Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 92

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 92
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 funds may not be successful or they may not be available
on acceptable terms, if at all.

3.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS
OF PRESENTATION

These
financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted
in the United States of America (“GAAP”) for interim financial information and in accordance with the rules and regulations
of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in
financial statements in accordance with GAAP have been condensed or eliminated as permitted under the SEC’s rules and regulations.
In management’s opinion, the unaudited consolidated financial statements include all material adjustments, all of which are of
a normal and recurring nature, necessary to present fairly the Company’s financial position as of September 30, 2025, its operating
results for the three and nine months ended September 30, 2025 and 2024 and its cash flows for the nine months ended September 30, 2025
and 2024. The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements
included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Interim results are not necessarily
indicative of the results that may be expected for an entire fiscal year. All intercompany balances and transactions have been eliminated
on consolidation.

PRINCIPLES
OF CONSOLIDATION

The
consolidated financial statements include the consolidated accounts of the Company and its wholly-owned subsidiaries, Beeline Financial
Holdings, Inc., Beeline Title Holdings, Inc. (“Beeline Title Holdings”), Beeline Mortgage Holdings, Inc. (“Beeline
Mortgage”), Beeline Labs, Inc., and Beeline Loans Pty Ltd. (“Australian Subsidiary”). Intercompany transactions and
balances have been eliminated.

    8

Beeline
                                            Holdings, Inc.

Notes
to Consolidated Financial Statements

September
30, 2025

(Unaudited)

Beeline
Title Holdings has four subsidiaries, Beeline Title, LLC (“Beeline Title”), Beeline Texas Title, LLC (“Beeline Texas
Title”), Beeline Settlement Services, LLC (“Beeline Settlement Services”), and Beeline Title Agency, LLC (“Beeline
Title Agency”). Beeline Mortgage Holdings has one subsidiary, Beeline Loans, Inc. (“Beeline Loans”).

As
of September