secwatch.observer — SEC 8-K summary
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Issuer:     Intellicheck, Inc. (IDN)
CIK:        0001040896
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001628280-22-029862
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intellicheck Q3 SaaS revenue up 22% to $3.97M; adjusted EBITDA positive $75k
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- Record SaaS revenue of $3.97M (+22% YoY); total revenue $4.01M down 17% on prior-year hardware sale.
- Net loss narrowed to ($0.04)/share from ($0.06); adjusted EBITDA positive at $75k versus ($272k).
- Gross margin improved to 91% from 69% due to shift to higher-margin SaaS revenue.
- Cash $11.8M; stockholders' equity $18.3M; no debt besides operating leases.
- CEO Bryan Lewis cites expanded digital applications and growing customer base as growth drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040896/000162828022029862/0001628280-22-029862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040896/000162828022029862/idn-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-029862

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