INTELLINETICS, INC. (INLX) Form 10-Q — May 14, 2026
Intellinetics reported a net loss of $1.18 million for the first quarter of 2026, widening from $0.73 million in the prior year period, as total revenues declined 8% to $3.91 million. The revenue drop was primarily driven by a 14% decrease in professional services within its Document Services segment, while its Software-as-a-Service revenue remained flat with only 0.1% growth. The company is navigating a leadership transition, incurring severance and overlap costs associated with the departure of CEO Jim DeSocio and the hiring of a successor.
Key figures
- Revenue
- 3909182
- Total Debt
- 0
- Revenue Yoy
- -8
- Cash Position
- 2076124
- Saas revenue
- 1543847
- Saas revenue yoy
- 0.1
- Credit line amount
- 1000000
- Shares outstanding
- 4474272
- Gross margin percent
- 63.5
- Atm remaining capacity
- 8200000
Price after filing
Close on the filing date to close N calendar days later (from $7.00). Historical, not a forecast.
AI analysis
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