Highest-materiality recent filing
Total revenue $3.9M, down 8% YoY; SaaS revenue flat at $1.5M (+0.1%).
Intellinetics FY2025 net loss widens to $1.87M; SaaS revenue up 11.3% but total revenue down 8%
Net loss of $1,872,895 ($0.44/share) vs $546,215 ($0.13/share) in FY2024; Q4 net loss of $207,975.
Intellinetics appoints Alison Forsythe as CEO, secures $1M JPMorgan line of credit
Alison Forsythe appointed President and CEO effective Feb 17, 2026; previously CEO of Humanyze.
Intellinetics CEO James DeSocio to retire effective Feb 27, 2026; succession plan underway
CEO James DeSocio resigns as President, CEO, and Director effective Feb 27, 2026; Board reduced to 5 from 6.
Intellinetics Q3 revenue down 12.8% YoY; SaaS revenue up 14.6%
Q3 revenue $4.0M (-12.8% YoY); net loss $369,765 ($0.08 loss per share) vs $392,850 loss last year.
Net loss $567,590 ($0.13 per share) vs net income $75K ($0.02) in Q2 2024.
Intellinetics prepays $1.37M notes, expects debt-free balance sheet by June 30
Prepaid $1,373,740 ($1,339,500 principal + $34,240 interest) on notes due Dec 2025 without penalty.
Intellinetics awarded $42.75M five-year contract with State of Michigan
Contract runs June 1, 2025 to May 30, 2030, with optional 5-year extension.
Intellinetics enters $10M ATM offering with Lucid Capital Markets
At-the-market offering of up to $10M of common stock through Lucid Capital Markets.
Intellinetics Q1 net loss widens to $0.17/share; SaaS revenue up 9.8%
Net loss of $727,565 ($0.17 per share) vs $174,714 ($0.04) in Q1 2024; operating loss widened to $684,559.
Intellinetics appoints CFO Joseph Spain as additional COO, no pay change
CFO Joseph D. Spain appointed to also serve as COO effective May 6, 2025.
Intellinetics grants 25,000 restricted shares to top three executives
CEO James F. DeSocio receives 10,000 restricted shares; CSO Chretien and CFO Spain each receive 7,500.
Intellinetics corrects Q4 and FY 2024 adjusted EBITDA upward in amended 8-K
Corrected Q4 2024 Adjusted EBITDA to $600,766 from originally reported $531,241.
Intellinetics FY2024 revenue up 7% to $18.0M; net loss $546K vs prior year net income
Full-year revenue $18.02M (+6.7% YoY); SaaS revenue $5.69M (+10.8%).
Director Roger Kahn resigns from Intellinetics board effective Feb 18, 2025
Resignation effective immediately; Kahn cited demands of primary occupation as reason.
Intellinetics Q3 2024 revenue up 8% to $4.59M; net loss of $0.09/share vs prior year profit of $0.05
Total revenue $4.59M (+8% YoY); SaaS revenue $1.40M (+8.5%); professional services $2.60M (+11.5%).
Intellinetics presents at MicroCap Rodeo Fall Conference 2024; slide deck filed
Chairman Michael N. Taglich led the presentation at the MicroCap Rodeo Fall Conference on October 16, 2024.
Intellinetics Q2 revenue up 9% to $4.64M; net income falls to $0.02 EPS; lowers EBITDA guidance
Total revenue $4,641,593 (+9.0% YoY); SaaS +9.6%, professional services +15.8%.
Intellinetics stockholders elect directors, approve 2024 equity plan, ratify auditor
All six director nominees elected with ~1.78M-1.72M votes for; broker non-votes 168,869.
Director William Cooke retires; Michael Taglich appointed interim Chairman of Intellinetics.
William Cooke will retire and not stand for reelection at the 2024 Annual Stockholder Meeting on June 20, 2024.
Total revenue $4.507M, up 7.7% YoY, fully organic; SaaS revenue up 13.5% to $1.405M.
Full-year revenue $16.9M (+20.5% YoY); SaaS revenue $5.1M (+27.8%).
Note amendment allows individual holders to extend maturity from March 30, 2025 to Dec 31, 2025; 12% interest continues.
On May 6, 2025, Intellinetics, Inc. (the “Company”) appointed Chief Financial Officer Joseph D. Spain to assume the title and additional responsibilities of Chief Operating Officer.
On February 18, 2025, Roger “Ari” Kahn notified Intellinetics, Inc., a Nevada corporation (the “Company”), of his resignation from the board of directors of the Company (the “Board”), with immediate effect.
William Cooke will retire and not stand for reelection as a director of the Company at the 2024 Annual Stockholder Meeting.
The Board has appointed Michael Taglich as an interim Chairman.
Max materiality 0.75 · Median 0.65 · Most common event earnings