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of Principal Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2* Certifications
of Principal Financial and Accounting Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1** Certifications
of Principal Executive Officer furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2** Certifications
of Principal Financial and Accounting Officer furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101.INS* Inline XBRL Instance Document 101.SCH* Inline XBRL Taxonomy Extension
Schema Document 101.CAL* Inline XBRL Taxonomy Extension
Calculation Linkbase Document 101.DEF* Inline XBRL Taxonomy Extension
Definition Linkbase Document 101.LAB* Inline XBRL Taxonomy Extension
Label Linkbase Document 101.PRE* Inline XBRL Taxonomy Extension
Presentation Linkbase Document 104* Cover Page Interactive
Data File (formatted as Inline XBRL and contained in Exhibit 101) * Filed herewith ** Furnished
herewith 46 SIGNATURES Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized. Date: August 14, 2023 1847 HOLDINGS LLC /s/
Ellery W. Roberts N Ellery W. Roberts Tit Chief Executive Officer (Principal Executive Officer) /s/
Vernice L. Howard N Vernice L. 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UNITED
STATES SECURITIES
AND EXCHANGE COMMISSION Washington,
D.C. 20549 FORM 10−Q (Mark
One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For
the quarterly period end September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For
the transition period from ____________ to _____________ Commission
File Numbe 001-41368 1847 HOLDINGS LLC (Exact name of registrant as specified in its charter) Delaware 38-3922937 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 590 Madison Avenue , 21st Floor , New York , NY 10022 (Address of principal executive offices) (Zip Code) (212) 417-9800 (Registrant’s telephone number, including area code) N/A (Former
name, former address and former fiscal year, if changed since last report) Securities
registered pursuant to Section 12(b) of the Ac Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares EFSH NYSE American LLC Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule
405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐ Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”
“smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for comply
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒ As of November 11, 2022, there were 4,079,137 common shares of the
registrant issued and outstanding. 1847
HOLDINGS LLC Quarterly
Report on Form 10-Q Period
Ended September 30, 2022 TABLE
OF CONTENTS PART
I FINANCIAL
INFORMATION Item
1. Financial
Statements 1 Item
2. Management’s
Discussion and Analysis of Financial Condition and Results of Operations 25 Item
3. Quantitative
and Qualitative Disclosures About Market Risk 43 Item
4. Controls
and Procedures 43 PART
II OTHER
INFORMATION Item
1. Legal
Proceedings 45 Item
1A. Risk
Factors 45 Item
2. Unregistered
Sales of Equity Securities and Use of Proceeds 45 Item
3. Defaults
Upon Senior Securities 45 Item
4. Mine
Safety Disclosures 45 Item
5. Other
Information 45 Item
6. Exhibits 46 i PART
I FINANCIAL
INFORMATION ITEM
1. FINANCIAL STATEMENTS. 1847
HOLDINGS LLC UNAUDITED
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Page Condensed
Consolidated Balance Sheets as of September 30, 2022 (Unaudited) and December 31, 2021 2 Condensed
Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2022 and 2021 (Unaudited) 3 Condensed
Consolidated Statements of Mezzanine Equity and Shareholders’ Equity (Deficit) for the Three and Nine Months Ended September
30, 2022 and 2021 (Unaudited) 4 Condensed
Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2022 and 2021 (Unaudited) 6 Notes
to Condensed Consolidated Financial Statements (Unaudited) 7 1 1847
HOLDINGS LLC CONDENSED
CONSOLIDATED BALANCE SHEETS September 30, 2022 December 31, 2021 (unaudited) ASSETS Current
Assets Cash
and cash equivalents $ 1,584,499 $ 1,383,533 Investments 276,956 276,429 Receivables,
net 5,336,018 3,378,996 Contract
assets 128,462 88,466 Inventories,
net 4,756,603 5,427,302 Prepaid
expenses and other current assets 862,177 582,048 Total
Current Assets 12,944,715 11,136,774 Property
and equipment, net 2,049,496 1,695,311 Operating
lease right-of-use assets 3,037,676 3,192,604 Goodwill 19,452,270 19,452,270 Intangible
assets, net 10,349,821 11,443,897 Other
long-term assets 82,566 85,691 TOTAL
ASSETS $ 47,916,544 $ 47,006,547 LIABILITIES,
MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY (DEFICIT) Current
Liabilities Accounts
payable and accrued expenses $ 5,438,895 $ 4,818,672 Contract
liabilities 582,335 2,547,903 Customer
deposits 2,976,666 3,465,259 Due
to related parties 193,762 193,762 Current
portion of operating lease liabilities 707,419 613,696 Current
portion of finance lease liabilities 183,103 100,652 Current
portion of notes payable, net 660,332 692,522 Current