---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-026862"
form_type: "8-K"
ticker: "BLMH"
cik: "0001996210"
company_name: "BLUM HOLDINGS, INC."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:37:12.467937+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blum Holdings Q2 revenue $3.5M, net loss $1.9M; cost reductions improve operating expenses 69%

## Summary
- Revenue $3.5M, up 59% QoQ; gross margin 49% vs 42% in Q2 2024.
- Net loss from continuing ops $1.9M vs $0.6M Q1 2025 and net income $7.3M in Q2 2024 (incl. one-time gains).
- Operating expenses $2.5M, down 69% YoY from $8.0M; steady vs Q1.
- Adjusted EBITDA loss $0.6M in Q2; first half 2025 loss improved 85% to $1.0M.
- Recent: $0.5M capital raise Aug 11; binding term sheet for new dispensary adds $4.1M annualized revenue.

## SEC filing metadata
- accession: 0001437749-25-026862
- form_type: 8-K
- ticker: BLMH
- cik: 0001996210
- company_name: BLUM HOLDINGS, INC.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996210/000143774925026862/0001437749-25-026862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996210/000143774925026862/blmh20250610_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-026862
- JSON: https://secwatch.observer/filing/0001437749-25-026862.json
- Plain text: https://secwatch.observer/filing/0001437749-25-026862.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.