IDN · Intellicheck, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.52M | - | $6.01M | $5.12M | $4.89M | - | $4.71M | $4.67M | $4.68M | - |
| Cost of Revenue | $499.0K | - | $571.0K | $523.0K | $502.0K | - | $424.0K | $444.0K | $435.0K | - |
| Gross Profit | $5.03M | - | $5.44M | $4.60M | $4.39M | - | $4.29M | $4.23M | $4.25M | - |
| R&D | $1.24M | - | $1.39M | $1.36M | $1.29M | - | $1.18M | $835.0K | $819.0K | - |
| SG&A | $3.24M | - | $3.81M | $3.54M | $3.45M | - | $4.02M | $3.61M | $3.95M | - |
| Total Operating Expenses | $4.48M | - | $5.21M | $4.90M | $4.74M | - | $5.20M | $4.44M | $4.77M | - |
| D&A | $193.0K | - | $49.0K | $47.0K | $154.0K | - | $47.0K | $46.0K | $72.0K | - |
| Operating Income | $542.0K | - | $238.0K | ($298.0K) | ($348.0K) | - | ($910.0K) | ($215.0K) | ($523.0K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $2.0K | - |
| Net Income | $636.0K | - | $290.0K | ($251.0K) | ($318.0K) | - | ($837.0K) | ($127.0K) | ($442.0K) | - |
| EPS - Basic | $0.03 | - | $0.01 | ($0.01) | ($0.02) | - | ($0.04) | ($0.01) | ($0.02) | - |
| EPS - Diluted | $0.03 | - | $0.01 | ($0.01) | ($0.02) | - | ($0.04) | ($0.01) | ($0.02) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.06M | $9.65M | $7.22M | $8.57M | $5.15M | $4.67M | $5.75M | $7.26M | $9.24M | $3.98M |
| Accounts Receivable | $5.74M | $3.37M | $6.28M | $2.68M | $7.51M | $4.67M | $3.37M | $3.31M | $2.74M | $4.70M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $425.0K | $226.0K | $463.0K | $495.0K | $610.0K | $443.0K | $848.0K | $909.0K | $1.12M | $884.0K |
| Current Assets | $16.70M | $13.91M | $14.50M | $12.14M | $13.53M | $9.91M | $9.65M | $11.22M | $12.64M | $14.38M |
| Total Assets | $27.11M | $24.48M | $25.26M | $23.07M | $24.56M | $20.93M | $20.68M | $21.92M | $22.61M | $23.81M |
| Current Liabilities | $5.58M | $3.78M | $6.35M | $5.06M | $6.95M | $3.19M | $3.95M | $4.61M | $5.44M | $6.53M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.58M | $3.78M | $6.35M | $5.06M | $6.95M | $3.19M | $3.95M | $4.61M | $5.44M | $6.53M |
| Stockholders' Equity | $21.53M | $20.70M | $18.91M | $18.00M | $17.61M | $17.75M | $16.73M | $17.31M | $17.18M | $17.28M |
| Retained Earnings | ($132.57M) | ($133.21M) | ($134.76M) | ($135.05M) | ($134.80M) | ($134.48M) | ($134.97M) | ($134.13M) | ($134.01M) | ($133.56M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $445.0K | - | - | - | $750.0K | - | - | - | $869.0K | - |
| Investing Cash Flow | ($33.0K) | - | - | - | ($173.0K) | - | - | - | $4.39M | - |
| Financing Cash Flow | $0 | - | - | - | ($95.0K) | - | - | - | $0 | - |
| CapEx | $33.0K | - | - | - | $9.0K | - | - | - | $9.0K | - |
| Free Cash Flow | $412.0K | - | - | - | $741.0K | - | - | - | $860.0K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 91.0% | - | 90.5% | 89.8% | 89.7% | - | 91.0% | 90.5% | 90.7% | - |
| Operating margin | 9.8% | - | 4.0% | -5.8% | -7.1% | - | -19.3% | -4.6% | -11.2% | - |
| EBITDA margin | 13.3% | - | 4.8% | -4.9% | -4.0% | - | -18.3% | -3.6% | -9.6% | - |
| Net margin | 11.5% | - | 4.8% | -4.9% | -6.5% | - | -17.8% | -2.7% | -9.4% | - |
| Free cash flow margin | 7.5% | - | - | - | 15.1% | - | - | - | 18.4% | - |
| FCF / Net income | 0.65 | - | - | - | -2.33 | - | - | - | -1.95 | - |
| R&D / Revenue | 22.5% | - | 23.1% | 26.6% | 26.3% | - | 25.0% | 17.9% | 17.5% | - |
| SG&A / Revenue | 58.7% | - | 63.4% | 69.0% | 70.6% | - | 85.3% | 77.2% | 84.4% | - |
| Effective tax rate | 0.0% | - | 0.0% | - | - | - | - | - | - | - |
| Return on assets | 2.3% | - | 1.1% | -1.1% | -1.3% | - | -4.0% | -0.6% | -2.0% | - |
| Return on equity | 3.0% | - | 1.5% | -1.4% | -1.8% | - | -5.0% | -0.7% | -2.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.99 | 3.68 | 2.28 | 2.40 | 1.95 | 3.11 | 2.44 | 2.43 | 2.32 | 2.20 |
| Quick ratio | 2.99 | 3.68 | 2.28 | 2.40 | 1.95 | 3.11 | 2.44 | 2.43 | 2.32 | 2.20 |
| Cash ratio | 1.80 | 2.55 | 1.14 | 1.69 | 0.74 | 1.46 | 1.46 | 1.58 | 1.70 | 0.61 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.26 | 1.18 | 1.34 | 1.28 | 1.39 | 1.18 | 1.24 | 1.27 | 1.32 | 1.38 |
| Liabilities / Assets | 0.21 | 0.15 | 0.25 | 0.22 | 0.28 | 0.15 | 0.19 | 0.21 | 0.24 | 0.27 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | - | 0.24 | 0.22 | 0.20 | - | 0.23 | 0.21 | 0.21 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 379d | - | 381d | 191d | 560d | - | 262d | 259d | 214d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 311d | - | 296d | 345d | 444d | - | 730d | 747d | 941d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 233.0x | - | 520.0x | - | - | - | - | - | - | - |
| P / B | 6.8x | - | 5.7x | 5.9x | 3.4x | - | 2.5x | 3.8x | 3.9x | - |
| P / S | 26.4x | - | 18.0x | 20.8x | 12.3x | - | 9.0x | 14.2x | 14.4x | - |
| EV / EBITDA | 184.6x | - | 351.5x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.9% | - | 27.7% | 9.7% | 4.6% | - | -1.1% | -0.9% | 10.0% | - |
| Revenue CAGR (3y) | 9.1% | - | 14.4% | 8.5% | 13.0% | - | -0.9% | -0.9% | 17.8% | - |
| Revenue CAGR (5y) | 14.1% | - | 17.4% | 22.7% | 9.5% | - | 35.3% | 24.6% | 29.6% | - |
| Gross profit growth (YoY) | 14.4% | - | 27.0% | 8.8% | 3.5% | - | -1.1% | -3.1% | 8.2% | - |
| Operating income growth (YoY) | - | - | - | -38.6% | 33.5% | - | -11.7% | 72.2% | 60.1% | - |
| Net income growth (YoY) | - | - | - | -97.6% | 28.1% | - | -30.0% | 83.7% | 66.4% | - |
| EPS growth (YoY) | - | - | - | 0.0% | 0.0% | - | -33.3% | 75.0% | 71.4% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -44.4% | - | - | - | -13.8% | - | - | - | 298.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 22.3% | 16.6% | 13.0% | 4.0% | 2.5% | 2.7% | -2.0% | -0.2% | -3.7% | -6.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$22.67M totalSoftware As AService Saa S$22.44M · 99.0%
Other$211.0K · 0.9%
Equipment$19.0K · 0.1%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Intellicheck against the 5 most active filers in the same SIC group.