Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 235

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 235
---
 acquires, blends, bottles, imports, markets and sells a variety of alcoholic beverages under recognized brands.
Bridgetown Spirits’ brands span several alcoholic beverage categories, including whiskey, vodka, and tequila. Bridgetown
Spirits sells products on a wholesale basis to distributors in one open states and through brokers in control states.

Corporate primarily consists of general corporate expenses, including public company costs, executive compensation, legal and
regulatory compliance, and other administrative functions that support the overall business. This segment also includes holding
company expenses, such as financing costs, investor relations, and strategic corporate initiatives that are not directly
attributable to any operating segment. As this segment does not generate revenue, its financial results primarily reflect overhead,
and governance-related expenditures incurred to support the company’s publicly traded status and corporate
infrastructure.

    (Dollars in thousands) 
    2024

    2023 
  
    Beeline (October
    8, 2024 through December 31, 2024) 
    $1,195  
    $- 
  
    Bridgetown Spirits 
     2,577  
     3,787 
  
    Total Revenues 
     3,772  
     3,787 

     Beeline 
    $(1,954) 
    $- 
  
    Bridgetown Spirits 
     (3,840) 
     (601)
  
    Corporate 
     (444) 
     (4,185)
  
    Total loss from continuing operations 
    $(6,238) 
    $(4,786)

Beeline
(October 8, 2024 through December 31, 2024)

    (Dollars in thousands) 
    2024 
  
    Gain on sale of loans, net 
    $757 
  
    Title fees 
     277 
  
    Loan origination fees 
     214 
  
    Interest income 
     86 
  
    Interest expense 
     (141)
  
    Data and tech services 
     2 
  
    Total net revenues 
     1,195 
  
    Salaries and benefits 
     1,242 
  
    Marketing and advertising 
     423 
  
    Professional fees 
     24 
  
    General and administrative expenses 
     232 
  
    Depreciation and amortization 
     736 
  
    Other operating expenses 
     477