$INUV
Inuvo, Inc.

2013 Q4 Form 10-Q Financial Statement

#000082932313000007 Filed on October 31, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $11.43M $14.51M $15.48M
YoY Change -29.62% -6.28% 88.8%
Cost Of Revenue $6.160M $8.183M $6.745M
YoY Change -17.32% 21.32% 45.37%
Gross Profit $5.270M $6.326M $8.736M
YoY Change -40.11% -27.59% 144.72%
Gross Profit Margin 46.11% 43.6% 56.43%
Selling, General & Admin $5.560M $1.361M $2.394M
YoY Change -43.55% -43.16% -50.13%
% of Gross Profit 105.5% 21.51% 27.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $500.0K $409.7K $694.1K
YoY Change -64.03% -40.98% -33.26%
% of Gross Profit 9.49% 6.48% 7.95%
Operating Expenses $5.560M $5.713M $9.860M
YoY Change -43.55% -42.06% 105.42%
Operating Profit -$290.0K $613.0K -$1.124M
YoY Change -72.38% -154.55% -8.64%
Interest Expense -$90.00K $98.45K $127.4K
YoY Change -43.75% -22.71% -354.76%
% of Operating Profit 16.06%
Other Income/Expense, Net -$98.45K -$202.4K
YoY Change -51.35%
Pretax Income -$380.0K $514.5K -$1.326M
YoY Change -68.85% -138.8% -3.2%
Income Tax -$80.00K -$75.70K $8.690K
% Of Pretax Income -14.71%
Net Earnings -$250.0K $639.8K -$1.321M
YoY Change -70.93% -148.44% -3.6%
Net Earnings / Revenue -2.19% 4.41% -8.53%
Basic Earnings Per Share $0.03
Diluted Earnings Per Share -$10.73K $27.29K -$56.17K
COMMON SHARES
Basic Shares Outstanding 23.29M shares 23.29M shares 23.50M shares
Diluted Shares Outstanding 23.45M shares 23.50M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.100M $3.600M $3.200M
YoY Change -8.82% 12.5% 166.67%
Cash & Equivalents $3.137M $3.636M
Short-Term Investments
Other Short-Term Assets $500.0K $700.0K $1.700M
YoY Change -54.55% -58.82% 112.5%
Inventory
Prepaid Expenses $511.0K $695.2K
Receivables $3.610M $4.334M $6.600M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.282M $8.679M $11.50M
YoY Change -26.72% -24.53% 134.69%
LONG-TERM ASSETS
Property, Plant & Equipment $1.189M $1.303M $2.700M
YoY Change -43.69% -51.73% 42.11%
Goodwill $5.761M $5.761M
YoY Change 0.0%
Intangibles $10.32M $10.52M
YoY Change -7.31%
Long-Term Investments
YoY Change
Other Assets $379.5K $454.7K $200.0K
YoY Change 108.08% 127.35%
Total Long-Term Assets $16.46M $16.74M $20.20M
YoY Change -3.61% -17.14% 155.7%
TOTAL ASSETS
Total Short-Term Assets $7.282M $8.679M $11.50M
Total Long-Term Assets $16.46M $16.74M $20.20M
Total Assets $24.94M $26.72M $31.70M
YoY Change -14.4% -15.71% 147.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.236M $7.325M $9.700M
YoY Change -38.85% -24.48% 136.59%
Accrued Expenses $2.386M $2.529M $3.300M
YoY Change 27.42% -23.37% 175.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.548M $1.333M $1.400M
YoY Change 91.13% -4.76% 75.0%
Total Short-Term Liabilities $11.17M $11.19M $14.60M
YoY Change -16.66% -23.37% 105.63%
LONG-TERM LIABILITIES
Long-Term Debt $3.595M $5.064M $6.600M
YoY Change -44.59% -23.27% 186.96%
Other Long-Term Liabilities $1.039M $1.144M $900.0K
YoY Change 11.49% 27.1% 200.0%
Total Long-Term Liabilities $8.424M $10.07M $7.500M
YoY Change -26.88% 34.3% 188.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.17M $11.19M $14.60M
Total Long-Term Liabilities $8.424M $10.07M $7.500M
Total Liabilities $19.59M $21.26M $26.60M
YoY Change -21.38% -20.08% 174.23%
SHAREHOLDERS EQUITY
Retained Earnings -$121.2M -$120.9M
YoY Change -0.39%
Common Stock $23.76K $23.67K
YoY Change 0.75%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.397M $1.397M
YoY Change 0.0%
Treasury Stock Shares 376.5K shares 376.5K shares
Shareholders Equity $5.342M $5.461M $5.100M
YoY Change
Total Liabilities & Shareholders Equity $24.94M $26.72M $31.70M
YoY Change -14.4% -15.71% 147.66%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$250.0K $639.8K -$1.321M
YoY Change -70.93% -148.44% -3.6%
Depreciation, Depletion And Amortization $500.0K $409.7K $694.1K
YoY Change -64.03% -40.98% -33.26%
Cash From Operating Activities -$80.00K $1.230M $670.0K
YoY Change -112.9% 83.58% 103.03%
INVESTING ACTIVITIES
Capital Expenditures $200.0K -$200.0K -$920.0K
YoY Change -186.96% -78.26% 17.95%
Acquisitions
YoY Change
Other Investing Activities -$360.0K $0.00 $50.00K
YoY Change 800.0% -100.0%
Cash From Investing Activities -$160.0K -$200.0K -$860.0K
YoY Change -42.86% -76.74% 10.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -260.0K -550.0K 110.0K
YoY Change 52.94% -600.0% -136.67%
NET CHANGE
Cash From Operating Activities -80.00K 1.230M 670.0K
Cash From Investing Activities -160.0K -200.0K -860.0K
Cash From Financing Activities -260.0K -550.0K 110.0K
Net Change In Cash -500.0K 480.0K -80.00K
YoY Change -394.12% -700.0% -89.33%
FREE CASH FLOW
Cash From Operating Activities -$80.00K $1.230M $670.0K
Capital Expenditures $200.0K -$200.0K -$920.0K
Free Cash Flow -$280.0K $1.430M $1.590M
YoY Change -132.94% -10.06% 43.24%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3196051 USD
CY2013Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
2.47
CY2013Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
765000 shares
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
-37600 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10196930 USD
CY2013Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
