Vinco Ventures (BBIG) 10-Q 24 May 21 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 24, 2021
Cover [Abstract]
Entity Registrant Name	Vinco Ventures, Inc.
Entity Central Index Key	0001717556
Document Type	10-Q
Document Period End Date	Mar. 31, 2021
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		27,935,586
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 5,525,744	$ 249,356
Accounts receivable, net	1,683,294	1,382,163
Short-term investments	948,000	1,018,000
Inventory	1,123,261	1,127,725
Prepaid expenses and other current assets	603,966	522,259
Current assets of discontinued operations	1,354,546	1,042,680
Total current assets	11,238,811	5,342,183
Property and equipment, net	996,217	1,010,801
Right of use assets, net	128,871	153,034
Loan receivable	5,000,000
Equity method investment	7,000,000
Intangible assets, net	9,485,370	9,798,813
Goodwill	5,983,852	5,983,852
Non-current assets of discontinued operations	5,640,238	5,739,524
Total assets	45,473,359	28,028,207
Current liabilities:
Accounts payable	1,339,009	3,618,339
Accrued expenses and other current liabilities	1,344,750	2,101,610
Deferred revenues	131,578	152,040
Current portion of operating leases liabilities	73,054	96,777
Income tax payable	27,643	27,643
Line of credit, net of debt issuance costs of $0 and $15,573, respectively	1,133,652	1,500,953
Current portion of convertible notes payable, net of debt issuance costs of $9,827,778 and $0, respectively	1,172,222	577,260
Current portion of notes payable, net of debt issuance costs of $0 and $212,848, respectively	441,192	1,301,212
Current portion of notes payable - related parties	876,500	1,389,923
Due to related party	15,450	32,452
Current liabilities of discontinued operations	589,363	487,454
Total current liabilities	7,144,413	11,285,663
Operating leases liabilities -net of current portion	58,713	58,713
Convertible notes payable - related parties, net of current portion, net of debt discount of $172,984 and $366,666, respectively	249,288	1,161,495
Notes payable, net of current portion	450,002	595,879
Notes payable - related parties, net of current portion	1,291,013	1,403,756
Warrant liability	58,235,565
Total liabilities	67,428,994	14,505,506
Stockholders' equity
Preferred Stock
Common stock, $0.001 par value, 250,000,000 shares authorized 25,685,981 and 14,471,403 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	25,686	14,471
Additional paid-in-capital	66,002,229	39,050,260
Accumulated deficit	(86,118,452)	(23,648,898)
Total stockholders' (deficit) equity attributable to Vinco Ventures, Inc.	(20,089,772)	15,416,598
Noncontrolling interests	(1,865,863)	(1,893,897)
Total stockholders' equity	(21,955,635)	13,522,701
Total liabilities and stockholders' equity	45,473,359	28,028,207
Series B Preferred Stock [Member]
Stockholders' equity
Preferred Stock	$ 765	$ 765

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	30,000,000	30,000,000
Common stock, par or stated value per share	$ 0.001	$ 0.001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares, issued	25,685,981	14,471,403
Common stock, shares, outstanding	25,685,981	14,471,403
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares, issued	764,618	764,618
Preferred stock, shares, outstanding	764,618	764,618
Convertible Notes Payable [Member]
Debt issuance costs, net	$ 9,827,778	$ 0
Notes Payable [Member]
Debt issuance costs, net	0	212,848
Convertible Notes Payable Related Party [Member]
Debt issuance costs, net	172,984	366,666
Line of Credit [Member]
Debt issuance costs, net	$ 0	$ 15,573

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
Revenues, net	$ 2,565,162	$ 1,953,346
Cost of revenues	1,653,381	1,363,719
Gross profit	911,781	589,627
Operating expenses:
Selling, general and administrative	11,660,880	3,288,949
Operating loss	(10,749,099)	(2,699,322)
Other (expense) income:
Rental income	25,704	25,704
Interest expense	(12,694,933)	(723,957)
Loss on issuance of warrants	(75,156,534)
Change in fair value of warrant liability	36,381,542
Change in fair value of short-term investment	(70,000)
Total other income (expense), net	(51,514,221)	(698,253)
(Loss) income before income taxes	(62,263,320)	(3,397,575)
Income tax expense
Net loss from continuing operations	(62,263,320)	(3,397,975)
Net income attributable to noncontrolling interests	28,034
Net loss attributable to Vinco Ventures, Inc. from continuing operations	(62,291,354)	(3,397,975)
Loss from discontinued operations	(178,200)	(244,693)
Gain on divestiture from discontinued operations		4,911,760
Net (loss) income attributable to Vinco Ventures, Inc.	$ (62,469,554)	$ 1,269,492
Net (loss) income per share - basic	$ (3.27)	$ 0.16
Net (loss) income per share - diluted	$ (3.28)	$ 0.13
Weighted average number of common shares outstanding - basic	19,055,006	8,181,470
Weighted average number of common shares outstanding - diluted	19,055,006	9,637,421

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Changes in Stockholders' Equity - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital	Accumulated Deficit	Noncontrolling Interest	Total
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
Issuance of common stock to noteholders		$ 160	201,164			201,324
Issuance of common stock to noteholders, shares		160,000
Returned common stock from noteholder		$ (153)	153
Returned common stock from noteholder, shares		(153,005)
Issuance of common stock to consultants		$ 654	562,109			562,763
Issuance of common stock to consultants, shares		653,750
Issuance of warrants to noteholders and beneficial conversion options			1,018,953			1,018,953
Stock-based compensation			748,749			748,749
Divestiture of Cloud B					(26,392)	(26,392)
Net income loss				1,269,492		(3,397,975)
Balance at Mar. 31, 2020		$ 8,677	28,790,704	(17,225,970)	(344,090)	11,229,321
Balance, shares at Mar. 31, 2020		8,676,501
Balance at Dec. 31, 2020	$ 765	$ 14,471	39,050,260	(23,648,898)	(1,893,897)	13,522,701
Balance, shares at Dec. 31, 2020	764,618	14,471,403
Issuance of common stock to noteholders		$ 5,878	11,510,814			11,516,692
Issuance of common stock to noteholders, shares		5,877,908
Returned common stock from noteholder		$ (153)	153
Returned common stock from noteholder, shares		(153,005)
Issuance of common stock to investors		$ 1,500	3,253,500			3,255,000
Issuance of common stock to investors, shares		1,500,000
Issuance of common stock to consultants		$ 943	2,035,392			2,036,335
Issuance of common stock to consultants, shares		943,000
Issuance of common stock to employees		$ 1,263	3,290,927			3,292,190
Issuance of common stock to employees, shares		1,262,872
Issuance of warrants to noteholders and beneficial conversion options			19,720,000			19,720,000
Issuance of common stock upon exercise of warrants		$ 881	1,689,723			1,690,604
Issuance of common stock upon exercise of warrants, shares		880,798
Conversions under notes payable		$ 5,574	11,088,446			11,094,020
Conversions under notes payable, shares		5,574,425
Exercise of warrant liabilities			259,427			259,427
Stock-based compensation			3,660,436			3,660,436
Issuance of common stock acquisitions		$ 750	1,251,750			1,252,500
Issuance of common stock acquisitions, shares		750,000
Net income loss				(62,469,554)	28,034	(62,263,320)
Balance at Mar. 31, 2021	$ 765	$ 25,686	$ 66,002,229	$ (86,118,452)	$ (1,865,863)	$ (21,955,635)
Balance, shares at Mar. 31, 2021	764,618	25,685,981

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash Flow from Operating Activities
Net income (loss) attributable to Vinco Ventures, Inc.	$ (62,291,354)	$ (3,397,975)
Net income attributable to noncontrolling interests	28,034
Net income (loss)	(62,263,320)	(3,397,975)
Adjustments to reconcile net (income) loss to net cash used in operating activities:
Discontinued operations	(178,200)	4,667,067
Depreciation and amortization	445,541	316,299
Amortization of financing costs	12,418,930	570,636
Stock-based compensation	8,697,502	1,319,511
Amortization of right of use asset	24,163	77,823
Gain on divestiture		(4,911,760)
Change in fair value of short-term investments	70,000
Loss on issuance of warrants	75,156,534
Change in fair value of warrant liability	(36,381,542)
Changes in assets and liabilities:
Accounts receivable	(494,130)	64,359
Inventory	(215,717)	69,089
Prepaid expenses and other current assets	139,635	33,441
Accounts payable	(804,282)	(215,320)
Accrued expenses and other current liabilities	(714,500)	335,815
Operating lease liabilities	(23,723)	(74,776)
Due from related party	(17,001)	(8,115)
Net cash used in operating activities	(4,140,110)	(1,153,506)
Cash Flows from Investing Activities
Purchases of property and equipment	(18,228)	(31,918)
Equity method investment	(7,000,000)
Funding of loan receivable	(5,000,000)
Net cash used in investing activities	(12,018,228)	(31,918)
Cash Flows from Financing Activities
Net (repayments) borrowings under line of credit	(379,333)	112,862
Borrowings under convertible notes payable	19,720,000	1,100,000
Borrowings under notes payable	73,000	950,000
Repayments under notes payable	(2,141,782)	(672,773)
Repayments under notes payable- related parties	(659,999)	(14,508)
Fees paid for financing costs	(122,762)	(170,815)
Net proceeds from issuance of common stock	3,255,000
Exercise of warrants	1,690,604
Net cash provided by financing activities	21,434,726	1,304,766
Net increase (decrease) in cash and cash equivalents	5,276,388	119,342
Cash and cash equivalents - beginning of period	249,356	412,719
Cash and cash equivalents - end of period	5,525,744	532,062
Cash paid during the period for:
Interest	343,824	127,504
Income taxes	(14,738)
Noncash investing and financing activity:
Shares issued to note holders	422,672	368,000
Conversions under notes payable	11,094,020
Issuance of warrants and beneficial conversion option to note holders	$ 22,000,000

Basis of Presentation and Natur

Basis of Presentation and Nature of Operations	3 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Nature of Operations	Note 1 — Basis of Presentation and Nature of Operations The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and with Form 10-Q and Article 10 of Regulation S-X of the United States Securities and Exchange Commission (the “SEC”). Accordingly, they do not contain all information and footnotes required by GAAP for annual financial statements. The condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the accompanying unaudited condensed consolidated financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company as of March 31, 2021 and the results of operations, changes in stockholders’ equity, and cash flows for the periods presented. The results of operations for the three ended March 31, 2021 are not necessarily indicative of the operating results for the full fiscal year for any future period. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. The Company’s accounting policies are described in the Notes to Consolidated Financial Statements in its Annual Report on Form 10-K for the year ended December 31, 2020, and updated, as necessary, in this Quarterly Report on Form 10-Q. As used herein, the terms the “Company,” “Vinco Ventures” “we,” “us,” “our” and similar refer to Vinco Ventures, Inc. (f/k/a Edison Nation, Inc.), a Nevada corporation incorporated on July 18, 2017 under the laws of the State of Nevada as Idea Lab X Products, Inc. and also formerly known as Xspand Products Lab, Inc. prior to its name change on September 12, 2018, and/or its wholly-owned and majority-owned operating subsidiaries. On November 5, 2020, the Company (the “Parent”) and its wholly owned subsidiary, Vinco Ventures, Inc. (the “Merger Sub”), entered into an Agreement and Plan of Merger (the “Agreement”). Under the terms of the Agreement, the Merger Sub merged with and into the Parent and the Parent became the surviving corporation of the Merger (the “Surviving Corporation”). The name of the Surviving Corporation became Vinco Ventures, Inc. The transaction closed on November 10, 2020. Vinco Ventures is a vertically-integrated, end-to-end, consumer product research & development, manufacturing, sales and fulfillment company. The Company’s proprietary web-enabled platform provides a low risk, high reward platform and process to connect innovators of new product ideas with potential licensees. As of March 31, 2021, Vinco Ventures had six wholly-owned subsidiaries: TBD Safety, LLC (“TBD”), Scalematix, LLC (“Scalematix”), Ferguson Containers, Inc. (“Fergco”), CBAV1, LLC (“CB1”), Pirasta, LLC (“Pirasta”) and Edison Nation Holdings, LLC. Vinco Ventures owns 50% of Best Party Concepts, LLC, Ed Roses, LLC and Global Clean Solutions, LLC, all of which are consolidated as VIE’s with noncontrolling interests. Edison Nation Holdings, LLC is the single member of Edison Nation, LLC and Everyday Edisons, LLC. Edison Nation, LLC is the single member of Safe TV Shop, LLC. Liquidity For the three months ended March 31, 2021, our operations lost approximately $10,749,009, of which approximately $9,143,000 was non-cash and approximately $705,000 was related to transaction costs and other non-recurring items. At March 31, 2021, we had total current assets of approximately $11,238,811 and current liabilities of approximately $7,144,413 resulting in working capital of approximately $4,094,398, of which $1,263,755 was related party notes payable. At March 31, 2021, we had total assets of $45,473,359 and total liabilities of $67,428,994 resulting in stockholders’ deficit of $21,955,635. The Company believes it has sufficient cash for at least the next twelve months from the date of issuance of these condensed financial statements. The ability to continue as a going concern is dependent upon the Company’s ability to attract significant new sources of capital, attain a reasonable threshold of operating efficiencies and achieve profitable operations from the sale of its products. Our operating needs include the planned costs to operate our business, including amounts required to fund working capital and capital expenditures. Our future capital requirements and the adequacy of our available funds will depend on many factors, including our ability to successfully commercialize our products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 — Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of Edison Nation, Inc. and its wholly-owned and majority owned subsidiaries. Reclassifications Certain amounts previously presented in the consolidated financial statements have been reclassified to conform to the current year presentation. Such reclassifications had no effect on the previously reported net loss, Stockholders’ equity or cash flows. Use of Estimates Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the financial statements. The Company’s significant estimates used in these financial statements include, but are not limited to, accounts receivable reserves, the valuation allowance related to the Company’s deferred tax assets, the recoverability and useful lives of long-lived assets, debt conversion features, stock-based compensation, certain assumptions related to the valuation of the reserved shares and the assets acquired and liabilities assumed related to the Company’s acquisitions. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates. Discontinued Operations A component of an entity that is disposed of by sale or abandonment is reported as discontinued operations if the transaction represents a strategic shift that will have a major effect on an entity’s operations and financial results. The results of discontinued operations are aggregated and presented separately in the Consolidated Statement of Operations. Assets and liabilities of the discontinued operations are aggregated and reported separately as assets and liabilities of discontinued operations in the Consolidated Balance Sheet, including the comparative prior year period. The Company’s cash flows are reflected as cash flows from discontinued operations within the Company’s Consolidated Statements of Cash Flows for each period presented. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents in the consolidated financial statements. The Company has cash on deposit in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. The Company reduces its credit risk by placing its cash and cash equivalents with major financial institutions. The Company had approximately $5,525,744 of cash and cash equivalents at March 31, 2021 of which none was held in foreign bank accounts not covered by FDIC insurance limits as of March 31, 2021. Accounts Receivable Accounts receivable are carried at their contractual amounts, less an estimate for uncollectible amounts. Management estimates the allowance for bad debts based on existing economic conditions, historical experience, the financial conditions of the customers, and the amount and age of past due accounts. Receivables are considered past due if full payment is not received by the contractual due date. Past due accounts are generally written off against the allowance for bad debts only after all collection attempts have been exhausted. No customers represented more than 10% of total accounts receivable. Inventory Inventory is recorded at the lower of cost or net realizable value on a first-in, first-out basis. The Company reduces the carrying value of inventories for those items that are potentially excess, obsolete, or slow moving based on changes in customer demand, technology developments, or other economic factors. Short-Term Investments Short-term investments consisted of equity securities. The Company classified its investments as Trading securities. Accordingly, such investments were reported at fair market value, with the resultant unrealized gains and losses reported as a component of the consolidated statements of operations. Fair value for Trading securities was determined by reference to quoted market prices. Property and Equipment, Net Property and equipment are stated at cost, net of accumulated depreciation and amortization, which is recorded commencing at the in-service date using the straight-line method over the estimated useful lives of the assets, as follows: 3 to 5 years for office equipment, 5 to 7 years for furniture and fixtures, 6 to 10 years for machinery and equipment, 10 to 15 years for building improvements, 5 years for software, 5 years for molds, 5 to 7 years for vehicles and 40 years for buildings. Equity Method Investments We apply the equity method of accounting to investments when we have significant influence, but not controlling interest in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments will be reported under a line item captioned equity method investment income in our Consolidated Statements of Operations. The carrying value of our equity method investments is reported in equity method investments in the Consolidated Balance Sheets. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company classifies distributions received from equity-method investments using the cumulative earnings approach on the Consolidated Statements of Cash Flows. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. The Company did not record any impairments related to its investments in 2021. For the three months ended March 31, 2021, there was no income or loss. Revenue Recognition Generally, the Company considers all revenues as arising from contracts with customers. Revenue is recognized based on the five-step process outlined in the Accounting Standards Codification (“ASC”) 606: Step 1 – Identify the Contract with the Customer – A contract exists when (a) the parties to the contract have approved the contract and are committed to perform their respective obligations, (b) the entity can identify each party’s rights regarding the goods or services to be transferred, (c) the entity can identify the payment terms for the goods or services to be transferred, (d) the contract has commercial substance and it is probable that the entity will collect substantially all of the consideration to which it will be entitled in exchange for the goods or services that will be transferred to the customer. Step 2 – Identify Performance Obligations in the Contract – Upon execution of a contract, the Company identifies as performance obligations each promise to transfer to the customer either (a) goods or services that are distinct, or (b) a series of distinct goods or services that are substantially the same and have the same pattern of transfer to the customer. To the extent a contract includes multiple promised goods or services, the Company must apply judgement to determine whether the goods or services are capable of being distinct within the context of the contract. If these criteria are not met, the goods or services are accounted for as a combined performance obligation. Step 3 – Determine the Transaction Price – When (or as) a performance obligation is satisfied, the Company shall recognize as revenue the amount of the transaction price that is allocated to the performance obligation. The contract terms are used to determine the transaction price. Generally, all contracts include fixed consideration. If a contract did include variable consideration, the Company would determine the amount of variable consideration that should be included in the transaction price based on expected value method. Variable consideration would be included in the transaction price, if in the Company’s judgement, it is probable that a significant future reversal of cumulative revenue under the contract would not occur. Step 4 – Allocate the Transaction Price – After the transaction price has been determined, the next step is to allocate the transaction price to each performance obligation in the contract. If the contract only has one performance obligation, the entire transaction price will be applied to that obligation. If the contract has multiple performance obligations, the transaction price is allocated to the performance obligations based on the relative standalone selling price (SSP) at contract inception. Step 5 – Satisfaction of the Performance Obligations (and Recognize Revenue) – Revenue is recognized when (or as) goods or services are transferred to a customer. The Company satisfies each of its performance obligations by transferring control of the promised good or service underlying that performance obligation to the customer. Control is the ability to direct the use of and obtain substantially all of the remaining benefits from an asset. It includes the ability to prevent other entities from directing the use of and obtaining the benefits from an asset. Indicators that control has passed to the customer include: a present obligation to pay; physical possession of the asset; legal title; risks and rewards of ownership; and acceptance of the asset(s). Performance obligations can be satisfied at a point in time or over time. Substantially all of the Company’s revenues continue to be recognized when control of the goods is transferred to the customer, which is upon shipment of the finished goods to the customer. All sales have fixed pricing and there are currently no material variable components included in the Company’s revenue. Additionally, the Company will issue credits for defective merchandise, historically these credits for defective merchandise have not been material. Based on the Company’s analysis of the new revenue standards, revenue recognition from the sale of finished goods to customers, which represents substantially all of the Company’s revenues, was not impacted by the adoption of the new revenue standards. Disaggregation of Revenue The Company’s primary revenue streams include the sale and/or licensing of consumer goods and packaging materials for innovative products. The Company’s licensing business is not material and has not been separately disaggregated for segment purposes. The disaggregated Company’s revenues for the three months ended March 31, 2021 and 2020 was as follows: For the Three Months Ended March 31, 2021 2020 Revenues: Product sales $ 2,487,869 $ 3,626,901 Licensing revenues 77,293 40,209 Total revenues, net $ 2,565,162 $ 3,667,110 For the three months ended March 31, 2021 and 2020, the following customer represented more than 10% of total net revenues: For the Three Months Ended March 31, 2021 2020 Customer A 14 % 11 % * Customer did not represent greater than 10% of total net revenue. For the three months ended March 31, 2021 and 2020, the following geographical regions represented more than 10% of total net revenues: For the Three Months Ended March 31, 2021 2020 North America 100 % 82 % Europe * % 17 % * Region did not represent greater than 10% of total net revenue. Fair Value of Financial Instruments The Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures” (“ASC 820”) which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example, cash flow modeling inputs based on assumptions) The carrying amounts of the Company’s financial instruments, such as cash, accounts receivable and accounts payable, approximate fair values due to the short-term nature of these instruments. The carrying amount of the Company’s notes payable approximates fair value because the effective yields on these obligations, which include contractual interest rates, taken together with other features such as concurrent issuance of warrants, are comparable to rates of returns for instruments of similar credit risk. The loan held for investment was acquired at fair value, which resulted in a discount. The following fair value of financial assets and liabilities and the input level used to determine the fair value at March 31, 2021 is presented below: Fair Value Measurements as of March 31, 2021 Level 1 Level 2 Level 3 Assets: Short-term investments $ 948,000 $ - $ - Liabilities: Warrant liability - - 58,235,566 Total 948,000 - 58,235,566 The following table presents a reconciliation of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2021: Warrant Liability (Level 3) Balance, December 31, 2020 $ - Issuance of warrants 94,876,535 Change in fair value (36,381,542 ) Exercise of warrants (259,427 ) Balance, March 31, 2021 $ 58,235,566 There were no short-term investments held at March 31, 2020. U.S. equity stocks represent investment in stocks of U.S. based companies. The valuation inputs for U.S. equity stocks are based on the last published price reported on the major stock market on which the securities are traded and are primarily classified as Level 1. Securities whose valuation inputs are not based on observable market information are classified as Level 3. Warrant Accounting The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, “Derivatives and Hedging”. The Company classifies a warrant to purchase shares of its common stock as a liability on its consolidated balance sheets as this warrant is a free-standing financial instrument that may require the Company to transfer consideration upon exercise (Please see Note 11 — Warrant Liability Sequencing Policy Under ASC 815-40-35, the Company follows a sequencing policy whereby, in the event that reclassification of contracts from equity to assets or liabilities is necessary pursuant to ASC 815 due to the Company’s inability to demonstrate it has sufficient authorized shares as a result of certain securities with a potentially indeterminable number of shares, shares will be allocated on the basis of the earliest issuance date of potentially dilutive instruments, with the earliest grants receiving the first allocation of shares. Pursuant to ASC 815, issuance of securities to the Company’s employees or directors are not subject to the sequencing policy. Foreign Currency Translation The Company uses the United States dollar as its functional and reporting currency since the majority of the Company’s revenues, expenses, assets and liabilities are in the United States. Assets and liabilities in foreign currencies are translated using the exchange rate at the balance sheet date, while revenue and expense accounts are translated at the average exchange rates prevailing during the year. Equity accounts are translated at historical exchange rates. Gains and losses from foreign currency transactions and translation for the three months ended March 31, 2021 and 2020 and the cumulative translation gains and losses as of March 31, 2021 and December 31, 2020 were not material. Net Earnings or Loss per Share Basic net income (loss) per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding during the period. Diluted net income per common share is computed by dividing net income by the weighted average number vested of common shares, plus the net impact of common shares (computed using the treasury stock method), if dilutive, resulting from the exercise of dilutive securities. In periods when losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. As of March 31, 2021 and 2020, the Company excluded the common stock equivalents summarized below, which entitled the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive. March 31, March 31, 2021 2020 Selling Agent Warrants - 160,492 Placement Agent Warrants 2,034,346 - Options 80,000 80,000 Convertible shares under notes payable 2,647,587 285,632 Warrants 35,068,188 - Series B Convertible Stock 764,618 - Shares to be issued 1,608,355 - Total $ 42,203,094 $ 526,124 Subsequent Events The Company has evaluated subsequent events through the date which the financial statements were issued. Based upon such evaluation, except for items described in Note 15, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the financial statements. Segment Reporting The Company uses “the management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker is the Chairman and Chief Executive Officer (“CEO”) of the Company, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. The Company deploys resources on a consolidated level to all brands of the Company and therefore the Company only identifies one reportable operating segment with multiple product offerings.

