Inuvo Q2 2026: revenue down 67% to $7.5M, net loss $4.0M; CFO Ruiz to retire

Inuvo, Inc.

2026-Q2 EPS reported -$0.15 revenue$15,462,609

Q2 net revenue $7.5M, down 67% YoY; Audience Modeling up 19%, Legacy Search down 80%.
Net loss $4.0M ($0.27/share) vs $1.5M loss ($0.10) in Q2 2025; adjusted EBITDA loss $1.8M.
Raised ~$13M gross: $10.3M secured notes in Q2, $3.0M stock/warrants post-quarter; retired prior debt.
CFO Wallace Ruiz retires Aug 17; Derric Ciccone named President & CFO; Aleesha Parris promoted to CAO.
Ciccone package: $375k salary, 150k RSUs, $125k incentive target, $100k sign-on; Ruiz advisory at $62.5k/month.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Wallace D. Ruiz

Chief Financial Officer and Secretary

INUV · Inuvo, Inc.

Effective: 2026-08-17
Successor: Derric Ciccone
Filed: August 11, 2026, 5:29 PM ET

On August 10, 2026, Wallace D. Ruiz notified the Board of Directors (the "Board") of Inuvo, Inc. (the "Company") of his intention to retire as the Company’s Chief Financial Officer and Secretary (principal financial officer and principal accounting officer), effective August 17, 2026.

Appointed

Derric Ciccone

President, Chief Financial Officer and Secretary

INUV · Inuvo, Inc.

Effective: 2026-08-17
Filed: August 11, 2026, 5:29 PM ET

On August 10, 2026, the Board appointed Derric Ciccone, age 47, to serve as the Company’s President, Chief Financial Officer and Secretary (principal financial officer), effective August 17, 2026, upon Mr. Ruiz’s retirement.

Role change

Aleesha Parris

Chief Accounting Officer

INUV · Inuvo, Inc.

Effective: 2026-08-17
Filed: August 11, 2026, 5:29 PM ET

On August 10, 2026, the Board appointed Aleesha Parris, CPA, age 38, to serve as the Company’s Chief Accounting Officer (principal accounting officer), effective August 17, 2026 upon Mr. Ruiz’s retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Wallace D. Ruiz departed as Chief Financial Officer and Secretary at Inuvo, Inc..

Action: retire
Role: Chief Financial Officer and Secretary

Exact text from the filing

On August 10, 2026, Wallace D. Ruiz notified the Board of Directors (the "Board") of Inuvo, Inc. (the "Company") of his intention to retire as the Company’s Chief Financial Officer and Secretary (principal financial officer and principal accounting officer), effective August 17, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Derric Ciccone was appointed as President, Chief Financial Officer and Secretary at Inuvo, Inc..

Action: appointed
Role: President, Chief Financial Officer and Secretary

Exact text from the filing

On August 10, 2026, the Board appointed Derric Ciccone, age 47, to serve as the Company’s President, Chief Financial Officer and Secretary (principal financial officer), effective August 17, 2026, upon Mr. Ruiz’s retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Aleesha Parris was appointed as Chief Accounting Officer at Inuvo, Inc..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On August 10, 2026, the Board appointed Aleesha Parris, CPA, age 38, to serve as the Company’s Chief Accounting Officer (principal accounting officer), effective August 17, 2026 upon Mr. Ruiz’s retirement.

View on SEC.gov

Inuvo, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-26-007482

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