Intellicheck Mobilisa is trading 10.9% down now at $3.34 after its August 13, 2026 earnings release highlighted major customer transition risk.
- Second-quarter revenue reached $5.9 million, while net profit was $0.7 million.
- A customer representing approximately 29% of first-half revenue is moving to a multi-source vendor model and testing alternatives, potentially reducing transaction volumes.
- The customer risk appears to outweigh the earnings beat in after-hours trading.