BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT INFORMATION

Segment information was as follows for the years ended December 31:

Beeline (October 8, 2024-December 31, 2024)
(Dollars in thousands)	2024			2023
Gain on sale of loans, net	$	757		$	-
Title fees		277			-
Loan origination fees		214			-
Interest income		86			-
Interest expense		(141	)		-
Data and tech services		2			-
Total net revenues		1,195			-
Salaries and benefits		1,242			-
Marketing and advertising		423			-
Professional fees		24			-
General and administrative expenses		232			-
Depreciation and amortization		736			-
Other operating expenses		477			-
Total operating expenses		3,134			-
Loss from operations		(1,939	)		-
Interest expense		(11	)		-
Other expense		(4	)		-
Net loss	$	(1,954	)	$	-

Spirits (Bridgetown Spirits for the period October 8-December 31, 2024)
(Dollars in thousands)	2024			2023
Net sales, spirits	$	2,577		$	3,787
Cost of sales, spirits (exclusive of depreciation and amortization)		2,081			2,609
Salaries and benefits		559			917
Marketing and advertising		375			205
General and administrative expenses		-			294
Depreciation and amortization		45			57
Other operating expenses		1			3
Impairment loss		3,356			364
Total operating expenses		6,417			4,449
Loss from operations		(3,840	)		(662	)
Other income		-			61
Net loss	$	(3,840	)	$	(601	)
Gross profit	$	496		$	1,178
Gross margin		19	%		31	%

Corporate
(Dollars in thousands)	2024			2023
Salaries and benefits	$	1,350		$	457
Marketing and advertising		11			-
Professional fees		1,041			488
General and administrative expenses		768			820
Depreciation and amortization		22			-
Other operating expenses		59			(3	)
Total operating expenses		3,251			1,762
Interest income		4			-
Interest expense		(2,225	)		(1,096	)
Gain on extinguishment of debt		591			-
Gain on troubled debt restructuring		4,483			-
Loss on debt to equity conversion		-			(1,321	)
Loss on equity method investment		(58	)		-
Other income		39			-
Other expense		(27	)		(6	)
Net loss	$	(444	)	$	(4,185	)