Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 161

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 161
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three to five years. Leasehold improvements are amortized over the shorter of the lease term or the improvement’s estimated useful
life. Depreciation is not recorded on projects-in-process until the project is complete and the associated assets are placed into service
or are ready for the intended use. Impairment of property and equipment than the internal-use software is evaluated under ASC 360, Property,
Plant, and Equipment.

Under
ASC 350-40, Internal-Use Software, the Company capitalizes certain qualifying costs incurred during the application development
stage in connection with the development of internal-use software. Costs related to preliminary project activities are expensed as incurred
and post-implementation activities will be expensed as incurred. Capitalized software costs are amortized over the useful life of the
software, which is five years. Impairment of internal-use software is evaluated under ASC 350-40-35, Subsequent Measurement, on
a qualitative basis and if indicators exist, then a quantitative analysis is performed under ASC 360.

Stock-based
compensation. The Company recognizes as compensation expense all stock-based awards issued to employees. The compensation cost
is measured based on the grant-date fair value of the related stock-based awards and is recognized over the service period of stock-based
awards, which is generally the same as the vesting period. The fair value of stock options is determined using the Black-Scholes valuation
model, which estimates the fair value of each award on the date of grant based on a variety of assumptions including expected stock price
volatility, expected terms of the awards, risk-free interest rate, and dividend rates, if applicable. Stock-based awards issued to nonemployees
are recorded at fair value on the measurement date and recognized over the service periods.

ITEM
3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As
a “smaller reporting company” as defined by Item 10 of Regulation S-K, we are not required to provide information required
by this item.

ITEM
4 – CONTROLS AND PROCEDURES

We
maintain disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (“Exchange
Act”) that are designed to provide reasonable assurances that the information required to be disclosed in reports filed or submitted
under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC