leadership
confidence high
sentiment neutral
materiality 0.70
authID CEO Daguro resigns, CTO Szoke named interim CEO; Daguro becomes Chairman
authID Inc.
- Rhoniel A. Daguro resigns as CEO effective Sept 4, 2026; stays on Board, appointed Chairman.
- Thomas R. Szoke, CTO and co-founder, named Interim CEO effective Sept 4, 2026; base salary raised to $300k.
- Szoke gets $10k cash bonus now and $210k bonus upon closing of a material corporate transaction.
- Daguro gets $400k bonus upon corporate transaction, options for 80k shares at 2x closing price, warrant for 20k shares at $2.
- Company notes substantial doubt about going concern; payments subordinate to April 2026 senior secured debentures.