--- title: "authID | 10-Q: FY2026 Q1 Revenue: USD 480.15 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/286464055.md" datetime: "2026-05-14T20:31:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286464055.md) - [en](https://longbridge.com/en/news/286464055.md) - [zh-HK](https://longbridge.com/zh-HK/news/286464055.md) --- # authID | 10-Q: FY2026 Q1 Revenue: USD 480.15 K Revenue: As of FY2026 Q1, the actual value is USD 480.15 K. EPS: As of FY2026 Q1, the actual value is USD -0.28. EBIT: As of FY2026 Q1, the actual value is USD -4.498 M. authID Inc. operates within a single operating and reportable segment, managing profit (loss) based on consolidated net income (loss). #### Segment Revenue Revenues for the three months ended March 31, 2026, were approximately $480,000, an increase from approximately $296,000 in the same period of 2025, primarily driven by the recognition of revenue from new customer contracts. #### Operational Metrics - **Net Loss**: The net loss for the three months ended March 31, 2026, was -$4,463,536, compared to -$4,339,467 for the same period in 2025. - **Loss from Operations**: The loss from operations was -$4,480,640 for the three months ended March 31, 2026, compared to -$4,378,299 for the three months ended March 31, 2025. - **General and Administrative Expenses**: Increased by approximately $0.2 million for the three months ended March 31, 2026, compared to the same period in 2025, due to a $0.4 million increase in stock-based compensation, partially offset by employee and vendor expense reductions. - **Research and Development Expenses**: Increased by approximately $0.1 million for the three months ended March 31, 2026, compared to the same period in 2025, driven by a $0.2 million increase in stock-based compensation, partially offset by employee and vendor expense reductions. - **Amortization Expense**: Decreased by approximately $18,000 for the three months ended March 31, 2026, compared to the same period in 2025, as assets become fully amortized. - **Interest Expense, net**: Decreased by approximately $10,000 for the three months ended March 31, 2026, compared to the same period in 2025, primarily due to debt repayment. - **Interest Income**: Decreased by approximately $32,000 for the three months ended March 31, 2026, compared to the same period in 2025. - **Adjusted EBITDA (Non-GAAP)**: Was -$3,428,884 for the three months ended March 31, 2026, compared to -$3,893,768 for the same period in 2025. #### Cash Flow - **Cash used in operating activities**: Approximately -$3.4 million for the three months ended March 31, 2026, compared to approximately -$5.4 million for the same period in 2025. - **Cash used in investing activities**: Was $0 for the three months ended March 31, 2026, compared to approximately -$1,700 for the same period in 2025. - **Cash used in financing activities**: Was $0 for the three months ended March 31, 2026, compared to approximately -$0.2 million for the same period in 2025, primarily due to the repayment of a convertible note in 2025. #### Unique Metrics - **Liquidity**: As of March 31, 2026, authID Inc. had approximately $1.2 million cash on hand and $0.9 million working capital. - **Accumulated Deficit**: The Company had an accumulated deficit of approximately $196.2 million as of March 31, 2026. - **Remaining Performance Obligation (RPO)**: As of March 31, 2026, the RPO was $2.0 million, with $0.38 million recorded as deferred revenue and $1.62 million related to other non-cancellable contracted amounts. Approximately 71% of the RPO is expected to be recognized as revenue over the twelve months ending March 31, 2027. - **Customer Concentration**: For the three months ended March 31, 2026, three customers represented 81% of gross revenue, compared to 68% by three customers for the same period in 2025. As of March 31, 2026, three customers accounted for 76% of gross accounts receivable, while as of December 31, 2025, two customers accounted for 72%. Two customers accounted for 77% of the RPO as of March 31, 2026, and 84% as of December 31, 2025. #### Future Outlook and Strategy authID Inc. plans to grow its business by increasing service usage among existing customers, acquiring new customers through direct sales and channel partners, and expanding into new markets and innovation. The Company anticipates continued revenue growth if these efforts are successful and will require additional capital investment to support its growth-oriented business plan and operations. In April 2026, authID Inc. successfully raised approximately $3.6 million in net proceeds from a private placement of Senior Secured Debentures and warrants to support its ongoing operations and investments. ### Related Stocks - [AUID.US](https://longbridge.com/en/quote/AUID.US.md) ## Related News & Research - [authID Announces $4,000,000 Bridge Loan Financing | AUID Stock News](https://longbridge.com/en/news/284587411.md) - [authID Integration With ServiceNow Targets Surging Contact Center Fraud](https://longbridge.com/en/news/272726929.md) - [11:48 ETFSK SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds FS KKR Capital (FSK) Investors of Securities Class Action Deadline on July 3, 2026](https://longbridge.com/en/news/286441711.md) - [AuthID Reports Q1 2026 Results: Full Earnings Call Transcript](https://longbridge.com/en/news/286474816.md) - [authID reports Q1 2026: revenue $0.5M, net loss $4.5M, adjusted EBITDA loss $3.4M](https://longbridge.com/en/news/286464873.md)