Form 8-K
8-K — authID Inc.
Accession: 0001213900-26-037523
Filed: 2026-03-31
Period: 2026-03-31
CIK: 0001534154
SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — ea0284377-8k_authid.htm (Primary)
EX-99.1 — PRESS RELEASE DATED MARCH 31, 2026 (ea028437701ex99-1.htm)
GRAPHIC (ea028437701_img1.jpg)
GRAPHIC (ea028437701_ex99-1img1.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — CURRENT REPORT
8-K (Primary)
Filename: ea0284377-8k_authid.htm · Sequence: 1
false
0001534154
0001534154
2026-03-31
2026-03-31
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
March 31, 2026
authID Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-40747
46-2069547
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification Number)
1580 N. Logan St, Suite 660, Unit 51767, Denver,
Colorado 80203
(Address of principal executive offices) (zip code)
516-274-8700
(Registrant's telephone number, including area
code)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name
of each exchange on which registered
Common Stock par value $0.0001 per share
AUID
The Nasdaq Stock Market, LLC
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth Company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On March 31, 2026,
authID Inc. (the “Company”) issued a press release regarding its financial results for the fiscal year ended December 31,
2025. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report
on Form 8-K.
The information
contained in this Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
(d) Index of Exhibits
Exhibit
Number
Description
99.1
Press Release dated March 31, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
1
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
authID Inc.
Date: March 31, 2026
By:
/s/ Edward Sellitto
Name:
Edward Sellitto
Title:
Chief Financial Officer
2
EX-99.1 — PRESS RELEASE DATED MARCH 31, 2026
EX-99.1
Filename: ea028437701ex99-1.htm · Sequence: 2
Exhibit 99.1
authID Reports Financial and Operating Results
for the Fourth Quarter 2025
DENVER, March 30, 2026 (GLOBE NEWSWIRE) -- authID® (Nasdaq:
AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions,
today reported financial and operating 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 loss of $4.6 million, or $0.42 per share a year ago.
● Adjusted EBITDA Loss of $3.0 million (non-GAAP
measure as defined below), compared with $4.1 million a year ago.
● Gross
bARR (Booked Annual Recurring Revenue) of $0.1 million (non-GAAP measure as defined below), compared with $7.1 million a year ago.
Fiscal Year 2025 vs. Fiscal Year 2024 Financial
Summary
● Total revenue for the year was $2.0 million,
compared to $0.9 million a year ago.
● ARR (Annual Recurring Revenue) was $1.8 million
(non-GAAP measure as defined below), compared with $0.8 million a year ago.
● Operating expenses were $20.2 million, compared
to $15.6 million a year ago.
● Net loss was $17.9 million, or $1.38 per share,
compared to a loss of $14.3 million, or $1.40 per share a year ago.
● Adjusted EBITDA Loss of $14.4 million (non-GAAP
measure as defined below), compared with $11.9 million a year ago.
● Gross bARR (Booked Annual Recurring Revenue) of $2.4 million
(non-GAAP measure as defined below), compared with $9.0 million a year ago.
“2025 was the year the world recognized the deterministic identity
problem that authID was built to solve in the new world of AI,” said Rhon Daguro, authID’s Chief Executive Officer. “Our published
wins in 2025 and 2026, including a top-20 global retailer, a global technology leader in NESIC, a subsidiary of NEC, a fintech platform
serving over 100 financial institutions and a global retailer of personal care products, validate that our biometric authentication platform
technologies are setting the standard for identity authentication across a range of industries. At the same time, our product platform
expanded meaningfully, with PrivacyKey earning independent industry recognition, the launch of IDX for distributed workforces, and the
unveiling of our authID Mandate framework for enterprise Agentic AI governance.
“As a result, we are in the final stages of our
sales cycles with global multi-nationals who are the leaders in their respective industries ranging from financial services, professional
services, manufacturing, high tech AI, to retail and healthcare,” added Daguro. “This includes 6 companies that are in the
Proof of Concept (POC) stage in the month of March alone. We have reached another critical milestone at authID, which is the significant
number of large customers entering live production pilots all at once, which require major resource and time investments by both sides.
