Inuvo, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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, 2025 · Filed Aug 7, 2025
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 Operations and Comprehensive Loss
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Net revenue | $22,671,333 | $18,209,005 | $49,379,365 | $35,232,782 |
| Cost of revenue | 5,576,545 | 2,906,188 | 11,197,486 | 5,005,230 |
| Gross profit | 17,094,788 | 15,302,817 | 38,181,879 | 30,227,552 |
| Operating expenses | ||||
| Marketing costs | 14,138,328 | 12,431,580 | 31,651,322 | 25,534,224 |
| Compensation | 3,201,006 | 3,031,231 | 6,800,327 | 6,256,090 |
| General and administrative | 1,799,011 | 1,539,393 | 3,543,574 | 2,227,903 |
| Total operating expenses | 19,138,345 | 17,002,204 | 41,995,223 | 34,018,217 |
| Operating loss | (2,043,557) | (1,699,387) | (3,813,344) | (3,790,665) |
| Financing expense, net | (17,697) | (42,451) | (45,626) | (62,831) |
| Other income, net | 559,991 | — | 1,100,562 | — |
| Income tax expense | — | (5,353) | (2,676) | (5,353) |
| Net loss | (1,501,263) | (1,747,191) | (2,761,084) | (3,858,849) |
| Per common share data | ||||
| Basic and diluted: | ||||
| Net loss | $(0.10) | $(0.12) | $(0.19) | $(0.28) |
| Weighted average shares | ||||
| Basic | 14,450,640 | 14,011,853 | 14,361,782 | 13,945,396 |
| Diluted | 14,450,640 | 14,011,853 | 14,361,782 | 13,945,396 |
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