Company: BLNE
Filing Date: 2025-01-14
Form Type: 424B3
Source: 0001493152-25-002137
Chunk: 136

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-14
Form: 424B3
Chunk 136
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 implicit in each lease is not readily determinable, the Company uses its incremental borrowing rate based on information available at commencement to determine the present value of the lease payments. Right-of-use assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. Leases with an initial term of 12 months or less (“short-term leases”) are not recorded on the balance sheet and are recognized on a straight-line basis over the lease term. As of December 31, 2023, the amount of right-of-use assets and lease liabilities were $0.7million and $0.7million, respectively. Aggregate lease expense for the year ended December 31, 2023 was $0.3 million, consisting of $0.3million in operating lease expense for lease liabilities and $0 million in short-term lease cost.

| F-19 |

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

Notes to Consolidated Financial Statements

December 31, 2023</div>

Maturities of lease liabilities as of December 31, 2023 were as follows:

Schedule of Maturities of Operating Lease Liabilities

| (Dollars                        
 in thousands)                   |     | Operating 
 Leases    |     |   |     | Weighted- Average Remaining Term 
 in Years                         |      |
|:--------------------------------|:----|:----------|----:|:--|:----|:---------------------------------|-----:|
| 2024                            |     | $         | 258 |   |     |                                  |      |
| 2025                            |     |           | 266 |   |     |                                  |      |
| 2026                            |     |           | 220 |   |     |                                  |      |
| 2027                            |     |           |   - |   |     |                                  |      |
| 2028                            |     |           |   - |   |     |                                  |      |
| Thereafter                      |     |           |   - |   |     |                                  |      |
| Total                           
 lease payments                  |     |           | 744 |   |     |                                  |      |
| Less                            
 imputed interest (based on 6.1% 
 weighted-average discount rate) |     |           | (63 | ) |     |                                  |      |
| Present                         
 value of lease liability        |     | $         | 681 |   |