All our customers are looking to authID to solve critical identity problems that every company is facing and we are excited about our
future as we continue to add large customers using the authID technology.”
Recent Business and Operational Highlights
● Signed a full production agreement with a top-20
global retailer — one of the largest retail chains in the world — to deploy authID’s PrivacyKey technology to secure
identity verification and password reset for its back-office workforce, with a contractual pathway to expand into retail stores worldwide.
The customer is preparing for an expanded rollout of authID’s identity platform after reporting strong operational results, comprising
enrollment increase of 472% for users attaching a biometric to their account, scaling more than 5x while delivering a 97.0% acceptance
rate, along with very low abandonment rates. This represents meaningful enterprise-scale validation of authID’s biometric authentication
platform.
● Expanded the Company’s strategic partnership with NESIC, a subsidiary
of NEC Corporation, a $20 billion global technology leader. Phase one of a multi-phase strategy is live, embedding authID’s biometric
identity verification and authentication into NESIC’s Symphonict Trust platform for enterprise workforce onboarding in the Japanese market.
Jointly launched Identity Exchange (IDX™), providing scalable identity assurance for distributed workforces, supply chains, and
AI Agents. By binding human identity to AI Agents through biometric authentication, IDX directly addresses the governance and accountability
gap that currently limits enterprise adoption of Agentic AI and extends authID into the Verifiable Credentials market— dramatically
expanding authID’s total addressable market.
● Signed an agreement with MajorKey Technologies,
a premier identity security firm and certified Microsoft Entra Suite services partner, to bring authID’s Proof™ technology
to Microsoft customers globally. MajorKey subsequently launched IDProof+, developed in collaboration with authID, delivering high-assurance
biometric identity verification into the Microsoft ecosystem and opening a significant new distribution channel for authID.
● Signed an agreement with a digital infrastructure
platform serving more than 100 financial institutions — banks with assets ranging from $10 billion to $150 billion — to integrate
authID’s Proof™ and PrivacyKey™ technologies into its universal onboarding and customer management platform.
● Signed an agreement with an international bank
for identity onboarding, verification, and authentication.
● authID and partner TurboCheck selected by global
workforce solutions provider to protect its hiring, onboarding, and daily workforce operations from a fast-growing wave of employment
identity fraud.
● Integrated with ServiceNow, adding authID to
the ServiceNow Store, making authID accessible to over 8400 contact centers worldwide, including 85% of Fortune 500 companies.
● Signed partner deals with a background screening tech innovator
for enhanced reusable digital identity credentials and with a pioneer in financial threat intelligence securing the delivery of their
“Intelligence as a Service” for financial organizations with cryptographic identity assurance and full auditability.
Financial Results for the Fourth Quarter and
Fiscal Year Ended December 31, 2025
Gross revenue for the three months ended December
31, 2025 was $0.6 million, compared with $0.2 million a year ago. Net revenue, which reflects estimated concessions in the Fourth quarter
totaling $0.2 million, was $0.4 million, compared with $0.2 million a year ago. Total net revenue for the twelve months ended December
31, 2025 which reflects estimated concessions totaling $0.9 million, was $2.0 million, compared with $0.9 million a year ago. Our gross
and net revenue were impacted by certain accounting adjustments required to reflect challenges with two customer contracts, as further
explained in the Annual financial statements filed today.
2
Operating expenses for the three months ended
December 31, 2025, were $4.5 million, compared to $4.9 million a year ago. Operating expenses for the twelve months ended December 31,
2025 were $20.2 million, compared with $15.6 million in the year-ago period. The 2025 increase is primarily due to a number of factors
including increased headcount and continued investment in sales and R&D, as well as shares issued to management advisors and credit
loss expense related to certain customer contracts of approximately $0.8 million. Operating expenses plateaued in Q4 as expenses held
steady vs. last year.
