2023 Q4 Form 10-Q Financial Statement
#000121390023086922 Filed on November 14, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
Revenue | $239.5K | $848.0K | $375.9K |
YoY Change | -36.29% | 58.32% | -42.12% |
Cost Of Revenue | $780.6K | $889.8K | $501.4K |
YoY Change | 55.7% | 47.93% | 17.09% |
Gross Profit | -$541.2K | -$41.89K | -$125.4K |
YoY Change | 331.4% | -36.5% | -156.7% |
Gross Profit Margin | -225.97% | -4.94% | -33.37% |
Selling, General & Admin | $1.511M | $1.141M | $3.682M |
YoY Change | -58.96% | -52.45% | 75.94% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
% of Gross Profit | |||
Operating Expenses | $1.511M | $1.141M | $3.682M |
YoY Change | -58.96% | -52.45% | 75.94% |
Operating Profit | -$2.052M | -$2.130M | -$3.807M |
YoY Change | -46.09% | -17.19% | 103.45% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $89.33K | $9.690K |
YoY Change | -100.0% | 658.15% | 3776.0% |
Pretax Income | -$2.052M | -$2.130M | -$3.797M |
YoY Change | -45.96% | -16.81% | 102.96% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.094M | -$2.130M | -$3.797M |
YoY Change | -44.85% | -16.81% | 102.96% |
Net Earnings / Revenue | -874.44% | -251.15% | -1010.14% |
Basic Earnings Per Share | -$0.13 | ||
Diluted Earnings Per Share | -$0.13 | -$0.13 | -$0.30 |
COMMON SHARES | |||
Basic Shares Outstanding | 15.98M shares | 15.98M shares | 12.73M shares |
Diluted Shares Outstanding | 15.98M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $236.3K | $760.0K | $2.080M |
YoY Change | -88.64% | -77.75% | -87.05% |
Cash & Equivalents | $236.0K | $759.9K | $2.080M |
Short-Term Investments | |||
Other Short-Term Assets | $142.9K | $673.9K | $1.030M |
YoY Change | -86.12% | 7.21% | 162.15% |
Inventory | $337.9K | $742.4K | $3.696M |
Prepaid Expenses | $9.871K | $313.0K | |
Receivables | $172.1K | $430.9K | $259.3K |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $889.3K | $2.607M | $7.908M |
YoY Change | -88.75% | -71.55% | -56.69% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | $0.00 | ||
YoY Change | -100.0% | ||
Long-Term Investments | $500.0K | ||
YoY Change | |||
Other Assets | $0.00 | $0.00 | $678.2K |
YoY Change | -100.0% | -100.0% | -31.58% |
Total Long-Term Assets | $500.0K | $0.00 | $678.2K |
YoY Change | -26.27% | -100.0% | -31.85% |
TOTAL ASSETS | |||
Total Short-Term Assets | $889.3K | $2.607M | $7.908M |
Total Long-Term Assets | $500.0K | $0.00 | $678.2K |
Total Assets | $1.389M | $2.607M | $8.586M |
YoY Change | -83.82% | -73.99% | -55.4% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $509.3K | $554.7K | $589.2K |
YoY Change | -13.56% | 14.21% | 41.39% |
Accrued Expenses | $810.7K | $665.6K | $422.9K |
YoY Change | 91.69% | 72.87% | 98.68% |
Deferred Revenue | $3.407K | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.219M | $1.532M | $2.973M |
YoY Change | -25.36% | -18.58% | 36.56% |
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 | $2.219M | $1.532M | $2.973M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.219M | $1.532M | $2.973M |
YoY Change | -25.36% | -18.58% | 36.56% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$26.50M | -$24.40M | -$15.82M |
YoY Change | 67.51% | 102.94% | 2462.54% |
Common Stock | $15.98K | $15.98K | $12.73K |
YoY Change | 25.48% | 25.48% | 4.36% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$829.5K | $1.076M | $5.614M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.389M | $2.607M | $8.586M |
YoY Change | -83.82% | -73.99% | -55.4% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.094M | -$2.130M | -$3.797M |
YoY Change | -44.85% | -16.81% | 102.96% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Operating Activities | -$223.6K | -$366.8K | -$1.267M |
YoY Change | -82.35% | -79.77% | -66.47% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$500.0K | ||
YoY Change | |||
Cash From Investing Activities | -$500.0K | $0.00 | |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 200.0K | 750.0K | -68.29K |
YoY Change | -392.87% | -100.35% | |
NET CHANGE | |||
Cash From Operating Activities | -223.6K | -366.8K | -1.267M |
Cash From Investing Activities | -500.0K | 0.000 | |
Cash From Financing Activities | 200.0K | 750.0K | -68.29K |
Net Change In Cash | -523.6K | 383.2K | -1.335M |
YoY Change | -60.78% | -121.13% | -108.43% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$223.6K | -$366.8K | -$1.267M |
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$1.267M | ||
YoY Change | -66.47% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-41147 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Fresh Vine Wine, Inc. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
87-3905007 | ||
dei |
City Area Code
CityAreaCode
|
(855) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
766-9463 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
11500 Wayzata Blvd | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
# 1147 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Minnetonka | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MN | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
55305 | ||
dei |
Security12b Title
Security12bTitle
|
Common stock, $0.001 par value | ||
dei |
Trading Symbol
TradingSymbol
|
VINE | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NYSEAMER | ||
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Entity Current Reporting Status
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|
Yes | ||
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Entity Interactive Data Current
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Yes | ||
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Non-accelerated Filer | ||
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true | ||
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NetIncomeLoss
|
-4422297 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2359063 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
750000 | usd |
CY2023Q3 | vine |
Preferred Stock Series A
PreferredStockSeriesA
|
12 | |
CY2023Q3 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
15600 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
111748 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2129660 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1075551 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8562781 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11405173 | usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
3990 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1734765 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2705904 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1732500 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
37733 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
171594 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
215228 | usd | |
us-gaap |
Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
|
-804907 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
-51984 | usd | |
vine |
Increase Decreasein Receivables With Recourse
increaseDecreaseinReceivablesWithRecourse
|
-146314 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-269450 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1221304 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3771586 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-74272 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
138773 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-34492 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
68999 | usd | |
vine |
Increase Decrease In Accrued Compensation
IncreaseDecreaseInAccruedCompensation
|
-420413 | usd | |
vine |
Increase Decrease In Accrued Compensation
IncreaseDecreaseInAccruedCompensation
|
139186 | usd | |
vine |
Increase Decreasein Accrued Expenses Settlement
IncreaseDecreaseinAccruedExpensesSettlement
|
-1250000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
227036 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
172142 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
29333 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-204617 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-7973 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4579 | usd | |
us-gaap |
Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
|
-88727 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4585403 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12261556 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
216000 | usd | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-171069 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
750000 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
2615014 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3365014 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-387069 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1220389 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-12648625 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2080335 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16063941 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
859946 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3415316 | usd |
us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
15600 | usd | |
CY2023Q3 | us-gaap |
Cash
Cash
|
100000 | usd |
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; text-align: justify">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, inventory allowances, equity-based compensation for employees and non-employees, and the valuation of deferred tax assets.</p> | ||
CY2023Q3 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
4000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
2400000 | usd |
CY2023Q3 | us-gaap |
Retained Earnings Appropriated
RetainedEarningsAppropriated
|
24400000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4600000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12300000 | usd | |
CY2023Q3 | vine |
Working Capital
WorkingCapital
|
1100000 | usd |
CY2023Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
