Authid Inc. income statement
In fiscal 2025, Authid Inc. reported revenue of $2.0m, up 130.2% on the year before, operating income of −$18.2m (a -889.6% margin) and net income of −$17.9m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 2 | 4 | 3 | 2 | 1 | 1 | 0 | 1 | 2 | 1 |
| Cost of revenue | — | 1 | 1 | 1 | — | — | — | — | — | — | — |
| Gross profit | 1 | 2 | 3 | 2 | — | — | — | — | — | — | — |
| Research and development | — | 0 | 1 | 2 | 1 | 3 | 6 | 3 | 6 | 8 | 8 |
| Selling and marketing | — | — | — | — | — | 0 | 0 | — | — | — | — |
| General and administrative | 1 | 13 | 10 | 8 | 7 | 13 | 15 | 8 | 9 | 12 | 11 |
| Operating income | 0 | −12 | −9 | −10 | −9 | −17 | −22 | −11 | −15 | −18 | −18 |
| Interest expense | — | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Income before tax | 0 | −17 | −10 | −10 | −11 | −17 | −24 | −20 | −14 | −18 | −18 |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Net income | 0 | −17 | −10 | −11 | −11 | −18 | −24 | −19 | −14 | −18 | −18 |
| Diluted EPS | $0.04 | −$0.03 | −$0.08 | −$0.01 | −$2.52 | −$3.32 | — | — | — | — | −$1.22 |
| Diluted shares (average) | 5m | 85m | 107m | 125m | 5m | 5m | 6m | 6m | 10m | 13m | 15m |
| EBITDA | 0 | −12 | −9 | −9 | −8 | −16 | −22 | −10 | −15 | −18 | −18 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 249 | 200 | 296 | 1,445 | −106 | 406 | 480 | 491 |
| Research and development | 1,616 | 2,029 | 1,999 | 1,979 | 1,785 | 1,926 | 2,113 | 2,048 |
| General and administrative | 2,103 | 2,815 | 2,646 | 3,907 | 3,325 | 2,539 | 2,836 | 2,491 |
| Operating income | −3,513 | −4,693 | −4,378 | −4,471 | −5,233 | −4,071 | −4,481 | −4,059 |
| Interest expense | 13 | 13 | 13 | 0 | 2 | 1 | 2 | 8 |
| Income before tax | −3,365 | −4,594 | −4,339 | −4,385 | −5,173 | −4,035 | −4,464 | −4,757 |
| Net income | −3,365 | −4,594 | −4,339 | −4,385 | −5,173 | −4,035 | −4,464 | −4,757 |
| EBITDA | −3,470 | −4,645 | −4,344 | −4,441 | −5,217 | −4,059 | −4,469 | −4,048 |
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