Company: BLNE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024044
Chunk: 2

Company: Beeline Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 2
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them access to a proven solution for cryptocurrency token transaction reconciliation, compliance, and disbursement. As
cryptocurrency adoption accelerates and becomes regulated by federal and state governments, the Company is positioning itself as a
leader in this fast-moving ecosystem, offering trusted infrastructure to help lenders scale into a future where crypto and
compliance go hand-in-hand. The Company collaborates with a related party company which is co-owned by the Company’s Chief
Executive Officer, Nicholas Liuzza, by which the company funds the transactions through the sale of a cryptocurrency token which is
backed by real property. See Note 19 – Related Party Transactions. Passing of the GENIUS Act in June 2025 has delayed
the full launch of BeelineEQUITY to early quarter four of 2025. Prior to a full launch, Beeline Loans and Beeline Title will close
many transactions as the product and process are perfected.

Beeline Labs recently launched BlinkQC, a SaaS platform designed to
automate pre-close quality control (“QC”) reviews for mortgage loan files. Beeline Loans has been beta testing BlinkQC in
its own operation and will use BlinkQC for its pre-close QC. Later this year, Beeline Labs plans to license BlinkQC as SaaS BlinkQC uses
artificial intelligence to ingest loan document packages, extract and validate data, apply customizable rule sets, and generate compliance
reports. Management believes BlinkQC will improve QC efficiency for mortgage lenders and represents a potential source of incremental
revenue for the Company.

Despite these new lines of business, there can be no assurances that these
business plans and actions will be successful, that the Company will generate anticipated revenues, or that unforeseen circumstances will
not require additional funding sources in the future or effectuate plans to conserve liquidity. Future efforts to raise additional funds
may not be successful or they may not be available on acceptable terms, if at all.

    7

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

June 30, 2025

(Unaudited)

3.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS
OF PRESENTATION

These
financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally
accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the rules and
regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally
included in financial statements in