secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001437749-24-000383
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Q4 revenue $3.8M (-10% YoY); net loss $8.1M includes $7.5M goodwill impairment
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- Q4 total revenue $3.8M vs $4.2M YoY; subscription/licenses revenue $3.1M vs $3.4M.
- Q4 gross margin 68% (down from 71%); operating loss $8.2M includes $7.5M goodwill impairment.
- FY2023 total revenue $15.9M vs $16.8M; net loss $9.4M vs net income $2.1M in FY2022.
- Signed $6M+ in new contracts in FY23; HawkSearch renewal rate >95%.
- Launched AI Assistant and Smart Search (concept & visual) to drive future growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774924000383/0001437749-24-000383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774924000383/blin20231227_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-000383

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