Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 626

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 626
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 summary of all stock option activity as of and for
the years ended December 31, 2024 and 2023 is presented below:

SUMMARY
OF STOCK OPTIONS ACTIVITY

    # of Options  
    Weighted- Average Exercise Price 
  
    Outstanding as of December 31, 2022 
    259  
    $632.00 
  
    Options canceled 
     (47) 
     879.80 
  
    Outstanding as of December 31, 2023 
     212  
    $579.50 
  
    Options canceled 
     (108) 
    1,215.91 
  
    Outstanding and Exercisable as of December 31, 2024 
     104  
    $304.34 

The aggregate intrinsic value of options outstanding
as of December 31, 2024 was $0. As of December 31, 2024, 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 expected term of the options. The risk-free interest rate is based on the U.S. Treasury constant maturities in effect at the time
of grant for the expected term of the options.

The Company did not issue any additional options during
the years ended December 31, 2024