{"success":true,"data":{"pressRelease":{"id":"161670","rtpr_id":"nGNXb3nfp3-20261006","ticker":"AUID","exchange":"NASDAQ","all_tickers":["AUID"],"title":"authID Announces $2 Million Agreement with the EinStrong Foundation","author":"Globe Newswire","published_at":"2026-10-06T12:00:00.522Z","article_body":"EinStrong invests $2M in authID’s biometric identity technology to secure\nits mission to fight poverty and educational inequality\n\nDENVER, Oct. 06, 2026 (GLOBE NEWSWIRE) -- authID®\n(https://www.globenewswire.com/Tracker?data=NaRM1TF7fpeqOL4-Rp44GnrrmSpz49KKC_eTkXmx2EQvSYMEwuPqfwe94xCioaFFVa-V1WC-2ann11pyLCjkcmDVwtkEMtisGLrosxmt91W-AOjRx03524_eSWnyiXQ_YMafLHswJPcX7UtnZEs0cx3dSF4hje-_P_6_BfbHFfOk9uq4jGhMftXe4S2iKrKJ) (Nasdaq:\nAUID), a leading provider of biometric identity verification and\nauthentication solutions, today announced a $2 million technology licensing,\nservices, and support agreement with the EinStrong\n(https://www.globenewswire.com/Tracker?data=Hl1DwZKQVhmzZ-NZdy5NEJH8w8DbWgeHrOf1YV46-XpSgVJ8YowAxWUwNVPHzxs7V3xsDCp1T7G1FU463jMh0w==)Charitable\n(https://www.globenewswire.com/Tracker?data=346tBBuzkc-4sCrCS20kRggbDzr7-Gdw9xwU3_bmJI1sItWe_rAjvMZ6XIFFQQ6stdFY89JPXaWN2RzsV6TopQ==)Foundation\n(https://www.globenewswire.com/Tracker?data=D1-9UixqgH-6X4odMCoKIDUnpJVG7wMYjy1bJi0EFj9GXb3d4Av_dETeARoXOW7veaWPnwqzmMeVihBEInk6Ug==),\nan organization dedicated to alleviating poverty and providing secure and\ntransparent support to vulnerable groups of people around the world.\n\nTo enable the further development of ESi, EinStrong’s universal ID,\nEinStrong paid $1 million for a non-exclusive authID technology license and\nhas committed an additional $1 million for new biometric de-duplication\nfunctionality and engineering support.\n\nEinStrong provides direct cash transfers            directly to\nunderprivileged populations such as single mothers living in poverty,\nutilizing authID technology to positively determine the identities of\nrecipients through biometric identification and verification. EinStrong’s\nprogram encourages the improvement of local environments and the progression\nof sustainable livelihoods, as well as assisting childhood education.\n\nTo enhance its ability to prevent fraud and ensure that funds are only\nprovided to eligible recipients, EinStrong has made a significant commitment\nto the authID technology through investment and product roadmap alignment.\n\n“For over two years we have been proud participants in EinStrong’s mission\nto assist less fortunate, at-risk communities,” commented Thomas Szoke, CEO\nof authID. “Their commitment to supporting impoverished societies has\ninspired our designers and developers to further enhance our tech, allowing\nthem to deter fraudsters and duplicates, and put precious funds in the hands\nof deserving individuals.”\n\n“We are excited about our business outlook and the execution of this\nimportant agreement,” added Szoke.   “Having now reduced our monthly\ncash operating expenses by roughly 40% as compared to the first quarter 2026,\nwe start the fourth quarter from a leaner base that gives us real leverage as\nthe business grows. We remain committed to disciplined execution and to\npursuing the best path forward for authID, its customers and its\nshareholders.\"\n\n“Over the last two years, our use of authID’s biometric platform has given\nour sponsors the confidence to fund our mission knowing that their donations\nwill go only to people in need,” commented Steven Cho, Chief Operating\nOfficer of EinStrong. “By deepening our investment and partnership with\nauthID, EinStrong will further extend its innovation and achieve even greater\nimpact as we scale.”\n\nEinStrong’s proprietary app enables donors to bypass the typical obstacles\nto philanthropy, with direct cash donations that most easily benefit needy\nfamilies across multiple continents. authID has supported EinStrong’s\nmission through a seamless biometric identity experience that allows users to\neasily and securely assert their identities and gain access to and use donor\nfunds.