2023 Q2 Form 10-K Financial Statement

#000121390023028686 Filed on April 11, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q4 2022
Revenue $19.39M $9.492M $48.93M
YoY Change 50.42% -24.05% 59.58%
Cost Of Revenue $12.47M $8.118M $33.23M
YoY Change 54.36% 1.94% 63.59%
Gross Profit $6.920M $1.374M $15.70M
YoY Change 43.8% -69.7% 51.72%
Gross Profit Margin 35.69% 14.47% 32.09%
Selling, General & Admin $7.133M $5.507M $19.40M
YoY Change 79.79% 43.91% 84.02%
% of Gross Profit 103.08% 400.84% 123.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $254.1K $510.4K $2.037M
YoY Change 89.23% 41.25% 124.11%
% of Gross Profit 3.67% 37.15% 12.97%
Operating Expenses $20.22M $6.017M $54.67M
YoY Change 61.2% 43.68% 377.32%
Operating Profit -$832.1K -$4.643M -$5.740M
YoY Change -340.65% -1438.74% 419.93%
Interest Expense $2.225M -$880.1K $4.595M
YoY Change 138.75% -10.8% -454.38%
% of Operating Profit
Other Income/Expense, Net -$2.207M -$14.88K -$6.739M
YoY Change 136.65% -99.68% 45.91%
Pretax Income -$3.039M -$5.520M -$12.48M
YoY Change 417.96% 19.01% 256.23%
Income Tax $931.3K -$266.0K -$1.677M
% Of Pretax Income
Net Earnings -$3.771M -$5.270M -$10.80M
YoY Change 2510.37% 12.12% 226.88%
Net Earnings / Revenue -19.45% -55.53% -22.08%
Basic Earnings Per Share -$0.76 -$8.36
Diluted Earnings Per Share -$0.76 -$1.28 -$8.36
COMMON SHARES
Basic Shares Outstanding 4.656M shares 4.079M shares 2.400M shares
Diluted Shares Outstanding 5.861M shares 2.400M shares

Balance Sheet

Concept 2023 Q2 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $837.4K $1.357M $1.357M
YoY Change -47.79% -18.27% -18.27%
Cash & Equivalents $559.7K $1.079M
Short-Term Investments $277.7K $277.3K $277.3K
Other Short-Term Assets $1.657M $379.9K $379.9K
YoY Change 561.07% -34.73% -34.73%
Inventory $13.14M $4.184M $4.184M
Prepaid Expenses
Receivables $8.725M $5.216M $5.305M
Other Receivables $9.362M $5.575M $0.00
Total Short-Term Assets $24.42M $11.23M $11.23M
YoY Change 102.42% 0.8% 0.8%
LONG-TERM ASSETS
Property, Plant & Equipment $2.193M $1.885M $4.739M
YoY Change 13.95% 11.2% -3.04%
Goodwill $19.45M $19.45M
YoY Change 0.0% 0.0%
Intangibles $9.985M
YoY Change
Long-Term Investments
YoY Change
Other Assets $157.0K $82.20K $82.20K
YoY Change 156.24% -4.08% -4.07%
Total Long-Term Assets $33.86M $34.26M $34.26M
YoY Change -4.29% -4.49% -4.49%
TOTAL ASSETS
Total Short-Term Assets $24.42M $11.23M $11.23M
Total Long-Term Assets $33.86M $34.26M $34.26M
Total Assets $58.28M $45.48M $45.48M
YoY Change 22.85% -3.24% -3.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.778M $4.623M $4.623M
YoY Change 112.15% -4.05% -4.05%
Accrued Expenses $4.846M $2.831M $2.831M
YoY Change 125.66% 361.38% 361.38%
Deferred Revenue $2.896M $3.060M
YoY Change -11.07% -11.7%
Short-Term Debt $1.815M $850.0K $0.00
YoY Change
Long-Term Debt Due $5.478M $1.100M $1.100M
YoY Change 559.15% 38.65% 38.65%
Total Short-Term Liabilities $28.07M $14.16M $14.16M
YoY Change 114.54% 13.91% 13.91%
LONG-TERM LIABILITIES
Long-Term Debt $25.85M $25.60M $25.60M
YoY Change -10.87% -9.68% -9.68%
Other Long-Term Liabilities $1.864M $2.238M $2.238M
YoY Change -28.25% -14.19% -14.19%
Total Long-Term Liabilities $27.72M $27.83M $27.83M
YoY Change -12.3% -10.06% -10.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.07M $14.16M $14.16M
Total Long-Term Liabilities $27.72M $27.83M $27.83M
Total Liabilities $57.01M $42.59M $42.88M
YoY Change 23.27% -6.28% -5.84%
SHAREHOLDERS EQUITY
Retained Earnings -$47.27M -$41.92M
YoY Change 111.38% 101.98%
Common Stock $7.019K $4.079K
YoY Change 461.97% 236.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.244M $2.601M $2.601M
YoY Change
Total Liabilities & Shareholders Equity $58.28M $45.48M $45.48M
YoY Change 22.85% -3.24% -3.24%

Cashflow Statement

Concept 2023 Q2 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$3.771M -$5.270M -$10.80M
YoY Change 2510.37% 12.12% 226.88%
Depreciation, Depletion And Amortization $254.1K $510.4K $2.037M
YoY Change 89.23% 41.25% 124.11%
Cash From Operating Activities -$696.2K -$154.2K -$4.131M
YoY Change 779.15% -70.13% 209.9%
INVESTING ACTIVITIES
Capital Expenditures $161.3K $750.00 $256.7K
YoY Change -223.15% -99.12% -244.62%
Acquisitions
YoY Change
Other Investing Activities -$100.00 $19.27K $96.26K
YoY Change -102.36% -100.18% -100.65%
Cash From Investing Activities -$161.4K $18.52K -$160.4K
YoY Change 27.35% -100.18% -98.93%
FINANCING ACTIVITIES
Cash Dividend Paid $136.1K
YoY Change -43.82%
Common Stock Issuance & Retirement, Net $590.2K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -880.6K -369.5K $3.988M
YoY Change 728.98% -103.26% -75.65%
NET CHANGE
Cash From Operating Activities -696.2K -154.2K -$4.131M
Cash From Investing Activities -161.4K 18.52K -$160.4K
Cash From Financing Activities -880.6K -369.5K $3.988M
Net Change In Cash -1.738M -505.1K -$304.2K
YoY Change 456.8% -223.1% -9665.35%
FREE CASH FLOW
Cash From Operating Activities -$696.2K -$154.2K -$4.131M
Capital Expenditures $161.3K $750.00 $256.7K
Free Cash Flow -$857.5K -$154.9K -$4.388M
YoY Change -1754.84% -74.24% 279.7%

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CY2021 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 efsh Deferred Taxes
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2021 us-gaap Provision For Other Losses
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CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2021 efsh Prepaid Expenses And Other Assets
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CY2021 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
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CY2021 efsh Proceeds From Disposition Of Subsidiary
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CY2022 us-gaap Payments To Acquire Investments
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CY2021 efsh Net Borrowings From Lines Of Credit
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CY2022 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Interest Paid Net
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CY2021 us-gaap Income Taxes Paid
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CY2021 efsh Net Assets Acquired In The Acquisition Of High Mountain And Innovative Cabinets
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CY2021 efsh Net Assets Acquired In The Acquisition Of Wolo
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CY2021 efsh Due To Sellernet Cash Paid To Seller After Closing
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CY2022 efsh Issuance Of Common Shares Upon Cashless Exercise Of Warrants
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CY2022 us-gaap Transfer To Investments
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2022 efsh Operating Lease Rightofuse Asset And Liability Remeasurement
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CY2021 efsh Operating Lease Rightofuse Asset And Liability Remeasurement
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CY2022 efsh State Of Incorporation
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1847 Holdings LLC (the “Company”) was formed under the laws of the State of Delaware on January 22, 2013.
CY2021Q2 efsh Acquired Interest Description
AcquiredInterestDescription
