Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 261

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 261
---
 Cash Flow Information 

    Cash paid during the period for interest 
    $27  
    $746 
  
    Cash paid during the period for income taxes 
     -  
     - 
  
    Operating cash flows from operating leases 
     581  
     41 

    Supplemental Disclosure of Non-Cash Investing and Financing Activities 

    Equity exchanged for secured debt 
    $448  
    $6,322 
  
    Shares issued for Merger, net of cash received 
     47,963  
     - 
  
    Shares issued to incentivize debt 
     614  
     - 
  
    Warrants issued in relation to debt issuance 
     368  
     - 
  
    Consulting services for future services 
     553  
     - 
  
    Dividends issued 
     150  
     150 
  
    Right-of-use assets obtained in exchange for lease obligations 
     -  
     700 
  
    Accrued interest rolled into notes payable 
     -  
     241 

The following table provides a reconciliation of cash
and cash equivalents and restricted cash reported within the consolidated balance sheet that sum to the same such amounts shown in the
consolidated statement of cash flows:

    2024  
    2023 
  
    Cash and cash equivalents 
    $391  
    $306 
  
    Restricted cash 
     791  
     - 
  
    Total cash and cash equivalents and restricted cash 
    $1,182  
    $306 

The accompanying notes are an integral part of these
consolidated financial statements.

F-8

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

1. NATURE OF BUSINESS

Eastside Distilling (“Eastside”) was incorporated
under the laws of Nevada in 2004 under the name of Eurocan Holdings, Ltd. In December 2014, Eastside changed its corporate name to Eastside
Distilling, Inc. to reflect the acquisition of Eastside Distilling, LLC.

Merger

On September 4, 2024, Eastside entered into an Agreement
and Plan of Merger and Reorganization (the “Merger”) with Bridgetown Spirits Corp. (“Bridgetown Spirits”) and
Beeline Financial Holdings, Inc. (“Beeline Financial”).