secwatch.observer — SEC 8-K summary
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Issuer:     Intellicheck, Inc. (IDN)
CIK:        0001040896
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001040896-23-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040896/000104089623000031/0001040896-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040896/000104089623000031/idn-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001040896-23-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer