Bridgeline Digital(BLIN) - 2025 Q2 - Quarterly Results

Revenue Performance - Total revenue for Q2 FY2025 was $3.9 million, an increase from$3.8 million in the prior year period[6] - Subscription and licenses revenue for Q2 FY2025 was $3.1 million, up from$3.0 million in the prior year period, representing 79% of total revenue[11] - Total revenue for the first six months of FY2025 was $7.7 million, slightly up from$7.6 million in the same period last year[15] - Subscription and licenses revenue for the first six months of FY2025 was $6.1 million, consistent with the prior year period[15] - Total net revenue for the three months ended March 31, 2025, was$3,875 million, a slight increase from $3,804 million in the same period of 2024, reflecting a growth of 1.87$2.6 million, with a gross profit margin of 68%, compared to 66% in the prior year period[11] - Gross profit for the six months ended March 31, 2025, was $5,151 million, compared to$5,076 million for the same period in 2024, indicating a growth of 1.48%[31] - The net loss applicable to common shareholders for the three months ended March 31, 2025, was $1,061 million, compared to a net loss of$602 million in the same period of 2024, representing an increase in loss of 76.17%[31] - Adjusted EBITDA for the three months ended March 31, 2025, was $(239) million, compared to$(83) million for the same period in 2024, indicating a worsening of 187.65%[33] Operating Expenses - Operating loss for Q2 FY2025 was $0.7 million, compared to a loss of$0.5 million in the prior year period[12] - Operating expenses for Q2 FY2025 were $3.4 million, compared to$3.0 million in the prior year period[11] - Research and development expenses for the three months ended March 31, 2025, were $1,110 million, compared to$1,037 million in the same period of 2024, an increase of 7.03%[31] Asset and Equity Changes - Total assets increased to $17,019 million as of March 31, 2025, up from$15,602 million on September 30, 2024, representing an increase of 9.05%[27] - Total current liabilities rose to $5,475 million as of March 31, 2025, compared to$4,728 million on September 30, 2024, marking an increase of 15.77%[28] - Total stockholders' equity increased to $10,590 million as of March 31, 2025, from$10,006 million on September 30, 2024, representing a growth of 5.83%[29] Business Development - Bridgeline sold 20 new subscription contracts in Q2 FY2025, adding over $700,000 in Annual Recurring Revenue[6] - Bridgeline plans to deepen its presence in B2B industries through targeted AI campaigns and events in 2025[6] Shareholder Information - The number of weighted average shares outstanding for basic shares was 10,507,720 as of March 31, 2025, compared to 10,417,609 for the same period in 2024, an increase of 0.86%[31]