Identiv, Inc.
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 10, 2025
INVE$2.66+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Comprehensive Income (Loss)
(Unaudited, in thousands, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Net revenue | $5,009 | $6,532 | $15,318 | $19,931 |
| Cost of revenue | 4,475 | 6,294 | 15,126 | 18,596 |
| Gross profit | 534 | 238 | 192 | 1,335 |
| Operating expenses: | ||||
| Research and development | 828 | 1,102 | 2,505 | 2,965 |
| Selling and marketing | 1,369 | 1,657 | 4,322 | 4,654 |
| General and administrative | 3,517 | 7,032 | 9,720 | 15,052 |
| Restructuring and severance | 402 | — | 1,082 | — |
| Total operating expenses | 6,116 | 9,791 | 17,629 | 22,671 |
| Loss from continuing operations | (5,582) | (9,553) | (17,437) | (21,336) |
| Non-operating income (expense): | ||||
| Interest income, net | 1,309 | 244 | 3,841 | 8 |
| Foreign currency gains (losses), net | (25) | 340 | (1,425) | 55 |
| Loss from continuing operations before income tax benefit (provision) | (4,298) | (8,969) | (15,021) | (21,273) |
| Income tax benefit (provision) | 847 | (360) | 739 | (361) |
| Net loss from continuing operations | (3,451) | (9,329) | (14,282) | (21,634) |
| Net income (loss) from discontinued operations, net of tax: | ||||
| Loss from Physical Security Business, net of tax | — | (4,268) | — | (2,737) |
| Gain on sale of Physical Security Business, net of tax | — | 99,546 | — | 99,546 |
| Income from discontinued operations, net of tax | — | 95,278 | — | 96,809 |
| Net income (loss) | (3,451) | 85,949 | (14,282) | 75,175 |
| Other comprehensive income: | ||||
| Foreign currency translation adjustment, net of tax | 37 | 1,431 | 1,865 | 1,037 |
| Comprehensive income (loss) | $(3,414) | $87,380 | $(12,417) | $76,212 |
| Net income (loss) per common share: | ||||
| Basic and diluted - continuing operations | $(0.15) | $(0.40) | $(0.63) | $(0.95) |
| Basic and diluted - discontinued operations | $— | $4.03 | $— | $4.12 |
| Basic and diluted - net income (loss) | $(0.15) | $3.62 | $(0.63) | $3.17 |
| Weighted average common shares outstanding: | ||||
| Basic and diluted | 23,849 | 23,660 | 23,736 | 23,496 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.