Intellicheck, Inc.

Intellicheck, Inc. (NASDAQ: IDN) is a technology company that delivers on-demand digital identity validation solutions for Know Your Customer fraud prevention and age verification needs. The company validates both digital and physical identities for financial services, fintech companies, buy-now-pay-later providers, e-commerce, retail commerce businesses, law enforcement, and government agencies across North America. More information about the company is available at www.intellicheck.com.

The company's primary business consists of Identity Systems products, which include commercial applications of identity card reading and authentication. Intellicheck's core offering is the Intellicheck Service, a complete identity solution that verifies whether an identification document is valid, matches the document to the person presenting it, and provides a risk score to determine the risk of conducting business with that individual. The service is designed for use online and in retail settings through mobile phones, tablets, personal computers, and retail point-of-sale scanners.

Intellicheck's technology addresses critical business problems including commercial fraud prevention, instant credit card approval, age-restricted product access verification, unauthorized access prevention, fraudulent retail return detection, and inefficiencies associated with manual data entry. The company's proprietary technology can read and verify encoded information on U.S. and Canadian driver's licenses, state-issued non-driver identification cards, military IDs, and passports. Through integrated third-party technology, the platform can scan and verify more than ten thousand documents worldwide.

The company operates a software-as-a-service business model where customers pay for cloud-based services. Revenue is derived from per-transaction or fixed-price SaaS licensing, direct sales by the company's sales force and marketing partners, extended warranties on equipment, and subscription support services. Target industry sectors include mass merchandisers and retailers, financial institutions, casinos, airlines, airports, law enforcement agencies, bars and nightclubs, convenience stores, and cannabis retailers.

As of March 19, 2026, Intellicheck employed thirty-eight full-time employees. The company holds ten U.S. patents and one Canadian patent covering commercially important aspects of identity document authentication and verification capabilities. In fiscal year 2025, the company's top ten customers accounted for approximately seventy-seven percent of total revenues.