Bridgeline Digital, Inc.
For the period ended Sep 16, 2025. Filed Aug 7, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Sep 16, 2025 · Filed Aug 7, 2025
Contents
Pay vs. Performance Table
| (a) | (b) | (c) | (d) | (e) | (f) | (h) |
|---|---|---|---|---|---|---|
| Year | Summary compensation table total for PEO | Compensation actually paid to PEO | Average summary compensation table total for non-PEO NEOs (1) | Average compensation actually paid to non-PEO NEOs (1) | Value of initial fixed $100 investment based on Registrant TSR | Net income (loss) (in thousands) |
| 2024(2) | $619,691 | $769,785 | $343,027 | $330,562 | $139 | $(1,961) |
| 2023(2) | $850,993 | $191,221 | $335,227 | $299,123 | $63 | $(9,435) |
| (1) | Reflects average compensation amounts for our non-PEO named executive officers for the respective years shown. Thomas Windhausen is the non-PEO named executive officer for the 2024 and 2023 years presented. |
| (2) | The following table summarizes the adjustments from summary table total compensation to compensation actually paid: |
| PEO | Non-PEO NEOs | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Summary Compensation Table (SCT) Total | $619,691 | $850,993 | $343,027 | $335,227 |
| 2022 Bonus paid in 2023 | - | 99,188 | - | 22,317 |
| 2023 Bonus paid in 2024 | 164,141 | (164,141) | 15,452 | (15,452) |
| 2024 Bonus paid in 2025 | (64,978) | - | (12,917) | - |
| Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the SCT | (67,280) | (265,044) | (33,640) | (26,504) |
| Reduction for fair value, as of the end of the year, of awards granted during the year, that remain unvested as of year-end | 24,684 | (109,582) | 12,342 | (7,851) |
| Reduction for change in fair value from prior year-end to current year-end of awards granted prior to that year, that were outstanding and unvested as of year-end | 68,432 | (171,755) | 3,220 | (3,950) |
| Reduction for fair value as of the vesting dates for awards granted during the year, that vest during the year | 3,062 | (6,779) | 1,531 | (714) |
| Reduction for change in fair value from prior year-end to vesting date of awards granted prior to that year, that vested during year | 22,033 | (41,659) | 1,548 | (3,950) |
| Deduction for fair value of awards granted prior to year that were forfeited during year | - | - | - | - |
| Compensation actually paid | $769,785 | $191,221 | $330,562 | $299,123 |
Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of the grant date. Adjustments have been made using stock option fair values as of each measurement date using the stock price as of the measurement date and updated assumptions (i.e., term, volatility, risk free rates) as of the measurement date. The change in stock price was the primary driver for the adjustments in the table above.
The following table presents a comparison of our actual compensation paid to NEOs versus our total stockholder return, net losses and sales:
| 2024 | 2023 | Change | |
|---|---|---|---|
| Total stockholder return (change in stock price) | $0.32 | $(0.48) | 167% |
| Net loss (in thousands) | $(1,961) | $(9,435) | (79)% |
| Actual compensation paid to NEOs | $1,100,348 | $490,345 | 124% |
During the year ended September 30, 2024, the Company recognized income from a change in fair value of warrants of $76 thousand.
During the year ended September 30, 2023, the Company recognized a goodwill impairment charge of $7,517 thousand.
During the year ended September 30, 2023, the Company recognized income from a change in fair value of warrants of $575 thousand.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.