10-Q · May 14, 2026
authID Inc. reported revenues for Q1 2026 of approximately $480,000, a significant increase from $296,000 in Q1 2025, however, it still reflects ongoing substantial losses as shown by an EPS of -0.28. The company…
Earnings analysis · 10-Q
AUID earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt does not contain the income statement, balance sheet, cash-flow statement, segment results, or MD&A needed to assess quarterly revenue, margins, EPS, working capital, or free cash flow trends.…
Read full summary
The provided 10-Q excerpt does not contain the income statement, balance sheet, cash-flow statement, segment results, or MD&A needed to assess quarterly revenue, margins, EPS, working capital, or free cash flow trends. The filing highlights approximately $3.5 million of net financing proceeds but also shows $4.165 million of senior secured debt maturing in October 2026. A BIPA class action remains an important contingent risk, while management reported effective disclosure controls and no material risk-factor changes from the December 31, 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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$4.165M Financing Secures Working Capital
The company raised $4.165 million of senior secured debentures on April 29, 2026, with approximately $3.5 million of net proceeds designated for working capital and general corporate purposes.
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Controls Reported Effective
Disclosure controls and procedures were concluded to be effective as of June 30, 2026, and the company reported no changes during the six months ended June 30, 2026 that materially affected internal controls.
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Equity Incentive Plan Approved
The company granted 1,284,748 options under the 2026 Plan at an exercise price of $1.24 per share; stockholder approval was obtained on July 6, 2026.
What to watch
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Near-Term Secured Debt Maturity
The $4.165 million senior secured debentures mature in October 2026, only six months after issuance, and are secured by a first-priority interest in substantially all company assets. This creates near-term refinancing or repayment risk.
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Biometric Privacy Litigation Exposure
A putative BIPA class action alleges biometric-data violations. The statute provides damages of $1,000 per negligent violation or $5,000 per intentional or reckless violation, and the plaintiff seeks class certification and damages; the company cannot fully assess the outcome.
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Potential Equity Dilution
The financing included warrants equal to 1 share per $1.00 of principal invested, fee shares equal to 15% of principal, and approximately 7% placement-agent warrant coverage. These terms create potential dilution in addition to the 1,284,748 options granted during the period.
Management's outlook
The provided filing text does not include a quantitative MD&A outlook or explicit revenue/EPS guidance. Numeric guidance fields are therefore null.
Earlier filings 4
10-K · March 31, 2026
authID’s 10-K emphasizes a differentiated biometric platform (Proof, Verified, PrivacyKey, IDX and an Agentic AI governance framework) targeting a large biometric market (estimated at >$50 billion by 2025 and >$150…
10-Q · May 13, 2025
authID reported Q1 2025 revenue of $296,256 (up from $157,378 in Q1 2024) and a net loss of $4,339,467, or $(0.40) per share. The company generated negative operating cash flow of $(5,358,306) during the quarter, ended…
10-Q · November 7, 2024
authID reported Q3 revenue of $248,920, up materially vs Q3 2023 ($43,389) but down vs the prior quarter ($280,438). The company remains unprofitable with operating loss of $3.51M (operating margin -1,411.5%) and EPS of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.