Core Insights - Identiv, Inc. reported financial results for Q4 and fiscal year 2025, exceeding guidance due to strong sales from key customers and operational improvements [1] - The company signed an exclusive multi-year supply agreement for next-generation Bluetooth Low Energy (BLE) smart labels, marking a significant advancement in its strategy [1] Financial Results for Q4 2025 - Q4 2025 revenue was $6.2 million, down from $6.7 million in Q4 2024, attributed to the exit of lower-margin business [1] - GAAP gross margin improved to 18.1% from a loss of 14.9% in Q4 2024, while non-GAAP gross margin rose to 25.6% from a loss of 5.2% [1] - GAAP net loss from continuing operations was ($3.7) million, or ($0.16) per share, an improvement from a loss of ($4.3) million, or ($0.19) per share in Q4 2024 [1] Financial Results for Fiscal Year 2025 - Total revenue for fiscal year 2025 was $21.5 million, down from $26.6 million in 2024 [1] - GAAP gross margin for 2025 was 6.1%, up from 1.3% in 2024, while non-GAAP gross margin increased to 14.3% from 8.0% [1] - GAAP net loss from continuing operations was ($18.0) million, or ($0.79) per share, compared to a loss of ($25.9) million, or ($1.14) per share in 2024 [1] Financial Outlook - For Q1 2026, Identiv expects net revenue to be between $6.7 million and $7.2 million, reflecting current market conditions and customer demand [1]