Highest-materiality recent filing
authID Q1 revenue up 67% to $0.5M; net loss per share improves to $0.28; raises $4.2M bridge
Revenue $0.5M vs $0.3M YoY; net loss $4.5M ($0.28/shr) vs $4.4M ($0.40/shr).
authID raises $3.765M via senior secured debentures and warrants
Issued $3.765M principal of 6-month senior secured debentures at 0% interest; secured by substantially all assets.
authID Q4 2025 revenue $0.4M, net loss $4.0M; FY2025 revenue $2.0M, ARR $1.8M
Q4 net loss $4.0M ($0.28/share) vs $4.6M ($0.42) YoY; adjusted EBITDA loss $3.0M vs $4.1M.
authID raises ~$3.6M in registered offering of common stock and pre-funded warrants
Sold 1,626,441 shares at $1.35 per share ($1.71 for directors/officers/affiliates) and 1,062,306 pre-funded warrants at $1.3499 each.
authID Q3 net loss $5.2M ($0.38/shr); net revenue negative; bARR plunges to $0.2M
Net loss of $5.2M ($0.38 per share) vs $3.4M ($0.31) in Q3 2024; adjusted EBITDA loss $4.1M.
authID Q2 revenue triples to record $1.4M; net loss widens to $4.5M
Total revenue $1.4M (record high), up from $0.3M Q2 2024.
authID Q1 revenue rises to $0.30M, net loss widens to $4.3M, bARR drops to $0.01M
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.
authID raises ~$2.09M in registered offering of 373,060 shares at $5.60/share
Sold 373,060 common shares at $5.60 each, gross proceeds ~$2.09M; closed May 7, 2025.
authID raises ~$8.15M via 1.36M shares and pre-funded warrants at $4.50
Issued 1,361,120 shares of common stock at $4.50 per share in registered offering.
authID reports FY2024 revenue $0.89M, loss improves to $1.40/share; bARR triples to $9.01M
Q4 revenue $0.20M (up from $0.07M YoY); FY revenue $0.89M (up from $0.19M YoY).
authID FY2024 prelim revenue ~$0.85M (up ~4x); adj. EBITDA loss ~$12M; bARR $10.2M
Revenue $0.8–0.9M vs $0.19M in 2023; gross bookings $2.9M vs $1.3M.
Q3 2024 GAAP revenue $3.05M; net loss from continuing ops $16.4M (9 months) and $10.7M (3 months).
authID Q3 revenue $0.25M, revises FY2024 guidance down to $0.8-0.9M
Q3 revenue $0.25M vs $0.04M YoY; loss from continuing ops $3.4M ($0.31/share).
authID signs $10M multi-year agreement for biometric authentication in India
$10M commitment over three years; minimum $3.33M annual licensing fee for identity platform services.
authID raises ~$11M in registered direct offering, reduces authorized shares to 150M
Sold 1,464,965 shares at $7.50 ($8.16 for insiders) for gross proceeds of approximately $11.0M.
authID Q1 revenue $0.16M (+300% YoY); FY2024 guidance $1.4-1.6M, bARR target $9M
Revenue $0.16M vs $0.04M YoY, over 300% increase.
authID FY2023: Revenue $0.2M, net loss $19.6M; bARR jumps to $2.94M
Revenue $0.2M (down from $0.5M); verified license revenue unchanged at $0.2M.
Chairman Joe Trelin resigns, Board falls below Nasdaq independent majority requirement
Joe Trelin resigned as Chairman and Director effective Feb 15, 2024; Board accepted Feb 20 and vested 6,511 unvested option shares.
authID raises ~$9.45M in registered direct offering at $6.00/share
Issues 1,574,990 shares at $6.00 each for aggregate gross proceeds of approximately $9.45 million.
authID Q3 revenue $0.04M, bARR jumps to $1.0M in new contracts, loss narrows to $3.7M
Revenue $0.04M (vs $0.03M Q3 2022); net loss $3.7M improved from $6.2M; EPS -$0.47 vs -$2.00.
authID Q2 2023 revenue down to $0.04M; loss widens on $9.2M non-cash charges
Revenue $0.04M (Q2 2023) vs $0.07M (Q2 2022); legacy product discontinued Apr 2022.
authID appoints Edward Sellitto as CFO effective August 15, 2023
Annie Pham resigns as CFO effective August 15; Sellitto succeeds and Pham assists transition on consulting basis.
authID shareholders approve 1-for-8 reverse stock split; split effective July 7, 2023
Shareholders approved amendment to effect reverse stock split at ratio of 1-for-8, set by board on June 26, 2023.
authID raises ~$8.4M equity and exchanges notes for 19M shares; regains Nasdaq equity compliance
Sold 17.9M shares (8.98M registered + 8.90M PIPE) at $0.458/share for ~$8.4M gross proceeds.
authID Q1 revenue falls to $0.04M; loss $5.2M; CFO retention bonus of $240K secured
Q1 revenue $0.04M (down from $0.2M); net loss $5.2M ($0.21 EPS) vs $5.1M ($0.22) prior year.
authID appoints Thomas R. Szoke as CTO with $250K salary, 500K option grant
Thomas R. Szoke, former director and company founder, named CTO effective April 12, 2023.
authID receives Nasdaq delisting notice for low equity; reports FY2022 loss of $23.7M
Nasdaq notice: stockholders' equity of $283,536 below $2.5M minimum; bid price also below $1.00. Plan due by May 19, 2023.
authID appoints Rhoniel Daguro as CEO, former CEO Thimot departs
Thomas Thimot resigned as CEO effective March 23, 2023; enters separation agreement with $325K deferred payment.
Initial $900K draw from $3.6M facility; subsequent $2.7M subject to conditions, intended to fund working capital through Q1 2024.
Up to 15 of 21 US employees to be terminated; 11 already notified; estimated costs $0.5M-$1.1M.
authID receives Nasdaq deficiency notice for bid price below $1.00; 180 days to regain compliance
Closing bid price below $1.00 for 30 consecutive business days triggers Nasdaq notice under Listing Rule 5550(a)(2).
authID Q3 revenue drops to $0.03M; net loss widens to $6.3M; launches Verified 3.0
Revenue $0.03M (all Verified licenses) vs $0.2M in Q3 2021; nine-month revenue $0.3M vs $0.5M.
authID Q2 net loss widens to $6.4M; revenue flat at $0.1M; targets positive cash flow by 2024
Q2 2022 revenue $0.1M (flat YoY); net loss $6.4M ($0.26 per share) vs $3.0M a year ago.
authID.ai Q1 revenue flat at $0.6M; net loss widens to $5.3M; plans exit of legacy businesses
Net loss $5.3M ($0.22/share) vs $2.5M ($0.13/share) YoY; Adjusted EBITDA loss $2.9M vs $1.3M.
authID.ai FY2021 revenue $2.3M, net loss $17.7M; closes $22.5M financing
Total revenue $2.3M (2020: $2.1M); net loss $17.7M ($0.83 EPS) vs $11.3M ($0.63 EPS).
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.
On March 25, 2024, Kunal Mehta was appointed as a member of the Board of Directors of authID Inc.
On February 15, 2024, Mr. Joe Trelin tendered his resignation as Chairman and a Director of the Company, effective immediately.
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 effective August 15, 2023 and will assist the Company during the transition on a consulting basis.
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.
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
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
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.
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.
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.
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.
Max materiality 0.85 · Median 0.65 · Most common event other_material