v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Total revenue, net $ 11,534,819 $ 2,565,162
Cost of revenues    
Total costs of revenue 10,933,656 1,653,381
Gross profit 601,163 911,781
Operating expenses:    
Selling, general and administrative 26,798,107 11,660,880
Total Operating Expenses 26,798,107 11,660,880
Operating loss (26,196,944) (10,749,099)
Other income (expense):    
Interest income (expense) (22,427,461) (12,694,933)
Loss on issuance of warrants (243,681,478) (75,156,534)
Change in fair value of warrant liability (86,948,858) 36,381,542
Other income (loss) 149,594 (44,296)
Total other income (expense) (352,908,203) (51,514,221)
Loss before income taxes (379,105,147) (62,263,320)
Income tax expense
Net loss (379,105,147) (62,263,320)
Net (loss) income attributable to noncontrolling interests (6,157,190) 28,034
Net loss attributable to Vinco Ventures, Inc. from continuing operations (372,947,957) (62,291,354)
Net Loss from discontinued operations (178,200)
Net loss attributable to Vinco Ventures, Inc. $ (372,947,957) $ (62,469,554)
Net loss per share- basic and diluted    
Net loss per share- continuing operations $ (3.05) $ (3.27)
Net loss per share- discontinued operations (0.01)
Net loss per share $ (3.05) $ (3.28)
Weighted Average Number of Common Shares Outstanding -basic and diluted 122,176,851 19,055,006
Product sales [Member]    
Revenues    
Total revenue, net $ 3,757,552 $ 2,153,306
Digital advertising and media sales [Member]    
Revenues    
Total revenue, net 7,726,369 350,566
Cost of revenues    
Total costs of revenue 7,776,663 260,318
Licensing revenues [Member]    
Revenues    
Total revenue, net 50,898 61,290
Packaging products [Member]    
Cost of revenues    
Total costs of revenue $ 3,156,993 $ 1,393,063

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