Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 146

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 146
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-related amortization is $0.8 million each quarter and is non-cash.

Given
these structural changes, management believes that segment-level reporting provides a more meaningful basis for evaluating performance.
Accordingly, a comparative analysis of the Company’s operating segments is presented below, which more accurately reflects the
ongoing composition of the business.

37

Three
and Nine Months Ended September 30, 2025 Compared to the Three and Nine Months Ended September 30, 2024

Consolidated
Results

    Three
                                            Months Ended
                                                                  September
                                            30,  
    Nine
                                            Months Ended
                                                                  September
                                            30, 
  
    (Dollars
    in thousands, except per share amounts) 
    2025  
    2024  
    2025  
    2024 
  
    Revenues 

    Beeline
    Loans 
    $1,953  
    $-  
    $4,239  
    $- 
  
    Beeline
    Title 
     391  
     -  
     1,172  
     - 
  
    Total
    net revenues 
    $2,344  
    $-  
    $5,411  
    $- 

    Net
    loss from continuing operations 
    $(3,579) 
    $(846) 
    $(14,284) 
    $(2,112)
  
    Net
    loss 
    $(3,962) 
    $(1,359) 
    $(15,029) 
    $(4,140)
  
    Basic
    and diluted net loss per common share available to common stockholders 
    $(0.20) 
    $(6.60) 
    $(2.09) 
    $(22.84)

For
the three and nine months ended September 30, 2025, net loss from continuing operations increased to $3.6 million and $14.3 million,
respectively, from $0.8 million and $2.1 million for the three and nine months ended September 30, 2024, respectively, reflecting the
inclusion of Beeline’s results of operations for 2025.

Interest
Expense. Interest expense, exclusive of the warehouse line of credit, was $0.1 million and $2.3 million for the three and nine
months ended September 30, 2025,