Revenue growth remains highly volatile, with a 103.2% year-over-year increase in 2025Q4 failing to offset a structural operating margin of -889.59% driven by excessive fixed costs.
authID Inc. (AUID) annual income statement — 15-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 1.27M | 2.04M | 886.49K | 190.29K | 527.41K | 613.52K | 2.14M | 2.55M | 3.83M | 2.3M | 1.93M | 735.36K | 0 | 0 | 7.7M | 0 |
| Revenue Growth % | -41.97% | 130.2% | 365.86% | -63.92% | -14.03% | -71.34% | -16.12% | -33.35% | 66.19% | 19.38% | 162.46% | - | - | -100% | - | - |
| Cost of Goods Sold | 23.4K | 0 | 0 | 0 | 0 | 0 | 661.63K | 669.52K | 1.26M | 589.25K | 492.24K | 0 | 0 | 0 | 6.5M | 0 |
| COGS % of Revenue | - | - | - | - | - | - | 30.91% | 26.24% | 32.83% | 25.58% | 25.5% | - | - | - | 84.47% | - |
| Gross Profit | 1.25M | 2.04M | 886.49K | 190.29K | 527.41K | 613.52K | 1.48M | 1.88M | 2.57M | 1.71M | 1.44M | 735.36K | 0 | 0 | 1.2M | 0 |
| Gross Margin % | 98.16% | 100% | 100% | 100% | 100% | 100% | 69.09% | 73.79% | 67.17% | 74.39% | 74.51% | 100% | - | - | 15.53% | - |
| Gross Profit Growth % | - | 130.2% | 365.86% | -63.92% | -14.03% | -58.52% | -21.45% | -26.79% | 50.06% | 19.19% | 95.55% | - | - | -100% | - | - |
| Operating Expenses | 19.09M | 20.19M | 15.57M | 10.94M | 22.8M | 17.7M | 10.49M | 11.97M | 11.89M | 13.72M | 15.01M | 9.63M | 767.85K | 971.46K | 1M | 1.34K |
| OpEx % of Revenue | - | 989.59% | 1756.46% | 5748.32% | 4322.57% | 2884.94% | 489.98% | 468.97% | 310.66% | 595.62% | 777.46% | 1309.69% | - | - | 13.03% | - |
| Selling, General & Admin | 11.19M | 12.42M | 9.15M | 8.09M | 14.68M | 12.83M | 6.74M | 7.89M | 11.19M | 13.03M | 14.24M | 9M | 717.5K | 882.92K | 960.54K | 0 |
| SG&A % of Revenue | - | 608.48% | 1032.07% | 4253.72% | 2782.81% | 2091.52% | 315.01% | 309.25% | 292.32% | 565.36% | 738% | 1224.29% | - | - | 12.48% | - |
| Research & Development | 7.87M | 7.69M | 6.24M | 2.59M | 6.27M | 2.88M | 1.16M | 1.61M | 208.31K | 222.07K | 340.32K | 480.79K | 1.5K | 44K | 0 | 0 |
| R&D % of Revenue | - | 376.78% | 704.19% | 1360.15% | 1188.66% | 469.25% | 54.26% | 63.24% | 5.44% | 9.64% | 17.63% | 65.38% | - | - | - | - |
| Other Operating Expenses | 39.68K | 88.43K | 179.07K | 255.86K | 1.85M | 1.99M | 2.58M | 2.46M | 493.7K | 475.21K | 421.49K | 147.05K | 48.84K | 44.53K | 0 | 1.34K |
| Operating Income | -17.84M | -18.15M | -14.68M | -10.75M | -22.27M | -17.09M | -9.01M | -10.09M | -9.32M | -12.01M | -13.57M | -8.9M | -768K | -971.46K | -1.85K | -1.34K |
| Operating Margin % | -1404.38% | -889.59% | -1656.46% | -5648.32% | -4222.57% | -2784.94% | -420.89% | -395.22% | -243.48% | -521.22% | -702.95% | -1209.74% | - | - | -0.02% | - |
| Operating Income Growth % | - | -23.63% | -36.62% | 51.74% | -30.34% | -89.64% | 10.67% | -8.18% | 22.37% | 11.48% | -52.51% | -1058.33% | 20.94% | -52411.08% | -37.75% | - |
| EBITDA | -17.79M | -18.07M | -14.51M | -10.49M | -22.22M | -16.86M | -7.76M | -9.3M | -8.83M | -11.53M | -13.15M | -8.75M | -719.16K | -926.92K | 40.16K | -1.34K |
| EBITDA Margin % | -1400.34% | -885.26% | -1636.26% | -5513.86% | -4212.24% | -2748.23% | -362.47% | -364.25% | -230.59% | -500.6% | -681.11% | -1189.74% | - | - | 0.52% | - |
| EBITDA Growth % | -5.26% | -24.54% | -38.25% | 52.77% | -31.76% | -117.3% | 16.53% | -5.28% | 23.45% | 12.26% | -50.25% | -1116.55% | 22.41% | -2407.85% | 3090.62% | - |
