secwatch.observer — SEC 8-K summary
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Issuer:     Beeline Holdings, Inc. (BLNE)
CIK:        0001534708
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001493152-22-031982
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534708/000149315222031982/0001493152-22-031982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534708/000149315222031982/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031982

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer