INVE

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

INVE Technologies, Inc. Reports Third Quarter 2026 Financial Results

Focused on Providing Physical AI Solutions Through Targeted Acquisitions of Enterprise SaaS Companies

Signed Strategic Partnership Agreement with Trackonomy

Santa Ana, Calif. — November 12, 2026 — INVE Technologies, Inc. (NASDAQ: INVE) today released its financial results for the third quarter ended September 30, 2026.

Financial Results for Fiscal Third Quarter 2026

Revenue for the third quarter of 2026 was $3.1 million, compared to $5.0 million in the third quarter of 2025. The year-over-year decrease was due to lower unit sales of RFID transponder products and the IoT business divestiture to Trackonomy during Q3. Net revenue for the third quarter of 2026 reflects only activity through September 15, 2026, the closing date of the asset sale transaction, and therefore is not comparable to the full prior-year period.

Third quarter 2026 GAAP gross margin was 18.3% and non-GAAP gross margin was 31.6%, compared to third quarter 2025 GAAP gross margin of 10.7% and non-GAAP gross margin of 19.1%. The year-over-year improvement was primarily driven by continued cost savings and efficiencies resulting from the transition of production to the Thailand facility, higher utilization at the Thailand facility, and the non-recurrence of prior-year inventory obsolescence charges.

GAAP operating expenses, including research and development, selling and marketing, general and administrative, and restructuring and severance, were $8.8 million in the third quarter of 2026, compared to $6.1 million in the third quarter of 2025. The year-over-year increase in GAAP operating expenses was primarily driven by an increase in costs associated with the asset sale transaction. Non-GAAP operating expenses were $4.0 million in the third quarter of 2026, compared to $4.5 million in the third quarter of 2025. The year-over-year decrease in non-GAAP operating expenses reflects management’s disciplined cost control.

Third quarter 2026 GAAP net income was $0.6 million, or $0.02 per basic and diluted share, compared to GAAP net loss of $3.5 million, or $0.15 per basic and diluted share, in the third quarter of 2025. The year-over-year increase was primarily driven by a gain recognized on the asset sale and a net gain recognized on the dissolution of a foreign subsidiary, partially offset by higher strategic transaction-related costs and higher stock-based compensation related to the acceleration of unvested RSUs associated with the closing of the asset sale.

Third quarter 2026 non-GAAP adjusted EBITDA loss was $3.0 million, compared to a non-GAAP adjusted EBITDA loss of $3.6 million in the third quarter of 2025. The year-over-year improvement was primarily driven by disciplined management of operating expenses in support of the Company’s strategic initiatives.

Financial Outlook

Following the sale of its IoT Business to Trackonomy on September 15, 2026, the Company currently has no

commercial revenue. Consequently, the Company is not providing financial guidance.

Conference Call

INVE Technologies management will hold a conference call today, November 12, 2026, at 5:00 p.m. EST (2:00 p.m. PST) to discuss the company's third quarter 2026 financial results and its business strategy.

Toll-Free: +1 877-545-0320

International Number: +1 973-528-0002

Call ID: 779755

Webcast link: Register and Join

The teleconference replay will be available through Thursday, November 26, 2026, by dialing +1 877-481-4010 (Toll-Free Replay Number) or +1 919-882-2331 (International Replay Number) and entering passcode 54742.

About INVE Technologies

INVE Technologies, Inc. is a publicly traded operating company focused on acquiring and operating enterprise-enabled intelligent software businesses that require the addition of physical AI in compliance driven industries. Its strategy is to combine established enterprise SaaS platforms with Physical AI capabilities to support automated, continuous, and verifiable operational data. For additional information, visit invetechnologies.com.

Non-GAAP Financial Measures

This press release includes financial information that has not been prepared in accordance with accounting principles generally accepted in the United States (GAAP), including non-GAAP adjusted EBITDA, non-GAAP gross profit, non-GAAP gross margin and non-GAAP operating expenses. INVE Technologies uses non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating operational performance. INVE Technologies believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating operating results and trends. Non-GAAP gross profit and margin exclude stock-based compensation and amortization and depreciation. Non-GAAP adjusted EBITDA excludes items that are included in GAAP ne

EX-99.1

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PRESS RELEASE DATED OCTOBER 30, 2026 ISSUED BY INVE TECHNOLOGIES, INC

Exhibit 99.1

INVE Technologies Announces Revised Preliminary Third Quarter 2026 Financial Results

Santa Ana, Calif. — October 30, 2026 — INVE Technologies, Inc. (NASDAQ: INVE) (the “Company”) today announced a revision to its preliminary unaudited financial results for the third quarter ended September 30, 2026, that were previously issued on October 21, 2026.

The original press release reported preliminary net income of $0.4 million to $0.8 million, and preliminary net income per share of $0.01 to $0.02. These metrics have been revised to preliminary net loss of $1.1 million to $1.3 million and preliminary net loss per share of $0.05 to $0.06, respectively. The revisions to these preliminary financial results reflect post-closing adjustments associated with the asset sale to Trackonomy Systems, Inc., specifically working capital adjustments and post-closing acceptance of certain customer contracts. All other preliminary results, including the Company’s expected cash balance as of September 30, 2026 of $87.1 million, remain unchanged.

