authID Inc. reported its financial and operating results for the second quarter ended June 30, 2025, on August 14, 2025. The company achieved its highest quarterly revenue in history, reaching $1.4 million, a significant increase from $0.3 million in Q2 2024. For the six months ended June 30, 2025, total revenue was $1.7 million, up from $0.4 million in the prior year period.
Operating expenses for Q2 2025 were $5.9 million, compared to $3.6 million a year ago, driven by increased headcount investment in sales and R&D, and an $0.8 million provision for estimated credit loss. The net loss for Q2 2025 was $4.4 million, compared with $3.3 million in Q2 2024. Adjusted EBITDA loss for the quarter was $3.4 million, compared with $2.5 million a year ago.
Remaining Performance Obligation (RPO) as of June 30, 2025, was $13.8 million, a substantial increase from $4.2 million a year prior. Annual Recurring Revenue (ARR) as of June 30, 2025, reached $5.8 million, up from $1.1 million in Q2 2024. Gross Booked Annual Recurring Revenue (bARR) signed in Q2 2025 was $2.2 million, an increase from $0.63 million a year ago, demonstrating continued growth in future revenue commitments.
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