STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

BLMH

BLUM HOLDINGS, INC.
CIK 0001996210 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
84.9
composite ยท 3 signals ยท TRIGGERED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

Chat with this filing โ†’

Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.

Investigation memo โ€” generate one โ†’

Run the bounded investigation agent โ€” reads this company's signals and writes a short, cited summary.

Signals

P-01 ยท FY 2024-12-31 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 1.31 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-13) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 1.31,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.188,
    "GMI": 1.027,
    "AQI": 1.54,
    "SGI": 1.675,
    "DEPI": 0.047,
    "SGAI": 0.528,
    "LVGI": 0.224,
    "TATA": 0.743
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 12990000,
    "revenue_t1": 7756000,
    "total_assets_t": 24820000,
    "net_income_t": null,
    "cfo_t": -1549000
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1996210/000143774925007468/0001437749-25-007468-index.htm",
    "form": "10-K",
    "filed": "2025-03-13"
  }
}
P-05 ยท FY 2024-12-31 ยท ELEVATED63.0

Tax arbitrage

ETR 7.7% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-13) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-12-31": 0.0774
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-12-31": 0.1326
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1996210/000143774925007468/0001437749-25-007468-index.htm",
    "form": "10-K",
    "filed": "2025-03-13"
  }
}
P-12 ยท FY 2024-12-31 ยท CLEAN23.6

Restatement predictor

F-Score 0.71 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-13) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.708,
  "probability": 0.00262,
  "components": {
    "rsst": null,
    "drec": -0.0109,
    "dinv": -0.0153,
    "soft": 0.9473,
    "dcs": 0.7149,
    "droa": null,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1996210/000143774925007468/0001437749-25-007468-index.htm",
    "form": "10-K",
    "filed": "2025-03-13"
  }
}