INUV on NYSE
Inuvo, Inc.
American advertising services company based in Little Rock.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Travelzoo, TNL Mediagene or Fluent, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue26¢$22.0M
- Other costs74¢$64.2M
- Income tax0¢$10.7K
Out of $86.2M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net revenue | $86.2M | $83.8M |
| Cost of revenue | $22.0M | $12.0M |
| Gross profit | $64.2M | $71.8M |
| Marketing costs | $51.9M | $59.7M |
| Compensation | $12.1M | $12.1M |
| General and administrative | $6.9M | $5.5M |
| Total operating expenses | $70.9M | $77.3M |
| Operating loss | -$6.7M | -$5.5M |
| Financing expense, net | -$259.9K | -$266.8K |
| Other income | $1.9M | $26.8K |
| Loss before taxes | -$5.1M | -$5.8M |
| Income tax expense | -$10.7K | -$8.0K |
| Net loss | -$5.1M | -$5.8M |
| Net loss | -$0 | -$0 |
| Basic | 14.5M shares | 14.0M shares |
| Diluted | 14.5M shares | 14.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $2.8M | $2.5M | $4.4M |
| Accounts receivable, net of allowance for credit losses of $98,954 and $144,625, respectively | $5.9M | $12.5M | $9.2M |
| Prepaid expenses and other current assets | $489.8K | $639.8K | |
| Total current assets | $9.2M | $15.6M | |
| Property and equipment, net | $1.6M | $1.8M | |
| Right of use assets - operating lease | $663.6K | $913.4K | |
| Right of use assets - finance lease | $0 | $18.2K | |
| Intangible assets, net of accumulated amortization | $3.4M | $3.9M | |
| Goodwill | $9.9M | $9.9M | |
| Other assets | $78.3K | $78.3K | |
| Total other assets | $14.0M | $14.8M | |
| Total assets | $24.9M | $32.2M | |
| Accounts payable | $7.1M | $8.4M | |
| Accrued expenses and other current liabilities | $3.6M | $9.2M | |
| Lease liability - operating leases | $294.1K | $259.9K | |
| Lease liability - finance lease | $0 | $18.2K | |
| Outstanding borrowings under Financing Agreement | $3.3M | $0 | |
| Total current liabilities | $14.3M | $17.9M | |
| Deferred tax liability | $108.0K | $97.3K | |
| Lease liability - operating lease | $443.9K | $738.0K | |
| Total long-term liabilities | $551.9K | $835.3K | |
| Preferred stock, $0.001 par value: Authorized shares - 500,000 - none issued and outstanding | $0 | $0 | |
| Common stock, $0.001 par value: Authorized shares 200,000,000; issued and outstanding shares 14,701,949 and 14,050,204 respectively; | $14.7K | $14.1K | |
| Additional paid-in capital | $188.3M | $186.7M | |
| Accumulated deficit | -$178.3M | -$173.2M | |
| Total stockholders' equity | $10.0M | $13.5M | $17.0M |
| Total liabilities and stockholders' equity | $24.9M | $32.2M | |
| Allowance for doubtful accounts | $99.0K | $144.6K | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 500.0K shares | 500.0K shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 14.7M shares | 14.1M shares | |
| Common stock, shares outstanding | 14.7M shares | 14.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $2.8M | $2.5M | $4.4M |
| Accounts receivable, net of allowance for credit losses of $98,954 and $144,625, respectively | $5.9M | $12.5M | $9.2M |
| Prepaid expenses and other current assets | $489.8K | $639.8K | |
| Total current assets | $9.2M | $15.6M | |
