Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

The Company’s principal area of operation is in the U.S. and has one spirit’s customer that represents 20% of its revenue. Segment information is as follows:

(Dollars in thousands)	2021			2020
Spirits
Sales	$	5,672		$	6,046
Net sales		5,176			5,274
Cost of sales		3,743			4,339
Gross profit		1,433			935
Total operating expenses		5,634			8,063
Net income (loss)		155			(8,719	)
EBITDA		1,698			(6,309	)
Gross margin		28	%		18	%
Interest revenue	$	-		$	34
Interest expense		1,203			1,003
Depreciation and amortization		340			1,407
Income tax expense		-			-
Significant noncash items:
Loss on disposal of property and equipment		298			54
Forgiveness of debt - Paycheck Protection Program (“PPP”)		(1,052	)		-
Remeasurement of deferred consideration		(750	)		-
Gain on disposal of offsite inventory		(1,047	)		-
Stock compensation		311			770
Craft C+B
Sales	$	7,218		$	8,736
Net sales		7,218			8,734
Cost of sales		5,741			6,046
Gross profit		1,477			2,688
Total operating expenses		4,176			3,746
Net loss		(2,351	)		(1,141	)
EBITDA		(1,403	)		(176	)
Gross margin		20	%		31	%
Interest revenue	$	-		$	-
Interest expense		50			86
Depreciation and amortization		898			879
Income tax expense		-			-
Significant noncash items:
(Gain) loss on disposal of property and equipment		121			(420	)
Forgiveness of debt - PPP		(396	)		-
Stock compensation		311			770