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Interlink Electronics to Highlight Printed Sensor Advances for Wearables at Sensors Converge 2025
Globenewswire· 2025-06-24 13:00
FREMONT, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK), a world-leading provider of sensors and printed electronics solutions that support a wide range of applications, including Human-Machine Interface ("HMI"), environmental sensing, and IoT devices, will be presenting at Sensors Converge 2025 being held June 24-26, 2025 at the Santa Clara Convention Center in Santa Clara, California. The prestigious event brings together industry leaders, innovators, and experts from ...
Interlink Electronics(LINK) - 2025 Q1 - Quarterly Results
2025-05-13 20:07
Exhibit 99.1 Interlink Electronics Reports First Quarter 2025 Results; Strategic Execution Positions Company for Double-Digit Organic Growth and Profitability in 2026 FREMONT, Calif., May 13, 2025 – Interlink Electronics, Inc. (Nasdaq: LINK) ("Interlink" or the "Company"), a global leader in sensor technology and printed electronic solutions, today reported results for the first quarter ended March 31, 2025. We believe the first quarter marked the low point of a transitional year. The Company is focused on ...
Interlink Electronics(LINK) - 2025 Q1 - Quarterly Report
2025-05-13 20:04
Table of Contents 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 March 31, 2025 or ☐ Transition Report Pursuant Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________________ to ______________________. Nevada 77-0056625 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identifica ...
Interlink Electronics to Participate at the Planet MicroCap Showcase April 23-24, 2025
Prnewswire· 2025-04-07 13:00
FREMONT, Calif., April 7, 2025 /PRNewswire/ -- Interlink Electronics, Inc. (Nasdaq: LINK), a leading provider of sensor and printed electronics solutions, will be participating in the Planet MicroCap Showcase: VEGAS 2025, being held April 22-24, 2025, at the Paris Hotel & Casino in Las Vegas, Nevada. Interlink Chairman, President, and CEO Steven N. Bronson will deliver a company presentation on Wednesday, April 23, 2025, and host one-on-one meetings with investors on Thursday, April 24, 2025. Presentation D ...
Interlink Electronics(LINK) - 2024 Q4 - Annual Results
2025-03-28 17:31
Revenue Performance - Fourth quarter 2024 revenue was $2.986 million, a decrease of 15.6% from $3.538 million in Q4 2023[7] - Full year 2024 revenue totaled $11.679 million, down 16.2% from $13.940 million in 2023[7] - Net revenue for Q4 2024 was $2,986,000, a decrease of 15.6% compared to $3,538,000 in Q4 2023[27] Profitability Metrics - Gross profit margin for Q4 2024 was 39.6%, compared to 41.0% in Q4 2023, primarily due to lower revenue and a less favorable product mix[9] - Gross profit for the year ended December 31, 2024, was $4,846,000, down 26.0% from $6,559,000 in 2023[27] - Adjusted EBITDA for Q4 2024 was $(233,000), compared to $(1,000) in Q4 2023[11] - Adjusted EBITDA for the year ended December 31, 2024, was $(1,081,000), a significant decline from $447,000 in 2023[30] Net Loss - Net loss for Q4 2024 was $413,000, an improvement from a net loss of $448,000 in Q4 2023[10] - Full year 2024 net loss was $2.0 million, compared to a net loss of $383,000 in 2023, driven by lower revenue and gross profit[13] - The net loss for the year ended December 31, 2024, was $1,984,000, compared to a net loss of $383,000 in 2023[27] Operating Expenses - Total operating expenses for Q4 2024 were $1,693,000, a decrease of 16.7% from $2,032,000 in Q4 2023[27] - Engineering, research and development expenses for Q4 2024 were $480,000, down 14.4% from $561,000 in Q4 2023[27] - Selling, general and administrative expenses for the year ended December 31, 2024, were $4,844,000, an increase of 3.7% from $4,672,000 in 2023[27] Loss from Operations - Loss from operations for Q4 2024 was $(510,000), compared to $(580,000) in Q4 2023[27] Share Performance - The company reported a basic and diluted loss per common share of $(0.05) for Q4 2024, compared to $(0.06) in Q4 2023[27] - Weighted average common shares outstanding for the year ended December 31, 2024, were 9,862,000, slightly down from 9,887,000 in 2023[27] Strategic Initiatives - The company received a $400,000 SBIR Phase II grant from NIST to enhance manufacturing techniques for printed gas sensors, aiming to scale output to over 10 million units annually[6] - The company launched the 110-37x gas sensor family at CES 2025, featuring sensors for detecting natural gas leak compounds[6] - The acquisition of Conductive Transfers Limited expands the company's capabilities in the e-textiles and wearables market[6] - The company designated its Fremont facility as its corporate headquarters, supporting global expansion efforts[5]
