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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Dec. 31, 2017
Current assets:      
Cash and cash equivalents $ 298,520 $ 191,463 $ 1,237,432
Accounts receivable 82,263 113,506 311,074
Inventory 192,486 258,270 59,847
Prepaid expenses 2,266  
Prepaid inventory     5,000
Total current assets 575,535 563,239 1,613,353
Right-of-use asset 78,387  
Leasehold improvements 5,000  
Goodwill 1,450,000    
Total assets 2,108,922 563,239 1,613,353
Current liabilities:      
Current portion of operating lease liability 46,879 495,404
Accounts payable and accrued expenses 1,447,781 1,311,475 1,095,995
Loans payable to officer and affiliated entity-noninterest bearing and due on demand 28,669 28,091 60,374
Note payable 250,000  
Accrued interest payable   38,734
Derivative liability on convertible debt   458,072
Total current liabilities 1,774,510 1,339,566 2,148,579
Non-current portion of operating lease liability 30,327  
Derivative liability on warrants 2,261,039 696,000
Total liabilities 1,804,837 3,600,605 2,844,579
Commitments and contingencies (Note 12)
Stockholders’' equity (deficiency):      
Common stock, $.001 par value; authorized 2,000,000,000 shares, 12,093,874 and 5,440,312 shares issued and outstanding respectively 12,094 5,440 4,418
Common stock to be issued to Escrow Agent, $.001 par value; 0 and 534,203 shares, respectively 534 1,914
Additional paid-in capital 21,634,034 18,798,438 15,760,205
Accumulated deficit (20,333,818) (21,233,083) (17,075,829)
Total Iconic Brands, Inc. stockholders' equity (deficiency) 1,319,478 (2,422,066) (1,309,290)
Noncontrolling interests in subsidiaries and variable interest (1,015,393) (615,300) 78,064
Total stockholders' equity (deficiency) 304,085 (3,037,366) (1,231,226)
Total liabilities and stockholders’' equity (deficiency) 2,108,922 563,239 1,613,353
Series A Preferred Stock      
Stockholders’' equity (deficiency):      
Preferred stock, value 1 1 1
Series C Preferred Stock      
Stockholders’' equity (deficiency):      
Preferred stock, value 1 1
Series D Preferred Stock      
Stockholders’' equity (deficiency):      
Preferred stock, value
Series E Preferred Stock      
Stockholders’' equity (deficiency):      
Preferred stock, value $ 7,167 $ 6,603