Acquisitions and Divestitures

Acquisitions and Divestitures	3 Months Ended
	Mar. 31, 2021
Business Combinations [Abstract]
Acquisitions and Divestitures	Note 3 — Acquisitions and Divestitures Divestiture of Subsidiary On February 17, 2020, the Company divested its Cloud B, Inc. subsidiary and entered into an Agreement for the Purchase and Sale of Cloud B, Inc.(the “Purchase Agreement”), with Pearl 33 Holdings, LLC (the “Buyer”), pursuant to which the Buyer purchased from the Company (and the Company sold and assigned) 80,065 shares of common stock of Cloud B (the “Cloud B Shares”) for $1.00 and an indemnification agreement as described below, constituting a 72.15% ownership interest in Cloud B, based on 110,964 shares of Cloud B’s common stock outstanding as of February 17, 2020. In accordance with the agreement, all of the liabilities of Cloud B were assumed by Pearl 33. On February 17, 2020, as part of the sale of Cloud B, Inc., the Company entered into an indemnification agreement with Pearl 33 Holdings, LLC in connection with the divestiture of Cloud B, Inc., whereby pursuant to such agreement the Company is limited to the issuance of 150,000 shares of the Company’s common stock to the Buyer for indemnification of claims against Cloud B Inc. In addition, the Company shall indemnify the Buyer for expenses (including attorneys’ fees and all other costs, expenses and obligations) in connection with defending any Claim in connection with the Cloud B. The Company has recorded $405,000 related to the fair value of the 150,000 shares of common stock which will be issued to the Buyer. The table below shows the assets and liabilities that the Company was relieved of in the transaction: February 17, Accounts payable 4,005,605 Accrued Expenses 370,289 Income Tax Payable 14,473 Notes Payable 900,000 Non-Controlling Interest 26,393 Shares to be issued to Buyer (405,000 ) Gain on divestiture $ 4,911,760 Divestiture of Subsidiary- SRM Entertainment, LTD On November 30, 2020, the Company and its wholly owned subsidiary, SRM Entertainment, LTD entered into a Stock Exchange Agreement with Jupiter Wellness, Inc. (“Jupiter”). Under the terms of the Exchange Agreement, Jupiter agreed to purchase all outstanding shares of common stock (the “Exchange Shares”) issued by SRM from the Company. As consideration for the purchase of the Exchange Shares, Jupiter issued the Company 200,000 shares of its restricted common stock, symbol JUPW as listed on NASDAQ Capital Markets. Please see Note 15 — Discontinued Operations Acquisitions On September 29, 2020, the Company entered into a Purchase and Sale Agreement (the “Agreement”) with Graphene Holdings, LLC, Mercury FundingCo, LLC, Ventus Capital, LLC and Jetco Holdings, LLC (together the “Sellers”) to acquire all outstanding Membership Units (the “Units”) of TBD Safety, LLC (“TBD”). Collectively, the Sellers owned all outstanding Units of TBD. Under the terms of the Agreement, the Company issued a total of Two Million Two Hundred Ten Thousand Three Hundred Eighty-Two (2,210,382) shares of the Company’s common stock and a total of Seven Hundred Sixty-Four Thousand Six Hundred Eighteen (764,618) shares of a newly designated Preferred Stock (the “Preferred”). In addition, the Company and Sellers entered into a Registration Rights Agreement (the “Registration Rights Agreement”) in favor of the Sellers obligating the Company to register such common stock and shares of common stock to be issued upon conversion of the Preferred within 120 days after the Closing. The Sellers also had an Earn Out Consideration, which provides that at such time as the assets purchased in the Agreement achieve cumulative revenue of $10,000,000, the Sellers will earn a total of One Hundred Twenty-Five Thousand (125,000) shares of common stock. The closing of the transaction occurred on October 16, 2020. Asset Acquisition On November 10, 2020, the Company, through its wholly owned subsidiary, Honey Badger Media, LLC, entered into a series of transactions to acquire certain assets and license a platform with Honey Badger Media, LLC, a Delaware limited liability company, for $300,000 and 750,000 shares of common stock. The transaction was treated as an asset purchase and not accounted for as a business combination due to substantially all of the fair value of gross assets acquired were concentrated to a group of similar identifiable assets which was media licensing assets. In addition, there was limited inputs, processes and outputs, which did not meet the requirements to be a business. On January 5, 2021, the Company issued 750,000 shares of our common stock in connection with the asset acquisition. On March 11, 2020, the Company issued 238,750 shares of our common stock to acquire the assets of HMNRTH, LLC. On July 1, 2020, the Company made payment in the amount of $70,850 to the principals of HMNRTH, LLC. The transaction was treated as an asset purchase and not accounted for as a business combination due to the limited inputs, processes and outputs, which did not meet the requirements to be a business. On November 6, 2019, the Company issued 45,000 shares of our common stock to acquire the assets of Uber Mom, LLC for $52,352, which was the approximate value of Uber Mom, LLC’s inventory.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Note 4 — Variable Interest Entities The Company is involved in the formation of various entities considered to be Variable Interest Entities (“VIEs”). The Company evaluates the consolidation of these entities as required pursuant to ASC Topic 810 relating to the consolidation of VIEs. These VIEs are primarily partnerships formed to supply consumer goods to through various distribution and retail channels. The Company’s determination of whether it is the primary beneficiary of VIE is based in part on an assessment of whether or not the Company and its related parties are exposed to the majority of the risks and rewards of the entity. Typically, the Company is entitled to substantially all or portion of the economics of these VIEs. The Company is the primary beneficiary of the VIE entities. The following table presents the carrying values of the assets and liabilities of entities that are VIEs and consolidated by the Company at March 31, 2021: March 31, 2021 December 31, 2020 Assets Current assets: Cash and cash equivalents $ 15,994 $ 10,481 Accounts receivable, net 113,493 94,195 Inventory 251,918 240,158 Prepaid expenses and other current assets - - Total current assets 381,405 344,834 Property and equipment, net - - Total assets $ 381,405 $ 344,834 Liabilities and stockholders’ equity Current liabilities: Accounts payable $ 174,311 $ 217,558 Accrued expenses and other current liabilities 19,326 113,576 Line of credit, net of debt issuance costs of $0 and $15,573, respectively 1,133,652 1,133,652 Notes payable, current - 150,000 Due to related party 315,666 315,666 Total current liabilities 1,642,955 1,930,452 The following table presents the operations of entities that are VIEs and consolidated by the Company at March 31, 2021: For the Three Months Ended March 31, 2021 2020 Revenues, net $ 214,394 $ 352,523 Cost of revenues 84,155 204,943 Gross profit 130,239 147,580 Operating expenses: Selling, general and administrative 100,421 450,693 Operating income 29,818 (303,113 ) Other (expense) income: Interest expense (26,250 ) - Total other (expense) income (26,250 ) - Gain before income taxes 3,568 (303,113 ) Income tax expense - - Net (loss) income $ 3,568 $ (303,113 ) At March 31, 2021, the Company had one unconsolidated VIE, ZVV Media Partners, LLC (“ZVV”), for which the Company held a variable interest. As of March 31, 2020, there were no unconsolidated VIEs for which the Company holds a variable interest. On May 20, 2020 (the “Effective Date”), the Company entered into an Agreement and Plan of Share Exchange (the “Share Exchange Agreement”) with PPE Brickell Supplies, LLC, a Florida limited liability company (“PPE”), and Graphene Holdings, LLC, a Wyoming limited liability company (“Graphene”, and together with PPE, the “Sellers”), whereby the Company purchased 25 membership units of Global Clean Solutions, LLC, a Nevada limited liability company (“Global”) from each of PPE and Graphene, for a total of fifty (50) units, representing fifty percent (50%) of the issued and outstanding units of Global (the “Purchase Units”). The Company issued 250,000 shares of its restricted common stock, $0.001 par value per share (the “Common Stock”) to PPE, and 50,000 shares of Common Stock to Graphene, in consideration for the Purchase Units. Global Clean Solutions, LLC is a VIE. The fair value of the shares of $699,000 was treated as a distribution to the noncontrolling interest members. Pursuant to the terms of the Share Exchange Agreement, the Sellers may earn additional shares of Common Stock upon Global realizing the following revenue targets: (i) In the event that Global’s total orders equal or exceed $1,000,000, Graphene shall receive 200,000 shares of Common Stock; (ii) In the event that Global’s total orders equal or exceed $10,000,000, PPE shall receive 100,000 shares of restricted Common Stock; and (iii) In the event that Global’s total orders equal or exceed $25,000,000, Graphene shall receive 125,000 shares of restricted Common Stock. Additionally, the Company shall be entitled to appoint two managers to the Board of Managers of Global. The fair value of the shares is expensed over the estimated vesting period and is adjusted based on the number of shares that vest. Amended Limited Liability Company Agreement On the Effective Date, the Company entered into an Amended Limited Liability Company Agreement of Global (the “Amended LLC Agreement”). The Amended LLC Agreement amends the original Limited Liability Company Agreement of Global, dated May 13, 2020. The Amended LLC defines the operating rules of Global and the ownership percentage of each member: Vinco Ventures, Inc. 50%, PPE 25% and Graphene 25%. Secured Line of Credit Agreement On the Effective Date, the Company (as “Guarantor”) entered into a Secured Line of Credit Agreement (the “Credit Agreement”) with Global and PPE. Under the terms of the Credit Agreement, PPE is to make available to Global a revolving credit loan in a principal aggregate amount at any one time not to exceed $2,500,000. Upon each drawdown of funds against the credit line, Global shall issue a Promissory Note (the “Note”) to PPE. The Note shall accrue interest at 3% per annum and have a maturity date of six (6) months. In the event of a default, any and all amounts due to PPE by Global, including principal and accrued but unpaid interest, shall increase by forty (40%) percent and the interest shall increase to five (5%) percent (the “Default Interest”). Security Agreement On the Effective Date, the Company (as “Guarantor”) entered into a Security Agreement (the “Security Agreement”) with Global (as “Borrower”) and PPE as the secured party, whereby the Company placed 1,800,000 shares of Common Stock (the “Reserve Shares”) in reserve with its transfer agent in the event of default under the Credit Agreement. In the event of a default that is not cured by the defined cure period, the PPE may liquidate the Reserve Shares until the Global’s principal, interest and associated expenses are recovered. The number of Reserve Shares may be increased through the issuance of True-Up shares in the event the original number of Reserve Shares is insufficient.

Short-Term Investments

Short-Term Investments	3 Months Ended
	Mar. 31, 2021
Investments, All Other Investments [Abstract]
Short-Term Investments	Note 5 — Short-Term Investments As of March 31, 2021 and December 31, 2020, short-term investments consisted of the following: March 31, December 31, 2021 2020 Jupiter Wellness, Inc. (JUPW) (i) $ 1,040,000 $ 1,040,000 Unrealized losses (92,000 ) (22,000 ) Total short-term investments $ 948,000 $ 1,018,000 (i) On November 30, 2020, the Company and its wholly owned subsidiary, SRM Entertainment, LTD entered into a Stock Exchange Agreement with Jupiter Wellness, Inc. (“Jupiter”). Under the terms of the Exchange Agreement, Jupiter purchased all outstanding shares of common stock (the “Exchange Shares”) issued by SRM from the Company. As consideration for the purchase of the Exchange Shares, Jupiter issued the Company 200,000 shares of its restricted common stock, symbol JUPW as listed on NASDAQ Capital Markets. On March 31, 2021, the closing price of JUPW was $5.20 on the Nasdaq.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Note 6 — Property and Equipment, net As of March 31, 2021 and December 31, 2020, property and equipment consisted of the following: March 31, December 31, 2021 2020 Land $ 79,100 $ 79,100 Buildings – rental property 463,635 463,635 Building improvements 800,225 800,225 Equipment and machinery 4,141,145 4,122,917 Furniture and fixtures 368,137 368,137 Computer software - - Molds 79,300 79,300 Vehicles 521,962 521,962 6,435,504 6,435,276 Less: accumulated depreciation (5,457,287 ) (5,424,475 ) Total property and equipment, net $ 996,217 $ 1,010,801 Depreciation expense for the three months ended March 31, 2021 and 2020 was $32,812 and $169,141, respectively.

Loan Receivable

Loan Receivable	3 Months Ended
	Mar. 31, 2021
Loan Receivable
Loan Receivable	Note 7 — Loan Receivable As of March 31, 2021 and December 31, 2020, loan receivable consisted of the following: March 31, December 31, 2021 2020 Loan to Zash Global Media and Entertainment Corporation (i) $ 5,000,000 $ - (i) On February 18, 2021, the Company loaned $5,000,000 to ZASH Global Media and Entertainment Corporation (“ZASH”). The interest rate on the note is 3% per annum. The maturity date of the loan is August 17, 2023. The purpose of the loan is to engage in the acquisition, development and production of consumer facing content and related activities. (ii) On January 20, 2021, the Company entered into an Agreement to Complete a Plan of Merger (the “Merger Agreement”) with ZASH Global Media and Entertainment Corporation (“ZASH”) and Vinco Acquisition Corporation, a subsidiary of ours formed for the sole purpose of the merger contemplated by the Merger Agreement (the Merger Sub”). The Merger Agreement contemplates a reverse triangular merger of Merger Sub with and into ZASH in a transaction intended to qualify as a tax-free reorganization under Sections 368(a)(l)(A) and 368(a)(2)(E) of the Internal Revenue Code. Under the terms of the Merger Agreement, the holders of ZASH common stock will receive shares of the Company’s common stock (the “Merger Shares”) in exchange for all of their issued and outstanding ZASH shares of common stock. ZASH will then become an indirect wholly owned subsidiary of the Company. The merger will represent a change of control transaction as upon the completion of the merger, the shareholders of ZASH will own a controlling interest in the Company. The merger and the issuance of the Merger Shares are subject to adoption and approval by the holders of a majority of the outstanding shares of the Company’s common stock. In connection with the merger, the certificate of incorporation of the Company will be amended and restated, and the name of the Company will be changed to “ZASH Global Media and Entertainment Corporation.” The bylaws of the Company will also be amended and restated to become the equivalent of the bylaws of ZASH immediately prior to the closing under the Merger Agreement (the “Closing”). At the Closing, certain officers and directors of the Company immediately prior to the effective time of the merger will resign and the officers and directors of ZASH immediately prior to the Closing will be appointed as officers and directors of the Company and the surviving corporation in the merger, in each case until their respective successors are duly elected or appointed and qualified; provided, however that the Company shall have the right to appoint two persons to serve as members of the board of directors of the Company and ZASH will have the right to appoint three persons to serve as members of the board of directors of the Company.

Equity Method Investments

Equity Method Investments	3 Months Ended
	Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Note 8 — Equity Method Investments As of March 31, 2021 and December 31, 2020, the carrying amount of equity method investments consisted of the following: March 31, December 31, 2021 2020 Investment in ZVV Media Partners, LLC (i) $ 7,000,000 $ - (i) On January 19, 2021, the Company, ZVV Media Partners, LLC (“ZVV”) and ZASH entered into a Contribution Agreement (the “Agreement”). The Company and ZASH established the newly formed entity, ZVV, in order to engage in the development and production of consumer facing content and related activities.

