Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [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, 2021 and 2020:

(Dollars in thousands)	2021		2020
Sales	$	283	$	2,195
Less customer programs and excise taxes		30		432
Net sales		253		1,763
Cost of sales		168		1,142
Gross profit		85		621
Operating expenses:
Sales and marketing expenses		22		578
General and administrative expenses		35		180
Loss on disposal of property and equipment		-		76
Total operating expenses		57		834
Income (loss) from operations		28		(213	)
Other income
Other income		980		-
Gain on termination of license agreement		2,850		-
Total other income, net		3,830		-
Net income (loss)	$	3,858	$	(213	)

Assets and liabilities related to discontinued retail operations and the Redneck Riviera Spirits business were as follows:

(Dollars in thousands)	2021		2020
Assets
Current assets:
Inventories	$	-	$	3,833
Total current assets		-		3,833
Right-of-use assets		-		96
Other assets		-		93
Total Assets	$	-	$	4,022
Liabilities
Current liabilities:
Accounts payable	$	-	$	(13	)
Current portion of lease liability		-		31
Total current liabilities		-		18
Lease liability - less current portion		-		71
Total Liabilities	$	-	$	89