Form 8-K

8-K — INTERLINK ELECTRONICS INC

Accession: 0001104659-26-061165

Filed: 2026-05-14

Period: 2026-05-14

CIK: 0000828146

SIC: 3577 (COMPUTER PERIPHERAL EQUIPMENT, NEC)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — tm2614561d1_8k.htm (Primary)

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2026-05-14

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT

REPORT

PURSUANT TO SECTION

13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): May 14, 2026

INTERLINK ELECTRONICS, INC.

(Exact Name of Registrant as Specified in Charter)

Nevada

001-37659

77-0056625

(State or Other Jurisdiction

(Commission

(IRS Employer

of Incorporation)

File Number)

Identification No.)

48389 Fremont Boulevard, Suite 110

Fremont, California

94538

(Address of Principal Executive Offices)

(Zip Code)

(510) 244-0424

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, $0.001 par value

LINK

The NASDAQ Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c)) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02. Results of Operations and Financial Condition.

On May 14, 2026, Interlink Electronics, Inc. announced

its financial results for the quarter ended March 31, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this

Current Report on Form 8-K.

The information in this Item 2.02 of Current Report

on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for purposes of Section

18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor

shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set

forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are filed as part

of this Current Report on Form 8-K:

Exhibit

Number

Description

99.1

Press Release Issued by Interlink Electronics, Inc. dated May 14, 2026.

104

Cover Page Interactive Data File for this Current Report on Form 8-K (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 14, 2026

INTERLINK ELECTRONICS, INC.

By:

/s/ Ryan J. Hoffman

Ryan J. Hoffman

Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2614561d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Interlink Electronics Reports First Quarter

2026 Results

FREMONT, Calif., May. 14, 2026 (GLOBE NEWSWIRE) – Interlink

Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and

printed electronic solutions, today reported results for the first quarter ended March 31, 2026.

Q1 2026 and Recent Highlights

· We

recently announced a non-binding letter of intent to acquire an established provider of high-performance

manufacturing solutions serving mission-critical sectors such as semiconductor, defense,

laser and photonics, commercial high-tech, and aerospace.

· In

Q1, revenue grew by 15% year over year, and gross margins improved by 8 percentage points

to 43%.

· We

are leveraging our expertise in printed electronics to develop electrodes for intelligent

test strips used in connected point-of-care and home-testing platforms. As a strategic manufacturing

partner for these electrodes, we anticipate the first product will enter clinical trials

soon, with initial production later this year, if successful, and significant volume expected

in 2027.

· We

have begun developing the third generation of a wearable product that uses our proprietary

conductive transfer process in an FDA-approved muscle stimulation device. Our technology

enhances patient comfort and supports the high success rate of this therapeutic device.

· We

plan to launch a new R&D and production facility in South Yorkshire, England at the beginning

of July to advance our Conductive Transfer technology for smart textiles and wearable

devices.

“I’m excited about our recent commercial momentum and

acquisition activity,” said Steven N. Bronson, Chairman, President, and CEO. “We are positioning the business for the next

level by capitalizing on our diversified technology offerings, global customers, and footprint.”

Consolidated Financial Results

(Amounts in thousands except per share data and percentages)

Three Months Ended March 31,

2026

2025

$ ∆

% ∆

Revenue

$ 3,074

$ 2,664

$ 410

15.4 %

Gross profit

$ 1,336

$ 949

$ 387

40.8 %

Gross margin

43.5 %

35.6 %

Loss from operations

$ (450 )

$ (849 )

$ 399

47.0 %

Net loss

$ (338 )

$ (805 )

$ 467

58.0 %

Net loss applicable to common stockholders

$ (338 )

$ (905 )

$ 567

62.7 %

Earnings (loss) per common share – diluted

$ (0.02 )

$ (0.06 )

$ 0.04

66.7 %

Adjusted EBITDA

$ (168 )

$ (623 )

$ 455

73.0 %

Revenue for the first quarter of 2026 increased 15% to $3.07 million,

compared to $2.66 million in the first quarter of 2025. The increase was driven by higher shipments of the Company’s force-sensing

and printed electronics products, partially offset by lower sales of its gas-sensor products. Revenues fluctuate periodically in response

to changes in customer demand, which can vary with order flow and production cycles, affecting both the timing and volume of shipments.

Gross margin for the first quarter of 2026 was 43.5%, versus 35.6%

for the first quarter of last year. The increase was due to higher revenue and changes in the mix of our products and services.

Net loss for the first quarter of 2026 was $338,000, compared to a

net loss of $805,000 in same quarter last year. The decrease in net loss was driven by higher revenue and gross profit.

Adjusted EBITDA, a non-GAAP financial measure, was $(168,000), versus

$(623,000) in the prior-year period.

About Interlink Electronics, Inc.

Interlink Electronics is a leading provider of sensors and printed

electronic solutions, boasting 40 years of success in delivering mission-critical technologies across diverse markets. Our customers,

including global blue-chip companies, trust our products and solutions, which span various markets, including medical, industrial, automotive,

wearables, IoT, and other specialty markets. Our expertise in materials science, manufacturing, embedded electronics, firmware,

and software enables us to create custom solutions tailored to our customers’ unique needs.

We serve our international customer base from our corporate headquarters

and proprietary gas sensor production and product development facility in Fremont, California (Silicon Valley area); our advanced printed

electronics and materials science laboratory in Camarillo, California; and our advanced printed-electronics manufacturing facilities

in Shenzhen, China; and Irvine, Scotland.

For more information, please visit www.InterlinkElectronics.com.

Forward Looking Statements

This release contains “forward-looking statements”

within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements

can be generally identified by phrases such as “thinks,” “anticipates,” “believes,” “estimates,”

“expects,” “intends,” “plans,” and similar words. Forward-looking statements in our press releases

include statements about our projected financial and operating performance, our acquisition program, our strategy and prospects, and

our opportunities for organic growth and synergies. Forward-looking statements are not guarantees of future performance and are inherently

subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement.

Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including

management’s own knowledge and assessment of the company’s industry, R&D initiatives, competition and capital requirements.

Other factors and uncertainties that could affect the company’s forward-looking statements include, among other things, the following:

our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of

technological developments and industry standards evolution and their effect on our target product and market choices; the effect of

outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of

our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products;

continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of

international sales and operations including fluctuations in exchange rates and tariffs; compliance with regulatory requirements applicable

to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially

from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s

Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or

Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date

of the respective release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether

as a result of new information, future events or otherwise.

Non-GAAP Financial Measure

To supplement our condensed consolidated financial statements, which

are prepared and presented in accordance with United States generally accepted accounting principles (“GAAP”), we use the

following non-GAAP financial measure: Adjusted EBITDA. The presentation of this financial information is not intended to be considered

in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

We define Adjusted EBITDA for a particular period as net income (loss)

before interest, taxes, depreciation and amortization, and as further adjusted for stock-based compensation expense.

We use this non-GAAP financial measure for financial and operational

decision-making and as a means to evaluate period-to-period comparisons. We believe that this non-GAAP financial measure provides meaningful

supplemental information regarding our performance by excluding certain items that may not be indicative of our core business operating

results, such as amortization expense related to our recent acquisitions. We believe that both management and investors benefit from

referring to this non-GAAP financial measure in assessing our performance and when planning, forecasting, and analyzing future periods.

This non-GAAP financial measure also facilitates management’s internal comparisons to our historical performance and liquidity

as well as comparisons to our competitors’ operating results. We believe this non-GAAP financial measure is useful to investors

both because (1) it allows for greater transparency with respect to key metrics used by management in its financial and operational

decision-making and (2) it is used by our investors to help them analyze the health of our business.

There are a number of limitations related to the use of non-GAAP financial

measures. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP

financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with

GAAP.

Company Contact:

Interlink Electronics, Inc.

Steven N. Bronson, CEO

LINK@IESensors.com

805-623-4184

INTERLINK ELECTRONICS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

March 31,

December 31,

2026

2025

(in thousands)

ASSETS

Current assets

Cash and cash equivalents

$ 2,106

$ 2,724

Accounts receivable, net

1,709

1,542

Inventories

1,987

1,801

Prepaid expenses and other current assets

280

236

Total current assets

6,082

6,303

Property, plant and equipment, net

422

474

Intangible assets, net

1,139

1,333

Goodwill

2,539

2,586

Right-of-use assets

669

760

Deferred tax assets

215

202

Other assets

Total assets

$ 11,142

$ 11,738

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities

Accounts payable

$ 1,039

$ 985

Accrued liabilities

305

330

Lease liabilities, current

304

324

Accrued income taxes

Total current liabilities

1,677

1,663

Long-term liabilities

Lease liabilities, long term

419

493

Deferred tax liabilities

305

361

Total long-term liabilities

724

854

Total liabilities

2,401

2,517

Stockholders’ equity

Preferred stock

—

Common stock

Additional paid-in-capital

62,601

62,594

Accumulated other comprehensive income

257

406

Accumulated deficit

(54,133 )

(53,795 )

Total stockholders’ equity

8,741

9,221

Total liabilities and stockholders’ equity

$ 11,142

$ 11,738

INTERLINK ELECTRONICS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

Three Months Ended March 31,

2026

2025

(in thousands, except per share data)

Revenue

$ 3,074

$ 2,664

Cost of revenue

1,738

1,715

Gross profit

1,336

949

Operating expenses:

Engineering, research and development

303

434

Selling, general and administrative

1,483

1,364

Total operating expenses

1,786

1,798

(Loss) from operations

(450 )

(849 )

Other income (expense), net

(Loss) before income taxes

(390 )

(844 )

Income tax expense (benefit)

(52 )

(39 )

Net (loss)

$ (338 )

$ (805 )

Net (loss) applicable to common stockholders

$ (338 )

$ (905 )

Earnings (loss) per common share – basic and diluted

$ (0.02 )

$ (0.06 )

Weighted average common shares outstanding – basic and diluted

15,750

14,796

INTERLINK ELECTRONICS, INC.

RECONCILIATION OF CONSOLIDATED NET LOSS TO

CONSOLIDATED ADJUSTED EBITDA

(unaudited)

Three Months Ended March 31,

2026

2025

(in thousands)

Net (loss)

$ (338 )

$ (805 )

Adjustments to arrive at earnings before interest, taxes, depreciation, and amortization (EBITDA):

Interest (income)

(2 )

(5 )

Income tax expense (benefit)

(52 )

(39 )

Depreciation expense

Amortization expense

170

172

EBITDA

(175 )

(630 )

Adjustments to arrive at Adjusted EBITDA:

Stock-based compensation expense

Adjusted EBITDA

$ (168 )

$ (623 )

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