Company: BLNE
Filing Date: 2025-01-17
Form Type: PRE 14A
Source: 0001493152-25-002779
Chunk: 168

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-17
Form: PRE 14A
Chunk 168
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 $ |       176 |     | $ |      113 |

8. Property and Equipment

Property and equipment consisted of the following:

Schedule of Property and Equipment

|                             | (Dollars      
 in thousands) |   | September 
  30, 2024 |   |     |   | December 
 31, 2023 |   |     |     |   Useful 
 Life (in 
   years) |
|:----------------------------|:--------------|:--|----------:|:--|:----|:--|---------:|:--|:----|:----|---------:|
| Furniture                   
 and fixtures                |               | $ |       625 |   |     | $ |      625 |   |     |     |      3.0 
    - 7.0 |
| Leasehold                   
 improvements                |               |   |     1,386 |   |     |   |    1,386 |   |     |     |      3.5 
    - 5.0 |
| Vehicle                     |               |   |        27 |   |     |   |       27 |   |     |     |      7.0 |
| Total                       
 cost                        |               |   |     2,038 |   |     |   |    2,038 |   |     |     |          |
| Less                        
 accumulated depreciation    |               |   |    (1,926 | ) |     |   |   (1,869 | ) |     |     |          |
| Total                       
 property and equipment, net |               | $ |       112 |   |     | $ |      169 |   |     |     |          |

Purchases of property and equipment for the nine months ended September 30, 2024 and 2023 were niland $0.1million, respectively. Depreciation expense totalled $0.1 million for both the nine months ended September 30, 2024 and 2023.

During the nine months ended September 30, 2024, the Company did not dispose of any fixed assets. During the nine months ended September 30, 2023, the Company disposed of fixed assets for proceeds of $0.1million with a net book value of $0.1million resulting in a loss of $2,962.

9. Intangible Assets

Intangible assets consisted of the following:

Schedule of Intangible