Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 276

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 276
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 the maturity date,

●A
                                            reduction in the principal amount or accrued interest, or

●A
                                            combination of the above.

When
a debt restructuring qualifies as a TDR, the Company evaluates whether the restructuring represents a modification or an extinguishment
of debt. If the future undiscounted cash flows of the restructured debt are less than the carrying amount of the original debt, a gain
is recognized in the period of the restructuring. The restructured debt is subsequently measured based on the revised terms.

COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) includes all changes in
equity during a period from non-owner sources and is presented in accordance with the provisions of ASC 220, Comprehensive Income.
The Company reports comprehensive income in the consolidated statements of operations and comprehensive income (loss), which includes
net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) includes foreign currency translation adjustments,
including gains and losses from the translation of the Company’s foreign subsidiary whose functional currency is not the U.S. dollar.

OPERATING SEGMENTS

Operating segments are identified as components of
an enterprise for which separate discrete financial information is available for evaluation by the Company’s chief operating decision
maker (“CODM”) and relied upon when making decisions regarding resource allocation and assessing performance. When evaluating
the Company’s financial performance, 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.

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,