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AUID

authID Inc.

AUID

authID Inc. • NASDAQ
$1.28 ▼ -2.29% (-0.03)
Market Cap $17.21 M
52w High $9.58
52w Low $1.16
Dividend Yield 0%
P/E -0.83
Volume 532.34K
Outstanding Shares 13.44M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $-106.146K ▼ $5.111M ▼ $-5.173M ▼ 4.874K% ▲ $-0.38 ▼ $-5.155M ▼
Q2-2025 $1.445M ▲ $5.916M ▲ $-4.385M ▼ -303.529% ▲ $-0.33 ▲ $-4.354M ▼
Q1-2025 $296.256K ▲ $4.675M ▼ $-4.339M ▲ -1.465K% ▲ $-0.4 ▲ $-4.297M ▲
Q4-2024 $199.749K ▼ $4.845M ▲ $-4.594M ▼ -2.3K% ▼ $-0.49 ▼ $-4.534M ▼
Q3-2024 $248.92K $3.762M $-3.365M -1.352K% $-0.31 $-3.308M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $4.9M ▼ $10.729M ▼ $1.816M ▼ $8.913M ▼
Q2-2025 $8.3M ▲ $15.814M ▲ $2.82M ▲ $12.994M ▲
Q1-2025 $2.866M ▼ $9.97M ▼ $2.34M ▼ $7.63M ▼
Q4-2024 $8.472M ▼ $14.471M ▼ $2.956M ▲ $11.515M ▼
Q3-2024 $11.718M $17.47M $1.876M $15.594M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-5.173M ▼ $-3.401M ▼ $0 $0 ▼ $-3.401M ▼ $-3.401M ▼
Q2-2025 $-4.385M ▼ $-3.031M ▲ $0 ▲ $8.464M ▲ $5.434M ▲ $-3.031M ▲
Q1-2025 $-4.339M ▲ $-5.358M ▼ $-1.7K ▲ $-245K ▼ $-5.605M ▼ $-5.36M ▼
Q4-2024 $-4.594M ▼ $-3.146M ▼ $-48.21K ▼ $-55.62K ▼ $-3.247M ▼ $-3.194M ▼
Q3-2024 $-3.365M $-2.728M $-2K $40.001K $-2.689M $-2.73M

Five-Year Company Overview

Income Statement

Income Statement authID’s income statement shows a company still in the early, pre‑scale commercial phase. Over the past several years, it has effectively generated no meaningful revenue, so its business model is not yet proven at scale. The company runs recurring operating losses, although those losses appear to be gradually narrowing over time. The negative earnings per share mainly reflect ongoing spending on people, technology, and sales efforts relative to a very small revenue base, combined with past share count changes from reverse splits. In words: this is a story of investment and product building rather than one of mature, profitable operations so far.

Balance Sheet

Balance Sheet The balance sheet is very light, which is typical for a software platform but also highlights fragility. authID holds only a modest amount of total assets, mostly in cash and similar liquid resources, and it currently shows no meaningful financial debt. That keeps interest burdens low, but it also means the company relies heavily on its limited equity and any external funding it can secure. Shareholders’ equity is thin, which leaves less of a cushion if losses continue or if the company faces delays in winning large customers. Overall, this is an asset‑light, low‑debt, but financially slender balance sheet that depends on careful cash management and access to capital.

Cash Flow

Cash Flow Cash flow reflects the same picture: the business is consistently using cash rather than generating it. Operating cash flow has been negative for multiple years, and free cash flow closely tracks that pattern because capital spending is minimal. In practical terms, most of the cash out the door is going to salaries, development, cloud infrastructure, and go‑to‑market activities, not to heavy physical investment. The burn rate appears modest in absolute dollars but is significant relative to the small cash base. This means continued operations and growth plans likely hinge on raising capital, signing larger contracts, or materially improving monetization over time.

Competitive Edge

Competitive Edge authID competes in a crowded and fast‑moving identity and cybersecurity market, alongside much larger and better‑funded players. Its edge comes from a focused specialization in biometric identity, especially facial recognition, liveness detection, and resistance to deepfakes and spoofing. Patented methods around biometric routing and multi‑factor biometric authentication provide some legal protection for its technology and help create a modest moat. Strategic partnerships, such as those with identity management integrators and large enterprises, extend its reach beyond what its size alone would allow. However, its small scale, limited financial resources, and the presence of heavyweight competitors mean that execution, customer wins, and reliability of its platform will be critical to maintaining and strengthening its competitive position.

Innovation and R&D

Innovation and R&D Innovation is the clear highlight for authID. The company has built a cloud‑based biometric platform focused on speed, accuracy, and user convenience, including selfie‑based verification, strong liveness detection, and tools designed specifically to defeat deepfakes and presentation attacks. It has also developed privacy‑preserving techniques that allow biometric checks without storing sensitive biometric data, which helps with regulatory compliance and user trust. On top of that, authID is pushing into emerging areas like securing “agentic” AI systems through its Mandate framework and participation in advanced AI hardware ecosystems. This shows a forward‑looking R&D agenda that is trying to anticipate where digital identity and AI security are heading, not just where they have been. The main risk is that innovation is out in front of commercialization: the technology looks advanced, but broad, profitable adoption is not yet visible in the financials.

Summary

authID is a small, highly specialized technology company with a strong emphasis on biometric and AI‑era identity security, but its financials still look like an early‑stage venture rather than an established software business. The income statement and cash flows show ongoing losses and cash burn, with essentially no revenue traction yet, and the balance sheet is thin, leaving limited room for prolonged setbacks. On the other hand, the company’s technology story—patents, deepfake resistance, privacy‑preserving biometrics, and a push into AI agent security—suggests meaningful differentiation in a strategically important niche. The core uncertainty is whether authID can convert this technical edge and partnership strategy into sustained commercial scale fast enough, given its modest financial resources and the intense competition in digital identity and cybersecurity.

NEWS

November 24, 2025 · 1:00 PM UTC

authID Announces Closing of Approximately $3,675,000 Registered Direct Offering

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November 21, 2025 · 9:20 AM UTC

authID Announces Pricing of Approximately $3,675,000 Registered Direct Offering

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November 20, 2025 · 8:00 AM UTC

authID Joins NVIDIA Connect to Advance Enterprise and AI Agent Security Innovation and Opportunities

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November 18, 2025 · 10:34 AM UTC

authID Unveils Mandate Framework to Establish the Critical Trust and Governance Layer for the Accelerating Agentic AI Market

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November 18, 2025 · 8:00 AM UTC

authID Unveils Mandate Framework to Establish the Critical Trust and Governance Layer for the Accelerating Agentic AI Market

Read more