authID Reports Financial and Operating Results for the Third Quarter 2026
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
authID (Nasdaq: AUID) reported a narrower third-quarter 2026 net loss as operating expenses fell and net revenue turned positive. Net revenue was $263,155, versus negative $106,146 a year earlier; revenue before discounts and concessions fell to $279,155 from $596,337. Operating expenses declined to $3,429,393 from $5,126,873. Net loss narrowed to $4,079,350, or $0.24 per share, from $5,173,321, or $0.38 per share.
Cash totaled $954,483 at September 30, versus $4,608,073 at year-end. authID signed a $2 million agreement with EinStrong Charitable Foundation, including $1 million already paid, and collected $1.0 million from customers in October. After quarter-end, it closed a $1.35 million senior secured convertible-debenture and warrant placement. April debenture holders extended maturity to February 28, 2027. Remaining contracted revenue was $3.0 million; authID expects approximately 74% to become revenue over the twelve months ending September 30, 2027.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Major pointEinStrong agreement totals $2 million, including $1 million paid and $1 million committed for functionality and support. 63% of market cap
- Major point$1.35 million private placement closed after quarter-end, providing additional financing. 42% of market cap
- Moderate pointThird-quarter net revenue reached $263,155, versus negative $106,146 a year earlier.
- Moderate pointThird-quarter operating expenses fell to $3,429,393 from $5,126,873 a year earlier.
- Moderate pointThird-quarter net loss narrowed to $4,079,350 from $5,173,321 a year earlier.
- Moderate pointApril 2026 debenture maturity extended to February 28, 2027, deferring repayment.
- Moderate pointOctober customer cash collections totaled $1.0 million.
- Moderate point. Forward-looking: it has not happened yet and may not happen.$3.0 million in remaining contracted revenue; authID expects approximately 74% recognition over twelve months ending September 30, 2027.
9 minor points
- Minor pointThird-quarter loss per share improved to $0.24 from $0.38 a year earlier.
- Minor pointThird-quarter adjusted EBITDA loss narrowed to $2,056,710 from $4,124,003; this is a non-GAAP measure.
- Minor pointGlobal retailer customer deal closed for employee biometric authentication deployment.
- Minor pointManufacturing automation customer deal closed for workforce security.
- Minor pointUK financial-services compliance provider deal closed for biometric employee identity verification.
- Minor pointNine-month operating expenses fell to $12,940,147 from $15,717,481 a year earlier.
- Minor pointNine-month net loss narrowed to $13,299,772 from $13,897,567 a year earlier.
- Minor pointNine-month loss per share improved to $0.81 from $1.11 a year earlier.
- Minor pointNine-month adjusted EBITDA loss narrowed to $8,304,447 from $11,380,795; this is a non-GAAP measure.
Negative
- Major pointSenior secured debt at fair value totaled $4,395,098 at September 30, versus none at year-end.
- Major point$1.35 million senior secured convertible-debenture and warrant placement adds debt and potential shareholder dilution. 42% of market cap
- Moderate pointCash fell to $954,483 at September 30, 2026 from $4,608,073 at December 31, 2025.
- Moderate pointStockholders’ deficit reached $539,613, versus $8,623,770 equity at December 31, 2025.
- Moderate pointThird-quarter revenue before discounts and concessions fell to $279,155 from $596,337 a year earlier.
- Moderate pointAnnual recurring revenue fell to $1.1 million in Q3 2026 from $1.7 million in Q3 2025.
- Moderate pointNet booked annual recurring revenue was $0.10 million, versus $0.23 million last quarter and negative $6.8 million a year ago.
8 minor points
- Minor pointNine-month net revenue fell to $1,233,925 from $1,634,709 a year earlier.
- Minor pointGross booked annual recurring revenue was $0.10 million, down from $0.23 million last quarter and $0.19 million a year ago.
- Minor pointCustomer production delays, slower volume ramping and contractual-payment challenges affected adjustments to previously reported booked recurring revenue.
- Minor pointThird-quarter warrant-modification expense totaled $347,407, versus none a year earlier.
- Minor pointThird-quarter commitment-fee warrant expense totaled $221,250, versus none a year earlier.
- Minor pointThird-quarter debt-issuance costs totaled $55,292, versus none a year earlier.
- Minor pointThird-quarter senior secured debt fair-value expense totaled $285,234, versus none a year earlier.
- Minor pointThird-quarter severance cost totaled $183,939, versus none a year earlier.
