Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 219

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 219
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 fully vested Phantom Shares at December 31, 2023 and 2022.

401(k) Employee Benefit Plan

Beeline has established a retirement benefit plan under Section 401(k) of the Internal Revenue Code. Under this plan, eligible employees are permitted to contribute a percentage of compensation into the retirement plan up to a maximum determined by the Internal Revenue Code. The plan also allows for discretionary employer matching contributions and profit-sharing contributions to the plan; however, no such contributions were elected for the 2023 year ended.

| F-75 |

<div align='center'>Beeline Financial Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2023 and 2022</div>

NOTE 11 - COMMITMENTS AND CONTINGENCIES

Commitments and Contingencies

LEASE OBLIGATIONS

Beeline leases office space under various operating lease agreements, including an office for its headquarters, for branch location and licensing purposes under non-cancelable lease arrangements that provide for payments on a graduated basis with various expiration dates.

Schedule of Components of Operating and Finance Lease Cost

|                      | Components of Operating and Finance Lease 
 Cost Table for the years ended            | December 31, |    2023 |     |   |    2022 |
|:---------------------|:------------------------------------------|:-------------|--------:|:----|:--|--------:|
| Operating lease cost |                                           | $            | 335,353 |     | $ | 482,363 |

Schedule of Weighted Average Operating Leases

| Maturities of lease liabilities as of |     | December 31, |       |   |     |      |       |   |
| Operating Leases                      |     |         2023 |       |   |     | 2022 |       |   |
| Weighted average remaining lease term |     |              |   3.9 
 years |   |     |      |   4.6 
 years |   |
| Weighted average discount rate        |     |              |  1.41 | % |     |      |  1.41 | % |

Schedule of Supplemental Cash Flow Information Related to Leases

| Supplemental cash flow information related 
 to leases for the years ended              |     | December 31, |      2023 |     |   |      2022 |
|:-------------------------------------------|:----|:-------------|----------:|:----|:--|----------:|
| Cash