secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0001718939-23-000016
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T Stamp terminates IGS agreement, launches Tap-In Band for ATD market
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- MSA with Innovative Government Solutions terminated Sep 15, 2023; $2.6M prepaid revenue now recognizable.
- Launched Tap-In Band, a battery-free NFC wristband for community supervision check-ins.
- Band uses provisional patent #63/581,409 covering multi-factor authentication with tamper-proof band and biometrics.
- No GPS or battery, reduces user privacy concerns; designed for Alternative to Detention programs.
- Trust Stamp CEO calls Tap-In Band a game-changer; costs up to 100x less than legacy devices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893923000016/0001718939-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893923000016/idai-20230915.htm
  HTML page:      https://secwatch.observer/filing/0001718939-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer