Every 10-Q that Inuvo, Inc. (INUV) 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 INUV 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 INUV filings page.
Inuvo, Inc. reported a sharp contraction in its advertising business for the quarter ended June 30, 2026. Net revenue fell to $7.5 million from $22.7 million a year earlier, driven by an approximately 80% decline in its higher-margin Legacy Search business following a deliberate “Bonfire Reset” and broader industry pressures. Gross profit dropped to $3.3 million, and the quarter’s net loss widened to $4.0 million (loss of $0.27 per share) from $1.5 million.
For the first half of 2026, revenue declined 68.7% to $15.5 million, but the net loss narrowed to $2.1 million, helped by a $6.2 million one-time class action settlement gain. Audience Modeling, centered on the IntentKey AI platform, grew, accounting for 45.2% of year‑to‑date revenue versus 12.2% in the prior year. Legacy Search now contributes a smaller share but at reduced margins, compressing the consolidated gross margin to 45.2%.
Liquidity remains tight. Inuvo held $0.9 million in unrestricted cash and $6.2 million in restricted cash, with a working capital deficit of about $4.8 million. The company refinanced with $10.3 million in secured Streeterville notes and completed a $3.0 million equity offering in July 2026. Management believes these resources, plus expected cash flows and access under its Note Purchase Agreement, will sustain operations for at least twelve months while it focuses on growing IntentKey‑driven Audience Modeling.
Inuvo, Inc. reported first‑quarter 2026 revenue of $7.9 million, down 70.3% from the prior year as Legacy Search sales fell sharply following a deliberate “Bonfire” reset to improve traffic quality and compliance. Gross margin dropped to 46.2% versus 79.0% a year earlier, driving an operating loss of $3.9 million. Thanks mainly to a one‑time class‑action settlement of about $6.2 million, Inuvo posted net income of $1.9 million, or $0.13 per diluted share, compared with a loss in 2025. The company ended the quarter with $2.9 million in cash, a net working capital deficit of roughly $2.7 million, no borrowings under its $10 million SLR credit facility, and a new $3.3 million subordinated convertible note outstanding. Management is refocusing on higher‑margin IntentKey Audience Modeling and believes existing liquidity and expected cash flows can support operations for at least the next twelve months, while acknowledging uncertainty around restoring Legacy Search revenue.
Inuvo (INUV) filed its Q3 2025 10‑Q reporting net revenue of $22,570,572 and a net loss of $1,740,564 (basic and diluted loss per share $0.12). Gross margin compressed to 73.4% from 88.4% a year ago, reflecting mix shifts within Platform revenue. Operating loss was $1,669,703.
Platforms contributed 82.8% of Q3 revenue; Agencies & Brands 17.2%. Two customers represented 62.8% and 19.6% of Q3 revenue, and 40.9% and 28.9% of accounts receivable as of September 30, 2025. Cash was $3,379,581 with a net working capital deficit of $4.9M. The company had $3,383,293 outstanding on its $10M SLR receivables financing facility. During 2025, it sold 165,641 shares via its ATM for gross proceeds of $1,184,740 (net $1,149,288) and recorded IRS Employee Retention Credit-related receipts totaling $1,216,508. A 1‑for‑10 reverse stock split was effected on June 10, 2025.