As of July 13, 2026, Bridgeline Digital, Inc. (BLIN) has a DilutionWatch DilutionScore of 41/100, rated MEDIUM dilution risk. Bridgeline Digital, Inc. has a market capitalization of $15.37M, 12.60M shares outstanding, 18 institutional holders tracked. Key dilution vectors include 7.08M outstanding warrants, approximately 20 months of cash runway.
Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.
📊 Score Breakdown
🔄Convertible Debt—
🌦️ Dilution Forecast
⛈️
Warning
High probability of dilution event
46%
📜 Warrant Exercise
60%
• Massive warrant overhang: 56% of shares outstanding
• Warrant risk score very high (90/100)
🔄 Reverse Split
55%
• 50-day avg $0.93 below $1 exchange minimum
💹 Market Data
Market Cap$15.37M
Shares Outstanding12.60M
Float10.17M
Cash$1.37M
Debt$137.0K
Short InterestN/A
🏛 Institutional Holdings
QoQ: ↓ 5.1% shares (2026Q1 vs prior)
18 institutional holders · 1.79M shares
#1
BARD ASSOCIATES INC
1.08M shares
#2
RENAISSANCE TECHNOLOGIES LLC
158.7K shares
#3
VANGUARD CAPITAL MANAGEMENT LLC
152.2K shares
📉 Short Interest
Short Interest46.5K
Days to Cover1.0
% of Float0.5%
FINRA data as of Jun 30, 2026
📁 Recent SEC Activity
xbrl
XBRL WARRANT
Sep 30, 2025
xbrl
XBRL CONVERTIBLE
Jun 30, 2019
4
INSIDER TRANSACTION
Mar 16, 2026
4
INSIDER TRANSACTION
Mar 16, 2026
4
INSIDER TRANSACTION
Mar 16, 2026
Full SEC filing analysis available with free account
→
📰 Recent News
No recent news
📋 What This Means for BLIN Shareholders
Bridgeline Digital, Inc. (BLIN) has a DilutionScore of 41/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 13, 2026.
DilutionWatch tracks 7.1M outstanding warrants for BLIN. Warrants become dilutive when exercised — converting to common shares at the strike price. Warrants near or in-the-money deserve particular attention since exercise can add materially to the outstanding share count within a short window.
DilutionWatch tracks over 25 SEC filing types for BLIN in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for BLIN alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.
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