Net loss for the three months ended December 31,
2025 was $4.0 million, of which non-cash charges were $1.1 million, compared with a net loss of $4.6 million a year ago, of which non-cash
charges were $0.6 million. Net loss for the twelve months ended December 31, 2025 was $17.9 million, of which non-cash charges were $3.8
million, compared with a net loss of $14.3 million a year ago, of which non-cash charges were $2.8 million.
Loss per share for the three months ended December
31, 2025 was $0.28, compared with $0.42 a year ago. Loss per share for the twelve months ended December 31, 2025 was $1.38, compared with
$1.40 a year ago.
Adjusted EBITDA loss (a non-GAAP measure, as defined
below) was $3.0 million for the three months ended December 31, 2025, compared with a loss of $4.1 million a year ago. Adjusted EBITDA
loss was $14.4 million for the twelve months ended December 31, 2025, compared with a loss of $11.9 million a year ago. The increase in
adjusted EBITDA loss is primarily driven by the increase in headcount investment in sales and R&D. Please refer to Table 1 for reconciliation
of net loss to adjusted EBITDA (a non-GAAP measure).
Remaining Performance Obligation (RPO) as of December
31, 2025, was $2.2 million, of which $0.5 million is held as deferred revenue and $1.7 million is related to other non-cancellable contracted
amounts, compared to RPO of $14.3 million as of December 31, 2024. The Company expects to recognize the full RPO of $2.2 million over
the entire life of the contracts.
The gross amount of Booked Annual Recurring Revenue
or bARR, (a non-GAAP measure, as defined below), signed in the fourth quarter of 2025 was $0.1 million, down from $7.1 million of gross
bARR a year ago. The net amount of bARR was a negative $1.0 million, compared to a positive $6.9 million of net bARR signed in the comparable
period in 2024. The Q4 bARR is comprised of $0.03 million in Committed Annual Recurring Revenue (cARR) and $0.04 million in estimated
Usage Above Commitments (UAC).
The gross amount of Booked Annual Recurring Revenue
or bARR, signed in 2025 was $2.4 million, down from $9.0 million of gross bARR a year ago. The net amount of bARR was a negative $6.3
million compared to a positive $7.4 million of net bARR signed in 2024. The 2025 bARR is comprised of $1.06 million in Committed Annual
Recurring Revenue (cARR) and $1.37 million in estimated Usage Above Commitments (UAC).
The net amount of bARR reflects the deduction
of the bARR of contracts previously included in reported bARR, due to certain customers experiencing delays in Production Go-Live timing,
volume ramping and challenges meeting their contractual obligations.
The amount of Annual Recurring Revenue or ARR,
(a non-GAAP measure, as defined below) as of Q4 2025 was $1.8 million, compared to $0.8 million of ARR as of Q4 2024.
See below for further definition and explanation
of ARR and bARR, non-GAAP measures.
Conference Call
A conference call and webcast will be held today
at 5:00p.m. EDT, hosted by authID Chief Executive Officer Rhon Daguro and Chief Financial Officer Ed Sellitto to discuss the financial
results and provide a corporate update.
To participate on the live conference call, please
access this registration link and you will be provided with dial-in details. To avoid delays, participants are encouraged to
dial into the conference call 15 minutes ahead of the scheduled start time. A live webcast of the call will be available at webcast
registration and on the “Events & Presentations” page of the Company’s website at investors.authid.ai. Only
participants on the live conference call will be able to ask questions.
A replay of the event will also be available for
90 days at authID’s Investor Relations site.
3
About authID Inc.
authID® (Nasdaq: AUID) ensures enterprises
“Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate,
patented, biometric identity platform. authID quickly and accurately verifies a user’s identity, leveraging a 1-in-1-billion False
Positive Rate for the highest level of assurance, coupled with industry-leading speed and privacy-preserving technology. authID’s
IDX platform secures the distributed workforce of employees and contractors, while enforcing authorization and accountability for AI agents.
