Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

v3.19.1
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
Total
Cloud B Inc [Member]
Edison Nation Holdings, LLC [Member]
Best Party Concepts, LLC [Member]
Pirasta, LLC [Member]
Common Stock [Member]
Common Stock [Member]
Cloud B Inc [Member]
Common Stock [Member]
Edison Nation Holdings, LLC [Member]
Common Stock [Member]
Best Party Concepts, LLC [Member]
Common Stock [Member]
Pirasta, LLC [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Cloud B Inc [Member]
Additional Paid-in Capital [Member]
Edison Nation Holdings, LLC [Member]
Additional Paid-in Capital [Member]
Best Party Concepts, LLC [Member]
Additional Paid-in Capital [Member]
Pirasta, LLC [Member]
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Cloud B Inc [Member]
Accumulated Deficit [Member]
Edison Nation Holdings, LLC [Member]
Accumulated Deficit [Member]
Best Party Concepts, LLC [Member]
Accumulated Deficit [Member]
Pirasta, LLC [Member]
Noncontrolling Interest [Member]
Noncontrolling Interest [Member]
Cloud B Inc [Member]
Noncontrolling Interest [Member]
Edison Nation Holdings, LLC [Member]
Noncontrolling Interest [Member]
Best Party Concepts, LLC [Member]
Noncontrolling Interest [Member]
Pirasta, LLC [Member]
Balance at Dec. 31, 2016 $ 1,263,659         $ 3,000         $ 746,526         $ 514,133         $ 0        
Balance (in shares) at Dec. 31, 2016           3,000,000                                      
Dividends (3,029,720)         $ 0         (746,526)         (2,283,194)         0        
Net income (loss) 1,533,431         0         0         1,533,431         0        
Balance at Dec. 31, 2017 (232,630)         $ 3,000         0         (235,630)         0        
Balance (in shares) at Dec. 31, 2017           3,000,000                                      
Sale of common stock – investors in the IPO, net of offering costs of $1,247,424 5,315,176         $ 1,313         5,313,863         0         0        
Sale of common stock – investors in the IPO, net of offering costs of $1,247,424 (in shares)           1,312,520                                      
Issuance of common stock to employees 559,499         $ 104         559,395         0         0        
Issuance of common stock to employees (in shares)           103,636                                      
Issuance of common stock to note holders 167,500         $ 33         167,467         0         0        
Issuance of common stock to note holders (in shares)           33,500                                      
Issuance of common stock to vendors for services 801,000         $ 159         800,841         0         0        
Issuance of common stock to vendors for services (in shares)           158,797                                      
Issuance of common stock   $ 2,664,200 $ 3,384,285 $ (885,066) $ (188,552)   $ 489 $ 557 $ 0 $ 0   $ 2,663,711 $ 3,383,728 $ 692,533 $ (188,552)   $ 0 $ 0 $ 0 $ 0   $ 0 $ 0 $ (192,533) $ 0
Issuance of common stock (in shares)             489,293 557,084 0 0                              
Acquisition of Cloud B, Inc. – noncontrolling interest 1,158,000         $ 0         0         0         1,158,000        
Beneficial conversion option on indebtedness related to acquisition of Edison Nation Holdings, LLC 500,000         0         500,000         0         0        
Shares reserved for future issuance of common stock to sellers of Edison Nation Holdings, LLC 6,014,250         0         6,014,250         0         0        
Stock-based compensation 2,025,994         0         2,025,994         0         0        
Net income (loss) (5,330,126)         0         0         (5,330,126)         (13,891)        
Balance at Dec. 31, 2018 $ 15,939,639         $ 5,655         $ 20,548,164         $ (5,565,756)         $ 951,576        
Balance (in shares) at Dec. 31, 2018           5,654,830