🔴 Intellicheck Mobilisa is trading 8% down in after-hours trading after outlook cut and major customer transition

Intellicheck Mobilisa is trading 8% down at $3.45 in after-hours trading after August 13, 2026 earnings, as a major customer transitions to a multi-source vendor model expected to reduce transaction volumes.

• Q2 revenue: $5.9 million; net income: $0.7 million; adjusted EBITDA: $1.1 million.
• The customer represented approximately 29% of first-half revenue; management lowered full-year 2026 outlook, raising concern over forward revenue visibility despite the profitability milestone.
• The move followed the regular session close; no separate major announcement was identified.