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Earnings documents stored for LINK.
Investor releaseQuarter not tagged2026-08-13Interlink Electronics Reports Second Quarter 2026 Results
GlobeNewswire
Interlink Electronics Reports Second Quarter 2026 Results
Interlink reports a strong quarter, with increased revenues and a return to profitability FREMONT, Calif., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the second quarter ended June 30, 2026. Q2 2026 and Recent Highlights Revenues increased 10% for the second quarter of 2026 and 13% for the first half of 2026 over the comparable 2025 periods, driven by higher shipments of our force-sensing and printed electronics products. Gross profit and Adjusted EBITDA increased as a result of higher revenues. We currently expect the strategic acquisition announced in May 2026 to be completed by the end of October 2026, subject to customary closing conditions. The planned acquisition is expected to significantly expand our operations and increase our revenues and earnings. We are exploring various debt financing options to support our acquisition strategy and our working capital needs. We have expanded our gas sensing solutions with new miniaturized, factory-calibrated digital output (I2C) gas sensor modules, offering easy integration for over 15 gases. In the coming weeks, we plan to launch high-performance electrochemical sensors in an industry-standard 4-series package for common gases such as carbon monoxide, hydrogen sulfide, and ozone. We are also introducing two advanced digital sensor instruments for single and dual gas detection, supporting both pumped and diffusion-based detection. We will showcase our latest sensing technologies at several major events, including the WT Conference USA (September 15-16, Mountain View, CA), where we will present 'Functional Electronics Without Wires: The Evolution of Conductive Transfer Technology' on September 15 at 3:55 p.m. We will also exhibit at Electronica (November 10-13, Munich, Germany), a leading global technology conference. We will also attend the following investor conferences: LD Micro Main Event (October 19-21, Los Angeles, CA) and Benchmark One-on-One Conference (December 10, New York, NY). At each event, we will highlight our expanding product portfolio, key commercial milestones, and the strategic initiatives driving our growth. “We continue to make progress toward achieving our organic and acquisition growth objectives,” said Steven N. Bronson, Chairma…Read full documentShow less
Interlink reports a strong quarter, with increased revenues and a return to profitability FREMONT, Calif., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the second quarter ended June 30, 2026. Q2 2026 and Recent Highlights Revenues increased 10% for the second quarter of 2026 and 13% for the first half of 2026 over the comparable 2025 periods, driven by higher shipments of our force-sensing and printed electronics products. Gross profit and Adjusted EBITDA increased as a result of higher revenues. We currently expect the strategic acquisition announced in May 2026 to be completed by the end of October 2026, subject to customary closing conditions. The planned acquisition is expected to significantly expand our operations and increase our revenues and earnings. We are exploring various debt financing options to support our acquisition strategy and our working capital needs. We have expanded our gas sensing solutions with new miniaturized, factory-calibrated digital output (I2C) gas sensor modules, offering easy integration for over 15 gases. In the coming weeks, we plan to launch high-performance electrochemical sensors in an industry-standard 4-series package for common gases such as carbon monoxide, hydrogen sulfide, and ozone. We are also introducing two advanced digital sensor instruments for single and dual gas detection, supporting both pumped and diffusion-based detection. We will showcase our latest sensing technologies at several major events, including the WT Conference USA (September 15-16, Mountain View, CA), where we will present 'Functional Electronics Without Wires: The Evolution of Conductive Transfer Technology' on September 15 at 3:55 p.m. We will also exhibit at Electronica (November 10-13, Munich, Germany), a leading global technology conference. We will also attend the following investor conferences: LD Micro Main Event (October 19-21, Los Angeles, CA) and Benchmark One-on-One Conference (December 10, New York, NY). At each event, we will highlight our expanding product portfolio, key commercial milestones, and the strategic initiatives driving our growth. “We continue to make progress toward achieving our organic and acquisition growth objectives,” said Steven N. Bronson, Chairman, President, and CEO. “We expect the pending acquisition will be a transformative event for the Company on its path toward continued growth.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the second quarter of 2026 increased 10% to $3.77 million, compared to $3.41 million in the second quarter of 2025, and for the first half of 2026 increased 13% to $6.84 million, compared to $6.08 million in the first half of 2025. The increases were driven by higher shipments of the Company’s force-sensing and printed electronics products, partially offset by lower sales of its gas‑sensor products. Revenues fluctuate periodically in response to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments. Gross margin for the second quarter of 2026 was 44.4%, a slight decrease from 45.0% for the second quarter of 2025. Gross margin for the first half of 2026 was 44.0%, compared with 40.9% for the first half of 2025. The increase in gross margin for the first half of 2026 was due to higher revenue and changes in the mix of our products and services. Net income/loss for the second quarter of 2026 was income of $248,000, compared to income of $100,000 in same quarter last year, and for the first half of 2026 was a loss of $90,000, compared to a loss of $705,000 in the first half of 2025. The improvements in net income/loss were driven primarily by higher revenue and gross profit. Adjusted EBITDA, a non‑GAAP financial measure, for the second quarter of 2026 was $421,000, versus $323,000 in the same quarter last year, and for the first half of 2026 was $255,000, versus $(300,000) in the first half of 2025. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting 40 years of success in delivering mission-critical technologies across diverse markets. Our customers, including global blue-chip companies, trust our products and solutions, which span various markets, including medical, industrial, automotive, wearables, IoT, and other specialty markets. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers’ unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our advanced printed electronics and materials science laboratory in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; Irvine, Scotland; and Sheffield, England. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” and similar words. Forward-looking statements in our press releases include statements about consummation of the pending acquisition and its expected impact on growth, our projected financial and operating performance, our acquisition program, our strategy and prospects, and our opportunities for organic growth and synergies. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following: the failure to satisfy closing conditions for the pending acquisition; integration risks for acquired businesses; our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of the respective release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors both because (1) it allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. Company Contact:Interlink Electronics, Inc.Steven N. Bronson, [email protected] 805-623-4184
