INTELLINETICS, INC. reported the three months ended March 31, 2026 results: revenue $3,909,182, net income $1,177,853, EPS ($0.27). Guidance initiated.
“Revenues for the three months ended March 31, 2026 were $3,909,182, a decrease of 8.0%, as compared with $4,247,345 for the same period in 2025. This decrease was primarily due to a 14.3% decline in professional services revenue. Total operating expenses increased 4.4% to $3,664,611, compared to $3,511,759 for the same period in 2025, driven by increases in general and administrative expense of 9.1%, due to non-recurring expenses in Q1 related to our CEO transition, totaling $430,130, including severance costs and share-based compensation for our retiring CEO, overlapping compensation expenses for our prior and current CEO in the quarter, and recruiting costs for our new CEO, partially offset by reduced share-based compensation expense for other employees. Loss from operations was $1,182,552 compared to loss from operations of $684,559 in the first quarter last year, primarily due to the lower professional services revenues and non-recurring CEO transition costs. Intellinetics reported”
Earnings Releases
INTELLINETICS, INC. reported three months ended December 31, 2025 results: revenue $4,323,843, net income net loss of $207,975, EPS ($0.05) per basic and diluted share.
“Intellinetics for more consistent performance and long-term value creation.” Summary – 2025 Fourth Quarter Results Revenues for the three months ended December 31, 2025 were $4,323,843, an increase of 1.0%, as compared with $4,280,071 for the same period in 2024. This increase was primarily due to an 8.4% increase in SaaS revenue, partially offset by a 1.8%”
Earnings Releases
INTELLINETICS, INC. reported fiscal year ended December 31, 2025 results: revenue $16,583,446, net income net loss of $1,872,895, EPS ($0.44) per basic and diluted share.
“Financial Highlights ● SaaS revenue increased 11.3% year over year to $6.3 million. ● Professional services revenue decreased 18.7% year over year. ● Total revenue was $16.6 million, reflecting lower professional services activity. ● Gross profit decreased 3.7% year over year, a function of volume, and gross profit margin increased 295 basis points due to”
Debt Financings
INTELLINETICS, INC. incurred credit facility of $1 million with JPMorgan Chase Bank, N.A. at 2.35% over the Secured Overnight Financing Rate (SOFR) maturing December 31, 2026.
“On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).”
Joseph D. Spain was appointed as Chief Operating Officer at INTELLINETICS, INC..
“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.”
Roger "Ari" Kahn resigned as Director at INTELLINETICS, INC..
“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.”
Michael Taglich was appointed as Interim Chairman of the Board at INTELLINETICS, INC..
“The Board has appointed Michael Taglich as an interim Chairman.”
William Cooke retired as Chairman of the Board at INTELLINETICS, INC..
“William Cooke will retire and not stand for reelection as a director of the Company at the 2024 Annual Stockholder Meeting.”
Earnings Releases
INTELLINETICS, INC. reported fiscal quarter ended March 31, 2024 results: revenue Total revenues $ 4,507,084, net income net loss of $174,714, EPS $0.04 net loss per basic and fully diluted share. Guidance lowered.
“Revenues for the three months ended March 31, 2024 were $4,507,084, an increase of 7.7%, as compared with $4,186,833 for the same period in 2023. This organic increase was driven by an 13.5% increase in SaaS revenue, and a 7.9% increase in professional services fees, partially offset by lower sales of storage and retrieval and modest growth, at 2.4% as expected, in software maintenance services. Recurring revenue grew 12.2% and now represents 61% of total revenue. Total operating expenses increased 24.2% to $2,934,124, compared to $2,361,840, driven by a $397,901 charge for restricted stock awards, as well as depreciation and amortization expenses (all non-cash expenses, except for $69,525 related to withholding taxes for the restricted stock awards). Loss from operations (inclusive of the restricted stock award charge) was $34,480 compared to income from operations of $283,999 in the first quarter last year. Intellinetics reported a net loss of $174,714 compared to net income of $112,”
Earnings Releases
INTELLINETICS, INC. reported fiscal year ended December 31, 2023 results: revenue $16,886,381, net income $519,266, EPS $0.13 per basic and $0.11 per fully diluted share. Guidance reaffirmed.
“4,017,409 Software maintenance services 1,407,064 1,387,885 Professional services 9,167,428 7,357,937 Storage and retrieval services 1,078,414 1,094,613 Total revenues $ 16,886,381 $ 14,016,928 James F. DeSocio , President & CEO of Intellinetics, stated, “This was a milestone year for Intellinetics, as we expanded our base of recurring SaaS revenue, making”
Material Agreements
INTELLINETICS, INC. amended Amendment to all of its 12% Subordinated Promissory Notes with certain accredited investors (effective 2024-03-13).
“On March 13, 2024, Intellinetics, Inc. (the “Company”) entered into an Amendment to all of its 12% Subordinated Promissory Notes, dated April 1, 2022 (the “Notes”) with certain accredited investors.”
