{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-027344","form_type":"8-K","ticker":"AUID","cik":"0001534154","company_name":"authID Inc.","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.300108+00:00","generated_at":"2026-06-17T05:50:05.841536+00:00","sec_items":["2.02","3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"authID receives Nasdaq delisting notice for low equity; reports FY2022 loss of $23.7M","bullets":["Nasdaq notice: stockholders' equity of $283,536 below $2.5M minimum; bid price also below $1.00. Plan due by May 19, 2023.","FY2022 total revenue $0.5M; net loss $23.7M (incl. $12.0M non-cash) vs $16.7M loss in 2021.","Adjusted EBITDA loss $11.4M in 2022 vs $8.1M in 2021; cash and equivalents $3.2M at Dec 31, 2022.","Subsequent to year-end, secured up to $3.6M financing from Stephen J. Garchik under a facility agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-027344","json":"https://secwatch.observer/filing/0001213900-23-027344.json","markdown":"https://secwatch.observer/filing/0001213900-23-027344.md","text":"https://secwatch.observer/filing/0001213900-23-027344.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023027344/0001213900-23-027344-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023027344/ea176495-8k_authid.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:50:05.841536+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d8099bb312203d5b69b1a93dceaa7af8d672e40","claim":"authID Inc. reported the fiscal year ended December 31, 2022 results: revenue $0.5 million, net income $23.7 million, EPS $0.97.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023027344/0001213900-23-027344-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$0.5 million"},{"label":"Net income","value":"$23.7 million"},{"label":"EPS","value":"$0.97"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"146611ecf7b21e12b10b71a08fd2c8042c88797f","claim":"authID Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023027344/0001213900-23-027344-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}