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Fluent, Inc.

FLNT · Nasdaq

No reporting failures in the last 12 months

It filed on time and stood behind its numbers. Of companies scoring zero, 4.0% were delisted, went bankrupt, restated or stopped filing within the following year.

$11Mpublic float
2025-08-15most recent failure

Score over time

0123202220232024202520262023-10-01 · score 12023-08-15 filed late (10-Q) · going concern2024-01-01 · score 22023-11-15 filed late (10-Q) · restatement2023-08-15 filed late (10-Q) · going concern2024-04-01 · score 22023-11-15 filed late (10-Q) · restatement2023-08-15 filed late (10-Q) · going concern2024-07-01 · score 32024-04-02 filed late (10-K)2023-11-15 filed late (10-Q) · restatement2023-08-15 filed late (10-Q) · going concern2024-10-01 · score 32024-08-15 filed late (10-Q) · restatement2024-04-02 filed late (10-K)2023-11-15 filed late (10-Q) · restatement2025-01-01 · score 32024-11-15 filed late (10-Q) · restatement2024-08-15 filed late (10-Q) · restatement2024-04-02 filed late (10-K)2025-04-01 · score 32024-11-15 filed late (10-Q) · restatement2024-08-15 filed late (10-Q) · restatement2024-04-02 filed late (10-K)2025-07-01 · score 32025-05-16 filed late (10-Q)2024-11-15 filed late (10-Q) · restatement2024-08-15 filed late (10-Q) · restatement2025-10-01 · score 32025-08-15 filed late (10-Q) · restatement2025-05-16 filed late (10-Q)2024-11-15 filed late (10-Q) · restatement2026-01-01 · score 22025-08-15 filed late (10-Q) · restatement2025-05-16 filed late (10-Q)2026-04-01 · score 22025-08-15 filed late (10-Q) · restatement2025-05-16 filed late (10-Q)2026-07-01 · score 12025-08-15 filed late (10-Q) · restatement

Hover or tap a dot to see the filings behind that score.

Why they said they were late

The Quarterly Report on Form 10-Q for the three months ended June 30, 2025 (the “ Quarterly Report ”) of Fluent, Inc. (the “ Company ”) could not be filed within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Company’s wholly owned subsidiary, Fluent, LLC, as Borrower, is party to a credit agreement (as amended, modified, extended, restated, replaced, or supplemented from time to time, the “ Credit Agreement ”) with the Company and certain subsidiaries of the Borrower as as guarantors, Crystal Financial LLC d/b/a SLR Credit Solution, as administrative agent, lead arranger and bookrunner (“ SLR ”), and each other lender from time to time party thereto. The Company has been in discussions with SLR concerning a proposed fifth amendment to the Credit Agreement (the “ Fifth Amendment ”) to address the Company’s non-compliance with its financial covenants in the Credit Agreement as of June 30, 2025. The Company needs additional time to complete such discussions and the definitive documentation for the proposed Fifth Amendment and prepare appropriate disclosures. The Company is actively working on these discussions and documents related to the Fifth Amendment and intends to file its Quarterly within the five-day extension period (the “ Extension Period ”) afforded by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. Forward-Looking Statements This Form 12b-25 contains “ forward-looking statements ” within the meaning of the Private Securities Litigation Reform Act of 1995,. These forward looking statements include statements regarding the Company ’ s expectation to file the Quarterly Report within the Extension Period, the Company ’ s expectations that it will complete activities necessary to permit such filing within the Extension Period and the Company ’ s expected results of operations for the quarter ended June 30, 2025

NT 10-Q, filed 2025-08-15 · restatement

What it filed

2025-08-15filed late (10-Q)restatement SEC →

The Quarterly Report on Form 10-Q for the three months ended June 30, 2025 (the “ Quarterly Report ”) of Fluent, Inc. (the “ Company ”) could not be filed within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Company’s wholly owned subsidiary, Fluent, LLC, as Borrower, is party to a credit agreement (as amended, modified, extended, restated, replaced, or supplemented from time to time, the “ Credit Agreement ”) with the Company and certain subsidiaries of the Borrower as as guarantors, Crystal Financial LLC d/b/a SLR Credit Solution, as administrative agent, lead arranger and bookrunner (“ SLR ”), and each other lender from time to time party thereto. The Company has been in discussions with SLR concerning a proposed fifth amendment to the Credit Agreement (the “ Fifth Amendment ”) to address the Company’s non-compliance with its financial covenants in the Credit Agreement as of June 30, 2025. The Company needs additional time to complete such discussions and the definitive documentation for the proposed Fifth Amendment and prepare appropriate disclosures. The Company is actively working on these discussions and documents related to the Fifth Amendment and intends to file its Quarterly within the five-day extension period (the “ Extension Period ”) afforded by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. Forward-Looking Statements This Form 12b-25 contains “ forward-looking statements ” within the meaning of the Private Securities Litigation Reform Act of 1995,. These forward looking statements include statements regarding the Company ’ s expectation to file the Quarterly Report within the Extension Period, the Company ’ s expectations that it will complete activities necessary to permit such filing within the Extension Period and the Company ’ s expected results of operations for the quarter ended June 30, 2025

2025-05-16filed late (10-Q) SEC →

The Quarterly Report on Form 10-Q for the three months ended March 31, 2025 (the “Quarterly Report”) of Fluent, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense. On May 15, 2025, the Company entered into securities purchase agreements (the " Purchase Agreements") with certain of the Company's officers and/or directors, the Company's largest stockholder, and institutional investors or others for whom they have or share beneficial ownership (the " Purchasers"), pursuant to which the Purchasers will invest an aggregate of $4.025 million. The Company required additional time to reflect the Purchase Agreements in the Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025, which will be filed concurrently with this notification

