Ipsidy Inc. ( (AUID) ) has released its Q3 earnings. Here is a breakdown of the information Ipsidy Inc. presented to its investors.
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authID Inc., a prominent player in the biometric identity verification and authentication sector, offers advanced solutions to ensure secure digital interactions for enterprises worldwide. In its latest earnings report for the third quarter of 2025, authID Inc. revealed significant developments and financial outcomes. The company reported gross revenue of $0.6 million, an increase from $0.2 million in the previous year, although net revenue was negative at $(0.1) million due to one-time concessions. Operating expenses rose to $5.1 million, resulting in a net loss of $5.2 million for the quarter, compared to a $3.4 million loss a year ago. Despite these financial challenges, authID has made strategic strides, signing agreements with major enterprises like a top 20 global retailer and launching the Identity Exchange (IDX) platform with NESIC, significantly expanding its market reach. The company also partnered with MajorKey Technologies to integrate its Proof technology into Microsoft services, and entered agreements with financial institutions to enhance digital identity verification. Looking forward, authID’s management remains optimistic about its strategic focus on large enterprise accounts and the growing adoption of its innovative biometric technologies, positioning the company for potential future growth in the digital identity and Agentic AI sectors.

