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Eastside Distilling
(NASDAQ:BLNE)
Eastside Distilling (BLNE) vs. SPDR S&P 500 ETF (SPY)
Eastside Distilling Business Overview & Revenue Model
Eastside Distilling Earnings Call Summary
Eastside Distilling Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.54M | 3.91M | 10.50M | 13.88M | 12.39M | 13.72M |
| Gross Profit | 2.96M | 1.69M | 1.06M | 2.44M | 2.91M | 4.56M |
| EBITDA | -7.39M | -3.12M | -5.07M | -12.65M | -3.50M | -6.26M |
| Net Income | -16.86M | -11.33M | -7.54M | -16.42M | -4.31M | -8.29M |
Balance Sheet | ||||||
| Total Assets | 63.75M | 66.52M | 17.48M | 21.48M | 33.56M | 31.73M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 391.00K | 403.00K | 723.00K | 3.28M | 836.00K |
| Total Debt | 11.23M | 14.18M | 13.89M | 19.01M | 18.06M | 13.26M |
| Total Liabilities | 15.66M | 17.55M | 16.63M | 22.99M | 20.16M | 32.84M |
| Stockholders Equity | 47.10M | 47.87M | 853.00K | -1.52M | 13.40M | -1.11M |
Cash Flow | ||||||
| Free Cash Flow | 4.73M | -3.30M | -2.03M | -3.37M | -6.21M | -3.53M |
| Operating Cash Flow | 4.79M | -3.23M | -1.84M | -877.00K | -5.95M | -3.01M |
| Investing Cash Flow | -530.00K | -451.00K | 104.00K | -2.32M | 3.21M | 137.00K |
| Financing Cash Flow | 6.43M | 4.59M | 1.41M | 641.00K | 5.18M | 3.36M |
Eastside Distilling Technical Analysis
Eastside Distilling Risk Analysis
Eastside Distilling Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | 13.05B | 15.65 | 21.16% | 3.24% | -3.34% | -14.19% | |
68 Neutral | 13.05B | 15.37 | 21.16% | 3.30% | -3.34% | -14.19% | |
64 Neutral | 587.04M | -88.86 | 4.16% | 1.74% | -22.65% | -107.16% | |
60 Neutral | 23.45B | -55.71 | -6.09% | 3.05% | -0.47% | -117.62% | |
51 Neutral | $69.81M | ― | -23.93% | ― | -24.81% | 80.45% | |
48 Neutral | 20.90M | -8.15 | -0.62% | ― | -2.17% | 11.75% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
Eastside Distilling Corporate Events
On September 5, 2025, Beeline Holdings announced its participation in the Centurion One Capital Summit in the Bahamas on October 28–29, 2025, as part of its initiative to engage with the investment community and showcase its growth strategy. This announcement follows a wave of insider buying by Beeline’s executives, including significant share purchases by the COO, CFO, and CEO, indicating strong confidence in the company’s future trajectory and aligning management interests with those of shareholders.
On September 4, 2025, Beeline Holdings, Inc. announced it had eliminated over $7 million in debt, achieving a debt-free status ahead of schedule. This strategic milestone strengthens its financial foundation, allowing the company to focus on growth and innovation. With encouraging trends in revenue indicators and cost optimization, Beeline expects to achieve cash flow positive operations by the first quarter of 2026.
On August 28, 2025, Beeline issued a letter to its shareholders detailing significant progress and strategic initiatives for the year. The company has successfully divested its last investment related to a merger with Eastside Distilling and is focusing on new product launches and a diversified lending platform. Key milestones include launching BeelineEquity, achieving debt-free status ahead of schedule, and generating significant revenue through AI integration. Additionally, Beeline has improved its earnings performance, enhanced data security, and expanded its SaaS and AI platforms, positioning itself for future growth and market credibility.
On August 27, 2025, Beeline Holdings announced the expansion of its AI agent, Bob, into sales and origination activities, achieving $7.1 million in Q2 originations. This move demonstrates Beeline’s strategic use of AI to enhance efficiency and reduce costs in mortgage production, positioning the company for scalable growth as mortgage demand fluctuates.
Beeline Holdings, Inc., a digital mortgage platform, announced on August 21, 2025, a strategic investment in MagicBlocks, enhancing its AI strategy with a $225,000 commitment in the current SAFE round. Beeline, which holds a 47.6% stake in MagicBlocks, aims to drive revenue growth and expand its global SaaS opportunities. The investment underscores Beeline’s focus on AI-driven customer engagement, with its AI agent ‘Bob’ demonstrating significantly higher lead conversion rates. MagicBlocks, launched in June, has already signed 18 clients globally, highlighting the international demand for AI-powered solutions. This move aligns with Beeline’s strategy to enhance its AI infrastructure and expand its market presence beyond the U.S., creating new revenue streams and strengthening its position in the AI SaaS sector.
