authID Inc.
Description
authID Inc. provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop. It provides Biometric Identity Verification, which establishes the trusted identity of users based on a variety of ground truth sources, including chip-based electronic machine-readable travel documents, national IDs, and driver's licenses; Human Factor Authentication that delivers trusted FIDO2 strong authentication for device-based passwordless login and transaction authentication that is tied to a trusted identity; Cloud-Based Biometric Multi-Factor Authentication, which provides any bank, enterprise, or government department a secure and convenient application for identity verification and transaction consent as part of any type of electronic transaction; and Identity - Portal that enables enterprises to get started with its identity products without any integration. The company also offers SEARCH, a biometric matching software for desktop fingerprint capture and image processing. 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.
About
CEO
Mr. Rhoniel A. Daguro
Employees
22
Instrument type
Common Stock
Sector
Technology
Industry
Software - Infrastructure
MIC code
XNCM
Address
1325 South Colorado Boulevard, Denver, CO 80222, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 6, 2025 | — | — | — | — |
| Aug 6, 2025 | — | — | — | — |
| May 13, 2025 | — | — | — | — |
| Mar 18, 2025 | — | — | — | — |
| May 11, 2023 | — | -0.09 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
—
Next qtr.
—
Current year
—
Next year
—
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 190,289 | 527,415 | 613,516 | 2.14M | 2.55M |
| Cost of revenue | — | — | 660,793 | 661,627 | 669,523 |
| Gross profit | — | — | 1.63M | 1.48M | 1.88M |
| Operating expense | |||||
| Research & development | 2.80M | 6.27M | 2.88M | 1.16M | 1.61M |
| Selling general and admin | 7.88M | 14.68M | 12.83M | 6.74M | 7.89M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -10.75M | -21.17M | -16.25M | -7.68M | -8.41M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 1.11M | 1.36M | 586,850 | 969,396 | 375,598 |
| Other income expense | -7.76M | -1.14M | 141,098 | -2.62M | -1.65M |
| Pretax income | -19.62M | -23.67M | -16.70M | -11.26M | -10.44M |
| Tax provision | 2,864 | 7,670 | 10,746 | 36,323 | 62,931 |
| Net income | -19.40M | -24.23M | -17.67M | -11.30M | -10.50M |
| Basic EPS | -3.15 | -7.90 | -6.64 | -5.04 | -4.80 |
| Diluted EPS | -3.15 | -7.90 | -6.64 | -5.04 | -4.80 |
| Basic average shares | 6.15M | 3.07M | 2.67M | 2.26M | 2.08M |
| Diluted average shares | 6.15M | 3.07M | 2.67M | 2.26M | 2.08M |
| EBITDA | -17.87M | -20.46M | -15.10M | -6.72M | -7.60M |
| Net income from continuing op. | -19.40M | -24.23M | -17.67M | -11.30M | -10.50M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 15.41M | 9.37M | 13.83M | 13.87M | 13.54M |
| Current assets | |||||
| Cash | 10.18M | 3.24M | 5.77M | 3.77M | 567,081 |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 10.18M | 3.24M | 5.77M | 3.77M | 567,081 |
| Other short term investments | — | — | — | 72,682 | 65,333 |
| Accounts receivable | 91,277 | 261,809 | 26,846 | 72,986 | 125,859 |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | 153,149 | 254,951 | 173,575 |
| Prepaid assets | 476,004 | 379,620 | 499,403 | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | 118,459 | 629,752 | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | 349,722 | 3,318 | 237,769 | 753,505 |
| Non current assets | |||||
| Properties | — | — | 551,282 | 759,085 | 892,640 |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | 139,599 | 142,443 | 163,407 | 156,867 |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | — | -139,599 | -117,044 | -363,417 | -277,363 |
| Goodwill | 8.69M | 8.93M | 10.75M | 12.89M | 16.16M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 327,001 | 566,259 | 2.38M | 4.53M | 5.72M |
| Investments and advances | — | — | — | 422,021 | 494,703 |
| Other non current assets | — | 277,978 | 315,332 | 240,223 | 83,920 |
| Total liabilities | 2.21M | 9.09M | 2.93M | 9.29M | 5.26M |
| Current liabilities | |||||
| Accounts payable | 339,832 | 623,130 | 548,087 | 311,024 | 513,292 |
| Accrued expenses | 1.07M | 530,942 | 1.23M | 2.24M | 1.46M |
| Short term debt | — | — | 662,000 | 162,593 | 282,807 |
| Deferred revenue | 255,778 | 81,318 | 199,007 | 237,690 | 425,276 |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | 13,759 | 295,332 | — | — |
| Non current liabilities | |||||
| Long term debt | 224,424 | 7.84M | — | 6.30M | 2.45M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | 47,809 | 131,568 |
| Shareholders equity | |||||
| Common stock | 945 | 318 | 2,329 | 1,964 | 51,812 |
| Retained earnings | -159.53M | -140.13M | -115.90M | -98.23M | -86.94M |
| Other shareholders equity | 12,624 | 155,929 | 211,486 | 160,642 | 177,385 |
| Total shareholders equity | 13.20M | 283,536 | 10.90M | 4.58M | 8.28M |
| Additional paid in capital | 172.71M | 140.26M | 126.58M | 102.65M | 94.98M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | -19.40M | -24.23M | -17.67M | -11.30M | -10.50M | -10.03M | -17.48M | -9.85M | -36.68M | -904,687 | -976,238 | 192,313 | -1,343 |
| Depreciation | 255,858 | 749,900 | 1.16M | 1.25M | 790,367 | 493,697 | 475,211 | 421,494 | 147,052 | 148,841 | 44,530 | 42,014 | — |
| Deferred Taxes | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | 487,398 | 8.87M | 6.70M | 823,564 | 1.25M | 2.43M | 5.65M | 8.65M | 6.32M | — | — | — | — |
| Other Non-Cash Items | 882,778 | 1.48M | 237,435 | 451,749 | 150,835 | 820,947 | 1.08M | 3.48M | 1.54M | — | — | — | — |
| Accounts Receivable | 170,532 | -234,962 | -92,905 | 45,319 | -5,770 | 20,762 | -36,963 | 674,952 | -448,355 | — | 117,924 | -117,924 | — |
| Accounts Payable | — | — | — | — | — | — | — | — | 229,677 | 165,393 | -39,538 | 50,239 | — |
| Other Assets & Liabilities | 430,228 | 50,188 | -247,327 | 27,764 | 178,252 | -100,594 | -993,302 | 200,891 | -496,040 | 112,000 | -224,000 | — | — |
| Operating Cash Flow | -17.17M | -13.31M | -9.91M | -8.70M | -8.14M | -6.36M | -11.31M | 3.57M | -29.38M | -478,453 | -1.08M | 166,642 | -1,343 |
| Investing Activities | |||||||||||||
| Capital Expenditures | — | -7,027 | — | — | -27,364 | -59,091 | -13,246 | -15,558 | -16,265 | -179,580 | — | — | — |
| Net Intangibles | -16,600 | -6,311 | -26,705 | -22,721 | — | — | -894,435 | -283,813 | -37,621 | -53,076 | -231,860 | -102,203 | — |
| Net Acquisitions | 91,751 | -152,777 | — | — | — | — | — | 419,042 | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | -1.32M | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | 91,751 | -159,804 | — | -276,715 | -1.63M | -2.70M | -907,681 | 138,871 | -149,382 | -353,967 | — | -245,865 | — |
| Financing Activities | |||||||||||||
| Long-Term Debt Issuance | — | 7.99M | 485,762 | 485,760 | 408,000 | — | 3.00M | 2.94M | 3.44M | 1.15M | 162,500 | — | — |
| Long-Term Debt Payments | — | -962,000 | — | -40,157 | -31,188 | -1.03M | -90,661 | -209,811 | -296,653 | -224,615 | — | — | — |
| Other Financing Charges | — | — | — | -104,800 | — | -658,864 | -750,975 | -229,423 | -356,600 | — | 327,636 | 180,230 | 943 |
| Financing Cash Flow | 15.38M | 9.88M | 10.77M | 5.42M | 3.31M | 7.92M | 14.10M | 3.68M | 2.99M | 923,802 | 1.45M | 181,030 | 2,943 |
| Other Cash Details | |||||||||||||
| End Cash Position | 10.18M | 3.24M | 6.04M | 3.77M | 567,081 | 4.97M | 4.41M | 689,105 | 349,873 | 159,296 | 5,349 | 17,568 | 2,000 |
| Income Tax Paid | 4,118 | 13,297 | 12,888 | 36,223 | 62,931 | 17,304 | 6,957 | 2,946 | — | — | — | — | — |
| Interest Paid | 23,709 | 94,887 | 11,576 | 9,448 | 10,771 | 173,426 | 11,021 | 11,051 | 199,967 | — | — | — | — |
| Free Cash Flow | -8.39M | -12.81M | -8.79M | -4.69M | -6.08M | -6.01M | -6.55M | -4.11M | -2.52M | -835,468 | -1.13M | 77,999 | -943 |
Error: Invalid format in Holders JSON file.
Article
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.
Feb 4, 2025
Article
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.
Dec 23, 2024
Article
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
Dec 19, 2024
