Overview
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- TickerAUID on Nasdaq1
- IndustryServices-Prepackaged Software1
- HeadquartersDenver, Colorado1
- Incorporated inDE2
- Business address1580 N. Logan St., Ste 660, Unit 51767, Denver, Co 802032
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
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PrivacyKey solution provides biometric authentication without the requirement to store any biometric or derivative of biometric data.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development100¢$7.7M
Out of $2.0M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $2.9M | $886.5K |
| Discounts and concessions | -$884.2K | |
| Revenues, net | $2.0M | $886.5K |
| General and administrative | $12.4M | $9.1M |
| Research and development | $7.7M | $6.2M |
| Amortization | $88.4K | $179.1K |
| Total operating expenses | $20.2M | $15.6M |
| Loss from operations | -$18.2M | -$14.7M |
| Interest income | $236.1K | $455.2K |
| Interest expense, net | -$15.5K | -$48.9K |
| Other income, net | $220.6K | $406.3K |
| Loss from operations before income taxes | -$17.9M | -$14.3M |
| Loss from operations | -$17.9M | -$14.3M |
| Net loss | -$17.9M | -$14.3M |
| Net Loss Per Share - Basic (in Dollars per share) | -$1 | -$1 |
| Net Loss Per Share - Diluted (in Dollars per share) | -$1 | -$1 |
| Weighted Average Shares Outstanding - Basic (in Shares) | 13.0M shares | 10.2M shares |
| Weighted Average Shares Outstanding - Diluted (in Shares) | 13.0M shares | 10.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $4.6M | $8.5M | |
| Accounts receivable | $238.8K | $97.9K | |
| Contract assets | $9.4K | $426.9K | |
| Deferred contract costs | $199.4K | $617.9K | $157.3K |
| Other current assets | $595.7K | $460.2K | |
| Total current assets | $5.7M | $10.1M | |
| Intangible assets, net | $147.4K | $213.7K | |
| Goodwill | $4.2M | $4.2M | |
| Total assets | $10.0M | $14.5M | |
| Accounts payable and accrued expenses | $876.2K | $1.7M | |
| Commission liability | $4.9K | $459.7K | |
| Severance liability | $325.0K | ||
| Convertible debt, net | $240.9K | ||
| Deferred revenue | $477.1K | $215.2K | |
| Total current liabilities | $1.4M | $3.0M | |
| Total liabilities | $1.4M | $3.0M | |
| Common stock, $0.0001 par value, 150,000,000 and 250,000,000 shares authorized as of December 31, 2025 and 2024, respectively; 16,132,487 and 10,920,909 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $1.6K | $1.1K | |
| Additional paid in capital | $200.4M | $185.3M | |
| Accumulated deficit | -$191.7M | -$173.8M | |
| Accumulated comprehensive income | $10.1K | $10.1K | |
| Total stockholders equity | $8.6M | $11.5M | $13.2M |
| Total liabilities and stockholders equity | $10.0M | $14.5M | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 150.0M shares | 250.0M shares | |
| Common stock, shares issued (in Shares) | 16.1M shares | 10.9M shares | |
| Common stock, shares outstanding (in Shares) | 16.1M shares | 10.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $4.6M | $8.5M | |
| Accounts receivable | $238.8K | $97.9K | |
| Contract assets | $9.4K | $426.9K | |
| Deferred contract costs | $199.4K | $617.9K | $157.3K |
| Other current assets | $595.7K | $460.2K | |
| Total current assets | $5.7M | $10.1M | |
| Intangible assets, net | $147.4K | $213.7K | |
| Goodwill | $4.2M | $4.2M | |
| Total assets | $10.0M | $14.5M | |
| Accounts payable and accrued expenses | $876.2K | $1.7M | |
| Commission liability | $4.9K | $459.7K | |
| Severance liability | $325.0K | ||
| Convertible debt, net | $240.9K | ||
| Deferred revenue | $477.1K | $215.2K | |
| Total current liabilities | $1.4M | $3.0M | |
| Total liabilities | $1.4M | $3.0M | |
| Common stock, $0.0001 par value, 150,000,000 and 250,000,000 shares authorized as of December 31, 2025 and 2024, respectively; 16,132,487 and 10,920,909 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $1.6K | $1.1K | |
| Additional paid in capital | $200.4M | $185.3M | |
| Accumulated deficit | -$191.7M | -$173.8M | |
| Accumulated comprehensive income | $10.1K | $10.1K | |
| Total stockholders equity | $8.6M | $11.5M | $13.2M |
| Total liabilities and stockholders equity | $10.0M | $14.5M | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 150.0M shares | 250.0M shares | |
| Common stock, shares issued (in Shares) | 16.1M shares | 10.9M shares | |
| Common stock, shares outstanding (in Shares) | 16.1M shares | 10.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$17.9M | -$14.3M |
| Stock-based compensation | $3.4M | $2.6M |
| Amortization of debt discounts and issuance costs | $4.1K | $16.5K |
| Non-cash settlement expense | $206.0K | |
| Amortization expense | $88.4K | $179.1K |
| Provision for doubtful accounts | -$149.7K | $149.7K |
| Accounts receivable | $8.8K | -$156.3K |
| Contract assets | $417.5K | -$426.9K |
| Deferred contract cost | $418.5K | -$460.6K |
| Other current assets | -$135.5K | $15.8K |
| Accounts payable and accrued expenses | -$1.2M | $306.4K |
| Commission liability | -$454.7K | $335.5K |
| Deferred revenue | $261.8K | $83.6K |
| Net cash flows from operating activities | -$15.0M | -$11.6M |
| Purchase of intangible assets | -$22.1K | -$65.8K |
| Net cash flows from investing activities | -$22.1K | -$65.8K |
| Proceeds from sale of common stock | $13.9M | $11.0M |
| Offering costs from sale of common stock | -$2.5M | -$1.0M |
| Repayment of convertible note | -$245.0K | |
| Net cash flows from financing activities | $11.2M | $10.0M |
| Effect of Foreign Currencies | -$66 | -$2.5K |
| Net Change in Cash | -$3.9M | -$1.7M |
| Cash paid for interest | $10.4K | $32.5K |
| Warrants issued as offering costs | $1.6M | $877.4K |
| Cashless option and warrant exercises | $438.0K | $79.6K |
No quarter-by-quarter statement was filed.
Corporate structure
authID Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of authID Inc.
- Philip R. Broenniman Filed SC 13G on authID Inc., latest Jun 2, 2023
- Stephen Jeffrey Garchik Filed SC 13D on authID Inc., latest Apr 28, 2022 (2 filings since Feb 1, 2022)
- ETF MANAGERS GROUP, LLC Filed SC 13G/A on authID Inc., latest Mar 21, 2022 (3 filings since Dec 22, 2021)
- Douglas Wayne Solomon Filed SC 13G/A on authID Inc., latest Jan 25, 2022
- Eric Rand Filed SC 13G/A on authID Inc., latest Jan 25, 2022
- authID Inc. Denver, Colorado
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What authID Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $4.2M4 Dec 31, 2025 | $4.2M4 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $147.4K4 Dec 31, 2025 | $213.7K4 Dec 31, 2024 | −31.0% |
| Finite-lived intangibles, gross | $2.0M4 Dec 31, 2025 | $2.0M4 Dec 31, 2024 | +1.1% |
| Accumulated amortization | -$1.8M4 Dec 31, 2025 | -$1.8M4 Dec 31, 2024 | −5.0% |
| Finite-lived intangibles, net | $147.4K4 Dec 31, 2025 | $213.7K4 Dec 31, 2024 | −31.0% |
Properties, in its own words
The Company’s Headquarters is now located 1580 North Logan Street, Suite 660, Unit 51767, Denver, CO 80203. This is a virtual office address, we do not have any physical offices and all employees work remotely.
