Interlink Electronics, Inc.
Description
Interlink Electronics, Inc. designs, develops, manufactures, and sells force-sensing and gas-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions. The company's products include sensor components, subassemblies, modules, and products that support cursor control and novel three-dimensional user inputs. It also provides simple force and piezo sensors to multi-finger capable rugged trackpads; force-sensing resistor sensors; force sensing linear potentiometers for menu navigation and control; and integrated mouse modules and pointing solutions to various electronic devices. In addition, the company offers human machine interface technology platforms for various applications, including vehicle entry, vehicle multi-media control interface, rugged touch controls, presence detection, collision detection, speed and torque controls, pressure mapping, biological monitoring, and others; and embedded firmware development and integration support services. Further, it provides Eco Sensors branded line of ozone monitors and detectors; solutions for in-line carbon monoxide monitoring; screen-printed electrochemical gas sensors; and gas-sensor modules. The company serves multi-national and start-up companies, technology design houses, original design manufacturers, original equipment manufacturers, and universities in various markets, such as consumer electronics, automotive, industrial, defense and environmental monitoring, industrial automation, and medical through direct sales employees, as well as outside sales representatives and distributors. It operates in the United States, Asia, the Middle East, Europe, and internationally. Interlink Electronics, Inc. was incorporated in 1985 and is headquartered in Irvine, California.
About
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 7, 2025 | — | — | — | — |
| May 7, 2025 | — | — | — | — |
| Mar 19, 2025 | -0.05 | — | — | — |
| Nov 7, 2024 | -0.05 | -0.06 | -0.01 | 20.00% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 1 |
| Average estimate | — | -0.06 | — | -0.21 |
| Low estimate | — | -0.06 | — | -0.21 |
| High estimate | — | -0.06 | — | -0.21 |
| Last year EPS | — | -0.09 | — | -0.21 |
Growth estimates
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Mar 31, 2023 |
Maxim Group
Allen Klee
|
Maintains | Buy | ▲ Raises $18 → $20 |
| Feb 6, 2023 |
Maxim Group
Allen Klee
|
Initiates | Buy | Announces $18 |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 13.94M | 7.49M | 7.48M | 6.89M | 7.31M |
| Cost of revenue | 7.38M | 3.63M | 3.42M | 2.99M | 4.00M |
| Gross profit | 6.56M | 3.86M | 4.06M | 3.90M | 3.31M |
| Operating expense | |||||
| Research & development | 2.33M | 1.22M | 893,000 | 918,000 | 916,000 |
| Selling general and admin | 4.67M | 3.31M | 3.24M | 2.87M | 2.61M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -439,000 | -668,000 | -79,000 | 110,000 | -214,000 |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | 164,000 | 2.61M | -50,000 | -92,000 | 39,000 |
| Pretax income | -275,000 | 1.94M | -129,000 | 18,000 | -175,000 |
| Tax provision | 108,000 | 271,000 | 605,000 | -95,000 | 282,000 |
| Net income | -383,000 | 1.67M | -734,000 | 113,000 | -457,000 |
| Basic EPS | -0.08 | 0.13 | -0.08 | 0.01 | -0.05 |
| Diluted EPS | -0.08 | 0.13 | -0.08 | 0.01 | -0.05 |
| Basic average shares | 9.89M | 9.90M | 9.90M | 9.88M | 9.81M |
| Diluted average shares | 9.89M | 9.90M | 9.90M | 9.88M | 9.81M |
| EBITDA | 424,000 | -420,000 | 202,000 | 403,000 | 229,000 |