Interlink Electronics(LINK) - 2024 Q4 - Annual Report
2025-03-27 20:05
Revenue and Profitability - Revenue for 2024 decreased to $11,679,000, a 16.2% decline from $13,940,000 in 2023[182] - Gross profit for 2024 was $4,846,000, representing a gross margin of 41.5%, down from $6,559,000 and 47.1% in 2023[185] - Medical segment revenue fell by 24.6% to $3,926,000, while industrial revenue decreased by 36.5% to $2,631,000[183] - Net loss for 2024 was $1,984,000, compared to a net loss of $383,000 in 2023, reflecting a significant increase in losses[182] Expenses - Engineering, research and development expenses were $2,052,000, a decrease of 11.8% from $2,326,000 in 2023[186] - Selling, general and administrative expenses increased by 3.7% to $4,844,000, attributed to the full-year inclusion of Calman[187] - Other income (expense), net for 2024 was $93,000, down 43.3% from $164,000 in 2023, primarily due to lower interest income[188] Cash Flow and Capital Management - For the year ended December 31, 2024, the company reported a net cash used in operating activities of $367,000, attributed to a net loss of $1,984,000[197] - The company used $491,000 in investing activities in 2024, primarily for acquiring assets of Conductive Transfers ($314,000) and purchasing property and equipment ($177,000)[199] - Net cash used in financing activities for 2024 was $400,000, all of which was for dividends on Preferred Stock[200] - The company expects to maintain its current operations with existing cash and cash equivalents, but may require additional capital if circumstances change[195] - As of December 31, 2024, the company had cash and cash equivalents of $3.0 million and working capital of $5.5 million, with no indebtedness[193] - The company’s cash flows from operating activities showed a significant increase in net cash used, from $116,000 in 2023 to $367,000 in 2024[196] Strategic Initiatives - The company expanded its technology platforms through acquisitions, including Calman and Conductive Transfers, enhancing its product offerings in printed electronics and wearable technology[176] - The company plans to explore strategic relationships with technology institutes to support growth initiatives[180] Balance Sheet Items - Accounts receivable decreased from $2,167,000 at December 31, 2023, to $1,612,000 at December 31, 2024, due to timing of shipments and cash collections[198] - Inventories decreased from $2,476,000 at December 31, 2023, to $2,009,000 at December 31, 2024, primarily due to variability in timing of materials purchases and customer demand[198] - The company had no off-balance sheet arrangements as of December 31, 2024, indicating no exposure to financing, liquidity, market, or credit risk from such relationships[202] Taxation - The effective tax rate for 2024 was impacted by the mix of taxable income across jurisdictions, with no tax benefit on domestic losses due to valuation allowances[191] Dividends - The company has declared and paid cash dividends on its Preferred Stock each month since October 2021, with an annual rate of 8.0%[194]
Interlink Electronics Reports Fourth Quarter and Full Year 2024 Results
Prnewswire· 2025-03-27 13:00
FREMONT, Calif., March 27, 2025 /PRNewswire/ -- Interlink Electronics, Inc. (Nasdaq: LINK) ("Interlink" or the "Company"), a world-leading provider of sensors and printed electronic solutions that support a wide range of applications including Human-Machine Interface devices and Internet-of-Things solutions, today reported financial results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 and Recent Operational Highlights Acquired UK-based Conductive Transfers Limited and its affiliate ...
