I feel like they "cold brewing" process they use(at least that was what they were doing a few years ago when I read up on it) has more in common to distillation

I feel like they "cold brewing" process they use(at least that was what they were doing a few years ago when I read up on it) has more in common to distillation than finding high ABV tolerant yeast strains and actually brewing high gravity beer. I have taken apple cider and done a similar process to make Applejack. Its just a matter of freezing out the water/other non alcohol components. I mean, its interesting and all, but I dont really feel like its beer at that point.