Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 1416

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 1416
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 shares and per share information in these
consolidated financial statements were adjusted to give effect to the 1-for-20
reverse stock split of the Company’s common stock effected on May 12, 2023 and has also been retrospectively adjusted to give
effect to the one-for-ten reverse stock split of the Company’s common stock effected on March 12, 2025.

2. GOING CONCERN, LIQUIDITY, AND MANAGEMENT’S
PLANS

These consolidated financial
statements have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates the
realization of assets and satisfaction of liabilities and commitments in the ordinary course of business. The Company is subject to
a number of risks common to emerging companies stemming from, among other things, a limited operating history, rapid technological
change, uncertainty of market acceptance and products, uncertainty of regulatory approval, competition from substitute products and
larger companies, the need to obtain additional financing, compliance with government regulation, protection of proprietary
technology, interest rate fluctuations, product liability, and the dependence on key individuals. The Company has incurred recurring
losses and negative cash flows from operations since its inception, has a working capital deficit as of December 31, 2024 and is dependent on debt and equity financing. These factors
raise substantial doubt about the Company’s ability to continue as a going concern for the twelve months following the
issuance of these financial statements. The consolidated financial statements do not include any adjustments to the carrying amounts
and classification of assets, liabilities, and reported expenses that may be necessary if assumes Company were unable to continue as
a going concern.

Management believes that its available funds and cash
flow from operations may not be sufficient to meet working capital requirements for the twelve months subsequent to the issuance of the
financial statements. In order to accomplish its business plan objectives, the Company will need to either increase revenues or raise
capital by the issuance of debt and/or equity.

    F-9

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

Management believes that it will be successful in
obtaining additional financing based on its limited history of raising funds; however, there can be no assurances that our business plans
and actions will be successful, that we 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