Inuvo Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
INUV$0.38-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders' Equity
(unaudited)
For the Six Months Ended June 30,** **
| 2024 | |||||
|---|---|---|---|---|---|
| Common Stock · Additional · Accumulated | |||||
| Shares | Stock | Paid in Capital | Deficit | Total | |
| Balance as of December 31, 2023 | 137,983,918 | $137,983 | $184,291,414 | $(167,447,211) | $16,982,186 |
| Net loss | (2,111,658) | (2,111,658) | |||
| Stock-based compensation | 396,312 | 396,312 | |||
| Stock issued for vested restricted stock awards | 1,444,866 | 1,445 | (1,445) | — | |
| Shares withheld for taxes on vested restricted stock | (161,973) | (161,973) | |||
| Balance as of March 31, 2024 | 139,428,784 | 139,428 | 184,524,308 | (169,558,869) | 15,104,867 |
| Net loss | (1,747,191) | (1,747,191) | |||
| Stock-based compensation | 318,681 | 318,681 | |||
| Stock issued for vested restricted stock awards | 1,005,543 | 1,006 | (1,006) | — | |
| Shares withheld for taxes on vested restricted stock | (136,787) | (136,787) | |||
| Balance as of June 30, 2024 | 140,434,327 | $140,434 | $184,705,196 | $(171,306,060) | $13,539,570 |
| 2023 | ||||||
|---|---|---|---|---|---|---|
| Common Stock · Additional · Accumulated · Accumulated Other Comprehensive | ||||||
| Shares | Stock | Paid in Capital | Deficit | Income (Loss) | Total | |
| Balance as of December 31, 2022 | 120,137,124 | $120,138 | $178,771,604 | $(157,057,558) | $(84,868) | $21,749,316 |
| Net loss | (3,440,105) | (3,440,105) | ||||
| Unrealized gain on debt securities | 84,868 | 84,868 | ||||
| Stock-based compensation | 432,084 | 432,084 | ||||
| Stock issued for vested restricted stock awards | 1,503,238 | 1,503 | (1,503) | — | ||
| Shares withheld for taxes on vested restricted stock | (166,872) | (166,872) | ||||
| Reversal of expense related to a change in warrant vesting | (9,874) | (9,874) | ||||
| Balance as of March 31, 2023 | 121,640,362 | 121,641 | 179,025,439 | (160,497,663) | — | 18,649,417 |
| Net loss | $(3,377,238) | (3,377,238) | ||||
| Stock-based compensation | 503,061 | 503,061 | ||||
| Stock issued for vested restricted stock awards | 3,333 | 3 | (3) | — | ||
| Stock warrants issued for referral agreement | 1,276 | 1,276 | ||||
| Capital raise, net of issuance costs | 16,000,000 | 16,000 | 3,649,000 | 3,665,000 | ||
| AGP Closing at-the-market sale | 173,558 | 174 | 60,962 | 61,136 | ||
| Balance as of June 30, 2023 | 137,817,253 | $137,818 | $183,239,735 | $(163,874,901) | $— | $19,502,652 |
Inuvo, Inc.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.