---
schema_version: "secwatch.filing_event.v1"
accession: "0001718939-23-000008"
form_type: "8-K"
ticker: "IDAI"
cik: "0001718939"
company_name: "T Stamp Inc"
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T11:48:34.028747+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Trust Stamp Q2 net loss narrows to $2.17M; cash jumps to $5.04M on $7.47M equity raise

## Summary
- Q2 2023 net loss $2.17M ($0.32/share) vs $2.92M ($0.63) in Q2 2022; operating loss down 18.91%.
- Revenue fell 34.94% to ~$460K due to ICE contract termination; billable service revenue temporarily reduced.
- Cash and cash equivalents $5.04M at June 30, 2023, up from $1.25M at Dec 31, 2022 after $7.47M equity raise.
- Financial institution customer base grew 283% YTD to 29; target raised to 45-50 by year-end 2023.
- First direct Orchestration Layer user in production with >82% gross margin; S&P500 bank also onboarded.

## SEC filing metadata
- accession: 0001718939-23-000008
- form_type: 8-K
- ticker: IDAI
- cik: 0001718939
- company_name: T Stamp Inc
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718939/000171893923000008/0001718939-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718939/000171893923000008/q220238kidai-20230630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718939-23-000008
- JSON: https://secwatch.observer/filing/0001718939-23-000008.json
- Plain text: https://secwatch.observer/filing/0001718939-23-000008.txt

## Key facts
- Earnings Releases
  T Stamp Inc reported financial results for quarter and period ended June 30, 2023.
  - Period: quarter and period ended June 30, 2023
  - Result: reported results
  source text: T Stamp, Inc. (the “Company”) issued a press release announcing its results of operations for the quarter and period ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718939/000171893923000008/0001718939-23-000008-index.htm

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