Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 27

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 27
---
 sale may adversely affect the market.

    ●
    A lack of securities or industry analyst coverage on our business or negative reports could negatively impact the market price and trading volume of our common stock.

    ●
    We have never paid dividends, and we do not expect to pay dividends for the foreseeable future.

Investing in our common stock involves a high degree
of risk. Investors should carefully consider the following Risk Factors before deciding whether to invest in the Company. Additional risks
and uncertainties not presently known to us, or that we currently deem immaterial, may also impair our business operations or our financial
condition. If any of the events discussed in the Risk Factors below occur, our business, consolidated financial condition, results of
operations or prospects could be materially and adversely affected. In such case, the value and marketability of our securities could
decline.

19

Following our acquisition of Old Beeline on October
7, 2024, our focus is on, and our future revenue and operating results are anticipated to be derived both from, the Beeline mortgage business
and the Spirits business. As such, the following risks, as they relate to our business, are divided among financial risks, Beeline-related
risks, Spirits-related risks, and risks related to our combined Company as a whole.

Financial Risks Related to the Company

Because there is substantial
doubt as to the Company’s ability to continue as a going concern, we may not be successful and our ability to continue our operations
is in doubt unless we can access sufficient working capital within the timeframe needed.

The Company has limited capital
and substantial accumulated deficit as of the date of this Report. We do not have sufficient working capital and cash flows for continued
operations for at least the next 12 months, which raises a risk of our potential inability to continue as a going concern. Our continued
existence is dependent upon our obtaining the necessary capital to meet our expenditures, and we can provide no assurance that we will
be able to raise adequate capital to meet our future working capital needs.

We have substantial indebtedness
which becomes due and payable in the near future, and if we are unable to repay this indebtedness as and when it comes due, it could materially
adversely affect our business and your investment in us.

We presently have a total
of $8.2 million of current outstanding indebtedness, not
including amounts due under its warehouse line to place mortgage loans, whereby mortgage loans are then resold to third
parties