authID Q2 Revenue Jumps to 1,400,000
authID(NASDAQ:AUID) reported second quarter 2025 earnings on Aug. 14, 2025, posting record GAAP revenue of $1.4 million, up from $300,000 both year-over-year and sequentially, and annual recurring revenue (ARR) rising to $5.8 million from $1.1 million a year earlier. Management highlighted new strategic agreements with NEC and Proof, progress on Fortune Global 500 and Indian contracts, and $8.5 million in capital raised, while GAAP operating expenses increased to $5.9 million and GAAP net loss reached $4.4 million. The following insights examine key inflection points and their implications for investors.
Annual recurring revenue (ARR), calculated as recurring second quarter 2025 revenue multiplied by four, reached $5.8 million, up from $1.2 million in the prior quarter, as previously signed contracts began generating revenue. Remaining performance obligations (RPO) climbed to $13.8 million, compared to $4.2 million a year earlier, reflecting a growing base of committed revenue.
The acceleration in recognized and committed revenue demonstrates the company’s ability to convert pipeline into realized sales, supporting future growth expectations.
Source Fool.com