10-Q Filing

Beeline Holdings, Inc. CIK: 1534708 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001615774-15-002247`
Period End Date	20150630
Filing Date	20150814
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	esdi-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 52 Cash Flow Statement 50

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$1.08M	USD	Point-in-time
Cash	`Cash`	$139.38K	USD	Point-in-time
Cash	`Cash`	$145.95K	USD	Point-in-time
Cash	`Cash`	$29.78K	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$67.00K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$138.04K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$377.02K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$849.97K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$234.79K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$174.15K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.30M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.77M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	45.55M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$81.21K	USD	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$85.52K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	45.55M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$107.50K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$193.75K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.51M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.51M	shares	Point-in-time
Total Assets	`Assets`	$2.05M	USD	Point-in-time
Total Assets	`Assets`	$1.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$914.25K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$206.63K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$184.54K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$72.61K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$5.47K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$8.28K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$3.89K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$3.56K	USD	Point-in-time
Convertible note payable	`ConvertibleNotesPayableCurrent`	$150.00K	USD	Point-in-time
Convertible note payable	`ConvertibleNotesPayableCurrent`	$150.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$441.07K	USD	Point-in-time
Notes payable - less current portion	`LongTermNotesPayable`	$20.54K	USD	Point-in-time
Notes payable - less current portion	`LongTermNotesPayable`	$23.27K	USD	Point-in-time
Total liabilities	`Liabilities`	$464.35K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no shares issued and outstanding at June 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 45,550,000 and 45,512,500 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$4.55K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 45,550,000 and 45,512,500 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$4.55K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.69M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$212.03K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.49M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.05M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$439.97K	USD	2 Qtrs
Sales	`Revenues`	$257.62K	USD	1 Quarter
Sales	`Revenues`	$852.50K	USD	2 Qtrs
Sales	`Revenues`	$427.59K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$123.18K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$49.78K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$85.02K	USD	2 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$223.02K	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$304.41K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$354.95K	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$629.48K	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$207.84K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$157.65K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$127.10K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$32.16K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$350.83K	USD	2 Qtrs
Gross profit	`GrossProfit`	$227.85K	USD	2 Qtrs
Gross profit	`GrossProfit`	$278.65K	USD	2 Qtrs
Gross profit	`GrossProfit`	$175.68K	USD	1 Quarter
Gross profit	`GrossProfit`	$146.76K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$832.04K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$165.44K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$242.50K	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.84M	USD	2 Qtrs
Income (loss) from operations	`IncomeLossFromContinuingOperations`	$10.23K	USD	1 Quarter
Income (loss) from operations	`IncomeLossFromContinuingOperations`	$-685.28K	USD	1 Quarter
Income (loss) from operations	`IncomeLossFromContinuingOperations`	$-1.57M	USD	2 Qtrs
Income (loss) from operations	`IncomeLossFromContinuingOperations`	$-14.65K	USD	2 Qtrs
Other income (expense) - net	`OtherNonoperatingIncomeExpense`	$46.15K	USD	2 Qtrs
Other income (expense) - net	`OtherNonoperatingIncomeExpense`	$-464.00	USD	1 Quarter
Other income (expense) - net	`OtherNonoperatingIncomeExpense`	$-2.78K	USD	1 Quarter
Other income (expense) - net	`OtherNonoperatingIncomeExpense`	$-858.00	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$9.77K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-688.06K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.52M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-15.51K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.77K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-15.51K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-688.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.52M	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	1 Quarter
Basic and diluted net income (loss) per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	2 Qtrs
Basic and diluted net income (loss) per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.53M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.00M	shares	2 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.00M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.55M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$9.77K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.51K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-688.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.52M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.01K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.06K	USD	2 Qtrs
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$65.62K	USD	2 Qtrs
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$83.38K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	-	USD	2 Qtrs
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	$52.89K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-5.85K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-70.94K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$65.36K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$472.95K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-25.61K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.65K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$746.88K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$122.80K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$3.88K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$58.00	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-12.77K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-50.19K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-920.62K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.23K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.32K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.23K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-13.32K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$169.98K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$2.40K	USD	2 Qtrs
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$5.45K	USD	2 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	-	USD	2 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	$1.52K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$163.01K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.40K	USD	2 Qtrs
Net (decrease) increase in cash	`CashPeriodIncreaseDecrease`	$-936.34K	USD	2 Qtrs
Net (decrease) increase in cash	`CashPeriodIncreaseDecrease`	$109.60K	USD	2 Qtrs
Cash - beginning of period	`Cash`	$1.08M	USD	Point-in-time
Cash - beginning of period	`Cash`	$139.38K	USD	Point-in-time
Cash - beginning of period	`Cash`	$145.95K	USD	Point-in-time
Cash - beginning of period	`Cash`	$29.78K	USD	Point-in-time
Cash - end of period	`Cash`	$1.08M	USD	Point-in-time
Cash - end of period	`Cash`	$139.38K	USD	Point-in-time
Cash - end of period	`Cash`	$145.95K	USD	Point-in-time
Cash - end of period	`Cash`	$29.78K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.98K	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$858.00	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.