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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues, net $ 3,532,645 $ 4,940,188 $ 15,239,434 $ 12,758,715
Cost of revenues 2,544,058 3,637,000 10,413,868 9,090,215
Gross profit 988,587 1,303,188 4,825,566 3,668,500
Operating expenses:        
Selling, general and administrative 3,296,323 2,065,655 9,738,107 6,276,830
Operating loss (2,307,736) (762,467) (4,912,541) (2,608,330)
Other (expense) income:        
Rental income 25,704 25,704 77,111 77,111
Change in fair value of put option contract 0 (732,600) 0 (732,600)
Interest expense (349,172) (42,130) (875,036) (407,267)
Total other (expense) income (323,468) (749,026) (797,925) (1,062,756)
Loss before income taxes (2,631,204) (1,511,493) (5,710,466) (3,671,086)
Income tax expense 0 167,813 74,200 312,186
Net loss (2,631,204) (1,679,306) (5,784,666) (3,983,272)
Net loss attributable to noncontrolling interests (49,103) 0 (31,858) 0
Net loss attributable to Edison Nation, Inc. $ (2,582,101) $ (1,679,306) $ (5,752,808) $ (3,983,272)
Net loss per share - basic and diluted $ (0.44) $ (0.37) $ (1.00) $ (1.11)
Weighted average number of common shares outstanding - basic and diluted 5,834,167 4,560,607 5,733,379 3,577,942

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