2024 Q4 Form 10-Q Financial Statement

#000149315224046343 Filed on November 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $760.0K
YoY Change -74.52%
Cost Of Revenue $560.0K
YoY Change -77.34%
Gross Profit $200.0K
YoY Change -60.94%
Gross Profit Margin 26.32%
Selling, General & Admin $653.0K
YoY Change -46.17%
% of Gross Profit 326.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$529.0K
YoY Change -275.17%
% of Gross Profit -264.5%
Operating Expenses $652.0K
YoY Change -44.46%
Operating Profit -$452.0K
YoY Change -31.72%
Interest Expense -$409.0K
YoY Change -297.58%
% of Operating Profit
Other Income/Expense, Net -$376.0K
YoY Change -74.83%
Pretax Income -$828.0K
YoY Change -61.6%
Income Tax
% Of Pretax Income
Net Earnings -$1.359M
YoY Change -36.97%
Net Earnings / Revenue -178.82%
Basic Earnings Per Share -$0.66
Diluted Earnings Per Share -$0.66
COMMON SHARES
Basic Shares Outstanding 4.991M shares 1.763M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $310.0K
YoY Change -13.41%
Cash & Equivalents $310.0K
Short-Term Investments
Other Short-Term Assets $2.816M
YoY Change 281.06%
Inventory $1.793M
Prepaid Expenses
Receivables $105.0K
Other Receivables $0.00
Total Short-Term Assets $5.024M
YoY Change -12.61%
LONG-TERM ASSETS
Property, Plant & Equipment $112.0K
YoY Change -97.76%
Goodwill
YoY Change
Intangibles $4.178M
YoY Change -23.66%
Long-Term Investments
YoY Change
Other Assets $182.0K
YoY Change -44.17%
Total Long-Term Assets $11.20M
YoY Change -14.05%
TOTAL ASSETS
Total Short-Term Assets $5.024M
Total Long-Term Assets $11.20M
Total Assets $16.22M
YoY Change -13.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.388M
YoY Change -29.11%
Accrued Expenses $418.0K
YoY Change -41.04%
Deferred Revenue
YoY Change
Short-Term Debt $4.175M
YoY Change
Long-Term Debt Due $8.247M
YoY Change 1326.82%
Total Short-Term Liabilities $17.63M
YoY Change 338.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change -100.0%
Other Long-Term Liabilities $1.056M
YoY Change -35.37%
Total Long-Term Liabilities $1.056M
YoY Change -91.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.63M
Total Long-Term Liabilities $1.056M
Total Liabilities $18.68M
YoY Change 15.86%
SHAREHOLDERS EQUITY
Retained Earnings -$87.00M
YoY Change 8.07%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.460M
YoY Change
Total Liabilities & Shareholders Equity $16.22M
YoY Change -13.61%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$1.359M
YoY Change -36.97%
Depreciation, Depletion And Amortization -$529.0K
YoY Change -275.17%
Cash From Operating Activities -$466.0K
YoY Change -55.91%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $17.00K
YoY Change -32.0%
Cash From Investing Activities $19.00K
YoY Change -120.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 434.0K
YoY Change -35.8%
NET CHANGE
Cash From Operating Activities -466.0K
Cash From Investing Activities 19.00K
Cash From Financing Activities 434.0K
Net Change In Cash -13.00K
YoY Change -97.26%
FREE CASH FLOW
Cash From Operating Activities -$466.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Entity Address City Or Town
EntityAddressCityOrTown
Monroe
dei Entity Address State Or Province
EntityAddressStateOrProvince
CT
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
06468
CY2023Q4 EAST Notes Payable Related Party Current
NotesPayableRelatedPartyCurrent
92000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
17628000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
18684000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
83559000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-86959000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-82706000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-2460000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
853000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16224000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
17480000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
783000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
849000 usd
dei Document Type
DocumentType
10-Q
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
310000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
105000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
1793000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
176000 usd
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001534708
CY2023Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
usd
CY2023Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
usd
CY2023Q4 EAST Other Liabilities Related Party Current
OtherLiabilitiesRelatedPartyCurrent
usd
CY2024Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
usd
CY2024Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
usd
CY2024Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
usd
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
usd
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2024Q3 EAST Loss On Debt To Equity Conversion
LossOnDebtToEquityConversion
usd
EAST Loss On Debt To Equity Conversion
LossOnDebtToEquityConversion
usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2024Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
CY2024Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
usd
EAST Loss On Debt To Equity Conversion
LossOnDebtToEquityConversion
usd
EAST Stock Dividend Payable
StockDividendPayable
usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
usd
EAST Interest Accrued To Notes Payable
InterestAccruedToNotesPayable
usd
EAST Payment Of Accrued Interest On Secured Credit Facilities
PaymentOfAccruedInterestOnSecuredCreditFacilities
usd
EAST Interest Accrued To Secured Credit Facilities Related Party
InterestAccruedToSecuredCreditFacilitiesRelatedParty
usd
EAST Payment Of Accrued Interest On Secured Credit Facilities Related Party
PaymentOfAccruedInterestOnSecuredCreditFacilitiesRelatedParty
usd
EAST Interest Accrued To Notes Payable Related Party
InterestAccruedToNotesPayableRelatedParty
usd
EAST Payment Of Accrued Interest On Amounts Due To Related Parties
PaymentOfAccruedInterestOnAmountsDueToRelatedParties
usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
usd
EAST Dividends Issued
DividendsIssued
usd
EAST Warrants Issued In Relation To Debt Issuance
WarrantsIssuedInRelationToDebtIssuance
usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
usd
EAST Accrued Interest Rolled Into Notes Payable
AccruedInterestRolledIntoNotesPayable
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
EAST Other Assets Useful Life
OtherAssetsUsefulLife
P7Y
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
usd
CY2024Q3 EAST Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
usd
CY2024Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
usd
CY2024Q3 EAST Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
usd
CY2023Q4 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingIntrinsicValue
usd
CY2024Q3 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Options Granted Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsGrantedIntrinsicValue
usd
CY2024Q3 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingIntrinsicValue
usd
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38182
dei Entity Registrant Name
EntityRegistrantName
EASTSIDE DISTILLING, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-3937596
dei Entity Address Address Line1
EntityAddressAddressLine1
755 Main Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Building 4
dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 3
dei City Area Code
CityAreaCode
(484)
dei Local Phone Number
LocalPhoneNumber
800-9154
dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value
dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
0.0001
dei Trading Symbol
TradingSymbol
EAST
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4991065 shares
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
306000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
163000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2686000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
113000 usd
CY2024Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
2640000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
1269000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
5024000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
4537000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
112000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
169000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
430000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
680000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4178000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4178000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
182000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
247000 usd
CY2024Q3 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
6298000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
7669000 usd
CY2024Q3 us-gaap Assets
Assets
16224000 usd
CY2023Q4 us-gaap Assets
Assets
17480000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1388000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1062000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
418000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
465000 usd
CY2024Q3 us-gaap Secured Debt Current
SecuredDebtCurrent
3447000 usd
CY2024Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
728000 usd
CY2024Q3 us-gaap Notes Payable Current
NotesPayableCurrent
8155000 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
486000 usd
CY2024Q3 EAST Notes Payable Related Party Current
NotesPayableRelatedPartyCurrent
92000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
191000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
223000 usd
CY2024Q3 EAST Other Liabilities Related Party Current
OtherLiabilitiesRelatedPartyCurrent
85000 usd
CY2024Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
3124000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
1877000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4205000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
213000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
458000 usd
CY2023Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
2700000 usd
CY2023Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
342000 usd
CY2023Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
7556000 usd
CY2024Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
843000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
1366000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
16627000 usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3140625 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3140625 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1705987 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1705987 shares
CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
84499000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2106000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3080000 usd
CY2024Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
23000 usd
CY2023Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
43000 usd
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
129000 usd
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
141000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
760000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
806000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1977000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2939000 usd
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
560000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
638000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1476000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1940000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
200000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
168000 usd
us-gaap Gross Profit
GrossProfit
501000 usd
us-gaap Gross Profit
GrossProfit
999000 usd
CY2024Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
218000 usd
CY2023Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
303000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
699000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1180000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
435000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
172000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1149000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1287000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000 usd
CY2024Q3 us-gaap Operating Expenses
OperatingExpenses
652000 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
475000 usd
us-gaap Operating Expenses
OperatingExpenses
1847000 usd
us-gaap Operating Expenses
OperatingExpenses
2470000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-452000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-307000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1346000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1471000 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
409000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
203000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
965000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
850000 usd
CY2023Q3 EAST Loss On Debt To Equity Conversion
LossOnDebtToEquityConversion
1321000 usd
EAST Loss On Debt To Equity Conversion
LossOnDebtToEquityConversion
1321000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
33000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
25000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
37000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
57000 usd
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-376000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1499000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-928000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2114000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-828000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1806000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2274000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3585000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-828000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1806000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2274000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3585000 usd
CY2024Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-531000 usd
CY2023Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-350000 usd
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-1866000 usd
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-1812000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1359000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-2156000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4140000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5397000 usd
CY2024Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38000 usd
CY2023Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
113000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
113000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1397000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2194000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4253000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5510000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.66
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.93
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2116 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1097 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1862 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
929 shares
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-1516000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
83000 usd
CY2023Q1 EAST Stock Issued During Period Value Issued For Services One
StockIssuedDuringPeriodValueIssuedForServicesOne
60000 usd
CY2023Q1 EAST Stock Issued During Period Value Preferred Stock Dividends
StockIssuedDuringPeriodValuePreferredStockDividends
-38000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-1598000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-3009000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
651000 usd
CY2023Q2 EAST Stock Issued During Period Value Preferred Stock Dividends
StockIssuedDuringPeriodValuePreferredStockDividends
-37000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-1643000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-4038000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
373000 usd
CY2023Q3 EAST Stock Issued During Period Value Issued For Services One
StockIssuedDuringPeriodValueIssuedForServicesOne
33000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
649000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
7831000 usd
CY2023Q3 EAST Stock Issued During Period Value Preferred Stock Dividends
StockIssuedDuringPeriodValuePreferredStockDividends
-38000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-2156000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2654000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
853000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
2000 usd
CY2024Q1 EAST Stock Issued During Period Value Preferred Stock Dividends
StockIssuedDuringPeriodValuePreferredStockDividends
-38000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-1293000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-476000 usd
CY2024Q2 EAST Stock Issued During Period Value Issued For Services One
StockIssuedDuringPeriodValueIssuedForServicesOne
67000 usd
CY2024Q2 EAST Stock Issued During Period Value Preferred Stock Dividends
StockIssuedDuringPeriodValuePreferredStockDividends
-37000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-1488000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-1934000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-1934000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
392000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
329000 usd
CY2024Q3 EAST Stock Issued During Period Value Preferred Stock Dividends
StockIssuedDuringPeriodValuePreferredStockDividends
112000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1359000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1359000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-2460000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-2460000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4140000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5397000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1866000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1812000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
99000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
114000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
19000 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
-25000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000 usd
EAST Inventory Reserve
InventoryReserve
2000 usd
EAST Inventory Reserve
InventoryReserve
8000 usd
EAST Loss On Debt To Equity Conversion
LossOnDebtToEquityConversion
1321000 usd
EAST Stock Dividend Payable
StockDividendPayable
113000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
236000 usd
EAST Interest Accrued To Secured Trade Credit Facility
InterestAccruedToSecuredTradeCreditFacility
27000 usd
EAST Interest Accrued To Secured Trade Credit Facility
InterestAccruedToSecuredTradeCreditFacility
71000 usd
EAST Interest Accrued To Notes Payable
InterestAccruedToNotesPayable
-481000 usd
EAST Payment Of Accrued Interest On Secured Credit Facilities
PaymentOfAccruedInterestOnSecuredCreditFacilities
-142000 usd
EAST Interest Accrued To Secured Credit Facilities Related Party
InterestAccruedToSecuredCreditFacilitiesRelatedParty
-183000 usd
EAST Payment Of Accrued Interest On Secured Credit Facilities Related Party
PaymentOfAccruedInterestOnSecuredCreditFacilitiesRelatedParty
81000 usd
EAST Interest Accrued To Notes Payable Related Party
InterestAccruedToNotesPayableRelatedParty
-348000 usd
EAST Payment Of Accrued Interest On Amounts Due To Related Parties
PaymentOfAccruedInterestOnAmountsDueToRelatedParties
348000 usd
EAST Issuance Of Common Stock For Services By Third Parties
IssuanceOfCommonStockForServicesByThirdParties
-2000 usd
EAST Issuance Of Common Stock For Services By Third Parties
IssuanceOfCommonStockForServicesByThirdParties
-94000 usd
EAST Issuance Of Common Stock For Services By Employees
IssuanceOfCommonStockForServicesByEmployees
-67000 usd
EAST Issuance Of Common Stock For Services By Employees
IssuanceOfCommonStockForServicesByEmployees
