10-K/A Filing

1847 HOLDINGS LLC CIK: 1599407 FY 2018

Filing Information

Form Type	10-K/A
Accession Number	`0001477932-19-002147`
Period End Date	20181231
Filing Date	20190429
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	efsh-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 46 Cash Flow Statement 80 Stockholders Equity 9

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Accrued interest	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$7.55K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$333.88K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$501.42K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$549.57K	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, net	`AccountsReceivableNetCurrent`	$310.36K	USD	Point-in-time
Inventories, net	`InventoryNet`	$836.57K	USD	Point-in-time
Allocation shares, outstanding	`AllocationSharesOutstanding`	1,000.00	shares	Point-in-time
Allocation shares, outstanding	`AllocationSharesOutstanding`	1,000.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$487.69K	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$145.98K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$174.88K	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	3.12M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.82M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	3.12M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.52M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.49M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	3.12M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.10M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	3.12M	shares	Point-in-time
Goodwill	`Goodwill`	$22.17K	USD	Point-in-time
Goodwill	`Goodwill`	$22.17K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$21.53K	USD	Point-in-time
Other assets	`OtherAssets`	$375.00	USD	Point-in-time
Other assets	`OtherAssets`	$6.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.97M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.05M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.20M	USD	Point-in-time
Line of credit	`LineOfCredit`	-	USD	Point-in-time
Line of credit	`LineOfCredit`	$675.00K	USD	Point-in-time
Floor plan payable	`FloorPlanPayable`	$168.14K	USD	Point-in-time
Floor plan payable	`FloorPlanPayable`	$109.10K	USD	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	$174.33K	USD	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	$179.70K	USD	Point-in-time
Note payable related party, including accrued interest of $7,549 as of December 31, 2018	`NotePayableRelatedPartyIncludingAccruedInterest`	-	USD	Point-in-time
Note payable related party, including accrued interest of $7,549 as of December 31, 2018	`NotePayableRelatedPartyIncludingAccruedInterest`	$124.55K	USD	Point-in-time
Notes payable - current portion	`ShortTermBankLoansAndNotesPayable`	$14.25K	USD	Point-in-time
Notes payable - current portion	`ShortTermBankLoansAndNotesPayable`	$293.64K	USD	Point-in-time
Promissory note payable	`PromissoryNote`	$1.02M	USD	Point-in-time
Promissory note payable	`PromissoryNote`	-	USD	Point-in-time
Uncertain tax liability	`ShortTermBorrowings`	$126.00K	USD	Point-in-time
Uncertain tax liability	`ShortTermBorrowings`	$8.00K	USD	Point-in-time
Current portion of capital lease obligation	`CapitalLeaseObligationsCurrent`	$615.35K	USD	Point-in-time
Current portion of capital lease obligation	`CapitalLeaseObligationsCurrent`	$299.16K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.21M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$3.86M	USD	Point-in-time
Non-current notes-payable	`LongTermNotesPayable`	$58.02K	USD	Point-in-time
Non-current notes-payable	`LongTermNotesPayable`	$3.26M	USD	Point-in-time
Promissory note payable	`PromissoryNotePayable`	$1.02M	USD	Point-in-time
Promissory note payable	`PromissoryNotePayable`	-	USD	Point-in-time
Vesting note payable	`OtherLongTermNotesPayable`	-	USD	Point-in-time
Vesting note payable	`OtherLongTermNotesPayable`	$395.63K	USD	Point-in-time
Non-current deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$364.60K	USD	Point-in-time
Non-current deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$988.60K	USD	Point-in-time
Accrued expenses long term	`AccruedLiabilitiesCurrentAndNoncurrent`	-	USD	Point-in-time
Accrued expenses long term	`AccruedLiabilitiesCurrentAndNoncurrent`	$451.86K	USD	Point-in-time
Capital lease obligation, net of current portion	`CapitalLeaseObligationsNoncurrent`	$763.24K	USD	Point-in-time
Capital lease obligation, net of current portion	`CapitalLeaseObligationsNoncurrent`	$3.15M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.08M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$8.46M	USD	Point-in-time
Allocation shares, 1,000 shares issued and outstanding	`AllocationSharesIssuedAndOutstandingValue`	$1.00K	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, 3,115,625 shares issued and outstanding as of December 31, 2018 and 2017	`CommonStockValue`	$3.12K	USD	Point-in-time
Common Shares, 500,000,000 shares authorized, 3,115,625 shares issued and outstanding as of December 31, 2018 and 2017	`CommonStockValue`	$3.12K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.89K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.89K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-1.16M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-2.16M	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.14M	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.14M	USD	Point-in-time
NONCONTROLLING INTERESTS	`MinorityInterest`	$658.52K	USD	Point-in-time
NONCONTROLLING INTERESTS	`MinorityInterest`	$112.01K	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-485.19K	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-669.88K	USD	Point-in-time
TOTAL SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-2.03M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$7.97M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$6.05M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Services	`Services`	$4.63M	USD	Annual
Services	`Services`	$3.99M	USD	Annual
Sales and other	`SalesAndOther`	$2.42M	USD	Annual
Sales and other	`SalesAndOther`	$2.70M	USD	Annual
TOTAL REVENUE	`Revenues`	$7.33M	USD	Annual
TOTAL REVENUE	`Revenues`	$6.41M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$1.90M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.37M	USD	Annual
Personnel costs	`PersonnelCosts`	$2.06M	USD	Annual
Personnel costs	`PersonnelCosts`	$2.27M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.13M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.44M	USD	Annual
Fuel	`FuelCosts`	$1.12M	USD	Annual
Fuel	`FuelCosts`	$700.32K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$2.01M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.65M	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$7.80M	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$8.85M	USD	Annual
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.52M	USD	Annual
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.39M	USD	Annual
Financing costs and loss on early extinguishment of debt	`FinancingCostsAndLossOnEarlyExtinguishmentOfDebt`	-	USD	Annual
Financing costs and loss on early extinguishment of debt	`FinancingCostsAndLossOnEarlyExtinguishmentOfDebt`	$-536.49K	USD	Annual
Write-down of assets	`AssetImpairmentCharges`	-	USD	Annual
Write-down of assets	`AssetImpairmentCharges`	$129.40K	USD	Annual
Write-off of contingent consideration	`InventoryWriteDown`	$-395.63K	USD	Annual
Write-off of contingent consideration	`InventoryWriteDown`	-	USD	Annual
Interest expense	`InterestExpense`	$616.38K	USD	Annual
Interest expense	`InterestExpense`	$562.63K	USD	Annual
Gain (loss) on sale of fixed assets	`GainLossOnDispositionOfAssets`	$28.41K	USD	Annual
Gain (loss) on sale of fixed assets	`GainLossOnDispositionOfAssets`	$275.50K	USD	Annual
TOTAL OTHER INCOME (LOSS)	`NonoperatingIncomeExpense`	$-370.17K	USD	Annual
TOTAL OTHER INCOME (LOSS)	`NonoperatingIncomeExpense`	$-804.48K	USD	Annual
NET LOSS BEFORE INCOME TAXES AND NON-CONTROLLING INTERESTS	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.76M	USD	Annual
NET LOSS BEFORE INCOME TAXES AND NON-CONTROLLING INTERESTS	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.32M	USD	Annual
PROVISION FOR INCOME TAXES (BENEFIT)	`IncomeTaxExpenseBenefit`	$-1.09M	USD	Annual
PROVISION FOR INCOME TAXES (BENEFIT)	`IncomeTaxExpenseBenefit`	$-781.20K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-1.54M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-668.18K	USD	Annual
Less net loss attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$-546.51K	USD	Annual
Less net loss attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$-194.34K	USD	Annual
NET LOSS ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS	`IncomeLossFromContinuingOperations`	$-473.84K	USD	Annual
NET LOSS ATTRIBUTABLE TO 1847 HOLDINGS SHAREHOLDERS	`IncomeLossFromContinuingOperations`	$-995.36K	USD	Annual
Net Loss Per Common Share: Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	Annual
Net Loss Per Common Share: Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.50	USD	Annual
Weighted-average number of common shares outstanding: Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.12M	shares	Annual
Weighted-average number of common shares outstanding: Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.12M	shares	Annual

