Technology -
Software - Infrastructure - NASDAQ - US
$ 6.12
20.2 %
$ 75.2 M
Market Cap
-4.37
P/E
1. INTRINSIC VALUE
Balance Sheet
authID Inc.
| Current Assets | 10.1 M |
| Cash & Short-Term Investments | 8.47 M |
| Receivables | 525 K |
| Other Current Assets | 1.08 M |
| Non-Current Assets | 4.4 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 4.4 M |
| Current Liabilities | 2.96 M |
| Accounts Payable | 317 K |
| Short-Term Debt | 241 K |
| Other Current Liabilities | 2.4 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
authID Inc.
| Revenue | 886 K |
| Cost Of Revenue | 0 |
| Gross Profit | 886 K |
| Operating Expenses | 15.6 M |
| Operating Income | -14.7 M |
| Other Expenses | -406 K |
| Net Income | -14.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
authID Inc.
| Net Income | -14.3 M |
| Depreciation & Amortization | 16.5 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 2.61 M |
| Change in Working Capital | 0 |
| Others | 26.4 K |
| Free Cash Flow | -11.6 M |
Wall Street Analysts Price Targets
authID Inc.
AUID has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
AUID does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
authID Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
45.9 K USD 1
6-9 MONTHS
187 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
110 K USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.43 M USD 3
9-12 MONTHS
7. News
authID Announces Closing of $8,150,000 Registered Direct Offering
DENVER, April 02, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced it has closed its previously announced transaction with investors to sell 1,811,120 shares of its common stock (the “Shares”) and/or Pre-Funded Warrants (the “Pre-Funded Warrants”) pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share or Pre-Funded Warrant was $4.50 (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering were $8,150,000 before deducting placement agent fees and other offering expenses.
globenewswire.com
- 2 weeks ago
authID Announces Pricing of Approximately $8,150,000 Million Registered Direct Offering
DENVER, March 31, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 1,811,111 shares of its common stock (the “Shares”) and/or Pre-Funded Warrants (the “Pre-Funded Warrants”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share or Pre-Funded Warrant will be $4.50, (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering are expected to be approximately $8,150,000 million before deducting placement agent fees and other offering expenses.
globenewswire.com
- 2 weeks ago
authID Named "Best ID Management Platform" Award in 2025 FinTech Breakthrough Awards
The biometric verification and authentication leader was honored for setting a new standard in identity management with its advanced biometric solutions DENVER, Colorado, March 19, 2025 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that it has once again been selected as the winner of the “Best ID Management Platform” award in the 2025 FinTech Breakthrough Awards. Presented by FinTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market, the 9th annual FinTech Breakthrough Awards recognize the most innovative companies in the financial technology industry, highlighting those that have demonstrated exceptional performance and growth.
globenewswire.com
- 4 weeks ago
authID Inc. (AUID) Q4 2024 Earnings Conference Call Transcript
authID Inc. (NASDAQ:AUID ) Q4 2024 Earnings Conference Call March 13, 2025 5:00 PM ET Company Participants Graham Arad - General Counsel Rhon Daguro - CEO Ed Sellitto - CFO Conference Call Participants Ricky Solomon - Wilmot Advisors Operator Good afternoon everyone and thank you for your participation in today's Conference Call to Discuss authID Fourth Quarter and Full Year 2024 Financial Results. I would now like to turn the call over to authID General Counsel, Graham Arad.
seekingalpha.com
- 1 month ago
authID Reports Financial and Operating Results for the Fourth Quarter and Fiscal Year Ended December 31, 2024
DENVER, March 13, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today reported financial and operating results for the fourth quarter and full year ended December 31, 2024.
globenewswire.com
- 1 month ago
authID Publishes New Whitepaper on Next-Generation Deepfake Detection Technology
Explore what deepfake creators are doing to evade detection, the impact of generative AI on deepfakes, the escalating threats in cybersecurity, and mitigation tactics to combat AI-driven fraud DENVER, March 06, 2025 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today released a comprehensive whitepaper detailing innovative approaches to combat the rising threat of deepfake fraud in digital authentication systems. The whitepaper, titled "Deepfake Countermeasures," provides crucial insights into deepfakes as the next generation in fraud attacks, as well as cutting-edge defensive strategies against presentation and injection attacks.
