---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-024366"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T11:32:41.651891+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# authID FY2023: Revenue $0.2M, net loss $19.6M; bARR jumps to $2.94M

## Summary
- Revenue $0.2M (down from $0.5M); verified license revenue unchanged at $0.2M.
- Net loss from continuing ops $19.6M ($3.19/share) improved from $23.7M ($7.72/share).
- Adjusted EBITDA loss improved to $8.7M from $11.4M; operating expenses down 52% to $10.9M.
- Booked ARR (bARR) signed $2.94M vs $0.23M in 2022; RPO $4.03M (4,800% increase).
- Management sets 2024 bARR target of $9M; new contracts include ABM Industries (100,000+ employees).

## SEC filing metadata
- accession: 0001213900-24-024366
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390024024366/0001213900-24-024366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390024024366/ea0202073-8k_authidinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-024366
- JSON: https://secwatch.observer/filing/0001213900-24-024366.json
- Plain text: https://secwatch.observer/filing/0001213900-24-024366.txt

## Key facts
- Earnings Releases
  authID Inc. reported fiscal year ended December 31, 2023 results: revenue $0.2 million, net income loss from continuing operations ... $19.6 million, EPS Net loss per share for continuing operations ... $3.19.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $0.2 million
  - Net income: loss from continuing operations ... $19.6 million
  - EPS: Net loss per share for continuing operations ... $3.19
  - Result: reported results
  source text: 2023 The following highlights comprise results from continuing operations, including certain Non-GAAP measures: ● Total revenue for the twelve months ended December 31, 2023 was $0.2 million, compared with total revenue for the twelve months ended December 31, 2022 of $0.5 million. The reduction was primarily attributed to revenue from a legacy authentication product
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534154/000121390024024366/0001213900-24-024366-index.htm

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