President Obama said the reported execution of a Jordanian pilot shows the "barbarity" of the ISIS terrorist army.

He called the terror organization's ideology "bankrupt," saying ISIS "appears only interested in death and destruction."

"[The killing] will redouble the vigilance and determination on the part of a global coalition to make sure that they are degraded and ultimately defeated. It also indicates the degree to which, whatever ideology they're operating under, it's bankrupt," said Obama.

Obama spoke after a 22-minute video was released that purportedly shows Lt. Muath al-Kaseasbeh standing in a cage, then being burned alive. 

Al-Kaseasbeh, who was captured when his plane crashed during a bombing mission in Syria Dec. 24, wore an orange jumpsuit and appeared to have been doused with a flammable substance beforehand. 

U.S. officials have not yet confirmed the authenticity of the video.

Jordan had been willing to exchange a failed female suicide bomber for the pilot, but officials had sought proof that he was alive.

Watch the president's remarks above. 

In the clip below, Fox News chief intelligence correspondent Catherine Herridge described what she observed on the video. 

She called it "by far the most highly produced" ISIS video and the most graphic that she has seen. 

Herridge said the brutal execution is meant as a message from ISIS to Jordan and other nations to stay out of the U.S.-led coalition in Iraq and Syria.