{"url_path":"/sec/auid/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1534154/0001213900-26-056639-index.html","accession_number":"0001213900-26-056639","cik":"0001534154","ticker":"AUID","issuer_name":"authID Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1534154/0001213900-26-056639-index.html","primary_entity_key":"0001534154","primary_entity_name":"authID Inc."},"word_count":1218,"has_tables":true,"body_markdown":"SECURITIES\nAND EXCHANGE COMMISSION\n\nWashington,\nD.C. 20549\n\n \n\nFORM\n10-Q\n\n \n\n(Mark\nOne)\n\n☒\nQUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor\nthe quarterly period ended March 31, 2026\n\n \n\nOR\n\n \n\n☐\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor\nthe transition period from               to               \n\n \n\nCommission\nfile number 001-40747\n\n \n\n \n\n**authID\nInc.**\n\n(Exact\nname of registrant as specified in its charter)\n\n \n\nDelaware   46-2069547\n\n(State or other jurisdiction of\n\nincorporation or organization)\n  (I.R.S. Employer\nIdentification No.)\n\n \n\n1580\nNorth Logan Street, Suite 660, Unit 51767,\n\nDenver,\nCO 80203 \n\n(Address\nof principal executive offices) (zip code)\n\n \n\n516-274-8700\n\n(Registrant’s\ntelephone number, including area code)\n\n \n\n \n\n(Former\nname, former address and former fiscal year, if changed since last report)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class   Trading Symbol   Name of each exchange on which registered\n\nCommon Stock par value $0.0001 per share   AUID   The NASDAQ Stock Market LLC\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)\nhas been subject to such filing requirements for the past 90 days.\n\n \n\n☒\nYes ☐ No\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files.\n\n \n\n☒\nYes ☐ No\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company,\nor an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller\nreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge Accelerated filer ☐ Accelerated filer ☐\n\nNon-accelerated filer ☒ Smaller reporting company ☒\n\n  Emerging growth Company ☐\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). \n\n \n\nYes\n☐ No ☒\n\n \n\nIndicate\nthe number of shares outstanding of each of the issuer’s classes of common stock as of the latest practicable date.\n\n \n\nClass   Outstanding at May 7, 2026\n\nCommon Stock, par value $0.0001   16,132,487 shares\n\n \n\n \n\n \n\n \n\n** **\n\n**TABLE\nOF CONTENTS**\n\n** **\n\n \n \n**Page\nNo.**\n\n**PART I – FINANCIAL INFORMATION**\n \n \n\n \n \n \n\n[Item 1. Financial Statements (unaudited)](#a_002)\n \n1\n\n \n \n \n\n[Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025](#a_003)\n \n1\n\n \n \n \n\n[Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025](#a_004)\n \n2\n\n \n \n \n\n[Consolidated Statements of Comprehensive Loss for the Three Months Ended March 31, 2026 and 2025](#a_005)\n \n3\n\n \n \n \n\n[Consolidated Statements of Stockholders’ Equity for the Three Months Ended March 31, 2026 and 2025](#a_006)\n \n4\n\n \n \n \n\n[Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025](#a_007)\n \n5\n\n \n \n \n\n[Notes to Unaudited Consolidated Financial Statements](#a_008)\n \n6\n\n \n \n \n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_009)\n \n14\n\n \n \n \n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#a_010)\n \n20\n\n \n \n \n\n[Item 4. Controls and Procedures](#a_011)\n \n20\n\n \n \n \n\n**PART II – OTHER INFORMATION**\n \n \n\n \n \n \n\n[Item 1. Legal Proceedings](#a_013)\n \n21\n\n \n \n \n\n[Item 1A. Risk Factors](#a_014)\n \n21\n\n \n \n \n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_015)\n \n21\n\n \n \n \n\n[Item 3. Defaults Upon Senior Securities](#a_016)\n \n22\n\n \n \n \n\n[Item 4. Mine Safety Disclosures](#a_017)\n \n22\n\n \n \n \n\n[Item 5. Other Information](#a_018)\n \n22\n\n \n \n \n\n[Item 6. Exhibits](#a_019)\n \n23\n\n \n\ni\n\n \n\n \n\n**CAUTIONARY\nSTATEMENT REGARDING