secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001213900-25-023726
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID reports FY2024 revenue $0.89M, loss improves to $1.40/share; bARR triples to $9.01M
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- Q4 revenue $0.20M (up from $0.07M YoY); FY revenue $0.89M (up from $0.19M YoY).
- FY loss from continuing ops $14.3M ($1.40/share) vs $19.6M ($3.19/share) in 2023.
- Adjusted EBITDA loss $11.9M in FY2024 vs $8.7M in 2023 due to reinvestment.
- Gross booked ARR (bARR) of $9.01M, up over 3x from $2.94M in 2023; RPO $14.26M.
- Signed largest deal ever: $10M multi-year agreement with an AI company for biometric auth in India.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390025023726/0001213900-25-023726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390025023726/ea0234232-8k_authid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-023726

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