Ipsidy Inc.: directors' dealings · United States · SEC (Form 4)

About Ipsidy Inc.

Ipsidy Inc., now branded as authID Inc., is a U.S. technology company listed on the Nasdaq Capital Market under the ticker AUID in the United States. The business sits at the intersection of cybersecurity and digital identity: it provides biometric identity verification, passwordless authentication, and account recovery solutions delivered through an easy-to-integrate Identity as a Service (IDaaS) platform. According to SEC filings, the company was incorporated in Delaware on September 21, 2011, operated under the Ipsidy Inc. name from 2017, and rebranded commercially to authID.ai in 2021 to better align the corporate identity with its strategic direction. Earlier SEC disclosures identified Long Beach, New York as corporate headquarters, while more recent filings state that headquarters is now in Denver, Colorado, using a virtual-office setup with a fully remote workforce. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1534154/000121390026037459/ea0275977-10k_authid.htm?utm_source=openai)) authID’s core proposition is to reduce identity fraud and simplify secure access in digital channels. Its platform is designed to remove uncertainty about who is behind a device, supporting digital onboarding, biometric authentication, secure account access, and account recovery workflows. The company primarily targets banks, fintechs, systems integrators, and enterprise customers, including government-related environments and large organizations. Competitively, authID operates in a crowded but structurally attractive market where differentiation depends on biometric accuracy, speed, user experience, and privacy-conscious architecture. Recent company messaging has emphasized the strength of its biometric authentication stack and its Agentic AI security technologies as emerging standards for digital trust. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1534154/000121390022014214/f10k2021_ipsidyinc.htm?utm_source=openai)) Geographically, the company is U.S.-centric in terms of listing and operational base, but it has also demonstrated the ability to pursue international opportunities. One notable example is its partnership with PharmacyID in Australia, which showed that the platform can be positioned in regulated, high-assurance identity workflows outside its home market. For investors, this supports a view of authID as a small-cap Nasdaq-listed software name with optionality beyond the United States, while still depending heavily on commercial execution at home. ([nasdaq.com](https://www.nasdaq.com/press-release/ipsidy-is-selected-by-pharmacyid-to-deliver-a-high-assurance-identity-verification?utm_source=openai)) Recent milestones point to a company that is still in build-and-scale mode rather than mature profitability mode. The 2025 annual report indicates that authID remains a going concern, with a substantial accumulated deficit and relatively small revenue base, underscoring continued reliance on external financing and successful customer acquisition. At the same time, management has reported higher quarterly revenue, new customer wins, and industry recognition, which suggests the company is gaining credibility in a niche where enterprise validation matters. In practical terms, authID offers a compelling digital-identity growth story on Nasdaq, but one that remains high risk because the business is still proving its ability to convert product differentiation into sustained recurring revenue. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1534154/000121390026037459/ea0275977-10k_authid.htm?utm_source=openai))