10-Q Filing

EIGHTCO HOLDINGS INC. CIK: 1892492 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-027693`
Period End Date	20230630
Filing Date	20230811
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 95 Cash Flow Statement 86 Stockholders Equity 37

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Debt discount	`DebtInstrumentUnamortizedDiscount`	$3.61M	USD	Point-in-time
Debt discount	`DebtInstrumentUnamortizedDiscount`	$3.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.85M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.81M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,311.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.26M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$7.51M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,311.00	shares	Point-in-time
Inventories	`InventoryNet`	$4.50M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.74M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$847.55K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.39M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.92M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$856.43K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.32M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	633,602.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.92M	shares	Point-in-time
Right of use assets operating leases	`OperatingLeaseRightOfUseAsset`	$46.94K	USD	Point-in-time
Right of use assets operating leases	`OperatingLeaseRightOfUseAsset`	$98.74K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	633,602.00	shares	Point-in-time
Right of use assets operating leases	`OperatingLeaseRightOfUseAsset`	$68.60K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$17.58M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$18.58M	USD	Point-in-time
Goodwill	`Goodwill`	$22.32M	USD	Point-in-time
Goodwill	`Goodwill`	$22.32M	USD	Point-in-time
Loan held-for-investment	`LoansHeldForInvestment`	$2.22M	USD	Point-in-time
Loan held-for-investment	`LoansHeldForInvestment`	$2.22M	USD	Point-in-time
Total assets	`Assets`	$58.60M	USD	Point-in-time
Total assets	`Assets`	$60.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.38M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$2.62M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$5.31M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$43.95K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$44.46K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$1.85M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$4.03M	USD	Point-in-time
Convertible note payable, net of debt discount of $3,610,750	`ConvertibleNotesPayableCurrent`	$1.94M	USD	Point-in-time
Convertible note payable, net of debt discount of $3,610,750	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Due to Related Parties	`OtherLiabilitiesCurrent`	$7.23M	USD	Point-in-time
Due to Related Parties	`OtherLiabilitiesCurrent`	$7.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.92M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$26.56K	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$4.33K	USD	Point-in-time
Contingent consideration	`ContingentConsideration`	$6.10M	USD	Point-in-time
Contingent consideration	`ContingentConsideration`	$6.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$82.10K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$82.10K	USD	Point-in-time
Total liabilities	`Liabilities`	$52.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$53.96M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 1,311 and 0 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 1,311 and 0 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 500,000,000 shares authorized and 2,921,678 and 633,602 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$633.00	USD	Point-in-time
Common stock, $0.001 par value, 500,000,000 shares authorized and 2,921,678 and 633,602 shares outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.92K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$109.83M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$50.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-103.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-44.96M	USD	Point-in-time
Accumulated other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$605.30K	USD	Point-in-time
Accumulated other Comprehensive Income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$467.67K	USD	Point-in-time
Total stockholders equity attributable to Eightco Holdings Inc.	`StockholdersEquity`	$6.13M	USD	Point-in-time
Total stockholders equity attributable to Eightco Holdings Inc.	`StockholdersEquity`	$6.77M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-316.51K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-316.51K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.13M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$60.42M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$58.60M	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.35M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.55M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.44M	USD	2 Qtrs
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.07M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$9.72M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$18.02M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$6.55M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$32.09M	USD	2 Qtrs
Gross profit	`GrossProfit`	$799.08K	USD	1 Quarter
Gross profit	`GrossProfit`	$4.35M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.34M	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.53M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.21M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.35M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.29M	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment	`AssetImpairmentCharges`	$292.75K	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$292.75K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$10.64M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.21M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-6.29M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-3.49M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.87M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.76M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$454.00	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-2.74M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$325.00	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-5.55M	USD	2 Qtrs
Loss On Issuance of Warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$3.39M	USD	1 Quarter
Loss On Issuance of Warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Loss On Issuance of Warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Loss On Issuance of Warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$46.93M	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$53.01K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$34.78K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$102.53K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$68.42K	USD	2 Qtrs
Total non-operating income (expense)	`NonoperatingIncomeExpense`	$-6.09M	USD	1 Quarter
Total non-operating income (expense)	`NonoperatingIncomeExpense`	$102.86K	USD	2 Qtrs
Total non-operating income (expense)	`NonoperatingIncomeExpense`	$53.47K	USD	1 Quarter
Total non-operating income (expense)	`NonoperatingIncomeExpense`	$-52.41M	USD	2 Qtrs
Net loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.85M	USD	1 Quarter
Net loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.77M	USD	2 Qtrs
Net loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-58.70M	USD	2 Qtrs
Net loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.44M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-173.00K	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$17.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-1.14M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.46M	USD	1 Quarter
Net loss	`ProfitLoss`	$-49.85M	USD	1 Quarter
Net loss	`ProfitLoss`	$-58.70M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.59M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-8.85M	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-92.31K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-219.06K	USD	2 Qtrs
Net loss attributable to Eightco, Inc.	`NetIncomeLoss`	$-4.37M	USD	2 Qtrs
Net loss attributable to Eightco, Inc.	`NetIncomeLoss`	$-3.36M	USD	1 Quarter
Net loss attributable to Eightco, Inc.	`NetIncomeLoss`	$-58.70M	USD	2 Qtrs
Net loss attributable to Eightco, Inc.	`NetIncomeLoss`	$-8.85M	USD	1 Quarter
Earnings (loss) per share: basic	`EarningsPerShareBasic`	$-7.71	USD	1 Quarter
Earnings (loss) per share: basic	`EarningsPerShareBasic`	$-31.35	USD	2 Qtrs
Earnings (loss) per share: basic	`EarningsPerShareBasic`	$-3.54	USD	1 Quarter
Earnings (loss) per share: basic	`EarningsPerShareBasic`	$-10.03	USD	2 Qtrs
Earnings (loss) per share: diluted	`EarningsPerShareDiluted`	$-10.03	USD	2 Qtrs
Earnings (loss) per share: diluted	`EarningsPerShareDiluted`	$-7.71	USD	1 Quarter
Earnings (loss) per share: diluted	`EarningsPerShareDiluted`	$-3.54	USD	1 Quarter
Earnings (loss) per share: diluted	`EarningsPerShareDiluted`	$-31.35	USD	2 Qtrs
Weight average number of common shares outstanding: basic	`WeightedAverageNumberOfSharesIssuedBasic`	436,304.00	shares	1 Quarter
Weight average number of common shares outstanding: basic	`WeightedAverageNumberOfSharesIssuedBasic`	1.87M	shares	2 Qtrs
Weight average number of common shares outstanding: basic	`WeightedAverageNumberOfSharesIssuedBasic`	2.50M	shares	1 Quarter
Weight average number of common shares outstanding: basic	`WeightedAverageNumberOfSharesIssuedBasic`	436,304.00	shares	2 Qtrs
Weight average number of common shares outstanding: diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.87M	shares	2 Qtrs
Weight average number of common shares outstanding: diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	436,304.00	shares	2 Qtrs
Weight average number of common shares outstanding: diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.50M	shares	1 Quarter
Weight average number of common shares outstanding: diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	436,304.00	shares	1 Quarter
Net loss	`NetIncomeLoss`	$-4.37M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.36M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-58.70M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.85M	USD	1 Quarter
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$51.37K	USD	1 Quarter
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$86.27K	USD	1 Quarter
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$137.63K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.37M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-8.77M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.36M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-58.57M	USD	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-4.59M	USD	2 Qtrs
Net loss	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-58.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$118.38K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.26M	USD	2 Qtrs
Impairment	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment	`AssetImpairmentCharges`	$292.75K	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$292.75K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$3.99M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	2 Qtrs
Loss on issuance of warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$3.39M	USD	1 Quarter
Loss on issuance of warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Loss on issuance of warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Loss on issuance of warrants	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$46.93M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$609.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$189.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$608.36K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$46.70K	USD	2 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$-5.90K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.15M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$271.23K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.87M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$39.42K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.86M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-888.59K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$206.21K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$291.18K	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$2.68M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-3.91M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.67M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.89M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.03K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.60K	USD	2 Qtrs
