{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-011741","form_type":"8-K","ticker":"INLX","cik":"0001081745","company_name":"INTELLINETICS, INC.","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.310347+00:00","generated_at":"2026-06-04T05:43:45.627866+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Intellinetics FY2023 revenue $16.9M (+20.5%), SaaS revenue $5.1M (+27.8%), net income $519K; plans $500K debt prepayment","bullets":["Full-year revenue $16.9M (+20.5% YoY); SaaS revenue $5.1M (+27.8%).","Net income $519K ($0.13 basic EPS) vs. $24K in 2022; Adjusted EBITDA $2.74M (+13.7%).","Q4 net income $62K (-69% YoY) on revenue $4.19M (+3.8%).","IPAS commercially launched with two customers; seven more signed; expects to double SaaS revenue over 4-5 years.","Company plans $500K debt prepayment; aims to have no net debt by end of 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-011741","json":"https://secwatch.observer/filing/0001493152-24-011741.json","markdown":"https://secwatch.observer/filing/0001493152-24-011741.md","text":"https://secwatch.observer/filing/0001493152-24-011741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1081745/000149315224011741/0001493152-24-011741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1081745/000149315224011741/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:43:45.627866+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":"d48118fe5015f073dc31146c56dcf3fb71f39e8c","claim":"INTELLINETICS, INC. reported fiscal year ended December 31, 2023 results: revenue $16,886,381, net income $519,266, EPS $0.13 per basic and $0.11 per fully diluted share. Guidance reaffirmed.","evidence_excerpt":"4,017,409 Software maintenance services 1,407,064 1,387,885 Professional services 9,167,428 7,357,937 Storage and retrieval services 1,078,414 1,094,613 Total revenues $ 16,886,381 $ 14,016,928 James F. DeSocio , President & CEO of Intellinetics, stated, “This was a milestone year for Intellinetics, as we expanded our base of recurring SaaS revenue, making","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315224011741/0001493152-24-011741-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$16,886,381"},{"label":"Net income","value":"$519,266"},{"label":"EPS","value":"$0.13 per basic and $0.11 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"}