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Private company

iCoreConnect Inc.

ICoreConnect Inc. is an American prepackaged software services company, incorporated in Nevada.1 It is headquartered in Ocoee, Florida.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Prepackaged Software1
  • HeadquartersOcoee, Florida1
  • Incorporated inNV2
  • Business address529 E. Crown Point Road, Suite 250, Ocoee, Fl 347612
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

71.9%Gross margin3
-60.1%Operating margin3
-76.1%Net margin3
61.2%Revenue growth, 20223
-$1.3MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue18¢$2.2M
  • Selling, general and admin75¢$9.3M
  • Interest6¢$785.4K

Out of $8.0M in revenue.3 The company lost money this year.

Financial statements

Revenue45673$8.0M in 2022+1123% since 2017
0$2.0M$4.0M$6.0M$8.0M2017: $653.0K$653.0K20172018: $1.1M$1.1M2018+67%2019: $1.0M$1.0M2019−7%2020: $2.1M$2.1M2020+109%2021: $5.0M$5.0M2021+133%2022: $8.0M$8.0M2022+61%
Gross profit45673$5.7M in 2022+1509% since 2017
0$2.0M$4.0M$6.0M2017: $357.0K$357.0K20172018: $640.0K$640.0K2018+79%2019: $709.0K$709.0K2019+11%2020: $1.1M$1.1M2020+57%2021: $3.4M$3.4M2021+203%2022: $5.7M$5.7M2022+70%
Operating income673-$4.8M in 2022
-$5.0M-$2.5M0$2.5M$5.0M2020: $3.5M$3.5M20202021: -$5.0M-$5.0M20212022: -$4.8M-$4.8M2022−3%
Net income45673-$6.1M in 2022+35% since 2017
-$8.0M-$6.0M-$4.0M-$2.0M02017: -$4.5M-$4.5M20172018: -$5.2M-$5.2M2018+16%2019: -$3.0M-$3.0M2019−43%2020: -$3.5M-$3.5M2020+17%2021: -$5.0M-$5.0M2021+42%2022: -$6.1M-$6.1M2022+22%
Fiscal year2016201720182019202020212022
Revenue$653.0K4$1.1M5$1.0M6$2.1M7$5.0M3$8.0M3
Cost of revenue$296.0K4$449.0K5$305.0K6$1.0M7$1.6M3$2.2M3
Gross profit$357.0K4$640.0K5$709.0K6$1.1M7$3.4M3$5.7M3
Selling, general and admin$3.5M5$3.4M6$3.4M7$5.2M3$9.3M3
Operating expenses$6.7M3$10.5M3
Operating income$3.5M6-$5.0M7-$4.8M3
Interest$2.3M4-$232.0K5$236.0K6$238.8K7$500.9K3$785.4K3
Net income-$4.5M4-$5.2M5-$3.0M6-$3.5M7-$5.0M3-$6.1M3
Shares (weighted, basic)146.7M shares7146.7M shares3

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What it owns

What iCoreConnect Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$154.4K3 Dec 31, 2022$150.2K3 Dec 31, 2021+2.8%
Accumulated depreciation$80.2K3 Dec 31, 2022$57.7K3 Dec 31, 2021+39.1%
Property and equipment, net$74.2K3 Dec 31, 2022$92.6K3 Dec 31, 2021−19.8%
Operating-lease assets (leased space)$944.5K3 Dec 31, 2022$99.1K3 Dec 31, 2021+853.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$196.2K3 Dec 31, 2022$71.8K3 Dec 31, 2021+173.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.5M3 Dec 31, 2022$1.5M3 Dec 31, 20210%
Finite-lived intangibles, gross$8.3M3 Dec 31, 2022$8.0M3 Dec 31, 2021+3.6%
Accumulated amortization-$5.3M3 Dec 31, 2022-$4.0M3 Dec 31, 2021−31.5%
Finite-lived intangibles, net$278.0K7 Dec 31, 2021$753.8K7 Dec 31, 2020−63.1%

Leadership

Who has led iCoreConnect Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Frederick Zolla2008–2009
  2. Robert P. McDermott2018–2023

Chair

  1. Frederick Zolla2008

President

  1. Thomas Christopher Dorsett2008–2009
  2. Robert P. McDermott2020–2023

Chief financial officer

  1. Thomas Joseph Owens2008
  2. Donald Sproat2016
  3. Scott A. Malmanger2018–2019
  4. Harold Lee Goetsch2021
  5. Archit Shah2021–2023

Chief operating officer

  1. Donald B. Douglas2016–2018
  2. Jefff Wayne Stellinga2022–2023
2010201520202025
Board members and other officers (15)

Former names

  • iMedicorJun 25, 2010 to Jun 30, 20172
  • Vemics, Inc.Aug 13, 2007 to Jun 15, 20102