\n\nAbout authID\n\nauthID® (Nasdaq: AUID) ensures enterprises \"Know Who's Behind the Device™\"\nfor every customer or employee login and transaction through its\neasy-to-integrate, patented, biometric identity platform. authID quickly and\naccurately verifies a user's identity and eliminates any assumption of \"who\"\nis behind a device to prevent cybercriminals from compromising account\nopenings or taking over accounts. Combining secure digital onboarding,\nbiometric authentication, and account recovery with a fast, accurate,\nuser-friendly experience, authID delivers biometric identity processing in\n700ms, with a 1-to-1-billion false match rate and 1-to-many sub-second search\ncapability. authID delivers all the benefits of biometric identity\nverification while ensuring complete privacy protection and regulatory\ncompliance by storing no biometric data whatsoever. For more information,\nvisit authid.ai\n(https://www.globenewswire.com/Tracker?data=3O_XwiOxcwW1N9_Cb6uhk5snUObsA_p5KndBw8kGmQb7mCUVxxlSzsS9MxIkM1KHW5QUHILl04R0n5nVXkCwEY4W5I-Edm1NFwjpnsPMBF7UTDlCHJY5ZdkB0jpAIxA6OY5L9drES3-O1mbG4Fl910N-vDGycJ0uTO6pqM-k4xjrBcPOv34p714dEVo90xevBpaU-xY6OwVYbCdYhKwAb3h5jIIq8fu4Q_A35UF3qLY=).\n\nauthID Investor Relations \ninvestor-relations@authID.ai \n\nAbout the EinStrong Foundation\n\nThe EinStrong Foundation is a not-for-profit foundation started in 2019,\nheadquartered in Southern California, with additional support from individuals\nand organizations in Asia and Europe. They invite other individuals,\nfoundations, educational institutions, NGOs, and philanthropists to improve\nthe economic, educational, and climate change objectives of people around the\nworld. Their objective is to benefit a billion people globally in the next\n5-10 years.\n\nFor more information, contact info@einstrong.org\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/200c48a1-4b89-452a-ab23-3ef78f372b8c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXb3nfp3-20261006","title":"authID Announces $2 Million Agreement with the EinStrong Foundation","author":"Globe Newswire","ticker":"AUID","created":"2026-10-06T12:00:00.522Z","tickers":["AUID"],"exchange":"NASDAQ","article_body":"EinStrong invests $2M in authID’s biometric identity technology to secure\nits mission to fight poverty and educational inequality\n\nDENVER, Oct. 06, 2026 (GLOBE NEWSWIRE) -- authID®\n(https://www.globenewswire.com/Tracker?data=NaRM1TF7fpeqOL4-Rp44GnrrmSpz49KKC_eTkXmx2EQvSYMEwuPqfwe94xCioaFFVa-V1WC-2ann11pyLCjkcmDVwtkEMtisGLrosxmt91W-AOjRx03524_eSWnyiXQ_YMafLHswJPcX7UtnZEs0cx3dSF4hje-_P_6_BfbHFfOk9uq4jGhMftXe4S2iKrKJ) (Nasdaq:\nAUID), a leading provider of biometric identity verification and\nauthentication solutions, today announced a $2 million technology licensing,\nservices, and support agreement with the EinStrong\n(https://www.globenewswire.com/Tracker?data=Hl1DwZKQVhmzZ-NZdy5NEJH8w8DbWgeHrOf1YV46-XpSgVJ8YowAxWUwNVPHzxs7V3xsDCp1T7G1FU463jMh0w==)Charitable\n(https://www.globenewswire.com/Tracker?data=346tBBuzkc-4sCrCS20kRggbDzr7-Gdw9xwU3_bmJI1sItWe_rAjvMZ6XIFFQQ6stdFY89JPXaWN2RzsV6TopQ==)Foundation\n(https://www.globenewswire.com/Tracker?data=D1-9UixqgH-6X4odMCoKIDUnpJVG7wMYjy1bJi0EFj9GXb3d4Av_dETeARoXOW7veaWPnwqzmMeVihBEInk6Ug==),\nan organization dedicated to alleviating poverty and providing secure and\ntransparent support to vulnerable groups of people around the world.\n\nTo enable the further development of ESi, EinStrong’s universal ID,\nEinStrong paid $1 million for a non-exclusive authID technology license and\nhas committed an additional $1 million for new biometric de-duplication\nfunctionality and engineering support.\n\nEinStrong provides direct cash transfers            directly to\nunderprivileged populations such as single mothers living in poverty,\nutilizing authID technology to positively determine the identities of\nrecipients through biometric identification and verification. EinStrong’s\nprogram encourages the improvement of local environments and the progression\nof sustainable livelihoods, as well as assisting childhood education.\n\nTo enhance its ability to prevent fraud and ensure that funds are only\nprovided to eligible recipients, EinStrong has made a significant commitment\nto the authID technology through investment and product roadmap alignment.