---
schema_version: "secwatch.filing_event.v1"
accession: "0000829323-23-000008"
form_type: "8-K"
ticker: "INUV"
cik: "0000829323"
company_name: "Inuvo, Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T08:01:48.977155+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Inuvo revenue up 26% to $75.6M in 2022 but net loss widens to $13.1M

## Summary
- Q4 revenue $17.3M (down 12% YoY); net loss $4.0M vs $1.2M loss a year ago.
- Full-year net loss $13.1M ($0.11 per share) vs $7.6M ($0.06) in 2021.
- Adjusted EBITDA loss $5.0M in 2022 vs $1.9M loss; Q4 loss $1.8M.
- Gross margin for Q4 improved to 68.0% from 57.1%, but full-year margin fell to 60.0%.
- Cash $4.5M, no debt, $5M unused working capital facility; 120M shares outstanding.

## SEC filing metadata
- accession: 0000829323-23-000008
- form_type: 8-K
- ticker: INUV
- cik: 0000829323
- company_name: Inuvo, Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829323/000082932323000008/0000829323-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829323/000082932323000008/inuv-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829323-23-000008
- JSON: https://secwatch.observer/filing/0000829323-23-000008.json
- Plain text: https://secwatch.observer/filing/0000829323-23-000008.txt

## Key facts
- Earnings Releases
  Inuvo, Inc. reported the fourth quarter and full year ended December 31, 2022 results: net income Net loss for the full year ended December 31, 2022 totaled $13.1 million, EPS $0.11 per basic and diluted share.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Net income: Net loss for the full year ended December 31, 2022 totaled $13.1 million
  - EPS: $0.11 per basic and diluted share
  - Result: reported results
  source text: Net revenue for the full year ended December 31, 2022 totaled $75.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/829323/000082932323000008/0000829323-23-000008-index.htm
- Earnings Releases
  Inuvo, Inc. reported the fourth quarter and full year ended December 31, 2022 results: net income Net loss for the full year ended December 31, 2022 totaled $13.1 million, EPS $0.11 per basic and diluted share.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Net income: Net loss for the full year ended December 31, 2022 totaled $13.1 million
  - EPS: $0.11 per basic and diluted share
  - Result: reported results
  source text: Net loss for the full year ended December 31, 2022 totaled $13.1 million, or $0.11 per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/829323/000082932323000008/0000829323-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.