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

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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 that 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; and that it will be successful in obtaining this additional financing based on its recent history
of raising funds.

Subsequent to September 30, 2025, the Company expanded
and diversified its warehouse lines to $25.0 million tripling its prior $5.0 million line and adding two new $5.0 million lines with new
lenders in anticipation of rapid revenue growth and loan origination volume. In addition, the Company entered into a Securities Purchase
Agreement with certain accredited investors in a registered direct offering raising  of net proceeds of $6.6 million. The
Company intends to use the net proceeds from the Offering for general corporate purposes and the redemption of outstanding shares of Series
E Convertible Preferred Stock.

    7

Beeline
Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

In
addition to the Company increasing its legacy revenue streams, the Company is diversifying into new lines of business. On June 25, 2025,
Beeline Title facilitated the closing of what it believes to be one of the first-ever fractional sale of home real estate transactions
funded through the sale of a cryptocurrency with a partner who will fund these transactions through the sale of a crypto
token which is backed by real property. While neither the Company, nor its subsidiaries, mints the token, Beeline Title handles the settlement
and title portions of these transactions for its client, who is minting the token. In the fourth quarter of 2025, Beeline Loans began
providing customer acquisition services and support to the company minting the token and offering the equity exchange transaction. The
Company receives 3.5% of the amount of equity sold and markets the product through its website as BeelineEQUITY. Beeline Title will provide
the title and closing services for each transaction—unless borrowers elect to use an outside title company. Importantly, Beeline
Title will open this platform to all mortgage lenders, giving 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