Reed's (REED) 10-Q 15 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 30, 2018
Document And Entity Information
Entity Registrant Name	REED'S, INC.
Entity Central Index Key	1,140,215
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		25,036,043
Trading Symbol	REED
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash	$ 3,376,000	$ 12,127,000
Accounts receivable, net of allowance for doubtful accounts and returns and discounts of $569,000 and $601,000, respectively	2,464,000	2,691,000
Inventory, net of reserve for obsolescence of $451,000 and $509,000, respectively	6,835,000	5,931,000
Prepaid expenses and other current assets	316,000	199,000
Total Current Assets	12,991,000	20,948,000
Property and equipment, net of accumulated depreciation and impairment reserves of $9,506,000 and $9,339,000, respectively	203,000	353,000
Equipment held for sale	2,184,000	2,370,000
Intangible assets	805,000	805,000
Total assets	16,183,000	24,476,000
Current Liabilities:
Accounts payable	4,543,000	7,480,000
Accrued expenses	207,000	220,000
Advances from officers		277,000
Line of credit		3,301,000
Current portion of capital leases payable	186,000	198,000
Current portion of long term financing obligation	231,000	222,000
Bank notes	6,440,000	6,947,000
Total current liabilities	11,607,000	18,645,000
Capital leases payable, less current portion	243,000	236,000
Long term financing obligation, less current portion, net of discount of $687,000 and $714,000, respectively	1,219,000	1,250,000
Convertible note to a related party	3,802,000	3,690,000
Warrant liability	41,000	36,000
Other long term liabilities	104,000	111,000
Total Liabilities	17,016,000	23,968,000
Stockholders’ equity (deficit):
Series A Convertible Preferred stock, $10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding	94,000	94,000
Common stock, $.0001 par value, 40,000,000 shares authorized, 25,036,043 and 24,619,591 shares issued and outstanding, respectively	2,000	2,000
Common stock issuable, 838,140 and 400,000 shares, respectively	84,000	680,000
Additional paid in capital	50,703,000	49,833,000
Accumulated deficit	(51,716,000)	(50,101,000)
Total stockholders’ equity (deficit)	(833,000)	508,000
Total liabilities and stockholders’ equity (deficit)	$ 16,183,000	$ 24,476,000

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts and returns and discounts	$ 569,000	$ 601,000
Inventory, reserve for obsolescence net	451,000	509,000
Property and equipment, accumulated depreciation and impairment reserves	9,506,000	9,339,000
Long term financing obligation, discount	$ 687,000	$ 714,000
Series A Convertible Preferred stock, par value	$ 10	$ 10
Series A Convertible Preferred stock, shares authorized	500,000	500,000
Series A Convertible Preferred stock, shares issued	9,411	9,411
Series A Convertible Preferred stock, shares outstanding	9,411	9,411
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	25,036,043	24,619,591
Common stock, shares outstanding	25,036,043	24,619,591
Common stock issuable shares	838,140	400,000

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Net Sales	$ 8,288,000	$ 8,295,000
Cost of goods sold	5,985,000	7,239,000
Gross profit	2,303,000	1,056,000
Operating expenses:
Delivery and handling expense	956,000	743,000
Selling and marketing expense	1,013,000	788,000
General and administrative expense	1,459,000	1,111,000
Total operating expenses	3,428,000	2,642,000
Loss from operations	(1,125,000)	(1,586,000)
Interest expense	(485,000)	(416,000)
Change in fair value of warrant liability	(5,000)	9,000
Net loss attributable to common stockholders	$ (1,615,000)	$ (1,993,000)
Loss per share – basic and diluted	$ (0.06)	$ (0.14)
Weighted average number of shares outstanding – basic and diluted	24,989,863	13,982,230

Condensed Statement of Changes

Condensed Statement of Changes in Stockholders' Deficit (Unaudited) - 3 months ended Mar. 31, 2018 - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Common Stock Issuable [Member]	Additional Paid In Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2017	$ 2,000	$ 94,000	$ 680,000	$ 49,833,000	$ (50,101,000)	$ 508,000
Balance, Shares at Dec. 31, 2017	24,619,591	9,411	400,000
Fair value of vested options				161,000		161,000
Fair value vesting of restricted common stock			$ 113,000			113,000
Fair value vesting of restricted common stock, shares			854,592
Common shares issued to Directors for services provided in 2018			$ (709,000)	709,000
Common shares issued to Directors for services provided in 2018, shares	416,452		(416,452)
Net loss					(1,616,000)	(1,615,000)
Balance at Mar. 31, 2018	$ 2,000	$ 94,000	$ 84,000	$ 50,703,000	$ (51,716,000)	$ (833,000)
Balance, Shares at Mar. 31, 2018	25,036,043	9,411	838,140

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net loss	$ (1,615,000)	$ (1,993,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	177,000	121,000
Amortization of debt discount	28,000	73,000
Loss on sale of property and equipment	26,000
Fair value of vested stock options issued to employees	161,000	140,000
Fair value of common stock issuable for services	113,000
(Decrease) increase in allowance for doubtful accounts	(32,000)	26,000
(Decrease) increase in inventory reserve	(58,000)	50,000
(Decrease) increase in fair value of warrant liability	5,000	(9,000)
Accrual of interest on Convertible Note Payable	112,000
Changes in operating assets and liabilities:
Accounts receivable	259,000	45,000
Inventory	(846,000)	1,319,000
Prepaid expenses and other assets	(117,000)	124,000
Accounts payable	(2,829,000)	656,000
Accrued expenses	(13,000)	6,000
Other long term obligations	(7,000)	(31,000)
Net cash used in operating activities	(4,636,000)	527,000
Cash flows from investing activities:
Proceeds from sale of property and equipment	69,000	0
Purchase of property and equipment		(41,000)
Net cash provided by (used in) investing activities	69,000	(41,000)
Cash flows from financing activities:
Repayments on line of credit	(3,301,000)	(854,000)
Principal repayments on capital expansion loan	(507,000)	(177,000)
Principal repayments on long term financial obligation	(50,000)	(44,000)
Net borrowings (repayments) on advances	(277,000)	380,000
Principal repayments on capital lease obligation	(49,000)	(45,000)
Net cash used in financing activities	(4,184,000)	(740,000)
Net decrease  in cash	(8,751,000)	(254,000)
Cash at beginning of period	12,127,000	451,000
Cash at end of period	3,376,000	197,000
Supplemental disclosures of cash flow information:
Interest	334,000	400,000
Non Cash Investing and Financing Activities
Property and equipment acquired through capital expansion loan		288,000
Property and equipment acquired through capital lease	44,000
Vendor credits issued for fixed asset purchases	108,000
Assets sold to third parties at cost	$ 69,000

