---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-060847"
form_type: "8-K"
ticker: "IDAI"
cik: "0001718939"
company_name: "T Stamp Inc"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:19:11.211524+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# T Stamp Q1 revenue falls 83.7% to $0.47M; net loss widens to $2.5M

## Summary
- Revenue of $0.47M, down 83.7% YoY due to ICE contract termination ($2.24M in Q1 2022).
- Net loss of $2.5M ($0.51 per share) vs. $1.7M ($0.37) in Q1 2022; operating loss up 57.2%.
- SG&A reduced by $1.15M (36.9%); additional >$1M annualized cuts planned, redirected to sales.
- Cash $0.77M at March 31; raised $5.2M in registered direct offering in April 2023.
- Orchestration Layer platform onboarded 29 users; hiring dedicated sales team expecting Q4 2023 revenue.

## SEC filing metadata
- accession: 0001104659-23-060847
- form_type: 8-K
- ticker: IDAI
- cik: 0001718939
- company_name: T Stamp Inc
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718939/000110465923060847/0001104659-23-060847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718939/000110465923060847/tm2315857d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-060847
- JSON: https://secwatch.observer/filing/0001104659-23-060847.json
- Plain text: https://secwatch.observer/filing/0001104659-23-060847.txt

## Key facts
- Earnings Releases
  T Stamp Inc reported the three months ended March 31, 2023 results: net income Net loss was $2.5 million, EPS $0.51 per basic and diluted share.
  - Period: the three months ended March 31, 2023
  - Net income: Net loss was $2.5 million
  - EPS: $0.51 per basic and diluted share
  - Result: reported results
  source text: Net loss was $2.5 million, or $0.51 per basic and diluted share, for Q1 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718939/000110465923060847/0001104659-23-060847-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.