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, 2021 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 ...

Intellicheck, Inc. (NASDAQ:IDN) Q3 2021 Earnings Conference Call November 10, 2021 4:30 PM ET Company Participants Gar Jackson - IR Bryan Lewis - CEO & Director Billy White - CFO, COO, Treasurer & Secretary Conference Call Participants Michael Grondahl - Northland Capital Markets Scott Buck - H.C. Wainwright & Co. Jeff Van Rhee - Craig-Hallum Rudy Kessinger - D.A. Davidson & Co. Operator Good day, ladies and gentlemen, and welcome to the Intellicheck Third Quarter 2021 Earnings Conference Call. [Operator In ...

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 June 30, 2021 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 | | ...

Financial Data and Key Metrics Changes - Total revenues for Q2 2021 were just shy of $4.8 million, representing a 160% increase compared to $1.8 million in the prior year [12][34] - SaaS revenue was just over $3.2 million, a 93% increase year-over-year and a 16% increase from Q1 2021 [12][33] - The company reported a net loss of $738,000 for the quarter, slightly improved from a net loss of $760,000 in Q2 2020 [13][38] - Adjusted EBITDA was negative $46,000, an improvement from negative $619,000 in the same quarter last year [13][38] - Gross profit as a percentage of revenue was 69.4%, down from 88.6% in Q2 2020, but 93.3% when excluding hardware sales [36] Business Line Data and Key Metrics Changes - Digital transaction volumes increased by 484% over the past 12 months, representing about 6% of all non-age regulated transactions [14] - The company delivered half of the hardware order for teller workstations during Q2 [12] Market Data and Key Metrics Changes - Same-store volumes improved but remained down 10% overall compared to 2019, with improvements noted each month [13] - The digital side of the business continues to grow, with significant increases in digital transaction volumes [14] Company Strategy and Development Direction - The company is revamping its pricing model to increase prices upon renewals, which has been well received by clients [11][27] - There is a focus on expanding the sales team and increasing awareness of the company, resulting in a six-fold increase in qualified sales leads [25] - The company is working to bundle products to assist fintech companies with KYC functions, aiming to expand into larger identity markets [29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth, citing a realistic pipeline and the effectiveness of recent hiring initiatives [23][31] - The company is committed to investing in sales and marketing to enhance client understanding of its unique offerings [31] Other Important Information - As of June 30, 2021, the company had net cash of $11.9 million and working capital of $13.3 million [39] - The company signed 22 NDAs in July alone, indicating strong interest from potential clients [74] Q&A Session Summary Question: Can you break down the 93% SaaS growth year-over-year? - Management indicated that the majority of growth came from new usage at existing clients and new client additions, with larger contracts coming up for renewal [43][44] Question: What does the backlog look like for new implementations? - There are about 40 implementations in backlog, with hopes to complete them this year, although some delays may occur on the customer side [46][47] Question: How are leads and pipeline evolving? - Leads have increased six-fold, primarily from age-restricted product sales, which are highly profitable [54] Question: What is the typical ramp-up period for new sales hires? - A good sales person typically takes three to four months to become productive, with new hires showing quicker adaptation than expected [64] Question: What is the expected impact of new partnerships on revenue? - New partnerships could represent a significant portion of revenue, as the company aims to expand its reseller network [56][58] Question: What is the sustainability of the growth in age-restricted products? - The majority of growth is currently from alcohol delivery, with cannabis being a smaller segment due to advertising restrictions [82] Question: What is the conversion rate from NDAs to contracts? - The conversion rate is high, with most NDAs still active or in contract negotiations [87] Question: How are fraud losses shared between banks and retailers? - The traditional model remains where banks typically absorb fraud losses, but retailers are incentivized to use the company's solutions to speed up credit card processing [88][90]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q For the quarterly period ended March 31, 2021 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 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification ...

Intellicheck, Inc. (NASDAQ:IDN) Q1 2021 Earnings Conference Call May 4, 2021 4:30 PM ET Company Participants Gar Jackson - Investor Relations Bryan Lewis - Chief Executive Officer Bill White - Chief Financial Officer Conference Call Participants Scott Buck - H.C. Wainwright Mike Grondahl - Northland Securities Roger Liddell - Clear Harbor Asset Management Operator Greetings, and welcome to Intellicheck First Quarter Fiscal Year Earnings conference call. At this time, all participants are in a listen-only mo ...

