10-Q Filing

Beeline Holdings, Inc. CIK: 1534708 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001615774-16-006796`
Period End Date	20160630
Filing Date	20160815
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	esdi-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 60 Cash Flow Statement 65

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$141.32K	USD	Point-in-time
Cash	`Cash`	$145.95K	USD	Point-in-time
Cash	`Cash`	$1.08M	USD	Point-in-time
Cash	`Cash`	$1.01M	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$266.21K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$142.21K	USD	Point-in-time
Inventories	`InventoryNet`	$683.82K	USD	Point-in-time
Inventories	`InventoryNet`	$778.53K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$163.51K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$66.63K	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
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.12M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.13M	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, issued	`CommonStockSharesIssued`	93.86M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$107.91K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	46.20M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$49.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	93.86M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$48.00K	USD	Point-in-time
Total Assets	`Assets`	$2.28M	USD	Point-in-time
Total Assets	`Assets`	$1.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$576.61K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$563.81K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$3.19K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$727.00	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$4.10K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$4.31K	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 discounts	`ConvertibleNotesPayableCurrent`	$455.96K	USD	Point-in-time
Convertible notes payable - net of debt discounts	`ConvertibleNotesPayableCurrent`	$105.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.85M	USD	Point-in-time
Notes payable - less current portion and debt discount	`LongTermNotesPayable`	$17.84K	USD	Point-in-time
Notes payable - less current portion and debt discount	`LongTermNotesPayable`	$149.26K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.00M	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
Common stock, $0.0001 par value; 900,000,000 shares authorized; 93,859,490 and 46,195,000 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$4.62K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized; 93,859,490 and 46,195,000 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$9.39K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$9.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.56M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$285.35K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-1.06M	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.29M	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$2.28M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$1.25M	USD	2 Qtrs
Sales	`Revenues`	$852.50K	USD	2 Qtrs
Sales	`Revenues`	$427.59K	USD	1 Quarter
Sales	`Revenues`	$627.46K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$281.56K	USD	2 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$123.18K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$223.02K	USD	2 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$123.15K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$304.41K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$504.31K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$629.48K	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$967.78K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$524.38K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$157.65K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$350.83K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$268.22K	USD	1 Quarter
Gross profit	`GrossProfit`	$443.40K	USD	2 Qtrs
Gross profit	`GrossProfit`	$278.65K	USD	2 Qtrs
Gross profit	`GrossProfit`	$146.76K	USD	1 Quarter
Gross profit	`GrossProfit`	$236.09K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.31M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$832.04K	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.84M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.36M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.92M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-685.28K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.08M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.57M	USD	2 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-403.02K	USD	2 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$46.15K	USD	2 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-2.78K	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-231.97K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.52M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-688.06K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-2.32M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.31M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-688.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.52M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.32M	USD	2 Qtrs
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$17.76K	USD	1 Quarter
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$17.76K	USD	2 Qtrs
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	-	USD	2 Qtrs
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.33M	USD	1 Quarter
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.52M	USD	2 Qtrs
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-688.06K	USD	1 Quarter
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.34M	USD	2 Qtrs
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`	$-0.03	USD	2 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.05	USD	2 Qtrs
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`	57.10M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.84M	shares	2 Qtrs
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`	45.55M	shares	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, issuance costs	`PaymentsOfStockIssuanceCosts`	$35.92K	USD	2 Qtrs
Preferred stock, issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-688.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.52M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.32M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.05K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.01K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$116.75K	USD	2 Qtrs
Amortization of beneficial conversion feature	`AmortizationOfBeneficialConversionFeature`	$228.55K	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`	$89.10K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$157.41K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$83.38K	USD	2 Qtrs
Gain on spin-off of subsidiary	`GainOnSpinoffOfSubsidiary`	$52.89K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-70.94K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$124.01K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$472.95K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$94.70K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-25.61K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-97.88K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-155.88K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$746.88K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$122.80K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$435.80K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$58.00	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.47K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-920.62K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.56M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.32K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.05K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-13.32K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.05K	USD	2 Qtrs
Proceeds from preferred stock, net of issuance costs of $35,920, with warrants	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$463.08K	USD	2 Qtrs
Proceeds from preferred stock, net of issuance costs of $35,920, with warrants	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from common stock with detachable warrants	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from common stock with detachable warrants	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	2 Qtrs
Payments of principal and accrued interest on convertible notes payable	`RepaymentsOfNotesPayable`	$408.98K	USD	2 Qtrs
Payments of principal and accrued interest on convertible notes payable	`RepaymentsOfNotesPayable`	$2.40K	USD	2 Qtrs
Proceeds from notes payable, warrants issued	`ProceedsFromIssuanceOfWarrants`	-	USD	2 Qtrs
Proceeds from notes payable, warrants issued	`ProceedsFromIssuanceOfWarrants`	$200.00K	USD	2 Qtrs
Proceeds from convertible notes payable, net of issuance costs	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from convertible notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$185.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.44M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.40K	USD	2 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$-936.34K	USD	2 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$872.28K	USD	2 Qtrs
Cash - beginning of period	`Cash`	$141.32K	USD	Point-in-time
Cash - beginning of period	`Cash`	$145.95K	USD	Point-in-time
Cash - beginning of period	`Cash`	$1.08M	USD	Point-in-time
Cash - beginning of period	`Cash`	$1.01M	USD	Point-in-time
Cash - end of period	`Cash`	$141.32K	USD	Point-in-time
Cash - end of period	`Cash`	$145.95K	USD	Point-in-time
Cash - end of period	`Cash`	$1.08M	USD	Point-in-time
Cash - end of period	`Cash`	$1.01M	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`	$219.98K	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Dividends paid in common stock	`DividendsPaidInCommonStock`	-	USD	2 Qtrs
Dividends paid in common stock	`DividendsPaidInCommonStock`	$17.76K	USD	2 Qtrs
Stock issued in lieu of accrued compensation	`StockIssuedInLieuOfAccruedCompensation`	$423.00K	USD	2 Qtrs
Stock issued in lieu of accrued compensation	`StockIssuedInLieuOfAccruedCompensation`	-	USD	2 Qtrs
Stock issued to retire notes and accrued interest	`StockIssuedToRetireNotesAndAccruedInterest`	$246.33K	USD	2 Qtrs
Stock issued to retire notes and accrued interest	`StockIssuedToRetireNotesAndAccruedInterest`	-	USD	2 Qtrs

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