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Note 9 — Goodwill For the three months ended March 31, 2021, there was no change in the carrying amount of goodwill. The Company utilized the simplified test for goodwill impairment. The amount recognized for impairment is equal to the difference between the carrying value and the asset’s fair value. The valuation methods used in the quantitative fair value assessment was a discounted cash flow method and required management to make certain assumptions and estimates regarding certain industry trends and future profitability of our reporting units.

Debt

Debt	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Debt	Note 10 — Debt As of March 31, 2021 and December 31, 2020, debt consisted of the following: March 31, December 31, 2021 2020 Line of credit: Lines of credit $ 1,133,652 $ 1,133,652 Receivable financing - 367,301 Debt issuance costs - Total lines of credit 1,133,652 1,500,953 Senior convertible notes payable: Senior convertible notes payable 11,422,271 1,428,161 Convertible notes payable 591,104 Debt issuance costs (10,000,762 ) (280,511 ) Total long-term senior convertible notes payable 1,421,509 1,738,754 Less: current portion of long-term notes payable 1,421,509 (577,260 ) Noncurrent portion of long-term convertible notes payable - 1,161,494 Notes payable: Notes payable 891,193 1,932,088 Debt issuance costs - (34,997 ) Total long-term debt 891,193 1,897,091 Less: current portion of long-term debt (437,374 ) (1,301,212 ) Noncurrent portion of long-term debt 453,819 595,879 Notes payable – related parties: Notes payable 2,167,514 2,827,512 Debt issuance costs - (33,833 ) Total notes payable – related parties: 2,167,514 2,793,679 Less: current portion of long-term debt – related parties (1,263,755 ) (1,389,922 ) Noncurrent portion of long-term debt – related parties $ 903,759 $ 1,403,757 Convertible Notes Payable Hudson Bay Financing- February 2021 On February 23, 2021 (the “Effective Date”), the Company consummated the closing of a private placement offering (the “Offering”) whereby pursuant to the Securities Purchase Agreement (the “Purchase Agreement”) entered into by the Company on February 18, 2021 with one accredited investor (the “Investor”), the Company issued a Senior Convertible Note for the purchase price of $10,000,000 (the “Note”) and five (5) year warrants (the “Warrant”) to purchase shares of the Company’s common stock, par value $0.001 per share (“Common Stock”). The Note carries an interest rate of 6% per annum compounding monthly and matures on February 23, 2022. The Note contains a voluntary conversion mechanism whereby the Noteholder may convert at any time after the Issuance Date, in whole or in part, the outstanding principal and interest under the Note into shares of the Common Stock at a conversion price of $4.847 per share (the “Conversion Shares”). The Note shall be a senior unsecured obligation of the Company and its subsidiaries. The Note contains customary events of default (each an “Event of Default”). If an Event of Default occurs, interest under the Note will accrue at a rate of twelve percent (12%) per annum and the outstanding principal amount of the Note, plus accrued but unpaid interest, liquidated damages and other amounts owing with respect to the Note will become, at the Note holder’s election, immediately due and payable in cash. Upon completion of a Change of Control (as defined in the Note), the Note’s holder may require the Company to purchase any outstanding portion of the Note in cash at a price in accordance with the terms of the Note. Pursuant to the Purchase Agreement, the Investor received a Warrant in an amount equal to 900% of the shares of Common Stock initially issuable to the Investor pursuant to the conversion terms of the Investor’s Note. The Warrant contains an exercise price of $3.722 per share, subject to adjustments as provided under the terms of the Warrant. In connection with the closing of the Offering, the Warrant was exercisable for an aggregate of 18,568,188 shares of Common Stock (the “Warrant Shares”). The Company also entered into a Registration Rights Agreement with the Investor (the “Registration Rights Agreement”). The Registration Rights Agreement provides that the Company shall (i) file with the Securities and Exchange Commission (the “Commission”) a Registration Statement by 30 days following the Closing Date of the Purchase Agreement to register the Conversion Shares and Warrant Shares (the “Registration Statement”); and (ii) use all commercially reasonable efforts to have the Registration Statement declared effective by the Commission within 60 days following the Closing Date or at the earliest possible date, or 75 days following the Closing Date if the Registration Statement receives comments from the Commission. Palladium Capital Group, LLC. (the “Placement Agent”) acted as placement agent for the Offering. The Placement Agent received cash compensation of $900,000 (8% of the gross proceeds to the Company plus an additional 1% of the gross proceeds to the Company for non-accountable expenses). The Placement Agent also received a Warrant granting the Holder the right to purchase 1,650,346 shares of the Company’s common stock at an exercise price of $3.722 with an expiration date of February 23, 2026. Hudson Bay Financing- January 2021 On January 25, 2021 (the “Effective Date”), the Company consummated the closing of a private placement offering (the “Offering”) whereby pursuant to the Securities Purchase Agreement (the “Purchase Agreement”) entered into by the Company on January 21, 2021 with Hudson Bay Master Fund, Ltd (the “Investor”), the Company issued a Senior Convertible Note for the purchase price of $12,000,000 (the “Note”) and a five (5) year warrant (the “Warrant”) to purchase shares of the Company’s common stock, par value $0.001 per share (“Common Stock”). The Investor converted $11,000,000 of principal and $39,190 of interest into 5,519,595 of the Company’s common shares. The Note carries an interest rate of 6% per annum and matures on the 12-month anniversary of the Issuance Date (as defined in the Note). The Note contains a voluntary conversion mechanism whereby the Noteholder may convert at any time after the Issuance Date, in whole or in part, the outstanding balance of the Note into shares of the Common Stock at a conversion price of $2.00 per share (the “Conversion Shares”). The Note shall be a senior obligation of the Company and its subsidiaries. The Note contains customary events of default (each an “Event of Default”). If an Event of Default occurs, interest under the Note will accrue at a rate of twelve percent (12%) per annum and the outstanding principal amount of the Note, plus accrued but unpaid interest, liquidated damages and other amounts owing with respect to the Note will become, at the Note holder’s election, immediately due and payable in cash. Upon completion of a Change of Control (as defined in the Note), the Note’s holder may require the Company to purchase any outstanding portion of the Note in cash at a price in accordance with the terms of the Note. Pursuant to the Purchase Agreement, the Investor received a Warrant in an amount equal to 250% of the shares of Common Stock initially issuable to each Investor pursuant to the Investor’s Note. The Warrant contains an exercise price of $2.00 per share. In connection with the closing of the Offering, the Warrant was issued to purchase an aggregate of 15,000,000 shares of Common Stock (the “Warrant Shares”). The Company also entered into a Registration Rights Agreement with the Investor (the “Registration Rights Agreement”). The Registration Rights Agreement provides that the Company shall (i) file with the Securities and Exchange Commission (the “Commission”) a Registration Statement by 30 days following the Closing Date to register the Conversion Shares and Warrant Shares (the “Registration Statement”); and (ii) use all commercially reasonable efforts to have the Registration Statement declared effective by the Commission within 60 days following the Closing Date or at the earliest possible date, or 75 days following the Closing Date if the Registration Statement receives comments from the Commission. Palladium Capital Group, LLC (the “Placement Agent”) acted as placement agent for the Offering. The Placement Agent received cash compensation of $1,080,000 (8% of the gross proceeds to the Company plus an additional 1% of the gross proceeds to the Company for non-accountable expenses). The Placement Agent also received a Warrant dated January 25, 2021 granting the Holder the right to purchase 480,000 shares of the Company’s common stock at an exercise price of $2.00 with an expiration date of January 25, 2026. Jefferson Street Capital Financing On July 29, 2020, the Company entered into a Securities Purchase Agreement (the “Agreement”) with Jefferson Street Capital, LLC (the “Investor”) wherein the Company issued the Investor a Convertible Promissory Note (the “Note”) in the amount of $224,000 ($24,000 OID). The Note has a term of six (6) months, is due on January 29, 2021 and has a one-time interest charge of 2%. In addition, the Company issued the Investor 14,266 shares of Common Stock (the “Origination Shares”) as an origination fee. The transaction closed on July 29, 2020. On January 28, 2021, the Company paid all outstanding principal and interest in the amount of $260,233. On April 7, 2020, the Company entered into a Securities Purchase Agreement (the “Agreement”) with Jefferson Street Capital, LLC (the “Investor”) wherein the Company issued the Investor a Convertible Promissory Note (the “Note”) in the amount of $168,000 ($18,000 OID). The Note has a term of six (6) months, is due on October 7, 2020 and has a one-time interest charge of 2%. In addition, the Company issued the Investor 10,700 shares of Common Stock (the “Origination Shares”) as an origination fee. The transaction closed on April 9, 2020. On October 7, 2020, the Company and Investor entered into a Forbearance Agreement (the “Forbearance Agreement”). Under the terms of the Forbearance Agreement, the Company requested and the Investor agreed to temporarily forebear, until the earlier of (i) December 9, 2020 or (ii) at such time as a default shall occur under and pursuant to the Purchase Agreement, the Note or the Agreement, from exercising its right to convert amounts due under the Note into Common Stock of the Company, in exchange for a one time cash payment forbearance fee equal to $12,500 paid upon execution of the Agreement. On December 23, 2020, the Investor submitted a Notice of Conversion for $45,000 in principal and $750 in fees. On December 29, 2020, the Company issued 41,730 shares to satisfy the conversion obligation. The Investor converted $54,830 of principal into 54,830 of the Company’s common shares. The Note was paid in full on February 1, 2021. BHP Capital Financing On April 7, 2020, the Company entered into a Securities Purchase Agreement (the “Agreement”) with BHP Capital NY Inc. (the “Investor”) wherein the Company issued the Investor a Convertible Promissory Note (the “Note”) in the amount of $168,000 ($18,000 OID). The Note has a term of six (6) months, is due on October 7, 2020 and has a one-time interest charge of 2%. In addition, the Company issued the Investor 10,700 shares of Common Stock (the “Origination Shares”) as an origination fee. The transaction closed on April 9, 2020. The note was paid in full on January 29, 2021. 32E Financing On December 4, 2019, the Company agreed to issue and sell to 32 Entertainment LLC (“32E”) a 10% Senior Secured Note (the “32E Note”), in the principal amount of $250,000. The maturity date of the 32E Note is December 4, 2020. In addition, the Company issued to 32E 10,000 shares of common stock as an inducement to 32E to purchase the 32E Note. The fees were recorded as a debt discount and amortized over the term of the note. The $250,000 of proceeds from the 32E Note was used for general working capital needs of the Company and the repayment of debt related to Horberg Enterprises. On May 19, 2020, the Company entered into an Amendment (the “Amendment”) to the 32E Note. Under the terms of the Amendment, the Company issued to 32E an Amended Subordinate Secured Note (the “Replacement Note”) in the principal amount of $200,000 that accrued interest at 16% annually and matured on May 21, 2021. On May 28, 2020, the Company paid $50,000 toward the principal plus interest in the amount of $6,250 for a total of $56,250. 32E also received 40,000 restricted stock units and surrendered the warrant issued to it in the December 4, 2019 financing transaction. The note was paid in full on January 28, 2021. Promissory Notes On January 2, 2020, Ed Roses, LLC (the “Partnership”) entered into a Loan Agreement (the “Agreement”) with Sook Hyun Lee (the “Lender”). Under the terms of the Agreement, the Lender agreed to lend $150,000 to the Partnership for general working capital. The Loan is due on April 15, 2020 (the “Maturity Date”) and accrues interest at 15% per annum. The Agreement shall automatically renew at the Maturity date for successive 90-day periods unless written notice is remitted by either party. On the Maturity date, the Partnership shall pay the Lender all unpaid principal and interest and a $30,000 commitment fee. The Lender shall have a collateral interest in the accounts receivable of the Partnership, including but not limited to 7 Eleven receivables. As collateral, Edison Nation, Inc. placed 75,000 shares of common stock in reserve. The note was paid in full on March 11, 2021. On January 10, 2020, the Company entered into a 5% Promissory Note Agreement with Equity Trust Company on behalf of Rawleigh Ralls (“Ralls”) for an aggregate principal amount of $267,000 (the “Ralls Note”), pursuant to which Ralls purchased the Ralls Note from the Company for $250,000 and an original issue discount of $17,000, and the Company issued to Ralls a warrant (the “Ralls Warrant”) to purchase 125,000 shares of the Company’s common stock valued at $86,725 estimated using the Black-Scholes option-valuation model. The Company paid the Note in full on January 27, 2021. On January 15, 2020, the Company entered into a 5% Promissory Note Agreement with Paul J. Solit & Julie B. Solit (“Solits”) for an aggregate principal amount of $107,000 (the “Solit Note”), pursuant to which the Solits purchased the Solit Note from the Company for $100,000 and an original issue discount of $7,000, and the Company issued to the Solits a warrant (the “Solit Warrant”) to purchase 50,000 shares of the Company’s common stock valued at $31,755 estimated using the Black-Scholes option-valuation model. The Company paid the Note in full on January 27, 2021. The Solit Warrant was exercised on January 22, 2021. On January 17, 2020, the Company entered into a 5% Promissory Note Agreement with Richard O’Leary (“O’Leary”) (“Lender”) for an aggregate principal amount of $53,500 (the “O’Leary Note”), pursuant to which O’Leary purchased the O’Leary Note from the Company for $50,000 and an original issue discount of $3,500, and the Company issued to O’Leary a warrant (the “O’Leary Warrant”) to purchase 25,000 shares of the Company’s common stock valued at $16,797 estimated using the Black-Scholes option-valuation model. The Company paid the Note in full on January 27, 2021. The O’Leary Warrant was exercised on February 18, 2021. Paycheck Protection Program On April 15, 2020, the Company entered into a loan agreement (“PPP Loan”) with First Choice Bank under the Paycheck Protection Program (the “PPP”), which is part of the recently enacted Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) administered by the United States Small Business Administration (“SBA”). The Company received proceeds of $789,852 from the PPP Loan. In accordance with the requirements of the PPP, the Company intends to use proceeds from the PPP Loan primarily for payroll costs, subject to thresholds, rent and utilities. The PPP Loan has a 1.00% interest rate per annum and matures on April 15, 2022 and is subject to the terms and conditions applicable to loans administered by the SBA under the PPP. Under the terms of the PPP, certain amounts of the PPP Loan may be forgiven if they are used for qualifying expenses as described in the CARES Act. The PPP Loan is included in notes payable on the consolidated balance sheet. Please see Note 16 — Subsequent Events On May 4, 2020, TBD Safety, LLC, the Company’s wholly owned subsidiary, entered into a loan agreement (“PPP Loan”) with First Home Bank under the Paycheck Protection Program (the “PPP”), which is part of the recently enacted Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) administered by the United States Small Business Administration (“SBA”). The Company received proceeds of $62,500 from the PPP Loan. In accordance with the requirements of the PPP, the Company intends to use proceeds from the PPP Loan primarily for payroll costs, subject to thresholds, rent and utilities. The PPP Loan has a 1.00% interest rate per annum and matures on May 4, 2022 and is subject to the terms and conditions applicable to loans administered by the SBA under the PPP. Under the terms of the PPP, certain amounts of the PPP Loan may be forgiven if they are used for qualifying expenses as described in the CARES Act. The PPP Loan is included in notes payable on the consolidated balance sheet. Receivables Financing On November 17, 2020, the Company, through its subsidiary, Edison Nation, LLC, entered into an Inventory Management Agreement (the “Agreement”) with the Forever 8 Fund, LLC (“F8”), an entity which our President holds a 45% ownership interest. Under the terms of the Agreement, F8 desires to maintain inventory of and sell to the Company certain Products pursuant to the terms and conditions set forth in the Agreement. As consideration for the inventory management services provided under this Agreement, the Company agrees to pay F8 a fee for each unit of each Product sold on a Platform determined in accordance with the fee schedule set forth in the applicable Product Schedule (the “Fee Schedule”) based on the Age of Inventory Sold set forth on the Fee Schedule (the “F8 Fees”). Prior to the signing of the agreement, F8 advanced the Company $239,283 that was utilized to pay for deposits with the the Company’s factories. This Agreement shall commence on the Effective Date and shall continue in full force and effect until January 31, 2022 (the “Initial Term”), unless terminated earlier as provided in this Agreement. The balance outstanding at March 31, 2021 is $0. On February 21, 2020, the Company entered into a receivables financing arrangement for certain receivables of the Company not to exceed $1,250,000 at any one time. The agreement allows for borrowings up to 85% of the outstanding receivable based on the credit quality of the customer. The fee is between 1% and 2% of the total invoices financed. On November 12, 2019, the Company entered into a Receivables Purchase Agreement with a financial institution (the “Receivables Purchase Agreement”), whereby the Company agreed to the sale of $250,000 of receivables for $200,000. The proceeds were used for general working capital. The note was paid in full on February 1, 2021. In April 2019, we entered into a receivables financing arrangement for certain receivables of the Company. The agreement allows for borrowings up to 80% of the outstanding receivable based on the credit quality of the customer. The fee is between 1% and 2% of the total invoices financed. The receivables financing arrangement was paid in full and terminated on March 30, 2021. Line of Credit On the Effective Date, the Company (as “Guarantor”) entered into a Secured Line of Credit Agreement (the “Credit Agreement”) with Global and PPE. Under the terms of the Credit Agreement, PPE is to make available to Global a revolving credit loan in a principal aggregate amount at any one time not to exceed $2,500,000. Upon each drawdown of funds against the credit line, Global shall issue a Promissory Note (the “Note”) to PPE. The Note shall accrue interest at 3% per annum and have a maturity date of six (6) months. In the event of a default, any and all amounts due to PPE by Global, including principal and accrued but unpaid interest, shall increase by forty (40%) percent and the interest shall increase to five (5%) percent (the “Default Interest”). The balance at March 31, 2021 is $1,133,652. The scheduled maturities of the debt for the next five years as of March 31, 2021, are as follows: For the Years Ended December 31, Amount 2021 (excluding the three months ended March 31, 2021) 2,692,726 2022 12,487,520 2023 434,385 2024 - 2025 - Thereafter - 15,614,631 Less: debt discount (10,000,762 ) $ 5,613,869 For the three months ended March 31, 2021, interest expense was $12,694,933 of which $76,634 was related party interest expense. For the three months ended March 31, 2020, interest expense was $723,957 of which $76,634 was related party interest expense.

