AuthID reports Q3 net loss of $5.2 million on $0.6 million gross revenue

Reuters

2025/11/13

AuthID reports Q3 net loss of $5.2 million on $0.6 million gross revenue

AuthID Inc. reported gross revenue of $0.6 million for the third quarter of 2025, up from $0.2 million in the same period in 2024. Net revenue for the quarter was negative $0.1 million, compared to $0.2 million a year ago, due to one-time concessions and accounting adjustments related to customer contracts. Operating expenses rose to $5.1 million from $3.8 million, and net loss increased to $5.2 million, or $0.38 per share, from $3.4 million, or $0.31 per share, in the third quarter of 2024. Annual Recurring Revenue was $1.7 million as of September 30, 2025, compared to $1.0 million a year earlier. The company signed an agreement with an international bank for identity onboarding, verification, and authentication during the period. Gross Booked Annual Recurring Revenue was $0.2 million, down from $1.2 million in the prior year quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Authid Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574413-en) on November 12, 2025, and is solely responsible for the information contained therein.

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Net revenue for the quarter was negative $0.1 million, compared to $0.2 million a year ago, due to one-time concessions and accounting adjustments related to customer contracts. Operating expenses rose to $5.1 million from $3.8 million, and net loss increased to $5.2 million, or $0.38 per share, from $3.4 million, or $0.31 per share, in the third quarter of 2024. Annual Recurring Revenue was $1.7 million as of September 30, 2025, compared to $1.0 million a year earlier. The company signed an agreement with an international bank for identity onboarding, verification, and authentication during the period. Gross Booked Annual Recurring Revenue was $0.2 million, down from $1.2 million in the prior year quarter.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Authid Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574413-en) on November 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0314104364.USD","symbol_name":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nNDL2QdkgB:1","article_id":"2583558849","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583558849","pubTimestamp":1762981655,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"AuthID Inc. reported gross revenue of $0.6 million for the third quarter of 2025, up from $0.2 million in the same period in 2024. 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Net revenue for the quarter was negative $0.1 million, compared to $0.2 million a year ago, due to one-time concessions and accounting adjustments related to customer contracts. Operating expenses rose to $5.1 million from $3.8 million, and net loss increased to $5.2 million, or $0.38 per share, from $3.4 million, or $0.31 per share, in the third quarter of 2024. Annual Recurring Revenue was $1.7 million as of September 30, 2025, compared to $1.0 million a year earlier. The company signed an agreement with an international bank for identity onboarding, verification, and authentication during the period. Gross Booked Annual Recurring Revenue was $0.2 million, down from $1.2 million in the prior year quarter.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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