secwatch.observer — SEC 8-K summary
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Issuer:     Beeline Holdings, Inc. (BLNE)
CIK:        0001534708
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001493152-24-012427
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Eastside Distilling Q4 net loss narrows to $2.1M; record can printing 14.1M cans in 2023
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- Net loss for Q4 2023 was $2.1M, down from $9.7M in Q4 2022, partly due to lower impairment of $0.4M vs $7.5M.
- Gross sales decreased to $2.1M from $2.4M; gross margin remained at (6)% as spirits margins improved.
- Adjusted EBITDA improved to -$1.3M from -$1.6M in the prior year quarter.
- Record 14.1M digitally printed cans in 2023; expects Q1 2024 record of 4.7M cans (88% YoY increase).
- Spirits operating losses improved 74% in 2023; company expects continued improvement in Q1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534708/000149315224012427/0001493152-24-012427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534708/000149315224012427/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-012427

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