10-Q/A Filing

1847 HOLDINGS LLC CIK: 1599407 Q1 2016

Filing Information

Form Type	10-Q/A
Accession Number	`0001477932-17-004924`
Period End Date	20160331
Filing Date	20171006
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	efsh-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 41 Income Statement 17 Cash Flow Statement 26

Balance Sheet 41 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`PropertyPlantAndEquipmentOwnedAccumulatedDepreciation`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$367.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$415.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Allocation shares, issued	`AllocationSharesIssued`	1,000.00	shares	Point-in-time
Allocation shares, issued	`AllocationSharesIssued`	1,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Allocation shares, outstanding	`AllocationSharesOutstanding`	1,000.00	shares	Point-in-time
Inventory	`InventoryNet`	-	USD	Point-in-time
Allocation shares, outstanding	`AllocationSharesOutstanding`	1,000.00	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$369.00	USD	Point-in-time
Common Shares, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Shares, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Shares, issued	`CommonStockSharesIssued`	3.12M	shares	Point-in-time
Common Shares, issued	`CommonStockSharesIssued`	3.12M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$369.00	USD	Point-in-time
Common Shares, outstanding	`CommonStockSharesOutstanding`	3.12M	shares	Point-in-time
Common Shares, outstanding	`CommonStockSharesOutstanding`	3.12M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $200,000 as of March 31, 2017	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Other assets	`OtherAssets`	-	USD	Point-in-time
Financing costs, net of accumulated amortization	`DeferredCostsCurrentAndNoncurrent`	-	USD	Point-in-time
Investments	`Investments`	$6.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$375.00	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$561.38K	USD	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	$108.88K	USD	Point-in-time
Promissory note	`PromissoryNote`	-	USD	Point-in-time
Uncertain tax liability	`ShortTermBorrowings`	-	USD	Point-in-time
Current portion of capital lease obligation	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	-	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$670.26K	USD	Point-in-time
Vesting note payable	`LongTermNotesPayable`	-	USD	Point-in-time
Capital lease obligation, net of current portion	`CapitalLeaseObligationsNoncurrent`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$670.26K	USD	Point-in-time
Allocation shares, 1,000 shares issued and outstanding	`AllocationSharesIssuedAndOutstandingValue`	$1.00K	USD	Point-in-time
Common Shares, 500,000,000 shares authorized, 3,115,500 shares issued and outstanding as of March 31, 2017 and December 31, 2016	`CommonStockValue`	$7.00	USD	Point-in-time
Additional Paid In Capital	`AdditionalPaidInCapital`	$15.00K	USD	Point-in-time
Accumulated (Deficit)	`RetainedEarningsAccumulatedDeficit`	$-685.89K	USD	Point-in-time
TOTAL SHAREHOLDERS' (DEFICIT)	`StockholdersEquity`	$-669.88K	USD	Point-in-time
NONCONTROLLING INTERESTS	`MinorityInterest`	-	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-669.88K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$375.00	USD	Point-in-time

Income Statement 17 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	1 Quarter
COST OF SALES	`CostOfGoodsSold`	-	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$39.34K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$39.34K	USD	1 Quarter
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-39.34K	USD	1 Quarter
Financing costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Gain on acquisition	`DeferredPolicyAcquisitionCostUnrealizedInvestmentGainLoss`	-	USD	1 Quarter
TOTAL OTHER INCOME	`NonoperatingIncomeExpense`	-	USD	1 Quarter
NET GAIN (LOSS) FROM OPERATIONS	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-39.34K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-39.34K	USD	1 Quarter
Less net income (loss) attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	-	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS	`IncomeLossFromContinuingOperations`	$-39.34K	USD	1 Quarter
Net Loss Per Share: Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted-average number of common shares outstanding: Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.12M	shares	1 Quarter

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-39.34K	USD	1 Quarter
Gain on acquisition	`DeferredPolicyAcquisitionCostUnrealizedInvestmentGainLoss`	-	USD	1 Quarter
Depreciation expense	`Depreciation`	-	USD	1 Quarter
Amortization of financing costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Increase accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Decrease in inventory	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	-	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	1 Quarter
Increase in other liabilitites	`IncreaseDecreaseInOtherOperatingLiabilities`	$43.80K	USD	1 Quarter
Increase in deferred tax liability	`IncreaseDecreaseInDeferredLiabilities`	-	USD	1 Quarter
Net provided by in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.45K	USD	1 Quarter
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.50K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.50K	USD	1 Quarter
Financings costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Loans from (repayments to) related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-4.50K	USD	1 Quarter
Net cash (used) in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.50K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-48.00	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$367.00	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$415.00	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$367.00	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$415.00	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.