Company: BLNE
Filing Date: 2025-01-08
Form Type: S-1/A
Source: 0001493152-25-001415
Chunk: 120

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-08
Form: S-1/A
Chunk 120
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 and an evaluation of the findings. We evaluated and tested the Company’s significant judgments that determine the impairment evaluation of intangible assets.

| /s/                                                                                
 M&K CPAS, PLLC                                                                     |
| We                                                                                 
 have served as the Company’s auditor since 2017.                                   |
| The                                                                                
 Woodlands, TX                                                                      |
| April                                                                              
 1, 2024 except for presentation of discontinued operations and note 4 for the date 
 which is January 3, 2025                                                           |

| F-7 |

<div align='center'>Eastside Distilling, Inc. and Subsidiaries

Consolidated Balance Sheets

December 31, 2023 and 2022

(Dollars in thousands, except share and per share)</div>

| Assets                                                                                                                              
 Current assets:                                                                                                                     |     | 2023 |         |   |     | 2022 |         |   |
|:------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|--------:|:--|:----|:-----|--------:|:--|
| Cash                                                                                                                                |     | $    |     306 |   |     | $    |     612 |   |
| Restricted cash                                                                                                                     |     |      |         |   |     |      |         |   |
| Mortgage loans held for sale, at fair value                                                                                         |     |      |         |   |     |      |         |   |
| Interest rate lock derivative                                                                                                       |     |      |         |   |     |      |         |   |
| Trade receivables, net                                                                                                              |     |      |     163 |   |     |      |     413 |   |
| Inventories                                                                                                                         |     |      |   2,686 |   |     |      |   3,451 |   |
| Prepaid expenses and other current assets                                                                                           |     |      |     114 |   |     |      |     177 |   |
| Current assets held for sale                                                                                                        |     |      |   1,268 |   |     |      |   1,967 |   |
| Total current assets                                                                                                                |     |      |   4,537 |   |     |      |   6,620 |   |
| Property and equipment, net                                                                                                         |     |      |     169 |   |     |      |     255 |   |
| Software development costs,