secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001104659-23-039270
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000110465923039270/0001104659-23-039270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000110465923039270/tm2311022d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-039270

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