Sales growth in relation to rising expenses and …

• Total turnover: $ 0.3 million for the first quarter of 2025, compared to $ 0.16 million a year ago.

• Operating costs: 4.7 million USD for the first quarter of 2025, compared to USD 3.3 million a previous year and 4.9 million US dollars in the last quarter.

• Net lust: 4.3 million USD for the first quarter of 2025, compared to USD 3.1 million a previous year and 4.6 million US dollars in the last quarter.

• Net lust per share: $ 0.40 for quarter 2025, compared to USD 0.32 in the previous year and in the last quarter of $ 0.49.

• Remaining obligation to perform (RPO): 13.85 million US dollars on March 31, 2025, compared to 4.03 million US dollars a year ago.

• Intended EBITDA loss: 3.9 million USD for the first quarter of 2025, compared to USD 2.4 million a previous year and 4.1 million US dollars in the last quarter.

• Annual recurring income (ARR): 1.2 million USD after quarter of the first quarter of 2025, compared to USD 0.6 million a previous year and $ 0.8 million in the last quarter.

• Booked annual recurring income (Barr): $ 0.01 million for the first quarter of 2025, compared to $ 0.10 million a year ago.

Appearance date: May 13, 2025

For the complete protocol of the earnings call, see the full profit call transcription.

• Authid Inc (Nasdaq: Auid) is in contract negotiations with a large global Fortune 500 prospective prospective customers for his identity examination and biometric solution.

• The company signed a paid live production process with a global Fortune 100 retail dealer, which aimed at a long-term contract after the end of the year.

• Authid Inc (Nasdaq: Auid) was confirmed by one of the largest identity fraud platforms as a selected provider and is in final contract negotiations.

• The company completed two capital increases to secure almost 9 million US dollars, which improved its balance sheet and expanded its investor base.

• Authid Inc (Nasdaq: Auid) received the best ID management platform price at the FinTech Breakthrough Awards 2025 and emphasized its innovative solutions.

• Authid Inc (Nasdaq: Auid) recorded a net loss of $ 4.3 million for the first quarter of 2025, which compared to the loss of $ 3.1 million in the same period of the previous year.

• In the first quarter of 2025, operating costs rose to $ 4.7 million from USD 3.3 million a previous year, especially due to increased employee investments.

• The booked annual recurring turnover (Barr) for the first quarter of 2025 was only $ 0.01 million, compared to $ 0.10 million in the previous year.

• Authid Inc (Nasdaq: Auid) experienced delays in the sales process for certain shops and affected the Q1 bookings.

• The sales of the company of USD 0.3 million for the first quarter of 2025, while an increase compared to the previous year is modest compared to the expenditure.

Q: Can you talk about when you start seeing levers from the partnerships you have highlighted? A: Rhoniel Daguro, CEO: We already benefit from these partnerships. The bookings will come when we invest in the channel and enable the partners to bring their customers authid. Our existing partnerships have brought us in sectors such as Indian banking and large employment agencies, and we have upcoming partnerships with large fraud platforms and biometric hardware providers.