Investor releaseQuarter not tagged2026-05-14Interlink Electronics Reports First Quarter 2026 Results
GlobeNewswire
Interlink Electronics Reports First Quarter 2026 Results
FREMONT, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the first quarter ended March 31, 2026. Q1 2026 and Recent Highlights We recently announced a non-binding letter of intent to acquire an established provider of high-performance manufacturing solutions serving mission-critical sectors such as semiconductor, defense, laser and photonics, commercial high-tech, and aerospace. In Q1, revenue grew by 15% year over year, and gross margins improved by 8 percentage points to 43%. We are leveraging our expertise in printed electronics to develop electrodes for intelligent test strips used in connected point-of-care and home-testing platforms. As a strategic manufacturing partner for these electrodes, we anticipate the first product will enter clinical trials soon, with initial production later this year, if successful, and significant volume expected in 2027. We have begun developing the third generation of a wearable product that uses our proprietary conductive transfer process in an FDA-approved muscle stimulation device. Our technology enhances patient comfort and supports the high success rate of this therapeutic device. We plan to launch a new R&D and production facility in South Yorkshire, England at the beginning of July to advance our Conductive Transfer technology for smart textiles and wearable devices. “I’m excited about our recent commercial momentum and acquisition activity,” said Steven N. Bronson, Chairman, President, and CEO. “We are positioning the business for the next level by capitalizing on our diversified technology offerings, global customers, and footprint.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the first quarter of 2026 increased 15% to $3.07 million, compared to $2.66 million in the first quarter of 2025. The increase was driven by higher shipments of the Company’s force-sensing and printed electronics products, partially offset by lower sales of its gas‑sensor products. Revenues fluctuate periodically in response to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments. Gross margin for the first quarter of 2026 was 43.5%, versus…Read full documentShow less
FREMONT, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the first quarter ended March 31, 2026. Q1 2026 and Recent Highlights We recently announced a non-binding letter of intent to acquire an established provider of high-performance manufacturing solutions serving mission-critical sectors such as semiconductor, defense, laser and photonics, commercial high-tech, and aerospace. In Q1, revenue grew by 15% year over year, and gross margins improved by 8 percentage points to 43%. We are leveraging our expertise in printed electronics to develop electrodes for intelligent test strips used in connected point-of-care and home-testing platforms. As a strategic manufacturing partner for these electrodes, we anticipate the first product will enter clinical trials soon, with initial production later this year, if successful, and significant volume expected in 2027. We have begun developing the third generation of a wearable product that uses our proprietary conductive transfer process in an FDA-approved muscle stimulation device. Our technology enhances patient comfort and supports the high success rate of this therapeutic device. We plan to launch a new R&D and production facility in South Yorkshire, England at the beginning of July to advance our Conductive Transfer technology for smart textiles and wearable devices. “I’m excited about our recent commercial momentum and acquisition activity,” said Steven N. Bronson, Chairman, President, and CEO. “We are positioning the business for the next level by capitalizing on our diversified technology offerings, global customers, and footprint.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the first quarter of 2026 increased 15% to $3.07 million, compared to $2.66 million in the first quarter of 2025. The increase was driven by higher shipments of the Company’s force-sensing and printed electronics products, partially offset by lower sales of its gas‑sensor products. Revenues fluctuate periodically in response to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments. Gross margin for the first quarter of 2026 was 43.5%, versus 35.6% for the first quarter of last year. The increase was due to higher revenue and changes in the mix of our products and services. Net loss for the first quarter of 2026 was $338,000, compared to a net loss of $805,000 in same quarter last year. The decrease in net loss was driven by higher revenue and gross profit. Adjusted EBITDA, a non‑GAAP financial measure, was $(168,000), versus $(623,000) in the prior‑year period. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting 40 years of success in delivering mission-critical technologies across diverse markets. Our customers, including global blue-chip companies, trust our products and solutions, which span various markets, including medical, industrial, automotive, wearables, IoT, and other specialty markets. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers’ unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our advanced printed electronics and materials science laboratory in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; and Irvine, Scotland. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” and similar words. Forward-looking statements in our press releases include statements about our projected financial and operating performance, our acquisition program, our strategy and prospects, and our opportunities for organic growth and synergies. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of the respective release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors both because (1) it allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. Company Contact: Interlink Electronics, Inc. Steven N. Bronson, CEO [email protected] 805-623-4184
Investor releaseQuarter not tagged2026-03-26Interlink Electronics Reports Fourth Quarter 2025 Results
