Infinite Group SEC Filings

Infinite Group, Inc. reported Q2 2025 revenue of $1.32M, down from $1.63M a year earlier, and a net loss of $364K. For the first six months of 2025, revenue was $3.00M with a net loss of $648K, an improvement over the prior-year loss.

Total assets were $1.19M against liabilities of $12.03M, leaving stockholders’ deficiency at $10.84M and a working capital deficit of about $9.5M. The company ended the period with cash of only $3,829 and multiple debt obligations in default, and management concluded there is substantial doubt about its ability to continue as a going concern.

Operations remain highly concentrated, with one customer providing 56–61% of revenue. A planned $7.5M asset sale of the Ace Server Management division was terminated on July 31, 2025, and subsequent events show reliance on new high-cost loans to fund liquidity needs.

Infinite Group, Inc. reported first-quarter 2025 revenue of $1,683,867, up 6.7% from the prior year, and a net loss of $284,300, an improvement from a $459,529 loss. Gross profit rose to $749,213 as cost of sales declined.

The company ended March 31, 2025 with only $21,331 of cash, a working capital deficit of about $9.1 million, total liabilities of $11,662,235, and stockholders’ deficiency of $10,477,788. Management states there is substantial doubt about its ability to continue as a going concern.

One major customer generated about 65% of first-quarter revenue and 44% of accounts receivable. Infinite Group is also in default on multiple notes, including Mast Hill bridge loans and older third-party and related-party debt, and is accruing significant default and penalty interest.