secwatch.observer — SEC 8-K summary
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Issuer:     Inuvo, Inc. (INUV)
CIK:        0000829323
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001654954-24-010178
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inuvo Q2 revenue up 9.4% to $18.2M; net loss improves 48% to $1.7M
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- Net loss per share $0.01, vs $0.03 in Q2 2023; adjusted EBITDA loss improved 62% to $668K.
- Gross profit margin 84.0% vs 85.8% YoY; H1 margin improved to 85.8% from 80.5%.
- Secured $10M credit line in July 2024; cash $2.0M with $5.0M unused facility and no debt.
- July 2024 preliminary revenue $7.7M, above H1 monthly average of ~$5.9M.
- H1 2024 revenue $35.2M, up 23.6% YoY; operating expenses $34.0M vs $29.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829323/000165495424010178/0001654954-24-010178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829323/000165495424010178/inuvo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-010178

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