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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Consolidated Statements of Operations    
Sales $ 2,848,913 $ 1,210,242
Cost of Sales 1,330,441 734,428
Gross profit 1,518,472 475,814
Operating expenses:    
Officers compensation 415,000 497,000
Professional and consulting fees 962,481 1,260,343
Royalties 497,253 198,002
Fulfillment 536,255 0
Marketing and advertising 801,445 512,707
Occupancy costs 121,579 115,759
Travel and entertainment 41,208 319,483
Investor relations 525,448 415,130
Provision for doubtful accounts 57,104 26,513
Other 758,791 462,174
Total operating expenses 4,716,564 3,807,111
Operating loss from continuing operations (3,198,092) (3,331,297)
Loss on investment in and receivable from Can B Corp. (483,472) 0
Loss from continuing operations (3,681,564) (3,331,297)
Loss (income) from continuing operations attributable to noncontrolling interests in subsidiaries and variable interest entity 109,962 424,599
Loss from continuing operations attributable to Iconic Brands, Inc. (3,571,602) (2,906,698)
Discontinued operations (Note 3)    
Loss from operations of discontinued subsidiary 0 (487,007)
Loss from discontinued operations attributable to noncontrolling interest in discontinued subsidiary 0 238,633
Loss on sale of discontinued subsidiary 0 (798,839)
Loss on discontinued operation 0 (1,047,213)
Net loss attributable to Iconic Brands, Inc. $ (3,571,602) $ (3,953,911)
Net loss per common share - basic and diluted:    
Continuing operations $ (0.22) $ (0.27)
Discontinued operations 0 (0.10)
Total $ (0.22) $ (0.37)
Weighted average common shares outstanding and to be issued to Escrow Agent:    
Basic and diluted 16,367,218 10,818,233