Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 331

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 331
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Item 1C. CYBERSECURITY

Risk Management and Strategy

Like all companies that utilize electronic technology,
we are subject to threats of breaches of our technology systems. To mitigate the threat to our business, we will take a comprehensive
approach to cybersecurity risk management. Our Board and our management actively oversee our risk management program, including the management
of cybersecurity risks. We intend to have established policies, standards, processes and practices for assessing, identifying, and managing
material risks from cybersecurity threats, including those discussed in our Risk Factors. We intend to have devoted financial and personnel
resources to implement and maintain security measures to meet regulatory requirements and shareholder expectations, and we intend to continue
to make investments to maintain the security of our data and cybersecurity infrastructure. We intend to establish and maintain a Cybersecurity
Maturity Model Certification compliance program and work to meet all applicable deadlines. While there can be no guarantee that our policies
and procedures will be properly followed in every instance or that those policies and procedures will be effective, we believe that the
Company’s sustained investment in people and technologies will have contributed to a culture of continuous improvement that has
put the Company in a position to protect against potential compromises and we do not believe that risks from prior cybersecurity threats
have materially affected our business to date. We can provide no assurance that there will not be incidents in the future or that past
or future attacks will not materially affect us, including our business strategy, results of operations, or financial condition.

Item 2. PROPERTIES

Beeline’s principal office is located at 188
Valley Street, Suite 225, in Providence, Rhode Island where it has a long-term lease of 9,282 square feet with current rent
of $19,561 per month. The lease expires in 2030. Beeline’s other key facility is located in Burleigh Heads, Australia where an Australian
subsidiary leases 3,455 square feet at a rent of $12,456 per annum U.S. dollars based on exchange rates as of March 20, 2025.
In addition, Beeline leases small offices in executive suites at three business offices and three virtual Regus offices in Virginia, Texas,
Louisiana, Massachusetts, and California. The total monthly cost for these facilities is $3,650.

Spirits carries on its operations at 2150 SE Hanna
Harvester Drive, Milwaukie OR. At that location, blending, bottling and warehousing are conducted within