
Total current assets 5,342,183 4,955,365
Property and equipment, net 1,010,801 875,919
Right of use assets, net 153,034 732,100
Intangible assets, net 15,538,337 11,598,063
Goodwill 5,983,852 5,392,123
Non-current assets of discontinued operation 56,049
Total assets 28,028,207 23,609,619
Current liabilities:    
Accounts payable 4,105,794 6,015,595
Accrued expenses and other current liabilities 2,101,610 1,485,062
Deferred revenues 152,040 159,591
Current portion of operating leases liabilities 96,777 272,215
Income tax payable 27,643 22,919
Line of credit, net of debt issuance costs of $0 and $15,573, respectively 1,500,953 456,995
Current portion of convertible notes payable, net of debt issuance costs of $13,844 and $0, respectively 577,260
Current portion of notes payable, net of debt issuance costs of $34,997 and $212,848, respectively 1,301,212 1,365,675
Current portion of notes payable - related parties 1,389,923 1,686,352
Due to related party 32,452 17,253
Current liabilities of discontinued operation 1,491,662
Total current liabilities 11,285,663 12,973,319
Operating leases liabilities -net of current portion 58,713 482,212
Convertible notes payable - related parties, net of current portion, net of debt discount of $266,667 and $366,666, respectively 1,161,495 1,061,495
Notes payable, net of current portion 595,879 42,492
Notes payable - related parties, net of current portion 1,403,756 1,595,669
Total liabilities 14,505,506 16,155,187
Commitments and Contingencies (Note 16)
Stockholders' equity    
Preferred stock
Common stock, $0.001 par value, 250,000,000 shares authorized 14,471,403 and 8,015,756 shares issued and outstanding as of December 31, 2020 and 2019, respectively 14,471 8,016
Additional paid-in-capital 39,050,260 26,259,575
Accumulated deficit (23,648,898) (18,495,461)
Total stockholders' equity attributable to Vinco Ventures, Inc. 15,416,598 7,772,130
Noncontrolling interests (1,893,897) (317,698)
Total stockholders' equity 13,522,701 7,454,432
Total liabilities and stockholders' equity 28,028,207 23,609,619
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred stock $ 765

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