Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Changes in Stockholders' Equity (Deficit)

v3.20.1
Consolidated Statement of Changes in Stockholders' Equity (Deficit) - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2017 $ 3,000 $ (235,630) $ (232,630)
Balance, shares at Dec. 31, 2017 3,000,000        
Sale of common stock - investors in the IPO, net of offering costs $ 1,313 5,313,863 5,315,176
Sale of common stock - investors in the IPO, net of offering costs, shares 1,312,520        
Issuance of common stock to employees $ 104 559,395 559,499
Issuance of common stock to employees, shares 103,636        
Issuance of common stock to note holders $ 33 167,467 167,500
Issuance of common stock to note holders, shares 33,500        
Issuance of common stock to vendors for services $ 159 800,841   801,000
Issuance of common stock to vendors for services, shares 158,797        
Acquisition of Edison Nation Holdings, LLC - issuance of common stock to satisfy indebtedness $ 557 3,383,728   3,384,285
Acquisition of Edison Nation Holdings, LLC - issuance of common stock to satisfy indebtedness, shares 557,084        
Acquisition of Cloud B, Inc. - issuance of common stock $ 489 2,663,711 2,664,200
Acquisition of Cloud B, Inc. - issuance of common stock, shares 489,293        
Acquisition of Cloud B, Inc. - noncontrolling interest 1,158,000 1,158,000
Acquisition of Best Party Concepts, LLC - deemed distribution and noncontrolling interest (692,533) (192,533) (885,066)
Acquisition of Pirasta, LLC - deemed distribution (188,552) (188,552)
Beneficial conversion option on indebtedness related to acquisition of Edison Nation Holdings, LLC 500,000 500,000
Shares reserved for future issuance of common stock to sellers of Edison Nation Holdings, LLC 6,014,250 6,014,250
Stock-based compensation 2,025,994 2,025,994
Net loss (5,330,126) (13,891) (5,344,017)
Balance at Dec. 31, 2018 $ 5,655 20,548,164 (5,565,756) 951,576 15,939,639
Balance, shares at Dec. 31, 2018 5,654,830        
Sale of common stock - investors in the IPO, net of offering costs $ 1,175 2,038,128 2,039,303
Sale of common stock - investors in the IPO, net of offering costs, shares 1,175,000        
Issuance of common stock to employees $ 3 8,847 8,850
Issuance of common stock to employees, shares 3,000        
Issuance of common stock to note holders $ 286 386,994 387,280
Issuance of common stock to note holders, shares 286,005        
Issuance of common stock to vendors for services $ 292 738,008 738,300
Issuance of common stock to vendors for services, shares 291,736        
Stock-based compensation 1,248,121 1,248,121
Issuance of common stock - Uber Mom in connection with acquisition of assets $ 45 98,568 98,613
Issuance of common stock - Uber Mom in connection with acquisition of assets, shares 45,000        
Issuance of common stock upon the conversion of debt $ 560 1,119,810 1,120,370
Issuance of common stock upon the conversion of debt, shares 560,185        
Issuance of warrants - note holders 72,936 72,936
Net loss (12,929,706) (1,269,274) (14,198,980)
Balance at Dec. 31, 2019 $ 8,016 $ 26,259,576 $ (18,495,462) $ (317,698) $ 7,454,432
Balance, shares at Dec. 31, 2019 8,015,756