v3.20.2
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
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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