-456000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-59000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-54000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-259000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-597000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
48000 usd
EAST Increase Decrease In Rou Assets
IncreaseDecreaseInROUAssets
-250000 usd
EAST Increase Decrease In Rou Assets
IncreaseDecreaseInROUAssets
-233000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-39000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
93000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-47000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-632000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
81000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
556000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-276000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-236000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-977000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1178000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-626000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-541000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1603000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1719000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
51000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-9000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
114000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-111000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
114000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-120000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
393000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1300000 usd
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
1100000 usd
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
56000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1493000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1356000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-483000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
306000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
612000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
310000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
129000 usd
us-gaap Interest Paid Net
InterestPaidNet
12000 usd
us-gaap Interest Paid Net
InterestPaidNet
1056000 usd
EAST Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
234000 usd
EAST Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
254000 usd
EAST Dividends Issued
DividendsIssued
150000 usd
EAST Warrants Issued In Relation To Debt Issuance
WarrantsIssuedInRelationToDebtIssuance
329000 usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
6510000 usd
EAST Accrued Interest Rolled Into Notes Payable
AccruedInterestRolledIntoNotesPayable
241000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_807_eus-gaap--NatureOfOperations_zUWsPgxKmxhk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_827_zX2uEKPuOXrc">Description of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 0pt 0pt 0; 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. On September 4, 2024, the Company entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with East Acquisition Sub Inc. (“Merger Sub”) and Beeline Financial Holdings, Inc. (“Beeline”). The Merger closed on October 7, 2024. Beeline is a mortgage technology company that operates an end-to-end, all-digital, AI-enhanced platform for homeowners and property investors. The Company currently employs 88 people in the United States, including Beeline’s employees and excluding Craft Canning + Printing (“Craft C+P”) employees.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On September 4, 2024, the Company and its subsidiary, Craft C+P, entered into a Debt Exchange Agreement (the “Debt Agreement”), which closed on October 7, 2024, resulting in the assignment by the Company of 720 barrels of spirits to Craft C+P, followed by the merger of Craft C+P into a limited liability company owned by certain creditors of the Company. Given that the effect of the Debt Agreement meets all the initial criteria of ASC Topic 205-20, <i>Presentation of Financial Statements – Discontinued Operations</i> for the classification of held for sale, the assets, liabilities, and operating results of Craft C+P have been classified as held for sale as of September 30, 2024 and December 31, 2023 and for the three and nine months ended September 30, 2024 and 2023. The consolidated financial statements for the prior periods have been adjusted to reflect comparable information.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subsequent to the execution of the Debt Agreement, the Company organized a subsidiary named “Bridgetown Spirits Corp.” (“Bridgetown”), which was incorporated on October 3, 2024, and assigned to Bridgetown the Company’s business of manufacturing and marketing spirits. Bridgetown manufactures, acquires, blends, bottles, imports, markets and sells a wide variety of alcoholic beverages under recognized brands. Bridgetown’s brands span several alcoholic beverage categories, including whiskey, vodka, rum, and tequila. Bridgetown 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 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-87000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
-4100000 usd
CY2023 us-gaap Payments For Operating Activities
PaymentsForOperatingActivities
8600000 usd
us-gaap Payments For Operating Activities
PaymentsForOperatingActivities
10100000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_842_eus-gaap--UseOfEstimates_zKT00G4sosme" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zPJ8GToa0orb">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 0pt 0pt 0; 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
EAST Customer Programs And Incentives Paid
CustomerProgramsAndIncentivesPaid
40302 usd
EAST Customer Programs And Incentives Paid
CustomerProgramsAndIncentivesPaid
43551 usd
us-gaap Excise Taxes Collected
ExciseTaxesCollected
100000 usd
us-gaap Excise Taxes Collected
ExciseTaxesCollected
200000 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
44480 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