| D&A (Non-Cash Add-back) | 51.38K | 88.43K | 179.07K | 255.86K | 54.48K | 225.26K | 1.25M | 790.37K | 493.7K | 475.21K | 421.49K | 147.05K | 48.84K | 44.53K | 42.01K | 0 |
| EBIT | -18.42M | -17.92M | -14.23M | -18.51M | -21.17M | -16.25M | -10.29M | -10.06M | -9.24M | -16.12M | -6.22M | -35.54M | -768K | -971.43K | 192.31K | -1.34K |
| Net Interest Income | 116.42K | 220.64K | 406.3K | -1.01M | -1.36M | -586.85K | -969.4K | -376K | -758K | -1.34M | -3.63M | -1.14M | 0 | -4.78K | 0 | 0 |
| Interest Income | 129.12K | 236.13K | 455.23K | 98.23K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 12.7K | 15.49K | 48.93K | 1.11M | 1.36M | 586.85K | 969.4K | 375.6K | 757.8K | 1.34M | 3.63M | 1.14M | 65.22K | 4.8K | 0 | 0 |
| Other Income/Expense | -585.3K | 220.64K | 406.3K | -8.87M | -1.4M | 385.32K | -2.25M | -352K | -674K | -5.44M | 3.72M | -27.78M | -137K | -4.78K | 0 | 0 |
| Pretax Income | -18.43M | -17.93M | -14.28M | -19.62M | -23.67M | -16.7M | -11.26M | -10.44M | -10M | -17.45M | -9.85M | -36.68M | -905K | -976.24K | 192.31K | -1.34K |
| Pretax Margin % | -1450.45% | -878.78% | -1610.63% | -10308.06% | -4487.48% | -2722.14% | -526.11% | -408.97% | -261.09% | -757.51% | -510.26% | -4987.87% | - | - | 2.5% | - |
| Income Tax | 0 | 0 | 0 | 2.86K | 7.67K | 10.75K | 36.32K | 62.93K | 30.24K | 28.78K | 2.95K | 0 | 0 | 4.78K | -42.01K | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | -0.01% | -0.03% | -0.06% | -0.32% | -0.6% | -0.3% | -0.16% | -0.03% | 0% | 0% | -0.49% | -21.85% | 0% |
| Net Income | -18.43M | -17.93M | -14.28M | -19.4M | -24.23M | -17.67M | -11.3M | -10.5M | -10.03M | -17.48M | -9.85M | -36.68M | -905K | -976.24K | 192.31K | -1.34K |
| Net Margin % | -1450.38% | -878.78% | -1610.63% | -10195.22% | -4594.15% | -2879.43% | -527.81% | -411.44% | -261.9% | -758.77% | -510.41% | -4987.87% | - | - | 2.5% | - |
| Net Income Growth % | -10.46% | -25.6% | 26.4% | 19.93% | -37.16% | -56.35% | -7.61% | -4.71% | 42.64% | -77.46% | 73.14% | -3952.93% | 7.3% | -607.63% | 14419.66% | - |
| Net Income (Continuing) | -18.43M | -17.93M | -14.28M | -19.62M | -23.68M | -16.71M | -11.3M | -10.5M | -10.03M | -17.48M | -9.85M | -36.68M | -905K | -976.24K | 192.31K | -1.34K |
| Discontinued Operations | 0 | 0 | 0 | 217.59K | -554.91K | -954.29K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.12 | -1.38 | -1.40 | -3.15 | -7.90 | -6.63 | -5.00 | -5.05 | -5.60 | -12.00 | -10.87 | -50.40 | -1.35 | -3.68 | -0.02 | -0.02 |
| EPS Growth % | 19.61% | 1.43% | 55.56% | 60.13% | -19.16% | -32.6% | 0.99% | 9.82% | 53.33% | -10.4% | 78.43% | -3633.33% | 63.32% | -16040.35% | -41.61% | - |
| EPS (Basic) | - | -1.38 | -1.40 | -3.15 | -7.72 | -6.63 | -5.00 | -5.05 | -5.60 | -12.00 | -10.87 | -50.40 | -1.35 | -3.68 | -0.02 | -0.02 |
| Diluted Shares Outstanding | 16.52M | 13.01M | 10.2M | 6.15M | 3.06M | 2.67M | 2.26M | 2.08M | 1.79M | 1.41M | 906.54K | 732.07K | 672.52K | 265.21K | 83.33K | 83.33K |
| Basic Shares Outstanding | 16.52M | 13.01M | 10.2M | 6.15M | 3.06M | 2.67M | 2.26M | 2.08M | 1.79M | 1.41M | 906.53K | 732.06K | 672.52K | 265.21K | 83.33K | 83.33K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quick answers to the most common questions about buying AUID stock.