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.54M	USD	Annual
Net loss	`NetIncomeLoss`	$-668.18K	USD	Annual
Gain on sale of fixed assets	`GainLossOnDispositionOfAssets`	$28.41K	USD	Annual
Gain on sale of fixed assets	`GainLossOnDispositionOfAssets`	$275.50K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.13M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.44M	USD	Annual
Amortization of financing costs	`AmortizationOfFinancingCosts`	$29.28K	USD	Annual
Amortization of financing costs	`AmortizationOfFinancingCosts`	$29.24K	USD	Annual
Write-off of contingent consideration	`InventoryWriteDown`	$-395.63K	USD	Annual
Write-off of contingent consideration	`InventoryWriteDown`	-	USD	Annual
Write-down of assets	`AssetImpairmentCharges`	-	USD	Annual
Write-down of assets	`AssetImpairmentCharges`	$129.40K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$536.53K	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Financing costs	`PaymentsOfFinancingCosts`	$42.51K	USD	Annual
Increase accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-153.67K	USD	Annual
Increase accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-239.21K	USD	Annual
Decrease in inventory	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$240.35K	USD	Annual
Decrease in inventory	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$201.34K	USD	Annual
Decrease (increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-28.18K	USD	Annual
Decrease (increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-27.29K	USD	Annual
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$452.03K	USD	Annual
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$433.74K	USD	Annual
Increase in uncertain tax position	`IncomeTaxReconciliationTaxContingencies`	-	USD	Annual
Increase in uncertain tax position	`IncomeTaxReconciliationTaxContingencies`	$-3.00K	USD	Annual
Decrease in deferred tax liability and prepaid tax	`IncreaseDecreaseInDeferredLiabilities`	$-1.17M	USD	Annual
Decrease in deferred tax liability and prepaid tax	`IncreaseDecreaseInDeferredLiabilities`	$-742.00K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$-5.37K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$70.83K	USD	Annual
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.79K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-127.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-416.69K	USD	Annual
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	-	USD	Annual
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$338.41K	USD	Annual
Proceeds from the sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$320.77K	USD	Annual
Proceeds from the sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$369.27K	USD	Annual
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.15M	USD	Annual
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.81K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$309.97K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-438.21K	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$675.00K	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$463.14K	USD	Annual
Note Payable related party	`ProceedsFromRelatedPartyDebt`	$117.00K	USD	Annual
Note Payable related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Repayment of line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-275.00K	USD	Annual
Repayment of line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-325.20K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$16.30K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$397.46K	USD	Annual
Repayments of notes payable	`ProceedsFromShortTermDebt`	$-75.53K	USD	Annual
Repayments of notes payable	`ProceedsFromShortTermDebt`	-	USD	Annual
Principal payments on capital lease obligation	`ProceedsFromShortTermCapitalLeaseObligations`	$-596.40K	USD	Annual
Principal payments on capital lease obligation	`ProceedsFromShortTermCapitalLeaseObligations`	$-150.59K	USD	Annual
Loans from (repayments to) related party	`RepaymentOfNotesReceivableFromRelatedParties`	-	USD	Annual
Loans from (repayments to) related party	`RepaymentOfNotesReceivableFromRelatedParties`	$759.65K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-350.50K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.36M	USD	Annual
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-167.54K	USD	Annual
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$501.42K	USD	Annual
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$333.88K	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$501.42K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$333.88K	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$501.42K	USD	Point-in-time
Interest paid	`InterestPaid`	$811.85K	USD	Annual
Interest paid	`InterestPaid`	$366.49K	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	$78.60K	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Acquisition of subsidiary	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$5.51M	USD	Annual
Grant of non-controlling interest	`GrantOfNoncontrollingInterest`	$852.86K	USD	Annual
Grant of non-controlling interest	`GrantOfNoncontrollingInterest`	-	USD	Annual
Inventory converted to fixed assets	`InventoryConvertedToFixedAssets`	-	USD	Annual
Inventory converted to fixed assets	`InventoryConvertedToFixedAssets`	$108.53K	USD	Annual
Refinancing of capital lease	`RepaymentOfCapitalLease`	$2.78M	USD	Annual
Refinancing of capital lease	`RepaymentOfCapitalLease`	-	USD	Annual
Refinancing of Kenworth loan	`RepaymentOfKenworthLoan`	-	USD	Annual
Refinancing of Kenworth loan	`RepaymentOfKenworthLoan`	$65.26K	USD	Annual
Refinancing of line of credit	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Refinancing of line of credit	`RepaymentsOfLinesOfCredit`	$753.04K	USD	Annual

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$-485.19K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-669.88K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-2.03M	USD	Point-in-time
Non-controlling interest granted in the acquisition of Neese, Inc.	`NoncontrollingInterestGrantedinAcquisitionOfNeeseInc.`	$852.86K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.54M	USD	Annual
Net loss	`NetIncomeLoss`	$-668.18K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$-485.19K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-669.88K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-2.03M	USD	Point-in-time

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