Form 8-K

8-K — INTERLINK ELECTRONICS INC

Accession: 0001104659-26-035249

Filed: 2026-03-26

Period: 2026-03-25

CIK: 0000828146

SIC: 3577 (COMPUTER PERIPHERAL EQUIPMENT, NEC)

Item: Results of Operations and Financial Condition

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

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0000828146

2026-03-25

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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): March 25, 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 Blvd., 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 March 26, 2026, Interlink Electronics, Inc.

announced its financial results for the quarter ended December 31, 2025. 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.

Item5.02. Departure of Directors

or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory

Arrangements of Certain Officers.

On March 25, 2026, the Compensation Committee of our Board of Directors approved the payment of discretionary bonuses

to Steven N. Bronson, our Chief Executive Officer, and Ryan J. Hoffman, our Chief Financial Officer, in the amounts of $60,000 and $20,000,

respectively, for their performance during the fiscal year ended December 31, 2025.

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 March 26, 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: March 26, 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: tm269839d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Interlink Electronics Reports Fourth Quarter

2025 Results

FREMONT, Calif., Mar. 26, 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 fourth quarter ended December 31, 2025.

Q4 2025 and Recent Highlights

· Recently began volume production of a custom piezoelectric sensor solution

now deployed in the rapidly expanding autonomous vehicle market.

· Now shipping a second-generation custom FSR solution for a leading robotic-assisted

surgery platform.

· Continued expansion of our presence as a trusted provider of printed electrode

solutions in the healthcare diagnostics market.

· Added two Senior Business Development Directors in January 2026 to drive

organic growth in North America and Europe.

· Successful conversion of our preferred stock into common stock in October 2025,

eliminating $400,000 of preferred stock dividends annually.

“We are excited about our momentum with both new and existing

customers,” said Steven N. Bronson, Chairman, President, and CEO. “We are confident that we are well-positioned for organic

growth in 2026 and 2027. In addition, we are actively pursuing acquisitions.”

Consolidated Financial Results

(Amounts in thousands except per share data and percentages)

Three Months Ended December 31,

Year Ended December 31,

2025

2024

$ ∆

% ∆

2025

2024

$ ∆

% ∆

Revenue

$ 2,853

$ 2,986

$ (133 )

(4.5 )%

$ 11,890

$ 11,679

$ 211

1.8 %

Gross profit

$ 905

$ 1,183

$ (278 )

(23.5 )%

$ 4,630

$ 4,846

$ (216 )

(4.5 )%

Gross margin

31.7 %

39.6 %

38.9 %

41.5 %

(Loss) from operations

$ (733 )

$ (510 )

$ (223 )

$ (1,829 )

$ (2,050 )

$ 221

Net (loss)

$ (574 )

$ (413 )

$ (161 )

$ (1,615 )

$ (1,984 )

$ 369

Net (loss) applicable to common stockholders

$ (607 )

$ (513 )

$ (94 )

$ (1,948 )

$ (2,384 )

$ 436

Earnings (loss) per common share – diluted

$ (0.04 )

$ (0.03 )

$ (0.01 )

$ (0.13 )

$ (0.16 )

$ 0.03

Adjusted EBITDA

$ (511 )

$ (233 )

$ (278 )

$ (885 )

$ (1,072 )

$ 187

Revenue for the fourth quarter of 2025 decreased 5% to $2.85 million,

compared to $2.99 million in the fourth quarter of 2024. The year-over-year decline was driven by lower shipments of the Company’s

force-sensing products, partially offset by higher sales of its gas-sensor products and printed electronics at its Calman Technology subsidiary.

Revenue fluctuates 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 fourth quarter of 2025 was 31.7%, versus 39.6%

for the fourth quarter of last year. The decline is primarily due to lower revenue and changes in the mix of our products and services,

and also in part due to strengthened Chinese yuan relative to the US dollar which increased the cost of our production activities in China.

Net loss for the fourth quarter of 2025 was $574,000, compared to a

net loss of $413,000 in the year-ago period. The increase in net loss was driven by lower revenue and gross margin.

Adjusted EBITDA, a non-GAAP financial measure, was $(511,000), versus

$(233,000) 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)

December 31,

2025

2024

(in thousands, except par value)

ASSETS

Current assets

Cash and cash equivalents

$ 2,724

$ 2,950

Accounts receivable, net

1,542

1,612

Inventories

1,801

2,009

Prepaid expenses and other current assets

236

328

Total current assets

6,303

6,899

Property, plant and equipment, net

474

411

Intangible assets, net

1,333

1,874

Goodwill

2,586

2,658

Right-of-use assets

760

1,064

Deferred tax assets

202

Other assets

128

Total assets

$ 11,738

$ 13,116

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities

Accounts payable

$ 985

$ 573

Accrued liabilities

330

377

Lease liabilities, current

324

352

Accrued income taxes

Total current liabilities

1,663

1,390

Long-term liabilities

Lease liabilities, long term

493

777

Deferred tax liabilities

361

456

Total long-term liabilities

854

1,233

Total liabilities

2,517

2,623

Stockholders’ equity

Preferred stock

—

Common stock

Additional paid-in-capital

62,594

62,308

Accumulated other comprehensive income

406

Accumulated deficit

(53,795 )

(51,847 )

Total stockholders’ equity

9,221

10,493

Total liabilities and stockholders’ equity

$ 11,738

$ 13,116

INTERLINK ELECTRONICS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

Three Months Ended December 31,

Year Ended December 31,

2025

2024

2025

2024

(in thousands, except per share data)

Revenue

$ 2,853

$ 2,986

$ 11,890

$ 11,679

Cost of revenue

1,948

1,803

7,260

6,833

Gross profit

905

1,183

4,630

4,846

Operating expenses:

Engineering, research and development

353

480

1,504

2,052

Selling, general and administrative

1,285

1,213

4,955

4,844

Total operating expenses

1,638

1,693

6,459

6,896

(Loss) from operations

(733 )

(510 )

(1,829 )

(2,050 )

Other income (expense), net

(10 )

(Loss) before income taxes

(743 )

(446 )

(1,806 )

(1,957 )

Income tax expense (benefit)

(169 )

(33 )

(191 )

Net (loss)

$ (574 )

$ (413 )

$ (1,615 )

$ (1,984 )

Net (loss) applicable to common stockholders

$ (607 )

$ (513 )

$ (1,948 )

$ (2,384 )

Earnings (loss) per common share – basic and diluted

$ (0.04 )

$ (0.03 )

$ (0.13 )

$ (0.16 )

Weighted average common shares outstanding – basic and diluted

15,289

14,796

14,924

14,793

INTERLINK ELECTRONICS, INC.

RECONCILIATION OF CONSOLIDATED NET LOSS TO

CONSOLIDATED ADJUSTED EBITDA

(unaudited)

Three Months Ended December 31,

Year Ended December 31,

2025

2024

2025

2024

(in thousands)

Net (loss)

$ (574 )

$ (413 )

$ (1,615 )

$ (1,984 )

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

Interest (income)

(2 )

(8 )

(20 )

(54 )

Income tax expense (benefit)

(169 )

(33 )

(191 )

Depreciation expense

190

143

Amortization expense

177

182

717

753

EBITDA

(519 )

(240 )

(919 )

(1,115 )

Adjustments to arrive at Adjusted EBITDA:

Stock-based compensation expense

Adjusted EBITDA

$ (511 )

$ (233 )

$ (885 )

$ (1,072 )

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