Financial Data and Key Metrics Changes - Consolidated gross sales for Q1 2021 increased 4% to $3.2 million compared to $3.1 million for the same period in 2020 [11] - Gross profit dollars improved to $749,000, up from $725,000 last year, with a gross margin of 24% for the quarter [13] - Net income reached $3.7 million, or $0.33 per share, with adjusted EBITDA showing a loss of $1.2 million [15] Business Line Data and Key Metrics Changes - Spirits sales were down 21% year-over-year, primarily due to lower Azuñia volumes, while Craft Canning sales grew 31% [11][34] - Portland Potato Vodka brand revenue increased 5% year-on-year, and Burnside brand revenue rose 9% year-on-year [22] - Azuñia brand revenue decreased by 30% due to slow on-premise sales and intentional reduction of deep discounts [24] Market Data and Key Metrics Changes - The pandemic continued to negatively affect on-premise sales, particularly in Oregon and California [10] - The craft canning division is expected to run at 85% to 90% capacity as peak summer months approach [34] Company Strategy and Development Direction - The company is focused on a turnaround strategy emphasizing growth, brand differentiation, and product innovation [19] - Plans to pivot from a broad national approach to a concentrated geographic strategy targeting five primary and five secondary states [27] - The company aims to integrate craft and spirits operations for optimal efficiency and growth [32] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's transformation and the potential for accelerated growth, particularly in the spirits segment [38] - The reopening of markets post-COVID is expected to enhance on-premise sales and brand experiences [76] Other Important Information - The company has made significant changes to its management team, bringing in experienced professionals from the spirits and consumer products sectors [18] - A three-year strategic growth plan is set to begin in June, which will guide operations and capital structure [37] Q&A Session Summary Question: Will the cash infusion from the private placement accelerate company initiatives? - The $3.3 million raised was primarily to refinance maturing notes, with some incremental liquidity added to the balance sheet [40] Question: Can you provide details on the $2.2 million of other income this quarter? - The income included one-time gains from PPP loan forgiveness, termination of a license agreement, and inventory sales [42][43] Question: Are there plans to grow the canning operation by investing in more trucks? - The market for beverage manufacturing is significant, and the company is exploring both mobile and fixed location opportunities for expansion [44][45] Question: What competitive advantages does the company have over competitors? - The company offers best-in-class products and is focusing on building brand identity and consumer experiences [48][50] Question: What are the plans for ready-to-drink (RTD) cocktails? - There is significant potential in the RTD segment, with plans to develop unique, high-quality products that can generate substantial revenue [53][56] Question: How will the company adapt to the reopening of markets post-COVID? - The company plans to enhance experiential marketing and focus on on-premise promotions rather than deep discounts [77]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Common Stock, $0.0001 par value EAST The Nasdaq Stock Market LLC (Title of Each Class) (Trading Symbol) (Name of Each Exchange on Which Registered) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to __ ...

Eastside Distilling, Inc. (NASDAQ:EAST) Q4 2020 Earnings Conference Call March 31, 2021 5:00 PM ET Company Participants Amy Brassard - Corporate Affairs Director Geoffrey Gwin - Chief Financial Officer Paul Block - Chairman & Chief Executive Officer Conference Call Participants Harold Weber - Aegis Capital Ross Taylor - ARS Investment Partners Operator Good day, and welcome to the Eastside Distilling Reports Fourth Quarter and Year-End 2020 Financial Results. All participants will be in a listen-only mode. ...

U. S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to _____________ Commission File Number 000-54959 EASTSIDE DISTILLING, INC. (Name of small business issuer as specified in its charter) Nevada 20-3937596 (State or other ...

Eastside Distilling, Inc. (NASDAQ:EAST) Q3 2020 Earnings Conference Call November 12, 2020 5:00 PM ET Company Participants Amy Brassard - Corporate Affairs Director Paul Block - Chairman and Chief Executive Officer Geoffrey Gwin - Chief Financial Officer Conference Call Participants David Bain - ROTH Capital Peter Merkel - Magis Operator Good afternoon, and welcome to the Eastside Distilling Reports Second (sic) [Third] Quarter Fiscal Year 2020 Financial Results Conference Call [Operator Instructions]. Plea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Common Stock, $0.0001 par value EAST The Nasdaq Stock Market LLC (Title of Each Class) (Trading Symbol) (Name of Each Exchange on Which Registered) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ t ...

Eastside Distilling, Inc. (NASDAQ:EAST) Q2 2020 Earnings Conference Call August 14, 2020 4:30 PM ET Company Participants Robert Blum - Lytham Partners Paul Block - Chief Executive Officer Geoffrey Gwin - Chief Financial Officer Conference Call Participants David Bain - ROTH Capital Harold Weber - Aegis Capital Operator Good afternoon, and welcome to the Eastside Distilling Reports Second Quarter Fiscal Year 2020 Financial Results Conference Call. [Operator Instructions] Please note this event is being recor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 EASTSIDE DISTILLING, INC. (Exact name of registrant as specified in its charter) Common Stock, $0.0001 par value EAST The Nasdaq Stock Market LLC (Title of Each Class) (Trading Symbol) (Name of Each Exchange on Which Registered) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SEC ...

Eastside Distilling, Inc. (NASDAQ:EAST) Q1 2020 Earnings Conference Call May 14, 2020 5:00 PM ET Company Participants Robert Blum - Lytham Partners Lawrence Firestone - CEO Robert Manfredonia - President Stuart Schreiner - Interim-CFO Conference Call Participants David Bain - ROTH Capital Operator Good afternoon, and welcome to the Eastside Distilling First Quarter 2020 Financial Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, ther ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Common Stock, $0.0001 par value EAST The Nasdaq Stock Market LLC (Title of Each Class) (Trading Symbol) (Name of Each Exchange on Which Registered) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to __ ...