Basis of Presentation and Liqui

Basis of Presentation and Liquidity	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Liquidity	1. Basis of Presentation and Liquidity The accompanying interim condensed financial statements are unaudited, but in the opinion of management of Reed’s, Inc. (the “Company”), contain all adjustments, which include normal recurring adjustments necessary to present fairly the financial position at March 31, 2018 and the results of operations and cash flows for the three months ended March 31, 2018 and 2017. The balance sheet as of December 31, 2017 is derived from the Company’s audited financial statements. Certain information and footnote disclosures normally included in financial statements that have been prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, although management of the Company believes that the disclosures contained in these condensed financial statements are adequate to make the information presented herein not misleading. For further information, refer to the financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on April 2, 2018. The results of operations for the three months ended March 31, 2018 are not necessarily indicative of the results of operations to be expected for the full fiscal year ending December 31, 2018. Liquidity The accompanying financial statements have been prepared under the assumption that the Company will continue as a going concern. Such assumption contemplates the realization of assets and satisfaction of liabilities in the normal course of business. For the three months ended March 31, 2018, the Company recorded a net loss of $1,615,000 and used cash from operations of $4,636,000. As of March 31, 2018, we had a stockholder’s deficit of $833,000 and working capital of $1,384,000 compared to stockholder’s equity of $508,000 and working capital of $2,303,000 at December 31, 2017. As of March 31, 2018, the Company had a cash balance of $3,376,000 and had available borrowing on our existing line of credit of $4,432,000 for a total of $7,808,000 of cash availability. Our line of credit expires in October 2018, which we believe will be renewed and or be replaced. In addition, the Company’s bank notes (“Notes”), totaling $6.9 million also become due in October 2018. The Company believes it can successfully restructure its debt before the Notes mature utilizing a combination of the cash on hand and or the cash realized from an anticipated sale of our plant facility and other assets. Furthermore, the anticipated sale of the Company’s facility is expected to relieve the Company of its long term financing obligation. Historically, we have financed our operations primarily through private sales of common stock, issuance of preferred stock, a line of credit from a financial institution, and cash generated from operations. We anticipate our primary capital source will be positive cash flow from operations. If our sales goals do not materialize as planned, we believe the Company can reduce its operating costs and achieve positive cash flow from operations. However, we may not generate sufficient revenues from product sales in the future to achieve profitable operations. If we are not able to achieve profitable operations at some point in the future, or restructure our debt as planned, we may have insufficient working capital to maintain our operations as we presently intend to conduct them or to fund our expansion, marketing, and product development plans. There can be no assurance we will be able to obtain such financing on acceptable terms, or at all. The Company anticipates a closing of the sale of our Los Angeles plan to be completed in the summer 2018. These actions may lead to certain charges including, but not limited to additional cash-related expenses, non-cash impairment charges, discontinued operations and/or other costs in connection with exit and disposal activities. Such transactions will be recognized when appropriate and may require cash payments for obligations such as one-time employee involuntary termination benefits, lease and other contract termination costs, costs to close facilities, employee relocation costs and ongoing benefit arrangements.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Revenue Recognition In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), (ASC 606). The underlying principle of ASC 606 is to recognize revenue to depict the transfer of goods or services to customers at the amount expected to be collected. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contract(s), which includes (1) identifying the contract(s) or agreement(s) with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company adopted ASC 606 effective January 1, 2018, and adoption of such standard had no effect on previously reported balances. Recognition of sales of the products sold by the Company since the adoption of the new standard has had no quantitative effect on the financial statements. However, the guidance requires additional disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The Company previously recognized and continues to recognize revenue when risk of loss transferred to our customers and collection of the receivable was reasonably assured, which generally occurs when the product is shipped. A product is not shipped without an order from the customer and credit acceptance procedures performed. Under the new guidance, revenue is recognized when control of promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. The Company does not have any significant contracts with customers requiring performance beyond delivery. All orders have a written purchase order that is reviewed for credit worthiness, pricing and other terms before fulfillment begins. Shipping and handling activities are performed before the customer obtains control of the goods and therefore represent a fulfillment activity rather than a promised service to the customer. Revenue and costs of sales are recognized when placed under the customer’s control. Control of the products that we sell, transfers to the customer upon shipment from our facilities, and the Company’s performance obligations are satisfied at that time. All products sold by the Company are beverage products and ginger based candy products. The products are offered for sale as finished goods only, and there are no performance obligations required post-shipment for customers to derive the expected value from them. Contracts with customers contain no incentives or discounts that could cause revenue to be allocated or adjusted over time. The Company does not allow for returns, although we do for damaged products, if support for the damage that occurs pre-fulfillment is provided, returns are permitted. Damage product returns have been insignificant. Due to the insignificant amount of historical returns as well as the standalone nature of our products and assessment of performance obligations and transaction pricing for our sales contracts, we do not currently maintain a contract asset or liability balance at this time for obligations. We assess our contracts and the reasonableness of our conclusions on a quarterly basis Loss per Common Share Basic earnings (loss) per share is computed by dividing the net income (loss) applicable to common stock holders by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per share is computed by dividing the net income applicable to common stock holders by the weighted average number of common shares outstanding plus the number of additional common shares that would have been outstanding if all dilutive potential common shares had been issued, using the treasury stock method. Potential common shares are excluded from the computation when their effect is antidilutive. For the periods ended March 31, 2018 and 2017, the calculations of basic and diluted loss per share are the same because potential dilutive securities would have an anti-dilutive effect. The potentially dilutive securities consisted of the following: March 31, 2018 March 31, 2017 Convertible note 2,266,667 - Warrants 7,325,282 803,909 Series A Preferred Stock 37,644 37,644 Options 2,898,754 1,026,834 Total 12,528,347 1,868,387 Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Those estimates and assumptions include estimates for reserves of uncollectible accounts, inventory obsolescence, depreciable lives of property and equipment, analysis of impairments of recorded long-term assets and intangibles, realization of deferred tax assets, accruals for potential liabilities and assumptions made in valuing stock instruments issued for services. Recent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest period presented in the financial statements. The Company is currently evaluating the expected impact that the standard could have on its financial statements and related disclosures. In July 2017, the FASB issued ASU No. 2017-11, “Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features; (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception” (“ASU 2017-11”). ASU 2017-11 allows companies to exclude a down round feature when determining whether a financial instrument (or embedded conversion feature) is considered indexed to the entity’s own stock. As a result, financial instruments (or embedded conversion features) with down round features may no longer be required to be accounted for as derivative liabilities. A company will recognize the value of a down round feature only when it is triggered, and the strike price has been adjusted downward. For equity-classified freestanding financial instruments, an entity will treat the value of the effect of the down round as a dividend and a reduction of income available to common shareholders in computing basic earnings per share. For convertible instruments with embedded conversion features containing down round provisions, entities will recognize the value of the down round as a beneficial conversion discount to be amortized to earnings. ASU 2017-11 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The guidance in ASU 2017-11 can be applied using a full or modified retrospective approach. The adoption of ASU 2017-11 is not expected to have a material impact on the Company’s financial position, results of operations, and cash flows. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements. Concentrations During the three months ended March 31, 2018, the Company had two customers that each accounted for 27% and 11% of gross sales, respectively. During the three months ended March 31, 2017, the Company had one customer that accounted for 21% of gross sales. No other customer exceeded 10% of sales for either period. As of March 31, 2018, the Company had accounts receivable from one customer which comprised 24% of its total accounts receivable. As of December 31, 2017, the Company had accounts receivable due from two customers which accounted for approximately 23% and 16% of total accounts receivable, respectively. During the three months ended March 31, 2018, the Company had two vendors which accounted for approximately 16.6% and 14.1% of all purchases, respectively. During the three months ended March 31, 2017, the Company had one vendor which accounted for approximately 18% of all purchases. No other vendor accounted for more than 10% of all purchases in either period. As of March 31, 2018, the Company had three vendors which accounted for 11.3%, 19.5%, and 40.7% of total accounts payable, respectively. As of December 31, 2017, the Company had one vendor which accounted for 20% of its total accounts payable. As of March 31, 2017, the Company had two vendors which accounted for approximately 10% each of the total accounts payable. Fair Value of Financial Instruments The Company uses various inputs in determining the fair value of its investments and measures these assets on a recurring basis. Financial assets recorded at fair value in the balance sheets are categorized by the level of objectivity associated with the inputs used to measure their fair value. Authoritative guidance provided by the FASB defines the following levels directly related to the amount of subjectivity associated with the inputs to fair valuation of these financial assets: Level 1—Quoted prices in active markets for identical assets or liabilities. Level 2—Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. Level 3—Unobservable inputs based on the Company’s assumptions. The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, accounts receivable, short-term bank loans, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments. The carrying values of capital lease obligations and long-term financing obligations approximate their fair values due to the fact that the interest rates on these obligations are based on prevailing market interest rates. As of March 31, 2018, and December 31, 2017, the Company’s balance sheets included the fair value of warrant liabilities of $41,000 and $36,000 respectively, which were based on Level 2 measurements.

Inventory

Inventory	3 Months Ended
	Mar. 31, 2018
Inventory Disclosure [Abstract]
Inventory	3. Inventory Inventory is valued at the lower of cost (first-in, first-out or market) and, net of reserves, is comprised of the following as of: March 31, 2018 December 31, 2017 Raw Materials and Packaging $ 3,693,000 $ 2,670,000 Finished Goods 3,142,000 3,261,000 Total $ 6,835,000 $ 5,931,000 The Company has recorded an obsolescence reserve for potentially slow moving and obsolete inventory. The reserve at March 31, 2018 and December 31, 2017 was $451,000 and $509,000, respectively.

