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AI brief of an SEC Form 8-K · INTELLINETICS, INC. (INLX)

Intellinetics Q1 revenue falls 8% to $3.9 million; net loss widens to $1.2 million

Negative Impact 3 of 5 earnings Written later

Intellinetics reported first-quarter 2026 total revenue of $3.9 million, down 8.0% from a year earlier, as professional services revenue fell 14.3%. The net loss widened to $1.2 million, or $0.27 per share, from $0.7 million, or $0.17 per share, and included about $430,000 in non-recurring CEO transition costs. Management still expects double-digit year-over-year SaaS growth for fiscal 2026.

Key points

  • Total revenue was $3,909,182, down 8.0%; SaaS revenue rose 0.1% to $1.5 million
  • Net loss of $1,177,853 ($0.27 per share) compared with $727,565 ($0.17 per share) a year earlier
  • Adjusted EBITDA loss of $287,650 versus an Adjusted EBITDA profit of $76,589 in Q1 2025
  • Cash was approximately $2.1 million at March 31, 2026; management expects double-digit SaaS growth in 2026

The filing

CompanyINTELLINETICS, INC. (INLX)
Form8-K, current report
Filed with the SECMay 14, 2026, 4:00 PM ET
Accession number0001493152-26-023042

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.