secwatch.observer — SEC 8-K summary
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Issuer:     BLOOMIA HOLDINGS, INC. (TULP)
CIK:        0000875355
Form:       8-K
Filed at:   2026-05-13T12:05:29+00:00
Accession:  0001104659-26-059821
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bloomia Q3 revenue up 16% to $14.4M but swings to $0.8M net loss; completes $12.1M rights offering
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- Revenue $14.4M vs $12.4M; gross margin fell to 19.8% from 31.3% on higher bulb costs, tariffs.
- Operating loss $0.02M vs prior income $1.4M; net loss $0.8M ($0.43 EPS) vs income $0.4M ($0.25 EPS).
- Nine-month net loss $5.9M ($3.33 EPS) vs $3.6M ($2.04 EPS); EBITDA -$2.9M vs -$0.7M.
- Rights offering raised $12.1M ($5M cash, $7.1M debt conversion); 3M shares issued at $4.05.
- Used $4.9M net proceeds to pay down debt, securing ~$10M forgiveness; debt now $47.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875355/000110465926059821/0001104659-26-059821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875355/000110465926059821/tulp-20260513x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-059821

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer