secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2025-01-14T23:59:59+00:00
Accession:  0001213900-25-003442
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID presents Q3 2024 financial highlights in new investor deck; bookings growth trajectory outlined
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- Q3 2024 GAAP revenue $3.05M; net loss from continuing ops $16.4M (9 months) and $10.7M (3 months).
- bARR (Booked Annual Recurring Revenue) YTD Q3 2024 $1.88M vs $1.15M YTD Q3 2023, up ~63%.
- Remaining Performance Obligation (RPO) $3.83M YTD Q3 2024, up from $2.94M FY 2023.
- Company targets cumulative bookings path to $100M+ by 2027 using T2D3 growth model.
- New leadership team with experience building $100M+ ARR identity verification businesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390025003442/0001213900-25-003442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390025003442/ea0227667-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-003442

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