authID reports Q1 2026: revenue $0.5M, net loss $4.5M, adjusted EBITDA loss $3.4M
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authID reported Q1 2026 results with revenue of $0.5M and a net loss of $4.5M, or $0.28 per share. Adjusted EBITDA loss improved to $3.4M from $3.9M a year earlier. The company secured $4.2M in bridge financing post-quarter and is advancing enterprise proofs of concept. Revenue increased from $296K in Q1 2025 to $480K in Q1 2026. Operating expenses rose to $4.96M. Annual recurring revenue (ARR) reached $1.9M, up from $1.2M a year prior. Remaining Performance Obligation (RPO) stands at $2.0M, with 71% expected to be recognized as revenue within the next year.
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