secwatch.observer — SEC 8-K summary
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Issuer:     Bridgeline Digital, Inc. (BLIN)
CIK:        0001378590
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001437749-24-017480
Event type: earnings
Sentiment:  negative
Materiality: 0.40
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bridgeline Q2 revenue $3.8M down 7% YoY, net loss widens to $0.6M
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- Total revenue $3.8M vs $4.1M Q2 2023; subscription revenue $3.0M (79% of total).
- Net loss $0.6M vs $0.5M a year ago; operating loss narrowed to $0.5M from $0.7M.
- Gross margin decreased to 66% from 69%; subscription gross margin 71% vs 74%.
- Launched Smart Search Zeus with Concept Search and Image Search for eCommerce.
- Sold ~50 new licenses in H1 2024; partnerships with BigCommerce, Optimizely, CSS Commerce.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378590/000143774924017480/0001437749-24-017480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378590/000143774924017480/blin20240509_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-017480

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