10-K Filing

Beeline Holdings, Inc. CIK: 1534708 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001615774-16-004925`
Period End Date	20151231
Filing Date	20160413
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	esdi-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 28 Cash Flow Statement 71 Stockholders Equity 21

Balance Sheet 66 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
Cash	`Cash`	$29.78K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$1.08M	USD	Point-in-time
Cash	`Cash`	$141.32K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$138.04K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$142.21K	USD	Point-in-time
Inventories	`InventoryNet`	$683.82K	USD	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$163.51K	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
Common stock, issued	`CommonStockSharesIssued`	45.51M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	46.20M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.77M	USD	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$81.21K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	45.51M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$112.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	46.20M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$193.75K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$49.00K	USD	Point-in-time
Total Assets	`Assets`	$1.29M	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`	$1.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$563.81K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$72.61K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$8.28K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$727.00	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$3.56K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$4.10K	USD	Point-in-time
Related party note payable	`DueToRelatedPartiesCurrent`	$12.50K	USD	Point-in-time
Related party note payable	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$455.96K	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`	$2.34M	USD	Point-in-time
Note payable - less current portion	`LongTermNotesPayable`	$17.84K	USD	Point-in-time
Note payable - less current portion	`LongTermNotesPayable`	$23.27K	USD	Point-in-time
Total liabilities	`Liabilities`	$464.35K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.36M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no shares issued and outstanding at December 31, 2015 and 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no shares issued and outstanding at December 31, 2015 and 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 46,195,000 and 45,512,500 shares issued and outstanding at December 31, 2015 and 2014, respectively	`CommonStockValue`	$4.55K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 46,195,000 and 45,512,500 shares issued and outstanding at December 31, 2015 and 2014, respectively	`CommonStockValue`	$4.62K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.96M	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$103.16K	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$-1.06M	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$1.58M	USD	Point-in-time
Total Liabilities and Stockholders' (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$1.29M	USD	Point-in-time
Total Liabilities and Stockholders' (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$2.05M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$1.44M	USD	Annual
Sales	`Revenues`	$2.33M	USD	Annual
Less excise taxes	`ExciseAndSalesTaxes`	$379.97K	USD	Annual
Less excise taxes	`ExciseAndSalesTaxes`	$624.05K	USD	Annual
Net sales	`SalesRevenueNet`	$1.70M	USD	Annual
Net sales	`SalesRevenueNet`	$1.06M	USD	Annual
Cost of sales	`CostOfRevenue`	$870.39K	USD	Annual
Cost of sales	`CostOfRevenue`	$494.89K	USD	Annual
Gross profit	`GrossProfit`	$560.55K	USD	Annual
Gross profit	`GrossProfit`	$832.23K	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.37M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.37M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$3.25M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-4.05M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-3.54M	USD	Annual
Other income (expense) - net	`OtherNonoperatingIncomeExpense`	$-3.74K	USD	Annual
Other income (expense) - net	`OtherNonoperatingIncomeExpense`	$-59.55K	USD	Annual
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-3.60M	USD	Annual
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-4.06M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.50K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-4.06M	USD	Annual
Net loss	`NetIncomeLoss`	$-3.60M	USD	Annual
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.08	USD	Annual
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.12	USD	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.75M	shares	Annual
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	33.37M	shares	Annual