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, 2020 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 | | ...

Intellicheck, Inc. (NASDAQ:IDN) Q4 2020 Earnings Conference Call March 16, 2020 4:30 PM ET Company Participants Gar Jackson - Investor Relations Bryan Lewis - Chief Executive Officer Bill White - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Kara Anderson - B. Riley & Company Scott Buck - H.C. Wainwright Operator Greetings, and welcome to the Intellicheck Fourth Quarter and Year-End 2020 Earnings Conference Call. [Operator Instructions] A question-and-answer sessi ...

PART I – FINANCIAL INFORMATION [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The financial statements for the period ended September 30, 2020, reflect significant revenue growth, a shift to profitability, and a strengthened balance sheet with **$12.8 million** in cash from a public offering and PPP loan Condensed Balance Sheet Data (Unaudited) | Account | September 30, 2020 ($) | December 31, 2019 ($) | | :--- | :--- | :--- | | **Assets** | | | | Cash | $12,812,322 | $3,350,853 | | Total current assets | $15,076,659 | $5,380,096 | | Goodwill | $8,101,661 | $8,101,661 | | Total assets | $23,905,523 | $13,997,171 | | **Liabilities & Equity** | | | | Total current liabilities | $2,339,700 | $2,201,716 | | Total liabilities | $3,111,855 | $2,247,658 | | Total stockholders' equity | $20,793,668 | $11,749,513 | Statements of Operations Highlights (Unaudited) | Metric | Three Months Ended Sep 30, 2020 ($) | Three Months Ended Sep 30, 2019 ($) | Nine Months Ended Sep 30, 2020 ($) | Nine Months Ended Sep 30, 2019 ($) | | :--- | :--- | :--- | :--- | :--- | | Revenues | $2,698,975 | $1,930,201 | $7,656,442 | $4,767,186 | | Gross Profit | $2,405,276 | $1,671,148 | $6,459,914 | $4,096,848 | | Income (loss) from operations | $25,419 | ($580,524) | ($719,445) | ($2,719,276) | | Net Income (Loss) | $32,412 | ($568,230) | ($701,259) | ($2,654,898) | | Diluted EPS | $0.00 | ($0.04) | ($0.04) | ($0.17) | Statements of Cash Flows Highlights (Unaudited) | Cash Flow Activity (Nine months ended Sep 30) | 2020 ($) | 2019 ($) | | :--- | :--- | :--- | | Net cash used in operating activities | ($310,922) | ($2,089,687) | | Net cash (used in) provided by investing activities | ($407,503) | $14,893 | | Net cash provided by financing activities | $10,179,894 | $456,104 | | **Net increase (decrease) in cash** | **$9,461,469** | **($1,618,690)** | | **Cash, end of period** | **$12,812,322** | **$2,757,327** | - In June 2020, the company completed a public offering of 1,769,230 common stock shares at $6.50 per share, resulting in net proceeds of approximately **$10.57 million** after costs. These funds are intended for general corporate purposes and working capital[22](index=22&type=chunk)[71](index=71&type=chunk) - The company received an unsecured promissory note of **$796,100** and a **$10,000** advance under the Paycheck Protection Program (PPP) in April 2020. The loan has a 1% interest rate and may be forgiven if certain conditions are met[56](index=56&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=18&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes strong performance to significant SaaS revenue growth, enhanced liquidity from a **$10.6 million** public offering and PPP loan, and believes current cash is sufficient for the next 12 months despite COVID-19 uncertainties Revenue and Gross Profit Comparison | Period | Metric | 2020 ($) | 2019 ($) | Change ($) | % Change | | :--- | :--- | :--- | :--- | :--- | :--- | | **3 Months** | Revenue | $2,699,000 | $1,930,000 | +$769,000 | +40% | | | Gross Profit | $2,405,000 | $1,671,000 | +$734,000 | +44% | | **9 Months** | Revenue | $7,656,000 | $4,767,000 | +$2,889,000 | +61% | | | Gross Profit | $6,460,000 | $4,097,000 | +$2,363,000 | +58% | - The primary driver of revenue growth was the Software as a Service (SaaS) segment. SaaS revenue increased by **57%** to **$2.45 million** for the three months ended September 30, 2020, and by **79%** to **$6.36 million** for the nine-month period[94](index=94&type=chunk)[99](index=99&type=chunk) - The company's liquidity position improved significantly, with cash increasing to **$12.8 million** and working capital to **$12.7 million** as of September 30, 2020. This was primarily due to net proceeds of approximately **$10.6 million** from a public stock