For the quarter ending 2026-03-31, INLX had -$452,157 decrease in cash & cash equivalents over the period. -$253,398 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -1,177,853 | -207,975 | -369,765 | -1,295,155 |
| Depreciation and amortization | 302,881 | 315,067 | 315,446 | 615,127 |
| Bad debt expense | 20,487 | 6,111 | 45,850 | 29,126 |
| Loss on disposal of fixed assets | - | -19,420 | 0 | -10,202 |
| Amortization of deferred financing costs | - | 0 | 0 | 42,052 |
| Amortization of right of use assets, financing | 18,186 | 18,185 | 18,186 | 36,372 |
| Share-based compensation | 263,316 | 155,351 | 166,420 | 965,471 |
| Accounts receivable | -23,428 | 294,423 | 225,538 | -310,576 |
| Accounts receivable, unbilled | -88,029 | 193,801 | -376,121 | -204,630 |
| Parts and supplies | -42,870 | 63,218 | -54,484 | 64,000 |
| Prepaid expenses and other current assets | 109,534 | -122,156 | -2,533 | 26,263 |
| Accounts payable and accrued expenses | 780,236 | -132,702 | -65,758 | 116,759 |
| Operating lease assets and liabilities, net | -10,673 | -9,626 | -9,065 | -13,896 |
| Deferred revenues | -469,806 | -264,385 | 1,042,276 | -818,480 |
| Total adjustments | 949,420 | -321,865 | 1,720,955 | 1,407,676 |
| Net cash used in operating activities | -228,433 | -529,840 | 1,351,190 | 112,521 |
| Capitalization of internal use software | 178,700 | 125,527 | 134,904 | 209,171 |
| Purchases of property and equipment | 24,965 | 20,585 | 71,060 | 262,733 |
| Net cash used in investing activities | -203,665 | -146,112 | -205,964 | -471,904 |
| Repayment of notes payable - related parties | - | 0 | 0 | 532,169 |
| Exercise of stock warrants | - | 0 | 0 | 12 |
| Repayment of notes payable | - | 0 | 0 | 807,331 |
| Proceeds from issuance of common stock | - | 0 | 80,149 | 1,716,957 |
| Offering costs paid on issuance of common stock | - | 0 | 57,152 | 118,629 |
| Principal payments on financing lease liability | 18,387 | 17,946 | 17,519 | 33,795 |
| Payments to taxing authorities in connection with shares directly withheld from employees | 1,672 | 0 | 0 | 283,399 |
| Net cash used in financing activities | -20,059 | -17,946 | 5,478 | -58,378 |
| Net decrease in cash | -452,157 | -693,898 | 1,150,704 | -417,761 |
| Cash - beginning of period | 2,528,281 | 3,222,179 | 2,489,236 | - |
| Cash - end of period | 2,076,124 | 2,528,281 | 3,222,179 | - |
INTELLINETICS, INC. (INLX)
INTELLINETICS, INC. (INLX)