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Issuance cost of common stock	`PaymentsOfStockIssuanceCosts`	$36.85K	USD	Annual
Net loss	`NetIncomeLoss`	$-4.06M	USD	Annual
Net loss	`NetIncomeLoss`	$-3.60M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.28K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.89K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$16.75K	USD	Annual
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$671.92K	USD	Annual
Issuance of common stock for payoff of trade debt	`IssuanceOfStockForPayoffOfTradeDebt`	-	USD	Annual
Issuance of common stock for payoff of trade debt	`IssuanceOfStockForPayoffOfTradeDebt`	$142.99K	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$3.25M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$10.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$140.37K	USD	Annual
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	$52.89K	USD	Annual
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	-	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$4.26K	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-80.20K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$317.97K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$306.80K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$257.90K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-155.39K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.13M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$165.71K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$502.07K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$51.22K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-9.94K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.69K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.08M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.19M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.87K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.08K	USD	Annual
Cash received in reverse acquisition	`CashReceivedInReverseAcquisition`	-	USD	Annual
Cash received in reverse acquisition	`CashReceivedInReverseAcquisition`	$364.00	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-50.08K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-37.51K	USD	Annual
Proceeds from convertible notes payable	`ProceedsFromNotesPayable`	$20.00K	USD	Annual
Proceeds from convertible notes payable	`ProceedsFromNotesPayable`	$289.27K	USD	Annual
Proceeds from related party note payable	`ProceedsFromRelatedPartyDebt`	$12.50K	USD	Annual
Proceeds from related party note payable	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$5.45K	USD	Annual
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$4.89K	USD	Annual
Contributions	`ProceedFromContributions`	$2.63K	USD	Annual
Distributions	`PaymentsOfCapitalDistribution`	-	USD	Annual
Distributions	`PaymentsOfCapitalDistribution`	$1.52K	USD	Annual
Issuance of common stock - net of issuance costs of $36,848	`ProceedsFromIssuanceOfCommonStock`	$2.16M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.17M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$296.88K	USD	Annual
Net (decrease) increase in cash	`CashPeriodIncreaseDecrease`	$1.05M	USD	Annual
Net (decrease) increase in cash	`CashPeriodIncreaseDecrease`	$-940.97K	USD	Annual
Cash - beginning of period	`Cash`	$29.78K	USD	Point-in-time
Cash - beginning of period	`Cash`	$1.08M	USD	Point-in-time
Cash - beginning of period	`Cash`	$141.32K	USD	Point-in-time
Cash - end 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`	$141.32K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$4.59K	USD	Annual
Cash paid during the period for interest	`InterestPaid`	$3.97K	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Shares issued to effect reverse acquisition	`StockIssued1`	$3.20M	USD	Annual
Shares issued to effect reverse acquisition	`StockIssued1`	-	USD	Annual
Property and equipment acquired with note payable	`FairValueOfAssetsAcquired`	-	USD	Annual
Property and equipment acquired with note payable	`FairValueOfAssetsAcquired`	$26.83K	USD	Annual
Conversion of notes payable to equity	`ConverstionOfNotesPayableToEquity`	-	USD	Annual
Conversion of notes payable to equity	`ConverstionOfNotesPayableToEquity`	$46.85K	USD	Annual
Stock-based compensation recorded as prepaid expenses and other long-term assets	`StockbasedCompensationRecordedAsPrepaidExpensesAndOtherLongtermAssets`	$110.00K	USD	Annual
Stock-based compensation recorded as prepaid expenses and other long-term assets	`StockbasedCompensationRecordedAsPrepaidExpensesAndOtherLongtermAssets`	$65.62K	USD	Annual
Conversion of accounts payable to common stock	`ConverstionOfAccountsPayableToCommonStock`	$142.99K	USD	Annual
Conversion of accounts payable to common stock	`ConverstionOfAccountsPayableToCommonStock`	$10.00K	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning	`StockholdersEquity`	$103.16K	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$-1.06M	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$1.58M	USD	Point-in-time
Balance at beginning (in shares)	`CommonStockSharesOutstanding`	45.51M	shares	Point-in-time
Balance at beginning (in shares)	`CommonStockSharesOutstanding`	46.20M	shares	Point-in-time
Contributions from members	`AdjustmentsToAdditionalPaidInCapitalContributionFromMembers`	$2.63K	USD	Annual
Distributions to members	`AdjustmentsToAdditionalPaidInCapitalDistributuionsToMembers`	$-1.52K	USD	Annual
Conversion of notes payable to equity	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$46.85K	USD	Annual
Shares issued to effect reverse merger	`StockIssuedDuringPeriodValueAcquisitions`	$3.20M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$2.17M	USD	Annual
Issuance of common stock in exchange for services, net of issuance costs	`StockIssuedDuringPeriodValueIssuedForServices`	$671.98K	USD	Annual
Shares issued for payoff of trade debt, net	`StockIssuedDuringPeriodValueIssuedForServices1`	$143.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.37K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$120.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-4.06M	USD	Annual
Net loss	`NetIncomeLoss`	$-3.60M	USD	Annual
Balance at end	`StockholdersEquity`	$103.16K	USD	Point-in-time
Balance at end	`StockholdersEquity`	$-1.06M	USD	Point-in-time
Balance at end	`StockholdersEquity`	$1.58M	USD	Point-in-time
Balance at end (in shares)	`CommonStockSharesOutstanding`	45.51M	shares	Point-in-time
Balance at end (in shares)	`CommonStockSharesOutstanding`	46.20M	shares	Point-in-time

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