authID Q3 net loss $5.2M ($0.38/shr); net revenue negative; bARR plunges to $0.2M

authID Inc.

Net loss of $5.2M ($0.38 per share) vs $3.4M ($0.31) in Q3 2024; adjusted EBITDA loss $4.1M.
Gross revenue $0.6M (up 200% YoY) but net revenue negative $(0.1)M due to $0.7M customer concessions.
Booked Annual Recurring Revenue (bARR) tumbled to $0.2M from $1.2M; ARR rose to $1.7M from $1.0M.
Signed production agreement with top-20 global retailer; launched IDX platform with NESIC (NEC subsidiary).
Operating expenses $5.1M (+34% YoY) driven by headcount and R&D investment.

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