Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 352

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 352
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and are depreciated or amortized using the straight-line method over the estimated useful lives of the related assets, which range from
three to seven years. Repair and maintenance costs are expensed as incurred. Leasehold improvements are amortized over the shorter of
the lease term or the improvement’s estimated useful life. Depreciation is not recorded on projects-in-process until the project
is complete and the associated assets are placed into service or are ready for the intended use. Impairment of property and equipment
than the internal-use software is evaluated under ASC 360, Property, Plant, and Equipment.

Under
ASC 350-40, Internal-Use Software, the Company capitalizes certain qualifying costs incurred during the application development
stage in connection with the development of internal-use software. Costs related to preliminary project activities are expensed as incurred
and post-implementation activities will be expensed as incurred. Capitalized software costs are amortized over the useful life of the
software, which is five years. Impairment of internal-use software is evaluated under ASC 350-40-35, Subsequent Measurement, on
a qualitative basis and if indicators exist, then a quantitative analysis is performed under ASC 360.

Stock-based
compensation. The Company recognizes as compensation expense all stock-based awards issued to employees. The compensation cost
is measured based on the grant-date fair value of the related stock-based awards and is recognized over the service period of stock-based
awards, which is generally the same as the vesting period. The fair value of stock options is determined using the Black-Scholes valuation
model, which estimates the fair value of each award on the date of grant based on a variety of assumptions including expected stock price
volatility, expected terms of the awards, risk-free interest rate, and dividend rates, if applicable. Stock-based awards issued to nonemployees
are recorded at fair value on the measurement date and recognized over the service periods.

Troubled
debt restructuring. The Company evaluates all modifications to its debt agreements in accordance with ASC 470-60, Debt –
Troubled Debt Restructurings by Debtors. A debt restructuring is considered a troubled debt restructuring (“TDR”) if
the creditor, for economic or legal reasons related to the debtor’s financial difficulties, grants a concession to the debtor that
it would not otherwise consider.

Concessions
may include, but are not limited to:

●A
                                            reduction in the stated interest rate,

●An
                                            extension