Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 47

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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 seven investors for the three months ended March 31, 2025.

Escrows
Payable

As
a service to its clients, the Company administers escrow deposits representing undisbursed amounts received for payment of settlement
and title services. Escrow deposits held by the Company was $1.3
million as of March 31, 2025. These amounts are
not considered assets of the Company and, therefore, are excluded from the consolidated balance sheets. The Company remains contingently
liable for the disposition of these deposits.

    29

Beeline
Holdings, Inc.

Notes
to Consolidated Financial Statements

March
31, 2025

(Unaudited)

Exclusive
Supplier Agreement 

The
Company has a long-term exclusive agreement with Agaveros Unidos de Amatitan, SA. de CV (“Agaveros Unidos”) for the Azuñia
Tequila brand. The termination of this relationship or an adverse change in the terms of this arrangement with Agaveros Unidos could
have a negative impact on the Company’s business. If Agaveros Unidos increases its prices, the Company may not be able to secure
alternative suppliers, and may not be able to raise the prices of its products to cover all or even a portion of the increased costs.
Also, any failure by Agaveros Unidos to perform satisfactorily or handle increased orders, or delays in shipping, could cause the Company
to fail to meet orders for its products, lose sales, incur additional costs and/or expose the Company to product quality issues. In turn,
this could cause the Company to lose credibility in the marketplace and damage its relationships with distributors, ultimately leading
to a decline in our business and results of operations. If the Company is not able to renegotiate these contracts on acceptable terms
or find suitable alternatives, its business, financial condition or results of operations could be negatively impacted.

19.
NET INCOME (LOSS) PER COMMON SHARE

Basic
income (loss) per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding
during the period, without considering any dilutive items. Potentially dilutive securities consist of the incremental common stock issuable
upon exercise of preferred stock, stock options, and warrants. Potentially dilutive securities are excluded from the computation if their
effect is anti-dilutive. There were no
anti-dilutive common shares included in the calculation of
income (loss) per common share as of March