---
title: "authID reports Q1 2026: revenue $0.5M, net loss $4.5M, adjusted EBITDA loss $3.4M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286464873.md"
description: "authID reported Q1 2026 results with revenue of $0.5M and a net loss of $4.5M, or $0.28 per share. Adjusted EBITDA loss improved to $3.4M from $3.9M a year earlier. The company secured $4.2M in bridge financing post-quarter and is advancing enterprise proofs of concept. Revenue increased from $296K in Q1 2025 to $480K in Q1 2026. Operating expenses rose to $4.96M. Annual recurring revenue (ARR) reached $1.9M, up from $1.2M a year prior. Remaining Performance Obligation (RPO) stands at $2.0M, with 71% expected to be recognized as revenue within the next year."
datetime: "2026-05-14T20:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286464873.md)
  - [en](https://longbridge.com/en/news/286464873.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286464873.md)
---

# authID reports Q1 2026: revenue $0.5M, net loss $4.5M, adjusted EBITDA loss $3.4M

authID reported first-quarter 2026 results showing revenue of $0.5 million and a net loss of $4.5 million, or $0.28 per share. Adjusted EBITDA loss improved to $3.4 million versus $3.9 million a year earlier. The company said it secured $4.2 million in bridge financing after quarter-end and is advancing enterprise proofs of concept and channel partnerships.

**Financial Highlights**

-   Revenue: $480,151 for the three months ended March 31, 2026, up from $296,256 a year ago.
-   Operating expenses: $4,960,791 for the quarter, compared with $4,674,555 in Q1 2025.
-   Net loss: $(4,463,536) for the quarter (loss per share $0.28), versus $(4,339,467) (loss per share $0.40) in Q1 2025.
-   Adjusted EBITDA (non-GAAP): $(3,428,884) for Q1 2026, improved from $(3,893,768) in Q1 2025.
-   Cash: $1,191,282 as of March 31, 2026 (down from $4,608,073 at December 31, 2025); secured $4.2 million in bridge financing subsequent to quarter end.

**Business Highlights**

-   Pipeline: Built a $40 million pipeline represented by 20 major accounts, with more than a dozen active proofs of concept across retail, banking, fintech, crypto, industrial and healthcare sectors.
-   Product advancement: Launched PrivacyKey™, integrating NIST-standard quantum-resistant cryptography and cryptographic key sharding to address quantum-era threats and single-point-of-failure vulnerabilities.
-   Channel expansion: Expanded strategic partner program adding Formula5 as a reseller/implementation partner within the Microsoft Entra and Microsoft Verified ID ecosystems, complementing existing partner MajorKey.
-   Annual recurring metrics: bARR signed in Q1 2026 was $0.08 million (comprised of $0.03 million cARR and $0.06 million estimated UAC); ARR as of Q1 2026 was $1.9 million, up from $1.2 million in Q1 2025.
-   Contract visibility: Remaining Performance Obligation (RPO) of $2.0 million as of March 31, 2026, with approximately 71% expected to be recognized as revenue over the twelve months ending March 31, 2027.

Original SEC Filing: authID Inc. \[ AUID \] - 8-K - May. 14, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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