GlobeNewswire
Interlink Electronics Reports Fourth Quarter 2025 Results
FREMONT, Calif., March 26, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the fourth quarter ended December 31, 2025. Q4 2025 and Recent Highlights Recently began volume production of a custom piezoelectric sensor solution now deployed in the rapidly expanding autonomous vehicle market. Now shipping a second-generation custom FSR solution for a leading robotic-assisted surgery platform. Continued expansion of our presence as a trusted provider of printed electrode solutions in the healthcare diagnostics market. Added two Senior Business Development Directors in January 2026 to drive organic growth in North America and Europe. Successful conversion of our preferred stock into common stock in October 2025, eliminating $400,000 of preferred stock dividends annually. “We are excited about our momentum with both new and existing customers,” said Steven N. Bronson, Chairman, President, and CEO. “We are confident that we are well-positioned for organic growth in 2026 and 2027. In addition, we are actively pursuing acquisitions.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the fourth quarter of 2025 decreased 5% to $2.85 million, compared to $2.99 million in the fourth quarter of 2024. The year‑over‑year decline was driven by lower shipments of the Company’s force-sensing products, partially offset by higher sales of its gas‑sensor products and printed electronics at its Calman Technology subsidiary. Revenue fluctuates periodically in response to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments. Gross margin for the fourth quarter of 2025 was 31.7%, versus 39.6% for the fourth quarter of last year. The decline is primarily due to lower revenue and changes in the mix of our products and services, and also in part due to strengthened Chinese yuan relative to the US dollar which increased the cost of our production activities in China. Net loss for the fourth quarter of 2025 was $574,000, compared to a net loss of $413,000 in the year‑ago period. The increase in net loss was driven by lower revenue and gross margin. Adjusted EBITDA, a non‑GAAP financial measure, was $(511,000), ve…Read full documentShow less
FREMONT, Calif., March 26, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the fourth quarter ended December 31, 2025. Q4 2025 and Recent Highlights Recently began volume production of a custom piezoelectric sensor solution now deployed in the rapidly expanding autonomous vehicle market. Now shipping a second-generation custom FSR solution for a leading robotic-assisted surgery platform. Continued expansion of our presence as a trusted provider of printed electrode solutions in the healthcare diagnostics market. Added two Senior Business Development Directors in January 2026 to drive organic growth in North America and Europe. Successful conversion of our preferred stock into common stock in October 2025, eliminating $400,000 of preferred stock dividends annually. “We are excited about our momentum with both new and existing customers,” said Steven N. Bronson, Chairman, President, and CEO. “We are confident that we are well-positioned for organic growth in 2026 and 2027. In addition, we are actively pursuing acquisitions.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the fourth quarter of 2025 decreased 5% to $2.85 million, compared to $2.99 million in the fourth quarter of 2024. The year‑over‑year decline was driven by lower shipments of the Company’s force-sensing products, partially offset by higher sales of its gas‑sensor products and printed electronics at its Calman Technology subsidiary. Revenue fluctuates periodically in response to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments. Gross margin for the fourth quarter of 2025 was 31.7%, versus 39.6% for the fourth quarter of last year. The decline is primarily due to lower revenue and changes in the mix of our products and services, and also in part due to strengthened Chinese yuan relative to the US dollar which increased the cost of our production activities in China. Net loss for the fourth quarter of 2025 was $574,000, compared to a net loss of $413,000 in the year‑ago period. The increase in net loss was driven by lower revenue and gross margin. Adjusted EBITDA, a non‑GAAP financial measure, was $(511,000), versus $(233,000) in the prior‑year period. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting 40 years of success in delivering mission-critical technologies across diverse markets. Our customers, including global blue-chip companies, trust our products and solutions, which span various markets, including medical, industrial, automotive, wearables, IoT, and other specialty markets. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers’ unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our advanced printed electronics and materials science laboratory in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; and Irvine, Scotland. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” and similar words. Forward-looking statements in our press releases include statements about our projected financial and operating performance, our acquisition program, our strategy and prospects, and our opportunities for organic growth and synergies. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of the respective release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors both because (1) it allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. Company Contact: Interlink Electronics, Inc. Steven N. Bronson, CEO [email protected] 805-623-4184
Investor releaseQuarter not tagged2025-11-13Interlink Electronics Reports Third Quarter 2025 Results
GlobeNewswire
Interlink Electronics Reports Third Quarter 2025 Results
Revenue Up 11% Year-over-Year, Marking Second Consecutive Quarter of Double-Digit Growth Building Momentum for 2026 Through Continued Organic Growth and Strengthened M&A Pipeline FREMONT, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the third quarter ended September 30, 2025. Q3 2025 and Recent Highlights Revenue Growth: Increased revenue 11% year-over-year to $3.0 million. This marks the Company’s second consecutive quarter of delivering double-digit year-over-year revenue growth. Optimized Capital Structure: Converted all outstanding Series A Convertible Preferred Stock into common stock, eliminating overhang and enhancing alignment with shareholders. Additionally, the Company issued a 50% common stock dividend, further enhancing liquidity and strengthening shareholder value. Secured Two Major Design Wins: In October, the Company received a $200,000 SBIR Phase 1 grant from the U.S. Food & Drug Administration (FDA) to advance electrochemical sensors for food-safety and quality monitoring. In September, Interlink was awarded a $175,000 SBIR grant from the United States Department of Agriculture (USDA) to develop an AI-powered food quality & safety monitoring system. Continued Momentum in Inorganic Growth Opportunities: Signed Letter of Intent to acquire a U.K.