Monitor upcoming quarters for signs of recovery in bARR and RPO; the current collapse suggests deep operational issues with customer onboarding and contract fulfillment that could undermine future revenue growth. The improving EPS is misleading without sustainable top-line growth.
Price Chart
Executive Summary
authID reported Q4 2025 results with $0.4M revenue (up 100% YoY) and a $0.28 loss per share (improved from $0.42). Despite revenue growth, net bARR collapsed to -$1.0M from +$6.9M YoY, and RPO plummeted 85% to $2.2M, signaling severe customer contract execution issues. The stock will likely react negatively due to deteriorating commercial fundamentals.
Key Financial Metrics
Key Facts
- Q4 2025 revenue: $0.4M (+100% YoY), net loss per share: $0.28 (improved from $0.42 YoY)
- Net Booked Annual Recurring Revenue (bARR) was -$1.0M vs. +$6.9M in Q4 2024, a collapse of over $7.9M
- Remaining Performance Obligation (RPO) dropped 85% YoY to $2.2M from $14.3M
- Company attributes negative bARR and RPO decline to 'delays in Production Go-Live timing, volume ramping and challenges meeting contractual obligations'
- Cash balance decreased by $3.9M to $4.6M over the year, with operating cash flow of -$15.0M
Financial Impact
Revenue grew 100% YoY to $0.4M, but key commercial metrics collapsed: net bARR fell $7.9M YoY to -$1.0M and RPO dropped 85% to $2.2M, indicating severe customer contract execution problems.
Risk Factors
- Severe deterioration in customer contract execution, as evidenced by negative net bARR and an 85% drop in RPO
- Cash burn of $15.0M in 2025, leaving only $4.6M in cash, raising concerns about liquidity
- Management's optimistic narrative about 'final stages of sales cycles' contradicts the collapsing commercial metrics
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-037523 |
| Document: ea0284377-8k_authid.htm | 0001213900-26-037523 |
| Document: 0001213900-26-037523-index-headers.html | 0001213900-26-037523 |
| Document: 0001213900-26-037523-index.html | 0001213900-26-037523 |
| Document: 0001213900-26-037523.txt | 0001213900-26-037523 |
| 8-K Data (Synthetic) | 0001213900-26-037523 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 8-K | $0.3496 | awaiting T+60 | — | $0.3255 (+6.89%) |
Oct 5, 2026 21d ago | Press Release | $0.3872 | awaiting T+60 | — | $0.3255 (+15.93%) |
Sep 2, 2026 7w ago | 8-K | $0.4100 | awaiting T+60 | — | $0.3255 (+20.61%) |
Aug 14, 2026 10w ago | 8-K | $0.4000 | awaiting T+60 | — | $0.3255 (+18.62%) |
Aug 14, 2026 10w ago | Press Release | $0.4000 | awaiting T+60 | — | $0.3255 (+18.62%) |
Jul 6, 2026 16w ago | Press Release | $1.19 $0.3648 | ▼ −69.34% | ▼ −71.25% | $0.3255 (−72.65%) |
May 14, 2026 23w ago | 8-K | $1.17 $0.5710 | ▲ +51.20% | ▲ +55.71% | $0.3255 (+72.18%) |
May 11, 2026 24w ago | 8-K | $1.15 $0.7090 | ▼ −38.35% | ▼ −42.73% | $0.3255 (−71.70%) |
May 6, 2026 24w ago | Press Release | $1.24 $0.7130 | ▼ −42.50% | ▼ −46.33% | $0.3255 (−73.75%) |
May 1, 2026 25w ago | 8-K | $1.31 $0.5938 | ▲ +54.67% | ▲ +56.53% | $0.3255 (+75.15%) |
US Market Status
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