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Business Segment Information | 9 Months Ended | 12 Months Ended
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Sep. 30, 2024 | Dec. 31, 2023
Segment Reporting [Abstract] |  |
Business Segment Information | 5. Business Segment Information As of September 30, 2024, the Company’s internal management financial reporting consisted of Bridgetown and corporate. The Bridgetown brands span several alcoholic beverage categories, including whiskey, vodka, rum, and tequila and are sold on a wholesale basis to distributors in open states, and to brokers in control states. The Company’s principal area of operation is in the U.S. It has one Bridgetown customer that represents 67% of its revenue. Corporate consists of key executive and accounting personnel and corporate expenses such as public company and board costs, as well as interest on debt. The measure of profitability reviewed are condensed statements of operations and gross margins. These business segments reflect how operations are managed, operating performance is evaluated and the structure of internal financial reporting. Total asset information by segment is not provided to, or reviewed by, the chief operating decision maker (“CODM”) as it is not used to make strategic decisions, allocate resources or assess performance. The accounting policies of the segments are the same as those described for the Company in the Summary of Significant Accounting Policies in Note 3. Segment information was as follows for the nine months ended September 30: Schedule of Segment Information
(Dollars in thousands) |  | 2024 |  |  | 2023 |
Bridgetown |  |  |  |  |  |  |  |
Sales |  | $ | 2,106 |  |  | $ | 3,080 |
Net sales |  |  | 1,977 |  |  |  | 2,939 |
Cost of sales |  |  | 1,476 |  |  |  | 1,940 |
Gross profit |  |  | 501 |  |  |  | 999 |
Total operating expenses |  |  | 698 |  |  |  | 1,183 |
Net loss |  |  | (162 | ) |  |  | (130 | )
Gross margin |  |  | 25 | % |  |  | 34 | %
Depreciation and amortization |  |  | 99 |  |  |  | 114 |
Corporate |  |  |  |  |  |  |  |
Total operating expenses |  | $ | 1,149 |  |  | $ | 1,287 |
Net loss |  |  | (2,112 | ) |  |  | (3,455 | )
Interest expense |  |  | 965 |  |  |  | 850 |
Significant noncash items: |  |  |  |  |  |  |  |
Stock compensation |  |  | - |  |  |  | 98 |
| 5. Business Segment Information The Company’s internal management financial reporting consists of Eastside spirits and corporate. The spirits brands span several alcoholic beverage categories, including whiskey, vodka, rum, and tequila and are sold on a wholesale basis to distributors in open states, and to brokers in control states. The Company’s principal area of operation is in the U.S. It has one spirits customer that represents 19% of its revenue. Corporate consists of key executive and accounting personnel and corporate expenses such as public company and board costs, as well as interest on debt. The measure of profitability reviewed are condensed statements of operations and gross margins. These business segments reflect how operations are managed, operating performance is evaluated and the structure of internal financial reporting. Total asset information by segment is not provided to, or reviewed by, the chief operating decision maker (“CODM”) as it is not used to make strategic decisions, allocate resources or assess performance. The accounting policies of the segments are the same as those described for the Company in the Summary of Significant Accounting Policies in Note 3. Eastside Distilling, Inc. and Subsidiaries Notes to Consolidated Financial Statements December 31, 2023 Segment information was as follows for the years ended December 31: Schedule of Segment Information
(Dollars in thousands) |  | 2023 |  |  | 2022 |
Spirits |  |  |  |  |  |  |  |
Sales |  | $ | 3,981 |  |  | $ | 8,701 |
Net sales |  |  | 3,787 |  |  |  | 8,357 |
Cost of sales |  |  | 2,609 |  |  |  | 5,101 |
Gross profit |  |  | 1,178 |  |  |  | 3,256 |
Total operating expenses |  |  | 1,476 |  |  |  | 2,532 |
Net loss |  |  | (601 | ) |  |  | (6,781 | )
Gross margin |  |  | 31 | % |  |  | 39 | %
Depreciation and amortization |  | $ | 149 |  |  | $ | 161 |
Significant noncash items: |  |  |  |  |  |  |  |
(Gain) loss on disposal of property and equipment |  |  | 3 |  |  |  | (7 | )
Impairment loss |  |  | 364 |  |  |  | 7,453 |
Corporate |  |  |  |  |  |  |  |
Total operating expenses |  | $ | 1,768 |  |  | $ | 3,064 |
Net loss |  |  | (4,185 | ) |  |  | (5,236 | )
Net Income (loss) |  |  | (4,185 | ) |  |  | (5,236 | )
Interest expense |  | $ | 1,096 |  |  | $ | 2,172 |
Significant noncash items: |  |  |  |  |  |  |  |
Stock compensation |  |  | 246 |  |  |  | 325 |
Loss on debt to equity conversion |  |  | 1,321 |  |  |  | - |
Eastside Distilling, Inc. and Subsidiaries Notes to Consolidated Financial Statements December 31, 2023

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