authID Inc. (AUID)

The past six months have seen several events impacting authID, Inc.'s stock price, which has experienced a significant decline. In November 2025, authID closed a registered direct offering, raising approximately $3.675 million and reported its Third Quarter 2025 financial results with gross revenue of $0.6 million, but net revenue was negative $(0.1) million. In August 2025, authID reported its Second Quarter 2025 financial results, delivering the highest revenue in the company's history at $1.4 million. In May 2025, authID reported its First Quarter 2025 financial results, with total revenue of $0.3 million and announced securing nearly $9 million in capital through two financing rounds. In April 2025, authID closed an $8.15 million registered direct offering.

Based on the available information, authID, Inc. does not explicitly detail the seasonality of demand for its biometric products and services. The company's definition of Booked Annual Recurring Revenue (bARR) notes that it 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. The company focuses on securing large enterprise clients, which typically involve longer sales cycles.

authID, Inc. (AUID) is a technology company specializing in secure, biometric identity verification and authentication solutions for consumer and workforce applications globally, operating within the Technology sector, specifically in the Software - Infrastructure industry. Its core offering is the Identity Exchange (IDX) platform, which manages the entire identity lifecycle. Major products and services include Biometric Identity Verification (Proof), Biometric Identity Authentication (Verified), PrivacyKey Solution, Account/Access Recovery, Identity - Portal, SEARCH, and authID Mandate™ Framework.

authID, Inc. provides its secure biometric identity verification and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company has operational footprints in North America, South America, and Africa. Its headquarters are located in Denver, Colorado, United States.

In the past year, authID has received positive recognition, being named the "Best ID Management Platform" in the 2025 FinTech Breakthrough Awards for the third time. However, the company's financial performance, including widening net losses and a significant reduction in its 2025 Booked Annual Recurring Revenue (bARR) target, could indirectly impact its reputation among investors and potentially future clients. The stock price has also seen a substantial decline over the past year.

authID Inc.'s stock ownership is primarily held by the public, with institutional and insider holdings representing a significant portion. As of late 2025, no single entity holds a majority stake. Major institutional owners as of September 30, 2025, include Wealthspire Advisors LLC, The Vanguard Group, Inc., Scoggin Management LP, Leo Wealth LLC, Geode Capital Management LLC, Connective Capital Management LLC, State Street Corp., Corient Private Wealth LLC, and Simon Quick Advisors, LLC.