Company: BLNE
Filing Date: 2025-01-08
Form Type: S-1/A
Source: 0001493152-25-001415
Chunk: 174

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-08
Form: S-1/A
Chunk 174
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 prior year plan amount. As of September 30, 2024, there were 2,120options and 196,619restricted stock units (“RSUs”) outstanding under the 2016 Plan, with vesting schedules varying between immediate or three (3) years from the grant date.

A summary of all stock option activity as of and for the nine months ended September 30, 2024 is presented below:

Summary of Stock Options Activity

|                                          |     | #          
 of Options |       |     | Weighted-      
 Average        
 Exercise Price |       |
|:-----------------------------------------|:----|:-----------|------:|:----|:---------------|------:|
| Outstanding                              
 as of December 31, 2023                  |     |            | 2,120 |     | $              | 57.95 |
| Outstanding                              
 and Exercisable as of September 30, 2024 |     |            | 2,120 |     | $              | 57.95 |

The aggregate intrinsic value of options outstanding as of September 30, 2024 was $ 0. As of September 30, 2024, all options had vested.

The Company uses the Black-Scholes valuation model to measure the grant-date fair value of stock options. The grant-date fair value of stock options issued to employees is recognized on a straight-line basis over the requisite service period. Stock-based awards issued to nonemployees are recorded at fair value on the measurement date and are subject to periodic market adjustments as the underlying stock-based awards vest.

| F-46 |

Eastside Distilling, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

September 30, 2024

(Unaudited)

To determine the fair value of stock options using the Black-Scholes valuation model, the calculation takes into consideration the effect of the following:

| ● | Exercise                                                 
 price of the option                                      |
| ● | Fair                                                     
 value of the Company’s common stock on the date of grant |
| ● | Expected                                                 
 term of the option                                       |
| ● | Expected                                                 
 volatility over the expected term of the option          |
| ● | Risk-free                                                
 interest rate for the expected term of the option        |

The calculation includes several assumptions that require management’s judgment. The expected term of the options is calculated using the simplified method described in GAAP. The simplified method defines the expected term as the average of the contractual term and the vesting period. Estimated volatility