News Explained
At
Sources and calculations
- authID third-quarter 2026 results release (2026-11-12)
- authID third-quarter 2026 fundamentals (2026Q3)
- Available liquidity against the last reported quarterly operating outflow, in days at that rate $954,483 / ($696,148 / 92) = 126.1 days
Key Figures
- Gross revenue
- $0.3 million
- Q3 2026, compared with $0.6 million a year earlier
- Net revenue
- $0.3 million
- Q3 2026, compared with negative ($0.1) million a year earlier
- Operating expenses
- $3.4 million
- Q3 2026, compared with $5.1 million a year earlier
- Net loss
- $4.1 million
- Q3 2026, compared with $5.2 million a year earlier
- Remaining performance obligation
- $3.0 million
- As of September 30, 2026; approximately 74% expected to be recognized over the following twelve months
- Gross bARR signed
- $0.10 million
- Q3 2026, down from $0.23 million last quarter and $0.19 million a year earlier
- ARR
- $1.1 million
- As of Q3 2026, compared with $1.7 million as of Q3 2025
- Private placement
- $1.35 million
- Closed after quarter-end; senior secured convertible debentures and warrants
Previous Earnings Reports
-
Reported weak mid-year results and continued losses while evaluating strategic and financing alternatives.
-
Year-ago revenue faced concessions, operating expenses rose, and net losses widened.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
senior secured convertible debentures financial
remaining performance obligation financial
arr financial
non-gaap financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, Nov. 12, 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 quarter ended September 30, 2026.
"This quarter we focused on putting our capital to work more efficiently and bringing in revenue and cash faster," said Thomas Szoke, Chief Executive Officer of authID. "We reduced operating expenses significantly while using AI to maintain our output and make our team more productive. We are also launching new standalone services that are billed monthly on usage, giving us a faster path to revenue. These efforts are already showing results. In October alone, we collected
Recent Business and Operational Highlights
- Entered into a
$2 million technology licensing, services and support agreement with the EinStrong Charitable Foundation. EinStrong has paid$1 million for a non-exclusive license to authID’s biometric identity technology and has committed an additional$1 million for new biometric de-duplication functionality and related engineering support. - Closed new customer deals including:
- Top global retailer to deploy biometric authentication for more than 100,000 employees across more than 1,000 locations.
- Multinational manufacturing automation company to strengthen workforce security for tens of thousands of employees and contractors.
- A UK-based provider of compliance solutions to the financial services industry, for biometric identity verification of employees of financial organizations.
- Channel Partner Successes:
- Achieved Microsoft Entra Verified ID Identity Verification Partner certification;
- Expanded our partnership with MajorKey Technologies through an OEM agreement embedding Verified, PrivacyKey and Proof across MajorKey’s identity security portfolio; and
- Announced a strategic partnership with SynerComm, a cybersecurity value-added reseller, to expand biometric identity security across highly regulated enterprises.
- Reduced operating expenses by over
30% year over year, while increasing productivity through utilization of agentic engineering and a newly launched 24/7 customer support AI agent. - Closed a private placement of
$1.35 million of senior secured convertible debentures and warrants subsequent to quarter end, with proceeds to be used for working capital and general corporate purposes. Holders of the April 2026 senior secured debentures also agreed to extend the maturity to February 28, 2027.
Financial Results for the Third Quarter Ended September 30, 2026
Total gross revenue for the quarter was
Net revenue for the quarter was
Operating expenses for the three months ended September 30, 2026, were
Net loss for the three months ended September 30, 2026 was
Loss per share for the three months ended September 30, 2026 was
Adjusted EBITDA loss (a non-GAAP measure, as defined below) was
Remaining Performance Obligation (RPO) as of September 30, 2026 was
The gross amount of Booked Annual Recurring Revenue or bARR, (a non-GAAP measure, as defined below), signed in the third quarter of 2026 was
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 Q3 2026 was
See below for further definition and explanation of ARR and bARR, non-GAAP measures.
Conference Call
In light of the Company’s ongoing review of strategic and financing alternatives, the Company has determined not to hold a conference call to discuss its third quarter results at this time.
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 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. For more information, visit www.authID.ai
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, as well as any potential strategic or financing alternatives 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, expenses related to warrants issued in connection with financing arrangements, debt issuance costs and changes in fair value, (2) interest income, (3) severance cost, (4) 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.
