1847 Holdings LLC Files Q2 2024 10-Q Report
Ticker: LBRA · Form: 10-Q · Filed: Aug 19, 2024 · CIK: 1599407
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
1847 Holdings LLC filed its Q2 2024 10-Q. Check financials.
AI Summary
1847 Holdings LLC filed its quarterly report on Form 10-Q for the period ended June 30, 2024. The company, incorporated in Delaware, operates in management consulting services. Its principal executive offices are located at 590 Madison Avenue, New York, NY.
Why It Matters
This filing provides investors with an update on the financial performance and operational status of 1847 Holdings LLC for the second quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial and operational information.
Key Numbers
- 001-41368 — SEC File Number (Identifies the company's filings with the SEC.)
- 38-3922937 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- 1847 Holdings LLC (company) — Registrant
- June 30, 2024 (date) — Quarterly period end date
- 8742 (number) — Standard Industrial Classification Code for Management Consulting Services
- 001-41368 (number) — SEC File Number
- 590 Madison Avenue, 21st Floor, New York, NY 10022 (location) — Principal executive offices address
FAQ
What is the primary business of 1847 Holdings LLC?
1847 Holdings LLC is primarily involved in Services-Management Consulting Services, as indicated by its Standard Industrial Classification code 8742.
For what period is this 10-Q report filed?
This 10-Q report is filed for the quarterly period ended June 30, 2024.
Where are the principal executive offices of 1847 Holdings LLC located?
The principal executive offices are located at 590 Madison Avenue, 21st Floor, New York, NY 10022.
What is the company's state of incorporation?
The company is incorporated in Delaware.
What is the SEC file number for 1847 Holdings LLC?
The SEC file number for 1847 Holdings LLC is 001-41368.
Filing Stats: 4,701 words · 19 min read · ~16 pages · Grade level 20 · Accepted 2024-08-19 16:06:12
Filing Documents
- ea0210688-10q_1847hold.htm (10-Q) — 1838KB
- ea021068801ex4-3_1847hold.htm (EX-4.3) — 42KB
- ea021068801ex10-1_1847hold.htm (EX-10.1) — 69KB
- ea021068801ex10-2_1847hold.htm (EX-10.2) — 73KB
- ea021068801ex10-3_1847hold.htm (EX-10.3) — 15KB
- ea021068801ex10-4_1847hold.htm (EX-10.4) — 8KB
- ea021068801ex10-5_1847hold.htm (EX-10.5) — 116KB
- ea021068801ex10-6_1847hold.htm (EX-10.6) — 60KB
- ea021068801ex10-7_1847hold.htm (EX-10.7) — 11KB
- ea021068801ex10-11_1847hold.htm (EX-10.11) — 9KB
- ea021068801ex31-1_1847hold.htm (EX-31.1) — 11KB
- ea021068801ex31-2_1847hold.htm (EX-31.2) — 11KB
- ea021068801ex32-1_1847hold.htm (EX-32.1) — 5KB
- ea021068801ex32-2_1847hold.htm (EX-32.2) — 5KB
- 0001213900-24-070686.txt ( ) — 10032KB
- efsh-20240630.xsd (EX-101.SCH) — 74KB
- efsh-20240630_cal.xml (EX-101.CAL) — 104KB
- efsh-20240630_def.xml (EX-101.DEF) — 373KB
- efsh-20240630_lab.xml (EX-101.LAB) — 708KB
- efsh-20240630_pre.xml (EX-101.PRE) — 375KB
- ea0210688-10q_1847hold_htm.xml (XML) — 1606KB
Financial Statements
Financial Statements 1 Item 2.
Management's Discussion and Analysis of Financial
Management's Discussion and Analysis of Financial Condition and Results of Operations 26 Item 3.
Quantitative and Qualitative Disclosures About Market
Quantitative and Qualitative Disclosures About Market Risk 38 Item 4.
Controls and Procedures
Controls and Procedures 38 PART II OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 40 Item 1A.
Risk Factors
Risk Factors 40 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 40 Item 3. Defaults Upon Senior Securities 40 Item 4. Mine Safety Disclosures 40 Item 5. Other Information 40 Item 6. Exhibits 41 i PART I FINANCIAL INFORMATION ITEM 1. FINANCIAL 1847 HOLDINGS LLC UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Page Condensed Consolidated Balance Sheets as of June 30, 2024 (Unaudited) and December 31, 2023 2 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2024 and 2023 (Unaudited) 3 Condensed Consolidated Statements of Shareholders' Deficit for the Three and Six Months Ended June 30, 2024 and 2023 (Unaudited) 4 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2024 and 2023 (Unaudited) 6 Notes to Condensed Consolidated Financial Statements (Unaudited) 7 1 1847 HOLDINGS LLC CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2024 December 31, 2023 (Unaudited) ASSETS Current Assets Cash and cash equivalents $ 800,989 $ 731,944 Receivables, net 7,629,202 7,463,199 Contract assets 66,003 80,398 Inventories, net 6,730,114 7,601,444 Prepaid expenses and other current assets 1,202,508 897,696 Current assets of discontinued operations - 1,939,951 Total Current Assets 16,428,816 18,714,632 Property and equipment, net 1,349,771 1,810,144 Operating lease right-of-use assets 3,304,287 3,818,498 Long-term deposits 153,735 153,735 Intangible assets, net 4,133,449 4,974,348 Goodwill 9,051,052 9,808,335 Non-current assets of discontinued operations - 88,505 TOTAL ASSETS $ 34,421,110 $ 39,368,197 LIABILITIES AND SHAREHOLDERS' DEFICIT Current Liabilities Accounts payable and accrued expenses $ 15,423,374 $ 12,194,676 Contract liabilities 2,136,106 3,308,098 Due to related parties 193,762 193,762 Current portion of operating lease liabilities