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authID Reports Financial and Operating Results for the First Quarter Ended March 31, 2025

GlobeNewswire LogoGlobeNewswire18h ago

authID Reports Financial and Operating Results for the First Quarter Ended March 31, 2025 - GlobeNewswire

Quick Summary:

The company defines Annual Recurring Revenue or ARR, as the amount of recurring revenue recognized during the last three months of the relevant period as determined in accordance with GAAP, multiplied by four.bARR may be distinguished from ARR, as bARR does not take specifically into account the time to implement any contract for authID’s services, nor for any ramp in adoption, or seasonality of usage of our biometric products but is based on the assumption that 18 months after signing these matters will have been generally resolved.

The gross amount of Booked Annual Recurring Revenue or bARR, (a non-GAAP measure, as defined below), signed in the first quarter of 2025 was $0.01 million, down from $0.10 million of gross bARR a year ago.

Financial Results for the First Quarter Ended March 31, 2025 Total revenue for the three months ended March 31, 2025 was $0.30 million, compared with $0.16 million a year ago.

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Article Details

Author / Journalist: authID Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 20:05:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1965 words

Reading Time: 11 minutes read

Sentences: 49 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28687204

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 42 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

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The story "authID Reports Financial and Operating Results for the First Quarter Ended March 31, 2025" was covered 18 hours ago by GlobeNewswire, a news publisher based in China.

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  • News ID: #28687204
  • URL: https://beamstart.com/news/authid-reports-financial-and-operating-17471668113

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