Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 747

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 747
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 report. During
the same period, there was no “reportable event,” as described in Item 304(a)(1)(v) of Regulation S-K, except that, in connection
with its audit of the financial statements for the years ended December 31, 2023 and 2022, M&K CPAS, PLLC advised the Company that
there was a material weakness in the internal controls necessary for the Company to develop reliable financial statements since management
lacked a formal policy of inputs in testing for impairment.

The Company requested M&K CPAS, PLLC to furnish
a letter addressed to the Securities Exchange Commission stating whether or not M&K CPAS, PLLC agrees with the foregoing statements
pertaining to M&K CPAS, PLLC. A copy of the letter is filed as Exhibit 16.1 to this Report.

On December 4, 2024, the Company appointed Salberg
& Company, P.A. as its independent registered public accounting firm for the year ended December 31, 2024. During the Company’s
two fiscal years ended December 31, 2023 and 2022, and through December 4, 2024, neither the Company nor anyone on behalf
of the Company consulted with Salberg & Company, P.A. regarding (a) the application of accounting principles to a specified transaction,
either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements as to which
the Company received a written report or oral advice that was an important factor in reaching a decision on any accounting, auditing or
financial reporting issue, or (b) any matter that was the subject of a disagreement or a reportable event as defined in Item 304(a)(1)(iv)
and (v), respectively, of Regulation S-K.

Item 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

The Company’s management, including the Chief
Executive Officer and Chief Financial Officer, carried out an evaluation of the effectiveness of the Company’s disclosure controls
and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”)) as of the end of the period covered by this Report. These disclosure controls and procedures are designed to ensure that
information required to be disclosed by us in the reports that we file or submit under the