Item 2 of the 10-K filed Mar 31, 2026.3
Leadership
Who has led authID Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerRhoniel Daguro Apr 13, 2023 to now13
- Chief executive officerThomas L. Thimot Jun 22, 2021 to Mar 23, 202214
- Chief executive officerPhillip L. Kumnick May 27, 2020 to May 7, 202115
- Chief executive officerThomas Robert Szoke Jan 11, 2017 to Jan 11, 201716
- Chief executive officerPhilip D. Beck Feb 10, 2017 to Feb 18, 202017
- ChairPhilip D. Beck Feb 10, 2017 to Feb 18, 202017
- PresidentCecil N. Smith Iii. Jun 21, 2021 to Dec 21, 202218
- PresidentPhilip R. Broenniman May 27, 2020 to May 7, 202119
- PresidentPhilip D. Beck Feb 10, 2017 to Feb 10, 201717
- PresidentJames M. Cassidy Jul 31, 2012 to Jul 31, 201220
- Chief financial officerEdward C. Sellitto Aug 21, 2023 to now21
- Chief financial officerHang Thi Bich Pham Jun 27, 2022 to Dec 21, 202222
- Chief financial officerStuart Stoller Feb 10, 2017 to Mar 23, 202223
- Chief operating officerPhilip R. Broenniman May 27, 2020 to May 7, 202119
- Chief operating officerDouglas Wayne Solomon Dec 5, 2016 to Jan 17, 201724
Board members and other officers (29)
- Chief Product OfficerErick Soto Oct 3, 2024 to now25
- Ex. Dir., Govt Rel/Ent. SecDouglas Wayne Solomon Mar 23, 2017 to Apr 11, 201726
- Chief Technology OfficerThomas Robert Szoke Apr 11, 2017 to now27
- former director former presideJames M. Cassidy Mar 1, 2013 to Mar 1, 201328
- vice PresidentJames K. McKillop Jul 31, 2012 to Mar 1, 201329
- Board memberRam Chand Menghani Jul 22, 2025 to now30
- Board memberShrikrishna Venkataraman Sep 8, 2025 to now31
- Board memberStephen Jeffrey Garchik Sep 8, 2025 to now32
- Board memberKunal K. Mehta May 24, 2024 to now33
- Board memberMichael Charles Thompson Mar 21, 2023 to now34
- Board memberRhoniel Daguro Mar 21, 2023 to now35
- Board memberKen Jisser Mar 27, 2023 to now36
- Board memberJoseph Trelin Apr 29, 2022 to Nov 22, 202337
- Board memberJacqueline L. White Jun 21, 2021 to now38
- Board memberMichael L. Koehneman Jun 21, 2021 to now39
- Board memberSanjay Puri Jun 21, 2021 to Jun 21, 202140
- Board memberMichael A. Gorriz Jun 22, 2021 to Mar 21, 202341
- Board memberThomas L. Thimot Jun 22, 2021 to Mar 23, 202214
- Board memberNeepa Patel Nov 22, 2021 to Sep 22, 202242
- Board memberPhilip R. Broenniman Mar 10, 2020 to Sep 22, 202243
- Board memberPhilip D. Beck May 27, 2020 to Jun 16, 202044
- Board memberPhillip L. Kumnick Dec 16, 2019 to Sep 22, 202245
- Board memberHerbert M. Selzer Jan 10, 2017 to May 7, 202146
- Board memberThomas Robert Szoke Jan 11, 2017 to now16
- Board memberTheodore Stern Oct 3, 2017 to May 7, 202147
- Board memberDouglas Wayne Solomon Dec 5, 2016 to Apr 11, 201724
- Board memberRicky D. Solomon Dec 6, 2016 to Dec 19, 201848
- Board memberJames K. McKillop Jul 31, 2012 to Jul 31, 201229
- Board memberJames M. Cassidy Jul 31, 2012 to Jul 31, 201220
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorNicholas Shevelyov named May 20, 202649
Former names
Timeline
- Oct 9, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares50
- Sep 15, 20268-K Entered a material agreement; Unregistered sale of shares51
- Sep 2, 20268-K Executive or director change52
- Sep 1, 20268-K Listing notice or transfer53
- Aug 21, 20268-K Listing notice or transfer54
- Aug 14, 20268-K Results of operations55
- Aug 6, 20268-K Executive or director change56
- Jul 7, 20268-K Shareholder vote57
- May 14, 20268-K Results of operations58
- May 11, 20268-K Executive or director change59
- May 1, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares60
- Mar 31, 20268-K Results of operations61
- Apr 13, 2023New chief executive Rhoniel Daguro becomes CEO13
- Jun 22, 2021New chief executive Thomas L. Thimot becomes CEO14
- May 27, 2020New chief executive Phillip L. Kumnick becomes CEO15
- Feb 10, 2017New chief executive Philip D. Beck becomes CEO17
- Jan 11, 2017New chief executive Thomas Robert Szoke becomes CEO16
Calendar
Coming up
- Nov 11, 2026Reports results for the quarter ending Sep/202662
When it reported results
- Aug 14, 2026Reported quarterly or annual results55
- May 14, 2026Reported quarterly or annual results58
- Mar 31, 2026Reported quarterly or annual results61
- Nov 12, 2025Reported quarterly or annual results63
- Aug 14, 2025Reported quarterly or annual results64
- May 13, 2025Reported quarterly or annual results65