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment	4. Property and Equipment Property and equipment are comprised of the following as of: March 31, 2018 December 31, 2017 Land $ 1,107,000 $ 1,107,000 Building 2,360,000 2,360,000 Vehicles 612,000 568,000 Machinery and equipment 4,897,000 4,924,000 Equipment under capital leases 226,000 226,000 Office equipment 507,000 507,000 Book value 9,709,000 9,692,000 Accumulated depreciation (5,581,000 ) (5,414,000 ) Impairment reserve (3,925,000 ) (3,925,000 ) Net book value $ 203,000 $ 353,000 Depreciation expense for the three months ended March 31, 2018 and 2017 was $177,000 and $121,000, respectively. On March 24, 2018, the Company received a letter of intent from a party, partially owned by Chris Reed, one of the Company’s current officers and directors, for the purchase of substantially all of the assets of the Los Angeles plant. It is anticipated the Board of Directors will approve the offer and the sale will be completed in the summer of 2018. The letter of intent offers the Company $1,250,000 in cash for the LA plant buildings, equipment, and fixed assets. In addition, the Company will be relieved of the $1,400,000 long-term financing liability attached to the property. Based on the terms of the offer, during the year ended December 31, 2017, the Company recorded an impairment charge totaling $3,925,000, representing the difference between the offer terms and the net book value of the assets to be sold and the relief of the long-term liability. Equipment held for sale consists of the following: March 31, 2018 December 31, 2017 Equipment held for sale $ 4,184,000 $ 4,370,000 Reserve (2,000,000 ) (2,000,000 ) Net book value $ 2,184,000 $ 2,370,000

Intangible Assets and Impairmen

Intangible Assets and Impairment Policy	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Impairment Policy	5. Intangible Assets and Impairment Policy Intangible assets are comprised of indefinite-lived brand names acquired and have been assigned an indefinite life as we currently anticipate that these brand names will contribute cash flows to the Company perpetually. These indefinite-lived intangible assets are not amortized, but are assessed for impairment annually and evaluated annually to determine whether the indefinite useful life is appropriate. As part of our impairment test, we first assess qualitative factors to determine whether it is more likely than not that the indefinite-lived intangible asset is impaired. If further testing is necessary, we compare the estimated fair value of our indefinite-lived intangible asset with its book value. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, as determined by its discounted cash flows, an impairment loss is recognized in an amount equal to that excess. Based on management’s measurement, there were no indications of impairment at March 31, 2018. March 31, 2018 December 31, 2017 Virgil’s $ 576,000 $ 576,000 Sonoma Sparkler 229,000 229,000 Brand names $ 805,000 $ 805,000

Advances from Officers

Advances from Officers	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Advances from Officers	6. Advances from Officers In 2017, Chris Reed (the former CEO and current CIO), Robert Reed (the brother of Chris Reed, CIO), and Dan Miles (CFO), collectively advanced $571,000 to the Company for working capital uses. In 2017, the Company repaid $240,000 to Robert Reed and $277,000 of these advances were due as of December 31,2017. The amounts due as of December 31, 2017 were repaid during the quarter ended March 31, 2018 with a three percent fee.

Line of Credit and Bank Notes

Line of Credit and Bank Notes	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Line of Credit and Bank Notes	7. Line of Credit and Bank Notes The Company has a Loan and Security Agreement with PMC Financial Services Group, LLC (PMC) that provides a $6,000,000 revolving line of credit, a $3,000,000 term loan, and a Capital Expansion loan up to $4,700,000. The loans are secured by substantially all the assets of the Company and become due on October 1, 2018. The notes are as follows: Revolving Line of Credit The agreement provides a $6,000,000 revolving line of credit. The revolving line of credit is based on 85% of accounts receivable and 60% of eligible inventory and is secured by substantially all of the Company’s assets. At December 31, 2017, the aggregate amount outstanding under the line of credit was $3,301,000, which amount was paid off during the period ending March 31, 2018. As of March 31, 2018, there were no borrowings outstanding under the line, and the Company had $4,432,000 of borrowing availability under the line of credit agreement as of that date. The interest rate on the Revolving Loan was the prime rate plus .35% but was modified on December 7, 2016, such that the rate charge will be calculated on a sliding scale based on the trailing 6 month Earnings Before Interest Taxes nd Depreciation (“EBITDA”). If the EBITDA measuring point stays below $1,000,000 where it is now, the rate will rise to 12% from the current rate of 9%. If unused cash availability exceeds $1,500,000 then the rate will be reduced to base rate plus prime. As of March 31, 2017, our effective rate under the revolving line was 9.5%. The monthly management fee is .45% of the average monthly loan balance. The line of credit matures on October 21, 2018. Bank Notes Bank notes consist of the following as of March 31, 2018 and December 31, 2017: March 31, 2018 December 31, 2017 Term Loans $ 3,000,000 $ 3,000,000 CAPEX loan 3,440,000 3,947,000 Net $ 6,440,000 $ 6,947,000 In connection with the Loan and Security Agreement with PMC, the Company entered into two Term Loans of $1,500,000 each, for an aggregate borrowing of $3,000,000. The term loans are secured by all of the unencumbered assets of the Company and are due on October 1, 2018. The annual interest rate on the first loan was prime plus 5.75% (currently 10.5%), and the rate on the second loan was prime plus 11.60% (currently 16.35%) but was modified on December 7, 2016 such that the new rate will be based on the trailing 6 month EBITDA. If the EBITDA measuring point stays below $1,000,000 where it is now, the rate will rise to 12% from the current rate of 9%. If unused cash availability exceeds $1,500,000 then the rate will be reduced to base rate plus prime. As of March 31, 2018, and December 31, 2017, the amount outstanding was $3,000,000 and $3,000,000 respectively. In connection with the Loan and Security Agreement with PMC, the Company entered into a Capital expansion loan which, after amendment allows a total borrowing of $4,700,000. The loans are secured by all of the property and equipment purchased under the loan. The interest rate on the CAPEX loan is the prime rate plus 5.75% (10.5% at March 31, 2018). The entire CAPEX loan is due on October 21, 2018. At March 31, 2018 and December 31, 2017, the balance on the CAPEX loan balance totaled $3,440,000 and $3,947,000, respectively. Since December 31, 2017, the Company has had no further borrowing availability under the loan. In conjunction with this loan the Company placed equipment with a cost of $250,000 at a co-packing facility to enable the co-packer to manufacture our products. In 2017, the Company agreed to pre-pay the CAPEX Loan by at least $300,000 from the proceeds of the sale of idle equipment, when the sale should occur. In January 2018, $312,000 of equipment that included the equipment at the co-packing facility was sold and the CAPEX Loan was repaid for this amount. Interest Rates Notwithstanding the other borrowing terms above, if Excess Borrowing Availability under the $6 million Revolving line of credit remains more than $1,500,000 at all times during the preceding month the additional interest rate for all loans will be eliminated. The following chart summarizes the loans as of March 31, 2018: Description Base Interest Rate Increase in Prime Current Original rate Additional Interest Current rate Line of Credit (Prime Plus) 3.60 % 1.55 % 5.15 % 0.00 % 5.15 % Term A 9.00 % 1.25 % 10.25 % 0.00 % 10.25 % Term B 11.60 % 1.25 % 12.85 % 0.00 % 12.85 % CAPEX Loan 9.00 % 1.25 % 10.25 % 0.00 % 10.25 % There is an additional monthly collateral monitoring fee of .45% added to the line of credit balance.

