v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash $ 99,542 $ 453,162
Accounts Receivable 199,279 638,890
Inventory 2,505,488 2,471,567
Other Current Assets 445,458 355,928
Total Current Assets 3,249,767 3,919,547
Long Term Assets    
Property and Equipment, net of Accumulated Depreciation 5,106,872 5,449,412
Operating Lease Right-of-Use Assets, net 3,389,361 3,303,158
Investment in Flavored Bourbon LLC 14,285,222 14,285,222
Intangible Assets (Note 8) 403,865 421,151
Goodwill (Note 8) 589,870 589,870
Other Long Term Assets 38,566 31,666
Total Long Term Assets 23,813,756 24,080,479
Total Assets 27,063,523 28,000,026
Current Liabilities    
Accounts Payable 5,519,332 4,979,353
Accrued Payroll 921,454 950,974
Accrued Tax Liability 1,478,668 1,535,628
Other Current Liabilities 1,152,267 1,253,052
Operating Lease Liabilities, Current 1,214,478 1,131,545
Notes Payable, Current 3,474,242 3,758,595
Accrued Interest 174,791 202,367
Total Current Liabilities 13,935,232 13,811,514
Long Term Liabilities    
Operating Lease Liabilities, net of Current Portion 2,809,007 2,810,015
Notes Payable, net of Current Portion 9,485,939 9,482,339
Accrued Interest, net of Current Portion 1,035,245 977,316
Other Long Term Liabilities 127,076 127,075
Total Long-Term Liabilities 13,457,267 13,396,745
Total Liabilities 27,392,499 27,208,259
Commitments and Contingencies (Note 10)
Stockholders’ Equity / (Deficit)    
Common Stock, par value $0.0001 per share; 70,000,000 shares authorized; 6,921,564 and 5,273,611 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 721 556
Additional Paid-In-Capital 76,837,302 74,925,180
Accumulated Deficit (77,167,065) (74,134,018)
Total Stockholders’ Equity / (Deficit) (328,976) 791,767
Total Liabilities & Stockholders’ Equity / (Deficit) 27,063,523 28,000,026
Series A Convertible    
Stockholders’ Equity / (Deficit)    
Series A Convertible, 500,000 shares designated; 494,840 shares issued and outstanding as of March 31, 2025 and December 31, 2024 49 49
Series B Convertible    
Stockholders’ Equity / (Deficit)    
Series A Convertible, 500,000 shares designated; 494,840 shares issued and outstanding as of March 31, 2025 and December 31, 2024 $ 17 $ 0

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