Inuvo, Inc. (INUV) Form 10-Q — May 14, 2026
Inuvo reported Q1 2026 revenue of $7.9 million, a 70.3% year-over-year decline, driven by an 81% drop in its Legacy Search business due to a strategic 'Bonfire Reset' to improve traffic quality and compliance. Despite the revenue collapse, the company reported a net income of $1.9 million and EPS of $0.13, primarily boosted by a one-time $6.2 million class action settlement and lower operating costs following headcount reductions. Liquidity remains tight with a net working capital deficit of $2.7 million and an accumulated deficit of $176.4 million.
Key figures
- Eps
- 0.13
- Revenue
- 7927553
- Net Income
- 1895655
- Total Debt
- 2148018
- Debt Amount
- 3300000
- Cash Position
- 2887144
- Gross Proceeds
- 3000000
- Shares Outstanding
- 14820898
- Settlement proceeds
- 6200000
- Atm capacity remaining
- 13800000
- Convertible note interest rate
- 8
- Convertible note maturity months
- 12
- Convertible note conversion price
- 3.1
Price after filing
Close on the filing date to close N calendar days later (from $1.93). Historical, not a forecast.
AI analysis
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