---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-045965"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:00:13.098894+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# authID Q2 net loss widens to $6.4M; revenue flat at $0.1M; targets positive cash flow by 2024

## Summary
- Q2 2022 revenue $0.1M (flat YoY); net loss $6.4M ($0.26 per share) vs $3.0M a year ago.
- Adjusted EBITDA loss $3.0M vs $1.3M YoY; six-month 2022 loss $5.9M.
- CEO cites longer sales cycles; sees Verified Workforce as bright spot; reiterates positive cash flow target by early 2024.
- Customer wins include American Board of Radiology and several financial services firms.
- Exit of MultiPay Colombia expected to cost ~$252k ($195k employee benefits, $57k accelerated depreciation).

## SEC filing metadata
- accession: 0001213900-22-045965
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390022045965/0001213900-22-045965-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390022045965/ea163988-8k_authid.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-045965
- JSON: https://secwatch.observer/filing/0001213900-22-045965.json
- Plain text: https://secwatch.observer/filing/0001213900-22-045965.txt

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