Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 38

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 38
---
 2029 
     242  

    Thereafter 
     249  

    Total
    lease payments 
     1,429  

    Less
    imputed interest (based on 10.0% weighted-average discount rate) 
     (308) 

    Present
    value of lease liability 
     1,121  
     3.68 
  
    Less
    current portion 
     178  

    Lease
    liabilities, net of current portion 
    $943 

15.
STOCKHOLDERS’ EQUITY

Issuance
of Common Stock

2025

On
March 12, 2025, the Company implemented a 1-for-10 reverse stock split of its common stock. All share and per share data in these consolidated
financial statements have been retrospectively adjusted to give effect to the stock split.

From
June 26, 2025 through June 30, 2025, certain holders of the Notes converted $1.0 million of their Notes into 747,221 shares of common
stock.

In
June 2025, the Company issued 10,000 shares of common stock in satisfaction of the former Chief Executive Officer’s employment
agreement which was recorded as stock issuable of $14,300 as of March 31, 2025.

In
February 2025, the Company issued 13,115 shares of common stock related to a legal settlement agreed upon in October 2024 where $0.1
million was recorded as stock to be issued as of December 31, 2024.

During
2025, the Company sold 5,540,043 shares of common stock for gross proceeds of $7.0 million
in at-the-market public placements. The Company recorded related offering costs of $0.3 million
as of September 30, 2025.

During
2025, the Company issued a cumulative 7,273,382 shares of common stock as a result of various preferred stock conversions as noted below.

2024

On
September 5, 2024, the Company entered into a Securities Purchase Agreement with a single institutional investor for the sale of 9,282
shares of common stock for $10.00 per share, and the sale of pre-funded warrants for $9.999 per warrant. The warrants permitted the purchase
of 34,920 shares of common stock for $0.001 per share. The