secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001718939-24-000083
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trust Stamp Q1 revenue up 25% to $574K; operating loss widens to $2.85M, EPS improves to -$0.26
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- Q1 net revenue $574K (+25% YoY from $459K); operating loss $2.85M vs $2.58M.
- Net loss per share improved to $0.26 from $0.50 due to increased share count.
- 51 financial institutions integrated (fivefold increase since start 2023); recurring revenue expected from Q3 2024.
- Launched AI age-estimation product with first engagement and new wire/transfer authentication product for community banks.
- SG&A up 26.5% on added sales staff and in-house development; stock-based compensation impact $257K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000083/0001718939-24-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000083/idai-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001718939-24-000083

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