Every 10-Q that Intellinetics, Inc. (INLX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow INLX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full INLX filings page.
Intellinetics, Inc. reported softer results for the quarter and six months ended June 30, 2026. Q2 revenue was $3,946,477, down modestly year over year, as reduced professional services in the Document Services segment outweighed growth in software-as-a-service (SaaS). SaaS revenue rose to $1,643,416 in Q2 and $3,187,263 for the six months, both above 2025 levels, and continued to carry high gross margins, but total gross margin compressed to 66.4% in Q2 and 64.9% year-to-date, mainly from weaker professional services mix.
Operating expenses excluding cost of revenues increased to $3,709,046 in Q2 and $7,373,657 year-to-date, driven by CEO transition costs, recruiting fees and higher share-based compensation. Net loss widened to $1,086,138 in Q2 and $2,263,991 for the six months, with loss per share of $0.24 and $0.51, respectively. Operating cash flow turned to an outflow of $186,094 for the six months.
At June 30, 2026, cash was $1,713,637, current assets $3,830,641, deferred revenue $2,911,110, and stockholders’ equity $9,802,418. The company had no debt outstanding and access to a new $1 million secured line of credit with JPMorgan Chase, while remaining heavily exposed to a single large customer, the State of Michigan, and to government-related spending trends.
Intellinetics, Inc. reports first-quarter 2026 results with revenue of $3.9 million, down 8% from the prior-year quarter, as project timing and weaker document services volumes weighed on growth. Professional services revenue fell 14.3%, while software-as-a-service revenue was essentially flat at $1.54 million, up 0.1%.
Gross margin declined to 63.5% from 66.6%, mainly due to lower-margin professional services work, even as storage and retrieval margins improved. Operating expenses rose 4.4%, driven by CEO transition-related costs and stock-based compensation, pushing the operating loss to $1.18 million and net loss to $1.18 million, or $0.27 per share.
The company ended the quarter with $2.08 million in cash and a working capital deficit of about $0.5 million, including $2.90 million of deferred revenue. Operating cash outflow was $0.23 million. Intellinetics has no debt outstanding, a new $1.0 million secured credit line with JPMorgan Chase, significant tax loss carryforwards, and additional capacity under an at-the-market equity program.
Intellinetics (INLX) reported third‑quarter results reflecting softer conversion services and growing SaaS. Revenue was $4,001,445, down 12.8% year over year, as Document Conversion slowed ahead of a June 1 contract renewal, while SaaS revenue rose to $1,608,253, up 14.6%. Gross profit was $2,567,904. The company posted an operating loss of $379,224 and a net loss of $369,765 ($0.08 per share).
For the nine months, revenue was $12,259,603 (down 10.8%), with SaaS at $4,727,526 (up 12.3%). Operating loss was $1,572,261 and net loss was $1,664,920 ($0.39 per share). Operating cash flow was $1,351,190 in Q3 and $1,463,711 year to date, ending cash at $3,222,179 as of September 30, 2025. Management cited a temporary backlog dip in conversion services; SaaS growth helped mix and margins. All 2022 notes (including related‑party) were prepaid on June 18, reducing interest expense. As of November 12, 2025, 4,479,123 shares were outstanding.
Intellinetics, Inc. reported second quarter revenue of $4,010,813, a 13.6% decline year-over-year, driven by a reduction in professional services in its Document Conversion segment. Software-as-a-service (SaaS) revenue grew to $1,577,104, up 12.6% year-over-year, and helped lift consolidated gross margin to 68.0% for the quarter.
The company posted a net loss of $567,590 for the quarter and a six-month net loss of $1,295,155 versus a six-month loss of $99,664 in 2024. Cash and cash equivalents were $2,071,475 at June 30, 2025, total assets were $17.16 million, and total stockholders' equity was $11.56 million. Intellinetics repaid all 2022 notes payable on June 18, 2025 and raised net proceeds of $1.545 million from its ATM program during the six months ended June 30, 2025, leaving approximately $8.2 million available under the registration.
Key risks disclosed include customer concentration (the State of Michigan represented ~40% of six-month revenues and ~48% of gross accounts receivable) and a working capital deficit of about $0.1 million. Management notes backlog replenishment following a contract renewal and expects production to return toward historical levels.