Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 90

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 90
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 have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates
the realization of assets and satisfaction of liabilities and commitments in the ordinary course of business. The Company is subject
to a number of risks common to emerging companies stemming from, among other things, a limited operating history, rapid technological
change, uncertainty of market acceptance and products, regulatory uncertainty, competition from substitute products and larger companies,
the need to obtain additional financing, compliance with government regulation, protection of proprietary technology, interest rate fluctuations,
product liability, and the dependence on key individuals. The Company has incurred recurring losses and negative cash flows from operations
since its inception, and is dependent on debt and equity financing. These factors raise substantial doubt about the Company’s ability
to continue as a going concern for the twelve months following the issuance of these financial statements. The consolidated financial
statements do not include any adjustments to the carrying amounts and classification of assets, liabilities, and reported expenses that
may be necessary if assumes Company were unable to continue as a going concern.

Management
believes that in order to accomplish its business plan objectives, the Company will need to either increase revenues or raise capital
by the issuance of debt and/or equity; and that it will be successful in obtaining this additional financing based on its recent history
of raising funds.

Subsequent to September 30, 2025, the Company expanded
and diversified its warehouse lines to $25.0 million tripling its prior $5.0 million line and adding two new $5.0 million lines with new
lenders in anticipation of rapid revenue growth and loan origination volume. In addition, the Company entered into a Securities Purchase
Agreement with certain accredited investors in a registered direct offering raising  of net proceeds of $6.6 million. The
Company intends to use the net proceeds from the Offering for general corporate purposes and the redemption of outstanding shares of Series
E Convertible Preferred Stock.

    7

Beeline
Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

In
addition to the Company increasing its legacy revenue streams, the Company is diversifying into new lines of business. On June 25, 2025,
Beeline Title facilitated the closing of what it believes to be one of the first-ever fractional sale of home real estate transactions
funded through the sale of a cryptocurrency with a partner who will fund these transactions through the sale of a crypto
token