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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (39,445,633) $ 576,919
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 177,756 98,435
Amortization of debt issuance costs 5,803,988
Loss on issuance of warrants 25,318,519
Share-based compensation 1,424,125
Provision for bad debts 46,705
Gain on sale (475,419)
Changes in assets and liabilities:    
Accounts receivable (29,093) (131,144)
Inventories 43,752 73,760
Prepaid expenses and other current assets (2,581,642) (30,416)
Accounts payable 857,858 2,953
Accrued expenses and other current liabilities (6,788,607) 232,831
Net cash provided by (used in) operating activities (15,172,272) 347,919
Cash flows from investing activities:    
Purchases of property and equipment (82,644) (33,132)
Proceeds from sale of land and building 808,395
Net cash provided by (used in) investing activities (82,644) 775,263
Cash flows from financing activities:    
Net proceeds from issuance of common stock 11,529,152
Net borrowings under convertible notes 7,000,000
Due to Former Parent 3,028,154 (262,869)
Fees paid for financing costs (560,000)
Repayments under lines of credit (367,976)
Repayments under notes payable (27,644) (11,073)
Net cash provided by (used in) financing activities 20,969,662 (641,918)
Net increase in cash and cash equivalents and restricted cash 5,714,746 481,264
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 6,625,940 658,023
Supplemental disclosure of cash flow information:    
Cash paid for interest 203 47,327
Cash paid for income taxes
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 480,000
Accrued placement agent fees for debt placement
Issuance of common stock upon the distribution from Vinco Ventures, Inc. $ 18,805