2023 Q1 Form 10-K Financial Statement

#000149315223010264 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $2.853M $2.309M $13.88M
YoY Change -23.72% -16.97% 12.01%
Cost Of Revenue $2.212M $2.457M $11.44M
YoY Change -20.8% -15.54% 20.65%
Gross Profit $641.0K -$148.0K $2.441M
YoY Change -32.31% 15.63% -16.12%
Gross Profit Margin 22.47% -6.41% 17.58%
Selling, General & Admin $1.875M $1.838M $9.032M
YoY Change -27.24% 16.48% -3.82%
% of Gross Profit 292.51% 370.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $407.0K $416.0K $1.520M
YoY Change 54.75% 24.55% 22.88%
% of Gross Profit 63.49% 62.27%
Operating Expenses $1.881M $1.838M $9.090M
YoY Change -27.01% 16.48% -3.21%
Operating Profit -$1.240M -$1.986M -$6.649M
YoY Change -23.93% 16.41% 2.59%
Interest Expense $329.0K -$240.0K $2.216M
YoY Change -181.03% -34.96% -276.71%
% of Operating Profit
Other Income/Expense, Net -$358.0K -$73.00K -$9.617M
YoY Change -48.59% -557.95%
Pretax Income -$1.598M -$9.709M -$16.27M
YoY Change -21.51% 338.33% 168.68%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.598M -$9.746M -$16.30M
YoY Change -21.51% 337.83% 642.26%
Net Earnings / Revenue -56.01% -422.09% -117.41%
Basic Earnings Per Share -$0.10 -$1.07
Diluted Earnings Per Share -$1.99 -$0.62 -$1.07
COMMON SHARES
Basic Shares Outstanding 16.53M shares 15.74M shares 15.34M shares
Diluted Shares Outstanding 824.0K shares 767.0K shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $267.0K $723.0K $723.0K
YoY Change -89.75% -77.93% -77.93%
Cash & Equivalents $267.0K $723.0K
Short-Term Investments
Other Short-Term Assets $941.0K $579.0K $579.0K
YoY Change -81.44% -79.85% -79.85%
Inventory $3.989M $4.442M $4.442M
Prepaid Expenses $941.0K $579.0K
Receivables $860.0K $876.0K $876.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.057M $6.620M $6.620M
YoY Change -59.66% -53.07% -53.07%
LONG-TERM ASSETS
Property, Plant & Equipment $5.489M $5.741M $8.729M
YoY Change 0.66% 165.42% 62.43%
Goodwill
YoY Change
Intangibles $5.655M $5.758M
YoY Change -57.74%
Long-Term Investments
YoY Change
Other Assets $354.0K $369.0K $256.0K
YoY Change -16.51% -19.26% -43.98%
Total Long-Term Assets $14.20M $14.86M $14.86M
YoY Change -26.82% -23.64% -23.64%
TOTAL ASSETS
Total Short-Term Assets $6.057M $6.620M $6.620M
Total Long-Term Assets $14.20M $14.86M $14.86M
Total Assets $20.25M $21.48M $21.48M
YoY Change -41.15% -36.01% -36.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.077M $1.728M $1.728M
YoY Change -12.25% 36.6% 36.6%
Accrued Expenses $1.429M $1.509M $2.500M
YoY Change -28.59% 81.15% 54.89%
Deferred Revenue $115.0K $18.00K
YoY Change
Short-Term Debt $300.0K $0.00 $0.00
YoY Change
Long-Term Debt Due $15.78M $8.040M $8.040M
YoY Change 131.64% 21.47% 21.47%
Total Short-Term Liabilities $21.29M $13.01M $13.01M
YoY Change 90.46% 36.99% 36.99%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $7.841M $7.841M
YoY Change -100.0% -3.97% -3.97%
Other Long-Term Liabilities $1.970M $2.140M $2.140M
YoY Change -21.95% -14.33% -14.33%
Total Long-Term Liabilities $1.970M $9.981M $9.981M
YoY Change -81.47% -6.4% -6.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.29M $13.01M $13.01M
Total Long-Term Liabilities $1.970M $9.981M $9.981M
Total Liabilities $23.26M $22.99M $22.99M
YoY Change 6.64% 14.04% 14.04%
SHAREHOLDERS EQUITY
Retained Earnings -$76.70M -$75.00M
YoY Change 27.98%
Common Stock $2.000K $2.000K
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.009M -$1.516M -$1.516M
YoY Change
Total Liabilities & Shareholders Equity $20.25M $21.48M $21.48M
YoY Change -41.15% -36.01% -36.01%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$1.598M -$9.746M -$16.30M
YoY Change -21.51% 337.83% 642.26%
Depreciation, Depletion And Amortization $407.0K $416.0K $1.520M
YoY Change 54.75% 24.55% 22.88%
Cash From Operating Activities -$428.0K -$1.028M -$877.0K
YoY Change 214.71% -68.81% -85.26%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $2.000K $2.500M
YoY Change -100.0% -102.63% -1043.4%
Acquisitions
YoY Change
Other Investing Activities $168.0K $180.0K
YoY Change -8500.0% -94.81%
Cash From Investing Activities -$28.00K $166.0K -$2.317M
YoY Change -97.98% -312.82% -172.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $198.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.153M $641.0K
YoY Change -70.28% -87.63%
NET CHANGE
Cash From Operating Activities -$428.0K -1.028M -$877.0K
Cash From Investing Activities -$28.00K 166.0K -$2.317M
Cash From Financing Activities 1.153M $641.0K
Net Change In Cash -$456.0K 291.0K -$2.553M
YoY Change -31.94% -42.49% -204.63%
FREE CASH FLOW
Cash From Operating Activities -$428.0K -$1.028M -$877.0K
Capital Expenditures $0.00 $2.000K $2.500M
Free Cash Flow -$428.0K -$1.030M -$3.377M
YoY Change -134.16% -68.01% -40.58%

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CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6407000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6777000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-58000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-419000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
