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BLOOMIA HOLDINGS, INC.
TULPCIK 0000875355NasdaqNon-AcceleratedSmaller ReportingAgricultural Production-CropsDelawareFY ends Jun 30
Period
FY 2024
Revenue
$37.77M
Net Income
$-5.74M
Total Assets
$99.98M
Equity
$9.84M
Shares Out
4.77M
Op. Cash Flow
$-4.05M
Business
Bloomia Holdings, Inc. (trading as TULP on Nasdaq) is a specialty agricultural company focused on the production and distribution of fresh cut tulips. The company hydroponically grows tulip stems domestically in the United States, Netherlands, and South Africa, and sells to major mass-market retailers. Bloomia operates multiple production facilities, sources bulbs globally to enable year-round supply, and holds a leading market position in U.S.-grown cut tulips.
Summary from 10-K filed 2025-03-27
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 |
|---|---|---|---|---|---|---|
| Revenue, net | 38 | — | — | — | — | |
| Cost of goods sold | 31 | — | 15 | 16 | 14 | |
| Gross profit | 7 | — | 3 | 3 | 3 | |
| Sales, general and administrative expenses | 13 | 4 | — | — | — | |
| Operating loss | −7 | −4 | −2 | −5 | −5 | |
| Foreign exchange difference, net | −400,000 | — | — | — | — | |
| Interest expense (income), net | 3 | −518,000 | — | — | — | |
| Other income, net | −56,000 | — | — | — | — | |
| Loss from continuing operations before income taxes | −9 | −3 | −2 | 273,000 | 0 | |
| Income tax (benefit) expense | −2 | 20,000 | 6,000 | 42,000 | −191,000 | |
| Net loss from continuing operations | −7 | −3 | — | — | — | |
| Income from discontinued operations, net of tax | 224,000 | 2 | — | — | — | |
| Gain from sale of discontinued operations, net of tax | — | 3 | — | — | — | |
| Net (loss) income including noncontrolling interest | −7 | 2 | 10 | — | — | |
| Less: Net loss attributable to noncontrolling interest | −934,000 | — | — | — | — | |
| Net (loss) income attributable to Lendway, Inc. | −6 | 2 | 10 | −4 | −5 | |
| Other comprehensive loss (foreign currency translation) | −11,000 | — | — | — | — | |
| Less: Comprehensive loss attributable to noncontrolling interest | −2,000 | — | — | — | — | |
| Comprehensive (loss) income attributable to Lendway, Inc. | −6 | 2 | — | — | — | |
| Continuing operations | −3.37 | −1.7 | — | — | — | |
| Discontinued operations | 0.13 | 3.06 | — | — | — | |
| Basic earnings per share | −3.24 | 1.36 | 5.61 | −2.01 | −2.66 | |
| Diluted earnings per share | −3.24 | 1.36 | 5.59 | −2.01 | −2.66 | |
| Weighted average shares used in calculation of net (loss)income per share basic | 2 | 2 | — | 2 | 2 | |
| Weighted average shares used in calculation of net (loss)income per share diluted | 2 | 2 | 2 | 2 | 2 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 16 | 15 | — | — | |
| Accounts receivable - net of allowances for credit losses of $137 and $-0-, respectively | 2 | — | 6 | 5 | 6 | |
| Receivable from escrow account | — | 200,000 | — | — | — | |
| Inventories | 13 | — | 29,000 | 19,000 | 85,000 | |
| Prepaid expenses and other current assets | 1 | 52,000 | 30,000 | 366,000 | 335,000 | |
| Other current assets related to discontinued operations | — | 292,000 | 6 | — | — | |
| Total current assets | 19 | 17 | 21 | 10 | 14 | |
| Property and equipment, net | 11 | 35,000 | 0 | 113,000 | 75,000 | |
| Equity-method investment | 191,000 | — | — | — | — | |
| Goodwill | 11 | — | — | — | — | |
| Intangible assets, net | 26 | — | — | — | — | |
| Operating lease right-of-use assets | 33 | 7,000 | 0 | 183,000 | 37,000 | |
| Finance lease right-of-use assets | 65,000 | — | — | — | — | |
| Long-term receivable | 360,000 | — | — | — | — | |
| Other assets | — | 10,000 | 215,000 | — | — | |
| Total assets | 100 | 17 | 21 | 11 | 14 | |
| Accounts payable | 3 | 32,000 | 138,000 | 3 | 3 | |
| Accrued compensation | 490,000 | 635,000 | — | — | — | |
| Accrued expenses and other current liabilities | 1 | 168,000 | — | 1 | 1 | |
| Current portion of operating lease liabilities | 1 | 4,000 | 0 | 76,000 | 56,000 | |
| Current portion of finance lease liabilities | 21,000 | — | — | — | — | |
| Current portion of debt | 2 | — | — | 0 | 464,000 | |
| Current liabilities related to discontinued operations | 33,000 | 257,000 | 7 | — | — | |
| Total current liabilities | 8 | 1 | 7 | 7 | 6 | |
| Accrued income taxes | — | 42,000 | — | — | — | |
| Operating lease liabilities, net of current portion | 32 | 3,000 | 0 | 108,000 | 0 | |
| Finance lease liabilities, net of current portion | 44,000 | — | — | — | — | |
| Long-term debt, net | 37 | — | — | — | — | |
| Related party note payable | 4 | — | — | — | — | |
| Deferred tax liabilities, net | 8 | — | — | — | — | |
| Total Long-term liabilities | 80 | 45,000 | 193,000 | 819,000 | 1 | |
| Commitments and contingencies (Note 14) | — | — | 0 | 0 | 0 | |
| Common stock, par value $0.01: Authorized shares - 5,714,000 Issued and outstanding shares - 1,770,000 and 1,743,000 at December 31, 2024 and 2023, respectively | 17,000 | 17,000 | 18,000 | 18,000 | 17,000 | |
