Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 324

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 324
---
.A. as its independent registered public accounting firm for the year ended December 31, 2024. During the Company’s
two fiscal years ended December 31, 2023 and 2022, and through December 4, 2024, neither the Company nor anyone on behalf
of the Company consulted with Salberg & Company, P.A. regarding (a) the application of accounting principles to a specified transaction,
either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements as to which
the Company received a written report or oral advice that was an important factor in reaching a decision on any accounting, auditing or
financial reporting issue, or (b) any matter that was the subject of a disagreement or a reportable event as defined in Item 304(a)(1)(iv)
and (v), respectively, of Regulation S-K.

Item 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

The Company’s management, including the Chief
Executive Officer and Chief Financial Officer, carried out an evaluation of the effectiveness of the Company’s disclosure controls
and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”)) as of the end of the period covered by this Report. These disclosure controls and procedures are designed to ensure that
information required to be disclosed by us in the reports that we file or submit under the Exchange Act is (i) recorded, processed, summarized
and reported within the time periods specified in the SEC’s rules and forms and (ii) accumulated and communicated to our management,
including our principal executive and principal financial officers, or persons performing similar functions, as appropriate, to allow
timely decisions regarding required disclosure. Based on this evaluation, the Company’s Chief Executive Officer and Chief Financial
Officer concluded that our disclosure controls and procedures were not effective as of December 31, 2024 due to certain material deficiencies
referred to below under “Management’s Report on Internal Control Over Financial Reporting.”

57

Management’s Report on Internal Control Over
Financial Reporting

The Company’s management is responsible for
establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f)
and 15d-15(f). Under the supervision and with the participation of our management, including our Chief Executive Officer and