📊 BLMH Key Takeaways
Investment Thesis
Blum Holdings exhibits severe financial distress with negative stockholders' equity of -$11.9M, liabilities exceeding assets by $7.2M, and persistent unprofitability despite $4.8M in revenue. The company's liquidity crisis (0.07x current ratio) combined with negative free cash flow of -$1.5M and minimal cash reserves of $388K indicates imminent solvency risk.
BLMH Strengths
- Gross margin of 107.3% suggests product or service pricing exceeds cost of goods sold
- Total assets of $45.1M provide some liquidation value base
- Recent insider activity with 6 Form 4 filings may indicate management confidence or restructuring efforts
BLMH Risks
- Negative stockholders equity of -$11.9M indicates technical insolvency and shareholder value destruction
- Critical liquidity crisis with current ratio of 0.07x and only $388K cash against substantial liabilities
- Sustained operating losses with -$1.5M operating cash flow and -$103.4% net margin demonstrates non-viable business model
- Liabilities exceed total assets by $7.2M creating material bankruptcy risk
- Negative free cash flow of -$1.5M indicates inability to sustain operations without external capital injection
Key Metrics to Watch
- Quarterly cash balance and cash burn rate
- Debt covenant compliance and refinancing status
- Revenue stabilization and path to operating profitability
- Stockholders equity trajectory and debt restructuring outcomes
BLMH Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BLMH Profitability Ratios
BLMH vs Consumer Sector
How BLUM HOLDINGS, INC. compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BLMH Balance Sheet & Liquidity
BLMH 5-Year Financial Trend
5-Year Trend Summary: BLUM HOLDINGS, INC.'s revenue has declined by 75% over the 5-year period, indicating business contraction. The most recent EPS of $-32.04 indicates the company is currently unprofitable.
BLMH Growth Metrics (YoY)
BLMH Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $4.4M | -$2.6M | N/A |
| Q2 2025 | $3.5M | -$1.9M | $-0.19 |
| Q1 2025 | $1.8M | -$564.0K | $-0.08 |
| Q3 2024 | $1.5M | -$3.3M | $-0.02 |
| Q2 2024 | $2.3M | -$2.8M | $0.35 |
| Q1 2024 | $6.8M | $410.0K | $0.05 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BLMH Capital Allocation
BLMH SEC Filings
Access official SEC EDGAR filings for BLUM HOLDINGS, INC. (CIK: 0001996210)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BLMH
What is the AI rating for BLMH?
BLUM HOLDINGS, INC. (BLMH) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BLMH's key strengths?
Gross margin of 107.3% suggests product or service pricing exceeds cost of goods sold. Total assets of $45.1M provide some liquidation value base.
What are the risks of investing in BLMH?
Negative stockholders equity of -$11.9M indicates technical insolvency and shareholder value destruction. Critical liquidity crisis with current ratio of 0.07x and only $388K cash against substantial liabilities.
What is BLMH's revenue and growth?
BLUM HOLDINGS, INC. reported revenue of $4.8M.
Does BLMH pay dividends?
BLUM HOLDINGS, INC. does not currently pay dividends.
Where can I find BLMH SEC filings?
Official SEC filings for BLUM HOLDINGS, INC. (CIK: 0001996210) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BLMH's EPS?
BLUM HOLDINGS, INC. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.