10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001445305-13-001255 |
| Period End Date | 20130331 |
| Filing Date | 20130509 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | inuv-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$214.98K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$231.54K | USD | Point-in-time |
| Cash |
Cash
|
$3.49M | USD | Point-in-time |
| Cash |
Cash
|
$3.23M | USD | Point-in-time |
| Cash |
Cash
|
$4.41K | USD | Point-in-time |
| Cash |
Cash
|
$3.38M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$301.16K | USD | Point-in-time |
| Preferred stock par value (usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock par value (usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
500,000.00 | shares | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $214,978 and $231,542, respectively |
AccountsReceivableNetCurrent
|
$5.40M | USD | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
500,000.00 | shares | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $214,978 and $231,542, respectively |
AccountsReceivableNetCurrent
|
$5.35M | USD | Point-in-time |
| Unbilled revenue |
UnbilledContractsReceivable
|
$58.22K | USD | Point-in-time |
| Preferred stock shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Unbilled revenue |
UnbilledContractsReceivable
|
$36.18K | USD | Point-in-time |
| Preferred stock shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Intangible assets - current, net of accumulated amortization |
IntangibleAssetsCurrentPortionNetOfAccumulatedAmortization
|
- | USD | Point-in-time |
| Preferred stock shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Intangible assets - current, net of accumulated amortization |
IntangibleAssetsCurrentPortionNetOfAccumulatedAmortization
|
$328.67K | USD | Point-in-time |
| Common stock, par value (usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseCurrent
|
$503.50K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseCurrent
|
$467.96K | USD | Point-in-time |
| Common stock, par value (usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$9.11M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$9.94M | USD | Point-in-time |
| Common stock shares authorized (in shares) |
CommonStockSharesAuthorized
|
40.00M | shares | Point-in-time |
| Common stock shares authorized (in shares) |
CommonStockSharesAuthorized
|
40.00M | shares | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
23.67M | shares | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.11M | USD | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
23.59M | shares | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.96M | USD | Point-in-time |
| Common stock shares Outstanding (in shares) |
CommonStockSharesOutstanding
|
23.21M | shares | Point-in-time |
| Common stock shares Outstanding (in shares) |
CommonStockSharesOutstanding
|
23.29M | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
376,527.00 | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
376,527.00 | shares | Point-in-time |
| Goodwill |
Goodwill
|
$5.76M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$5.76M | USD | Point-in-time |
| Intangible assets, net of accumulated amortization |
IntangibleAssetsNetExcludingGoodwill
|
$10.92M | USD | Point-in-time |
| Intangible assets, net of accumulated amortization |
IntangibleAssetsNetExcludingGoodwill
|
$11.14M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$444.53K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$182.39K | USD | Point-in-time |
| Total other assets |
AssetsNoncurrent
|
$17.13M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrent
|
$17.08M | USD | Point-in-time |
| Total assets |
Assets
|
$28.19M | USD | Point-in-time |
| Total assets |
Assets
|
$29.13M | USD | Point-in-time |
| Term and credit notes payable - current portion |
LongTermDebtCurrent
|
$1.33M | USD | Point-in-time |
| Term and credit notes payable - current portion |
LongTermDebtCurrent
|
$1.33M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.20M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$8.71M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$3.11M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$1.87M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$13.16M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$13.40M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilities
|
$4.02M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilities
|
$4.10M | USD | Point-in-time |
| Term and credit notes payable - long term |
LongTermDebtNoncurrent
|
$5.56M | USD | Point-in-time |
| Term and credit notes payable - long term |
LongTermDebtNoncurrent
|
$6.49M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$1.38M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$932.38K | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$11.52M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$10.95M | USD | Point-in-time |
| Preferred stock, $.001 par value; 500,000 authorized shares, none issued and outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $.001 par value; 500,000 authorized shares, none issued and outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $.001 par value; 40,000,000 authorized shares, issued shares of 23,665,745 and 23,586,186, respectively Outstanding shares - 23,289,218 and 23,209,659, respectively |
CommonStockValue
|
$23.59K | USD | Point-in-time |