FORWARD-LOOKING INFORMATION**\n\n \n\nThis\nreport includes forward-looking statements that relate to future events or our future financial performance and involve known and unknown\nrisks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially\nfrom any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words\nsuch as, but not limited to, “believe,” “expect,” “anticipate,” “estimate,” “intend,”\n“plan,” “targets,” “likely,” “aim,” “will,” “would,” “could,”\nand similar expressions or phrases identify forward-looking statements. We have based these forward-looking statements largely on our\ncurrent expectations and future events and financial trends that we believe may affect our financial condition, results of operation,\nbusiness strategy and financial needs.\n\n \n\nYou\nshould read thoroughly this report and the documents that we refer to herein with the understanding that our actual future results may\nbe materially different from and/or worse than what we expect. We qualify all of our forward-looking statements by these cautionary statements\nincluding those made in this report, in Part I. Item 1A. Risk Factors also appear in our Annual Report on Form 10-K for the year ended\nDecember 31, 2025 and our other filings with the Securities and Exchange Commission. Some examples of risk factors which may affect our\nbusiness are as follows:\n\n \n\n \n●\nour lack of significant\nrevenues, positive cash flow and history of losses,\n\n \n \n \n\n \n●\nmarket acceptance of our\nproducts and competition;\n\n \n \n \n\n \n●\nour ability to attract\nand retain customers for existing and new products;\n\n \n\n \n●\nour ability to effectively\nmaintain and update our technology and product and service portfolio;\n\n \n\n \n●\nour reliance on third party\nsoftware and developers;\n\n \n\n \n●\nbreaches of network or\nIT security and presentation attacks;\n\n \n\n \n●\nour ability to hire and\nretain key personnel and additional talent;\n\n \n \n \n\n \n●\nour ability to raise capital\nunder acceptable terms;\n\n \n \n \n\n \n●\nour ability to maintain\nlisting of our common stock on the Nasdaq Capital Market;\n\n \n \n \n\n \n●\nour ability to adequately\nprotect our intellectual property, or the loss of some of our intellectual property rights through costly litigation or administrative\nproceedings;\n\n \n\n \n●\nour ability to operate\nin non-US markets;\n\n \n \n \n\n \n●\nthe impact of the wars\nin Ukraine and the Middle East;\n\n \n \n \n\n \n●\nstock price and market\nvolatility and the risk of securities litigation;\n\n \n \n \n\n \n●\nlegislation and government\nregulation; and\n\n \n \n \n\n \n●\ngeneral economic conditions,\ninflation and access to capital.\n\n \n\nOther\nsections of this report include additional factors which could adversely impact our business and financial performance. New risk factors\nemerge from time to time and it is not possible for our management to predict all risk factors, nor can we assess the impact of all factors\non our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those\ncontained in any forward-looking statements. Except for our ongoing obligations to disclose material information under the Federal securities\nlaws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the\noccurrence of unanticipated events. These forward-looking statements speak only as of the date of this report, and you should not rely\non these statements without also considering the risks and uncertainties associated with these statements and our business.\n\n \n\n**OTHER\nPERTINENT INFORMATION**\n\n \n\nUnless\nspecifically set forth to the contrary, when used in this report the terms “authID” the “Company,” “we,”\n“our,” “us,” and similar terms refer to authID Inc., a Delaware corporation and its subsidiaries.\n\n \n\nThe\ninformation which appears on our website www.authID.ai is not part of this report.\n\n \n\nii\n\n \n\n** **\n\n**PART\nI – FINANCIAL INFORMATION**"}