Intellicheck, Inc. Goodwill & Intangibles Disclosure
| Estimated Useful Life | As of December 31, 2025 | ||||||||||||||||||||||
| Adjusted Carrying Amount | Accumulated Amortization | Net | |||||||||||||||||||||
| Patents and copyrights | 2-17 years | $ | 375 | $ | (351) | $ | 24 | ||||||||||||||||
| Developed technology | 5 years | 400 | (400) | — | |||||||||||||||||||
| Software development | 5 years | 2,667 | (614) | 2,053 | |||||||||||||||||||
| $ | 3,442 | $ | (1,365) | $ | 2,077 | ||||||||||||||||||
| Estimated Useful Life | As of December 31, 2024 | ||||||||||||||||||||||
| Adjusted Carrying Amount | Accumulated Amortization | Net | |||||||||||||||||||||
| Patents and copyrights | 2-17 years | $ | 375 | $ | (325) | $ | 50 | ||||||||||||||||
| Developed technology | 5 years | 400 | (387) | 13 | |||||||||||||||||||
| Software development | 5 years | 2,455 | (144) | 2,311 | |||||||||||||||||||
| $ | 3,230 | $ | (856) | $ | 2,374 | ||||||||||||||||||
| Years Ended December 31, | |||||||||||
| 2025 | 2024 | ||||||||||
| Cost of revenues | $ | 499 | $ | 181 | |||||||
| Selling, general and administrative | 10 | 10 | |||||||||
| Research and development | — | 58 | |||||||||
| $ | 509 | $ | 249 | ||||||||
| 2026 | $ | 549 | |||
| 2027 | 539 | ||||
| 2028 | 533 | ||||
| 2029 | 389 | ||||
| 2030 | 67 | ||||
| $ | 2,077 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 19, 2026 | Showing above |
| 2024 | Mar 31, 2025 | |
| 2023 | Apr 1, 2024 | |
| 2022 | Mar 28, 2023 | |
| 2021 | Mar 24, 2022 | |
| 2020 | Mar 29, 2021 | |
| 2019 | Mar 19, 2020 | |
| 2018 | Mar 21, 2019 | |
| 2017 | Mar 23, 2018 | |
| 2016 | Mar 30, 2017 | |
| 2015 | Mar 25, 2016 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.