Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 202

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 202
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, or
failure, all of which could cause us reputational harm, create financial losses, and harm our business operations. The cybersecurity risks
we face can also impact our business partners and vendors.

We depend, in part, on third party
vendor relationships, and our ability to become profitable and service our customer base is dependent on the continuation of those relationships.

In addition to the third-party
technology platforms described above, there are other vendors who provide other products and services required for mortgage origination
fulfillment, like credit reporting companies, title companies, appraisal management companies and other data providers. If these providers
stop providing services to us on acceptable terms or at all, or if the relationship is terminated, we may be unable to replace that vendor
in a timely manner on acceptable terms, or at all. This could result in service disruptions and materially and adversely affect our business,
financial condition and operating results.

If the Company is unable to
protect its intellectual property rights, it may be unable to effectively compete with its competitors

The Company’s intellectual
property, principally its trade secrets and licensed technology, is a key asset. The Company regards the protection of its intellectual
property as critical to its success. The Company has taken steps to protect its intellectual property by entering into confidentiality
agreements with its employees, third-party partners, and third-party vendors. These agreements may not be enforceable or may not effectively
prevent disclosure of confidential information, including trade secrets, and may not provide an adequate remedy in the event of an unauthorized
disclosure. Monitoring and protecting the Company’s intellectual property is difficult and may not be adequate. Costly and time-consuming
litigation could be necessary to enforce and determine the scope of the Company’s intellectual property rights, and failure to obtain
or maintain protection of its intellectual property rights could materially and adversely affect its business and financial results.

Beeline’s Mortgage Regulatory Risks

Beeline’s mortgage business
is a heavily regulated industry, and its business operations expose it to risks of noncompliance with a large and increasing body of complex
mortgage and lending laws and regulations at the federal and state levels.

Due to the heavily regulated nature
of the mortgage, home ownership, real estate, and insurance industries, Beeline is required to comply with a wide array of federal and
state laws and regulations that regulate, among other things, the manner in which Beeline conducts its loan production, the fees that
it may charge, and the collection, use, retention, protection, disclosure, transfer