Timeline

  1. Jul 28, 20238-K Shareholder vote35
  2. May 25, 20238-K Earlier financial statements no longer reliable36
  3. May 19, 20238-K Other events37
  4. Apr 14, 20238-K Executive or director change38
  5. Apr 14, 20238-K Executive or director change39
  6. Apr 14, 20238-K Executive or director change40
  7. Jan 27, 20238-K Executive or director change41
  8. Jan 6, 20238-K Entered a material agreement; Regulation FD disclosure42
  9. Jan 4, 20238-K Executive or director change43
  10. Jan 4, 20238-K Executive or director change44
  11. Jan 3, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares45
  12. Dec 29, 20228-K Executive or director change46
  13. Sep 12, 2018New chief executive Robert P. McDermott becomes CEO10
  14. Apr 2, 2008New chief executive Frederick Zolla becomes CEO11

Filings

94 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 21 major events, 52 insider forms, 10 other. The latest 20:

  1. Aug 29, 202315-12G EDGAR
  2. Aug 14, 202310-Q EDGAR
  3. Jul 28, 20238-K EDGAR
  4. Jul 27, 20234 EDGAR
  5. Jul 27, 20234 EDGAR
  6. Jul 27, 20234 EDGAR
  7. Jul 27, 20234 EDGAR
  8. Jul 27, 20234/A FORM 4 A EDGAR
  9. Jul 26, 20234 EDGAR
  10. Jul 26, 20234 EDGAR
  11. Jul 26, 20234 EDGAR
  12. Jul 26, 20234 EDGAR
  13. Jul 12, 2023DEFM14A EDGAR
  14. Jun 16, 202310-Q EDGAR
  15. Jun 16, 202310-Q/A EDGAR
  16. Jun 16, 202310-K/A EDGAR
  17. May 25, 20238-K EDGAR
  18. May 19, 20238-K EDGAR
  19. May 15, 2023NT 10-Q EDGAR
  20. May 4, 2023DEFM14A EDGAR

The 94 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

47 open-market trades by officers, directors and large owners since October 2021: 47 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Feb 8, 2023McDermott Kevin PatrickDirectorBuy100,000$0.10$10.0KForm 4
Jan 31, 2023McDermott Robert PCEO & PresidentBuy815,452$0.10$81.5KForm 4
Jan 15, 2023Stellinga Jeff WayneCOOBuy500,000$0.10$50.0KForm 4
Jan 15, 2023Stellinga Jeff WayneCOOBuy500,000$0.10$50.0KForm 4
Dec 8, 2022McDermott Robert PCEO & PresidentBuy20,790$0.09$1.9KForm 4
Dec 6, 2022DeSanti Robert ABuy265,171$0.08$21.2KForm 4
Nov 23, 2022McDermott Robert PCEO & PresidentBuy32,090$0.08$2.6KForm 4
Nov 23, 2022Shah ArchitCFOBuy6,300$0.08$504Form 4
Nov 22, 2022McDermott Robert PCEO & PresidentBuy7,090$0.07$496Form 4
Nov 22, 2022Stellinga Jeff WayneCOOBuy10,000$0.07$700Form 4
Nov 18, 2022Shah ArchitCFOBuy2,900$0.07$203Form 4
Sep 15, 2022McDermott Robert PCEO & PresidentBuy4,000$0.10$400Form 4
Sep 15, 2022Stellinga Jeff WayneCOOBuy5,000$0.10$500Form 4
Sep 14, 2022McDermott Robert PCEO & PresidentBuy15,010$0.10$1.5KForm 4
Sep 14, 2022Stellinga Jeff WayneCOOBuy1,000$0.11$110Form 4
Sep 9, 2022McDermott Robert PCEO & PresidentBuy16,200$0.11$1.8KForm 4
Sep 9, 2022Shah ArchitCFOBuy5,100$0.11$561Form 4
Sep 8, 2022Shah ArchitCFOBuy12,300$0.10$1.2KForm 4
Sep 7, 2022McDermott Robert PCEO & PresidentBuy48,190$0.10$4.8KForm 4
Sep 7, 2022Stellinga Jeff WayneCOOBuy6,100$0.11$701Form 4

All 47 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

SEC filer profile

How iCoreConnect Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARiCoreConnect Inc.1
  • CIK0001408057
  • Employer ID (EIN)13-41828671
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNevada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • Business address529 E. Crown Point Road, Suite 250, Ocoee, FL 347611
  • Phone888-810-77061
  • Shares outstanding197,454,470 as of Aug 14, 20239
  • Public float$9.7M as of Jun 30, 20223
  • On EDGAR sinceAug 13, 20071
  • Filings366 in all: 4 (98), 8-K (86), 10-Q (36), 3 (32), NT 10-Q (14), 10-K (12), UPLOAD (12), CORRESP (8)1
    All 36 form types

    NT 10-K (8), 10-K/A (7), D/A (6), 8-K/A (4), 10-12G/A (3), 10-Q/A (3), 4/A (3), DEF 14A (3), PRER14A (3), SC 13D (3), 10-12G (2), 10SB12G (2), DEFM14A (2), EFFECT (2), RW (2), S-1 (2), SC 13D/A (2), 10QSB (1), 15-12G (1), 424B5 (1), 425 (1), D (1), DEFR14A (1), PRE 14C (1), REVOKED (1), S-1/A (1), SC 13G (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 23, 2023
    Quarterly report (10-Q) Aug 14, 2023
    Proxy statement (DEF 14A) Apr 29, 2020
    Latest 8-K (8-K) Jul 28, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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