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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (4,593,901) $ (30,184)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 118,384 65,624
Share-based compensation 609,000
Provision for bad debts 46,705
Changes in assets and liabilities:    
Accounts receivable (271,226) (280,731)
Inventories (39,425) 13,091
Prepaid expenses and other current assets 1,859,439 5,822
Accounts payable 291,175 (9,883)
Accrued expenses and other current liabilities (3,914,330) (10,386)
Net cash used in operating activities (5,894,179) (246,647)
Cash flows from investing activities:    
Purchases of property and equipment (52,599) (33,133)
Net cash provided by (used in) investing activities (52,599) (33,133)
Cash flows from financing activities:    
Net proceeds from issuance of common stock 12,001,000
Net borrowings under convertible notes 30,000,000
Due to Former Parent 3,028,154 699,001
Repayments under lines of credit (367,976)
Repayments under notes payable (27,644) (7,341)
Net cash provided by (used in) financing activities 45,001,510 323,684
Net increase in cash and cash equivalents and restricted cash 39,054,732 43,904
Cash and cash equivalents and restricted cash, beginning of the year 911,194 176,759
Cash and cash equivalents and restricted cash, end of the period 39,965,926 220,663
Supplemental disclosure of cash flow information:    
Cash paid for interest 203 32,818
Cash paid for income taxes 147,000
Right of use assets 98,736
Operating lease liabilities 98,736
Issuance of warrants to noteholders and placement agent 3,905,458
Original issue discount 3,333,333
Accrued placement agent fees for equity placement 960,000
Accrued placement agent fees for debt placement 560,000
Issuance of common stock upon the distribution from Vinco Ventures, Inc. $ 18,805