authID Earnings Call Transcripts
Fiscal Year 2026
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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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Achieved 3x year-over-year growth in booked ARR and RPO, closed a record $10M contract, and expanded partnerships. Revenue and losses increased due to reinvestment, with a strong pipeline and late-stage enterprise deals expected to drive 2025 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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Q2 2024 revenue grew 75% sequentially to $0.28M, with ARR up to $1.12M and a $25M sales pipeline. New biometric accuracy and privacy features, expanded channel partnerships, and a $10M fundraise support continued growth and a reiterated $1.4–$1.6M revenue outlook for 2024.