v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current Assets      
Cash $ 99,542 $ 453,162 $ 76,878
Accounts Receivable 199,279 638,890 721,932
Inventory 2,505,488 2,471,567 2,756,350
Other Current Assets 445,458 355,928 1,717,650
Total Current Assets 3,249,767 3,919,547 5,272,810
Long Term Assets      
Property and Equipment, net of Accumulated Depreciation 5,106,872 5,449,412 6,428,112
Operating Lease Right-of-Use Assets, net 3,389,361 3,303,158 3,658,493
Investment in Flavored Bourbon LLC 14,285,222 14,285,222 10,864,000
Intangible Assets (Note 8) 403,865 421,151
Goodwill (Note 8) 589,870 589,870
Other Long Term Assets 38,566 31,666 44,817
Total Long Term Assets 23,813,756 24,080,479 20,995,422
Total Assets 27,063,523 28,000,026 26,268,232
Current Liabilities      
Accounts Payable 5,519,332 4,979,353 5,228,786
Accrued Payroll 921,454 950,974 1,321,298
Accrued Tax Liability 1,478,668 1,535,628 1,468,994
Other Current Liabilities 1,152,267 1,253,052 1,827,013
Operating Lease Liabilities, Current 1,214,478 1,131,545 1,294,706
Notes Payable, Current 3,474,242 3,758,595 14,270,956
Convertible Notes Payable   36,283,891
Accrued Interest 174,791 202,367 1,152,998
Total Current Liabilities 13,935,232 13,811,514 62,848,642
Long Term Liabilities      
Operating Lease Liabilities, net of Current Portion 2,809,007 2,810,015 3,081,924
Notes Payable, net of Current Portion 9,485,939 9,482,339
Convertible Notes Payable   1,452,562
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 6,842,046
Total Liabilities 27,392,499 27,208,259 69,690,688
Commitments and Contingencies (Note 10)
Stockholders’ Equity / (Deficit)      
Preferred Stock, value   49
Common Stock, value 721 556 67
Additional Paid-In-Capital 76,837,302 74,925,180 31,421,953
Accumulated Deficit (77,167,065) (74,134,018) (74,844,476)
Total Stockholders’ Equity / (Deficit) (328,976) 791,767 (43,422,456)
Total Liabilities & Stockholders’ Equity / (Deficit) 27,063,523 28,000,026 26,268,232
Preferred Class A [Member]      
Stockholders’ Equity / (Deficit)      
Preferred Stock, value 49 49  
Preferred Class B [Member]      
Stockholders’ Equity / (Deficit)      
Preferred Stock, value 17  
Whiskey Notes [Member]      
Long Term Liabilities      
Convertible Notes Payable 1,452,562
Warrant Liabilities   1,512,692
2022 and 2023 Convertible Notes [Member]      
Long Term Liabilities      
Warrant Liabilities $ 794,868