Warrant Liability

Warrant Liability	3 Months Ended
	Mar. 31, 2021
Warrant Liability
Warrant Liability	Note 11 — Warrant Liability For the three months ended March 31, 2021, the Company issued warrants to purchase shares of the Company’s common stock related to multiple private placements. The warrants are as follows: Warrant Shares Exercise Price Hudson Bay Warrant; January 25, 2021 15,000,000 $ 2.000 Palladium Capital Warrant; January 25, 2021 480,000 $ 2.000 BHP Capital NY Warrant; January 28, 2021 1,500,000 $ 2.20 Hudson Bay Warrant; February 23, 2021 18,568,188 $ 3.722 Palladium Capital Warrant; February 23, 2021 1,650,346 $ 3.722 The warrants are subject to anti-dilution adjustments outlined in the Agreement. The warrants were classified as a liability with an initial fair value of $96,495,977, of which $75,156,534 was immediately expensed and $19,720,000 was recorded as a deferred debt discount. In addition, the warrants must be valued every reporting period and adjusted to market with the increase or decrease being adjusted through earnings. As of March 31, 2021, the fair value of the warrant liability was $58,235,566. The warrants were valued using the Black-Scholes pricing model to calculate the grant-date fair value of the warrants with the following assumptions: Dividend Yield Expected Volatility Risk-free Interest Rate Expected Life Hudson Bay Warrant; January 25, 2021 0.00 % 109.95 % 0.13 % 2.5 years Palladium Capital Warrant; January 25, 2021 0.00 % 109.95 % 0.13 % 2.5 years BHP Capital NY Warrant; January 28, 2021 0.00 % 110.00 % 0.12 % 2.5 years Hudson Bay Warrant; February 23, 2021 0.00 % 110.94 % 0.11 % 2.5 years Palladium Capital Warrant; February 23, 2021 0.00 % 110.94 % 0.11 % 2.5 years The warrants were valued using the Black-Scholes pricing model to calculate the March 31, 2021 fair value of the warrants with the following assumptions: Dividend Yield Expected Volatility Risk-free Interest Rate Expected Life Hudson Bay Warrant; January 25, 2021 0.00 % 113.79 % 0.16 % 2.5 years Palladium Capital Warrant; January 25, 2021 0.00 % 113.79 % 0.16 % 2.5 years BHP Capital NY Warrant; January 28, 2021 0.00 % 113.79 % 0.16 % 2.5 years Hudson Bay Warrant; February 23, 2021 0.00 % 113.79 % 0.16 % 2.5 years Palladium Capital Warrant; February 23, 2021 0.00 % 113.79 % 0.16 % 2.5 years

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Note 12 — Related Party Transactions Forever 8 Fund, LLC On November 17, 2020, the Company, through its subsidiary, Edison Nation, LLC (the “Vendor”), entered into an Inventory Management Agreement (the “Agreement”) with the Forever 8 Fund, LLC (“F8”), an entity which our President holds a 45% ownership interest. Under the terms of the Agreement, F8 desires to maintain inventory of and sell to Vendor certain Products pursuant to the terms and conditions set forth in the Agreement. As consideration for the inventory management services provided under this Agreement, Vendor agrees to pay F8 a fee for each unit of each Product sold on a Platform determined in accordance with the fee schedule set forth in the applicable Product Schedule (the “Fee Schedule”) based on the Age of Inventory Sold set forth on the Fee Schedule (the “F8 Fees”). Prior to the signing of the agreement, F8 advanced the Vendor $239,283 that was utilized to pay for deposits with the Vendors factories. This Agreement shall commence on the Effective Date and shall continue in full force and effect until January 31, 2022 (the “Initial Term”), unless terminated earlier as provided in this Agreement. The balance outstanding at March 31, 2021 is $155,768. NL Penn Capital, LP and SRM Entertainment Group LLC As of March 31, 2021 and December 31, 2020, due to related party consists of net amounts due to SRM Entertainment Group LLC (“SRM LLC”) and NL Penn Capital, LP (“NL Penn”), the majority owner of both, which are owned by Chris Ferguson, our Chairman and Chief Executive Officer. The amount due to NL Penn was assigned to TXC Services, LLC. The amount due to related parties is related to the acquisitions of Pirasta, LLC and Best Party Concepts, LLC offset by operating expenses that were paid by SRM and Edison Nation on behalf of SRM LLC and NL Penn. As of March 31, 2021 and December 31, 2020, the net amount due to related parties was $15,450 and $32,452, respectively. Such amounts are due currently. NL Penn and affiliated entities may lend additional capital to Edison Nation pursuant to terms and conditions similar to the current working capital lenders to Edison Nation such as Franklin Capital. In addition, Edison Nation borrows working capital from Franklin Capital, and Mr. Ferguson is a personal guarantor on the working capital facility provided to Edison Nation by Franklin Capital.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 13— Commitments and Contingencies Employment Agreements On February 2, 2021, the Company entered into an Employment Agreement (the “Agreement”) with Christopher Ferguson (the “Executive”) for the role of Chief Executive Officer. The Agreement is effective as of November 12, 2020 (the “Effective Date”) and has a term of three (3) years (the “Term”) from the Effective Date. Thereafter, the Agreement shall automatically be renewed and the Term shall be extended for additional consecutive terms of 1 year (each a “Renewal Term”), unless such renewal is objected to by either the Company or the Executive. The Executive’s initial annual base salary shall be $200,000, less applicable withholdings (the “Base Salary”) and 120,000 common shares that shall vest in their entirety on issuance. For 2021, the Executive shall receive a cash bonus in the amount equal to 30% of the annual Base Salary, and an award of 200% shares of the Company’s common stock, which shall vest in their entirety on issuance (the “Principal Market”), which shall be received by the Executive no later than the first 30 days of the current fiscal year. The Executive shall be entitled to 150,000 shares of the Company’s common stock, due immediately upon an increase of 2.5 times the Enterprise Value of the Company on a 5-day closing average from the effectiveness of the Agreement. As of March 31, 2021, the Enterprise Value has been achieved. On February 2, 2021, the Company entered into an Employment Agreement (the “Agreement”) with Brett Vroman (the “Executive”) for the role of Chief Financial Officer. The Agreement is effective as of November 12, 2020 (the “Effective Date”) and has a term of three (3) years (the “Term”) from the Effective Date. Thereafter, the Agreement shall automatically be renewed and the Term shall be extended for additional consecutive terms of 1 year (each a “Renewal Term”), unless such renewal is objected to by either the Company or the Executive. The Executive’s initial annual base salary shall be $200,000, less applicable withholdings (the “Base Salary”) and 120,000 common shares that shall vest in their entirety on issuance. For 2021, Executive shall receive a cash bonus in the amount equal to 30% of the annual Base Salary, and an award of 200% shares of the Company’s common stock, which shall vest in their entirety on issuance (the “Principal Market”), which shall be received by the Executive no later than the first 30 days of the current fiscal year. Upon the execution of this agreement, the Executive is entitled to a one-time past performance bonus for the work completed in fiscal years 2018, 2019 and 2020 of 150,000 shares of the Company’s common stock, which shall vest in their entirety on issuance. The Executive shall be entitled to 100,000 shares of the Company’s common stock, due immediately upon an increase of 2.5 times the Enterprise Value of the Company on a 5-day closing average from the effectiveness of the Agreement. As of March 31, 2021, the Enterprise Value has been achieved. On February 2, 2021, the Company entered into an Employment Agreement (the “Agreement”) with Brian Mc Fadden (the “Executive”) for the role of Chief Strategy Officer. The Agreement is effective as of November 12, 2020 (the “Effective Date”) and has a term of three (3) years (the “Term”) from the Effective Date. Thereafter, the Agreement shall automatically be renewed and the Term shall be extended for additional consecutive terms of 1 year (each a “Renewal Term”), unless such renewal is objected to by either the Company or the Executive. The Executive’s initial annual base salary shall be $200,000, less applicable withholdings (the “Base Salary”) and 120,000 common shares that shall vest in their entirety on issuance. For 2021, the Executive shall receive a cash bonus in the amount equal to 30% of the annual Base Salary, and an award of 200% shares of the Company’s common stock, which shall vest in their entirety on issuance (the “Principal Market”), which shall be received by the Executive no later than the first 30 days of the current fiscal year. Upon the execution of the Agreement, the Executive is entitled to a one-time signing bonus of 150,000 shares of the Company’s common stock, which shall vest in their entirety on issuance. The Executive shall be entitled to 100,000 shares of the Company’s common stock, due immediately upon an increase of 2.5 times the Enterprise Value of the Company on a 5-day closing average from the effectiveness of the Agreement. As of March 31, 2021, the Enterprise Value has been achieved. Operating Lease The Company has entered into non-cancellable operating leases for office, warehouse, and distribution facilities, with original lease periods expiring through 2022. In addition to minimum rent, certain of the leases require payment of real estate taxes, insurance, common area maintenance charges, and other executory costs. Differences between rent expense and rent paid are recognized as adjustments to operating lease right-of-use assets on the consolidated balance sheets. Total rent expense for the three months ended March 31, 2021 and 2020 was $26,553 and $146,287, respectively. Rent expense is included in general and administrative expense on the consolidated statements of operations. As of March 31, 2021, the Company had operating lease liabilities of $58,713 and right of use assets for operating leases of $128,871. During the three months ended March 31, 2021 and 2020, operating cash outflows relating to operating lease liabilities was $23,723 and $74,776, respectively, and the expense for right of use assets for operating leases was $24,163 and $77,823, respectively. As of March 31, 2021, the Company’s operating leases had a weighted-average remaining term of 1.6 years and weighted-average discount rate of 4.5%. Excluded from the measurement of operating lease liabilities and operating lease right-of-use assets were certain office, warehouse and distribution contracts that qualify for the short-term lease recognition exception. Rental Income Fergco leases a portion of the building located in Washington, New Jersey that it owns under a month to month lease. Total rental income related to the leased space for both the three months ended March 31, 2021 and 2020 was $25,704 and $25,704, respectively, and is included in other income on the consolidated statements of operations. Legal Contingencies The Company is involved in claims and litigation in the ordinary course of business, some of which seek monetary damages, including claims for punitive damages, which are not covered by insurance. For certain pending matters, accruals have not been established because such matters have not progressed sufficiently through discovery, and/or development of important factual information and legal information is insufficient to enable the Company to estimate a range of possible loss, if any. An adverse determination in one or more of these pending matters could have an adverse effect on the Company’s consolidated financial position, results of operations or cash flows. We are, and may in the future become, subject to various legal proceedings and claims that arise in or outside the ordinary course of business. Oceanside Traders, LLC v. Cloud b, Inc. and Vinco Ventures, Inc. f/k/a Edison Nation, Inc. On April 14, 2020, Oceanside Traders, LLC filed a complaint against Cloud B, Inc. and Vinco Ventures, Inc. with the Superior Court of Ocean County, State of New Jersey, alleging breach of contract and other claims resulting in total damages in the amount of $440,383, consisting of $141,007 for failure to pay plaintiff for goods sold, for $138,180 for overpayments and $161,196 for lost profits. On November 9, 2020, Plaintiff filed an amended complaint, adding other defendants, alleging breach of contract, breach of covenant of good faith and fair dealing, quasi-contract/unjust enrichment, conversion, fraud, negligent misrepresentation, fraudulent transfer, and piercing the corporate veil. On December 4, 2020, Vinco Ventures, Inc. filed its amended answer. On December 28, 2020, the other defendants filed a motion to dismiss on jurisdictional grounds which is currently pending before the court. On February 24, 2021, the Company entered into a Settlement Agreement and General Release of All Claims (the “Settlement Agreement”) with Edison Nation, LLC, Pearl 33 Holdings, LLC and Christopher Ferguson (collectively, the “Settling Defendants”) and Oceanside Traders, LLC (the “Plaintiff”). Under the terms of the Settlement Agreement, the Settling Defendants agreed to pay the Plaintiff the sum of $150,000 within one business day of execution of the Settlement Agreement. In exchange, the Plaintiff agreed to dismiss the Amended Complaint in its entirety and with prejudice against the Settling Defendants. The Company made payment in the amount of $150,000 on February 25, 2021. Rosenberg Fortuna & Laitman, LLP and Mark Principe v. Safe TV, LLC On March 13, 2019, Rosenberg Fortuna & Laitman, LLP and Mark Principe filed a complaint against Safe TV Shop, LLC with the Supreme Court of the State of New York, County of Nassau alleging a breach of indemnification arising out of the use of a certain packaging material. On February 12, 2020, the parties entered a Stipulation and Settlement and Consent Agreement for a Consent Judgment in the amount of $50,000. Safe TV, LLC has no assets and there have been no operations by Safe TV, LLC since the date of acquisition by Vinco Ventures, Inc. On April 5, 2021, the Company, through Safe TV Shop, LLC, entered into a Settlement Agreement and Release of Claims (the “Settlement”). Under the terms of the Settlement, the Company is to make payment in the amount of $25,000 on or before April 9, 2021. The Company made payment in the amount of $25,000 on April 8, 2021. Gerald Whitt, et al. v. Vinco Ventures, CBAV1, LLC, et al. On October 27, 2020, Gerald Whitt, et al, the minority shareholders of Cloud b Inc. (“Whitt Plaintiffs”) filed a civil complaint in the Superior Court of the State of California against Vinco Ventures, Inc., CBAV1, LLC and other parties, alleging fraudulent concealment, breach of fiduciary duty, breach of contract, breach of confidence, intentional misrepresentation, negligent misrepresentation, unfair business practices and civil conspiracy (the “ Whitt Complaint Vinco Ventures, Inc., et al. v. Milam Knecht & Warner, LLP, Michael D. Milam, Gerald Whitt, Alexander Whitt, et al. On December 31, 2020, Vinco Ventures, Inc., and other parties, filed a complaint against the Whitt Plaintiffs, and other parties, with the United States District Court for Eastern District of Pennsylvania, alleging intentional misrepresentation, negligent misrepresentation, negligence, conspiracy, unfair business practices, abuse of process, civil extortion, trade libel and defamation. Defendants entered their appearances, Plaintiffs filed an amended complaint and Defendants filed motions to dismiss the complaint, which are currently pending before the Court.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Stockholders' Equity	Note 14 — Stockholders’ Equity Common Stock The Company is authorized to issue 250,000,000 shares of common stock. As of March 31, 2021 and December 31, 2020, there were 25,685,981 and 14,471,403 shares of common stock issued and outstanding, respectively. On January 29, 2021 (the “Effective Date”), the Company consummated the closing of a private placement offering of $3,300,000 whereby pursuant to the Securities Purchase Agreement entered into by the Company on January 28, 2021 with BHP Capital NY Inc (the “Investor”), the Company issued 1,500,000 shares of restricted common stock and a five (5) year warrant to purchase shares of the Company’s common stock. During the three months ended March 31, 2021, warrant shares of 880,798 were exercised and the Company received net proceeds of $1,690,604. Preferred Stock On February 2, 2021, the Company filed an Amendment to the Certificate of Designation (the “Amendment”) for the Company’s Series B Convertible Preferred Stock (“Preferred Stock”). Under the Amendment, each share of Preferred Stock shall entitle the holder thereof to vote on all matters voted on by the holders of Common Stock, voting together as a single class with other shares entitled to vote at all meetings of the stockholders of the Corporation. With respect to any such vote, each share of Preferred Stock shall entitle the holder thereof to cast the number of votes equal to the number of whole shares of Common Stock into which such shares of Preferred Stock are then convertible (the “Conversion Shares”). Such right may be exercised at any annual meeting or special meeting, or pursuant to any written consent of stockholders. On October 16, 2020, the Company filed a Certificate of Designation (the “Designation”) with the Secretary of State of Nevada, which designates 1,000,000 shares of the Company’s preferred stock, par value $0.001 per share, as Series B Convertible Preferred Stock (“Series B”). Pursuant to the terms of the Designation, holders of the Series B shall be entitled to dividends, a liquidation preference and shall have conversion rights. Each share of Series B shall be convertible into 1 share of Common Stock, on or after the twelve-month anniversary of the Original Issue Date at the option of the Holder thereof, for a total not to exceed 1,000,000 shares of Common Stock. The holders of the Series B shall have no voting rights. On March 25, 2020, the Company filed a certificate of amendment to the Company’s articles of incorporation with the Secretary of State of the State of Nevada in order to: (i) increase the number of shares of the Company’s authorized preferred stock, par value $0.001 per share, from 0 shares to 30,000,000 shares of preferred stock; (ii) clarify the application of the forum selection clause in the Company’s amended and restated articles of incorporation, specifically that such clause does not apply to federal causes of actions arising under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended (the “Exchange Act”); and (iii) include affirmative changes to correspond to the Company’s First Amended and Restated Bylaws, confirming that the Company’s shareholders may vote by written consent. The Company is authorized to issue 30,000,000 shares of preferred stock. As of March 31, 2021 and December 31, 2020, there were 764,618 and 764,618 shares of Series B Preferred Stock issued and outstanding, respectively. Stock-Based Compensation On September 6, 2018, the Company’s board of directors approved an amendment and restatement of the Company’s omnibus incentive plan solely to reflect the Company’s name change to Edison Nation, Inc. Thus, the Edison Nation, Inc. Omnibus Incentive Plan (the “Plan”) which remains effective as of February 9, 2018, provides for the issuance of up to 1,764,705 (287,659 remaining as of March 31, 2021) shares of common stock to help align the interests of management and our stockholders and reward our executive officers for improved Company performance. Stock incentive awards under the Plan can be in the form of stock options, restricted stock units, performance awards and restricted stock that are made to employees, directors and service providers. Awards are subject to forfeiture until vesting conditions have been satisfied under the terms of the award. The exercise price of stock options is equal to the fair market value of the underlying Company common stock on the date of grant. The following table summarizes stock option awards outstanding at March 31, 2021: Shares Weighted Average Exercise Price Remaining Contractual Life in Years Aggregate Intrinsic Value Balance, December 31, 2020 80,000 $ 7.01 3.2 - Granted - - - - Balance, March 31, 2021 80,000 $ 7.01 2.9 - Exercisable, March 31, 2021 80,000 $ 7.01 2.9 - As of March 31, 2021, there were no unvested options to purchase shares of the Company’s common stock and there was no unrecognized equity-based compensation expense that the Company expected to recognize over a remaining weighted-average period. Other Stock Awards The Company issued 1,262,872 shares of common stock to employees for services valued at $3,292,190 for the three months ended March 31, 2021. The Company issued 943,000 shares of common stock to vendors for services valued at $2,036,335 for the three months ended March 31, 2021. From time to time, the Company grants shares of common stock to consultants and non-employee vendors for services performed. The awards are valued at the market value of the underlying common stock at the date of grant and vest based on the terms of the contract which is usually upon grant.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 15 — Discontinued Operations Discontinued operations are accounted for in accordance with the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Section 360-10-35 Property, Plant and Equipment. In accordance with FASB ASC Section 360-10-35, the net assets of discontinued operations are recorded on our consolidated balance sheets at carrying value. The results of operations of discontinued operations are segregated from continuing operations and reported separately as discontinued operations in our consolidated statements of loss and comprehensive loss. On March 12, 2021, the bankruptcy court approved the sale of the CBAV1, LLC Assets to BTL Diffusion SARL, the winning bidder, at the auction held on March 10, 2021 and March 11, 2021 for a total sum of $3,000,000, which includes a cash payment at closing in the amount of $2,650,000, less certain closing costs and credits, and additional royalty payments in the amount of $150,000 on April 15, 2022 and in the amount of $200,000 on April 15, 2023 (“ CBAV1-BTL Transaction A first closing of the CBAV1-BTL Transaction occurred on April 16, 2021, with the transfer of assets and release of funds completed on April 21, 2021 (“ Final Closing Edison Nation On November 30, 2020, the Company (the “Seller”) and its wholly owned subsidiary, SRM Entertainment, LTD (“SRM”) entered into a Stock Exchange Agreement (the “Exchange Agreement”) with Jupiter Wellness, Inc. (“Jupiter”)(the “Buyer”). Under the terms of the Exchange Agreement, the Buyer agreed to purchase all outstanding shares of common stock (the “Exchange Shares”) issued by SRM from the Seller. As consideration for the purchase of the Exchange Shares, the Buyer agreed to exchange 200,000 shares of its restricted common stock (the “Consideration Shares”), symbol JUPW as listed on NASDAQ Capital Markets. The Company made the decision to divest the amusement park business due to the slow re-openings of amusement parks around the world and the investment that would have been needed to remain open and the investment required to relaunch as the amusement parks begin to get back to full capacity. The following table presents the carrying values of the assets and liabilities of our discontinued operations at March 31, 2021 and December 31, 2020, respectively: March 31, 2021 December 31, 2020 Assets Current assets: Accounts receivable, net $ 413,962 $ 220,964 Inventory 779,918 559,737 Prepaid expenses and other current assets 160,666 261,980 Total current assets 1,354,546 1,042,680 Total assets $ 1,354,546 $ 1,042,680 Liabilities and stockholders’ equity Current liabilities: Accounts payable $ 589,363 $ 487,454 Total current liabilities $ 589,363 $ 487,454 The following table presents the summary results of operations of our discontinued operations for the three months ended March 31, 2021 and 2020, respectively: For the Three Months Ended March 31, 2021 2020 Revenues, net $ 697,883 $ 1,713,764 Cost of revenues 490,195 1,054,693 Gross profit 207,688 659,071 Operating expenses: Selling, general and administrative 286,602 903,764 Operating income 78,914 (244,693 ) Other (expense) income: Gain on divestiture - 4,911,760 Total other (expense) income - 4,911,760 (Loss) income before income taxes 78,914 4,667,067 Income tax expense - - Net (loss) income $ 78,914 $ 4,667,067

