Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 96

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 8
Chunk 96
---
2,325) 
    $- 

    Bridgetown Spirits 

    Net sales, spirits 
    $482  
    $597 
  
    Cost of sales, spirits (inclusive of depreciation) 
     418  
     460 
  
    Salaries and benefits 
     162  
     147 
  
    Marketing and advertising 
     61  
     87 
  
    Professional fees 
     9  
     - 
  
    General and administrative expenses 
     52  
     - 
  
    Depreciation and amortization 
     4  
     - 
  
    Total operating expenses 
     706  
     694 
  
    Loss from operations 
     (224) 
     (97)
  
    Other income 
     -  
     5 
  
    Net loss 
    $(224) 
    $(92)
  
    Gross profit 
    $64  
    $137 
  
    Gross margin 
     13% 
     23%

    Bridgetown Spirits 

    Corporate 

    Salaries and benefits 
    $1,002  
    $203 
  
    Marketing and advertising 
     3  
     - 
  
    Professional fees 
     1,131  
     45 
  
    General and administrative expenses 
     218  
     102 
  
    Depreciation and amortization 
     24  
     14 
  
    Other operating expenses 
     8  
     - 
  
    Total operating expenses 
     2,386  
     364 
  
    Interest income 
     1  
     - 
  
    Interest expense 
     (1,879) 
     (248)
  
    Loss on equity method investment 
     (75) 
     - 
  
    Other income 
     14  
     1 
  
    Other expense 
     (53) 
     - 
  
    Net loss 
    $(4,378) 
    $(611)

    17

Beeline
Holdings, Inc.

Notes
to Consolidated Financial Statements

March
31, 2025

(Unaudited)

6.
FAIR VALUE MEASUREMENTS

Assets
or liabilities measured at fair value on a recurring basis were as follows:

 SCHEDULE OF ASSETS OR LIABILITIES MEASURED