10-K
Annual Report
1847 HOLDINGS LLC
CIK: 1599407
File #: 001-41368
Balance Sheet
69 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
Current Assets | ||
Cash and cash equivalents | 1,987,301 | 2,502,450 |
Restricted cash | — | 1,358,968 |
Accounts receivable, net | 8,125,000 | 5,833,370 |
Contract assets | 4,178,899 | 1,892,532 |
Inventories, net | 230,382 | 474,653 |
Prepaid expenses and other current assets | 79,211 | 568,520 |
Total Current Assets | 14,600,793 | 12,630,493 |
Kyle’s | 555,062 | 1,087,225 |
ICD | — | 929,446 |
CMD | 13,203,694 | 8,000,724 |
Wolo | 599,391 | 1,063,586 |
Corporate | 242,646 | 1,549,512 |
Property and equipment, net | 870,576 | 1,116,006 |
Property, Plant and Equipment | 870,576 | 1,116,006 |
Operating lease right-of-use assets | 1,806,255 | 2,017,482 |
Long-term deposits | 18,942 | 49,535 |
Intangible assets, net | 11,557,214 | 12,524,346 |
Goodwill | 5,309,876 | 5,309,876 |
Initial Allocation | 5,309,876 | — |
CMD | 5,309,876 | 5,309,876 |
TOTAL ASSETS | 34,163,656 | 33,647,738 |
Kyle’s | 3,077,010 | 3,897,572 |
ICD | — | 1,199,293 |
CMD | 30,236,984 | 25,868,735 |
Wolo | 599,913 | 1,132,626 |
Corporate | 249,749 | 1,549,512 |
Current Liabilities | ||
Accounts payable and accrued expenses | 17,945,060 | 6,159,950 |
Contract liabilities | 803,045 | 1,199,587 |
Current portion of operating lease liabilities | 432,333 | 598,534 |
Current portion of finance lease liabilities | 192,505 | 182,043 |
Current portion of notes payable, net | 6,476,121 | 7,785,911 |
Current portion of convertible notes payable, net | 22,751,184 | 22,089,149 |
Related Party | 641,972 | 578,290 |
Derivative liabilities | — | 185,000 |
Level 3 | — | 185,000 |
Warrant liabilities | 8,424,500 | 85,779,788 |
Level 3 | 8,424,500 | 85,779,788 |
Total Current Liabilities | 57,666,720 | 124,558,252 |
Operating lease liabilities, net of current portion | 1,445,726 | 1,473,795 |
Finance lease liabilities, net of current portion | 230,693 | 423,198 |
Notes payable, net of current portion | — | 8,530 |
Related Party | 623,354 | — |
Twenty Percent OID Promissory Notes March Two Thousand Twenty Four | 3,313,820 | — |
Deferred tax liabilities, net | 3,585,000 | 3,650,000 |
TOTAL LIABILITIES | 63,551,493 | 130,113,775 |
Shareholders’ Deficit | ||
Series A | 39,877 | 39,877 |
Series C | 403,470 | 403,470 |
Series D | 600,100 | 600,100 |
Series F | 1,138,332 | — |
Allocation shares, 1,000 shares authorized; 1,000 shares issued and outstanding as of December 31, 2025 and 2024 | 1,000 | 1,000 |
Common shares, $0.001 par value, 2,000,000,000 shares authorized; 61,918,659 and 25,400,386 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 61,919 | 25,400 |
Additional paid-in capital | 80,046,958 | 79,403,793 |
Accumulated deficit | (109,599,852) | (175,096,154) |
TOTAL 1847 HOLDINGS SHAREHOLDERS’ DEFICIT | (27,308,196) | (94,622,514) |
NONCONTROLLING INTERESTS | (2,079,641) | (1,843,523) |
TOTAL SHAREHOLDERS’ DEFICIT | (29,387,837) | (96,466,037) |
Series A - Senior Convertible Preferred Shares | 39,877 | 39,877 |
Series C - Senior Convertible Preferred Shares | 403,470 | 403,470 |
Series D - Senior Convertible Preferred Shares | 600,100 | 600,100 |
Series F - Senior Convertible Preferred Shares | 1,138,332 | — |
Allocation Shares | 1,000 | 1,000 |
Common Stock | 61,919 | 25,400 |
Non- Controlling Interests | (2,079,641) | (1,843,523) |
Distribution Receivable | 80,046,958 | 79,403,793 |
Accumulated Deficit | (109,599,852) | (175,096,154) |
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | 34,163,656 | 33,647,738 |