---
schema_version: "secwatch.filing_event.v1"
accession: "0001040896-23-000031"
form_type: "8-K"
ticker: "IDN"
cik: "0001040896"
company_name: "Intellicheck, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T07:54:30.464802+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intellicheck Q1 revenue up 25% to record $4.25M; SaaS +26%; net loss narrows to $1.32M

## Summary
- Total revenue $4.254M vs $3.395M YoY (+25%); SaaS revenue $4.228M vs $3.353M (+26%).
- Net loss improved to ($1.316M) or ($0.07) per diluted share from ($1.468M) or ($0.08) YoY.
- Adjusted EBITDA loss narrowed to ($0.558M) from ($0.807M) YoY; gross margin expanded to 92.2% from 90.7%.
- Cash and short-term investments $10.2M; stockholders' equity $17.8M as of March 31, 2023.
- Operating expenses rose 15% to $5.232M, including $0.682M in non-cash stock compensation.

## SEC filing metadata
- accession: 0001040896-23-000031
- form_type: 8-K
- ticker: IDN
- cik: 0001040896
- company_name: Intellicheck, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040896/000104089623000031/0001040896-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040896/000104089623000031/idn-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040896-23-000031
- JSON: https://secwatch.observer/filing/0001040896-23-000031.json
- Plain text: https://secwatch.observer/filing/0001040896-23-000031.txt

## Key facts
- Earnings Releases
  Intellicheck, Inc. reported the first quarter ended March 31, 2023 results: revenue $4,254,000, net income ($1,316,000) or ($0.07) per diluted share, EPS ($0.07) per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $4,254,000
  - Net income: ($1,316,000) or ($0.07) per diluted share
  - EPS: ($0.07) per diluted share
  - Result: reported results
  source text: Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation solutions, today announced its financial results for the first quarter ended March 31, 2023. Total revenue for the first quarter ended March 31, 2023 grew 25% to $4,254,000 compared to $3,395,000 in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040896/000104089623000031/0001040896-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.