{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-040545","form_type":"8-K","ticker":"AUID","cik":"0001534154","company_name":"authID Inc.","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.300778+00:00","generated_at":"2026-06-14T23:39:03.271851+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"authID Q1 revenue falls to $0.04M; loss $5.2M; CFO retention bonus of $240K secured","bullets":["Q1 revenue $0.04M (down from $0.2M); net loss $5.2M ($0.21 EPS) vs $5.1M ($0.22) prior year.","Adjusted EBITDA loss improved to $2.2M from $2.8M due to cost savings from restructuring.","Secured up to $3.6M in debt financing; initial drawdown $0.9M before fees and expenses.","CFO Annie Pham entered retention agreement with up to $240,625 bonus and accelerated equity vesting on termination.","Appointed Rhon Daguro as CEO, Joe Trelin as Chairman; four new directors elected."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-040545","json":"https://secwatch.observer/filing/0001213900-23-040545.json","markdown":"https://secwatch.observer/filing/0001213900-23-040545.md","text":"https://secwatch.observer/filing/0001213900-23-040545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023040545/0001213900-23-040545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023040545/ea178743-8k_authid.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:39:03.271851+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":"f13af59477ac19999d701725322ed99d034ca112","claim":"authID Inc. reported the first quarter ended March 31, 2023 results: revenue $0.04 million, net income $5.2 million loss, EPS $0.21 net loss per share.","evidence_excerpt":"Daguro. Financial Results for the First Quarter Ended March 31, 2023: The following highlights comprise results from continuing operations. ● Total revenue was $0.04 million for the first quarter ended March 31, 2023, compared with $0.2 million for the first quarter of 2022. The reduction was primarily attributed to revenue from a legacy","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023040545/0001213900-23-040545-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$0.04 million"},{"label":"Net income","value":"$5.2 million loss"},{"label":"EPS","value":"$0.21 net loss per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}