---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-013739"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2022-03-21T23:59:59+00:00"
generated_at: "2026-06-26T21:22:01.859964+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-22-013739
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2022-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390022013739/0001213900-22-013739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390022013739/ea157152-8k_ipsidyinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-013739
- JSON: https://secwatch.observer/filing/0001213900-22-013739.json
- Plain text: https://secwatch.observer/filing/0001213900-22-013739.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.