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 16 — Subsequent Events On April 5, 2021, the Company, through Safe TV Shop, LLC, entered into a Settlement Agreement and Release of Claims (the “Settlement”). Under the terms of the Settlement, the Company is to make payment in the amount of $25,000 on or before April 9, 2021. The Company made the payment on April 8, 2021. On April 7, 2021, the Company issued 150,000 shares of common stock valued at $382,500 for consulting services as per the Consulting Agreements entered into on March 31, 2021. On April 7, 2021, the Company issued 525,541 shares of common stock valued at $924,952 to an employee as per the terms of an employment agreement. On April 7, 2021, the Company issued 475,451 shares of common stock valued at $836,794 to an employee as per the terms of an employment agreement. On April 7, 2021, the Company issued 597,273 shares of common stock valued at $1,051,200 to an employee as per the terms of an employment agreement. On April 17, 2021, Vinco Ventures, Inc. (“Vinco”) and EVNT Platform, LLC, a wholly owned subsidiary of Vinco (“the Company” or “Buyer”), entered into (and closed on) a certain Asset Contribution Agreement (“Asset Contribution Agreement”) with Emmersive Entertainment, Inc. (“Emmersive” or “Seller”), pursuant to which Emmersive contributed/transferred to the Company the assets used for Emmersive’s business, which include digital assets, software and certain physical assets (the “Contributed Assets”) in consideration for, among other things, the Company assuming certain obligations of Emmersive, hiring certain employees, and issuing 1,000,000 preferred membership units (“Preferred Units”) in the Company to Emmersive and/or its shareholders (“Preferred Members”) pursuant to a First Amended and Restated Operating Agreement for the Company dated as of April 17, 2021(“Amended Operating Agreement”). Certain put rights are associated with Preferred Units, which if exercised by the Preferred Members, obligates Vinco to purchase the Preferred Units in exchange for 1,000,000 shares of Vinco Venture’s common stock (“Put Rights”). In addition, the Preferred Members have the opportunity to earn up to 4,000,000 Conditional Preferred Units if certain conditions are satisfied for each of the four earn out targets (“Earn-Out Targets”). The Earn-Out Targets are described below: Earn-Out Target 1 Earn-Out Target 2 Earn-Out Target 3: Earn Out Target 4 On April 17, 2021, the transactions under both the Asset Contribution Agreement and Amended Operating Agreement closed. On April 15, 2020, the Company entered into a loan agreement (“PPP Loan”) with First Choice Bank under the Paycheck Protection Program (the “PPP”), which is part of the recently enacted Coronavirus Aid, Relief, and Economic Security Act administered by the United States Small Business Administration. The Company received proceeds of $789,852 from the PPP Loan. On May 4, 2021, the Company’s PPP loan was forgiven. On April 16, 2021, a dry closing of the CBAV1-BTL Transaction occurred with the transfer of assets and release of funds completed on April 21, 2021 (“ Final Closing Edison Nation On May 18, 2021, the Company issued 501,250 shares of common stock to a noteholder in satisfaction of $1,000,000 principal and $2,500 in accrued interest. On May 24, 2021, the Company entered into a warrant exercise agreement (the “Agreement”) with Hudson Bay Master Fund Ltd. (“Hudson Bay”) who agreed to exercise a portion of the January Warrants and the Company agreed to issue additional warrants, to purchase shares of Common Stock at a per-share exercise price equal to $3.20 (the “Incentive Warrants”, all pursuant to the terms and conditions set forth in the Agreement. At the Closing (as defined in Section 2(b) of the Agreement), the Parties shall execute and deliver a registration rights agreement (the “Registration Rights Agreement”), pursuant to which the Company will agree to register the shares of Common Stock underlying the Incentive Warrants. Subject to the terms of Agreement, (i) Hudson Bay shall pay to the Company an amount equal to the exercise price in effect as of the date of such exercise multiplied by 2,870,000 shares (as adjusted for any share split or similar transaction after the date hereof) (the “Exercised Warrant Shares”) and (ii) the Company shall issue and deliver Incentive Warrants to Hudson Bay to initially purchase an aggregate number of shares equal to the number of Exercised Warrant Shares, which number of shares shall be subject to adjustment upon the exercise of further shares pursuant to the January Warrants.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Edison Nation, Inc. and its wholly-owned and majority owned subsidiaries.
Reclassifications	Reclassifications Certain amounts previously presented in the consolidated financial statements have been reclassified to conform to the current year presentation. Such reclassifications had no effect on the previously reported net loss, Stockholders’ equity or cash flows.
Use of Estimates	Use of Estimates Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the financial statements. The Company’s significant estimates used in these financial statements include, but are not limited to, accounts receivable reserves, the valuation allowance related to the Company’s deferred tax assets, the recoverability and useful lives of long-lived assets, debt conversion features, stock-based compensation, certain assumptions related to the valuation of the reserved shares and the assets acquired and liabilities assumed related to the Company’s acquisitions. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates.
Discontinued Operations	Discontinued Operations A component of an entity that is disposed of by sale or abandonment is reported as discontinued operations if the transaction represents a strategic shift that will have a major effect on an entity’s operations and financial results. The results of discontinued operations are aggregated and presented separately in the Consolidated Statement of Operations. Assets and liabilities of the discontinued operations are aggregated and reported separately as assets and liabilities of discontinued operations in the Consolidated Balance Sheet, including the comparative prior year period. The Company’s cash flows are reflected as cash flows from discontinued operations within the Company’s Consolidated Statements of Cash Flows for each period presented.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents in the consolidated financial statements. The Company has cash on deposit in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. The Company reduces its credit risk by placing its cash and cash equivalents with major financial institutions. The Company had approximately $5,525,744 of cash and cash equivalents at March 31, 2021 of which none was held in foreign bank accounts not covered by FDIC insurance limits as of March 31, 2021.
Accounts Receivable	Accounts Receivable Accounts receivable are carried at their contractual amounts, less an estimate for uncollectible amounts. Management estimates the allowance for bad debts based on existing economic conditions, historical experience, the financial conditions of the customers, and the amount and age of past due accounts. Receivables are considered past due if full payment is not received by the contractual due date. Past due accounts are generally written off against the allowance for bad debts only after all collection attempts have been exhausted. No customers represented more than 10% of total accounts receivable.
Inventory	Inventory Inventory is recorded at the lower of cost or net realizable value on a first-in, first-out basis. The Company reduces the carrying value of inventories for those items that are potentially excess, obsolete, or slow moving based on changes in customer demand, technology developments, or other economic factors.
Short-Term Investments	Short-Term Investments Short-term investments consisted of equity securities. The Company classified its investments as Trading securities. Accordingly, such investments were reported at fair market value, with the resultant unrealized gains and losses reported as a component of the consolidated statements of operations. Fair value for Trading securities was determined by reference to quoted market prices.
Property and Equipment, Net	Property and Equipment, Net Property and equipment are stated at cost, net of accumulated depreciation and amortization, which is recorded commencing at the in-service date using the straight-line method over the estimated useful lives of the assets, as follows: 3 to 5 years for office equipment, 5 to 7 years for furniture and fixtures, 6 to 10 years for machinery and equipment, 10 to 15 years for building improvements, 5 years for software, 5 years for molds, 5 to 7 years for vehicles and 40 years for buildings.
Equity Method Investments	Equity Method Investments We apply the equity method of accounting to investments when we have significant influence, but not controlling interest in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments will be reported under a line item captioned equity method investment income in our Consolidated Statements of Operations. The carrying value of our equity method investments is reported in equity method investments in the Consolidated Balance Sheets. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company classifies distributions received from equity-method investments using the cumulative earnings approach on the Consolidated Statements of Cash Flows. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. The Company did not record any impairments related to its investments in 2021. For the three months ended March 31, 2021, there was no income or loss.
Revenue Recognition	Revenue Recognition Generally, the Company considers all revenues as arising from contracts with customers. Revenue is recognized based on the five-step process outlined in the Accounting Standards Codification (“ASC”) 606: Step 1 – Identify the Contract with the Customer – A contract exists when (a) the parties to the contract have approved the contract and are committed to perform their respective obligations, (b) the entity can identify each party’s rights regarding the goods or services to be transferred, (c) the entity can identify the payment terms for the goods or services to be transferred, (d) the contract has commercial substance and it is probable that the entity will collect substantially all of the consideration to which it will be entitled in exchange for the goods or services that will be transferred to the customer. Step 2 – Identify Performance Obligations in the Contract – Upon execution of a contract, the Company identifies as performance obligations each promise to transfer to the customer either (a) goods or services that are distinct, or (b) a series of distinct goods or services that are substantially the same and have the same pattern of transfer to the customer. To the extent a contract includes multiple promised goods or services, the Company must apply judgement to determine whether the goods or services are capable of being distinct within the context of the contract. If these criteria are not met, the goods or services are accounted for as a combined performance obligation. Step 3 – Determine the Transaction Price – When (or as) a performance obligation is satisfied, the Company shall recognize as revenue the amount of the transaction price that is allocated to the performance obligation. The contract terms are used to determine the transaction price. Generally, all contracts include fixed consideration. If a contract did include variable consideration, the Company would determine the amount of variable consideration that should be included in the transaction price based on expected value method. Variable consideration would be included in the transaction price, if in the Company’s judgement, it is probable that a significant future reversal of cumulative revenue under the contract would not occur. Step 4 – Allocate the Transaction Price – After the transaction price has been determined, the next step is to allocate the transaction price to each performance obligation in the contract. If the contract only has one performance obligation, the entire transaction price will be applied to that obligation. If the contract has multiple performance obligations, the transaction price is allocated to the performance obligations based on the relative standalone selling price (SSP) at contract inception. Step 5 – Satisfaction of the Performance Obligations (and Recognize Revenue) – Revenue is recognized when (or as) goods or services are transferred to a customer. The Company satisfies each of its performance obligations by transferring control of the promised good or service underlying that performance obligation to the customer. Control is the ability to direct the use of and obtain substantially all of the remaining benefits from an asset. It includes the ability to prevent other entities from directing the use of and obtaining the benefits from an asset. Indicators that control has passed to the customer include: a present obligation to pay; physical possession of the asset; legal title; risks and rewards of ownership; and acceptance of the asset(s). Performance obligations can be satisfied at a point in time or over time. Substantially all of the Company’s revenues continue to be recognized when control of the goods is transferred to the customer, which is upon shipment of the finished goods to the customer. All sales have fixed pricing and there are currently no material variable components included in the Company’s revenue. Additionally, the Company will issue credits for defective merchandise, historically these credits for defective merchandise have not been material. Based on the Company’s analysis of the new revenue standards, revenue recognition from the sale of finished goods to customers, which represents substantially all of the Company’s revenues, was not impacted by the adoption of the new revenue standards.
Disaggregation of Revenue	Disaggregation of Revenue The Company’s primary revenue streams include the sale and/or licensing of consumer goods and packaging materials for innovative products. The Company’s licensing business is not material and has not been separately disaggregated for segment purposes. The disaggregated Company’s revenues for the three months ended March 31, 2021 and 2020 was as follows: For the Three Months Ended March 31, 2021 2020 Revenues: Product sales $ 2,487,869 $ 3,626,901 Licensing revenues 77,293 40,209 Total revenues, net $ 2,565,162 $ 3,667,110 For the three months ended March 31, 2021 and 2020, the following customer represented more than 10% of total net revenues: For the Three Months Ended March 31, 2021 2020 Customer A 14 % 11 % * Customer did not represent greater than 10% of total net revenue. For the three months ended March 31, 2021 and 2020, the following geographical regions represented more than 10% of total net revenues: For the Three Months Ended March 31, 2021 2020 North America 100 % 82 % Europe * % 17 % * Region did not represent greater than 10% of total net revenue.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures” (“ASC 820”) which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example, cash flow modeling inputs based on assumptions) The carrying amounts of the Company’s financial instruments, such as cash, accounts receivable and accounts payable, approximate fair values due to the short-term nature of these instruments. The carrying amount of the Company’s notes payable approximates fair value because the effective yields on these obligations, which include contractual interest rates, taken together with other features such as concurrent issuance of warrants, are comparable to rates of returns for instruments of similar credit risk. The loan held for investment was acquired at fair value, which resulted in a discount. The following fair value of financial assets and liabilities and the input level used to determine the fair value at March 31, 2021 is presented below: Fair Value Measurements as of March 31, 2021 Level 1 Level 2 Level 3 Assets: Short-term investments $ 948,000 $ - $ - Liabilities: Warrant liability - - 58,235,566 Total 948,000 - 58,235,566 The following table presents a reconciliation of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2021: Warrant Liability (Level 3) Balance, December 31, 2020 $ - Issuance of warrants 94,876,535 Change in fair value (36,381,542 ) Exercise of warrants (259,427 ) Balance, March 31, 2021 $ 58,235,566 There were no short-term investments held at March 31, 2020. U.S. equity stocks represent investment in stocks of U.S. based companies. The valuation inputs for U.S. equity stocks are based on the last published price reported on the major stock market on which the securities are traded and are primarily classified as Level 1. Securities whose valuation inputs are not based on observable market information are classified as Level 3.
Warrant Accounting	Warrant Accounting The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, “Derivatives and Hedging”. The Company classifies a warrant to purchase shares of its common stock as a liability on its consolidated balance sheets as this warrant is a free-standing financial instrument that may require the Company to transfer consideration upon exercise (Please see Note 11 — Warrant Liability
Sequencing Policy	Sequencing Policy Under ASC 815-40-35, the Company follows a sequencing policy whereby, in the event that reclassification of contracts from equity to assets or liabilities is necessary pursuant to ASC 815 due to the Company’s inability to demonstrate it has sufficient authorized shares as a result of certain securities with a potentially indeterminable number of shares, shares will be allocated on the basis of the earliest issuance date of potentially dilutive instruments, with the earliest grants receiving the first allocation of shares. Pursuant to ASC 815, issuance of securities to the Company’s employees or directors are not subject to the sequencing policy.
Foreign Currency Translation	Foreign Currency Translation The Company uses the United States dollar as its functional and reporting currency since the majority of the Company’s revenues, expenses, assets and liabilities are in the United States. Assets and liabilities in foreign currencies are translated using the exchange rate at the balance sheet date, while revenue and expense accounts are translated at the average exchange rates prevailing during the year. Equity accounts are translated at historical exchange rates. Gains and losses from foreign currency transactions and translation for the three months ended March 31, 2021 and 2020 and the cumulative translation gains and losses as of March 31, 2021 and December 31, 2020 were not material.
Net Earnings or Loss per Share	Net Earnings or Loss per Share Basic net income (loss) per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding during the period. Diluted net income per common share is computed by dividing net income by the weighted average number vested of common shares, plus the net impact of common shares (computed using the treasury stock method), if dilutive, resulting from the exercise of dilutive securities. In periods when losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. As of March 31, 2021 and 2020, the Company excluded the common stock equivalents summarized below, which entitled the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive. March 31, March 31, 2021 2020 Selling Agent Warrants - 160,492 Placement Agent Warrants 2,034,346 - Options 80,000 80,000 Convertible shares under notes payable 2,647,587 285,632 Warrants 35,068,188 - Restricted stock units - - Series B Convertible Stock 764,618 - Shares to be issued 1,608,355 - Total $ 42,203,094 $ 526,124
Subsequent Events	Subsequent Events The Company has evaluated subsequent events through the date which the financial statements were issued. Based upon such evaluation, except for items described in Note 10, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the financial statements.
Segment Reporting	Segment Reporting The Company uses “the management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker is the Chairman and Chief Executive Officer (“CEO”) of the Company, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. The Company deploys resources on a consolidated level to all brands of the Company and therefore the Company only identifies one reportable operating segment with multiple product offerings.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Schedule of Disaggregation of Revenue	The disaggregated Company’s revenues for the three months ended March 31, 2021 and 2020 was as follows: For the Three Months Ended March 31, 2021 2020 Revenues: Product sales $ 2,487,869 $ 3,626,901 Licensing revenues 77,293 40,209 Total revenues, net $ 2,565,162 $ 3,667,110
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	For the three months ended March 31, 2021 and 2020, the following customer represented more than 10% of total net revenues: For the Three Months Ended March 31, 2021 2020 Customer A 14 % 11 % * Customer did not represent greater than 10% of total net revenue. For the three months ended March 31, 2021 and 2020, the following geographical regions represented more than 10% of total net revenues: For the Three Months Ended March 31, 2021 2020 North America 100 % 82 % Europe * % 17 % * Region did not represent greater than 10% of total net revenue.
Schedule of Fair Value Financial Assets and Liabilities	The following fair value of financial assets and liabilities and the input level used to determine the fair value at March 31, 2021 is presented below: Fair Value Measurements as of March 31, 2021 Level 1 Level 2 Level 3 Assets: Short-term investments $ 948,000 $ - $ - Liabilities: Warrant liability - - 58,235,566 Total 948,000 - 58,235,566
Schedule of Reconciliation of Liabilities Measured at Fair Value	The following table presents a reconciliation of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2021: Warrant Liability (Level 3) Balance, December 31, 2020 $ - Issuance of warrants 94,876,535 Change in fair value (36,381,542 ) Exercise of warrants (259,427 ) Balance, March 31, 2021 $ 58,235,566
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	As of March 31, 2021 and 2020, the Company excluded the common stock equivalents summarized below, which entitled the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive. March 31, March 31, 2021 2020 Selling Agent Warrants - 160,492 Placement Agent Warrants 2,034,346 - Options 80,000 80,000 Convertible shares under notes payable 2,647,587 285,632 Warrants 35,068,188 - Series B Convertible Stock 764,618 - Shares to be issued 1,608,355 - Total $ 42,203,094 $ 526,124

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	3 Months Ended
	Mar. 31, 2021
Business Combinations [Abstract]
Schedule of Business Combination of Assets and Liabilities	The table below shows the assets and liabilities that the Company was relieved of in the transaction: February 17, Accounts payable 4,005,605 Accrued Expenses 370,289 Income Tax Payable 14,473 Notes Payable 900,000 Non-Controlling Interest 26,393 Shares to be issued to Buyer (405,000 ) Gain on divestiture $ 4,911,760

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The following table presents the carrying values of the assets and liabilities of entities that are VIEs and consolidated by the Company at March 31, 2021: March 31, 2021 December 31, 2020 Assets Current assets: Cash and cash equivalents $ 15,994 $ 10,481 Accounts receivable, net 113,493 94,195 Inventory 251,918 240,158 Prepaid expenses and other current assets - - Total current assets 381,405 344,834 Property and equipment, net - - Total assets $ 381,405 $ 344,834 Liabilities and stockholders’ equity Current liabilities: Accounts payable $ 174,311 $ 217,558 Accrued expenses and other current liabilities 19,326 113,576 Line of credit, net of debt issuance costs of $0 and $15,573, respectively 1,133,652 1,133,652 Notes payable, current - 150,000 Due to related party 315,666 315,666 Total current liabilities 1,642,955 1,930,452 The following table presents the operations of entities that are VIEs and consolidated by the Company at March 31, 2021: For the Three Months Ended March 31, 2021 2020 Revenues, net $ 214,394 $ 352,523 Cost of revenues 84,155 204,943 Gross profit 130,239 147,580 Operating expenses: Selling, general and administrative 100,421 450,693 Operating income 29,818 (303,113 ) Other (expense) income: Interest expense (26,250 ) - Total other (expense) income (26,250 ) - Gain before income taxes 3,568 (303,113 ) Income tax expense - - Net (loss) income $ 3,568 $ (303,113 )

Short-Term Investments (Tables)

Short-Term Investments (Tables)	3 Months Ended
	Mar. 31, 2021
Investments, All Other Investments [Abstract]
Schedule of Short-Term Investments	As of March 31, 2021 and December 31, 2020, short-term investments consisted of the following: March 31, December 31, 2021 2020 Jupiter Wellness, Inc. (JUPW) (i) $ 1,040,000 $ 1,040,000 Unrealized losses (92,000 ) (22,000 ) Total short-term investments $ 948,000 $ 1,018,000 (i) On November 30, 2020, the Company and its wholly owned subsidiary, SRM Entertainment, LTD entered into a Stock Exchange Agreement with Jupiter Wellness, Inc. (“Jupiter”). Under the terms of the Exchange Agreement, Jupiter purchased all outstanding shares of common stock (the “Exchange Shares”) issued by SRM from the Company. As consideration for the purchase of the Exchange Shares, Jupiter issued the Company 200,000 shares of its restricted common stock, symbol JUPW as listed on NASDAQ Capital Markets. On March 31, 2021, the closing price of JUPW was $5.20 on the Nasdaq.

