Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 95

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 8
Chunk 95
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 that develops proprietary software in the form of major enhancements and new developments in
its lending platform, including Beeline’s Chat API “Bob.” Bridgetown Spirits brands span several alcoholic beverage
categories, including whiskey, vodka, rum, and tequila and are sold on a wholesale basis to distributors in open states, and to brokers
in control states. Corporate consists of key executive and accounting personnel and corporate expenses such as public company and board
costs, as well as interest on debt.

The
Company measures segment performance to allocate resources primarily based on revenues of Beeline and profit margin of Bridgetown. Total
asset information by segment is not provided to, or reviewed by, the CODM as it is not used to make strategic decisions, allocate resources
or assess performance. The accounting policies of the segments are the same as those described for the Company in Note 3 - Summary
of Significant Accounting Policies.

Segment
information was as follows for the three months ended March 31:

 SCHEDULE OF SEGMENT INFORMATION

    (Dollars in thousands) 
    2025  
    2024 
  
    Beeline 

    Gain on sale of loans, net 
    $814  
    $- 
  
    Title fees 
     376  
     - 
  
    Loan origination fees 
     150  
     - 
  
    Interest income 
     71  
     - 
  
    Interest expense 
     (65) 
     - 
  
    Data and tech services 
     4  
     - 
  
    Total net revenues 
     1,350  
     - 
  
    Salaries and benefits 
     1,167  
     - 
  
    Marketing and advertising 
     527  
     - 
  
    Professional fees 
     35  
     - 
  
    General and administrative expenses 
     495  
     - 
  
    Depreciation and amortization 
     795  
     - 
  
    Other operating expenses 
     643  
     - 
  
    Total operating expenses 
     3,662  
     - 
  
    Loss from operations 
     (2,312) 
     - 
  
    Interest expense 
     (10) 
     - 
  
    Other expense 
     (3) 
     - 
  
    Net loss 
    $(