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authID Inc. reports developments in biometric identity verification and authentication for enterprise logins, transactions, onboarding, account recovery, and passwordless access. Its platform includes PrivacyKey, Identity Verification, Biometric Authentication, IDX for distributed workforces, and authID Mandate for Agentic AI governance, with product updates tied to privacy-preserving biometrics, quantum-resistant authentication, digital identity credentials, and fraud prevention.
Company updates also cover financial results, corporate updates, strategic reseller and OEM partnerships, integrations with Microsoft-oriented identity environments, workforce and customer access use cases, and applications in financial crime intelligence. Recurring announcements connect authID's biometric root-of-trust approach with account-takeover prevention, deepfake detection, Zero Trust security architectures, and enterprise identity assurance.
authID (Nasdaq:AUID) reported Q1 2026 revenue of $0.5M, up from $0.3M, with operating expenses of $5.0M and a net loss of $4.5M, or $0.28 per share. Adjusted EBITDA loss improved to $3.4M. ARR reached $1.9M and bARR signed was $0.08M. RPO totaled $2.0M, with 71% expected within 12 months. The company highlighted a $40M enterprise pipeline, new Microsoft ecosystem partnerships, launch of its quantum-resistant PrivacyKey platform, and $4.2M in post-quarter bridge financing to extend operating runway.
authID (Nasdaq: AUID) will report Q1 2026 financial results for the period ended March 31, 2026, on May 14, 2026 after market close. CEO Rhon Daguro and CFO Ed Sellitto will host a webcast at 5:00 p.m. ET to discuss results and provide a corporate update.
Live participation requires registration for dial-in details; a replay and presentation will be available for 90 days on authID's investor site.
authID (NASDAQ:AUID) announced a private placement of senior secured debentures, warrants, and fee shares to raise approximately $4.0 million in gross proceeds. The offering includes warrants exercisable six months post-close at $1.50 and a 15% fee paid in shares priced at $1.00.
The company has received subscriptions for about $3.5 million; two directors, including the largest shareholder, committed to participate. Proceeds are for working capital and general corporate purposes.
authID (Nasdaq: AUID) launched a quantum-resistant upgrade to its PrivacyKey™ biometric digital signature platform on April 24, 2026. The platform uses a zero-storage, ephemeral-key design that regenerates and destroys private keys per authentication and supports three NIST-standardized post-quantum algorithms: ML-DSA-65, SLH-DSA-128s, SLH-DSA-256s.
PrivacyKey™ also uses AES-256 keys sharded via threshold MPC across independent nodes so no single node stores a whole key. The quantum-resistant platform is available now for enterprise customers.
authID (Nasdaq: AUID) announced a strategic partnership with Microsoft-focused consultancy Formula5 on April 2, 2026, to deliver biometric identity verification and passwordless authentication across Microsoft Entra and Microsoft Verified ID environments.
The alliance positions Formula5 as a reseller and implementation partner to expand authID deployment for remote onboarding, call center protection, continuous authentication, and Zero Trust identity assurance in regulated industries.
authID (Nasdaq: AUID) reported Fourth Quarter and Fiscal Year 2025 results on March 31, 2026, showing FY revenue $2.0M (vs. $0.9M) and ARR $1.8M (vs. $0.8M). Q4 revenue was $0.4M; net loss widened to $17.9M FY and operating expenses rose to $20.2M.
Highlights include a production agreement with a top-20 global retailer, expanded NEC/NESIC partnership, ServiceNow integration, new IDX product, and multiple large pilots and partner deals.
authID (Nasdaq: AUID) announced a strategic OEM partnership on March 25, 2026 to embed its biometric identity verification and authentication into a reusable digital identity and continuous background screening platform.
The integration offers reusable digital identity credentials with a trust score up to 360, PrivacyKey cryptographic protection, passwordless biometric re-authentication, and real-time API decisioning to reduce repeated background checks and onboarding friction.
authID (Nasdaq: AUID) will report fourth quarter and full year 2025 financial results on March 31, 2026 after market close. A webcast and live conference call with CEO Rhon Daguro and CFO Ed Sellitto will follow at 5:00 p.m. ET.
To ask questions, join the live call via registration for dial-in details; a replay and presentation will be available for 90 days on the company’s investor events page.
authID (Nasdaq: AUID) announced a strategic partnership with Section 2, Inc. on March 11, 2026 to embed biometric identity verification and the authID Mandate AI governance framework into Section 2’s TENet and TRACC solutions.
The integration cryptographically binds intelligence outputs to verified human or agent identities, creating an immutable chain of custody, enhancing auditability, and protecting AML and financial crime detection workflows. The release cites a 2025 financial crime compliance market valued at $26.52 billion with projected growth to $69 billion by 2034.
authID (Nasdaq: AUID) announced a strategic partnership with a top U.S. banking infrastructure provider on March 5, 2026 to deploy biometric onboarding and AI deepfake-resistant authentication across the partner’s platform and its first of 100+ bank customers.
The integrated authID Proof™ and PrivacyKey™ will secure commercial, in-branch, digital, and call-center channels for regional and community banks with assets of $10B–$150B, using cryptographic keys to avoid storing biometric data and supporting SOC 2 and ISO 27001 compliance.