Capital Leases Payable

Capital Leases Payable	3 Months Ended
	Mar. 31, 2018
Leases [Abstract]
Capital Leases Payable	8. Capital Leases Payable The Company leases equipment for its brewery operations with an aggregate value of $944,000 under nine non-cancelable capital leases. Monthly payments range from $341 to $10,441 per month, including interest, at interest rates ranging from 6.51% to 17.31% per annum. The Company’s total payment obligation for the leases aggregates $19,000 per month at March 31, 2018. The leases expire at various dates through 2021. Future minimum lease payments under capital leases are as follows: Years Ending December 31, 2019 $ 209,000 2020 175,000 2021 47,000 2022 40,000 Total payments $ 471,000 Less: Amount representing interest (42,000 ) Present value of net minimum lease payments $ 429,000 Less: Current portion (186,000 ) Non-current portion $ 243,000

Long-Term Financing Obligation

Long-Term Financing Obligation	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Long-Term Financing Obligation	9. Long-term Financing Obligation Long term financing obligation is comprised of the following: March 31, 2018 December 31, 2017 Financing obligation $ 2,137,000 $ 2,186,000 Valuation discount (687,000 ) (714,000 ) Net long term financing obligation $ 1,450,000 $ 1,472,000 Less current portion (231,000 ) (222,000 ) Long term financing obligation $ 1,219,000 $ 1,250,000 On June 15, 2009, the Company closed escrow on the sale of its two buildings and its brewery equipment and concurrently entered into a long-term lease agreement for the same property and equipment. In connection with the lease the Company has the option to repurchase the buildings and brewery equipment from 12 months after the commencement date to the end of the lease term at the greater of the fair market value or an agreed upon amount. Since the lease contains a buyback provision and other related terms, the Company determined it had continuing involvement that did not warrant the recognition of a sale; therefore, the transaction has been accounted for as a long-term financing. The proceeds from the sale, net of transaction costs, have been recorded as a financing obligation in the amount of $3,056,000. Monthly payments of approximately $35,000 under the financing agreement are recorded as interest expense and a reduction in the financing obligation at an implicit rate of 9.9%. The financing obligation is personally guaranteed up to a limit of $150,000 by, Christopher J. Reed, one of the Company’s officers and directors. In connection with the financing obligation and subsequent amendments, the Company issued an aggregate of 600,000 warrants to purchase its common stock. The 600,000 warrants were valued at an aggregate amount of $1,336,000 and were recorded as a valuation discount at the date of issuance, and are being amortized over 15 years, the term of the purchase option. The balance of the unamortized valuation discount at March 31, 2018 and December 31, 2017 was $687,000 and $714,000, respectively. The aggregate amount due under the financing obligation at March 31, 2018 and December 31, 2017 was $2,137,000 and $2,186,000, respectively.

Convertible Note to a Related P

Convertible Note to a Related Party	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Convertible Note to a Related Party	10. Convertible Note to a Related Party The Convertible Note to a Related Party consists of the following: March 31, 2018 December 31, 2017 12% Convertible Note Payable $ 3,400,000 $ 3,400,000 Accrued Interest 402,000 290,000 Convertible Note Payable, Net $ 3,802,000 $ 3,690,000 On April 21, 2017 (“Closing Date”), pursuant to a Securities Purchase Agreement (“Purchase Agreement”), the Company sold and issued a secured, convertible, subordinated, non-redeemable note in the principal amount of $3,400,000 (“Note”) and a warrant to purchase 1,416,667 shares of common stock (“Warrant Shares”) to Raptor/Harbor Reeds SPV LLC (“Purchaser”). Raptor/Harbor Reeds owns 27.64% of the Company’s common stock at March 31, 2018 and December 31, 2017. The Note bears interest at a rate of 12% per annum, compounded monthly on a 360-day year/ 30-day month basis. The Note is secured by a second priority security interest in the Company’s assets, which is subordinate to the first priority security interest of PMC Financial Services Group, LLC (“PMC”). The Note may not be prepaid and originally matured on April 21, 2019. The maturity date was subsequently extended to April 21, 2021. The note may be converted, at any time and from time to time, into shares of common stock of the Company. The original conversion price of the note was $3.00, and this conversion price was subsequently reduced to $1.75, and again to $1.50. The warrant will expire on April 21, 2019 and had an original exercise price equal to $4.00 per share, which exercise price was subsequently reduced to $1.50. The note and warrant contain customary anti-dilution provisions and the shares of common stock issuable upon conversion of the note and exercise of the warrant have been registered on Form S-1. The investor was also granted a right to participate in future financing transactions of the Company for a term of two years.

Warrant Liability

Warrant Liability	3 Months Ended
	Mar. 31, 2018
Warrant Liability
Warrant Liability	11. Warrant Liability Various stock sales made by the Company to finance operations have been accompanied by the issuance of warrants. Some of these warrant agreements contain fundamental transaction provisions which may give rise to an obligation of the Company to pay cash to the warrant holders. For accounting purposes, in accordance with ASC 480, Distinguishing Liabilities from Equity, those warrants with fundamental transaction terms are accounted for as liabilities given the terms may give rise to an obligation of the Company to the warrant holders. These liabilities are measured at fair value at each reporting period and the change in the fair value is recognized in earnings in the accompanying Statements of Operations. The fair value of the warrant liability was determined using the Black-Scholes-Merton option pricing model at March 31, 2018 and December 31, 2017 using the following assumptions: March 31, 2018 December 31, 2017 Stock Price $ 1.70 $ 1.55 Risk free interest rate 1.91 % 1.74 % Expected volatility 56.31 % 56.06 % Expected life in years 3.18 3.42 Expected dividend yield 0 % 0 % Fair Value - Warrants $ 41,000 $ 36,000 The risk-free interest rate was based on rates established by the Federal Reserve Bank. The Company uses the historical volatility of its common stock to estimate the future volatility for its common stock. The expected life of the warrant was determined by the remaining contractual life of the warrant instrument. The expected dividend yield was based on the fact the Company has not paid dividends to its common stockholders in the past and does not expect to pay dividends to its common stockholders in the future.

Stock Based Activity

Stock Based Activity	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Based Activity	12. Stock Based Activity Common stock issuable On January 10, 2018, the Company’s Board awarded certain independent directors 400,000 shares of common stock valued at $680,000 for past service subject to Reed’s 2017 Incentive Compensation Plan. Since the shares were for services provided during the year ended December 31, 2017, the Company recognized the expense in 2017 and reflected the fair value of the shares as common stock issuable at December 31, 2017 The shares were issued in 2018. Stock Awards During the period ended March 31, 2018 members of the Board of Directors were granted an aggregate of 70,588 shares of common stock with a fair value of $120,000 subject to Reed’s 2017 Incentive Compensation Plan to vest with each independent director in four equal installments during 2018. During the period ended March 31, 2018, the Company reflected compensation costs of $29,000 related to the amortization of this stock award. On January 10, 2018, pursuant to its employment agreement with Valentin Stalowir dated June 28, 2017, the Company’s board of directors granted to Mr. Stalowir 371,268 shares of common stock with a fair $631,000. which vest over 18 months and will be amortized through June 2019. During the period ended March 31, 2018, the Company reflected compensation costs of $70,000 related to the amortization of this stock award. The securities are to be issued subject to Reed’s 2017 Incentive Compensation Plan On March 28, 2018, the Company’s Board awarded Valentin Stalowir an additional 412,735 common shares with a fair value of $660,378 that which will be amortized through June 2019 when the shares vest. During the period ended March 31, 2018, the Company reflected compensation costs of $14,000 related to the amortization of this stock award. The shares will be issued pursuant to Reed’s 2017 Incentive Compensation Plan that are subject to shareholder approval to increase the number of shares underlying Reed’s 2017 Incentive Compensation Plan. These shares are not issuable until January 2019. As of March 31, 2018, the amount of unvested compensation related to issuances of restricted common stock was approximately $830,000, which will be recognized as an expense in future periods as the shares vest. Stock options Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value Outstanding at December 31, 2017 677,500 $ 4.35 4.14 - Granted 2,412,504 $ 1.62 4.00 Exercised - Unvested Forfeited or expired (111,300 ) $ 4.90 Vested Forfeited or expired (80,000 ) $ 4.00 Outstanding at March 31, 2018 2,898,704 $ 2.09 8.92 $ 88,000 Exercisable at March 31, 2018 491,998 $ 3.55 5.59 $ 10,000 On January 10, 2018, pursuant to its employment agreement with Valentin Stalowir dated June 28, 2017, the Company’s board of directors granted to Mr. Stalowir options to purchase 371,268 shares of stock. The securities are to be issued subject to Reed’s 2017 Incentive Compensation Plan. The options will have an exercise price of $1.70 vest over 18 months, and a 10 year life. The Company determined that the options had a fair value of $370,000 which will be amortized through June 2019. During the period ended March 31, 2018, the Company reflected compensation costs of $56,000 related to the amortization of this stock award. On March 28, 2018, the Company approved options to be issued pursuant to Reed’s 2017 Incentive Compensation Plan to certain current employees, officers and directors totaling 1,528,500. One half of these options vest annually over a four-year vesting period.; the other half of these options will vest based on performance criteria to be established by the Board. The performance goals are subject to the Board’s discretion. The Company determined that the options had a fair value of $1,441,000 which will be amortized in future periods through March 31, 2022. Also, on March 28, 2018, the Company approved the repricing and extension of current Chief Financial Officer Mr. Miles’ 2015 Plan options to the market price of $1.60 and an additional four years. During the period ended March 31, 2018, the Company reflected compensation costs of $57,000 related to the amortization of these stock awards. On March 28, 2018, the Company’s Board awarded Valentin Stalowir 412,736 common shares of performance-based options that are subject to shareholder approval to increase the number of shares underlying Reed’s 2017 Incentive Compensation Plan and are issuable until January 2019. One half of these options will vest in the same manner as the employee based performance awards described above; the other half of these options will vest based on performance criteria to be established by the Board. The Company determined that the options had a fair value of $389,00 which will be amortized in future periods through March 31, 2022. The aggregate intrinsic value was calculated as the difference between the closing market price, which was $1.70, and the exercise price of the Company’s stock options as of March 31, 2018. In addition to the stock compensation discussed above, the Company recognized stock-based compensation of $48,000 for the options granted prior to December 31, 2017. As of March 31, 2018, the amount of unvested compensation related to stock options was approximately $2.4 million which will be recorded as an expense in future periods as the options vest. Stock Warrants Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value Outstanding at December 31,2017 7,325,282 $ 2.09 3.43 Granted Exercised 0 Forfeited or expired 0 Outstanding at March 31, 2018 7,325,282 $ 2.09 3.18 $ 163,000 Exercisable at March 31, 2018 6,575,282 $ 2.02 2.75 $ 13,000 The intrinsic value was calculated as the difference between the closing market price, which was $1.70, and the exercise price of the Company’s warrants common stock, as of March 31, 2018.

