---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-028516"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:58:04.058114+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling Q2 net loss narrows to $1.6M; Craft C+P sales up 43%

## Summary
- Gross sales $2.8M, down 45% YoY due to prior-year bulk spirits; ex-bulk sales up $0.2M.
- Net loss $1.6M vs $1.8M; adjusted EBITDA -$1.0M vs -$0.4M, improved ex-bulk by $1.0M.
- Craft C+P net sales up 43%, printed record 4M cans, positive segment EBITDA in June.
- Joseph Giansante resigned from board Aug 11; CEO/CFO Geoffrey Gwin appointed to board.
- Operating costs fell to $1.4M from $2.6M on restructuring, headcount and sponsorship cuts.

## SEC filing metadata
- accession: 0001493152-23-028516
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315223028516/0001493152-23-028516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315223028516/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-028516
- JSON: https://secwatch.observer/filing/0001493152-23-028516.json
- Plain text: https://secwatch.observer/filing/0001493152-23-028516.txt

## Key facts
- Earnings Releases
  Beeline Holdings, Inc. reported second quarter end 2023 for the period ended June 30, 2023 results: revenue $2.8 million, net income $(1.6 million).
  - Period: second quarter end 2023 for the period ended June 30, 2023
  - Revenue: $2.8 million
  - Net income: $(1.6 million)
  - Result: reported results
  source text: in reaching our goal of EBITDA profitability than we expected at this point in the year.” Financial Results Gross sales for the three months ending June 30, 2023 decreased to $2.8 million from $5.1 million due to bulk spirits sales of $2.6 million for the three months ending June 30, 2022. Excluding bulk spirits sales, gross sales increased $0.2 million from the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223028516/0001493152-23-028516-index.htm
- Executive change
  Geoffrey Gwin was appointed as Director at Beeline Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: the Board appointed Mr. Geoffrey Gwin to serve as a member of the Board beginning August 11, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223028516/0001493152-23-028516-index.htm

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