Vinco Ventures, Inc. (BBIG) Financial Statements (2024 and earlier)

Company Profile

Business Address C/O INCORP SERVICES
LAS VEGAS, NV 89169
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 3944 - Games, Toys, and Children's Vehicles, Except Dolls and Bicycles (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments87,7901,2674132,053
Cash and cash equivalents87,6122494132,053
Short-term investments1781,018  
Receivables17,1221,6032,2561,877
Inventory, net of allowances, customer advances and progress billings 4761,6871,369924
Inventory 4761,6871,369924
Prepaid expense  5169 
Disposal group, including discontinued operation  358  
Asset, held-for-sale, not part of disposal group 3,950   
Other undisclosed current assets110,403375848612
Total current assets:219,7415,3424,9555,465
Noncurrent Assets
Operating lease, right-of-use asset169153732
Property, plant and equipment1,3771,011932999
Long-term investments and receivables1,000   
Due from related parties    
Long-term investments1,000   
Intangible assets, net (including goodwill)162,10621,52216,99022,424
Goodwill121,5805,9845,3929,737
Intangible assets, net (excluding goodwill)40,52515,53811,59812,688
Restricted cash and investments    
Other undisclosed noncurrent assets20,750   
Total noncurrent assets:185,40122,68618,65423,423
TOTAL ASSETS:405,14328,02823,61028,889
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,3475,2138,4206,479
Taxes payable109239284389
Employee-related liabilities1,388425483175
Accounts payable6,1064,1067,3985,519
Accrued liabilities 745443256396
Deferred revenue 61152160
Debt44,2382,0782,095 
Disposal group, including discontinued operation  677  
Due to related parties 153217141
Contract with customer, liability35
Other undisclosed current liabilities17,5283,1332,2812,224
Total current liabilities:70,19011,28612,9738,879
Noncurrent Liabilities
Long-term debt and lease obligation2,6921,81652557
Long-term debt, excluding current maturities2,6211,7574257
Liabilities, other than long-term debt198,6751,4041,5963,465
Deferred tax liabilities, net0
Deferred income tax liabilities108  
Due to related parties  1,4041,5963,464
Operating lease, liability7159482
Derivative instruments and hedges, liabilities198,566   
Other undisclosed noncurrent liabilities(100) 1,061549
Total noncurrent liabilities:201,2663,2203,1824,070
Total liabilities:271,45614,50616,15512,949
Equity
Equity, attributable to parent, including:113,42515,4177,77214,988
Common stock1501486
Additional paid in capital850,09739,05026,26020,548
Accumulated deficit(736,822)(23,649)(18,495)(5,566)
Other undisclosed equity, attributable to parent  1  
Equity, attributable to noncontrolling interest20,262(1,894)(318)952
Other undisclosed equity    
Total equity:133,68713,5237,45415,940
TOTAL LIABILITIES AND EQUITY:405,14328,02823,61028,889

Income Statement (P&L) ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues9,79115,78119,62916,502
Cost of revenue(7,313)(11,403)(12,822)(11,426)
Other undisclosed gross profit    
Gross profit:2,4794,3786,8075,077
Operating expenses(82,689)(12,280)(19,833)(9,718)
Other undisclosed operating loss    
Operating loss:(80,210)(7,902)(13,026)(4,642)
Nonoperating income (expense)(635,701)1,614(1,192)(398)
Investment income, nonoperating(1,123)5,015103103
Interest and debt expense852(3,378)(2,243)(501)
Loss from continuing operations before equity method investments, income taxes:(715,059)(9,666)(16,461)(5,541)
Other undisclosed income (loss) from continuing operations before income taxes(852)3,3782,243501
Loss from continuing operations before income taxes:(715,911)(6,288)(14,219)(5,040)
Income tax expense (benefit) (190)(19)20(304)
Other undisclosed loss from continuing operations    
Loss from continuing operations:(716,101)(6,307)(14,199)(5,344)
Loss before gain (loss) on sale of properties:(721,213)(5,708)(14,199)(5,344)
Income (loss) from discontinued operations (5,112)599  
Net loss:(721,213)(5,708)(14,199)(5,344)
Net income attributable to noncontrolling interest893 1,26914
Other undisclosed net income attributable to parent7,147   
Net loss attributable to parent:(713,173)(5,708)(12,930)(5,330)
Other undisclosed net income available to common stockholders, basic  554  
Net loss available to common stockholders, diluted:(713,173)(5,153)(12,930)(5,330)

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net loss:(721,213)(5,708)(14,199)(5,344)
Comprehensive loss:(721,213)(5,708)(14,199)(5,344)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(27,441) 1,26914
Comprehensive loss, net of tax, attributable to parent:(748,654)(5,708)(12,930)(5,330)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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