Loading...
Docoh
Log in Free sign up

Infinite (IMCI)

Infinite Group, Inc. engages in the provision of information technology solutions that are intended to deliver measurable results to small and medium sized businesses, government agencies and commercial enterprises. It provides managed services that include managing edge operations and implementing complex programs in advanced server management, desktop and server monitoring and remediation, help desk and call center, data storage, backup and disaster recovery, and project management. The firm provides cloud computing solutions that include public and private cloud architectures along with hybrid scalable cloud hosting, server virtualization and desktop virtualization solutions. It also offers support to professional services organizations of software companies that need additional skilled resources when implementing solutions. The company was founded on October 14, 1986 and is headquartered in Pittsford, NY.

Company profile

Ticker
IMCI
Exchange
OTC
Website
www.igius.com
CEO
James A. Villa
Employees
Incorporated
Delaware
Location
New York
Fiscal year end
Dec 31
Sector
Information > Data Processing, Hosting, and Related Services
Industry (SIC)
Services - Prepackaged Software
Microsoft • Oracle • NortonLifeLock • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee • Electronic Arts ...
Former names
INFINITE MACHINE CORP, INFINITE MACHINES CORP
SEC CIK
0000884650
Corporate docs
IRS number
521490422

IMCI stock data

Press releases

From Benzinga Pro
IGI Cybersecurity to Sponsor 2022 Telarus Partner Summit
1 Aug 22
IGI Cybersecurity will sponsor and attend the annual event for Channel Partners held at the Grand America Hotel in Salt Lake CityPITTSFORD, NY / ACCESSWIRE / August 1, 2022 / Infinite Group, Inc. (IGI) (OTCQB:IMCI) will

Calendar

16 May 22
12 Aug 22
31 Dec 22

Financial summary

Financial statements Chart IMCI financial data
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 104.85K 104.85K 104.85K 104.85K 104.85K 104.85K
Cash burn (monthly) (no burn) (no burn) 235.26K 167.72K 69.4K 68.71K
Cash used (since last report) n/a n/a 1.04M 740.75K 306.5K 303.48K
Cash remaining n/a n/a -934.18K -635.9K -201.65K -198.63K
Runway (months of cash) n/a n/a -4.0 -3.8 -2.9 -2.9

Beta Read what these cash burn values mean

Financial data from Infinite earnings reports.

Recent insider trades

IMCI insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
29 Jul 22 Andrew T. Hoyen Common Stock Option exercise Acquire M No No 0 400,000 0 1,086,734
29 Jul 22 Andrew T. Hoyen Option Common Stock Dispose X No No 0 400,000 0 400,000
16 Sep 21 Andrew T. Hoyen Common Stock Option exercise Acquire M No No 0 500,000 0 500,000
16 Sep 21 Andrew T. Hoyen Option Common Stock Dispose X No No 0 500,000 0 500,000
16 Sep 21 James Villa Common Stock Option exercise Acquire M No No 0 500,000 0 1,312,000
16 Sep 21 James Villa Option Common Stock Dispose X No No 0 500,000 0 0
16 Sep 21 Reeve Donald Common Stock Option exercise Acquire M No No 0 800,000 0 1,631,460
16 Sep 21 Reeve Donald Option Common Stock Dispose X No No 0 800,000 0 800,000
6 Apr 21 James Witzel Option Common Stock Grant Acquire A No No 0.1925 200,000 38.5K 200,000
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q4 2021

IMCI institutional ownership history Ownership history
15.1% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1 1 –
Opened positions 0 1 EXIT
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares Current Prev Q Change
Total value 551K 551K –
Total shares 5.06M 5.06M –
Total puts 0 0
Total calls 0 0
Total put/call ratio – – –
Largest owners Shares Value Change
James Villa 5.06M $551K 0.0%
Largest transactions Shares Bought/sold Change
James Villa 5.06M 0 0.0%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

