---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-010287"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:50:36.754742+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling reports FY2022 net loss of $16.4M, vs $2.2M loss prior year; raises $5.2M

## Summary
- Net loss widened to $16.4M from $2.2M in 2021; adjusted EBITDA improved to $(4.4)M from $(4.8)M.
- Gross sales increased to $14.3M from $12.9M, driven by bulk spirits barrel sales ($4.4M); spirits gross sales up over 50%.
- Operating costs fell to $9.1M from $9.8M; gross profit declined to $2.4M from $2.9M.
- Raised $5.2M cash in Q4 2022 and $0.3M after year-end to fund working capital.
- CEO expects meaningful improvements in 2023; digital printing ramp not fast enough to offset mobile canning decline.

## SEC filing metadata
- accession: 0001493152-23-010287
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315223010287/0001493152-23-010287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315223010287/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-010287
- JSON: https://secwatch.observer/filing/0001493152-23-010287.json
- Plain text: https://secwatch.observer/filing/0001493152-23-010287.txt

## Key facts
- Earnings Releases
  Beeline Holdings, Inc. reported financial results for the fiscal year ended December 31, 2022.
  - Period: the fiscal year ended December 31, 2022
  - Result: reported results
  source text: On March 31, 2023, Eastside Distilling, Inc. (the “Company”) issued a press release announcing financial results for the fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223010287/0001493152-23-010287-index.htm

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