Earnings Releases·Nov 12, 2026, 4:05 PM ET

Beeline — Q3 2026 Earnings Summary

Net revenues rose 30% year-over-year and 15% sequentially to $3.0 million, while adjusted EBITDA loss narrowed 35% YoY and 33% sequentially to $1.8 million; net loss remained flat at $3.8 million.
A $3 million annualized cost reduction plan is underway, with $250,000 in monthly savings already in progress and $160,000 expected in November.
Definitive agreements for the acquisition of TYTL are expected to be finalized within days, combining Beeline's AI infrastructure with TYTL's blockchain securitization platform to target institutional home equity investments.
CEO Nick Liuzza will forfeit 3 million merger shares to reduce dilution, with remaining shares subject to performance milestones including a $100 million and $200 million market cap targets.
Management anticipates fourth-quarter headwinds from seasonality and interest rates, prioritizing margin protection, funnel efficiency, and a strategic pivot toward higher-margin, AI-enabled products.