Purchases of developed technology	`PaymentsToAcquireInProcessResearchAndDevelopment`	-	USD	2 Qtrs
Purchases of developed technology	`PaymentsToAcquireInProcessResearchAndDevelopment`	$159.25K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$181.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.60K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.28K	USD	2 Qtrs
Net borrowings under lines of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Net borrowings under lines of credit	`ProceedsFromLinesOfCredit`	$2.17M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$14.80K	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$12.00M	USD	2 Qtrs
Net borrowings under convertible notes	`ProceedsFromConvertibleDebt`	$3.15M	USD	2 Qtrs
Net borrowings under convertible notes	`ProceedsFromConvertibleDebt`	$30.00M	USD	2 Qtrs
Due to Former Parent	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Due to Former Parent	`ProceedsFromRelatedPartyDebt`	$3.03M	USD	2 Qtrs
Fees paid for financing costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Fees paid for financing costs	`PaymentsOfDebtIssuanceCosts`	$664.39K	USD	2 Qtrs
Repayments under convertible notes payable related parties	`RepaymentsOfRelatedPartyDebt`	$116.30K	USD	2 Qtrs
Repayments under convertible notes payable related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayments under notes payable	`RepaymentsOfNotesPayable`	$27.64K	USD	2 Qtrs
Repayments under notes payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.56M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$45.00M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$39.05M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.21M	USD	2 Qtrs
Cash and cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.58M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$911.19K	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.58M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$911.19K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$203.00	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$147.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Right of use assets	`RightOfUseAssetsNoncashSupplemental`	-	USD	2 Qtrs
Right of use assets	`RightOfUseAssetsNoncashSupplemental`	$98.74K	USD	2 Qtrs
Operating lease liabilities	`OperatingLeaseLiabilitiesNoncashSupplemental`	$98.74K	USD	2 Qtrs
Operating lease liabilities	`OperatingLeaseLiabilitiesNoncashSupplemental`	-	USD	2 Qtrs
Convertible shares under notes payable	`ConvertibleSharesUnderNotesPayable`	-	USD	2 Qtrs
Convertible shares under notes payable	`ConvertibleSharesUnderNotesPayable`	$7.74M	USD	2 Qtrs
Issuance of warrants to noteholders and placement agent	`WarrantsIssued`	$3.91M	USD	2 Qtrs
Issuance of warrants to noteholders and placement agent	`WarrantsIssued`	$4.34M	USD	2 Qtrs
Original issue discount	`OriginalIssueDiscount`	$555.00K	USD	2 Qtrs
Original issue discount	`OriginalIssueDiscount`	$3.33M	USD	2 Qtrs
Accrued placement agent fees for equity placement	`AccruedPlacementAgentFeesForEquityPlacement`	$960.00K	USD	2 Qtrs
Accrued placement agent fees for equity placement	`AccruedPlacementAgentFeesForEquityPlacement`	$960.00K	USD	2 Qtrs
Accrued placement agent fees for debt placement	`AccruedPlacementAgentFeesForDebtPlacement`	$560.00K	USD	2 Qtrs
Accrued placement agent fees for debt placement	`AccruedPlacementAgentFeesForDebtPlacement`	-	USD	2 Qtrs
Issuance of common stock upon the distribution from Vinco Ventures, Inc.	`IssuanceOfCommonStockUponDistribution`	-	USD	2 Qtrs
Issuance of common stock upon the distribution from Vinco Ventures, Inc.	`IssuanceOfCommonStockUponDistribution`	$18.80K	USD	2 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.65M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.13M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46M	USD	Point-in-time
Net loss	`ProfitLoss`	$-1.14M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.46M	USD	1 Quarter
Net loss	`ProfitLoss`	$-49.85M	USD	1 Quarter
Net loss	`ProfitLoss`	$-58.70M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.59M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-8.85M	USD	1 Quarter
Issuance of common stock to investors	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of common stock to investors	`StockIssuedDuringPeriodValueNewIssues`	$12.00M	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$201.00	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$1.00K	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$14.60K	USD	1 Quarter
Issuance of common stock t shareholders upon distribution from Vinco Ventures, Inc.	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$3.91M	USD	1 Quarter
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$47.88M	USD	1 Quarter
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$3.39M	USD	1 Quarter
Offering costs	`AdjustmentsToAdditionalPaidInCapitalOther`	$-960.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$609.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$189.00K	USD	1 Quarter
Issuance of common stock to note holders	`StockIssuedDuringPeriodValueIssuanceOfCommonStockToNoteHolders`	$7.74M	USD	1 Quarter
Issuance of common stock to employees and directors	`StockIssuedDuringPeriodValueNewIssuesOne`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$51.37K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$86.27K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$137.63K	USD	2 Qtrs
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.65M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.13M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.