{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-013565","form_type":"8-K","ticker":"INLX","cik":"0001081745","company_name":"INTELLINETICS, INC.","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.511634+00:00","generated_at":"2026-05-15T08:20:03.621923+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Intellinetics FY2025 net loss widens to $1.87M; SaaS revenue up 11.3% but total revenue down 8%","bullets":["Net loss of $1,872,895 ($0.44/share) vs $546,215 ($0.13/share) in FY2024; Q4 net loss of $207,975.","Total revenue fell 8% to $16.6M; SaaS revenue grew 11.3% to $6.3M; professional services dropped 18.7%.","Adjusted EBITDA declined to $469,694 from $2,382,357 in prior year; Q4 adjusted EBITDA $260,749 vs $531,241.","Cash at year-end $2.5M; new CEO Alison Forsythe comments on improving execution and accelerating SaaS growth.","2026 outlook: expects year-over-year SaaS revenue growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-013565","json":"https://secwatch.observer/filing/0001493152-26-013565.json","markdown":"https://secwatch.observer/filing/0001493152-26-013565.md","text":"https://secwatch.observer/filing/0001493152-26-013565.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226013565/0001493152-26-013565-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226013565/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:20:03.621923+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":"023288be50daef9ed01f37ecd94f02263547b4ff","claim":"INTELLINETICS, INC. reported fiscal year ended December 31, 2025 results: revenue $16,583,446, net income net loss of $1,872,895, EPS ($0.44) per basic and diluted share.","evidence_excerpt":"Financial Highlights ● SaaS revenue increased 11.3% year over year to $6.3 million. ● Professional services revenue decreased 18.7% year over year. ● Total revenue was $16.6 million, reflecting lower professional services activity. ● Gross profit decreased 3.7% year over year, a function of volume, and gross profit margin increased 295 basis points due to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226013565/0001493152-26-013565-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2025"},{"label":"Revenue","value":"$16,583,446"},{"label":"Net income","value":"net loss of $1,872,895"},{"label":"EPS","value":"($0.44) per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6d31becc0d738e6303a0f11f24a889d6facef2db","claim":"INTELLINETICS, INC. reported three months ended December 31, 2025 results: revenue $4,323,843, net income net loss of $207,975, EPS ($0.05) per basic and diluted share.","evidence_excerpt":"Intellinetics for more consistent performance and long-term value creation.” Summary – 2025 Fourth Quarter Results Revenues for the three months ended December 31, 2025 were $4,323,843, an increase of 1.0%, as compared with $4,280,071 for the same period in 2024. This increase was primarily due to an 8.4% increase in SaaS revenue, partially offset by a 1.8%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226013565/0001493152-26-013565-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2025"},{"label":"Revenue","value":"$4,323,843"},{"label":"Net income","value":"net loss of $207,975"},{"label":"EPS","value":"($0.05) 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"}