Intellicheck Inc
NASDAQ:IDN
Intellicheck Inc
Intellicheck, Inc. engages in the development, integration, and marketing of threat and identity authentication solutions. The company is headquartered in Melville, New York and currently employs 49 full-time employees. The firm is engaged in developing, integrating and marketing identity verification solutions, including commercial retail and banking fraud prevention, access control and identity validation. Its primary businesses include Identity Systems products, which include commercial applications of identity card reading authentication. Its products include solutions for preventing identity fraud across any industry delivered via smartphone, tablet, POS integration or other electronic devices. Its products include ID Check, State Aware Software, Data Collection Devices, Instant Credit Application Kiosk Software Applications, and Upgrade Capability. Its software products are designed for use with multiple data collection devices, which are commercially available in various compact forms and may contain either one or both of 2-D bar code and magnetic stripe readers.
Intellicheck, Inc. engages in the development, integration, and marketing of threat and identity authentication solutions. The company is headquartered in Melville, New York and currently employs 49 full-time employees. The firm is engaged in developing, integrating and marketing identity verification solutions, including commercial retail and banking fraud prevention, access control and identity validation. Its primary businesses include Identity Systems products, which include commercial applications of identity card reading authentication. Its products include solutions for preventing identity fraud across any industry delivered via smartphone, tablet, POS integration or other electronic devices. Its products include ID Check, State Aware Software, Data Collection Devices, Instant Credit Application Kiosk Software Applications, and Upgrade Capability. Its software products are designed for use with multiple data collection devices, which are commercially available in various compact forms and may contain either one or both of 2-D bar code and magnetic stripe readers.
Record Revenue Growth: Intellicheck's Q3 2025 revenue rose 28% year-over-year to $6 million, marking a third quarter record.
Profitability Achieved: The company posted positive net income of $290,000 and earnings per share of $0.01, reversing a loss last year.
Strong Margins: Gross margin held at about 91%, and adjusted gross margin improved to 92.8%. Operating expenses remained flat, supporting margin gains.
Key Customer Wins: Major contributions came from a regional bank rollout, sizable deals with existing banking clients, and significant expansion in title insurance and auto sectors.
Diversification: Revenue mix continues shifting away from retail (now 30% of revenue, down from prior years) toward banking, lending, title, and other verticals.
Cash Position Robust: Cash and equivalents ended at $7.2 million, with expectations for similar or higher balances by year-end.
Technology Progress: Significant product launches included new OCR, desktop, and mobile SDK solutions, and completion of key AWS migration.
Positive Outlook: Management expects to remain profitable and deliver positive adjusted EBITDA for the full year 2025.