| Additional paid-in capital | 16 | 16 | 16 | 16 | 16 | |
| Accumulated other comprehensive loss | −9,000 | — | — | — | — | |
| Accumulated deficit | −6 | −661,000 | −3 | −13 | −10 | |
| Total stockholders' equity attributable to Lendway, Inc. | 10 | 16 | 13 | 3 | 7 | |
| Equity from noncontrolling interest | 2 | — | — | — | — | |
| Total Stockholders' equity | 12 | 16 | 13 | — | — | |
| Total Liabilities and Stockholders' equity | 100 | 17 | 21 | 11 | 14 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 | FY 2020 2020-12-31 |
|---|---|---|---|---|---|---|
| Net loss including noncontrolling interest | −7 | −60,000 | — | — | — | |
| Depreciation and amortization | 3 | 7,000 | 0 | — | — | |
| Amortization of deferred financing costs | 95,000 | — | — | — | — | |
| Changes in allowance for credit losses | 108,000 | — | −251,000 | 87,000 | — | |
| Stock-based compensation expense | 60,000 | 44,000 | 123,000 | 232,000 | 172,000 | |
| Noncash paid in kind interest expense | 1 | — | — | — | — | |
| Noncash operating lease expense | 1 | — | — | — | — | |
| Deferred income tax benefit | −3 | — | — | — | 0 | |
| Equity method investment income | −37,000 | — | — | — | — | |
| Other non-cash items | 84,000 | — | — | — | — | |
| Accounts receivable, net | 1 | −200,000 | 0 | 523,000 | 2 | |
| Inventories | −877,000 | — | −10,000 | 66,000 | 135,000 | |
| Income tax receivable | — | 14,000 | −24,000 | 237,000 | −115,000 | |
| Prepaid expenses and other current assets | 325,000 | −8,000 | 151,000 | −392,000 | −327,000 | |
| Accounts payable | 1 | −106,000 | 52,000 | −572,000 | 115,000 | |
| Accrued compensation | −2 | — | — | — | — | |
| Accrued expenses and other current liabilities | 204,000 | 365,000 | — | — | — | |
| Net cash used in operating activities of continuing operations | −4 | −3 | −3 | — | — | |
| Net cash provided by operating activities of discontinued operations | 68,000 | 3 | 14 | — | — | |
| Net cash (used in) provided by operating activities | −4 | 518,000 | 11 | −3 | −2 | |
| Proceeds from sale of business | — | 2 | — | 0 | 100,000 | |
| Purchase of other long-term assets | — | −10,000 | 0 | — | — | |
| Purchases of property and equipment | −1 | −39,000 | 0 | −106,000 | −61,000 | |
| Acquisition of Bloomia, net of cash acquired | −34 | — | — | — | — | |
| Receipts of escrow receivable | 200,000 | — | — | — | — | |
| Net cash (used in) provided by investing activities of continuing operations | −35 | 2 | 0 | — | — | |
| Net cash used in investing activities of discontinued operations | — | −24,000 | −29,000 | — | — | |
| Net cash (used in) provided by investing activities | −35 | 2 | −29,000 | −90,000 | 139,000 | |
| Proceeds from term loan | 18 | — | — | — | — | |
| Proceeds from revolving debt | 13 | — | — | — | — | |
| Proceeds from related party note | 4 | — | — | — | — | |
| Repayments of long-term debt | −1 | — | — | — | — | |
| Repayments of seller note | −3 | — | — | — | — | |
| Repayments of revolving debt | −5 | — | — | — | — | |
| Principal payments on finance lease liabilities | −16,000 | — | — | — | — | |
| Payment of financing costs | −513,000 | — | — | — | — | |
| Proceeds from issuances of common stock | — | 9,000 | 39,000 | 27,000 | 20,000 | |
| Repurchase of common stock, net | — | −482,000 | 0 | — | — | |
| Net cash provided by (used in) financing activities | 25 | −473,000 | 39,000 | −187,000 | 1 | |
| Net (decrease) increase in cash and cash equivalents | −14 | 2 | 11 | −3 | −382,000 | |
| Cash paid for interest | 2 | — | — | — | — | |
| Cash paid for income taxes | 694,000 | 88,000 | 464,000 | 230,000 | −112,000 | |
| Noncash purchase consideration - Equity issuance of noncontrolling interest | 3 | — | — | — | — | |
| Noncash purchase consideration - Seller notes | 15 | — | — | — | — | |
| Purchase of property and equipment included in accrued liabilities | — | 3,000 | 1,000 | 13,000 | 11,000 | |
| Purchase of property and equipment included in debt | 150,000 | — | — | — | — | |
| Common stock issued for settlement of accrued liabilities | — | 146,000 | 0 | — | — |
Filings
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Frequently asked questions
What is BLOOMIA HOLDINGS, INC.'s CIK number?
BLOOMIA HOLDINGS, INC.'s SEC CIK number is 0000875355 (875355). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BLOOMIA HOLDINGS, INC.'s SEC filings?
All of BLOOMIA HOLDINGS, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BLOOMIA HOLDINGS, INC. last report earnings?
BLOOMIA HOLDINGS, INC. (TULP) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-059821). This is BLOOMIA HOLDINGS, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is BLOOMIA HOLDINGS, INC.'s most recent earnings 8-K?
BLOOMIA HOLDINGS, INC.'s latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001104659-26-059821. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BLOOMIA HOLDINGS, INC.'s latest earnings 8-K →
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