Eastside Distilling Q3 net loss narrows to $2.2M; sales flat at $3.1M

Beeline Holdings, Inc.

2023-Q3 EPS reported -$5.93 revenue$8,497,000

Net loss of $2.2M vs $2.7M YoY; includes $1.3M debt-to-equity conversion expense.
Adjusted EBITDA improved to $(0.4M) from $(1.4M) in prior-year quarter.
Craft C+P gross profit soared 377% YoY; printed 4.5M cans in quarter.
Gross sales flat at $3.1M; gross margin improved to 17% from 6%.
Shareholders' equity rose to $2.7M after $4.2M increase from debt conversion.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Beeline Holdings, Inc. reported financial results for fiscal quarter ended September 30, 2023.

Period: fiscal quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 14, 2023, Eastside Distilling, Inc. (the “Company”) issued a press release announcing financial results for the fiscal quarter ended September 30, 2023.

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Beeline Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-041115

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