INTELLINETICS, INC. — Form 8-K
Filed August 12, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 68/100
What the filing says
Intellinetics reported Q2 2026 total revenue of $3.95M (down 1.6% YoY), with SaaS revenue at $1.64M (up 4.2% YoY) but professional services down 5.8%. Net loss widened to $1.1M (−$0.24/share) from $0.6M (−$0.13/share) YoY; Adjusted EBITDA swung to −$371K loss from +$28K profit. Six-month results showed $7.86M revenue (down 4.9% YoY), net loss of $2.26M (−$0.51/share) vs. $1.3M (−$0.31/share), with $430K in nonrecurring CEO transition costs. Cash position weakened to $1.71M from $2.53M at year-end 2025. New CEO Alison Forsythe projects double-digit SaaS growth for full-year 2026.
Why this rating
Loss expansion 91% and Adjusted EBITDA swing from +$28K to −$371K materially worse than prior year. At ~$35.5M market cap, $2.3M six-month net loss is significant. Cash burn accelerating. SaaS growth only 4.2% well below promised double-digit; professional services collapsing. Weakening position relative to company size, though forward guidance attempts stabilization.
See more from August 12, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.