The company's financial position is increasingly vulnerable, with total assets contracting to $6.4M and goodwill representing $4.2M of that total, signaling potential impairment risks.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|
| Total Current Assets | 2.12M | 5.65M | 10.07M | 10.9M | 4.35M | 6.93M | 4.4M | 1.69M | 5.77M | 5.34M | 1.19M | 1.51M | 159.3K | 117.35K | 150 | 2K |
| Cash & Short-Term Investments | 1.19M | 4.61M | 8.47M | 10.18M | 3.24M | 5.77M | 3.84M | 632.41K | 5.03M | 4.47M | 734.1K | 349.87K | 159.3K | 5.35K | 150 | 2K |
| Cash Only | 1.19M | 4.61M | 8.47M | 10.18M | 3.24M | 5.77M | 3.77M | 567.08K | 4.97M | 4.41M | 689.11K | 349.87K | 159.3K | 5.35K | 150 | 2K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 72.68K | 65.33K | 58.73K | 52.79K | 44.99K | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 338.69K | 238.8K | 524.76K | 91.28K | 261.81K | 26.85K | 72.99K | 125.86K | 130.88K | 165.93K | 138.36K | 509.03K | 0 | 0 | 117.92K | 0 |
| Days Sales Outstanding | 103.12 | 42.71 | 216.06 | 175.08 | 181.19 | 15.97 | 12.44 | 18 | 12.48 | 26.29 | 26.17 | 252.66 | - | - | 5.59 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 153.15K | 254.95K | 173.57K | 133.54K | 492.03K | 150.68K | 516.66K | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | 140.65 | 94.63 | 38.78 | 304.78 | 111.73 | - | - | - | - | - |
| Other Current Assets | 593.44K | 804.43K | 617.92K | 157.3K | 468.18K | 479.92K | 237.77K | 753.5K | 471.83K | 218.54K | 166.48K | 134.22K | 0 | 112K | 0 | 0 |
| Total Non-Current Assets | 4.32M | 4.33M | 4.4M | 4.51M | 5.03M | 6.9M | 9.47M | 11.85M | 12.38M | 11.69M | 11.36M | 1.96M | 617.74K | 431.16K | 243.82K | 0 |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 25.4K | 97.83K | 332.96K | 204K | 209.72K | 115.68K | 37.77K | 21.58K | 38.01K | 59.49K | 0 |
| Fixed Asset Turnover | - | - | - | - | - | 24.16x | 21.88x | 7.66x | 18.77x | 10.99x | 16.68x | 19.47x | - | - | 129.35x | - |
| Goodwill | 4.18M | 4.18M | 4.18M | 4.18M | 4.18M | 4.18M | 4.18M | 5.22M | 6.74M | 6.74M | 6.74M | 166.69K | 0 | 0 | 0 | 0 |
| Intangible Assets | 135.69K | 147.39K | 213.72K | 327K | 566.26K | 2.38M | 4.53M | 5.72M | 4.88M | 2.88M | 3.47M | 1.76M | 596.16K | 393.15K | 184.33K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 422.02K | 494.7K | 560.04K | 618.76K | 674.01K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 277.98K | 315.33K | 240.22K | 83.92K | 2.13M | 1.24M | 358.34K | 0 | 0 | 0 | -243.82K | 0 |
| Total Assets | 6.44M | 9.98M | 14.47M | 15.41M | 9.37M | 13.83M | 13.87M | 13.54M | 18.14M | 17.03M | 12.55M | 3.47M | 777.04K | 548.51K | 150 | 2K |
| Asset Turnover | 0.21x | 0.20x | 0.06x | 0.01x | 0.06x | 0.04x | 0.15x | 0.19x | 0.21x | 0.14x | 0.15x | 0.21x | - | - | 51300.00x | - |
| Asset Growth % | -126.58% | -31.02% | -6.1% | 64.41% | -32.22% | -0.32% | 2.49% | -25.39% | 6.54% | 35.71% | 261.57% | 346.62% | 41.66% | 365570.67% | -92.5% | - |
| Total Current Liabilities | 1.24M | 1.36M | 2.96M | 1.66M | 1.25M | 2.93M | 2.95M | 2.68M | 1.61M | 1.6M | 10.83M | 27.55M | 258.85K | 291.3K | 350 | 400 |
| Accounts Payable | 418.56K | 346.71K | 317.03K | 339.83K | 623.13K | 548.09K | 311.02K | 513.29K | 401.27K | 232.84K | 341K | 301.45K | 40.49K | 19.64K | 67.4K | 0 |
