secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001437749-23-023753
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Digital Q3 FY2023 revenue $3.9M, net loss $0.8M vs prior year net income $0.4M
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- Total revenue $3.9M, down 7% from $4.2M YoY; subscription revenue $3.2M vs $3.4M.
- Net loss $0.8M vs net income $0.4M in Q3 FY2022; operating loss widened to $0.7M from $0.4M.
- Core products (HawkSearch) grew >15% CAGR, signed over $1M in new contracts in Q3.
- Total new sales over $1.2M, including $600K license contracts; $200K annual recurring revenue added.
- Gross margin 68% vs 70% YoY; 9-month net loss $1.4M vs net income $2.6M in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774923023753/0001437749-23-023753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774923023753/blin20230810_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-023753

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