AUID
authID Inc.0.9701
-0.0499-4.89%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
14.62MP/E (TTM)
-Basic EPS (TTM)
-1.54Dividend Yield
0%Recent Filings
8-K
authID raises $3.6M in shares/warrants
authID Inc. closed a registered direct offering on November 24, 2025, selling 1,626,441 common shares at $1.35 each—$1.71 for affiliates—and pre-funded warrants for 1,062,306 shares, raising ~$3.6M gross via shelf takedown. Placement agents Dominari and Madison took 8% and 7% cash fees plus warrants for 192,319 and 92,051 shares at $1.35 strike. Funds earmarked for working capital. Placement agent warrants dilute 8% of placed shares.
10-Q
Q3 FY2025 results
authID's Q3 revenues swung negative at -$0.1M after $0.7M concessions on key contracts, yet YTD net revenue climbed 139% y/y to $1.6M (derived). Losses widened to $5.2M from $3.4M y/y, driven by G&A up 58% on credit losses and stock comp, while R&D rose 10%. Cash burned $11.8M in operations, offset by $8.2M equity raises, leaving $4.9M cash—no debt after March payoff. One customer drove 48% YTD gross revenue. Customer concentration looms large.
8-K
Q3 revenue up, net negative
authID posted Q3 gross revenue of $0.6M, up from $0.2M last year, yet net revenue dipped negative $0.1M after $0.7M concessions on troubled contracts; net loss widened to $5.2M from $3.4M amid higher opex. Signed deals with top-20 global retailer and NESIC for biometric workforce security, launching IDX for AI agents. Momentum builds, but customer delays hit bARR.
8-K
Director resigns, new appointment
authID Inc. director Michael C. Thompson resigned on August 18, 2025, for personal reasons, stepping down from the board and all committees without any disagreements on operations or policies. The board swiftly appointed Shrikrishna Venkataraman to the Audit Committee vacancy. This change maintains continuity in oversight. No further impacts disclosed.
8-K
Record revenue amid rising costs
authID Inc. reported record Q2 2025 revenue of $1.4 million, up from $0.3 million a year ago, driven by biometric solutions and new partnerships. While operating expenses rose to $5.9 million from increased headcount and R&D, remaining performance obligations surged to $13.8 million, signaling strong future commitments. Booked annual recurring revenue hit $2.2 million. Momentum builds, yet credit loss provisions highlight execution risks.