Company: BLNE
Filing Date: 2025-01-14
Form Type: 424B3
Source: 0001493152-25-002137
Chunk: 121

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-14
Form: 424B3
Chunk 121
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 fact that the Company uses management estimates on future revenues and expenses which are not easily able to be substantiated.

Given these factors and due to significant judgements made by management, the related audit effort in evaluating management’s judgments in evaluation of intangible assets required a high degree of auditor judgment.

The procedures performed included evaluation of the methods and assumptions used by the Company, tests of the data used and an evaluation of the findings. We evaluated and tested the Company’s significant judgments that determine the impairment evaluation of intangible assets.

| /s/                                                                                
 M&K CPAS, PLLC                                                                     |
| We                                                                                 
 have served as the Company’s auditor since 2017.                                   |
| The                                                                                
 Woodlands, TX                                                                      |
| April                                                                              
 1, 2024 except for presentation of discontinued operations and note 4 for the date 
 which is January 3, 2025                                                           |

| F-7 |

<div align='center'>Eastside Distilling, Inc. and Subsidiaries

Consolidated Balance Sheets

December 31, 2023 and 2022

(Dollars in thousands, except share and per share)</div>

| Assets                                                                                                                              
 Current assets:                                                                                                                     |     | 2023 |         |   |     | 2022 |         |   |
|:------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|--------:|:--|:----|:-----|--------:|:--|
| Cash                                                                                                                                |     | $    |     306 |   |     | $    |     612 |   |
| Restricted cash                                                                                                                     |     |      |         |   |     |      |         |   |
| Mortgage loans held for sale, at fair value                                                                                         |     |      |         |   |     |      |         |   |
| Interest rate lock derivative                                                                                                       |     |      |         |   |     |      |         |   |
| Trade receivables, net                                                                                                              |     |      |     163 |   |     |      |     413 |   |
| Inventories                                                                                                                         |     |      |   2,686 |   |     |      |   3,451 |   |
| Prepaid expenses and other current assets                                                                                           |     |      |     114 |   |     |      |     177 |   |
| Current assets held for sale                                                                                                        |     |      |   1,268 |