DENVER, May 06, 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 373,060 shares of its common stock (the “Shares”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share will be $5.60. The aggregate gross proceeds from the Offering are expected ...

DENVER, April 30, 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 first quarter ended March 31, 2025 on Thursday, May 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. ET to discuss the financial results an ...

"We are thrilled to welcome TechDemocracy as a strategic partner," said Rhon Daguro, CEO of authID. "Their deep IAM expertise and unique focus on usability, security, and cost optimization will empower more organizations to fully unlock the value of authID's passwordless identity—enabling faster, smarter transitions to frictionless, yet highly secure authentication experiences." As part of their collaboration, authID and TechDemocracy will co-author a series of white papers, co-host webinars, and lead roads ...

This membership underscores commitment to enhancing data protection and user privacy through industry collaboration DENVER, COLORADO, April 17, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced its membership in the Secure Technology Alliance (STA), a prominent industry association dedicated to promoting the understanding, adoption, and widespread application of secure solutions, including smart cards, embedde ...

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 w ...

Dominari Securities LLC and Madison Global Partners, LLC, acted as Co-Placement Agents for the offering. Upon closing of this Registered Direct Offering, an Advisory Board will be created, comprising of the following advisors, each having extensive experience in different industry and government sectors where authID's biometric identity solutions can address critical needs. DENVER, March 31, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) ("authID" or the "Company"), a leading provider of biometric iden ...

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 mark ...

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 mar ...

authID (AUID) Q4 2024 Earnings Call March 14, 2025 12:18 AM ET Company Participants Graham Arad - General CounselRhon Daguro - CEO & DirectorDale Daguro - VP - SolutionsEd Sellitto - Chief Financial OfficerRicky Solomon - FounderNone - Executive Operator Good afternoon, everyone, and thank you for your participation in today's conference call to discuss AuthID Fourth Quarter and Full Year twenty twenty four financial results. I would now like to turn the call over to OAuth ID General Counsel, Graham Murad. ...

Financial Results and Estimates - authID Inc. reported preliminary estimated unaudited results for the twelve months ended December 31, 2024, with significant variations expected from these estimates due to customary year-end closing and audit procedures[8] - The Company emphasizes that its final results may differ materially from preliminary estimates, which should not be viewed as a substitute for complete financial statements prepared in accordance with GAAP[8] - authID Inc. has not independently reviewed the preliminary estimates, and no warranty is made regarding the completeness or accuracy of the information presented[9] - The report does not include specific numerical results or performance metrics, focusing instead on qualitative assessments and forward-looking statements[11] Forward-Looking Statements - Forward-looking statements include expectations regarding future operations, growth, and revenue guidance for 2024, with a focus on booked Annual Recurring Revenue (bARR) and its components[11] - The Company disclaims any obligation to update or revise forward-looking statements, emphasizing the uncertainty of future performance[11] - The Company cautions investors about the risks that could affect actual results, including competition, customer retention, and economic conditions[11] Non-GAAP Financial Measures - The Company provides non-GAAP financial measures such as Adjusted EBITDA, which is used to assess operating performance and is adjusted for various expenses including interest, taxes, and stock-based compensation[12] - The presentation includes a reconciliation of Adjusted EBITDA to GAAP net loss, highlighting its importance in evaluating the Company's performance[12] Investor Relations - The Company plans to use the presentation for discussions with investors and analysts, indicating a proactive approach to investor relations[4]