Eastside Distilling Files 10-K/A Amendment

TL;DR

<b>Eastside Distilling, Inc. has filed an amendment to its 2023 annual report, confirming compliance with SEC filing requirements.</b>

AI Summary

Eastside Distilling, Inc. (BLNE) filed a Amended Annual Report (10-K/A) with the SEC on April 30, 2024. Eastside Distilling, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company is incorporated in Nevada and its principal executive offices are located in Portland, Oregon. Its common stock is registered and traded on The Nasdaq Stock Market LLC under the trading symbol 'EAST'. The filing indicates the company has submitted all required reports for the preceding 12 months and has been subject to filing requirements for the past 90 days. Eastside Distilling has also submitted and posted all required Interactive Data Files electronically for the preceding 12 months.

Why It Matters

For investors and stakeholders tracking Eastside Distilling, Inc., this filing contains several important signals. This amendment signifies a formal update to the company's financial and operational disclosures for the fiscal year 2023, providing stakeholders with revised or additional information. The confirmation of compliance with filing requirements suggests the company is maintaining its reporting obligations, which is crucial for investor confidence and regulatory standing.

Risk Assessment

Risk Level: low — Eastside Distilling, Inc. shows low risk based on this filing. The risk is low as the filing is an amendment to a 10-K, indicating ongoing compliance and reporting, rather than new negative information.

Analyst Insight

Review the specific changes within the 10-K/A filing to understand the nature of the amendment and its potential impact on the company's reported financials or operations.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reported fiscal year end)
• 2024-04-30 — Filing Date (Date the 10-K/A was filed)
• 001-38182 — Commission File Number (SEC Commission File Number for the registrant)
• 20-3937596 — IRS Employer Identification No. (Registrant's IRS Employer Identification Number)

Key Players & Entities

• Eastside Distilling, Inc. (company) — Filer of the 10-K/A amendment
• The Nasdaq Stock Market LLC (company) — Exchange where common stock is registered
• EAST (company) — Trading symbol for Eastside Distilling, Inc. common stock
• Nevada (company) — State of incorporation
• Portland, Oregon (company) — Location of principal executive offices
• 2023-12-31 (date) — Fiscal year end date
• 2024-04-30 (date) — Filing date of the amendment

FAQ

Industry Context

Eastside Distilling operates in the alcoholic beverage industry, specifically focusing on spirits manufacturing and distribution.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to submit regular financial and operational reports to the SEC.

What Investors Should Do

1. Analyze the specific amendments made in the 10-K/A filing.
2. Verify the company's compliance status with all SEC reporting deadlines.
3. Monitor future filings for any new financial or operational disclosures.

Key Dates

• 2023-12-31: Fiscal Year End — The period covered by the annual report
• 2024-04-30: Filing Date — Date of the 10-K/A amendment submission

Year-Over-Year Comparison

This is an amendment (10-K/A) to the previously filed annual report for the fiscal year ended December 31, 2023. It indicates updates or corrections to the original filing.

Key Financial Figures

• $0.0001 — ction 12(b) of the Act: Common Stock, $0.0001 par value EAST The Nasdaq Stock Mar
• $10 million — rofit organization that has raised over $10 million dollars for various charitable organiza
• $1 million — al Swing & Soiree event has raised over $1 million dollars per year for the past 5 years.
• $75.00 — ise of warrants at an exercise price of $75.00 per share. (4) The address is 14 Wal
• $33.08 — ise of a six-year warrant at a price of $33.08 per share. (8) Includes 5,350 shares

Filing Documents

• form10-ka.htm (10-K/A) — 223KB
• form10-ka_001.jpg (GRAPHIC) — 17KB
• ex31-2.htm (EX-31.2) — 6KB
• 0001493152-24-017182.txt (&nbsp;) — 520KB
• east-20231231.xsd (EX-101.SCH) — 3KB
• east-20231231_lab.xml (EX-101.LAB) — 36KB
• east-20231231_pre.xml (EX-101.PRE) — 24KB
• form10-ka_htm.xml (XML) — 8KB

From the Filing

U. S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K/A (Amendment No. 1) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to _____________ Commission File Number 001-38182 EASTSIDE DISTILLING, INC. (Name of small business issuer as specified in its charter) Nevada 20-3937596 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 2321 NE Argyle Street , Unit D Portland , Oregon 97211 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (971) 888-4264 Securities registered pursuant to Section 12(b) of the Act: Common Stock, $0.0001 par value EAST The Nasdaq Stock Market LLC (Title of Each Class) (Trading Symbol) (Name of Each Exchange on Which Registered) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act: Yes No Indicate by check mark whether the registrant (1) has filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 day. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 if the Exchange Act. Large accelerated filer Accelerated reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262 (b)) by the registered public accounting firm that prepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to 240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act. Yes No The aggregate market value of the voting stock held by non-affiliates of the registrant at June 30, 2023, the last business day of the registrant's most recently completed second fiscal quarter was $ 4,351,325 based on the last reported sales price of the registrant's common stock as reported by the Nasdaq Stock Market on that date. As of March 31, 2024, 1,705,987 shares of our common stock were outstanding. Documents Incorporated by Reference: None. Documents Incorporated by Reference: None . Audit Firm ID Auditor Name Auditor Location 2738 M&K CPAS, PLLC Houston, TX Explanatory Note This Amendment No. 1 to Form 10-K (this "Amendment" or "Amendment No. 1") amends the Annual Report on Form 10-K for the fiscal year ended December 31, 2023 originally filed on April 1, 2024 (the "Original Filing") by Eastside Distilling, Inc., a Nevada corporation ("Eastside," "EAST," the" Company," "we," or "us"). We are f

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View this 10-K/A filing on SEC EDGAR