By creating a biometric root of trust for each user, authID stops fraud at onboarding, prevents account takeover, detects and stops deepfakes,
eliminates password risks and costs, and provides the fastest, frictionless, and most accurate user identity experience in the industry.
Investor Relations Contacts
authID Investor Relations
investor-relations@authID.ai
Forward-Looking Statements
This Press Release includes “forward-looking
statements.” All statements other than statements of historical facts included herein, including, without limitation, those regarding
the future results of operations, growth and sales, potential contract signings, booked Annual Recurring Revenue (bARR) (and its components
cARR and UAC), Annual Recurring Revenue (ARR), cash flow, cash position and financial position, business strategy, plans and objectives
of management for future operations of both authID Inc. and its business partners, are forward-looking statements. Such forward-looking
statements are based on a number of assumptions regarding authID’s present and future business strategies, and the environment in
which authID expects to operate in the future, which assumptions may or may not be fulfilled in practice. Actual results may vary materially
from the results anticipated by these forward-looking statements as a result of a variety of risk factors, including the Company’s
ability to attract and retain customers; successful implementation of the services to be provided under new customer contracts and their
adoption by customers’ users; the Company’s ability to compete effectively; changes in laws, regulations and practices; the
increase in international tariffs and uncertainty over international trading conditions, changes in domestic and international economic
and political conditions, the impact of the wars in Ukraine and the Middle East, inflationary pressures, changes in interest rates, and
others. See the Company’s Annual Report on Form 10-K for the Fiscal Year ended December 31, 2025 filed at www.sec.gov and
other documents filed with the SEC for other risk factors which investors should consider. These forward-looking statements speak only
as to the date of this release and cannot be relied upon as a guide to future performance. authID expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release to reflect any changes
in its expectations with regard thereto or any change in events, conditions, or circumstances on which any statement is based.
Non-GAAP Financial Information
The Company provides certain non-GAAP financial
measures in this statement. These non-GAAP key business indicators, which include Adjusted EBITDA, bARR and ARR should not be considered
replacements for and should be read in conjunction with the GAAP financial measures.
Management believes that Adjusted EBITDA, when
viewed with our results under GAAP and the accompanying reconciliations, provides useful information about our period-over-period results.
Adjusted EBITDA is presented because management believes it provides additional information with respect to the performance of our fundamental
business activities and is also frequently used by securities analysts, investors, and other interested parties in the evaluation of comparable
companies. We also rely on Adjusted EBITDA as a primary measure to review and assess the operating performance of our Company and our
management.
Adjusted EBITDA is a non-GAAP financial measure
that represents GAAP net income (loss) adjusted to exclude (1) interest expense and debt discount and debt issuance costs amortization
expense, (2) interest income, (3) provision for income taxes, (4) depreciation and amortization, (5) stock-based compensation expense
and certain other items management believes affect the comparability of operating results.
Please see Table 1 below for a reconciliation
of Adjusted EBITDA – continuing operations to net loss – continuing operations, the most directly comparable financial measure
calculated and presented in accordance with GAAP.
4
TABLE 1
Reconciliation of Loss from Continuing Operations
to Adjusted EBITDA Continuing Operations.
