Intellicheck IDN Q1 2026 Earnings Transcript

Image source: The Motley Fool.

DATE

Tuesday, May 12, 2026 astatine 4:30 p.m. ET

CALL PARTICIPANTS

• President and Chief Executive Officer — Bryan Lewis

• Chief Financial Officer — Adam Sragovicz

• Investor Relations — Gar Jackson

Full Conference Call Transcript

Gar Jackson: Thank you, operator. Good afternoon, everyone, and convey you for joining america contiguous for Intellicheck's First Quarter 2026 Earnings Call. Before we get started, I volition instrumentality a infinitesimal to work our forward-looking statement. Certain statements successful this league telephone represent forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act of 1995 arsenic amended. When utilized successful this call, words specified arsenic will, believe, expect, anticipate, promote and akin expressions arsenic they subordinate to the institution oregon its absorption place forward-looking statements. These statements are based connected management's existent expectations and beliefs astir aboriginal events.

As with immoderate projection oregon forecast, they are inherently susceptible to uncertainty and changes successful circumstances, and the institution undertakes nary work to update oregon change its forward-looking statements, whether resulting from caller information, consequent events oregon otherwise. Additional accusation concerning forward-looking statements is contained successful the company's filings with the SEC. Throughout this call, we whitethorn notation definite fiscal metrics that person been rounded for easiness of discussion. Statements made contiguous are arsenic of May 12, 2026. Management volition usage the fiscal presumption adjusted EBITDA and adjusted gross margin. Please notation to our property merchandise issued this day for further definition, reconciliation and discourse for the usage of these terms.

We volition statesman today's telephone with Bryan Lewis, Intellicheck's President and Chief Executive Officer. He volition beryllium followed by Adam Sragovicz, our Chief Financial Officer. Following their prepared remarks, we volition instrumentality questions from our analysts and organization investors. Today's telephone volition beryllium constricted to 1 hour, and I volition present crook it implicit to Bryan.

Bryan Lewis: Thanks, Gar, and bully day to everyone, and convey you for joining america today. I'll commencement by doing thing I ever effort to do, beryllium nonstop astir what drove the quarter, which was impacted successful portion by the macro environment. Then I volition get to the numbers that showed important EBITDA growth, marking our 4th fourth successful a enactment of affirmative EBITDA and our 3rd 4th successful a enactment of affirmative nett income. The archetypal 4th of 2026 played retired against 1 of the much challenging macroeconomic backdrops that we person seen successful respective years. The subject struggle successful Iran, which intensified successful the archetypal quarter, created a genuine economical ripple effect crossed virtually each assemblage of our economy.