Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 428

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 428
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 in stock to be issued on the consolidated balance
sheets as of December 31, 2024, and 19,698
shares of Series G Preferred Stock as payment in 2025.

2025
Equity Incentive Plan

On
February 10, 2025, the Company’s Board of Directors adopted the 2025 Equity Incentive Plan (the “2025 Plan”) and authorized
the 2025 Plan to be submitted to stockholders of the Company for approval. The Company has not issued any awards under the 2025 Plan.
Following approval from the stockholders of the conversion of the Company’s Series F and F-1 Preferred Stock into common stock
on March 7, 2025, there are 1.2 million shares available for award under the 2025 Plan. The 2025 Plan provides for the issuance of incentive
stock options, non-statutory stock options, share appreciation rights, restricted shares, restricted share units, and other share-based
awards.

F-39

Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS
ON ACCOUNTING AND FINANCIAL DISCLOSURE

On December 4, 2024 the Board dismissed M&K CPAS,
PLLC from its position as the principal independent accountant for the Company. The dismissal was approved by the Audit Committee of the
Board.

The audit reports of M&K CPAS, PLLC on the Company’s
financial statements for the years ended December 31, 2023 and 2022 did not contain any adverse opinion or disclaimer of opinion or qualification,
except that the audit report of M&K CPAS, PLLC on the Company’s financial statements for the years ended December 31, 2023 and
2022 did contain a modification expressing substantial doubt about the ability of the Company to continue as a going concern. M&K
CPAS, PLLC did not, during the applicable period, advise the Company of any of the enumerated items described in Item 304(a)(1)(iv) of
Regulation S-K.

During the two most recent fiscal years and the subsequent
interim period through December 4, 2024, there was no disagreement between the Company and M&K CPAS, PLLC on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to its satisfaction,
would have caused M&K CPAS,