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	As of March 31, 2021 and December 31, 2020, property and equipment consisted of the following: March 31, December 31, 2021 2020 Land $ 79,100 $ 79,100 Buildings – rental property 463,635 463,635 Building improvements 800,225 800,225 Equipment and machinery 4,141,145 4,122,917 Furniture and fixtures 368,137 368,137 Computer software - - Molds 79,300 79,300 Vehicles 521,962 521,962 6,435,504 6,435,276 Less: accumulated depreciation (5,457,287 ) (5,424,475 ) Total property and equipment, net $ 996,217 $ 1,010,801

Loan Receivable (Tables)

Loan Receivable (Tables)	3 Months Ended
	Mar. 31, 2021
Loan Receivable
Schedule of Loan Receivable	As of March 31, 2021 and December 31, 2020, loan receivable consisted of the following: March 31, December 31, 2021 2020 Loan to Zash Global Media and Entertainment Corporation (i) $ 5,000,000 $ - (i) On February 18, 2021, the Company loaned $5,000,000 to ZASH Global Media and Entertainment Corporation (“ZASH”). The interest rate on the note is 3% per annum. The maturity date of the loan is August 17, 2023. The purpose of the loan is to engage in the acquisition, development and production of consumer facing content and related activities. (ii) On January 20, 2021, the Company entered into an Agreement to Complete a Plan of Merger (the “Merger Agreement”) with ZASH Global Media and Entertainment Corporation (“ZASH”) and Vinco Acquisition Corporation, a subsidiary of ours formed for the sole purpose of the merger contemplated by the Merger Agreement (the Merger Sub”). The Merger Agreement contemplates a reverse triangular merger of Merger Sub with and into ZASH in a transaction intended to qualify as a tax-free reorganization under Sections 368(a)(l)(A) and 368(a)(2)(E) of the Internal Revenue Code. Under the terms of the Merger Agreement, the holders of ZASH common stock will receive shares of the Company’s common stock (the “Merger Shares”) in exchange for all of their issued and outstanding ZASH shares of common stock. ZASH will then become an indirect wholly owned subsidiary of the Company. The merger will represent a change of control transaction as upon the completion of the merger, the shareholders of ZASH will own a controlling interest in the Company. The merger and the issuance of the Merger Shares are subject to adoption and approval by the holders of a majority of the outstanding shares of the Company’s common stock. In connection with the merger, the certificate of incorporation of the Company will be amended and restated, and the name of the Company will be changed to “ZASH Global Media and Entertainment Corporation.” The bylaws of the Company will also be amended and restated to become the equivalent of the bylaws of ZASH immediately prior to the closing under the Merger Agreement (the “Closing”). At the Closing, certain officers and directors of the Company immediately prior to the effective time of the merger will resign and the officers and directors of ZASH immediately prior to the Closing will be appointed as officers and directors of the Company and the surviving corporation in the merger, in each case until their respective successors are duly elected or appointed and qualified; provided, however that the Company shall have the right to appoint two persons to serve as members of the board of directors of the Company and ZASH will have the right to appoint three persons to serve as members of the board of directors of the Company.

Equity Method Investments (Tabl

Equity Method Investments (Tables)	3 Months Ended
	Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Equity Method Investments	As of March 31, 2021 and December 31, 2020, the carrying amount of equity method investments consisted of the following: March 31, December 31, 2021 2020 Investment in ZVV Media Partners, LLC (i) $ 7,000,000 $ - (i) On January 19, 2021, the Company, ZVV Media Partners, LLC (“ZVV”) and ZASH entered into a Contribution Agreement (the “Agreement”). The Company and ZASH established the newly formed entity, ZVV, in order to engage in the development and production of consumer facing content and related activities.

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Debt	As of March 31, 2021 and December 31, 2020, debt consisted of the following: March 31, December 31, 2021 2020 Line of credit: Lines of credit $ 1,133,652 $ 1,133,652 Receivable financing - 367,301 Debt issuance costs - Total lines of credit 1,133,652 1,500,953 Senior convertible notes payable: Senior convertible notes payable 11,422,271 1,428,161 Convertible notes payable 591,104 Debt issuance costs (10,000,762 ) (280,511 ) Total long-term senior convertible notes payable 1,421,509 1,738,754 Less: current portion of long-term notes payable 1,421,509 (577,260 ) Noncurrent portion of long-term convertible notes payable - 1,161,494 Notes payable: Notes payable 891,193 1,932,088 Debt issuance costs - (34,997 ) Total long-term debt 891,193 1,897,091 Less: current portion of long-term debt (437,374 ) (1,301,212 ) Noncurrent portion of long-term debt 453,819 595,879 Notes payable – related parties: Notes payable 2,167,514 2,827,512 Debt issuance costs - (33,833 ) Total notes payable – related parties: 2,167,514 2,793,679 Less: current portion of long-term debt – related parties (1,263,755 ) (1,389,922 ) Noncurrent portion of long-term debt – related parties $ 903,759 $ 1,403,757
Schedule of Maturities of Long-term Debt	The scheduled maturities of the debt for the next five years as of March 31, 2021, are as follows: For the Years Ended December 31, Amount 2021 (excluding the three months ended March 31, 2021) 2,692,726 2022 12,487,520 2023 434,385 2024 - 2025 - Thereafter - 15,614,631 Less: debt discount (10,000,762 ) $ 5,613,869

Warrant Liability (Tables)

Warrant Liability (Tables)	3 Months Ended
	Mar. 31, 2021
Warrant Liability
Schedule of Warrants Issued to Purchase Common Stock	For the three months ended March 31, 2021, the Company issued warrants to purchase shares of the Company’s common stock related to multiple private placements. The warrants are as follows: Warrant Shares Exercise Price Hudson Bay Warrant; January 25, 2021 15,000,000 $ 2.000 Palladium Capital Warrant; January 25, 2021 480,000 $ 2.000 BHP Capital NY Warrant; January 28, 2021 1,500,000 $ 2.20 Hudson Bay Warrant; February 23, 2021 18,568,188 $ 3.722 Palladium Capital Warrant; February 23, 2021 1,650,346 $ 3.722
Schedule of Warrant Assumptions	The warrants were valued using the Black-Scholes pricing model to calculate the grant-date fair value of the warrants with the following assumptions: Dividend Yield Expected Volatility Risk-free Interest Rate Expected Life Hudson Bay Warrant; January 25, 2021 0.00 % 109.95 % 0.13 % 2.5 years Palladium Capital Warrant; January 25, 2021 0.00 % 109.95 % 0.13 % 2.5 years BHP Capital NY Warrant; January 28, 2021 0.00 % 110.00 % 0.12 % 2.5 years Hudson Bay Warrant; February 23, 2021 0.00 % 110.94 % 0.11 % 2.5 years Palladium Capital Warrant; February 23, 2021 0.00 % 110.94 % 0.11 % 2.5 years The warrants were valued using the Black-Scholes pricing model to calculate the March 31, 2021 fair value of the warrants with the following assumptions: Dividend Yield Expected Volatility Risk-free Interest Rate Expected Life Hudson Bay Warrant; January 25, 2021 0.00 % 113.79 % 0.16 % 2.5 years Palladium Capital Warrant; January 25, 2021 0.00 % 113.79 % 0.16 % 2.5 years BHP Capital NY Warrant; January 28, 2021 0.00 % 113.79 % 0.16 % 2.5 years Hudson Bay Warrant; February 23, 2021 0.00 % 113.79 % 0.16 % 2.5 years Palladium Capital Warrant; February 23, 2021 0.00 % 113.79 % 0.16 % 2.5 years

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	The following table summarizes stock option awards outstanding at March 31, 2021: Shares Weighted Average Exercise Price Remaining Contractual Life in Years Aggregate Intrinsic Value Balance, December 31, 2020 80,000 $ 7.01 3.2 - Granted - - - - Balance, March 31, 2021 80,000 $ 7.01 2.9 - Exercisable, March 31, 2021 80,000 $ 7.01 2.9 -

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Balance Sheets and Income Operations of Discontinued Operations	The following table presents the carrying values of the assets and liabilities of our discontinued operations at March 31, 2021 and December 31, 2020, respectively: March 31, 2021 December 31, 2020 Assets Current assets: Accounts receivable, net $ 413,962 $ 220,964 Inventory 779,918 559,737 Prepaid expenses and other current assets 160,666 261,980 Total current assets 1,354,546 1,042,680 Total assets $ 1,354,546 $ 1,042,680 Liabilities and stockholders’ equity Current liabilities: Accounts payable $ 589,363 $ 487,454 Total current liabilities $ 589,363 $ 487,454 The following table presents the summary results of operations of our discontinued operations for the three months ended March 31, 2021 and 2020, respectively: For the Three Months Ended March 31, 2021 2020 Revenues, net $ 697,883 $ 1,713,764 Cost of revenues 490,195 1,054,693 Gross profit 207,688 659,071 Operating expenses: Selling, general and administrative 286,602 903,764 Operating income 78,914 (244,693 ) Other (expense) income: Gain on divestiture - 4,911,760 Total other (expense) income - 4,911,760 (Loss) income before income taxes 78,914 4,667,067 Income tax expense - - Net (loss) income $ 78,914 $ 4,667,067

Basis of Presentation and Nat_2

Basis of Presentation and Nature of Operations (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
Operating loss	$ (10,749,099)	$ (2,699,322)
Operating income loss from noncash activities	9,143,000
Operating income loss from restructuring, severance, transaction costs and non-recurring items	705,000
Current assets	11,238,811		$ 5,342,183
Current liabilities	7,144,413		11,285,663
Working capital	4,094,398
Related party notes payable	876,500		1,389,923
Assets	45,473,359		28,028,207
Liabilities	67,428,994		14,505,506
Stockholders' deficit	$ (21,955,635)	$ 11,229,321	$ 13,522,701	$ 7,454,432
Best Party Concepts [Member]
Business acquisition, percentage of voting interests acquired	50.00%
Global Clean Solutions, LLC [Member]
Business acquisition, percentage of voting interests acquired	50.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Cash and cash equivalents	$ 5,525,744	$ 249,356
Office Equipment [Member] | Minimum [Member]
Property, plant and equipment, useful life	3 years
Office Equipment [Member] | Maximum [Member]
Property, plant and equipment, useful life	5 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, plant and equipment, useful life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, plant and equipment, useful life	7 years
Equipment and Machinery [Member] | Minimum [Member]
Property, plant and equipment, useful life	6 years
Equipment and Machinery [Member] | Maximum [Member]
Property, plant and equipment, useful life	10 years
Building Improvements [Member] | Minimum [Member]
Property, plant and equipment, useful life	10 years
Building Improvements [Member] | Maximum [Member]
Property, plant and equipment, useful life	15 years
Computer Software [Member]
Property, plant and equipment, useful life	5 years
Molds [Member]
Property, plant and equipment, useful life	5 years
Vehicles [Member] | Minimum [Member]
Property, plant and equipment, useful life	5 years
Vehicles [Member] | Maximum [Member]
Property, plant and equipment, useful life	7 years
Buildings - Rental Property [Member]
Property, plant and equipment, useful life	40 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Disaggregation of Revenue (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Total revenues, net	$ 2,565,162	$ 1,953,346
Product Sales [Member]
Total revenues, net	2,487,869	3,626,901
Licensing Revenues [Member]
Total revenues, net	$ 77,293	$ 40,209

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details)	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020
North America [Member]
Concentration Risk, Percentage	100.00%		82.00%
Europe [Member]
Concentration Risk, Percentage	0.00%	[1]	17.00%
Customer A [Member]
Concentration Risk, Percentage	14.00%		11.00%
[1]	Region did not represent greater than 10% of total net revenue.

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Fair Value of the Short-term Investment (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Short-term investments	$ 948,000	$ 1,018,000
Level 1 [Member]
Short-term investments	948,000
Warrant liability
Total	948,000
Level 2 [Member]
Short-term investments
Warrant liability
Total
Level 3 [Member]
Short-term investments
Warrant liability	58,235,566
Total	$ 58,235,566

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Reconciliation of Liabilities Measured at Fair Value (Details) - Warrant Liability [Member] - Level 3 [Member]	3 Months Ended
	Mar. 31, 2021USD ($)
Balance, December 31, 2020
Issuance of warrants	94,876,535
Change in fair value	(36,381,542)
Exercise of warrants	(259,427)
Balance, March 31, 2021	$ 58,235,566

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	42,203,094	526,124
Series B Convertible Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	764,618
Selling Agent Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		160,492
Placement Agent Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,034,346
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	80,000	80,000
Convertible Shares Under Notes Payable[Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,647,587	285,632
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	35,068,188
Shares to be Issued [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,608,355

Acquisitions and Divestitures_2

Acquisitions and Divestitures (Details Narrative) - USD ($)	Jan. 05, 2021	Nov. 30, 2020	Nov. 10, 2020	Sep. 29, 2020	Jul. 02, 2020	Jun. 30, 2020	Mar. 11, 2020	Feb. 17, 2020	Nov. 06, 2019	Mar. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Common stock, shares outstanding										25,685,981	14,471,403
Number of shares issued during acquisition, value										$ 1,252,500
HMNRTH LLC [Member]
Business Acquisition [Line Items]
Number of shares issued for acquisition of assets							238,750
Number of shares issued for acquisition of assets, value					$ 70,850
Uber Mom, LLC [Member]
Business Acquisition [Line Items]
Number of shares issued for acquisition of assets									45,000
Number of shares issued for acquisition of assets, value									$ 52,352
Common Stock [Member]
Business Acquisition [Line Items]
Number of shares issued during acquisition										750,000
Number of shares issued during acquisition, value										$ 750
Common Stock [Member] | Honey Badger Media, LLC [Member]
Business Acquisition [Line Items]
Number of shares issued for acquisition of assets	750,000		750,000
Number of shares issued for acquisition of assets, value			$ 300,000
Purchase Agreement [Member] | Cloud B Shares [Member]
Business Acquisition [Line Items]
Number of shares issued during acquisition								80,065
Share issued price per share								$ 1
Ownership interest								72.15%
Common stock, shares outstanding								110,964
Indemnification Agreement [Member] | Pearl 33 Holdings, LLC [Member]
Business Acquisition [Line Items]
Number of shares issued during acquisition						150,000
Number of shares issued during acquisition, value						$ 405,000
Stock Exchange Agreement [Member] | Jupiter Wellness, Inc. [Member]
Business Acquisition [Line Items]
Consideration shares		200,000
Purchase and Sale Agreement [Member] | Common Stock [Member] | Seller [Member]
Business Acquisition [Line Items]
Number of shares issued during acquisition				2,210,382
Cumulative revenue				$ 10,000,000
Number of shares issued				125,000
Purchase and Sale Agreement [Member] | Preferred Stock [Member] | Seller [Member]
Business Acquisition [Line Items]
Number of shares issued during acquisition				764,618

Acquisitions and Divestitures -

Acquisitions and Divestitures - Schedule of Business Combination of Assets and Liabilities (Details)	Feb. 17, 2020USD ($)
Business Combinations [Abstract]
Accounts payable	$ 4,005,605
Accrued Expenses	370,289
Income Tax Payable	14,473
Notes Payable	900,000
Non-Controlling Interest	26,393
Shares to be issued to Buyer	(405,000)
Gain on divestiture	$ 4,911,760

Variable Interest Entities (Det

Variable Interest Entities (Details Narrative) - USD ($)	May 20, 2020	Mar. 31, 2021	Dec. 31, 2020
Common stock, par value		$ 0.001	$ 0.001
Share Exchange Agreement [Member] | Graphene Holdings, LLC [Member]
Stock issued during period, shares	50,000
Stock issued during period, value	$ 200,000
Share Exchange Agreement [Member] | Graphene Holdings, LLC [Member] | Minimum [Member]
Stock issued during period, shares	200,000
Stock issued during period, value	$ 1,000,000
Share Exchange Agreement [Member] | Restricted Common Stock [Member] | Graphene Holdings, LLC [Member]
Stock issued during period, shares	125,000
Share Exchange Agreement [Member] | Restricted Common Stock [Member] | Graphene Holdings, LLC [Member] | Minimum [Member]
Stock issued during period, value	$ 25,000,000
Share Exchange Agreement [Member] | PPE Brickell Supplies, LLC [Member]
Number of units purchased	25
Purchase units, description	On May 20, 2020 (the "Effective Date"), Edison Nation, Inc. (the "Company") entered into an Agreement and Plan of Share Exchange (the "Share Exchange Agreement") with PPE Brickell Supplies, LLC, a Florida limited liability company ("PPE"), and Graphene Holdings, LLC, a Wyoming limited liability company ("Graphene", and together with PPE, the "Sellers"), whereby the Company purchased 25 membership units of Global Clean Solutions, LLC, a Nevada limited liability company ("Global") from each of PPE and Graphene, for a total of fifty (50) units, representing fifty percent (50%) of the issued and outstanding units of Global (the "Purchase Units").
Share Exchange Agreement [Member] | PPE Brickell Supplies, LLC [Member] | Restricted Common Stock [Member]
Stock issued during period, shares	250,000
Common stock, par value	$ 0.001
Stock issued during period, value	$ 699,000
Share Exchange Agreement [Member] | PPE Brickell Supplies, LLC [Member] | Restricted Common Stock [Member] | Minimum [Member]
Stock issued during period, shares	100,000
Stock issued during period, value	$ 10,000,000
Amended Limited Liability Company Agreement of Global [Member]
Ownership percentage		50.00%
Amended Limited Liability Company Agreement of Global [Member] | Graphene Holdings, LLC [Member]
Ownership percentage		25.00%
Amended Limited Liability Company Agreement of Global [Member] | PPE Brickell Supplies, LLC [Member]
Ownership percentage		25.00%
Secured Line of Credit Agreement [Member] | Global Clean Solutions, LLC and PPE Brickell Supplies, LLC [Member]
Interest rate	3.00%
Debt maturity date description	Maturity date of six (6) months
Debt interest description	In the event of a default, any and all amounts due to PPE by Global, including principal and accrued but unpaid interest, shall increase by forty (40%) percent and the interest shall increase to five (5%) percent (the "Default Interest").
Secured Line of Credit Agreement [Member] | Global Clean Solutions, LLC and PPE Brickell Supplies, LLC [Member] | Minimum [Member]
Revolving credit loan amount	$ 2,500,000
Security Agreement [Member] | PPE Brickell Supplies, LLC [Member] | Borrower [Member]
Common stock placed for reverse shares	1,800,000

