Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Discontinued Retail Operations

Income and expense related to discontinued retail operations and the Redneck Riviera Spirits business were as follows for the years ended December 31, 2020 and 2019:

(Dollars in thousands)	2020			2019
Sales	$	2,195		$	4,829
Less customer programs and excise taxes		432			858
Net sales		1,763			3,971
Cost of sales		1,142			2,572
Gross profit		621			1,399
Operating expenses:
Sales and marketing expenses		578			4,264
General and administrative expenses		180			748
Loss on disposal of property and equipment		76			148
Total operating expenses		834			5,160
Loss from operations		(213	)		(3,761	)
Other expense, net
Interest expense		-			(16	)
Total other expense, net		-			(16	)
Net loss	$	(213	)	$	(3,777	)

Assets and liabilities related to discontinued retail operations and the Redneck Riviera Spirits business were as follows as of December 31, 2020 and 2019:

(Dollars in thousands)	2020			2019
Assets
Current assets:
Cash	$	-		$	1
Trade receivables		-			2
Inventories		3,833			5,253
Prepaid expenses and current assets		-			10
Total current assets		3,833			5,266
Property and equipment, net		-			86
Right-of-use assets		96			165
Other assets		93			112
Total Assets	$	4,022		$	5,629
Liabilities
Current liabilities:
Accounts payable	$	(13	)	$	616
Accrued liabilities		-			37
Deferred revenue		-			2
Current portion of lease liability		31			60
Total current liabilities		18			715
Lease liability - less current portion		71			113
Total Liabilities	$	89		$	828