| Days Payables Outstanding | 13.91K | - | - | - | - | - | 171.58 | 279.83 | 116.52 | 144.23 | 252.86 | - | - | - | 3.78 | - |
| Short-Term Debt | 0 | 0 | 240.88K | 0 | 0 | 662K | 5.95K | 5.34K | 30.9K | 27.42K | 359.82K | 1.02M | 48.42K | 224.62K | 0 | 0 |
| Deferred Revenue (Current) | 2.55M | 477.06K | 215.24K | 131.63K | 81.32K | 199.01K | 237.69K | 425.28K | 236.27K | 122.51K | 398.68K | 416.05K | 0 | 42.24K | 0 | 0 |
| Other Current Liabilities | 438.74K | 534.39K | 784.66K | 124.15K | 398.86K | 214.96K | 0 | 0 | 654.9K | 443.91K | 9.31M | 25.9M | 60.2K | 20.98K | -86.48K | 0 |
| Current Ratio | 1.71x | 4.16x | 3.41x | 6.55x | 3.48x | 2.36x | 1.49x | 0.63x | 3.57x | 3.35x | 0.11x | 0.05x | 0.62x | 0.40x | 0.43x | 5.00x |
| Quick Ratio | 1.71x | 4.16x | 3.41x | 6.55x | 3.48x | 2.31x | 1.41x | 0.56x | 3.49x | 3.04x | 0.10x | 0.04x | 0.62x | 0.40x | 0.43x | 5.00x |
| Cash Conversion Cycle | -13.81K | - | - | - | - | - | -18.49 | -167.2 | -65.27 | 186.83 | -114.96 | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 0 | 0 | 549.42K | 7.84M | 0 | 6.35M | 2.58M | 1.94M | 2.49M | 14.97M | 1.32M | 88.91K | 244.25K | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 224.42K | 7.84M | 0 | 6.29M | 2.4M | 1.85M | 2.38M | 5.3M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 10.56K | 49.79K | 84.61K | 115.51K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 325K | 0 | 0 | 47.81K | 131.57K | 0 | 0 | 9.67M | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.24M | 1.36M | 2.96M | 2.21M | 9.09M | 2.93M | 9.29M | 5.26M | 3.55M | 4.09M | 25.8M | 27.55M | 258.85K | 291.3K | 350 | 400 |
| Total Debt | 0 | 0 | 240.88K | 224.42K | 7.84M | 742.37K | 6.46M | 2.73M | 1.97M | 2.52M | 5.66M | 1.02M | 48.42K | 224.62K | 0 | 0 |
| Net Debt | -1.19M | -4.61M | -8.23M | -9.95M | 4.6M | -5.02M | 2.7M | 2.16M | -3M | -1.9M | 4.97M | 667.54K | -110.88K | 219.27K | -150 | -2K |
| Debt / Equity | 0.00x | - | 0.02x | 0.02x | 27.66x | 0.07x | 1.41x | 0.33x | 0.13x | 0.19x | - | - | 0.09x | 0.87x | - | - |
| Debt / EBITDA | -0.00x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.07x | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00x | - |
| Interest Coverage | -3468.57x | -1156.41x | -290.80x | -16.70x | -15.57x | -27.70x | -10.62x | -26.79x | -12.19x | -12.05x | -1.72x | -31.26x | -11.77x | -202.26x | - | - |
| Total Equity | 5.2M | 8.62M | 11.52M | 13.2M | 283.54K | 10.9M | 4.58M | 8.28M | 14.59M | 12.94M | -13.25M | -24.08M | 518.19K | 257.21K | -200 | 1.6K |
| Equity Growth % | -128.88% | -25.11% | -12.75% | 4554.7% | -97.4% | 137.91% | -44.66% | -43.28% | 12.75% | 197.65% | 44.97% | -4746.97% | 101.47% | 128703% | -112.5% | - |
| Book Value per Share | 0.32 | 0.66 | 1.13 | 2.14 | 0.09 | 4.09 | 2.03 | 3.98 | 8.15 | 9.18 | -14.62 | -32.89 | 0.77 | 0.97 | -0.00 | 0.02 |
| Total Shareholders' Equity | 5.2M | 8.62M | 11.52M | 13.2M | 283.54K | 10.9M | 4.58M | 8.28M | 14.59M | 12.94M | -13.25M | -24.08M | 518.19K | 257.21K | -200 | 1.6K |
| Common Stock | 1.61K | 1.61K | 1.09K | 945 | 2.53K | 2.33K | 1.96K | 51.81K | 47.9K | 40.33K | 23.47K | 18.79K | 16.35K | 16.06K | 150 | 2K |
| Retained Earnings | -196.2M | -191.74M | -173.81M | -159.53M | -140.13M | -115.9M | -98.23M | -86.94M | -76.44M | -66.41M | -48.93M | -39.07M | -2.4M | -1.49M | -3.19K | -1.34K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 10.05K | 10.05K | 10.12K | 12.62K | 155.93K | 211.49K | 160.64K | 177.38K | 207.75K | 254.85K | 308.61K | 51.56K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Imminent liquidity shortfall risk
