secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001213900-25-012898
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID FY2024 prelim revenue ~$0.85M (up ~4x); adj. EBITDA loss ~$12M; bARR $10.2M
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- Revenue $0.8–0.9M vs $0.19M in 2023; gross bookings $2.9M vs $1.3M.
- Adjusted EBITDA loss widened to $11.8–12.0M from $8.7M; net loss narrowed to ~$14.3M from $19.6M.
- Cash balance fell to $4.0M from $14.0–14.5M, reflecting significant operating cash burn.
- bARR $10.2M vs $8.5M; Remaining Performance Obligation $9.0M vs $4.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390025012898/0001213900-25-012898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390025012898/ea0230884-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-012898

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