Inuvo, Inc.
Business
Inuvo is a market leader in generative artificial intelligence for modeling media audiences and advertising technology. The company provides proprietary AI-driven data and advertising solutions, including its flagship IntentKey platform for intent-based audience discovery, IntentPath visualization, and Ranger quality-assurance tools. Inuvo operates through two primary channels: Agencies & Brands, offering managed and self-service solutions across CTV, Video, Audio, Native, and Display channels, and Platform, providing strategic integrations for large advertising-demand consolidators. The company distributes its capabilities globally through relationships with major advertising platforms including Yahoo! and Google, and maintains publisher partnerships for media inventory monetization.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 86 | 84 | — | — | — | |
| Cost of revenue | 22 | 12 | — | 30 | 16 | |
| Gross profit | 64 | 72 | 63 | 45 | 44 | |
| Marketing costs | 52 | 60 | — | 37 | 33 | |
| Compensation | 12 | 12 | 14 | 12 | 11 | |
| General and administrative | 7 | 6 | 8 | 9 | — | |
| Total operating expenses | 71 | 77 | 74 | 58 | 52 | |
| Operating loss | −7 | −6 | −10 | −13 | −8 | |
| Financing expense, net | −259,884 | −266,772 | −29,570 | −21,111 | −86,983 | |
| Other income | 2 | 26,812 | 14,668 | — | — | |
| Loss before taxes | −5 | −6 | — | — | — | |
| Income tax expense | −10,705 | −8,030 | 17,764 | 0 | — | |
| Net loss | −5 | −6 | −10 | −13 | −8 | |
| Net loss | −0.35 | −0.41 | — | — | — | |
| Basic | 14 | 14 | 131 | 120 | 118 | |
| Diluted | 14 | 14 | 131 | 120 | 118 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 2 | 4 | 3 | 10 | |
| Accounts receivable, net of allowance for credit losses of $98,954 and $144,625, respectively | 6 | 13 | 9 | 11 | 9 | |
| Prepaid expenses and other current assets | 489,790 | 639,805 | — | — | — | |
| Total current assets | 9 | 16 | 15 | 16 | 23 | |
| Property and equipment, net | 2 | 2 | 2 | 2 | 2 | |
| Right of use assets - operating lease | 663,635 | 913,439 | 805,786 | 310,162 | 641,306 | |
| Right of use assets - finance lease | 0 | 18,209 | 72,560 | 168,750 | 201,902 | |
| Intangible assets, net of accumulated amortization | 3 | 4 | 5 | 6 | 7 | |
| Goodwill | 10 | 10 | 10 | 10 | 10 | |
| Other assets | 78,342 | 78,342 | — | — | — | |
| Total other assets | 14 | 15 | 16 | — | — | |
| Total assets | 25 | 32 | 32 | 36 | 44 | |
| Accounts payable | 7 | 8 | 6 | 8 | 5 | |
| Accrued expenses and other current liabilities | 4 | 9 | 8 | 5 | 5 | |
| Lease liability - operating leases | 294,093 | 259,867 | 123,074 | 287,523 | 340,478 | |
| Lease liability - finance lease | 0 | 18,209 | 50,801 | 101,003 | 102,954 | |
| Outstanding borrowings under Financing Agreement | 3 | 0 | — | — | — | |
| Total current liabilities | 14 | 18 | 15 | 14 | 11 | |
| Deferred tax liability | 107,971 | 97,266 | 89,238 | 107,000 | 107,000 | |
| Lease liability - operating lease | 443,912 | 738,005 | 751,821 | 23,878 | 300,827 | |
| Total long-term liabilities | 551,883 | 835,271 | 859,484 | 212,208 | 526,540 | |
| Preferred stock, $0.001 par value: Authorized shares - 500,000 - none issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value: Authorized shares 200,000,000; issued and outstanding shares 14,701,949 and 14,050,204 respectively; | 14,703 | 14,051 | 137,983 | 120,138 | 118,748 | |
| Additional paid-in capital | 188 | 187 | 184 | 179 | 177 | |
| Accumulated deficit | −178 | −173 | −167 | −157 | −144 | |
| Total stockholders' equity | 10 | 13 | 17 | 22 | 33 | |
| Total liabilities and stockholders' equity | 25 | 32 | 32 | 36 | 44 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −5 | −6 | −10 | −13 | — | |
| Depreciation and amortization | 2 | 3 | 3 | — | — | |
| Amortization of right of use assets - financing | 18,209 | 54,356 | 96,190 | — | — | |
| Amortization of right of use assets - operating lease | 249,804 | 227,628 | 609,524 | — | — | |
| Stock based compensation | 1 | 2 | 2 | 2 | 2 | |
| Amortization of financing fees | 0 | 20,000 | 8,333 | 2,500 | 12,500 | |
| Impairment and amortization of referral and support services agreement advance | 0 | 800,000 | 300,000 | — | — | |
| Adjustment to expected losses on accounts receivable | −45,671 | −1 | 786,549 | 1 | 7,487 | |
| Deferred income tax expense | 10,701 | 8,028 | −17,764 | 0 | — | |
| Derecognition of contingency and grant | 0 | −35,000 | 0 | −10,000 | — | |
| Accounts receivable | 7 | −2 | 1 | −3 | −3 | |
| Prepaid expenses, other current assets and other assets | 150,064 | 111,320 | −263,569 | 578,009 | −992,978 | |
| Accounts payable | −1 | 2 | — | — | — | |
| Accrued expenses and other liabilities | −6 | 2 | 3 | −205,762 | 1 | |
| Lease liability - operating lease | −259,867 | −212,309 | −541,654 | — | — | |
| Net cash provided by/(used in) operating activities | −2 | 229,554 | −3 | −6 | −5 | |
| Purchases of equipment and capitalized development costs | −2 | −2 | −2 | −2 | −2 | |
| Net cash provided by/(used in) investing activities | −2 | −2 | 606,190 | −2 | −5 | |
| Proceeds from at-the-market sales, net | 1 | 0 | 4 | 0 | 13 | |
| Proceeds net of payments on Financing Agreement | 3 | 0 | — | — | — | |
| Principal payments on finance lease obligations | −18,209 | −50,801 | −102,340 | −107,539 | −257,679 | |
| Net taxes paid on restricted stock unit grants exercised | −650,299 | −302,587 | −166,872 | −196,894 | −272,049 | |
| Net cash provided by/(used in) financing activities | 4 | −353,388 | 3 | −304,433 | 12 | |
| Net change - cash | 380,676 | −2 | 2 | — | — | |
| Interest paid | 482,420 | 337,961 | 105,148 | 18,612 | 55,476 | |
| Acquisition of right of use asset for operating lease liability | 0 | 335,286 | 1 | — | — | |
| Issuance of 3,287,537 restricted stock units to settle accrued incentive liability | 0 | 1 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Inuvo, Inc.'s CIK number?
Inuvo, Inc.'s SEC CIK number is 0000829323 (829323). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Inuvo, Inc.'s SEC filings?
All of Inuvo, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Inuvo, Inc. last report earnings?
Inuvo, Inc. (INUV) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001654954-26-004902). This is Inuvo, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Inuvo, Inc.'s most recent earnings 8-K?
Inuvo, Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001654954-26-004902. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Inuvo, Inc.'s latest earnings 8-K →
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