---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-084827"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:19:07.858630+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# authID Q3 revenue $0.04M, bARR jumps to $1.0M in new contracts, loss narrows to $3.7M

## Summary
- Revenue $0.04M (vs $0.03M Q3 2022); net loss $3.7M improved from $6.2M; EPS -$0.47 vs -$2.00.
- Signed $1.0M in new bARR during Q3, up from $0.04M YoY and $0.2M in Q2 2023.
- Operating expenses down to $3.8M from $5.7M on cost-saving measures; adjusted EBITDA loss $2.1M vs $3.3M.
- Appointed Ed Sellitto as CFO and three VPs of Sales to drive go-to-market.
- Completed 1-for-8 reverse stock split in July 2023; cash position not disclosed.

## SEC filing metadata
- accession: 0001213900-23-084827
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390023084827/0001213900-23-084827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390023084827/ea187942-8k_authidinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-084827
- JSON: https://secwatch.observer/filing/0001213900-23-084827.json
- Plain text: https://secwatch.observer/filing/0001213900-23-084827.txt

## Key facts
- Earnings Releases
  authID Inc. reported the nine months ended September 30, 2023 results: revenue $0.12 million, net income $16.4 million, EPS $3.05.
  - Period: the nine months ended September 30, 2023
  - Revenue: $0.12 million
  - Net income: $16.4 million
  - EPS: $3.05
  - Result: reported results
  source text: ● Total revenue for the three months ended September 30, 2023 was $0.04 million, compared with total revenue of $0.03 million for the same period in 2022. For the nine months ended September 30, 2023, total revenue was $0.12 million, compared with total revenue for the nine months ended September 30, 2022 of $0.26 million. Verified license revenue was unchanged at $0.1 million for both nine-month periods. ● Operating expenses for the three months ended September 30, 2023 declined to $3.8 million, compared with $5.7 million for the comparable period in 2022. For the nine-month period in 2023, operating expenses declined to $7.6 million, compared with $16.9 million for the same period last year. The reduced expenditure reflects the Company’s cost-saving measures taken in the first half of this year, resulting in lower headcount costs and lower third-party vendor costs. ● Loss for the three months ended September 30, 2023 improved to $3.7 million, of which non-cash charges were $1.8 milli
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534154/000121390023084827/0001213900-23-084827-index.htm
- Earnings Releases
  authID Inc. reported the three months ended September 30, 2023 results: revenue $0.04 million, net income $3.7 million, EPS $0.47.
  - Period: the three months ended September 30, 2023
  - Revenue: $0.04 million
  - Net income: $3.7 million
  - EPS: $0.47
  - Result: reported results
  source text: ● Total revenue for the three months ended September 30, 2023 was $0.04 million, compared with total revenue of $0.03 million for the same period in 2022. For the nine months ended September 30, 2023, total revenue was $0.12 million, compared with total revenue for the nine months ended September 30, 2022 of $0.26 million. Verified license revenue was unchanged at $0.1 million for both nine-month periods. ● Operating expenses for the three months ended September 30, 2023 declined to $3.8 million, compared with $5.7 million for the comparable period in 2022. For the nine-month period in 2023, operating expenses declined to $7.6 million, compared with $16.9 million for the same period last year. The reduced expenditure reflects the Company’s cost-saving measures taken in the first half of this year, resulting in lower headcount costs and lower third-party vendor costs. ● Loss for the three months ended September 30, 2023 improved to $3.7 million, of which non-cash charges were $1.8 milli
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534154/000121390023084827/0001213900-23-084827-index.htm

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