authID (AUID) investor relations material

Executive summary

• Significant market interest and advanced enterprise engagements driven by urgent identity security needs, especially due to deepfakes and rogue AI agents.

• Major enterprise wins and expanded partnerships, including a top-20 global retailer, NESIC, MajorKey Technologies, and a fintech platform serving over 100 banks, drove platform adoption.

• Product innovation included PrivacyKey recognition, IDX launch for distributed workforces, and Mandate Framework for agentic AI security.

• Technology recognized with industry awards and embedded in major ecosystems like Microsoft and ServiceNow.

• OEM and platform partnerships expanded reach into new verticals and geographies.

Financial highlights

• Q4 2025 revenue was $0.4 million, doubling from $0.2 million in Q4 2024; full-year revenue reached $2.0 million, up 129% year-over-year.

• Operating expenses for Q4 were $4.5 million, down from $4.9 million last year; full-year operating expenses rose to $20.2 million due to sales and R&D investments.

• Net loss for Q4 was $4.0 million (including $1.1 million non-cash charges); full-year net loss was $17.9 million (including $3.8 million non-cash charges).

• Adjusted EBITDA loss for Q4 improved to $3.0 million from $4.1 million last year; full-year adjusted EBITDA loss was $14.4 million.

• ARR as of Q4 was $1.8 million, up from $0.8 million a year ago.

Outlook and guidance

• Momentum expected to increase in 2026 with new integrations and enterprise wins, including ServiceNow and a major workforce solutions provider.

• Multiple large customers are entering live production pilots, with six companies in Proof of Concept stage as of March.

• RPO expected to resume growth in 2026 as new enterprise deals close and earlier contract issues are resolved.

• Pipeline of over $30 million in active engagements, with longer sales cycles but increasing enterprise traction.