XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 2,352,658 $ 2,586,315
Trade receivables 580,978 315,321
Inventories 7,891,154 4,051,282
Prepaid expenses and current assets 637,298 649,749
Total current assets 11,462,088 7,602,667
Property and equipment, net 1,312,043 728,506
Intangible assets, net 310,778 325,668
Goodwill 28,182 28,182
Other assets, net 407,571 343,942
Total Assets 13,520,662 9,028,965
Current liabilities:    
Accounts payable 720,583 1,267,189
Accrued liabilities 334,663 156,163
Deferred revenue 986 1,579
Current portion of notes payable 437,539 293,726
Total current liabilities 1,493,771 1,718,657
Secured credit facility, net of debt issuance costs 1,957,432
Notes payable - less current portion and debt discount 5,205,693 2,161,760
Total liabilities 8,656,896 3,880,417
Commitments and contingencies (Note 11)
Stockholders' (deficit) equity:    
Series A convertible preferred stock, $0.0001 par value; 3,000 shares authorized; 0 shares issued and outstanding at June 30, 2018 and December 31, 2017
Common stock, $0.0001 par value; 15,000,000 shares authorized; 5,225,775 and 4,889,745 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 522 489
Additional paid-in capital 25,865,248 23,223,435
Common stock payable 298,522
Accumulated deficit (21,316,007) (18,090,961)
Total Eastside Distilling, Inc. Stockholders' (Deficit) Equity 4,848,285 5,132,963
Noncontrolling interests 15,481 15,585
Total Stockholders' Equity 4,863,766 5,148,548
Total Liabilities and Stockholders' (Deficit) Equity $ 13,520,662 $ 9,028,965