Variable Interest Entities - Sc

Variable Interest Entities - Schedule of Variable Interest Entities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Cash and cash equivalents	$ 5,525,744		$ 249,356
Accounts receivable, net	1,683,294		1,382,163
Inventory	1,123,261		1,127,725
Prepaid expenses and other current assets	603,966		522,259
Total current assets	11,238,811		5,342,183
Property and equipment, net	996,217		1,010,801
Total assets	45,473,359		28,028,207
Accounts payable	1,339,009		3,618,339
Accrued expenses and other current liabilities	1,344,750		2,101,610
Line of credit, net of debt issuance costs of $0 and $15,573, respectively	1,133,652		1,500,953
Due to related party	15,450		32,452
Total current liabilities	7,144,413		11,285,663
Revenues, net	2,565,162	$ 1,953,346
Cost of revenues	1,653,381	1,363,719
Gross profit	911,781	589,627
Selling, general and administrative	11,660,880	3,288,949
Operating income	(10,749,099)	(2,699,322)
Interest expense	(12,694,933)	(723,957)
Total other (expense) income	(51,514,221)	(698,253)
Gain before income taxes	(62,263,320)	(3,397,575)
Income tax expense
Variable Income Interest Rate [Member]
Cash and cash equivalents	15,994		10,481
Accounts receivable, net	113,493		94,195
Inventory	251,918		240,158
Prepaid expenses and other current assets
Total current assets	381,405		344,834
Property and equipment, net
Total assets	381,405		344,834
Accounts payable	174,311		217,558
Accrued expenses and other current liabilities	19,326		113,576
Line of credit, net of debt issuance costs of $0 and $15,573, respectively	1,133,652		1,133,652
Notes payable, current			150,000
Due to related party	315,666		315,666
Total current liabilities	1,642,955		$ 1,930,452
Revenues, net	214,394	352,523
Cost of revenues	84,155	204,943
Gross profit	130,239	147,580
Selling, general and administrative	100,421	450,693
Operating income	29,818	(303,113)
Interest expense	(26,250)
Total other (expense) income	(26,250)
Gain before income taxes	3,568	(303,113)
Income tax expense
Net income (loss)	$ 3,568	$ (303,113)

Variable Interest Entities - _2

Variable Interest Entities - Schedule of Variable Interest Entities (Details) (Parenthetical) - Line of Credit [Member] - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Debt issuance costs, net	$ 0	$ 15,573
Variable Income Interest Rate [Member]
Debt issuance costs, net	$ 0	$ 15,573

Short-Term Investments - Schedu

Short-Term Investments - Schedule of Short-Term Investments (Details) - USD ($)		Mar. 31, 2021	Dec. 31, 2020
Total short-term investments		$ 948,000	$ 1,018,000
Unrealized Losses [Member]
Total short-term investments		(92,000)	(22,000)
Jupiter Wellness, Inc. (JUPW) [Member]
Total short-term investments	[1]	$ 1,040,000	$ 1,040,000
[1]	On November 30, 2020, the Company and its wholly owned subsidiary, SRM Entertainment, LTD entered into a Stock Exchange Agreement with Jupiter Wellness, Inc. ("Jupiter"). Under the terms of the Exchange Agreement, Jupiter purchased all outstanding shares of common stock (the "Exchange Shares") issued by SRM from the Company. As consideration for the purchase of the Exchange Shares, Jupiter issued the Company 200,000 shares of its restricted common stock, symbol JUPW as listed on NASDAQ Capital Markets. On March 31, 2021, the closing price of JUPW was $5.20 on the Nasdaq.

Short-Term Investments - Sche_2

Short-Term Investments - Schedule of Short-Term Investments (Details) (Parenthetical) - Jupiter Wellness, Inc. [Member] - Stock Exchange Agreement [Member] - $ / shares	Nov. 30, 2020	Mar. 31, 2021
Share issued ecercise price		$ 5.20
Restricted Stock [Member]
Stock issued during the period restricted stock	200,000

Property and Equipment, Net (De

Property and Equipment, Net (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 32,812	$ 169,141

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment, Gross	$ 6,435,504	$ 6,435,276
Less: accumulated depreciation	(5,457,287)	(5,424,475)
Total property and equipment, net	996,217	1,010,801
Land [Member]
Property, Plant and Equipment, Gross	79,100	79,100
Buildings - Rental Property [Member]
Property, Plant and Equipment, Gross	463,635	463,635
Building Improvements [Member]
Property, Plant and Equipment, Gross	800,225	800,225
Equipment and Machinery [Member]
Property, Plant and Equipment, Gross	4,141,145	4,122,917
Furniture and Fixtures [Member]
Property, Plant and Equipment, Gross	368,137	368,137
Computer Software [Member]
Property, Plant and Equipment, Gross
Molds [Member]
Property, Plant and Equipment, Gross	79,300	79,300
Vehicles [Member]
Property, Plant and Equipment, Gross	$ 521,962	$ 521,962

Loan Receivable - Schedule of L

Loan Receivable - Schedule of Loans Receivable (Details) - USD ($)		Mar. 31, 2021	Dec. 31, 2020
Loan Receivable		$ 5,000,000
Zash Global Media and Entertainment Corporation [Member]
Loan Receivable	[1]	$ 5,000,000
[1]	On February 18, 2021, the Company loaned $5,000,000 to ZASH Global Media and Entertainment Corporation. The interest rate on the note is 3% per annum. The maturity date of the loan is August 17, 2023.

Loan Receivable - Schedule of_2

Loan Receivable - Schedule of Loans Receivable (Details) (Parenthetical) - ZASH Global Media and Entertainment Corporation [Member]	Feb. 18, 2021USD ($)
Loan amount	$ 5,000,000
Interest rate	3.00%
Maturity date	Aug. 17, 2023

Equity Method Investments - Sch

Equity Method Investments - Schedule of Equity Method Investments (Details) - USD ($)		Mar. 31, 2021	Dec. 31, 2020
Equity Method Investments		$ 7,000,000
ZVV Media Partners, LLC [Member]
Equity Method Investments	[1]	$ 7,000,000
[1]	On January 19, 2021, the Company, ZVV Media Partners, LLC ("ZVV") and ZASH entered into a Contribution Agreement (the "Agreement"). The Company and ZASH established the newly formed entity, ZVV, in order to engage in the development and production of consumer facing content and related activities.

Goodwill (Details Narrative)

Goodwill (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)

Feb. 23, 2021

Feb. 02, 2021

Jan. 25, 2021

Jan. 20, 2021

Dec. 29, 2020

Dec. 23, 2020

Nov. 17, 2020

Oct. 07, 2020

Jul. 29, 2020

May 28, 2020

May 19, 2020

May 04, 2020

Apr. 15, 2020

Apr. 07, 2020

Feb. 21, 2020

Jan. 17, 2020

Jan. 15, 2020

Jan. 10, 2020

Jan. 02, 2020

Dec. 04, 2019

Nov. 12, 2019

Apr. 30, 2019

Mar. 31, 2021

Mar. 31, 2020

Mar. 31, 2019

Jan. 29, 2021

Jan. 28, 2021

Jan. 15, 2021

Dec. 31, 2020

Common stock, par value

$ 0.001

$ 0.001

Cash compensation

$ 8,697,502

$ 1,319,511

Beneficial conversion option

11,516,692

201,324

Debt instrument, unamortized discount

10,000,762

Proceeds from notes

73,000

950,000

Interest expense

12,694,933

$ 723,957

Interest expense, related party

76,634

$ 76,634

Maximum [Member]

Receivables sold

$ 1,250,000

Receivables borrowing, percentage

85.00%

80.00%

Fee percentage of invoices financed

2.00%

2.00%

Minimum [Member]

Fee percentage of invoices financed

1.00%

1.00%

Common Stock [Member]

Beneficial conversion option

$ 5,878

$ 160

Stock received

(153,005)

(153,005)

Senior Convertible Notes Payable [Member]

Convertible notes payable

$ 1,421,509

$ 1,738,754

Convertible Notes Payable [Member]

Debt instrument, interest rate

6.00%

6.00%

Debt instrument, maturity date

Feb. 23, 2022

Debt instrument, conversion price

$ 4.847

$ 2

Debt instrument, conversion rate

12.00%

12.00%

Cash compensation description

The Placement Agent received cash compensation of $900,000 (8% of the gross proceeds to the Company plus an additional 1% of the gross proceeds to the Company for non-accountable expenses).

The Placement Agent received cash compensation of $1,080,000 (8% of the gross proceeds to the Company plus an additional 1% of the gross proceeds to the Company for non-accountable expenses).

Cash compensation

$ 900,000

$ 1,080,000

Debt instrument, term

12 months

Convertible Notes Payable [Member] | Warrants [Member] | Holder [Member]

Warrants price

$ 3.722

$ 2

Warrants purchase

1,650,346

480,000

Warrants expiration date

Feb. 23, 2026

Jan. 25, 2026

10% Senior Secured Note [Member] | 32 Entertainment LLC [Member]

Debt instrument, maturity date

Dec. 4, 2020

Debt instrument, face amount

$ 250,000

Proceeds from notes

$ 250,000

Stock issued during period, shares

10,000

Replacement Note [Member]

Debt instrument, face amount

$ 200,000

Debt interest rate

16.00%

Debt total principal payment

$ 56,250

Debt interest payment

6,250

Debt principal payment

$ 50,000

Replacement Note [Member] | Restricted Stock Unit [Member]

Stock received

40,000

Securities Purchase Agreement [Member]

Warrants term

5 years

Debt total principal payment

$ 260,233

Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member]

Convertible notes payable

$ 10,000,000

$ 12,000,000

Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] | Investor [Member]

Debt conversion principal amount

11,000,000

Debt conversion interest converted

$ 39,190

Shares issued upon debt conversion

5,519,595

Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] | Common Stock [Member]

Warrants term

5 years

5 years

Securities Purchase Agreement [Member] | Senior Convertible Notes Payable [Member] | Warrants [Member]

Common stock, par value

$ 0.001

$ 0.001

Securities Purchase Agreement [Member] | Convertible Promissory Note [Member]

Debt instrument, interest rate

2.00%

2.00%

Debt instrument, maturity date

Jan. 29, 2021

Oct. 7, 2020

Debt instrument, term

6 months

6 months

Debt instrument, face amount

$ 224,000

$ 168,000

Debt instrument, unamortized discount

$ 24,000

$ 18,000

Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | BHP Capital NY Inc. [Member]

Debt instrument, interest rate

2.00%

Debt instrument, maturity date

Oct. 7, 2020

Debt instrument, term

6 months

Debt instrument, face amount

$ 168,000

Debt instrument, unamortized discount

18,000

Proceeds from notes

$ 150,000

Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | Investor [Member]

Stock issued during period, shares

14,266

10,700

Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | Investor [Member] | BHP Capital NY Inc. [Member]

Stock issued during period, shares

10,700

Purchase Agreementt [Member] | Warrants [Member] | Investor [Member]

Investor purchase percent

900.00%

250.00%

Warrants price

$ 3.722

$ 2

Warrants purchase

18,568,188

15,000,000

Forbearance Agreement [Member] | Investor [Member]

Debt conversion principal amount

$ 54,830

$ 45,000

Debt conversion interest converted

$ 750

Shares issued upon debt conversion

54,830

41,730

Debt instrument, face amount

$ 43,041

$ 45,000

$ 98,532

Stock issued during period, shares

27,415

41,730

Debt conversion description

Under the terms of the Forbearance Agreement, the Investor has requested and the Company has agreed to temporarily forebear, until the earlier of (i) December 9, 2020 or (ii) at such time as a default shall occur under and pursuant to the Purchase Agreement, the Note or the Forbearance Agreement, from exercising its right to convert amounts due under the Note into Common Stock of the Company, in exchange for a one time cash payment forbearance fee equal to $12,500 paid upon execution of the Forbearance Agreement.

Payment of debt

$ 12,500

Loan Agreement [Member] | Sook Hyun Lee [Member] | ED Roses, LLC [Member]

Debt instrument, interest rate

15.00%

Warrants expiration date

Apr. 15, 2020

Loans payable

$ 150,000

Commitment fee

$ 30,000

Common stock in reserve

75,000

5% Promissory Note Agreement [Member] | Ralls Note [Member]

Warrants purchase

125,000

Warrants expiration date

Jul. 10, 2020

Debt instrument, face amount

$ 267,000

Debt instrument, unamortized discount

17,000

Payment of debt

250,000

Issuance of warrants purchase value

$ 86,725

5% Promissory Note Agreement [Member] | Solit Note [Member]

Warrants purchase

50,000

Debt instrument, face amount

$ 107,000

Debt instrument, unamortized discount

7,000

Payment of debt

100,000

Issuance of warrants purchase value

$ 31,755

5% Promissory Note Agreement [Member] | 'O'Leary Note [Member]

Warrants purchase

25,000

Debt instrument, face amount

$ 53,500

Debt instrument, unamortized discount

3,500

Payment of debt

50,000

Issuance of warrants purchase value

$ 16,797

Paycheck Protection Program [Member]

Debt instrument, interest rate

1.00%

1.00%

Debt instrument, maturity date

May 4, 2022

Apr. 15, 2022

Proceeds from loans payable

$ 62,500

$ 789,852

Inventory Management Agreement [Member]

Advance from vendors

$ 239,283

Receivables financing

0

Inventory Management Agreement [Member] | President [Member]

Ownership percentage

45.00%

Receivables Purchase Agreement [Member]

Receivables sold

$ 250,000

Proceeds from receivables

$ 200,000

Credit Agreement [Member]

Debt instrument, face amount

2,500,000

Line of credit

$ 1,133,652

Debt instrument, description

The Note shall accrue interest at 3% per annum and have a maturity date of six (6) months. In the event of a default, any and all amounts due to PPE by Global, including principal and accrued but unpaid interest, shall increase by forty (40%) percent and the interest shall increase to five (5%) percent (the "Default Interest").

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Total lines of credit	$ 1,133,652	$ 1,500,953
Total long-term debt	5,613,869
Noncurrent portion of long-term debt - related parties	1,291,013	1,403,756
Senior Convertible Notes Payable [Member]
Debt issuance costs	(10,000,762)	(280,511)
Senior convertible notes payable	11,422,271	1,428,161
Convertible notes payable		591,104
Total long-term senior convertible notes payable	1,421,509	1,738,754
Less: current portion of long-term notes payable	1,421,509	(577,260)
Noncurrent portion of long-term convertible notes payable		1,161,494
Notes Payable [Member]
Debt issuance costs		(34,997)
Notes payable		1,932,088
Total long-term debt		1,897,091
Less: current portion of long-term debt	(437,374)	(1,301,212)
Noncurrent portion of long-term debt		595,879
Notes Payable - Related Parties [Member]
Debt issuance costs		(33,833)
Notes payable	2,167,514	2,827,512
Total notes payable - related parties:	2,167,514	2,793,679
Less: current portion of long-term debt - related parties	(1,263,755)	(1,389,922)
Noncurrent portion of long-term debt - related parties	903,759	1,403,757
Line of Credit [Member]
Lines of credit	1,133,652	1,133,652
Receivable financing		367,301
Debt issuance costs
Total lines of credit	$ 1,133,652	$ 1,500,953

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details)	Mar. 31, 2021USD ($)
Debt Disclosure [Abstract]
2021 (excluding the three months ended March 31, 2021)	$ 2,692,726
2022	12,487,520
2023	434,385
2024
2025
Thereafter
Long-term Debt, Gross	15,614,631
Less: debt discount	(10,000,762)
Long-term Debt	$ 5,613,869

Warrant Liability (Details Narr

Warrant Liability (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Debt discount	$ 10,000,762
Fair value of the warrant liability	(36,381,542)
Warrant Liability [Member]
Initial value of warrants	96,495,977
Expenses	75,156,534
Debt discount	19,720,000
Fair value of the warrant liability	$ 19,720,000

Warrant Liability - Schedule of

Warrant Liability - Schedule of Warrants Issued to Purchase Common Stock (Details)	Mar. 31, 2021$ / sharesshares
Hudson Bay Warrant; 1/25/2021 [Member]
Warrant Shares | shares	15,000,000
Exercise Price | $ / shares	$ 2
Palladium Capital Warrant; 1/25/2021 [Member]
Warrant Shares | shares	480,000
Exercise Price | $ / shares	$ 2
BHP Capital NY Warrant; 1/28/2021 [Member]
Warrant Shares | shares	1,500,000
Exercise Price | $ / shares	$ 2.20
Hudson Bay Warrant; 2/23/2021 [Member]
Warrant Shares | shares	18,568,188
Exercise Price | $ / shares	$ 3.722
Palladium Capital Warrant; 2/23/2021 [Member]
Warrant Shares | shares	1,650,346
Exercise Price | $ / shares	$ 3.722

Warrant Liability - Schedule _2

Warrant Liability - Schedule of Warrant Assumptions (Details)	Mar. 31, 2021
Hudson Bay Warrant; 1/25/2021 [Member]
Expected Life	2 years 6 months
Hudson Bay Warrant; 1/25/2021 [Member] | Warrants [Member]
Expected Life	2 years 6 months
Hudson Bay Warrant; 1/25/2021 [Member] | Dividend Yield [Member]
Warrants measurement input	0
Hudson Bay Warrant; 1/25/2021 [Member] | Dividend Yield [Member] | Warrants [Member]
Warrants measurement input	0
Hudson Bay Warrant; 1/25/2021 [Member] | Expected Volatility [Member]
Warrants measurement input	109.95
Hudson Bay Warrant; 1/25/2021 [Member] | Expected Volatility [Member] | Warrants [Member]
Warrants measurement input	113.79
Hudson Bay Warrant; 1/25/2021 [Member] | Risk-free Interest Rate [Member]
Warrants measurement input	0.13
Hudson Bay Warrant; 1/25/2021 [Member] | Risk-free Interest Rate [Member] | Warrants [Member]
Warrants measurement input	0.16
Palladium Capital Warrant; 1/25/2021 [Member]
Expected Life	2 years 6 months
Palladium Capital Warrant; 1/25/2021 [Member] | Warrants [Member]
Expected Life	2 years 6 months
Palladium Capital Warrant; 1/25/2021 [Member] | Dividend Yield [Member]
Warrants measurement input	0
Palladium Capital Warrant; 1/25/2021 [Member] | Dividend Yield [Member] | Warrants [Member]
Warrants measurement input	0
Palladium Capital Warrant; 1/25/2021 [Member] | Expected Volatility [Member]
Warrants measurement input	109.95
Palladium Capital Warrant; 1/25/2021 [Member] | Expected Volatility [Member] | Warrants [Member]
Warrants measurement input	113.79
Palladium Capital Warrant; 1/25/2021 [Member] | Risk-free Interest Rate [Member]
Warrants measurement input	0.13
Palladium Capital Warrant; 1/25/2021 [Member] | Risk-free Interest Rate [Member] | Warrants [Member]
Warrants measurement input	0.16
BHP Capital NY Warrant; 1/28/2021 [Member]
Expected Life	2 years 6 months
BHP Capital NY Warrant; 1/28/2021 [Member] | Warrants [Member]
Expected Life	2 years 6 months
BHP Capital NY Warrant; 1/28/2021 [Member] | Dividend Yield [Member]
Warrants measurement input	0
BHP Capital NY Warrant; 1/28/2021 [Member] | Dividend Yield [Member] | Warrants [Member]
Warrants measurement input	0
BHP Capital NY Warrant; 1/28/2021 [Member] | Expected Volatility [Member]
Warrants measurement input	110
BHP Capital NY Warrant; 1/28/2021 [Member] | Expected Volatility [Member] | Warrants [Member]
Warrants measurement input	113.79
BHP Capital NY Warrant; 1/28/2021 [Member] | Risk-free Interest Rate [Member]
Warrants measurement input	0.12
BHP Capital NY Warrant; 1/28/2021 [Member] | Risk-free Interest Rate [Member] | Warrants [Member]
Warrants measurement input	0.16
Hudson Bay Warrant; 2/23/2021 [Member]
Expected Life	2 years 6 months
Hudson Bay Warrant; 2/23/2021 [Member] | Warrants [Member]
Expected Life	2 years 6 months
Hudson Bay Warrant; 2/23/2021 [Member] | Dividend Yield [Member]
Warrants measurement input	0
Hudson Bay Warrant; 2/23/2021 [Member] | Dividend Yield [Member] | Warrants [Member]
Warrants measurement input	0
Hudson Bay Warrant; 2/23/2021 [Member] | Expected Volatility [Member]
Warrants measurement input	110.94
Hudson Bay Warrant; 2/23/2021 [Member] | Expected Volatility [Member] | Warrants [Member]
Warrants measurement input	113.79
Hudson Bay Warrant; 2/23/2021 [Member] | Risk-free Interest Rate [Member]
Warrants measurement input	0.11
Hudson Bay Warrant; 2/23/2021 [Member] | Risk-free Interest Rate [Member] | Warrants [Member]
Warrants measurement input	0.16
Palladium Capital Warrant; 2/23/2021 [Member]
Expected Life	2 years 6 months
Palladium Capital Warrant; 2/23/2021 [Member] | Warrants [Member]
Expected Life	2 years 6 months
Palladium Capital Warrant; 2/23/2021 [Member] | Dividend Yield [Member]
Warrants measurement input	0
Palladium Capital Warrant; 2/23/2021 [Member] | Dividend Yield [Member] | Warrants [Member]
Warrants measurement input	0
Palladium Capital Warrant; 2/23/2021 [Member] | Expected Volatility [Member]
Warrants measurement input	110.94
Palladium Capital Warrant; 2/23/2021 [Member] | Expected Volatility [Member] | Warrants [Member]
Warrants measurement input	113.79
Palladium Capital Warrant; 2/23/2021 [Member] | Risk-free Interest Rate [Member]
Warrants measurement input	0.11
Palladium Capital Warrant; 2/23/2021 [Member] | Risk-free Interest Rate [Member] | Warrants [Member]
Warrants measurement input	0.16

