authID Earnings Call Transcripts
Fiscal Year 2026
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The meeting confirmed a quorum, elected six directors, and approved both the appointment of auditors and a new equity incentive plan. All proposals passed by majority vote, with detailed results to be filed in Form 8-K.
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Q1 2026 saw 62% revenue growth, cost reductions, and the launch of a quantum-resistant biometric platform. With $4.2M in new bridge financing and a robust enterprise pipeline, the company is positioned for improved performance and long-term sustainability.
Fiscal Year 2025
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Revenue more than doubled year-over-year, driven by new enterprise wins and technology partnerships, despite setbacks from early contract concessions. Momentum is building for 2026 with a strong pipeline and expanding integrations.
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Q3 2025 saw negative net revenue due to major customer concessions, despite new enterprise contracts and strong product innovation. Operating expenses and net loss increased year-over-year, but ARR grew. Focus shifts to larger enterprise clients and longer sales cycles.
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Q2 2025 saw record revenue of $1.4M, major new contracts, and the launch of the IDX platform. ARR and BARR surged, with Proof and NEC partnerships set to drive further growth. The company remains on track for $18M in 2025 bookings.
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Q1 2025 revenue doubled year-over-year, but losses widened due to strategic investments in sales and R&D. Strong pipeline growth and major enterprise deals are expected to drive bookings to the $18 million target, with new capital supporting expansion.
Fiscal Year 2024
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Revenue and booked ARR grew sharply in 2024, highlighted by a record $10M contract and a 3x increase in RPO. Strategic focus on speed, accuracy, and privacy in biometrics, plus new partnerships and product launches, position the company for further enterprise growth.
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Q3 2024 saw strong revenue and usage growth, major new contracts—including a $10M Indian AI deal—and product innovation, but delayed customer go-lives led to reduced full-year guidance. ARR and RPO rose sharply, and the company remains focused on scaling through partnerships.
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Revenue grew 75% sequentially in Q2 2024, with strong pipeline expansion and new technology launches, including a privacy-focused biometric solution. Full-year guidance was reiterated, and $10 million in new funding was secured to support growth.