📊 AUID Key Takeaways
Investment Thesis
authID Inc. exhibits severe operational distress with $1.6M in revenue generating a $13.9M net loss, indicating a fundamentally unprofitable business model with negative 850% net margins. The company is burning substantial cash ($11.8M operating cash outflow) despite maintaining adequate liquidity, suggesting the current cash position provides only limited runway before requiring additional financing or strategic intervention.
AUID Strengths
- Strong liquidity position with 3.53x current ratio and $4.9M cash reserves
- Minimal debt burden with 0.03x debt-to-equity ratio reducing financial distress risk
- Improving loss per share showing 60% year-over-year improvement, indicating management is making adjustments
AUID Risks
- Severely negative profitability with -850% net margin and -861% operating margin demonstrates inability to monetize operations effectively
- Massive cash burn rate of $11.8M annually against only $1.6M revenue indicates 7+ year cash depletion without achieving profitability
- Extremely low gross margin of 5.3% suggests fundamental issues with cost structure or pricing power relative to production costs
Key Metrics to Watch
- Revenue growth trajectory - must demonstrate meaningful increase to justify continued operations
- Gross margin expansion - critical to prove unit economics can support profitability
- Operating cash burn rate - must decelerate significantly or achieve break-even within 12-18 months before liquidity crisis
AUID Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 3.53x current ratio provides a solid financial cushion.
AUID Profitability Ratios
AUID vs Technology Sector
How authID Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
AUID Balance Sheet & Liquidity
AUID 5-Year Financial Trend
5-Year Trend Summary: authID Inc.'s revenue has declined by 96% over the 5-year period, indicating business contraction. The most recent EPS of $-3.19 indicates the company is currently unprofitable.
AUID Growth Metrics (YoY)
AUID Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2024 | $250.0K | -$3.4M | $-0.31 |
| Q2 2023 | $36.1K | -$6.6M | $-2.06 |
| Q1 2023 | $35.5K | -$5.2M | $-0.21 |
| Q3 2022 | $12.3K | -$5.2M | $-0.22 |
| Q2 2022 | $18.5K | -$3.1M | $-0.15 |
| Q1 2022 | $575.9K | -$2.5M | $-0.13 |
| Q3 2021 | $501.7K | -$1.9M | N/A |
| Q2 2021 | $306.7K | -$3.1M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
AUID Capital Allocation
AUID SEC Filings
Access official SEC EDGAR filings for authID Inc. (CIK: 0001534154)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AUID
What is the AI rating for AUID?
authID Inc. (AUID) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are AUID's key strengths?
Strong liquidity position with 3.53x current ratio and $4.9M cash reserves. Minimal debt burden with 0.03x debt-to-equity ratio reducing financial distress risk.
What are the risks of investing in AUID?
Severely negative profitability with -850% net margin and -861% operating margin demonstrates inability to monetize operations effectively. Massive cash burn rate of $11.8M annually against only $1.6M revenue indicates 7+ year cash depletion without achieving profitability.
What is AUID's revenue and growth?
authID Inc. reported revenue of $1.6M.
Does AUID pay dividends?
authID Inc. pays dividends, with $0.9M distributed to shareholders in the trailing twelve months.
Where can I find AUID SEC filings?
Official SEC filings for authID Inc. (CIK: 0001534154) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AUID's EPS?
authID Inc. has a diluted EPS of $-0.02.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.