| Net income from continuing op. | -383,000 | 1.67M | -734,000 | 113,000 | -457,000 |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 15.06M | 14.98M | 13.78M | 10.02M | 9.33M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 4.30M | 10.09M | 10.78M | 6.12M | 5.81M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 2.17M | 1.18M | 1.08M | 1.11M | 730,000 |
| Other receivables | — | — | — | — | — |
| Inventory | 2.48M | 2.11M | 814,000 | 866,000 | 927,000 |
| Prepaid assets | — | — | 391,000 | 392,000 | 330,000 |
| Restricted cash | — | — | 5,000 | 5,000 | 32,000 |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 381,000 | 321,000 | 391,000 | 392,000 | 330,000 |
| Non current assets | |||||
| Properties | 143,000 | 172,000 | 163,000 | 334,000 | 203,000 |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 2.01M | 1.69M | 1.70M | 1.66M | 1.63M |
| Construction in progress | — | — | — | — | — |
| Leases | 412,000 | 417,000 | 444,000 | 538,000 | 527,000 |
| Accumulated depreciation | -2.11M | -1.92M | -1.80M | -1.79M | -1.52M |
| Goodwill | 7.58M | 1.38M | 131,000 | 195,000 | 171,000 |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 2.65M | 76,000 | 131,000 | 195,000 | 171,000 |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 163,000 | 199,000 | 80,000 | 590,000 | 494,000 |
| Total liabilities | 2.03M | 1.14M | 1.07M | 1.18M | 761,000 |
| Current liabilities | |||||
| Accounts payable | 464,000 | 273,000 | 338,000 | 235,000 | 218,000 |
| Accrued expenses | 492,000 | 568,000 | 507,000 | 343,000 | 299,000 |
| Short term debt | 126,000 | 131,000 | 138,000 | 405,000 | 154,000 |
| Deferred revenue | — | — | — | — | 13,000 |
| Tax payable | 293,000 | 117,000 | 54,000 | 59,000 | 3,000 |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 33,000 | 46,000 | 37,000 | 140,000 | 66,000 |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 626,000 | — | — | — | 8,000 |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 10,000 | 10,000 | 7,000 | 7,000 | 7,000 |
| Retained earnings | -49.46M | -48.68M | -49.95M | -49.17M | -49.28M |
| Other shareholders equity | 200,000 | -98,000 | 96,000 | 37,000 | -93,000 |
| Total shareholders equity | 13.03M | 13.85M | 12.71M | 8.84M | 8.57M |
| Additional paid in capital | 62.28M | 62.61M | 62.55M | 57.97M | 57.94M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -383,000 | 1.67M | -734,000 | 113,000 | -457,000 | 1.26M | 2.89M | 1.73M | 1.52M | -22,000 | 102,000 | -9.63M | -11.42M | -8.31M | -2.28M | 1.07M | -4.26M | -2.01M | 3.11M | 2.11M | 400,000 | — | 500,000 | 200,000 | -1.10M | -3.90M |
| Depreciation | 863,000 | 248,000 | 281,000 | 293,000 | 443,000 | 190,000 | 65,000 | 56,000 | 80,000 | 124,000 | 143,000 | 627,000 | 356,000 | 989,000 | 609,000 | 593,000 | 805,000 | 773,000 | 688,000 | 630,000 | 500,000 | 700,000 | 600,000 | 400,000 | 300,000 | 200,000 |
| Deferred Taxes | -83,000 | -131,000 | 519,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.30M | -701,000 | -600,000 | — | — | — | — | — | — | — |
| Stock-Based Compensation | 15,000 | 15,000 | 20,000 | 26,000 | 75,000 | 122,000 | 119,000 | 89,000 | — | — | — | 3.04M | 4.23M | 108,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 11,000 | -7,000 | -15,000 | 9,000 | — | — | 21,000 | 69,000 | -77,000 | 32,000 | 38,000 | 63,000 | 282,000 | 1.99M | — | — | — | — | — | — | — | 100,000 | 100,000 | -100,000 | 3.40M | -200,000 |
| Accounts Receivable | -291,000 | 216,000 | 33,000 | -383,000 | 50,000 | 352,000 | -127,000 | 229,000 | -291,000 | -677,000 | -230,000 | -1.49M | 517,000 | -1.22M | 1.09M | -3.99M | 261,000 | 2.80M | -1.76M | -481,000 | -1.20M | -2.20M | -1.40M | -900,000 | -200,000 | -300,000 |
| Accounts Payable | 87,000 | -209,000 | 88,000 | -31,000 | -86,000 | -69,000 | -160,000 | 11,000 | 161,000 | -35,000 | 9,000 | — | — | 90,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 284,000 | -286,000 | 585,000 | -209,000 | 25,000 | 142,000 | -959,000 | 20,000 | -393,000 | -23,000 | -157,000 | 1.76M | -3.13M | 1.42M | -790,000 | -1.81M | 1.80M | 446,000 | -1.94M | -430,000 | -600,000 | -2.50M | -1.10M | -1.70M | -300,000 | 500,000 |
| Operating Cash Flow | 503,000 | 1.52M | 777,000 | -182,000 | 50,000 | 2.00M | 1.85M | 2.21M | 1.00M | -601,000 | -95,000 | -5.64M | -9.17M | -4.93M | -1.38M | -4.15M | -94,000 | 1.30M | -507,000 | 1.83M | -900,000 | -3.90M | -1.30M | -2.10M | 2.10M | -3.70M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -123,000 | -42,000 | -159,000 | -7,000 | -141,000 | -394,000 | -191,000 | -68,000 | -118,000 | -77,000 | -40,000 | -226,000 | -706,000 | -362,000 | -973,000 | -643,000 | -504,000 | -413,000 | -640,000 | -529,000 | -800,000 | -600,000 | -400,000 | -500,000 | -600,000 | -300,000 |
| Net Intangibles | — | — | — | -83,000 | -92,000 | -35,000 | -39,000 | — | -12,000 | -6,000 | — | -51,000 | -17,000 | -101,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -4.76M | -1.67M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | -6.03M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -2.46M | — | — | — | — | — | — | — | — |
| Sale of Investments | — | 8.48M | — | — | — | — | — | — | — | — | — | 1.60M | 8.40M | — | — | — | 2.46M | — | — | — | — | — | — | 500,000 | — | — |
| Investing Cash Flow | -4.89M | 735,000 | -159,000 | -7,000 | -141,000 | -394,000 | -191,000 | -68,000 | -118,000 | -77,000 | -40,000 | 1.37M | 7.69M | -362,000 | -1.10M | -820,000 | 1.94M | -2.87M | -714,000 | -633,000 | -800,000 | -600,000 | -600,000 | -200,000 | -700,000 | -700,000 |
| Financing Activities | ||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | 186,000 | — | — | — | — | — | — | — | 4.80M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | — | — | — | — | — | — | — | — | — | — | -152,000 | -156,000 | -588,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | — | — | — | — | — | — | — | — | 5,000 | -2.94M | 166,000 | — | — | 87,000 | — | — | — | — | 300,000 | 200,000 | -100,000 | — | — | -200,000 |
| Financing Cash Flow | -750,000 | -350,000 | 4.52M | 372,000 | -6,000 | — | — | — | — | — | 5,000 | 1.71M | 10,000 | -588,000 | 16.17M | 2.68M | 45,000 | 1.03M | 1.43M | 1.50M | 400,000 | 4.10M | 1.80M | 3.90M | 400,000 | 7.10M |
| Other Cash Details | ||||||||||||||||||||||||||
| End Cash Position | 4.30M | 10.09M | 10.78M | 6.13M | 5.84M | 7.78M | 6.01M | 4.43M | 2.38M | 1.49M | 2.10M | 12.66M | 1.34M | 3.94M | 19.07M | 6.06M | 7.91M | 6.87M | 10.51M | 7.49M | 3.90M | 4.20M | — | — | — | — |
| Income Tax Paid | 487,000 | 272,000 | 138,000 | 137,000 | 247,000 | -687,000 | -587,000 | 4,000 | 1,000 | 1,000 | 2,000 | 53,000 | 424,000 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | 56,000 | 15,000 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | -239,000 | -957,000 | 72,000 | -51,000 | -231,000 | 1.62M | 1.66M | 2.07M | 877,000 | -616,000 | -164,000 | -2.67M | -10.99M | -4.65M | -2.23M | -4.18M | -53,000 | -168,000 | -725,000 | 2.33M | -1.30M | -3.60M | -1.70M | -1.80M | -2.50M | -4.50M |
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