For fiscal year 2025, authID Inc. (AUID) reported total revenue of $2.0M.
authID Inc. (AUID) reported a net loss of $17.9M for the fiscal year ending 2025.
authID Inc. (AUID) reported an operating income of $-18.2M, resulting in an operating profit margin of -889.6%. This margin reflects the operational efficiency of the business before interest and taxes.
authID Inc. (AUID) generated $2.0M in gross profit for the year, representing a gross profit margin of 100.0%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Unsustainable cash burn rate
Metrics are mathematically derived from official filings.
Volatile Revenue Scaling Patterns
As reported in recent financial filings, authID's revenue trajectory remains highly erratic, characterized by a 103.2% year-over-year growth in 2025Q4 followed by significant quarterly fluctuations, suggesting that the company's transition to an IDaaS model has yet to achieve consistent, predictable commercial momentum across its enterprise client base.
The extreme volatility in quarterly revenue figures indicates that the company is likely reliant on lumpy, project-based implementations rather than a stable recurring subscription base. Investors should monitor whether the recent growth spikes represent sustainable adoption of the biometric platform or merely the timing of non-recurring setup fees.
Atypical Gross Margin Profile
Based on the provided income statement data, authID reports a 100% gross margin in multiple periods, which warrants significant skepticism as it implies the absence of any variable costs associated with cloud hosting, third-party verification, or legacy hardware production, potentially masking the true cost of service delivery.
This unusual margin profile suggests that the company may be misclassifying essential cost-of-goods-sold items into operating expenses. A more rigorous accounting treatment would likely reveal a lower, more realistic gross margin, which is critical for assessing the long-term viability of the company's unit economics.
Fixed Cost Base Dominance
According to the company's historical income statements, operating expenses consistently dwarf revenue, with R&D and SG&A spending resulting in an operating margin of -889.59%, highlighting a structural inability to scale the business without incurring massive, persistent losses that threaten the company's long-term financial stability.
The heavy reliance on high R&D and SG&A spending suggests that the company is prioritizing aggressive market penetration and product development over immediate profitability. Without a clear path to operating leverage, the current cost structure appears to be a significant drag on shareholder value.
Dilutive Impact of Compensation
As indicated by the financial data, stock-based compensation represents a substantial portion of the company's operating expenses, reaching over $1M in several quarters, which suggests that reported net losses may understate the true economic cost of operations and the ongoing dilution of existing equity holders.
The reliance on equity-based incentives to manage cash burn is a common strategy for early-stage firms, but it complicates the assessment of true operational performance. Analysts should adjust for these non-cash charges to better understand the underlying cash-burn velocity and the sustainability of the current compensation model.
Capital Structure and Solvency
Based on the reported figures, the company's cash position of approximately $4.6M against massive quarterly operating losses suggests a precarious financial runway, indicating that the firm may face an imminent need for dilutive capital raises to maintain its current operational trajectory in the near term.
The disconnect between the company's high-growth narrative and its actual cash-burn rate presents a significant risk to investors. Should the company fail to secure additional funding or achieve rapid revenue scale, its ability to continue as a going concern may be severely compromised.