DENVER, April 02, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ:AUID) ("authID" or the "Company"), a leading provider of biometric identity verification and authentication solutions, today announced it has closed its previously announced transaction with investors to sell 1,811,120 shares of its common stock (the "Shares") and/or Pre-Funded Warrants (the "Pre-Funded Warrants") pursuant to a registered direct offering (the "Registered Direct Offering"). The purchase price for one Share or Pre-Funded Warrant was $4.50 (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering were $8,150,000 before deducting placement agent fe

DENVER, March 31, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ:AUID) ("authID" or the "Company"), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 1,811,111 shares  of its common stock (the "Shares") and/or Pre-Funded Warrants (the "Pre-Funded Warrants"), pursuant to a registered direct offering (the "Registered Direct Offering"). The purchase price for one Share or Pre-Funded Warrant will be $4.50, (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering are expected to be approximately $8,15

The biometric verification and authentication leader was honored for setting a new standard in identity management with its advanced biometric solutions DENVER, Colorado, March 19, 2025 (GLOBE NEWSWIRE) -- authID (NASDAQ:AUID), a leading provider of biometric identity verification and authentication solutions, today announced that it has once again been selected as the winner of the "Best ID Management Platform" award in the 2025 FinTech Breakthrough Awards. Presented by FinTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market, the 9th annual FinTech Breakthrough Awards recognize the most i

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4 - authID Inc. (0001534154) (Issuer)

4 - authID Inc. (0001534154) (Issuer)

4 - authID Inc. (0001534154) (Issuer)

4 - authID Inc. (0001534154) (Issuer)

4 - authID Inc. (0001534154) (Issuer)

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8-K - authID Inc. (0001534154) (Filer)

DENVER, Sept. 24, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ:AUID), a leading provider of biometric identity verification and authentication solutions, today announced the appointment of Erick Soto as Chief Product Officer. Mr. Soto, a seasoned product leader with over 15 years of industry experience, comes to authID after serving as a Chief Product Officer and adviser to successful identity verification providers, financial technology businesses, and neobanks. In his new role, Soto will oversee the evolution of the authID platform for biometrically onboarding and authenticating customers' employees and consumers. He will direct a robust group of developers and designers working o

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-on-Pay" and "Say-on-Pay" frequency resolutions. The Company is proposing the election of all of the current seven directors. The Company has filed its Proxy Statement with the SEC, whic

Company adds expert in global business development, and go-to-market growth strategy DENVER, March 26, 2024 (GLOBE NEWSWIRE) -- authID.ai (NASDAQ:AUID), a leading provider of innovative biometric identity verification and authentication solutions, today announced the appointment of Kunal Mehta to its Board of Directors, effective immediately. Mehta, a partner at Bain & Company, adds deep expertise in strategic growth areas targeted by authID: market expansion, go-to-market (GTM) strategy, and operational efficiency. "Having engaged closely with Kunal at both Bain & Company and Technology Crossover Ventures, I know from first-hand experience that he brings a unique mix of domain knowled

DENVER, March 13, 2025 (GLOBE NEWSWIRE) -- authID® (NASDAQ:AUID) ("authID"), a leading provider of biometric identity verification and authentication solutions, today reported financial and operating results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 vs. 2023 Financial Summary Total revenue for the quarter increased to $0.20 million, compared to $0.07 million a year ago.Operating expenses were $4.9 million, compared to $3.3 million a year ago.Loss from continuing operations was $4.6 million, or $0.49 per share, compared to a loss of $3.2 million, or $0.41 per share a year ago.Adjusted EBITDA Loss of $4.1 million (non-GAAP measure as defined below),

DENVER, Feb. 27, 2025 (GLOBE NEWSWIRE) -- authID® (NASDAQ:AUID) ("authID"), a leading provider of biometric identity verification and authentication solutions, today announced the Company will report financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025 after the market close. Following issuance of the earnings release, authID Chief Executive Officer, Rhon Daguro and Chief Financial Officer, Ed Sellitto will host a webcast at 5:00 p.m. EDT to discuss the financial results and provide a corporate update. To participate on the live conference call, please access this registration link and you will be provided with dial-in details. To avoi

DENVER, Nov. 07, 2024 (GLOBE NEWSWIRE) -- authID® (NASDAQ:AUID) ("authID"), a leading provider of secure identity verification and authentication solutions, today reported financial and operating results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 vs. Third Quarter 2023 Financial Summary Total revenue for the quarter increased to $0.25 million, compared to $0.04 million a year ago.Operating expenses were $3.8 million, flat compared to a year ago.Loss from continuing operations was $3.4 million, or $0.31 per share, compared to a loss of $3.7 million, or $0.47 per share a year ago.Remaining Performance Obligation ("RPO") was $3.8 million, compared to

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