secwatch.observer — SEC 8-K summary
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Issuer:     INTELLINETICS, INC. (INLX)
CIK:        0001081745
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001493152-22-013733
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intellinetics Q1 net loss $20K; SaaS revenue up 33%; Adj EBITDA up 18%
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- Total revenue $2.70M (+3% YoY); SaaS revenue $1.16M (+33% YoY).
- Net loss $20K vs net income $843K in Q1 2021; Q1 2021 included $845K PPP forgiveness gain.
- Adjusted EBITDA $421K (+18% YoY); ninth consecutive quarter of positive adjusted EBITDA.
- Closed acquisition of Yellow Folder on April 1; completed $8.7M equity and debt financing.
- Year-to-date 154 new contracts signed, total contract value approx. $3.9M recognized over ≤1 year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1081745/000149315222013733/0001493152-22-013733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1081745/000149315222013733/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-013733

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer