Inuvo, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 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.
Sep 30, 2025 · Filed Nov 6, 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 Balance Sheets
September 30, 2025** (Unaudited) and December 31, 2024**
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $3,379,581 | $2,459,245 |
| Accounts receivable, net of allowance for credit losses of $149,080 and $144,625, respectively | 9,930,168 | 12,545,771 |
| Prepaid expenses and other current assets | 706,199 | 639,805 |
| Total current assets | 14,015,948 | 15,644,821 |
| Property and equipment, net | 1,700,264 | 1,792,903 |
| Other assets | ||
| Goodwill | 9,853,342 | 9,853,342 |
| Intangible assets, net of accumulated amortization | 3,542,750 | 3,894,875 |
| Right of use assets - operating lease | 728,638 | 913,439 |
| Right of use assets - finance lease | 922 | 18,209 |
| Other assets | 78,342 | 78,342 |
| Total other assets | 14,203,994 | 14,758,207 |
| Total assets | $29,920,206 | $32,195,931 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $7,656,991 | $8,422,351 |
| Accrued expenses and other current liabilities | 7,549,348 | 9,185,461 |
| Lease liability - operating lease | 285,686 | 259,867 |
| Lease liability - finance lease | 923 | 18,209 |
| Outstanding borrowings under Financing Agreement | 3,383,293 | — |
| Total current liabilities | 18,876,241 | 17,885,888 |
| Long-term liabilities | ||
| Deferred tax liability | 105,294 | 97,266 |
| Lease liability - operating lease | 520,028 | 738,005 |
| Total long-term liabilities | 625,322 | 835,271 |
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value: Authorized shares 500,000, none issued and outstanding | — | — |
| Common stock, $0.001 par value: Authorized shares 200,000,000; issued and outstanding shares 14,602,300 and 14,050,204, respectively. | 144,863 | 140,501 |
| Additional paid-in capital | 187,984,440 | 186,543,283 |
| Accumulated deficit | (177,710,660) | (173,209,012) |
| Total stockholders' equity | 10,418,643 | 13,474,772 |
| Total liabilities and stockholders' equity | $29,920,206 | $32,195,931 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.