{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-041022","form_type":"8-K","ticker":"INLX","cik":"0001081745","company_name":"INTELLINETICS, INC.","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.150514+00:00","generated_at":"2026-06-08T03:09:30.391050+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Intellinetics Q3 2023 revenue up 10% to $4.25M; net income flat at $209k","bullets":["Total revenue $4.25M (+10% YoY); SaaS revenue $1.29M (+6.8%); professional services $2.33M (+16.2%).","Net income $209k ($0.05 diluted EPS) vs $218k ($0.05) in Q3 2022; YTD net income $458k vs loss $177k.","Adjusted EBITDA $709k, down 12.7% from $811k; YTD adj. EBITDA $1.99M vs $1.74M (+14.2%).","IPAS contracts signed for >$475k annualized SaaS revenue, expected operational by March 2024.","Paid off $700k debt in Q3, bringing YTD debt/earnout payments to $1.7M; FY 2023 revenue and EBITDA growth guidance reiterated."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-041022","json":"https://secwatch.observer/filing/0001493152-23-041022.json","markdown":"https://secwatch.observer/filing/0001493152-23-041022.md","text":"https://secwatch.observer/filing/0001493152-23-041022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1081745/000149315223041022/0001493152-23-041022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1081745/000149315223041022/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T03:09:30.391050+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":"50e77d981edaf29ab63162bfc7d659bdf49e3386","claim":"INTELLINETICS, INC. reported the three months ended September 30, 2023 results: revenue $4,248,429, net income $209,331, EPS $0.05 per fully diluted share. Guidance reaffirmed.","evidence_excerpt":"1,293,745 1,211,407 Software maintenance services 353,010 352,892 Professional services 2,333,090 2,007,613 Storage and retrieval services 259,162 269,325 Total revenues $ 4,248,429 $ 3,859,627 James F. DeSocio, President & CEO of Intellinetics, stated, “We delivered another quarter of double-digit revenue growth, bolstered by continued expansion of our SaaS","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315223041022/0001493152-23-041022-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2023"},{"label":"Revenue","value":"$4,248,429"},{"label":"Net income","value":"$209,331"},{"label":"EPS","value":"$0.05 per fully diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}