Source-grounded facts extracted from authID Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
authID Inc. reported first quarter ended March 31, 2026 results: revenue $0.5 million, net income $4.5 million, EPS $0.28.
“reported financial and operating results for the Quarter ended March 31, 2026. First Quarter 2026 vs. First Quarter 2025 Financial Summary ● Total revenue for the quarter was $0.5 million, compared to $0.3 million a year ago. ● Operating expenses were $5.0 million, compared to $4.7 million a year ago. ● Net loss was $4.5 million, or $0.28 per share, compared to a”
Shrikrishna Venkataraman resigned as Director at authID Inc..
“On May 5, 2026, Shrikrishna Venkataraman notified authID Inc. (the “Company”) of his resignation as a member of the Board of Directors (the “Board”) and as a member of all committees of the Board, effective immediately.”
authID Inc. issued 15% of the principal amount invested by each investor divided by $1.00 of common stock to certain accredited investors.
“the Company issued to the Investors "Fee Shares" equal to 15% of the principal amount invested by each investor divided by $1.00”
authID Inc. issued warrant to certain accredited investors.
“The issuance of the Warrants and Fee Shares constitutes an unregistered sale of equity securities.”
authID Inc. entered into Securities Purchase Agreement with Madison Global Partners, LLC and each purchaser identified on Annex A valued at aggregate original principal amount of up to $4,000,000 (effective 2026-04-27).
“This Securities Purchase Agreement (this “ Agreement ”) is dated as of April 27, 2026, and is by and between authID Inc., a Delaware corporation (the “ Company ”), and each purchaser identified on the Annex A hereto (each, including its successors and assigns, an “ Investor ” or “ Holder ”) and collectively, the “ Investors ”).”
authID Inc. incurred senior notes of approximately $3,765,000 principal amount with certain accredited investors maturing six months from issuance (October 2026).
“issued and sold an aggregate of approximately $3,765,000 principal amount of its Senior Secured Debentures”
authID Inc. reported the Fourth Quarter and Fiscal Year ended December 31, 2025 results: revenue $0.4 million, net income Net loss was $4.0 million, or $0.28 per share, EPS $0.28 per share.
“results for the Fourth Quarter and Fiscal Year ended December 31, 2025. Fourth Quarter 2025 vs. Fourth Quarter 2024 Financial Summary ● Total revenue for the quarter was $0.4 million, compared to $0.2 million a year ago. ● Operating expenses were $4.5 million, compared to $4.9 million a year ago. ● Net loss was $4.0 million, or $0.28 per share, compared to a”
authID Inc. entered into Securities Purchase Agreement with each purchaser identified on the signature pages hereto (each, including its successors and assigns, a "Purchaser" and collectively the "Purchasers") (effective 2025-11-21).
“This Securities Purchase Agreement (this “ Agreement ”) is dated as of November 21, 2025, between authID Inc., a Delaware corporation (the “ Company ”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “ Purchaser ” and collectively the “Purchasers”).”
authID Inc. reported the full fiscal year ending December 31, 2024 results: revenue $1.4 million to $1.6 million. Guidance initiated.
“Building on Q1 2024 revenue of $0.16 million, the Company estimates Total Revenue for the full fiscal year ending December 31, 2024 will be in the range of $1.4 million to $1.6 million.”
authID Inc. reported the three months ended March 31, 2024 results: revenue $0.16 million, net income $3.06 million, EPS $0.32.
“GAAP Metrics ● Total revenue for the three months ended March 31, 2024 increased over 300% to $0.16 million, compared with total revenue of $0.04 million for the three months ended March 31, 2023, principally due to the launch of several new customers that were signed in 2023. ● Operating expenses for the three months ended March 31, 2024 totaled $3.31 million, compared with $1.02 million for Q1 2023. The Q1 increase was driven by a one-time, non-cash expense reversal in Q1 2023 of $3.4 million from the reversal of certain stock-based compensation as a result of employee terminations, which was not repeated in 2024. From a consecutive quarter-over-quarter comparison, operating expenses for Q1 2024 remained in line with the operating expenses incurred in Q4 2023. ● Loss from Continuing Operations for the three months ended March 31, 2024 was $3.06 million, of which non-cash charges were $0.77 million, compared with a Loss of $1.78 million in Q1 2023. This was driven by a one-time event”
Kunal Mehta was appointed as member of the Board of Directors at authID Inc..
“On March 25, 2024, Kunal Mehta was appointed as a member of the Board of Directors of authID Inc.”
authID Inc. reported fiscal year ended December 31, 2023 results: revenue $0.2 million, net income loss from continuing operations ... $19.6 million, EPS Net loss per share for continuing operations ... $3.19.
“2023 The following highlights comprise results from continuing operations, including certain Non-GAAP measures: ● Total revenue for the twelve months ended December 31, 2023 was $0.2 million, compared with total revenue for the twelve months ended December 31, 2022 of $0.5 million. The reduction was primarily attributed to revenue from a legacy authentication product”
Joe Trelin resigned as Chairman and Director at authID Inc..
“On February 15, 2024, Mr. Joe Trelin tendered his resignation as Chairman and a Director of the Company, effective immediately.”
authID Inc. amended further amendment to services agreement with The Pipeline Group, Inc. valued at $98,000 per month (effective 2023-12-19).
“On December 19, 2023, the Company entered into a further amendment to the above services agreement, pursuant to which TPG will provide certain additional services to the Company.”
authID Inc. amended amendment to services agreement with The Pipeline Group, Inc. valued at $98,000 per month (effective 2023-10-25).
“On October 25, 2023, the Company entered into an amendment to the above services agreement, pursuant to which TPG will provide certain additional services to the Company.”
authID Inc. entered into services agreement with The Pipeline Group, Inc. valued at $98,000 per month (effective 2023-06-06).
“(the “Company”) entered into a services agreement with The Pipeline Group, Inc. (“TPG”). Ken Jisser, a director of the Company, is the founder and CEO of TPG, a technology-enabled services”
authID Inc. entered into Securities Purchase Agreement with Accredited Investors (Purchasers) valued at Sale of shares of Common Stock (effective 2023-11-20).
“EX-10.1 3 ea189066ex10-1_authidinc.htm FORM OF SECURITIES PURCHASE AGREEMENT, DATED AS OF NOVEMBER 20, 2023, BETWEEN THE COMPANY AND ACCREDITED INVESTORS Exhibit 10.1 SECURITIES PURCHASE AGREEMENT This Securities Purchase Agreement (this “ Agreement ”) is dated as of November 20, 2023, between authID Inc., a Delaware corporation (the “ Company ”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “ Purchaser ” and collectively the “ Purchasers ”).”
authID Inc. reported the nine months ended September 30, 2023 results: revenue $0.12 million, net income $16.4 million, EPS $3.05.
“● Total revenue for the three months ended September 30, 2023 was $0.04 million, compared with total revenue of $0.03 million for the same period in 2022. For the nine months ended September 30, 2023, total revenue was $0.12 million, compared with total revenue for the nine months ended September 30, 2022 of $0.26 million. Verified license revenue was unchanged at $0.1 million for both nine-month periods. ● Operating expenses for the three months ended September 30, 2023 declined to $3.8 million, compared with $5.7 million for the comparable period in 2022. For the nine-month period in 2023, operating expenses declined to $7.6 million, compared with $16.9 million for the same period last year. The reduced expenditure reflects the Company’s cost-saving measures taken in the first half of this year, resulting in lower headcount costs and lower third-party vendor costs. ● Loss for the three months ended September 30, 2023 improved to $3.7 million, of which non-cash charges were $1.8 milli”
authID Inc. reported the three months ended September 30, 2023 results: revenue $0.04 million, net income $3.7 million, EPS $0.47.
“● Total revenue for the three months ended September 30, 2023 was $0.04 million, compared with total revenue of $0.03 million for the same period in 2022. For the nine months ended September 30, 2023, total revenue was $0.12 million, compared with total revenue for the nine months ended September 30, 2022 of $0.26 million. Verified license revenue was unchanged at $0.1 million for both nine-month periods. ● Operating expenses for the three months ended September 30, 2023 declined to $3.8 million, compared with $5.7 million for the comparable period in 2022. For the nine-month period in 2023, operating expenses declined to $7.6 million, compared with $16.9 million for the same period last year. The reduced expenditure reflects the Company’s cost-saving measures taken in the first half of this year, resulting in lower headcount costs and lower third-party vendor costs. ● Loss for the three months ended September 30, 2023 improved to $3.7 million, of which non-cash charges were $1.8 milli”
authID Inc. entered into a supply with The Pipeline Group, Inc. valued at $70,000 per month (effective 2023-06-06).
