10-Q Filing

Beeline Holdings, Inc. CIK: 1534708 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001615774-15-003317`
Period End Date	20150930
Filing Date	20151116
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	esdi-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 52 Cash Flow Statement 54

Balance Sheet 64 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
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$1.08M	USD	Point-in-time
Cash	`Cash`	$29.78K	USD	Point-in-time
Cash	`Cash`	$85.38K	USD	Point-in-time
Cash	`Cash`	$16.31K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$138.04K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$63.84K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Inventories	`InventoryNet`	$377.02K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$813.59K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$174.15K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$213.82K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.77M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	45.51M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	45.95M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.51M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$110.14K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.95M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$81.21K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$64.38K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$193.75K	USD	Point-in-time
Total Assets	`Assets`	$1.35M	USD	Point-in-time
Total Assets	`Assets`	$2.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$206.63K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$988.82K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$72.61K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$400.51K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$6.55K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$8.28K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$3.99K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$3.56K	USD	Point-in-time
Convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$441.50K	USD	Point-in-time
Convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$150.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$441.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.84M	USD	Point-in-time
Note payable - less current portion	`LongTermNotesPayable`	$19.21K	USD	Point-in-time
Note payable - less current portion	`LongTermNotesPayable`	$23.27K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$464.35K	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 Septemer 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no shares issued and outstanding at Septemer 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 45,955,000 and 45,512,500 shares issued and outstanding at September 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; 45,955,000 and 45,512,500 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$4.60K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.38M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.89M	USD	Point-in-time
Total stockholders' equity (Deficit)	`StockholdersEquity`	$-509.46K	USD	Point-in-time
Total stockholders' equity (Deficit)	`StockholdersEquity`	$1.58M	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$2.05M	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$492.38K	USD	1 Quarter
Sales	`Revenues`	$1.34M	USD	3 Qtrs
Sales	`Revenues`	$738.64K	USD	3 Qtrs
Sales	`Revenues`	$298.67K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$127.94K	USD	3 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$42.92K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$363.32K	USD	3 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$140.30K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$255.75K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$981.57K	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$352.08K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$610.70K	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$162.94K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$290.04K	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$518.36K	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$167.52K	USD	1 Quarter
Gross profit	`GrossProfit`	$184.56K	USD	1 Quarter
Gross profit	`GrossProfit`	$463.21K	USD	3 Qtrs
Gross profit	`GrossProfit`	$92.81K	USD	1 Quarter
Gross profit	`GrossProfit`	$320.67K	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$584.45K	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.59M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$341.94K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.43M	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-249.13K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-2.97M	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-263.78K	USD	3 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-1.40M	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-2.45K	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$36.24K	USD	3 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-3.31K	USD	3 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-9.91K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-251.58K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.41M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-2.93M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-267.09K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.93M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-251.58K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-267.09K	USD	3 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.06	USD	3 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	3 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	1 Quarter
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.00M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.63M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.83M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.00M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.93M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-251.58K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-267.09K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.07K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.93K	USD	3 Qtrs
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$715.87K	USD	3 Qtrs
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$124.25K	USD	3 Qtrs
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	$52.89K	USD	3 Qtrs
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	-	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-74.10K	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-14.16K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$436.56K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$164.60K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-89.70K	USD	3 Qtrs
Deposit	`IncreaseDecreaseInDepositOtherAssets`	$48.00K	USD	3 Qtrs
Deposit	`IncreaseDecreaseInDepositOtherAssets`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$248.46K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$821.46K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$39.45K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$338.77K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-15.36K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.14K	USD	3 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	-	USD	3 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$18.63K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.24M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-171.26K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.86K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.23K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-42.86K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.23K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$291.50K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$169.98K	USD	3 Qtrs
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$3.63K	USD	3 Qtrs
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$5.45K	USD	3 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	-	USD	3 Qtrs
Distributions	`PaymentsOfCapitalDistribution`	$1.52K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$163.01K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$287.87K	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-996.91K	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-13.48K	USD	3 Qtrs
Cash - beginning of period	`Cash`	$1.08M	USD	Point-in-time
Cash - beginning of period	`Cash`	$29.78K	USD	Point-in-time
Cash - beginning of period	`Cash`	$85.38K	USD	Point-in-time
Cash - beginning of period	`Cash`	$16.31K	USD	Point-in-time
Cash - end of period	`Cash`	$1.08M	USD	Point-in-time
Cash - end of period	`Cash`	$29.78K	USD	Point-in-time
Cash - end of period	`Cash`	$85.38K	USD	Point-in-time
Cash - end of period	`Cash`	$16.31K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$4.59K	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$1.07K	USD	3 Qtrs

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