On April 19, 2021, the Company entered into a stock purchase agreement with the Neese Sellers, pursuant to which the Neese Sellers purchased the Company’s 55% ownership interest in 1847 Neese for a purchase price of $325,000 in cash (the “Neese Spin-Off”).
CY2022Q2 efsh Acquired Interest Description
AcquiredInterestDescription
On April 1, 2022, 1847 Cabinet transferred all of its shares of High Mountain to Innovative Cabinets, as a result of which Innovative Cabinets now owns 92.5% of High Mountain, with the remaining 7.5% held by a third-party.
CY2022 us-gaap Use Of Estimates
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif"><b><i>Use of Estimates</i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif"><b><i> </i></b></span></p>
CY2022Q4 us-gaap Limited Partners Offering Costs
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CY2021Q4 us-gaap Limited Partners Offering Costs
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CY2022 us-gaap Reclassifications
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif"><b><i>Reclassifications</i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Certain reclassifications within property and equipment, notes payable, preferred shares, and operating expenses have been made to prior period’s financial statements to conform to the current period financial statement presentation. There is no impact in total to the results of operations and cash flows in all periods presented.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif"><b><i> </i></b></span></p>
CY2022Q4 efsh Revenue Percentage
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CY2021Q4 efsh Inventory Valuation And Obsolescence
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CY2022Q4 efsh Due From Related Party
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CY2021 efsh Sales And Other
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CY2022Q4 us-gaap Federal Home Loan Bank Advances Outstanding Greater Than One Billion Dollars Per Borrower Percent
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CY2022 us-gaap Number Of Reportable Segments
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CY2021Q2 us-gaap Sale Of Stock Percentage Of Ownership After Transaction
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CY2021Q2 efsh Purchase Price
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CY2021 efsh Services
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CY2021 efsh Revenue
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CY2021 efsh Fuel Cost
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CY2021 us-gaap Gain Loss On Disposition Of Assets
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CY2021 efsh Interest Expenses
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CY2021 efsh Disposal Group Including Discontinued Operations Other Income
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CY2021 efsh Disposal Group Including Discontinued Operation Other Incomeexpense
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CY2021 efsh Netlossbeforeincometaxes
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CY2021 efsh Netlossbeforenoncontrollinginterests
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CY2021 efsh Lessnetincomelossattributabletononcontrollinginterests
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CY2021 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax Attributable To Parent
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CY2021 efsh Net Income Loss1
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CY2021 efsh Disposals Group Including Discontinued Operation Loss On Extinguishment Of Debt
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CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2021 efsh Gain On Forgiveness Of Ppp Loans
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CY2021 efsh Discontinued Operation Of Write Off Of Acquisition Receivable
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CY2021 efsh Discontinued Operation Of Accounts Receivable
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CY2021 efsh Disposal Group Including Discontinued Operation Inventory
DisposalGroupIncludingDiscontinuedOperationInventory
-161286 usd
CY2021 efsh Disposal Group Including Discontinued Of Operation Prepaid And Other Assets
DisposalGroupIncludingDiscontinuedOfOperationPrepaidAndOtherAssets
49222 usd
CY2021 efsh Disposal Group Including Discontinued Operation Of Accounts Payable And Accrued Expenses
DisposalGroupIncludingDiscontinuedOperationOfAccountsPayableAndAccruedExpenses
-118980 usd
CY2021 efsh Disposal Group Including Discontinued Operation Of Operating Lease Liability
DisposalGroupIncludingDiscontinuedOperationOfOperatingLeaseLiability
19007 usd
CY2021 efsh Accrued Expense Longterm
AccruedExpenseLongterm
137438 usd
CY2021 efsh Cash Provided By Used In Operating Activities Discontinued Operation
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperation
170580 usd
CY2021 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
675000 usd
CY2021 efsh Disposal Group Including Discontinued Operation Property And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyAndEquipment
-30697 usd
CY2021 efsh Net Cash Provided Byused In Investing Activities In Discontinued Operations
NetCashProvidedByusedInInvestingActivitiesInDiscontinuedOperations
644303 usd
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
usd
CY2021 efsh Disposal Group Including Discontinued Operation Payments On Convertible Notes Payable
DisposalGroupIncludingDiscontinuedOperationPaymentsOnConvertibleNotesPayable
-380385 usd
CY2021Q4 us-gaap Other Notes Payable
OtherNotesPayable
589078 usd
CY2021 efsh Net Cash Used In Financing Activitice In Discontinued Operations
NetCashUsedInFinancingActiviticeInDiscontinuedOperations
208693 usd
CY2022Q4 efsh Trade Receivables From Customers
TradeReceivablesFromCustomers
4867749 usd
CY2021Q4 efsh Trade Receivables From Customers
TradeReceivablesFromCustomers
2691702 usd
CY2022Q4 efsh Vendor Rebates Receivable
VendorRebatesReceivable
460 usd
CY2021Q4 efsh Vendor Rebates Receivable
VendorRebatesReceivable
126118 usd
CY2022Q4 efsh Credit Card Payments In Process Of Settlement
CreditCardPaymentsInProcessOfSettlement
102917 usd
CY2021Q4 efsh Credit Card Payments In Process Of Settlement
CreditCardPaymentsInProcessOfSettlement
116187 usd
CY2022Q4 us-gaap Retainage Deposit
RetainageDeposit
603442 usd
CY2021Q4 us-gaap Retainage Deposit
RetainageDeposit
803989 usd
CY2022Q4 efsh Accounts And Other Receivables Gross
AccountsAndOtherReceivablesGross
5574568 usd
CY2021Q4 efsh Accounts And Other Receivables Gross
AccountsAndOtherReceivablesGross
3737996 usd
CY2022Q4 efsh Allowance For Doubetful Accounts
AllowanceForDoubetfulAccounts
-359000 usd
CY2021Q4 efsh Allowance For Doubetful Accounts
AllowanceForDoubetfulAccounts
-359000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5215568 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3378996 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
4609867 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
5815150 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
425848 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
387848 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
4184019 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
5427302 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1403817 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
808592 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
156960 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
105203 usd
CY2022Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
883077 usd
CY2021Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
864121 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
166760 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
112356 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2610614 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1890272 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
725408 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
194961 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1885206 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1695311 usd
CY2022 us-gaap Depreciation
Depreciation
578344 usd
CY2021 us-gaap Depreciation
Depreciation
166412 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
12331000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
12331000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2345871 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
887103 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9985129 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11443897 usd
CY2022Q4 efsh Amortization Expense
AmortizationExpense
1458768 usd
CY2021Q4 efsh Amortization Expense
AmortizationExpense
742570 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1458768 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1458768 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1325778 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1150640 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
909142 usd
CY2022Q4 efsh Finite Lived Intangible Assets Amortization Expense After Year Thereafter
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearThereafter
3682033 usd
CY2022Q4 efsh Finite Lived Intangible Assets Net Total
FiniteLivedIntangibleAssetsNetTotal
9985129 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
4129393 usd
CY2021Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
3117825 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
357964 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
52300 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
824369 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
263590 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1179875 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
711258 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
136052 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
242160 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
114116 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
431539 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
6741769 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4818672 usd
CY2022Q3 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
1197280 usd
CY2022Q3 us-gaap Shares Issued
SharesIssued
285067 shares
CY2022Q3 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
4.2
CY2022Q3 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
456109 usd
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
361158 usd
CY2021Q4 efsh High Mountain Description
HighMountainDescription
The base rent is $29,400 for months 2-13 (with no payments for the first month), with gradual increases to $34,394 for months 50-61. In addition, High Mountain is responsible for its proportionate share of all taxes, insurance and certain operating costs during the lease term.
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1718183 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
254713 usd
CY2022Q4 efsh Operatinglease Rightofuse Lease Asset
OperatingleaseRightofuseLeaseAsset
2854196 usd
CY2021Q4 efsh Operatinglease Rightofuse Lease Asset
OperatingleaseRightofuseLeaseAsset
3192604 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
713100 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
613696 usd
CY2022Q4 efsh Lease Liability Long Term
LeaseLiabilityLongTerm
2237797 usd
CY2021Q4 efsh Lease Liability Long Term
LeaseLiabilityLongTerm
2607862 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2950897 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3221558 usd
CY2022Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P47Y
CY2021Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P59Y
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0436 pure
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0429 pure
CY2022 efsh Rent Expense
RentExpense
1054936 usd
CY2021 efsh Rent Expense
RentExpense
448510 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
17427 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
8184 usd
CY2022Q4 efsh Finite Lived Intangible Assets Nets
FiniteLivedIntangibleAssetsNets
696040 usd
CY2021Q4 efsh Preferred Stock Share Authorized
PreferredStockShareAuthorized
1818182 shares
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
829045 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
846987 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
802413 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
512756 usd
CY2022Q4 efsh Lessee Operating Lease Liability Payments Due Yearseven
LesseeOperatingLeaseLiabilityPaymentsDueYearseven
228889 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3220090 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
269193 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2950897 usd
CY2021Q2 us-gaap Equipment Expense
EquipmentExpense
276896 usd
CY2021Q2 us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
December 2027
CY2021Q4 us-gaap Equipment Expense
EquipmentExpense
245376 usd
CY2021Q4 us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
December 2027
CY2022Q1 us-gaap Equipment Expense
EquipmentExpense
316798 usd
CY2022Q1 us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
January 2028
CY2022Q2 us-gaap Equipment Expense
EquipmentExpense
11706 usd
CY2022Q2 us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
June 2027
CY2022Q3 us-gaap Equipment Expense
EquipmentExpense
240260 usd
CY2022 us-gaap Repurchase Agreements Maturities
RepurchaseAgreementsMaturities
June 2028
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
234556 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
218099 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
211332 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
211332 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
210042 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
28833 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1114194 usd
CY2022 efsh Less Amount Representing Interest1
LessAmountRepresentingInterest1
144328 usd
CY2022Q4 efsh Present Value Of Minimum Lease Payments
PresentValueOfMinimumLeasePayments
969866 usd
CY2022Q4 efsh Cash Due To Seller
CashDueToSeller
8344056 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
6550000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
850000 usd
CY2022Q4 us-gaap Capital Units Net Amount
CapitalUnitsNetAmount
944056 usd
CY2022Q2 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
163700 usd
CY2022 efsh Schedule Of Preliminary Analysis For Asiens Purchase
ScheduleOfPreliminaryAnalysisForAsiensPurchase
