Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 369

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 369
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 working capital requirements for the twelve months subsequent to the issuance of the
financial statements. In order to accomplish its business plan objectives, the Company will need to either increase revenues or raise
capital by the issuance of debt and/or equity.

    F-9

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

Management believes that it will be successful in
obtaining additional financing based on its limited history of raising funds; however, there can be no assurances that our business plans
and actions will be successful, that we will generate anticipated revenues, or that unforeseen circumstances will not require additional
funding sources in the future or effectuate plans to conserve liquidity. Future efforts to raise additional funds may not be successful
or they may not be available on acceptable terms, if at all.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

These financial statements have been prepared on the
accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

PRINCIPLES OF CONSOLIDATION

The consolidated financial statements include the
consolidated accounts of Beeline Holdings, Inc. and its wholly-owned subsidiaries, Beeline Financial Holdings, Inc., Beeline Title Holdings,
Inc. (“Beeline Title Holdings”), Beeline Mortgage Holdings, Inc. (“Beeline Mortgage”), and Beeline Loans Pty Ltd.
(“Australian Subsidiary”). Intercompany transactions and balances have been eliminated.

Beeline Title Holdings has five subsidiaries, Beeline
Title, LLC (“Beeline Title”), Beeline Texas Title, LLC (“Beeline Texas Title”), Beeline Settlement Services, LLC
(“Beeline Settlement Services”), and Beeline Title Agency, LLC (“Beeline Title Agency”). Beeline Mortgage Holdings
has one subsidiary, Beeline Loans, Inc. (“Beeline Loans”).

The Company has two majority-owned
subsidiaries, Nimble Title Holdings, Inc. (“Nimble Title Holdings”) and Bridgetown Spirits. Nimble Title Holdings is 50.1%
owned by the Company and 49.9%
owned by a former non-controlling shareholder of Beeline Financial. Bridgetown Spirits is 53%
owned by the Company, see Note 5 - Debt Exchange Agreement.

Nimble Title Holdings has four subsidiaries, Nimble
Title, LLC (“Nimble Title”), Nimble Title Agency, LLC (“Nim