secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001213900-24-066696
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID Q2 revenue $0.28M, net loss narrows to $0.34/sh; FY guidance reaffirmed
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- Q2 revenue $0.28M (up 7x YoY); net loss $3.3M ($0.34/sh) vs $10.9M ($2.16/sh) YoY.
- Remaining Performance Obligation (RPO) $4.24M vs $0.40M a year ago.
- Gross bARR signed Q2 $0.6M (net $0.4M) vs $0.2M in Q2 2023.
- FY2024 revenue guidance reaffirmed $1.4M-$1.6M; YTD revenue $0.44M.
- Partnerships with DataVisor, KaiaSoft, FinClusive, Syntrove; closed $11M direct offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390024066696/0001213900-24-066696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390024066696/ea0210842-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-066696

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