- Mar 13, 2025Reported quarterly or annual results66
- Feb 12, 2025Reported quarterly or annual results67
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
256 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 117 insider forms, 8 large holders, 4 private raises, 46 other. The latest 20:
- Oct 14, 20264 EDGAR
- Oct 9, 20268-K CURRENT REPORT EDGAR
- Sep 15, 20268-K CURRENT REPORT EDGAR
- Sep 2, 20268-K CURRENT REPORT EDGAR
- Sep 1, 20268-K CURRENT REPORT EDGAR
- Aug 21, 20268-K CURRENT REPORT EDGAR
- Aug 14, 20268-K CURRENT REPORT EDGAR
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Aug 6, 20268-K CURRENT REPORT EDGAR
- Jul 29, 2026424B3 PROSPECTUS EDGAR
- Jul 28, 2026EFFECT EDGAR
- Jul 23, 2026S-1/A AMENDMENT NO. 1 TO FORM S-1 EDGAR
- Jul 15, 2026S-1 REGISTRATION STATEMENT EDGAR
- Jul 7, 20268-K CURRENT REPORT EDGAR
- Jun 1, 2026DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 20, 2026D EDGAR
- May 14, 20268-K CURRENT REPORT EDGAR
The 256 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
55 open-market trades by officers, directors and large owners since October 2021: 32 buys and 23 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 29, 2026 | Garchik Stephen JeffreyDirector | Buy | 120,482 | $1.25 | $150.6K | Form 4 |
| Apr 29, 2026 | Garchik Stephen JeffreyDirector | Buy | 120,482 | $1.25 | $150.6K | Form 4 |
| Apr 29, 2026 | Jisser KenDirector | Buy | 30,120 | $1.25 | $37.6K | Form 4 |
| Dec 12, 2025 | Garchik Stephen JeffreyDirector | Sale | 50,000 | $1.06 | $53.0K | Form 4 |
| Nov 25, 2025 | Jisser KenDirector | Buy | 40,650 | $1.24 | $50.4K | Form 4 |
| Nov 21, 2025 | Garchik Stephen JeffreyDirector | Buy | 126,608 | $1.71 | $216.5K | Form 4 |
| Sep 15, 2025 | Szoke Thomas RobertChief Technology Officer | Sale | 8,944 | $2.93 | $26.2K | Form 4 |
| Sep 12, 2025 | Szoke Thomas RobertChief Technology Officer | Sale | 305 | $3.25 | $991 | Form 4 |
| Sep 10, 2025 | Szoke Thomas RobertChief Technology Officer | Sale | 1,000 | $3.60 | $3.6K | Form 4 |
| Dec 11, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1,000 | $6.34 | $6.3K | Form 4 |
| Dec 10, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1,000 | $6.30 | $6.3K | Form 4 |
| Dec 10, 2024 | Thompson Michael CharlesDirector | Buy | 5,000 | $6.49 | $32.5K | Form 4 |
| Dec 9, 2024 | Jisser KenDirector | Buy | 8,000 | $6.48 | $51.8K | Form 4 |
| Dec 9, 2024 | Daguro RhonielChief Executive Officer | Buy | 4,000 | $6.48 | $25.9K | Form 4 |
| Dec 6, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1,500 | $6.25 | $9.4K | Form 4 |
| Nov 26, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1,000 | $6.32 | $6.3K | Form 4 |
| Nov 25, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1 | $6.69 | $7 | Form 4 |
| Nov 21, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 100 | $6.75 | $675 | Form 4 |
| Nov 20, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1,000 | $6.55 | $6.5K | Form 4 |
| Nov 12, 2024 | Szoke Thomas RobertChief Technology Officer | Sale | 1,500 | $6.91 | $10.4K | Form 4 |
All 55 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Philip R. BroennimanSC 13G, 1 filing Jun 2, 202368
- Stephen Jeffrey GarchikSC 13D, 2 filings Feb 1, 2022 to Apr 28, 202269
- ETF MANAGERS GROUP, LLCSC 13G/A, 3 filings Dec 22, 2021 to Mar 21, 202270
- Douglas Wayne SolomonSC 13G/A, 1 filing Jan 25, 202271
- Eric RandSC 13G/A, 1 filing Jan 25, 202272
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Edward Sellitto | 41 | $275.0K | $532.7K73 |
| 2025 | Rhoniel Daguro | 51 | $400.0K | $531.2K73 |
| 2025 | Erick Soto | 38 | $325.0K | $361.0K73 |
| 2024 | CEO | $400.0K | $713.8K73 | |
| 2024 | Chief Product Officer | $88.8K | $679.5K73 | |
| 2024 | CFO | $275.0K | $45073 |
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $30.6M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2026 | $4.2M | $4.2M |
| 2023 | $9.0M | $9.0M |
| 2022 | $17.5M | $17.5M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
- Apr 29, 2026Raised $4.2 million in a private offering of securities49 Form D: named in the filing: Erick Soto, Jacqueline White, Nicholas Shevelyov, Kunal Mehta, Ken Jisser, Edward Sellitto Form D
- May 23, 2023Raised $9 million in a private offering of equity74 Form D: 30 investors so far Form D
- May 26, 2022Raised $4.1 million in a private offering of equity75 Form D: 18 investors so far Form D
