Interlink Electronics, Inc.
6.27+0.02 (+0.27%)
Oct 29, 4:00:02 PM EDT · NasdaqCM · LINK · USD
Key Stats
Market Cap
92.77MP/E (TTM)
-Basic EPS (TTM)
-0.13Dividend Yield
0%Recent Filings
8-K
Preferred stock converted to common
Interlink Electronics triggered the mandatory conversion of all its 8.00% Series A Convertible Preferred Stock into common stock on October 15, 2025, after the stock price hit $10.00 or higher for 20 trading days in a 30-day stretch. Each preferred share swapped for three common shares, simplifying the capital structure while ditching the 8% dividend drag. This move streamlines ownership. Yet, it floods the market with new shares, potentially pressuring the stock price.
10-Q
Q2 FY2025 results
Interlink Electronics posted Q2 revenue of $3.4M, up 17.8% y/y from $2.9M, fueled by industrial and automotive gains while medical dipped; gross margin held steady at 45.0%. Operating income flipped to $66K from a $313K loss, thanks to R&D cuts, though YTD shows a $783K operating loss on flat $6.1M revenue. Diluted EPS came in at breakeven, matching shares at 9,864K, but YTD loss per share hit $(0.09) after $200K preferred dividends; anti-dilution from convertibles flagged. Cash dipped to $2.3M with $409K operating outflow, no debt, and FCF not disclosed in the 10-Q. The December 2024 Conductive Transfers buy for $314K cash added developed tech but no goodwill. Yet supply chain snarls linger as a drag.
8-K
Q2 revenue surges 18%
Interlink Electronics reported Q2 2025 revenue of $3.4 million, up 18% year-over-year, fueled by gas-sensor shipments, printed electronics demand, and the recent Conductive Transfers acquisition, while force-sensor sales dipped. Gross margins held steady at 45%, yielding $100,000 net income and $323,000 adjusted EBITDA. A major design win with a top-10 global OEM promises $1 million revenue in 2026, expanding thereafter; a $280K SBIR grant bolsters gas-sensing innovation. Momentum builds, yet customer demand fluctuations persist.
8-K
Annual meeting elects directors
Interlink Electronics held its 2025 annual stockholder meeting on June 3, with 95.69% of shares represented. Steven N. Bronson, Joy C. Hou, David J. Wolenski, and Maria N. Fregosi were elected as directors, each garnering over 8.4 million votes. Stockholders approved executive compensation in an advisory vote and ratified LMHS, P.C. as auditors for the year ending December 31, 2025. Strong turnout signals investor alignment.
8-K
ATM equity sales agreement
Interlink Electronics inked an at-the-market sales agreement with Lake Street Capital Markets on May 15, 2025, enabling sales of up to $6 million in common stock over time. This flexible funding tool bolsters liquidity for working capital, capital expenditures, product development, and potential acquisitions—though none are committed yet. Commissions run at 3% of gross proceeds. No specific volume or timing disclosed.
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