7.
FAIR VALUE MEASUREMENTS
Assets
or liabilities measured at fair value on a recurring basis were as follows:
SCHEDULE OF ASSETS OR LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS
| Description | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Level
1 | | |
Level
2 | | |
Level
3 | |
| (Dollars in thousands) | |
June
30, 2026 | | |
December
31, 2025 | |
| Description | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Level
1 | | |
Level
2 | | |
Level
3 | |
| Mortgage loans held for sale | |
$ | - | | |
$ | 10,838 | | |
$ | - | | |
$ | - | | |
$ | 15,072 | | |
$ | - | |
| Interest rate lock commitment derivative | |
| - | | |
| - | | |
| 285 | | |
| - | | |
| - | | |
| 232 | |
Beeline
Holdings, Inc.
Notes
to Consolidated Financial Statements
June
30, 2026 and 2025
(unaudited)
A
roll forward of the level 3 valuation financial instruments was as follows:
SCHEDULE OF A ROLL FORWARD OF THE LEVEL 3 VALUATION FINANCIAL INSTRUMENTS
| (Dollars in thousands) | |
June
30, 2026 | | |
December
31, 2025 | |
| Balance, beginning of year | |
$ | 232 | | |
$ | 18 | |
| Change in fair value in
gain on sale of loans, net | |
| 53 | | |
| 214 | |
| Balance, end of period | |
$ | 285 | | |
$ | 232 | |
|