Authid Inc. balance sheet
At the end of fiscal 2025, Authid Inc. had total assets of $10.0m, total liabilities of $1.4m and shareholders' equity of $8.6m. It held $4.6m in cash against $0 of debt: net cash of $4.6m.
Balance sheet
| Fiscal year | 2012Dec 2012 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0 | 4 | 5 | 1 | 4 | 6 | 3 | 10 | 8 | 5 | 1 |
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Inventory | — | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Total current assets | 0 | 5 | 6 | 2 | 4 | 7 | 4 | 11 | 10 | 6 | 3 |
| Goodwill | — | 7 | 7 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Total assets | 0 | 17 | 18 | 14 | 14 | 14 | 9 | 15 | 14 | 10 | 7 |
| Accounts payable | 0 | 0 | 0 | 1 | 0 | — | — | — | — | — | — |
| Deferred revenue (current) | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Total current liabilities | 0 | 2 | 2 | 3 | 3 | 3 | 1 | 2 | 3 | 1 | 5 |
| Short-term debt | — | — | 2 | 2 | 0 | 0 | — | — | — | — | — |
| Long-term debt | — | 3 | 2 | 2 | 0 | 0 | 0 | — | — | — | — |
| Total debt | 0 | 3 | 2 | 4 | 6 | 1 | 8 | 0 | — | 0 | 0 |
| Total liabilities | 0 | 4 | 4 | 5 | 9 | 3 | 9 | 2 | 3 | 1 | 5 |
| Shareholders' equity | 0 | 13 | 15 | 8 | 5 | 11 | 0 | 13 | 12 | 9 | 2 |
| Net debt (negative = net cash) | −0 | −1 | −3 | 3 | 3 | −5 | 5 | −10 | −8 | −5 | −1 |
| Shares outstanding | — | — | — | — | — | — | 6m | — | 11m | 16m | 16m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 |
| Total current assets | 13 | 10 | 6 | 11 | 6 | 6 | 2 | 3 |
| Goodwill | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Total assets | 17 | 14 | 10 | 16 | 11 | 10 | 6 | 7 |
| Deferred revenue (current) | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 1 |
| Total current liabilities | 2 | 3 | 2 | 3 | 2 | 1 | 1 | 5 |
| Total liabilities | 2 | 3 | 2 | 3 | 2 | 1 | 1 | 5 |
| Shareholders' equity | 16 | 12 | 8 | 13 | 9 | 9 | 5 | 2 |
| Shares outstanding | 11m | 11m | 11m | 13m | 13m | 16m | 16m | 16m |
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