Inuvo, Inc (INUV) financial statements (2021 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 millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 0 | 0 | 4 | 4 | 4 | 4 | ||
| Cash and cash equivalents | 8 | 0 | 0 | 4 | 4 | 4 | 4 | ||
| Receivables | 6 | 8 | 7 | 11 | 8 | 7 | 5 | ||
| Prepaid expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other undisclosed current assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total current assets: | 15 | 8 | 7 | 15 | 12 | 12 | 9 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1 | 1 | 1 | ||||||
| Intangible assets, net (including goodwill) | 18 | 20 | 19 | 21 | 14 | 15 | 15 | ||
| Goodwill | 10 | 10 | 10 | 10 | 6 | 6 | 6 | ||
| Intangible assets, net (excluding goodwill) | 9 | 10 | 9 | 11 | 8 | 9 | 10 | ||
| Other noncurrent assets | 0 | 1 | 0 | 0 | 0 | 0 | 0 | ||
| Other undisclosed noncurrent assets | (1) | ||||||||
| Total noncurrent assets: | 21 | 23 | 19 | 21 | 14 | 15 | 16 | ||
| Other undisclosed assets | 2 | 2 | 2 | 2 | 1 | ||||
| TOTAL ASSETS: | 35 | 31 | 29 | 38 | 28 | 29 | 26 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 8 | 12 | 12 | 17 | 12 | 13 | 10 | ||
| Accounts payable | 4 | 8 | 9 | 14 | 9 | 10 | 6 | ||
| Accrued liabilities | 4 | 4 | 2 | 3 | 3 | 3 | 4 | ||
| Employee-related liabilities | 0 | ||||||||
| Taxes payable | 0 | ||||||||
| Debt | 0 | 1 | 0 | 5 | 1 | ||||
| Derivative instruments and hedges, liabilities | 0 | ||||||||
| Other undisclosed current liabilities | 0 | 3 | 2 | (0) | |||||
| Total current liabilities: | 9 | 16 | 14 | 21 | 12 | 13 | 10 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 0 | 1 | 3 | ||||||
| Long-term debt, excluding current maturities | 1 | 3 | |||||||
| Finance lease, liability | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Capital lease obligations | ✕ | ✕ | 0 | ||||||
| Operating lease, liability | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 1 | 2 | 0 | 0 | 4 | 5 | 1 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 0 | |||||
| Accrued income taxes | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 4 | 4 | |||||
| Deferred income tax liabilities | 0 | 2 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 1 | 0 | 0 | 0 | 0 | 1 | 1 | ||
| Other undisclosed noncurrent liabilities | 2 | 2 | 3 | ||||||
| Total noncurrent liabilities: | 1 | 2 | 4 | 3 | 4 | 5 | 7 | ||
| Total liabilities: | 10 | 18 | 18 | 24 | 16 | 18 | 17 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 25 | 13 | 11 | 14 | 12 | 11 | 8 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (1) | (1) | (1) | (1) | (1) | (1) | |||
| Additional paid in capital | 162 | 145 | 139 | 136 | 130 | 129 | 129 | ||
| Accumulated deficit | (136) | (131) | (126) | (121) | (118) | (117) | (119) | ||
| Total stockholders' equity: | 25 | 13 | 11 | 14 | 12 | 11 | 8 | ||
| TOTAL LIABILITIES AND EQUITY: | 35 | 31 | 29 | 38 | 28 | 29 | 26 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 45 | 62 | 73 | 80 | 72 | 70 | 50 | |
| Revenue, net | ✕ | ✕ | ✕ | 80 | 72 | 70 | 50 | |
| Cost of revenue | (8) | (23) | (30) | (37) | (21) | (24) | (20) | |
| Gross profit: | 36 | 39 | 43 | 43 | 50 | 47 | 29 | |
| Operating expenses | (44) | (47) | (49) | (47) | (51) | (45) | (27) | |
| Operating income (loss): | (8) | (8) | (5) | (4) | (1) | 2 | 2 | |
| Nonoperating income (expense) | 1 | 3 | (0) | (0) | (0) | (0) | (0) | |
| Gain on contract termination | 1 | |||||||
| Interest and debt expense | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (0) | (0) | 0 | 0 | 0 | 0 | ||
| Income (loss) from continuing operations before income taxes: | (7) | (5) | (6) | (5) | (1) | 2 | 2 | |
| Income tax benefit | 0 | 1 | 0 | 0 | ||||
| Income (loss) from continuing operations: | (7) | (4) | (6) | (3) | (1) | 2 | 2 | |
| Income (loss) from discontinued operations | (0) | 0 | 0 | (0) | ||||
| Net income (loss) available to common stockholders, diluted: | (7) | (4) | (6) | (3) | (1) | 2 | 2 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (7) | (4) | (6) | (3) | (1) | 2 | 2 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (7) | (4) | (6) | (3) | (1) | 2 | 2 | |
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.