\n\n“For over two years we have been proud participants in EinStrong’s mission\nto assist less fortunate, at-risk communities,” commented Thomas Szoke, CEO\nof authID. “Their commitment to supporting impoverished societies has\ninspired our designers and developers to further enhance our tech, allowing\nthem to deter fraudsters and duplicates, and put precious funds in the hands\nof deserving individuals.”\n\n“We are excited about our business outlook and the execution of this\nimportant agreement,” added Szoke.   “Having now reduced our monthly\ncash operating expenses by roughly 40% as compared to the first quarter 2026,\nwe start the fourth quarter from a leaner base that gives us real leverage as\nthe business grows. We remain committed to disciplined execution and to\npursuing the best path forward for authID, its customers and its\nshareholders.\"\n\n“Over the last two years, our use of authID’s biometric platform has given\nour sponsors the confidence to fund our mission knowing that their donations\nwill go only to people in need,” commented Steven Cho, Chief Operating\nOfficer of EinStrong. “By deepening our investment and partnership with\nauthID, EinStrong will further extend its innovation and achieve even greater\nimpact as we scale.”\n\nEinStrong’s proprietary app enables donors to bypass the typical obstacles\nto philanthropy, with direct cash donations that most easily benefit needy\nfamilies across multiple continents. authID has supported EinStrong’s\nmission through a seamless biometric identity experience that allows users to\neasily and securely assert their identities and gain access to and use donor\nfunds.\n\nAbout authID\n\nauthID® (Nasdaq: AUID) ensures enterprises \"Know Who's Behind the Device™\"\nfor every customer or employee login and transaction through its\neasy-to-integrate, patented, biometric identity platform. authID quickly and\naccurately verifies a user's identity and eliminates any assumption of \"who\"\nis behind a device to prevent cybercriminals from compromising account\nopenings or taking over accounts. Combining secure digital onboarding,\nbiometric authentication, and account recovery with a fast, accurate,\nuser-friendly experience, authID delivers biometric identity processing in\n700ms, with a 1-to-1-billion false match rate and 1-to-many sub-second search\ncapability. authID delivers all the benefits of biometric identity\nverification while ensuring complete privacy protection and regulatory\ncompliance by storing no biometric data whatsoever. For more information,\nvisit authid.ai\n(https://www.globenewswire.com/Tracker?data=3O_XwiOxcwW1N9_Cb6uhk5snUObsA_p5KndBw8kGmQb7mCUVxxlSzsS9MxIkM1KHW5QUHILl04R0n5nVXkCwEY4W5I-Edm1NFwjpnsPMBF7UTDlCHJY5ZdkB0jpAIxA6OY5L9drES3-O1mbG4Fl910N-vDGycJ0uTO6pqM-k4xjrBcPOv34p714dEVo90xevBpaU-xY6OwVYbCdYhKwAb3h5jIIq8fu4Q_A35UF3qLY=).\n\nauthID Investor Relations \ninvestor-relations@authID.ai \n\nAbout the EinStrong Foundation\n\nThe EinStrong Foundation is a not-for-profit foundation started in 2019,\nheadquartered in Southern California, with additional support from individuals\nand organizations in Asia and Europe. They invite other individuals,\nfoundations, educational institutions, NGOs, and philanthropists to improve\nthe economic, educational, and climate change objectives of people around the\nworld. Their objective is to benefit a billion people globally in the next\n5-10 years.\n\nFor more information, contact info@einstrong.org\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/200c48a1-4b89-452a-ab23-3ef78f372b8c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-06T12:00:00.60709694Z","server_sent_at_ms":1791288000607},"received_at":"2026-10-06T12:00:00.656Z","source_url":null},"analysis":{"id":"150188","press_release_id":"161670","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"partnership","narrative":"authID announced a $2 million licensing, services, and support agreement with the EinStrong Foundation to power biometric identity verification for its direct cash-transfer programs.