Bloomia Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission, reporting financial results for the three months ended September 30, 2026.

Key Highlights

  • Net loss attributable to Bloomia Holdings: $(2,398,000) for the three months ended September 30, 2026, compared to $(2,854,000) in the same period of the prior year.
  • Revenue, net: $4,961,000 for the three months ended September 30, 2026, down from $5,153,000 in the three months ended September 30, 2025.
  • Gross loss: $(221,000) for the quarter, compared to a gross loss of $(60,000) in the prior-year period, as cost of goods sold of $5,182,000 exceeded net revenue.
  • Basic and diluted loss per share: $(0.50) for the three months ended September 30, 2026, versus $(1.61) in the same prior-year quarter, on weighted average shares of 4,831,000 and 1,770,000, respectively.
  • Total assets: $86,199,000 as of September 30, 2026, compared to $84,431,000 as of June 30, 2026.
  • Accumulated deficit: $(18,486,000) as of September 30, 2026, up from $(16,088,000) as of June 30, 2026.
  • Shares outstanding: 4,830,965 shares of common stock as of November 9, 2026, per the filing.

Bloomia Holdings Q1 FY2027 Financial Results: Revenue Decline and Wider Gross Loss

According to the filing, Bloomia Holdings, Inc. (NASDAQ:TULP) reported net revenue of $4,961,000 for the three months ended September 30, 2026, a decrease from $5,153,000 in the comparable prior-year period. Cost of goods sold of $5,182,000 exceeded revenue, resulting in a gross loss of $(221,000), which the filing shows widened from a gross loss of $(60,000) in the three months ended September 30, 2025. Sales, general and administrative expenses were $2,886,000, contributing to an operating loss of $(3,107,000) compared to $(3,043,000) in the prior-year quarter.

The filing reports that after accounting for foreign currency transaction loss of $167,000, net interest expense of $515,000, other income of $(4,000), and an income tax benefit of $(870,000), the net loss including noncontrolling interest was $(2,915,000). Of that total, $(2,398,000) was attributable to Bloomia Holdings, Inc. and $(517,000) to the noncontrolling interest. The company's accumulated deficit grew to $(18,486,000) as of September 30, 2026, from $(16,088,000) as of June 30, 2026.

On the balance sheet, the filing discloses total assets of $86,199,000 as of September 30, 2026, with current assets of $21,312,000 and noncurrent assets of $64,887,000. Inventories increased to $16,545,000 from $5,331,000 at June 30, 2026, while cash and cash equivalents declined to $731,000 from $1,452,000. Total stockholders' equity was reported at $10,812,000, down from $13,790,000 at June 30, 2026, reflecting the net loss for the period. The company is classified as a non-accelerated filer and smaller reporting company, according to the filing.

What Was Disclosed

Bloomia Holdings, Inc. disclosed its unaudited condensed consolidated financial statements for the three months ended September 30, 2026, including an operating loss of $(3,107,000), declining revenue, a wider gross loss, and an accumulated deficit of $(18,486,000) as of the period end.