$BLMH

BLUM HOLDINGS, INC.

CIK:0001996210|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenue	$ 4,847	$ 4,364	$ 10,565	$ 9,933
Cost of Goods Sold	2,525	1,916	5,363	5,095
Gross Profit	2,322	2,448	5,202	4,838
Operating Expenses:
Selling, General & Administrative	3,818	4,289	8,809	14,839
Impairment Loss	0	0	0	1,709
Loss on Disposal of Assets	0	359	0	493
Total Operating Expenses	3,818	4,648	8,809	17,041
Loss from Operations	(1,496)	(2,200)	(3,607)	(12,203)
Other Income (Expense):
Interest Expense, Net	(481)	(665)	(1,038)	(1,792)
Gain (Loss) on Extinguishment of Debt	0	0	(174)	15,182
Change in Fair Value of Derivative Liability	(78)	(550)	191	(680)
Provision from Employee Retention Credit	0	(361)	0	0
Unrealized Gain on Long-Term Investments	0	520	0	167
Other Income (Expense)	(41)	60	659	208
Total Other Income (Expense), Net	(600)	(996)	(362)	13,085
Income (Loss) from Continuing Operations Before Provision for Income Taxes	(2,096)	(3,196)	(3,969)	882
Provision for Income Tax Expense for Continuing Operations	(463)	(431)	(1,041)	(745)
Net Income (Loss) from Continuing Operations	(2,559)	(3,627)	(5,010)	137
Income (Loss) from Discontinued Operations Before Provision for Income Taxes	0	(112)	0	16,157
Provision for Income Tax Benefit for Discontinued Operations	0	0	0	280
Net Income (Loss) from Discontinued Operations	0	(112)	0	16,437
Net Income (Loss)	(2,559)	(3,739)	(5,010)	16,574
Less: Net Loss from Continuing Operations Attributable to Non-Controlling Interest	0	(395)	0	(874)
NET INCOME (LOSS) ATTRIBUTABLE TO BLUM HOLDINGS, INC.	$ (2,559)	$ (3,344)	$ (5,010)	$ 17,448
Net Loss from Continuing Operations per Common Share - Basic and Diluted (in dollars per share)	$ (0.25)	$ (0.4)	$ (0.52)	$ (0.02)
Weighted-Average Shares Outstanding - Basic and Diluted (in shares)	12,307,664	9,744,914	12,307,664	9,191,149