secwatch.observer — SEC 8-K summary
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Issuer:     INTELLINETICS, INC. (INLX)
CIK:        0001081745
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001641172-25-000280
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intellinetics FY2024 revenue up 7% to $18.0M; net loss $546K vs prior year net income
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- Full-year revenue $18.02M (+6.7% YoY); SaaS revenue $5.69M (+10.8%).
- Net loss $546,215 ($0.13/sh) vs net income $519,266 ($0.11/sh); $1.06M share-based comp.
- Adjusted EBITDA $2.38M vs $2.74M in 2023; Q4 net loss $53,701.
- Debt reduced to <$1.4M after $1.625M prepayments; cash >$2.4M.
- 2025 guidance: revenue growth expected but EBITDA to decline >50% due to sales/marketing investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1081745/000164117225000280/0001641172-25-000280-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1081745/000164117225000280/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-000280

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