7325331 USD
CY2012Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
2093845 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5400290 USD
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4333949 USD
CY2013Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
197485 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
123054 USD
CY2012Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
506453 USD
CY2013Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
506453 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1872722 USD
CY2013Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2528932 USD
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9192279 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9151135 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
127249789 USD
CY2013Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
127773948 USD
CY2013Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
186660 USD
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
231542 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
27083 USD
CY2012Q4 us-gaap Assets
Assets
29129603 USD
CY2013Q3 us-gaap Assets
Assets
26720778 USD
CY2013Q3 us-gaap Assets Current
AssetsCurrent
8679161 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
9937307 USD
CY2013Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
16738338 USD
CY2012Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
17081525 USD
CY2012Q1 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
12393308 shares
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-8369820 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
40907356 USD
CY2013Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
32534 USD
CY2012Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
44287 USD
CY2012Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
47372 USD
CY2013Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
25290 USD
CY2013Q3 us-gaap Cash
Cash
3635871 USD
CY2012Q4 us-gaap Cash
Cash
3381018 USD
CY2011Q4 us-gaap Cash
Cash
4413 USD
CY2012Q3 us-gaap Cash
Cash
3200464 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
254853 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23667995 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23586186 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23209659 shares
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23291468 shares
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
23668 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
23586 USD
us-gaap Cost Of Revenue
CostOfRevenue
18190120 USD
CY2012Q3 us-gaap Cost Of Revenue
CostOfRevenue
6745028 USD
us-gaap Cost Of Revenue
CostOfRevenue
22628243 USD
CY2013Q3 us-gaap Cost Of Revenue
CostOfRevenue
8183064 USD
CY2012Q4 us-gaap Customer Deposits Noncurrent
CustomerDepositsNoncurrent
32738 USD
CY2013Q3 us-gaap Customer Deposits Noncurrent
CustomerDepositsNoncurrent
32738 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-234400 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2013Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
129000 USD
CY2012Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
345814 USD
CY2013Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
20000000 USD
CY2013Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3864600 USD
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4099000 USD
CY2012Q3 us-gaap Depreciation
Depreciation
694143 USD
us-gaap Depreciation
Depreciation
1619719 USD
CY2013Q3 us-gaap Depreciation
Depreciation
409685 USD
us-gaap Depreciation
Depreciation
1829715 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2563887 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5933754 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.30
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-505 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-418 USD
CY2013Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
223642 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
522082 USD
CY2013Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
575887 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P5M23D
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
6918310 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
198501 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
634004 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
794004 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
794004 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
794004 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10132827 USD
CY2013Q3 us-gaap Goodwill
Goodwill
5760808 USD
CY2012Q4 us-gaap Goodwill
Goodwill
5760808 USD
CY2012Q1 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
3984264 USD
CY2013Q3 us-gaap Goodwill Gross
GoodwillGross
5760808 USD
CY2013Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
8736397 USD
us-gaap Gross Profit
GrossProfit
20931014 USD
us-gaap Gross Profit
GrossProfit
18932438 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
6325986 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
35006 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5945400 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
