Every 10-Q that Intellicheck, Inc. (IDN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IDN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IDN filings page.
Intellicheck, Inc. reported strong year-over-year improvement for the quarter and six months ended June 30, 2026. Revenue grew to $5.9M for the quarter and $11.5M year‑to‑date, driven mainly by higher Software‑as‑a‑Service (SaaS) transaction volumes. Gross margin remained very high at about 91%, and operating expenses declined modestly, resulting in a swing from net losses in 2025 to net income of $663K for the quarter and $1.3M for the first half of 2026.
The company ended June 30, 2026 with $11.8M in cash and no debt, working capital of $12.2M, and stockholders’ equity of $22.5M. Management expects existing cash and operating cash flow to cover working capital needs for at least 12 months and continues to report effective internal controls. However, one major customer contributed 29% of first‑half 2026 revenue and is transitioning many identity‑verification use cases to an alternative vendor. Based on the customer’s plan, Intellicheck expects a 70–75% reduction in that customer’s transaction volumes in the second half of 2026 and now anticipates total 2026 revenue will decline versus 2025, while still remaining net‑income positive and generating positive Adjusted EBITDA.
Intellicheck, Inc. reported stronger results for the three months ended March 31, 2026, with revenue of $5,524 versus $4,894 a year earlier, driven mainly by SaaS revenue of $5,514. Net income was $636, compared with a net loss of $(318) in the prior-year period.
Gross profit rose to $5,025, a 91% margin, while operating expenses fell to $4,483, reflecting lower headcount. Adjusted EBITDA improved to $935. The company ended the quarter with cash and cash equivalents of $10,062, no debt, working capital of $11,119, and expects existing resources to cover at least the next 12 months.
Intellicheck (IDN) reported improved results for the quarter ended September 30, 2025. Revenue reached $6,014, up 28% from a year ago, driven by stronger SaaS demand. SaaS revenue was $5,868, and gross margin held at 91%, reflecting the scalability of its subscription model.
The company posted net income of $290, a turnaround from a prior-year loss, as operating expenses were essentially flat year over year. Year-to-date operating cash flow was $2,147, supporting a cash balance of $7,223 and working capital of $8,150. Deferred revenue rose to $4,192 from $1,001 at year-end, aligning with subscription billings and contracted performance obligations of $4,192 expected through 2026.
Three customers accounted for 55% of year-to-date revenue, underscoring concentration risk common in enterprise SaaS adoption. Management states existing cash, projected resources and revenue are expected to meet working capital needs for at least the next 12 months.
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.