Summary of Identiv (INVE) Update / Briefing on Wine Authentication Industry Overview - The focus of the briefing is on the wine industry, specifically addressing wine authentication and protection against counterfeiting through innovative technologies such as IoT and AI [2][5][12]. Key Points and Arguments 1. **Partnership and Technology**: The collaboration involves Identiv, Genuine Analytics, and Zaytap, combining their expertise to create a solution for wine authentication that includes NFC tags, scientific verification, and blockchain technology [2][5][48]. 2. **Counterfeit Wine Problem**: The wine industry is valued at approximately €350 billion, with an estimated 20% of revenues (around €70 billion) attributed to counterfeit wines, highlighting the need for effective authentication solutions [12][66]. 3. **Authentication Methodology**: Genuine Analytics has developed a unique authentication methodology using mass spectrometry combined with AI, allowing for the generation of unique profiles for each wine, which can distinguish between millions of different wines [18][75]. 4. **NFC Tag Features**: The NFC tags used are designed specifically for wine bottles, featuring tamper-proof mechanisms and dynamic encryption to prevent cloning and ensure authenticity [42][45][50]. 5. **User Experience**: Consumers can easily verify the authenticity of wine bottles using a mobile app that interacts with the NFC tag, providing immediate feedback on the wine's status (authentic, tampered, etc.) [48][52]. 6. **Market Applications**: The technology is not limited to vintage wines but can be applied to any wine, making it useful for winemakers, collectors, and auction houses [26][71]. 7. **Sustainability**: Eco-friendly versions of the NFC tags can be produced, using sustainable materials instead of standard PET [69]. 8. **Accuracy of Analysis**: The authentication method has shown a 98% accuracy rate, particularly effective for distinguishing between similar wines from the same vintage [91]. Additional Important Content - **Growth of Database**: Genuine Analytics has built a database of approximately 1,400 reference wines, with the oldest dating back to 1874, primarily consisting of red wines from France [23][24]. - **Challenges in Analysis**: The method relies on having a reference wine in the database for accurate comparison; without it, the analysis may struggle [87]. - **Consumer Adoption**: There is a growing familiarity with NFC technology among consumers, driven by its use in payment systems, which is expected to enhance the adoption of wine authentication solutions [84]. - **Future Applications**: The technology has potential applications beyond wine, including other alcoholic and non-alcoholic beverages, demonstrating versatility in product authentication [28][71]. This summary encapsulates the key insights from the Identiv briefing, emphasizing the innovative approaches to combat counterfeiting in the wine industry and the collaborative efforts of the involved companies.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 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 Number: 000-29440 IDENTIV, INC. (Exact Name of Registrant as Specified in its Charter) DELAWARE 77-0444317 (State or other ju ...

Identiv, Inc. (INVE) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Identiv shares have lost about 12.6% since the beginning of the year versus the S ...

Identiv (INVE) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Kirsten Newquist - CEOJustin Scarpulla - CFOStacy Che - Senior Associate Conference Call Participants Rian Bisson - Equity Research AnalystJaeson Schmidt - Director of Research - Senior Research Analyst Operator Good afternoon. Welcome to Identiv's presentation of its first quarter two thousand twenty five earnings call. My name is Tom, and I will be your operator this afternoon. Joining us for today's presentation are the co ...

