---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-010860"
form_type: "8-K"
ticker: "TULP"
cik: "0000875355"
company_name: "BLOOMIA HOLDINGS, INC."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:28:26.204382+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Insignia Systems Q2 net sales down 46.6% to $3.3M, net loss $1.1M; $20M News Corp settlement expected

## Summary
- Q2 2022 net sales of $3.3M, down 46.6% from $6.1M in Q2 2021 due to non-repeated display programs.
- Operating loss of $1.1M; net loss of $1.1M ($0.61 per share) vs. $0.51 loss per share in Q2 2021.
- Entered into $20M settlement agreement with News Corp; net proceeds of $11.5-12M expected in Q3 2022.
- Cash and restricted cash was $2.4M at June 30; post-settlement balance at July 31 was $14.9M.
- Company continues exploring strategic alternatives including M&A; retained Chardan as advisor.

## SEC filing metadata
- accession: 0001654954-22-010860
- form_type: 8-K
- ticker: TULP
- cik: 0000875355
- company_name: BLOOMIA HOLDINGS, INC.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875355/000165495422010860/0001654954-22-010860-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875355/000165495422010860/isig_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-010860
- JSON: https://secwatch.observer/filing/0001654954-22-010860.json
- Plain text: https://secwatch.observer/filing/0001654954-22-010860.txt

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