Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 155

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 155
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 valuation model, the calculation takes into consideration the effect of the following:

    ●
    Exercise price of the option

    ●
    Fair value of the common stock on the date of grant

    ●
    Expected term of the option

    ●
    Expected volatility over the expected term of the option

    ●
    Risk-free interest rate for the expected term of the option

The calculation includes several assumptions that
require management’s judgment. The expected term of the options is calculated using the simplified method described in GAAP. The
simplified method defines the expected term as the average of the contractual term and the vesting period. Estimated volatility 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 options during
the years ended December 31, 2024 and 2023.

    F-33

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

Warrants

During the fourth quarter of 2024, the Company sold
shares of Series G Preferred Stock and in conjunction issued warrants to purchase a total of 224,216 shares of common stock. The warrants
have a term of five years from issuance and are exercisable at an exercise price of $6.50 per share.

On November 22 and November 25, 2024, Eastside entered
into Securities Purchase Agreements for the sale of 68,627 shares of common stock and warrants to purchase a total of 34,332 shares of
common stock. Each warrant is exercisable to purchase common stock at a price per share of $6.50. The holder’s ability to exercise
a warrant will terminate on the later of the third anniversary of the issue date for the warrant or the first anniversary of the stockholder
approval of an increase in the authorized shares of common stock.

On November 14, 2024,
the Company sold $1.9
million in aggregate principal amount of the Notes and the Warrants to purchase a total of 36,360
shares of common stock for net proceeds of $1.6
million in the Offering. The Warrants have a term of five
years from issuance and are exercisable at an