| Common stock, $.001 par value; 40,000,000 authorized shares, issued shares of 23,665,745 and 23,586,186, respectively Outstanding shares - 23,289,218 and 23,209,659, respectively |
CommonStockValue
|
$23.67K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$127.42M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$127.25M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-121.96M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-121.67M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncome
|
$421.00 | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncome
|
$418.00 | USD | Point-in-time |
| Treasury stock, at cost - 376,527 shares |
TreasuryStockValue
|
$1.40M | USD | Point-in-time |
| Treasury stock, at cost - 376,527 shares |
TreasuryStockValue
|
$1.40M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$4.21M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$4.09M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$28.19M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$29.13M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenue |
SalesRevenueNet
|
$15.92M | USD | 1 Quarter |
| Net revenue |
SalesRevenueNet
|
$8.77M | USD | 1 Quarter |
| Affiliate expenses |
AffiliateExpenses
|
$6.85M | USD | 1 Quarter |
| Affiliate expenses |
AffiliateExpenses
|
$4.51M | USD | 1 Quarter |
| Data acquisition |
DataAcquisition
|
$767.58K | USD | 1 Quarter |
| Data acquisition |
DataAcquisition
|
$427.65K | USD | 1 Quarter |
| Merchant processing fees and product costs |
MerchantProcessingFeesAndProductCosts
|
$74.47K | USD | 1 Quarter |
| Merchant processing fees and product costs |
MerchantProcessingFeesAndProductCosts
|
$205.72K | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$7.48M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$5.35M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$8.44M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.42M | USD | 1 Quarter |
| Search costs |
SearchCosts
|
$1.84M | USD | 1 Quarter |
| Search costs |
SearchCosts
|
$4.69M | USD | 1 Quarter |
| Compensation |
SalariesAndWages
|
$1.30M | USD | 1 Quarter |
| Compensation |
SalariesAndWages
|
$1.99M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$1.99M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.14M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$8.83M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$5.13M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-1.71M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-392.13K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$106.67K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$166.70K | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-106.67K | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-166.70K | USD | 1 Quarter |
| Loss from continuing operations before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-1.87M | USD | 1 Quarter |
| Loss from continuing operations before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-498.80K | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-83.00K | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Net loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-1.87M | USD | 1 Quarter |
| Net loss from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-415.80K | USD | 1 Quarter |
| Net income (loss) from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-1.71K | USD | 1 Quarter |
| Net income (loss) from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$125.09K | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-290.71K | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-1.87M | USD | 1 Quarter |
| Foreign currency revaluation |
ForeignCurrencyRevaluation
|
$-3.00 | USD | 1 Quarter |
| Foreign currency revaluation |
ForeignCurrencyRevaluation
|
$-5.16K | USD | 1 Quarter |
| Total comprehensive loss |
TotalComprehensiveLoss
|
$1.87M | USD | 1 Quarter |
| Total comprehensive loss |
TotalComprehensiveLoss
|
$290.71K | USD | 1 Quarter |
| Net loss from continuing operations (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.02 | USD | 1 Quarter |
| Net loss from continuing operations (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.13 | USD | 1 Quarter |
| Net loss (income) from discontinued operations (in usd per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$0.01 | USD | 1 Quarter |
| Net loss (income) from discontinued operations (in usd per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
- | USD | 1 Quarter |
| Net loss (in usd per share) |
EarningsPerShareBasic
|
$-0.13 | USD | 1 Quarter |
| Net loss (in usd per share) |
EarningsPerShareBasic
|
$-0.01 | USD | 1 Quarter |
| Weighted average shares (basic and diluted) (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
14.43M | shares | 1 Quarter |
| Weighted average shares (basic and diluted) (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.25M | shares | 1 Quarter |
Cash Flow Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-290.71K | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-1.87M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.25M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.29M | USD | 1 Quarter |
| Grant funds received for relocation costs |
RelocationCostsGrantFundsReceived
|
$1.14M | USD | 1 Quarter |
| Grant funds received for relocation costs |
RelocationCostsGrantFundsReceived
|
- | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$195.42K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$189.99K | USD | 1 Quarter |