Significant Accounting Polici19

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Revenue Recognition	Revenue Recognition In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), (ASC 606). The underlying principle of ASC 606 is to recognize revenue to depict the transfer of goods or services to customers at the amount expected to be collected. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contract(s), which includes (1) identifying the contract(s) or agreement(s) with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company adopted ASC 606 effective January 1, 2018, and adoption of such standard had no effect on previously reported balances. Recognition of sales of the products sold by the Company since the adoption of the new standard has had no quantitative effect on the financial statements. However, the guidance requires additional disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The Company previously recognized and continues to recognize revenue when risk of loss transferred to our customers and collection of the receivable was reasonably assured, which generally occurs when the product is shipped. A product is not shipped without an order from the customer and credit acceptance procedures performed. Under the new guidance, revenue is recognized when control of promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. The Company does not have any significant contracts with customers requiring performance beyond delivery. All orders have a written purchase order that is reviewed for credit worthiness, pricing and other terms before fulfillment begins. Shipping and handling activities are performed before the customer obtains control of the goods and therefore represent a fulfillment activity rather than a promised service to the customer. Revenue and costs of sales are recognized when placed under the customer’s control. Control of the products that we sell, transfers to the customer upon shipment from our facilities, and the Company’s performance obligations are satisfied at that time. All products sold by the Company are beverage products and ginger based candy products. The products are offered for sale as finished goods only, and there are no performance obligations required post-shipment for customers to derive the expected value from them. Contracts with customers contain no incentives or discounts that could cause revenue to be allocated or adjusted over time. The Company does not allow for returns, although we do for damaged products, if support for the damage that occurs pre-fulfillment is provided, returns are permitted. Damage product returns have been insignificant. Due to the insignificant amount of historical returns as well as the standalone nature of our products and assessment of performance obligations and transaction pricing for our sales contracts, we do not currently maintain a contract asset or liability balance at this time for obligations. We assess our contracts and the reasonableness of our conclusions on a quarterly basis
Loss Per Common Share	Loss per Common Share Basic earnings (loss) per share is computed by dividing the net income (loss) applicable to common stock holders by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per share is computed by dividing the net income applicable to common stock holders by the weighted average number of common shares outstanding plus the number of additional common shares that would have been outstanding if all dilutive potential common shares had been issued, using the treasury stock method. Potential common shares are excluded from the computation when their effect is antidilutive. For the periods ended March 31, 2018 and 2017, the calculations of basic and diluted loss per share are the same because potential dilutive securities would have an anti-dilutive effect. The potentially dilutive securities consisted of the following: March 31, 2018 March 31, 2017 Convertible note 2,266,667 - Warrants 7,325,282 803,909 Series A Preferred Stock 37,644 37,644 Options 2,898,754 1,026,834 Total 12,528,347 1,868,387
Use of Estimates	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Those estimates and assumptions include estimates for reserves of uncollectible accounts, inventory obsolescence, depreciable lives of property and equipment, analysis of impairments of recorded long-term assets and intangibles, realization of deferred tax assets, accruals for potential liabilities and assumptions made in valuing stock instruments issued for services.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases. ASU 2016-02 requires a lessee to record a right of use asset and a corresponding lease liability on the balance sheet for all leases with terms longer than 12 months. ASU 2016-02 is effective for all interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest period presented in the financial statements. The Company is currently evaluating the expected impact that the standard could have on its financial statements and related disclosures. In July 2017, the FASB issued ASU No. 2017-11, “Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features; (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception” (“ASU 2017-11”). ASU 2017-11 allows companies to exclude a down round feature when determining whether a financial instrument (or embedded conversion feature) is considered indexed to the entity’s own stock. As a result, financial instruments (or embedded conversion features) with down round features may no longer be required to be accounted for as derivative liabilities. A company will recognize the value of a down round feature only when it is triggered, and the strike price has been adjusted downward. For equity-classified freestanding financial instruments, an entity will treat the value of the effect of the down round as a dividend and a reduction of income available to common shareholders in computing basic earnings per share. For convertible instruments with embedded conversion features containing down round provisions, entities will recognize the value of the down round as a beneficial conversion discount to be amortized to earnings. ASU 2017-11 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The guidance in ASU 2017-11 can be applied using a full or modified retrospective approach. The adoption of ASU 2017-11 is not expected to have a material impact on the Company’s financial position, results of operations, and cash flows. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.
Concentrations	Concentrations During the three months ended March 31, 2018, the Company had two customers that each accounted for 27% and 11% of gross sales, respectively. During the three months ended March 31, 2017, the Company had one customer that accounted for 21% of gross sales. No other customer exceeded 10% of sales for either period. As of March 31, 2018, the Company had accounts receivable from one customer which comprised 24% of its total accounts receivable. As of December 31, 2017, the Company had accounts receivable due from two customers which accounted for approximately 23% and 16% of total accounts receivable, respectively. During the three months ended March 31, 2018, the Company had two vendors which accounted for approximately 16.6% and 14.1% of all purchases, respectively. During the three months ended March 31, 2017, the Company had one vendor which accounted for approximately 18% of all purchases. No other vendor accounted for more than 10% of all purchases in either period. As of March 31, 2018, the Company had three vendors which accounted for 11.3%, 19.5%, and 40.7% of total accounts payable, respectively. As of December 31, 2017, the Company had one vendor which accounted for 20% of its total accounts payable. As of March 31, 2017, the Company had two vendors which accounted for approximately 10% each of the total accounts payable.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company uses various inputs in determining the fair value of its investments and measures these assets on a recurring basis. Financial assets recorded at fair value in the balance sheets are categorized by the level of objectivity associated with the inputs used to measure their fair value. Authoritative guidance provided by the FASB defines the following levels directly related to the amount of subjectivity associated with the inputs to fair valuation of these financial assets: Level 1—Quoted prices in active markets for identical assets or liabilities. Level 2—Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. Level 3—Unobservable inputs based on the Company’s assumptions. The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, accounts receivable, short-term bank loans, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments. The carrying values of capital lease obligations and long-term financing obligations approximate their fair values due to the fact that the interest rates on these obligations are based on prevailing market interest rates. As of March 31, 2018, and December 31, 2017, the Company’s balance sheets included the fair value of warrant liabilities of $41,000 and $36,000 respectively, which were based on Level 2 measurements.

Significant Accounting Polici20

Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Schedule of Potentially Dilutive Securities	The potentially dilutive securities consisted of the following: March 31, 2018 March 31, 2017 Convertible note 2,266,667 - Warrants 7,325,282 803,909 Series A Preferred Stock 37,644 37,644 Options 2,898,754 1,026,834 Total 12,528,347 1,868,387

Inventory (Tables)

Inventory (Tables)	3 Months Ended
	Mar. 31, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory is valued at the lower of cost (first-in, first-out or market) and, net of reserves, is comprised of the following as of: March 31, 2018 December 31, 2017 Raw Materials and Packaging $ 3,693,000 $ 2,670,000 Finished Goods 3,142,000 3,261,000 Total $ 6,835,000 $ 5,931,000

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment are comprised of the following as of: March 31, 2018 December 31, 2017 Land $ 1,107,000 $ 1,107,000 Building 2,360,000 2,360,000 Vehicles 612,000 568,000 Machinery and equipment 4,897,000 4,924,000 Equipment under capital leases 226,000 226,000 Office equipment 507,000 507,000 Book value 9,709,000 9,692,000 Accumulated depreciation (5,581,000 ) (5,414,000 ) Impairment reserve (3,925,000 ) (3,925,000 ) Net book value $ 203,000 $ 353,000
Schedule of Equipment Held for Sale	Equipment held for sale consists of the following: March 31, 2018 December 31, 2017 Equipment held for sale $ 4,184,000 $ 4,370,000 Reserve (2,000,000 ) (2,000,000 ) Net book value $ 2,184,000 $ 2,370,000

Intangible Assets and Impairm23

Intangible Assets and Impairment Policy (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets Trademarks	Based on management’s measurement, there were no indications of impairment at March 31, 2018. March 31, 2018 December 31, 2017 Virgil’s $ 576,000 $ 576,000 Sonoma Sparkler 229,000 229,000 Brand names $ 805,000 $ 805,000

Line of Credit and Bank Notes (

Line of Credit and Bank Notes (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Bank Notes	Bank notes consist of the following as of March 31, 2018 and December 31, 2017: March 31, 2018 December 31, 2017 Term Loans $ 3,000,000 $ 3,000,000 CAPEX loan 3,440,000 3,947,000 Net $ 6,440,000 $ 6,947,000
Schedule of Interest Rates of Loans	The following chart summarizes the loans as of March 31, 2018: Description Base Interest Rate Increase in Prime Current Original rate Additional Interest Current rate Line of Credit (Prime Plus) 3.60 % 1.55 % 5.15 % 0.00 % 5.15 % Term A 9.00 % 1.25 % 10.25 % 0.00 % 10.25 % Term B 11.60 % 1.25 % 12.85 % 0.00 % 12.85 % CAPEX Loan 9.00 % 1.25 % 10.25 % 0.00 % 10.25 %

Capital Leases Payable (Tables)

Capital Leases Payable (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Future Minimum Lease Payments Under Capital Leases	Future minimum lease payments under capital leases are as follows: Years Ending December 31, 2019 $ 209,000 2020 175,000 2021 47,000 2022 40,000 Total payments $ 471,000 Less: Amount representing interest (42,000 ) Present value of net minimum lease payments $ 429,000 Less: Current portion (186,000 ) Non-current portion $ 243,000

Long-Term Financing Obligation

Long-Term Financing Obligation (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-Term Financing Obligation	Long term financing obligation is comprised of the following: March 31, 2018 December 31, 2017 Financing obligation $ 2,137,000 $ 2,186,000 Valuation discount (687,000 ) (714,000 ) Net long term financing obligation $ 1,450,000 $ 1,472,000 Less current portion (231,000 ) (222,000 ) Long term financing obligation $ 1,219,000 $ 1,250,000

Convertible Note to a Related27

Convertible Note to a Related Party (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Convertible Notes	The Convertible Note to a Related Party consists of the following: March 31, 2018 December 31, 2017 12% Convertible Note Payable $ 3,400,000 $ 3,400,000 Accrued Interest 402,000 290,000 Convertible Note Payable, Net $ 3,802,000 $ 3,690,000

Warrant Liability (Tables)

Warrant Liability (Tables)	3 Months Ended
	Mar. 31, 2018
Warrant Liability
Schedule of Warrant Liability Using Assumptions	The fair value of the warrant liability was determined using the Black-Scholes-Merton option pricing model at March 31, 2018 and December 31, 2017 using the following assumptions: March 31, 2018 December 31, 2017 Stock Price $ 1.70 $ 1.55 Risk free interest rate 1.91 % 1.74 % Expected volatility 56.31 % 56.06 % Expected life in years 3.18 3.42 Expected dividend yield 0 % 0 % Fair Value - Warrants $ 41,000 $ 36,000

Stock Based Activity (Tables)

Stock Based Activity (Tables)	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Option Activity	Stock options Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value Outstanding at December 31, 2017 677,500 $ 4.35 4.14 - Granted 2,412,504 $ 1.62 4.00 Exercised - Unvested Forfeited or expired (111,300 ) $ 4.90 Vested Forfeited or expired (80,000 ) $ 4.00 Outstanding at March 31, 2018 2,898,704 $ 2.09 8.92 $ 88,000 Exercisable at March 31, 2018 491,998 $ 3.55 5.59 $ 10,000
Schedule of Stock Warrants Activity	Stock Warrants Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value Outstanding at December 31,2017 7,325,282 $ 2.09 3.43 Granted Exercised 0 Forfeited or expired 0 Outstanding at March 31, 2018 7,325,282 $ 2.09 3.18 $ 163,000 Exercisable at March 31, 2018 6,575,282 $ 2.02 2.75 $ 13,000

Basis of Presentation and Liq30

Basis of Presentation and Liquidity (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 1,615,000	$ 1,993,000
Net cash provided by (used in) operating activities	4,636,000	(527,000)
Stockholder’s deficit	(833,000)		$ 508,000
Working capital	1,384,000		2,303,000
Cash balance	3,376,000	$ 197,000	$ 12,127,000	$ 451,000
Line of credit	4,432,000
Net proceeds	7,808,000
Notes payable to bank	$ 6,900,000
Maturity due date	Oct. 31, 2018

Significant Accounting Polici31

Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Warrant liabilities	$ 41,000		$ 36,000
Customer One [Member] | Sales Revenue, Net [Member]
Percentage of sale accounted to customer	27.00%	21.00%
Customer One [Member] | Accounts Receivable [Member]
Percentage of sale accounted to customer	24.00%	23.00%
Customer Two [Member] | Sales Revenue, Net [Member]
Percentage of sale accounted to customer	11.00%
Customer Two [Member] | Accounts Receivable [Member]
Percentage of sale accounted to customer		16.00%
No Other Customer [Member] | Sales Revenue, Net [Member]
Percentage of sale accounted to customer	10.00%
Vendor One [Member]
Percentage of sale accounted to customer	16.60%	18.00%
Vendor One [Member] | Accounts Payable [Member]
Percentage of sale accounted to customer	11.30%	10.00%	20.00%
Vendor Two [Member]
Percentage of sale accounted to customer	14.10%
Vendor Two [Member] | Accounts Payable [Member]
Percentage of sale accounted to customer	19.50%
No Other Vendor [Member]
Percentage of sale accounted to customer	10.00%
Vendor Three [Member] | Accounts Payable [Member]
Percentage of sale accounted to customer	40.70%

