INLX · XBRL financial data

Intellinetics financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (INLX's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	8,253	11,460	14,017	16,886	18,018	16,583
Cost of revenue	3,263	4,517	5,108	6,322	6,493	5,631
Gross profit	4,991	6,943	8,909	10,564	11,525	10,953
Research and development	293	—	—	—	—	—
General and administrative	3,499	4,044	4,945	6,455	8,167	8,691
Total operating expenses	7,029	5,978	8,082	9,456	11,698	12,741
Operating income (loss)	(2,038)	965	827	1,107	(174)	(1,789)
Interest expense	638	452	803	588	373	84
Income tax expense (benefit)	(188)	—	—	—	—	—
Net income (loss)	(2,200)	1,358	24	519	(546)	(1,873)
Earnings per share, basic USD per share	(0.91)	0.48	0.01	0.13	(0.13)	(0.44)
Earnings per share, diluted USD per share	(0.91)	0.44	0.01	0.11	(0.13)	(0.44)
Weighted average shares, basic thousands of shares	2,407	2,823	3,767	4,074	4,201	4,301
Weighted average shares, diluted thousands of shares	2,407	3,105	4,296	4,652	4,201	4,301

Fiscal years (INLX's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,908	1,753	2,696	1,215	2,489	2,528
Accounts receivable	792	1,176	1,121	1,850	1,112	1,240
Inventory	80	77	73	110	101	173
Prepaid and other current assets	162	156	325	367	337	378
Total current assets	3,466	3,684	4,893	5,004	5,475	5,229
Property and equipment, net	699	1,092	1,069	924	1,094	1,093
Right-of-use asset	2,641	3,842	3,200	2,533	1,895	1,395
Goodwill	2,323	2,323	5,790	5,790	5,790	5,790
Total assets	10,345	11,962	19,943	19,026	18,575	17,306
Accounts payable	142	182	370	194	311	285
Accrued liabilities	132	162	115	164	172	200
Total current liabilities	3,625	3,557	6,002	4,387	6,598	5,056
Lease liability, non-current	2,197	3,317	2,625	1,943	1,161	749
Total liabilities	9,191	9,300	11,374	9,276	7,943	5,922
Accumulated deficit	(22,996)	(21,638)	(21,614)	(21,095)	(21,641)	(23,514)
Total stockholders' equity	1,154	2,662	8,569	9,751	10,632	11,384
Total liabilities and equity	10,345	11,962	19,943	19,026	18,575	17,306
Common shares outstanding (cover page) thousands of shares	2,823	2,831	4,074	4,114	4,259	4,474

Fiscal years (INLX's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(2,200)	1,358	24	519	(546)	(1,873)
Stock-based compensation	—	—	—	465	1,497	1,287
Depreciation and amortization	297	414	722	—	—	—
Net cash from operating activities	125	1,390	1,989	785	3,858	934
Purchases of property and equipment	77	590	201	111	439	354
Net cash from investing activities	(4,096)	(590)	(6,961)	(548)	(828)	(824)
Proceeds from issuing common stock	3,168	—	5,741	—	806	1,797
Proceeds from issuing equity	—	—	—	—	—	12,900
Net cash from financing activities	5,475	(955)	5,916	(1,718)	(1,756)	(71)
Net change in cash	1,504	(155)	944	(1,481)	1,274	39

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Intellinetics	1,714	3,946	42*	4.5M	—	Q2 FY26 10-QJun 30, 2026
Pixelworks	52,888	64	(1,712)*	6.0M	30.9 quarters	Q2 FY26 10-QJun 30, 2026
Golden Matrix Group	17,319	50,194	7,799*	12.7M	—	Q2 FY26 10-QJun 30, 2026
Odysight.ai	17,220	420	(4,459)	16.8M	3.9 quarters	Q2 FY26 10-QJun 30, 2026
Avai Bio	84	not reported	(414)	153.9M	0.2 quarters	Q1 FY27 10-QJun 30, 2026
Forian	30,951	6,851	(548)	31.2M	56.5 quarters	Q1 FY26 10-QMar 31, 2026
Cloudastructure	3,807	1,233	(1,946)*	not reported	2.0 quarters	Q2 FY26 10-QJun 30, 2026
RideNow Group	46,700	296,800	(100)*	not reported	467.0 quarters	Q2 FY26 10-QJun 30, 2026
Zedge	20,335	7,770*	1,651*	not reported	—	Q4 FY26 10-KJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.