EX-99.1 2 ea029067001ex99-1.htm PRESS RELEASE DATED MAY 14, 2026 Exhibit 99.1 authID Reports Financial and Operating Results for the First Quarter 2026 DENVER, May 14, 2026 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today reported financial and operating results for the Quarter ended March 31, 2026. First Quarter 2026 vs. First Quarter 2025 Financial Summary Total revenue for the quarter was $0.5 million, compared to $0.3 million a year ago. Operating expenses were $5.0 million, compared to $4.7 million a year ago. Net loss was $4.5 million, or $0.28 per share, compared to a loss of $4.4 million, or $0.40 per share a year ago. Adjusted EBITDA Loss of $3.4 million (non-GAAP measure as defined below), compared with $3.9 million a year ago. Gross bARR (Booked Annual Recurring Revenue) of $0.08 million (non-GAAP measure as defined below), compared with $0.01 million a year ago. "Q1 2026 represents an inflection point for authID, as the Company executed a deliberate and multi-dimensional strategy, simultaneously strengthening the balance sheet, …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
authID Inc.
AUIDNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On May 14, 2026, authID Inc. (the “Company”) issued a press release regarding its financial results for the first quarter ended March 31, 2026. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Company context
authID (Nasdaq: AUID) ensures enterprises “Know Who's Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user's identity, leveraging a 1-in-1-billion false positive rate for the highest level of assurance, coupled with industry-leading speed and privacy-preserving technology. Its IDX platform secures the distributed workforce of employees and contractors, while enforcing authorization and accountability for AI agents. By creating a biometric root of trust for each user, authID stops fraud at onboarding, prevents account takeover, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and most accurate user identity experience in the industry.
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Recent company filings
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Regulation FD Disclosure · Other EventsOct 9, 2026
- Entry into a Material Definitive Agreement · Unregistered Sales of Equity SecuritiesSep 15, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsSep 2, 2026
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingSep 1, 2026
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingAug 21, 2026