- Mar 18, 2022Raised $13.4 million in a private offering of securities76 Form D: 43 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 29. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How authID Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARauthID Inc.1
- CIK0001534154
- Employer ID (EIN)46-20695473
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address1580 N. Logan St., Ste 660, Unit 51767, Denver, CO 802031
- Phone516-274-87001
- Shares outstanding16,720,339 as of Aug 12, 202611
- Public float$63.5M as of Jun 30, 20253
- AuditorCherry Bekaert LLP, Tampa, Florida PCAOB ID 677; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceNov 9, 20111
- Filings577 in all: 4 (152), 8-K (130), 10-Q (44), 3 (37), SC 13G/A (19), UPLOAD (18), D (17), 10-K (15)1
All 43 form types
CORRESP (13), S-1/A (11), SC 13G (11), DEF 14A (9), EFFECT (9), 8-K/A (7), SC 13D (7), 10-Q/A (6), 424B5 (6), PRE 14A (5), S-1 (5), 144 (4), 424B4 (4), NT 10-Q (4), SC 13D/A (4), 3/A (3), 424B3 (3), 5 (3), NT 10-K (3), POS AM (3), S-3 (3), S-8 (3), 10-K/A (2), 4/A (2), CT ORDER (2), D/A (2), PRER14A (2), S-3/A (2), 10-12G (1), 10-12G/A (1), 8-A12B (1), CERT (1), DEF 14C (1), PRE 14C (1), RW (1)
- Latest filingsAnnual report (10-K) Mar 31, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Jun 1, 2026
Latest 8-K (8-K) Oct 9, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock par value $0.0001 per share | AUID | The Nasdaq Stock Market, LLC |
From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks authID Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 30 risks under these headings, as written.3
- We have a history of losses and we may not be able to achieve profitability going forward.
- We have yet to achieve positive cash flow and, given our projected funding needs, our ability to generate positive cash flow is uncertain.
- Our limited operating history makes it difficult for us to evaluate our future business prospects and make decisions based on those estimates of our future performance.
- There can be no assurance that we will successfully commercialize our products that are currently in development or were recently launched, or that our existing products will sustain market acceptance.
- If our technology and solutions are not adopted and used by customer organizations, we will not be able to grow our business and our operations will be negatively affected.
- We depend upon key personnel and need additional personnel.
- Government regulation, specifically that relating to data privacy protection could negatively impact the business.
- The market for our products is characterized by changing technology, requirements, standards and products, is impacted by the growing use of AI technologies and we may be adversely affected if we do not respond promptly and effectively to these changes.
- Issues relating to the development and use of AI, including generative AI, in our offerings may result in reputational harm, liability and adverse financial results.
- We have in the past entered into and may seek in the future to enter into contracts with governments, as well as state and local governmental agencies and municipalities, which subjects us to certain risks associated with such types of contracts.
- We may have to seek business through a competitive bidding process.
- We rely in part on third-party software to develop and provide our solutions.
The other 18 risks
- We depend upon a small number of large sales with contractual commitments ranging from $500,000 to $2,000,000, which take longer to close and may result in a concentration of business and unpredictable quarterly revenue.
- Our efforts to expand our international operations are subject to a number of risks, any of which could adversely reduce our future international sales and increase our losses.
- We are exposed to risks in operating in foreign markets, which may make operating in those markets difficult and thereby force us to curtail our business operations.
- Cyber-attacks, breaches of network or information technology security, presentation attacks, natural disasters, pandemics, or terrorist attacks could have an adverse effect on our business.
- Acquisitions present many risks that could have a material adverse effect on our business and results of operations.
- The wars in Ukraine and the Middle East may impact the business of the Company, the markets in which it operates and the financial markets, in which the Company needs to raise capital.
