MELVILLE, N.Y.--(BUSINESS WIRE)--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identification validation solutions, today announced it has successfully completed intensive third-party surveillance audits to retain certification status for another year from the International Standards Organization for ISO/IEC 27001:2013 and ISO/IEC 27701:2019 certification. Intellicheck CEO Bryan Lewis said the recertifications underscore the company’s dedic ...

MELVILLE, N.Y.--(BUSINESS WIRE)--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identification validation solutions, today announced it demonstrated unparalleled identity validation technology performance accuracy in research conducted by independent international fraud consulting company Greenway Solutions. The research report also provided important industry insight into how and where identity validation is used and the role of identity val ...

MELVILLE, N.Y.--(BUSINESS WIRE)--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identification validation solutions, today announced advancements for digital users of the Intellicheck Identity Platform. Clients integrating the new Capture process can be up and running with no more than two simple web hooks. The new digital authentication experience does not require any significant development or programming time and is simply and rapidly imp ...

MELVILLE, N.Y.--(BUSINESS WIRE)--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identification validation solutions, today announced that CEO Bryan Lewis has been invited to give a brief follow up presentation at the virtual Emerging Growth Conference 66 on January 11, 2024. Lewis previously presented on December 7, 2023. Intellicheck CEO Bryan Lewis will be presenting at the conference on January 11 from 3:40 to 3:50 p.m. ET. This live, int ...

Index UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File No.: 001-15465 Intellicheck, Inc. (Exact name of Registrant as specified in its charter) Delaware 11-32347 ...

Intellicheck, Inc. (NASDAQ:IDN) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Gar Jackson - Global Investor Relations Bryan Lewis - Chief Executive Officer & Director Jeffrey Ishmael - Chief Financial Officer Conference Call Participants Rudy Kessinger - D.A. Davidson Jeff Van Rhee - Craig-Hallum Capital Group Scott Buck - H.C. Wainwright & Co. Operator Good afternoon, welcome to the Intellicheck Q2 2023 Earnings Call. [Operator Instructions] It is now my pleasure to intro ...

Index UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Form 10-Q For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File No.: 001-15465 Intellicheck, Inc. (Exact name of Registrant as specified in its charter) Delaware 11-3234779 (S ...

Index ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File No.: 001-15465 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q Intellicheck, Inc. (Exact name of Registrant as specified in its charter) (State or Other Juris ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________ FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File No.: 001-15465 Intellicheck, Inc. (Exact name of Re ...

Financial Data and Key Metrics Changes - SaaS revenues increased by 22% year-over-year, reaching $3.970 million compared to $3.245 million in Q3 2021 [6][29] - Adjusted EBITDA for Q3 2022 was a positive $75,000, a significant improvement from a loss of $272,000 in Q3 2021 [7][31] - The company reported a net loss of $724,000 for Q3 2022, an improvement from a net loss of $1.26 million in the same period last year [31] Business Line Data and Key Metrics Changes - The gross profit margin increased to 91.1% in Q3 2022, up from 68.7% in Q3 2021, primarily due to lower equipment sales [30] - Financial services company number 3 renewed their contract with a commitment to a minimum of 20% increase in transactions in the first year [12] - Financial services company number 4 experienced a 67% increase in transaction volumes [13] Market Data and Key Metrics Changes - Traditional identity theft grew by 79% in 2021, with losses reaching $24 billion, indicating a significant market need for the company's services [9] - Account takeover fraud increased by 90% to $11.4 billion, highlighting the urgency for effective identity validation solutions [9] Company Strategy and Development Direction - The company is focusing on expanding its SaaS offerings and enhancing its technology solutions to address the growing identity theft problem [6][10] - New product introductions, such as business intelligence tools, are aimed at providing clients with deeper insights into transaction data [21] - The company is strengthening its sales team with industry-experienced personnel to drive growth in targeted verticals [22][36] Management's Comments on Operating Environment and Future Outlook - Management noted that there has not been a significant pullback in retail activity despite economic uncertainties [41] - The company is optimistic about regaining momentum and scaling operations effectively with improved financial processes [33][36] - Management expressed confidence in the growth potential of both existing and new clients, particularly in the financial services sector [62] Other Important Information - The company achieved SOC 2 Type 2 certification and is in the process of obtaining ISO 27001 and 27701 certifications, which are crucial for international expansion [25] - The company has a cash balance of $11.8 million and a working capital of $9.2 million as of September 30, 2022 [32] Q&A Session Summary Question: Retail environment and consumer behavior - Management indicated no significant pullback in retail activity so far, with real-time data supporting this observation [41] Question: Legacy business revenue contribution - The majority of revenue still comes from legacy business, although the percentage has decreased as more banks utilize the company's services at teller workstations [43] Question: Future management of positive EBITDA - The company plans to maintain a slightly positive EBITDA while investing in advertising and personnel to support growth [44] Question: Price increases and transaction commitments - Price increases are aligned with contractual commitments, with clients expected to meet transaction growth targets [48] Question: Q4 seasonality expectations - Management anticipates a return to pre-COVID transaction patterns, with Q4 typically accounting for 43% of annual transactions [50] Question: New sales representatives' ramp-up - New sales representatives are ramping up faster than previous hires due to their industry knowledge and training [51] Question: Normalized operating expenses - Management expects operating expenses to remain in a similar range while focusing on efficiency [52] Question: New products and digital applications - The company is expanding its digital applications and use cases, particularly in age-restricted delivery and banking sectors [54]