10-Q Filing

Beeline Holdings, Inc. CIK: 1534708 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001615774-16-005447`
Period End Date	20160331
Filing Date	20160516
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	esdi-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 26 Cash Flow Statement 57

Balance Sheet 67 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`	$1.08M	USD	Point-in-time
Cash	`Cash`	$368.14K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$141.32K	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$12.80K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$183.18K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$142.21K	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Inventories	`InventoryNet`	$683.82K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$622.47K	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
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$99.75K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$163.51K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	46.73M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$918.20K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	46.20M	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
Common stock, outstanding	`CommonStockSharesOutstanding`	46.73M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$113.38K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$49.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$48.00K	USD	Point-in-time
Total Assets	`Assets`	$1.29M	USD	Point-in-time
Total Assets	`Assets`	$1.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.29M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$563.81K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$868.55K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$2.11K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$727.00	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$4.10K	USD	Point-in-time
Current portion of note payable	`NotesPayableCurrent`	$4.20K	USD	Point-in-time
Related party note payable	`DueToRelatedPartiesCurrent`	$12.50K	USD	Point-in-time
Related party note payable	`DueToRelatedPartiesCurrent`	$12.50K	USD	Point-in-time
Convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$467.12K	USD	Point-in-time
Convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$455.96K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.34M	USD	Point-in-time
Preferred stock deposit	`PreferredStockDepositsNoncurrent`	$151.20K	USD	Point-in-time
Note payable - less current portion	`LongTermNotesPayable`	$16.45K	USD	Point-in-time
Note payable - less current portion	`LongTermNotesPayable`	$17.84K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.81M	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 March 31, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no shares issued and outstanding at March 31, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 46,726,000 and 46,195,000 shares issued and outstanding at March 31, 2016 and December 2015, respectively	`CommonStockValue`	$4.67K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 46,726,000 and 46,195,000 shares issued and outstanding at March 31, 2016 and December 2015, respectively	`CommonStockValue`	$4.62K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.84M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.58M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.74M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.06M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.08M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.29M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$424.91K	USD	1 Quarter
Sales	`Revenues`	$621.88K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$158.41K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$99.84K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$325.07K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$463.47K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$217.86K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$256.17K	USD	1 Quarter
Gross profit	`GrossProfit`	$107.21K	USD	1 Quarter
Gross profit	`GrossProfit`	$207.31K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$987.16K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.05M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-843.62K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-879.96K	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-171.06K	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$48.94K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.01M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-831.02K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-831.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.01M	USD	1 Quarter
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	1 Quarter
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.02	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.51M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.57M	shares	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-831.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.01M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.28K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.57K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.38K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$11.17K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Amortization of beneficial conversion feature	`AmortizationOfBeneficialConversionFeature`	-	USD	1 Quarter
Amortization of beneficial conversion feature	`AmortizationOfBeneficialConversionFeature`	$148.08K	USD	1 Quarter
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Issuance of common stock in exchange for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$89.10K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$105.84K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$31.00K	USD	1 Quarter
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	-	USD	1 Quarter
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	$52.89K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-78.83K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$40.97K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-61.36K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$464.82K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-13.25K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-64.75K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.81K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$473.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$38.26K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$304.74K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.34K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.38K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-713.35K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-271.48K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.95K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.95K	USD	1 Quarter
Preferred stock deposit	`ProceedsFromContributionsFromAffiliates`	$151.20K	USD	1 Quarter
Preferred stock deposit	`ProceedsFromContributionsFromAffiliates`	-	USD	1 Quarter
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$801.00	USD	1 Quarter
Payments of principal on notes payable	`RepaymentsOfNotesPayable`	$1.29K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$149.91K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-801.00	USD	1 Quarter
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-128.52K	USD	1 Quarter
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-714.15K	USD	1 Quarter
Cash - beginning of period	`Cash`	$1.08M	USD	Point-in-time
Cash - beginning of period	`Cash`	$368.14K	USD	Point-in-time
Cash - beginning of period	`Cash`	$141.32K	USD	Point-in-time
Cash - beginning of period	`Cash`	$12.80K	USD	Point-in-time
Cash - end of period	`Cash`	$1.08M	USD	Point-in-time
Cash - end of period	`Cash`	$368.14K	USD	Point-in-time
Cash - end of period	`Cash`	$141.32K	USD	Point-in-time
Cash - end of period	`Cash`	$12.80K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.38K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	$2.90K	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Issuance of common stock for services	`IssuanceOfCommonStockForServices`	-	USD	1 Quarter
Issuance of common stock for services	`IssuanceOfCommonStockForServices`	$89.10K	USD	1 Quarter
Beneficial converstion feature	`BeneficialConverstionFeature`	-	USD	1 Quarter
Beneficial converstion feature	`BeneficialConverstionFeature`	$148.08K	USD	1 Quarter

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