BUSINESS SEGMENTS

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

BUSINESS SEGMENTS

5. BUSINESS SEGMENTS

The Company’s CODM, the Chief Executive Officer, evaluates how the Company views and measures its performance. ASC 280, Segment Reporting establishes the standards for reporting information about segments in financial statements. After consideration of these criteria, the CODM has determined that there are four reportable segments, consisting of Beeline Loans, Beeline Title Holdings, BeelineEquity and Corporate.

Beeline Loans is an AI-driven fintech mortgage lender that also develops proprietary software in the form of major enhancements and new developments to its lending platform. Corporate allocates a portion of compensation and benefits, and general and administrative expenses to Beeline Loans, which is included in the segments’ financial data below.

Beeline Title Holdings provides title and loan closing services for the Company’s mortgage origination business and other lenders; and title closing services for the Company’s fractional equity transactions.

BeelineEquity provides customer service, transaction processing and platform support to TYTL who offers a fractional equity product to homeowners.

Corporate primarily consists of general corporate expenses, including public company costs, executive compensation, legal and regulatory compliance, and other administrative functions that support the overall business. This segment also includes holding company expenses, such as financing costs, accounting, legal, insurance, investor relations, and strategic corporate initiatives that are not directly attributable to any operating segment.

The Company measures segment performance to allocate resources primarily based on revenues of Beeline Loans and Beeline Title Holdings and the general and administrative costs related to corporate. 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.

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

March 31, 2026 and 2025

(unaudited)

Segment information was as follows for the three months ended March 31, 2026 and 2025 (dollars in thousands):

		2026			2025
Beeline Loans
Gain on sale of loans, net	$	1,845		$	814
Loan origination fees		395			150
Interest income (expense)
Interest income		177			71
Interest expense		(189	)		(65	)
Interest income (expense), net		(12	)		6
Other revenues		1			4
Total net revenues		2,229			974
Compensation, commissions and benefits		1,857			1,149
General and administrative expenses		635			495
Depreciation and amortization		790			795
Marketing and advertising		965			444
Other operating expenses		732			562
Total operating expenses		4,979			3,445
Loss from operations		(2,750	)		(2,471	)
Interest expense		-			(10	)
Net loss from continuing operations	$	(2,750	)	$	(2,481	)

		2026			2025
Beeline Title Holdings
Title fees (includes related party revenues of $13 for the three months ended March 31, 2026)	$	380		$	273
Total net revenues		380			273
Compensation and benefits		354			250
General and administrative expenses		30			12
Marketing and advertising		33			78
Other operating expenses		168			122
Total operating expenses		585			462
Net loss from continuing operations	$	(205	)	$	(189	)

		2026			2025
Beeline Equity
Fractional equity revenues, related party	$	37		$	-
Total net revenues		37			-
Compensation, commissions and benefits		89			-
General and administrative expenses		9			-
Marketing and advertising		20			-
Other operating expenses		1			-
Total operating expenses		119			-
Net loss from continuing operations	$	(82	)	$	-

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

March 31, 2026 and 2025

(unaudited)

		2026			2025
Corporate
Other revenues, related party	$	50		$	-
Total net revenues		50			-
Compensation and benefits		716			688
General and administrative expenses		1,256			1,371
Depreciation and amortization		25			25
Marketing and advertising		24			3
Other operating expenses		159			10
Total operating expenses		2,180			2,097
Loss from operations		(2,130	)		(2,097	)
Interest income		6			1
Interest expense		-			(1,879	)
Loss on equity method investment		(117	)		(75	)
Other income (expense), net		-			14
Net loss from continuing operations	$	(2,241	)	$	(4,036	)
Consolidated net loss from continuing operations	$	(5,278	)	$	(6,706	)