authID (AUID) Q3 2026 earnings summary

Executive summary

• Q3 net revenue was $263K versus negative $106K a year earlier; 9M revenue was $1.23M versus $1.63M, while the 9M net loss narrowed to $13.30M from $13.90M.

• Liquidity remains constrained: cash was $954K, working capital deficit was $4.8M, and substantial doubt about the ability to continue as a going concern was stated.

Financial highlights

• Q3 operating loss was $3.17M versus $5.23M in 2025; 9M operating loss was $11.71M versus $14.08M.

• Q3 net loss was $4.08M versus $5.17M; 9M net loss was $13.30M versus $13.90M.

• Adjusted EBITDA loss, non-GAAP, was $2.06M in Q3 versus $4.12M; 9M loss was $8.30M versus $11.38M.

• Q3 G&A declined by ~$1.3M YoY and 9M G&A by ~$2.5M; R&D decreased ~$0.4M in Q3 and ~$0.3M in 9M.

Outlook and guidance

• Management expects to raise additional funds for operations and investment, and to repay or refinance secured debentures; additional financing may not be available on acceptable terms.

• ~$3.03M of remaining performance obligations included $1.38M deferred revenue; ~74% expected to be recognized in the 12 months ending September 30, 2027, subject to customer usage.

• Growth plans center on expanding existing-customer usage, winning new customers through direct sales and channel partners, and entering new markets; revenue growth depends on execution.