On July 23, 2025, Eastside Distilling filed the Certificate of Designations with the Nevada Secretary of State to authorize the issuance of up to 8,425,102 shares of Series A Convertible Redeemable Preferred Stock. Each share has a stated value of $0.50, with conversion and redemption terms outlined, including a conversion price of $1.75 and a redemption price of $2.00 per underlying share. The Series A shares have voting rights with the company’s common stock, subject to certain limitations.
On July 23, 2025, Eastside Distilling sold 676,078 shares of common stock for gross proceeds of $1,216,940 under an amended stock purchase agreement. This sale is part of a larger effort, resulting in approximately $14,500,000 in total sales from March 10, 2025, through July 23, 2025, under the registration statement, impacting the company’s financial positioning.
On July 25, 2025, Beeline Holdings, Inc. entered into a Debt Satisfaction Agreement with Bridgetown Spirits Corp., resulting in the disposal of its majority ownership in Spirits for $367,404. This strategic divestiture allows Beeline to focus on its core business areas while Bridgetown Spirits can continue as a private company. The transaction also involved Beeline providing a $75,000 loan to Spirits, secured by a promissory note. This move is part of Beeline’s strategy to capitalize on emerging market opportunities and strengthen its financial position.
On July 29, 2025, Beeline Holdings, Inc. announced the completion of a strategic divestiture of its majority ownership in Bridgetown Spirits Corp. for $367,404, as part of a Debt Satisfaction Agreement. This move allows Beeline to focus on its core digital mortgage and proptech operations, while Bridgetown Spirits, now a private company, can concentrate on its unique Oregon-themed brands. The transaction, which closed on July 25, 2025, strengthens Beeline’s balance sheet and positions it for future growth in a recovering market.
On July 18, 2025, Beeline Holdings, Inc. announced that it will release its Q2 2025 financial results on August 14, 2025, followed by a stakeholder update call. The call will be led by CEO Nick Liuzza and CFO Chris Moe, who will discuss the company’s performance and ongoing initiatives, potentially impacting Beeline’s market positioning and stakeholder relations.
On July 15, 2025, Beeline Holdings announced that Kristin Miller will lead BlinkQC, an AI-powered mortgage Quality Control solution. This product aims to streamline mandatory pre-closing audits, reducing processing times and costs for lenders. BlinkQC, which has been in production for 30 days and tested by two lenders, will start generating revenue in August. The solution is expected to enhance operational efficiency and reduce the risk of mortgage buybacks, offering a competitive edge in the mortgage industry.
Beeline Holdings, Inc. recently amended its outstanding senior secured notes, making them convertible into common stock, which resulted in the conversion of $986,333 into 747,222 shares and the repayment of the remaining $348,333 by June 30, 2025. Additionally, the company sold 2,264,116 shares of common stock for gross proceeds of $2,587,533 under an amended agreement, thereby fulfilling its obligations and enhancing its financial position.
On July 1, 2025, Beeline Holdings, Inc. announced a significant financial restructuring, raising $6.5 million in capital and reducing its debt by $5.3 million in the first half of 2025. This strategic move positions the company to be debt-free and cash flow positive by 2026, enhancing its financial stability amid a challenging macroeconomic environment. With interest rates expected to decrease, Beeline anticipates considerable growth opportunities in its mortgage origination and SaaS sectors, bolstered by its strong financial position and innovative offerings.
Beeline Holdings, Inc. recently raised $6.5 million in equity capital and reduced its debt by $5.3 million, positioning itself with over $6 million in cash and $2.3 million in third-party debt by the end of the quarter. As of March 31, 2025, Beeline reported approximately $40 million in shareholders’ equity, reflecting a strengthened financial position that may impact its operations and stakeholder interests positively.
Beeline Title Holdings Inc., a subsidiary of Beeline Holdings, Inc., has completed one of the first residential real estate transactions funded by a cryptocurrency token backed by real property. This milestone in blockchain-driven real estate finance coincides with the potential for increased regulatory clarity, as the Genius Act’s passage in the U.S. Senate may lead to federal oversight of stablecoins, potentially broadening cryptocurrency-based funding in real estate.
On June 25, 2025, Beeline Holdings, Inc. announced that its subsidiary, Beeline Title, successfully closed a residential real estate transaction funded through a cryptocurrency token backed by real property. This milestone signifies a significant step in blockchain-driven real estate finance, as Beeline plans to launch a national cryptocurrency token funding platform by August 2025, positioning itself as a leader in the evolving crypto and compliance landscape.
Beeline Holdings, Inc. has announced the completion of its first fractional equity sale using a stablecoin-based transaction structure. This transaction is the first in a series of planned beta transactions set to occur over the coming weeks, with a national launch anticipated in August 2025. These transactions are unique as they are not influenced by current or future interest rates, unlike traditional home mortgages.
On June 13, 2025, Nicholas Liuzza, Jr., the principal shareholder and CEO of Beeline Holdings, Inc., increased his investment in the company by purchasing $151,000 worth of Series G Convertible Preferred Stock and warrants. This transaction, approved by the company’s Audit Committee, aims to repay indebtedness and support general corporate purposes. The terms of the purchase align with those of other investors, and the transaction was exempt from registration under the Securities Act of 1933.