Inuvo, Inc. (INUV) financial statements (2022 and earlier)
Company profile
| Business Address |
500 PRESIDENT CLINTON AVE., STE. 300 LITTLE ROCK, AR 72201 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 731 - Advertising (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 13,300 | 2,926 | 889 | 7,891 | |||||
| Cash and cash equivalents | 10,476 | 7,891 | |||||||
| Short-term investments | 1,928 | 2,926 | 889 | ||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 896 | ||||||||
| Receivables | 9,266 | 8,921 | 5,679 | 5,749 | 6,228 | 4,039 | 3,257 | ||
| Prepaid expense | 1,408 | 496 | 494 | 534 | 413 | 464 | 243 | ||
| Other undisclosed current assets | (896) | 11,702 | 17,347 | 17,805 | 9,528 | 4,181 | |||
| Total current assets: | 23,078 | 24,045 | 24,408 | 24,089 | 14,532 | 14,030 | 7,681 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 202 | 287 | 253 | 316 | 396 | 473 | 519 | ||
| Operating lease, right-of-use asset | 641 | 723 | 803 | 844 | 607 | 687 | 536 | ||
| Property, plant and equipment | 1,507 | 1,422 | 1,356 | 1,293 | 1,187 | 1,173 | 1,214 | ||
| Long-term investments and receivables | 860 | ||||||||
| Long-term investments | 860 | ||||||||
| Intangible assets, net (including goodwill) | 16,574 | 17,040 | 17,507 | 17,973 | 18,439 | 18,906 | 19,372 | ||
| Goodwill | 9,853 | 9,853 | 9,853 | 9,853 | 9,853 | 9,853 | 9,853 | ||
| Intangible assets, net (excluding goodwill) | 6,721 | 7,187 | 7,653 | 8,120 | 8,586 | 9,052 | 9,519 | ||
| Other noncurrent assets | 36 | 44 | 39 | 35 | 21 | 21 | 21 | ||
| Other undisclosed noncurrent assets | 1,100 | 1,475 | |||||||
| Total noncurrent assets: | 20,919 | 20,992 | 19,958 | 20,461 | 20,650 | 21,259 | 21,662 | ||
| TOTAL ASSETS: | 43,997 | 45,038 | 44,365 | 44,550 | 35,182 | 35,290 | 29,343 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,219 | 10,543 | 8,521 | 6,797 | 8,265 | 6,545 | 6,249 | ||
| Accounts payable | 4,845 | 4,681 | 6,470 | 2,790 | 4,048 | 3,228 | 3,675 | ||
| Accrued liabilities | 5,374 | 5,862 | 2,052 | 4,006 | 4,216 | 3,317 | 2,575 | ||
| Debt | 103 | 148 | 156 | 197 | 247 | 243 | 2,389 | ||
| Other undisclosed current liabilities | 340 | 335 | 329 | 306 | 218 | 194 | 241 | ||
| Total current liabilities: | 10,663 | 11,025 | 9,007 | 7,299 | 8,729 | 6,983 | 8,878 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 406 | 525 | 552 | 622 | 482 | 650 | 492 | ||
| Finance lease, liability | 105 | 136 | 77 | 84 | 93 | 157 | 196 | ||
| Operating lease, liability | 301 | 388 | 474 | 538 | 389 | 493 | 296 | ||
| Liabilities, other than long-term debt | 120 | 119 | 117 | 114 | 681 | 1,831 | 1,898 | ||
| Deferred income tax liabilities | 107 | 107 | 107 | 107 | 107 | 107 | 107 | ||
| Other liabilities | 13 | 12 | 10 | 7 | 574 | 1,724 | 1,791 | ||
| Total noncurrent liabilities: | 527 | 644 | 669 | 736 | 1,163 | 2,481 | 2,390 | ||
| Total liabilities: | 11,189 | 11,669 | 9,675 | 8,035 | 9,892 | 9,463 | 11,268 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 32,808 | 33,369 | 34,690 | 36,515 | 25,289 | 25,826 | 18,075 | ||
| Common stock | 119 | 119 | 119 | 119 | 98 | 98 | 76 | ||
| Treasury stock, value | (1,397) | ||||||||
| Additional paid in capital | 176,587 | 175,960 | 175,451 | 174,894 | 161,541 | 161,364 | 152,625 | ||
| Accumulated other comprehensive income | 54 | ||||||||
| Accumulated deficit | (143,951) | (142,710) | (140,880) | (138,498) | (136,350) | (135,635) | (133,230) | ||
| Total stockholders' equity: | 32,808 | 33,369 | 34,690 | 36,515 | 25,289 | 25,826 | 18,075 | ||
| TOTAL LIABILITIES AND EQUITY: | 43,997 | 45,038 | 44,365 | 44,550 | 35,182 | 35,290 | 29,343 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 19,736 | 16,841 | 12,636 | 10,618 | 12,902 | 9,214 | 7,590 | |
| Cost of revenue | (8,460) | (3,758) | (2,264) | (1,444) | (2,142) | (1,645) | (1,070) | |
| Cost of goods and services sold | (3,758) | (2,264) | (1,444) | (1,645) | (1,070) | |||
| Gross profit: | 11,276 | 13,083 | 10,372 | 9,174 | 10,761 | 7,569 | 6,520 | |
| Operating expenses | (12,309) | (14,828) | (12,770) | (11,769) | (12,608) | (10,002) | (7,757) | |
| Operating loss: | (1,032) | (1,745) | (2,399) | (2,595) | (1,847) | (2,433) | (1,237) | |
| Nonoperating income (expense) | (158) | (79) | 25 | 470 | 1,134 | 54 | (50) | |
| Other nonoperating income (expense) | (79) | 25 | 470 | 54 | (50) | |||
| Interest and debt expense | (1) | |||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (188) | |||||||
| Net loss: | (1,191) | (1,824) | (2,374) | (2,126) | (901) | (2,379) | (1,287) | |
| Other undisclosed net income (loss) attributable to parent | (50) | (6) | (8) | (21) | 186 | (26) | (73) | |
| Net loss available to common stockholders, diluted: | (1,241) | (1,830) | (2,382) | (2,147) | (715) | (2,405) | (1,359) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,191) | (1,824) | (2,374) | (2,126) | (901) | (2,379) | (1,287) | |
| Comprehensive loss: | (1,191) | (1,824) | (2,374) | (2,126) | (901) | (2,379) | (1,287) | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (33) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,224) | (1,824) | (2,374) | (2,126) | (901) | (2,379) | (1,287) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.