Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 7

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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     - 
  
    Net increase (decrease) in cash 
     307  
     (159)
  
    Effect of exchange rate changes on cash 
     17  
     - 
  
    Cash and restricted cash at the beginning of the period 
     1,182  
     306 
  
    Cash and restricted cash at the end of the period 
    $1,506  
    $147 

    Supplemental Disclosure of Cash Flow Information 

    Cash paid during the period for interest 
    $85  
    $81 
  
    Operating cash flows from operating leases 
    $158  
    $64 

    Supplemental Disclosure of Non-Cash Investing and Financing Activities 

    Note payable, related party converted to Preferred stock Series G 
    $700  
    $- 
  
    Conversion of preferred shares 
    $6  
    $- 
  
    Deemed dividend - Preferred stock Series G and warrant price protection 
    $4,588  
    $- 

The
following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheet
that sum to the same such amounts shown in the consolidated statement of cash flows:

    2025  
    2024 
  
    Cash and cash equivalents 
    $1,460  
    $147 
  
    Restricted cash 
     46  
     - 
  
    Total cash and cash equivalents and restricted cash 
    $1,506  
    $147 

The
accompanying notes are an integral part of these unaudited consolidated financial statements.

6

Beeline
Holdings, Inc.

Notes
to Consolidated Financial Statements

March
31, 2025

(Unaudited)

1.
NATURE OF BUSINESS

Beeline
Holdings, Inc. (the “Company”) was incorporated under the laws of Nevada in 2004. On March 12, 2025, the Company changed
its name from Eastside Distilling, Inc.

Merger

On
September 4, 2024, the Company entered into an Agreement and Plan of Merger and Reorganization (the “Merger”) with Bridgetown
Spirits Corp. (“Bridgetown Spirits”) and Beeline Financial Holdings, Inc. (“Beeline Financial”), a Delaware corporation.
The Merger closed on October 7, 2024 and Beeline Financial became a