{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-016912","form_type":"8-K","ticker":"BLMH","cik":"0001996210","company_name":"BLUM HOLDINGS, INC.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.656057+00:00","generated_at":"2026-05-21T10:47:43.997846+00:00","sec_items":["1.01","2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Blum Q1 revenue up 26% to $2.2M; EBITDA turns positive at $57K","bullets":["Net loss from continuing ops improved to $0.6M from $3.5M YoY; operating expenses down 43% to $2.5M.","Gross margin rose to 53% (from 45%); adjusted EBITDA loss narrowed to $0.4M from $3.3M YoY.","Executed amended LOI to acquire Bay Area cannabis dispensary for $2.0M ($1.3M cash + $0.5M stock) plus up to $0.2M earnouts.","Appointed Brad Hirsch as independent director effective May 8, 2025; will serve on audit, compensation, and governance committees.","Raised $1.6M in capital YTD; bankruptcy court approved People's settlement (effective May 16 absent stay)."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-016912","json":"https://secwatch.observer/filing/0001437749-25-016912.json","markdown":"https://secwatch.observer/filing/0001437749-25-016912.md","text":"https://secwatch.observer/filing/0001437749-25-016912.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925016912/0001437749-25-016912-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925016912/blmh20250328_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T10:47:43.997846+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"752af7147d","claim":"Brad Hirsch was appointed as Director at BLUM HOLDINGS, INC..","evidence_excerpt":"On May 8, 2025, the Company appointed Brad Hirsch to the Board of Directors of the Company (the “Board”), effective May 8, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925016912/0001437749-25-016912-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}