DENVER, June 25, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ:AUID) ("authID" or the "Company"), a leading provider of innovative biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell 1,464,965 shares of its common stock (the "Shares"), pursuant to a registered direct offering (the "Registered Direct Offering"). The purchase price for one Share will be $7.50 (however, if the Purchaser is a director of the Company, the ...

文章核心观点 - 公司通过注册直接发行的方式筹集约1100万美元资金 [1][2] - 公司将使用募集资金用于扩大销售和运营、增加客户支持团队等 [3] - 公司CEO表示这次融资将有助于公司业务增长和创造价值 [4] 公司概况 - 公司是一家提供创新生物识别身份验证和认证解决方案的领先供应商 [6] - 公司通过安全的数字入职、无密码登录、生物认证等功能帮助企业确认用户身份 [6] - 公司的生物识别身份处理速度可达700毫秒 [6] 融资交易细节 - 公司以每股7.5美元的价格向投资者出售146.5万股普通股 [1] - 如果购买方是公司董事,每股价格为8.16美元 [1] - 交易预计将于2024年6月27日完成,需满足惯常交割条件 [2] - 公司聘请Madison Global Partners作为本次发行的唯一配售代理 [2]

Expands reach of authID's next-gen biometric identity platform with integration to Syntrove's risk and fraud technology platform Denver, June 18, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ:AUID), a leading provider of innovative biometric identity verification and authentication solutions, and Syntrove, a leading consulting and professional services firm specializing in providing risk, data, delivery and technology expertise, today announced they have signed an OEM agreement that will integrate authID's b ...

DENVER, June 04, 2024 (GLOBE NEWSWIRE) -- authID (NASDAQ:AUID), a leading provider of innovative biometric identity verification and authentication solutions, today announced the Company's executive leadership team will participate in an investor-focused webinar with Deep Knowledge Investing (DKI) on Wednesday, June 5, 2024 at 12:00pm EDT. DKI Founder, Gary Brode, will moderate the conversation with authID CEO Rhon Daguro, CFO Ed Sellitto, CTO Thomas Szoke and Board Director Kunal Mehta on the company's go- ...

DENVER, May 20, 2024 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID] a leading provider of innovative biometric identity verification and authentication solutions, today announced that its 2024 Annual Meeting of Stockholders will be held virtually on June 26, at 10:00 a.m. EDT. At the meeting, proposals will be submitted to elect directors, ratify the appointment of auditors, reduce the number of authorized shares in order to save expenses, ratify the adoption of the 2024 Equity Incentive Plan and approve “Say-o ...

财务数据和关键指标变化 - 总收入从上年同期的0.04百万美元增加到0.16百万美元,主要是由于2023年签约的新客户在2024年第一季度开始产生收入 [9] - 经营费用从上年同期的1.02百万美元增加到3.31百万美元 [9] - 持续经营亏损从2023年第四季度的3.2百万美元减少到3.06百万美元 [11] - 每股净亏损从上年同期的0.56美元减少到0.32美元 [11] 各条业务线数据和关键指标变化 - 公司未提供具体的业务线数据和指标变化情况 各个市场数据和关键指标变化 - 公司未提供具体的各个市场数据和指标变化情况 公司战略和发展方向及行业竞争 - 公司正在转变为以销售为中心的思维模式,并将重点放在三个关键领域:技术强化和功能增强、快速实现客户上线以产生收入,以及重新调整销售策略专注于大型企业客户和渠道合作伙伴机会 [35][36][37][49][50][51] - 公司与Equifax建立合作关系,将Equifax的产品集成到公司的身份验证平台上,为客户提供更全面的身份验证服务 [40][41] - 公司认为现有的传统身份验证方法存在很多漏洞,容易被欺骗,而公司的生物识别技术可以提供更可靠的身份验证解决方案 [58][59][60][61][62][63][64][65] - 公司正在积极拓展渠道合作伙伴,以增加销售触角和提高销售效率 [51][52][53] 管理层对经营环境和未来前景的评论 - 管理层对公司在2024年实现收入增长、签约新客户和提高运营效率等方面的进展表示乐观 [33][46][67] - 管理层认为公司的生物识别技术能够有效解决当前身份验证领域存在的漏洞和安全隐患,为客户提供更可靠的身份认证解决方案 [58][59][60][61][62][63][64][65] - 管理层表示将继续投资于研发和销售渠道建设,以推动公司的长期增长 [133][134][135] 问答环节重要的提问和回答 问题1 **Gary Brody 提问** 询问公司是否需要在今年中期进行二次融资,以及对此的信心程度 [132][133][134][135] **Rhon Daguro 回答** 公司需要进行融资以支持业务发展,但首要任务是证明公司的技术和产品市场契合度,并展现出良好的经营业绩,这将有助于融资工作的开展。公司正在全力推进销售和收入增长,同时也在密切关注融资时机。 问题2 **Alan Sasserath 提问** 询问公司目前的客户上线和收入产生能力 [138][139][140][141][142][143] **Rhon Daguro 回答** 对于可以直接使用公司现有产品的客户,公司可以在3个月内完成上线;对于需要定制集成的大型客户,上线时间会相对更长,需要公司进一步完善相关功能。公司正在根据不同客户需求调整产品和服务交付能力。 问题3 **Dean Cadaques 提问** 询问公司当前的用户规模情况 [119][120][121][122][123][124] **Tom Szoke 回答** 公司目前有约69个直接客户,用户规模正在快速增长,但具体数字还需要进一步统计。公司正在努力推动客户的用户规模扩大,并将用户数据纳入公司的关键指标跟踪。

Exhibit 99.1 authID Inc. Reports Financial and Operating Results for the First Quarter Ended March 31, 2024 ● Achieves Milestone Revenue Growth for Q1 2024 With Live Production Status of Key Customers Signed in 2023 ● Management to Host Conference Call Today at 5:30 p.m. EST DENVER, May 15, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of innovative biometric identity verification and authentication solutions, today reported financial and operating results for the first quarter end ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40747 authID Inc. (Exact name of registrant as specified in its charter) Delaware 4 ...

Achieves Milestone Revenue Growth for Q1 2024 With Live Production Status of Key Customers Signed in 2023 Management to Host Conference Call Today at 5:30 p.m. EST DENVER, May 15, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ:AUID), a leading provider of innovative biometric identity verification and authentication solutions, today reported financial and operating results for the first quarter ended March 31, 2024. "authID continues to validate strong product market fit for our biometric identity solutions. ...

authID to secure leading IAM provider's workforce and customer identity clients across North America from malicious, generative AI-driven cyberattacks DENVER, May 08, 2024 (GLOBE NEWSWIRE) -- authID.ai (NASDAQ:AUID), a leading provider of innovative biometric identity verification and authentication solutions, and IDMWORKS, an industry-leading identity and access management (IAM) solutions provider, today announced they have signed a reseller agreement to expand the availability of authID's biometric capabi ...