{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-043788","form_type":"8-K","ticker":"AUID","cik":"0001534154","company_name":"authID Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.878457+00:00","generated_at":"2026-06-01T23:01:01.633959+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"authID Q1 revenue $0.16M (+300% YoY); FY2024 guidance $1.4-1.6M, bARR target $9M","bullets":["Revenue $0.16M vs $0.04M YoY, over 300% increase.","Net loss per share $0.32 vs $0.56 YoY; Adjusted EBITDA loss $2.39M.","RPO of $4.03M as of March 31, 2024; ~40% expected recognized over next 12 months.","FY2024 revenue guidance $1.4-1.6M; 2024 bARR target of $9M (triple over 2023).","New partnerships: IDMWORKS reseller agreement, Verified Inc., National Notarial; appointed Kunal Mehta to board."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-043788","json":"https://secwatch.observer/filing/0001213900-24-043788.json","markdown":"https://secwatch.observer/filing/0001213900-24-043788.md","text":"https://secwatch.observer/filing/0001213900-24-043788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534154/000121390024043788/0001213900-24-043788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534154/000121390024043788/ea0206261-8k_authid.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:01:01.633959+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":"38c749932be444e8a568c5a793ae4772b28ac3f8","claim":"authID Inc. reported the three months ended March 31, 2024 results: revenue $0.16 million, net income $3.06 million, EPS $0.32.","evidence_excerpt":"GAAP Metrics ● Total revenue for the three months ended March 31, 2024 increased over 300% to $0.16 million, compared with total revenue of $0.04 million for the three months ended March 31, 2023, principally due to the launch of several new customers that were signed in 2023. ● Operating expenses for the three months ended March 31, 2024 totaled $3.31 million, compared with $1.02 million for Q1 2023. The Q1 increase was driven by a one-time, non-cash expense reversal in Q1 2023 of $3.4 million from the reversal of certain stock-based compensation as a result of employee terminations, which was not repeated in 2024. From a consecutive quarter-over-quarter comparison, operating expenses for Q1 2024 remained in line with the operating expenses incurred in Q4 2023. ● Loss from Continuing Operations for the three months ended March 31, 2024 was $3.06 million, of which non-cash charges were $0.77 million, compared with a Loss of $1.78 million in Q1 2023. This was driven by a one-time event","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534154/000121390024043788/0001213900-24-043788-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$0.16 million"},{"label":"Net income","value":"$3.06 million"},{"label":"EPS","value":"$0.32"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9c96fd9da80762083a49a4ac7e7b28a51f51cee2","claim":"authID Inc. reported the full fiscal year ending December 31, 2024 results: revenue $1.4 million to $1.6 million. Guidance initiated.","evidence_excerpt":"Building on Q1 2024 revenue of $0.16 million, the Company estimates Total Revenue for the full fiscal year ending December 31, 2024 will be in the range of $1.4 million to $1.6 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534154/000121390024043788/0001213900-24-043788-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full fiscal year ending December 31, 2024"},{"label":"Revenue","value":"$1.4 million to $1.6 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}