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif"><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif"><b>Purchase consideration at fair value:</b></span></p></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Notes payable</span></td><td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="width: 9%; text-align: right"><span style="font-family: Times New Roman, Times, Serif">850,000</span></td><td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif">   Cash</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">6,550,000</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif">   Net cash paid to Seller (post-closing)</span></td><td style="padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">944,056</span></td><td style="padding-bottom: 1.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif">Amount of consideration</span></td><td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 4pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif">8,344,056</span></td><td style="padding-bottom: 4pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="font-weight: bold; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Assets acquired and liabilities assumed at fair value</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Cash</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,171,655</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Accounts receivable</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,860,107</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Inventory</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,944,929</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Customer related intangibles</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">233,000</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Marketing related intangibles</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">992,000</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Technology related intangibles</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">623,000</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Other current assets</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">218,154</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Deferred tax liability</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">(325,000</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 8.1pt"><span style="font-family: Times New Roman, Times, Serif">Accounts payable and accrued expenses</span></td><td style="padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">(111,442</span></td><td style="padding-bottom: 1.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif">Net tangible assets acquired</span></td><td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 4pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif">6,606,403</span></td><td style="padding-bottom: 4pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-family: Times New Roman, Times, Serif"> </span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif">Total net assets acquired</span></td><td><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif">6,606,403</span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif">Consideration paid</span></td><td style="padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif">8,344,056</span></td><td style="padding-bottom: 1.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif">Goodwill</span></td><td style="padding-bottom: 4pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 4pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td style="border-bottom: Black 4pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif">1,737,653</span></td><td style="padding-bottom: 4pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p>
CY2022 efsh Purchase Price
PurchasePrice
15441173 usd
CY2022 efsh Subordinated Convertible Promissory Notes
SubordinatedConvertiblePromissoryNotes
0.06 pure
CY2022Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
4753673 usd
CY2022 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
5880345 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1126672 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
5716031 usd
CY2022 efsh Income Loss From Continuing Operation
IncomeLossFromContinuingOperation
1307085 usd
CY2021 efsh Income Loss From Continuing Operation
IncomeLossFromContinuingOperation
1476272 usd
CY2022 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
48929124 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
51589004 usd
CY2022 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-10801913 usd
CY2021 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-4445617 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-20071529 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-6540284 usd
CY2022 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
-8.36
CY2021 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
-5.51
CY2022 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
-8.36
CY2021 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
-5.51
CY2022Q2 efsh Issuance Costs Description
IssuanceCostsDescription
The Company had total issuance costs relating to these offerings of approximately $15,000, resulting in net proceeds of $1,429,700.
CY2022Q4 efsh Unsecured Promissory Notes
UnsecuredPromissoryNotes
465805 usd
CY2021Q4 efsh Unsecured Promissory Notes
UnsecuredPromissoryNotes
581963 usd
CY2022Q4 efsh Loans On Vehicles
LoansOnVehicles
230235 usd
CY2021Q4 efsh Loans On Vehicles
LoansOnVehicles
396351 usd
CY2022Q4 efsh Subtotals
Subtotals
696040 usd
CY2021Q4 efsh Subtotals
Subtotals
943923 usd
CY2022 efsh Current Portion Of Notes Payable
CurrentPortionOfNotesPayable
551210 usd
CY2021 efsh Current Portion Of Notes Payable
CurrentPortionOfNotesPayable
692522 usd
CY2022Q4 efsh Longterm Notes Payable
LongtermNotesPayable
144830 usd
CY2021Q4 efsh Longterm Notes Payable
LongtermNotesPayable
251401 usd
CY2020Q3 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
103750 shares
CY2020Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
10
CY2020Q3 efsh Promissory Note Description
PromissoryNoteDescription
As consideration, 1847 Asien issued to the Asien’s Seller a two-year 6% amortizing promissory note in the aggregate principal amount of $1,037,500.
CY2022Q4 efsh Revolving Credit Description
RevolvingCreditDescription
On October 20, 2022, the parties entered into a letter agreement pursuant to which the parties agreed to extend the maturity date of the note to February 28, 2023 and revised the repayment terms so that the outstanding principal amount and all accrued interest thereon shall be payable monthly, beginning on November 30, 2022.
CY2022Q4 efsh Amendment Fee
AmendmentFee
87707 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
465805 usd
CY2021Q1 efsh Paid By Issuance Percentage
PaidByIssuancePercentage
0.06 pure
CY2021Q1 efsh Increasing Principal Amount
IncreasingPrincipalAmount
850000 usd
CY2021Q1 efsh Promissory Note Description
PromissoryNoteDescription
On March 30, 2021, 1847 Wolo and Wolo entered into a credit agreement with Sterling National Bank for revolving loans in the principal amount of $1,000,000 and a term loan in the principal amount of $3,550,000. On October 8, 2021, the revolving loan and the term loan were repaid in full. 
