secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001437749-22-020410
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Digital Q3 FY2022 revenue up 22% to $4.2M; net income $0.4M
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- Total revenue $4.2M (+22% YoY); subscription & licenses revenue $3.4M (+29% YoY).
- Gross profit $2.9M (+30%); gross margin improved to 70% from 65%.
- Net income $0.4M vs net loss $3.6M in prior year; warrant liability gain $0.8M.
- Closed 23 license sales (11 cross-sell, 12 new); Hawksearch drove growth with BigCommerce, Kentico, Optimizely.
- Negotiated $600,000 discount on Hawksearch earnout for early payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774922020410/0001437749-22-020410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774922020410/blin20220811_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-020410

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