Annual Report for Fiscal Year Ending June 30, 2026 (Form 10-K)

For purposes of this section, "Blue Line", the "Company", "we", or "our" refer to Blue Line Holdings, Inc., unless the context otherwise requires. Certain figures have been rounded for ease of presentation and may not sum due to rounding.

Overview and Planned Activities

We were formed as a Colorado corporation on May 16, 2024. At present we plan to secure licensing agreements for the sale of functional beverages with key industry players and acquire assets that complement our core business and drive growth. We may also seek to obtain licensing agreements for products outside of the functional beverage market. As of the date of this 10-K, we were in the development stage and had one licensing agreement giving us the right to sell flavored water in France.

Going Concern.

Our financial statements have been prepared assuming we will continue as a going concern. We have incurred cumulative operating losses since inception, and at June 30, 2026 we had cash of $2,180, a working capital deficit of $83,562, and a total stockholders' deficit of $83,562. These conditions raise substantial doubt about our ability to continue as a going concern. Our continuation depends on our ability to raise additional capital and ultimately to generate revenue; there is no assurance we will be able to do so.

Results of Operations

Year Ended June 30, 2026

Revenue. We generated no revenue in either period.

Operating expenses. Total operating expenses were $71,256 for the year ended June 30, 2026, compared to $106,125 for the year ended June 30, 2025, a decrease of $34,869. Professional fees decreased to $32,325 (from $76,997); transfer agent and filing fees increased to $38,546 (from $6,100); general and administrative expenses decreased to $385 (from $1,028); and licensing fees were $0 (compared to $20,000 in the prior year, reflecting the one-time CocoLove license). Included in other expenses was $10,000 in interest expenses related to promissory notes issued during the year ended June 30, 2026 (compared to no such expenses in the prior year).

Net loss. As a result, we incurred a net loss of $81,256 for the year ended June 30, 2026, compared to a net loss of $106,125 for the year ended June 30, 2025.

Liquidity and Capital Resources

As of June 30, 2026, we had cash of $2,180 which we obtained from the issuance of promissory notes. This compares with cash of $8,816 as at June 30, 2025. Cash used in operating activities totaled $65,636 during the year ended June 30, 2026 which was primarily used to fund operating expenses as compared to cash used of $83,878 in 2025 related to our business and Form S-1 registration statement. Cash provided by financing activity was $59,000 during the year ended June 30, 2026 from the issuance of promissory notes as compared to $75,100 in 2025 related to funds raised in furtherance of our business plan. Subsequent to the year ended June 30, 2026, the Company issued a promissory note for $15,000 which is due February 28, 2027 and the $50,000 promissory note holders agreed to extend the due date from June 30, 2026 to February 28, 2027. We will be required to raise capital or take other measures to fund future development. We expect to incur further losses as we are at the start-up stage. We do not have any firm commitments from any person to provide us with any capital.

Trends

The factors that will most significantly affect our future operating results, liquidity and capital resources will be:

Other than the foregoing, we do not know of any trends, events or uncertainties that have had, or are reasonably expected to have, a material impact on:

Capital requirements

Our projected requirements for the twelve months ending September 30, 2027 are as follows:

We will need additional capital to fund our projected capital requirements.

Significant Accounting Policies

See Note 2 to financial statements included as part of this Annual Report for a discussion of our significant accounting policies. As of June 30, 2026 we did not have any critical accounting policies.

Off-Balance Sheet Arrangements

As of June 30, 2026, we did not have any off-balance sheet arrangements.