| Property and equipment, net | $1.6M | $1.8M | |
| Right of use assets - operating lease | $663.6K | $913.4K | |
| Right of use assets - finance lease | $0 | $18.2K | |
| Intangible assets, net of accumulated amortization | $3.4M | $3.9M | |
| Goodwill | $9.9M | $9.9M | |
| Other assets | $78.3K | $78.3K | |
| Total other assets | $14.0M | $14.8M | |
| Total assets | $24.9M | $32.2M | |
| Accounts payable | $7.1M | $8.4M | |
| Accrued expenses and other current liabilities | $3.6M | $9.2M | |
| Lease liability - operating leases | $294.1K | $259.9K | |
| Lease liability - finance lease | $0 | $18.2K | |
| Outstanding borrowings under Financing Agreement | $3.3M | $0 | |
| Total current liabilities | $14.3M | $17.9M | |
| Deferred tax liability | $108.0K | $97.3K | |
| Lease liability - operating lease | $443.9K | $738.0K | |
| Total long-term liabilities | $551.9K | $835.3K | |
| Preferred stock, $0.001 par value: Authorized shares - 500,000 - none issued and outstanding | $0 | $0 | |
| Common stock, $0.001 par value: Authorized shares 200,000,000; issued and outstanding shares 14,701,949 and 14,050,204 respectively; | $14.7K | $14.1K | |
| Additional paid-in capital | $188.3M | $186.7M | |
| Accumulated deficit | -$178.3M | -$173.2M | |
| Total stockholders' equity | $10.0M | $13.5M | $17.0M |
| Total liabilities and stockholders' equity | $24.9M | $32.2M | |
| Allowance for doubtful accounts | $99.0K | $144.6K | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 500.0K shares | 500.0K shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 14.7M shares | 14.1M shares | |
| Common stock, shares outstanding | 14.7M shares | 14.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$5.1M | -$5.8M |
| Depreciation and amortization | $2.2M | $2.5M |
| Amortization of right of use assets - financing | $18.2K | $54.4K |
| Amortization of right of use assets - operating lease | $249.8K | $227.6K |
| Stock based compensation | $1.1M | $1.5M |
| Amortization of financing fees | $0 | $20.0K |
| Impairment and amortization of referral and support services agreement advance | $0 | $800.0K |
| Adjustment to expected losses on accounts receivable | -$45.7K | -$1.4M |
| Deferred income tax expense | $10.7K | $8.0K |
| Derecognition of contingency and grant | $0 | -$35.0K |
| Accounts receivable | $6.7M | -$1.9M |
| Prepaid expenses, other current assets and other assets | $150.1K | $111.3K |
| Accounts payable | -$1.3M | $2.0M |
| Accrued expenses and other liabilities | -$5.6M | $2.3M |
| Lease liability - operating lease | -$259.9K | -$212.3K |
| Net cash provided by/(used in) operating activities | -$1.8M | $229.6K |
| Purchases of equipment and capitalized development costs | -$1.6M | -$1.9M |
| Net cash provided by/(used in) investing activities | -$1.6M | -$1.9M |
| Proceeds from at-the-market sales, net | $1.1M | $0 |
| Proceeds net of payments on Financing Agreement | $3.3M | $0 |
| Principal payments on finance lease obligations | -$18.2K | -$50.8K |
| Net taxes paid on restricted stock unit grants exercised | -$650.3K | -$302.6K |
| Net cash provided by/(used in) financing activities | $3.8M | -$353.4K |
| Net change - cash | $380.7K | -$2.0M |
| Interest paid | $482.4K | $338.0K |
| Acquisition of right of use asset for operating lease liability | $0 | $335.3K |
| Issuance of 3,287,537 restricted stock units to settle accrued incentive liability | $0 | $1.1M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Inuvo, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerRobert C. Buchner Feb 3, 2026 to now11
- Chief executive officerPeter A. Corrao Mar 5, 2012 to Sep 11, 201212
- Chief executive officerCharles D. Morgan Oct 6, 2010 to Oct 6, 201013
- Chief executive officerCharles L. Pope Oct 6, 2010 to Oct 6, 201014
- Chief executive officerMitchell Tuchman Oct 6, 2010 to Oct 6, 201015
- Chief executive officerStan Antonuk May 19, 2008 to Jul 1, 200816
- Chief executive officerRichard K. Howe Dec 16, 2008 to Oct 6, 201017
- Chief executive officerScott Mitchell Aug 8, 2006 to May 5, 200818
- ChairRichard K. Howe Mar 5, 2012 to now19
- PresidentDerric Ciccone Aug 19, 2026 to now20
- PresidentBarry Lowenthal May 24, 2023 to Aug 19, 202621
- PresidentPeter A. Corrao Mar 5, 2012 to Sep 11, 201212
- PresidentScott Mitchell May 21, 2007 to May 5, 200822
- PresidentR. Brady Whittingham Sep 13, 2007 to Feb 6, 200823
- Chief financial officerDerric Ciccone Aug 19, 2026 to now20
- Chief financial officerWallace D. Ruiz Jun 10, 2010 to Aug 19, 202624
- Chief financial officerGail L. Babitt Apr 6, 2009 to Dec 29, 200925
- Chief financial officerJody Clarence Brown Sep 24, 2007 to Jul 1, 200826
- Chief operating officerRobert C. Buchner Oct 1, 2025 to now27
- Chief operating officerDon Walker Barrett Iii. Feb 22, 2013 to Feb 19, 202128
- Chief operating officerStan Antonuk Jul 6, 2006 to Aug 27, 200729
Board members and other officers (28)
- Chief Accounting OfficerAleesha Parris Aug 19, 2026 to now30
- Chief Revenue OfficerAndrea Haldeman Jun 20, 2017 to Aug 24, 201831
- SVP/GM ALOTRobert D. Roe Mar 5, 2012 to Mar 5, 201232
- General CouncilVaughn W. Duff Aug 28, 2007 to Aug 28, 200733
- Chief Revenue OfficerStephen E. Lerch Dec 12, 2007 to Jul 2, 200834
- Chief Technology OfficerJohn Linden Jul 13, 2006 to Jul 22, 200835
- Board memberSanja Partalo Jul 6, 2026 to now36
- Board memberRobert C. Buchner Mar 11, 2025 to now37
- Board memberG. Kent Burnett Nov 3, 2016 to Jan 4, 202238
- Board memberGordon J. Cameron Nov 3, 2016 to now39
- Board memberF. William Conner Jun 30, 2014 to Apr 4, 201640
- Board memberPatrick Terrell Jan 17, 2013 to May 6, 202041
- Board memberJoseph P. Durrett Mar 5, 2012 to Apr 4, 201642
- Board memberPeter A. Corrao Mar 5, 2012 to Sep 11, 201212
- Board memberCharles L. Pope Jun 1, 2009 to Jul 3, 201843
- Board memberCharles D. Morgan Aug 6, 2009 to Jan 10, 202544
- Board memberMitchell Tuchman May 9, 2008 to Mar 5, 201245
- Board memberRichard K. Howe Dec 16, 2008 to now17
- Board memberScott Mitchell Apr 27, 2007 to May 5, 200846
- Board memberM. Alex White Sep 7, 2007 to Sep 7, 200747
- Board memberFrederick Pendleton Lyte Jan 6, 2006 to Aug 7, 200648
- Board memberDominic L. Ragosta Feb 8, 2006 to Feb 8, 200649
- Board memberGeorge Mellon Jul 6, 2006 to Aug 21, 200750
- Board memberJoshua Kestrel Metnick Jul 6, 2006 to Aug 10, 200951
- Board memberRobert T. Geras Jul 6, 2006 to Aug 7, 200652
- Board memberVincent J. Mesolella Aug 7, 2006 to Aug 7, 200653
- General counselJohn B. Pisaris Mar 5, 2012 to now54
- General counselVaughn W. Duff Sep 24, 2007 to Jul 1, 200855
Former names
Timeline
- Feb 3, 2026New chief executive Robert C. Buchner becomes CEO11
- Mar 5, 2012New chief executive Peter A. Corrao becomes CEO12
- Oct 6, 2010New chief executive Charles D. Morgan becomes CEO13
- Oct 6, 2010New chief executive Charles L. Pope becomes CEO14
- Oct 6, 2010New chief executive Mitchell Tuchman becomes CEO15
- Dec 16, 2008New chief executive Richard K. Howe becomes CEO17
- May 19, 2008New chief executive Stan Antonuk becomes CEO16
- Aug 8, 2006New chief executive Scott Mitchell becomes CEO18
Filings
249 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 70 major events, 118 insider forms, 5 large holders, 36 other. The latest 20:
- Oct 2, 20264 EDGAR
- Aug 19, 20264/A EDGAR
- Aug 19, 20264/A EDGAR
- Aug 19, 20264/A EDGAR
- Aug 19, 20264/A EDGAR
- Aug 19, 20264 EDGAR
- Aug 19, 20263 EDGAR
- Aug 19, 20263 EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 11, 20268-K EDGAR
- Aug 11, 202610-Q EDGAR
- Aug 7, 2026EFFECT EDGAR
- Aug 7, 2026424B3 EDGAR
- Jul 30, 2026S-3 EDGAR
- Jul 8, 20268-K EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20263 EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20264 EDGAR
The 249 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 5 such filings since October 2021:
- Aug 14, 2026SCHEDULE 13G
- Feb 23, 2024SC 13G/A
- Feb 8, 2023SC 13G/A
- Feb 14, 2022SC 13G
- Nov 22, 2021SC 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 32. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARInuvo, Inc. filings on SEC EDGAR
- 2SEC EDGARInuvo, Inc. filings on SEC EDGAR
- 3SEC EDGARInuvo, Inc. 10-K for fiscal 2025
- 4SEC EDGARInuvo, Inc. 10-K for fiscal 2019
- 5SEC EDGARInuvo, Inc. 10-K for fiscal 2020
- 6SEC EDGARInuvo, Inc. 10-K for fiscal 2021
- 7SEC EDGARInuvo, Inc. 10-K for fiscal 2022
- 8SEC EDGARInuvo, Inc. 10-K for fiscal 2023
- 9SEC EDGARInuvo, Inc. 10-Q for fiscal 2026
- 10SEC EDGARInuvo, Inc. 10-Q for fiscal 2026
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19SEC EDGARRichard K. Howe, Chair
- 20SEC EDGARDerric Ciccone, President
- 21SEC EDGARBarry Lowenthal, President
- 22SEC EDGARScott Mitchell, President
- 23SEC EDGARR. Brady Whittingham, President
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32SEC EDGARRobert D. Roe, SVP/GM ALOT
- 33SEC EDGARVaughn W. Duff, General Council
- 34
- 35
- 36SEC EDGARSanja Partalo, Board member
- 37SEC EDGARRobert C. Buchner, Board member
- 38SEC EDGARG. Kent Burnett, Board member
- 39SEC EDGARGordon J. Cameron, Board member
- 40SEC EDGARF. William Conner, Board member
- 41SEC EDGARPatrick Terrell, Board member
- 42SEC EDGARJoseph P. Durrett, Board member
- 43SEC EDGARCharles L. Pope, Board member
- 44SEC EDGARCharles D. Morgan, Board member
- 45SEC EDGARMitchell Tuchman, Board member
- 46SEC EDGARScott Mitchell, Board member
- 47SEC EDGARM. Alex White, Board member
- 48
- 49SEC EDGARDominic L. Ragosta, Board member
- 50SEC EDGARGeorge Mellon, Board member
- 51SEC EDGARJoshua Kestrel Metnick, Board member
- 52SEC EDGARRobert T. Geras, Board member
- 53SEC EDGARVincent J. Mesolella, Board member
- 54SEC EDGARJohn B. Pisaris, General counsel
- 55SEC EDGARVaughn W. Duff, General counsel