Company: BLNE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024044
Chunk: 19

Company: Beeline Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 19
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    (Dollars in thousands) 
     2025  
     2024 

    Corporate 

    (Dollars in thousands) 
     2025  
     2024 
  
    Salaries and benefits 
    $1,819  
    $364 
  
    Marketing and advertising 
     12  
     - 
  
    Professional fees 
     2,285  
     133 
  
    General and administrative expenses 
     488  
     189 
  
    Depreciation and amortization 
     49  
     28 
  
    Other operating expenses 
     107  
     - 
  
    Total operating expenses 
     4,760  
     714 
  
    Interest income 
     1  
     - 
  
    Interest expense 
     (2,257) 
     (556)
  
    Gain on extinguishment of debt 
     75  
     - 
  
    Change in equity method investment 
     129  
     - 
  
    Net loss 
    $(6,812) 
    $(1,270)

    Consolidated net loss 
    $(10,705) 
    $(1,270)

6.
FAIR VALUE MEASUREMENTS

Assets
or liabilities measured at fair value on a recurring basis were as follows:

 SCHEDULE OF ASSETS OR LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS

    (Dollars in thousands) 
    June 30, 2025  
    December 31, 2024 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Level 1  
    Level 2  
    Level 3 
  
    Mortgage loans held for sale 
    $-  
    $6,169  
    $-  
    $-  
    $6,925  
    $- 
  
    Interest rate lock commitment derivative 
     -  
     -  
     115  
     -  
     -  
     18 

A
roll forward of the level 3 valuation financial instruments was as follows:

 SCHEDULE OF A ROLL FORWARD OF THE LEVEL 3 VALUATION FINANCIAL INSTRUMENTS

    (Dollars in thousands) 
    June