authID (AUID) - 2024 Q4 - Annual Results

Financial Results and Estimates - authID Inc. reported preliminary estimated unaudited results for the twelve months ended December 31, 2024, with significant variations expected from these estimates due to customary year-end closing and audit procedures[8] - The Company emphasizes that its final results may differ materially from preliminary estimates, which should not be viewed as a substitute for complete financial statements prepared in accordance with GAAP[8] - authID Inc. has not independently reviewed the preliminary estimates, and no warranty is made regarding the completeness or accuracy of the information presented[9] - The report does not include specific numerical results or performance metrics, focusing instead on qualitative assessments and forward-looking statements[11] Forward-Looking Statements - Forward-looking statements include expectations regarding future operations, growth, and revenue guidance for 2024, with a focus on booked Annual Recurring Revenue (bARR) and its components[11] - The Company disclaims any obligation to update or revise forward-looking statements, emphasizing the uncertainty of future performance[11] - The Company cautions investors about the risks that could affect actual results, including competition, customer retention, and economic conditions[11] Non-GAAP Financial Measures - The Company provides non-GAAP financial measures such as Adjusted EBITDA, which is used to assess operating performance and is adjusted for various expenses including interest, taxes, and stock-based compensation[12] - The presentation includes a reconciliation of Adjusted EBITDA to GAAP net loss, highlighting its importance in evaluating the Company's performance[12] Investor Relations - The Company plans to use the presentation for discussions with investors and analysts, indicating a proactive approach to investor relations[4]