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Other Assets
3 Months Ended
Mar. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

9. Other Assets

 

Other assets consisted of the following:

 

(Dollars in thousands)  March 31,
2023
   December 31,
2022
 
Product branding  $400   $400 
Deposits   256    256 
Total other assets   656    656 
Less accumulated amortization   (302)   (287)
Other assets, net  $354   $369 

 

 

Eastside Distilling, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

March 31, 2023

(Unaudited)

 

As of March 31, 2023, 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 $14,286 for both the three months ended March 31, 2023 and 2022.

 

The deposits represent office lease deposits.