BUSINESS SEGMENTS

6 Months Ended

Jun. 30, 2025

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 this criteria, the CODM has determined that there are two reportable segments, consisting of Beeline Financial and Corporate.

Beeline Financial is an AI-driven fintech mortgage lender that develops proprietary software in the form of major enhancements and new developments in its lending platform, including Beeline Financial’s Chat API “Bob.” Corporate consists of key executive and accounting personnel and corporate expenses such as public company and board costs, as well as interest on debt.

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, 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 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

June 30, 2025

(Unaudited)

Segment information was as follows for the six months ended June 30:

Beeline Financial
(Dollars in thousands)	2025			2024
Gain on sale of loans, net	$	1,927		$	-
Title fees		781			-
Loan origination fees		336			-
Interest income		142			-
Interest expense		(129	)		-
Data and tech services		10			-
Total net revenues		3,067			-
Salaries and benefits		2,515			-
Marketing and advertising		1,305			-
Professional fees		105			-
General and administrative expenses		429			-
Depreciation and amortization		1,607			-
Other operating expenses		975			-
Total operating expenses		6,936			-
Loss from operations		(3,869	)		-
Interest expense		(20	)		-
Other expense		(4	)		-
Net loss	$	(3,893	)	$	-

Corporate
(Dollars in thousands)		2025			2024
Salaries and benefits	$	1,819		$	364
Marketing and advertising		12			-
Professional fees		2,285			133
General and administrative expenses		488			189
Depreciation and amortization		49			28
Other operating expenses		107			-
Total operating expenses		4,760			714
Interest income		1			-
Interest expense		(2,257	)		(556	)
Gain on extinguishment of debt		75			-
Change in equity method investment		129			-
Net loss	$	(6,812	)	$	(1,270	)
Consolidated net loss	$	(10,705	)	$	(1,270	)