Slide 1: 2024 Annual Results Conference Call
2024 Annual Results Conference Call March 13, 2025 © 2025 authID Inc. All Rights Reserved.
Slide 2: Disclaimer & Forward Looking Statements
Disclaimer & Forward Looking Statements 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” or the “Company”) and has not been independently
Slide 3: What We Do
WHAT WE DO Artificial Intelligence is producing the most realistic, inauthentic content the world has ever seen. The only way to allow companies to ensure authenticity is to give them the capability to trust the physical presence of an individual human being. This is what authID delivers. © 2025 aut
Slide 4: 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 • Smaller, fast-moving organizations that require minimal product customization Mid-Size / High • Average 3
Slide 5: 2024 Financial Performance
2024 Financial Performance Bookings Growth Customer Contractual Commitments bARR Remaining Performance Obligation (RPO) 3.1x 3.5x $9.01M $14.26M $2.94M $4.02M 2023 2024 2023 2024 -5- © 2025 authID Inc. All Rights Reserved.
Slide 6: Q4 Performance Highlights
2024 Q4 Performance Highlights We are focused on accelerating and diversifying revenue growth • Largest deal in the history of the company, $10M contract over 3 years with a Next Generation AI partner in India • Expanded relationship with Einstrong to provide Universal Basic Income payments • Contin
Slide 7: Meeting the Challenge of Generative AI Fraud
Meeting the Challenge of Generative AI Fraud • Generative AI is increasing fraud sophistication and reducing the efficacy of legacy IDV providers • Demand for effective, accessible Biometrics is increasing to meet this evolving threat • Deepfake images & video capabilities • Biometric liveness and i
Slide 8: Why Customers Choose authID
Why Customers Choose authID authID delivers what enterprises want through a combination of Speed, Accuracy, and Data Privacy Enterprise Requirements Vs. Others Low friction 700ms 1 Speed Ease of use Delivers UX consistent with Apple Face ID and 7-10s Google Face Unlock 1 to 1 Billion 2 Accuracy Elim
Slide 9: Q4 and Full Year GAAP Financial Results
2024 Q4 and Full Year GAAP Financial Results Net Loss from Non-Cash & One-Time Revenue Operating Expenses* Continuing Operations Severance Charges Net Loss Per Share ($M) ($M) ($M) ($M) Continuing Operations 0.89M 15.6M 10.9M $3.19 19.6M 10.9M 14.3M $1.40 3.3M 4.9M 3.2M 2.8M 0.20M 0.19M 4.6M 0.07M $
Slide 10: Q4 Financial Results
2024 Q4 Financial Results GAAP - Remaining Performance Obligation Period Ending QoQ YoY Q4 2024 Q3 2024 Q4 2023 Change Change Deferred Revenue $0.22M $0.33M $0.13M ($0.11M) +$0.09M Additional non-cancelable contracted $14.04M $3.50M $3.89M +$10.54M +$10.15M revenue Total Remaining Performance Obliga
Slide 11: Q4 and Full Year Non-GAAP Financial Results
2024 and Full Year Non-GAAP* Financial Results ARR bARR Adjusted EBITDA Booked Annual Recurring Revenue** Annual Recurring Loss Revenue 3 months ended Dec 31 Full Year 11.9M 0.8M 2023 Est. UAC 2023 cARR 2024 Est. UAC 2024 cARR 8.7M $9.01M $7.13M $4.33M 4.1M 0.3M $3.45M 2.7M $2.94M $1.67M $4.68M $3.6
Slide 12: Revenue Growth Stages
Revenue Growth Stages Progressing through our growth stages to build a sustainable, recurring revenue stream 2023 FY 2024 FY Stage Measurement Results Results Booked Annual Secure new customer contracts with $9.01M 1 Bookings Recurring Revenue $2.94M booked Annual Recurring Revenue (+$6.07M vs. 2023
Slide 13: Q&A
Q&A © 2025 authID Inc. All Rights Reserved.