Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 47

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 47
---
 such increase to occur on January 1, 2026. 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.

The
following grants under the 2025 Plan were all made subject to stockholder approval of the Plan which occurred on October 2, 2025. On
May 28, 2025, the Board of Directors of the Company approved grants of cash and restricted stock to its non-employee directors and stock
options to senior executives and employees. On August 1, 2025, the Board of Directors approved a grant of restricted stock to two persons
for past services as directors of a subsidiary. On September 4, 2025, the Board of Directors approved a grant of restricted stock units
to an employee for past services to the Company. Due to stockholder approval after September 30, 2025, the grants were not accounted
for as of September 30, 2025.

The
cash grants were not subject to stockholder approval. The cash awarded to four non-employee directors, is payable quarterly in arrears
and subject to continued service. Three board members elected to receive 100% of the cash awards in shares of restricted common stock
at $0.92 per share and one board member elected to receive 50% of the cash in common stock and 50% in cash.

    28

Beeline
                                            Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

Stock
Options

A
summary of all stock option activity as of and for the nine months ended September 30, 2025 is presented below:

 SCHEDULE OF STOCK OPTIONS ACTIVITY

    #
    of Options  
    Weighted-Average
    Exercise Price 
  
    Outstanding
    as of December 31, 2023 
     212  
    $579.50 
  
    Options
    forfeited 
     (108) 
     1,215.91 
  
    Outstanding
    as of December 31, 2024 
     104  
    $304.34 
  
    Options
    forfeited 
     (75) 
     304.39 
  
    Outstanding
    and exercisable as of September 30, 2025 
     29  
    $339.