0001437749-26-003978
SEC filingBridgeline Digital, Inc. reported a net loss of $86K for the first fiscal quarter ended December 31, 2025, an improvement in operational efficiency. Net revenue for the period was $3.9M, resulting in a gross profit of $2.6M and a robust gross margin of approximately 66.7%. Operating expenses totaled $2.8M, driven primarily by sales and marketing ($1.0M) and R&D ($792K), leading to a loss from operations of $171K. The company maintained a strong liquidity position with $1.5M in cash and total stockholders' equity of $9.6M against total liabilities of $6.2M. Cash flow from operations was a minor use of cash at -$39K, while investing activities used $17K. The company continued to manage debt, paying down $91K in long-term debt obligations during the quarter.
Bridgeline Digital, Inc. reported total net revenue of $3.9M for the fiscal first quarter ended December 31, 2025. The company generated a gross profit of $2.6M, reflecting a solid gross margin. Operating expenses for the quarter were $2.8M, resulting in a loss from operations of $171K. After accounting for a $90K gain from the change in fair value of warrant liabilities and a $5K provision for income taxes, the net loss applicable to common shareholders was $86K. This represents a relatively flat bottom-line performance with operational losses mitigated by non-operating items.
The XBRL financial data provided does not include a specific breakdown of revenue by segment, geography, or product line. Revenue is reported as a single line item of $3.9M. Consequently, an analysis of specific growth drivers or segment performance cannot be derived from the provided data points. The absence of dimensional revenue data limits the ability to assess the contribution of specific services or subscriptions to the total revenue figure.
The company demonstrated strong cost management at the gross profit level, achieving a gross margin of approximately 66.7% ($2.6M / $3.9M). The cost of revenue was $1.3M. However, operating margins were negative at -4.4%, driven by total operating expenses of $2.8M. Key expense categories included Sales and Marketing ($1.0M), Research and Development ($792K), and General and Administrative ($711K). Depreciation and amortization contributed $190K to operating costs.
The balance sheet reflects a stable financial position with total assets of $15.7M and total stockholders' equity of $9.6M. Current assets ($3.7M) are lower than current liabilities ($5.2M), resulting in a working capital deficit. Cash and cash equivalents stood at $1.5M. Operating cash flow was -$39K, while free cash flow, calculated as operating cash flow minus capital expenditures ($7K) and software capitalization ($10K), was approximately -$56K. The company reduced its long-term debt by $91K during the quarter.
The provided XBRL data and document content do not contain specific forward-looking statements, management guidance, or strategic priorities regarding future periods. No risk factors or qualitative outlook information was included in the source text. Therefore, an assessment of future performance expectations cannot be provided based solely on the financial figures presented.