9090000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
9810000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-6649000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-6900000 usd
CY2022 us-gaap Interest Expense
InterestExpense
2216000 usd
CY2021 us-gaap Interest Expense
InterestExpense
1254000 usd
CY2022 EAST Loss On Disposal Of Assets
LossOnDisposalOfAssets
-7453000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
52000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2100000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9617000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
846000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-16266000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6054000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-16266000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-6054000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3858000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-16266000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-2196000 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
150000 usd
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
27000 usd
CY2021 EAST Deemed Dividendwarrant Price Protectionrevaluation Adjustment
DeemedDividendwarrantPriceProtectionrevaluationAdjustment
2288000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16416000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4511000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.07
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.35
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15337000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12708000 shares
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-1108000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27000 usd
CY2021 EAST Stock Issued During Period Value Warrant Exercised
StockIssuedDuringPeriodValueWarrantExercised
2375000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
717000 usd
CY2021 EAST Stock Issued During Period Value Issuance Of Common Stock Value For Initial Earnout
StockIssuedDuringPeriodValueIssuanceOfCommonStockValueForInitialEarnout
6860000 usd
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
425000 usd
CY2021 EAST Stock Issued During Period Value Issued For Services One
StockIssuedDuringPeriodValueIssuedForServicesOne
205000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
6088000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-2196000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
13399000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
13399000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
315000 usd
CY2022 EAST Stock Issued During Period Value Issued For Services One
StockIssuedDuringPeriodValueIssuedForServicesOne
205000 usd
CY2022 EAST Adjustments To Additional Paid In Capital Issuance Of Detachable Warrants On Notes Payable
AdjustmentsToAdditionalPaidInCapitalIssuanceOfDetachableWarrantsOnNotesPayable
630000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
198000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-16266000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-1516000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-1516000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-16266000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-2196000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3858000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1520000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1237000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
87000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-2000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1448000 usd
CY2022 EAST Loss On Disposal Of Assets
LossOnDisposalOfAssets
-7453000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-58000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-419000 usd
CY2022 EAST Write Off Of Obsolete Fixed Assets
WriteOffOfObsoleteFixedAssets
-5000 usd
CY2021 EAST Write Off Of Obsolete Fixed Assets
WriteOffOfObsoleteFixedAssets
-148000 usd
CY2022 EAST Inventory Reserve
InventoryReserve
47000 usd
CY2021 EAST Inventory Reserve
InventoryReserve
45000 usd
CY2021 EAST Remeasurement Of Deferred Consideration
RemeasurementOfDeferredConsideration
750000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1155000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
327000 usd
CY2022 EAST Interest Accrued To Secured Trade Credit Facility
InterestAccruedToSecuredTradeCreditFacility
142000 usd
CY2021 EAST Interest Accrued To Secured Trade Credit Facility
InterestAccruedToSecuredTradeCreditFacility
141000 usd
CY2022 EAST Payment Of Accrued Interest On Secured Credit Facilities
PaymentOfAccruedInterestOnSecuredCreditFacilities
-149000 usd
CY2022 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
