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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Consolidated Statements Of Operations    
Sales $ 121,913 $ 61,719
Cost of Sales 81,435 37,409
Gross profit 40,478 24,310
Operating expenses:    
Officers compensation 185,750
Professional and consulting fees 448,519 12,286
Royalties 75,188 6,590
Special promotion program with customer 597,138
Marketing and advertising 46,467 59,315
Occupancy costs 27,623 43,798
Travel and entertainment 64,269 40,315
Other 175,026 30,252
Total operating expenses 1,022,842 789,694
Income (loss) from operations (982,364) (765,384)
Other income (expense):    
Income (expense) from derivative liability 827,197
Interest expense (9,421)
Amortization of debt discounts (51,656)
Other income 1,119
Total other income (expense) - net 767,239
Net income (loss) (982,364) 1,855
Net loss (income) attributable to noncontrolling interests in subsidiaries and variable interest entity 309,697 347,747
Net income (loss) attributable to Iconic Brands, Inc. $ (672,667) $ 349,602
Net income (loss) per common share: Basic and diluted $ (0.10) $ 0.06
Weighted average common shares outstanding and to be issued to Escrow Agent: Basic and diluted 6,159,404 6,331,457