earnings
confidence high
sentiment positive
materiality 0.70
Intellicheck Q2 net loss narrows to $127K; operating expenses down 14.8% YoY
Intellicheck, Inc.
2024-Q2 EPS reported
-$0.03
revenue$9,352,000
- Total revenue $4.672M, down 0.9% YoY; SaaS revenue $4.627M, down 0.8%.
- Net loss improved to ($127K) or ($0.01) per diluted share vs. ($853K)/($0.04) in Q2 2023.
- Operating expenses fell 14.8% to $4.443M from $5.213M; non-cash equity comp was $72K.
- Adjusted EBITDA was ($70K) vs. $36K in prior year quarter.
- Cash and equivalents $7.3M; stockholders' equity $17.3M as of June 30, 2024.