TABLE 1
| Reconciliation of Loss from Continuing Operations to Adjusted EBITDA Continuing Operations. | ||||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Loss from continuing operations | $ | (4,079,350 | ) | $ | (5,173,321 | ) | $ | (13,299,772 | ) | $ | (13,897,567 | ) | ||||
| Addback: | ||||||||||||||||
| Interest expense, net | 5,881 | 1,959 | 15,968 | 14,842 | ||||||||||||
| Interest income | (1,952 | ) | (61,657 | ) | (33,332 | ) | (200,047 | ) | ||||||||
| Debt issuance costs | 55,292 | - | 952,207 | - | ||||||||||||
| Change in fair value of senior secured debt | 285,234 | - | 90,050 | - | ||||||||||||
| Commitment fee warrants | 221,250 | - | 221,250 | - | ||||||||||||
| Warrants modification | 347,407 | - | 347,407 | - | ||||||||||||
| Severance cost | 183,939 | - | 183,939 | - | ||||||||||||
| Amortization | 10,315 | 16,034 | 33,711 | 76,475 | ||||||||||||
| Stock compensation | 915,274 | 1,092,982 | 3,184,125 | 2,625,502 | ||||||||||||
| Adjusted EBITDA continuing operations (Non-GAAP) | $ | (2,056,710 | ) | $ | (4,124,003 | ) | $ | (8,304,447 | ) | $ | (11,380,795 | ) | ||||
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).
| authID INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) | ||||||||||||||||
| Three Months Ended | Nine Months Ended | |||||||||||||||
| September 30, | September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Revenues, net | $ | 279,155 | $ | 596,337 | $ | 1,249,925 | $ | 2,337,192 | ||||||||
| Discount and concessions | (16,000 | ) | (702,483 | ) | (16,000 | ) | (702,483 | ) | ||||||||
| Total revenue, net | 263,155 | (106,146 | ) | 1,233,925 | 1,634,709 | |||||||||||
| Operating Expenses: | ||||||||||||||||
| General and administrative | 2,075,155 | 3,325,452 | 7,401,689 | 9,878,085 | ||||||||||||
| Research and development | 1,343,923 | 1,785,387 | 5,504,747 | 5,762,921 | ||||||||||||
| Amortization | 10,315 | 16,034 | 33,711 | 76,475 | ||||||||||||
| Total operating expenses | 3,429,393 | 5,126,873 | 12,940,147 | 15,717,481 | ||||||||||||
| Loss from operations | (3,166,238 | ) | (5,233,019 | ) | (11,706,222 | ) | (14,082,772 | ) | ||||||||
| Other Income (Expense): | ||||||||||||||||
| Interest income | 1,952 | 61,657 | 33,332 | 200,047 | ||||||||||||
| Interest expense, net | (5,881 | ) | (1,959 | ) | (15,968 | ) | (14,842 | ) | ||||||||
| Warrants modification | (347,407 | ) | - | (347,407 | ) | - | ||||||||||
| Commitment fee warrants | (221,250 | ) | - | (221,250 | ) | - | ||||||||||
| Debt issuance costs | (55,292 | ) | - | (952,207 | ) | - | ||||||||||
| Change in fair value of senior secured debt | (285,234 | ) | - | (90,050 | ) | - | ||||||||||
| Other income / (expense), net | (913,112 | ) | 59,698 | (1,593,550 | ) | 185,205 | ||||||||||
| Net loss before income taxes | (4,079,350 | ) | (5,173,321 | ) | (13,299,772 | ) | (13,897,567 | ) | ||||||||
| Income tax expense | - | - | - | - | ||||||||||||
| Net loss | $ | (4,079,350 | ) | $ | (5,173,321 | ) | $ | (13,299,772 | ) | $ | (13,897,567 | ) | ||||
| Net Loss Per Share - Basic and Diluted | $ | (0.24 | ) | $ | (0.38 | ) | $ | (0.81 | ) | $ | (1.11 | ) | ||||
| Weighted Average Shares Outstanding - Basic and Diluted: | 16,720,339 | 13,443,740 | 16,458,134 | 12,538,275 | ||||||||||||
| authID INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
| September 30, | December 31, | |||||||
| 2026 | 2025 | |||||||
| (unaudited) | ||||||||
| ASSETS | ||||||||
| Current Assets: | ||||||||
| Cash | $ | 954,483 | $ | 4,608,073 | ||||
| Accounts receivable | 222,549 | 238,800 | ||||||
| Contract assets | - | 9,362 | ||||||
| Deferred contract costs | 86,305 | 199,380 | ||||||
| Other current assets | 529,820 | 595,692 | ||||||
| Total current assets | 1,793,157 | 5,651,307 | ||||||
| Intangible Assets, net | 113,680 | 147,391 | ||||||
| Goodwill | 4,183,232 | 4,183,232 | ||||||
| Total assets | $ | 6,090,069 | $ | 9,981,930 | ||||
| LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY | ||||||||
| Current Liabilities: | ||||||||
| Accounts payable and accrued expenses | $ | 836,320 | $ | 876,168 | ||||
| Commission liability | 15,690 | 4,934 | ||||||
| Deferred revenue | 1,382,574 | 477,058 | ||||||
| Senior secured debt, at fair value | 4,395,098 | - | ||||||
| Total current liabilities | 6,629,682 | 1,358,160 | ||||||
| Total liabilities | $ | 6,629,682 | $ | 1,358,160 | ||||
| Commitments and Contingencies (Note 9) | ||||||||
| Stockholders’ (Deficit) Equity: | ||||||||
