Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 968

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 968
---
 held for sale, the assets and liabilities of Craft C+P have been classified as held for sale as
of December 31, 2023 and were disposed of on October 7, 2024. The operating results of Craft C+P have been classified as discontinued
operations during the years ended December 31, 2024 and 2023.

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.

Nimble Title Holdings has four subsidiaries, Nimble
Title, LLC (“Nimble Title”), Nimble Title Agency, LLC (“Nimble Title Agency”), Nimble Texas Title, LLC (“Nimble
Texas Title”), and Nimble Settlement Services, LLC (“Nimble Settlement Services”). 

The discussion which follows should be read in conjunction
with the consolidated financial statements and notes to the consolidated financial statements contained in this Report.

46

Our
Business

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

Bridgetown Spirits
manufactures (through sub-contractors), acquires, blends, bottles, imports, markets and sells a wide variety of alcoholic beverages under
recognized brands. Bridgetown Spirits’ brands span several alcoholic beverage categories, including whiskey, vodka, rum, and