Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.19.1
Acquisition (Tables)
3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information [Table Text Block]
The following represents the pro forma consolidated income statement as if the acquisitions had been included in the consolidated results of the Company for the three months ended March 31, 2018:
 
 
 
Three Months

Ended March 31,
2018
 
 
 
 
 
Revenues, net
 
$
5,380,494
 
Cost of revenues
 
 
3,227,171
 
Gross profit
 
 
2,153,323
 
 
 
 
 
 
Operating expenses:
 
 
 
 
Selling, general and administrative
 
 
3,729,957
 
Operating loss
 
 
(1,576,634
)
 
 
 
 
 
Other (expense) income:
 
 
 
 
Other (expense) income
 
 
(101,113
)
Loss before income taxes
 
 
(1,677,747
)
Income tax expense
 
 
65,073
 
Net loss
 
$
(1,742,820
)
Net loss attributable to noncontrolling interests
 
 
(29,613
)
Net loss attributable to Edison Nation, Inc.
 
 
(1,713,207
)
Net loss per share - basic and diluted
 
$
(0.42
)
Weighted average number of common shares outstanding – basic and diluted
 
 
4,046,377