Subsequent Events

3 Months Ended

Mar. 31, 2020

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

We began seeing the impact of the global COVID-19 pandemic on our business in early March 2020, and such impacts have continued into April. The primary impacts of the pandemic have been significantly reduced demand from the on-premise channel and the closure of our brewpubs on-premise business. We expect COVID-19 related impacts to continue as the situation remains dynamic and subject to rapid and possibly material changes. Additional impacts, including but not limited to, the ability to maintain compliance with our financial bank covenants as described in the liquidity and capital resources in Part I, Item 2."Management's Discussion and Analysis of Financial Condition and Results of Operations," may arise of which we are not currently aware. The nature and extent of such impacts will depend on future developments, which are highly uncertain and cannot be predicted.

As a result of the unexpected shutdown of bars and restaurants due to COVID-19, we are actively working with our retail and wholesale partners to come to an agreement on how best to handle the kegs currently in the market that may go out of date before they can be used. We are not able to make a reasonable estimate of the impact of this situation at the time of our filing so no accrual has been recorded.