Intellicheck Mobilisa Inc. (IDN) reported that its fourth-quarter net loss was $1.96 million or $0.07 per share compared to a net loss of $14,000 or break even per share in the year ago quarter.
Revenues for the quarter were $528,000 compared to $2.87 million in the same period of the previous year.
Included in the revenue for the latest-quarter was an adjustment of $671,000 relating to the uncertainty of the collection of certain accounts receivable regarding a contract with the U.S. Navy, which the company learned about during the fourth quarter of 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.