-based engineering and manufacturing company, strengthening Interlink’s European footprint and capabilities alongside its 2023 acquisition of Calman Technology. The Company continues to evaluate a growing pipeline of acquisition opportunities actively and will pursue transactions that align with long-term shareholder value. Management Commentary “The third quarter represented another step forward for Interlink,” said Steven N. Bronson, Chairman, President, and CEO. “We delivered our second consecutive quarter of double-digit year-over-year revenue growth, reflecting strong execution and growing demand across our core sensor and printed electronics platforms. In parallel, we secured two competitive U.S. government SBIR grants, underscoring our leadership in innovation and the expanding applicability of our technologies in new markets such as food quality and safety. “We also took important steps to strengthen our balance sheet and enhanc…Read full documentShow less
Revenue Up 11% Year-over-Year, Marking Second Consecutive Quarter of Double-Digit Growth Building Momentum for 2026 Through Continued Organic Growth and Strengthened M&A Pipeline FREMONT, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the third quarter ended September 30, 2025. Q3 2025 and Recent Highlights Revenue Growth: Increased revenue 11% year-over-year to $3.0 million. This marks the Company’s second consecutive quarter of delivering double-digit year-over-year revenue growth. Optimized Capital Structure: Converted all outstanding Series A Convertible Preferred Stock into common stock, eliminating overhang and enhancing alignment with shareholders. Additionally, the Company issued a 50% common stock dividend, further enhancing liquidity and strengthening shareholder value. Secured Two Major Design Wins: In October, the Company received a $200,000 SBIR Phase 1 grant from the U.S. Food & Drug Administration (FDA) to advance electrochemical sensors for food-safety and quality monitoring. In September, Interlink was awarded a $175,000 SBIR grant from the United States Department of Agriculture (USDA) to develop an AI-powered food quality & safety monitoring system. Continued Momentum in Inorganic Growth Opportunities: Signed Letter of Intent to acquire a U.K.-based engineering and manufacturing company, strengthening Interlink’s European footprint and capabilities alongside its 2023 acquisition of Calman Technology. The Company continues to evaluate a growing pipeline of acquisition opportunities actively and will pursue transactions that align with long-term shareholder value. Management Commentary “The third quarter represented another step forward for Interlink,” said Steven N. Bronson, Chairman, President, and CEO. “We delivered our second consecutive quarter of double-digit year-over-year revenue growth, reflecting strong execution and growing demand across our core sensor and printed electronics platforms. In parallel, we secured two competitive U.S. government SBIR grants, underscoring our leadership in innovation and the expanding applicability of our technologies in new markets such as food quality and safety. “We also took important steps to strengthen our balance sheet and enhance shareholder alignment by converting all outstanding Series A Convertible Preferred Stock into common stock and issuing a 50% common-stock dividend. These actions simplify our capital structure, improve liquidity, and further position Interlink for sustained growth. “Looking ahead, we are entering 2026 from a position of strength. With momentum across our product lines, a growing base of strategic partnerships, and an expanding pipeline of acquisition opportunities, we believe the coming year will be a transformative period for Interlink as we move toward consistent profitability and scale. Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the third quarter of 2025 increased 11% to $3.0 million, compared to $2.7 million in the third quarter of 2024. The year‑over‑year growth was driven by higher shipments of the Company’s force-sensing products and printed electronics at its Calman Technology subsidiary, partially offset by lower sales of gas‑sensor products. Revenue continues to fluctuate in response to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments. Gross margin for the third quarter of 2025 was 41.8%, a 40-basis-point increase from the third quarter of last year. The improvement is primarily due to higher revenue and favorable changes in product mix. Net loss for the third quarter of 2025 was $336,000, an improvement compared to a net loss of $523,000 in the year‑ago period. The improvement in net loss was driven by higher revenue and slightly lower operating expenses. Adjusted EBITDA, a non‑GAAP financial measure, was $(62,000), an improvement compared to $(248,000) in the prior‑year period. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting 40 years of success in delivering mission-critical technologies across diverse markets. Our customers, including global blue-chip companies, trust our products and solutions, which span various markets, including medical, industrial, automotive, wearables, IoT, and other specialty markets. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers’ unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our Global Product Development and Materials Science Center and distribution and logistics center in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; Irvine, Scotland; and Barnsley, England. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” and similar words. Forward-looking statements in our press releases include statements about our projected financial and operating performance, our acquisition program, our strategy and prospects, and our opportunities for organic growth and synergies. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of the respective release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors both because (1) is allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. Company Contact: Interlink Electronics, Inc. Steven N. Bronson, CEO [email protected] 805-623-4184 Investor Relations Contact: Gateway Group Matt Glover and Clay Liolios [email protected] 949-574-3860
Investor releaseQuarter not tagged2025-08-13Interlink Electronics Reports Strong Second Quarter 2025 Results
GlobeNewswire
Interlink Electronics Reports Strong Second Quarter 2025 Results
