Fluent, INC

Market Movers (8-K)

NASDAQ
Fluent, Inc. announced its first quarter 2026 financial results, highlighting a significant 104% growth in its Commerce Media Solutions segment, which now represents 58% of total revenue.
NASDAQ
Fluent, Inc.'s indirect subsidiary, Inbox Pal, LLC, has sold its membership interests in Winopoly, LLC to InsurCo, LLC for $3 million, payable via a secured promissory note.
Capital raise
NASDAQ
Fluent, Inc. has established an At-The-Market equity offering program to sell up to $11.2 million of its common stock through Lake Street Capital Markets, LLC.
Capital raise
NASDAQ
Fluent, Inc. entered into a new $30 million accounts receivable finance agreement with Bay View Funding, replacing its previous credit facility and incurring a $1 million early termination fee.
Capital raise
NASDAQ
Fluent, Inc. reports Q3 2025 financial results, highlighting significant growth in its Commerce Media Solutions business despite a consolidated revenue decrease.
Capital raise
NASDAQ
Fluent, Inc. has approved an Equity Participation Plan to incentivize employees and service providers through cash-settled restricted stock units.

Quarterly Earnings (10-Q)

NASDAQ
Fluent Inc. reported a 19% decrease in revenue for Q1 2026 to $44.9 million, with a net loss of $5.4 million, while highlighting a strategic shift towards Commerce Media Solutions.
Worse than expected
Capital raise
NASDAQ
Fluent, Inc. reports a significant revenue decline and continued net losses for Q3 2025, driven by challenges in its O&O Sites business and compliance with the FTC Consent Order, despite growth in Commerce Media Solutions, leading to a going concern warning.
Capital raise
Worse than expected
NASDAQ
Fluent Inc. reported a 24% revenue decrease in Q2 2025, alongside a reduced net loss, as the company navigates strategic shifts and addresses going concern doubts with a new capital raise.
Worse than expected
Delay expected
Capital raise
NASDAQ
Fluent Inc.'s Q1 2025 results reveal a revenue decrease and a net loss, raising concerns about the company's ability to continue as a going concern.
Worse than expected
Capital raise
NASDAQ
Fluent Inc.'s Q3 2024 results reveal a 3% revenue decrease and a net loss of $7.9 million, alongside strategic efforts to address financial and operational challenges.
Worse than expected
Delay expected
Capital raise
NASDAQ
Fluent Inc. files an amendment to its June 30, 2024 quarterly report to include an omitted exhibit related to a credit agreement and correct minor errors.
Capital raise

Annual Reports (10-K)

NASDAQ
Fluent, Inc. filed an amendment to its 2025 Annual Report to include required Part III disclosures and updated Sarbanes-Oxley certifications.
NASDAQ
Fluent, Inc. reports an 18% revenue drop and worsening Adjusted EBITDA in 2025, prompting an auditor's 'going concern' warning despite a strategic pivot to Commerce Media Solutions.
Worse than expected
Capital raise
NASDAQ
Fluent Inc.'s 10-K filing reveals a challenging year with declining revenue and a going concern warning, despite growth in Commerce Media Solutions.
Worse than expected
Capital raise
Delay expected
NASDAQ
Fluent Inc. extends a consulting agreement and files its annual 10-K report, detailing financial performance and strategic initiatives.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Global Value Investment Corp. reports significant transactions involving Fluent Inc. common stock and pre-funded warrants.
Capital raise
NASDAQ
James Geygan, a Director and 10% Owner of Fluent, Inc., reported transactions involving common stock and pre-funded warrants.
Capital raise
NASDAQ
Ryan Schulke, Chief Strategy Officer and Director at Fluent Inc., reported transactions involving the acquisition of common stock through the exercise of pre-funded warrants.
NASDAQ
Matthew Conlin, a Director and Chief Customer Officer at Fluent Inc., reported transactions involving the acquisition of common stock through the exercise of pre-funded warrants.
Capital raise
NASDAQ
Fluent Inc. CEO Patrick Huntley reported the acquisition of 26,788 shares of common stock through the exercise of pre-funded warrants.
NASDAQ
Fluent, Inc. reports a grant of 30,096 restricted stock units to Director Richard C. Pfenniger Jr. under the company's equity incentive plan.

Proxy Statements (Def-14A)

NASDAQ
Fluent, Inc. has filed a Definitive Proxy Statement (DEF 14A) with the SEC, detailing information for its upcoming shareholder meeting.
NASDAQ
Fluent, Inc. has announced its 2026 Annual Meeting of Stockholders, scheduled for June 17, 2026, to elect directors, approve executive compensation, ratify auditor appointment, and vote on warrant issuances and equity plan amendments.
Capital raise
NASDAQ
Fluent, Inc. has filed a definitive proxy statement with the SEC, signaling upcoming shareholder actions.
NASDAQ
Fluent, Inc. is holding its annual meeting on June 18, 2025, to vote on director elections, executive compensation, auditor ratification, and several proposals related to warrant and note issuances and an equity incentive plan amendment.
Capital raise
NASDAQ
Fluent, Inc. filed a supplement to its definitive proxy statement to correct the security ownership information of certain beneficial owners and management in preparation for a special stockholder meeting on July 2, 2024.
NASDAQ
Fluent, Inc. is holding a special meeting of stockholders on July 2, 2024, to vote on proposals related to the exercise of pre-funded warrants and insider warrants issued in a recent private placement.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Phillip Frost, M.D. and Frost Gamma Investments Trust have updated their beneficial ownership in Fluent, Inc. to 24.7% of common stock.
Capital raise
NASDAQ
Phillip Frost, M.D. and Frost Gamma Investments Trust increased their beneficial ownership in Fluent, Inc. to 28.3% through a $1 million purchase of pre-funded warrants and warrants.
Capital raise
NASDAQ
Matthew Conlin, a key insider at Fluent, Inc., has increased his beneficial ownership to 16.1% of the company's common stock, primarily through the acquisition and stockholder approval of pre-funded warrants and a convertible promissory note.
NASDAQ
Ryan Schulke, a significant shareholder in Fluent, Inc., has increased his beneficial ownership to 21.1% of the company's common stock following the acquisition and recent stockholder approval of pre-funded warrants.
Capital raise
NASDAQ
Dr. Phillip Frost and Frost Gamma Investments Trust have significantly increased their beneficial ownership in Fluent, Inc. to 31.1% following a $2 million investment in warrants and pre-funded warrants, and the subsequent exercise of pre-funded warrants.
Capital raise
NASDAQ
Phillip Frost, M.D. and Frost Gamma Investments Trust have increased their beneficial ownership in Fluent, Inc. to 23.7% following the exercise of pre-funded warrants.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
JB Capital Partners, L.P. and Alan W. Weber have disclosed a combined beneficial ownership of 7.2% of Fluent, Inc.'s common stock as of December 31, 2025.
NASDAQ
Bleichroeder LP, Bleichroeder Holdings LLC, and Andrew Gundlach have jointly disclosed a 9.55% beneficial ownership stake in Fluent, Inc., totaling 2,857,142 common shares.
NASDAQ
Tieton Capital Management, LLC reported a 4.5% beneficial ownership stake in Fluent, Inc. common stock as of September 30, 2025.
NASDAQ
JB Capital Partners, L.P. and Alan W. Weber have jointly disclosed a beneficial ownership of 7.3% in Fluent, Inc., totaling 1,406,982 shares of common stock.