Intellicheck, Inc. Annual Report - How They Did This Year

Hey there! This summary will help you understand Intellicheck, Inc.'s performance. We'll break down the key details. This summary focuses on what matters for your investment decisions.

Who is Intellicheck, Inc.?

Intellicheck is a tech company. They offer real-time identity checks. They help businesses confirm identities and ages. This works both online and in person. Think of them as digital bouncers. They are also smart fraud detectors. They use advanced tech to stop identity fraud. They ensure rules are followed for age-restricted sales.

The company has a history over 30 years long. It started in New York in 1994. Its original name was Intelli-Check, Inc. It moved to Delaware in 1999. This gave them more corporate flexibility. Over time, Intellicheck grew its reach. They did this through smart mergers and acquisitions. Mobilisa joined in 2008. This added mobile identity solutions. Positive Access also joined in 2009. The company became Intellicheck, Inc. in 2017. This showed its focus on smart identity solutions.

What Do They Do? (Their Business)

Intellicheck's main business is checking identities. They offer many solutions. These verify digital and physical IDs. They serve many industries and uses. Their technology is vital for:

• Stopping Fraud (KYC - Know Your Customer): This is a key part of what they offer. Banks, credit unions, and online stores use Intellicheck. "Buy Now, Pay Later" services also use their tech. They do strong "Know Your Customer" (KYC) checks. This means verifying customer identities. They check during account openings or big transactions. They also check for loan applications. This stops fake identities and account takeovers. It prevents other fraud. Intellicheck instantly checks government IDs. These include driver's licenses and state IDs. This helps businesses avoid big money losses. It also helps them follow strict rules.
• Quick Credit Card Approvals: Intellicheck makes credit card applications easier. This helps stores and financial companies. No more slow, manual data entry. A quick scan of a driver's license works. Intellicheck's special software checks identity fast. It also fills out application forms. This speeds up approvals a lot. Fewer people give up on applications. Customers have a better experience. High security standards remain.
• Age Verification: Businesses selling age-restricted items use Intellicheck. This includes alcohol, cannabis, and tobacco. They also use it for firearms. The software quickly and accurately checks age. The system scans and verifies IDs fast. It confirms a customer's age against legal rules. Bars, clubs, and casinos use this a lot. It helps them follow age limits. It lowers the chance of fines or losing their license.
• Boosting Security: Intellicheck's systems boost security. They protect sensitive places. This includes physical and digital security. They control access at key sites. Think airports, ports, and military bases. Government buildings and company offices also use it. The tech instantly checks identities. This stops unauthorized entry. It makes overall security stronger.
• Preventing Return Fraud: Stores lose a lot from fake returns. Intellicheck's system helps businesses check identities. They verify people returning items. This is key for returns without a receipt. It stops those seeking store credit or cash. Returns link to a verified identity. Retailers can spot repeat offenders. This stops organized theft. It saves them money.
• Making Things Efficient: Intellicheck's tech makes things efficient. It automates and speeds up data capture. It also speeds up verification. Businesses scan ID data fast. This uses barcodes or magnetic stripes. They avoid slow, error-prone manual entry. This means better operations. It lowers staff costs. Customers get a smoother experience everywhere.

Intellicheck's solutions are flexible. They work on many platforms. This includes mobile devices. They use special apps or tools. They also work in web browsers. This is through connecting with other systems. Or they use special scanners at checkout points.

What's Their Plan for the Future?

Intellicheck aims for continued growth. They want to lead the identity verification market. Here are their future plans:

• Expanding in Current Markets: The company wants to sell more to current customers. This is especially true in financial services and retail. It also applies to age-restricted product sales. They plan to get new big business customers. They will also expand with current clients. This means offering more solutions. Or they will integrate into more daily tasks.
• Moving into New Markets: Intellicheck is looking for new industries. These can benefit from their strong tools. Their tools prevent fraud and check identities. New areas include healthcare. This is for managing patient identities. Online gaming needs age and identity checks. The sharing economy needs to verify users and providers.
• Online Focus: Digital transactions are growing fast. Intellicheck has greatly improved its tech. It now offers full identity checks online. It also prevents online fraud. This secures e-commerce transactions. It helps with online account openings. It also covers setting up new digital accounts. This fights more complex online identity fraud.
• Cutting-Edge Tech: Intellicheck wants to keep its advantage. They plan to add advanced tech. This includes smart features like biometrics. Think fingerprint or voice recognition. They also add facial recognition. This checks if someone is real, not a picture. These improvements offer multiple ways to confirm identity. This makes security stronger. It lowers the risk of someone pretending to be you.
• Leveraging Their Smart Ideas: The company will smartly use its patents. They also use their special technologies. These smart ideas and inventions give them a big advantage. It helps Intellicheck stand out. Their solutions offer better accuracy and speed. This is compared to rivals in identity checks.

A Quick Look at the Numbers (as of the end of 2025)

This report covers the fiscal year. It ended on December 31, 2025.

• Market Value: The total market value of the company's stock was about $68 million. This was for shares held by regular investors. This is also called the "public float." This figure shows how the market values the company. It reflects shares ordinary investors can buy. This was as of June 30, 2025.
• Shares Outstanding: There were 20,239,060 shares of common stock available. This was as of March 19, 2026. This number is important. It helps figure out things like earnings per share. It also shows how the company's ownership is divided.

This information should give you a solid understanding of Intellicheck's business, its strategic direction, and its current financial snapshot, helping you make informed decisions.