Slide 1: Q1 2025 Results Conference Call
Q1 2025 Results Conference Call May 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: CEO Remarks
CEO Remarks © 2025 authID Inc. All Rights Reserved.
Slide 4: Attacks Upon Attacks Driving authID Demand
Attacks Upon Attacks Driving authID Demand Help desks / call centers are targets of password reset attacks -4- © 2025 authID Inc. All Rights Reserved.
Slide 5: Meaningful Pipeline Progress
Meaningful Pipeline Progress We are making tangible advances in our key conversations with large Enterprise deals • Confirmed as selected vendor by a Fortune 500 enterprise prospect following a successful proof-of-concept • Signed paid live production trial agreement with Global Fortune 500 retailer
Slide 6: Two Big Bets on Innovation Paying Off
Two Big Bets on Innovation Paying Off Enterprise-ready solution Result #1 Selected as winning vendor for multiple major Fortune PrivacyKey: Develop privacy- 500 enterprises, confirming ability to meet enterprise Bet #1 preserving biometric capability into requirements and use cases authID’s SaaS Pla
Slide 7: Attracting Investment and Expert Advisors
Attracting Investment and Expert Advisors Capital Raises in Highly Experienced Expert April & May 2025 Advisor Additions Eric Swider $8.6 Million Donald Nitti We are attracting new investors & advisors and are securing the time, expertise and support to accelerate growth efforts -7- © 2025 authID In
Slide 8: Increased Focus on Enterprise and Channel Segments
Increased Focus on Enterprise and Channel Segments • The advancements made with our solution are allowing us to win in conversations with larger enterprises and channel partners • We are doubling down on these segments to play to our strength while dramatically increasing the efficiency of our sales
Slide 9: CFO Remarks
CFO Remarks © 2025 authID Inc. All Rights Reserved.
Slide 10: 2025 Q1 GAAP Financial Results
2025 Q1 GAAP Financial Results Net Loss from Non-Cash & One-Time Revenue Operating Expenses Continuing Operations Severance Charges Net Loss Per Share ($M) ($M) ($M) ($M) Continuing Operations 4.7M $0.40 0.30M 4.3M 0.8M $0.32 3.3M 3.1M 0.5M 0.16M Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 2024 2025 2024 2025 202
Slide 11: 2025 Q1 Financial Results
2025 Q1 Financial Results GAAP - Remaining Performance Obligation Period Ending QoQ YoY Q1 2025 Q4 2024 Q1 2024 Change Change Deferred Revenue $1.01M $0.22M $0.31M +$0.79M +$0.70M Additional non-cancelable contracted $12.84M $14.04M $3.73M ($1.20M) +$9.11M revenue Total Remaining Performance Obligat
Slide 12: 2025 Q1 Non-GAAP Financial Results
2025 Q1 Non-GAAP* Financial Results Adjusted EBITDA ARR bARR Loss Annual Recurring Revenue Booked Annual Recurring Revenue** 2024 Est. UAC 2025 Est. UAC 2024 cARR 2025 cARR 3.9M 1.2M $0.10M 2.4M 0.6M $0.06M $0.04M $0.01M $0.01M - ARR Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 * See Q1 2025 Earn
Slide 13: Revenue Growth Stages
Revenue Growth Stages Progressing through our growth stages to build a sustainable, recurring revenue stream 2024 FY 2025 Q1 Stage Measurement Results Results Booked Annual Secure new customer contracts with 1 Bookings Recurring Revenue $9.01M $0.01M booked Annual Recurring Revenue (bARR) Remaining
Slide 14: Q&A
Q&A © 2025 authID Inc. All Rights Reserved.