Bridgeline SEC Filings

Thomas R. Windhausen, Chief Financial Officer of Bridgeline Digital, Inc. (BLIN), received a grant of 50,000 stock options on 09/30/2025. The option has an exercise price of $1.32 and is exercisable through 09/30/2035. The option was reported as an acquisition (code A) and is held directly by Mr. Windhausen.

The grant vests ratably in twelve (12) equal quarterly installments beginning on the first fiscal quarter following the grant date, and the filing was signed by Mr. Windhausen on 10/02/2025. The Form 4 discloses no other transactions or derivative holdings.

Bridgeline Digital, Inc. held its 2025 Annual Meeting of Stockholders on September 16, 2025, with holders representing 56.2% of the 12,112,068 shares eligible to vote. Stockholders elected directors to three-year terms, approved the company's 2025 Stock Incentive Plan, provided an advisory vote on named executive officer compensation, and ratified PKF O'Connor Davies, LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2025.

The filing reports vote outcomes and indicates the presence of broker non-votes for multiple items. Specific vote tallies are included in the filing text but some counts appear adjacent to different proposals and are not explicitly labeled by director name.

Amendment No. 7 to a Schedule 13D discloses that Roger "Ari" Kahn now beneficially owns 2,171,465 shares of Bridgeline Digital, Inc. common stock, representing approximately 16.7% of the 12,112,068 shares outstanding as of August 28, 2025. Between September 13, 2024 and August 26, 2025 Mr. Kahn purchased an aggregate of 157,100 shares in open market buys, exercised an option on January 29, 2025 to acquire 25,000 shares at $0.81 per share, participated in a private placement on March 26, 2025 for 33,334 shares at $1.52 per share, and received a restricted stock award on June 26, 2025 of 129,788 shares (net 86,049 after 43,739 shares withheld for taxes). All purchases and payments were made with Mr. Kahn's personal funds. He holds sole voting/dispositive power over 2,170,921 shares and 544 shares are attributed to his spouse.

Roger E. Kahn, President, CEO, Director and >10% owner of Bridgeline Digital, Inc. (BLIN), reported two open-market purchases of common stock in 2025. On 06/20/2025 he acquired 15,000 shares at $1.50, bringing his direct holdings to 1,257,289 shares. On 08/26/2025 he acquired 39,500 shares at $1.38, increasing direct holdings to 1,296,789 shares. The report notes a record reconciliation removed 147 shares that were previously overstated, and disclaims beneficial ownership of 544 shares held by his spouse except for pecuniary interest.

Bridgeline Digital, Inc. furnished a Current Report on Form 8-K disclosing that on August 14, 2025 the company issued a press release announcing its financial results for the fiscal quarter ended June 30, 2025. The filing states the press release is included as Exhibit 99.1 and clarifies the information is being furnished under Item 2.02 and is not "filed" for purposes of Section 18 of the Exchange Act.

Bridgeline Digital, Inc. (BLIN) reports selected notes from its unaudited condensed consolidated financial statements for the quarter, showing recent financings, equity instruments and other balance sheet and operating items. The company completed an offering of 1,000,000 common shares at $1.50 per share, generating approximately $1.5 million gross and $1.3 million net after offering expenses. A private placement of 473,979 unregistered shares at $1.52 per share produced about $720 thousand gross and $700 thousand net.

The notes disclose various outstanding warrants and preferred stock arrangements, estimated amortization on intangible assets (remaining 2025: $184k; 2026: $674k; 2027: $559k; 2028: $559k; 2029: $473k; thereafter: $910k), lease term and discount rate (weighted average remaining lease term 2.2 years; discount rate 10.9%), stock-based compensation grants (153,307 restricted shares issued June 30, 2025), and a Board resignation by Michael Taglich.