Financial Data and Key Metrics Changes - Identiv reported net revenue of $5.3 million for Q1 2025, slightly above guidance but down from $6.7 million in Q1 2024, primarily due to the exit of low-margin business [11][12] - GAAP gross margin was 2.5% and non-GAAP gross margin was 10.8% for Q1 2025, compared to 7.3% and 13.4% respectively in Q1 2024, with the decrease attributed to transition costs and lower revenue [12] - GAAP net loss from continuing operations was $4.8 million or $0.21 per share, an improvement from a loss of $5.4 million or $0.24 per share in Q1 2024 [13] - Cash and cash equivalents at the end of Q1 2025 were $132.7 million, with cash usage of $3.3 million during the quarter [14] Business Line Data and Key Metrics Changes - The transition of production from Singapore to Thailand is progressing well, with over 75% of volume now transitioned [50] - The company is focusing on higher-margin opportunities and has made significant progress in its new product development (NPD) pipeline, with 21 active projects [31][32] Market Data and Key Metrics Changes - Approximately 25% of Identiv's business is exposed to U.S. import tariffs due to its manufacturing footprint in Thailand and Singapore [5][16] - The company is preparing for various tariff scenarios and expects to pass along incurred tariffs to customers as surcharges [16] Company Strategy and Development Direction - Identiv is executing its Perform, Accelerate, Transform (PAT) strategic framework to strengthen its core business and expand into high-value applications [7][18] - The company aims to drive future growth through strategic partnerships and innovative product development, particularly in the IoT space [10][36] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing market uncertainty and high volatility, with a cautious outlook due to shifting trade policies and a softening global GDP [5][10] - Despite challenges, the company believes its value proposition remains strong, driven by long-term trends in RFID and IoT solutions [36] Other Important Information - A new strategic partnership with Tag and Track was announced, aimed at enhancing IoT solutions for the pharmaceutical industry [9] - The company is also collaborating with Inplay to develop a new portfolio of BLE-enabled smart labels for logistics applications [9][27] Q&A Session Summary Question: Impact of tariffs on customer pipeline - Management acknowledged some customer concerns regarding indirect impacts from tariffs but noted no significant effects observed so far [40][41] Question: Status of grocery logistics deal - The grocery logistics project is tracking as planned, with initial orders expected by the end of the year and a go-live target for mid-2026 [43] Question: Transition from Singapore to Thailand and margin guidance - Over 75% of production volume has transitioned to Thailand, with expectations to complete the transition by the end of Q2 [50][52] - Margin guidance for Q4 remains uncertain pending the outcome of tariff reviews [53] Question: Order pull-ins in Q1 - Management confirmed that Q1 did not benefit from any pull-ins, maintaining normal order flow [58] Question: Quoting activity in Q2 - There is caution among customers, but no significant concerns for Q2 have been noted, with guidance reflecting potential slowdowns [61]

Earnings Conference Call Q1 2025 May 7, 2025 Safe Harbor | Note Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expectations as well as the current beliefs and assumptions of management of Identiv and can be identified by words such as "anticipate," "believe," "continue," "plan," "will ...

"In the first quarter of 2025, we began executing our Perform-Accelerate-Transform ("P-A-T") strategic framework as a pure-play IoT solutions provider, supported by a strengthened commercial organization," said Kirsten Newquist, CEO of Identiv. "Our specialized RFID and BLE tags, inlays, and labels are an important component enabling the digital transformation and addressing key industry challenges. Even as we navigate through today's challenging macro environment, Identiv's value proposition remains strong ...

Seasoned Financial Expert Mick Lopez Appointed to Identiv Board of DirectorsPartnering with Tag-N-Trac to Deliver Cold Chain Tracking and Compliance Solutions for Pharmaceutical IndustryCollaborating with InPlay to Co-Develop Smart BLE Labels for IoT Logistics ApplicationsSANTA ANA, Calif., May 7, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), a global leader in RFID- and BLE-enabled Internet of Things (IoT) solutions, today released its financial results for the first quarter ended March 31, 2025."In t ...

Core Insights - Identiv, Inc. has announced a strategic partnership with Tag-N-Trac to enhance supply chain visibility for pharmaceutical companies through specialized IoT solutions focused on cold chain tracking [1][4] Company Overview - Identiv is a leader in RFID- and BLE-enabled IoT solutions, with its technology integrated into over 1.5 billion applications globally, driving innovation across various sectors including healthcare and consumer electronics [6] - Tag-N-Trac provides a full stack IoT platform for real-time supply chain visibility and traceability, focusing on solving complex supply chain and inventory management challenges [7] Partnership Details - The partnership combines Identiv's advanced BLE smart labels with Tag-N-Trac's RELATIVITY™ SaaS platform, which offers item-level visibility and actionable insights from origin to delivery [2] - The RELATIVITY platform enables real-time monitoring of ambient conditions such as temperature and humidity, ensuring compliance for temperature-sensitive products [2][3] Industry Context - The need for real-time data and visibility in the pharmaceutical cold chain is increasing due to growing regulatory requirements and patient safety concerns [3] - The collaboration aims to provide pharmaceutical companies with the necessary data intelligence to manage temperature-sensitive products safely and efficiently [4]

New Director Brings Strong Record of Delivering Shareholder Value to Identiv's BoardSANTA ANA, Calif., April 14, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), a global leader in RFID and BLE-enabled Internet of Things (IoT) solutions, today announced the appointment of Mick Lopez to its Board of Directors. Mr. Lopez is a public company board director and former CFO who brings decades of strategic and financial governance expertise to Identiv's Board of Directors. His extensive experience in mergers and ...