authID Inc. operates an Identity as a Service (IDaaS) platform that delivers a suite of secure, mobile, and biometric identity solutions worldwide. The company develops an IDaaS platform to enable users to verify and authenticate their identity through a mobile phone or desktop with camera. It provides VERIFIED, a multi-factor authentication solution designed to provide a secure and convenient application for identity verification and transaction consent; PROOF, which establishes the trusted identity of users based on chip based electronic machine-readable travel documents, national IDs, and drivers licenses, as well as direct verification by national registries and other international databases; AUTHENTIFID that delivers FIDO2 authentication for password less login and transaction authentication tied to a trusted identity; and IDENTITY PORTAL, which allows an enterprise to enroll customers using the Ipsidy portal. The company also offers SEARCH, a biometric matching software for desktop fingerprint capture and image processing; CARDPLUS, a secure plastic identity credentials and loyalty card products. In addition, it provides payment processing solutions, such as TRANXA, a multi-application payment gateway and switch that provides payment solutions for online retailers and physical merchant locations; and an unattended kiosk application and backend management system, which is integrated with a transit ticketing system. The company was formerly known as Ipsidy Inc. and changed its name to authID Inc. authID Inc. was founded in 2009 and is headquartered in Denver, Colorado.
Revenue of authID Inc. (AUID)
Revenue in 2023 (TTM): $190.29 K
According to authID Inc.'s latest financial reports the company's current revenue (TTM) is $190.29 K. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of authID Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $190.29 K | $-65,568 | $-18,250,789 | $-19,615,105 | $-19,400,376 |
| 2022 | $527.42 K | $-137,854 | $-21,557,785 | $-23,667,640 | $-23,675,310 |
| 2021 | $2.29 M | $1.63 M | $-14,956,125 | $-17,644,764 | $-17,665,788 |
| 2020 | $2.14 M | $1.48 M | $-9,042,295 | $-11,262,235 | $-11,298,558 |
| 2019 | $2.55 M | $1.88 M | $-9,271,462 | $-10,437,427 | $-10,500,358 |
| 2018 | $3.83 M | $2.57 M | $-8,745,872 | $-9,997,371 | $-10,027,613 |
| 2017 | $2.3 M | $1.71 M | $-15,640,556 | $-17,452,848 | $-17,481,629 |
| 2016 | $1.93 M | $1.44 M | $-5,800,979 | $-9,848,457 | $-9,851,403 |
| 2015 | $735.36 K | $735.36 K | $-35,395,589 | $-36,679,169 | $-63,326,190 |
| 2014 | $ | $ | $-719,005 | $-904,687 | $-904,687 |
| 2013 | $ | $ | $-926,905 | $-976,238 | $-976,238 |
| 2012 | $7.7 M | $1.19 M | $234.33 K | $-1,850 | $-1,850 |
| 2011 | $ | $ | $-1,343 | $-1,343 | $-1,343 |