CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
|
Sep. 30, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
| CURRENT ASSETS: |
|
|
|
| Cash |
$ 438,221
|
$ 564,242
|
$ 191,485
|
| Accounts receivable, net |
2,248,575
|
3,034,070
|
90,763
|
| Prepaid expenses |
182,998
|
261,622
|
40,847
|
| Inventory, net |
2,989,596
|
2,481,384
|
70,250
|
| Contract assets |
1,200,273
|
404,849
|
0
|
| Notes receivable from related party |
279,956
|
220,456
|
63,456
|
| Current portion of deferred compensation, net of discount |
|
0
|
60,373
|
| Total Current Assets |
7,339,619
|
6,966,623
|
517,174
|
| NON-CURRENT ASSETS: |
|
|
|
| Property, net |
245,803
|
232,873
|
54,105
|
| Right of use asset |
1,387,754
|
1,295,690
|
0
|
| Investment, at fair value |
134,376
|
134,376
|
0
|
| Intangible assets, net |
2,987,906
|
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 |
19,295,025
|
19,120,371
|
2,368,257
|
| CURRENT LIABILITIES: |
|
|
|
| Accounts payable |
4,309,761
|
4,797,456
|
231,816
|
| Accrued expenses, including accrued officer salaries |
4,129,042
|
1,479,656
|
512,214
|
| Current portion of convertible notes payable, net of debt discount |
7,404,120
|
6,748,396
|
10,500
|
| Unearned revenue |
6,217,560
|
4,927,240
|
0
|
| Lease liability, current portion |
323,319
|
272,575
|
42,164
|
| Advances from related party |
907,798
|
657,404
|
415,068
|
| Accrued preferred share dividends |
427,660
|
224,760
|
0
|
| Current portion of notes payable, net of debt discount |
2,660,116
|
2,464,823
|
1,020,350
|
| Total Current Liabilities |
26,379,376
|
21,572,310
|
2,232,112
|
| LONG-TERM LIABILITIES: |
|
|
|
| Convertible notes payable, net of current portion |
575,223
|
840,474
|
0
|
| Lease liability, net of current portion |
1,064,436
|
1,039,207
|
5,353
|
| Advances from related party, net of current portion |
0
|
400,897
|
602,363
|
| Long-term notes payable, net of debt discount |
351,896
|
145,357
|
767,160
|
| Total Liabilities |
28,370,931
|
23,998,245
|
3,606,988
|
| STOCKHOLDERS' DEFICIT |
|
|
|
| Common stock, par value $0.0001; 5,000,000,000 shares authorized; 7,348,702 and 285,320 shares issued and outstanding as of September 30, 2023, and December 31, 2022, respectively |
734
|
29
|
5,879
|
| Additional paid-in capital |
86,977,874
|
85,908,699
|
85,853,388
|
| Accumulated deficit |
(100,236,691)
|
(95,236,339)
|
(86,158,902)
|
| Total Singlepoint Inc. stockholders' equity (deficit) |
(13,258,083)
|
(9,320,038)
|
(294,000)
|
| Non-controlling interest |
(111,603)
|
212,164
|
(944,731)
|
| Total Stockholders' Deficit |
(13,369,686)
|
(9,107,874)
|
(3,638,731)
|
| Total Liabilities, Mezzanine, and Stockholders' Deficit |
19,295,025
|
19,120,371
|
2,368,257
|
| Class A Convertible Preferred Stock [Member] |
|
|
|
| STOCKHOLDERS' DEFICIT |
|
|
|
| Preferred stock, value |
0
|
7,573
|
5,635
|
| Class B Convertible Preferred Stock |
|
|
|
| STOCKHOLDERS' DEFICIT |
|
|
|
| Preferred stock, value |
0
|
0
|
0
|
| Class C Convertible Preferred Stock |
|
|
|
| STOCKHOLDERS' DEFICIT |
|
|
|
| Preferred stock, value |
0
|
0
|
0
|
| Class D Convertible Preferred Stock |
|
|
|
| STOCKHOLDERS' DEFICIT |
|
|
|
| Preferred stock, value |
1,980,000
|
2,400,000
|
0
|
| Class E Convertible Preferred Stock |
|
|
|
| STOCKHOLDERS' DEFICIT |
|
|
|
| Preferred stock, value |
$ 2,313,780
|
$ 0
|
$ 0
|