Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 1294

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 1294
---
 C+P were as
follows as of December 31:

SCHEDULE OF DISPOSAL GROUPS, INCLUDING DISCONTINUED OPERATIONS 

    (Dollars in thousands) 
    2023 
  
    Assets 

    Current assets: 

    Cash 
    $96 
  
    Trade receivables, net 
     396 
  
    Inventories 
     526 
  
    Prepaid expenses and other current assets 
     250 
  
    Total current assets 
     1,268 
  
    Property and equipment, net 
     4,598 
  
    Right-of-use assets 
     1,923 
  
    Intangible assets, net 
     827 
  
    Other assets, net 
     321 
  
    Total Assets 
    $8,937 

    Liabilities 

    Current liabilities: 

    Accounts payable 
    $1,014 
  
    Accrued liabilities 
     110 
  
    Deferred revenue 
     88 
  
    Current portion of lease liabilities 
     665 
  
    Total current liabilities 
     1,877 
  
    Lease liabilities, net of current portion 
     1,366 
  
    Total liabilities 
    $3,243 

    F-20

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

Income and expense related to Craft C+P were as follows
for the years ended December 31:

    (Dollars in thousands) 
    2024  
    2023 
  
    Sales 
    $6,903  
    $6,817 
  
    Less customer programs and excise taxes 
     120  
     105 
  
    Net sales 
     6,783  
     6,712 
  
    Cost of sales 
     6,510  
     6,829 
  
    Gross profit (loss) 
     273  
     (117)
  
    Operating expenses: 

    Sales and marketing expenses 
     45  
     126 
  
    General and administrative expenses 
     2,436  
     2,878 
  
    Gain on disposal of property and equipment 
     (195) 
     (367)
  
    Total operating expenses 
     2,286  
     2,637