As reported in recent financial statements, authID's total assets have contracted from $20.2M in 2024Q2 to $6.4M by 2026Q1, reflecting a consistent and aggressive depletion of the company's resource base as it attempts to fund its ongoing operational losses through existing cash reserves.
The downward trend in total assets suggests that the company is consuming its balance sheet to sustain operations rather than generating internal growth. This trajectory implies that the current business model is not yet self-funding, necessitating a strategic pivot or external capital injection to prevent further degradation of the firm's financial position.
Based on the company's reported figures, cash reserves have plummeted from a peak of $14.4M in 2024Q2 to just $1.2M in 2026Q1, indicating a severe tightening of the liquidity buffer that leaves the firm with limited flexibility to navigate operational volatility or unexpected market shocks.
The current ratio of 1.71, while technically above parity, masks the underlying reality of a rapidly shrinking cash runway. Investors should monitor this closely, as the current burn rate relative to the remaining cash balance suggests that the company may face significant liquidity constraints in the immediate future.
According to historical balance sheet data, retained earnings have deteriorated to a deficit of $196.2M as of 2026Q1, highlighting the persistent and substantial losses that have historically eroded the company's equity base and continue to challenge its long-term financial viability.
The massive accumulated deficit underscores the difficulty the company has faced in achieving a profitable scale. This trend suggests that future equity value remains highly sensitive to the company's ability to reverse its operational losses, as the current equity position is largely supported by past capital raises rather than organic earnings.
As indicated by the balance sheet, goodwill remains static at $4.2M, which represents a significant portion of the company's $6.4M total assets, suggesting that a large part of the firm's valuation is tied to intangible assets that may be subject to future impairment risks.
The high concentration of goodwill relative to total assets warrants further investigation, as it implies that the company's book value is heavily reliant on historical acquisitions rather than tangible, productive assets. If the IDaaS transition fails to yield expected returns, this goodwill could become a source of significant balance sheet volatility.
Quick answers to the most common questions about buying AUID stock.
As of 2025, authID Inc. (AUID) had total assets of $10.0M including $5.7M in current assets.
authID Inc. (AUID) carries total debt of $0.0M, offset by $4.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
authID Inc. (AUID) has total shareholders' equity (book value) of $8.6M ($0.66 book value per share). Book value represents the net worth of the company belonging to common stock holders.
authID Inc. (AUID) reported a current ratio of 4.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.