514499 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1326114 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
272952 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1334804 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-6016067 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
590198 USD
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.01
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.06
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.29
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
457709 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-142821 USD
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
14121 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
49601 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.02
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.01
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8690 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70667 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-75699 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-237946 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1002159 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
240943 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-158232 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2500619 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-881013 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1155254 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2827 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1010 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-266338 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
216538 USD
CY2013Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
7484 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
324 shares
CY2012Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill Fair Value Disclosure
IndefiniteLivedIntangibleAssetsExcludingGoodwillFairValueDisclosure
11857537 USD
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10522827 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11138330 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
127379 USD
us-gaap Interest Expense
InterestExpense
398801 USD
us-gaap Interest Expense
InterestExpense
271448 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
98451 USD
us-gaap Interest Paid
InterestPaid
253767 USD
us-gaap Interest Paid
InterestPaid
238501 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26720778 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29129603 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
13402985 USD
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
11187596 USD
CY2012Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
3753613 USD
CY2013Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10072346 USD
CY2012Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
11520266 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
75000 USD
CY2012Q3 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
75000 USD
CY2013Q3 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
0 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
0 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
7822222 USD
CY2013Q3 us-gaap Long Term Debt
LongTermDebt
6397222 USD
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1333333 USD
CY2013Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1333333 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2873822 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
878466 USD
CY2013Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5063889 USD
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6488889 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1120077 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4083477 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-517654 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1254366 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1893002 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
367445 USD
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-202379 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-271448 USD
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-98451 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-473801 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 operating_segment
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
9860132 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
5713036 USD
us-gaap Operating Expenses
OperatingExpenses
20624560 USD
us-gaap Operating Expenses
OperatingExpenses
24404037 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1123735 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-5471599 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
612950 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
306454 USD
CY2013Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1266508 USD
CY2013Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
135291 USD
CY2013Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
45749 USD
CY2013Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
547967 USD
CY2013Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
