secwatch.observer — SEC 8-K summary
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Issuer:     Beeline Holdings, Inc. (BLNE)
CIK:        0001534708
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001493152-23-028516
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534708/000149315223028516/0001493152-23-028516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534708/000149315223028516/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-028516

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