XML 15 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statement of Stockholder's Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Noncontrolling Interest [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2020 $ 2,271,432 $ 2,271,432
Balance, shares at Dec. 31, 2020 200          
Net loss (128,860) 28,780 (100,080)
Balance at Dec. 31, 2021 (128,860) 2,300,212 2,171,352
Balance, shares at Dec. 31, 2021 200          
Issuance of common stock to investors $ 30 11,999,970 12,000,000
Issuance of common stock to investors, shares 30,000          
Exercise of warrants $ 189 8,963 9,152
Exercise of warrants, shares 189,047          
Issuance of common stock to shareholders upon distribution from Vinco Ventures, Inc. $ 376 (376)
Issuance of common stock to shareholders upon distribution from Vinco Ventures, Inc., shares 376,105          
Issuance of common stock to vendors $ 8 (8)
Issuance of common stock to vendors, shares 8,500          
Issuance of common stock to note holders $ 30 1,589,970 1,590,000
Issuance of common stock to note holders, shares 30,000          
Issuance of warrants to noteholders and placement agent 29,224,067 29,224,067
Offering costs (960,000)   (960,000)
Repurchase of common stock from shareholders upon distribution (49,455) (49,455)
Repurchase of common stock from shareholders upon distribution, shares (487)          
Share-based compensation 1,504,500 1,504,500
Shares reserved for future issuance of common stock to Sellers of Forever 8 7,300,000 7,300,000
Foreign currency translation 467,668 467,668
Net loss (187,649) (47,258,411) (47,446,060)
Balance at Dec. 31, 2022 $ 633 $ 50,617,631 $ (316,509) $ (44,958,199) $ 467,668 $ 5,811,224
Balance, shares at Dec. 31, 2022 633,365