secwatch.observer — SEC 8-K summary
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Issuer:     INTERLINK ELECTRONICS INC (LINK)
CIK:        0000828146
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001104659-24-087684
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interlink Electronics Q2 revenue down 28% to $2.9M; net loss of $307K vs prior-year profit
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- Revenue $2.9M, down 28% YoY due to lower force-sensor and gas-sensor shipments; membrane keypad sales partially offset.
- Gross margin 45.0% (down from 50.9%) on product mix shift; net loss $(307K) vs income $381K in prior year.
- Adjusted EBITDA loss $(80K) vs positive $579K in Q2 2023.
- Cost reduction initiatives expected to save >$500K annually; headcount reduction and supplier changes.
- Cash $4.0M; expanding operations with new R&D center in Fremont (Q4 2024) and planned European sales office.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828146/000110465924087684/0001104659-24-087684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828146/000110465924087684/tm2421223d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-087684

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