\n\nEinStrong paid $1 million for a non-exclusive technology license and committed an additional $1 million for new biometric de-duplication functionality and engineering support.\n\nCEO Thomas Szoke also disclosed monthly cash operating expenses have been cut roughly 40% versus Q1 2026, giving the company greater operating leverage heading into Q4.\n\nThe deal deepens a two-year relationship with EinStrong, which uses authID's platform to ensure donor funds reach only eligible recipients.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"$2M expansion deal with existing customer plus 40% opex cut signals improving micro-cap fundamentals."},"keyFigures":{"dealValueUsd":2000000,"customDimensions":{"license_payment":1000000,"engineering_commitment":1000000,"monthly_opex_reduction":"roughly 40% vs Q1 2026"}},"quotedText":"Having now reduced our monthly cash operating expenses by roughly 40% as compared to the first quarter 2026, we start the fourth quarter from a leaner base that gives us real leverage as the business grows.","namedEntities":{"people":[{"name":"Thomas Szoke","role":"CEO of authID"},{"name":"Steven Cho","role":"Chief Operating Officer of EinStrong"}],"products":["ESi (EinStrong's universal ID)","authID biometric identity platform"],"companies":[{"name":"authID","ticker":"AUID","relationship":"filer"},{"name":"EinStrong Charitable Foundation","relationship":"customer/partner"}],"dollarAmounts":[{"amount":"$2 million","context":"technology licensing, services, and support agreement"},{"amount":"$1 million","context":"payment for non-exclusive authID technology license"},{"amount":"$1 million","context":"committed for biometric de-duplication functionality and engineering support"}]},"materialImpact":{"score":3,"reasoning":"A $2 million agreement with a new expansion of an existing partner relationship is meaningful revenue for a micro-cap like authID, though not transformative. The release also discloses a ~40% reduction in monthly cash operating expenses vs Q1 2026."},"tickerRelevance":{"others":[],"primary":"AUID"},"globalImportance":22,"audienceRelevance":25,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"$2M contract expansion plus opex reduction disclosure","retailFavoriteBoost":"small"}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"authID announced a $2 million licensing, services, and support agreement with the EinStrong Foundation to power biometric identity verification for its direct cash-transfer programs.\n\nEinStrong paid $1 million for a non-exclusive technology license and committed an additional $1 million for new biometric de-duplication functionality and engineering support.\n\nCEO Thomas Szoke also disclosed monthly cash operating expenses have been cut roughly 40% versus Q1 2026, giving the company greater operating leverage heading into Q4.\n\nThe deal deepens a two-year relationship with EinStrong, which uses authID's platform to ensure donor funds reach only eligible recipients.","key_figures":{"dealValueUsd":2000000,"customDimensions":{"license_payment":1000000,"engineering_commitment":1000000,"monthly_opex_reduction":"roughly 40% vs Q1 2026"}},"named_entities":{"people":[{"name":"Thomas Szoke","role":"CEO of authID"},{"name":"Steven Cho","role":"Chief Operating Officer of EinStrong"}],"products":["ESi (EinStrong's universal ID)","authID biometric identity platform"],"companies":[{"name":"authID","ticker":"AUID","relationship":"filer"},{"name":"EinStrong Charitable Foundation","relationship":"customer/partner"}],"dollarAmounts":[{"amount":"$2 million","context":"technology licensing, services, and support agreement"},{"amount":"$1 million","context":"payment for non-exclusive authID technology license"},{"amount":"$1 million","context":"committed for biometric de-duplication functionality and engineering support"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-06T12:00:06.362Z","global_importance":22,"audience_relevance":25,"importance_components":{"tickerTier":"micro-cap","eventGravity":"$2M contract expansion plus opex reduction disclosure","retailFavoriteBoost":"small"}},"durationMs":5681,"modelName":"glm-5.3-flashx"}}