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authID (AUID) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 13, 2025

authID (AUID) reported revenue of $200K for the fourth quarter 2024 (Q4 2024), +178% from a year earlier and -20% from the quarter before.

Revenue$200K
Year over year+178%
Quarter over quarter-20%
Operating margin—
Net earnings−$4.6M

authID, Q4 2024: revenue $200K (+178% year over year), net loss $4.6M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$200K-20%+178%
Operating profit−$4.7M——
Net earnings−$4.6M——
Operating cash flow−$3.1M——

What changed

Revenue was $200K in Q4 2024, up 178% year over year and down 20% from the previous quarter.

Operating costs exceeded revenue by $4.7M, an operating margin of -2349.3%. Total costs grew 46% against revenue growth of 178%. The fastest-growing cost line was Research & development (+91%). The quarter ended with a net loss of $4.6M, wider than the previous quarter's $3.4M loss.

Operating cash flow was −$3.1M. Non-cash charges added back $48K of depreciation and amortization and $568K of share-based compensation. Working capital and other items added $833K.

Questions

What was authID's revenue in the fourth quarter 2024?

authID (AUID) reported revenue of $200K for the fourth quarter 2024 (Q4 2024), +178% from a year earlier and -20% from the quarter before.

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Source: authID 10-K on SEC EDGAR.