Inuvo, Inc.
For the period ended Dec 31, 2025. Filed Mar 5, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 5, 2026
INUV$0.38-3.0%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| 2025 | 2024 | |
|---|---|---|
| Operating activities: | ||
| Net loss | $(5,095,518) | $(5,761,801) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 2,234,749 | 2,515,177 |
| Amortization of right of use assets - financing | 18,209 | 54,356 |
| Amortization of right of use assets - operating lease | 249,804 | 227,628 |
| Stock based compensation | 1,144,773 | 1,501,444 |
| 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 | (45,671) | (1,442,533) |
| Deferred income tax expense | 10,701 | 8,028 |
| Derecognition of contingency and grant | — | (35,000) |
| Change in operating assets and liabilities: | ||
| Accounts receivable | 6,703,509 | (1,876,282) |
| Prepaid expenses, other current assets and other assets | 150,064 | 111,320 |
| Accounts payable | (1,331,567) | 1,990,231 |
| Accrued expenses and other liabilities | (5,565,487) | 2,329,295 |
| Lease liability - operating lease | (259,867) | (212,309) |
| Net cash provided by/(used in) operating activities | (1,786,301) | 229,554 |
| Investing activities: | ||
| Purchases of equipment and capitalized development costs | (1,601,903) | (1,857,375) |
| Net cash provided by/(used in) investing activities | (1,601,903) | (1,857,375) |
| Financing activities: | ||
| Proceeds from at-the-market sales, net | 1,149,288 | — |
| Proceeds net of payments on Financing Agreement | 3,288,100 | — |
| Principal payments on finance lease obligations | (18,209) | (50,801) |
| Net taxes paid on restricted stock unit grants exercised | (650,299) | (302,587) |
| Net cash provided by/(used in) financing activities | 3,768,880 | (353,388) |
| Net change – cash | 380,676 | (1,981,209) |
| Cash and cash equivalent, beginning of year | 2,459,245 | 4,440,454 |
| Cash and cash equivalent, end of year | $2,839,921 | $2,459,245 |
| Supplemental information: | ||
| Interest paid | $482,420 | $337,961 |
| Noncash investing and financing activities: | ||
| Acquisition of right of use asset for operating lease liability | $— | $335,286 |
| Issuance of 3,287,537 restricted stock units to settle accrued incentive liability | $— | $1,055,530 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.