For the quarter ending 2026-03-31, INUV has $23,238,213 in assets.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Prepaid expenses and other current assets | - | - | - | 670,852 |
| Cash and cash equivalents | 2,887,144 | 2,839,921 | 3,379,581 | 2,135,188 |
| Accounts receivable, net of allowance for credit losses of 35,191 and 98,954, respectively | 4,326,204 | 5,887,884 | 9,930,168 | 9,737,823 |
| Prepaid expenses and other current assets | 630,994 | 489,790 | 706,199 | - |
| Total current assets | 7,844,342 | 9,217,595 | 14,015,948 | 12,543,863 |
| Property and equipment, net | 1,567,094 | 1,629,561 | 1,700,264 | 1,755,495 |
| Goodwill | 9,853,342 | 9,853,342 | 9,853,342 | 9,853,342 |
| Right of use assets - finance lease | - | 0 | 922 | 5,972 |
| Other assets | - | - | 78,342 | 78,342 |
| Intangible assets, net of accumulated amortization | 3,308,000 | 3,425,375 | 3,542,750 | 3,660,124 |
| Right of use assets - operating lease | 597,093 | 663,635 | 728,638 | 791,910 |
| Other assets | 68,342 | 78,342 | - | - |
| Total other assets | 13,826,777 | 14,020,694 | 14,203,994 | 14,389,690 |
| Total assets | 23,238,213 | 24,867,850 | 29,920,206 | 28,689,048 |
| Lease liability - finance lease | - | 0 | 923 | 5,972 |
| Accounts payable | 4,101,976 | 7,090,784 | 7,656,991 | 8,804,533 |
| Accrued expenses and other current liabilities | 4,051,565 | 3,619,974 | 7,549,348 | 6,827,272 |
| Lease liability - operating lease | 279,900 | 294,093 | 285,686 | 277,510 |
| Outstanding borrowings under financing agreement | 0 | 3,288,100 | 3,383,293 | - |
| Convertible notes, at fair value | 2,148,018 | - | - | - |
| Total current liabilities | 10,581,459 | 14,292,951 | 18,876,241 | 15,915,287 |
| Deferred tax liability | 110,646 | 107,971 | 105,294 | 99,942 |
| Lease liability - operating lease1 | 387,049 | 443,912 | 520,028 | 594,180 |
| Total long-term liabilities | 497,695 | 551,883 | 625,322 | 694,122 |
| Common stock, 0.001 par value authorized shares 200,000,000 issued and outstanding shares 14,785,003 and 14,701,949, respectively | 14,786 | 14,703 | 144,863 | 144,735 |
| Additional paid-in capital | 188,553,148 | 188,312,843 | 187,984,440 | 187,904,996 |
| Accumulated deficit | -176,408,875 | -178,304,530 | -177,710,660 | -175,970,092 |
| Total stockholders' equity | 12,159,059 | 10,023,016 | 10,418,643 | 12,079,639 |
| Total liabilities and stockholders' equity | 23,238,213 | 24,867,850 | 29,920,206 | 28,689,048 |
Inuvo, Inc. (INUV)
Inuvo, Inc. (INUV)