2022 Q4 Form 10-Q Financial Statement
#000121390022072152 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $375.9K | $535.6K | $546.6K |
YoY Change | -42.12% | -2.02% | 658.04% |
Cost Of Revenue | $501.4K | $601.5K | $322.8K |
YoY Change | 17.09% | 86.35% | 878.51% |
Gross Profit | -$125.4K | -$65.96K | $223.8K |
YoY Change | -156.7% | -129.47% | 472.11% |
Gross Profit Margin | -33.37% | -12.32% | 40.94% |
Selling, General & Admin | $3.682M | $2.400M | $1.755M |
YoY Change | 75.94% | 36.77% | 467.11% |
% of Gross Profit | 784.08% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $0.00 | $350.00 |
YoY Change | -100.0% | -100.0% | 75.0% |
% of Gross Profit | 0.16% | ||
Operating Expenses | $3.682M | $2.400M | $1.755M |
YoY Change | 75.94% | 36.77% | 467.11% |
Operating Profit | -$3.807M | -$2.572M | -$1.531M |
YoY Change | 103.45% | 67.98% | 466.38% |
Interest Expense | $2.218K | ||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $9.690K | $11.78K | $0.00 |
YoY Change | 3776.0% | -100.0% | |
Pretax Income | -$3.797M | -$2.560M | -$1.531M |
YoY Change | 102.96% | 67.21% | 466.91% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.797M | -$2.560M | -$1.531M |
YoY Change | 102.96% | 67.21% | 466.91% |
Net Earnings / Revenue | -1010.14% | -477.99% | -280.09% |
Basic Earnings Per Share | -$0.20 | -$0.17 | |
Diluted Earnings Per Share | -$0.30 | -$0.20 | -$125.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 12.73M shares | 12.73M shares | 9.113M shares |
Diluted Shares Outstanding | 12.73M shares | 9.113M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.080M | $3.415M | $229.2K |
YoY Change | -87.05% | 1390.43% | |
Cash & Equivalents | $2.080M | $3.415M | $229.2K |
Short-Term Investments | |||
Other Short-Term Assets | $1.030M | $628.6K | $343.7K |
YoY Change | 162.15% | 82.87% | |
Inventory | $3.696M | $3.931M | $261.5K |
Prepaid Expenses | $313.0K | ||
Receivables | $259.3K | $423.4K | $69.93K |
Other Receivables | $787.7K | ||
Total Short-Term Assets | $7.908M | $9.166M | $1.692M |
YoY Change | -56.69% | 441.72% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $678.2K | $756.4K | $1.583M |
YoY Change | -31.58% | -52.22% | |
Total Long-Term Assets | $678.2K | $857.5K | $1.587M |
YoY Change | -31.85% | -45.97% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $7.908M | $9.166M | $1.692M |
Total Long-Term Assets | $678.2K | $857.5K | $1.587M |
Total Assets | $8.586M | $10.02M | $3.279M |
YoY Change | -55.4% | 205.67% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $589.2K | $485.7K | $658.0K |
YoY Change | 41.39% | -26.18% | |
Accrued Expenses | $422.9K | $385.0K | $401.5K |
YoY Change | 98.68% | -4.11% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $111.6K | $2.564M |
YoY Change | -100.0% | -95.65% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.973M | $1.881M | $3.703M |
YoY Change | 36.56% | -49.2% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.973M | $1.881M | $3.703M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.973M | $1.881M | $3.703M |
YoY Change | 36.56% | -49.2% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$15.82M | -$12.02M | |
YoY Change | 2462.54% | ||
Common Stock | $12.73K | $12.73K | |
YoY Change | 4.36% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.614M | $8.142M | -$424.2K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.586M | $10.02M | $3.279M |
YoY Change | -55.4% | 205.67% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.797M | -$2.560M | -$1.531M |
YoY Change | 102.96% | 67.21% | 466.91% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $350.00 |
YoY Change | -100.0% | -100.0% | 75.0% |
Cash From Operating Activities | -$1.267M | -$1.813M | -$2.012M |
YoY Change | -66.47% | -9.86% | -5117.74% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | -$250.00 |
YoY Change | -100.0% | -94.2% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | -$250.00 |
YoY Change | -100.0% | -94.2% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.285M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -68.29K | 0.000 | 2.237M |
YoY Change | -100.35% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -1.267M | -1.813M | -2.012M |
Cash From Investing Activities | 0.000 | 0.000 | -250.0 |
Cash From Financing Activities | -68.29K | 0.000 | 2.237M |
Net Change In Cash | -1.335M | -1.813M | 224.7K |
YoY Change | -108.43% | -907.09% | 527.92% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.267M | -$1.813M | -$2.012M |
Capital Expenditures | $0.00 | $0.00 | -$250.00 |
Free Cash Flow | -$1.267M | -$1.813M | -$2.011M |
YoY Change | -66.47% | -9.85% | -4630.09% |
Facts In Submission
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2022-09-30 | ||
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2022 | ||
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|
001-41147 | ||
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Entity Registrant Name
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Fresh Vine Wine, Inc. | ||
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NV | ||
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87-3905007 | ||
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11500 Wayzata Blvd | ||
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#1147 | ||
