Slide 1: 2024 Annual Results Conference Call
© 2025 authID Inc. All Rights Reserved. 2024 Annual Results Conference Call March 13, 2025
Slide 2: Disclaimer and forward-looking statements
© 2025 authID Inc. All Rights Reserved. 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 independentl
Slide 3: What We Do
© 2025 authID Inc. All Rights Reserved. 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.
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 Mid - Size / High Growth • Smaller, fast - moving organizations that require minimal product cust
Slide 5: 2024 Financial Performance
$2.94M 2023 2024 2024 Financial Performance Bookings Growth bARR Customer Contractual Commitments Remaining Performance Obligation (RPO) 3.1x $9.01M $4.02M 2023 2024 3.5x $14.26M - 5 - © 2025 authID Inc. All Rights Reserved.
Slide 6: 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 • Continued expansion into New Vertical
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 Sophistication Adoption • Deepfake images & video capabilities •
Slide 8: Why Customers Choose authID
Why Customers Choose authID Others Enterprise Requirements 7 - 10s 700ms Delivers UX consistent with Apple Face ID and Google Face Unlock Low friction Ease of use 1 to 100,000 1 to 1 Billion Biometric accuracy that guarantees knowing who is behind the device Eliminate fraud attacks Accuracy Stored B
Slide 9: 2024 Q4 and Full Year GAAP Financial Results
2024 Q4 and Full Year GAAP Financial Results * 2023 Operating Expenses reflect a $3.4M one - time, non - cash reversal of stock - based compensation from Q1’23 terminations Net Loss from Non - Cash & One - Time Revenue Operating Expenses* Continuing Operations Severance Charges Net Loss Per Share ($
Slide 10: 2024 Q4 Financial Results GAAP - Remaining Performance Obligation
2024 Q4 Financial Results GAAP - Remaining Performance Obligation - 10 - © 2025 authID Inc. All Rights Reserved. • RPO represents deferred revenue and non - cancelable contracted revenue over the life of the contract that has not yet been recognized. • Contracts are typically signed with a minimum 3
Slide 11: 2024 and Full Year Non-GAAP Financial Results
2024 and Full Year Non - GAAP* Financial Results Q4 2023 Q4 2024 $3.45M $1.67M $3.68M $0.97M $0.70M * See Q4 2024 Earnings Press Release for important information about Non - GAAP Measures **cARR = Committed Annual Recurring Revenue, Est. UAC = Estimated Usage Above Commitment FY 2023 FY 2024 $4.33M
Slide 12: Revenue Growth Stages
Revenue Growth Stages Progressing through our growth stages to build a sustainable, recurring revenue stream - 12 - © 2025 authID Inc. All Rights Reserved. 2024 FY Results 2023 FY Results Measurement Stage $9.01M (+$6.07M vs. 2023) $2.94M Booked Annual Recurring Revenue (bARR) Secure new customer co
Slide 13: Q&A
Q&A © 2025 authID Inc. All Rights Reserved.