Company: BLNE
Filing Date: 2025-01-03
Form Type: S-1/A
Source: 0001493152-25-000284
Chunk: 211

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-03
Form: S-1/A
Chunk 211
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 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 |

Beeline Financial Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2023 and 2022

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 paid for amounts included             
 in the measurement of lease liabilities:   |     | $            |         - |     | $ |         - |
| Operating cash flows from operating        
 leases                                     |     |              |   340,149 |     |   |