2024-11-15filed late (10-Q)restatement SEC →

The Quarterly Report on Form 10-Q for the three months ended September 30, 2024 (the “Quarterly Report”) of Fluent, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Company’s wholly owned subsidiary, Fluent, LLC, as Borrower, is party to a credit agreement (as amended, modified, extended, restated, replaced, or supplemented from time to time, the “Credit Agreement”) with the Company and certain subsidiaries of the Borrower as as guarantors, Crystal Financial LLC d/b/a SLR Credit Solution, as administrative agent, lead arranger and bookrunner (“SLR”), and each other lender from time to time party thereto. The Company has been in discussions with SLR concerning a third amendment to the Credit Agreement (the “Third Amendment”) to address the Company’s non-compliance with its financial covenants in the Credit Agreement as of September 30, 2024. The parties executed the Third Amendment on November 14, 2023, which is reflected in the Quarterly Report filed concurrently with this notification

2024-08-15filed late (10-Q)restatement SEC →

The Quarterly Report on Form 10-Q for the three months ended June 30, 2024 (the “Quarterly Report”) of Fluent, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Company’s wholly owned subsidiary, Fluent, LLC, as Borrower, is party to a credit agreement (as amended, modified, extended, restated, replaced, or supplemented from time to time, the “Credit Agreement”) with the Company and certain subsidiaries of the Borrower as as guarantors, Crystal Financial LLC d/b/a SLR Credit Solution, as administrative agent, lead arranger and bookrunner (“SLR”), and each other lender from time to time party thereto. The Company has been in discussions with SLR concerning a proposed second amendment to the Credit Agreement (the “Second Amendment”) to address the Company’s non-compliance with its financial covenants in the Credit Agreement as of June 30, 2024. The Company needs additional time to complete such discussions and the definitive documentation for the proposed Second Amendment and prepare appropriate disclosures. The Company is actively working on these discussions and documents related to the Second Amendment and intends to file its Quarterly Report on Form 10-Q (the “June 10-Q”) within the five-day extension period (the “Extension Period”) afforded by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. Forward-Looking Statements This Form 12b-25 contains “ forward-looking statements ” within the meaning of the Private Securities Litigation Reform Act of 1995,. These forward looking statements include statements regarding the Company ’ s expectation to file the June 10-Q within the Extension Period, the Company ’ s expectations that it will complete activities necessary to permit such filing within the Extension Period and the Company ’ s expected results of operations for the quarter ended June 30, 2024

2024-04-02filed late (10-K) SEC →

The Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “ Annual Report ”) of Fluent, Inc. (the “ Company ”) could not be filed within the prescribed time period without unreasonable effort or expense. On April 2, 2024, the Company’s wholly owned subsidiary, Fluent, LLC, as Borrower, entered into a Credit Agreement (the “ SLR Credit Agreement ”) with Crystal Financial LLC d/b/a SLR Credit Solutions, as Administrative Agent, Sole Lead Arranger and Bookrunner, and the guarantors and other lenders party thereto. This credit facility discharged the outstanding balance on the Fluent, LLC’s credit facility with Citizens Bank, N.A. and the other lenders thereto. The Company required additional time to reflect the SLR Credit Agreement in the Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which will be filed concurrently with this notification

2023-11-15filed late (10-Q)restatement SEC →

The Quarterly Report on Form 10-Q for the three months ended September 30, 2023 (the “Quarterly Report”) of Fluent, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Company’s wholly owned subsidiary, Fluent, LLC, is party to a credit agreement (as amended, modified, extended, restated, replaced, or supplemented from time to time, the “Credit Agreement”) with Citizens Bank, N.A. (“Citizens Bank”) as administrative agent, lead arranger and bookrunner. The Company has been in discussions with Citizens Bank concerning a Temporary Waiver Under Credit Agreement (the “Waiver”) to address the Company’s non-compliance with a financial covenant in the Credit Agreement as of September 30, 2023. The parties executed the Waiver on November 15, 2023, which is reflected in the Quarterly Report filed concurrently with this notification

2023-08-15filed late (10-Q)going concern SEC →

The Quarterly Report on Form 10-Q for the three months ended June 30, 2023 (the “Quarterly Report”) of Fluent, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense. As previously disclosed, the Company’s wholly owned subsidiary, Fluent LLC, is party to a credit agreement (as amended, modified, extended, restated, replaced, or supplemented from time to time, the "Credit Agreement") with Citizens Bank, N.A. (“Citizens Bank”) as administrative agent, lead arranger and bookrunner. The Company is in discussions with Citizens Bank to amend certain provisions of the Credit Agreement to modify or waive certain covenants for future periods. The Company needs additional time to complete such discussions and the definitive documentation for the proposed amendment to the Credit Agreement, prepare appropriate disclosures, and reach a conclusion with respect to whether, giving effect to the proposed amendment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern. The Company expects to reach the conclusion that no such conditions or events exist and that the Company will be able to fund operations for at least the twelve months following the date the Company’s financial statements to be included in the Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2023 (the “Form 10-Q”) are issued. The Company is actively working on these activities and intends to file the Form 10-Q within the 5-day extension period (the “Extension Period”) afforded by Rule 12b-25 under the Securities Exchange Act of 1934. Forward-Looking Statements This Form 12b-25 contains forward-looking statements within the meaning of applicable United States securities laws

About this score

reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.

Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.

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Every item above is a filing this company made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not investment advice

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