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Nov. 17, 2020	Mar. 31, 2021	Dec. 31, 2020
Due to related parties, current		$ 15,450	$ 32,452
SRM LLC and NL Penn Capital, LP. [Member]
Due to related parties, current		15,450	$ 15,450
Inventory Management Agreement [Member] | Forever 8 Fund, LLC [Member]
Ownership interest	45.00%
Advanced the vendors	$ 239,283	$ 155,768

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)

Apr. 05, 2021

Apr. 05, 2021

Feb. 24, 2021

Feb. 02, 2021

Oct. 27, 2020

Apr. 14, 2020

Feb. 12, 2020

Jun. 06, 2018

Mar. 31, 2021

Mar. 31, 2020

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2018

Operating leases, rent expense

$ 26,553

$ 146,287

Operating lease liabilities

58,713

Right of use assets, net

128,871

$ 153,034

Cash outflows relating to operating lease liabilities

23,723

74,776

Expense for right of use assets

$ 24,163

77,823

Weighted-average remaining term

1 year 7 months 6 days

Weighted-average discount rate

4.50%

Rental income

$ 25,704

$ 25,704

Best Party Concepts, LLC [Member]

Lease expiration date

May 30, 2020

Oceanside Traders, LLC [Member]

Legal settlement amount

$ 440,383

Rosenberg Fortuna & Laitman LLP [Member]

Legal settlement amount

$ 50,000

CBAVI, LLC [Member]

Loss contingency damages sought, value

$ 8,000,000

Employment Agreement [Member] | Christopher Ferguson [Member]

Agreement description

The Agreement is effective as of November 12, 2020 (the "Effective Date") and has a term of three (3) years (the "Term") from the Effective Date. Thereafter, the Agreement shall automatically be renewed and the Term shall be extended for additional consecutive terms of 1 year (each a "Renewal Term"), unless such renewal is objected to by either the Company or the Executive. The Executive's initial annual base salary shall be $200,000, less applicable withholdings (the "Base Salary") and 120,000 common shares that shall vest in their entirety on issuance. For 2021, the Executive shall receive a cash bonus in the amount equal to 30% of the annual Base Salary, and an award of 200% shares of the Company's common stock, which shall vest in their entirety on issuance (the "Principal Market"), which shall be received by the Executive no later than the first 30 days of the current fiscal year. The Executive shall be entitled to 150,000 shares of the Company's common stock, due immediately upon an increase of 2.5 times the Enterprise Value on a 5-day closing average from the effectiveness of the Agreement.

Agreement term

3 years

Annual base salary

$ 200,000

Common stock vested shares

200,000

Employment Agreement [Member] | Christopher Ferguson [Member] | Minimum [Member]

Annual base salary

$ 150,000

Employment Agreement [Member] | Brett Vroman [Member]

Agreement description

The Agreement is effective as of November 12, 2020 (the "Effective Date") and has a term of three (3) years (the "Term") from the Effective Date. Thereafter, the Agreement shall automatically be renewed and the Term shall be extended for additional consecutive terms of 1 year (each a "Renewal Term"), unless such renewal is objected to by either the Company or the Executive. The Executive's initial annual base salary shall be $200,000, less applicable withholdings (the "Base Salary") and 120,000 common shares that shall vest in their entirety on issuance. For 2021, Executive shall receive a cash bonus in the amount equal to 30% of the annual Base Salary, and an award of 200% shares of the Company's common stock, which shall vest in their entirety on issuance (the "Principal Market"), which shall be received by the Executive no later than the first 30 days of the current fiscal year. Upon the execution of this agreement, the Executive is entitled to a one-time past performance bonus for the work completed in fiscal years 2018, 2019 and 2020 of 150,000 shares of the Company's common stock, which shall vest in their entirety on issuance. The Executive shall be entitled to 100,000 shares of the Company's common stock, due immediately upon an increase of 2.5 times the Enterprise Value on a 5-day closing average from the effectiveness of the Agreement.

Annual base salary

$ 200,000

$ 100,000

$ 100,000

$ 100,000

Common stock vested shares

120,000

Employment Agreement [Member] | Brett Vroman [Member] | Minimum [Member]

Agreement term

3 years

Annual base salary

$ 100,000

Employment Agreement [Member] | Brian Mc Fadden [Member]

Agreement description

The Agreement is effective as of November 12, 2020 (the "Effective Date") and has a term of three (3) years (the "Term") from the Effective Date. Thereafter, the Agreement shall automatically be renewed and the Term shall be extended for additional consecutive terms of 1 year (each a "Renewal Term"), unless such renewal is objected to by either the Company or the Executive. The Executive's initial annual base salary shall be $200,000, less applicable withholdings (the "Base Salary") and 120,000 common shares that shall vest in their entirety on issuance. For 2021, the Executive shall receive a cash bonus in the amount equal to 30% of the annual Base Salary, and an award of 200% shares of the Company's common stock, which shall vest in their entirety on issuance (the "Principal Market"), which shall be received by the Executive no later than the first 30 days of the current fiscal year. Upon the execution of the Agreement, the Executive is entitled to a one-time signing bonus of 150,000 shares of the Company's common stock, which shall vest in their entirety on issuance. The Executive shall be entitled to 100,000 shares of the Company's common stock, due immediately upon an increase of 2.5 times the Enterprise Value on a 5-day closing average from the effectiveness of the Agreement.

Annual base salary

$ 200,000

Common stock vested shares

120,000

Employment Agreement [Member] | Brian Mc Fadden [Member] | Minimum [Member]

Agreement term

3 years

Annual base salary

$ 100,000

Plaintiff for Goods Sold [Member] | Oceanside Traders, LLC [Member]

Legal settlement amount

141,007

Overpayments [Member] | Oceanside Traders, LLC [Member]

Legal settlement amount

138,180

Lost Profits [Member] | Oceanside Traders, LLC [Member]

Legal settlement amount

$ 161,196

Settlement Agreement [Member] | Subsequent Event [Member]

Commitment description

Under the terms of the Settlement, the Company is to make payment in the amount of $25,000 on or before April9, 2021. The Company made the payment on April 8, 2021.

Settlement Agreement [Member] | Oceanside Traders, LLC [Member]

Commitment description

Under the terms of the Settlement Agreement, the Settling Defendants agreed to pay the Plaintiff the sum of $150,000 within one business day of execution of the Settlement Agreement. In exchange, the Plaintiff agreed to dismiss the Amended Complaint in its entirety and with prejudice against the Settling Defendants. The Company made payment in the amount of $150,000 on February 25, 2021.

Settlement Agreement [Member] | Rosenberg Fortuna & Laitman LLP [Member] | Subsequent Event [Member]

Commitment description

Under the terms of the Settlement, the Company is to make payment in the amount of $25,000 on or before April 9, 2021. The Company made payment in the amount of $25,000 on April 8, 2021.

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Jan. 29, 2021	Oct. 16, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Mar. 25, 2020	Mar. 24, 2020	Feb. 09, 2018
Private placement offering	$ 3,300,000
Proceeds from warrant exercise			$ 1,690,604
Common stock, shares authorized			250,000,000		250,000,000
Common stock, shares, issued			25,685,981		14,471,403
Common stock, shares, outstanding			25,685,981		14,471,403
Preferred stock, par value			$ 0.001		$ 0.001	$ 0.001
Preferred stock, shares authorized			30,000,000		30,000,000	30,000,000	0
Stock issued for services			$ 2,036,335	$ 562,763
Employees [Member]
Stock issued for services, shares			1,262,872
Stock issued for services			$ 3,292,190
Vendors [Member]
Stock issued for services, shares			943,000
Stock issued for services			$ 2,036,335
Omnibus Incentive Plan [Member]
Share-based compensation arrangement by share-based payment award, number of shares authorized			287,659					1,764,705
Series B Convertible Preferred Stock [Member]
Preferred stock, par value		$ 0.001
Preferred stock, shares authorized		1,000,000
Series B Preferred Stock [Member]
Preferred stock, par value			$ 0.001		$ 0.001
Preferred stock, shares authorized			1,000,000		1,000,000
Preferred stock, shares, issued			764,618		764,618
Preferred stock, shares, outstanding			764,618		764,618
Warrants [Member]
Share exercised			880,798
Proceeds from warrant exercise			$ 1,690,604
Common Stock [Member]
Stock issued for services, shares			943,000	653,750
Stock issued for services			$ 943	$ 654
Common Stock [Member] | Series B Convertible Preferred Stock [Member] | Maximum [Member]
Stock issued during period, shares		1,000,000
Securities Purchase Agreement [Member]
Warrant term	5 years
Securities Purchase Agreement [Member] | Restricted Common Stock [Member]
Non option shares issued	1,500,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Share-based Compensation, Stock Options, Activity (Details)	3 Months Ended
	Mar. 31, 2021USD ($)$ / sharesshares
Equity [Abstract]
Shares, Beginning balance | shares	80,000
Shares, Granted | shares
Shares, Ending balance | shares	80,000
Shares, Exercisable, Ending balance | shares	80,000
Weighted Average Exercise Price, Beginning balance | $ / shares	$ 7.01
Weighted Average Exercise Price, Granted | $ / shares
Weighted Average Exercise Price, Ending balance | $ / shares	7.01
Weighted Average Exercise Price, Exercisable, Ending balance | $ / shares	$ 7.01
Remaining Contractual Life in Years, Beginning balance	3 years 2 months 12 days
Remaining Contractual Life in Years, Granted	0 years
Remaining Contractual Life in Years, Ending balance	2 years 10 months 25 days
Remaining Contractual Life in Years, Exercisable, Ending balance	2 years 10 months 25 days
Aggregate Intrinsic Value, Beginning balance | $
Aggregate Intrinsic Value, Granted | $
Aggregate Intrinsic Value, Ending balance | $
Aggregate Intrinsic Value, Exercisable, Ending balance | $

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) - USD ($)	Apr. 15, 2023	Apr. 15, 2022	Mar. 12, 2021	Nov. 30, 2020
Stock Exchange Agreement [Member] | SRM Entertainment, LTD [Member] | Restricted Stock [Member]
Business acquisition number of shares acquired				200,000
CBAV1, LLC [Member]
Payments to acquire assets			$ 3,000,000
Cash payment			$ 2,650,000
CBAV1, LLC [Member] | Forecast [Member]
Royalty payments	$ 200,000	$ 150,000

Discontinued Operations - Sched

Discontinued Operations - Schedule of Balance Sheets and Income Operations of Discontinued Operations (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]
Accounts receivable, net	$ 413,962		$ 220,964
Inventory	779,918		559,737
Prepaid expenses and other current assets	160,666		261,980
Total current assets	1,354,546		1,042,680
Total assets	1,354,546		1,042,680
Accounts payable	589,363		487,454
Total current liabilities	589,363		$ 487,454
Revenues, net	697,883	$ 1,713,764
Cost of revenues	490,195	1,054,693
Gross profit	207,688	659,071
Selling, general and administrative	286,602	903,764
Operating income	78,914	(244,693)
Gain on divestiture		4,911,760
Total other (expense) income		4,911,760
(Loss) income before income taxes	78,914	4,667,067
Income tax expense
Net (loss) income	$ 78,914	$ 4,667,067

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	May 18, 2021	Apr. 17, 2021	Apr. 08, 2021	Apr. 07, 2021	Apr. 05, 2021	May 04, 2020	Apr. 15, 2020	Mar. 31, 2021	Mar. 31, 2020	May 24, 2021
Value of shares issued during period for service rendered								$ 2,036,335	$ 562,763
Revenues								$ 2,565,162	$ 1,953,346
Common Stock [Member]
Number of shares issued during period for service rendered								943,000	653,750
Value of shares issued during period for service rendered								$ 943	$ 654
Employees [Member]
Number of shares issued during period for service rendered								1,262,872
Value of shares issued during period for service rendered								$ 3,292,190
Paycheck Protection Program [Member]
Proceeds from loan						$ 62,500	$ 789,852
Warrant Exercise Agreement [Member]
Warrant description								Subject to the terms of Agreement, (i) Hudson Bay shall pay to the Company an amount equal to the exercise price in effect as of the date of such exercise multiplied by 2,870,000 shares (as adjusted for any share split or similar transaction after the date hereof) (the "Exercised Warrant Shares") and (ii) the Company shall issue and deliver Incentive Warrants to Hudson Bay to initially purchase an aggregate number of shares equal to the number of Exercised Warrant Shares, which number of shares shall be subject to adjustment upon the exercise of further shares pursuant to the January Warrants.
Subsequent Event [Member] | Shareholders [Member] | Earn-Out Target 1 [Member]
Earn-out target description		In the event that the Company (1) develops a minimally viable product for the NFT Technology to validate the utility of the product/platform with features to attract and transact with customers and (2) is successful on-boarding a minimum of 10 approved influential celebrities on or before December 31, 2021, the Company shall issue to Emmersive and/or Emmersive's Shareholders, 1,000,000 Conditional Preferred Units, with Put Rights.
Subsequent Event [Member] | Shareholders [Member] | Earn-Out Target 2 [Member]
Earn-out target description		In the event that the Company generates a minimum of $7,000,000 in annualized booked revenues inclusive of revenues generated from the celebrities onboarded by the Company (collectively "Attributed Revenue") in any three-calendar-month period ending on or before March 31, 2022 (i.e. more than $1,750,000 in Attributed Revenue in a period of three consecutive calendar months), the Company shall issue to Emmersive and/or Emmersive's Shareholders 1,000,000 Conditional Preferred Units, with the Put Rights.
Subsequent Event [Member] | Shareholders [Member] | Earn-Out Target 3 [Member]
Earn-out target description		In the event that the Company generates a minimum of $28,000,000 in annualized Attributed Revenues in any three-calendar-month period ending on or before December 31, 2022 (i.e. more than $7,000,000 in Attributed Revenue in a period of three consecutive calendar months), the Company shall issue to Emmersive and/or Emmersive's Shareholders 1,000,000 Conditional Preferred Units, with Put Rights.
Subsequent Event [Member] | Shareholders [Member] | Earn-Out Target 4 [Member]
Earn-out target description		In the event that the Company generates a minimum of $62,000,000 in annualized Attributed Revenues in any three-calendar-month period ending on or before December 31, 2023 (i.e. more than $15,500,000 in Attributed Revenue in a period of three consecutive calendar months), the Company shall issue to Emmersive and/or Emmersive's Shareholders 1,000,000 Conditional Preferred Units, with Put Rights.
Subsequent Event [Member] | Shareholders [Member] | Maximum [Member] | Earn-Out Target 2 [Member]
Revenues		$ 1,750,000
Subsequent Event [Member] | Shareholders [Member] | Maximum [Member] | Earn-Out Target 3 [Member]
Revenues		7,000,000
Subsequent Event [Member] | Shareholders [Member] | Maximum [Member] | Earn-Out Target 4 [Member]
Revenues		15,500,000
Subsequent Event [Member] | Shareholders [Member] | Minimum [Member] | Earn-Out Target 2 [Member]
Revenues		7,000,000
Subsequent Event [Member] | Shareholders [Member] | Minimum [Member] | Earn-Out Target 3 [Member]
Revenues		28,000,000
Subsequent Event [Member] | Shareholders [Member] | Minimum [Member] | Earn-Out Target 4 [Member]
Revenues		$ 62,000,000
Subsequent Event [Member] | Shareholders [Member] | Preferred Units [Member] | Earn-Out Target 1 [Member]
Preferred units issued		1,000,000
Subsequent Event [Member] | Shareholders [Member] | Preferred Units [Member] | Earn-Out Target 2 [Member]
Preferred units issued		1,000,000
Subsequent Event [Member] | Shareholders [Member] | Preferred Units [Member] | Earn-Out Target 3 [Member]
Preferred units issued		1,000,000
Subsequent Event [Member] | Shareholders [Member] | Preferred Units [Member] | Earn-Out Target 4 [Member]
Preferred units issued		1,000,000
Subsequent Event [Member] | Noteholder [Member]
Stock issued during period, shares	501,250
Debt instrument, face amount	$ 1,000,000
Accrued interest	$ 2,500
Subsequent Event [Member] | Settlement Agreement [Member]
Commitment description					Under the terms of the Settlement, the Company is to make payment in the amount of $25,000 on or before April9, 2021. The Company made the payment on April 8, 2021.
Subsequent Event [Member] | Settlement Agreement [Member] | Safe TV Shop, LLC [Member]
Settlement amount			$ 25,000
Subsequent Event [Member] | Consulting Agreements [Member]
Number of shares issued during period for service rendered				150,000
Value of shares issued during period for service rendered				$ 382,500
Subsequent Event [Member] | Employment Agreement [Member] | Employees [Member] | Common Stock [Member]
Stock issued during period, shares				525,541
Stock issued during period, value				$ 924,952
Subsequent Event [Member] | Employment Agreement One [Member] | Employees [Member] | Common Stock [Member]
Stock issued during period, shares				475,451
Stock issued during period, value				$ 836,794
Subsequent Event [Member] | Employment Agreement Two [Member] | Employees [Member] | Common Stock [Member]
Stock issued during period, shares				597,273
Stock issued during period, value				$ 1,051,200
Subsequent Event [Member] | Asset Contribution Agreement [Member] | Preferred Units [Member]
Preferred units issued		1,000,000
Stock issued during the period exchange		$ 1,000,000
Subsequent Event [Member] | Asset Contribution Agreement [Member] | Preferred Units [Member] | Maximum [Member]
Preferred units issued		4,000,000
Subsequent Event [Member] | Warrant Exercise Agreement [Member]
Warrant exercise price										$ 3.20
Warrant to purchase common stock										2,870,000