CY2022Q3 us-gaap Securities Purchased Under Agreements To Resell Setoff Rights Description
SecuritiesPurchasedUnderAgreementsToResellSetoffRightsDescription
On July 8, 2022, the Company entered into a securities purchase agreement with Mast Hill Fund, L.P., pursuant to which the Company issued to it a promissory note in the principal amount of $600,000 and a five-year warrant for the purchase of 100,000 common shares at an exercise price of $6.00 per share (subject to adjustment), which such exercise price was adjusted to $4.20 following the adjustments (see Note 17), which may be exercised on a cashless basis if the market price of the Company’s common shares is greater than the exercise price, for total net proceeds of $499,600. Additionally, the Company issued a three-year warrant to J.H. Darbie & Co (the broker) for the purchase of 3,600 common shares at an exercise price of $7.50 (subject to adjustment), which such exercise price was adjusted to $4.20 following the adjustments, which may be exercised on a cashless basis if the market price of the Company’s common shares is greater than the exercise price. Accordingly, a portion of the proceeds were allocated to the warrants based on its relative fair value using the Geometric Brownian Motion Stock Path Monte Carlo Simulation. On August 10, 2022, the promissory note was repaid in full. 
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
551210 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
66988 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
52231 usd
CY2020Q3 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
1260000 usd
CY2022 efsh Vested Principal Description
VestedPrincipalDescription
Payment of the principal and accrued interest on the note was subject to vesting. As of December 31, 2021, the vested principal and accrued interest balance of the related party note was $1,001,183 and $103,156, respectively.
CY2022Q3 efsh Description Of Conversion Agreement
DescriptionOfConversionAgreement
the Company and 1847 Cabinet entered into a conversion agreement with the Kyle’s Sellers, pursuant to which they agreed to convert $797,221 of the vesting note into 189,815 common shares of the Company at a conversion price of $4.20 per share.
CY2022 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
303706 usd
CY2022Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
558734 usd
CY2022 efsh Vested Principal
vestedPrincipal
362779 usd
CY2022Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
203291 usd
CY2021Q4 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
24860000 usd
CY2021Q4 efsh Aggregate Original Issue Discount
AggregateOriginalIssueDiscount
497200 usd
CY2021Q4 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
24362800 usd
CY2021Q4 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
617825 usd
CY2021Q4 us-gaap Proceeds From Payments For Federal Funds Sold And Securities Purchased Under Agreements To Resell Net
ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet
23744975 usd
CY2021Q4 us-gaap Business Acquisitions Purchase Price Allocation Year Of Acquisition Net Effect On Income
BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome
10687500 usd
CY2021Q4 efsh Secured Convertible Promissory Notes Description
SecuredConvertiblePromissoryNotesDescription
the Company granted the financing agent warrants for the purchase of 187,500 common shares with a fair value of $956,526 and 7.5% interest in High Mountain and Innovative Cabinets which had a fair value of $1,146,803
CY2022Q4 efsh Remaining Principal Balance
RemainingPrincipalBalance
22432803 usd
CY2022 efsh Debt Discounts
DebtDiscounts
2427197 usd
CY2022 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
500702 usd
CY2022 us-gaap Debt Instrument Description
DebtInstrumentDescription
The notes bear interest at a rate per annum equal to the greater of (i) 4.75% plus the U.S. Prime Rate that appears in The Wall Street Journal from time to time or (ii) 8%; provided that, upon an event of default (as defined in the notes), such rate shall increase to 24% or the maximum legal rate. Payments of interest only, computed at such rate on the outstanding principal amount, will be due and payable quarterly in arrears commencing on January 1, 2022 and continuing on the first day of each calendar quarter thereafter through and including the maturity date, October 8, 2026. 
CY2022 efsh Prepayment Fee
PrepaymentFee
0.10 pure
CY2022 us-gaap Preferred Stock Convertible Conversion Price Decrease
PreferredStockConvertibleConversionPriceDecrease
4.2
CY2022Q4 efsh Convert Percentage
ConvertPercentage
0.20 pure
CY2022 efsh Subject To Equitable Adjustments For Stock Splits
SubjectToEquitableAdjustmentsForStockSplits
10
CY2022Q3 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
3360000 usd
CY2022Q3 us-gaap Preferred Stock Convertible Conversion Price Decrease
PreferredStockConvertibleConversionPriceDecrease
4.2
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1280000 usd
CY2022 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
The remaining principal balance of the convertible notes at December 31, 2022 is $2,234,996, net of debt discounts of $285,350, and an accrued interest balance of $381,426.
CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due In Two Years
ConvertibleNotesPayableFutureMinimumPaymentsDueInTwoYears
2520346 usd
CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due In Four Years
ConvertibleNotesPayableFutureMinimumPaymentsDueInFourYears
24860000 usd
CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due
ConvertibleNotesPayableFutureMinimumPaymentsDue
27380346 usd
CY2022 us-gaap Management Fee Expense
ManagementFeeExpense
0 usd
CY2021 us-gaap Management Fee Expense
ManagementFeeExpense
0 usd
CY2022 efsh Expensed Management Fees
ExpensedManagementFees
1100000 usd
CY2021 efsh Expensed Management Fees
ExpensedManagementFees
875000 usd
CY2020Q3 efsh Lease Agreement Description
LeaseAgreementDescription
Kyle’s entered into an industrial lease agreement with the Kyle’s Sellers, who are officers of Kyle’s and principal shareholders of the Company. The lease is for a term of five years, with an option for a renewal term of five years and provides for a base rent of $7,000 per month for the first 12 months, which will increase to $7,210 for months 13-16 and to $7,426 for months 37-60. In addition, Kyle’s is responsible for all taxes, insurance and certain operating costs during the lease term.
CY2022 efsh Common Shares Calculated Based Percentage
CommonSharesCalculatedBasedPercentage
0.80 pure
CY2022 efsh Accumulated Accrued And Unpaid Dividends
AccumulatedAccruedAndUnpaidDividends
1.15 pure
CY2022Q4 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
2
CY2022Q4 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
7
CY2022 efsh Ownership Common Shares Outstanding
OwnershipCommonSharesOutstanding
0.0499 pure
CY2022 efsh Share Holder Limitation Description
ShareHolderLimitationDescription
This limitation may be waived (up to a maximum of 9.99%) by the holder and in its sole discretion, upon not less than sixty-one (61) days’ prior notice to the Company.
CY2022 efsh Convertible Preferred Shares Percentage
ConvertiblePreferredSharesPercentage
1.15 pure
CY2022 efsh Consolidations Monthly Adjustments To Conversion Price
ConsolidationsMonthlyAdjustmentsToConversionPrice
●On the first day of the 12th month following the issuance date of any series A senior convertible preferred shares, the stated dividend rate shall automatically increase by five percent (5.0%) per annum and the conversion price shall automatically adjust to the lower of the (i) initial conversion price and (ii) the price equal to the lowest VWAP of the ten (10) trading days immediately preceding such date. ●On the first day of the 24th month following the issuance date of any series A senior convertible preferred shares, the stated dividend rate shall automatically increase by an additional five percent (5.0%) per annum, the stated value shall automatically increase by ten percent (10%) and the conversion price shall automatically adjust to the lower of the (i) initial conversion price and (ii) the price equal to the lowest VWAP of the ten (10) trading days immediately preceding such date.  ●On the first day of the 36th month following the issuance date of any series A senior convertible preferred shares, the stated dividend rate shall automatically increase by an additional five percent (5.0%) per annum, the stated value shall automatically increase by ten percent (10%) and the conversion price shall automatically adjust to the lower of the (i) initial conversion price and (ii) the price equal to the lowest VWAP of the ten (10) trading days immediately preceding the third adjustment date. 
CY2022 efsh Conversion Price Description
ConversionPriceDescription
Notwithstanding the foregoing, the conversion price for purposes of the adjustments above shall not be adjusted to a number that is below $0.03.
CY2022 efsh Additional Equity Interest
AdditionalEquityInterest
0.10 pure
CY2021Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1818182 shares
CY2021Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.65
CY2021Q1 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
3000000 usd
CY2021Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
10
CY2022 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
4.2
CY2022 us-gaap Description Of Fair Value Hedge Activity
DescriptionOfFairValueHedgeActivity
The $3,000,000 of proceeds were allocated on a relative fair value basis of $1,527,086 to the series A preferred shares and $1,472,914 to the warrants.
CY2022 us-gaap Investment Income Dividend
InvestmentIncomeDividend
615593 usd
CY2021 us-gaap Investment Income Dividend
InvestmentIncomeDividend
1032806 usd
CY2022Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
426999 shares
CY2022Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
3
CY2022Q1 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
1281000 usd
CY2022Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
54567 shares
CY2022Q4 efsh Allocation Shares Authorized
AllocationSharesAuthorized
1000 shares
CY2021Q4 efsh Allocation Shares Authorized
AllocationSharesAuthorized
1000 shares
CY2022 efsh Allocation Share In Percentage
AllocationShareInPercentage
1 pure
CY2022 efsh Profit Allocation Percentage
ProfitAllocationPercentage
0.20 pure
CY2022 efsh Allocation Shares
AllocationShares
1000 shares
CY2022Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
500000000 shares
CY2021Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
500000000 shares
CY2021Q4 us-gaap Excess Stock Shares Outstanding
ExcessStockSharesOutstanding
1210918 shares
CY2021Q1 efsh Issued Aggregate Share
IssuedAggregateShare
99710 shares
CY2021Q1 efsh Issued Per Share
IssuedPerShare
1.9
CY2021Q1 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
1.65 usd
CY2021Q1 efsh Issued Common Shares
IssuedCommonShares
99710 shares
CY2022Q1 efsh Issued Common Shares
IssuedCommonShares
38096 shares
CY2022Q3 efsh Issued Common Shares
IssuedCommonShares
126669 shares
CY2022Q3 efsh Other Underwriting Expenses
OtherUnderwritingExpenses
1428572 shares
CY2022Q3 us-gaap Accelerated Share Repurchases Final Price Paid Per Share
AcceleratedShareRepurchasesFinalPricePaidPerShare
4.2
CY2022Q3 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
1428572 shares
CY2022Q3 us-gaap Demutualization By Insurance Entity Securities Issued Gross Cash Proceeds
DemutualizationByInsuranceEntitySecuritiesIssuedGrossCashProceeds
6000000 usd
CY2022Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
5150000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05
CY2022Q1 efsh Common Stock Issued
CommonStockIssued
249762 shares
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13125
CY2022Q3 efsh Common Stock Issued
CommonStockIssued
337841 shares
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13125
CY2022Q3 efsh Common Stock Issued
CommonStockIssued
505751 shares
CY2021 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
10
CY2021 efsh Exercise Price Amount
ExercisePriceAmount
4.2 usd
CY2021 efsh Warrants Description
WarrantsDescription
The assumptions used in the model were as follows: (i) dividend yield of 0%; (ii) expected volatility of 62.5-63.25%; (iii) weighted average risk-free interest rate of 0.16%; (iv) expected life of three years; (v) estimated fair value of the common shares of $10.40-$21.00 per share; and (vi) various probability assumptions related to redemption, calls and price resets. The amount allocated to the warrants, based on their relative fair of $1,472,914, was recorded as additional paid-in capital.
CY2022Q4 efsh Common Stock Exercise Price
CommonStockExercisePrice
4.2
CY2021 efsh Warrant Term Description
WarrantTermDescription
The warrants have a term of three years and are callable by the Company after one year if the 30-day average stock price is in excess of $5 and the trading volume in the Company’s shares exceed 100,000 shares a day over such period. The Company can also redeem the warrants during the term for $0.50 a warrant in the first year; $1.00 a warrant in the second year; and $1.50 a warrant in the third year.
CY2021Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
62500 shares
CY2021Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.04
CY2021Q4 efsh Warrant For Purchase Shares
WarrantForPurchaseShares
125000 shares
CY2021Q4 efsh Price Per Share
PricePerShare
10
CY2021Q4 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
4.2
CY2022Q4 efsh Exercise Price Per Share
ExercisePricePerShare
12
CY2022 efsh Adjusted Exercise Price
AdjustedExercisePrice
4.2 shares
CY2022 efsh Consolidations Adjustments To Conversion Price
ConsolidationsAdjustmentsToConversionPrice
The assumptions used in the model were as follows: (i) dividend yield of 0%; (ii) expected volatility of 51.81%; (iii) weighted average risk-free interest rate of 0.31%; (iv) expected life of three years; (v) estimated fair value of the common shares of $7.76 per share; and (vi) various probability assumptions related to redemption, calls and price resets. The fair value of the warrants was $379,533, or $3.15 per warrant, resulting in the amount allocated to the warrants, based on their relative fair of $172,050, was recorded as additional paid-in capital.
CY2022 efsh Warrant Description
WarrantDescription
The warrants allow the holder to purchase one (1) common share at an exercise price of $4.20 per common share (subject to adjustment including upon any future equity offering with a lower exercise price), which may be exercised on a cashless basis under certain circumstances. The Company may force the exercise of the warrants at any time after the one year anniversary of the date of the warrants, if (i) the Company is listed on a national securities exchange or the over-the-counter market, (ii) the underlying common shares are registered or the holder of the warrant otherwise has the ability to trade the underlying common shares without restriction, (iii) the 30-day volume-weighted daily average price of the common shares exceeds 200% of the exercise price, as adjusted, and (iv) the average daily trading volume is at least 100,000 common shares during such 30-day period. The Company may redeem the warrants held by any holder in whole (but not in part) by paying in cash to such holder as follows: (i) $0.50 per share then underlying the warrant if within the first twelve (12) months of issuance; (ii) $1.00 per share then underlying the warrant if after the first twelve (12) months, but before twenty-four (24) months of issuance; and (iii) $1.50 per share then underlying the warrant if after twenty-four months, but before thirty-six (36) months. 
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
600000
CY2022Q3 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
100000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6
CY2022Q3 efsh Adjusted Exercise Price
AdjustedExercisePrice
4.2 shares
CY2022Q3 efsh Total Net Proceeds
TotalNetProceeds
499600 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.4911 pure
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.0313 pure
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2022Q3 efsh Common Shares Fixed Price
CommonSharesFixedPrice
7.23 shares
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2405306 usd
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
6.01
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
402650 usd
CY2022Q3 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
5.2
CY2022Q3 us-gaap Dividend Income Operating
DividendIncomeOperating
6400000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
35715 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.25
CY2022 efsh Deemed Dividend
DeemedDividend
2600000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
295427 shares
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
1683005 shares
CY2022 efsh Weighted Average Remaining Contractual Life Term
WeightedAverageRemainingContractualLifeTerm
P1Y5M4D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
108750 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.017 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.031 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.05 pure
CY2021 efsh Measurement Period Adjustmentin Dollars
MeasurementPeriodAdjustmentinDollars
-0.169 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.023 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.055 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.065 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135 pure
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20071529 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5815824 usd
CY2022 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
2400014 shares
CY2021 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
4749971 shares
CY2022 us-gaap Basic Earnings Per Share Adjustment Pro Forma
BasicEarningsPerShareAdjustmentProForma
-8.36
CY2021 us-gaap Basic Earnings Per Share Adjustment Pro Forma
BasicEarningsPerShareAdjustmentProForma
-1.22
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6466803 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4397235 shares
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1248630 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
438209 usd
CY2022 efsh Cumulative Tax Effect Percentage
CumulativeTaxEffectPercentage
-0.034 pure
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-206000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
143000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1471000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
75300 usd
CY2022 efsh Totalbenefit Provision For Income Taxes
TotalbenefitProvisionForIncomeTaxes
-1677000 usd
CY2021 efsh Totalbenefit Provision For Income Taxes
TotalbenefitProvisionForIncomeTaxes
218300 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011 pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.034 pure
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
168000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
769000 usd
CY2022Q4 efsh Inventory Obsolescence
InventoryObsolescence
93000 usd
CY2021Q4 efsh Inventory Obsolescence
InventoryObsolescence
107000 usd
CY2022Q4 efsh Business Interest Limitation
BusinessInterestLimitation
1707000 usd
CY2021Q4 efsh Business Interest Limitation
BusinessInterestLimitation
481000 usd
CY2022Q4 efsh Lease Liability
LeaseLiability
650000 usd
CY2021Q4 efsh Lease Liability
LeaseLiability
712000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
75000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
135000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
285000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
153000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2810000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1588000 usd
CY2022Q4 efsh Fixed Assets
FixedAssets
418000 usd
CY2021Q4 efsh Fixed Assets
FixedAssets
230000 usd
CY2022Q4 efsh Right Of Use Assets
RightOfUseAssets
-628000 usd
CY2021Q4 efsh Right Of Use Assets
RightOfUseAssets
-706000 usd
CY2022Q4 efsh Intangibles
Intangibles
-2363000 usd
CY2021Q4 efsh Intangibles
Intangibles
-2722000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3409000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3658000 usd
CY2022Q4 efsh Total Net Deferred Income Tax Assetsliabilities
TotalNetDeferredIncomeTaxAssetsliabilities
-599000 usd
CY2021Q4 efsh Total Net Deferred Income Tax Assetsliabilities
TotalNetDeferredIncomeTaxAssetsliabilities
-2070000 usd
CY2022Q4 us-gaap Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
0 usd
CY2022 efsh Prepaid Income Taxesaccrued Tax Liability
PrepaidIncomeTaxesaccruedTaxLiability
-122000 usd
CY2021 efsh Prepaid Income Taxesaccrued Tax Liability
PrepaidIncomeTaxesaccruedTaxLiability
175000 usd
CY2022Q4 efsh Deferred Tax Assetliability
DeferredTaxAssetliability
599000 usd
CY2021Q4 efsh Deferred Tax Assetliability
DeferredTaxAssetliability
2070000 usd
CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
1677000 usd
CY2021 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
218000 usd
CY2022 efsh Warrants Per Share
WarrantsPerShare
0.001
CY2022 efsh Aggregate Principal Amount
AggregatePrincipalAmount
604000 usd
CY2022Q1 efsh Aggregate Principal Amount
AggregatePrincipalAmount
2557575 usd
CY2022Q1 efsh Original Issue Discount Amount
OriginalIssueDiscountAmount
139091 usd
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
532827 shares
CY2022Q1 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
4.2
CY2022Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
289772 shares
CY2022Q1 efsh Warrant Purchase
WarrantPurchase
243055 shares
CY2022Q1 efsh Aggregate Of Purchase Price
AggregateOfPurchasePrice
2301818 usd
CY2022Q4 efsh Promissory Notes
PromissoryNotes
4039575 usd
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1282975 shares
CY2022 efsh Aggregate Shares
AggregateShares
415605 shares
CY2022 efsh Aggregate Gross Proceeds
AggregateGrossProceeds
3635618 usd
CY2022 efsh Net Proceeds
NetProceeds
3553118 usd
CY2022 efsh Interest Rate Per Annum
InterestRatePerAnnum
0.16 pure
CY2022 efsh Percentage Of Principal Amount
PercentageOfPrincipalAmount
0.50 pure
CY2022 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
4.2 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.80 pure
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.03
CY2022 efsh Issuance Of Common Shares
IssuanceOfCommonShares
0.0499 pure
CY2022 us-gaap Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
0.10 pure
CY2022Q4 efsh Borrower Liability
BorrowerLiability
25000 usd
CY2022 efsh Aggregating Excess
AggregatingExcess
10000 usd
CY2022 efsh Agreed Pay
AgreedPay
84362 usd
CY2021Q4 efsh Current Portion Of Contingent Note Payable
CurrentPortionOfContingentNotePayable
usd
CY2022Q4 us-gaap Other Loans Payable Long Term
OtherLoansPayableLongTerm
usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
usd
CY2022Q4 efsh Total Mezzanine Equity
TotalMezzanineEquity
usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2021Q4 efsh Preferred Stock Value1
PreferredStockValue1
usd
CY2022 efsh Gain On Forgiveness Of Debt
GainOnForgivenessOfDebt
usd
CY2022 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
usd
CY2022 efsh Net Incomeloss Per Common Share From Discontinued Operations Basicin Dollars Per Share
NetIncomelossPerCommonShareFromDiscontinuedOperationsBasicinDollarsPerShare
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
usd
CY2022 efsh Net Incomeloss From Discontinued Operations
NetIncomelossFromDiscontinuedOperations
usd
CY2022 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
usd
CY2022 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
usd
CY2022 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
usd
CY2021 efsh Forgiveness Of Debts
ForgivenessOfDebts
usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
usd
CY2021 us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
usd
CY2022 efsh Proceeds From Disposition Of Subsidiary
ProceedsFromDispositionOfSubsidiary
usd
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
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CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
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CY2022 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
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CY2022 efsh Net Borrowings From Lines Of Credit
NetBorrowingsFromLinesOfCredit
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CY2022 efsh Proceeds Repayment Of Grid Note
ProceedsRepaymentOfGridNote
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CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2021 efsh Net Proceeds From Issuance Of Series B Senior Convertible Preferred Shares
NetProceedsFromIssuanceOfSeriesBSeniorConvertiblePreferredShares
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CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2021 efsh Redemption Of Series B Senior Convertible Preferred Shares1
RedemptionOfSeriesBSeniorConvertiblePreferredShares1
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CY2021 efsh Dividends On Series B Senior Convertible Preferred Shares
DividendsOnSeriesBSeniorConvertiblePreferredShares
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CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
usd
CY2022 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
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CY2022Q4 efsh Cashandrestrictedcash Continuing Operations Amount
CASHANDRESTRICTEDCASHContinuingOperationsAmount
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CY2021Q4 efsh Cashandrestrictedcash Continuing Operations Amount
CASHANDRESTRICTEDCASHContinuingOperationsAmount
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CY2022 efsh Net Assets Acquired In The Acquisition Of High Mountain And Innovative Cabinets
NetAssetsAcquiredInTheAcquisitionOfHighMountainAndInnovativeCabinets
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CY2022 efsh Net Assets Acquired In The Acquisition Of Wolo
NetAssetsAcquiredInTheAcquisitionOfWolo
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CY2022 efsh Due To Sellernet Cash Paid To Seller After Closing
DueToSellernetCashPaidToSellerAfterClosing
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CY2022 efsh Notes Payable Sellers
NotesPayableSellers
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CY2022 efsh Accrued Common Share Dividends
AccruedCommonShareDividends
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CY2022 efsh Deemed Dividend Related To Issuance Of Preferred Shares
DeemedDividendRelatedToIssuanceOfPreferredShares
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CY2022 efsh Additional Paid In Capital Common Shares And Warrants Issued
AdditionalPaidInCapitalCommonSharesAndWarrantsIssued
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CY2021 efsh Issuance Of Common Shares Upon Conversion Of Series A Preferred Shares
IssuanceOfCommonSharesUponConversionOfSeriesAPreferredShares
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CY2021 efsh Issuance Of Common Shares Upon Cashless Exercise Of Warrants
IssuanceOfCommonSharesUponCashlessExerciseOfWarrants
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CY2021 us-gaap Transfer To Investments
TransferToInvestments
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CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
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CY2021 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
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CY2022Q4 efsh Thereafter
Thereafter
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
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CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due Current
ConvertibleNotesPayableFutureMinimumPaymentsDueCurrent
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CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due In Three Years
ConvertibleNotesPayableFutureMinimumPaymentsDueInThreeYears
usd
CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due In Five Years
ConvertibleNotesPayableFutureMinimumPaymentsDueInFiveYears
usd
CY2022Q4 efsh Convertible Notes Payable Future Minimum Payments Due Thereafter
ConvertibleNotesPayableFutureMinimumPaymentsDueThereafter
usd
CY2021 us-gaap Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
-1.22
CY2022 us-gaap Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
-8.36
CY2022 efsh Measurement Period Adjustmentin Dollars
MeasurementPeriodAdjustmentinDollars
pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
pure
CY2022Q4 efsh Sales Return Reserve
SalesReturnReserve
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001599407

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