secwatch / observer
8-K filed April 5, 2023, 7:59 PM ET ticker AUID CIK 0001534154
regulatory confidence high sentiment negative materiality 0.85

authID Inc. (AUID): Nasdaq/NYSE listing notice — authID receives Nasdaq delisting notice for low equity; reports FY2022 loss of $23.7M

authID Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

authID Inc. reported the fiscal year ended December 31, 2022 results: revenue $0.5 million, net income $23.7 million, EPS $0.97.

Period
the fiscal year ended December 31, 2022
Revenue
$0.5 million
Net income
$23.7 million
EPS
$0.97
Result
reported results
Exact text from the filing
the twelve-month period ended December 31, 2022, Verified software license revenue increased year over year. Total revenue for the twelve months ended December 31, 2022 was $0.5 million, of which $0.2 million comprised Verified software license revenue. This compared with total revenue for the twelve months ended December 31, 2021 of $0.6 million, of which
View on SEC.gov
Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

authID Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange
nasdaq
Notice
deficiency notice
Deficiency
stockholders equity
Rules
5550(b)(1)
Exact text from the filing
April 4, 2023, the Company received a notice letter from the Listing Qualifications staff of The NASDAQ Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(1) (“Rule 5550(b)(1)”) as the Company’s stockholders’ equity of $283,536, as reported on the Company’s Annual Report on Form 10-K for the period ended December 31, 2022, was below $2.5 million, which is the minimum stockholders’ equity required for compliance with Rule 5550(b)(1). Further, as of April 3, 2023, the Company did not meet the alternative compliance standards relating to
View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

authID Inc. filing history →

Source: SEC EDGAR
accession 0001213900-23-027344
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