537501 USD
CY2012Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
317438 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
924169 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
222888 USD
CY2013Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
15405 USD
CY2013Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
785087 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
935716 USD
CY2012Q1 us-gaap Other Assets Current
OtherAssetsCurrent
520342 USD
CY2012Q1 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
283911 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
182387 USD
CY2013Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
454703 USD
CY2013Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1143857 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
932377 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
851299 USD
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2013Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
467957 USD
CY2013Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
695153 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:48px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to historical periods to conform to current classification. These reclassifications had no effect on total stockholders' equity or net loss.</font></div></div>
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
4775000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
-1320683 USD
us-gaap Profit Loss
ProfitLoss
730661 USD
us-gaap Profit Loss
ProfitLoss
-6158888 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
639799 USD
CY2012Q1 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
2059729 USD
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10495558 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11261906 USD
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1303279 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2110771 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
77245 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-44882 USD
CY2013Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
301158 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-120940221 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-121670882 USD
us-gaap Salaries And Wages
SalariesAndWages
4727936 USD
us-gaap Salaries And Wages
SalariesAndWages
4518618 USD
CY2012Q3 us-gaap Salaries And Wages
SalariesAndWages
1634063 USD
CY2013Q3 us-gaap Salaries And Wages
SalariesAndWages
1412842 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
14509050 USD
us-gaap Sales Revenue Net
SalesRevenueNet
37122558 USD
us-gaap Sales Revenue Net
SalesRevenueNet
43559257 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
15481425 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2393826 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5270986 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1360610 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6787183 USD
us-gaap Share Based Compensation
ShareBasedCompensation
632477 USD
us-gaap Share Based Compensation
ShareBasedCompensation
539766 USD
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
245614 USD
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
239353 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
4535945 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2725345 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
292746 shares
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
4206352 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
5460836 USD
CY2013Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
376527 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
376527 shares
CY2013Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1396559 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1396559 USD
CY2012Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
58219 USD
CY2013Q3 us-gaap Share Price
SharePrice
0.87
CY2013Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
14188 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements, in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"), requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, net revenues and expenses and disclosure of contingent assets and liabilities. The estimates and assumptions used in the accompanying consolidated financial statements are based upon management&#8217;s regular evaluation of the relevant facts and circumstances as of the date of the consolidated financial statements. We regularly evaluate estimates and assumptions related to allowances for returns and redemptions, allowances for doubtful accounts, goodwill and purchased intangible asset valuations, lives of intangible assets, deferred income tax asset valuation allowances, contingent liabilities, stock compensation and the value of stock-based compensation. In addition, we used significant assumptions in our valuation of the assets and liabilities acquired with the acquisition of Vertro. Actual results may differ from the estimates and assumptions used in preparing the accompanying consolidated financial statements, and such differences could be material.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23329551 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23497123 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20524853 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23447301 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23497123 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20524853 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23278003 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23291468 shares