Significant Accounting Polici32

Significant Accounting Policies - Schedule of Potentially Dilutive Securities (Details) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Potentially dilutive securities	12,528,347	1,868,387
Convertible Note [Member]
Potentially dilutive securities	2,266,667
Warrants [Member]
Potentially dilutive securities	7,325,282	803,909
Series A Preferred Stock [Member]
Potentially dilutive securities	37,644	37,644
Options [Member]
Potentially dilutive securities	2,898,754	1,026,834

Inventory (Details Narrative)

Inventory (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventory reserve for obsolescence	$ 451,000	$ 509,000

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Raw Materials and Packaging	$ 3,693,000	$ 2,670,000
Finished Goods	3,142,000	3,261,000
Inventory, total	$ 6,835,000	$ 5,931,000

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Mar. 24, 2018
Depreciation expense	$ 177,000	$ 121,000
Impairment of assets			$ 3,925,000
Board of Directors [Member]
Letter of intent offers in cash				$ 1,250,000
Long-term liability				$ 1,400,000

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Land	$ 1,107,000	$ 1,107,000
Building	2,360,000	2,360,000
Vehicles	612,000	568,000
Machinery and equipment	4,897,000	4,924,000
Equipment under capital leases	226,000	226,000
Office equipment	507,000	507,000
Book value	9,709,000	9,692,000
Accumulated depreciation	(5,581,000)	(5,414,000)
Impairment reserve	(3,925,000)	(3,925,000)
Net book value	$ 203,000	$ 353,000

Property and Equipment - Sche37

Property and Equipment - Schedule of Equipment Held for Sale (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Equipment held for sale	$ 4,184,000	$ 4,370,000
Reserve	(2,000,000)	(2,000,000)
Net book value	$ 2,184,000	$ 2,370,000

Intangible Assets and Impairm38

Intangible Assets and Impairment Policy - Schedule of Intangible Assets Trademarks (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Brand names	$ 805,000	$ 805,000
Virgil's [Member]
Brand names	576,000	576,000
Sonoma Sparkler [Member]
Brand names	$ 229,000	$ 229,000

Advances from Officers (Details

Advances from Officers (Details Narrative)	12 Months Ended
	Dec. 31, 2017USD ($)
Advance to affiliate	$ 571,000
Robert Reed [Member]
Repayments of related party	240,000
Funds advanced by related party	$ 277,000

Line of Credit and Bank Notes40

Line of Credit and Bank Notes (Details Narrative)	1 Months Ended	3 Months Ended	12 Months Ended
	Jan. 31, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Line of credit		$ 4,432,000
Loan maturity date		Oct. 31, 2018
Line of credit borrowing availability		$ 6,000,000
Percentage of borrowing based on accounts receivable		85.00%
Percentage of borrowing based on eligible inventory		60.00%
Line of credit current			$ 3,301,000
Loan maturity description		The line of credit matures on October 21, 2018
Loan interest rate			13.25%
Co-packing facility cost		$ 250,000
Monthly management fee percentage			0.45
Revolving Line of Credit [Member]
Line of credit borrowing availability		$ 6,000,000
Capex Loan [Member]
Loan maturity date		Oct. 21, 2018
Loan interest rate			9.50%
Term loan outstanding principal balance		$ 3,440,000	$ 3,947,000
Repayments of Debt	$ 312,000
Prime Rate [Member] | Capex Loan [Member]
Loan interest rate		10.50%	5.75%
Term Loans [Member]
Term loan outstanding principal balance		$ 3,000,000	$ 3,000,000
Revolving Line of Credit [Member]
Revolving loan description		The interest rate on the Revolving Loan was the prime rate plus .35% but was modified on December 7, 2016, such that the rate charge will be calculated on a sliding scale based on the trailing 6 month Earnings Before Interest Taxes nd Depreciation (“EBITDA”). If the EBITDA measuring point stays below $1,000,000 where it is now, the rate will rise to 12% from the current rate of 9%. If unused cash availability exceeds $1,500,000 then the rate will be reduced to base rate plus prime. As of March 31, 2017, our effective rate under the revolving line was 9.5%. The monthly management fee is .45% of the average monthly loan balance.
Minimum [Member] | Revolving Line of Credit [Member]
Line of credit borrowing availability		$ 1,500,000
Minimum [Member] | Capex Loan [Member]
Repayments of Debt			$ 300,000
PMC Financial Services Group, LLC [Member] | Two Term Loans [Member]
Loan maturity date		Oct. 21, 2018
Line of credit borrowing availability		$ 3,000,000
Term loan amount		1,500,000
Measured point value		$ 1,000,000
PMC Financial Services Group, LLC [Member] | First Loan [Member]
Loan interest rate		10.50%
PMC Financial Services Group, LLC [Member] | First Loan [Member] | Prime Rate [Member]
Loan interest rate		5.75%
PMC Financial Services Group, LLC [Member] | Second Loan [Member]
Loan interest rate		16.35%
PMC Financial Services Group, LLC [Member] | Second Loan [Member] | Prime Rate [Member]
Loan interest rate		11.60%
PMC Financial Services Group, LLC [Member] | Maximum [Member] | Two Term Loans [Member]
Loan interest rate		12.00%
PMC Financial Services Group, LLC [Member] | Minimum [Member] | Two Term Loans [Member]
Loan interest rate		9.00%
PMC Financial Services Group, LLC [Member] | Loan and Security Agreement [Member]
Line of credit		$ 6,000,000
Term loan		$ 3,000,000
Loan maturity date		Oct. 1, 2018
PMC Financial Services Group, LLC [Member] | Loan and Security Agreement [Member] | Capex Loan [Member]
Term loan		$ 4,700,000
PMC Financial Services Group, LLC [Member] | Loan and Security Agreement [Member] | Maximum [Member]
Capital expansion loan		$ 4,700,000

Line of Credit and Bank Notes -

Line of Credit and Bank Notes - Schedule of Bank Notes (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Net	$ 6,900,000
Bank Notes [Member]
Term Loans	3,000,000	$ 3,000,000
CAPEX loan	3,440,000	3,947,000
Net	$ 6,440,000	$ 6,947,000

Line of Credit and Bank Notes42

Line of Credit and Bank Notes - Schedule of Interest Rates of Loans (Details)	3 Months Ended
	Mar. 31, 2018
Line of Credit (Prime Plus) [Member]
Original Rate	5.15%
Additional Interest	0.00%
Current rate	5.15%
Term A [Member]
Original Rate	10.25%
Additional Interest	0.00%
Current rate	10.25%
Term B [Member]
Original Rate	12.85%
Additional Interest	0.00%
Current rate	12.85%
CAPEX Loan [Member]
Original Rate	10.25%
Additional Interest	0.00%
Current rate	10.25%
Base Interest Rate [Member] | Line of Credit (Prime Plus) [Member]
Original Rate	3.60%
Base Interest Rate [Member] | Term A [Member]
Original Rate	9.00%
Base Interest Rate [Member] | Term B [Member]
Original Rate	11.60%
Base Interest Rate [Member] | CAPEX Loan [Member]
Original Rate	9.00%
Increase in Prime [Member] | Line of Credit (Prime Plus) [Member]
Original Rate	1.55%
Increase in Prime [Member] | Term A [Member]
Original Rate	1.25%
Increase in Prime [Member] | Term B [Member]
Original Rate	1.25%
Increase in Prime [Member] | CAPEX Loan [Member]
Original Rate	1.25%

Capital Leases Payable (Details

Capital Leases Payable (Details Narrative)	3 Months Ended
	Mar. 31, 2018USD ($)Installments
Equipment held under capital leases	$ 944,000
Number of non-cancelable capital leases | Installments	9
Payment of lease amount	$ 19,000
Lease expire year	2,021
Minimum [Member]
Payment of lease range per month	$ 341
Percentage of interest for lease amount	6.51%
Maximum [Member]
Payment of lease range per month	$ 10,441
Percentage of interest for lease amount	17.31%

Capital Leases Payable - Schedu

Capital Leases Payable - Schedule of Future Minimum Lease Payments Under Capital Leases (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Leases [Abstract]
2,019	$ 209,000
2,020	175,000
2,021	47,000
2,022	40,000
Total payments	471,000
Less: Amount representing interest	(42,000)
Present value of net minimum lease payments	429,000
Less: Current portion	(186,000)	$ (198,000)
Non-current portion	$ 243,000	$ 236,000