Q2 2025 Revenue up 18%, Driving Solid Gross Margins and Profitability Beginning Production on Integrated Sensing Solution for Division of Top 10 Global OEM Awarded $280K SBIR Grant, Underscoring Interlink’s Leading Position in the Gas Sensing Industry FREMONT, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the second quarter ended June 30, 2025. The second quarter of 2025 marked a pivotal step in Interlink’s mission to become a global leader in sensor technology and printed electronic solutions. Progress on key strategic initiatives is positioning the company to achieve its growth and profitability objectives. Q2 2025 and Recent Highlights Revenue growth: Increased revenue 18% year‑over‑year to $3.4 million. Profitability progress: Gross margin improved to 45%, driving $323,000 of adjusted EBITDA (non‑GAAP) and positive net income of $100,000, underscoring Interlink’s disciplined execution and operating leverage. Major design win: In April, secured an integrated sensing solution program with a division of a top‑10 global company. Pre‑production begins this quarter, with approximately $1 million of revenue expected in 2026 and meaningful expansion projected in 2027 and beyond. SBIR award: In August, received a $280,000 SBIR Phase 1 award from the National Institute of Environmental Health Sciences (NIEHS) to develop a high‑resolution, hyper‑local air quality monitoring system using low‑cost gas sensing nodes and advanced AI forecasting. Customer momentum: Continued to expand relationships with new and existing Fortune 500 customers, supported by a scalable product portfolio and disciplined execution. While organic execution remains the top priority, the Company is actively evaluating a growing pipeline of strategic acquisition opportunities and will pursue transactions that align with long‑term goals and enhance shareholder value. Management Commentary “Our second quarter results reflect the tangible progress we are making toward sustainable, profitable growth,” said Steven N. Bronson, Chairman, President, and CEO. “Revenue increased 18% year‑over‑year, driven by higher gas‑sensor shipments, stronger printed electronics demand through our Calman Technology subsidiary, and contributions from our…Read full documentShow less
Q2 2025 Revenue up 18%, Driving Solid Gross Margins and Profitability Beginning Production on Integrated Sensing Solution for Division of Top 10 Global OEM Awarded $280K SBIR Grant, Underscoring Interlink’s Leading Position in the Gas Sensing Industry FREMONT, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the second quarter ended June 30, 2025. The second quarter of 2025 marked a pivotal step in Interlink’s mission to become a global leader in sensor technology and printed electronic solutions. Progress on key strategic initiatives is positioning the company to achieve its growth and profitability objectives. Q2 2025 and Recent Highlights Revenue growth: Increased revenue 18% year‑over‑year to $3.4 million. Profitability progress: Gross margin improved to 45%, driving $323,000 of adjusted EBITDA (non‑GAAP) and positive net income of $100,000, underscoring Interlink’s disciplined execution and operating leverage. Major design win: In April, secured an integrated sensing solution program with a division of a top‑10 global company. Pre‑production begins this quarter, with approximately $1 million of revenue expected in 2026 and meaningful expansion projected in 2027 and beyond. SBIR award: In August, received a $280,000 SBIR Phase 1 award from the National Institute of Environmental Health Sciences (NIEHS) to develop a high‑resolution, hyper‑local air quality monitoring system using low‑cost gas sensing nodes and advanced AI forecasting. Customer momentum: Continued to expand relationships with new and existing Fortune 500 customers, supported by a scalable product portfolio and disciplined execution. While organic execution remains the top priority, the Company is actively evaluating a growing pipeline of strategic acquisition opportunities and will pursue transactions that align with long‑term goals and enhance shareholder value. Management Commentary “Our second quarter results reflect the tangible progress we are making toward sustainable, profitable growth,” said Steven N. Bronson, Chairman, President, and CEO. “Revenue increased 18% year‑over‑year, driven by higher gas‑sensor shipments, stronger printed electronics demand through our Calman Technology subsidiary, and contributions from our recent Conductive Transfers acquisition. Sequential gross margin improvement to 45% reflects disciplined execution and a favorable product mix. We expect to see continued year‑over‑year revenue and gross margin improvements in the second half of 2025 and in to 2026. “Momentum in our gas‑sensor and printed electronics product-lines is particularly encouraging, and we anticipate a steady rebound in our force‑sensing business as demand normalizes. In parallel, we are actively evaluating a robust M&A pipeline and will act when opportunities align with our strategy and enhance shareholder value. “With a sharpened focus, improving financial profile, and multiple growth vectors, we believe 2026 will be a defining year for Interlink, characterized by accelerating top‑line growth, expanding gross margins, and consistent profitability.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Revenue for the second quarter of 2025 increased 18% to $3.4 million, compared to $2.9 million in the second quarter of 2024. The year‑over‑year growth was driven by higher shipments of gas‑sensor products, increased sales of printed electronics through our Calman Technology subsidiary (benefiting in part from a stronger Pound Sterling), and contributions from the recently acquired Conductive Transfers subsidiary, partially offset by lower sales of force‑sensor products. Revenue continues to reflect fluctuations in customer demand, which can vary with order flow and production cycles, impacting both the timing and volume of shipments. Gross margin for the quarter was 45.0%, flat compared to the second quarter of last year, and up from 35.6% in the first quarter of 2025. The sequential improvement primarily reflects higher revenue and favorable product mix. Net income totaled $100,000, compared to a net loss of $307,000 in the year‑ago period. The improvement in net income was driven by higher revenue and lower operating expenses, reflecting reduced headcount and related compensation costs. Adjusted EBITDA, a non‑GAAP financial measure, was $323,000, compared to $(80,000) in the prior‑year period. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting 40 years of success in delivering mission-critical technologies across diverse markets. Our customers, including global blue-chip companies, trust our products and solutions, which span various markets, including medical, industrial, automotive, wearables, IoT, and other specialty markets. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers’ unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our Global Product Development and Materials Science Center and distribution and logistics center in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; Irvine, Scotland; and Barnsley, England. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” and similar words. Forward-looking statements in our press releases include statements about our projected financial and operating performance, our acquisition program, our strategy and prospects, and our opportunities for organic growth and synergies. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of the respective release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors both because (1) is allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. CONTACT: Company Contact: Interlink Electronics, Inc. Steven N. Bronson, CEO [email protected] 805-623-4184 Investor Relations Contact: Gateway Group Matt Glover and Clay Liolios [email protected] 949-574-3860
