v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 1,987,301 $ 2,502,450
Restricted cash 1,358,968
Accounts receivable, net 8,125,000 5,833,370
Contract assets 4,178,899 1,892,532
Inventories, net 230,382 474,653
Prepaid expenses and other current assets 79,211 568,520
Total Current Assets 14,600,793 12,630,493
Property and equipment, net 870,576 1,116,006
Operating lease right-of-use assets 1,806,255 2,017,482
Long-term deposits 18,942 49,535
Intangible assets, net 11,557,214 12,524,346
Goodwill 5,309,876 5,309,876
TOTAL ASSETS 34,163,656 33,647,738
Current Liabilities    
Accounts payable and accrued expenses 17,945,060 6,159,950
Contract liabilities 803,045 1,199,587
Current portion of operating lease liabilities 432,333 598,534
Current portion of finance lease liabilities 192,505 182,043
Current portion of notes payable, net 6,476,121 7,785,911
Current portion of convertible notes payable, net 22,751,184 22,089,149
Derivative liabilities 185,000
Warrant liabilities 8,424,500 85,779,788
Total Current Liabilities 57,666,720 124,558,252
Operating lease liabilities, net of current portion 1,445,726 1,473,795
Finance lease liabilities, net of current portion 230,693 423,198
Notes payable, net of current portion 8,530
Deferred tax liabilities, net 3,585,000 3,650,000
TOTAL LIABILITIES 63,551,493 130,113,775
Shareholders’ Deficit    
Allocation shares, 1,000 shares authorized; 1,000 shares issued and outstanding as of December 31, 2025 and 2024 1,000 1,000
Common shares, $0.001 par value, 2,000,000,000 shares authorized; 61,918,659 and 25,400,386 shares issued and outstanding as of December 31, 2025 and 2024, respectively 61,919 25,400
Additional paid-in capital 80,046,958 79,403,793
Accumulated deficit (109,599,852) (175,096,154)
TOTAL 1847 HOLDINGS SHAREHOLDERS’ DEFICIT (27,308,196) (94,622,514)
NONCONTROLLING INTERESTS (2,079,641) (1,843,523)
TOTAL SHAREHOLDERS’ DEFICIT (29,387,837) (96,466,037)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 34,163,656 33,647,738
Series A Senior Convertible Preferred Shares    
Shareholders’ Deficit    
Senior convertible preferred shares, value 39,877 39,877
Series C Senior Convertible Preferred Shares    
Shareholders’ Deficit    
Senior convertible preferred shares, value 403,470 403,470
Series D Senior Convertible Preferred Shares    
Shareholders’ Deficit    
Senior convertible preferred shares, value 600,100 600,100
Series F Convertible Preferred Shares    
Shareholders’ Deficit    
Senior convertible preferred shares, value 1,138,332
Related Party    
Current Liabilities    
Current portion of related party note payable 641,972 578,290
Related party note payable, net of current portion $ 623,354