XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 107,801,265 $ 18,679,848
Marketable equity securities 18,153,863 2,562,983
Securities purchased under agreement to resell 33,647,059  
Accounts receivable 3,506,451 3,852,033
Accounts and other receivable, related party 1,196,379 1,196,379
Accrued revenue 1,533,215 1,695,905
Inventories 3,476,512 3,373,851
Prepaid expenses and other current assets 2,918,284 2,988,080
TOTAL CURRENT ASSETS 172,233,028 34,349,079
Intangible assets, net 4,240,420 4,390,388
Goodwill 9,466,577 9,645,686
Property and equipment, net 6,288,714 2,122,730
Right-of-use assets 4,816,798 4,317,778
Investment in promissory notes, related parties 13,467,783 10,668,470
Investments in derivatives and common stock, related parties 14,822,439 6,139,391
Investments in debt and equity securities 2,320,539 261,767
Investment in limited partnership 1,869,000 1,869,000
Loans receivable 596,568 750,174
Other investments, related parties 3,465,000 802,500
Other assets 443,543 326,419
TOTAL ASSETS 234,030,409 75,643,382
CURRENT LIABILITIES    
Accounts payable and accrued expenses 9,020,134 10,579,501
Securities purchase consideration payable 33,310,589
Accounts payable and accrued expenses, related party 32,569 35,687
Operating lease liability, current 855,933 524,326
Revolving credit facility 117,215 125,188
Notes payable, net 2,154,676 4,048,009
Notes payable, related parties 149,489 187,818
Convertible notes payable, related party 400,000 400,000
Warrant liability 4,870,821 4,192,052
Other current liabilities 1,836,937 1,789,825
TOTAL CURRENT LIABILITIES 52,748,363 21,882,406
LONG TERM LIABILITIES    
Operating lease liability, non-current 4,020,877 3,854,573
Notes payable 319,047 336,500
Notes payable, related parties 66,083 51,537
Convertible notes payable 406,327 386,283
TOTAL LIABILITIES 57,560,697 26,511,299
STOCKHOLDERS' EQUITY    
Additional paid-in capital 292,763,040 171,397,199
Accumulated deficit (119,403,734) (121,396,715)
Accumulated other comprehensive income (loss) 1,158,542 (1,717,934)
TOTAL DPW HOLDINGS STOCKHOLDERS' EQUITY 174,567,479 48,310,436
Non-controlling interest 1,902,233 821,647
TOTAL STOCKHOLDERS' EQUITY 176,469,712 49,132,083
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 234,030,409 75,643,382
Series A Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Convertible Preferred Stock 7 7
Series B Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Convertible Preferred Stock 125 125
Class A Common Stock [Member]    
STOCKHOLDERS' EQUITY    
Common Stock 49,499 27,754
Class B Common Stock [Member]    
STOCKHOLDERS' EQUITY    
Common Stock