Intellinetics, Inc. Files Q3 2024 10-Q Report

TL;DR

Intellinetics 10-Q filed: Q3 2024 results out. Check financials.

AI Summary

Intellinetics, Inc. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as Globalwise Investments Inc., is based in Columbus, Ohio, and operates in the prepackaged software industry. Key financial data and operational details for the third quarter and the year-to-date period are presented in this filing.

Why It Matters

This filing provides investors and analysts with the latest financial performance and operational status of Intellinetics, Inc., crucial for understanding the company's trajectory in the software sector.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks highlighted.

Key Numbers

• 2024-09-30 — Reporting Period End Date (The end of the third quarter for which financial results are reported.)
• 2024-11-13 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
• 2024-01-01 — Year-to-Date Start Date (Beginning of the fiscal year for year-to-date financial comparisons.)
• 2023-09-30 — Prior Year Q3 End Date (End of the third quarter of the previous fiscal year for comparative analysis.)

Key Players & Entities

• INTELLINETICS, INC. (company) — Filer
• GLOBALWISE INVESTMENTS INC (company) — Former Company Name
• 20240930 (date) — Reporting Period End Date
• 20241113 (date) — Filing Date
• 7372 (number) — Standard Industrial Classification Code for Services-Prepackaged Software

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value INLX NYSE American Indi

Filing Documents

• form10-q.htm (10-Q) — 978KB
• ex31-1.htm (EX-31.1) — 10KB
• ex31-2.htm (EX-31.2) — 9KB
• ex32-1.htm (EX-32.1) — 5KB
• ex32-2.htm (EX-32.2) — 5KB
• 0001493152-24-045106.txt ( ) — 5600KB
• inlx-20240930.xsd (EX-101.SCH) — 39KB
• inlx-20240930_cal.xml (EX-101.CAL) — 59KB
• inlx-20240930_def.xml (EX-101.DEF) — 188KB
• inlx-20240930_lab.xml (EX-101.LAB) — 335KB
• inlx-20240930_pre.xml (EX-101.PRE) — 281KB
• form10-q_htm.xml (XML) — 935KB

Financial Statements

Financial Statements. 4 Condensed Consolidated Balance Sheets as of September 30, 2024 (Unaudited) and December 31, 2023 4 Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024 and 2023 (Unaudited) 5 Condensed Consolidated Statement of Stockholders' Equity for the three and nine months ended September 30, 2024 and 2023 (Unaudited) 6 Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2024 and 2023 (Unaudited) 7 Notes to Condensed Consolidated Financial Statements (Unaudited) 8 ITEM 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations. 22 ITEM 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk. 32 ITEM 4.

Controls and Procedures

Controls and Procedures. 32 PART II OTHER INFORMATION 33 ITEM 1. Legal Proceedings. 33 ITEM 1A. Risk Factors. 33 ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds. 33 ITEM 3. Defaults Upon Senior Securities. 33 ITEM 4. Mine Safety Disclosures. 33 ITEM 5. Other Information. 33 ITEM 6. Exhibits. 33

SIGNATURES

SIGNATURES 34 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q and the documents incorporated into this report by reference contain forward-looking statements. In addition, from time to time we may make additional forward-looking statements in presentations, at conferences, in press releases, in other reports and filings and otherwise. Forward-looking statements are all statements other than statements of historical facts, including statements that refer to plans, intentions, objectives, goals, targets, strategies, hopes, beliefs, projections, prospects, expectations or other characterizations of future events or performance, and assumptions underlying the foregoing. The words "may," "could," "should," "would," "will," "project," "intend," "continue," "believe," "anticipate," "estimate," "forecast," "expect," "plan," "potential," "opportunity," "scheduled," "goal," "target," and "future," variations of such words, and other comparable terminology and similar expressions and references to future periods are often, but not always, used to identify forward-looking statements. Examples of forward-looking statements include, among other things, statements about the following: the effects on our business, financial condition, and results of operations of current and future economic, business, market and regulatory conditions, including the current global inflation, economic downturn, and other economic and market conditions, and their effects on our customers and their capital spending and ability to finance purchases of our products, services, technologies and systems; our prospects, including our future business, revenues, recurring revenues, expenses, net income, earnings per share, margins, profitability, cash flow, cash position, liquidity, financial condition and results of operations, backlog of orders and revenue, our targeted growth rate, our goals for future revenues and earnings, and our expectations about realiz

View Full Filing

View this 10-Q filing on SEC EDGAR