“(the “Company”) entered into a services agreement with The Pipeline Group, Inc. (“TPG”). Ken Jisser, a director of the Company, is the founder and CEO of TPG, a technology-enabled services company that aims to deliver business”
authID Inc. reported the second quarter and six months ended June 30, 2023 results: revenue $0.04 million, EPS $2.15.
“for the Second Quarter Ended June 30, 2023 The following highlights comprise results from continuing operations. ● Total revenue for the three months ended June 30, 2023 was $0.04 million, compared with total revenue of $0.07 million for the three months ended June 30, 2022. For the six months ended June 30, 2023, total revenue was $0.07 million, compared with”
Edward Sellitto was appointed as Chief Financial Officer at authID Inc..
“On July 31, 2023, authID Inc. (the “Company”) and Edward Sellitto entered an Offer Letter pursuant to which Mr. Sellitto agreed to serve as Chief Financial Officer of the Company commencing August 15, 2023 in consideration of an annual salary of $250,000.”
Annie Pham resigned as Chief Financial Officer at authID Inc..
“Annie Pham resigned as Chief Financial Officer effective August 15, 2023 and will assist the Company during the transition on a consulting basis.”
authID Inc.: Approved amendment to Amended and Restated Certificate of Incorporation to effect a 1-for-8 reverse stock split (effective 2023-07-07).
“On June 26, 2023, the Company filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware implementing the Reverse Split. The Amendment will become effective on July 7, 2023 at 5:30pm.”
authID Inc. shareholders approved Approved an additional 2,900,000 shares of common stock for issuance under the 2021 Equity Incentive Plan at the 2023-06-26 meeting.
“Approved an additional 2,900,000 shares of common stock for issuance under the 2021 Equity Incentive Plan. For Against Abstain 12,438,553 1,097,641 495,994”
authID Inc. shareholders approved Approved an amendment to the Company's Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio not less than 1-for-2 and not greater than 1-for-50 at the 2023-06-26 meeting.
“Approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio not less than 1-for-2 and not greater than 1-for-50, with the exact ratio to be set within that range at the discretion of the Company’s board of directors before June 30, 2024 without further approval or authorization of the Company’s stockholders.”
authID Inc. shareholders approved Ratified the appointment of Cherry Bekaert LLP as the Company's independent auditors for the fiscal year ending December 31, 2023 at the 2023-06-26 meeting.
“Ratified the appointment of Cherry Bekaert LLP as the Company’s independent auditors for the fiscal year ending December 31, 2023. This matter was determined based on majority of the votes cast. For Against Abstain 15,694,100 2,407,950 335,973”
authID Inc. shareholders approved Election of seven directors at the 2023-06-26 meeting.
“The following directors were elected to the board. For Withheld Rhoniel A. Daguro 14,020,268 11,920 Joseph Trelin 14,017,486 14,702 Ken Jisser 13,967,192 64,996 Michael L. Koehneman 13,657,239 374,949 Thomas R. Szoke 13,631,780 400,408 Michael C. Thompson 13,687,334 344,854 Jacqueline L. White 13,687,123 345,065”
authID Inc. entered into a equity purchase with The Pipeline Group, Inc. valued at $47,000 per month (effective 2023-06-06).
“On June 6, 2023, authID Inc. (the "Company") entered into a services agreement with The Pipeline Group, Inc. ("TPG"). Ken Jisser, a director of the Company, is the founder and CEO of TPG, a technology-enabled services company that aims to deliver business results for companies looking to build a predictable and profitable pipeline. The agreement provides that TPG will assist in providing outsourced sales including business development resources for outbound calling, provide support for automated dialing technology, classify customer data and other sales related services. In consideration of the services, the Company will pay TPG $47,000 per month during a one-year term.”
authID Inc. entered into Securities Purchase Agreement with accredited investors valued at Company issuing shares to Purchasers (effective 2023-05-23).