39000 usd
CY2022 EAST Interest Accrued To Notes Payable Related Party
InterestAccruedToNotesPayableRelatedParty
-98000 usd
CY2022 EAST Issuance Of Common Stock In Exchange For Services For Related Parties
IssuanceOfCommonStockInExchangeForServicesForRelatedParties
205000 usd
CY2021 EAST Issuance Of Common Stock In Exchange For Services For Related Parties
IssuanceOfCommonStockInExchangeForServicesForRelatedParties
205000 usd
CY2022 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
315000 usd
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
425000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
27000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-483000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
750000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2114000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-263000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
50000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2776000 usd
CY2022 EAST Increase Decrease In Rou Assets
IncreaseDecreaseInROUAssets
-992000 usd
CY2021 EAST Increase Decrease In Rou Assets
IncreaseDecreaseInROUAssets
-1000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
465000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-599000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
676000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-619000 usd
CY2022 us-gaap Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
-725000 usd
CY2021 us-gaap Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
700000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
18000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-23000 usd
CY2022 EAST Increase Decrease In Net Lease Liabilities
IncreaseDecreaseInNetLeaseLiabilities
918000 usd
CY2021 EAST Increase Decrease In Net Lease Liabilities
IncreaseDecreaseInNetLeaseLiabilities
-5000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-877000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-10568000 usd
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
4620000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-877000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5948000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
180000 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
114000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2497000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
265000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2317000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-151000 usd
CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
3356000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2317000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3205000 usd
CY2021 EAST Issuance Of Common Stock From Warrant Exercise For Cash Net Of Expenses
IssuanceOfCommonStockFromWarrantExerciseForCashNetOfExpenses
2375000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3610000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
198000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2485000 usd
CY2021 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
3300000 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
8000000 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
3500000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2838000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3730000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1219000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2857000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
641000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5183000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2553000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2440000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3276000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
836000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
723000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3276000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
959000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
468000 usd
CY2022 EAST Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
951000 usd
CY2021 EAST Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
717000 usd
CY2022 EAST Dividends Issued
DividendsIssued
150000 usd
CY2021 EAST Dividends Issued
DividendsIssued
27000 usd
CY2022 EAST Issuance Of Detachable Warrants On Notes Payable
IssuanceOfDetachableWarrantsOnNotesPayable
630000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
770000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1963000 usd
CY2021 EAST Warrants Issued In Relation To Purchase Agreement
WarrantsIssuedInRelationToPurchaseAgreement
717000 usd
CY2021 EAST Deemed Dividendwarrant Price Protectionrevaluation Adjustment In Non Cash
DeemedDividendwarrantPriceProtectionrevaluationAdjustmentInNonCash
2288000 usd
CY2021 us-gaap Stock Issued1
StockIssued1
6860000 usd