?
Competition
Qualys

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: absence, accommodate, accommodating, acquisition, advisory, aggressive, alternative, Ankeny, arise, attractive, backend, Beneficiary, breach, breaching, bridge, bring, bringing, Buyer, cataloging, certainty, commence, commonly, composed, consent, constantly, contemplated, contractor, costly, covenant, curable, cured, CyberLab, David, deliver, deployed, deposited, devote, director, Discontinue, downsized, entity, escrow, essential, excluded, expiration, expire, feedback, field, firm, focused, forfeited, format, free, Furnished, governmental, indemnification, indemnify, indirect, innovative, Iowa, iv, Jr, larger, lead, leadership, lengthy, litigation, LP, maximum, myriad, Negotiate, Nelson, Numerator, onboarding, ordinary, pace, PenLogic, percentage, pipeline, portfolio, Pratum, presence, proceed, qualifying, quality, ransomware, receipt, redeemable, reduce, reduced, refrain, regular, regulatory, reliable, requested, research, robust, robustly, Seller, shareholder, Similarly, simply, single, slight, slower, span, stable, strategically, subcontractor, tax, TD, threefold, treated, troubleshooting, true, twenty, typically, unamortized, underserved, variety, varying, Victory, voted, warranty, wide, withheld, withholding, written
Removed: achieve, acting, adversely, advisor, affordability, agnostic, aided, API, attempted, baseline, budgeting, built, commercial, Considerable, consultant, consumer, creating, cultivating, curb, curtailed, deployment, discovered, disrupt, disrupted, disruption, distribution, driven, employee, enabling, evolution, expanding, exploit, exploring, facing, federal, flexible, formal, global, globally, Guaranty, institutional, intent, layer, listing, long, materialize, medium, minimally, modified, native, occupancy, organization, overlay, owed, path, PBGC, Pension, personalized, rendered, reseller, review, salesforce, sector, September, settlement, simplicity, slightly, slowly, spread, spun, stack, structure, tool, trusted, vCISO, vertical, vertically
From filing 10-Q 2022 Q1
Financial reports
View all
10-Q
2022 Q1
Quarterly report
16 May 22
10-K
2021 FY
Annual report
15 Mar 22
10-Q
2021 Q3
Quarterly report
15 Nov 21
10-Q
2021 Q2
Quarterly report
17 Aug 21
NT 10-Q
Notice of late quarterly filing
16 Aug 21
10-Q
2021 Q1
Quarterly report
17 May 21
10-K/A
2020 FY
Annual report (amended)
15 Apr 21
10-K
2020 FY
Annual report
29 Mar 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
10-Q
2020 Q2
Quarterly report
13 Aug 20
Current reports
View all
8-K
Entry into a Material Definitive Agreement
12 Aug 22
8-K
Entry into a Material Definitive Agreement
4 Aug 22
8-K
Entry into a Material Definitive Agreement
7 Jul 22
8-K
Termination of a Material Definitive Agreement
22 Jun 22
8-K
Entry into a Material Definitive Agreement
3 Jun 22
8-K
Entry into a Material Definitive Agreement
15 Apr 22
8-K
Entry into a Material Definitive Agreement
1 Apr 22
8-K
Entry into a Material Definitive Agreement
30 Mar 22
8-K
Entry into a Material Definitive Agreement
18 Feb 22
8-K
Submission of Matters to a Vote of Security Holders
4 Feb 22
Registration and prospectus
View all
FWP
Free writing prospectus
6 May 22
S-1/A
IPO registration (amended)
5 May 22
S-1/A
IPO registration (amended)
4 May 22
S-1/A
IPO registration (amended)
1 Apr 22
S-1
IPO registration
14 Jan 22
S-8 POS
Registration of securities for employees (post-effective amendment)
14 May 17
REGDEX
Notice of sale of securities
5 Feb 08
REGDEX
Notice of sale of securities
16 Jun 03
POS AM
Prospectus update (post-effective amendment)
3 Sep 02
S-3/A
Shelf registration (amended)
3 Sep 02
Proxies
View all
DEF 14A
Definitive proxy
27 Dec 21
PRE 14A
Preliminary proxy
15 Dec 21
DEF 14A
Definitive proxy
31 Jan 06
PRER14A
Preliminary revised proxy
25 Jan 06
PRER14A
Preliminary revised proxy
10 Jan 06
PRER14A
Preliminary revised proxy
22 Dec 05
PRE 14A
Preliminary proxy
21 Nov 05
DEF 14A
Definitive proxy
26 Feb 01
PRE 14A
Preliminary proxy
8 Feb 01
DEF 14A
Definitive proxy
14 Nov 99
Other
CT ORDER
Confidential treatment order
6 Jul 15
UPLOAD
Letter from SEC
21 Dec 08
CORRESP
Correspondence with SEC
2 Dec 08
UPLOAD
Letter from SEC
19 Nov 08
CORRESP
Correspondence with SEC
31 Jan 06
UPLOAD
Letter from SEC
23 Jan 06
UPLOAD
Letter from SEC
23 Jan 06
UPLOAD
Letter from SEC
23 Jan 06
Ownership
View all
4
INFINITE / Andrew T. Hoyen ownership change
2 Aug 22
SC 13D/A
INFINITE / VILLA JAMES ownership change
16 Mar 22
SC 13D/A
INFINITE / REEVE DONALD ownership change
14 Mar 22
SC 13D
INFINITE / Hoyen Andrew T. ownership change
4 Mar 22
SC 13D
INFINITE / Popper Richard ownership change
8 Feb 22
4
INFINITE / DONALD REEVE ownership change
20 Sep 21
4
INFINITE / JAMES VILLA ownership change
20 Sep 21
4
INFINITE / Andrew T. Hoyen ownership change
20 Sep 21
4
INFINITE / Richard W Glickman ownership change
17 Aug 21
4
INFINITE / JAMES WITZEL ownership change
8 Apr 21

Patents

Utility
Network Assessment Systems and Methods Thereof
29 Jul 21
A method for assessing a network environment includes obtaining, by the network assessment computing device, device information for one or more devices each with an Internet Protocol address currently on a defined network in a network environment from a network appliance device coupled to the network environment.
Utility
Methods for Inventorying Network Hosts and Devices Thereof
24 Jun 21
Methods, network scanning devices, and non-transitory machine readable media that more effectively and efficiently inventory network hosts to facilitate improved vulnerability scanning are illustrated.
Utility
Network assessment systems and methods thereof
4 May 21
A method for assessing a network environment includes obtaining, by the network assessment computing device, device information for one or more devices each with an Internet Protocol address currently on a defined network in a network environment from a network appliance device coupled to the network environment.

Reddit threads