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Minnetonka | ||
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55305 | ||
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(855) | ||
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766-9463 | ||
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Common stock, $0.001 par value | ||
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VINE | ||
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302220 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-269450 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3771586 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
67419 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
138773 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-11778 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.97 | ||
vine |
Number Of Shares Of Restricted Stock Vested Or Released
NumberOfSharesOfRestrictedStockVestedOrReleased
|
-36668 | shares | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.2 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.91 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.97 | ||
CY2022Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1691562 | shares |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
68999 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
589130 | usd | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
139186 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
172142 | usd | |
vine |
Increase Decrease In Accrued Expenses Related Parties
IncreaseDecreaseInAccruedExpensesRelatedParties
|
204617 | usd | |
vine |
Increase Decrease In Accrued Expenses Related Parties
IncreaseDecreaseInAccruedExpensesRelatedParties
|
-401500 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4579 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
79326 | usd | |
us-gaap |
Increase Decrease In Due To Other Related Parties
IncreaseDecreaseInDueToOtherRelatedParties
|
-88727 | usd | |
us-gaap |
Increase Decrease In Due To Other Related Parties
IncreaseDecreaseInDueToOtherRelatedParties
|
373817 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12261556 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2011612 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
250 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-250 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
216000 | usd | |
vine |
Payments Of Issuance Outstanding Secured Borrowings
PaymentsOfIssuanceOutstandingSecuredBorrowings
|
-171069 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
216000 | usd | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
249331 | usd | |
us-gaap |
Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
|
2284765 | usd | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
513569 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-387069 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2236527 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-12648625 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
224665 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16063941 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4485 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3415316 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
229150 | usd |
vine |
Issuance Of Units For Prepaid Marketing Services
IssuanceOfUnitsForPrepaidMarketingServices
|
1565000 | usd | |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
137647 | usd |
vine |
Revenue Generated Percentage
RevenueGeneratedPercentage
|
1.36 | pure | |
CY2022Q3 | vine |
Cash Requirements
CashRequirements
|
6300000 | usd |
CY2022Q3 | vine |
Total Revenue Percentage
TotalRevenuePercentage
|
1 | pure |
CY2021Q3 | vine |
Total Revenue Percentage
TotalRevenuePercentage
|
1 | pure |
vine |
Total Revenue Percentage
TotalRevenuePercentage
|
1 | pure | |
vine |
Total Revenue Percentage
TotalRevenuePercentage
|
1 | pure | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1691562 | shares | |
CY2022Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
3916569 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2560040 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1531046 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11405173 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
8094635 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12732244 | shares |
CY2021Q4 | us-gaap |
Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
|
6.1934 | pure |
CY2021Q4 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Proceeds From Fees Received
ProceedsFromFeesReceived
|
19200000 | usd |
CY2021Q4 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
1800000 | usd |
CY2021Q4 | vine |
Offering Expenses
OfferingExpenses
|
1100000 | usd |
CY2021Q4 | us-gaap |
Excess Stock Shares Outstanding
ExcessStockSharesOutstanding
|
12200013 | shares |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration:underline">Accounting Estimates</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Management uses estimates and assumptions in preparing these financial statements in accordance with U.S. GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include contingent liabilities, allowance for doubtful accounts, allowance for inventory obsolescence, equity-based compensation for employees and non-employees, and the valuation of deferred tax assets.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i> </i></p> | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9113254 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12524132 | shares | |
CY2022Q3 | us-gaap |
Direct Financing Lease Revenue
DirectFinancingLeaseRevenue
|
204710 | usd |
CY2021Q3 | us-gaap |
Direct Financing Lease Revenue
DirectFinancingLeaseRevenue
|
241688 | usd |
us-gaap |
Direct Financing Lease Revenue
DirectFinancingLeaseRevenue
|
668221 | usd | |
us-gaap |
Direct Financing Lease Revenue
DirectFinancingLeaseRevenue
|
533751 | usd | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
297224 | usd | |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
535584 | usd |
CY2021Q3 | us-gaap |
Revenues
Revenues
|
546621 | usd |
us-gaap |
Revenues
Revenues
|
2484086 | usd | |
us-gaap |
Revenues
Revenues
|
1050765 | usd | |
CY2022Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
601546 | usd |
CY2021Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
322811 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
2049650 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
707073 | usd | |
CY2022Q3 | us-gaap |
Gross Profit
GrossProfit
|
-65962 | usd |
CY2021Q3 | us-gaap |
Gross Profit
GrossProfit
|
223810 | usd |
us-gaap |
Gross Profit
GrossProfit
|
434436 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
343692 | usd | |
CY2022Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2400182 | usd |
CY2021Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1294818 | usd |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9155448 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2972532 | usd | |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
105679 | usd |
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
460038 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2705901 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5466452 | usd | |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2571823 | usd |
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1531046 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11426913 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8095292 | usd | |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
11783 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
21740 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
657 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2560040 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1531046 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11405173 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8094635 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12732244 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9113254 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12524132 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8375766 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12732244 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9113254 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12524132 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8375766 | shares | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.2 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | |
CY2022Q3 | us-gaap |
Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
|
14077 | usd |
CY2021Q4 | us-gaap |
Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
|
21413 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
3930646 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
159060 | usd |
us-gaap |
Marketing Expense
MarketingExpense
|
313000 | usd | |
CY2021 | us-gaap |
Marketing Expense
MarketingExpense
|
313000 | usd |
vine |
Prepaid Marketing Expenses Longterm
PrepaidMarketingExpensesLongterm
|
756417 | usd | |
CY2021 | vine |
Prepaid Marketing Expenses Longterm
PrepaidMarketingExpensesLongterm
|
991167 | usd |
CY2022Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
199194 | usd |
CY2021 | vine |
Prepaidlicenseandfees
Prepaidlicenseandfees
|
3395 | usd |
CY2022Q3 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
661153 | usd |
CY2021Q4 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
758280 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
116413 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
76312 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2046177 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2142154 | usd |
CY2022Q3 | vine |
Sponsorship Agreements
SponsorshipAgreements
|
156839 | usd |
CY2021Q4 | vine |
Sponsorship Agreements
SponsorshipAgreements
|
80000 | usd |
CY2022Q3 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
142841 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
93303 | usd |
CY2022Q3 | vine |
Accrued Credit Card Charges
AccruedCreditCardCharges
|
85328 | usd |
CY2021Q4 | vine |
Accrued Credit Card Charges
AccruedCreditCardCharges
|
39563 | usd |
CY2022Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
385008 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
212866 | usd |
CY2021Q3 | vine |
Total Expense Relating To Sponsorship Agreements
TotalExpenseRelatingToSponsorshipAgreements
|
-142000 | usd |
vine |
Total Expense Relating To Sponsorship Agreements
TotalExpenseRelatingToSponsorshipAgreements
