Identiv, Inc.

Identiv, Inc. reported a net loss of $18.0 million for fiscal year 2025, consistent with the prior year's net loss from continuing operations of $25.9 million. Net revenue declined 19% year-over-year to $21.5 million, primarily due to lower unit sales of RFID transponder products as the company exited low-margin business and reduced sales to its largest customer. Gross profit improved significantly to $1.3 million (6.1% margin) from $0.3 million (1.3% margin) in 2024, driven by reduced fixed manufacturing overhead costs following the transition of all RFID production to Thailand and the shutdown of the Singapore facility. The company completed the sale of its Physical Security Business in September 2024, receiving gross proceeds of approximately $143.9 million, which contributed to a strong cash position of $128.6 million at year-end. Operating expenses decreased 17% to $23.5 million, while interest income increased to $5.0 million due to higher cash balances.

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