{"schema_version":"secwatch.filing_event.v1","accession":"0000829323-23-000020","form_type":"8-K","ticker":"INUV","cik":"0000829323","company_name":"Inuvo, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.380346+00:00","generated_at":"2026-06-15T23:45:47.225108+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Inuvo Q1 revenue falls 37% YoY to $11.8M; net loss widens to $3.4M","bullets":["Net revenue $11.8M vs $18.6M YoY; loss of Direct customer and softening ad demand cited.","Net loss $3.4M ($0.03/share) vs $2.1M ($0.02/share); Adj. EBITDA loss $2.3M vs $703K.","Gross margin improved to 73.1% from 53.5% due to higher-margin Indirect client mix.","Cash $2.0M; working capital $732K; $593K drawn on $5M facility; 121.6M shares outstanding.","Webinar May 5 to unveil new generative AI developments; CEO highlights $50M AI investment."],"urls":{"canonical":"https://secwatch.observer/filing/0000829323-23-000020","json":"https://secwatch.observer/filing/0000829323-23-000020.json","markdown":"https://secwatch.observer/filing/0000829323-23-000020.md","text":"https://secwatch.observer/filing/0000829323-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/829323/000082932323000020/0000829323-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/829323/000082932323000020/inuv-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:45:47.225108+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eef33d51a2ac9af4669841fdd574ad6cac9d618d","claim":"Inuvo, Inc. reported the first quarter ended March 31, 2023 results: revenue $11.8 million, net income $3.4 million, EPS $0.03 per basic and diluted share.","evidence_excerpt":"Net revenue for the first quarter of 2023 totaled $11.8 million, compared to $18.6 million for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829323/000082932323000020/0000829323-23-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$11.8 million"},{"label":"Net income","value":"$3.4 million"},{"label":"EPS","value":"$0.03 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}