Company: BLNE
Filing Date: 2025-01-14
Form Type: 424B3
Source: 0001493152-25-002137
Chunk: 87

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-14
Form: 424B3
Chunk 87
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  1.4 |   |     | $    |  0.6 |   |

Operating Activities

Total cash used in operating activities was $1.8 million during the year ended December 31, 2023 compared to cash used of $0.9 million during the year ended December 31, 2022. The increase in cash used was primarily attributable to our continued net losses and decreased accrued interest.

Investing Activities

Total cash provided by investing activities was $0.1 million during the year ended December 31, 2023 representing net proceeds from purchases and sales of fixed assets. Total cash used in investing activities was $2.3 million during the year ended December 31, 2022 representing our investment in digital can printing equipment.

Financing Activities

Total cash provided by financing activities was $1.4 million during the year ended December 31, 2023 primarily consisted of proceeds from the issuance of stock. Total cash provided by financing activities was $0.6 million during the year ended December 31, 2022 primarily consisted of net proceeds from sale of a note payable to a related party of $4.5 million and the issuance of common stock of $0.2 million, offset by $2.8 million of principal payments to our secured credit facilities and $1.2 million of payments on principal of notes payable.

Nine Months ended September 30, 2024 Compared to Nine Months ended September 30, 2023

Our cash flow results for the nine months ended September 30, 2024 and 2023 (which do not include any cash flows attributable to Beeline) were as follows:

| (Dollars                              
 in thousands)                         
 Net cash flows provided by (used in): |     | 2024 |      |   |     | 2023 |      |   |
|:--------------------------------------|:----|:-----|-----:|:--|:----|:-----|-----:|:--|
| Operating                             
 activities                            |     | $    | (1.6 | ) |     | $    | (1.7 | ) |
| Investing activities                  |     | $    |  0.1 |   |     | $    | (0.1 | ) |
| Financing activities                  |     | $    |  1.5 |   |     | $    |  1.4 |   |

Operating Activities

Total cash used in operating activities was $1