Authid Inc. · NASDAQ:AUID
Authid — Investor Presentation (January 2025)
22 slides from Authid's investor presentation, Jan 14, 2025
Slide 1: Investor Presentation January 2025
© 2025 authID Inc. All Rights Reserved. Investor Presentation January 2025 NASDAQ: AUID
Slide 2: Disclaimers & Forward-Looking Statements
© 2025 authID Inc. All Rights Reserved. - 2 - Disclainers s Forward - Looking Statenents This Presentation and information provided at a webcast or meeting at which it is presented (the “Presentation") has been prepared on the basis of information furnished by the management of authID Inc. (“authID”
Slide 3: What We Do
© 2025 authID Inc. All Rights Reserved. WHAT WE DO Artificial Intelligence is producing the nost realistic, inauthentic content the world has ever seen. The only way to allow conpanies to ensure authenticity is to give then the capability to trust the physical presence of an individual hunan being.
Slide 4: New Leadership with $100M+ ARR Expertise in ID Verification
New Leadership w/ $100M+ ARR Expertise in ID Verification Rhon Daguro CHIEF EXECUTIVE OFFICER s DIRECTOR © 2024 authID Inc. All Rights Reserved. - 4 - © 2025 authID Inc. All Rights Reserved. Rhon brings proven success in building multiple profitable software and professional services firms, and over
Slide 5: The Current Identity Authentication Flow
• Passwords • Multi - Factor • One Time Password • Device - specific Passkeys (e.g. Apple Face ID, Google Face Unlock) The Current Identity Authentication Flow Companies believe the user is legitimate Login Wire Transfers Employees Benefits Contractors Account Recovery Call Center/Help Desk © 2024 a
Slide 6: Fraud Exists Because Current Security is Not Enough
Fraudsters compromise devices Companies incorrectly assume the user is legitimate Fraud Exists Because Current Security is Not Enough AI “Deepfakes” fool existing biometric solutions Login © 2024 authID Inc. All Rights Reserved. - 6 - © 2025 authID Inc. All Rights Reserved. Wire Transfers Employees
Slide 7: authID Aims to Eliminate Fraud Completely
authID will match on the "live" person to the biometric record in 700 milliseconds authID Ains to Elininate Fraud Conpletely authID looks beyond the device and can detect and stop Deep Fakes Login © 2024 authID Inc. All Rights Reserved. - 7 - © 2025 authID Inc. All Rights Reserved. Wire Transfers Em
Slide 8: authID Biometric Proof and Authentication
authID Bionetric Proof and Authentication Identity Verification (IDV) Use authID’s Proof for identity verification to ensure the applicant’s identity exists, and the person asserting the identity is the person named in the ID. Protect the User Account Biometric captured during identity proofing bind
Slide 9: Why Customers Choose authID
Why Custoners Choose authID authID delivers what enterprises want through a combination of Speed, Accuracy, and Data Privacy Others Vs. Enterprise Requirenents 7 - 10s 700ns Delivers UX consistent with Apple Face ID and Google Face Unlock Low friction Ease of use 1 Speed 1 to 100,000 1 to 1 Billion
Slide 10: Go-to-Market Strategy & Momentum
Go - to - Market Strategy s Monentun © 2025 authID Inc. All Rights Reserved.
Slide 11: Explosive Growth Effect of AI On ID Security Market
Explosive Growth Effect of AI On ID Security Market Social Engineering Deepfake Conference Call SMS Scam Body Double / Shared Credentials All PII Data is Already Compromised Every Dimension of Fraud Has Increased on existing applications and new applications are being created at a faster rate than e
Slide 12: Timing is Right for Biometric ID Verification & Authentication
Tining is Right for Bionetric ID Verification s Authentication • Market adoption of biometrics has arrived , driven by Apple FaceID, CLEAR, TSA, Global Entry, & Aadhaar. • The emergence of generative AI is contributing to explosive growth in fraud. • Digital transformation is driving massive growth
Slide 13: Our Go-To-Market (GTM) Approach
Our Go - To - Market (GTM) Approach Our Go - To - Market approach leverages a mix of customer profiles that position us to achieve early wins and accelerate growth through the first 2 - 3 years FAST 100 Mid - Size / High Growth • Smaller, fast - moving organizations that require minimal product cust
Slide 14: Our Path to Achieving $100M+ in Bookings
$0.2M $3M $9M $18M $36M A bookings growth pattern of T2D3 (3x/3x/2x/2x/2x) from 2023 - 2027 would put us a path to $100M+ in cumulative bookings $72M 2022 2024 2025 2026 Achieved in 2023 On track in 2024 2x 2x 3x >3x 2023 Our Path to Achieving $100M+ in Bookings 2x 2027 $138M $66M $30M $12M $3M $<1M
Slide 15: How our Bookings Convert to Revenue
• Contract bookings are expected to convert to Revenue over a 3 - year period as customers go - live with the service and ramp usage to their full volume expectations. • For example, $100 in Year 0 bookings translate into approximately $20 - 50 in revenue in Year 1 from recognition of contractual co
Slide 16: How We Measure Success
How We Measure Success - 16 - © 2025 authID Inc. All Rights Reserved. Sales Pipeline • Total annual value of deals in an active sales stage • Rate of addition of new deals to the pipeline 1 Booked Annual Recurring Revenue (bARR) • Annual value of signed deals • Comprised of annual customer commitmen
Slide 17: Capital Allocation Priorities
Capital Allocation Priorities Investnent in Organic Business Growth • Investing to scale our Sales C Go - to - Market engine • Investing in our technology C engineering to support our product roadmap, unlock enterprise use cases and scale usage Strategic MsA to Accelerate Growth • Accelerated Revenu
Slide 18: Financial Highlights
Financial Highlights © 2025 authID Inc. All Rights Reserved.
Slide 19: Q3 2024 GAAP Financial Results
Q3 2024 GAAP Financial Results 3 and 9 months Ended September 30, 2024 * 2023 Operating Expenses reflect a $3.4M one - time, non - cash reversal of stock - based compensation from Q1’23 terminations Net Loss from Non - Cash C One - Time Revenue Operating Expenses* Continuing Operations Severance Cha
Slide 20: Q3 2024 Non-GAAP Financial Results
Q3 2024 Non - GAAP* Financial Results Q3 2023 Q3 2024 * See Q3 2024 Earnings Press Release for important information about Non - GAAP Measures **cARR = Committed Annual Recurring Revenue, Est. UAC = Estimated Usage Above Commitment Q2 2023 Q2 2024 3m o 9m o bARR Booked Annual Recurring Revenue** ARR
Slide 21: Revenue Growth Stages
Revenue Growth Stages Progressing through our growth stages to build a sustainable, recurring revenue stream - 21 - © 2025 authID Inc. All Rights Reserved. Q3 ‘24 YTD Progress 2023 FY Results Measurement Stage $1.88M (+$0.61M vs. Q3 ’23 YTD) $2.94M Booked Annual Recurring Revenue (bARR) Secure new c
Slide 22: Contacts
© 2025 authID Inc. All Rights Reserved. Contacts Investor Relations Gateway Group, Inc. Cody Slach and Alex Thompson 1 - 949 - 574 - 3860 AUID@gateway - grp.com Investor - Relations@authid.ai