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( Mark One ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( D ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( D ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_ to Title of each class Common Stock , $ .01 par value FORM 10 - K Georgia ( State or other jurisdiction of incorporation or organization ) Commission file number 1-9330 4355 Shackleford Road , Norcross , Georgia ( Address of principal executive offices ) INTELLIGENT SYSTEMS CORPORATION ( Exact name of registrant as specified in its charter ) Large accelerated filer Non - accelerated filer Registrant's telephone number : ( 770 ) 381-2900 Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) . INS 58-1964787 ( I.R.S. Employer Identification No. ) 30093 ( Zip Code ) Name of each exchange on which registered NYSE American Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes NO □ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the registrant was required to submit and post such files ) . Yes No M Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer or a smaller reporting company . See the definitions of " large accelerated filer " , " accelerated filer " and " smaller reporting company " in Rule 12b - 2 of the Exchange Act . Accelerated filer Smaller reporting company Emerging growth company ☐ ☐ ☐ If an emerging growth company , indicate by check mark if the registrant has elected not to use to the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . □ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No The aggregate market value of the registrant's common stock held by non - affiliates on June 30 , 2020 was $ 208,401,926 ( computed using the closing price of the common stock on June 30 , 2020 as reported by the NYSE American ) . As of February 28 , 2021 , 8,928,885 shares of common stock of the registrant were outstanding . DOCUMENTS INCORPORATED BY REFERENCE : Portions of the registrant's Proxy Statement for the Annual Meeting of Shareholders to be held May 27 , 2021 are incorporated by reference in Part III hereof .