---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-006679"
form_type: "8-K"
ticker: "TULP"
cik: "0000875355"
company_name: "BLOOMIA HOLDINGS, INC."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T13:58:03.352375+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lendway reports Q1 net loss of $1.3M; Bloomia acquisition drives $8.0M revenue but one-time costs weigh

## Summary
- Q1 net loss from continuing ops $1.3M ($0.77/share) vs loss of $528K ($0.29) in Q1 2023.
- Revenue from Bloomia $8.0M (no revenue in prior year); adjusted EBITDA $1.7M vs ($614K).
- One-time acquisition costs $1.542M and inventory step-up amortization $1.36M weighed on results.
- Cash decreased to $5.0M from $16.1M due to funding Bloomia acquisition for $53.4M in Feb 2024.
- Company expects full year loss due to seasonality and one-time costs; Q1 and Q2 are strongest quarters.

## SEC filing metadata
- accession: 0001654954-24-006679
- form_type: 8-K
- ticker: TULP
- cik: 0000875355
- company_name: BLOOMIA HOLDINGS, INC.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/875355/000165495424006679/0001654954-24-006679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875355/000165495424006679/ldwy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-006679
- JSON: https://secwatch.observer/filing/0001654954-24-006679.json
- Plain text: https://secwatch.observer/filing/0001654954-24-006679.txt

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