<span item_type="fundamental" item_id="b8c0b2f55c52b21994ada5dc15be9984" counter_id="ST/US/BLNE" env="prod"></span><span item_type="announcement" item_id="648373964678632321" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 2.7 M.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -3.833 M.</p><p></p><h4>Net Revenue</h4><p>Net revenue for Q1 2026 was $2.7 million, more than doubling year-over-year and increasing approximately 7% sequentially.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>Loan Originations</h4><p>Q1 2026 loan originations totaled $85.6 million across 288 loans, compared to $39.8 million across 128 loans in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>Operating Expenses</h4><p>Total operating expenses were $7.9 million in Q1 2026, which included approximately $1.0 million in non-cash stock-based compensation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span> Total operating expenses were $7,863 thousand in Q1 2026, compared to $6,004 thousand in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span> Stock-based compensation expense was $977 thousand in Q1 2026, compared to $150 thousand in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span> Total operating expenses excluding stock-based compensation were $6,886 thousand in Q1 2026, compared to $5,854 thousand in Q1 2025, representing an 18% increase on 116% revenue growth.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>Net Loss</h4><p>Net loss for Q1 2026 was -$5.3 million (or -$5,278 thousand), narrowing from -$6.9 million (or -$6,927 thousand) in the prior year period, marking a 24% improvement year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>Adjusted EBITDA</h4><p>Adjusted EBITDA loss was -$3.0 million (or -$3,018 thousand) in Q1 2026, narrowed from -$3.8 million (or -$3,847 thousand) in the prior year period, representing a 22% improvement year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span> Reconciliation of net loss to Adjusted EBITDA included interest expense of $0 in Q1 2026 compared to $1,889 thousand in Q1 2025, depreciation and amortization of $815 thousand compared to $820 thousand, stock-based compensation expense of $977 thousand compared to $150 thousand, non-recurring expenses of $468 thousand compared to $0, and net loss from discontinued operations of $0 compared to $221 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>Cash and Shareholders’ Equity</h4><p>Beeline Holdings, Inc. ended the first quarter with $1.9 million in cash and $50.9 million in shareholders’ equity, with no corporate debt.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>BeelineEquity Platform Progress</h4><p>The BeelineEquity platform completed more transactions in the first quarter, with its full operating infrastructure built and integrated to support future scaling.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span> This platform earns 3.5% per transaction plus title revenue, carries no balance sheet risk, and monetizes transactions rather than interest rate spreads.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p><h4>Outlook</h4><p>Beeline Holdings, Inc. continues to target a $100 million revenue run rate as it exits 2027, supported by increasingly diversified revenue streams.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span> The BeelineEquity platform is expected to be a key driver of long-term margin expansion as it scales alongside the core lending platform.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1534708/000149315226023058/ex99-1.htm"></span></p>

Beeline | 8-K: FY2026 Q1 Revenue: USD 2.7 M