CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
| CURRENT ASSETS: |
|
|
|
| Cash |
$ 450,906
|
$ 564,242
|
$ 191,485
|
| Accounts receivable, net |
2,528,315
|
3,034,070
|
90,763
|
| Prepaid expenses |
222,299
|
261,622
|
40,847
|
| Inventory, net |
3,166,455
|
2,481,384
|
70,250
|
| Contract assets |
1,054,354
|
404,849
|
0
|
| Notes receivable from related party |
276,956
|
220,456
|
63,456
|
| Current portion of deferred compensation, net of discount |
|
0
|
60,373
|
| Total Current Assets |
7,699,285
|
6,966,623
|
517,174
|
| NON-CURRENT ASSETS: |
|
|
|
| Property, net |
231,751
|
232,873
|
54,105
|
| Right of use asset |
1,303,012
|
1,295,690
|
0
|
| Investment, at fair value |
134,376
|
134,376
|
0
|
| Intangible assets, net |
3,089,018
|
3,291,242
|
34,485
|
| Goodwill |
7,199,567
|
7,199,567
|
1,702,119
|
| Deferred compensation, net of current portion |
|
0
|
60,374
|
| Total Assets |
19,657,009
|
19,120,371
|
2,368,257
|
| CURRENT LIABILITIES: |
|
|
|
| Accounts payable |
4,170,367
|
4,797,456
|
231,816
|
| Accrued expenses, including accrued officer salaries |
3,141,714
|
1,479,656
|
512,214
|
| Current portion of convertible notes payable, net of debt discount |
7,321,735
|
6,748,396
|
10,500
|
| Unearned revenue |
6,816,386
|
4,927,240
|
0
|
| Lease liability, current portion |
294,739
|
272,575
|
42,164
|
| Advances from related party |
622,276
|
657,404
|
415,068
|
| Accrued preferred share dividends |
359,330
|
224,760
|
0
|
| Current portion of notes payable, net of debt discount |
2,643,738
|
2,464,823
|
1,020,350
|
| Total Current Liabilities |
25,370,285
|
21,572,310
|
2,232,112
|
| LONG-TERM LIABILITIES: |
|
|
|
| Convertible notes payable, net of current portion and debt discount |
536,992
|
840,474
|
0
|
| Lease liability, net of current portion |
1,007,063
|
1,039,207
|
5,353
|
| Advances from related party, net of current portion |
303,122
|
400,897
|
602,363
|
| Long-term notes payable, net of current portion and debt discount |
398,264
|
145,357
|
767,160
|
| Total Liabilities |
27,615,726
|
23,998,245
|
3,606,988
|
| STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
| Common stock, par value $0.0001; 5,000,000,000 shares authorized; 114,127,911 and 58,785,924 shares issued and outstanding as of December 31, 2022, and December 31, 2021, respectively |
174,094
|
11,413
|
5,879
|
| Additional paid-in capital |
86,478,514
|
85,897,315
|
85,853,388
|
| Accumulated deficit |
(98,897,502)
|
(95,236,339)
|
(86,158,902)
|
| Total Singlepoint Inc. stockholders' equity (deficit) |
(12,244,894)
|
(9,320,038)
|
(294,000)
|
| Non-controlling interest |
(26,763)
|
212,164
|
(944,731)
|
| Total Stockholders' Equity (Deficit) |
(12,271,657)
|
(9,107,874)
|
(3,638,731)
|
| Total Liabilities and Stockholders' Equity (Deficit) |
19,657,009
|
19,120,371
|
2,368,257
|
| Class A Convertible Preferred Stock [Member] |
|
|
|
| STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
| Preferred stock, value |
0
|
7,573
|
5,635
|
| Class B Convertible Preferred Stock [Member] |
|
|
|
| STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
| Preferred stock, value |
0
|
0
|
0
|
| Class C Convertible Preferred Stock [Member] |
|
|
|
| STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
| Preferred stock, value |
0
|
0
|
0
|
| Class D Convertible Preferred Stock [Member] |
|
|
|
| STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
| Preferred stock, value |
2,100,000
|
2,400,000
|
0
|
| Class E Convertible Preferred Stock [Member] |
|
|
|
| STOCKHOLDERS' EQUITY (DEFICIT) |
|
|
|
| Preferred stock, value |
$ 2,212,940
|
$ 1,830,000
|
$ 0
|