Investor releaseQuarter not tagged2025-05-13Interlink Electronics Reports First Quarter 2025 Results; Strategic Execution Positions Company for Double-Digit Organic Growth and Profitability in 2026
GlobeNewswire
Interlink Electronics Reports First Quarter 2025 Results; Strategic Execution Positions Company for Double-Digit Organic Growth and Profitability in 2026
• Expanded Gas Sensor Portfolio Targeting High-Value Environmental & Safety Markets • Secures Integrated Sensing Solution Design Win with Division of Top 10 Global OEM • Operational Discipline and Customer Momentum Lay Groundwork for Strong 2026 FREMONT, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the first quarter ended March 31, 2025. We believe the first quarter marked the low point of a transitional year. The Company is focused on executing against its strategic priorities and is laying the foundation for a return to profitability and double-digit organic growth in 2026. Q1 2025 and Recent Operational Highlights In April, secured a major integrated sensing solution design win with a division of a top 10 global company. Pre-production is scheduled to begin in Q3 2025, with almost $1 million of revenue expected in 2026 and meaningful expansion anticipated in 2027 and beyond. Expanded the gas sensor product line, launching multiple new and enhanced offerings, including industry-first odor sensors and new 4-Series carbon monoxide detectors, targeting industrial safety, infrastructure, and environmental monitoring applications. Continued building momentum with new and existing Fortune 500 customers, supported by a scalable product portfolio and strong operational execution. Strengthened positioning in global markets through ongoing product innovation, disciplined go-to-market execution, and customer engagement across multiple growth verticals. Outlook In 2026, Interlink expects to return to profitability, underpinned by double-digit organic revenue growth and a continued recovery in gross margins. While organic execution remains the Company’s top priority, Interlink continues to evaluate a growing pipeline of strategic acquisition opportunities and will act opportunistically when transactions align with long-term goals and enhance shareholder value. Management Commentary “Q1 was in line with our expectations and marks the start of a year focused on disciplined execution and steady progress toward our long-term goals,” said Steven N. Bronson, Chairman, President, and CEO. “We’ve entered 2025 with clarity, focus, and a strong commitment to building a more scalable, innovation-driven business. R…Read full documentShow less
• Expanded Gas Sensor Portfolio Targeting High-Value Environmental & Safety Markets • Secures Integrated Sensing Solution Design Win with Division of Top 10 Global OEM • Operational Discipline and Customer Momentum Lay Groundwork for Strong 2026 FREMONT, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the first quarter ended March 31, 2025. We believe the first quarter marked the low point of a transitional year. The Company is focused on executing against its strategic priorities and is laying the foundation for a return to profitability and double-digit organic growth in 2026. Q1 2025 and Recent Operational Highlights In April, secured a major integrated sensing solution design win with a division of a top 10 global company. Pre-production is scheduled to begin in Q3 2025, with almost $1 million of revenue expected in 2026 and meaningful expansion anticipated in 2027 and beyond. Expanded the gas sensor product line, launching multiple new and enhanced offerings, including industry-first odor sensors and new 4-Series carbon monoxide detectors, targeting industrial safety, infrastructure, and environmental monitoring applications. Continued building momentum with new and existing Fortune 500 customers, supported by a scalable product portfolio and strong operational execution. Strengthened positioning in global markets through ongoing product innovation, disciplined go-to-market execution, and customer engagement across multiple growth verticals. Outlook In 2026, Interlink expects to return to profitability, underpinned by double-digit organic revenue growth and a continued recovery in gross margins. While organic execution remains the Company’s top priority, Interlink continues to evaluate a growing pipeline of strategic acquisition opportunities and will act opportunistically when transactions align with long-term goals and enhance shareholder value. Management Commentary “Q1 was in line with our expectations and marks the start of a year focused on disciplined execution and steady progress toward our long-term goals,” said Steven N. Bronson, Chairman, President, and CEO. “We’ve entered 2025 with clarity, focus, and a strong commitment to building a more scalable, innovation-driven business. Recent customer wins and new product introductions demonstrate that our strategy is beginning to take hold. “We’re particularly encouraged by the traction in our gas sensor product line. Our advancements in odor and carbon monoxide detection represent a meaningful step forward and significantly expand our relevance in high-value environmental and safety applications. “Operationally, we maintain a strong position. Our facility in China offers a low-cost production base, but due to recent tariff fluctuations, we will shift some of our production activities to our facility in Scotland. This move aims to reduce the impact of tariffs on our cost structure and customer pricing. Our diverse global presence and experienced leadership team enable us to adapt to changing trade dynamics while ensuring continuity and high service levels for our customers. “Our focus remains on executing our organic growth strategy and scaling our core business. At the same time, we’re monitoring a healthy M&A pipeline and will act decisively when opportunities align with our long-term goals. We believe 2026 will be a breakout year for Interlink, driven by profitability, margin expansion, and sustained revenue growth. We’re building a platform for durable, long-term value creation, and we believe the best is yet to come.