10-Q Filing

Beeline Holdings, Inc. CIK: 1534708 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001615774-16-008258`
Period End Date	20160930
Filing Date	20161114
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	esdid-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 58 Cash Flow Statement 72

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.08M	USD	Point-in-time
Cash	`Cash`	$141.32K	USD	Point-in-time
Cash	`Cash`	$85.38K	USD	Point-in-time
Cash	`Cash`	$400.18K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$383.00K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$142.21K	USD	Point-in-time
Inventories	`InventoryNet`	$683.82K	USD	Point-in-time
Inventories	`InventoryNet`	$881.65K	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
Prepaid expenses	`PrepaidExpenseCurrent`	$70.38K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.74M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$112.00K	USD	Point-in-time
Property and equipment - net	`PropertyPlantAndEquipmentNet`	$102.38K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	2.31M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	4.77M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$48.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$49.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	2.31M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	4.77M	shares	Point-in-time
Total Assets	`Assets`	$1.89M	USD	Point-in-time
Total Assets	`Assets`	$1.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$805.16K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$818.16K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$563.81K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$727.00	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$3.19K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$4.10K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$4.42K	USD	Point-in-time
Related party note payable	`NotesPayableRelatedPartiesClassifiedCurrent`	$12.50K	USD	Point-in-time
Related party note payable	`NotesPayableRelatedPartiesClassifiedCurrent`	$12.50K	USD	Point-in-time
Convertible notes payable - net of debt discounts	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable - net of debt discounts	`ConvertibleNotesPayableCurrent`	$455.96K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.34M	USD	Point-in-time
Notes payable - less current portion and debt discount	`LongTermNotesPayable`	$929.54K	USD	Point-in-time
Notes payable - less current portion and debt discount	`LongTermNotesPayable`	$17.84K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.57M	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; 45,000,000 shares authorized; 4,766,659 and 2,309,750 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$9.54K	USD	Point-in-time
Common stock, $0.0001 par value; 45,000,000 shares authorized; 4,766,659 and 2,309,750 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$4.62K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$9.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-11.36M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.06M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-687.39K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.29M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.89M	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$492.38K	USD	1 Quarter
Sales	`Revenues`	$796.22K	USD	1 Quarter
Sales	`Revenues`	$1.34M	USD	3 Qtrs
Sales	`Revenues`	$2.05M	USD	3 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$140.30K	USD	1 Quarter
Less excise taxes	`ExciseAndSalesTaxes`	$469.94K	USD	3 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$363.32K	USD	3 Qtrs
Less excise taxes	`ExciseAndSalesTaxes`	$188.38K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$607.85K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$352.08K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$981.57K	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$1.58M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$518.36K	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$370.85K	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$895.24K	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$167.52K	USD	1 Quarter
Gross profit	`GrossProfit`	$680.39K	USD	3 Qtrs
Gross profit	`GrossProfit`	$184.56K	USD	1 Quarter
Gross profit	`GrossProfit`	$236.99K	USD	1 Quarter
Gross profit	`GrossProfit`	$463.21K	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.59M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.43M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.58M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.95M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.27M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.40M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.35M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.97M	USD	3 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-9.91K	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-493.01K	USD	3 Qtrs
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$-89.89K	USD	1 Quarter
Other (expense) income - net	`OtherNonoperatingIncomeExpense`	$36.24K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.41M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-3.76M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-2.93M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.44M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.76M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.93M	USD	3 Qtrs
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	-	USD	3 Qtrs
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$37.36K	USD	3 Qtrs
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$19.60K	USD	1 Quarter
Dividends on convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.46M	USD	1 Quarter
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.80M	USD	3 Qtrs
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.41M	USD	1 Quarter
Net loss available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.93M	USD	3 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.62	USD	1 Quarter
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.14	USD	3 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.28	USD	3 Qtrs
Basic and diluted net loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.31	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.28M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.32M	shares	3 Qtrs
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.76M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.29M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, issuance costs	`PaymentsOfStockIssuanceCosts`	$35.92K	USD	3 Qtrs
Preferred stock, issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.76M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.93K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.58K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$116.75K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	3 Qtrs
Amortization of beneficial conversion feature	`AmortizationOfBeneficialConversionFeature`	-	USD	3 Qtrs
Amortization of beneficial conversion feature	`AmortizationOfBeneficialConversionFeature`	$228.55K	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`	$218.97K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$208.98K	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`	$240.80K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$197.83K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$436.56K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-94.13K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-89.70K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-476.16K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$821.46K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$657.65K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$338.77K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.14K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.47K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.24M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.13M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.86K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.95K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-42.86K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.95K	USD	3 Qtrs
Proceeds from preferred stock, net of issuance costs of $35,920, with warrants	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Proceeds from preferred stock, net of issuance costs of $35,920, with warrants	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$463.08K	USD	3 Qtrs
Proceeds from common stock with detachable warrants	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	3 Qtrs
Proceeds from common stock with detachable warrants	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Payments on convertible notes payable	`RepaymentsOfNotesPayable`	$3.63K	USD	3 Qtrs
Payments on convertible notes payable	`RepaymentsOfNotesPayable`	$500.92K	USD	3 Qtrs
Proceeds from notes payable with warrants issued	`ProceedsFromNotesPayableWithWarrantsIssued`	-	USD	3 Qtrs
Proceeds from notes payable with warrants issued	`ProceedsFromNotesPayableWithWarrantsIssued`	$1.25M	USD	3 Qtrs
Proceeds from convertible notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$185.00K	USD	3 Qtrs
Proceeds from convertible notes payable, net of issuance costs	`ProceedsFromNotesPayable`	$291.50K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$287.87K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.40M	USD	3 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$-996.91K	USD	3 Qtrs
Net increase (decrease) in cash	`CashPeriodIncreaseDecrease`	$258.86K	USD	3 Qtrs
Cash - beginning of period	`Cash`	$1.08M	USD	Point-in-time
Cash - beginning of period	`Cash`	$141.32K	USD	Point-in-time
Cash - beginning of period	`Cash`	$85.38K	USD	Point-in-time
Cash - beginning of period	`Cash`	$400.18K	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 - end of period	`Cash`	$85.38K	USD	Point-in-time
Cash - end of period	`Cash`	$400.18K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$294.24K	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$4.59K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Stock issued for payment of trade debt	`StockIssued1`	$19.21K	USD	3 Qtrs
Stock issued for payment of trade debt	`StockIssued1`	-	USD	3 Qtrs
Series A preferred issued in exchange of compensation	`StockIssuedInLieuOfAccruedCompensation`	-	USD	3 Qtrs
Series A preferred issued in exchange of compensation	`StockIssuedInLieuOfAccruedCompensation`	$423.00K	USD	3 Qtrs
Series A preferred issued in exchange of debt	`SeriesPreferredIssuedInExchangeOfDebt`	-	USD	3 Qtrs
Series A preferred issued in exchange of debt	`SeriesPreferredIssuedInExchangeOfDebt`	$50.00K	USD	3 Qtrs
Common stock issued in exchange of notes payable	`CommonStockIssuedInExchangeOfNotesPayable`	-	USD	3 Qtrs
Common stock issued in exchange of notes payable	`CommonStockIssuedInExchangeOfNotesPayable`	$196.33K	USD	3 Qtrs
Common stock issued in exchange for dividend	`CommonStockIssuedInExchangeForDividend`	-	USD	3 Qtrs
Common stock issued in exchange for dividend	`CommonStockIssuedInExchangeForDividend`	$17.76K	USD	3 Qtrs

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