authID.ai FY2021 revenue $2.3M, net loss $17.7M; closes $22.5M financing

authID Inc.

Total revenue $2.3M (2020: $2.1M); net loss $17.7M ($0.83 EPS) vs $11.3M ($0.63 EPS).
Adjusted EBITDA loss $8.96M vs $5.18M, driven by higher investment in product, sales, marketing.
Cash $6.0M at Dec 2021; post-year-end raised ~$22.5M from convertible notes, PIPE, and credit facility.
Operational highlights: patents, partnerships with Auth0/Okta and Microsoft, new FinServ pilot.
DHS not renewing FSS license (~$500k/year); company says no material financial impact.

item 1.01 item 2.02 item 2.03 item 3.02 item 7.01 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.