offering in June 2020[104](index=104&type=chunk)[106](index=106&type=chunk) Reconciliation of GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA | | Three Months Ended Sep 30, ($) | Nine Months Ended Sep 30, ($) | | :--- | :--- | :--- | | | **2020** | **2019** | **2020** | **2019** | | Net income (loss) | $32,412 | ($568,230) | ($701,259) | ($2,654,898) | | Interest and other income | ($6,993) | ($12,294) | ($18,186) | ($64,378) | | Depreciation and amortization | $46,387 | $52,542 | $127,143 | $176,034 | | Stock-based compensation expense | $97,157 | $71,043 | $286,909 | $513,824 | | **Adjusted EBITDA** | **$168,963** | **($456,939)** | **($305,393)** | **($2,029,418)** | [Quantitative and Qualitative Disclosures About Market Risk](index=25&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk is credit concentration from cash deposits, mitigated by holding funds in two financial institutions and periodic evaluations - The company's main financial instruments subject to credit risk are its cash balances, which are held at two financial institutions[123](index=123&type=chunk) [Controls and Procedures](index=25&type=section&id=Item%204.%20Controls%20and%20Procedures) As of September 30, 2020, the CEO and CFO concluded the company's disclosure controls and procedures were effective, with no material changes to internal controls despite remote work - The CEO and CFO evaluated and concluded that the company's disclosure controls and procedures were effective as of September 30, 2020[124](index=124&type=chunk) - No changes in internal controls over financial reporting occurred during the third quarter of 2020 that have materially affected, or are reasonably likely to materially affect, these controls[126](index=126&type=chunk) Part II – OTHER INFORMATION [Legal Proceedings](index=25&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently involved in any legal proceedings expected to materially affect its business - The company is not currently involved in any material legal or regulatory proceedings[72](index=72&type=chunk)[128](index=128&type=chunk) [Risk Factors](index=25&type=section&id=Item%201A.%20Risk%20Factors) The company highlights significant risks from the ongoing COVID-19 pandemic, including potential adverse effects on business, financial performance, liquidity, and stock price due to unpredictable duration and severity - The COVID-19 pandemic has impacted the business and is expected to continue to do so, with the full impact being unpredictable due to factors beyond the company's control[131](index=131&type=chunk) - Pandemic-related measures like stay-at-home orders and business closures disrupt normal operations. The company has transitioned to remote work and virtual events, which may delay sales and harm productivity[133](index=133&type=chunk) - A widespread pandemic could lead to significant disruption of global financial markets, potentially reducing the company's ability to access capital and negatively affecting its liquidity and stock value[134](index=134&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=26&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities during the period - None[136](index=136&type=chunk) [Defaults Upon Senior Securities](index=26&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - None[136](index=136&type=chunk) [Mine Safety Disclosures](index=26&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[136](index=136&type=chunk) [Other Information](index=26&type=section&id=Item%205.%20Other%20Information) The company reported no other information for this period - None[137](index=137&type=chunk) [Exhibits](index=26&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including CEO and CFO certifications and XBRL data - Exhibits filed include Rule 13a-14(a) certifications for the CEO and CFO, Section 1350 certifications, and XBRL instance and taxonomy documents[137](index=137&type=chunk)

Intellicheck, Inc. (NASDAQ:IDN) Q3 2020 Earnings Conference Call November 4, 2020 4:30 PM ET Company Participants Gar Jackson - Investor Relations Bryan Lewis - Chief Executive Officer Bill White - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Scott Buck - H.C. Wainwright Kara Anderson - B. Riley & Company. Roger Liddell - Clear Harbor Asset Management Operator Greetings, and welcome to Intellicheck's Third Quarter 2020 Earnings Call. At this time, all participa ...