760000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
100000 | usd |
us-gaap |
Amount Of Regulatory Assistance Received1
AmountOfRegulatoryAssistanceReceived1
|
800000 | usd | |
CY2023Q3 | us-gaap |
Preferred Units Offering Costs
PreferredUnitsOfferingCosts
|
1000000 | usd |
CY2023Q3 | vine |
Revenue Percentage
RevenuePercentage
|
1 | pure |
CY2022Q3 | vine |
Revenue Percentage
RevenuePercentage
|
1 | pure |
vine |
Revenue Percentage
RevenuePercentage
|
1 | pure | |
vine |
Revenue Percentage
RevenuePercentage
|
1 | pure | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2129660 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2560040 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8562781 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11405173 | usd | |
CY2023Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
15600 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
15600 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2145260 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2560040 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8578381 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11405173 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15976227 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12732244 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15085911 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12524132 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15976227 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12732244 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15085911 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12524132 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.2 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.57 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.91 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.2 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.57 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.91 | ||
us-gaap |
Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
|
5905528 | shares | |
us-gaap |
Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
|
1691562 | shares | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1700000 | usd | |
CY2023Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
209000 | usd |
CY2023Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
742394 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
3683159 | usd |
CY2022Q4 | us-gaap |
Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
|
13039 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
742394 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
3696198 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
313000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
678167 | usd |
CY2023Q3 | vine |
Inventory Deposits
InventoryDeposits
|
293824 | usd |
CY2022Q4 | vine |
Inventory Deposits
InventoryDeposits
|
569377 | usd |
CY2023Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
196959 | usd |
CY2023Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
83156 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
78834 | usd |
CY2023Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
573939 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
1639378 | usd |
CY2023Q3 | vine |
Sponsorship Agreement
SponsorshipAgreement
|
499488 | usd |
CY2022Q4 | vine |
Sponsorship Agreement
SponsorshipAgreement
|
234494 | usd |
CY2023Q3 | vine |
Accrued Credit Card Charge
AccruedCreditCardCharge
|
2774 | usd |
CY2022Q4 | vine |
Accrued Credit Card Charge
AccruedCreditCardCharge
|
21013 | usd |
CY2023Q3 | vine |
General Trade Payable Accrual
GeneralTradePayableAccrual
|
136869 | usd |
CY2022Q4 | vine |
General Trade Payable Accrual
GeneralTradePayableAccrual
|
107424 | usd |
vine |
Preferred Cumulative Dividends
PreferredCumulativeDividends
|
15600 | usd | |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
10836 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
60000 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
665567 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
422931 | usd |
CY2023Q3 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
88331 | usd |
us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
264993 | usd | |
CY2022Q3 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
142000 | usd |
us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
224000 | usd | |
CY2023Q1 | us-gaap |
Temporary Equity Shares Subscribed But Unissued
TemporaryEquitySharesSubscribedButUnissued
|
6366129 | shares |
CY2023Q1 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.25 | |
CY2023Q1 | us-gaap |
Financial Instrument Subject To Mandatory Redemption Par Value Per Share
FinancialInstrumentSubjectToMandatoryRedemptionParValuePerShare
|
0.5 | |
CY2023Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1 | |
CY2023Q1 | us-gaap |
Demutualization By Insurance Entity Securities Issued Gross Cash Proceeds
DemutualizationByInsuranceEntitySecuritiesIssuedGrossCashProceeds