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) First Quarter 2025 Financial Results Revenue was $2.6 million, compared to $3.1 million in the first quarter of 2024. The year-over-year decline was primarily due to lower shipments of traditional force-sensor and gas-sensor products. This was partially offset by increased sales from our Calman Technology subsidiary and contributions from Conductive Transfers, which added revenue from smart textiles, conductive inks, and other printed electronics. Revenue was also affected by fluctuations in customer demand, which can vary based on order flow and production cycles, impacting both the timing and volume of shipments. Gross profit margin was 35.6%, compared to 40.1% in the first quarter of 2024. The year-over-year decline was primarily due to lower revenue and a less favorable product mix. Net loss for the quarter was $805,000, compared to $741,000 in the same period last year. The increase in net loss was largely driven by lower revenue and gross profit, partially offset by reduced operating expenses resulting from lower headcount and related compensation costs. Adjusted EBITDA, a non-GAAP financial metric, was $(623,000), compared to $(508,000) in the prior-year period. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting nearly 40 years of success in delivering mission-critical technologies across diverse markets. Our blue-chip customers benefit from our robust instruments and printed electronics solutions, which span various markets, including industrial, medical, consumer, and automotive. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers’ unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our Global Product Development and Materials Science Center and distribution and logistics center in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; Irvine, Scotland; and Barnsley, England. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” and similar words. Forward-looking statements in this press release include statements about our financial and operating performance for the remainder of 2025 and 2026 and beyond, our ability to mitigate the effects of tariffs, our acquisition strategy and prospects, opportunities for organic growth and synergies, our projections for growth in demand and sales, and our projections of gross margin and profitability. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. These statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors both because (1) is allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. CONTACT: Company Contact: Interlink Electronics, Inc. Steven N. Bronson, CEO [email protected] 805-623-4184 Investor Relations Contact: Gateway Group Matt Glover and Clay Liolios [email protected] 949-574-3860
Investor releaseQuarter not tagged2025-03-27Interlink Electronics Reports Fourth Quarter and Full Year 2024 Results
PR Newswire
Interlink Electronics Reports Fourth Quarter and Full Year 2024 Results
FREMONT, Calif., March 27, 2025 /PRNewswire/ -- Interlink Electronics, Inc. (Nasdaq: LINK) ("Interlink" or the "Company"), a world-leading provider of sensors and printed electronic solutions that support a wide range of applications including Human-Machine Interface devices and Internet-of-Things solutions, today reported financial results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 and Recent Operational Highlights Acquired UK-based Conductive Transfers Limited and its affiliate, Global Print Solutions Limited, including their patented processes for integrating electronics with textiles to create functional e-textiles and wearable technology. The strategic acquisition enhances Interlink's capabilities in the high-growth market of wearables and smart textiles, expanding its product offerings across various sectors, including apparel, healthcare, medical, and automotive. Awarded a $400,000 SBIR Phase II grant from NIST to advance high-volume manufacturing techniques for printed gas sensors. This funding will support the development of automated production tools and testing methods essential for scaling sensor output to over 10 million units annually, targeting expanded applications in consumer markets. Awarded a $150,000 SBIR Phase I grant from NASA to develop integrated systems and predictive models for early identification of factors affecting air quality. This initiative highlights Interlink's expertise in gas sensor research and aims to create accurate, low-power, and cost-effective outdoor air quality monitoring nodes that seamlessly integrate with NASA's Remote Sensing Network. Unveiled the 110-37x sensor family at CES 2025, introducing industry-first electrochemical sensors capable of detecting Tert-Butyl Mercaptan (TBM) and Tetra-Hydrothiophene (THT), compounds added to natural gas for leak detection. These sensors aim to enhance safety in domestic, commercial, and industrial environments by providing automated and reliable detection of natural gas odorants. Strengthened its leadership team with the appointment of Lars Timmer as Senior Business Development Manager in Europe and the promotions of Declan Flannery to VP of Strategic Alliances and Dr. Sreeni Rao to VP of Product Management. These moves support the company's strategic growth across global markets and product lines. Designated its new Fremont, California (Silicon…Read full documentShow less
FREMONT, Calif., March 27, 2025 /PRNewswire/ -- Interlink Electronics, Inc. (Nasdaq: LINK) ("Interlink" or the "Company"), a world-leading provider of sensors and printed electronic solutions that support a wide range of applications including Human-Machine Interface devices and Internet-of-Things solutions, today reported financial results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 and Recent Operational Highlights Acquired UK-based Conductive Transfers Limited and its affiliate, Global Print Solutions Limited, including their patented processes for integrating electronics with textiles to create functional e-textiles and wearable technology. The strategic acquisition enhances Interlink's capabilities in the high-growth market of wearables and smart textiles, expanding its product offerings across various sectors, including apparel, healthcare, medical, and automotive. Awarded a $400,000 SBIR Phase II grant from NIST to advance high-volume manufacturing techniques for printed gas sensors. This funding will support the development of automated production tools and testing methods essential for scaling sensor output to over 10 million units annually, targeting expanded applications in consumer markets. Awarded a $150,000 SBIR Phase I grant from NASA to develop integrated systems and predictive models for early identification of factors affecting air quality. This initiative highlights Interlink's expertise in gas sensor research and aims to create accurate, low-power, and cost-effective outdoor air quality monitoring nodes that seamlessly integrate with NASA's Remote Sensing Network. Unveiled the 110-37x sensor family at CES 2025, introducing industry-first electrochemical sensors capable of detecting Tert-Butyl Mercaptan (TBM) and Tetra-Hydrothiophene (THT), compounds added to natural gas for leak detection. These sensors aim to enhance safety in domestic, commercial, and industrial environments by providing automated and reliable detection