secwatch.observer — SEC 8-K summary
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Issuer:     Intellicheck, Inc. (IDN)
CIK:        0001040896
Form:       8-K
Filed at:   2026-08-13T20:10:04+00:00
Accession:  0001040896-26-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intellicheck Q2 revenue up 16% to $5.9M, net income $0.7M; warns customer ~29% of revenue shifting to multi-source
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- Revenue $5.9M, +16% YoY, Q2 record; SaaS substantially all revenue.
- Net income $0.7M vs loss $0.3M; adjusted EBITDA $1.1M vs $0.1M, fifth consecutive positive quarter.
- Gross margin 91%, cash $11.8M, no debt; operating expenses flat at $4.9M.
- Customer representing ~29% of H1 2026 revenue shifting to multi-source vendor, testing alternative; expects negative impact on transactions, main phase started late July.
- Excluding that customer, remaining base grew ~19% in H1; company expects positive adjusted EBITDA in H2 and profitable full year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040896/000104089626000034/0001040896-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040896/000104089626000034/idn-20260813.htm
  HTML page:      https://secwatch.observer/filing/0001040896-26-000034

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