| Common stock, | 1,672 | 1,613 | ||||||
| Additional paid-in capital | 204,489,844 | 200,353,514 | ||||||
| Accumulated deficit | (205,041,181 | ) | (191,741,409 | ) | ||||
| Accumulated comprehensive income | 10,052 | 10,052 | ||||||
| Total Stockholders’ (Deficit) Equity | (539,613 | ) | 8,623,770 | |||||
| Total liabilities and Stockholders’ (Deficit) Equity | $ | 6,090,069 | $ | 9,981,930 | ||||
| authID INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) | ||||||||
| Nine Months Ended | ||||||||
| September 30, | ||||||||
| 2026 | 2025 | |||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||
| Net loss | $ | (13,299,772 | ) | $ | (13,897,567 | ) | ||
| Adjustments to reconcile net loss with cash flows from operations: | ||||||||
| Stock-based compensation | 3,184,123 | 2,625,522 | ||||||
| Non-cash severance expense | - | 206,000 | ||||||
| Amortization expense | 33,711 | 76,475 | ||||||
| Provision for expected credit losses | - | 795,900 | ||||||
| Credit losses write-off | - | (896,620 | ) | |||||
| Debt issuance costs | 910,207 | - | ||||||
| Fair value adjustment on senior secured debt | 90,050 | - | ||||||
| Commitment fee warrants | 221,250 | - | ||||||
| Warrant modification expense | 347,407 | - | ||||||
| Amortization of debt discounts and issuance costs | - | 4,116 | ||||||
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable | 16,251 | 7,279 | ||||||
| Contract assets | 9,362 | 325,510 | ||||||
| Deferred contract costs | 113,075 | 387,374 | ||||||
| Other current assets | 65,872 | (524,160 | ) | |||||
| Accounts payable and accrued expenses | (39,848 | ) | (765,064 | ) | ||||
| Commissions liability | 10,756 | (450,573 | ) | |||||
| Deferred revenue | 905,516 | 316,343 | ||||||
| Net cash flows from operating activities | (7,432,040 | ) | (11,789,465 | ) | ||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
| Purchase of intangible assets | - | (1,700 | ) | |||||
| Net cash flows from investing activities | - | (1,700 | ) | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
| Proceeds from issuance of senior secured debt | 4,305,048 | - | ||||||
| Proceeds from sale of fee shares | 21,854 | - | ||||||
| Proceeds from sale of warrants | 138,098 | - | ||||||
| Proceeds from sale of common stock | - | 10,239,136 | ||||||
| Payment of financing and offering costs | (686,550 | ) | (1,774,809 | ) | ||||
| Repayment of convertible notes | - | (245,000 | ) | |||||
| Net cash flows from financing activities | 3,778,450 | 8,219,327 | ||||||
| Effect of Foreign Currencies | - | (65 | ) | |||||
| Net Change in Cash | (3,653,590 | ) | (3,571,903 | ) | ||||
| Cash, Beginning of the Period | 4,608,073 | 8,471,561 | ||||||
| Cash, End of the Period | $ | 954,483 | $ | 4,899,658 | ||||
| Supplemental Disclosure of Cash Flow Information | ||||||||
| Cash paid for interest | $ | 10,053 | $ | 10,370 | ||||
| Placement-agent warrants issued at fair value | $ | 279,477 | $ | 864,165 | ||||
| Allocation of proceeds from sr. secured debt to investor warrants and fee shares | $ | 159,952 | $ | - | ||||
| Cashless option and warrant exercises | $ | - | $ | 438,000 | ||||
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were authID’s third-quarter 2026 revenue and earnings results?
authID reported $263,155 in net revenue and a $4,079,350 net loss, or $0.24 per share, for the quarter ended September 30, 2026. A year earlier, net revenue was negative $106,146 and net loss was $5,173,321, or $0.38 per share.
What is authID’s agreement with EinStrong Charitable Foundation worth?
The technology licensing, services and support agreement totals $2 million. EinStrong paid $1 million for a non-exclusive license to authID’s biometric identity technology and committed another $1 million for biometric de-duplication functionality and related engineering support.
How does authID calculate booked annual recurring revenue?
authID defines booked annual recurring revenue as estimated annual recurring revenue under signed contracts, looking eighteen months beyond each contract’s signing. Q3 2026 bookings included $0.05 million in committed annual recurring revenue and $0.05 million in estimated usage above commitments. This non-GAAP measure is an estimate, not recognized revenue.
Why is authID not holding a third-quarter 2026 earnings conference call?
authID said it would not hold a third-quarter results conference call at this time because of its ongoing review of strategic and financing alternatives.