secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001718939-24-000137
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trust Stamp revenue up 16% to $1.07M; financial institution customers double YoY; operating loss widens
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- Net revenue $1.07M for H1 2024 vs $919K in H1 2023, a 16% increase.
- Enrolled financial institutions on SaaS Orchestration Layer rose 100% to 62 from 31 YoY.
- Operating loss $5.47M vs $4.96M; net loss per share improved to $0.47 from $0.80.
- First Orchestration customer generating >$14K MRR at 83.3% gross margin; S&P500 bank >$1.2M ARR.
- Anticipates significant IP license fees as other income in Q3 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000137/0001718939-24-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000137/idai-20240813.htm
  HTML page:      https://secwatch.observer/filing/0001718939-24-000137

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