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Other Assets
9 Months Ended
Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

9. Other Assets

 

Other assets consisted of the following:

 

(Dollars in thousands)  September 30, 2021   December 31, 2020 
Product branding  $400   $400 
Deposits   54    57 
Total other assets   454    457 
Less accumulated amortization   (215)   (172)
Other assets, net  $239   $285 

 

 

Eastside Distilling, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

September 30, 2021

(Unaudited) 

 

As of September 30, 2021, the Company had $0.4 million of capitalized costs related to services provided for the rebranding of its existing product line. This amount is being amortized over a seven-year life.

 

Amortization expense totaled $0 million and $0.1 million for the nine months ended September 30, 2021 and 2020, respectively.

 

The deposits represent office lease deposits.