CY2012Q1 inuv Accrued Expenses
AccruedExpenses
2782361 USD
CY2012Q4 inuv Accrued Grant Current
AccruedGrantCurrent
0 USD
CY2013Q3 inuv Accrued Grant Current
AccruedGrantCurrent
242225 USD
CY2013Q3 inuv Accrued Grant Noncurrent
AccruedGrantNoncurrent
450376 USD
CY2012Q4 inuv Accrued Grant Noncurrent
AccruedGrantNoncurrent
0 USD
CY2012Q4 inuv Accrued Search Costs
AccruedSearchCosts
247583 USD
CY2013Q3 inuv Accrued Search Costs
AccruedSearchCosts
1047959 USD
CY2012Q4 inuv Accumulated Other Comprehensive Income
AccumulatedOtherComprehensiveIncome
418 USD
CY2013Q3 inuv Accumulated Other Comprehensive Income
AccumulatedOtherComprehensiveIncome
0 USD
inuv Advances From Credit Note Payable
AdvancesFromCreditNotePayable
3808742 USD
inuv Advances From Credit Note Payable
AdvancesFromCreditNotePayable
-5200000 USD
inuv Amortization Of Intangible Assets Relating To Current Assets
AmortizationOfIntangibleAssetsRelatingToCurrentAssets
328665 USD
inuv Amortization Of Intangible Assets Relating To Long Term Assets
AmortizationOfIntangibleAssetsRelatingToLongTermAssets
615503 USD
inuv Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
-0.41
CY2012Q1 inuv Cash Received In Merger
CashReceivedInMerger
3120320 USD
CY2012Q1 inuv Deferredtaxliability
Deferredtaxliability
4543000 USD
CY2013Q3 inuv Finite Lived Intangible Assets Long Term Portion Accumulated Amortization
FiniteLivedIntangibleAssetsLongTermPortionAccumulatedAmortization
1377173 USD
CY2013Q3 inuv Finite Lived Intangible Assets Long Term Portion Gross
FiniteLivedIntangibleAssetsLongTermPortionGross
11900000 USD
CY2012Q3 inuv Foreign Currency Revaluation
ForeignCurrencyRevaluation
-6084 USD
CY2013Q3 inuv Foreign Currency Revaluation
ForeignCurrencyRevaluation
294 USD
inuv Foreign Currency Revaluation
ForeignCurrencyRevaluation
-505 USD
inuv Foreign Currency Revaluation
ForeignCurrencyRevaluation
418 USD
inuv Deposittocollateralizeletterofcredit
Deposittocollateralizeletterofcredit
-301158 USD
inuv Deposittocollateralizeletterofcredit
Deposittocollateralizeletterofcredit
300497 USD
CY2013Q3 inuv Finite Lived Intangible Assets Current Portion Accumulated Amortization
FiniteLivedIntangibleAssetsCurrentPortionAccumulatedAmortization
19864472 USD
CY2013Q3 inuv Finite Lived Intangible Assets Current Portion Gross
FiniteLivedIntangibleAssetsCurrentPortionGross
19864472 USD
CY2013Q3 inuv Intangible Assets Current Portion Net Of Accumulated Amortization
IntangibleAssetsCurrentPortionNetOfAccumulatedAmortization
0 USD
CY2012Q4 inuv Intangible Assets Current Portion Net Of Accumulated Amortization
IntangibleAssetsCurrentPortionNetOfAccumulatedAmortization
328665 USD
CY2013Q3 inuv Intangible Assets Long Term Portion Net Of Accumulated Amortization
IntangibleAssetsLongTermPortionNetOfAccumulatedAmortization
10522827 USD
inuv Issuance Of Stock As Settlement Of Deferred Compensation
IssuanceOfStockAsSettlementOfDeferredCompensation
915750 USD
inuv Issuance Of Stock As Settlement Of Deferred Compensation
IssuanceOfStockAsSettlementOfDeferredCompensation
0 USD
inuv Liabilities Adjustment Discontinued Operations
LiabilitiesAdjustmentDiscontinuedOperations
370980 USD
inuv Liabilities Adjustment Discontinued Operations
LiabilitiesAdjustmentDiscontinuedOperations
105113 USD
inuv Maximum Period Accounts Receivable Past Due
MaximumPeriodAccountsReceivablePastDue
P90D
inuv Net Cash Received From Merger With Vertro Inc Net Of Merger Costs
NetCashReceivedFromMergerWithVertroIncNetOfMergerCosts
0 USD
inuv Net Cash Received From Merger With Vertro Inc Net Of Merger Costs
NetCashReceivedFromMergerWithVertroIncNetOfMergerCosts
2470755 USD
CY2012Q1 inuv Net Cash Received In Merger
NetCashReceivedInMerger
2432642 USD
CY2009Q4 inuv Number Of Actions Consolidated
NumberOfActionsConsolidated
2 legal_action
CY2013Q3 inuv Operating Leases Future Minimum Payments Receivable Sublease Income
OperatingLeasesFutureMinimumPaymentsReceivableSubleaseIncome
1359232 USD
CY2013Q3 inuv Operating Leases Future Minimum Payments Receivable Sublease Income In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableSubleaseIncomeInFourYears
48544 USD
CY2013Q3 inuv Operating Leases Future Minimum Payments Receivable Sublease Income In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableSubleaseIncomeInThreeYears
582528 USD
CY2013Q3 inuv Operating Leases Future Minimum Payments Receivable Sublease Income In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableSubleaseIncomeInTwoYears
582528 USD
CY2013Q3 inuv Operating Leases Future Minimum Payments Receivable Sublease Income Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableSubleaseIncomeRemainderOfFiscalYear
145632 USD
CY2013Q3 inuv Options And Rsas Exercised
OptionsAndRsasExercised
