v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues, net $ 3,667,110 $ 5,738,534
Cost of revenues 2,418,412 3,945,558
Gross profit 1,248,698 1,792,976
Operating expenses:    
Selling, general and administrative 4,192,713 3,049,188
Operating loss (2,944,015) (1,256,212)
Other (expense) income:    
Rental income 25,704 25,704
Interest expense (723,957) (124,694)
Gain on divestiture 4,911,760
Total other income (expense), net 4,213,507 (98,990)
Income (loss) before income taxes 1,269,492 (1,355,202)
Income tax expense 23,195
Net income (loss) 1,269,492 (1,378,397)
Net (loss) income attributable to noncontrolling interests 56,893
Net income (loss) attributable to Edison Nation, Inc. $ 1,269,492 $ (1,435,290)
Net income (loss) per share - basic $ 0.16 $ (0.25)
Net income (loss) per share - diluted $ 0.13 $ (0.25)
Weighted average number of common shares outstanding - basic 8,181,470 5,661,380
Weighted average number of common shares outstanding - diluted 9,637,421 5,661,380

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