| Deferred income taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
- | USD | 1 Quarter |
| Deferred income taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$83.00K | USD | 1 Quarter |
| Corporate headquarters relocation costs |
RelocationCostsCorporateHeadquarters
|
$-1.18M | USD | 1 Quarter |
| Corporate headquarters relocation costs |
RelocationCostsCorporateHeadquarters
|
- | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-17.42K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.03M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.31M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidExpense
|
$-215.62K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidExpense
|
$-55.88K | USD | 1 Quarter |
| Accounts receivable and unbilled revenue |
IncreaseDecreaseInAccountsReceivable
|
$-75.78K | USD | 1 Quarter |
| Accounts receivable and unbilled revenue |
IncreaseDecreaseInAccountsReceivable
|
$-2.22M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$141.16K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-1.53M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$21.44K | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$176.00 | USD | 1 Quarter |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$874.96K | USD | 1 Quarter |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$653.39K | USD | 1 Quarter |
| Net cash used in operating activities of discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-60.00K | USD | 1 Quarter |
| Net cash used in operating activities of discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$814.96K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$653.39K | USD | 1 Quarter |
| Purchases of equipment and capitalized development costs |
PaymentsToAcquireProductiveAssets
|
$131.81K | USD | 1 Quarter |
| Purchases of equipment and capitalized development costs |
PaymentsToAcquireProductiveAssets
|
$517.13K | USD | 1 Quarter |
| Grant funds received for equipment and office construction |
ProceedsFromGrantFundsReceivedEquipmentAndOfficeConstruction
|
- | USD | 1 Quarter |
| Grant funds received for equipment and office construction |
ProceedsFromGrantFundsReceivedEquipmentAndOfficeConstruction
|
$319.91K | USD | 1 Quarter |
| Acquisition of Vertro, Inc., net of stock issuance costs |
NetCashReceivedFromMergerWithVertroIncNetOfMergerCosts
|
$2.44M | USD | 1 Quarter |
| Acquisition of Vertro, Inc., net of stock issuance costs |
NetCashReceivedFromMergerWithVertroIncNetOfMergerCosts
|
- | USD | 1 Quarter |
| Purchase of names database and bundled downloads |
PaymentsToAcquireIntangibleAssets
|
- | USD | 1 Quarter |
| Purchase of names database and bundled downloads |
PaymentsToAcquireIntangibleAssets
|
$707.40K | USD | 1 Quarter |
| Net cash (used in) provided by in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-197.22K | USD | 1 Quarter |
| Net cash (used in) provided by in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.60M | USD | 1 Quarter |
| Payments on revolving line of credit |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-3.46M | USD | 1 Quarter |
| Payments on revolving line of credit |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-2.00M | USD | 1 Quarter |
| Payments on term note payable and capital leases |
PaymentsOnTermNotePayableAndCapitalLeases
|
- | USD | 1 Quarter |
| Payments on term note payable and capital leases |
PaymentsOnTermNotePayableAndCapitalLeases
|
$-348.92K | USD | 1 Quarter |
| Proceeds from term note |
ProceedsFromTermNote
|
$5.00M | USD | 1 Quarter |
| Proceeds from term note |
ProceedsFromTermNote
|
- | USD | 1 Quarter |
| Prepaid financing fees and other |
PaymentsOfFinancingCosts
|
$-36.34K | USD | 1 Quarter |
| Prepaid financing fees and other |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Deposit to collateralize letter of credit |
Deposittocollateralizeletterofcredit
|
$475.00K | USD | 1 Quarter |
| Deposit to collateralize letter of credit |
Deposittocollateralizeletterofcredit
|
$-301.16K | USD | 1 Quarter |
| Proceeds from revolving line of credit |
AdvancesFromCreditNotePayable
|
- | USD | 1 Quarter |
| Proceeds from revolving line of credit |
AdvancesFromCreditNotePayable
|
$1.40M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.07M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-611.42K | USD | 1 Quarter |
| Effect of exchange rate changes |
Accumulatedothercomprehensiveincome
|
$5.16K | USD | 1 Quarter |
| Effect of exchange rate changes |
Accumulatedothercomprehensiveincome
|
$3.00 | USD | 1 Quarter |
| Net change cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-155.24K | USD | 1 Quarter |
| Net change cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.49M | USD | 1 Quarter |
| Cash, beginning of period |
Cash
|
$3.49M | USD | Point-in-time |
| Cash, beginning of period |
Cash
|
$3.23M | USD | Point-in-time |
| Cash, beginning of period |
Cash
|
$4.41K | USD | Point-in-time |
| Cash, beginning of period |
Cash
|
$3.38M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$3.49M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$3.23M | USD | Point-in-time |
| Cash, end of period |
Cash
|
$4.41K | USD | Point-in-time |
| Cash, end of period |
Cash
|
$3.38M | USD | Point-in-time |
| Interest paid |
InterestPaid
|
$88.16K | USD | 1 Quarter |
| Interest paid |
InterestPaid
|
$66.39K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.