“EX-10.1 3 ea179371ex10-1_authidinc.htm FORM OF SECURITIES PURCHASE AGREEMENT, DATED AS OF MAY 23, 2023, BETWEEN THE COMPANY AND ACCREDITED INVESTORS”
authID Inc. reported the first quarter ended March 31, 2023 results: revenue $0.04 million, net income $5.2 million loss, EPS $0.21 net loss per share.
“Daguro. Financial Results for the First Quarter Ended March 31, 2023: The following highlights comprise results from continuing operations. ● Total revenue was $0.04 million for the first quarter ended March 31, 2023, compared with $0.2 million for the first quarter of 2022. The reduction was primarily attributed to revenue from a legacy”
Thomas R. Szoke was appointed as Chief Technology Officer at authID Inc..
“On April 12, 2023, authID Inc. (the “Company”) and Thomas R. Szoke, a director of the Company, entered an Offer Letter pursuant to which Mr. Szoke agreed to serve as Chief Technology Officer of the Company in consideration of an initial annual salary of $250,000.”
authID Inc. reported the fiscal year ended December 31, 2022 results: revenue $0.5 million, net income $23.7 million, EPS $0.97.
“the twelve-month period ended December 31, 2022, Verified software license revenue increased year over year. Total revenue for the twelve months ended December 31, 2022 was $0.5 million, of which $0.2 million comprised Verified software license revenue. This compared with total revenue for the twelve months ended December 31, 2021 of $0.6 million, of which”
authID Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“April 4, 2023, the Company received a notice letter from the Listing Qualifications staff of The NASDAQ Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(1) (“Rule 5550(b)(1)”) as the Company’s stockholders’ equity of $283,536, as reported on the Company’s Annual Report on Form 10-K for the period ended December 31, 2022, was below $2.5 million, which is the minimum stockholders’ equity required for compliance with Rule 5550(b)(1). Further, as of April 3, 2023, the Company did not meet the alternative compliance standards relating to”
Rhoniel A. Daguro was appointed as Chief Executive Officer at authID Inc..
“On March 23, 2023, authID Inc. (the “Company”) and Rhoniel A. Daguro, a director of the Company, entered an Offer Letter pursuant to which Mr. Daguro agreed to serve as Chief Executive Officer of the Company”
Thomas Thimot resigned as Chief Executive Officer at authID Inc..
“On March 23, 2023, the Company and Thomas Thimot entered into a Confidential Separation Agreement and General Release for the purposes of separation of Mr. Thimot from the Company as Chief Executive Officer and an employee by mutual consent”
authID Inc. entered into Amended and Restated Facility Agreement with Stephen J. Garchik valued at $900,000 initial credit facility; $2,700,000 subsequent funding (effective 2023-03-08).
“On March 8, 2023, the Company entered into an Amended and Restated Facility Agreement with Garchik, pursuant to which the Company and Garchik amended and restated the Original Facility Agreement in its entirety (the “ A&R Facility Agreement ”), to replace the credit facility contemplated by the Original Facility Agreement with (i) an initial credit facility to the Company in an amount of $900,000 (the “ Initial Funding ”) and (ii) the parties to use their reasonable best efforts after the Initial Funding to negotiate the terms of a subsequent credit facility in the aggregate amount of $2,700,000 (the “ Subsequent Funding ”).”
Thomas Szoke was appointed as Director at authID Inc..
“On March 9, 2023, the Board of Directors appointed Messrs. Daguro, Jisser, Thompson and Szoke as additional directors of the Company (the “Additional Directors”) and reduced the size of the Board of Directors from 8 directors to 7 directors, with effect from the resignations of the Retiring Directors.”
Michael Thompson was appointed as Director at authID Inc..
“On March 9, 2023, the Board of Directors appointed Messrs. Daguro, Jisser, Thompson and Szoke as additional directors of the Company (the “Additional Directors”) and reduced the size of the Board of Directors from 8 directors to 7 directors, with effect from the resignations of the Retiring Directors.”
Ken Jisser was appointed as Director at authID Inc..
