Inuvo, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
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.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| For the Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating activities: | ||
| Net loss | $(4,501,648) | $(5,903,142) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 1,685,756 | 1,951,196 |
| Amortization of right of use assets - financing | 17,287 | 48,317 |
| Amortization of right of use assets - operating lease | 184,801 | 169,253 |
| Stock based compensation | 842,887 | 1,087,533 |
| Derecognition of contingency and grant | — | (35,000) |
| Amortization of financing fees | — | 20,000 |
| Impairment and amortization of referral and support services agreement advance | — | 800,000 |
| Adjustment to expected losses on accounts receivable | 4,455 | (1,454,533) |
| Deferred income tax expense | 8,028 | 5,352 |
| Change in operating assets and liabilities: | ||
| Accounts receivable | 2,611,148 | 1,899,029 |
| Prepaid expenses and other current assets and other assets | (66,391) | (131,428) |
| Accrued expenses and other liabilities | (1,636,113) | 940,076 |
| Accounts payable | (765,360) | 656,477 |
| Lease liability - operating lease | (192,158) | (153,475) |
| Net cash used in operating activities | (1,807,308) | (100,345) |
| Investing activities: | ||
| Purchases of equipment and capitalized development costs | (1,240,992) | (1,409,762) |
| Net cash provided by/(used in) investing activities | (1,240,992) | (1,409,762) |
| Financing activities: | ||
| Net proceeds financed receivables | 3,383,293 | — |
| Principal payments on finance lease obligations | (17,288) | (44,766) |
| Proceeds from at-the-market sales | 1,149,288 | — |
| Net taxes paid on restricted stock unit grants exercised | (546,657) | (298,760) |
| Net cash provided by/(used in) financing activities | 3,968,636 | (343,526) |
| Net change – cash | 920,336 | (1,853,633) |
| Cash and cash equivalent, beginning of year | 2,459,245 | 4,440,454 |
| Cash and cash equivalent, end of period | $3,379,581 | $2,586,821 |
| Supplemental information: | ||
| Interest paid | $372,349 | $221,534 |
| Acquisition of right of use asset for operating lease liability | $— | $335,286 |
| Issuance of restricted stock units for accrued incentive liability | $— | $535,119 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.