authID Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 14, 2025
AUID$0.19-12.4%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024
CONDENSED CONSOLIDATED BALANCE SHEETS
| June 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| (unaudited) | ||
| ASSETS | ||
| Current Assets: | ||
| Cash | $8,300,280 | $8,471,561 |
| Accounts receivable, net | 1,079,776 | 97,897 |
| Contract assets | 564,070 | 426,859 |
| Deferred contract costs | 697,304 | 617,918 |
| Other current assets, net | 833,875 | 460,192 |
| Total current assets | 11,475,305 | 10,074,427 |
| Intangible Assets, net | 154,977 | 213,718 |
| Goodwill | 4,183,232 | 4,183,232 |
| Total assets | $15,813,514 | $14,471,377 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses | $1,357,194 | $1,715,410 |
| Commission liability | 308,194 | 459,657 |
| Severance liability | - | 325,000 |
| Convertible debt, net | - | 240,884 |
| Deferred revenue | 1,154,402 | 215,237 |
| Total current liabilities | 2,819,790 | 2,956,188 |
| Total liabilities | $2,819,790 | $2,956,188 |
| Commitments and Contingencies (Note 8) | ||
| Stockholders’ Equity: | ||
| Common stock, $0.0001 par value, 150,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 13,443,740 and 10,920,909 shares issued and outstanding as of June 30, 2025 and December 31, 2024 | 1,344 | 1,092 |
| Additional paid-in capital | 195,515,123 | 185,312,508 |
| Accumulated deficit | (182,532,775) | (173,808,529) |
| Accumulated comprehensive income | 10,032 | 10,118 |
| Total stockholders’ equity | 12,993,724 | 11,515,189 |
| Total liabilities and stockholders’ equity | $15,813,514 | $14,471,377 |
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