---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031982"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:03:57.387278+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling reports Q3 gross sales down to $3.1M; net loss widens to $2.7M

## Summary
- Gross sales for Q3 2022: $3.1M vs $3.3M YoY; gross margin dropped to 6% from 27%.
- Net loss widened to $(2.7)M from $(1.9)M in Q3 2021; adjusted EBITDA loss was $(1.1)M vs $(0.6)M.
- Raised $4.5M post-quarter, repaying $3.3M of short-term debt; total debt repaid nearly $7M through Oct 2022.
- Digital can printing produced over 4M cans since April launch; Craft C+P sales increased.
- Operating costs decreased to $2.1M from $2.4M YoY.

## SEC filing metadata
- accession: 0001493152-22-031982
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315222031982/0001493152-22-031982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315222031982/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031982
- JSON: https://secwatch.observer/filing/0001493152-22-031982.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031982.txt

## Key facts
- Earnings Releases
  Beeline Holdings, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $3.1 million, net income $(2.7) million.
  - Period: the fiscal quarter ended September 30, 2022
  - Revenue: $3.1 million
  - Net income: $(2.7) million
  - Result: reported results
  source text: and see stronger results as we finish the year,” said Geoffrey Gwin, Eastside’s CEO. Financial Results Gross sales for the three months ending September 30, 2022 decreased to $3.1 million from $3.3 million for the three months ending September 30, 2021. Sales decreased due to lower spirits sales from Azuñia volume related to a reduction in discounting, a price
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315222031982/0001493152-22-031982-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.