authID Inc.
- Open
- 1.06
- Day high
- 1.12
- Day low
- 1.03
- Prev close
- 1.07
- Volume
- 40K
- Mkt cap
- $17M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 3.3
- P/S
- 7.7
- Yield
- —
- Per share
- —
- ▲Insiders net buying $2.2M over the last 3 months (5 open-market buys, 0 sales)
- ◆Cluster buying — multiple insiders bought within days
- 🏛Institutions accumulating (13F)
authID Inc. (AUID) is a Technology company listed on NASDAQ. The stock is down 80% over the past year. Over the trailing 3 months, insiders filed 5 open-market buys and 0 sales (SEC Form 4).
authID Inc. (AUID) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
AUID earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 14, 2026 | — | $-0.28 | — | $480151 | — |
| Mar 31, 2026 | — | $-0.28 | — | $405951 | — |
| Nov 12, 2025 | — | $-0.38 | — | $-106146 | — |
| Aug 14, 2025 | — | $-0.33 | — | $1M | — |
| Mar 13, 2025 | — | $-0.49 | — | $199749 | — |
| Nov 7, 2024 | — | $-0.31 | — | $248920 | — |
| Aug 8, 2024 | — | $-0.34 | — | $280438 | — |
| May 15, 2024 | — | $-0.32 | — | $157378 | — |
| Mar 20, 2024 | — | $-0.34 | — | $71902 | — |
| Aug 10, 2023 | — | $-2.15 | — | $37142 | — |
| May 11, 2023 | — | $-1.68 | — | $37856 | — |
| Nov 10, 2022 | — | $-2.00 | — | $30023 | — |
AUID insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 29, 2026 | Daguro Rhonieldirector, officer: Chief Executive Officer | Grant | 800,248 | $1.24 |
| May 29, 2026 | Sellitto Edward Cofficer: Chief Financial Officer | Grant | 132,000 | $1.24 |
| May 29, 2026 | Szoke Thomas Robertofficer: Chief Technology Officer | Grant | 133,000 | $1.24 |
| May 7, 2026 | Garchik Stephen Jeffreydirector, 10 percent owner: | Buy | 120,482 | $1.25 |
| May 1, 2026 | Jisser Kendirector | Buy | 30,120 | $1.25 |
| May 1, 2026 | Garchik Stephen Jeffreydirector, 10 percent owner: | Buy | 120,482 | $1.25 |
| May 1, 2026 | Jisser Kendirector | Buy | 250,000 | $1.50 |
| May 1, 2026 | Garchik Stephen Jeffreydirector, 10 percent owner: | Buy | 1,000,000 | $1.50 |
| Dec 16, 2025 | Garchik Stephen Jeffreydirector, 10 percent owner: | Sell | 50,000 | $1.06 |
| Nov 26, 2025 | Jisser Kendirector | Buy | 40,650 | $1.24 |
| Nov 24, 2025 | Garchik Stephen Jeffreydirector, 10 percent owner: | Buy | 126,608 | $1.71 |
| Sep 16, 2025 | Szoke Thomas Robertofficer: Chief Technology Officer | Sell | 8,944 | $2.93 |
| Sep 12, 2025 | Szoke Thomas Robertofficer: Chief Technology Officer | Sell | 305 | $3.25 |
| Sep 12, 2025 | Szoke Thomas Robertofficer: Chief Technology Officer | Sell | 1,000 | $3.60 |
| Sep 8, 2025 | Menghani Ram Chanddirector | Grant | 12,500 | $3.90 |
Source: AUID SEC Form 4 filings, latest May 29, 2026. For informational purposes only — not investment advice.
See the full AUID insider & 13F page →authID Inc. company profile
Overview
authID Inc. (NASDAQ:AUID) is a Denver-based technology company founded in 2009 that operates an Identity as a Service (IDaaS) platform. Originally known as Ipsidy Inc., the company rebranded to authID Inc. and went public in June 2021. The company specializes in biometric identity verification and authentication solutions, targeting enterprises seeking to combat AI-generated fraud and enhance security through advanced biometric technology. authID has undergone significant strategic transformation in recent years, appointing new leadership and pivoting toward enterprise customers while developing proprietary privacy-preserving biometric technologies.
Business
authID operates in the identity verification and authentication industry, providing Identity as a Service (IDaaS) solutions that help organizations verify and authenticate user identities through biometric technology. The identity verification market has become increasingly critical as businesses face rising threats from AI-generated fraud, deepfakes, and sophisticated cyber attacks. The company's core platform consists of several integrated products. VERIFIED serves as the flagship multi-factor authentication solution that enables users to verify their identity through mobile phones or desktop cameras using biometric data like fingerprints, facial recognition, and voice patterns. PROOF establishes trusted user identities by verifying chip-based electronic travel documents, national IDs, and driver's licenses against national registries and international databases. AUTHENTIFID delivers FIDO2 authentication for passwordless login and transaction authentication tied to verified identities. The IDENTITY PORTAL allows enterprises to enroll customers directly through authID's platform. Additional products include SEARCH, a biometric matching software for desktop fingerprint capture, and CARDPLUS for secure plastic identity credentials. The company also offers payment processing solutions through TRANXA, a multi-application payment gateway, though this represents a smaller portion of the business. authID's key technological differentiator is its PrivacyKey technology, which enables biometric authentication without storing actual biometric data, addressing privacy and compliance concerns. The platform achieves industry-leading performance with 700-millisecond processing times and a false match rate of 1 in 1 billion. The company primarily focuses on the biometric authentication segment, which represents the vast majority of its revenue and growth strategy.
