Intellicheck SEC Filings

Intellicheck, Inc. filed a Form S-3 shelf registration to offer up to $30,000,000 of securities, including common stock, preferred stock, debt, warrants and units. The company intends to use net proceeds for working capital and general corporate purposes, giving management discretion to allocate funds. Intellicheck has authority to issue 40,000,000 shares of common stock, of which 20,037,271 were issued and outstanding and held of record by 28 stockholders as of August 14, 2025. The company may issue up to 1,000,000 shares of preferred stock; none were outstanding as of that date. Common stock trades on Nasdaq under the symbol IDN. The prospectus highlights investor risks and incorporates by reference the company’s Annual Report for the year ended December 31, 2024 and subsequent SEC filings for detailed risk factors and financial statements.

Intellicheck, Inc. reported quarterly revenue of $5.12 million for the three months ended June 30, 2025, up 10% from $4.67 million a year earlier, driven by higher SaaS transaction volumes. Gross profit remained high at about 90% of revenue, though the company recorded a net loss of $0.25 million for the quarter versus a $0.13 million loss in the prior-year quarter. For the six months, revenue grew 7% to $10.02 million while net loss was unchanged at $0.57 million year-over-year.

Liquidity strengthened: cash and cash equivalents rose to $8.57 million, working capital was $7.08 million, and operating activities generated $3.88 million of cash in the first half. Deferred revenue increased to $3.04 million, indicating contracted future performance obligations. Material items disclosed include a concentrated customer base representing 58% of six-month revenues, capitalized software of $2.67 million, goodwill of $8.10 million, and no outstanding borrowings under a $2.0 million revolving credit facility.

Intellicheck, Inc. furnished a press release reporting its results of operations for the second quarter ended June 30, 2025. The Current Report does not include the underlying financial figures; instead the press release is attached to the filing as Exhibit 99.1 and an Inline XBRL cover page is provided as Exhibit 104.

The filing clarifies that the information and exhibit are furnished and are not deemed to be "filed" for purposes of Section 18 of the Exchange Act, and are not incorporated by reference into other securities filings unless explicitly stated. The detailed, quantitative results are contained in the attached press release.

Intellicheck, Inc. (IDN) — Form 4 Insider Transaction

Director David E. Ullman reported the vesting of 2,381 Restricted Stock Units (RSUs) on 14 July 2025. Upon vesting, the RSUs converted into an equal number of common shares at a stated conversion price of $5.25, although the RSU settlement itself carried $0 cost to the insider. Following the transaction, Ullman holds 2,381 derivative securities directly. No sales or disposals were disclosed.

The filing represents a routine equity-compensation event rather than an open-market purchase or sale. The aggregate market value is modest (≈ $12 k based on the stated price), implying limited impact on Intellicheck’s share float or insider-sentiment signals. No additional financial metrics, earnings data, or strategic commentary were included in this Form 4.