CY2021 EAST Issuance Of Notes Payable Pursuant To Final Earnout
IssuanceOfNotesPayablePursuantToFinalEarnout
7842000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80B_eus-gaap--NatureOfOperations_zJea2bIZIZfe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_828_zKxVR3Hdcuhk">Description of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eastside Distilling (the “Company” or “Eastside Distilling”) was incorporated under the laws of Nevada in 2004 under the name of Eurocan Holdings, Ltd. In December 2014, the Company changed its corporate name to Eastside Distilling, Inc. to reflect the acquisition of Eastside Distilling, LLC. The Company manufactures, acquires, blends, bottles, imports, markets and sells a wide variety of alcoholic beverages under recognized brands. The Company currently employs 50 people in the United States.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s spirits’ brands span several alcoholic beverage categories, including whiskey, vodka, rum, and tequila. The Company sells products on a wholesale basis to distributors in open states and through brokers in control states.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company operates a mobile craft canning business that primarily services the craft beverage segment. During 2022, the Company made substantial investments to expand its product offerings to include digital can printing activities in the Pacific Northwest (together Craft Canning + Printing, “Craft C+P”). Craft C+P operates 13 mobile filling lines in Seattle, Washington; Spokane, Washington; Portland, Oregon; and Denver, Colorado. The Company now offers co-packing services in Portland, Oregon through its recent asset acquisition, allowing it to offer end-to-end production capabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-75000000.0 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-16300000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4200000 usd
CY2022Q4 EAST Changes In Working Capital
ChangesInWorkingCapital
6800000 usd
CY2022 EAST Proceeds From Issuance Of Debt And Equity
ProceedsFromIssuanceOfDebtAndEquity
8900000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_846_eus-gaap--UseOfEstimates_zsYE6673uS2b" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of Estimates</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in accordance 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 revenues 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 EAST Customer Programs And Incentives Paid
CustomerProgramsAndIncentivesPaid
200000 usd
CY2021 EAST Customer Programs And Incentives Paid
CustomerProgramsAndIncentivesPaid
200000 usd
CY2022 us-gaap Excise Taxes Collected
ExciseTaxesCollected
200000 usd
CY2021 us-gaap Excise Taxes Collected
ExciseTaxesCollected
300000 usd
CY2022 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
700000 usd
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
700000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84C_eus-gaap--ConcentrationRiskCreditRisk_zAfJrFsUD51a" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zIQ7piOrGljf">Concentrations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of trade receivables. As of December 31, 2022, one distributor represented <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneDistributorsMember_zS7MXiTXIYxa" title="Concentration risk percentage">15</span>% of trade receivables. As of December 31, 2021, four wholesale customers represented <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--FourWholesaleCustomersMember_zBsYVwUaz4zd" title="Concentration risk percentage">42</span>% of trade receivables. Sales to one distributor and one wholesale customer accounted for <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneDistributorAndOneWholesaleCustomerMember_z47588zLjC37" title="Concentration risk percentage">40</span>% of consolidated sales for the year ended December 31, 2022. Sales to one wholesale customer accounted for <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneWholesaleCustomersMember_zFpQ4bCxtGg" title="Concentration risk percentage">20</span>% of consolidated sales for the year ended December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 EAST General And Administrative Expense Percentage
GeneralAndAdministrativeExpensePercentage
0.50 pure
CY2022 EAST Loss On Disposal Of Assets
LossOnDisposalOfAssets
-7453000 usd
CY2021 EAST Remeasurement Of Deferred Consideration
RemeasurementOfDeferredConsideration
750000 usd
CY2021 EAST Gain On Disposal Of Offsite Inventory
GainOnDisposalOfOffsiteInventory
-1047000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
0 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
0 usd
CY2022 EAST Interest Charged On Advance Payment Amount
InterestChargedOnAdvancePaymentAmount
500000 usd
CY2022 EAST Interest Charged On Advance Rate
InterestChargedOnAdvanceRate
0.01 pure
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_843_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zNv0OVHqgpG4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_zUhHXSBJoE2k">Reclassification of Prior Year Presentation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2021 EAST Disposal Group Including Discontinued Operation Sales
DisposalGroupIncludingDiscontinuedOperationSales
283000 usd
CY2021 EAST Disposal Group Including Discontinued Operation Less Excise Taxes Customer Programs And Incentives
DisposalGroupIncludingDiscontinuedOperationLessExciseTaxesCustomerProgramsAndIncentives
30000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
253000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
168000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
85000 usd
CY2021 EAST Disposal Group Including Discontinued Operation Advertising Promotional And Selling Expenses
DisposalGroupIncludingDiscontinuedOperationAdvertisingPromotionalAndSellingExpenses
-22000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
35000 usd
CY2021 EAST Disposal Group Including Discontinued Operation Operating Expenses
DisposalGroupIncludingDiscontinuedOperationOperatingExpenses
-57000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
28000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
980000 usd
CY2021 EAST Disposal Group Including Discontinued Operation Terminationof Agreement
DisposalGroupIncludingDiscontinuedOperationTerminationofAgreement
2850000 usd
CY2021 EAST Disposal Group Including Discontinued Operation Total Other Expense Net
DisposalGroupIncludingDiscontinuedOperationTotalOtherExpenseNet
3830000 usd
CY2021 EAST Disposal Group Including Discontinued Operation Net Loss
DisposalGroupIncludingDiscontinuedOperationNetLoss
3858000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
3127000 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
4768000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1315000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1742000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
4442000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
6510000 usd
CY2022Q4 EAST Prepayment Of Property Plant And Equipment
PrepaymentOfPropertyPlantAndEquipment
346000 usd
CY2021Q4 EAST Prepayment Of Property Plant And Equipment
PrepaymentOfPropertyPlantAndEquipment
2715000 usd
CY2021Q4 EAST Prepayment Of Inventory Current
PrepaymentOfInventoryCurrent
59000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
233000 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
99000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
579000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2873000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10060000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5979000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4319000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3816000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5741000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2163000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2500000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
300000 usd
CY2022 us-gaap Depreciation
Depreciation
1000000.0 usd
CY2021 us-gaap Depreciation
Depreciation
800000 usd
CY2022 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
200000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
100000 usd
CY2021 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
500000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
400000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
200000 usd
CY2022 EAST Write Off Of Obsolete Fixed Assets Net
WriteOffOfObsoleteFixedAssetsNet
5270 usd
CY2021 EAST Write Off Of Obsolete Fixed Assets Net
WriteOffOfObsoleteFixedAssetsNet
100000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7412000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
14865000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1654000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1241000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5758000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13624000 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
400000 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
400000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7500000 usd
CY2022Q4 EAST Other Assets Gross
OtherAssetsGross
656000 usd
CY2021Q4 EAST Other Assets Gross
OtherAssetsGross
686000 usd
CY2022Q4 EAST Accumulated Amortization On Other Assets
AccumulatedAmortizationOnOtherAssets
287000 usd
CY2021Q4 EAST Accumulated Amortization On Other Assets
AccumulatedAmortizationOnOtherAssets
229000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
369000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
457000 usd
CY2022Q4 EAST Net Value Of Service Write Down
NetValueOfServiceWriteDown
400000 usd
CY2022 us-gaap Lessee Operating Lease Variable Lease Payment Terms And Conditions
LesseeOperatingLeaseVariableLeasePaymentTermsAndConditions
These lease obligations expire at various dates through 2027.
