Idex’ strategic corporate change is scary but so are the weeks that follow

Switching from making components to making systems is a complex and jostling endeavor. Just ask Idex Biometrics, which is changing from biometric components to integrated access and payment systems.

The fingerprint-scanning company has just released a fiscal 2023 report that has more moving parts than a busload of kindergartners.

For the year ended December 31, Idex reported a loss net loss of $26.6 million, or $0.11 per basic and diluted share, on total revenue of $4.1 million.

That compares with …

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