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2025
2024
2025
2024
Loss from continuing operations
$ (4,035,313 )
$ (4,594,375 )
$ (17,932,880 )
$ (14,277,994 )
Addback:
Interest expense, net
652
12,711
15,494
48,930
Interest income
(36,087 )
(11,042 )
(236,134 )
(455,227 )
Severance cost
–
–
–
14,251
Depreciation and amortization
11,953
47,865
88,428
179,075
Stock compensation
1,098,754
567,954
3,700,275
2,612,164
Adjusted EBITDA continuing operations (Non-GAAP)
$ (2,960,041 )
(4,076,887 )
(14,364,817 )
(11,878,801 )
Management believes that bARR and ARR, when viewed with our results under GAAP, provide useful information about the direction of future
growth trends of the Company’s revenues. We also rely on bARR as one of several primary measures to review and assess the sales
performance of our Company and our management team in connection with our executive compensation. The Company defines Booked Annual Recurring
Revenue or bARR, as the amount of annual recurring revenue represented by the estimated amounts of annual recurring revenue we believe
will be earned under contracted orders, looking out eighteen months from the date of signing of each customer contract. This estimate
is comprised of two components (1) Committed Annual Recurring Revenue (cARR), which represents the minimum amounts that customers are
contractually committed to pay each year over the life of the contract and (2) Usage Above Commitments (UAC), which represents our estimate
of the rate of annual recurring revenue arising from actual usage of our services above the contractual minimums, that we believe the
Customer will achieve after 18 months. The net amount of bARR reflects the deduction of the bARR of contracts previously included in reported
bARR, which were subject to attrition, or other downward adjustments during the quarter.
The Company defines Annual Recurring Revenue or
ARR, as the amount of recurring revenue recognized during the last three months of the relevant period as determined in accordance with
GAAP, multiplied by four.
bARR may be distinguished from ARR, as bARR does
not take specifically into account the time to implement any contract for authID’s services, nor for any ramp in adoption, or seasonality
of usage of our biometric products but is based on the assumption that 18 months after signing these matters will have been generally
resolved. Furthermore, bARR is based on estimates of future revenues under particular contracts, whereas ARR, whilst also forward-looking,
is based on historical revenues recognized in accordance with GAAP during the relevant period. A reconciliation of bARR and ARR to a GAAP
measure is not provided as there are no comparable GAAP measures and we believe that any attempt at such reconciliation may be confusing
to investors. bARR and ARR have limitations as analytical tools, and you should not consider them in isolation from, or as a substitute
for, analysis of our results as reported under GAAP. Some of these limitations are:
● bARR & ARR should not be considered as predictors
of future revenues but only as indicators of the direction in which revenues may be trending. Actual revenue results in the future as
determined in accordance with GAAP may be significantly different to the amounts indicated as bARR or ARR at any time.
● bARR and ARR are to be considered “forward-looking
statements” and subject to the same risks, as other such statements (see note on “Forward-Looking Statements” above).
5
authID INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
Three Months Ended
Twelve Months Ended
December 31,
December 31,
2025
2024
2025
2024
Unaudited
Revenues:
Revenues
$ 587,650
$ 199,749
$ 2,924,842
$ 886,485
Discounts and concessions
(181,699 )
–
(884,182 )
–
Total Revenues, net
405,951
199,749
2,040,660
886,485
Operating Expenses:
General and administrative
2,538,822
2,815,096
12,416,907
9,149,166
Research and development
1,925,924
2,029,494
7,688,845
6,242,535
Amortization
11,953
47,865
88,428
179,075
Total operating expenses
4,476,699
4,892,455
20,194,180
15,570,776
Loss from operations
(4,070,748 )
(4,692,706 )
(18,153,520 )
(14,684,291 )
Other Income (Expense):
Interest income
36,087
111,042
236,134
455,227
Interest expense, net
(652 )
(12,711 )
(15,494 )
(48,930 )
Other income, net
35,435
98,331
220,640
406,297
Loss from operations before income taxes
(4,035,313 )
(4,594,375 )
(17,932,880 )
(14,277,994 )
Income tax expense
–
–
–
–
Net loss
$ (4,035,313 )
$ (4,594,375 )
$ (17,932,880 )
$ (14,277,994 )
Net Loss Per Share – Basic and Diluted
$ (0.28 )
$ (0.42 )
$ (1.38 )
$ (1.40 )
Weighted Average Shares Outstanding – Basic and Diluted:
14,398,069
10,920,872
13,007,045
10,202,371
6
authID INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31,
December 31,
2025
2024
ASSETS
Current Assets:
Cash
$ 4,608,073
$ 8,471,561
Accounts receivable
238,800
97,897
Contract assets
9,362
426,859
Deferred contract costs
199,380
617,918
Other current assets
595,692
460,192
Total current assets
5,651,307
10,074,427
Intangible assets, net
147,391
213,718
Goodwill
4,183,232
4,183,232
Total assets
$ 9,981,930
$ 14,471,377
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable and accrued expenses
$ 876,168
$ 1,715,410
Commission liability
4,934
459,657
Severance liability
–
325,000
Convertible debt, net
–
240,884
Deferred revenue
477,058
215,237
Total current liabilities
1,358,160
2,956,188
Total liabilities
$ 1,358,160
$ 2,956,188
Commitments and Contingencies (Note 9)
Stockholders’ Equity:
Common stock, $0.0001 par value, 150,000,000 and 250,000,000 shares authorized as of December 31, 2025 and 2024, respectively; 16,132,487 and 10,920,909 shares issued and outstanding as of December 31, 2025 and 2024, respectively
1,613
1,092
Additional paid in capital
200,353,514
185,312,508
Accumulated deficit
(191,741,409 )
(173,808,529 )
Accumulated comprehensive income
10,052
10,118
Total stockholders’ equity
8,623,770
11,515,189
Total liabilities and stockholders’ equity
$ 9,981,930
$ 14,471,377
7
authID INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
Year Ended December 31,
2025
2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
$ (17,932,880 )
$ (14,277,994 )
Adjustments to reconcile net loss with cash flows from operations:
Stock-based compensation
3,440,357
2,612,164
Amortization of debt discounts and issuance costs
4,116
16,460
Non-cash settlement expense
206,000
–
Amortization expense
88,428
179,075
Provision for doubtful accounts
(149,720 )
149,720
Changes in operating assets and liabilities:
Accounts receivable
8,817
(156,340 )
Contract assets
417,497
(426,859 )
Deferred contract cost
418,538
(460,618 )
Other current assets
(135,500 )
15,812
Accounts payable and accrued expenses
(1,164,242 )
306,445
Commission liability
(454,723 )
335,507
Deferred revenue
261,821
83,609
Net cash flows from operating activities
(14,991,491 )
(11,623,019 )
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of intangible assets
(22,101 )
(65,792 )
Net cash flows from investing activities
(22,101 )
(65,792 )
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common stock
13,914,526
10,995,325
Offering costs from sale of common stock
(2,519,356 )
(1,009,546 )
Repayment of convertible note
(245,000 )
–
Net cash flows from financing activities
11,150,170
9,985,779
Effect of Foreign Currencies
(66 )
(2,506 )
Net Change in Cash
(3,863,488 )
(1,705,538 )
Cash, Beginning of the Year
8,471,561
10,177,099
Cash, End of the Year
$ 4,608,073
$ 8,471,561
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest
$ 10,370
32,470
Warrants issued as offering costs
$ 1,585,637
877,392
Cashless option and warrant exercises
$ 438,000
79,556
8
GRAPHIC
GRAPHIC
Filename: ea028437701_img1.jpg · Sequence: 3
Binary file (13825 bytes)
Download ea028437701_img1.jpg
GRAPHIC
GRAPHIC
Filename: ea028437701_ex99-1img1.jpg · Sequence: 4
Binary file (12310 bytes)
Download ea028437701_ex99-1img1.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Cover
Mar. 31, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Mar. 31, 2026
Entity File Number
001-40747
Entity Registrant Name
authID Inc.
Entity Central Index Key
0001534154
Entity Tax Identification Number
46-2069547
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
1580 N. Logan St
Entity Address, Address Line Two
Suite 660
Entity Address, Address Line Three
Unit 51767
Entity Address, City or Town
Denver
Entity Address, State or Province
CO
Entity Address, Postal Zip Code
80203
City Area Code
516
Local Phone Number
274-8700
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock par value $0.0001 per share
Trading Symbol
AUID
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 3 such as an Office Park
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine3
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration