Company: BLNE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024044
Chunk: 54

Company: Beeline Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 54
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 financial performance of each of our reportable segments consisting of Beeline Financial
and Corporate. We evaluate segment performance based on key financial and operational metrics, including revenue, operating income, and
margin trends. The results of each segment are presented in accordance with our internal management reporting structure.

Beeline
Financial is a full service Direct-to-Consumer lender specializing in conventional conforming and non-conforming residential first-lien
mortgages and providing title services. Beeline Financial also has an emerging business in anonymized data sales and technology licensing.

36

Corporate
primarily consists of general corporate expenses, including public company costs, executive compensation, legal and regulatory compliance,
and other administrative functions that support the overall business. This segment also includes holding company expenses, such as financing
costs, investor relations, and strategic corporate initiatives that are not directly attributable to any operating segment. As this segment
does not generate revenue, its financial results primarily reflect overhead, and governance-related expenditures incurred to support
the company’s publicly traded status and corporate infrastructure.

    Three Months Ended June 30,  
    Six Months Ended June 30, 
  
    (Dollars in thousands) 
    2025  
    2024  
    2025  
    2024 
  
    Beeline Financial Revenues 
    $1,717  
    $-  
    $3,067  
    $- 

    Beeline Financial 
    $(1,568) 
    $-  
    $(3,893) 
    $- 
  
    Corporate 
     (2,434) 
     (658) 
     (6,812) 
     (1,270)
  
    Total net loss from continuing operations 
    $(4,002) 
    $(658) 
    $(10,705) 
    $(1,270)

Beeline
Financial (For the Three and Six Months Ended June 30, 2025)

    Three Months Ended June 30,  
    Six Months Ended June 30, 
  
    (Dollars in thousands) 
    2025  
    2025 
  
    Gain on sale of loans, net 
    $1,113  
    $1,927 
  
    Title fees 
     405  
     781 
  
    Loan origination fees 
     186  
     336 
  
    Interest income 
     71