authID Q1 revenue rises to $0.30M, net loss widens to $4.3M, bARR drops to $0.01M

authID Inc.

Revenue $0.30M (up 88% YoY from $0.16M); net loss $4.3M ($0.40/sh) vs $3.1M loss ($0.32/sh) a year ago.
Adjusted EBITDA loss $3.9M vs $2.4M; operating expenses $4.7M vs $3.3M YoY, driven by headcount in sales and R&D.
Gross booked ARR (bARR) fell to $0.01M from $0.10M YoY; remaining performance obligation $13.85M vs $4.03M.
Raised ~$9M through two registered direct offerings; created advisory board with Eric Swider and Donald Nitti.
Signed paid live production trial with a Global Fortune 500; late-stage negotiations with multiple Fortune 500 prospects.

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