LINK · Interlink Electronics, Inc.

Interlink Electronics delivered a strong quarter with revenue growth of 15.4% to $3.07 million, primarily from increased shipments of force-sensing and printed electronics products, though partially offset by lower gas-sensor sales. Gross margins expanded significantly by 8 percentage points to 43.5%, reflecting higher volumes and a more favorable product mix. Operating expenses were relatively stable at $1.786 million, with engineering R&D down to $303,000 from $434,000, while SG&A rose modestly to $1.483 million. This drove a 47% reduction in operating loss to $450,000 and a 58% narrower net loss of $338,000, or $(0.02) per diluted share. Adjusted EBITDA loss improved sharply by 73% to $(168,000), underscoring better underlying profitability excluding non-cash items. Balance sheet remains solid with $2.1 million in cash and $8.7 million in equity as of March 31, 2026, versus $11.7 million total assets at year-end. CEO Steven N. Bronson highlighted commercial momentum, including a non-binding LOI for an acquisition targeting mission-critical manufacturing in semiconductor, defense, and aerospace, plus new developments in intelligent test strips, FDA-approved wearables, and a UK facility launch in July to advance conductive transfer technology for smart textiles. Revenues remain subject to customer order flow variability, but the diversified pipeline across medical, industrial, and wearables positions the company for growth.