Long-Term Financing Obligatio45

Long-Term Financing Obligation (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Proceeds from sale of transaction cost	$ 3,056,000
Financing interest expenses	$ 35,000
Percentage of interest expense and reduction in the financing obligation at implicit rate	9.90%
Change in fair value of warrant liability	$ 5,000	$ (9,000)
Aggregate amount due under financing obligation	2,137,000		$ 2,186,000
Christopher J. Reed [Member]
Proceeds financial obligation limit guaranteed by related party	$ 150,000
Warrants [Member] | Financing Obligation [Member]
Number of warrants to purchase of common stock	600,000
Change in fair value of warrant liability	$ 1,336,000
Valuation of discount amortized period	15 years
Unamortized valuation discount	$ 687,000		$ 714,000

Long-Term Financing Obligatio46

Long-Term Financing Obligation - Schedule of Long-Term Financing Obligation (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Valuation discount	$ (687,000)	$ (714,000)
Less current portion	231,000	222,000
Long term financing obligation	1,219,000	1,250,000
Long Term Financing Obligation [Member]
Financing obligation	2,137,000	2,186,000
Valuation discount	(687,000)	(714,000)
Net long term financing obligation	1,450,000	1,472,000
Less current portion	(231,000)	(222,000)
Long term financing obligation	$ 1,219,000	$ 1,250,000

Convertible Note to a Related47

Convertible Note to a Related Party (Details Narrative) - USD ($)	Apr. 21, 2017	Mar. 31, 2018
Debt maturity date		Oct. 31, 2018
Raptor/Harbor Reeds SPV LLC [Member]
Ownership percentage		27.64%
Conversion price		$ 3
Raptor/Harbor Reeds SPV LLC [Member] | Reduced Price Per Share [Member]
Conversion price		$ 1.50
Securities Purchase Agreement [Member]
Secured convertible debt principal amount	$ 3,400,000
Number of warrants to purchase of common stock	1,416,667
Note bears interest rate	12.00%
Debt maturity date	Apr. 21, 2019
Debt description	The original conversion price of the note was $3.00, and this conversion price was subsequently reduced to $1.75, and again to $1.50. The warrant will expire on April 21, 2019 and had an original exercise price equal to $4.00 per share, which exercise price was subsequently reduced to $1.50
Warrant exercise price	$ 4
Securities Purchase Agreement [Member] | Reduced Price Per Share [Member]
Warrant exercise price	$ 1.50

Convertible Note to a Related48

Convertible Note to a Related Party - Schedule of Convertible Notes (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Convertible Note Payable, Net	$ 3,802,000	$ 3,690,000
Convertible Notes [Member]
12% Convertible Note Payable	3,400,000	3,400,000
Accrued Interest	402,000	290,000
Convertible Note Payable, Net	$ 3,802,000	$ 3,690,000

Convertible Note to a Related49

Convertible Note to a Related Party - Schedule of Convertible Notes (Details) (Parenthetical)	3 Months Ended
	Mar. 31, 2018
Convertible Notes [Member]
Percentage of convertible note	12.00%

Warrant Liability - Schedule of

Warrant Liability - Schedule of Warrant Liability Using Assumptions (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Fair Value - Warrants	$ 5,000	$ (9,000)
Warrants [Member]
Risk free interest rate	1.91%		1.74%
Expected Volatility	56.31%		56.06%
Expected life in years	3 years 2 months 5 days		3 years 5 months 1 day
Expected dividend yield	0.00%		0.00%
Fair Value - Warrants	$ 41,000		$ 36,000
Warrants [Member]
Stock Price	$ 1.70		$ 1.55

Stock Based Activity (Details N

Stock Based Activity (Details Narrative) - USD ($)	Mar. 28, 2018	Jan. 10, 2018	Mar. 31, 2018
Unvested compensation not yet recognized			$ 830,000
Market price per share			$ 1.70
Stock-based compensation			$ 48,000
Mr Valentin Stalowir [Member]
Compensation cost of stock awards		$ 14,000	70,000
Employment Agreement [Member] | Mr Valentin Stalowir [Member]
Number of shares common stock, shares		371,268
Number of shares common stock		$ 631,000
Stock Options [Member]
Compensation cost of stock awards			56,000
Unvested compensation not yet recognized			2,400,000
Stock Options [Member] | Valentin Stalowir [Member]
Number of shares common stock, shares	412,736
Fair value of options	$ 38,900
Stock Options [Member] | Mr. Miles [Member]
Compensation cost of stock awards			$ 57,000
Stock Options [Member] | Employment Agreement [Member]
Options to purchase shares of common stock		371,218
Number of option issued exercise price per share		$ 1.70
Stock option description		The options will have an exercise price of $1.70 vest over 18 months, and a 10 year life
Fair value of options		$ 370,000
2017 Incentive Compensation Plan [Member]
Number of shares common stock, shares		400,000	70,588
Number of shares common stock		$ 680,000	$ 120,000
Fair value of options	$ 1,441,000
Stock options for the officers and directors amount	1,528,500
Stock options at market price per share	$ 1.60
2017 Incentive Compensation Plan [Member] | Board of Directors [Member]
Compensation cost of stock awards			$ 29,000
2017 Incentive Compensation Plan [Member] | Valentin Stalowir [Member]
Number of shares common stock, shares	412,735
Number of shares common stock	$ 660,378

Stock Based Activity - Schedule

Stock Based Activity - Schedule of Stock Option Activity (Details) - Options [Member]	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Shares Outstanding, Beginning balance	677,500
Shares, Granted	2,412,504
Shares, Exercised
Unvested Forfeited or expired	(111,300)
Shares,Vested Forfeited or expired	(80,000)
Shares Outstanding, Ending balance	2,898,704
Shares Exercisable	491,998
Weighted-Average Exercise Price, Outstanding, Beginning | $ / shares	$ 4.35
Weighted-Average Exercise Price, Granted | $ / shares	1.62
Weighted-Average Exercise Price, Unvested Forfeited or expired | $ / shares	4.90
Weighted-Average Exercise Price, Vested Forfeited or expired | $ / shares	4
Weighted-Average Exercise Price, Outstanding, Ending | $ / shares	2.09
Weighted-Average Exercise Price, Exercisable | $ / shares	$ 3.55
Weighted-Average Remaining Contractual Terms (Years), Outstanding Beginning	4 years 1 month 20 days
Weighted-Average Remaining Contractual Terms (Years), Granted	4 years
Weighted-Average Remaining Contractual Terms (Years), Outstanding Ending	8 years 11 months 1 day
Weighted-Average Remaining Contractual Terms (Years), Exercisable	5 years 7 months 2 days
Aggregate Intrinsic Value, Share Outstanding, Beginning | $
Aggregate Intrinsic Value, Share Outstanding, Ending | $	88,000
Aggregate Intrinsic Value, Share Exercisable | $	$ 10,000

Stock Based Activity - Schedu53

Stock Based Activity - Schedule of Stock Warrants Activity (Details) - Warrants [Member]	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Shares Outstanding, Beginning Balance	7,325,282
Shares, Granted
Shares, Exercised	0
Shares, Forfeited or expired	0
Shares Outstanding, Ending Balance	7,325,282
Shares Exercisable, Ending Balance	6,575,282
Weighted-Average Exercise Price, Outstanding Beginning Balance | $ / shares	$ 2.09
Weighted-Average Exercise Price, Outstanding Ending Balance | $ / shares	2.09
Weighted-Average Exercise Price, Exercisable Ending Balance | $ / shares	$ 2.02
Weighted-Average Remaining Contractual Terms (Years), Outstanding Beginning Balance	3 years 5 months 5 days
Weighted-Average Remaining Contractual Terms (Years), Outstanding Ending Balance	3 years 2 months 5 days
Weighted-Average Remaining Contractual Terms (Years), Exercisable Ending Balance	2 years 9 months
Aggregate Intrinsic Value Shares Outstanding Ending | $	$ 163,000
Aggregate Intrinsic Value Shares Exercisable | $	$ 13,000