Annual report pursuant to Section 13 and 15(d)

Acquisition (Details 1)

v3.19.1
Acquisition (Details 1) - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Business Acquisition [Line Items]    
Goodwill $ 9,736,510 $ 0
Edison Nation Holdings, LLC [Member]    
Business Acquisition [Line Items]    
Cash and cash equivalents 68,681  
Accounts receivable 15,958  
Inventory 0  
Other assets 39,691  
Property and equipment 1,852  
Goodwill 5,497,242  
Intangible assets 6,400,000  
Total assets acquired 12,023,424  
Debt 0  
Accounts payable 227,025  
Accrued expenses and other liabilities 19,703  
Total liabilities assumed 246,728  
Noncontrolling interest 0  
Distribution to shareholder 0  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net 11,776,696  
Cloud B, Inc. [Member]    
Business Acquisition [Line Items]    
Cash and cash equivalents 104,744  
Accounts receivable 636,755  
Inventory 566,500  
Other assets 172,747  
Property and equipment 53,345  
Goodwill 3,884,432  
Intangible assets 6,600,000  
Total assets acquired 12,018,523  
Debt 1,400,000  
Accounts payable 5,748,797  
Accrued expenses and other liabilities 527,526  
Total liabilities assumed 7,676,323  
Noncontrolling interest 1,158,000  
Distribution to shareholder 0  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net 3,184,200  
Pirasta, LLC [Member]    
Business Acquisition [Line Items]    
Cash and cash equivalents 3,629  
Accounts receivable 7,696  
Inventory 36,537  
Other assets 0  
Property and equipment 0  
Goodwill 354,836  
Intangible assets 0  
Total assets acquired 402,698  
Debt 0  
Accounts payable 2,052  
Accrued expenses and other liabilities 119,198  
Total liabilities assumed 121,250  
Noncontrolling interest 0  
Distribution to shareholder 188,552 0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net 470,000  
Best Party Concepts, LLC [Member]    
Business Acquisition [Line Items]    
Cash and cash equivalents 365  
Accounts receivable 6,906  
Inventory 139,918  
Other assets 4,356  
Property and equipment 10,931  
Goodwill 0  
Intangible assets 0  
Total assets acquired 162,476  
Debt 0  
Accounts payable 34,041  
Accrued expenses and other liabilities 513,502  
Total liabilities assumed 547,543  
Noncontrolling interest (192,534)  
Distribution to shareholder 692,533 $ 0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net $ 500,000