|
224000 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
316000 | usd | |
CY2021Q1 | vine |
Percentage Of Pay Off A Member Loan
PercentageOfPayOffAMemberLoan
|
0.50 | pure |
CY2021Q1 | vine |
Percentage Of Proportion Interests
PercentageOfProportionInterests
|
0.50 | pure |
vine |
Percentage Of Vest
PercentageOfVest
|
0.25 | pure | |
vine |
Percentage Of Vest Additional Three Year Period
PercentageOfVestAdditionalThreeYearPeriod
|
0.75 | pure | |
CY2021Q4 | us-gaap |
Derivative Forward Exchange Rate1
DerivativeForwardExchangeRate1
|
6.1934 | pure |
CY2021Q4 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1 | shares |
CY2021Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
1614615 | shares |
CY2021Q4 | us-gaap |
Excess Stock Shares Outstanding
ExcessStockSharesOutstanding
|
1614615 | shares |
CY2021Q4 | us-gaap |
Shares Outstanding
SharesOutstanding
|
10000013 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
25000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
12200013 | shares |
CY2021Q1 | vine |
Estimated Value
EstimatedValue
|
701500 | usd |
CY2022Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
0 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
0 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
4902802 | usd | |
vine |
Unrecognized Equitybased Compensation Expense
UnrecognizedEquitybasedCompensationExpense
|
1069417 | usd | |
CY2022Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
78250 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
313000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
313000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
313000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
52167 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
1069417 | usd |
CY2021Q4 | vine |
Warrants Purchase Shares
WarrantsPurchaseShares
|
110000 | shares |
CY2021Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
12 | |
CY2021Q4 | vine |
Warrants Vest Year
WarrantsVestYear
|
P1Y | |
CY2021Q4 | vine |
Exercisable Vest Years
ExercisableVestYears
|
P4Y | |
CY2022Q1 | us-gaap |
Cash
Cash
|
175000 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
260000 | usd | |
CY2021Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
150000 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
350000 | usd | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
377777 | shares |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P0Y5M12D | ||
vine |
Number Of Shares Of Restricted Stock Forfeited
NumberOfSharesOfRestrictedStockForfeited
|
-66666 | shares | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6666 | shares |
vine |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerm
|
P1Y2M1D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
117800 | shares | |
vine |
Weighted Average Remaining Contractual Term Years Granted
WeightedAverageRemainingContractualTermYearsGranted
|
P0Y3M29D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
495577 | shares | |
vine |
Number Of Shares Of Restricted Stock Granted
NumberOfSharesOfRestrictedStockGranted
|
110000 | shares | |
vine |
Weighted Average Remaining Contractual Term Year Granted
WeightedAverageRemainingContractualTermYearGranted
|
P1Y | ||
CY2022Q3 | vine |
Operating Leases Future Minimum Payment Due Current
OperatingLeasesFutureMinimumPaymentDueCurrent
|
120000 | usd |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P10Y | |
CY2022Q3 | vine |
Description Of Employment Transition And Consulting Agreement
DescriptionOfEmploymentTransitionAndConsultingAgreement
|
Effective September 1, 2022, the Company entered into an Employment Transition and Consulting Agreement with the previous interim Chief Financial Officer. Pursuant to the Transition Agreement and Consulting Agreement, the Company granted a stock option to purchase 69,892 shares of the Company’s common stock at a per share exercise price equal to $3.04 (the fair market value of the Company’s common stock on the date of grant). The stock option will vest with respect to 3,584 shares on the last calendar day of September, October and November of 2022, and the balance of the stock option will vest in monthly installments as nearly equal as possible (approximately 6,571 shares each) on the last calendar day of each month from December 2022 through August 2023. | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.75 | pure | |
vine |
Purchases Finished Goods
PurchasesFinishedGoods
|
0.20 | pure | |
vine |
Inventory Purchases Percentage
InventoryPurchasesPercentage
|
0.30 | pure | |
CY2021Q3 | vine |
Inventory Purchases Percentage
InventoryPurchasesPercentage
|
0.30 | pure |
vine |
Inventory Purchases Percentage
InventoryPurchasesPercentage
|
0.30 | pure | |
vine |
Number Of Customers Operates In Several Markets
NumberOfCustomersOperatesInSeveralMarkets
|
2 | pure | |
vine |
Percentage Of Wholesale Revenue
PercentageOfWholesaleRevenue
|
0.09 | pure | |
CY2022Q3 | vine |
Percentage Of Wholesale Revenue
PercentageOfWholesaleRevenue
|
0.70 | pure |
CY2021Q1 | us-gaap |
Impairment Of Ongoing Project
ImpairmentOfOngoingProject
|
300000 | usd |
CY2021Q4 | vine |
Investor Options To Terminate Agreements
InvestorOptionsToTerminateAgreements
|
5000000 | usd |
CY2022Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
