authID (US:AUID)2025-08-14 21:00Financial Performance - The company achieved its largest revenue quarter, reaching $1.44 million[9] - GAAP revenue for the first six months of 2025 was $1.74 million[34], compared to $0.89 million for the full year 2024[40] - The company's net loss for the six months ended June 30, 2025, was $6.3 million[34] - Adjusted EBITDA loss for the six months ended June 30, 2025, was $4.9 million[39] - Total Remaining Performance Obligation (RPO) was $13.77 million as of Q2 2025[35] Key Metrics - Booked Annual Recurring Revenue (bARR) for the six months ended June 30, 2025, was $2.16 million[39] - Annual Recurring Revenue (ARR) as of Q2 2025 was $1.1 million[39] - Cash balance was $8.3 million[37] Product and Technology - PrivacyKey achieved a 98% user acceptance rate on the first attempt[26, 28] - Authentication speed for PrivacyKey is 22ms[28] - The company launched PrivacyKey One to Many Search[25] Strategic Initiatives - The company is focused on accelerating time to go-live and time to revenue[23]