Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 129

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 129
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 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 stock options during the nine months ended September 30, 2025.

Warrants

During
the nine months ended September 30, 2025, the Company sold shares of Series G Preferred Stock and in conjunction issued warrants to purchase
a total of 320,862 shares of common stock. The Company recorded offering costs of $6,270 as of September 30, 2025. In addition, the Company’s
Chief Executive Officer converted his $0.7 million bridge loan into $0.7 million of units comprised of 1,372,549 shares of Series G Preferred
Stock and five-year5 Warrants to purchase a total of 68,628 shares. The Warrants have a term of five years from issuance and are exercisable
at an exercise price of $6.50 per share.

In
July 2025, the Company issued warrants to purchase a total of 25,000 shares of common stock in connection with a settlement. The warrants
have a term of four years from issuance and are exercisable at an exercise price of $1.00 per share. See Note 20 – Subsequent
Events.

The
estimated fair value of the new warrants issued in 2025 was based on a combination of closing market trading price on the date of issuance
for the public offering warrants, and the Black-Scholes option-pricing model, using the weighted average assumptions below:

 SCHEDULE OF FAIR VALUE OF WARRANTS

    Volatility
     
    100-139
    %
  
    Risk-free
    interest rate

    3.94%
    - 4.46
    %
  
    Expected
    term (in years)

    4.00-5.00

    Expected
    dividend yield

    -

    Fair
    value of common stock

    $0.66
    - $8.60

    29

Beeline
                                            Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

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

 SCHEDULE OF WARRANT ACTIVITY

    Warrant
    Shares