1284029 shares
inuv Proceeds From Grant Funds Received Equipment And Office Construction
ProceedsFromGrantFundsReceivedEquipmentAndOfficeConstruction
0 USD
CY2012Q1 inuv Otherlongtermliabilities
Otherlongtermliabilities
709991 USD
CY2012Q1 inuv Outstanding Balance On Credit Facility
OutstandingBalanceOnCreditFacility
1000000 USD
inuv Payments On Term Note Payable And Capital Leases
PaymentsOnTermNotePayableAndCapitalLeases
-4424768 USD
inuv Payments On Term Note Payable And Capital Leases
PaymentsOnTermNotePayableAndCapitalLeases
-1033835 USD
inuv Proceeds From Grant Funds Received Equipment And Office Construction
ProceedsFromGrantFundsReceivedEquipmentAndOfficeConstruction
360812 USD
inuv Proceeds From Term Note
ProceedsFromTermNote
5000000 USD
inuv Proceeds From Term Note
ProceedsFromTermNote
USD
inuv Restricted Advances On Term Note Payable
RestrictedAdvancesOnTermNotePayable
0 USD
inuv Restricted Advances On Term Note Payable
RestrictedAdvancesOnTermNotePayable
300000 USD
CY2013Q3 inuv Rsas Restricted Stock Awards Outstanding
RsasRestrictedStockAwardsOutstanding
233825 shares
inuv Schedule Of Net Assets And Liabilities
ScheduleOfNetAssetsAndLiabilities
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the net assets received and liabilities assumed in the merger with Vertro. Adjustments to the original purchase price allocation include a revision of shares of common stock issued related to the merger and the finalization of the fair value of accrued expenses. &#160;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="86%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="12%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total consideration paid in common stock</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,130,983</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair value of assets acquired:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,093,845</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(520,342</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,059,729</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(283,911</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,984,264</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,857,537</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair value of liabilities assumed:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,753,613</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding balance on credit facility</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,782,361</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liability</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,543,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other long-term liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">709,991</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Cash received in merger</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,120,320</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock issuance costs</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(687,678</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net cash received in merger</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,432,642</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2013Q3 inuv Search Costs
SearchCosts
2939584 USD
inuv Search Costs
SearchCosts
13098236 USD
inuv Search Costs
SearchCosts
10625638 USD
CY2012Q3 inuv Search Costs
SearchCosts
5832243 USD
CY2013Q1 inuv Service Agreement Term
ServiceAgreementTerm
P2Y
CY2012Q1 inuv Stock Issuance Costs
StockIssuanceCosts
687678 USD
CY2013Q3 inuv Stockholders Equity Minimum Amount Required To Be Listed On Nyse Mkt
StockholdersEquityMinimumAmountRequiredToBeListedOnNyseMkt
6000000 USD
inuv Total Comprehensive Loss
TotalComprehensiveLoss
-730243 USD
CY2012Q3 inuv Total Comprehensive Loss
TotalComprehensiveLoss
1314599 USD
inuv Total Comprehensive Loss
TotalComprehensiveLoss
6158383 USD
CY2013Q3 inuv Total Comprehensive Loss
TotalComprehensiveLoss
-639505 USD
CY2012Q1 inuv Total Consideration Paid In Common Stock
TotalConsiderationPaidInCommonStock
11130983 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000829323
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
23291468 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
INUVO, INC.

Files In Submission

Name View Source Status
0000829323-13-000007-index-headers.html Edgar Link pending
0000829323-13-000007-index.html Edgar Link pending
0000829323-13-000007.txt Edgar Link pending
0000829323-13-000007-xbrl.zip Edgar Link pending
a10-qseptember302013.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
inuv-20130930.xml Edgar Link completed
inuv-20130930.xsd Edgar Link pending
inuv-20130930_cal.xml Edgar Link unprocessable
inuv-20130930_def.xml Edgar Link unprocessable
inuv-20130930_lab.xml Edgar Link unprocessable
inuv-20130930_pre.xml Edgar Link unprocessable
inuv-ex1028_20130930xq3.htm Edgar Link pending
inuv-ex311_20130930xq3.htm Edgar Link pending
inuv-ex312_20130930xq3.htm Edgar Link pending
inuv-ex321x20130930xq3.htm Edgar Link pending
inuv-ex322_20130930xq3.htm Edgar Link pending
inuvo.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending