XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 768,711 $ 10,642,877
Trade receivables 2,214,539 1,064,078
Inventories 11,907,810 11,017,459
Prepaid expenses and current assets 685,696 765,146
Total current assets 15,576,756 23,489,560
Property and equipment, net 5,647,018 1,758,130
Right-of-use assets 1,041,328
Intangible assets, net 2,949,083 285,676
Goodwill 28,182 28,182
Other assets, net 1,003,506 796,260
Total Assets 26,245,873 26,357,808
Current liabilities:    
Accounts payable 1,840,258 1,984,690
Accrued liabilities 545,950 386,166
Deferred revenue 17,915 1,728
Current portion of lease liabilities 624,564
Current portion of notes payable 308,139
Total current liabilities 3,336,826 2,372,584
Lease liability - less current portion 589,806
Secured trade credit facility, net of debt issuance costs 2,947,836 2,934,106
Notes payable - less current portion and debt discount 3,838,447 2,300,000
Total liabilities 10,712,915 7,606,690
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.0001 par value; 15,000,000 shares authorized; 9,167,352 and 8,764,085 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 917 876
Additional paid-in capital 48,749,950 45,888,872
Accumulated deficit (33,217,909) (27,138,630)
Total Eastside Distilling, Inc. Stockholders' Equity 15,532,958 18,751,118
Total Liabilities and Stockholders' Equity $ 26,245,873 $ 26,357,808