of natural gas odorants. Strengthened its leadership team with the appointment of Lars Timmer as Senior Business Development Manager in Europe and the promotions of Declan Flannery to VP of Strategic Alliances and Dr. Sreeni Rao to VP of Product Management. These moves support the company's strategic growth across global markets and product lines. Designated its new Fremont, California (Silicon Valley) facility, which drives gas sensor and instrument R&D and product development, as its corporate headquarters. Management Commentary "2024 marked the beginning of an exciting new chapter for Interlink, driven by continued innovation, key leadership appointments, and the strategic acquisition of Conductive Transfers Limited," said Steven N. Bronson, Chairman, President, and CEO of Interlink Electronics. "With Conductive Transfers, we've expanded into the high-growth market of e-textiles and wearables, broadening our product offerings across healthcare, apparel, automotive, and more. We also made significant advancements in our sensor technologies, underscored by multiple government grants and the launch of our groundbreaking 110-37x gas sensor family at the outset of 2025. "As we look toward 2025, we remain focused on driving growth across all divisions of the company. After a year of significant progress, our product portfolio is now strategically positioned for organic growth as we unlock synergies across our network and leverage common sales partners to broaden our footprint. The designation of our Fremont facility as our corporate headquarters further strengthens our presence in the heart of Silicon Valley and supports our global expansion efforts. "With a strong capital position, a unified leadership team, and growing demand for our advanced sensor and printed electronics solutions, we believe we are well positioned to deliver long-term value for our shareholders." Fourth Quarter 2024 Financial Results Revenue was $3.0 million, compared to $3.5 million in the fourth quarter of 2023. The decrease was primarily driven by lower shipments of traditional force-sensor products, partially offset by higher sales in our Gas and Environmental Sensors division and increased sales of printed electronics and other products at our Calman Technology subsidiary. Revenue was also impacted by fluctuations in customer demand, which can vary from period to period based on customers' order flow and production cycles, affecting both the timing and volume of orders. Gross profit margin was 39.6%, compared to 41.0% in the year-ago period. The decline was primarily due to lower revenue and a less favorable product mix. Net loss for the fourth quarter was $413,000, an improvement from a net loss of $448,000 in the same period of 2023. The year-over-year improvement was primarily driven by lower intangible asset amortization expenses related to Calman Technology, as the fourth quarter of 2023 included a $329,000 cumulative catch-up amortization recorded following the finalization of the valuation report and purchase price allocation. Adjusted EBITDA, a non-GAAP financial metric, was $(233,000) compared to $(1,000) in the fourth quarter of 2023. Full Year 2024 Financial Results Revenue was $11.7 million, compared to $13.9 million in the prior year. The decrease was primarily driven by lower shipments of traditional force-sensor products, partially offset by higher sales in the Gas and Environmental Sensors division and increased sales of printed electronics and other products at Calman. Revenue was also impacted by fluctuations in customer demand, which can vary from period to period based on customers' order flow and production cycles, affecting both the timing and volume of orders. Gross profit margin was 41.5%, compared to 47.1% in 2023. The decline was primarily due to lower revenue and a less favorable product mix. Net loss was $2.0 million, compared to $383,000 in the prior year. The increase was primarily driven by lower revenue and gross profit, partially offset by reduced compensation costs due to a smaller workforce and lower professional services expenses. Adjusted EBITDA, a non-GAAP financial metric, was $(1.1) million, compared to $447,000. About Interlink Electronics, Inc. Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting nearly 40 years of success in delivering mission-critical technologies across diverse markets. Our blue-chip customers benefit from our robust instruments and printed electronics solutions, which span various markets, including industrial, medical, consumer, and automotive. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers' unique needs. We serve our international customer base from our corporate headquarters and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our Global Product Development and Materials Science Center and distribution and logistics center in Camarillo, California; and our advanced printed-electronics manufacturing facilities in Shenzhen, China; Irvine, Scotland; and Barnsley, England. For more information, please visit www.InterlinkElectronics.com. Forward Looking Statements This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," and similar words. Forward-looking statements in this press release include statements about our acquisition strategy and prospects, the potential for sales and product development associated with SBIR grants, opportunities for organic growth and synergies, and our projections for growth in demand and sales. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. These statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the company's industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company's forward-looking statements include, among other things, the following: our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measure To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles ("GAAP"), we use the following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We define Adjusted EBITDA for a particular period as net income (loss) before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense. We use this non-GAAP financial measure for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods. This non-GAAP financial measure also facilitates management's internal comparisons to our historical performance and liquidity as well as comparisons to our competitors' operating results. We believe this non-GAAP financial measure is useful to investors both because (1) is allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) it is used by our investors to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. Company Contact: Interlink Electronics, Inc. Steven N. Bronson, CEO [email protected] 805-623-4184 Investor Relations Contact: Gateway Group Matt Glover and Clay Liolios [email protected] 949-574-3860 View original content to download multimedia:https://www.prnewswire.com/news-releases/interlink-electronics-reports-fourth-quarter-and-full-year-2024-results-302412719.html SOURCE Interlink Electronics

