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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Revenues            
REVENUES, NET $ 783,000 $ 849,000 $ 2,106,000 $ 3,080,000 $ 3,981,000 $ 8,701,000
Less customer programs and excise taxes 23,000 43,000 129,000 141,000 194,000 344,000
Net sales 760,000 806,000 1,977,000 2,939,000 3,787,000 8,357,000
Cost of sales 560,000 638,000 1,476,000 1,940,000 2,609,000 5,101,000
Gross profit 200,000 168,000 501,000 999,000 1,178,000 3,256,000
Operating Expenses            
Sales and marketing expenses 218,000 303,000 699,000 1,180,000 1,473,000 2,540,000
General and administrative expenses 435,000 172,000 1,149,000 1,287,000 1,768,000 3,063,000
(Gain) loss on disposal of property and equipment (1,000) (1,000) 3,000 3,000 (7,000)
Depreciation and amortization     99,000 114,000 149,000 161,000
Total Operating Expenses 652,000 475,000 1,847,000 2,470,000 3,244,000 5,596,000
Operating Loss (452,000) (307,000) (1,346,000) (1,471,000) (2,066,000) (2,340,000)
Other Income/Expenses            
Interest expense (409,000) (203,000) (965,000) (850,000) (1,096,000) (2,172,000)
Gain on extinguishment of debt         1,300,000  
Impairment loss     0   (364,000) (7,453,000)
Loss on debt to equity conversion (1,321,000) (1,321,000) (1,321,000)
Other income 33,000 25,000 37,000 57,000 61,000 (52,000)
Total Other Income (376,000) (1,499,000) (928,000) (2,114,000) (2,720,000) (9,677,000)
Loss before income taxes (828,000) (1,806,000) (2,274,000) (3,585,000) (4,786,000) (12,017,000)
Provision for income taxes
Net loss from continuing operations (828,000) (1,806,000) (2,274,000) (3,585,000) (4,786,000) (12,017,000)
Net loss from discontinued operations (531,000) (350,000) (1,866,000) (1,812,000) (2,749,000) (4,249,000)
NET INCOME (LOSS) (1,359,000) (2,156,000) (4,140,000) (5,397,000) (7,535,000) (16,266,000)
Preferred stock dividends (38,000) (38,000) (113,000) (113,000) (150,000) (150,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (1,397,000) $ (2,194,000) $ (4,253,000) $ (5,510,000) $ (7,685,000) $ (16,416,000)
OTHER COMPREHENSIVE INCOME            
Basic net loss per common share $ (0.66) $ (2.00) $ (2.28) $ (5.93) $ (7.04) $ (21.40)
Diluted net loss per common share         (7.04) (21.40)
Basic net loss per common share from continuing operations         (4.39) (15.67)
Diluted net loss per common share from continuing operations         (4.39) (15.67)
Basic net loss per common share from discontinued operations         (2.25) (5.54)
Diluted net loss per common share from discontinued operations         $ (2.25) $ (5.54)
Basic weighted average common shares outstanding 2,116 1,097 1,862 929 1,091,000 767,000
Diluted weighted average common shares outstanding         1,091,000 767,000
Beeline Financial Holdings Inc [Member]            
Revenues            
Gain on sale of loans, net     $ 2,394,250 $ 2,215,221 $ 2,974,536 $ 1,835,778
Interest Income, net     (45,058) (39,344) 132,297 225,848
Interest expense         (179,886) (249,794)
Loan origination fees     503,306 248,573 304,488 413,209
Title fees     756,411 396,086 559,762 722,703
Data and tech services     28,298 91,990 2,748
REVENUES, NET     3,637,207 2,912,526 3,793,946 2,947,744
Operating Expenses            
Selling, general and administrative         292,895 267,563
Salaries and benefits     4,885,059 4,380,769 6,418,989 6,052,874
Payroll taxes     365,294 302,702 415,809 405,065
Professional fees     1,641,025 955,121 920,656 920,578
Marketing and advertising     1,618,472 1,356,123 1,891,128 1,788,458
Loan originating expenses     1,076,853 644,592 805,996 917,966
Depreciation and amortization     1,325,505 1,187,641 1,591,511 1,161,094
Rent and utilities     312,391 386,523 369,785 620,779
Computer and software     435,105 474,460 537,889 842,798
Title operation expense     234,971 156,732 199,202 140,951
Travel and entertainment     38,196 58,800 71,976 71,654
Insurance expense     132,193 158,094 212,546 202,649
Other expenses     147,480 172,327    
Total Operating Expenses     12,212,544 10,233,884 13,728,382 13,392,429
Operating Loss     (8,575,337) (7,321,358) (9,934,436) (10,444,685)
Other Income/Expenses            
Interest expense     (1,430,412) (198,846) 1,253,728 106,849
Legal settlement     (300,000)    
Gain on extinguishment of debt     11,344,207    
Other income     350 245,369 (296,553)
Other taxes         8,110 702
Total Other Income     9,614,145 46,523 965,285 107,551
Provision for income taxes         0 0
NET INCOME (LOSS)     1,038,808 (7,274,835) (10,899,722) (10,552,236)
Net loss of subsidiary attributable to noncontrolling interest     78,112 120,875 (159,239) (147,534)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS     1,116,920 (7,153,960) (10,740,483) (10,404,702)
OTHER COMPREHENSIVE INCOME            
Unrealized foreign currency translation gain     7,663 3,608 (15,892) (70,298)
TOTAL OTHER COMPREHENSIVE INCOME     7,663 3,608 (15,892) (70,298)
TOTAL COMPREHENSIVE INCOME (LOSS)     $ 1,202,695 $ (7,029,477) $ (10,756,375) $ (10,475,000)