Vinco Ventures Inc (BBIG)

[HighHoeSilverado]

Earnings Report


Consistent with its results for the second and third quarters of 2021, the Company will report a net loss for the year ended December 31, 2021 that is significantly greater than the net loss reported for the year ended December 31, 2020. The increase in net loss is primarily due to the significant impact of (i) losses on issuance and change in fair value of warrants issued by the Company during 2021 that qualify for warrant liability treatment, (ii) of stock-based compensation costs, and (iii) amortization of deferred financing costs.