globenewswire.com
- 1 month ago
authID to Report Fourth Quarter and Full Year 2024 Financial Results on March 13, 2025
DENVER, Feb. 27, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today announced the Company will report financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025 after the market close. Following issuance of the earnings release, authID Chief Executive Officer, Rhon Daguro and Chief Financial Officer, Ed Sellitto will host a webcast at 5:00 p.m.
globenewswire.com
- 1 month ago
authID's Biometric Authentication and Groundbreaking Privacy Solutions Spotlighted in New Prism Project Report
Dedicated findings highlight authID's leadership in fast, frictionless, and accurate processes that do not compromise on compliance or privacy
globenewswire.com
- 1 month ago
authID's Biometric Identity Platform Selected by Salus to Secure Its Financial Services Solutions for the Underprivileged
Microlending platform Salus will leverage authID's technology to provide applicants with intuitive and data-secure authentication DENVER, Feb. 04, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced it has been chosen by Salus, an inclusive microlending platform servicing underprivileged communities, for onboarding and authentication of applicants while protecting user privacy and maintaining compliance with regulatory requirements. “Our goal in choosing authID was to provide the most advanced and seamless user experience for our customers, and the best outcome for our partners,” said James Chemplavil, CEO of Salus.
globenewswire.com
- 2 months ago
authID Joins the Accountable Digital Identity Association to Drive Reusable Identities Across the Internet
authID to champion global standards that will shape the future of digital credentials and biometric authentication DENVER, COLORADO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced it has become a member of the Accountable Digital Identity Association (ADIA), an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to ensure the authenticity of, and to establish trust in, reusable digital identities. ADIA promotes a uniform specification for creating and managing portable digital identities, allowing users to leverage a single set of credentials to access multiple online services.
globenewswire.com
- 3 months ago
authID Bolsters Security and Transparency for Philanthropy Efforts with Program Expansion at EinStrong Foundation
The Verified platform's continuous authentication technology will revolutionize NGO operations by creating unprecedented transparency and accountability to donors, ultimately accelerating social impact initiatives
globenewswire.com
- 3 months ago
authID Expands Workforce Verification Customer Base, Signs Agreement with TurboCheck to Combat Employment Identity Fraud
TurboCheck will rely on authID's biometric identity verification solutions to verify new candidates and employees across its SaaS platform in response to the growing threat of fraudulent job candidates
globenewswire.com
- 4 months ago
8. Profile
Summary
authID Inc. AUID
COUNTRY
US
INDUSTRY
Software - Infrastructure
MARKET CAP
$ 75.2 M
Dividend Yield
0.00%
Description
authID Inc. operates an Identity as a Service (IDaaS) platform that delivers a suite of secure, mobile, and biometric identity solutions worldwide. The company develops an IDaaS platform to enable users to verify and authenticate their identity through a mobile phone or desktop with camera. It provides VERIFIED, a multi-factor authentication solution designed to provide a secure and convenient application for identity verification and transaction consent; PROOF, which establishes the trusted identity of users based on chip based electronic machine-readable travel documents, national IDs, and drivers licenses, as well as direct verification by national registries and other international databases; AUTHENTIFID that delivers FIDO2 authentication for password less login and transaction authentication tied to a trusted identity; and IDENTITY PORTAL, which allows an enterprise to enroll customers using the Ipsidy portal. The company also offers SEARCH, a biometric matching software for desktop fingerprint capture and image processing; CARDPLUS, a secure plastic identity credentials and loyalty card products. In addition, it provides payment processing solutions, such as TRANXA, a multi-application payment gateway and switch that provides payment solutions for online retailers and physical merchant locations; and an unattended kiosk application and backend management system, which is integrated with a transit ticketing system. The company was formerly known as Ipsidy Inc. and changed its name to authID Inc. authID Inc. was founded in 2009 and is headquartered in Denver, Colorado.
Contact
1325 South Colorado Boulevard, Denver, CO, 80222
https://authid.ai
IPO
Date
June 14, 2021
Employees
46
Officers
Mr. Jeff Scheidel
Vice President of Operations
Mr. Rhoniel A. Daguro
Chief Executive Officer & Director
Mr. Edward C. Sellitto
Chief Financial Officer
Mr. Erick Soto
Chief Product Officer
Mr. Christopher White
Senior Vice President of Engineering
Mr. Graham N. Arad
General Counsel
Mr. Maxim Umarov
Senior Vice President of Solutions Engineering
Mr. Greg Manship
Senior Vice President of Sales
Mr. Thomas Robert Szoke
Chief Technology Officer, Founder & Director