authID Inc (NASDAQ: AUID) is a biometric identity verification and authentication company that provides cloud-based software for verifying and authenticating user identities using facial biometrics and government-issued documents. The company makes money through software licensing and transaction-based fees tied to identity verification and authentication events processed on its platforms. authID serves enterprise customers across workforce identity management and consumer onboarding use cases. Its core products are Proof, a remote identity verification platform, and the Identity Exchange (IDX), an enterprise credential management platform built on the Accountable Digital Identity Association specification. The company also offers PrivacyKey technology, which performs biometric verification without storing biometric data. As of the 10-K filed March 31, 2026, authID carried an accumulated deficit of approximately $191.7 million and reported an operating loss of approximately $17.9 million for the year ended December 31, 2025, with management disclosing an expectation of continued net losses in 2026.

Revenue model

Transaction and license fees for biometric identity verification and authentication events processed through its cloud platforms. The filing also references an annual license fee structure, illustrated by a $2,500 annual license fee plus monthly minimum fees in a September 2025 agreement with The Pipeline Group, Inc.

Products and services

Proof: remote biometric identity verification using government-issued documents and selfie matching. Identity Exchange (IDX): enterprise platform for centrally managed, passwordless, biometric-bound workforce credentials. PrivacyKey: biometric verification and authentication without storing biometric data. Verified: presentation attack detection and document authenticity evaluation. authID Mandate: a framework for biometrically binding human sponsors to AI agents they launch, providing an audit trail of agentic activity.

Customers and end markets

Enterprise customers managing distributed workforces including employees, contractors, vendors, and third parties. End markets include workforce identity management, consumer account onboarding, and government contracts. The Pipeline Group, Inc. is a disclosed customer as of September 2025.

Value-chain role

Software vendor providing identity verification and authentication as a cloud service, integrating via pre-built OpenID Connect connections and Identity and Access Management platform integrations. Sits between enterprises and their end users, processing identity transactions rather than storing credentials on-device.

Geographic exposure

The filing references government contracts and compliance with U.S. regulations including the Foreign Corrupt Practices Act, and document coverage across government-issued IDs from around the world, but specific revenue by geography is not disclosed in the excerpts provided.

Source: SEC 10-K, filed 2026-03-31

Industry: Services-Prepackaged Software Peers: Microsoft Corp Arteris Inc Duos Technologies Group Inc Intrusion Inc IronNet, Inc. OneSpan Inc