10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-22-003039 |
| Period End Date | 20211231 |
| Filing Date | 20220210 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | blin20211231_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.85M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.36M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.37M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.26M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.37M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseCurrent
|
$397.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseCurrent
|
$196.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$10.42M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.02M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$250.00K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$252.00K | USD | Point-in-time |
| Operating lease assets |
OperatingLeaseRightOfUseAsset
|
$481.00K | USD | Point-in-time |
| Operating lease assets |
OperatingLeaseRightOfUseAsset
|
$434.00K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$7.35M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$7.75M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$15.98M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$15.98M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$120.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$76.00K | USD | Point-in-time |
| Total assets |
Assets
|
$32.16M | USD | Point-in-time |
| Total assets |
Assets
|
$34.97M | USD | Point-in-time |
| Current portion of operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$161.00K | USD | Point-in-time |
| Current portion of operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$151.00K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.36M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$974.00K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$908.00K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$1.06M | USD | Point-in-time |
| Current portion of purchase price and contingent consideration payable |
BusinessCombinationConsiderationLiabilityCurrent
|
$3.46M | USD | Point-in-time |
| Current portion of purchase price and contingent consideration payable |
BusinessCombinationConsiderationLiabilityCurrent
|
$1.04M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$2.10M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$1.79M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$6.02M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$8.34M | USD | Point-in-time |
| Operating lease liabilities, net of current portion |
OperatingLeaseLiabilityNoncurrent
|
$283.00K | USD | Point-in-time |
| Operating lease liabilities, net of current portion |
OperatingLeaseLiabilityNoncurrent
|
$320.00K | USD | Point-in-time |
| Purchase price and contingent consideration payable, net of current portion |
BusinessCombinationDeferredConsiderationAndContingentConsiderationLiabilityNoncurrent
|
$2.43M | USD | Point-in-time |
| Purchase price and contingent consideration payable, net of current portion |
BusinessCombinationDeferredConsiderationAndContingentConsiderationLiabilityNoncurrent
|
$2.36M | USD | Point-in-time |
| Warrant liabilities |
WarrantLiabilityNoncurrent
|
$1.96M | USD | Point-in-time |
| Warrant liabilities |
WarrantLiabilityNoncurrent
|
$4.40M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$774.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$778.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$12.61M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$17.39M | USD | Point-in-time |
| Commitments and contingencies (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$100.27M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$100.21M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-80.42M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-82.29M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-312.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-353.00K | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$17.58M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$4.36M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$3.25M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$19.55M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$32.16M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$34.97M | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.84M | USD | 1 Quarter |
| Net revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$4.29M | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$957.00K | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$1.28M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.88M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.01M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$1.23M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$444.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$465.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$873.00K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$349.00K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$859.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$424.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$232.00K | USD | 1 Quarter |
| Restructuring and acquisition related expenses |
RestructuringAndAcquisitionRelatedExpenses
|
$210.00K | USD | 1 Quarter |
| Restructuring and acquisition related expenses |
RestructuringAndAcquisitionRelatedExpenses
|
$98.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$3.48M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.70M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$179.00K | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-479.00K | USD | 1 Quarter |
| Interest (income) expense and other, net |
InterestIncomeExpenseNet
|
$94.00K | USD | 1 Quarter |
| Interest (income) expense and other, net |
InterestIncomeExpenseNet
|
$-87.00K | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$-2.44M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$1.44M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.17M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.88M | USD | 1 Quarter |
| Provision for (benefit from) income taxes |
IncomeTaxExpenseBenefit
|
$-6.00K | USD | 1 Quarter |
| Provision for (benefit from) income taxes |
IncomeTaxExpenseBenefit
|
$3.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$1.87M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.16M | USD | 1 Quarter |
| Basic net income (loss) per share (in dollars per share) |
EarningsPerShareBasic
|
$0.18 | USD | 1 Quarter |
| Basic net income (loss) per share (in dollars per share) |
EarningsPerShareBasic
|
$-0.26 | USD | 1 Quarter |
| Diluted net income (loss) per share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.26 | USD | 1 Quarter |
| Diluted net income (loss) per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.06 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.42M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
10.19M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
10.63M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.42M | shares | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$1.87M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.16M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$401.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$218.00K | USD | 1 Quarter |
| Depreciation and other amortization |
DepreciationNonproduction
|
$23.00K | USD | 1 Quarter |
| Depreciation and other amortization |
DepreciationNonproduction
|
$14.00K | USD | 1 Quarter |
| Change in fair value of contingent consideration |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
- | USD | 1 Quarter |
| Change in fair value of contingent consideration |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$70.00K | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$-2.44M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$1.44M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$63.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$51.00K | USD | 1 Quarter |
| Government grant income |
GovernmentGrantIncome
|
$88.00K | USD | 1 Quarter |
| Government grant income |
GovernmentGrantIncome
|
- | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-106.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$188.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidExpense
|
$188.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidExpense
|
$111.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$110.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$5.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$149.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$506.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$-307.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$228.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$9.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-21.00K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-1.79M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$1.61M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$451.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$79.00K | USD | 1 Quarter |
| Software development capitalization costs |
PaymentsToDevelopSoftware
|
$46.00K | USD | 1 Quarter |
| Software development capitalization costs |
PaymentsToDevelopSoftware
|
$30.00K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$18.00K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-41.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-64.00K | USD | 1 Quarter |
| Payments of contingent consideration and deferred cash payable |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$2.42M | USD | 1 Quarter |
| Payments of contingent consideration and deferred cash payable |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
- | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
$81.00K | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.50M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-7.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$6.00K | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$416.00K | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-2.50M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$1.28M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$8.85M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$6.36M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$861.00K | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$1.28M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$8.85M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$6.36M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$861.00K | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$3.00K | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
Stockholders Equity
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$17.58M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$4.36M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.25M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$19.55M | USD | Point-in-time |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$51.00K | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$63.00K | USD | 1 Quarter |
| Issuance of common stock warrants exercised |
StockIssuedDuringPeriodValueWarrantsExercised
|
- | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$1.87M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.16M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$10.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$41.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$17.58M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$4.36M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.25M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$19.55M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$1.87M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-1.16M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$10.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$41.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$1.91M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-1.15M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.