Highest-materiality recent filing
Intellinetics shareholders elect directors, approve equity plan amendments at 2026 annual meeting
All five director nominees elected: Taglich, Guttilla, Jaworski, Seid, Bernier, each with >1.85M votes for.
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.
Intellinetics Q3 2023 revenue up 10% to $4.25M; net income flat at $209k
Total revenue $4.25M (+10% YoY); SaaS revenue $1.29M (+6.8%); professional services $2.33M (+16.2%).
Intellinetics appoints Michael Taglich to board; Taglich holds ~18% stake
Michael Taglich appointed to Board effective Oct 27, 2023, filling a vacancy from May 2023.
Intellinetics presents at LD Micro Main Event XVI; no material new info disclosed
Presentation led by CEO James F. DeSocio at investor conference dated October 4, 2023.
Intellinetics Q2 revenue up 25% YoY to $4.26M; net income $0.03 EPS vs ($0.09)
Q2 revenue $4.26M, up 24.7% fully organic; SaaS revenue rose 10.3%.
Intellinetics stockholders elect all six director nominees at 2023 annual meeting
All six director nominees elected each with >1.6M votes; 1,787,566 shares present (quorum).
Intellinetics Q1 revenue up 55% YoY to $4.19M; net income positive, SaaS revenue doubles
Total revenue $4,186,833, up 55% from $2,703,512 in Q1 2022.
Intellinetics directors Chretien and D'Orazio to leave board; Chretien stays as CSO
Matthew L. Chretien will not stand for reelection; term ends June 22, 2023.
Intellinetics presents at Taglich Brothers conference; no material updates disclosed
CEO James F. DeSocio and CFO Joseph Spain to present at Taglich Brothers 19th Annual Investment Conference on May 1, 2023.
Intellinetics reports 2022 revenue up 22%, SaaS revenue up 179% to $4.0M
Full-year total revenue $14.02M (up 22% YoY); SaaS revenue $4.02M (179% YoY).
Intellinetics presents at Microcap Rodeo Winter Wonderland Conference on Feb 22, 2023
CEO James F. DeSocio and CFO Joseph Spain lead the virtual investor conference presentation.
Board member Sophie Pibouin resigns; CEO, CFO, CSO get salary increases
Sophie Pibouin resigned from board and its Compensation and Nominating/Governance committees due to new full-time job, effective date TBD.
Intellinetics prepays $1M of 12% notes, offers holders maturity extension to Aug 2023
Prepaid $1,000,000 (50% of outstanding principal) on its 12% subordinated promissory notes on Dec 1, 2022.
Final earnout payment fixed at $700,000, down from maximum of $833,333 under original agreement.
Intellinetics adds John Guttilla to board as independent director and audit committee chair
John Guttilla elected to board on Nov 10, 2022, bringing total directors to seven.
Intellinetics Q3 revenue +22% to $3.9M; SaaS revenue +244%; Adj. EBITDA +48% to $799K
Total revenue $3.9M, up 22% YoY; SaaS revenue surged 244% from acquisition and organic growth.
Intellinetics cancels and reschedules annual meeting due to insufficient quorum
Annual meeting set for Aug 17, 2022 cancelled; rescheduled for early November 2022.
Intellinetics Q2 revenue up 17% to $3.42M; net loss $374K on acquisition costs
Total revenue $3.42M (+17% YoY); SaaS revenue surged 208% YoY, led by Yellow Folder acquisition.
Intellinetics adjourns annual meeting to Aug 17, 2022 due to lack of quorum
Only 38% of outstanding shares voted; quorum requires a majority.
Intellinetics annual meeting adjourned without quorum; 29% voted, reconvene July 19
June 22 annual meeting lacked quorum; no business conducted; adjourned to July 19, 2022.
Yellow Folder Q1 2022 revenue $803,613, net income $278,889 (up 20% from $666,858 and $257,573 year-ago).
Intellinetics Q1 net loss $20K; SaaS revenue up 33%; Adj EBITDA up 18%
Total revenue $2.70M (+3% YoY); SaaS revenue $1.16M (+33% YoY).
Intellinetics presents at Taglich Brothers investor conference; no material new details disclosed
CEO James F. DeSocio and CFO Joseph Spain led presentation at Taglich Brothers 18th Annual Investor Conference on May 2, 2022.
Intellinetics grants 136,245 stock options to three executives at $6.08; ups CFO salary to $175k
CEO James DeSocio receives 77,854 incentive stock options; CSO Chretien 19,464; CFO Spain 38,927.
Intellinetics acquires Yellow Folder for $6.5M, financed via equity and 12% notes
Acquired substantially all assets of Yellow Folder (K-12 document management) on April 1, 2022 for ~$6.5M cash, subject to working capital adjustment.
Intellinetics reports record SaaS revenue, net income of $1.36M for FY2021, vs loss in 2020
Total revenue $11.46M (+39% YoY); SaaS revenue up 37% YoY.
Intellinetics presents at Microcap Rodeo Winter Wonderland Virtual Investor Conference
Company presented slide deck on February 8, 2022, covering business operations and strategic initiatives.
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.
the Board of Directors (the “Board”) of Intellinetics, Inc. (the “Company”) appointed Michael Taglich to serve as a director of Intellinetics, Inc.
Rye D'Orazio will not stand for reelection as a director of the Company at the 2023 Annual Stockholder Meeting.
Matthew L. Chretien will not stand for reelection as a director of the Company at the 2023 Annual Stockholder Meeting.
On January 16, 2023, Sophie Pibouin notified Intellinetics, Inc., a Nevada corporation (the “Company”), of her resignation from the board of directors of the Company (the “Board”) with an effective date as yet to be determined.
On November 10, 2022, the stockholders of Intellinetics, Inc., a Nevada corporation (the “Company”) elected John Guttilla, 66, as an additional Director
On October 1, 2021, the Board of Directors (the “Board”) of Intellinetics, Inc. (the “Company”) elected William Cooke, age 60, as an additional Director, and appointed Mr. Cooke as Chair of the Board, Chair of the Audit Committee of the Board, and a member of the Compensation Committee of the Board.
Max materiality 0.75 · Median 0.53 · Most common event earnings