Revenue model
authID generates revenue primarily through Software as a Service (SaaS) subscriptions for its biometric authentication platform. The company operates on an Annual Recurring Revenue (ARR) model, where enterprise customers pay subscription fees based on usage volumes and feature sets. Revenue is recognized over the contract period as customers utilize the authentication services. The company's customers are primarily enterprise organizations across financial services, retail, healthcare, telecommunications, and technology sectors. These organizations integrate authID's biometric authentication into their customer onboarding processes, account recovery systems, and transaction verification workflows. The company has secured contracts with Fortune 500 companies and is targeting large multinational enterprises that require high-security authentication solutions. Key factors that could increase margins include achieving economies of scale as customer volumes grow, since the marginal cost of processing additional authentications is relatively low once the platform infrastructure is established. The company's PrivacyKey technology and FIDO2 compliance provide competitive differentiation that could support premium pricing. Strategic partnerships with system integrators and channel partners could also reduce customer acquisition costs. Factors that could pressure margins include the need for continued heavy investment in research and development to stay ahead of evolving fraud techniques, particularly AI-generated deepfakes. Competition from larger technology companies with greater resources could force pricing pressure. The company also faces significant customer acquisition costs when targeting large enterprise accounts, which typically involve lengthy sales cycles and extensive customization requirements. Additionally, compliance and security certifications required for enterprise customers represent ongoing operational expenses.
Competitive moat
authID's competitive moat appears moderate but developing, centered around its proprietary PrivacyKey technology and specialized biometric authentication capabilities. The company's key differentiator is its ability to perform biometric authentication without storing biometric data, addressing critical privacy and compliance concerns that many enterprises face. This technical capability, combined with industry-leading processing speeds of 700 milliseconds and exceptional accuracy rates, creates some defensive positioning. The company benefits from switching costs once enterprises integrate its authentication systems into their core workflows, as changing identity verification providers requires significant technical integration work and user retraining. authID's FIDO2 compliance and participation in the Accountable Digital Identity Association (ADIA) standard provides some network effects and interoperability advantages. However, the moat faces significant challenges. The identity verification market includes well-funded competitors like Okta, Auth0, and other established cybersecurity companies with greater resources for research and development. Large technology companies like Microsoft, Google, and Amazon offer competing authentication solutions as part of broader cloud platforms, potentially commoditizing basic biometric authentication services. The company's small scale relative to competitors limits its ability to invest in cutting-edge research or compete aggressively on pricing. Additionally, the rapid evolution of AI and fraud techniques means that today's technological advantages could become obsolete quickly. The company's success depends heavily on continuous innovation and maintaining technological leadership in a fast-moving field, which represents both an opportunity and a significant risk to its competitive position.
Risks & safety
authID presents significant financial risk with limited margin of safety based on current fundamentals. • Cash burn and solvency: The company burns approximately $5.4 million annually in operating cash flow with only $2.9 million in cash, providing roughly 6 months of runway at current burn rates. This creates immediate financing pressure. • Debt levels: Minimal debt with debt-to-equity ratio near zero, which is positive but doesn't offset the cash flow challenges. • Valuation metrics: Trading at negative price-to-earnings ratios due to losses, though price-to-book ratio of 6.9x suggests significant premium to tangible assets. Enterprise value to EBITDA is negative due to losses. • Revenue scale: Quarterly revenue of only $296,000 against $4.3 million quarterly losses demonstrates massive operational leverage requirements for profitability. • Growth trajectory: While ARR has grown from $0.6 million to $1.2 million year-over-year and booked ARR reached $9 million in 2024, the company needs to execute on its $18 million booking target for 2025 to demonstrate viability. • Market position: Early-stage company competing against well-funded incumbents with uncertain competitive positioning long-term.
Recent development
authID has undergone significant strategic transformation over the past few years, marked by leadership changes and technology pivots. In 2023, the company appointed CEO Rhon Daguro and implemented a new go-to-market strategy focused on enterprise customers rather than smaller businesses. This shift involved building a high-performance sales organization and establishing sales discipline around targeting Fortune 500 and multinational enterprise accounts. The company's most significant technological advancement has been the development of PrivacyKey technology, which enables biometric authentication without storing biometric data on servers. This breakthrough addresses major privacy and compliance concerns that previously hindered enterprise adoption of biometric solutions. The technology was integrated into version 4.0 of the platform and has become a key differentiator in enterprise sales conversations. Strategic partnerships have become increasingly important to authID's growth strategy. The company secured a major $10 million contract with an AI partner in India, signed partnerships with Equifax and Zendesk, and joined the Accountable Digital Identity Association (ADIA) to develop cross-industry identity standards. Most recently, authID is finalizing a partnership with a global Fortune 100 biometric hardware provider and developing the first cross-country identity exchange between the US and Japan. The company has also expanded its leadership team with key hires including Chief Product Officer Erick Soto, VP of Partnerships Donna Shawhan, and VP of Sales Erick Akre. These appointments reflect the company's focus on scaling operations and expanding market reach. Additionally, authID completed two capital raises securing nearly $9 million and established an Advisory Board with industry experts to guide strategic direction.
AUID company profile · for informational purposes only — not investment advice.
Track AUID with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free