Intellicheck Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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.
Mar 31, 2024 · Filed May 14, 2024
IDN$2.22+5.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Unaudited Condensed Financial Statements
Item 1. FINANCIAL STATEMENTS
CONDENSED BALANCE SHEETS
(in thousands except share and per share amounts)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $9,239 | $3,980 |
| Short-term investments | — | 5,000 |
| Accounts receivable, net of allowance of $85 and $69 at March 31, 2024 and December 31, 2023, respectively | 2,744 | 4,703 |
| Other current assets | 654 | 692 |
| Total current assets | 12,637 | 14,375 |
| PROPERTY AND EQUIPMENT, NET | 628 | 666 |
| GOODWILL | 8,102 | 8,102 |
| INTANGIBLE ASSETS, NET | 1,157 | 575 |
| OTHER ASSETS | 91 | 90 |
| Total assets | $22,615 | $23,808 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $1,121 | $884 |
| Accrued expenses | 2,657 | 3,245 |
| Equity awards liability | — | 4 |
| Liability for shares withheld | 190 | 190 |
| Deferred revenue | 1,469 | 2,209 |
| Total current liabilities | 5,437 | 6,532 |
| Total liabilities | 5,437 | 6,532 |
| COMMITMENTS AND CONTINGENCIES (Note 10) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock - $0.01 par value; 30,000 shares authorized; Series A convertible preferred stock, zero shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock - $0.001 par value; 40,000,000 shares authorized; 19,404,561 and 19,354,335 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 19 | 19 |
| Additional paid-in capital | 151,166 | 150,822 |
| Accumulated deficit | (134,007) | (133,565) |
| Total stockholders’ equity | 17,178 | 17,276 |
| Total liabilities and stockholders’ equity | $22,615 | $23,808 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.