Welcome to our dedicated page for AUTHID SEC filings (Ticker: AUID), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
authID Inc. filings document the formal disclosures of an operating company focused on biometric identity verification and authentication. Recent Form 8-K reports cover financial results, furnished earnings releases and investor presentations, material definitive agreements, and capital-structure actions involving common stock, pre-funded warrants, senior secured debentures, and stock purchase warrants.
The filing record also includes governance and shareholder matters such as annual meeting voting results, director elections, board and committee changes, and related Item 5.02 disclosures. Registration and offering-related disclosures describe shelf takedowns, prospectus supplements, security terms, placement-agent arrangements, security interests, default provisions, and contractual obligations associated with authID's financing activities.
authID Inc. is holding a fully virtual 2026 annual meeting on July 6, 2026 to elect six directors, ratify its auditor and approve a new equity plan. Stockholders of record on May 7, 2026 may vote online, by phone, mail or during the webcast.
The Board asks investors to approve the 2026 Equity Incentive Plan authorizing 3,500,000 shares, replacing the 2024 plan and supporting retention of key staff. As of May 7, 2026 there were 16,132,487 common shares outstanding, with officers, directors and 5% holders owning 2,817,387 shares, or 17.4%.
The proxy details Board and committee activity, director independence, and 2025 compensation for directors and named executives, including salary, bonuses, option awards and change-in-control protections. It also discloses related-party financings where directors purchased common stock, senior secured debentures and warrants, and a services relationship with a company led by director Ken Jisser. Cherry Bekaert LLP is proposed as independent auditor for 2026, with 2025 fees of $277.3 thousand.
authID Inc. Chief Technology Officer Thomas Robert Szoke received a grant of 133,000 stock options on Common Stock at an exercise price of $1.24 per share. The options vest monthly over 12 months, subject to continued service to authID Inc., providing time-based equity compensation.
Of the 133,000 options granted, 113,000 are not exercisable unless and until the company’s 2026 Equity Incentive Plan is approved by stockholders. After this filing, Szoke also holds 5,269 Common Stock shares directly and 12,500 shares indirectly through his wife, Ginta Ozola-Szoke, along with previously granted option awards.
authID Inc. Chief Financial Officer Edward C. Sellitto reported an equity award of stock options. He received 132,000 stock options with an exercise price of $1.24 per share, exercisable into common stock. The options have an exercise date of May 27, 2027 and expire on May 27, 2036.
Vesting is subject to performance conditions and to continued service with authID Inc., including monthly vesting over 12 months. Of the 132,000 options granted, 112,000 options are not exercisable unless stockholders approve the Company’s 2026 Equity Incentive Plan. The filing also lists prior option positions with higher exercise prices and expirations in 2033 and 2035, showing ongoing equity-based compensation for the CFO.
authID Inc. reported that Chief Executive Officer Rhoniel Daguro received a grant of 800,248 stock options on common shares at an exercise price of $1.2400 per share. These options become exercisable starting on May 27, 2027 and expire on May 27, 2036.
According to the footnotes, 650,248 of the granted options are not exercisable unless the company’s 2026 Equity Incentive Plan is approved by stockholders, and the grant is intended to bring the CEO’s aggregate equity interest to about 6% of outstanding stock after current financing rounds. Following the transactions, Daguro holds 24,833 common shares directly and multiple existing option awards with exercise prices ranging from $3.1760 to $5.4800 per share.
authID Inc. reported first quarter 2026 results, with revenue of $480,151, up from $296,256 in the prior-year quarter. Operating expenses were $4,960,791, leading to a net loss of $4,463,536, or $0.28 per share, compared with a $4,339,467 loss, or $0.40 per share, a year ago.
Adjusted EBITDA loss improved to $3,428,884 from $3,893,768 as the company reduced its cost base despite higher stock-based compensation. Cash declined to $1,191,282 as of March 31, 2026 from $4,608,073 at year-end, though authID closed $4.2 million in bridge financing after the quarter.
Remaining Performance Obligation was $2.0 million, with approximately 71% expected to be recognized as revenue over the twelve months ending March 31, 2027. Booked Annual Recurring Revenue signed in the quarter was $0.08 million, and Annual Recurring Revenue reached $1.9 million versus $1.2 million a year earlier.
authID Inc. reported changes to its Board of Directors. On May 5, 2026, director Shrikrishna Venkataraman resigned from the Board and all Board committees, effective immediately, citing personal reasons tied to new professional commitments. The company states his resignation did not involve any disagreement regarding operations, policies, or practices.
On May 11, 2026, the Board appointed existing independent director Kunal Mehta to the Audit Committee, effective immediately, filling the vacancy created by Mr. Venkataraman’s departure. Mr. Mehta continues to serve as a member of the Board.
authID Inc. director–affiliated entities increased their stake through a notable insider buy. On 4/29/2026, the Marla Garchik Irrevocable 2020 Trust, with Stephen J. Garchik as a beneficiary, acquired 120,482 shares of authID common stock at $1.245 per share and 1,000,000 stock purchase warrants exercisable at $1.50 per share with a five-year term, not exercisable until 10/29/2026.
After these transactions, indirect holdings reported for entities linked to Garchik include 268,109 common shares, alongside 1,073,563 shares held directly. He also holds stock options covering 12,500 and 38,024 underlying shares at a $3.90 exercise price expiring in 2035, which vest over monthly and annual schedules. Garchik disclaims beneficial ownership beyond his actual pecuniary interest.
authID Inc. entered into a private financing on April 29, 2026, issuing approximately $3,765,000 principal amount of senior secured debentures to accredited investors, along with stock purchase warrants and equity fee shares. The debentures mature in six months, bear no interest, and are secured by a first‑priority lien on substantially all company assets.
The warrants allow investors to buy common stock equal to 100% of each investor’s principal at a $1.50 exercise price, are exercisable after six months, run for five years, and include cashless exercise and beneficial ownership limits of 4.99%, 9.99%, or 19.99% for one director. Investors also received fee shares equal to 15% of principal divided by $1.00. Registration rights cover resale of warrant shares and fee shares, and a Nasdaq Rule 5635 limitation caps total issuable shares from this financing at 19.99% of pre‑transaction outstanding stock without stockholder approval.
authID Inc. director and 10% owner Stephen J. Garchik reported new indirect purchases tied to a family trust. On April 29, 2026, the Garchik Irrevocable 2019 Trust acquired 120,482 shares of Common Stock at $1.245 per share and 1,000,000 Stock Purchase Warrants with a $1.50 exercise price and five-year term, not exercisable until October 29, 2026291,316 shares, alongside other indirect positions through related entities and 1,073,563 directly held shares. Garchik also holds stock options with a $3.90 exercise price that vest over one- and three-year schedules.