authID Inc. (AUID) Stock

authID Inc. (AUID) is a Technology stock trading at $0.49 (as of 2026-08-20), with a market capitalization of $7.86M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

authID Inc. provides an identity-as-a-service platform for verifying and authenticating users through mobile and desktop experiences, including multi-factor authentication, trusted-identity proofing using electronic travel and government documents, and FIDO2-based authentication for passwordless sign-in and transactions. Its solutions are used to support enterprise customer enrollment and related biometric identity functions, along with associated identity credential and matching offerings.

Understand authID Inc.: how it makes money

authID Inc. operates an Identity as a Service (IDaaS) platform that helps users verify and authenticate their identity using a mobile phone or desktop (camera), and it monetizes this through identity verification offerings such as VERIFIED (multifactor authentication) and PROOF (trusted identity based on chip based travel documents and national IDs).

The profit model appears to be driven by recurring identity verification contracts, because the company’s operating tracking centers on Annual Recurring Revenue and pipeline activity that must convert into Net Booked Annual Recurring Revenue and booked recurring revenue.

Revenue by segment (latest quarter)
Verified	$0.0B
Legacy Auth	$0.0B
Legacy Biz	$0.0B

Business quality (Weak): Latest quarter shows zero revenue and zero recurring revenue metrics while the operating margin is deeply negative, even though there are user and onboarding activity indicators and a nonzero sales pipeline.

Bull case

Platform usage and verification activity are measurable, including Proofs Completed (800000) and Registered User Identities (94000): These operational indicators suggest the identity verification workflow is running at some scale.
Customer and success-related metrics exist, including Acceptance Rate Percentage (97.0) and Customer Count - Credit Union Members (600000): High acceptance rate can support conversion to usable verifications and reduce friction in identity checks.
Sales momentum signals exist, including Sales Pipeline (0.04 USD_B) and Active Opportunities in Pipeline (20.0): There are active deals to convert into recurring revenue, even though current reported recurring revenue is at zero.

Bear case

Reported revenue for 2026-03-31 is 0.0B and Annual Recurring Revenue is 0.0 USD_B: This implies the company did not record top line results in the quarter despite operating activity metrics.
Operating margin is -933.2% for 2026-03-31: With no revenue base, costs appear to drive substantial operating losses.
Recurring revenue conversion metrics are also 0.0, including Net Booked Annual Recurring Revenue and Booked Annual Recurring Revenue: The pipeline may not be converting into booked recurring revenue in the period, which can delay scaling and profitability.

Valuation — source: SEC EDGAR (first-party)
Price	$0.49
Market Cap	$7.86M
EV / EBITDA	-0.4
Price / Book	3.85
Price / Sales	6.19

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.04M
Net Margin	-878.8%
Return on Equity	-902.3%
Current Ratio	0.57
Revenue Growth (YoY)	-66.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	-28.70 (distress)

Valuation vs Sector & Industry
Sector P/E (Technology)	33.9
Industry P/E (Business Services)	30.0

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Wealthspire Advisors, LLC ($719686.00)
Institutional Holders Tracked	10

Company
Sector	Technology
Industry	Business Services
CEO	Rhoniel A. Daguro
Employees	46
Country	US
IPO Date	2021-06-14

Related Companies (Business model: SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.