Interlink Electronics to Attend the 37th Annual ROTH Conference as Part of its Expanded Investor Relations Program Led by Gateway Group
Prnewswire· 2025-03-11 13:00
Core Viewpoint - Interlink Electronics, Inc. has engaged Gateway Group to enhance its investor relations program, aiming to improve visibility and communication with the investment community [1][2][3] Company Overview - Interlink Electronics is a leading provider of sensor and printed electronic solutions, with nearly 40 years of experience in delivering technologies across various markets including industrial, medical, consumer, and automotive [5] Investor Relations Strategy - Gateway Group will collaborate with Interlink's management to implement a comprehensive outreach strategy, focusing on refining corporate messaging, providing strategic advisory services, and facilitating introductions to key stakeholders [2][3] - Interlink will participate in the 37th Annual ROTH Conference from March 16-18, 2025, which is a significant platform for small-cap investors [3] Leadership Engagement - Steven N. Bronson, Chairman, President, and CEO of Interlink, will be available for one-on-one meetings with institutional investors during the ROTH Conference on March 17-18, 2025 [4]
2 Cryptocurrencies That Could Skyrocket This Year
The Motley Fool· 2025-01-28 10:36
Group 1: Market Overview - The crypto market is experiencing a bullish sentiment, with expectations for significant growth in 2025, driven by new spot ETFs, political support, and Bitcoin reaching an all-time high above $100,000 in 2024 [1][2][14] - Solana and Chainlink are identified as two cryptocurrencies with high potential for value increase in this favorable environment [2] Group 2: Solana - Solana is positioned to become the dominant Layer-1 blockchain in the upcoming bull market, potentially surpassing Ethereum, which has historically led in this space [3][4] - The Solana ecosystem is thriving, with increased user growth, transaction activity, and a surge in decentralized exchanges and blockchain wallets [5] - The launch of a Trump meme coin on Solana indicates its rising popularity and relevance in the crypto landscape [4] Group 3: Chainlink - Chainlink is expected to benefit from the pro-crypto agenda of the Trump administration and growing institutional adoption of blockchain technology [6] - Chainlink previously experienced significant price growth during the last bull market, rising from $5 to $50 in under a year due to DeFi excitement [7] - A resurgence of DeFi is anticipated in 2025, with Chainlink already up 30% and nearing the top 10 cryptocurrencies by market cap [8] Group 4: AI Cryptos - While AI cryptos are a trending topic, most are currently underperforming, with examples like Virtuals Protocol down 32% this year [10] - There is potential for mid- or low-cap AI cryptos to gain attention, particularly those around a $1 billion market cap [11] - Ai16z is highlighted as a potential breakout AI crypto with a current market cap of $1 billion [12] Group 5: Investment Considerations - Between Solana and Chainlink, Solana is favored due to the potential for an incoming spot ETF, which could attract significant new investment [13] - The current pro-crypto optimism may fluctuate, but 2025 is anticipated to be a pivotal year for the crypto industry, suggesting a strategic time for investment [14]
Interlink Electronics, Inc. Announces $150,000 SBIR R&D Award from NASA for the Development of Predictive Air Quality Assessment Solutions
Prnewswire· 2025-01-09 14:00
Core Insights - Interlink Electronics, Inc. has been awarded a $150,000 SBIR Phase 1 grant from NASA for the development of integrated systems and predictive models aimed at early identification of air quality sources [1][3] - The importance of assessing outdoor air quality is increasing due to climate change and other factors, which is becoming a priority for governments worldwide [2] - The company aims to create low-power, low-cost, and widely deployable outdoor air quality (OAQ) nodes that will provide reliable data for NASA's Remote Sensing Network [3] Company Overview - Interlink Electronics is a leading provider of sensors and printed electronic solutions with 40 years of experience in delivering technologies across various markets [4] - The company's product portfolio includes gas sensors, HMI devices, and IoT solutions, serving industries such as industrial, medical, automotive, consumer, wearables, and IoT [4] - Interlink's expertise in materials science, manufacturing, and embedded electronics allows it to deliver high-quality, cost-effective custom solutions tailored to customer needs [4]