Earnings Releases
INTELLINETICS, INC. reported the three months ended September 30, 2023 results: revenue $4,248,429, net income $209,331, EPS $0.05 per fully diluted share. Guidance reaffirmed.
“1,293,745 1,211,407 Software maintenance services 353,010 352,892 Professional services 2,333,090 2,007,613 Storage and retrieval services 259,162 269,325 Total revenues $ 4,248,429 $ 3,859,627 James F. DeSocio, President & CEO of Intellinetics, stated, “We delivered another quarter of double-digit revenue growth, bolstered by continued expansion of our SaaS”
Michael Taglich was appointed as director at INTELLINETICS, INC..
“the Board of Directors (the “Board”) of Intellinetics, Inc. (the “Company”) appointed Michael Taglich to serve as a director of Intellinetics, Inc.”
Earnings Releases
INTELLINETICS, INC. reported the three and six months ended June 30, 2023 results: revenue $4,258,430, net income $135,734, EPS $0.03. Guidance reaffirmed.
“1,277,918 1,158,456 Software maintenance services 349,139 343,881 Professional services 2,298,316 1,625,765 Storage and retrieval services 269,411 276,436 Total revenues $ 4,258,430 $ 3,415,643 James F. DeSocio, President & CEO of Intellinetics, stated, “This was another strong quarter for Intellinetics, with double-digit revenue growth, combined with lower”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-06-22 meeting.
“Proposal 4: Ratification of Appointment of Independent Registered Public Accounting Firm The appointment by the Audit Committee of GBQ Partners LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified, by the vote set forth below: For Against Abstain 1,787,007 559 0”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Advisory Vote on Executive Compensation (Say on Pay) at the 2023-06-22 meeting.
“Proposal 3: Advisory Vote on Executive Compensation (Say on Pay) An advisory vote on the compensation of our named executive officers. For Against Abstain Broker Non-Votes 1,597,344 74,924 6,850 108,448”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Approval of Non-Employee Director Compensation Plan at the 2023-06-22 meeting.
“Proposal 2: Approval of Non-Employee Director Compensation Plan The adoption and approval of the Intellinetics Inc. 2023 Non-Employee Director Compensation Plan. For Against Abstain Broker Non-Votes 1,500,142 121,822 57,154 108,448”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Election of Directors at the 2023-06-22 meeting.
“The following nominees were elected as directors, each to serve for a term of one year and until his or her successor is duly elected and qualified, by the vote set forth below: For Withheld Broker Non-Votes William M. Cooke 1,678,420 698 108,448 James F. DeSocio 1,678,481 637 108,448 Roger Kahn 1,652,943 26,175 108,448 John Guttilla 1,678,481 637 108,448 Stanley P. Jaworski, Jr. 1,655,241 23,877 108,448 Paul Seid 1,678,472 637 108,448”
Earnings Releases
INTELLINETICS, INC. reported the three months ended March 31, 2023 results: revenue $4,186,833, net income $112,563, EPS $0.03 per fully diluted share.
“Revenues for the three months ended March 31, 2023 were $4,186,833 as compared with $2,703,512 for the same period in 2022. The 55% increase was largely driven by our acquisition of Yellow Folder in April 2022 combined with strong organic professional services growth in our Document Conversion segment. In addition to our acquisition growth and professional services growth, our SaaS and software maintenance revenues continued to grow. Intellinetics reported net income of $112,563 for the three months ended March 31, 2023 compared to net loss of $20,126 for the same period in 2022, representing an improvement of $132,689. Basic and diluted net income per share for the three months ended March 31, 2023 was $0.03.”
Rye D'Orazio departed as Director at 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 departed as Director at INTELLINETICS, INC..
“Matthew L. Chretien will not stand for reelection as a director of the Company at the 2023 Annual Stockholder Meeting.”
Earnings Releases
INTELLINETICS, INC. reported the twelve months ended December 31, 2022 results: revenue $14,016,928, net income $24,027, EPS $0.01 per basic and diluted share. Guidance initiated.
“Revenues for the 12 months ended December 31, 2022 were $14,016,928 as compared with $11,460,265 for the same period in 2021. The increase was largely driven by the acquisition of Yellow Folder in April 2022 combined with organic growth. We reported net income of $24,027, or $0.01 per basic and diluted share, for the 12 months ended December 31, 2022”
Earnings Releases
INTELLINETICS, INC. reported the three months ended December 31, 2022 results: revenue $4,038,146, net income $200,784, EPS Basic and diluted net income per share for the three months ended December 31, 2022 was $0.05 and $0.04, respectively.. Guidance initiated.
“Revenues for the three months ended December 31, 2022 were $4,038,146 as compared with $2,744,038 for the same period in 2021. The increase was largely driven by our acquisition of Yellow Folder in April 2022 combined with organic growth. In addition to our acquisition growth, our SaaS and software maintenance revenues continued to grow. Intellinetics reported net income of $200,784 and $26,295 for the three months ended December 31, 2022 and 2021, respectively, representing an improvement of $174,489. The improvement in results was further enhanced by favorable comparison in earnout fair value operating expenses. Basic and diluted net income per share for the three months ended December 31, 2022 was $0.05 and $0.04, respectively.”
Sophie Pibouin resigned as director at INTELLINETICS, INC..
“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.”
Material Agreements
INTELLINETICS, INC. amended Amendment to all of its 12% Subordinated Promissory Notes with certain accredited investors valued at allow individual Note holders to elect to extend the Maturity Dates of their respective Notes from F (effective 2022-12-07).
“On December 7, 2022, Intellinetics, Inc. (the “Company”) entered into an Amendment to all of its 12% Subordinated Promissory Notes, dated March 2, 2020 (the “Notes”) with certain accredited investors. The Amendment allows individual Note holders to elect to extend the Maturity Dates of their respective Notes from February 28, 2023 to August 31, 2023.”
Material Agreements
INTELLINETICS, INC. amended Amendment to the Stock Purchase Agreement with Thomas M. Liebold, Gregory P. Colton, Fredrick M. Kamienny, and Frederick L. Erlich, collectively, the sellers valued at $700,000 (effective 2022-11-21).
“On November 21, 2022, Intellinetics, Inc. (the “Company”) entered into an Amendment to the Stock Purchase Agreement dated March 2, 2020, by and among the Company, as the buyer; Graphic Sciences, Inc., as the target; and Thomas M. Liebold, Gregory P. Colton, Fredrick M. Kamienny, and Frederick L. Erlich, collectively, the sellers. The Amendment accelerates the final earnout payment by the Company to the sellers to January 2, 2023, and it sets the amount of the final earnout payment at an aggregate of $700,000.”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2022-11-10 meeting.
“Proposal 3: Ratification of Appointment of Independent Registered Public Accounting Firm The appointment by the Audit Committee of GBQ Partners LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 was ratified, by the vote set forth below: For Against Abstain 2,471,684 50 2,973”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Approval of Bylaws Amendment to reduce the quorum requirement for holding and transacting business at meetings of our stockholders from holders of a majority, to holders of 35%, of our outstanding shares of common stock entitled to vote at such meetings at the 2022-11-10 meeting.
“Proposal 2: Approval of Bylaws Amendment A Bylaws Amendment to reduce the quorum requirement for holding and transacting business at meetings of our stockholders from holders of a majority, to holders of 35%, of our outstanding shares of common stock entitled to vote at such meetings: For Against Abstain Broker Non-Votes 2,354,669 53,455 4,673 61,910”
Shareholder Votes
INTELLINETICS, INC. shareholders approved Election of Directors at the 2022-11-10 meeting.
“Proposal 1 : Election of Directors The following nominees were elected as directors, each to serve for a term of one year and until his or her successor is duly elected and qualified, by the vote set forth below: For Withheld Broker Non-Votes James F. DeSocio 2,409,834 2,963 61,910 Matthew L. Chretien 2,409,834 2,963 61,910 Rye D’Orazio 2,409,834 2,963 61,910 William M. Cooke 2,405,794 7,003 61,910 Sophie Pibouin 2,406,287 6,510 61,910 Roger Kahn 2,406,294 6,503 61,910 John Guttilla 2,406,302 6,495 61,910”
John Guttilla was elected as Director at INTELLINETICS, INC..
“On November 10, 2022, the stockholders of Intellinetics, Inc., a Nevada corporation (the “Company”) elected John Guttilla, 66, as an additional Director”
Earnings Releases
INTELLINETICS, INC. reported the nine months ended September 30, 2022 results: revenue $10.0 million, net income net loss of $176,757, EPS $0.05 per diluted share.
“EBITDA increased 48% to $799,359, compared to $538,488 from the same period in 2021. Summary – 2022 Nine Month Results Revenues for the nine months ended September 30, 2022 were $10.0 million, up 14% compared to $8.7 million for the same period in 2021. The increase was largely driven by our acquisition of Yellow Folder in April 2022. Intellinetics reported a net loss”
Earnings Releases
INTELLINETICS, INC. reported the three months ended September 30, 2022 results: revenue $3.9 million, net income $217,536, EPS $0.05 per diluted share.
“grow revenues and Adjusted EBITDA on a year over year basis,” concluded DeSocio. Summary – 2022 Third Quarter Results Revenues for the three months ended September 30, 2022 were $3.9 million, an increase of 22% compared with $3.2 million for the same period in 2021. The increase was largely driven by our acquisition of Yellow Folder in April 2022. In addition to our”
William Cooke was appointed as Chair of the Board at INTELLINETICS, INC..
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.