---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-016978"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:06:09.533026+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling Q1 2023 net loss improves to $1.6M; Craft C+P sales up 37%

## Summary
- Gross sales $2.9M vs $3.8M prior year; net loss narrowed to $1.6M from $2.0M.
- Adjusted EBITDA improved to -$0.7M from -$1.0M year-over-year.
- Craft C+P segment sales +37% with record 2.5M cans printed in the quarter.
- Announces 1-for-20 reverse stock split to address one of two Nasdaq compliance issues.
- CEO expects stronger Q2 results excluding bulk barrel sales.

## SEC filing metadata
- accession: 0001493152-23-016978
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315223016978/0001493152-23-016978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315223016978/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-016978
- JSON: https://secwatch.observer/filing/0001493152-23-016978.json
- Plain text: https://secwatch.observer/filing/0001493152-23-016978.txt

## Key facts
- Earnings Releases
  Beeline Holdings, Inc. reported the three months ended March 31, 2023 results: revenue $2.9 million, net income $1.6 million. Guidance reaffirmed.
  - Period: the three months ended March 31, 2023
  - Revenue: $2.9 million
  - Net income: $1.6 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: “I expect stronger results in the 2 nd quarter of this year excluding bulk barrel sales.” Financial Results Gross sales for the three months ending March 31, 2023 decreased to $2.9 million from $3.8 million. Craft C+P sales increased due to digital printing, offset by lower results in mobile canning business. For the three months ending March 31, 2023 and 2022, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223016978/0001493152-23-016978-index.htm

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