Intellicheck, Inc. announced record financial results for the second quarter ended June 30, 2025, with total revenue growing 10% year-over-year to $5,123,000. SaaS revenue also increased by 10% to $5,080,000 compared to the same period in 2024.
The company achieved positive Adjusted EBITDA of $75,000 for Q2 2025, a significant improvement from a loss of ($70,000) in Q2 2024. Net loss for the quarter was ($251,000), or ($0.01) per diluted share, compared to a net loss of ($127,000), or ($0.01) per diluted share, in the prior year.
CEO Bryan Lewis highlighted the achievement of another record quarter, driven by successful expansion in new and existing market verticals, including multiple multiyear agreements with prominent financial services clients. Intellicheck reported a 99.975% decisioning success rate with its technology. As of June 30, 2025, the company's cash and cash equivalents totaled $8.6 million.
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