120000 | usd |
CY2022Q3 | vine |
Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
|
480000 | usd |
CY2022Q3 | vine |
Operating Leases Future Minimum Payment Due In Three Years
OperatingLeasesFutureMinimumPaymentDueInThreeYears
|
480000 | usd |
CY2022Q3 | vine |
Operating Leases Future Minimum Payment Due In Four Years
OperatingLeasesFutureMinimumPaymentDueInFourYears
|
480000 | usd |
CY2022Q3 | vine |
Operating Leases Future Minimum Payment Due In Five Years
OperatingLeasesFutureMinimumPaymentDueInFiveYears
|
80000 | usd |
CY2022Q3 | vine |
Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
|
1640000 | usd |
CY2022Q3 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
0 | usd |
CY2021Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
146314 | usd |
CY2022Q3 | us-gaap |
Secured Borrowings Gross Difference Amount
SecuredBorrowingsGrossDifferenceAmount
|
0 | usd |
CY2021Q4 | us-gaap |
Secured Borrowings Gross Difference Amount
SecuredBorrowingsGrossDifferenceAmount
|
171069 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
2218 | usd |
us-gaap |
Interest Expense
InterestExpense
|
19680 | usd | |
CY2022Q1 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
9125 | usd |
CY2021Q4 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
50000 | usd |
CY2022Q3 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
0 | usd |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
297224 | usd | |
vine |
Purchase Of Wine Inventory
PurchaseOfWineInventory
|
195000 | usd | |
CY2022Q3 | vine |
Total Sales
TotalSales
|
15185 | usd |
vine |
Total Sales
TotalSales
|
15185 | usd | |
CY2022Q1 | vine |
Consulting Agreement Description
ConsultingAgreementDescription
|
In January 2022, the Company entered into a consulting agreement with FELCS, LLC, an entity owned by Damian Novak to provide consulting and advisory services to the Company in exchange for $25,000 per month. | |
CY2022Q3 | vine |
Total Expense
TotalExpense
|
75000 | usd |
vine |
Total Expense
TotalExpense
|
225000 | usd | |
CY2022Q3 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
111545 | usd |
CY2021Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
200272 | usd |
CY2022Q3 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
207640 | usd |
CY2021Q4 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
376000 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Related Parties Noncurrent
AccountsReceivableRelatedPartiesNoncurrent
|
usd | |
CY2022Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
usd | |
CY2022Q3 | vine |
Secured Borrowings
SecuredBorrowings
|
usd | |
CY2022Q3 | vine |
Promissory Note Related Party
PromissoryNoteRelatedParty
|
usd | |
CY2022Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
usd | |
CY2022Q3 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
usd | |
CY2021Q3 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
usd | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
usd | ||
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
usd | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
usd | ||
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
usd | ||
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
usd | ||
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
usd | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
usd | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
usd | ||
vine |
Payments Of Issuance Outstanding Secured Borrowings
PaymentsOfIssuanceOutstandingSecuredBorrowings
|
usd | ||
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
usd | ||
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
usd | ||
us-gaap |
Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
|
usd | ||
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
usd | ||
vine |
Issuance Of Units For Prepaid Marketing Services
IssuanceOfUnitsForPrepaidMarketingServices
|
usd | ||
CY2022Q3 | vine |
Dilutive Effect From Shares Authorized
DilutiveEffectFromSharesAuthorized
|
shares | |
CY2021Q3 | vine |
Dilutive Effect From Shares Authorized
DilutiveEffectFromSharesAuthorized
|
shares | |
vine |
Dilutive Effect From Shares Authorized
DilutiveEffectFromSharesAuthorized
|
shares | ||
vine |
Dilutive Effect From Shares Authorized
DilutiveEffectFromSharesAuthorized
|
shares | ||
CY2021Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
usd | |
vine |
Prepaidlicenseandfees
Prepaidlicenseandfees
|
usd | ||
vine |
Weighted Average Remaining Contractual Term Years Vested Or Released
WeightedAverageRemainingContractualTermYearsVestedOrReleased
|
|||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
shares | ||
vine |
Weighted Average Remaining Contractual Term Years Forfeited
WeightedAverageRemainingContractualTermYearsForfeited
|
|||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
shares | |
vine |
Weighted Average Remaining Outstanding Ending Balance
WeightedAverageRemainingOutstandingEndingBalance
|
|||
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
|||
vine |
Weighted Average Remaining Contractual Term Years Vested Or Released
WeightedAverageRemainingContractualTermYearsVestedOrReleased
|
|||
vine |
Weighted Average Remaining Contractual Term Years Forfeited
WeightedAverageRemainingContractualTermYearsForfeited
|
|||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001880343 |