Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 218

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 218
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                 |     |                      |       - |   |     |                               |     - |   |
| Non-vested, December 31, 2023 |     |                      |       - |   |     | $                             |     - |   |

Option Awards

During 2023, the Company’s Board of Directors granted 609,090 new stock options to employees as incentive stock options (ISOs). These options have a fair value of approximately $900,000 and carry a four-year vesting period. The issuance of these options, along with a prior year grant, generated stock option compensation expense in the year 2023 in the amount of $374,746. Stock option expense in fiscal 2022, related to prior year grants was $77,217.

| F-74 |

<div align='center'>Beeline Financial Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2023 and 2022</div>

At December 31, 2023, the total unrecognized compensation related to unvested stock option awards granted, was approximately $0.8 million, which the Company expects to recognize over a weighted-average period of approximately 3.5 years.

Stock option activities for the years ended December 31, 2023 and 2022 are summarized as follows:

Schedule of Stock Option Activity

|                                        |     | Number     
 of Options |         |   |     | Weighted               
 Average Exercise Price |      |     | Weighted                                   
 Average Remaining Contractual Term (Years) |     |     | Aggregate       
 Intrinsic Value |   |
|:---------------------------------------|:----|:-----------|--------:|:--|:----|:-----------------------|-----:|:----|:-------------------------------------------|----:|:----|:----------------|:--|
| Balance Outstanding, December 31, 2021 |     |            | 228,810 |   |     | $                      | 4.08 |     |                                            |   6 |     | $               | - |
| Forfeited                              |     |            | (35,090 | ) |     |                        |    - |     |                                            |     |     |                 | - |
| Balance Outstanding, December 31, 2022 |     |            | 193,720 |   |     |                        | 3.94 |     |                                            |   5 |     |                 | - |
| Granted                                |     |            |