The preliminary financial results are subject to revision based upon the completion of the Company’s quarter-end financial closing procedures and the review of its interim financial statements by its independent registered public accounting firm. The Company’s independent registered public accounting firm expresses no opinion or any other form of assurance with respect to the preliminary financial results. Actual results may differ materially from the preliminary estimates.

Forward-Looking Statements

This press release contains forward-looking

statements. Forward-looking statements are those involving future events and future results that are based on current expectations as well as the current beliefs and assumptions of management and can be identified by words such as “anticipate,” “believe,” “continue,” “plan,” “will,” “intend,” “expect,” and similar references to the future. Any statement that is not a historical fact, including statements regarding the Company’s preliminary estimated financial results for the third quarter ended September 30, 2026, is a forward-looking statement. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the completion of the Company’s quarter-end financial closing procedures and adjustments to its preliminary estimated financial results for the third quarter ended September 30, 2026, auditor review procedures, and the other factors discussed in the Company’s periodic reports, including its Annual Report on Form 10-K for the year ended December 31, 2025, as amended, its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, and subsequent reports it files with the Securities and Exchange Commission. Forward-looking statements are based on information available to the Company as of the date hereof, and the Company undertakes no obligation to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

INVE Technologies Investor Relations Contact:

IR@invetechnologies.com

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EX-99.1

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PRESS RELEASE DATED OCTOBER 21, 2026 ISSUED BY INVE TECHNOLOGIES, INC

Exhibit 99.1

INVE Technologies Announces the Commencement of a

$20 Million Modified Dutch Auction Tender Offer

for its Common Stock

Announces Preliminary Third Quarter 2026 Financial Results

Santa Ana, Calif. — October 21, 2026 — INVE Technologies, Inc. (NASDAQ: INVE) (“INVE Technologies” or the “Company”) announced today that it has commenced a modified “Dutch auction” self-tender offer to purchase for cash up to $20 million in value of shares of its common stock, $0.001 par value per share, at a price not greater than $3.40 per share nor less than $2.85 per share, net to the seller in cash, less any applicable withholding and, in certain limited circumstances, transfer taxes and without interest. The tender offer commenced today, October 21, 2026, and will expire at 5:00 p.m., New York City time, on Thursday, November 19, 2026, unless extended or terminated. On October 20, 2026, the reported closing price for the common stock on Nasdaq was $2.22 per share. The tender offer is being made as part of the up to $40 million share repurchase program previously authorized by the Company’s Board of Directors. The Company also announced preliminary unaudited financial results for the third quarter ended September 30, 2026.

“Following the close of our transaction with Trackonomy, we are delivering on our commitment to return capital to our stockholders,” said James Ousley, Chairman of the Board. “We believe this tender offer accelerates that return, while preserving flexibility for future capital returns and strategic acquisitions as we pursue our strategy of acquiring and growing compliance or specialized software businesses that can leverage Physical AI in highly regulated industries.”

Modified Dutch Auction Tender Offer

A modified “Dutch auction” self-tender allows stockholders to indicate how many shares and at what price within the range described above (in increments of $0.05 per share) they wish to tender their shares. Based on the number of shares tendered and the prices specified by the tendering stockholders, INVE Technologies will determine the lowest per share price within the range that will enable the Company to purchase $20 million in value of shares, or if a lesser value of shares is properly tendered, all shares that have been properly tendered and not properly withdrawn. INVE Technologies reserves the right, in its sole discretion, to change the per share purchase price range and to increase or decrease the aggregate value of shares sought in the tender offer, subject to applicable law. If shares having an aggregate purchase price of more than $20 million are properly tendered in the tender offer and not properly withdrawn, INVE Technologies reserves the right to accept for purchase pursuant to the tender offer up to an additional 2% of its outstanding shares without extending the expiration time for the tender offer. All shares accepted in the tender offer will be purchased at the same price, even if tendered at a lower price. Any shares tendered may be withdrawn prior to expiration of the tender offer. Stockholders that do not wish to participate in the tender offer do not need to take any action.

If the tender offer is fully subscribed, then shares of common stock having an aggregate purchase price of $20 million will be purchased, representing approximately 24.7 percent to 29.4 percent of INVE Technologies’ issued and outstanding shares as of October 19, 2026, depending on the purchase price payable for those shares pursuant to the tender offer.

INVE Technologies will use cash on hand to fund the repurchase of shares in the tender offer and to pay all related fees and expenses. The tender offer is not conditioned upon obtaining financing or any minimum number of shares being tendered; however, the tender offer is subject to a number of other terms and conditions, which are specified in the offer to purchase.

Specific instructions and a complete explanation of the terms and conditions of the tender offer will be contained in the offer to purchase, the related letter of transmittal and the other tender offer materials that will be mailed to registered stockholders shortly and that also can be accessed at the following website: www.dfking.com/INVE. Beneficial holders will receive the offer to purchase and a communication from their bank, broker or custodian.

INVE Technologies’ directors and executive officers have advised INVE Technologies that they do not intend to tender their shares in the tender offer.

While INVE Technologies’ Board of Directors has approved the making of the tender offer, none of INVE Technologies, its Board of Directors, the dealer manager, the depositary, or the information agent makes any recommendation to any stockholder as to whether to tender or refrain from tendering any shares or as to the price or prices at which stockholders may choose to tender their