Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 128

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 128
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 stock and 50% in cash.

    28

Beeline
                                            Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

Stock
Options

A
summary of all stock option activity as of and for the nine months ended September 30, 2025 is presented below:

 SCHEDULE OF STOCK OPTIONS ACTIVITY

    #
    of Options  
    Weighted-Average
    Exercise Price 
  
    Outstanding
    as of December 31, 2023 
     212  
    $579.50 
  
    Options
    forfeited 
     (108) 
     1,215.91 
  
    Outstanding
    as of December 31, 2024 
     104  
    $304.34 
  
    Options
    forfeited 
     (75) 
     304.39 
  
    Outstanding
    and exercisable as of September 30, 2025 
     29  
    $339.49 

The
aggregate intrinsic value of options outstanding as of September 30, 2025 was $0 and all options had vested.

The
Company uses the Black-Scholes valuation model to measure the grant-date fair value of stock options. The grant-date fair value of stock
options issued to employees is recognized on a straight-line basis over the requisite service period. Stock-based awards issued to nonemployees
are recorded at fair value on the measurement date and are subject to periodic market adjustments as the underlying stock-based awards
vest.

To
determine the fair value of stock options using the Black-Scholes 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