“On March 9, 2023, the Board of Directors appointed Messrs. Daguro, Jisser, Thompson and Szoke as additional directors of the Company (the “Additional Directors”) and reduced the size of the Board of Directors from 8 directors to 7 directors, with effect from the resignations of the Retiring Directors.”
Rhon Daguro was appointed as Director at authID Inc..
“On March 9, 2023, the Board of Directors appointed Messrs. Daguro, Jisser, Thompson and Szoke as additional directors of the Company (the “Additional Directors”) and reduced the size of the Board of Directors from 8 directors to 7 directors, with effect from the resignations of the Retiring Directors.”
Neepa Patel resigned as Director at authID Inc..
“Before the A&R Facility Agreement was entered into, Mr. Thimot, Phillip L. Kumnick, Philip R. Broenniman, Michael A. Gorriz and Neepa Patel (the “Retiring Directors”) tendered their resignations from the Board of Directors of the Company, to be held in escrow until the Initial Funding.”
Michael A. Gorriz resigned as Director at authID Inc..
“Before the A&R Facility Agreement was entered into, Mr. Thimot, Phillip L. Kumnick, Philip R. Broenniman, Michael A. Gorriz and Neepa Patel (the “Retiring Directors”) tendered their resignations from the Board of Directors of the Company, to be held in escrow until the Initial Funding.”
Philip R. Broenniman resigned as Director at authID Inc..
“Before the A&R Facility Agreement was entered into, Mr. Thimot, Phillip L. Kumnick, Philip R. Broenniman, Michael A. Gorriz and Neepa Patel (the “Retiring Directors”) tendered their resignations from the Board of Directors of the Company, to be held in escrow until the Initial Funding.”
Phillip L. Kumnick resigned as Director at authID Inc..
“Before the A&R Facility Agreement was entered into, Mr. Thimot, Phillip L. Kumnick, Philip R. Broenniman, Michael A. Gorriz and Neepa Patel (the “Retiring Directors”) tendered their resignations from the Board of Directors of the Company, to be held in escrow until the Initial Funding.”
Tom Thimot resigned as Director at authID Inc..
“Before the A&R Facility Agreement was entered into, Mr. Thimot, Phillip L. Kumnick, Philip R. Broenniman, Michael A. Gorriz and Neepa Patel (the “Retiring Directors”) tendered their resignations from the Board of Directors of the Company, to be held in escrow until the Initial Funding.”
Tom Thimot resigned as Chief Executive Officer at authID Inc..
“On March 6, 2023, Mr. Thimot tendered his resignation as Chief Executive Officer to the Company, effective upon the earlier of the appointment of his successor and April 3, 2023.”
authID Inc. announced a restructuring with charges of Costs associated with exit or disposal activities; one-time termination benefits affecting United States based operations (up to 15 of the Company's 21 United States based employees be terminated; 11 employees have already been given notice).
“On February 14, 2023, the Board of Directors of authID Inc. (the “Company”) resolved to implement a revised budget for 2023 in order to reduce expenses and cash requirements and as part of such revised budget decided to re-balance staffing levels to better align with the evolving needs of the Company (the “Labor Reduction Plan”). Under the Labor Reduction Plan the Company intends that up to 15 of the Company’s 21 United States based employees be terminated 11 employees have already been given notice of their termination and the remainder may be terminated over the next several months. The Company has also given termination notice to certain vendors and contractors that provide services to the Company. The Company estimates that it will be incurring costs (in consideration of releases) in the range of $0.5 million to $1.1 million in connection with the Labor Reduction Plan, which are primarily one-time termination benefits and which will result in cash expenditures by the Company in tha”
Cecil N. Smith III departed as President and Chief Technology Officer at authID Inc..
“On February 15, 2023 Cecil N. Smith III ceased to be an employee, and the President and Chief Technology Officer of the Company pursuant to the Labor Reduction Plan.”
authID Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“January 25, 2023, authID Inc. (the “Company”) received notice from The Nasdaq Stock Market (“Nasdaq”) that the closing bid price for the Company’s common stock had been below $1.00 per share for the previous 30 consecutive business days, and that the Company is therefore not in compliance with the minimum bid price requirement for continued inclusion on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Rule”). Nasdaq’s notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market. The notice indicates that the Company wil”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.