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3000000.0 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3100000 usd
CY2022 us-gaap Lease Cost
LeaseCost
1100000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
300000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1168000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
804000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
795000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
632000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
142000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3541000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.067 pure
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
410000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3131000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2022Q4 us-gaap Notes Payable
NotesPayable
7749000 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
8967000 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
894000 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
7749000 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
8073000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
16642000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
895000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
894000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
22220000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
7749000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
7749000 usd
CY2022 us-gaap Debt Instrument Description
DebtInstrumentDescription
The Company may prepay the Notes at any time in whole or in part by paying a sum of money equal to 100% of the principal amount to be redeemed, together with accrued and unpaid interest, plus a prepayment fee equal to five percent (5%) of the principal amount to be repaid.
CY2022 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1 pure
CY2021Q3 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2400000 usd
CY2021Q3 EAST Deemed Dividendwarrant Price Protectionrevaluation Adjustment
DeemedDividendwarrantPriceProtectionrevaluationAdjustment
2300000 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 Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3190000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-431000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1074000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-145000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4264000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
576000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
21325000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17536000 usd
CY2022Q4 EAST Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
-2070000 usd
CY2021Q4 EAST Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
-1650000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2070000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1650000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20150000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15886000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
66000000 usd
CY2022Q4 EAST Change In Ownership Percentage
ChangeInOwnershipPercentage
0.50 pure
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000 shares
CY2021Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.23
CY2021Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6150 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
57586 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.29
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
5834 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.43
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
51752 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.16
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
51585 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.16
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
167 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
66.70
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3417 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2926 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
100000 usd
CY2022 EAST Period Of Compensation Cost Related To Stock Options Not Yet Recognized
PeriodOfCompensationCostRelatedToStockOptionsNotYetRecognized
P0Y3M18D
CY2022Q1 us-gaap Loans Payable
LoansPayable
2000000.0 usd
CY2022Q1 EAST Additional Loans Payable
AdditionalLoansPayable
1000000.0 usd
CY2022Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0925 pure
CY2022Q1 EAST Commitment Fee Percent
CommitmentFeePercent
0.025 pure
CY2022Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.20
CY2022Q4 us-gaap Other Notes Payable
OtherNotesPayable
3500000 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2900000 shares
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
600000 usd
CY2022 us-gaap Interest And Debt Expense
InterestAndDebtExpense
600000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1256944 shares
CY2022 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Beginning
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermBeginning
P4Y
CY2021 EAST Weighted Average Exercise Price Non Option Equity Instrument Outstanding
WeightedAverageExercisePriceNonOptionEquityInstrumentOutstanding
3.42
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
2916667 shares
CY2022 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermGranted
P4Y3M18D
CY2022 EAST Weighted Average Exercise Price Non Option Equity Instrument Granted
WeightedAverageExercisePriceNonOptionEquityInstrumentGranted
1.20
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
140278 shares
CY2022 EAST Weighted Average Exercise Price Non Option Equity Instrument Forfeited And Cancelled
WeightedAverageExercisePriceNonOptionEquityInstrumentForfeitedAndCancelled
0.97
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
4033333 shares
CY2022 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Ending
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermEnding
P3Y9M18D
CY2022 EAST Weighted Average Exercise Price Non Option Equity Instrument Outstanding
WeightedAverageExercisePriceNonOptionEquityInstrumentOutstanding
1.67
CY2021Q1 EAST Assets Requirement From Related Party Transaction
AssetsRequirementFromRelatedPartyTransaction
100000 usd
CY2021Q1 EAST Percentage Of Average Of Assets Net
PercentageOfAverageOfAssetsNet
0.01 pure
CY2021Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
300000 usd
CY2021 EAST Related Party Transaction Description
RelatedPartyTransactionDescription
In connection with the acquisition of Azuñia Tequila from Intersect, TQLA was entitled to receive up to 93.88% of the aggregate consideration payable under the Asset Purchase Agreement.
CY2021Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
700000 usd

Files In Submission

Name View Source Status
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