100000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_zZd7qIurazA9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_zkgUNBLVffIk">Concentrations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; 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 0pt 0pt 0; 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 the trade receivables of Bridgetown. As of September 30, 2024, two distributors represented <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240101__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoDistributorMember_zTkNxB98sjZ8" title="Trade receivable percentage">75</span>% of Bridgetown trade receivables. As of December 31, 2023, three distributors represented <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeDistributorMember_zXmDV57FvCMl" title="Trade receivable percentage">84</span>% of Bridgetown trade receivables. Sales to one distributor accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20240101__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneDistributorMember_zhVW2ZelISqi" title="Trade receivable percentage">67</span>% of consolidated sales by Bridgetown for the nine months ended September 30, 2024. Sales to one distributor and one wholesale customer accounted for <span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneDistributorMember_znfIjJhPP7zd" title="Trade receivable percentage">69</span>% of consolidated sales of Bridgetown for the nine months ended September 30, 2023.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
EAST Advance Payment Amount
AdvancePaymentAmount
500000 usd
EAST Interest Charged On Advance Rate
InterestChargedOnAdvanceRate
0.01 pure
CY2024Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
770000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1740000 usd
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1023000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
946000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
1793000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2686000 usd
CY2024Q3 EAST Prepayment Of Inventory
PrepaymentOfInventory
69000 usd
CY2023Q4 EAST Prepayment Of Inventory
PrepaymentOfInventory
52000 usd
CY2024Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
107000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
61000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
176000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
113000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2038000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2038000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1926000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1869000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
112000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
169000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
100000 usd
us-gaap Depreciation
Depreciation
100000 usd
us-gaap Depreciation
Depreciation
100000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
100000 usd
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
100000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2962 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4178000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4178000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
400000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2024Q3 EAST Other Assets Gross
OtherAssetsGross
567000 usd
CY2023Q4 EAST Other Assets Gross
OtherAssetsGross
591000 usd
CY2024Q3 EAST Accumulated Amortization On Other Assets
AccumulatedAmortizationOnOtherAssets
385000 usd
CY2023Q4 EAST Accumulated Amortization On Other Assets
AccumulatedAmortizationOnOtherAssets
344000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
182000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
247000 usd
CY2024Q3 EAST Capitalized Costs Related To Services
CapitalizedCostsRelatedToServices
400000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
41250 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
42857 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
400000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
400000 usd
us-gaap Lease Cost
LeaseCost
200000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
100000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
100000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
58000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
210000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
164000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
432000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
28000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
404000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y21D
CY2024Q3 us-gaap Notes Payable
NotesPayable
8155000 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
8042000 usd
CY2024Q3 us-gaap Notes Payable Current
NotesPayableCurrent
8155000 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
486000 usd
CY2023Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
7556000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
486000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
7669000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
8155000 usd
CY2024Q3 EAST Stock Issuance Cost Percentage
StockIssuanceCostPercentage
0.05 pure
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q3 EAST Debt Satisfaction Agreement Description
DebtSatisfactionAgreementDescription
On September 29, 2023, the Company entered into a Debt Satisfaction Agreement (the “DSA”) with the SPV, Aegis, Bigger, District 2, LDI and TQLA, LLC. The SPV is a special purpose vehicle whose equity is shared 50% by Bigger and District 2 and 50% by Aegis and LDI.
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1300000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2120 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
57.95
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2120 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
57.95
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
300000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
201667 shares
CY2023 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm
P3Y9M18D
CY2023Q4 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
34.87
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
1196043 shares
EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedWeightedAverageRemainingContractualTerm
P5Y
CY2024Q3 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedWeightedAverageExercisePrice
5.00
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1397710 shares
EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerm
P4Y9M18D
CY2024Q3 EAST Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
9.31
CY2023Q1 EAST Assets Requirement From Related Party Transaction
AssetsRequirementFromRelatedPartyTransaction
100000 usd
CY2023Q1 EAST Percentage Of Average Of Assets Net
PercentageOfAverageOfAssetsNet
0.01 pure
CY2023Q1 us-gaap Other Assets
OtherAssets
200000 usd

Files In Submission

Name View Source Status
0001493152-24-046343-index-headers.html Edgar Link pending
0001493152-24-046343-index.html Edgar Link pending
0001493152-24-046343.txt Edgar Link pending
0001493152-24-046343-xbrl.zip Edgar Link pending
east-20240930.xsd Edgar Link pending
east-20240930_cal.xml Edgar Link unprocessable
east-20240930_def.xml Edgar Link unprocessable
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
form10-q_002.jpg Edgar Link pending
east-20240930_lab.xml Edgar Link unprocessable
east-20240930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending