Intellinetics, Inc.

Snapshot

Intellinetics is a small document-management software company whose revenue slipped 8% to $16.6M in FY 2025, with a net loss of $1.9M.

What's Happening Right Now

• Fri 18th Sep '26 · CEO transition: Matthew Chretien retired as CEO effective Sep 1, 2026 with Alison Forsythe taking over; the board finalized his separation agreement (three months' severance, ongoing consulting role) on Sep 15, 2026, and also renamed Joseph Spain as CFO, Secretary and Treasurer.
• Wed 12th Aug '26 · Earnings/liquidity: Q2 2026 revenue fell 1.6% to $3.9M with a net loss of $1.09M, cash dropped to $1.71M, the company reported a $1.3M working capital deficit, and operating cash flow turned negative for the six months, though management says it has a $1M credit line and about $8.2M left on its ATM program.
• Wed 12th Aug '26 · Earnings: Intellinetics reported Q2 2026 net loss of $1.1M (vs $0.6M a year earlier) as SaaS growth was offset by declining professional services revenue, though management reiterated expectations for double-digit SaaS growth in fiscal 2026.
• Wed 31st Dec '25 · ATM sale: Sold $1.80M of stock / $1.62M net / 146K shares through its at-the-market program, as stated for Jan 1, 2025 to Dec 31, 2025.
• Mon 30th Jun '25 · ATM sale: Sold $1.72M of stock / $1.55M net / 140K shares through its at-the-market program, as stated for Jan 1, 2025 to Jun 30, 2025.
• Tue 22nd Apr '25 · Registration: Registered $12.87M of securities for sale on Form S-3.