Inuvo, Inc. (INUV) Form 10-Q — Aug 11, 2026
Inuvo's Q2 2026 revenue fell 66.8% year-over-year to $7.5 million, with the quarterly net loss widening to $4.0 million ($0.27 per share) from $1.5 million ($0.10) a year earlier. The collapse was driven by an 80% drop in Legacy Search revenue tied to the company's intentional 'Bonfire Reset' and industry compliance changes, partially offset by 19% growth in higher-margin Audience Modeling built on its IntentKey AI. Liquidity is tight: Inuvo held only about $0.9 million of unrestricted cash at June 30, 2026 against a $4.8 million net working capital deficit, with another $6.2 million locked in a Streeterville-controlled deposit account.
Key figures
- Revenue
- 7535055
- Total Debt
- 9742000
- Debt Amount
- 10342000
- Revenue Yoy
- -66.8%
- Total Assets
- 27283133
- Cash Position
- 886471
- Interest Rate
- 9% (A-1 Note); 5% (B Note)
- Maturity Date
- June 2028 (24 months from June 29, 2026 issuance)
- Headcount
- 51 at 6/30/26 vs 82 at 6/30/25 (-38%)
- A1 note oid
- 342000
- Q2 2025 revenue
- 22671333
- Q2 gross profit
- 3328089
- Restricted cash
- 6200823
- Asset sale price
- 450000
- B note principal
- 6200000
- Six month revenue
- 15462609
- Accumulated deficit
- 180448789
- Six month revenue yoy
- -68.7%
- Aem days lawsuit claim
- 766000
- Atm remaining capacity
- 13800000
- Six month gross margin
- 45.2% vs 77.3% prior year
- Slr extinguishment loss
- 250386
- Working capital deficit
- approximately $4.8 million
- Subsequent offering fees
- 600000
- Carambolico lawsuit claim
- 1500000
- Total stockholders equity
- 8319169
- A1 note original principal
- 4142000
- Total cash incl restricted
- 7087294
- Severance accruals six month
- approximately $1.4 million
- Customer concentration q2 pct
- [13.7,15.5,20.5,30.5]
- Legacy search revenue decline
- 80%
- Shares outstanding aug 3 2026
- 16483079
- Class action settlement proceeds
- 6200000
- Convertible note repayment total
- 2835000
- Audience modeling growth six month
- 16%
- Subsequent offering gross proceeds
- 3000000
- Subsequent offering warrant shares
- 7423762
- Audience modeling growth three month
- 19%
- Streeterville max monthly redemption
- 750000
Price after filing
Close on the filing date to close N calendar days later (from $1.03). Historical, not a forecast.
AI analysis
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