Inuvo, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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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.
Mar 31, 2026 · Filed May 14, 2026
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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Condensed Consolidated Statements of Cash Flows
| For the Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities: | ||
| Net income (loss) | $1,895,655 | $(1,259,821) |
| Adjustments to reconcile net income (loss) to net cash provided by/(used in) operating activities: | ||
| Depreciation and amortization | 538,786 | 568,042 |
| Change in right of use assets - financing | — | 6,090 |
| Change in right of use assets - operating lease | 66,541 | 59,945 |
| Stock based compensation | 302,719 | 304,284 |
| Adjustment to expected losses on accounts receivable | (63,763) | 31,624 |
| Deferred income tax expense | 2,676 | 2,676 |
| Change in fair value of convertible notes | (18,649) | — |
| Change in operating assets and liabilities: | ||
| Accounts receivable | 1,625,443 | 491,707 |
| Prepaid expenses, other current assets and other assets | (131,204) | (99,191) |
| Accrued expenses and other liabilities | 431,591 | 754,973 |
| Accounts payable | (2,988,808) | (1,165,346) |
| Lease liability - operating lease | (71,056) | (61,895) |
| Net cash provided by/(used in) operating activities | 1,589,931 | (366,912) |
| Investing activities: | ||
| Purchases of equipment and capitalized development costs | (358,944) | (451,729) |
| Net cash used in investing activities | (358,944) | (451,729) |
| Financing activities: | ||
| Proceeds from at-the-market sales | — | 1,128,838 |
| Payments net of proceeds on Financing Agreement | (3,288,100) | — |
| Proceeds from issuance of convertible note | 3,000,000 | — |
| Principal payments of convertible note | (833,333) | — |
| Principal payments on finance lease obligations | — | (6,090) |
| Net taxes paid on restricted stock unit grants exercised | (62,331) | (201,359) |
| Net cash provided by/(used in) financing activities | (1,183,764) | 921,389 |
| Effect of exchange rate changes | — | — |
| Net change – cash | 47,223 | 102,748 |
| Cash and cash equivalent, beginning of year | 2,839,921 | 2,459,245 |
| Cash and cash equivalent, end of period | $2,887,144 | $2,561,993 |
| Supplemental information: | ||
| Interest paid | $422,467 | $125,726 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.