Company: BLNE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024044
Chunk: 36

Company: Beeline Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 36
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 is derived from volatility calculated using historical closing prices of common shares of similar
entities whose share prices are publicly available for the expected term of the options. The risk-free interest rate is based on the
U.S. Treasury constant maturities in effect at the time of grant for the expected term of the options.

The
Company did not issue any additional stock options during the six months ended June 30, 2025 or 2024.

Warrants

During
the six months ended June 30, 2025, the Company sold shares of Series G Preferred Stock and in conjunction issued warrants to
purchase a total of 320,862
shares of common stock. The Company recorded offering costs of $6,270
as of June 30, 2025. In addition, the Company’s Chief Executive Officer converted his $0.7
million bridge loan into $0.7
million of units comprised of 1,372,549
shares of Series G Preferred Stock and five-year 5 Warrants to purchase a total of 68,628 shares. The Warrants have a term of five
years from issuance and are exercisable at an exercise price of $6.50 per share.

The
estimated fair value of the new warrants issued in 2025 was based on a combination of closing market trading price on the date of issuance
for the public offering warrants, and the Black-Scholes option-pricing model, using the weighted average assumptions below:

 SCHEDULE OF FAIR VALUE OF WARRANTS

    Volatility 
    100-131% 
  
    Risk-free interest rate 
     3.94% - 4.46% 
  
    Expected term (in years) 
     5.00 
  
    Expected dividend yield 
     - 
  
    Fair value of common stock 
     $0.66 - $8.60 

A
summary of all Warrant share activity as of and for the six months ended June 30, 2025 is presented below: 

 SUMMARY OF WARRANT ACTIVITY

    Warrant Shares  
    Weighted-Average Remaining Life (Years)  
    Weighted-Average Exercise Price  
    Aggregate Intrinsic Value (in millions) 
  
    Outstanding as of December 31, 2023 
     20,167  
     3.8  
    $348.70  
    $- 
  
    Granted 
     414,494