Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 86

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 86
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 to our lending
partners.

Liquidity
Policy. We maintain a strong focus on liquidity and define our liquidity risk tolerance based on sources and uses to maintain
a sufficient liquidity position to meet our business needs and financial obligations under both normal and stressed conditions. We believe
that our consolidated liquidity and availability under our revolving credit facilities will be sufficient to meet our liquidity needs.

Liquidity.
Our primary sources of liquidity consist of cash and cash equivalents, cash flow from our operating businesses, proceeds from asset sales
and dispositions, and short-term borrowing facilities, including revolving credit lines. Cash generation may fluctuate due to various
factors, including seasonality, timing of loan originations and repayments, market conditions, and our ability to execute strategic asset
sales or dispositions. As of March 31, 2025, we have $1.4 million in cash.

We
do not have sufficient cash resources to meet our working capital needs for the next 12 months. Our ability, to meet our ongoing operating
cash needs over the next 12 months will depend, in part, on the success of Beeline in expanding sales and achieving cash-positive operations.
In large part, our ability to meet near-term operating cash needs will depend on our success in securing debt and/or equity financing
as needed.

On
December 31, 2024, the Company entered into entered into a Common Stock Purchase Agreement and related Registration Rights Agreement
(collectively, the “ELOC Agreement”) with an institutional investor (the “Purchaser”) pursuant to which the Company
agreed to sell, and the Purchaser agreed to purchase, up to $35 million of the Company’s common stock, subject to a sale limit
of 19.99% of the outstanding shares of the Company’s common stock. On March 7, 2025, the Company entered into an Amended ELOC Agreement
to reduce the amount from $35 million to $10 million. During March 2025, the Company sold and issued a total of 1,090,622 shares of common
stock for an aggregate purchase price of $2.1 million to the purchaser.

During
2025, the Company sold 6,417,159 shares of Series G Preferred Stock and five-year Warrants to purchase a total of 320,862 shares of common
stock for total gross proceeds of $3.3 million.

As of March 31, 2025, we have approximately $1.4 million in cash