secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001437749-24-004819
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Q1 FY2024 revenue $3.8M; net loss $0.6M vs prior year net income $0.1M
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- Total revenue $3.8M, down 7% YoY from $4.1M; subscription/license revenue $3.1M vs $3.2M.
- Operating loss $0.6M vs $0.4M prior; net loss $0.6M vs net income $0.1M prior year.
- Signed $2.5M in new contracts with 28 license sales adding >$750K ARR; Net Revenue Retention >90%.
- Launched Smart Search and Rapid UI for HawkSearch; drove highest new license bookings under CEO.
- Search now >50% of revenue; strong pipeline in electrical, building materials, insurance, education.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774924004819/0001437749-24-004819-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774924004819/blin20240214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-004819

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