Mitek Systems Inc 2026年度季度报告

MITEK SYSTEMS, INC.FORM 10-QFor The Quarterly Period Ended December 31, 2025INDEX MITEK SYSTEMS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(amounts in thousands except share data) December 31, 2025(Unaudited)September 30, 2025 MITEK SYSTEMS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Mitek Systems, Inc. (“Mitek,” the “Company,” “we,” “us,” and “our”) is a global provider of digital identity verification and fraudprevention solutions. We are a software development company with expertise in artificial intelligence (“AI”) and machine learning. Wecurrently serve more than 7,000 organizations globally, including financial institutions, financial technology (“fintech”) companies,telecommunications providers, and digital marketplaces. We market and sell our products and services worldwide through internal, directsales teams located in the U.S., Europe, and Latin America as well as through channel partners. Our partner sales strategy includes channel Summary of Significant Accounting Policies Basis of Presentation The accompanying condensed consolidated balance sheet as of December 31, 2025 and the condensed consolidated statements ofoperations, comprehensive income, stockholders’ equity and cash flows for the three months ended December 31, 2025 and 2024, are These financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X and,accordingly, they do not include all information and footnote disclosures required by accounting principles generally accepted in the U.S.(“GAAP”) for complete financial statements. The Company believes the footnotes and other disclosures made in the financial statements are These unaudited interim condensed consolidated financial statements and the accompanying notes should be read in conjunction withthe consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended Results for the three months ended December 31, 2025, are not necessarily indicative of results for any other interim period or for afull fiscal year. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Allsignificant intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affectthe reported amounts of certain assets, liabilities, revenue, expenses, deferred taxes, and related disclosures. On an ongoing basis,management reviews its estimates based upon currently available information. Actual results could differ materially from those estimates. Segment Reporting Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by thechief operating decision maker (“CODM”), in deciding how to allocate resources and assess performance. The Company’s CODM is The Company provides software and service offerings focused on fraud prevention and check verification. The Company has grownits product and service offerings through both organic development and through acquisitions, which have allowed the Company to expand its determination is based on how the CODM evaluates the Company’s financial information, allocates resources, and assesses the performanceof these resources, on a consolidated basis. While there are different product and service offerings, the Company manages the development, The Company’s significant segment expenses are the expenses included in operating income and other segment items, which includesother income (expense), net, and the benefit (provision) for income taxes, are included in the Company’s condensed consolidated statement ofoperations. An additional component of the Company’s measure of profit or loss is net income. The measure of segment assets is reported on Net Income (Loss) Per Share For the three months ended December 31, 2025 and 2024, the following potentially dilutive common shares were excluded from thecalculation of net income (loss) per share, as they would have been antidilutive (amounts in thousands): The calculation of basic and diluted net income (loss) per share is as follows (amounts in thousands, except per share data): Concentrations of Significant Customers and Assets For the three months ended December 31, 2025, the Company derived revenue of $4.5 million from one customer, with such customeraccounting for 10% of the Company’s total revenue. For the three months ended December 31, 2024, the Company derived revenue of $5.6million from the same customer, with such customer accounting for 15% of the Company’s total revenue. The corresponding accounts From a geographic perspective, approximately 77% and 78% of the Company’