v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statement of Cash Flows [Abstract]    
Net Income / (Loss) $ (3,033,047) $ 452,839
Adjustments to Reconcile Net Income / (Loss) to Net Cash Used in Operating Activities:    
Depreciation Expense 296,528 320,465
Amortization of operating lease right-of-use assets 95,657 144,384
Loss on disposal of property and equipment 5,702 17,994
Gain on Investment 0 (3,421,222)
Change in Fair Value of Convertible Notes 0 571,089
Change in Fair Value of Warrant Liabilities 0 (430,208)
Non-cash Interest Expense 49,600 84,447
Changes in Operating Assets and Liabilities:    
Accounts Receivable 439,611 296,870
Inventory (33,921) 198,547
Other Current Assets (89,530) (260,047)
Other Long Term Assets (6,900) 0
Accounts Payable 532,236 252,981
Other Current Liabilities (187,265) (710,980)
Operating Lease Liabilities (99,935) (177,242)
Net Cash Used in Operating Activities (2,031,264) (2,660,083)
Cash Flow from Investing Activities    
Acquisition, net of cash acquired 0 5,090
Purchase of Property and Equipment (17,325) 0
Proceeds from Sale of Asset 82,665 0
Net Cash Provided by Investing Activities 65,340 5,090
Cash Flow from Financing Activities    
Proceeds from Notes Payable 0 39,247
Proceeds from Whiskey Notes (including proceeds from related party Whiskey Notes of $0 and $1,100,000 for the three months ended March 31, 2025 and 2024, respectively) 0 3,115,870
Repayment of Notes Payable (300,000) (41,454)
Proceeds from Private Placement of Series B Preferred Stock (and warrants) (Note 7) 1,679,810 0
Proceeds from ELOC Sales of Common Stock 232,427 0
Proceeds from Warrants Exercised 67 0
Deferred Transaction Costs associated with S-1 Filing 0 (81,996)
Net Cash Provided by Financing Activities 1,612,304 3,031,667
Net Increase (Decrease) in Cash (353,620) 376,674
Cash – Beginning of Period 453,162 76,878
Cash – End of Period 99,542 453,552
Cash Paid during the Period for:    
Interest Expense 473,613 516,559
Supplemental Schedule of Non-cash Investing and Financing Activities:    
Right-of-use Assets Obtained in Exchange for New Operating Lease Liabilities 181,861 0
Transaction Costs Associated with S-1 Filing in Accounts Payable and Other Current Liabilities 0 76,608
Unpaid Property and Equipment Additions $ 7,743 $ 0

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