Company: BLNE
Filing Date: 2025-01-08
Form Type: S-1/A
Source: 0001493152-25-001415
Chunk: 164

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-08
Form: S-1/A
Chunk 164
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 of the asset. As of December 31, 2023, the Company determined that the Azuñia assets were impaired and recorded an impairment cost of $ 0.4million. Nofurther impairment charge was recorded during the nine months ended September 30, 2024.

10. Other Assets

Other assets consisted of the following:

Schedule of Other Assets

|                          | (Dollars      
 in thousands) |   | September 
  30, 2024 |   |     |   | December 
 31, 2023 |   |
|:-------------------------|:--------------|:--|----------:|:--|:----|:--|---------:|:--|
| Product                  
 branding                 |               | $ |       396 |   |     | $ |      396 |   |
| Deposits                 |               |   |       171 |   |     |   |      172 |   |
| Other                    |               |   |         - |   |     |   |       23 |   |
| Total                    
 other assets             |               |   |       567 |   |     |   |      591 |   |
| Less                     
 accumulated amortization |               |   |      (385 | ) |     |   |     (344 | ) |
| Other                    
 assets, net              |               | $ |       182 |   |     | $ |      247 |   |

| F-40 |

Eastside Distilling, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

September 30, 2024

(Unaudited)

As of September 30, 2024, the Company had $ 0.4million of capitalized costs related to services provided for the rebranding of its existing product line. This amount is being amortized over a seven-yearlife.

Amortization expense totalled $ 41,250 and $ 42,857for the nine months ended September 30, 2024 and 2023, respectively.

The deposits represent the office lease deposits and cash collateral for the Company’s credit cards.

11. Leases

The Company has various lease agreements in place for its warehouse and copier. Terms of these leases include, in some instances, scheduled rent increases, renewals, purchase options and maintenance costs, and vary by lease. These lease obligations expire at various dates through 2026. The Company determines if an arrangement is a lease at inception