Company Search

Education Flash Analysis

AUID

Other Symbols: IDTY

authID Inc.

NASD, Technology, Software - Infrastructure, USA

authID Inc. provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop. It provides Biometric Identity Verification, which establishes the trusted identity of users based on a variety of ground truth sources, including chip-based electronic machine-readable travel documents, national IDs, and driver's licenses; Human Factor Authentication that delivers trusted FIDO2 strong authentication for device-based passwordless login and transaction authentication that is tied to a trusted identity; Cloud-Based Biometric Multi-Factor Authentication, which provides any bank, enterprise, or government department a secure and convenient application for identity verification and transaction consent as part of any type of electronic transaction; and Identity - Portal that enables enterprises to get started with its identity products without any integration. The company also offers SEARCH, a biometric matching software for desktop fingerprint capture and image processing. The company was formerly known as Ipsidy Inc. and changed its name to authID Inc. authID Inc. was founded in 2009 and is headquartered in Denver, Colorado.



Market Cap Shares Float Float Held by Institutions % Shares Outstanding Shares Authorized Institutional Own %
70.75 M 5.67 M 52.21% 7.87 M 250.00 M 19.22%
Date of Short Interest by FINRA Shares Sold Short Short Float % Insider Own % Number Institutions Holding Shares MVPHS
31-Aug-2023 0.08 M 1.18% 63.19% 29 $62.14 M

Report Link Date of Report Stock Split Info Stock Split Ratio
8-K 27-Jun-2023 On June 26, 2023, at the annual meeting for authID Inc., a Delaware corporation (the “Company”), the shareholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio not less than 1-for-2 and not greater than 1-for-50, with the exact ratio to be set within that range at the discretion of the Company’s Board of Directors before June 30, 2024 without further approval or authorization of the Company’s stockholders. On June 26, 2023, the Board of Directors approved the amendment to the Company’s Amended and Restated Certificate of Incorporation implementing a reverse split at a ratio of 1-for-8 (the “Reverse Split”). 1-for-2

Financial Doc Link Date of Doc Cash Equivalents Burn Rate Operating Activities (monthly) Operating Expenses (monthly) Estimated Months Left of Cash
10-Q 11-May-2023 $1.59 M $1.74 M $1.09 M -3.09

As a result of recent cash raise, this company now has an estimated $5.41 M cash with 0.00 months of cash remaining.

Current Assets Current Liabilities Working Capital Total Assets Total Liabilities Total Revenues (12 mo)
$0.06 M $1.96 M -$1.90 M $6.83 M $10.73 M $0.37 M

Dilutive convertible shares can impact a stock's price by increasing the number of outstanding shares, potentially reducing the value of existing shares and decreasing the stock price.

Sign up to see if this company has convertible shares


Stock Warrants can increase share count when exercised. This dilutions affects earnings per share and potentially reduces stock value and impacting investments.

Sign up to see if this company has dilutive warrants


The liquidity and capital resources provides information on the company's cash position, debt levels, and ability to generate cash, indicating its financial stability and potential for growth.

Sign up to see if this company has a need to raise


Shelf Registrations can impact a stock's price by increasing the supply of shares available for sale, potentially lowering demand and decreasing stock price, leading to decreased returns on investors.

Sign up to see if this company has any shelf registrations


Shelf Registrations can impact a stock's price by increasing the supply of shares available for sale, potentially lowering demand and decreasing stock price, leading to decreased returns on investors.

Sign up to see if this company has any shelf registrations pending effect


Registration Statements, which provide information on a company's financials and business plans before a public offering, can impact trading by affecting investor perception and demand for the stock, potentially leading to price changes.

Sign up to see if this company has any registration statements


Registration Statements, which provide information on a company's financials and business plans before a public offering, can impact trading by affecting investor perception and demand for the stock, potentially leading to price changes.

Sign up to see if this company has any registration statements pending effect


Company current reports can impact investments by providing important information on material events and changes at the company, affecting the stock price and potential for gains or losses.

Sign up to see if this company has any current reports


A company not being Nasdaq compliant can impact trading performance by reducing investor confidence and potentially leading to decreased demand, lower stock price, and decreased liquidity in the market.

Sign up to see if this company has any noncompliance

Changes in a company's share structure, such as issuing new shares, buying back shares, or issuing stock options, can impact stock investments by altering the supply and demand of a company's stock, potentially affecting the stock price and investment return.

Sign up to see if this company has any changes in share structure