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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Summary of Restatement Adjustments on Previously Reported Condensed Consolidated Financial Statements

The following table summarizes the impact of the restatement adjustments on Venus Concept Ltd.’s previously reported condensed consolidated financial statements:

 

 

 

As

previously

reported

 

 

Adjustment

 

 

As

restated

 

 

 

$

 

 

$

 

 

$

 

Consolidated balance sheet and consolidated statement of stockholders' equity

 

 

 

 

 

 

 

 

 

 

 

 

January 1, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

57,101

 

 

 

(57,096

)

 

 

5

 

Additional paid in capital

 

 

10,399

 

 

 

57,096

 

 

 

67,495

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

57,108

 

 

 

(57,103

)

 

 

5

 

Additional paid in capital

 

 

10,774

 

 

 

57,103

 

 

 

67,877

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

57,108

 

 

 

(57,103

)

 

 

5

 

Additional paid in capital

 

 

11,818

 

 

 

57,103

 

 

 

68,921

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

57,459

 

 

 

(57,454

)

 

 

5

 

Additional paid in capital

 

 

11,937

 

 

 

57,454

 

 

 

69,391