Beeline doubles Q1 revenue to $2.7M YoY; net loss narrows 24%

Beeline Holdings, Inc.

Net revenue $2.7M, >2x YoY; loan originations $85.6M vs. $39.8M in prior year.
Net loss $5.3M, improved 24% from $6.9M YoY; Adj. EBITDA loss $3.0M, narrowed from $3.8M.
Operating expenses $7.9M incl. $1.0M non-cash stock comp; ex-stock comp, op ex up 18% on 116% rev growth.
BeelineEquity platform advanced; capital-light, fee-based (3.5% per transaction), no balance sheet risk.
Company targets $100M revenue run rate exiting 2027; ended Q1 with $1.9M cash, $50.9M equity, no debt.

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