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Eastside Distilling (Eastside Distilling) Intangible Assets : $4.94 Mil (As of Mar. 2024)


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What is Eastside Distilling Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Eastside Distilling's intangible assets for the quarter that ended in Mar. 2024 was $4.94 Mil.


Eastside Distilling Intangible Assets Historical Data

The historical data trend for Eastside Distilling's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastside Distilling Intangible Assets Chart

Eastside Distilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.28 14.27 13.80 5.87 5.06

Eastside Distilling Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.75 5.66 5.54 5.06 4.94

Eastside Distilling Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Eastside Distilling  (NAS:EAST) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Eastside Distilling Intangible Assets Related Terms

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Eastside Distilling (Eastside Distilling) Business Description

Traded in Other Exchanges
N/A
Address
2321 NE Argyle Street, Unit D, Portland, OR, USA, 97211
Eastside Distilling Inc is a producer and marketer of Craft Canning + Printing and spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in a two segment of packaging, producing, marketing, and distributing alcoholic beverages. Craft Canning + Printing includes, Digital Can Printing, Co-packing Facility and Mobile Canning. The company distributes its products in 33 states of the United States.
Executives
Elizabeth Ann Levy-navarro director C/O EASTSIDE DISTILLING, INC., 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220
Eric J. Finnsson director C/O EASTSIDE DISTILLING, INC., 1001 SE WATER AVENUE, #390 OR 97214
Bigger Capital Fund Gp, Llc 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Bigger Capital, Llc 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Gp Llc 10 percent owner 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
District 2 Holdings Llc 10 percent owner 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
Bigger Capital Fund L P 10 percent owner 159 JENNINGS RD, COLD SPRING HARBOR NY 11724
District 2 Capital Fund Lp 10 percent owner 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
B.a.d. Company, Llc 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Capital Lp 10 percent owner 175 W CARVER STREET, HUNTINGTON NY 11743
Michael Bigger 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Geoffrey C Gwin officer: Chief Financial Officer 238 BLACK ROCK TPK, REDDING CT 06896
Joseph D Giansante director 2321 NE ARGYLE STREET, UNIT D, PORTLAND OR 97211
Patrick J. Kilkenny 10 percent owner P.O. BOX 1641, RANCHO SANTA FE CA 92067
Amy Lee Brassard officer: Corporate Secretary 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220