secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001213900-24-043788
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID Q1 revenue $0.16M (+300% YoY); FY2024 guidance $1.4-1.6M, bARR target $9M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390024043788/0001213900-24-043788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390024043788/ea0206261-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-043788

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer