Highest-materiality recent filing
Fluent Q1 revenue down 19% to $44.9M; Commerce Media revenue up 104% to $25.9M
Net loss narrowed to $5.4M ($0.17 loss per share) from $8.3M ($0.39) in Q1 2025.
Fluent Q4 2025 revenue down 5.5% to $61.8M; Commerce Media revenue up 101% to $34.7M, 56% of total
Q4 net loss $4.1M ($0.13/sh) vs $3.4M ($0.19/sh) in Q4 2024; full-year net loss $27.2M ($1.05/sh).
Fluent subsidiary Inbox Pal sells Winopoly LLC for $3.0M secured promissory note
Inbox Pal, LLC (Fluent indirect sub) sold all membership interests of Winopoly, LLC to InsurCo, LLC for $3.0M.
Fluent enters ATM sales agreement for up to ~$11.2M common stock offering
Up to ~$11.2M of common stock may be sold through Lake Street Capital Markets as sales agent.
Fluent enters $30M accounts receivable financing; repays SLR debt with $1M early termination fee
Up to $30M advance based on eligible receivables; 36-month initial term, auto-renewing annually.
Fluent Q3 revenue down 27% to $47M; Commerce Media up 81% to $18.8M, 40% of total
Net loss of $7.6M ($0.27/share) vs $7.9M loss ($0.48) in Q3 2024; Adjusted EBITDA loss of $3.4M.
Fluent (FLNT) adopts cash-settled Equity Participation Plan for employees, directors, contractors
Board approved Fluent Equity Participation Plan on September 22, 2025, for cash-settled RSUs tied to common stock value.
Fluent raises $10.3M in private placement with insider participation; issues shares and warrants
Gross proceeds ~$10.3M from sale of 5.87M shares/warrants at $1.75/unit; participation by officers and largest shareholder.
Q2 revenue $44.7M (-24% YoY); net loss $7.2M ($0.30) vs $11.6M loss in Q2 2024.
All seven director nominees elected, equity plan amendment approved at Fluent 2025 annual meeting
All 7 director nominees elected with >5.9M votes each; broker non-votes of ~3.6M per nominee.
Fluent furnishes updated investor presentation materials; content not available in text
Presentation materials dated June 2025 furnished as Exhibit 99.1 under Item 7.01.
Fluent Q1 2025 revenue falls 16% to $55.2M; Commerce Media revenue up 99%
Net loss of $8.3M ($0.39 per share) vs $6.3M loss in Q1 2024; adjusted net loss $6.7M ($0.31).
Fluent raises ~$5.0M via pre-funded warrants sold to insiders and largest stockholder
Sold 2,332,104 pre-funded warrants at $2.174 each, exercise price $0.0005.
Fourth Amendment on March 10 requires at least $5M additional capital for Borrower (Fluent LLC) by March 20, 2025.
Fluent Q4 revenue falls 10% to $65.4M; Commerce Media Solutions revenue surges 139%
Q4 revenue $65.4M (-10.1% YoY); net loss $3.4M ($0.19/share) vs. loss $1.9M prior year.
Fluent appoints James P. Geygan as independent director, board expands to seven
Board size increased from six to seven; Geygan fills vacancy as independent director.
Fluent raises ~$8.0M via registered direct offering and private placement of pre-funded warrants
Registered direct offering of 2,483,586 shares at $2.3152/share, expected net proceeds ~$5.3M.
Commerce media revenue grew triple-digit YoY in every quarter of 2024, becoming an increasing share of total revenue.
Fluent Q3 revenue down 3% to $64.5M; Commerce Media revenue jumps 341% to $10.4M
Net loss improved to $7.9M ($0.48/sh) from $33.6M ($2.43/sh) in Q3 2023.
Fluent appoints Ryan Perfit as permanent CFO; salary $376,723 plus bonuses and equity
Ryan Perfit appointed CFO effective September 1, 2024; served as interim CFO since February 1, 2023.
Fluent Q2 2024 revenue down 29% YoY; net loss of $11.6M; adjusted EBITDA negative $4.5M
Revenue of $58.7M (down 29% YoY from $82.1M); net loss $11.6M vs net income $4.3M in Q2 2023.
Fluent stockholders approve pre-funded warrant exercise and issuance at special meeting
Proposal 1: approve exercise of pre-funded warrants into common stock – 8,660,908 for, 149,306 against.
Fluent shareholders elect all six director nominees, approve say-on-pay, ratify auditor
Ryan Schulke, Matthew Conlin, Donald Mathis, Barbara Shattuck Kohn, David Graff, Richard Pfenniger elected with 6.3-6.5M for votes.
Fluent Q1 revenue down 15% YoY to $66M; adjusted EBITDA positive at $0.7M
Revenue $66.0M (-15% YoY); net loss $6.3M ($0.45/share) vs net loss $31.9M in Q1 2023.
Fluent regains Nasdaq minimum bid price compliance; delisting risk resolved
Received letter from Nasdaq on April 26, 2024 confirming compliance with Listing Rule 5550(a)(2).
On January 17, 2025, the Board of Directors (the “ Board ”) of Fluent, Inc. (the “ Company ”) increased the size of the Board from six to seven members and appointed James P. (“ JP ”) Geygan to fill the resulting vacancy.
On September 9, 2024, Fluent, Inc. (the “Company”) appointed Ryan Perfit to serve as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer effective as of September 1, 2024.
Max materiality 0.80 · Median 0.60 · Most common event other_material