v3.21.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 5,525,744 $ 249,356
Accounts receivable, net 1,683,294 1,382,163
Short-term investments 948,000 1,018,000
Inventory 1,123,261 1,127,725
Prepaid expenses and other current assets 603,966 522,259
Current assets of discontinued operations 1,354,546 1,042,680
Total current assets 11,238,811 5,342,183
Property and equipment, net 996,217 1,010,801
Right of use assets, net 128,871 153,034
Loan receivable 5,000,000
Equity method investment 7,000,000
Intangible assets, net 9,485,370 9,798,813
Goodwill 5,983,852 5,983,852
Non-current assets of discontinued operations 5,640,238 5,739,524
Total assets 45,473,359 28,028,207
Current liabilities:    
Accounts payable 1,339,009 3,618,339
Accrued expenses and other current liabilities 1,344,750 2,101,610
Deferred revenues 131,578 152,040
Current portion of operating leases liabilities 73,054 96,777
Income tax payable 27,643 27,643
Line of credit, net of debt issuance costs of $0 and $15,573, respectively 1,133,652 1,500,953
Current portion of convertible notes payable, net of debt issuance costs of $9,827,778 and $0, respectively 1,172,222 577,260
Current portion of notes payable, net of debt issuance costs of $0 and $212,848, respectively 441,192 1,301,212
Current portion of notes payable - related parties 876,500 1,389,923
Due to related party 15,450 32,452
Current liabilities of discontinued operations 589,363 487,454
Total current liabilities 7,144,413 11,285,663
Operating leases liabilities -net of current portion 58,713 58,713
Convertible notes payable - related parties, net of current portion, net of debt discount of $172,984 and $366,666, respectively 249,288 1,161,495
Notes payable, net of current portion 450,002 595,879
Notes payable - related parties, net of current portion 1,291,013 1,403,756
Warrant liability 58,235,565
Total liabilities 67,428,994 14,505,506
Stockholders' equity    
Preferred Stock
Common stock, $0.001 par value, 250,000,000 shares authorized 25,685,981 and 14,471,403 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 25,686 14,471
Additional paid-in-capital 66,002,229 39,050,260
Accumulated deficit (86,118,452) (23,648,898)
Total stockholders' (deficit) equity attributable to Vinco Ventures, Inc. (20,089,772) 15,416,598
Noncontrolling interests (1,865,863) (1,893,897)
Total stockholders' equity (21,955,635) 13,522,701
Total liabilities and stockholders' equity 45,473,359 28,028,207
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred Stock $ 765 $ 765

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