|
3140000 | usd |
us-gaap |
Proceeds From Fees Received
ProceedsFromFeesReceived
|
2600000 | usd | |
us-gaap |
Sale Leaseback Transaction Gross Proceeds Investing Activities
SaleLeasebackTransactionGrossProceedsInvestingActivities
|
3930000 | usd | |
CY2023Q3 | vine |
Aggregate Share Purchase
AggregateSharePurchase
|
10000 | shares |
CY2023Q3 | us-gaap |
Shares Issued
SharesIssued
|
4000 | shares |
CY2023Q3 | vine |
Aggregate Purchase Price
AggregatePurchasePrice
|
400000 | usd |
CY2023Q3 | us-gaap |
Shares Issued
SharesIssued
|
4000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
0.05 | |
vine |
Common Stock Outstanding Percentage
CommonStockOutstandingPercentage
|
0.199 | pure | |
vine |
Capital Or Surplus Of Percentage
CapitalOrSurplusOfPercentage
|
1.50 | pure | |
vine |
Stock Issued And Outstanding
StockIssuedAndOutstanding
|
0.50 | pure | |
vine |
Per Share Percentage
PerSharePercentage
|
2 | pure | |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.12 | pure | |
us-gaap |
Investment Company Purchase Premium Per Share
InvestmentCompanyPurchasePremiumPerShare
|
0.47 | ||
us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
15600 | usd | |
us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
15600 | usd | |
CY2023Q2 | vine |
Equity Based Compensation Expense
EquityBasedCompensationExpense
|
834668 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
|
834668 | shares | |
us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
0 | usd | |
us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
0 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.75 | pure | |
CY2023Q3 | vine |
Accrued Compensation
AccruedCompensation
|
usd | |
vine |
Purchases Finished Goods
PurchasesFinishedGoods
|
0.20 | pure | |
CY2023Q3 | vine |
Percentage Of Wholesale Revenue
PercentageOfWholesaleRevenue
|
0.96 | pure |
vine |
Percentage Of Wholesale Revenue
PercentageOfWholesaleRevenue
|
0.87 | pure | |
CY2022Q3 | vine |
Percentage Of Wholesale Revenue
PercentageOfWholesaleRevenue
|
0.68 | pure |
vine |
Percentage Of Wholesale Revenue
PercentageOfWholesaleRevenue
|
0.70 | pure | |
CY2023Q3 | vine |
Percentage Of Customers Accounted
PercentageOfCustomersAccounted
|
0.91 | pure |
CY2022Q4 | vine |
Percentage Of Customers Accounted
PercentageOfCustomersAccounted
|
0.90 | pure |
vine |
Investor Options To Terminate Agreements
InvestorOptionsToTerminateAgreements
|
2000000 | usd | |
CY2023Q3 | us-gaap |
Other Expenses
OtherExpenses
|
89333 | usd |
us-gaap |
Other Expenses
OtherExpenses
|
329333 | usd | |
CY2022Q3 | us-gaap |
Other Expenses
OtherExpenses
|
120000 | usd |
us-gaap |
Other Expenses
OtherExpenses
|
260000 | usd | |
us-gaap |
Legal Fees
LegalFees
|
1250000 | usd | |
us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
805000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
400000 | usd | |
CY2023Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
250000 | shares |
CY2023Q3 | us-gaap |
Shares Issued
SharesIssued
|
500000 | shares |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
usd | |
CY2023Q3 | vine |
Due From Employees Current01
DueFromEmployeesCurrent01
|
usd | |
CY2023Q3 | vine |
Insurance Recovery Receivable
InsuranceRecoveryReceivable
|
usd | |
CY2023Q3 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
usd | |
CY2023Q3 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
usd | |
CY2023Q3 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
usd | ||
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
usd | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
usd | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
usd | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | ||
us-gaap |
Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
|
usd | ||
us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
usd | ||
vine |
Increase Decreasein Receivables With Recourse
increaseDecreaseinReceivablesWithRecourse
|
usd | ||
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
usd | ||
vine |
Increase Decreasein Accrued Expenses Settlement
IncreaseDecreaseinAccruedExpensesSettlement
|
usd | ||
us-gaap |
Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
|
usd | ||
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
usd | ||
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
usd | ||
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
usd | ||
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
usd | ||
us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
usd | ||
CY2022Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
usd | ||
CY2023Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | ||
CY2023Q3 | us-gaap |
Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
|
usd | |
CY2023Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
usd | |
CY2023Q3 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
usd | |
CY2022 | vine |
Preferred Cumulative Dividends
PreferredCumulativeDividends
|
usd | |
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 |