---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065723"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:24:43.016569+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# authID Q2 2023 revenue down to $0.04M; loss widens on $9.2M non-cash charges

## Summary
- Revenue $0.04M (Q2 2023) vs $0.07M (Q2 2022); legacy product discontinued Apr 2022.
- Net loss $10.9M (including $9.2M non-cash); net loss per share $2.15 vs $2.06 YoY.
- Adjusted EBITDA loss improved to $1.7M from $3.0M YoY on cost cuts.
- Secured $8.2M financing; converted ~$8.9M debt to equity; 1-for-8 reverse split completed in July.
- Signed ABM (Fortune 500) as customer; appointed Ed Sellitto CFO effective Aug 15.

## SEC filing metadata
- accession: 0001213900-23-065723
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390023065723/0001213900-23-065723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390023065723/ea183223-8k_authidinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065723
- JSON: https://secwatch.observer/filing/0001213900-23-065723.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065723.txt

## Key facts
- Earnings Releases
  authID Inc. reported the second quarter and six months ended June 30, 2023 results: revenue $0.04 million, EPS $2.15.
  - Period: the second quarter and six months ended June 30, 2023
  - Revenue: $0.04 million
  - EPS: $2.15
  - Result: reported results
  source text: for the Second Quarter Ended June 30, 2023 The following highlights comprise results from continuing operations. ● Total revenue for the three months ended June 30, 2023 was $0.04 million, compared with total revenue of $0.07 million for the three months ended June 30, 2022. For the six months ended June 30, 2023, total revenue was $0.07 million, compared with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534154/000121390023065723/0001213900-23-065723-index.htm

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