T Stamp FY2022 revenue up 46.4% to $5.38M; net loss widens to $12.09M

T Stamp Inc

Revenue $5.38M (+46.4% YoY); net loss $12.09M ($2.55/share) vs $9.05M ($2.40) in 2021.
Operating loss $12.08M; SG&A rose 49.7% to $12.44M, including one-time Nasdaq listing and GovCloud costs.
Cash $1.25M at Dec 31, 2022, down from $3.48M; long-term debt $1.34M; equity $0.63M.
29 users contracted for Orchestration Layer; 25 new FIs via FIS; Mastercard pricing modified to per-user-year model.
Expense rationalizations expected to cut annualized SG&A by ~$2M; monthly burn reduced $172K vs Aug 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

T Stamp Inc reported the fiscal year ended December 31, 2022 results: revenue $5.38 million.

Period: the fiscal year ended December 31, 2022
Revenue: $5.38 million
Result: reported results

Exact text from the filing

(EXHIBIT 99.1) --- EX-99.1 2 tm2311022d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Trust Stamp Reports 2022 Financial Results and Provides Business Update Revenue increased 46.4% to $5.38 million for the year ended December 31, 2022, as the Company implemented a SaaS delivery model for its AI-powered technology March 30, 2023: Trust Stamp (Nasdaq: IDAI), the Privacy-First

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Source: SEC EDGAR

accession 0001104659-23-039270

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