Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 24

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 the CODM reviews total revenues, total expenses,
and expenses by functional classification, using this information to make decisions on a company-wide basis.

The
Company operates in three reportable segments. The CODM for the Company is the Chief Executive Officer (the “CEO”). The Company’s
CEO reviews operating results on an aggregate basis and manages the Company’s operations as a whole for the purpose of evaluating
financial performance and allocating resources. Accordingly, the Company has determined that it has a three-reportable and operating
segment structure. The CEO uses aggregate net loss to allocate resources in the annual budgeting and forecasting process and also uses
that measure as a basis for evaluating financial performance regularly by comparing actual results with established budgets and forecasts.
The measure of segment assets is reported on the consolidated balance sheets as total assets.

    15

Beeline
                                            Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

RECENTLY
ISSUED ACCOUNTING PRONOUNCEMENTS 

In
November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures
(Subtopic 220-40), which requires entities to provide more detailed disaggregation of expenses in the income statement, focusing
on the nature of the expenses rather than their function. The new disclosures will require entities to separately present expenses for
significant line items, including but not limited to, depreciation, amortization, and employee compensation. Entities will also be required
to provide a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively,
disclose the total amount of selling expenses and, in annual reporting periods, provide a definition of what constitutes selling expenses.
This pronouncement is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning
after December 15, 2027, with early adoption permitted. The Company does not expect the adoption of this new guidance to have a material
impact on the financial statements.

RECLASSIFICATION
OF PRIOR YEAR PRESENTATION

Certain
prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on
the reported results of operations or cash flows. The assets and liabilities of Bridgetown Spirits and the spirits segment have been
classified as held for sale as of December 31, 2024. The operating results of Bridgetown Spirits and the