- Interruptions, delays in service or defects in our systems could impair the delivery of our services and harm our business.
- Third parties could obtain access to our proprietary information or could independently develop similar technologies.
- Third parties may assert that we are infringing their intellectual property rights; IP litigation could require us to incur substantial costs even when our efforts are successful.
- Our officers, directors and holders of 5% of outstanding shares together beneficially own a significant portion of our Common Stock and, as a result, can exercise control over stockholder and corporate actions.
- We face competition. Some of our competitors have greater financial or other resources, longer operating histories and greater name recognition than we do and one or more of these competitors could use their greater resources and/or name recognition to gain market share at our expense or could make it very difficult for us to establish market share.
- Our amended and restated bylaws designate certain courts as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees.
- There can be no assurance that we will be able to comply with the continued listing standards of the Nasdaq Capital Market. Our failure to meet the continued listing requirements of the Nasdaq Capital Market could result in a de-listing of our Common Stock.
- Sales of a substantial number of shares of our Common Stock in the public market by our existing stockholders could cause our share price to fall.
- We may be subject to securities litigation, which is expensive and could divert management attention.
- If securities or industry analysts do not publish or cease publishing research or reports about us, our business or our market, or if they adversely change their recommendations or publish negative reports regarding our business or our Common Stock, our stock price and trading volume could decline.
- The market price of our common stock has been volatile and your investment in our stock could suffer a decline in value.
- We do not anticipate paying any cash dividends in the foreseeable future.
Legal proceedings
From time to time the Company is a party to various legal or administrative proceedings arising in the ordinary course of our business. While any litigation contains an element of uncertainty, we have no reason to believe that the outcome of such proceedings will have a material adverse effect on the financial condition or results of operations of the Company.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARauthID Inc. filings on SEC EDGAR
- 2SEC EDGARauthID Inc. filings on SEC EDGAR
- 3
- 4SEC EDGARauthID Inc. 10-K for fiscal 2025
- 5SEC EDGARauthID Inc. 10-K for fiscal 2019
- 6SEC EDGARauthID Inc. 10-K for fiscal 2020
- 7SEC EDGARauthID Inc. 10-K for fiscal 2021
- 8SEC EDGARauthID Inc. 10-K for fiscal 2022
- 9SEC EDGARauthID Inc. 10-K for fiscal 2023
- 10SEC EDGARauthID Inc. 10-Q for fiscal 2026
- 11SEC EDGARauthID Inc. 10-Q for fiscal 2026
- 12SEC EDGARauthID Inc. 10-K for fiscal 2019
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- 14
- 15
- 16
- 17
- 18SEC EDGARCecil N. Smith Iii., President
- 19SEC EDGARPhilip R. Broenniman, President
- 20SEC EDGARJames M. Cassidy, President
- 21
- 22
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- 25SEC EDGARErick Soto, Chief Product Officer
- 26
- 27
- 28
- 29SEC EDGARJames K. McKillop, vice President
- 30SEC EDGARRam Chand Menghani, Board member
- 31
- 32
- 33SEC EDGARKunal K. Mehta, Board member
- 34
- 35SEC EDGARRhoniel Daguro, Board member
- 36SEC EDGARKen Jisser, Board member
- 37SEC EDGARJoseph Trelin, Board member
- 38SEC EDGARJacqueline L. White, Board member
- 39SEC EDGARMichael L. Koehneman, Board member
- 40SEC EDGARSanjay Puri, Board member
- 41SEC EDGARMichael A. Gorriz, Board member
- 42SEC EDGARNeepa Patel, Board member
- 43SEC EDGARPhilip R. Broenniman, Board member
- 44SEC EDGARPhilip D. Beck, Board member
- 45SEC EDGARPhillip L. Kumnick, Board member
- 46SEC EDGARHerbert M. Selzer, Board member
- 47SEC EDGARTheodore Stern, Board member
- 48SEC EDGARRicky D. Solomon, Board member
- 49
- 50
- 51
- 52SEC EDGARExecutive or director change
- 53SEC EDGARListing notice or transfer
- 54SEC EDGARListing notice or transfer
- 55SEC EDGARResults of operations
- 56SEC EDGARExecutive or director change
- 57SEC EDGARShareholder vote
- 58SEC EDGARResults of operations
- 59SEC EDGARExecutive or director change
- 60
- 61SEC EDGARResults of operations
- 62NasdaqNasdaq calendar
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72SEC EDGAREric Rand SC 13G/A on authID Inc.
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