Company: BLNE
Filing Date: 2025-01-14
Form Type: 424B3
Source: 0001493152-25-002137
Chunk: 118

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-14
Form: 424B3
Chunk 118
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 to Eastside, Beeline and Mr. Gwin. Accordingly, at the time of the Merger, Eastside’s Employment Agreement with Geoffrey Gwin was amended as follows:

| a. | The                                                                                    
 performance bonuses in Employment Agreement were replaced by a stock bonus of $90,000. |

| b. | Eastside                                                                                   
 issued 400,000 shares of common stock to Mr. Gwin, which will vest on the earlier of March 
 31, 2025 or the date on which Mr. Gwin’s employment is terminated without cause.           |

| F-2 |

<div align='center'>Eastside Distilling, Inc. and Subsidiaries

Consolidated Balance Sheet

September 30, 2024

(Dollars in thousands)

(Unaudited)</div>

| Assets                                                           
 Current                                                          
 assets:                                                          |     | Historical          
 Eastside Distilling |         |   |     | First                                        
 Amended and Restated Debt Exchange Agreement |         |   |     | Agreement                             
 and Plan of Merger and Reorganization |        |     | Total |         |   |
|:-----------------------------------------------------------------|:----|:--------------------|--------:|:--|:----|:---------------------------------------------|--------:|:--|:----|:--------------------------------------|-------:|:----|:------|--------:|:--|
| Cash                                                             |     | $                   |     310 |   |     | $                                            |     (60 | ) |     | $                                     |    103 |     | $     |     353 |   |
| Trade                                                            
 receivables, net                                                 |     |                     |     105 |   |     |                                              |       - |   |     |                                       |     91 |     |       |     196 |   |
| Inventories                                                      |     |                     |   1,793 |   |     |                                              |    (636 | ) |     |                                       |      - |     |       |   1,157 |   |
| Prepaid                                                          
 expenses and other current assets                                |     |                     |     176 |   |     |                                              |       - |   |     |                                       |  6,637 |     |       |   6,813 |   |
| Current                                                          
 assets held for sale                                             |     |                     |   2,640 |   |     |                                              |  (2,640 | ) |     |